Comments on: Bernanke May Boost Interest Rates

The Financial Sector Has Taken The Fed Chairman's Tough Anti-Inflation Talk As A Signal That He Will Raise Interest Rates

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by oneworldusa June 11, 2008 5:39 AM EDT
Ok. Everything costs more. People are in crisis mode. So, the fed wants to possibly RAISE interest rates? This will make it unaffordable for the McMansion wannabes, as if it didn''t happen already, but I digress. Better get that equity line now. Oh, wait, you no longer have equity because of the greedy bankers and people trying to one-up the Joneses.
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by watcher269-2009 June 11, 2008 5:32 AM EDT
Yup - The economy is doing soooo well (for the Rich that is) that the Fed will raise interest rates to make sure that you poor folks out there who are trying to survive on a week by week basis become poorer so that they may party!

After all - as the republicans say - it''s your fault that you are poor and in the crisis that you are in - your fault - pull yourselves up by your bootstraps and stop whining!

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by ricklf1 June 11, 2008 5:10 AM EDT
This Country is standing at the threshold of a 1930''s depression and at the same moment is facing untold inflation. Raising interest rates now would help greatly, because doing that would improve the US dollar value against other currencies. A stronger U.S. Dollar would help to stabilize world oil prices. It is a step in the right direction if Bernake would do it now.
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by radiob-2009 June 11, 2008 4:31 AM EDT
Posted by vnveteran72 at 12:43 AM

Future prices puts and calls are difficult to guage, and the risk is low, compared to the return that is possible. Most people are unaware of how to do this with triple witching days and the ability to predict the future of a index or a stock is not as easy as it sounds. I dumped all of my stocks in 2001 before the bubble burst and made out,do not see many investments not to make beyond housing and land and one has to be careful and diligent.
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by fightfascism June 11, 2008 3:56 AM EDT
The war on the middle class continues. Welcome to the beginning of America the 3rd World Country!
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by vnveteran72 June 11, 2008 3:43 AM EDT
I lost all my Stock Value back in the day, and was so pisssed off that I searched for an answer to the problem. I now Trade Indice Futures exclusively, and wouldn''t own a share of stock if you gave it to me.
It''s absolutely the best thing I ever did. If I''d been doing it 30 years ago, I''d never have had to work all those years like a Dog, for wages. I''ve tried to tell people about Futures Trading, but they just aren''t interested. More for me!!!
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by vnveteran72 June 11, 2008 3:36 AM EDT
Is there anyone in America that thinks this Dimbulb has the Slightest Clue???.......LMMFAO.......
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by simplemind2 June 11, 2008 2:45 AM EDT
What goes up must come down.
Reversely is also true - what comes down will go back up!
Common sense 101!
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by cdfoxtrot June 11, 2008 2:22 AM EDT
All I know is I lost 90% of my investments in the dot com crash and 50% of the remainder during the last 7 years. I want to know where all our money has gone. ....

Posted by WogerWabbit

Try Eye-Rack and Rat Cheney''s bank account.
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by CB_Brooklyn June 11, 2008 2:20 AM EDT
Kucinich presents Bush impeachment articles.

Thirty-five articles were presented by Rep. Dennis Kucinich to the House of Representatives late Monday evening, airing live on C-SPAN.

http://rawstory.com/news/2008/Kucinich_presents_Bush_impeachment_articles_0609.html
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by wogerwabbit June 11, 2008 2:09 AM EDT
All I know is I lost 90% of my investments in the dot com crash and 50% of the remainder during the last 7 years. I want to know where all our money has gone. I think we were robbed by the Fed, Wall Street and our government... they are the perpertrators of the crime.
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