Comments on: Stocks Rally On Fed's Rate Cut

Half Percentage Point Cut To Discount Rate Helps Boost Trading As Dow Closes Up 230 Points

[missingamerica]

Ain''t it great?

This Administration''s version of government "for the people" will loan money to the monster financial institutions at 5.25%, but loan it at that rate to the "little people" who are losing their homes due to soaring mortgage interests rates?

Oh, heck no.

They still want you to pay your taxes and buy Savings Bonds (that pay 3.40% interest), of course.

[hypnotoad72]

rsoxfan1123 - uh, Clinton balanced the budget. That does not mean he repaid all $6 TRILLION of it.

That having been said, at least Clitnon managed to get it under budget. Never mind departmental oversights (or lack of) that allows some groups to spend tens of thousands on a toilet or half a mil to mail two 20 cent washers, and other idiotic horror stories like those...

Oh, if the market does crash, it''ll take down the rest of the world with it. ANY president is going to want to prevent that because even their biggest supporters would suffer.

[nyckate]

fredgrad2000 - wow -- you are under the assumption that the average american has hundreds of thousands of dollars to invest - they don''t - this is the Big Boys playing at the market.

The 2001 Recession was over by Nov. 2001 and was deemed the shallowest in US history. So let''s not repeat Insanity Hannity factoids, least not outside your own little Bush World of Delusions, ok??? Try reading the FInancial Times, International Herald Tribute, The Economist. broadan your horizons.

Fact is even experts such as at Merrill Lynch see and fear a recession - especially given rising prices, stagnant wages and real estate market busts. But then again what do they know, right??? DUH

[usayesterday]

This is a bandaid on a growing problem that will catch up to all of us very shortly. It''s not just the government, it''s not just us individuals, it''s everyone in concert...


...and it''s based on, revolves around, originates from...







GREED.





(www.zeitgeistmovie.com)

[nyckate]

NavyRetired2 -- umm - did you not know that our own Fed has injected $94 Billion this month alone?? And why do you think the Fed cut the rate?

Who acts on behalf of the Fed? Bernanke you say? the same Bernanke appointed by Bush as Fed Chairman?

Is there a global economy? Yes - does Bush know that? NO - what he knows about business couldn''t fill a postcard - he knows the way to bankruptcy court and that''s about it. BUT there''s no doubt that the Bush Neocon crowd know when to play politics with US - and in order to save GOP they can''t allow a recession now - so prop it up they will because they know a fallout will create a much slower economy.

[andor3]

what do you know? more welfare handouts for the rich and big corporations. Suddenly they can borrow money for less than they charge on their loans.

It''s a good idea--somebody does something irresponsible (like make a questionable loan), and you reward them when it catches up to them. Let''s expand this--I say every person caught speeding should get $100 plus $10 for every mile over... This would make people understand that bad choices have consequences.

[navyretired2]

"Posted by george2221 at 12:16 PM : Aug 17, 2007"

Yep. The Brits in control of the Fed needed to bump their petty cash a bit, so they manipulated our markets a bit and WHALAA!

For those of you saying "the Fed" has done a great job, really have no clue about what the Fed is all about. It is foreign, international, big banking elite control of world money...they don''t care about Americans being able to pay their mortgages, until it gets to such a point they lose money on lending, then they play with the markets to protect their backsides and come out of it with a profit. The fact that they adjust interest rates to keep the stock market somewhat "steady" is simply to continue the illusion of economic stability, so they can get more of our money. Do the research yourself if you don''t believe me.

[navyretired2]

"Bush is going to do whatever it takes to prop up the market - he doesn''''t care if it comes crashing down - so long as it doesn''''t crash before the elections.

A Recession will hit the republicans very very badly at election time and Failure George has already done enough damage to them - so no matter the cost, no matter the end-result it''''s all about politics and his legacy of course.
Posted by nyckate at 01:23 PM : Aug 17, 2007"

Do you honestly believe Bush was behind the British-controlled Fed making this move? Do some research on the "Federal Reserve System." It will open the eyes so to speak.

[fascistusa]

The US economy is rock solid.

BUY CHEAP STOCKS. Buy buy buy.

You''ll make a fortune. and get 6 pack abs. and your "certain member" will GROW!!

BUY!!!!!!!!!

For the rest of you : ZEITGEISTmovie.com.

[rsoxfan1123]

fredgrad2000-you are a classic data manipulist which is what we have been enduring formt his administration for 8 years. Take a look at the national debt which has now hit an all time high. clinton payed that debt nearly entirely off.
That republican debt will be put on our kids and grandkids. It''s analagous to using a credit card to buy all kinds of stuff and then telling everyone how well you are doing. you are either lying or stupid because either you know what I am saying is true or you can''t figure it out. Either way it''s scummy.