Comments on: Fed Ready To Cut Interest Rates Anew
Stocks Rise After Bernanke Vows More Cuts To Ward Off Possible Recession
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- Get ready for a return to 70s style inflation. All so Bush will not have a recession on his watch and then Republicans can blame Democrats when it does happens.
Free market economies expand and then contract, once can attempt to engineer a "soft landing" or pretend it will not happen and then get inflation which is worse. - Reply to this comment
- real estate IS an investment - for the banks and foreigners who hold the debt ...
Posted by SharnCedar
No it is not an investment; it is DEBT which earns interest on debt loan for the suckers who buy the debt. You need an education in reality. - Reply to this comment
- real estate IS an investment - for the banks and foreigners who hold the debt ...
Posted by SharnCedar
No it is not an investment; it is DEBT which earns interest are the suckers who buy the debt. You need an education in reality. - Reply to this comment
- Bernanke is going to steer the Titanic right into the iceberg.
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- real estate IS an investment - for the banks and foreigners who hold the debt ... it is a way of enslaving American workers so their future earnings can be sent directly to foreign debt holders and america-hating banks around the world. The Saudis through Citi hold a lot of this debt, for example. It''s an ecellent investment, almost like slavery - if you don''t pay they throw you out of your house.
How exactly is it that a piece of american land, owned and belonging to no one but the American public, can be sold for millions of dollars back to americans? Through corruption, through the collusion of a small class of violent, unethical America-hating traitors who are our slave masters, i mean mortgage bankers. - Reply to this comment
- LOL, sorry for you. I tried educating my co-worker on the reality of real estate mortgages. Did not penerate his skull.
LISTEN PEOPLE, REAL ESTATE IS NOT AN INVESTMENT - it produces no profit; only a false value called equity that only the banks will allow you borrow against. The equity that you real estate broker had reference is BS (a deception to justify more profit out of nothing)! - Reply to this comment
- mcv57 -- We CAN''T sell our house. No one is buying.
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- Sell that d*a*m* over-inflated house and shore up your food and water bomb shelter. Move out of the east coast (that is were the natural disasters and the first nuke will hit - according to prophets) and buy solar power. Can''t see no recovery in my books -the whole world''s economic and natural resources are becoming stagnate. The World Bank is shutting down food price manipulation.
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- POSSIBLE recession????
Where do these people love? The economy sucks and is only getting worse due to Bush''s friends raping with obscene oil prices... - Reply to this comment
- Federal Reserve has initiated full time schedules for the printing press (24/7). Got to get ready to crank-out that worthless paper money - create a false stability. This time its going into hyper-recession.
Think about it folks, Fort Knox only has 1/10th value in gold (950 billion dollar)to cover the national debt of 10 trillion dollars. The 9/10th is electronic B/S and worthless paper. - Reply to this comment
- Now our president has a smile on his face and everyone, men, women, and children have stains on their backside.
Posted by zolefart at 07:50 PM : Jan 10, 2008
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LOL!
Not even "OxyClean" can remove that stain! - Reply to this comment
- Oh remember the good old days. Everyone was making money and working. The president had a smile on his face and a young lady had stains on her dress. The goverment had plenty of money and the world did not hate us. Now our president has a smile on his face and everyone, men, women, and children have stains on their backside.
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- So to reward savers and discourage additional consumer debt, the Darth Bushit regime''s puppets in the Fed cut interest rates once again.
There must be some of Bushit''s Billionaires who will benefit! There could be no other reason for the Darth Bushit regime to make a move other than to pay off his "supporters" (i.e., those who move the mouth on Howdy Doody). - Reply to this comment
- I think we throw all you bumbs out of the country that only want to complain about the problems and offer no solution along with the politicians. Then start from scratch first by bringing our troops home if other countries want our help they can pay the cost of our military being there and take the burden off the Amercian public.
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- If Joe and Jane don''t want to be slaves, they should get out of debt, start their own business, and vote to get rid of the government that taxes them and the Federal Reserve that prints money for the wealthy.
But Joe and Jane Average are content to be serfs. Given them easy credit, a job to go to every morning, and some welfare benefits like national healthcare and they are perfectly happy peasants.
Posted by random_radar at 07:00 PM : Jan 10, 2008
Sweet. We take your advice and transform everybody in the U.S. from "slaves" and "serfs" into 303,209,865 individual American business owners.
Who is going to do the work?
Illegal immigrants? - Reply to this comment
- Sigh...why do "Joe and Jane Average" always have to pay for the greed of the wealthy?
Posted by ibsteve2u at 06:36 PM : Jan 10, 2008
Because the wealthy own everything and Joe and Jane owe them money, work for them, and vote for them.
If Joe and Jane don''t want to be slaves, they should get out of debt, start their own business, and vote to get rid of the government that taxes them and the Federal Reserve that prints money for the wealthy.
But Joe and Jane Average are content to be serfs. Given them easy credit, a job to go to every morning, and some welfare benefits like national healthcare and they are perfectly happy peasants. - Reply to this comment
- WE ARE HEADED FOR THE BIG " D " AND I DON''''T MEAN
DALLAS
Posted by g-gfather at 06:22 PM : Jan 10, 2008
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LOL!
I love that song, and that''s a good spoof on it! - Reply to this comment
- Ummm...lowering interest rates is just great for the millionaires and billionaires in the stock market; more cash will go that way since bonds and other interest-bearing articles won''t be as attractive.
But this is supposed to help the Average American how?
By causing the dollar to fall against the rest of the world''s currencies, yet again?
So that imports - like oil (gasoline and heating fuel and energy in general) and *** near everthing we don''t grow here - go up?
Sigh...why do "Joe and Jane Average" always have to pay for the greed of the wealthy? - Reply to this comment
- WE ARE HEADED FOR THE BIG " D " AND I DON''T MEAN
DALLAS - Reply to this comment
- too little too late!!! a day late and a dollar short!! Life in the US going to change so drastically that it makes the depression and the soup lines and the bread lines of 1929 look like a walk in the park..
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