Comments on: Fed Trims Key Interest Rate By ¼ Point

Moving Less Aggressively Than Before, Central Bank Cuts Rate As Economy Continues Slump

[mcv57]

More devaluation of the dollar, more monopoly credit for the rich.

[gullly815]

With this new rate cut, senior citizens are seeing another decrease in their incomes. Those of us who roll over CD''s, hold Bank Money Markets etc. are again being penalized, by having our income reduced.

How are we suppose to go out and spend money, when we are forced to live on less than we previously had?

The Fed does not take this consumer angle into consideration when they make these rate decreases.

Whose watching out for us and our income?

[gullly815]

With this new rate cut, senior citizens are seeing another decrease in their incomes. Those of us who roll over CD''s, hold Bank Money Markets etc. are again being penalized, by having our income reduced.

How are we suppose to go out and spend money, when we are forced to live on less than we previously had?

The Fed does not take this consumer angle into consideration when they make these rate decreases.

Whose watching out for us and our income?

[ontheleft]

The last thing that the government should be doing is lowering interest rates. Lenders have tightened credit regardless of what the Fed is doing. It only weakens the dollar further, increases inflation, and hurts retirees who depend on income that''s tied to the Fed rate.

[sparks224]

Oh great, now the Dollar is even more worthless.

[randynason]

I feel like the depression is getting to me. Ya know what I mean?

[sharncedar]

Gotta love that Bernanke. He is a big-time inflation fighter .... uh, well maybe not. He is a guy we can trust, a guy who won''t expand the money supply in a heedless manner ... uh, well maybe not.

I wonder if anything could be worse than the Fed, for example if there were no Fed and a fixed rate of 5.5% it would certainly be better, if there was a fixed system that increased money supply exactly with growth in real GDP it would be better.

The Fed has lost its prestige and no one trusts them anymore, and that''s a problem.

[randynason]

-Too little, too late. The Feds were so timid and afraid to say the "R" word, while we were already settling into it. Now that they are talking openly about the "R" word, the situation appears to me to look more like the "D" word. This scenario has all the markings of a run, frankly.

[randynason]

-Too little, too late. The Feds were so timid and afraid to say the "R" word, while we were already settling into it. Now that they are talking openly about the "R" word, the situation appears to me to look more like the "D" word. This scenario has all the markings of a run, frankly.

[randynason]

-Too little, too late. The Feds were so timid and afraid to say the "R" word, while we were already settling into it. Now that they are talking openly about the "R" word, the situation appears to me to look more like the "D" word. This scenario has all the markings of a run, frankly.

[randynason]

-Too little, too late. The Feds were so timid and afraid to say the "R" word, while we were already settling into it. Now that they are talking openly about the "R" word, the situation appears to me to look more like the "D" word. This scenario has all the markings of a run, frankly.

[shanev137]

The rate cut will mean lower borrowing costs throughout the economy as banks reduce their prime lending rate, the benchmark for millions of consumer and business loans.


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That''s actually not true at all.

Consumer loan rates will only drop if banks decide to drop them.

Just because the Fed lowers their rate doesn''t mean banks automatically pass it on to consumers.

[kissamaarse]

The Fed cuts the federal funds rate again, yet the credit card companies are all increasing rates and fees. Again. If the credit card providers want to say to Americans, "Let them eat cake," then shouldn''t Americans say, "Off with their heads?"

[lastdance116]

Spammers have Seized - The CBS News .. Web Site away from
The CBS News Management - AGAIN

Spammers posting Spam and Profanity - 24/7 on CBS ....
CBS News Management Approved Spam -

CBS News Seized By Chronic - Habitual Spammers - Again !
Chasing Away Serious Posters and former Patrons of CBS ...
Commercial Advertisers should take more Consideration in the Money they Spend
On the Incompetent and Inept - CBS News Management
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ou make very silly connections. So silly they''''re stupid.
Posted by mudrose at 04:20 PM : Apr 30, 2008
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First Amendment they need some more water. Hurry get to the trough and give
them more water. Posted by mudrose at 02:18 PM : Apr 10, 2008
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The Rainbow coalition. Pansies,Poverty Pimps, Murderers, and Victims.
Posted by mudrose at 02:15 PM : Apr 10, 2008
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privilege of shoot you bowels off and thinking you are saying something significant?
Huh? Huh? Posted by mudrose at 02:13 PM : Apr 10, 2008
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Seems the scumbag wasn''''t paying any attention. Just like you witless.
Posted by mudrose at 02:11 PM : Apr 10, 2008
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srdesert48? I''''m checking. Posted by mudrose at 02:10 PM : Apr 10, 2008
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Shingles1, English? Posted by mudrose at 02:09 PM : Apr 10, 2008
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ou''''ll get a lot of his bigotry and racism. It''''s his typical white person
commentaries that I find uplifting. Posted by mudrose at 02:07 PM : Apr 10, 2008

[barryrose1]

whose the real winner with the feds cut? Not the consumer!!

[barryrose1]

whose the real winner with the feds cut? Not the consumer!!

[barryrose1]

whose the real winner with the feds cut? Not the consumer!!

[cfin5]

James Madison

(Architect of the U.S. Constitution & Co-Author of the Federalist Papers)

"History records that the money changers have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control over governments by controlling the money and its issuance."

"There are more instances of the abridgement of the freedom of the of the people by the gradual and silent encroachment of those in power, than by violent an sudden usurpation."

[blackwater66-2009]

I thought I would retiree this year, but looking at the worthless dollar these days , I''m a little frighten,
What say thee ??

[bankscheat]

Why do we care if the Feds lower the interest rate? The banks are the only concern the goverment has. The consumer won''t see interest rates lower. In fact, the banks keep making them higher! If the banks get the money from the government (our money) for 2% percent and then charge us 24% (credit cards) who''s doing great? Lets do the math and stop banks that cheat.