Comments on: Fed Trims Key Interest Rate By ¼ Point

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

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by forthepeopl1 April 30, 2008 6:33 PM EDT
PEOPLE - - BEGIN TO RESEARCH and PROBE THIS ! ! ! !

SPECIAL "CLOSED SESSION" OF U.S. HOUSE OF REPRESENTATIVES

Word has begun leaking from last nights special,
Closed-door session of the United States House of Representatives.
Not only did members discuss new surveillance provisions as was the publicly stated
Reason for the closed door session, they also discussed :

1. The Imminent Collapse of the U.S. economy to occur by September 2008
2. The imminent collapse of US federal government finances by February 2009
3. The possibility of Civil War inside the USA as a result of the collapse
4. Advance round-ups of "insurgent U.S. citizens" likely to move against the Government
5. The Detention of those rounded-up at "REX 84" camps constructed throughout the USA,
6. The possibility of retaliation against members of Congress for the collapses
7. The Location of "safe facilities" for members of Congress and their families
To reside during expected massive civil unrest
8. The necessary and unavoidable merger of the United States with Canada
(for its natural resources) and with Mexico (for its cheap labor pool)
9. The issuance of a new currency - THE AMERO -
For all three nations as the proposed solution to the coming economic armageddon.

Members of Congress Have Been FORBIDDEN to reveal what was discussed
Several are so furious and concerned about the future of the country,
they have begun leaking info.

Reply to this comment
by bankscheat April 30, 2008 6:32 PM EDT
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.
Reply to this comment
by jamessmith13 April 30, 2008 6:17 PM EDT
Thank God the idiot running the Federal Reserve only has 8 more bullets left in this gun with interest rate cuts. At the rate he is devaluating the dollar, oil will be $150 a barrel, and then we will see what happens to this economy.
Reply to this comment
by jamessmith13 April 30, 2008 6:16 PM EDT
Thank God the idiot running the Federal Reserve only has 8 more bullets left in this gun with interest rate cuts. At the rate he is devaluating the dollar, oil will be $150 a barrel, and then we will see what happens to this economy.
Reply to this comment
by jamessmith13 April 30, 2008 6:15 PM EDT
Thank God the idiot running the Federal Reserve only has 8 more bullets left in this gun with interest rate cuts. At the rate he is devaluating the dollar, oil will be $150 a barrel, and then we will see what happens to this economy.
Reply to this comment
by arlt1627 April 30, 2008 6:14 PM EDT
Eventually it will be a good thing to RAISE interest rates.....someday.
Reply to this comment
by jamessmith13 April 30, 2008 6:13 PM EDT
Thank God the idiot running the Federal Reserve only has 8 more bullets left in this gun with interest rate cuts. At the rate he is devaluating the dollar, oil will be $150 a barrel, and then we will see what happens to this economy.
Reply to this comment
by forthepeopl1 April 30, 2008 6:13 PM EDT
PEOPLE - - BEGIN TO RESEARCH and PROBE THIS ! ! ! !

SPECIAL "CLOSED SESSION" OF U.S. HOUSE OF REPRESENTATIVES

Word has begun leaking from last nights special,
Closed-door session of the United States House of Representatives.
Not only did members discuss new surveillance provisions as was the publicly stated
Reason for the closed door session, they also discussed :

1. The Imminent Collapse of the U.S. economy to occur by September 2008
2. The imminent collapse of US federal government finances by February 2009
3. The possibility of Civil War inside the USA as a result of the collapse
4. Advance round-ups of "insurgent U.S. citizens" likely to move against the Government
5. The Detention of those rounded-up at "REX 84" camps constructed throughout the USA,
6. The possibility of retaliation against members of Congress for the collapses
7. The Location of "safe facilities" for members of Congress and their families
To reside during expected massive civil unrest
8. The necessary and unavoidable merger of the United States with Canada
(for its natural resources) and with Mexico (for its cheap labor pool)
9. The issuance of a new currency - THE AMERO -
For all three nations as the proposed solution to the coming economic armageddon.

Members of Congress Have Been FORBIDDEN to reveal what was discussed
Several are so furious and concerned about the future of the country,
they have begun leaking info.

Reply to this comment
by forthepeopl1 April 30, 2008 6:10 PM EDT
PEOPLE - - BEGIN TO RESEARCH and PROBE THIS ! ! ! !

SPECIAL "CLOSED SESSION" OF U.S. HOUSE OF REPRESENTATIVES

Word has begun leaking from last nights special,
Closed-door session of the United States House of Representatives.
Not only did members discuss new surveillance provisions as was the publicly stated
Reason for the closed door session, they also discussed :

1. The Imminent Collapse of the U.S. economy to occur by September 2008
2. The imminent collapse of US federal government finances by February 2009
3. The possibility of Civil War inside the USA as a result of the collapse
4. Advance round-ups of "insurgent U.S. citizens" likely to move against the Government
5. The Detention of those rounded-up at "REX 84" camps constructed throughout the USA,
6. The possibility of retaliation against members of Congress for the collapses
7. The Location of "safe facilities" for members of Congress and their families
To reside during expected massive civil unrest
8. The necessary and unavoidable merger of the United States with Canada
(for its natural resources) and with Mexico (for its cheap labor pool)
9. The issuance of a new currency - THE AMERO -
For all three nations as the proposed solution to the coming economic armageddon.

Members of Congress Have Been FORBIDDEN to reveal what was discussed
Several are so furious and concerned about the future of the country,
they have begun leaking info.

Reply to this comment
by underdogus April 30, 2008 6:01 PM EDT
Ben Bernanke..looks like the Titanic''s captain John Smith..yaiks!!
Reply to this comment
by underdogus April 30, 2008 6:00 PM EDT
Ben Bernanke..looks like the Titanic''s captain John Smith..yaiks!!
Reply to this comment
by davidlar2 April 30, 2008 5:31 PM EDT
Bernanke should be tried and executed for treason (and I don''t normally believe in the death penalty).

He has deliberately sacrificed the future of the US economy by stoking inflation, just so he and his buddies on Wall Street can make a short term profit. Deliberately sabotaging one''s country from a position of power for personal gain seems to fit the definiton of treason.
Reply to this comment
by omega39-2009 April 30, 2008 5:30 PM EDT
Fed Trims Key Interest Rate By < Point

Oh good, I''ll be able to sleep tonight...
Reply to this comment
by forthepeopl1 April 30, 2008 5:13 PM EDT
PEOPLE - - BEGIN TO RESEARCH and PROBE THIS ! ! ! !

SPECIAL "CLOSED SESSION" OF U.S. HOUSE OF REPRESENTATIVES

Word has begun leaking from last nights special,
Closed-door session of the United States House of Representatives.
Not only did members discuss new surveillance provisions as was the publicly stated
Reason for the closed door session, they also discussed :

1. The Imminent Collapse of the U.S. economy to occur by September 2008
2. The imminent collapse of US federal government finances by February 2009
3. The possibility of Civil War inside the USA as a result of the collapse
4. Advance round-ups of "insurgent U.S. citizens" likely to move against the Government
5. The Detention of those rounded-up at "REX 84" camps constructed throughout the USA,
6. The possibility of retaliation against members of Congress for the collapses
7. The Location of "safe facilities" for members of Congress and their families
To reside during expected massive civil unrest
8. The necessary and unavoidable merger of the United States with Canada
(for its natural resources) and with Mexico (for its cheap labor pool)
9. The issuance of a new currency - THE AMERO -
For all three nations as the proposed solution to the coming economic armageddon.

Members of Congress Have Been FORBIDDEN to reveal what was discussed
Several are so furious and concerned about the future of the country,
they have begun leaking info.

Reply to this comment
by lochlan-2009 April 30, 2008 4:37 PM EDT
Fed rate cut = dollar loses value = commdities(oil) goes up = Americans get screwed while oil company profits roll in the $$$.
Reply to this comment
by mediapreachr April 30, 2008 2:29 PM EDT
The article fails to mention that the actual cause of inflation is caused by lowering rates.
More to the point-the person who''s picture is on top of the page-a paid coward-is the direct cause of your misery.
Reply to this comment
by jn122736 April 30, 2008 1:02 PM EDT
What is the inflation rate today?

The price of almost everything, necessary for survival, has at least doubled, and in many cases quadrupled, over the past 7 years.
In the Carter years, inflation rates were in double digits, and intersect rates reflected that by increasing proportionately (Bush apologists have posted those facts repeatedly whenever the present economy is being criticized).

The price of dry powdered milk (usually a very stable commodity) has gone from $7.99 per 20-quart box to $13.99, eggs from $.50 to $2 per dozen, vegetable cooking oil from. $.69 per 48oz to $3.99 (advertised sale price), Gas from less than $1 per gallon to $3.5 (here in SW Missouri),

Inflation is definitely rampant and interest rates are dropping drastically.
That is just the opposite of what they did in the 1970%u2019s.
Many folks use CD accounts to help increase their retirement income. CD%u2019s that were paying 5.25% interest just 6 months ago have dropped to 2% or less.

Instead of fighting inflation by increasing interest rates, the rates are dropping to the point where the government will soon be PAYING people to buy on credit and actually applying fees to CD accounts.
But then, what else can we expect from an administration that has borrowed over $4 trillion and are currently borrowing money FOR consumers (stimulus package rebates)

The true inflation rate is obviously being hidden or intentionally misstated/falsified.


Reply to this comment
by omega39-2009 April 30, 2008 12:09 PM EDT
I really don''t see the point of devaluing the dollar even more when inflation is going through the roof. It''s not like the banks are still willing to lend money anyway.
Reply to this comment
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