Comments on: Fed Keeps Interest Rate Unchanged

Central Bank Acknowledges Increased Market Strains But Leaves Key Rate At 2%

[jtdev1]

Privatisi
ng social security is a good idea. Just imagine the gains that one could obtain in their retirement account.


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Posted by gop_will_win




And exactly who will be that "one" getting the gains???

Don''t know about you, but my vanguard 401k (privatized account) has lost everything I put into it since march 08 plus $1500 in it''s value.

So much for a "Privatized" account doing better...

[gop_will_win]

McSame wants to privatize social security just like McBush and wants to turn your money over to the Wall Street fascist wolves. Stop them NOW.

The Republicons have become completely irrelevant with their corporate privatization schemes.


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Posted by noloyalisti
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Privatising social security is a good idea. Just imagine the gains that one could obtain in their retirement account.

[oscarez]

50 billion and 20 billion, the money printing presses are smoking printing tons of almost worthless paper money. They keep this up and a loaf of bread will cost $10.00 by 2010.

[Renegade.Rivers]

Let''s just hope that they don''t lower interest rates and devalue the dollar even more. Actually the best thing that the Fed could do is go out of business, and give the banking system back to the government like it was meant to be. Short of that the best thing that they could do is raise the interest rate a point or two, to strengthen the dollar, and take about a trillion dollars of paper out of circulation. Oh sure, some people are going to lose their butt, but with the path we are going down now, a lot more people are going to lose their butt. After all the easy credit, and cheap interest rates is what got us where we are now.

[noloyalisti]

McSame wants to privatize social security just like McBush and wants to turn your money over to the Wall Street fascist wolves. Stop them NOW.

The Republicons have become completely irrelevant with their corporate privatization schemes.

[oscarez]

Why don''t the FED cut the rate to 0 like Japan did? Then when that don''t help pay the banks to borrow the money!!!

[hypnotoad72]

I thought the Fed made a clear line that there would be no more cuts.

Somebody find a string to pull or is this out of a legit emergency? Probably the latter, but thinking of conspiracies really is fun... and a national pastime everyone can partake in!!! :)

[antoniof123]

One other thing the def of Reactionary

In Europe, the term reaction appeared in the French Revolution, when conservative %u2014 and especially Roman Catholic Church %u2014 forces organized opposition to the progressive socio-political and economic changes wrought by the Revolution, and to fight to restore (preserve) the temporal authority of the Church and Crown, analogously, Jacobinism arose to combat reaction.

This is facism at its best sound a lot like our GOP doesn''t it.

[antoniof123]

Posted by sun247 at 12:22 PM : Sep 16, 2008

You need to go back to high school if you ever finished. Hitler was a right winger sorry to burst your bubble.

The reason facism rose so quickly was its hatered to communism. Now they two together fight to the death thank goodness we had FDR in office or you idiots would have had us all speaking German and signing prasises to the fatherland.

God neo con right wing nuts get dumber by the minute.

[bombadil4]

Yeah real bright idea-lower interest rates still further. Hasn''t worked yet so why not try it again. It''s like hitting yourself in the head with a hammer because it feels good when you stop. The result has been tremendous devaluation of the U.S. dollar with little or no upside on lowering the interest paid by borrowers. Those fortunate enough to have some savings will continue to watch the growth of that money languish below the inflation rate and so lose value. You know you''re up the creek when these "experts" start recycling ideas that haven''t worked several times already.