Comments on: Fed Cuts Key Interest Rate By Half-Point
In Effort To Thwart Recession, Central Bank Slashes Federal Funds Rate To 1 Percent
- DoILo0kligaf: Stop pasting this lame post to everything and anything on this site. It''s ridiculous.
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- It seems theat bob5ford''s knowledge of history doesn''t go much beyond yesterday.
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- Great news for Wall St. because now they can borrow some of that $700 billion bailout money and owe only one percent of what they borrow. Bad news for Main St., because now we''re exposed to inflation due to the consistent interest rate cutting the Fed has been doing. Expect to pay a lot more for goods and services in the near future.
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- Well, well, looks like things are a lot worse than we have been told. It''s hard to fool Wall Street. If the FED had kept the rates the same we could expect that the economy is on the mend. Look for more losses on the Wall Street.
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- I noticed some liberals dancing in the street so I looked at the DOW nad its taking a dive.
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- Message from the FED: "Don''t save any money. If you do we will not pay you any interest. What we will do is make it easy and cheap to borrow money you need even if you can''t afford it. Look at the federal government, we have borrowed trillions over the past 8 years. Happy days are hear again"
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- We don''t need rate cuts, WE NEED ''REAL JOBS''!!!!
WE DON''T WANT MORE ''DEBT SERFDOM''!!!!!
TELL WALL STREET TO GO TO HELL AND GIVE US ''REAL JOBS'' THAT BUILDS AMERICA INSTEAD OF DEBT FOR WALL STREET!!! - Reply to this comment
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