Comments on: Fed Slashes Interest Rates To All-Time Low

Amid Deepening Recession, Central Bank Cuts Key Rate By At Least ¾ Point; Stocks Soar

[incog-nito]

As long as "free trade" and outsourcing continues, no amount of taxpayer-funded bailout or rate adjustment or printing money or more borrowing, will save the U.S. economy.

http://www.creators.com/opinion/pat-buchanan.html

[whitemale08]

The British financial firm: Canter-Fitzgerald is working on this very scheme RIGHT NOW!!!

The company Canter Fitzgerald calls these new derivate-swaps ''life settlements''.

WE ALL MUST WATCH WHAT CANTER FITZGERALD DOES FOLKS AND FIGURE OUT A WAY TO SHUT DOWN THIS SCAM BEFORE IT STARTS!!!

[used2bfedup1]

We are soooooo FUBAR. Even James12341''s dollar isnt goin to be worth diddly.

[u-r-right]

This won''t help consumers at all. It seems to me the rates for mortgages and other consumer loans go up a little each time the fed reduces their interest rate.

What we the people really need is encouragement to wean ourselves off the credit teet. And how about no fee refinance options for mortgages and car loans at a rate close to prime? Stimulate the wallets of the masses to turn around the economy.

[whitemale08]

Basicly a ''carbon-credit-system'' is a way for the evil oligarchs and so-called monarchies of Europe to ''finance'' our very lives.

We owe them back money for living.

This is what the bail out of the derivatives market is all about.

It''s one PONZI scheme being replaced by another.

However this time instead of with material things like automobiles, houses and the like, it''s with our very lives.

WE MUST SHUT DOWN THE FEDERAL RESERVE SYSTEM AND ALL PRIVATE CENTRAL BANKING SYSTEMS AROUND THE WORLD NOW!

[whitemale08]

Posted by whitemale08 at 06:29 PM : Dec 16, 2008

Carbon credits are Wall Streets new CDS'''', CDO''''s and such.


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Posted by daveqwerty at 06:34 PM : Dec 16, 2008

EXACTLY! JUST LIKE THE WORTHLESS MULTI-QUADRILLION DERIVATIVES!!!

[whitemale08]

SHUT DOWN THE FED NOW!!!

[incog-nito]

Here''s a better link to the Buchanan article. Very enlightening (this, coming from a lefty).

http://www.creators.com/opinion/pat-buchanan.html

[savdavid]

Puh-leeeze! Does anyone think that companies will pass on any of this rate cut to consumers besides a token amount?

[incog-nito]

Read this article by Pat Buchanan on how the Republicans are destroying the U.S. manufacturing sector. Strangely enough, he''s saying exactly what I''ve been saying all along:

http://news.yahoo.com/s/uc/20
081216/cm_uc_crpbux/op_338388;_ylt=AtqUI
MtPFJXSkGryVCsquYT9wxIF