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Fed Takes New Steps to Ease Crisis

A City built on sand falls with a great crash.

http://news.aol.com/story/_a/fed-takes-new-steps-to-ease-cri...



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Presdent Bush to Make Statement on Economy in 12 Minutes

Time is 8:49 am est try CNBC

What did he say?

I missed it.

r/s
John R. Ellis
"Citizen for Freedom"

The economy is strong, the credit markets are working

we are in choppy waters but, we will act decisively when need be. Thanks to Paulson for putting in those extra hours over the weekend. (cough)

Just choppy waters

no need to worry about the huge tide you see coming your way. [gag]

whew!

I feel better already.

This from the article: The

This from the article:

The "discount" rate cut announced Sunday applies only to the short-term loans that financial institutions get directly from the Federal Reserve. It doesn't apply to individual borrowers.

Save their buddies and screw the little guy.

I believe that banking institutions are more dangerous to our liberties than standing armies.The issuing power should be taken from the banks and restored to the people to whom it properly belongs.
Thomas Jefferson

“It does not require a majority to prevail, but rather an irate, tireless minority keen to set brush fires in people's minds”
-Sam Adams