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Fed appears ready to cut key interest rate again
Submitted by Gmartine on Sun, 12/14/2008 - 17:24
http://www.msnbc.msn.com/id/28223836/ "WASHINGTON - With the country spiraling deeper into recession, the Federal Reserve is ready to slash its key interest rate — perhaps to an all-time low — in hopes of cushioning some of the economic fallout felt by many struggling Americans." We are getting robbed! » |
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It was funny
On TV an economist joked that the FED would never cut interest rates near zero bound. That was then, this scenario is turning into a scary movie: "The FED" just when you thought it was safe to go into the water.
"Paper money eventually returns to its intrinsic value:zero." - Voltaire
" Government is not reason; it is not eloquent; it is force. Like fire, it is a dangerous servant and a fearful master. " - George Washington
borrow some money and get a
borrow some money and get a free american made car!
Thinks I should have...
...invested in vaseline....with the screwing we all getting..bet that stock will sky rocket
Freedom is another way to God...A corrupt government is a straight way to hell.
I believe in Hope & Change..I Hope the government will Change
Spindale-Rutherford County-North Carolina
I don't know why they're dicking around
Just cut the rates to 0. They're gonna do it anyway, so just save us the propaganda. Seeing pictures of Zimbabwe makes me jealous, let's do this thing.
http://federalfallacy.com
http://federalfallacy.com
Get ready folks the Dollar
Get ready folks the Dollar is heading for the dumps....can anyone say inflate?
http://www.1776solution.blogspot.com
"So long as the people do not care to exercise their freedom, those who wish to tyrannize will do so; for tyrants are active and ardent...to put shackles upon sleeping men.
— Voltairine de Cleyre (1886-1912)
http://militantjeffersonian.com
"Men do not willingly read unpalatable truths of themselves. The People like those best who fool them most, by pandering to their vices and flattering their foibles" Raphael Semmes
This article is a good
This article is a good example of what I am talking about in my thread:
http://www.dailypaul.com/node/76047
http://www.1776solution.blogspot.com
"So long as the people do not care to exercise their freedom, those who wish to tyrannize will do so; for tyrants are active and ardent...to put shackles upon sleeping men.
— Voltairine de Cleyre (1886-1912)
http://militantjeffersonian.com
"Men do not willingly read unpalatable truths of themselves. The People like those best who fool them most, by pandering to their vices and flattering their foibles" Raphael Semmes
JAPAN Also!!
This is all being done to get home mortgage rates way down. Everyone should check their rates to see if refianancing is possible.
Current Rates from my company:
30 year fixed: 5.25% 0 points
15 year fixed: 5.00% 0 points
http://www.bloomberg.com/apps/news?pid=20601068&sid=ajyk6xFA...
Looks like more gas thrown on the fire
It can't be...can it?
It can't be...can it?