FED CUTTING INTEREST

FED CUTTING INTEREST

[+] serious ballot by LCD
ACTIVE Tue Mar 18, 08 - Wed Mar 18, 09
I miss the days of Alan Greenspan.

today, they cut the interest rate by .75% today.

they see it as a magic bullet everytime when the economy goes south. Unfortunately, that gun only has a few bullets left.

Fed Fund rate is now at 2.25%. they can only do that 3 more times, then the gun is empty.

after the fed funds rate goes to 0%, what are they going to do?

nuke some country, and revitalize the economy by waging war
blame it on the incoming democratic president

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COMMENTS:
Voted : blame it on the incoming democratic president
And which in turn they will blame video gamers and drug users. Also dropouts.

by fivenotes on Tue Mar 18, 08 12:37pm [+]

The Bush economic recovery plan--borrow money, give it to people to spend. That's the stupidest f'ing thing I ever heard.

by elvislennon on Tue Mar 18, 08 12:42pm [+]

Voted : blame it on the incoming democratic president
I feel for whoever the next lifeform at 1600 Penn Ave is...

by Truthseeker013 on Tue Mar 18, 08 12:49pm [+]

Revitalize the economy by waging war. I that theory has been finally proven not to work.

by ClosetIguana on Tue Mar 18, 08 12:50pm [+]

^ I know closet

by larrynelmira on Tue Mar 18, 08 3:53pm [+]

^ I (think) that theory...

by ClosetIguana on Tue Mar 18, 08 5:44pm [+]