Fed Cuts Interest Rate by Quarter Point

[PollM]

Will this rate cut cause inflation or justified economical stimulus?

----> http://www.youpolls.com/details.asp?pid=848

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[RC]

1. If they really want to stimulate economic activity, quit off shoring our

jobs and bring them back!
And count food and whatever else they don't count anymore in the inflation Index. Double digit inflation is what we really have.

BTY, the Canadian dollar is worth $1.05 with no sign of it slowing down. It was around .85 a year or so ago.

[ChairmanAgnostic]

2. the cliff has just grown in height, and come much closer.

Are they TRYING to destroy the economy?

I used to think that it would be extremely difficult for a present president to change and fuck up long term trends, given the size and complexity of the US economy.
I misunderestimated Bush. Not only did he knock out lots of internal protections, in the name of privitization, cutting government, and removing gov's "nasty controls", but he pursued policies that were/are/will be so antithetical to a functioning economic system that he did something I thought was impossible. He has put our economy on a collision course with disaster.

[Double T]

3. Extremely short term bump; when the phony euphoria dies........

reality will once again be in control as the US dollar continues to decline and the economy continues to faultier; it is a damn election month and THEY are attempting to manipulate US into believing ALL is well with the US economy; it is STILL 1929 and the CONServatives are still screwing YOU royally!!!