Free Republic

The Fed hit the market with a surprise 50-basis-point discount rate cut that caught many traders leaning the wrong way Friday. The rate cut came in response to the subprime crisis and is giving the credit markets the one thing that they need the most, liquidity. Options House Zecco.com Fidelity Investments Charles Schwab E*TRADE FINANCIAL TD AMERITRADE The Fed is hoping that by injecting liquidity into the credit markets, it can avert a meltdown of the financial system. If the Fed has to take further action in response to the subprime crisis and continue pouring in liquidity, we may see...

For education and discussion only. Not for commercial use. JESUP --- Why the Central America Free Trade Agreement? Why should anyone want to integrate the United States with Mexico and Canada, and destroy everything we know and love? Our country is so different in freedom from other countries in the world. The Council on Foreign Relations has a 59-page document establishing a five-year plan for the "establishment by 2010 of a North American economic and security community" with a "common outer security perimeter." This plan calls for massive U.S. foreign aid to the other countries. It demands we implement "the...