Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Federal Reserve makes emergency rate cut
MSNBC ^ | 01.22.08

Posted on 01/22/2008 5:29:53 AM PST by Perdogg

Federal Reserve makes emergency rate cut.

(Excerpt) Read more at msnbc.msn.com ...


TOPICS: Business/Economy; News/Current Events
KEYWORDS: economy; fed
Navigation: use the links below to view more comments.
first previous 1-20 ... 201-220221-240241-260 ... 281-298 next last
To: cake_crumb

“PUH-ease, that kind of hyperbole on a supposedly conservative website is getting really tired. You think ONE AND A HALF PERCENT INFLATION is bad?? This is NOTHING, it’s STILL a pretty damned robust economy.”

Tell me smartie pants.

What is included in the inflation number... and what’s left out of it?


221 posted on 01/22/2008 9:00:05 AM PST by GovernmentIsTheProblem (We are not to expect to be translated from despotism to liberty in a featherbed. - Thomas Jefferson)
[ Post Reply | Private Reply | To 95 | View Replies]

To: GovernmentIsTheProblem

Not to mention the possibility of “fascist creep.”


222 posted on 01/22/2008 9:01:56 AM PST by Bogie
[ Post Reply | Private Reply | To 220 | View Replies]

To: GovernmentIsTheProblem
How is having a central bank, rather than the market, setting interest rates capitalist?

I've always wondered about this. How can one trust the Fed to fix problems it created.

223 posted on 01/22/2008 9:03:19 AM PST by 6SJ7
[ Post Reply | Private Reply | To 220 | View Replies]

To: GraniteStateConservative
Soon we’ll be using dollar bills as toilet paper.

No matter how worthless they become, I think they'd have to make the dollar bills a little softer too.

224 posted on 01/22/2008 9:03:32 AM PST by wideminded
[ Post Reply | Private Reply | To 10 | View Replies]

To: JeffAtlanta

I asserted no such thing. You’re getting me confused with someone else.


225 posted on 01/22/2008 9:03:58 AM PST by cake_crumb (Being a preacher DOES NOT exempt you from being a liar and a crook)
[ Post Reply | Private Reply | To 206 | View Replies]

To: petercooper
Anti-capitalist FReepers deeply saddened.

So has Central Planner Ben Bernanke ever spent a single day of his life in the private sector?

Didn't think so.

226 posted on 01/22/2008 9:04:08 AM PST by AdamSelene235 (Truth has become so rare and precious she is always attended to by a bodyguard of lies.)
[ Post Reply | Private Reply | To 3 | View Replies]

To: Perdogg
Jus says chawwwg it!
227 posted on 01/22/2008 9:04:37 AM PST by tobyhill (The media lies so much the truth is the exception)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Bogie

“Not to mention the possibility of “fascist creep.”

They’ll just revalue everything when greenbacks are replaced by Ameros, anyway.

;)


228 posted on 01/22/2008 9:05:07 AM PST by GovernmentIsTheProblem (We are not to expect to be translated from despotism to liberty in a featherbed. - Thomas Jefferson)
[ Post Reply | Private Reply | To 222 | View Replies]

To: GovernmentIsTheProblem

LOL!! African trade beads.


229 posted on 01/22/2008 9:08:48 AM PST by Bogie
[ Post Reply | Private Reply | To 228 | View Replies]

To: Perdogg

wow


230 posted on 01/22/2008 9:09:54 AM PST by wardaddy (Political Correctness is to Western Culture what the Aids virus is to the cake community)
[ Post Reply | Private Reply | To 2 | View Replies]

To: Bogie

“LOL!! African trade beads.”

Bernanke speakum with forked tongue and secretly makeum extra wampum.


231 posted on 01/22/2008 9:11:42 AM PST by GovernmentIsTheProblem (We are not to expect to be translated from despotism to liberty in a featherbed. - Thomas Jefferson)
[ Post Reply | Private Reply | To 229 | View Replies]

To: Perdogg

will this make prime 6.75 now

or 7?

this is now 125 basis points total cut by Bernacke or 150?

anybody?

I’m closing on an equipment loan Thursday....bout 450.

working on some bigger notes....this stuff really really matters to my debt servicing costs...hugh!


232 posted on 01/22/2008 9:12:42 AM PST by wardaddy (Political Correctness is to Western Culture what the Aids virus is to the cake community)
[ Post Reply | Private Reply | To 2 | View Replies]

To: JeffAtlanta

late 70s were the worst economic times in my 50 years


233 posted on 01/22/2008 9:14:46 AM PST by wardaddy (Political Correctness is to Western Culture what the Aids virus is to the cake community)
[ Post Reply | Private Reply | To 159 | View Replies]

To: Alberta's Child
"The cost of that thing...."

Even at a trillion $ it'll be a great deal. Or would you prefer Iraq's oil money and future were devoted to supporting global terrorism or a militaristic dictator? There aren't any other choices in that region -until now.

Yes, there are terrorists and Al Queada in Iraq, just as in most Arab nations but only in Iraq do they fight for their existence and are killed on a daily basis.

234 posted on 01/22/2008 9:15:49 AM PST by Justa (Politically Correct is morally wrong.)
[ Post Reply | Private Reply | To 182 | View Replies]

To: Victor
You seem to have some market savvy. My 401K is heavily into global stocks, about a 70-30 mix.

Should I re-balance at this time for more domestic stuff? Or just ride it out...?


I have a moderate allocation, which Schwab defines as 35% Large Cap Equity, 10% Small Cap Equity, 15% International, 35% Fixed Income, 5% Cash or Equivalent. (Sorry for the caps, but I copied it from their site). So far, the DOW has lost about 16% from its peak of ~14,300. My portfolio has lost ~5.5% from my peak. Of course, I'd like to have lost less, but since retirement is a decade or two out, I'll ride it out.

Now might be a good time to start buying in, slowly - using dollar cost averaging in case we fall even futher this year.
235 posted on 01/22/2008 9:19:11 AM PST by CottonBall (The mass of men lead lives of quiet desperation. (Henry David Thoreau, "Walden", 1854 ))
[ Post Reply | Private Reply | To 47 | View Replies]

To: wardaddy

....this stuff really really matters to my debt servicing costs...hugh!..

I’m guessing that was the plan.


236 posted on 01/22/2008 9:19:18 AM PST by bella1 (Living in Granholmistan)
[ Post Reply | Private Reply | To 232 | View Replies]

To: seacapn
What effect will this have on the value of the dollar?

Another deflated dollar pay cut for you and me, of course!
237 posted on 01/22/2008 9:20:17 AM PST by mysterio
[ Post Reply | Private Reply | To 8 | View Replies]

To: Cedar
Most “regular” Americans don’t play the stock market, but invest in safe CD’s

I would guess that the majority of households have at least one 401K account and that most of those with 401K accounts have some portion of their money in the stock market.
238 posted on 01/22/2008 9:22:02 AM PST by CottonBall (The mass of men lead lives of quiet desperation. (Henry David Thoreau, "Walden", 1854 ))
[ Post Reply | Private Reply | To 218 | View Replies]

To: gridlock
It's okay. It had to be done. This too:


239 posted on 01/22/2008 9:22:04 AM PST by Petronski ("Make all the promises you have to." --Slick Willard, 9 Jan 08)
[ Post Reply | Private Reply | To 82 | View Replies]

To: Justa

Actually, Saddam was killing Al-Queada terrorists as well - they wanted to overthrow him as well. Al-Queada’s Iraqi “base” was in the Kurdish area of Iraq.

Saddam = Sunni
Al-Queada = Shiite.


240 posted on 01/22/2008 9:35:43 AM PST by Philly Nomad
[ Post Reply | Private Reply | To 234 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-20 ... 201-220221-240241-260 ... 281-298 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson