Fed stays aggressive, cuts rates a half-point

Filed in National by on January 30, 2008

If you are keeping score that is 125 basis points in 8 days….

the economy is fine, Show the terrorist they can’t defeat us!  Go buy a new car! wooohoooooo

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hiding in the open

Comments (9)

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  1. jason330 says:

    Can I refi my house and get a 2% ARM that goes to 15% after 18 months instead?

    My car is still running okay.

  2. anon says:

    Methinks the Fed is holding up the roof for a little while to let the smart investors get out.

  3. donviti says:

    we are giving you $500 not to think anon…now shut up and defeat the terrorists!

  4. Brian says:

    Did anybody look at the value of the dollar after the announcement? Someone please tell me how it is doing….in relation to the peso…

  5. Brian says:

    Now I understand- after the Fed jockey’s finish slathering Wall street with green ink, they will need to get their passports ready within in the next four or five months, to ensure that the American economic collaspe goes smoothly. Wonderful.

  6. Brian says:

    http://finance.yahoo.com/currency/convert?from=USD&to=CNY&amt=1&t=5y

    Make sure you take a look at the chart at the bottom.

  7. Brian says:

    I can’t wait until we are 1 to 1 with the rupee. This is wonderful news! Thanks guys.

  8. Brian says:

    http://finance.yahoo.com/currency/convert?from=USD&to=KWD&amt=1&t=5y

    This is even better- 1 dollar = .27 in Kuwati money. At least someone benefited from the Gulf War.