who killed the economy?!?!

[Rich B 5,000+ posts]

 

[kovemaster559 5,000+ posts]

does it really matter, i think its more important to find out who will save it

x2(blame imigrants) bush for no sence of buisness .and all gore for finding out about global warming! thats the reason gas went up belive it or not

 

[Flipx99 5,000+ posts]

Partly correct Tiger - when/how/who did this all begin....
Let's see; it all began when Alan Greenspan and Company lowered the federal interest rate;

The Fed does not lower any rate. They lower a target.

 

****, you are stupid.

 

[richierich75 10+ year member]

The American Republic will endure until the day Congress discovers that it can bribe the public with the public's money.

Alexis de Tocqueville

Maybe another rebate check will be coming, cause obviously the first one didn't do sh!t!!!

 

[Buck 5,000+ posts]

x2(blame imigrants) bush for no sence of buisness .and all gore for finding out about global warming! thats the reason gas went up belive it or not

its an inconvenient truth

 

[richierich75 10+ year member]

The Fed does not lower any rate. They lower a target. 

****, you are stupid.

They lowerd the Federal Interest Rate did they not?

 

[Flipx99 5,000+ posts]

The American Republic will endure until the day Congress discovers that it can bribe the public with the public's money.Alexis de Tocqueville

Maybe another rebate check will be coming, cause obviously the first one didn't do sh!t!!!

Ha!

 

[bumpin buick 5,000+ posts]

Its going to get a little worse before it getts better. The oil bubble is going to burst within the next 3 months. I wouldnt be surprised it it was under $100 a barrel by Christmas. It cant be blamed on any one thing. Its oil, housing and real estate problems, consumer confidence is down and unemployment is up.Current market system is based on greed and fear.

What world are you living in. There is no oil bubble, oil was raised for a reason it was under valued. Bubbles occur when things are extremely over valued. Maybe you should check out a economics class or two

 

[Flipx99 5,000+ posts]

They lowerd the Federal Interest Rate did they not?

No, they lower the target for the federal funds rate.

 

[bumpin buick 5,000+ posts]

x2(blame imigrants) bush for no sence of buisness .and all gore for finding out about global warming! thats the reason gas went up belive it or not

you sir are retarded, I was saying dont blame anyone and try and solve it and your response was "x2" (as if you were agreeing with me) then you went on to blame more people

 

[richierich75 10+ year member]

No, they lower the target for the federal funds rate.

So, when they say Fed's cut the rate to 2.5% that is just a target they hope to get to?

 

[Flipx99 5,000+ posts]

What world are you living in. There is no oil bubble, oil was raised for a reason it was under valued. Bubbles occur when things are extremely over valued. Maybe you should check out a economics class or two

Actually...bubbles are created with excess supply...which is kinda what you are saying. If there is an excess supply of oil that we don't know about...and it becomes available, then there would certainly be a situtation that would create a bubble.

If there is not excess supply, there can be no bubble.

 

[Flipx99 5,000+ posts]

So, when they say Fed's cut the rate to 2.5% that is just a target they hope to get to?

Yes. They do this by buying or selling bonds, known as open market operations.

 

[bumpin buick 5,000+ posts]

maybe our contry is failing because we have people like kovemaster. People who make idiotic statements before they use common sense.

I think Kovemaster is a great representation of our current goverment.

 

[KINGDELL91 10+ year member]

bush