US cuts interest rates to lowest level - 17 Dec 08

The US central bank, the Federal Reserve, has cut interest rates to their lowest level to try to turn around the ailing economy but knock-on effects persist

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News & Politics

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• AlJazeera
• Al
• Jazeera
• john
• terrett
• interest
• rates
• economy
• new
• york
• borrowing

[sugarpuddin88]

The FED, acting as bartender, gives out free booze to the bankers

The banks in turn have created many fake instruments like derivatives

One quadrillion dollars is the sum of outstanding fake derivatives (fake money pledged by the wealthy banks to buy real things) 1,000,000,000,000,000 on the market, (e.g. a bank with only one real dollar can legally say it owns several billions of real dollars) The total combined assets of the world is only actually a very small fraction of that sum!

[ratonnewmex]

excellent comment for the croney white racketeering TRASH that is runnin' this country

[TheKerryzzz]

people, if you have any i bonds /government savings bonds you should check them. i recently checked mine to find out that they are currently earning 0%. 12-05-09

[TYX91101]

Let us know when you bail out of both.

[khallaghi]

Neoliberalism at the basis of the financial crisis

25/09/2008 - An analysis of the global financial crisis by Jacques Sapir, Research Director at the School for Advanced Studies in the Social Sciences, argues that the neoliberal economic model promoted by the United States is at the basis of the current crisis.

[sugarpuddin88]

To the contrary: This is the best time in history to live & profit!

By having more than one citizenship you can live the life of a true sovereign!

You don't even have to move from US Soil!

I myself spend time in the USA & time in my new country of citizenship

However, I have unloaded all my US dollars for foreign currency (which you can do over the internet); & invested in AG commodity futures

[csmith6594]

How would leaving when the "shit" hits the fan help me? I you worried that some non-military contractor corporations is going to kick in your door and haul you and your family off in the middle of the night? Give me a break and stop reading Soldier of Fortune magazines and going to "End of the World" meetings. This country of ours is only going down the tubes because countless of people allowed it to. Apathy towards ones land is a bitch ain't it.

[sugarpuddin88]

Gimme a break!

We are at the non-sustainability point of Democracy!

The Empire devoured the State & Now NORTHCOMs homeland defense force trains on US soil to combat civil unrest in the States

America is entirely bankrupt!

Help yourself - Get another citizenship & move your currency out of the US dollar!

America lost all call to the claim of a democratic republic around 1897 to 1913

[Warnomore50]

If they ever start handing out cash prizes for that I will get a 1 terabyte per second internet connection and hit refresh on their page until new videos come up and I will always be first then you pieces of shit! Yay me look at me! I was first!

[csmith6594]

Only if Americans allow it.

[teemuruskeepaa]

This is Bush's plan. Next we will see the uprising of an authoritarian regime in America.

[jakob0815]

what goes around finally comes around...^^