http://community.marketwatch.com/
In the article it mentions the Fed trying to come up with new ideas to spur the economy instead of rate cuts. With rate cuts down to, I believe 1%, it seems rather unnecessary to lower it anymore. We have been cutting rates for a year now and obviously it is not working as planned. We need new ideas and economic theories on how to deal with recessions and repairing the damage they cause.
Tuesday, December 2, 2008
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