And, yes, I DO take it personally: The Fed is insane

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And, yes, I DO take it personally

Thursday, May 01, 2008

The Fed is insane

it's all about making sure the super-rich and powerful stay that way... they're the ones that need to be protected... for the rest of us, it's the "on-your-own society" as per usual...

Fed Cuts Rate by a Quarter Point, to 2%

The Federal Reserve's policy-setting Open Market Committee
lowered the benchmark Federal Funds target rate by
one-quarter point, to 2.0 percent. The Fed gave no indication
that its thinking about the economy had changed or that it
planned to stop cutting rates now.

poor...? hungry...? deeply in debt...? tough shit... if you'd just worked harder and kissed a LOT more ass, you could be one of the super-rich welfare elite too...

Labels: economic collapse, economy, elites, Fed interest rate, Federal Reserve System, super-rich