5 Reasons Why the Fed Is Done -- or Should Be »

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  engineer

  April 30, 2008, 4:52 p.m.

  The Federal Reserve's policymaking committee is about to give a new meaning to the term "bank holiday." After seven rounds of interest rate cuts starting last September, there are plenty of reasons for Chairman Ben Bernanke and the rest of the Federal Open Market Committee to take a long pause after today's cut of a quarter point, look at the effect of all the monetary stimulus it has flooded into the financial system, and ponder whether the central bank's next move should be an increase in rates that would mark the beginning of a tightening cycle.
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  TheRealizer

  April 30, 2008, 5:03 p.m.

  It has been suggested that the long term plan is devalue the dollar so badly that people will be happy to switch over to the Amero. This would be in conjunction with the erasure of both the North and South borders.. Think about it.....
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  raza9

  May 1, 2008, 12:01 p.m.

  I have thought about it and my conclusion is.... I'd rather be a Free American instead of a Global Citizen, that's why I'll be voting for real change

  RonPaul2008.com

  I don't agree with all of his policies, but I do agree with 98% and he's been completely honest about his positions.
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  simonsez

  May 1, 2008, 1:22 p.m.

  I understand your feelings, raz, but the truth is even if he won he could not make the changes he wants or supports.

  I would support him for the next opening on the Supreme Court.

  That is where he might make a real difference as a pure constitutionalist.
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  marshx

  May 1, 2008, 4:30 p.m.

  they could keep going until there's nothing to cut, then people just won't bother putting their money in savings accounts.

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