Wednesday, April 30, 2008

Talking Points Memo | Fed cuts key rate by a quarter-point

Talking Points Memo | Fed cuts key rate by a quarter-point

Another rate cut -- wow! that means we are going to be in deep sh*t years from now. Warren Buffet wasn't kidding when he forecast a long and deep "recession".

Two percent means things are worse than I imagined. And inflation is under reported. Something is fishy when the official report says 4% inflation when you and I see food and fuel prices taking more than ever.

How much more are we supposed to take befrore we say basta?

Enough! The last eight years weren't great -- and they were supposed to be.

I can't wait for a recession. to settle in.

On the other hand, why aren't we looking at changing the whole damn thing. Clearly the current economic syatem is not working for a lot of people.

Time of a change-- and movement to take us. What is going to really change if we don't get together after the election and insist on being heard?

Lots of work to do before we're dead.

Tim

No comments: