Wednesday, October 31, 2007

FED SO WRONG: BUT WHY ARE THEY CUTTING?

NEARLY EVERYONE AGREES THAT THIS RATE CUT IS UNNECESSARY OR USELESS... OR EVEN HARMFUL TO THE DOLLAR AND OIL PRICES...

AND THE PUNDITS WILL BE ALL OVER THE FED... IF THINGS GO HAYWIRE AFTER THIS ILL-ADVISED CUT...

SO WHY ARE THEY CUTTING RATES...?