'All Available Tools': What the Fed's Moves Really Mean

IF YOU CAN TURN THE ECONOMY BETTER IT IS OKAY BUT YOU MADE A MESS FOR SO LONG......EVEN IF YOU DO.... IT'S TOO LATE YOU WILL BE RE-PLACE ANYHOW WHO IS MUCH MORE BETTER THAN YOU.........YES THE ECONOMY WILL TURN BETTER NOT IN YOUT TIME PROBABLY WHEN YOU BEEN FIRED NEXT JANUARY 2009.....BYE.....WHAT IS THEN YOUR NEW YEAR RESOLUTION BEFORE YOU LEFT.....ADIOS AMIGO LOCO........

Whahoo... inject money so that nobody can tell how healthy and competitive any business really is. Welcome to Disneyland. In the magic kingdom you can just invest anything and it will seem like all is magical. Until you wake up that is.

Whahoo... inject money so that nobody can tell how healthy and competitive any business really is. Welcome to Disneyland. In the magic kingdom you can just invest anything and it will seem like all is magical. Until you wake up that is.

Maybe instead of encouraging consumer debt during this time, we should let the market correct itself to a point where people can survive on their incomes. Could we become an income-spending society instead of a debt-incurring society? Would it be worth it - or in the long run would we all be dead?

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Maybe instead of encouraging consumer debt spending, we should let the market correct itself to a point where people can survive on their incomes. Could we become an income-spending society instead of a debt-incurring society? Would it be worth it to switch the trend - or in the long run would we all be dead?

pardon me, but I take issue with the last paragraph. If money is free, I will feel compelled to borrow it.

Damned if they do and damned if they don't...

The Fed is a private cartel whose sole purpose is to enrich the participants on WS. Congress needs to wrest control back from this organization. Stop spending tax payer money and charging interest on it. Let the markets correct themselves. The Fed is out to reward the greedy and irresponsible.

To quote SNL, "Fix it!" Those D.C. guys are smarter than me so just FIX IT !

Crank up the printing presses. What it really means is that the FED can't get the banks to loosen their grip on the 700 billion dollars that thay stole from the American tax payer. The banks did exactly what those who argued against the bail out said they would, held on to the money and won't at least give the American public a reach arround.

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Can anybody say "Weimar Republic".

so does this mean the FED will let the markets correct themselves? No more bailouts !!! Now the auto parts makers are looking for a bailout. When does this end?

The real issue at hand is that the Banks are not participating! They are hoarding the money. The quickest way to get out of this recession is to mandate the banks to charge no more than 2% above what they receive the funds for. This would allow people to refinance at a lower rate and thus have more disposable income to spend. The second thing is to set a limit on what credit card companies can charge. If in the private sector anything above 10% is considered usery, then why is 25% plus in the buisness sector allowed. Simple fact is that GREED is why we are in this mess. We need to get back to basic principles as to what is fair and just.

Printing money won't "Fix It". Which is the only tool they have left. The market will "Fix" itself if left alone. If the market is "Fixed" any other way it is a "Fixed" (manipulated) market. Not for me. I'm staying out.

Instead of printing money, the Fed should print leaflets telling us how to put our heads between our legs and kiss our asses goodbye.

Congress won't stop the private Cartel because they are in bed with them! We no longer have "government of the people, by the people and for the people" and haven't had this for some time. In my community the response to the high rate of crime by the local Democrat controlled commission was to create another govn. position instead of doing the obvious which was to fund the DA's office. Corruption and waste are everywhere and sooner or later the USA will implode!

The money business in this country has never been truthful upfront. Who is the true beneficiary when the banking system supports refinancing? The answer is the banks. All they are doing is allowing the consumer to keep something they can't afford. So in the end the banks don't have to write down the value of another property which effects their bottom line. The fractional reserve banking system in this country is just another form of a leveraged investment and as we know, and have recently seen, a leveraged investment will cut both ways. This country will never be financially well until the economy is allowed to revalue itself without government interference. It will be very painful experience but a free market adjustment will be much quicker than the prolonging policies that are being put in place and the egregious sins of our leaders will come to light so that the citizens will know what to fight in the future. I have come to understand one thing about the government - when the citizens fail to control the government the government will control the citizens.

The money business in this country has never been truthful upfront. Who is the true beneficiary when the banking system supports refinancing? The answer is the banks. All they are doing is allowing the consumer to keep something they can't afford. So in the end the banks don't have to write down the value of another property which effects their bottom line. The fractional reserve banking system in this country is just another form of a leveraged investment and as we know, and have recently seen, a leveraged investment will cut both ways. This country will never be financially well until the economy is allowed to revalue itself without government interference. It will be very painful experience but a free market adjustment will be much quicker than the prolonging policies that are being put in place and the egregious sins of our leaders will come to light so that the citizens will know what to fight in the future. I have come to understand one thing about the government - when the citizens fail to control the government the government will control the citizens.