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Fed to buy massive amounts of short-term debt

The Federal Reserve moved swiftly to break through a credit clog that is imperiling the economy, saying Tuesday it would buy massive amounts of short-term debt and hinting that it may cut interest rates.

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People - Ben Bernanke
Politics - US Politics, US News
Business - Financial Markets
News - George Bush, 2008 Presidential Election

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Showing posts 1 - 20 of 20

DRCARP United States	Reply » \| Report Abuse \| Judge it! \| #1 Oct 7, 2008 Don't bother posting to this comment because the site manager never let the last post I wrote regarding the previous financial bailout appear in the forum. If the following are off-limits topics then what's the point: politicians of both parties destructive trade policies national debt level influence peddlers unemployment recipients government takeovers of the private sector socialism
Lou Holland, MI	Reply » \| Report Abuse \| Judge it! \| #2 Oct 7, 2008 If republicans weren't all economic terrorist we wouldn't have these kinds of problems.
Custom in CP Grand Rapids, MI	Reply » \| Report Abuse \| Judge it! \| #3 Oct 7, 2008 All I can say is help the people who are struggling who are trying to help themselves. Not the people who bought homes using subprime rates that they couldn't afford when the rates changed. Sounds to good to be true it usually is. Retirement funds are dropping like bombs. I lost $100,000. in 401K since the first of the year and my husband lost his job after 27yrs with the same company. Whos going to bail us out when the unemployment runs out/
uninformed citizen “This is a waste of my Time” Joined: Jun 18, 2008 Comments: 156 Grand Rapids ISP: Modesto, CA	Reply » \| Report Abuse \| Judge it! \| #4 Oct 8, 2008 I have about $25,000 of short term debt they can buy.... I don't have to buy it back, right? I knew this scheme would eventually work out...
Praying For Justice AOL	Reply » \| Report Abuse \| Judge it! \| #5 Oct 8, 2008 Read what Mike Adams has to say about the FEDS and the economic warfare against the american citizens. http://www.naturalnews.com/024427.html
Hurley35 “Just Here” Joined: Jan 24, 2008 Comments: 5094 Hudsonville ISP: Grand Rapids, MI	Reply » \| Report Abuse \| Judge it! \| #9 Oct 8, 2008 Ghost of Neko wrote: <quoted text> As someone who used my 401 k to pay medical bills... Boo HOO HOO. NOBODY HELPED ME! You should have voted for Ron Paul! I don't know who I am voting for yet... But it won't be John McCain! Michigan doesn't exist to him! Hoekstra and Levin are gone Nov 4 Stabenhowe stays.... because she just said "No" to the failed bailout of Wall Street! Ghost of Neko? I want the REAL Neko!
unimpressed Caledonia, MI	Reply » \| Report Abuse \| Judge it! \| #10 Oct 8, 2008 Ghost of Neko wrote: <quoted text> As someone who used my 401 k to pay medical bills... Boo HOO HOO. NOBODY HELPED ME! You should have voted for Ron Paul! I don't know who I am voting for yet... But it won't be John McCain! Michigan doesn't exist to him! Hoekstra and Levin are gone Nov 4 Stabenhowe stays.... because she just said "No" to the failed bailout of Wall Street! Please, check out Bob Barr. I could list the reasons why I think he's our answer, but I'd rather other people find out for themselves. Go in with a skeptical mind about him. I think once you've fully checked him out, you'll have a new perspective. Check him out, and I'd love to hear what you think... and not just Ghost of Neko, any and everyone. We all seem to have opinions on Obama & McCain, but no one bothers to take the time to check out ALL the options...
Hurley35 “Just Here” Joined: Jan 24, 2008 Comments: 5094 Hudsonville ISP: Grand Rapids, MI	Reply » \| Report Abuse \| Judge it! \| #11 Oct 8, 2008 unimpressed wrote: <quoted text> Please, check out Bob Barr. I could list the reasons why I think he's our answer, but I'd rather other people find out for themselves. Go in with a skeptical mind about him. I think once you've fully checked him out, you'll have a new perspective. Check him out, and I'd love to hear what you think... and not just Ghost of Neko, any and everyone. We all seem to have opinions on Obama & McCain, but no one bothers to take the time to check out ALL the options... I checked out Bob Barr earlier and while I think he would make a good third choice, I decided to go with Chuck Baldwin of the Constitution Party. He won't be for everyone I know, but between the man and the Party Platform that's where my vote went.

unimpressed Caledonia, MI	Reply » \| Report Abuse \| Judge it! \| #12 Oct 8, 2008 Hurley35 wrote: <quoted text>I checked out Bob Barr earlier and while I think he would make a good third choice, I decided to go with Chuck Baldwin of the Constitution Party. He won't be for everyone I know, but between the man and the Party Platform that's where my vote went. Good enough Hurley. I just wish more folks would take the time to truly educate themselves. Too many people rely on the biased news coverage or family input or one debate to make this very important decision. I looked at Chuck Baldwin, and I really liked a lot of what he stands for. I just like Bob Barr a little better. I'd be ok with Baldwin in office, I think. If Bob Barr weren't running, Baldwin would have my vote.
Batch 37 Pain Is Good Murphysboro, IL	Reply » \| Report Abuse \| Judge it! \| #13 Oct 8, 2008 Where is the team of Lawyers stampeding to court to fight this? This can't be Constitutional....
Hurley35 “Just Here” Joined: Jan 24, 2008 Comments: 5094 Hudsonville ISP: Grand Rapids, MI	Reply » \| Report Abuse \| Judge it! \| #14 Oct 8, 2008 Batch 37 Pain Is Good wrote: Where is the team of Lawyers stampeding to court to fight this? This can't be Constitutional.... Batch, What has this administration and the congresses during GB's rule done that HAS been Constitutional?
Hurley35 “Just Here” Joined: Jan 24, 2008 Comments: 5094 Hudsonville ISP: Grand Rapids, MI	Reply » \| Report Abuse \| Judge it! \| #15 Oct 8, 2008 unimpressed wrote: <quoted text> Good enough Hurley. I just wish more folks would take the time to truly educate themselves. Too many people rely on the biased news coverage or family input or one debate to make this very important decision. I looked at Chuck Baldwin, and I really liked a lot of what he stands for. I just like Bob Barr a little better. I'd be ok with Baldwin in office, I think. If Bob Barr weren't running, Baldwin would have my vote. I'd be fine with Barr in office as well, although I don't completely subscribe to the Libertarian platform. Either Barr or Baldwin would be better than the losers the two-parties are throwing at us!
Constitutional Mark Joined: Sep 26, 2008 Comments: 3167 Wyoming, MI	Reply » \| Report Abuse \| Judge it! \| #16 Oct 8, 2008 Did anybody expect anything different? Yeah, why bother with that piece of paper anymore, it's a living document that was killed.
Will United States	Reply » \| Report Abuse \| Judge it! \| #19 Oct 8, 2008 Unbelievably financial messy ... Keep sending US$ overseas to fund the wars while the average US citizens suffer from them. Those greedy companies should not be bailed out, their CEO's need to live in jails! Colonialism failed, imperialism failed, communism failed, socialism failed, capitalism failed, greedism failed, and now it is the time for GLOBALISM.
Give it a rest2 Joined: Jun 21, 2008 Comments: 170 Caledonia, MI	Reply » \| Report Abuse \| Judge it! \| #20 Oct 8, 2008 Ghost of Neko wrote: <quoted text> I KNOW the other options...LOL www.theadvocates.org/quiz.html I am still a fence sitter... Either Bob Barr or Chuck Baldwin. The need to come to West Michigan and have their own debate!(I suppose we could invite Ralph too) None of the Media darlings want to answer my economic questions... Like what to do with all the people who had their jobs replaced by machines. Not to mention WHY did the American Business OWNERS use their Bush Tax breaks to move those machines to China and India? If I was George Bush...I would be madder than heck... those TAX BREAKS were intended to create new jobs in the USA. The folks who got the Bush tax breaks let him down! IMO....it is time to put a 50 to 100 percennt DUTY on all imported manufactured goods from Asia until Asians have a MINIMUM WAGE equivalant to Americas. Can't have free trade until we have FAIR TRADE first! Oh yea.... ALL FORIEGN AID must come to an end....TODAY. Time to let our so called "friends" pay for their own cakes! Great quiz, thanks for the link! I would absolutely LOVE a debate with the other (and IMHO more qualified) candidates.
Hurley35 “Just Here” Joined: Jan 24, 2008 Comments: 5094 Hudsonville ISP: Grand Rapids, MI	Reply » \| Report Abuse \| Judge it! \| #21 Oct 8, 2008 Ghost of Neko wrote: <quoted text> Bravo...you picked the better of 2 goods! Better than voting for more evil! That's exactly why I will be voting 3rd party from now on. I got tired of voting the lesser of two evils presented to the American Voters by the broken two party system. This year I voted FOR something, not against someone.
Hurley35 “Just Here” Joined: Jan 24, 2008 Comments: 5094 Hudsonville ISP: Grand Rapids, MI	Reply » \| Report Abuse \| Judge it! \| #23 Oct 8, 2008 Judged: 1 just kill me wrote: <quoted text> exactly,neither of these two clowns are qualified to run a car wash,but the truely qualified people are outside of the good old boy network in washington and people are afraid they will "waste" their vote on a third party candidate...im going to write in neko!! Well, as I've been saying for some time now, the only "Wasted" vote in this election is one cast for either Obama or McCain.
Buckboy	Reply » \| Report Abuse \| Judge it! \| #24 Oct 8, 2008 I go between Chuck Baldwin & Bob Barr as well. Both party platforms are similar. Of the two candidates Bob Barr would probably have more mass appeal due to his "experience".(I am getting to the point as I'm sure many of you are, that "experience" may actually be a bad thing.) Personally, I'll probably go with Baldwin due to the Constitution Party's monetary policy. Although the Libertarian monetary policy is similar it does not have the insistence on the gold standard which I like.
Buckboy	Reply » \| Report Abuse \| Judge it! \| #25 Oct 8, 2008 Hurley35 wrote: <quoted text>Well, as I've been saying for some time now, the only "Wasted" vote in this election is one cast for either Obama or McCain. Very,very true.
DRCARP	Reply » \| Report Abuse \| Judge it! \| #26 Oct 8, 2008 just kill me wrote: yea! whens my check showing up,i need a pedicure!! Right after the taxpayers finish paying for the luxury spa treatment and accomodations for the AIG executives that cost 400,000 of the 85,000,000,000 we gave them in their first installment.

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Fed to buy massive amounts of short-term debt

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