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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Road Walker who wrote (350669)9/15/2007 7:32:16 PM
From: bentway  Read Replies (1) | Respond to of 1578969
 
"Is Ben bad because he hasn't plummeted Bush?"

Yes! If the government is pursuing a fiscally irresponsible, unsustainable course, the Fed should speak up in no uncertain terms and continue at the cost of their job. That's why the Fed is supposedly INDEPENDENT of the executive.



To: Road Walker who wrote (350669)9/21/2007 3:54:49 PM
From: tejek  Respond to of 1578969
 
Is Ben bad because he hasn't plummeted Bush?

I agree with Chris. The FOMC's 50 basis cut was purely political.....to keep the US out of recession next year for the elections. The cut so shocked the non equity markets, they are still trying to recover.


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