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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?


To: KyrosL who wrote (190216)6/2/2012 8:47:02 AM
From: Steve Lokness  Respond to of 542087
 
<<<<<but the Fed's hands are tied, because of politics.>>>>>>

Yes politics, but the feds ammunition is getting dangerously low. Yesterday there was mention of paying the banks to keep your money - negative interest rates. At that point lowering interest rates is no longer effective. The fed will become increasingly less likely to act because they are going to need what few bits of ammunition they have left in case of a real emergency.



To: KyrosL who wrote (190216)7/1/2012 4:53:37 PM
From: KyrosL  Read Replies (2) | Respond to of 542087
 
Intrade -- After a dip for Obama, the odds are back where they were a month ago.

Obama 55.6 Romney 41.5