Replies to post #20524 on The Friendly Money Making Board

[SPENDABUCK]

Now talkig about a 50 basis point rate cut saying the 25 point cut only gets us even and that the 50 point cut is needed now to head off future economic slowdown or recession.
I think we have enough liquidity in the markets, its the credit that is not being extended that is causing the problems. We have gone from on eextreme to the other



Some people spend an entire lifetime wondering if they made a difference. The Marines don't have that problem.
Ronald Reagan
40th president of US (1911 - 2004)