the last time we had a significant economic downturn, they lowered the interest rate to amongst the lowest levels ever, that was the only action they took besides pumping billions of your tax dollars (newly printed i might add) into the banking system....
they essentially printed the money that was used to fuel the sub prime mortgage mess, the phony paper that created this mess to begin with, that cocksucker greenspan, along with some deregulatory help from our corrupt government, as well as the ponzi scheme that is wall street, all added up to be what president bush described as PROSPERITY in america, that fucking cocksucker!!!
so now, this mess has been created and what's the FED's response?
they pumped billions into the banking system and into wall street, and lowered the rates to even lower than they did before, an all time low i might add!!!
how do they think that printing more money and devaluing the american dollar is going to solve this mess? it didnt the last time....
why are they doing they same fucking thing again?? the people that benifit the MOST from the lowered rates are still the rich and wall street......what the fuck about the rest of us???
our future is fucked, those of you that voted for bush i hope you are fucking happy...
and as for those of you that voted for BUSH and are now unemployed and/or in forclosure.......i couldn't be happier for you!!! you got what you deserved!!!
nah mean????
word!!!
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