You know the really crazy thing behind all of these rate cuts and the fed for that matter is nobody really knows their true thought process (the fed that is) Bernanke will make all of these cuts and people call him an idiot but the government will never give you the inside scoop of how bad it really is. They will never tell you the truth. Nobody expect the U.S. Government really knows how bad the credit/mortgage/banking situation is and they will never give you the whole truth until the s**t truly hits the fan! Wouldn't it be great if the U.S. government couldn't lie to us.... http://www.commoditiesvue.com
And I imagine that will be some time after the Bush Administration's expiry date, when they stop torturing the truth. (Of course, some people keep mistaking George and Dick for two people who give a shit.)