The Rate Cut Worked

Goldman Sachs is back above $100!!!

 

Yep, the house always wins. The Fed doesn't care about the people. Someone should run Bernanke Panke out on the first train out of town.

 

.. ?

 

He said it before it went below 100. He should have waited until the market closed.

 

We need another.

 

With GS back down at $90 I would say you're right -they simply must cut rates again.

At least the bailout saved their bonus pool. That's a huge weight off my mind...

http://www.dailymail.co.uk/news/wor...LLION-salary-bonus-package--6bn-bail-out.html

 

God bless America, sniff, the system works

 

Fed could cut again. There is no need to stop because we're in a deflationary economic situation. All the commodities keep falling.

Also, we're still in the new era of money printing, deficit spending, and consumerism which began with Reagan's huge tax cuts in 1982.

 

Need more rate cuts Benny Boy...