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Policy experts say more must be done to stimulate US economy
St Louis News.Net
Monday 6th October, 2008
The Federal Reserve and US Treasury have been asked to take further measures to stimulate the ailing credit markets.
Policymakers have been asked to consider additional liquidity operations and an emergency rate cut.
Some experts think the Fed should take the radical step of offering term loans on an unsecured basis to regulated banks at a fixed spread to cap the interbank rate, which just keeps rising.
Mounting expectations of another intervention to shore up the credit markets has highlighted the possible inadequacy of the $700bn bailout package.
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` ~galljdaj+
10-06-08, 08:14 AM |
Policy experts say more must be done to stimulate US economy
Stipminning and Percentage Taking are the Problems Causing THE DEPRESSION.
Wall Street’s Ecopnomic 'Bible' has foistered the 'bottom line economics' into the Lending of Growth Monies. Our first major failure exploded in what not even the tip of the iceberg, merely the first crack, is Enron. However, the 'strategy' came from Wall Street’s Andersons'.
The US Model of Selfish Capitalism based on Republican Unregulation, has only one possible outcome Failure! Proof comes in the History of the Bush Administered oversight of the Criminal Activity on Wall Street. Violations of Our Laws and National Interests(the Bailout) have been met with only fines that were less than 10% of the Profits Stolen! LESS THAN 10% OF THE PROFIT STOLEN!!!
What does the Economic Bible say about this Strategy? Do it more often 90 % is far better than Credit Card loans! Far Better than Working! Find the angle! Do it!
And When we get Caught! Get our Paid Elected Officials to BAILOUT the problem with Taxpayers' Monies!
Why in the world would Honest Folks ever Trust their life’s future to these bottomliners? Well many people trusted their priests lawmakers friends and became messianics that like fairytales. Unfortunately, economic 'bent' storytellers have used the opportunity to become Our Leaders of Our GoVernments and Our Business!
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concernedamerican
10-06-08, 03:43 PM |
Where is the bailout going?
I am a little concerned that we think fattening the pockets of a few multi nationals is going to influnece the economy. I understand the CNN stance that more liquidity will result in more credit but:
A:) I dont buy it.
B:) Americans are so debt ridden that banks are not going to lend to them.
C:) The banks arent going to loan money like they did (I hope not)
D:)All we did was put money in the pockets of execs.......WTF has happened to America.
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kawahchan
10-06-08, 11:38 AM |
Supposed Mr. "Zero" could turn to be dirt cheap mud ...
McCAIN-PALIN ticket advises at the present time since the $700 bn rescue/bailout bill passed by US Congress & Senate, American taxpayers and Republicans should wait and see how things work out; not to let Bush-Henry Paulson to take more further radical steps will cost taxpayers' “future money” which is not exist yet. Beside if McCAIN-PALIN is elected as 2008 US President, this Harvard’s MBA Henry Paulson will be fired, WON’T be in McCAIN-PALIN’s cabinet any way. Too much dark clouds and grievance over American people’s head now before Nov. 4th; once American people calm down and realize Mr. “Zero” is a fake, “his” people could turn to be very dirt cheap mud .... It’s your own fate, you live what you believe in.
***** ***** *****
2008 McCAIN-PALIN cabinet will appoint ...
1) Dr. Alan Greenspan to serve as US Secretary of Treasury.
2) a Conservative Mr. Jack Kemp to serve as US Secretary of Commerce.
3) a Conservative Mr. Dan Quayle to serve as US Secretary of State.
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