US cuts interest rates after global market drop - 22 Jan 08
April 22nd, 2009 | by James |AlJazeeraEnglish
The US treasury may have halted a global market dive some feared would cost billions of dollars. An interest rate cut as dramatic as 0.75% could make it easier for Americans to manage their mortgages and debt. But some business leaders say this action is too little, too late.
25 Responses to “US cuts interest rates after global market drop - 22 Jan 08”
By sfa3232 on Apr 24, 2009 | Reply
While looking for sites about interest rate I found your site on US cuts interest rates after global market drop - 22 Jan 08.
By takuwan199 on Apr 25, 2009 | Reply
There is a problem. If you have studied Economics, you would already know that banks DO issue currency electronically through deposits and the money multiplier effect. Banks have control on the money supply
By blazinbrian20 on Apr 27, 2009 | Reply
AMEN BROTHER! RON PAUL 4 PREZ!
Funny, people used to think Columbus was crazy for saying world was round. Who found our country again?
By ares213 on Apr 27, 2009 | Reply
No, they’re not the same.
By xiola6969 on Apr 28, 2009 | Reply
bythewayof10
I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] will deprive the people of all property until their children wake-u
By xiola6969 on Apr 30, 2009 | Reply
homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs.
Thomas Jefferson
Every time the central bank loans money we don’t have backed in gold they doing exactly what our founding father warned us not to let them do and its outcome is becoming more reality today.
V.
By jklasdfjdfksl on May 2, 2009 | Reply
its a totalitarian economy where people are accountable to their economic masters, who dictate quality of life with concentrations of capital. in this economy, economic growth means nothing more than higher returns for high capital. living standards have been decreasing in the US, while the euphoric “economic growth” was happening under bush; now we get to see that even this “growth” was nothing but fraud to service high capital.
By jklasdfjdfksl on May 4, 2009 | Reply
taxpayer money is the only thing holding this rotten market afloat, and thats not even doing too good of a job. once again the big investors (hedge funds, investment banks) get to run rampant in the market with no SEC oversight and the taxpayer picks up the burden when they bail out of the disaster they have arranged.
By bpotp on May 7, 2009 | Reply
time to pay the piper. i guess with the money the govt. is going to send us. we’re down to desperation tactics now. too bad the people that didn’t vote us into this mess have to suffer along with the idiots that did.
By bythewayof10 on May 8, 2009 | Reply
Obviously recession will return, in stronger force (as it always does, each time) if we don’t make some serious changes in the way we stimulate our economy. Obviously investing in the numbers isn’t working, and treating workers like shit and paying them crap isn’t working either. Because then they need loans and credit and get in debt, and it all goes down.
By uhaegde on May 11, 2009 | Reply
This is all by design. The events that have transpired were by design. If this was the 1980’s the RATES WOULD GO UP!!!
By uhaegde on May 13, 2009 | Reply
Bedlam, Armageddon. It is all coming. The new Dark Ages will be here shortly…
By uhaegde on May 15, 2009 | Reply
its called sarcasm
By Rudenewt on May 18, 2009 | Reply
His name was Robert Paulson…
His name was Robert Paulson…
With every tick of the clock you can see the pressure building, the system collapsing and the dawning realization spreading. Won’t be long now, no not long at all.
By marine76er on May 19, 2009 | Reply
a nice little peace of massmedia try of insult.there has been some losses at europen stock markets,BUT there where not even signs of panic like the speaker of this show said.
By beachbumde on May 19, 2009 | Reply
Newsflash Daritto:
George Bush IS a dictator and has changed the constitution to suit his agenda. The checks and balances that you speak of are history.
By beachbumde on May 21, 2009 | Reply
Daritto: What you fail to understand is that George Bush is funding his private war in Iraq through loans with China, at this point they are holding close to 300 billion dollars in US Treasury bonds.
Yes, with George Bush, anything’s possible!
By nickvanzetti on May 22, 2009 | Reply
the Fed,Capitalism,its all the same.
By ALJazeeraUSACable on May 24, 2009 | Reply
ok, you are my friend
By wiskawind on May 27, 2009 | Reply
(AL) Not again! LOL I have forgiven you your misogyny, and refuse to get angry with you again. (smile)
By ALJazeeraUSACable on May 30, 2009 | Reply
we were misleaded for decades so atleast this vote carefully and choose MR Right but not MRS Right
By Daritto7117 on May 31, 2009 | Reply
that wouldn’t help.that would probably pull the market into a full reseccion..and he’s not a dictator…we have checks and balences in america and we have to abide my that…even if in your eyes you think he has more power…he really doesn’t
By Daritto7117 on Jun 2, 2009 | Reply
that would be the wrong move..puting even more power in China..America’s not ever going to do that…just not possible.
By Daritto7117 on Jun 4, 2009 | Reply
Not literally…nothings really changed in THE USA…other countries such as Turkey or Venuzuela will feel the pinch caused by our slightly negative economic outlook for the next few months
By wiskawind on Jun 6, 2009 | Reply
There are a lot of Americans that stopped spending 3-4 years back, because of George W. Bush; why support an economy, which supports a lawless dictator? The economy is feeling the effect of this patriotic trend now; these Americans are the backbone of our economy. They understand the difference between a need and a want; they buy only what they need. They do not shop on command like mindless sheeple do on Black Friday; impeach Bush/Cheney and the economy will boom again. (smile)