The Fed Rate Cut Was A Dud!
Federal Debt Relief System is at the forefront in the battle to restore the America’s Constitution and liberty by arming millions with the sobering information and vital education designed to restore America’s freedom which today is sadly and urgently under attack and duress from all sides
While all eyes were focused today on the Fed’s rate cut, the big news was the Federal Reserve conspiracy’s latest effort to save world. And by “save the world” I mean destabilize and lay economic waste to.
Just when you thought the insanity couldn’t get crazier, the Fed announced it’s now going to funnel a massive $120 billion of U.S. funds into Brazil, South Korea, Singapore, and Mexico.
And that’s on top of the IMF bailouts already committed to the Ukraine ($16.5 billion), Iceland ($2.1 billion), and Hungary ($25.5 billion)!
In response, some folks are cheering with glee, blindly believing that Mr. Bernanke can play Santa Claus, the Pied Piper and the Fairy Godmother all in one act.
But anyone with any experience with the real world is quickly coming to the realization that Mr. Bernanke is desperate — resorting to the most radical measures of all time. Playing his last cards — realizing that if these last-ditch rescues don’t work, it’s game over.
Taking huge risks — that his rescue-the-whole-world schemes will backfire in the form of falling confidence from the markets exposure of U.S. government ineptitude becomes obvious to the entire country?
After all the hope and prayer implied the recent stock-market surge, the market literally saw a ghost: Just in the final 12 minutes of trading — from today’s post-rate-cut high to the closing bell — the Dow nosedived by an alarming 372 points!
Not exactly a polite “thank you” note to Mr. Bernanke for his half-point rate cut!
Mr. Bernanke cannot drop interest rates below zero! He cannot force banks to lend money! He can’t compel consumers to borrow, or make people spend. Nor can he turn back the clock to undo decades of financial sins … or repeal the law of gravity and stop investors from selling.
Federal Debt Relief System believes it’s important that people know the truth so that they can make up their own minds.
Also See: Credit Revolt, financial disaster
