Fed stays aggressive, cuts rates a half-point

1. jason330

   January 30, 2008, 3:01 pm

   Can I refi my house and get a 2% ARM that goes to 15% after 18 months instead?

   My car is still running okay.

2. anon

   January 30, 2008, 3:07 pm

   Methinks the Fed is holding up the roof for a little while to let the smart investors get out.

3. donviti

   January 30, 2008, 3:13 pm

   we are giving you $500 not to think anon…now shut up and defeat the terrorists!

4. Brian

   January 30, 2008, 3:21 pm

   Did anybody look at the value of the dollar after the announcement? Someone please tell me how it is doing….in relation to the peso…

5. Brian

   January 30, 2008, 3:35 pm

   Now I understand- after the Fed jockey’s finish slathering Wall street with green ink, they will need to get their passports ready within in the next four or five months, to ensure that the American economic collaspe goes smoothly. Wonderful.

6. anon

   January 30, 2008, 3:38 pm

   http://finance.yahoo.com/currency/convert?from=USD&to=MXN&amt=1&t=1d

7. Brian

   January 30, 2008, 3:42 pm

   http://finance.yahoo.com/currency/convert?from=USD&to=CNY&amt=1&t=5y

   Make sure you take a look at the chart at the bottom.

8. Brian

   January 30, 2008, 3:49 pm

   I can’t wait until we are 1 to 1 with the rupee. This is wonderful news! Thanks guys.

9. Brian

   January 30, 2008, 6:18 pm

   http://finance.yahoo.com/currency/convert?from=USD&to=KWD&amt=1&t=5y

   This is even better- 1 dollar = .27 in Kuwati money. At least someone benefited from the Gulf War.

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