Enjoy the free Classified Ads! 24HourForums.com Home Thank you for supporting us. Click to enter Posts Of The Day.
Recent Posts Search by username
Search Contact Us Login Register
When logged in, click this to open up the Jumper for easier navigation. Click for details on our forum system in the Forum Center.
Click to be shown the (Top 10 and Management) forums listed in the top section of the site. Click to be shown the (Supported) forums listed in the middle section of the site. Click to be shown the (UnSupported) forums listed in the bottom section of the site. Click to learn about, or pay for, forum Sponsorships. Click for the Official Forum Voting Poll. VOTE! Click for info on owning a forum here at 24.

24HourForums.com > Supported Forums > 24's Money Business > Wow on the rate cuts

Share this topic...
Digg!  - Digg   Slashdot  - SlashDot    - del.icio.us    - Reddit    - StumbleUpon   - Facebook

 Moderated by: 24HourNut

New Topic
Reply
Print
AuthorPost
24HourNut
Administrator

Body pillows rock!
Joined: 
Location: Long Island
Posts: 5165
MyResume: 
MyJob: Forumite Torture
MyForum: Say Hello
MyLove: A quiet, empty house (never happens)
MyWish: To obtain very cool mutant powers
MyFile: [Download]
MyIntro: [Download]
MySex: Male heterosexual
Status:  Offline
MyPOTD: 
Return to topBottom of page
 Posted: 08:30 pm

Quote
Reply
PM
Alert
voters: 0      
.75 now .50, that's a 1.25% cut in a week, with more to come, possibly.

 




The best human beings start good new topics and vote on the better posts.

Ads appear if not logged in.

bg
Original500© Member


Joined: 
Location: USA
Posts: 837
MyResume: 
MyJob: 
MyForum: 
MyLove: 
MyWish: 
MyFile: 
MyIntro: 
MySex: Male
Status:  Offline
MyPOTD: 
Return to topBottom of page
 Posted: 08:32 pm

Quote
Reply
PM
Alert
voters: 0      
this isnt good. this will further exascerbate a downward slide for the dollar. recession isn't coming; it's here.
Saint
Forum-Blogger©
Pioneer100© Member

Polymath
Joined: 
Location: The Rocky Mountains, New Mexico USA
Posts: 3086
MyResume: 
MyJob: Math Department Head
MyForum: Saint's Printing Press
MyLove: Vickie Lynn and swimming
MyWish: I finally got an XBOX360!! Yeah!!
MyFile: [Download]
MyIntro: [Download]
MySex: 
Status:  Offline
MyPOTD: 
Return to topBottom of page
 Posted: 08:37 pm

Quote
Reply
PM
Alert
voters: 0      
APPLES!  I got fresh apples here! Just two bits apiece!





A^2 + B^2 = C^2
24HourNut
Administrator

Body pillows rock!
Joined: 
Location: Long Island
Posts: 5165
MyResume: 
MyJob: Forumite Torture
MyForum: Say Hello
MyLove: A quiet, empty house (never happens)
MyWish: To obtain very cool mutant powers
MyFile: [Download]
MyIntro: [Download]
MySex: Male heterosexual
Status:  Offline
MyPOTD: 
Return to topBottom of page
 Posted: 08:39 pm

Quote
Reply
PM
Alert
voters: 0      
I don't know how it will turn out of course, but the rate cuts (especially if there are significant ones still coming) could also be a positive force, stimulating the economy by doing things such as:

- lower the overhead for people with a meaningful refinance opportunity, or if they have variable rate-based payments
- encourage businesses to make investments and hire people
- make homes more affordable

I know there are other reasons it can be stimulative, but I'm too lazy to remember or look it up.  :)




The best human beings start good new topics and vote on the better posts.
24HourNut
Administrator

Body pillows rock!
Joined: 
Location: Long Island
Posts: 5165
MyResume: 
MyJob: Forumite Torture
MyForum: Say Hello
MyLove: A quiet, empty house (never happens)
MyWish: To obtain very cool mutant powers
MyFile: [Download]
MyIntro: [Download]
MySex: Male heterosexual
Status:  Offline
MyPOTD: 
Return to topBottom of page
 Posted: 08:40 pm

Quote
Reply
PM
Alert
voters: 0      
Great pic, Saint. :)




The best human beings start good new topics and vote on the better posts.
bg
Original500© Member


Joined: 
Location: USA
Posts: 837
MyResume: 
MyJob: 
MyForum: 
MyLove: 
MyWish: 
MyFile: 
MyIntro: 
MySex: Male
Status:  Offline
MyPOTD: 
Return to topBottom of page
 Posted: 08:46 pm

Quote
Reply
PM
Alert
voters: 0      
24HourNut wrote: I don't know how it will turn out of course, but the rate cuts (especially if there are significant ones still coming) could also be a positive force, stimulating the economy by doing things such as:

- lower the overhead for people with a meaningful refinance opportunity, or if they have variable rate-based payments
- encourage businesses to make investments and hire people
- make homes more affordable

I know there are other reasons it can be stimulative, but I'm too lazy to remember or look it up.  :)

24- think of it in terms of your own home and budget. would you take your credit cards and live off of them for a while and then worry about getting a job to pay them off later? no......not only would you have to pay back what u borrowed, you would also have to pay back the interest on the money that u borrowed. the rates cuts are bigger than what the shills in the media are telling us. its a chess game, and im not saying checkmate for america, but this isnt good. somehow we'll get out of this. how? i dont know

Last edited on 08:46 pm by bg
Saint
Forum-Blogger©
Pioneer100© Member

Polymath
Joined: 
Location: The Rocky Mountains, New Mexico USA
Posts: 3086
MyResume: 
MyJob: Math Department Head
MyForum: Saint's Printing Press
MyLove: Vickie Lynn and swimming
MyWish: I finally got an XBOX360!! Yeah!!
MyFile: [Download]
MyIntro: [Download]
MySex: 
Status:  Offline
MyPOTD: 
Return to topBottom of page
 Posted: 08:53 pm

Quote
Reply
PM
Alert
voters: 0      
Just how bad could it get?


Could it be as bad as the Great Depression?





A^2 + B^2 = C^2
24HourNut
Administrator

Body pillows rock!
Joined: 
Location: Long Island
Posts: 5165
MyResume: 
MyJob: Forumite Torture
MyForum: Say Hello
MyLove: A quiet, empty house (never happens)
MyWish: To obtain very cool mutant powers
MyFile: [Download]
MyIntro: [Download]
MySex: Male heterosexual
Status:  Offline
MyPOTD: 
Return to topBottom of page
 Posted: 09:22 pm

Quote
Reply
PM
Alert
voters: 0      
bg wrote: 24HourNut wrote: I don't know how it will turn out of course, but the rate cuts (especially if there are significant ones still coming) could also be a positive force, stimulating the economy by doing things such as:

- lower the overhead for people with a meaningful refinance opportunity, or if they have variable rate-based payments
- encourage businesses to make investments and hire people
- make homes more affordable

I know there are other reasons it can be stimulative, but I'm too lazy to remember or look it up.  :)

24- think of it in terms of your own home and budget. would you take your credit cards and live off of them for a while and then worry about getting a job to pay them off later? no......not only would you have to pay back what u borrowed, you would also have to pay back the interest on the money that u borrowed. the rates cuts are bigger than what the shills in the media are telling us. its a chess game, and im not saying checkmate for america, but this isnt good. somehow we'll get out of this. how? i dont know
Not sure, but cuting rates sure seems like a good idea compared to not, or raising them.




The best human beings start good new topics and vote on the better posts.
24HourNut
Administrator

Body pillows rock!
Joined: 
Location: Long Island
Posts: 5165
MyResume: 
MyJob: Forumite Torture
MyForum: Say Hello
MyLove: A quiet, empty house (never happens)
MyWish: To obtain very cool mutant powers
MyFile: [Download]
MyIntro: [Download]
MySex: Male heterosexual
Status:  Offline
MyPOTD: 
Return to topBottom of page
 Posted: 01:31 am

Quote
Reply
PM
Alert
voters: 0      
I bet more rate cuts are coming.




The best human beings start good new topics and vote on the better posts.
Saint
Forum-Blogger©
Pioneer100© Member

Polymath
Joined: 
Location: The Rocky Mountains, New Mexico USA
Posts: 3086
MyResume: 
MyJob: Math Department Head
MyForum: Saint's Printing Press
MyLove: Vickie Lynn and swimming
MyWish: I finally got an XBOX360!! Yeah!!
MyFile: [Download]
MyIntro: [Download]
MySex: 
Status:  Offline
MyPOTD: 
Return to topBottom of page
 Posted: 03:07 pm

Quote
Reply
PM
Alert
voters: 0      
Looks that way...I thought I saw something about it on the news.

But someone also said, "It's a vicious circle. If we cut rates, the size of the dollar goes down and the oil prices rise because oil is traded on a dollar standard.




A^2 + B^2 = C^2

Ads appear if not logged in.

1jester
Pioneer100© Member

Pilgrim Sojourner
Joined: 
Location: Third Stone From The Sun
Posts: 1515
MyResume: 
MyJob: 
MyForum: Straight & Narrow Path
MyLove: The LORD our God
MyWish: 
MyFile: 
MyIntro: 
MySex: 
Status:  Offline
MyPOTD: 
Return to topBottom of page
 Posted: 10:37 pm

Quote
Reply
PM
Alert
voters: 0      
Well, Bear Stearns just went belly up. Its share value fell to basically zero overnight. The Fed dumped tons of money into it and that didn't do anything; JP Morgan bailed it out; in effect buying it for nothing. This is one quite amazing example of how wrong the system is and only a harbinger of what's to come. I hope y'all are stocked up on precious metals: au, ag, pb, etc.




Thou shalt love the Lord thy God with all thy heart, and with all thy soul, and with all thy mind. This is the first and great commandment. And the second is like unto it, Thou shalt love thy neighbour as thyself. -Matthew 22:37-39

 Current time is 01:48 am
24HourForums.com > Supported Forums > 24's Money Business > Wow on the rate cuts


Site Supporters
Posts Of The Day Mock Forums WowClassic



Themes and most mods done in collaboration with: WowClassic - powerful forum software with the best support service.
We are partners with Forum Owner Services
Powered by WowBB 1.7 - Copyright © 2003-2006 Aycan Gulez