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Credit card default was reported as being on the rise as well. The only break some people will be seeing from the housing downturn is less property tax payments, but they will have to work a little to get re-assessed. Treasury note yields are increasing, so it seems to me the Fed should...

I can't seem to get a feel on which way the economy is going these days. I didn't believe the rate cuts should have been made but I did feel the Fed helped the economy by bailing out the banks, at least for now. Now my best guess is that the few dollars the President threw at Americans called...

I've known about IB for quite a few years and I'm glad to see some support for it. Fidelity and Schwab were the two that impressed me the most out of the on-line borkers I listed in my post and checked into today. I think I will probably choose Schwab, as they offer some good FDIC insured...

I looked up some comments on "Dogs of the Dow" site and found a lot of negative comments about TDAmeritrade compared to other on-line brokers like Schwab, IB, Scot, Fidelity, and E-Trade. I was wondering what posters here like or dislaike about any of the brokers above. Pete

I see this slingshot effect you wrote about but I don't think it will happen because I doubt businesses are going to take advantage of these low rates to grow right now. I see more mergers and acquisitions ahead to move the market up but that is an overall negative effect for consumers and could...

Ask yourself what their government did or didn’t do to stop the fall of their equities? Japan was down to 0%, so how do you cut to stimulate there? Ask yourself what happened to the U.S. capital markets when the dot-com bubble burst around 911. The Fed couldn't act quickly enough then, so the...

Well whatever it takes to finance this GWB war, I guess. Wasted dollars with nothing in return, we sure don't profit from the oil now do we? And it amazes me that the Iraqi people had an army to defend their country before but apparently they don’t have a good enough one anymore. Sure this...

I think the equalizer to all of this will be an eventual downturn in the European housing market and hopefully a further downturn in the Chinese economy, which according to recent growth reports is already happening. This should help equalize the dying dollar if the Fed will stop relying on rate...

I won't argue with your insight that this is a bearish period but I think you are taking it too far into that direction at this present course of time. The equalizer will be an eventual downturn in the European housing market and hopefully a downturn in the Chinese economy, which according to...

Thanks for that! :D Well they certainly partied hardy today on CNBC. Sometimes I like PBS Nightly Business Report with Paul Kangas more because he leaves the hype out. I still think NBR is a better market recap than Closing Bell. Pete

Hmm, crow's not so bad, as it turns out it tastes a lot like chicken. Well the bad news is was wrong on the results the good news is that this move shook a lot of the shorts out of the market, which I'm glad I wasn't one of them today, and my biggest hope is that it will change the Fed action...

Well so far I'm eating crow on this prediction. Google closing the Double-Click deal today has helped that stock and the Nasdaq come up today as well as the Fed news. The Nasdaq did sink from it's early highs but is revisiting them now. Well, still about two-hours left until closing bell but I...

It's just a gut hunch but this bailout stuff is getting a bit old. The Fed buying bad debt isn't a great idea and it's getting to be a little like taking zinc tablets for anemia. (You need iron for that condition for those of you who aren't on Web-MD... It's a wonder that site isn't more like...

I didn't see this one in the poll, but I like to watch Maria Bartolome... Oh, I don't listen to her, I just like to watch her.(breathe, breath, breath) - just kidding. :D Actually, I do like her as a financial reporter and for Closing Bell, although I haven't watched CNBC for the past couple...

Sell it by the quart, instead of by the gallon!

Goldman is trying news-byte tactics to protect their own 'ass'ets. Keep the media scare going to lower rates now or else. I had to completely disagree with Jim Cramer who kept hollering "They know nothing!" at the Fed. He was right, they don't, but for all the wrong reasons. He thought they...

...And thanks to Joe in Support for editing that for me. I probably wouldn't have bothered asking but I wanted to test out my theory that a very good site has a very good support team. Theory proven, Elite Trader rocks! Pete

But this time, the contents of the title post does not contain any lyrics. Thanks Ian... and I hope we can get some better ideas out of the Fed in the near future and that they have better minds working to fix our confused economy than I do about typing confused words. I came back to read...

Well. if Dylan where to sing about it, it might go something like this... Hey ! Mr Ben Bernanke, don’t cut rates for me I'm not homeless yet but soon I think I’m gonna be Hey ! Mr Ben Bernanke, don’t cut rates for me In the jingle jangle morning I'll be job hunting too. I know...

I completely agree about holding the lenders responsible but caution has to be exercised not to let that slap on the wrist turn into the downfall of the monetary system. Treasuries and FDIC insured accounts are supposed to be U.S. safe havens for investors and if the government does not help to...