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I think it was a smooth move. Basically buys time. Very same thing the US did. Except only prolongs the ripping of the bandaid ie the structural problem that we spend more than we make which can only go on so long...

the right one! every time.

its an emergency meeting - ben bought a cake. they are going to celebrate the full recovery of the economy.

this is ridiculous. switch it to two days a week. privatize it. put a bullet in it. who cares? the only things i have to mail still are things i mail to the government - which irritates me to no end they can't get online with everybody else...

US is even worse. At least Greece is paying lip service to, uh, cutting costs. The US, California particularly, is hilarious in that even mentioning cutting costs is tacky at best... Keep printin em...

I think to say buffet is using his clout now or anytime is true but in relation of the magnitude of the problems in the us/world - even buffets book is paltry.

ha ha admookmajhad or however you spell it is the master of push and pull. buying time slowly until it is too late. at the same time he is drawing attention and credibility to himself and iran. he knows obama's hands are tied dealing with economy, wars, debt, euro, banks, etc...

4 billion gets them to when? february?

I predict we are going to see a whole lot of shit shovelled under the rug over the next 5 days while nobody is paying attention...

and the sheople love it!!!

i would like to know who is buying this shit and why? or is it the fed through an elitetrader alias. stock is up like 800% and is a zombie shell. 15 billion is not dumb money.... where did it come from??

in a free society they just amass 100 trillion in debt and tax it out of you slowly ( a slow bleed) as well as depreciate the shit out of your currency . as opposed to the more forthcoming system where they just take it from you...pick your poison

interesting to me is that this news is about 20 stories below tiger woods banging a cocktail waitress on north american financial market web sites....

US has shot its wad yet keeps offering olive branches...

I dont remember this ever being the case - but seems to me like everyone is already on x-mas holidays mentally... and nobody is paying attention to bad news anymore anyways... volumes are anemic. i saw the pictures of kids crawling around on the floor of the stock exchange or take your kids...

a sure sign of bad times when people regard the yen as a safe haven

i think you guys need to chill out a bit. the us economy is still the largest 14 trillion, 15 trillion. and the powers that be still get a big chunk of that. coupled with the largest amount of weapons and military and the US is down for sure but far from out. they have conveniently...

i like it if you buy me dinner and a movie BEFORE YOUR HAVE SEX WITH ME

i prefer to be left in the dark. we know they are printing trillions. if they are scared to show us what they are really doing ????? it must be baaaaaaaaaaaaaaaaaad. im going to hide under the bed.

i dont shop very much at all but hit the stores last week and all the stuff i looked at was the same shit from last year, or so it seemed to me. my conclusion was they never sold the shit from last year so never bought any new shit.