Tuesday, December 16, 2008

The-Uh The-uh, That's All Folks

Well we finally did it. The Fed lowered the overnight interest rate to virtual zero. If this does not work they have nowhere else to go. Or it could mean that the next time businesses have to borrow money from the Fed Bank they will not have interest to pay back AND they get a toaster. In other words, we're toast!

No comments: