I would've never argued against the rate cut and never did.
The problems are too real to ignore and the economy must be bailed out before they got out of control.
Global growth of course is a solid counterbalancing force, but rates must go down.
"He'd be wrong not to cut the rates."
Yea, it would "just wrong" to not give the retired, disabled, and low income folks in the U.S. another huge round of inflation to try and deal with-so that "Cramers people" can be assured profits.
Yes, lets crash the economy completely, trigger a snowball of defaults in corporate and minuciapals, and leave millions unemployed, homeless and in poverty. But we'll feel moraly superior. .... manure.
Manure? Exactly what would you put forward to show the economy is on the verge of a complete crash? Your purchase of over a hundred stocks hardly indicates that is your true belief?
I purchase stocks when I see opportunities to make money. doesn't have anything to do with my beleifs or my view of economy
