Comments on: Fed Cuts Rate .5% – Dollar Last Seen Headed for Mexico http://blownmortgage.com/2008/01/30/fed-cuts-rate-5-dollar-last-seen-headed-for-mexico/ #1 Free Home Loan Modification & Debt Relief Help For US Home Owners - Truths, Facts & News About the Mortgage Industry Mon, 09 Nov 2009 22:42:54 -0700 http://wordpress.org/?v=2.8.3 hourly 1 By: Jonathan Dalton http://blownmortgage.com/2008/01/30/fed-cuts-rate-5-dollar-last-seen-headed-for-mexico/comment-page-1/#comment-9505 Jonathan Dalton Wed, 30 Jan 2008 23:45:32 +0000 http://blownmortgage.com/2008/01/30/fed-cuts-rate-5-dollar-last-seen-headed-for-mexico/#comment-9505 The Fed's firing the only weapon they have over and over and over, probably knowing it isn't going to help but powerless to do much else ... aside from let everything play out, which they're loathe to do. This cut wouldn't have been as brutal if not for last week's panic cut, though it still would have been largely useless. The Fed’s firing the only weapon they have over and over and over, probably knowing it isn’t going to help but powerless to do much else … aside from let everything play out, which they’re loathe to do.

This cut wouldn’t have been as brutal if not for last week’s panic cut, though it still would have been largely useless.

]]> By: Robert D. Ashby http://blownmortgage.com/2008/01/30/fed-cuts-rate-5-dollar-last-seen-headed-for-mexico/comment-page-1/#comment-9503 Robert D. Ashby Wed, 30 Jan 2008 22:45:02 +0000 http://blownmortgage.com/2008/01/30/fed-cuts-rate-5-dollar-last-seen-headed-for-mexico/#comment-9503 I would say the dollar is somewhere south of the equator and running scared for Antartica. I would say the dollar is somewhere south of the equator and running scared for Antartica.

]]>