fed cuts rate by 3/4 points

[akalucas]

link (http://www.cnbc.com/id/22780522)

They really dont care about the inflation this is going to cause down the road...do they.

[Fields]

No sir they don't.

[bobbysheldon]

Who could possibly care about inflation when there is a clear and present danger of a minor recession due to financial mistakes by credit companies. We must stave this off as long as we can in order to compound this into an all out depression. Shock doctrine baby.