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The Bernanke: Twist and Shout?

renman95renman95 Posts: 7,037 ✭✭✭✭✭
Seriously!?
I was watching the 'heads on CNBC talk about the Fed "Twist". Are they just making Elmo up now? Apparently it happened once in 1961. Whatever it is, it's a band aid.

Comments

  • gsa1fangsa1fan Posts: 5,566 ✭✭✭
    So the banks ain't leading now and they lower the rate so the Banks will continue not to loan out $$?

    How's this going to do anything? Except if you got so much $$ you don't need a loan in the first place.

    I know it helping some one out.

    Jobs, Jobs, Jobs is the answer! The only Answer ~CREATE Jobs!
    Avid collector of GSA's.
  • pf70collectorpf70collector Posts: 6,641 ✭✭✭
    30 year mortgage rates at 3.25%-3.5% so I can refinance hopefully.
  • BarndogBarndog Posts: 20,490 ✭✭✭✭✭


    << <i>So the banks ain't leading now and they lower the rate so the Banks will continue not to loan out $$?

    How's this going to do anything? Except if you got so much $$ you don't need a loan in the first place.

    I know it helping some one out.

    Jobs, Jobs, Jobs is the answer! The only Answer ~CREATE Jobs! >>



    governments don't create the kinds of jobs that fix things. Governments can modify conditions so that those who create useful jobs will do so.
  • gsa1fangsa1fan Posts: 5,566 ✭✭✭


    << <i>

    << <i>So the banks ain't leading now and they lower the rate so the Banks will continue not to loan out $$?

    How's this going to do anything? Except if you got so much $$ you don't need a loan in the first place.

    I know it helping some one out.

    Jobs, Jobs, Jobs is the answer! The only Answer ~CREATE Jobs! >>



    governments don't create the kinds of jobs that fix things. Governments can modify conditions so that those who create useful jobs will do so. >>



    Fine 2008-2011 WTF they waiting on? All I hear & see is BS, finger pointing, BS rinse & repeat!
    Avid collector of GSA's.
  • BarndogBarndog Posts: 20,490 ✭✭✭✭✭


    << <i>

    << <i>

    << <i>So the banks ain't leading now and they lower the rate so the Banks will continue not to loan out $$?

    How's this going to do anything? Except if you got so much $$ you don't need a loan in the first place.

    I know it helping some one out.

    Jobs, Jobs, Jobs is the answer! The only Answer ~CREATE Jobs! >>



    governments don't create the kinds of jobs that fix things. Governments can modify conditions so that those who create useful jobs will do so. >>



    Fine 2008-2011 WTF they waiting on? All I hear & see is BS, finger pointing, BS rinse & repeat! >>



    that's politics, we don't discuss that here. image
  • gsa1fangsa1fan Posts: 5,566 ✭✭✭
    Right!image
    Avid collector of GSA's.
  • KonaheadKonahead Posts: 1,476 ✭✭✭
    good luck with getting approved, they will put you through hell to qualify.
    PEACE! This is the first day of the rest of your life.

    Fred, Las Vegas, NV
  • DoubleEagle59DoubleEagle59 Posts: 8,307 ✭✭✭✭✭


    << <i>good luck with getting approved, they will put you through hell to qualify. >>



    It's about time!
    "Gold is money, and nothing else" (JP Morgan, 1912)

    "“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)

    "I only golf on days that end in 'Y'" (DE59)
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