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-   -   The Fed goes to Defcon 1 (https://gfy.com/showthread.php?t=875977)

vod 12-16-2008 03:45 PM

The Fed goes to Defcon 1
 
WASHINGTON (MarketWatch) -- The Federal Reserve declared war on Tuesday, promising to do whatever it takes to prevent a depression.

With the economy teetering on the edge of a prolonged slump, the central bank's policy-making Federal Open Market Committee slashed interest rates on Tuesday to near zero, and vowed to use "all available tools" to keep the economy from collapsing into a depression. See full story.

After a two-day meeting in Washington, Bernanke rounded up even the most reluctant members of the FOMC to unanimously endorse the most drastic actions this central bank has ever taken.

To no one's surprise, the Fed said the economic outlook had "weakened further," and it set aside any immediate worries about inflation. For the next while, all of the Fed's focus will be on easing the credit crunch, pumping money through the financial system, and getting the economy growing again.
"The committee anticipates that weak economic conditions are likely to warrant exceptionally low levels of the federal funds rate for some time," the statement said.
Read the statement.

Juicy D. Links 12-16-2008 03:47 PM

my bedroom is at Defcon 5

marketsmart 12-16-2008 03:57 PM

Quote:

Originally Posted by Juicy D. Links (Post 15205217)
my bedroom is at Defcon 5

is your missile out of airbags silo yet?

farkedup 12-16-2008 04:00 PM

How about this, you PAY ME to borrow your money and I'll take a 3 trillion dollar unsecured loan OK?

I'll spend it in so many different places it will bail out the entire economy... I'll buy a dodge viper, The best Corvette and a Yukon Denali XL and hmmm... Ford doesn't offer SHIT that I'd want but they're the best managed company of them so I guess I'll take a GT500 but I want it chopped to be topless. Just for the sake of America I'll only buy american cars ;)

Lets see.... I'll start buying up a shitload of foreclosed houses and become a slumlord.

I'll make sure all those starving hookers and strippers get paid too! I'll find a dozen or so welfare moms that are a bit chunky and pay them to suck my dick a few times a month... Those chunky whores tend to suck the best and if they're poor they might be hungry so you know they'll swallow

Robbie 12-16-2008 04:01 PM

Quote:

Originally Posted by Juicy D. Links (Post 15205217)
my bedroom is at Defcon 5

:1orglaugh:1orglaugh:1orglaugh

onwebcam 12-16-2008 04:02 PM

The only way the Fed can fix anything is for them to dissolve the Federal Reserve and all of them resign from their jobs. But that's not going to happen. What will happen will be another form of the same scam on a larger scale.

Robbie 12-16-2008 04:03 PM

Quote:

Originally Posted by farkedup (Post 15205276)
How about this, you PAY ME to borrow your money and I'll take a 3 trillion dollar unsecured loan OK?

I'll spend it in so many different places it will bail out the entire economy... I'll buy a dodge viper, The best Corvette and a Yukon Denali XL and hmmm... Ford doesn't offer SHIT that I'd want but they're the best managed company of them so I guess I'll take a GT500 but I want it chopped to be topless. Just for the sake of America I'll only buy american cars ;)

Lets see.... I'll start buying up a shitload of foreclosed houses and become a slumlord.

I'll make sure all those starving hookers and strippers get paid too! I'll find a dozen or so welfare moms that are a bit chunky and pay them to suck my dick a few times a month... Those chunky whores tend to suck the best and if they're poor they might be hungry so you know they'll swallow

I will also help with this endeavor...would you mind splitting that and us both getting only a 1.5 trillion dollar unsecured loan?

seeandsee 12-16-2008 04:11 PM

more money for FR

farkedup 12-16-2008 04:30 PM

Quote:

Originally Posted by Robbie (Post 15205295)
I will also help with this endeavor...would you mind splitting that and us both getting only a 1.5 trillion dollar unsecured loan?

I don't know if I can spare THAT much but I might be able to float ya a few hundred billion BUT you have to

1) Only buy american cars
2) NEVER shop at walmart
3) blow tons of cash on hookers and strippers WITHOUT drug habits... oh shit that would be too hard to do... Lets just leave that one alone ;) I love roughing up those crackwhores

Juicy D. Links 12-16-2008 04:35 PM

Quote:

Originally Posted by Robbie (Post 15205282)
:1orglaugh:1orglaugh:1orglaugh

Touch it!!!!!!!!!!!!!!!!!!!!!!!!

dav3 12-16-2008 05:00 PM

Let's play a little game.

In the article summary, find the reverse-psychological lines meant to keep the public complacent, while a depression creeps up closer and closer only to blindside the majority of the American people who bite into the 'fluff'. The winners get 100 free acres of land on the Sun.

dav3 12-16-2008 05:01 PM

Quote:

Originally Posted by onwebcam (Post 15205287)
The only way the Fed can fix anything is for them to dissolve the Federal Reserve and all of them resign from their jobs. But that's not going to happen. What will happen will be another form of the same scam on a larger scale.

Some one is already close to 100 free acres of solar landscape. :winkwink:

spacedog 12-16-2008 05:03 PM

This is nothing more than a stop gap measure designed to keep the sheep at ease until the final touches are put in place for the NEW WORLD ORDER.

Robbie 12-16-2008 06:22 PM

Quote:

Originally Posted by farkedup (Post 15205438)
I don't know if I can spare THAT much but I might be able to float ya a few hundred billion BUT you have to

1) Only buy american cars
2) NEVER shop at walmart
3) blow tons of cash on hookers and strippers WITHOUT drug habits... oh shit that would be too hard to do... Lets just leave that one alone ;) I love roughing up those crackwhores

Done, done, and done. And I will throw in the roughing up crackwhores during hard, hard, hard sex as well just to make damn sure our economy is back on track.


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