No Rate Cut by a Confident Fed

Back to article

Edit

Sorry, I meant to write "...I don't understand all the questions about the Fed's laissez-faire announcement today."

Pauly of CA @ Sep 16, 2008 20:30:44 PM

Laissez-faire

With all the calls for laissez-faire business practices on Wall Street for the last few years I don't understand the Fed's laissez-faire announcement today. Wasn't gov't hands-off what they wanted?

It's the ownership society baby, it's time for some of these banks to own their failures. The rest of us then need to determine if that was such a good idea after the fallout.

Pauly of CA @ Sep 16, 2008 20:13:10 PM

Back to article

Add Your Thoughts
About You

U.S. News Rankings & Research

Best Places

Search for the perfect place for you and your family.

Best Careers

Careers that offer strong outlooks and high job satisfaction.

Car Rankings & Reviews

Make an informed choice when shopping for your next car.

advertisement

Slide Shows

15 Government-Heavy (and Recession-Resistant) Cities

Cities that have lots of government workers have proven recession-resistant.

advertisement

Subscribe

U.S. News Digital Weekly

A weekly insider's guide to politics and policy — in a multimedia, digital format. 52 issues for $19.95!

U.S. News & World Report

6 months of U.S. News & World Report's print edition for only $15. Save up to 67% off the cover price!