i've really been trying hard not to call the fed idiots but their little internal pressure game to raise interest rates has contributed to this--
real unemployment as always is about double the reported figures - and recently i read that a record # of seekers gave up looking for work because they couldnt find any-such give uppers are not reported in the unemployment figures

and the feds other longstanding target-inflation of 2%- has not been reached either- in fact recent signals point to a greater chance of a worldwide recession-but the fed has illogically stubbornly ignored that without natural explanation even after chinese devaluation

the banks have been complaining that in the great big business scheme of stealing from the poor and giving to the rich the banks are only making billions not trillions-at these low interest rates

fed needs to announce no rate hike in sept
again the amount of the predicted rate hike-only 1/4% or even less? is nominal- but its a psychological factor depressing stocks as usual far beyond the actual effect of such a small hike



http://r.search.yahoo.com/_ylt=A86.J3blY9tVkR...oK4L9.Bd8-