Guys, I just had a brain fart. The Feds rate cut is not going to...

Guys, I just had a brain fart. The Feds rate cut is not going to do diddly squat in the long term. Interest rates are cheap enough in the states at 2.5% give or take. And in a credit squeeze, what difference is it going to make to the average homebuyer, or the corporation that needs billions. The reality is credit is harder to get and more expensive. Lenders are already ignoring the reserve, they got to protect whatever profits they can make following the subprime mayhem. Our banks have already taken matters into their own hands.

What we need is more liquidity in the market.