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Larry Kudlow, Interest Rates, Jim Cramer, Erin Burnett

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A chorus of knuckleheads want another rate cut - BAD. These are the same folks who said that "housing" was no big deal, GDP would soar, gold prices would drop, oil prices would fall, inflation would be nonexistant, the dollar would be super strong, and, well, all kinds of cool stuff. Now, they admit that, okay, the economy does sortof suck, but, an interest rate cut will save the day. Sigh. I suppose as long as "they" continue to tow that line, I'll have something to write about.

Channel: News & Politics
Uploaded: October 25, 2007 at 4:52 am
Author: donharrold

Length: 05:40
Rating: 4.21
Views: 8025

Tags: bartiromo  bernanke  burnett  business  cnbc  cramer  erin  fast  fox  interest  jim  kudlow  larry  market  money  news  rate  stock  

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Video Comments

donharrold (October 7, 2008 at 2:37 am)
YURMAJESTIE - Jim Cramer "called it?" LOL! Called WHAT?
Yurmajestie (October 7, 2008 at 2:30 am)
I hope you've been around in the last week or two dude? There are people out there that do know more than you? Jim Cramer called it. Whether you like it or not. It's gettin' worse yet.
housechores (September 15, 2008 at 5:44 am)
You are the man Don! Your fashion sense is questionable :), but your economic knowledge is a dead ringer.
donharrold (August 7, 2008 at 1:03 pm)
RICHYP11 - I know why they raise or cut rates. It's real, real simple: They can. They are a for-profit business that profits from the printing of money and the charging of interest rates to US for the privilege of using OUR money. Thanks, though, for allowing me the chance to clear that up for you.
richyp11 (August 7, 2008 at 12:19 pm)
donharrold you really should try and find out why the fed raises or cuts rates, it may make your videos slightly more factual
tab3321 (December 3, 2007 at 7:19 am)
rate cuts are done in response to trouble in the market, not as a reason for it. stocks tumbled in '01, primarily, because of the end of the tech boom and the resulting slow down in growth. AS A RESPONSE the fed cut interest rates to spur growth and make lending more affordable. what's more, interest rat cuts don't effect the economy immediately. their effects aren't seen until at least a year later. notice the ridiculous growth that began a year or so after those rate cuts??
rundoetx (November 8, 2007 at 1:11 pm)
He's the man for the job. Free Hugs From TX RundoeTX
donharrold (October 30, 2007 at 9:32 pm)
WHOISRONPAUL: Your word ring true, my friend!
whoisronpaul (October 30, 2007 at 9:09 pm)
loser troll...LMAO
zerosum (October 29, 2007 at 1:23 am)
I replied above you bum. Get a life.. I wouldn't want some bum like you with my information. Look at how you slander Cramer a man you have never meet. You are nothing more then an American hater selling fear. I am going to send Cramer all these videos. I hope you shits on you on national TV.

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