Don Vito Contemplates:
The 1/4% Rate Cut
1/4%

The greedy animals didn't even cut a fart
The markets lost a few points.
Expect more reductions later .

This prolongs the illusion
things will settle down.

Big deal

Lowering rates will NOT encourage
one single burned toastie bank
to loan a penny to the thieves overseas.

At least I WOULDN'T.

They're still all hiding their sins
Greenspan is not a Prophet/Savior

He's just trying to tread water...
Not the same as walking upon it.

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