We are letting the government give millions to the rich on the backs of the poor.
Lower interest rates are saving millionaires, speculators and financial institutions.
In the meantime, the poor see their credit rates hold steady (if you're lucky) or rise.
The interest rate cuts that are saving speculators are also driving up the price of oil.
Millionaires can drive where they please, while poor and middle class people see their dollars buy less and less. Essentially, driving down income.
A salary that bought you 5 gallons of gas/hr. five years ago, now would get you 2.
Meanwhile, the CEOs of mortgage banks that caused this fiasco are filling up their Mercedes as the government funnels billions to undo the damage they caused.
Billions for Bear Stearns not a dime for the working man.