[quote=peterb]The Fed is trying every trick in the book to get money moving, but it aint working….so if they cant get the private sector to spend, then they’ll have to start spending themselves.[/quote]
You’re right, but they’re spending already. In fact, I’d go as far to say they’re spent.
And I agree with RP’s statement that the Fed is a predatory lender.
I just don’t see how we can expect today’s rally to continue before they’ve even admitted we’re IN a recession. Then again, maybe they never will. Which brings to question any government numbers, like the ones today that reported a “surprise” jump in oil inventory.