Obama's Speech on the Economy Today
Will get worse before it gets better.
I have a suggestion.
How 'bout the FED owned banks lower the interest on all their issued credit cards to about three percent so the people actually have a chance to get out of debt.
If they won't do that, how 'bout they raise the interest rate on saving's accounts to be in line with the current interest rate they charge us when we borrow from them using their credit cards?
After all, when we put our money in accounts in their institutions, they use it and the interest they pay us to borrow our money is ridiculously low, yet we are forced to pay them a ridiculously HIGH interest rate when we borrow from them.