Bernanke: Lower interest rates 'feasible'

how about this?

all of you banks that are getting billions in bailout money loer your mortgage interest rates

the Fed is charging 1% and you are still charging us 6 - 7%

drop it to 4% and get out of the way - people will start buying homes again

once that starts the rest of the economy will follow.

JUST DON"T LEND to people that are like crime - they don't pay!!!

How about a 25 billion dollar economic incentive bailout for the VA? and how come there are WWII veterans still waiting for benefits from the VA?.

Let's go to minus 1% then everyone can borrow and get paid for it. You cannot keep pumping money into this system to bail out everyone who is a deadbeat, both banker and consumer. Read Shales book about the depression and learn that money via government did not solve the problem. Also, the WSJ had an article(Sat.) about the statistical view of the depression which was quite good and based on fact not fiction. Sounds like today all over.

A student of the Great Depression, Bernanke said the current period of economic woe bears “no comparison in terms of severity” to the 1930s.

Really?  No comparison?  Not even the faintest hint of similarities?  Storm clouds on the horizon?  Nada?

if you require our money to stay afloat - you will follow some rules/regulation, otherwise no bailout money.

they're all crooks & criminals.

For each trillion the Fed and Govt has spent, you could have given everyone who recieved a 600.00 rebate check roughly 3000.00 . We are at 8.5 trillion so we could have all gotton 24000.00 or so, which would gone a long way toward everyone paying off their debts, the money would have wound up with the same banks and institutions and the crisis would be a lot less severe. You still have hyper inflation and we are still on the hook for the money, but at least we would have gotton something for it. Now of course we get nothing but the bill, credit card interest rates are going up (not down) and the middle class still can't see they are being sold out and robbed. If "they" wanted to help us they would have fed the money in from the bottom up, they don't so it goes in at the top never to be seen again

As a small business owner with excellent credit I was appalled when I looked at my Advanta business card and saw they were now charging me 22.9% on purchases. I thought it was a mistake so I called them and somebody with an Indian accent went on to explain that the interest rate was correct and they were charging me that rate because my business may fail in the future and that I could default on my credit card. I have never missed a payment and always pay double the minimum payment so I guess I will just not use their card. I have alot of available credit with very decent interest rates that these companies are still making good money charging interest. I guess some of them are greedy.

This weasel is one of the causes of the meltdown.  He tightened credit too much, too soon.  As a result, interest on those ARM's soared in multiple's of the increase so that payments became beyond the reach of millions.

Another to be hunted down, drug onto the street, horse whipped and shot.