Fed Cuts Interest Rates Again

The Federal Reserve just recently cut interest rates by .25% to 4.5%, a quarter less than what was feared earlier this week, in order to 'bail out' the credit and housing markets. The Dollar has already fallen to more all-time lows this week due to the fears of a rate cut, gold is about to surge above 800, and oil is now at $94. Again the Fed puts irresponsible people and the big bankers and money makers ahead of common citizens and our national currency. Hello inflation.

"The pace of economic expansion will likely slow in the near term, partly reflecting the intensification of the housing correction," the Fed said in a statement announcing its decision.

The central bank said its action was designed to help "promote moderate growth over time."

Government Attempting to Cap the Price of Gold By Selling its Reserves

The U.S. Dollar is in grave danger. A lot of people already know that, but this is just the icing on the cake. Fort Knox houses the majority of the United States' gold reserves. The Federal Reserve and U.S. Treasury have been printing money over the past few years that we simply don't have, and of which we have absolutely no record of because the government decided to quietly stop telling the world how much 'fiat' money it prints. Huge credit goes out to the writer of the original article.

As the anti-American outrageous spending continues with this government, they are willing to pull out all stops to continue their ways, legal or not. They are now apparently, or at least ready to, selling off the many reserves of gold being held at Fort Knox in Kentucky in order to cap the price of gold in the markets, as an attempt to sell that the U.S. Dollar is still a legitimate world reserve currency. The world is not that stupid, and this article is definitely not something media wants you to know. We are on the verge of collapse, and they just want to keep spending no matter what. It is time to help elect Ron Paul, or be on the opposite end of the revolution. When will Wall Street wake the hell up like the foreigners??