Fed cuts rate by a quarter point
https://www.cnbc.com/2019/07/31/fed-cuts-rates-by-a-quarter-point.html
Right on. You know it's coming to Canada.
HAHAHAHAHAHAHAHAHAHAHAHA!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Poor Walter!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
YOU AINT Paying attention!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Our idiot Boy is caught out...........................................
lower interest rates are supposed to control inflation.................................................
and aid the economy..................................................
but that is now exposed as bullsh+t in Canada!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Lower interest rates will NOT MITIGATE THE GREED..................................
of the civil service union HOGS that are about to GO TO WAR WITH DOUG FORD!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Lower interest rates WILL NOT MAKE HOUSE PRICES MORE AFFORDABLE...........................
for the simple reason that lower interest rates means house buyers can PAY HIGHER PRICES!!!!!!!!!!!!!!!!!!!!!!!!!!!
Lower interest rates will SCREW UP bank profits.............................................
and lower bank profits MEAN REDUCED DIVIDENDS ..........................................
for the HOGS who own that stock!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Reduced bank profits will mean MORE PRESSURE on govt..........................
to SUPPLY HOGS WITH MORE GRAVY.....................................
to make up for reduced dividends!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
In addition lower interest rates will impact old folks whose savings and interest earnings.....................
WILL ALSO BE REDUCED!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Thus old folks will put pressure on govt to INCREASE Old Age Supplements...........................
to compensate for rampant cost of living increases mandated..................................................
by that desperate gravy grab................................
known as the Carbon Crap and Trade Tax SCAM!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
This is the face of Cdn bankruptcy.............................................
GREEDY HOGS AT WAR with ordinary Cdns..............................................
while LIE-berals stand on the sidelines and PRETEND...............................
this MESS was not created by decades of SHAMELESS LIE-beral vote buying!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!