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Politics Do Not Pass/Pass With Care. Today's truckers are far more educated and cognizant of the issues regarding politics due to the sharp increase in talk radio, and various trucking news media sources. Talk politics. Do truckers like politicians? More Political Sites: • Political Forum • Reform US Government •

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^ Top   #1   02.20.2008

Cybergal Truck Forum Supporter   Last Seen: 04.16.2009 06.42 AM Member Since: Oct 2008 Posts: 13,844 My Trucking Photos: 27 Thanks: 2,066 Thanked: 2,556 Times My Truckers Blog : 16

Fed forecasts inflation, unemployment Fed forecasts inflation, unemployment 2/20/08 Quote: WASHINGTON - The Federal Reserve on Wednesday lowered its projection for economic growth this year, citing damage from the double blows of a housing slump and credit crunch. It said it also expects higher unemployment and inflation. The updated forecasts come amid worry by Federal Reserve Chairman Ben Bernanke and his colleagues that the economy could continue to weaken, even after their aggressive interest rate cuts in January, according to minutes of those private deliberations released Wednesday. "With no signs of stabilization in the housing sector and with financial conditions not yet stabilized, the committee agreed that downside risks to growth would remain even after this action," minutes of the Fed's Jan. 29-30 closed door meeting showed. The Fed at that session voted to cut a key interest rate by one-half percentage point to 3 percent at that meeting. Just eight day earlier, the Fed, in an emergency session, slashed its rate by a rare three-quarters percentage point. The two rate cuts together marked the most dramatic rate reductions in a single month by the Fed in a quarter century. http://news.yahoo.com/s/ap/20080220/...lvOyEL5mus0NUE

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^ Top   #2   02.20.2008

politicallymoderate Road Train Member   Last Seen: 07.22.2008 07.49 PM Member Since: Aug 2007 Location: rainer washington Trucker? EX-10 Years Posts: 2,105 My Trucking Photos: 0 Thanks: 19 Thanked: 54 Times

Man, cut interest rates again????make our dollar even worth less then it is now..... __________________

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