This is simply nuts. Cutting to 0.25% or 0% is not going to resolve any problems other than the banks who will continue to get whatever they want since Congress - Democrats and Republicans alike - want nothing to do with helping out average Americans. It's all about giving away cash to Wall Street and the spineless wonders in Congress don't care at all.
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Yay! Free money!
They'd have done more for the economy buying up the bad mortgages directly from the homeowners. Bloody carpetbaggers.
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