Letters to the Editor

This letter is associated with the following article:
More bad news from Merrill Lynch and a housing start meltdown. Ben Bernanke decides that some government action "could be helpful"
  • The Fed is out of tricks

    Bernanke is a total pushover. I'm guessing the people on Wall Street are aware of this too. How can they continue to lower interest rates in place of skyrocketing inflation and enormous deficit spending? Where is the money for a tax break going to come from?

    They might think they are being reassuring here, but chasing bad money with good money isn't going to prop things up. Something has got to give here, and I'm guessing it's going to be the American economy.