The thing about interest rates...

It causes your savings account to get its rates cut too!

So our economy is pretty much in the toilet. 1 sterling pound is worth $2.05. 1 Euro is worth $1.47. Stocks are falling. People are getting worried. People aren't spending as much money to keep the economy going. The unfortunate truth about the stock market is that it's mainly fueled through speculation and feeling. If it's fear, people hold onto their money. If it's confident, people will spend their money.

I understand that the idea behind "economic stimulus" program is that it hopes to boost the economy. By giving people "free" money, we'll be inclined to spend money we didn't think that we would have. Personally when I get a check from Uncle Sam, I think I'm going to save it and let my interest-bearing account do it's job. Especially since the APY went down .25%.

I can't wait for some serious change. Super Tuesday should be really interesting to see how our future as a country is going to look. When we hit the all time low, we've got to be able to rebound and restore the prowess of this country.