New Poll! Please Vote

Every 6 weeks we check in to see how much our dollars will become devalued... once again we ask you blog readers to give us your predictions on how hard the printing presses will be working - I am making the task even harder - now that the discount rate is getting slashed every 6 weeks, you have to predict both the Fed funds rate and the Discount Rate

I've given every choice from a 'shock and awe' 50 Fed funds cut/75 basis point cut to a (fear it) increase in interest rates (which would drop the market probably 2000 pts)

Winners receive nothing other than prestige and an "I told you so" moment. So please, let us know what you think as we slowly but surely return to the 2001 era of free money for everyone. Just remember, please don't dare try to travel outside the country where your dollar means nothing (except in Mexico)

Our next poll will be "What's your favorite "it's (not a) bailout" plan coming in spring 2008" - feel free to post nominations in comments section. ;) I'm going to begin with my proposals of
(a) $10,000 free to every homeowner in America who took a subprime loan and is now upside down on their house - they deserve it! And it's not a bailout....
and
(b) freezing all home prices at where they are today , so NO one suffers the indignity of having their home price adjust to where the market deems fair (i.e. lower)