90 Days until Christmas but I would not hold my breath for the Radio Flyer!!!!

If you did not know it will be Christmas in 90 days and bah, humbug are not the words I would use the express my feelings on the forecasted expectation for the upcoming Christmas/Holiday shopping season!
Tis the season to be "Questioning America what has gone wrong and how do we fix it?"
This season is expected to be the worse Holiday Season since 2002! If you forgot, those we not good times and now we are expecting the same results! WOW, what turn did we miss and can someone turn on the GPS please!
This is not how we make "America Great" by producing lower results than expected!!!!
Would you want an employee producing lower than expected results! I think not! And why should we tolerate this!
Where is the accountability?
Does it seem we are in constant turmoil and confused on what we are trying to do? I am talking about the fight after recession!!! How many times have we heard about fight against INFLATION! Does it not seem like recession? If it walks like a duck and talks like a duck!!!! I hate to say it but it is a duck!
You do not need a Phd in economics from an Elite university or 30 years of economic experience to figure out that we are fighting recession!
With that said, have you noticed the long term interest rates (mortgage rates) have gone up! Hmmm, cut the discount by 1/2 and cut the fed fund rate by 1/2 and we are seeing an increase in the long term rate!
So, now the lenders have liquidity but are charging the consumer more for the money! Why does this seem scary? Because the lenders are scared of a recession! Why would they charge the borrower higher rates if they now have a pool of cash? Because they fear a recession! RECESSION! When people can not pay them bills! When people lose their jobs! When it becomes difficult to borrow! Even for the people who have the "capacity" of handling the debt.
So how to take the burden of the lenders and give them some flex in the distributing loans?
You have to lower their rates!!!!!
We need another cut! We need another 1/4 (quarter, .25bps) cut in the Fed Fund Rate and we need to increase FHA minimum to over $500k.

So, if Mr. Bernanke does not cut another 1/4 off the fed fund rate before December, I will not be getting that red Radio Flyer! :-(

On a more serious note:
As we march forward in time, the dynamics of a global economy are integrating the supplies and demands cross many nations. As we have seen in the past 18 years, the role of the Federal Reserves has been critical in the growth of our domestic product. In addition, it has provided the opportunity for others to contribute to the global economy! In a global economy, we must stride to continue in making "America Great" with the understanding and responsibility of strengthing our global economy!!!!
The strength of a global economy is only as strong as its weakest national contributor!

Holiday Sales, Economy - Economy * US * News * Story - CNBC.com