So the Fed cut rates again this morning in the hope of saving the US economy from drowning. After a few years of working in banks and brokerage houses I wonder just who the interest rate cut actually helps - it certainly does not seem to help the average American.If you are taking out a loan, or buying a home then yes the rate cut helps you. But how about the people, especially the elderly that rely on their ever diminishing returns on their savings accounts and CD's. Now combine these lower returns with a weak dollar and rising food costs due to inflation and oil prices - remind me how

Any US citizen concerned about this roller-coaster economy should look no further than our pathetic dollar. By this point, I'm used to seeing a weak dollar versus the euro, but according to this recent report , the US dollar is getting hit on all sides. This is not a new trend, it's been going on for the last seven years, and you are lucky if the cable news networks, even the hacks on the financial channel spend five minutes a week on such an important issue to Americans.It's bad enough that our savings accounts suffer from these extremely low interest rates - the only thing the Fed uses

Wow George Bush, $600-$1200 bucks! Did you think of that all by yourself? Of course not, but you'll take credit for this latest half-assed attempt to stabilize the US Economy. This so called Stimulus Package is less than what the US spent in Iraq this year and it's supposed to keep us from recession? How is giving us a rent check going to stop the slide? Most people I know eligible for this "refund" have little or no money invested, they can't afford it. I'd say put it in the bank but with the dollar so weak there is no guarantee that it won't evaporate in the next few years.