so the fed cut short-term intrest rates by 3/4 point.

congress passes the stimulus package, which is just a rebate check.  People ask, ok, this wont’ go out till may, how will this help the economy now?   well, people don’t necessarily wait till they have money to spend it.  but that’s a whole other problem.

even at work they are feeling the crunch.

are we headed for a recession?  not sure.  the housing market is still slow.  banks are still foreclosing on people who can’t afford their adjusted interest rates anymore?   it’s all a big mess.  what’s the cure?  how about more federal regulation of banking and loans?  or better yet, government ran loans?