In the Federal Reserve’s decision to cut short-term interest rates, it, no doubt,  had millions of Americans in mind, as well as Wall Street, according to the Los Angeles Times.In the end, average Americans would also have gotten burned, had Wall Street endured an upheaval. The Fed is essentially bailing out everybody.

Some believe the Fed’s unusual action was to help investment bankers, securities traders and hedge fund mangers who supported the sub-prime mortgage boom and other excesses of the easy-money era.

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