November 19, 2007 (LPAC)--Maddened by mountains of bank losses, including another $15 billion writeoffs heading for Citicorp according to some bankers today, Wall Street and London "economists" are swearing that they are going to compel Federal Reserve Chairman Ben Bernanke to three more, immediate, interest rate cuts, reported Bloomberg news this morning. Hyperinflation and dollar collapse be damned, say these "brainwashed zombies" quoted by Bloomberg, we'll have our Fed funds rate down to 3.75% or lower by March.

"[Bernanke] you're wrong and we're going to lead you to the next ease," Thomas Tucci, head of bond trading for Royal Bank of Canada's New York investment-bank, is quoted, among many others. Bloomberg says the entire bond market is shouting in unison, "Bernanke is withholding some vital information: The economy is so bad the central bank will have to lower interest rates at least three-quarters of a percentage point." One of these, Hoisington Investment Management chief economist Lacy Hunt of Austin, says the Fed will have to lower quickly to 2%.

"This is nuts," noted American System economist Lyndon LaRouche. The only solution to this crash is the revival of President Franklin Roosevelt's legacy, in new legislation to protect and rebuild the economy. These people are brainwashed zombies."