Any forex trader knows that interest rates are an integral part of investment decisions and can drive the currency as well as the stock markets in either direction. FOMC rate decisions are the second largest currency market moving release behind the unemployment figures.

What good is an idea that is never shared?

Over the last year, Unites State Government has passed several unprecedented spending bills. Unless you have been living under a rock, you have heard of the Stimulus Bills. Lawmakers told us that these bills were needed to save the economy. One look at the government’s spending report for Fiscal Year 2009 provides multiply examples of wasteful government spending.

Over the last eight years, our media has provided example after example of wasteful government spending. Of course, each example was blamed on Republicans. This year, few news reports are even mentioning wasteful government spending, even though the government has passed massive spending bills. Fiscal Year 2009’s spending report highlights multiple examples of wasteful government spending.

Unfortunately, Obama has many people fooled. They are thinking they are going to be getting free grants or some other form of free money from this stimulus bailout. Nothing is further from the truth and most of this money will not go to the normal guy on the street. Most of it will go to bailing out the big companies that squandered their money in the first place.