Duke1, it might have been bernanke's way to tell greenspan shut up now you ole fart and i'd agree! greenspan opens his mouth way too much for a retired man. i don't think bernanke is any less of a scholar than greenspan, and it's his show now so he should be able to run it his way. and like you pointed out this whole subprime mess is the byproduct from greenspan's tenure anyways. easy money for the day traders in these type of environment but the rate cut was needed for small invetors like us too as the subprime worries were spilling into our 401K, mutual funds, stocks, property, etc even though they weren't directly related to subprime woes.