Almost as Important as The Super Bowl or American Idol -- Bertankie Fed Decision at 2PM EST

UPDATE: FED CUTS HALF A POINT. Let the good times roll!


"The most important Fed rate decision ever" - Erin Burnett on CNBC 2:00 PM 1/30/08

Not that the decision deserves the attention of the Superbowl or American Idol, but the Fed will announce if there will be a Fed Funds rate cut, and if so how much, at 2:00 PM today.

If it's half a point, there is hope for the world. Anything less, and the world will sink into a black hole, economically. But remember, there is also a Britney Spears hearing about her kids coming up today, too.

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