Can someone please ask Bernake exactly why he's reducing the interest rates? Does this guy know what he's doing? Can the media ask the right questions or report it? Am I drawing the wrong conclusions, is there a strategy to this? If someone knows, please help me.

http://www.bls.gov/news.release/cpi.nr0.htm
According to the CPI summary,
"The gasoline index fell 29.5
percent in November and gas prices are now 47.0 percent below their July
peak. The natural gas index also (cont.)"

The CPI-U only dropped 1.1% in November of 08. This is the latest information I could get. Today is January 8th. Without the drop in gas prices (which has very little to do with the printing press but with the lowered demand of foreign oil), this doesn't look anything like deflation. It says nothing about the decrease in real estate prices, which too was way overvalued. At it's peak, real estate was valued at a 180% CPI. In California, it was 300%.

The fed is printing money. Infact, the Feds are quoting some M1 money drop when last month, the M2 was jumping up.
http://www.federalreserve.gov/releases/h6/current/

An increase of M2 is an indicator of inflation. We just passed an $8.5 trillion dollar (including the initial $700 billion bailout plus earmarks) bailout. The M2 has been increasing, historically (except for the 90's) it has been used as an indicator of inflation. http://www.federalreserve.gov/releases/h6/current/
http://www.reuters.com/article/economicNews/idUSN1141040820081211


It seems like people have argued with Bernake has had this problem for at least a year now over the same thing. (if the GDP was "$13 tril, shouldn't that be an indicator of a good economy? Why does he insist on lowering interest rates in a "good economy"? it was to get people interested in ARM loans, not because the economy needed it) http://www.bloomberg.com/apps/news?pid=20601039&sid=azA1KvgYZlDU&refer=columnist_shlaes

That Ben, I tell ya.