a rate, is a rate, is a rate...

With the new rate cut from the Feds are we to be expecting a slow turn around in consumer confidence? Did we really think that a 1/2 point adjustment would save the day? Why is there such a backlash with the 1/4 point reduction. This should show us that the Fed's don't see the economy in such dire straits that they must cut more. First the press was telling how Greenspan was a failure, now that they can reflect in retrospect, as they now say he slashed rates too haphazardly. Yet, then when they are wanting another rate cut, it's okay if it is from Bernanke? Or has our system changed so that it is okay to slash now? The economic numbers are still strong. This is more of the fear based "free" press.