We thought you might be interested in what some of your fellow viewers are saying about last night's interview about the Federal Reserve and interest rates. These viewers sent their thoughts in via email, but they're rich comments for our blog too.

Waldo Griffin writes:

This 75 year old investor is so tired of your inability to understand that the U.S. consumer is broke. They are victims of easy lending practices combined with Wall Streets propoganda. Those of us who have purchased repossessed housing in past slumps find it hard to believe that the so call experts didn't see this downturn coming. Furthermore, why do you expect the Fed (us) to bail out Wall Street? Controlling inflation and not catering to Wall Street is Bernakes number one priority. I am tired of you folks catering to the cry babies on Wall Street. As a major contributor to Public Television, I ask you to show more balance to your programming and interview folks other than these Wall Street experts that couldn't see a downturn coming until it happens. My old Silicon Valley buddies and I are not the least bit surprised and we forecast a recession toward the end of the year. Again, the average U.S. consumer is broke

Franz Harter writes:

And didn't Alan Greenspans policy cause the current credit mess that your commentator at the start was blaming the current fed Chairman for ? - He basically wants him to repeat the same mistakes - I never thought of how many alterior motives people would have for being on your show

George Colemen writes:

I think your guest tonight might be "Full of Prunes"!! He indicated that "4 or 5 rate cuts" - by the Fed, would be just the thing!!?? He also said that Greenspan was "Street Smart", whereas Bernanke is an "academic" - I suppose that means he is not "Street Smart"!

Admittedly, I also liked Greenspan, BUT when you think about it, WHAT CAUSED THE HOUSING MARKET TO COLLAPSE, AND BRING ABOUT THE CURRENT MESS??

Well, in my opinion it was caused by the ridiculously low interest rates that the FED (under Greenspan), continued for TOO LONG a period!! When interest rates FAVOR THE SPENDERS and PENALIZE THE SAVERS, it "ain't fittin'", and sooner or later the SPECULATORS were going to MESS THINGS UP! (The Gov't. also favored the housing market by continuing to allow mortgage interest to be an income tax deductible item,, while automobile purchases, etc were not tax deductible - EQUAL TREATMENT UNDER THE LAW, BE DAMNED).

When loaning and borrowing money is almost worth nothing - LOOK OUT!

Mr. Jones seems to think that lowering the interest rate 4 or 5 times will cure the problem! If curing an alcoholic, by prescribing more whiskey, will cure the patient, then maybe reducing the interest rates to almost nothing (AGAIN), will also cure our current liquidity problem! BUT I DOUBT IT!! And, I'll put my money on Bernanke to get us out of this mess, that our good friend, Greenspan, inadvertently got us into!