The only thing being pumped is you. . . . .

By JOE BEL BRUNO

NEW YORK (AP) - Wall Street rebounded sharply Tuesday after the Federal Reserve and other central banks said they will pump $200 billion into the financial markets to help ease the strain from the credit crisis. The Dow Jones industrials surged more than 270 points.

The program is part of a worldwide effort to help struggling banks and mortgage providers. The Fed - acting in concert with the European Central Bank, the Bank of Canada and the Swiss National Bank - agreed to loan banks money in exchange for debt that includes slumping mortgage-backed securities.

The Fed's latest move was seen as a direct boost to struggling banks by avoiding having to dramatically slash interest rates when the central bank's policymaking Open Market Committee meets next week. Economists continued to be concerned about the unrelenting rise in oil prices and the dollar's weakness, which contribute to inflation - and cutting rates only add to these pressures.

"The big problem has been the financials, and this helps supply money directly to the banks and may take some of the need for aggressive rate cutting off the table," said Peter Dunay, chief investment strategist at Meridian Equity Partners. "The Fed is basically going to take the bad loans off the banks' books, and the market seems to be loving that idea."

Well there you have it! Your government hard at work once again it give it to right in the ass. Why not give that money to the people who were screwed by these same banks? Yes let's give it to the same guys who live large on the backs of the little. What a great idea this was oh and guess who will wind up paying for it in the end. You!