Rattner: Fed Action Won't Help Economy

There's nothing the fed can do to change the course of the economy before the election - that according to former car czar Steve Rattner, responding to news that more stimulus is being considered.

They're more on the margins, they're more to try to signal that the fed is doing something - and there's certainly nothing that's going to get done that's going to change the trajectory of the economy between now and election day.