In fact, since September of last year, the Fed has cut the Fed Funds Target Rate by 425 basis points, and the Discount Rate by 450 basis points. That’s almost 900 basis points in rate cuts within a 12-month span. That would be second only to 2001–the aftermath of the dot-com crash and 9/11–in rate cuts within a one year span.
Helicopter Ben is making the mother of all airdrops. Trouble is, he’s dropping a nuclear bomb on the economy, and we are going to pay the price.
is within the bra of a Massachusetts Democrat. Maybe she’ll get to do some time with Detoilet mayor Kwame Kilpatrick.
This is worth a read. My twisted side appreciated this:
A lot of Americans giggle when they see the German sign for “exit”: Ausfahrt. But as a sage friend commented, “Is there any other kind?” I also had a friend who thought Ausfahrt was a city, and she was amazed that so almost every German road led there.
The serious side of me just shook my head at this:
There is a McDonalds and a Burger King just outside the entrance to the memorial site for the Nazis’ Dachau death camp. (More on Dachau in another post.) Have they no sense of propriety?
I’ve had this crud, cold, virus, whatever the heck you wanta call it, for going on a week now.
I’m continuously amazed at how much snot one body can produce continuously in micro-minutes continuously throughout the day and continuously throughout the night continuously for days on end.
Have a great day.
Anyone planning to vote on Tuesday needs to read this.