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by bah
March 17th, 2009, 10:33 am
Forum: General Chat
Topic: The Economic Crisis
Replies: 288
Views: 15934

Re: The Economic Crisis

All shall be well in the future? :D

Bernanke was interviewed by 60 Minutes:

The Chairman, Part 1: http://www.youtube.com/watch?v=odPfHY4ekHA
The Chairman, Part 2: http://www.youtube.com/watch?v=e0zY8o0laZY
by bah
February 28th, 2009, 10:03 pm
Forum: General Chat
Topic: The Economic Crisis
Replies: 288
Views: 15934

Re: The Economic Crisis

Time for the funnies:

A sociologist walked up to an economist and said, "Would you be so kind as to give me a dollar for a sandwich?" The economist replied, "I don't know; let me see the sandwich."

:lol: :lol: :lol: :lol:
by bah
February 19th, 2009, 8:33 pm
Forum: General Chat
Topic: The Economic Crisis
Replies: 288
Views: 15934

Re: The Economic Crisis

Hmmm, so yeah. Stuff happened I guess. I tend to think in classical rational terms.... so the whole government intervention business is highly non-intuitive for me.... Why must we help people that are getting their homes foreclosed? In my way of thinking... foreclose on the homes...the banks dump th...
by bah
February 7th, 2009, 7:33 pm
Forum: 2009 Invitationals, Regionals, and States
Topic: Western Long Island, NY
Replies: 115
Views: 11824

Re: Western Long Island, NY

What did Bellmore JFK get?
by bah
February 7th, 2009, 7:27 pm
Forum: 2009 Invitationals, Regionals, and States
Topic: Western Long Island, NY
Replies: 115
Views: 11824

Re: Western Long Island, NY

Hmmmm, what are the results for Western Long Island regional?
by bah
January 14th, 2009, 6:32 pm
Forum: General Chat
Topic: The Economic Crisis
Replies: 288
Views: 15934

Re: The Economic Crisis

UPDATE. It seems the banks are in trouble again. Bank of America needs more government money to digest its recent acquisition of Merrill Lynch. Citigroup is basically breaking up. Morgan Stanley thinks HSBC needs more capitalization and the general view that it is a strong, stable bank is exaggerated.
by bah
January 3rd, 2009, 11:00 pm
Forum: Feedback
Topic: Site features? [2]
Replies: 87
Views: 6807

Re: Site features? (again)

Not really a feature... but I changed the site favicon to a new sleek design.

Enjoy! :D
by bah
December 16th, 2008, 11:38 am
Forum: General Chat
Topic: The Economic Crisis
Replies: 288
Views: 15934

Re: The Economic Crisis

The Federal Reserve has cut the Federal Funds rate to a range of 0 to 0.25 %. This is unprecedented action. For one, they've never target a percentage range. For another, this target is at the lowest ever in the Fed's history. The Federal Reserve says that "labor market conditions have deteriorated,...
by bah
December 12th, 2008, 1:24 pm
Forum: General Chat
Topic: The Economic Crisis
Replies: 288
Views: 15934

Re: The Economic Crisis

14 billion dollar package for the auto companies failed in the Senate. The White House jumps in and plans to use TARP money to prop up the companies.

What say you?
by bah
December 2nd, 2008, 8:59 pm
Forum: General Chat
Topic: The Economic Crisis
Replies: 288
Views: 15934

Re: The Economic Crisis

I present the Kondratieff Winter Inverse Pyramid: http://img234.imageshack.us/img234/3341/droppedimagexf4.jpg I'd say we are in the Treasury Bills region now. When we are in a credit expansion phase, we climb up in the pyramid. When we are in a credit contraction phase, which is happening now, we mo...

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