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by bah
October 15th, 2008, 11:24 pm
Forum: General Chat
Topic: The Economic Crisis
Replies: 288
Views: 15917

Re: The Financial Crisis

I suppose the recent bout of government intervention will calm things down in the markets for a while.
I suppose not anymore.
by bah
October 13th, 2008, 6:13 pm
Forum: General Chat
Topic: The Economic Crisis
Replies: 288
Views: 15917

Re: The Financial Crisis

I suppose the recent bout of government intervention will calm things down in the markets for a while.
by bah
October 8th, 2008, 5:19 am
Forum: General Chat
Topic: The Economic Crisis
Replies: 288
Views: 15917

Re: The Financial Crisis

Latest news: The Federal Reserve lowers the Federal Funds rate from 2% to 1.5%.
Stock market futures move into the positive in response.

What say you?
by bah
October 7th, 2008, 1:15 pm
Forum: General Chat
Topic: The Economic Crisis
Replies: 288
Views: 15917

Re: The Financial Crisis

Apparently, the rescue plan didn't do much yet. Stock market tumbles. Dow Industrial Average has lost 1,400 points in 5 sessions. Federal Reserve hints at cutting the interest rate. Federal Reserve is pumping liquidity into the financial system in historically unprecedented rates. Federal Reserve is...
by bah
October 1st, 2008, 8:37 pm
Forum: General Chat
Topic: The Economic Crisis
Replies: 288
Views: 15917

Re: The Financial Crisis

The Senate passes a modified rescue plan that includes an increase in the FDIC limit to 250,000 dollars and tax cuts for individuals and businesses that use renewable energy, like solar panels. The House votes on this on Friday. http://money.cnn.com/2008/10/01/news/economy/senate_rescuebill2/index.h...
by bah
September 29th, 2008, 2:40 pm
Forum: General Chat
Topic: The Economic Crisis
Replies: 288
Views: 15917

Re: The Financial Crisis

The House of Representatives refuses to pass the bill.

The Dow Jones Industrial Average drops 777.68 points, the biggest absolute drop ever.
by bah
September 24th, 2008, 11:48 pm
Forum: General Chat
Topic: The Economic Crisis
Replies: 288
Views: 15917

The Economic Crisis

In fact, some of the most basic details, including the $700 billion figure Treasury would use to buy up bad debt, are fuzzy. "It's not based on any particular data point," a Treasury spokeswoman told Forbes.com Tuesday. "We just wanted to choose a really large number." http://www.forbes.com/home/20...
by bah
August 29th, 2008, 3:39 pm
Forum: General Chat
Topic: 2008 US Presidential Election Thread
Replies: 158
Views: 13749

Re: 2008 US Presidential Election Thread

John McCain picks Sarah Palin, governor of Alaska, as his running mate.
by bah
August 22nd, 2008, 10:28 pm
Forum: General Chat
Topic: OLYMPICS!
Replies: 45
Views: 4336

Re: OLYMPICS!

I also find the US's way of ranking by total number of medals quite silly. The rest of the world ranks by gold medals first.
by bah
August 22nd, 2008, 10:27 pm
Forum: General Chat
Topic: 2008 US Presidential Election Thread
Replies: 158
Views: 13749

Re: 2008 US Presidential Election Thread

Barack Obama's running mate is Joe Biden.

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