Cake or Death: Now that's why I don't watch CNN...

Al Gore says global warming is YOUR fault!
"He betrayed this country! He played on our fears!"
You don't say...

September 18th, 2007

Fed Cuts Benchmark Rate Half Point, Seeking to Forestall Recession in U.S. - "The Federal Reserve lowered its benchmark interest rate by a half point to 4.75 percent, the first cut in four years, to protect the U.S. from sinking into a recession sparked by fallout from the housing-market collapse. 'Today's action is intended to help forestall some of the adverse effects on the broader economy that might otherwise arise from the disruptions in financial markets,' the Federal Open Market Committee said in a statement after meeting today in Washington. The central bank will 'act as needed to foster price stability and sustainable economic growth.' Stocks surged, two-year Treasury notes rose and the dollar fell to a record low against the euro. The larger-than-forecast reduction suggests Chairman Ben S. Bernanke is prepared to leave himself open to criticism that he's rescuing investors from bad decisions for the sake of saving the six-year expansion."
U.S. Producer Prices Drop More Than Forecast; Foreclosures on Homes Double - "The 1.4 percent decrease, the biggest since October, followed a 0.6 percent increase in July, the Labor Department said today in Washington. So-called core prices, which exclude fuel and food costs, rose 0.2 percent after a 0.1 percent gain the month before. Slower inflation gave policy makers room to cut their benchmark rate today in an effort to sustain the expansion in the face of a housing recession. A drop in fuel expenses pushed prices down in August and cooling economic growth will continue to restrain raw-material costs, economists said."

September 14th, 2007

U.S. Retail Sales, Output Rise Less Than Forecast, Adding to Rate-Cut Case - "The 0.3 percent increase in sales during August followed a revised 0.5 percent gain in July, the Commerce Department said today in Washington. Purchases excluding automobiles unexpectedly fell 0.4 percent. Production gained 0.2 percent, with factory output declining for the first time since February. While a report from the University of Michigan and Reuters Group Plc showed consumer confidence increased, their sentiment index remained near the lowest level in a year. Treasury notes rallied after the retail sales and production reports, before losing the gains."

September 13th, 2007

Greenspan Says He Didn't Foresee Credit Rout, Endorses Bernanke, CBS Says - "Current Fed Chairman Ben S. Bernanke 'is doing an excellent job,' Greenspan said in an interview on the 60 Minutes program, according to excerpts e-mailed by CBS today. The show is scheduled to air on Sept. 16, a day before the publication of Greenspan's book, 'The Age of Turbulence.' The remarks come amid criticism among some investors that Bernanke has failed to be as forceful as his predecessor in responding to financial turmoil. Greenspan in 1998 cut interest rates three times after a Russian debt default rippled through global markets. Bernanke's Fed has refrained from lowering its benchmark so far, relying on other tools to provide liquidity."
Commercial-Paper Market Decline in U.S. Slows as Concerns Over Credit Ease - "U.S. stocks rose and Treasuries fell after the Federal Reserve reported short-term debt dropped by $8.2 billion, compared with a decline of $31.3 billion a week earlier. That coincided with Countrywide Financial Corp. obtaining new financing and banks finding buyers for loans to fund Kohlberg Kravis Roberts & Co.'s buyout of Alliance Boots. Issuers with the biggest chance of default had stopped trying to sell commercial paper, rekindling appetite for short- term debt, said Tony Crescenzi, chief bond market strategist at Miller Tabak & Co. in New York. 'Investors have already pushed out the weakest issuers,' Crescenzi said in an e-mail. 'The commercial paper that remains is a relatively more respected crop.'"

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Monday, November 21, 2005

Now that's why I don't watch CNN...

...because they're subliminally messing with your mind. I always thought it strange that after watching only 10 minutes of CNN I had an uncontrollable urge to take razor sharp shears and cut the tops off of shrubs and bushes... Hmmm? Apparently that's not a huge coincidence when you realize they're just putting a big target on the VP's head

At 11:04:45 AM ET Monday CNN was airing Vice President Dick Cheney's speech live from the American Enterprise Institute in Washington -- when a large black 'X' repeatedly flashed over the vice president's face!

The 'X' over Cheney's face appeared each time less than a second, creating an odd subliminal effect.

As this DRUDGE REPORT screen capture reveals, while one 'X' flashed over Cheney's face CNN ran a headline at the bottom of its screen: "CHENEY: I DO NOT BELIEVE IT IS WRONG TO CRITICIZE."

One top White House source expressed concern about what was aired over CNN.

"Is someone in Atlanta trying to tell us something?"

A CNN spokesman did not return repeated calls late Monday night.

Just imagine the tragedy that would have been narrowly averted had I been trimming the hedges and if Reggie Bush had stopped by Saturday before his big game against Fresno State.

I shudder at the thought... and I don't think Hugh would have been strong enough to resist these powerful Jedi mind tricks sent by the emperor himself, Ted Turner. Oh how Hugh loathes the Trojans.

UPDATE: Uh-oh Michelle's got it now... It's so on! I hope CNN's ready for the onslaught on this one. She's got phone numbers, emails... the whole nine yards.

UPDATE 2: Looks like it may have been accidental after all. Oops. My bad.

Link to me! Posted by jwookie : 8:26 PM

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