Cake or Death: Zarqawi is live blogging the elections

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.'"

Past Headlines

See who links to me!

Site Meter

Thursday, December 15, 2005

Zarqawi is live blogging the elections

I don't know how Iowahawk gets these high profile guests, but as always it's well worth reading about how the average terrorist spends election day.

12:36 CST
Okay, I called a meeting of my direct reports in the Assad Conference Cave and asked 'em for an mayhem update. "Abdul? Tariq? Anyone?" Except for a few flies, freaking dead silence. And I'm like, "What do I pay you fuckers for?" and all they can do is stand there and study their flip-flops. So I go back to Pajamas Media, thinking maybe they'd have some bloody torso shots, whe I see this.

Women voting? In fargin' burqqas?? I mean, hellooooo, Planet Dar Al-Islam, is there any intelligent life down there? Holy Fucking Prophet, what's next -- not stoning homos?

The whole thing was such a buzzkill I decided to go home for lunch. My sons were all off at madrassa and the only wife at home was the fat one, Fatima, who was watching the stupid non-son shorties who all need expensive hijjabs and farkin' dowries. Anyway I think I kind of freaked Fatima out, she said something about the other wives "doing errands."

So I'm sitting at the table, telling her about the donkey crapstorm, and the old man, and the voting chicks, and she's like "mmm hmm," while she's frying up some chick peas. Then she comes over to the table with the pan and I notice something odd: she's got a purple finger.

She gives me this sheepish look from her eye slit, and she says it was "a burn from kitchen accident."

I don't know, dude. Something weird is going on around here.

And then there's the video with the donkey... Go read the whole thing, it's too funny.

Link to me! Posted by jwookie : 1:52 PM

|

<< Home