Cake or Death: It's like adding fuel to the fire...

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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Sunday, February 12, 2006

It's like adding fuel to the fire...

The other CoD is right... the Kos kids and DU are going to eat this one up.

Harry Whittington, 78, was “alert and doing fine” after Cheney sprayed him with shotgun pellets on Saturday while the two were hunting at the Armstrong Ranch in south Texas, said property owner Katharine Armstrong.

[...] Whittington shot a bird and went to look for it in the tall grass, while Cheney and the third hunter walked to another spot and found a second covey.

Whittington “came up from behind the vice president and the other hunter and didn’t signal them or indicate to them or announce himself,” Armstrong told the Associated Press in an interview.

“The vice president didn’t see him,” she continued. “The covey flushed and the vice president picked out a bird and was following it and shot. And by God, Harry was in the line of fire and got peppered pretty good.”

Yeah, I bet he did... Well at least no one's dead. According to the article the shot just "knocked Harry silly." Yeah, I hear buckshot in the side has a tendency to make you act kinda loopy.

You're killing me Cheney...

Sigh...

UPDATE: Scott Adams at Dilbert Blog takes the Cheney shoots the lawyer bit to the next level

Vice President Cheney explained the shooting this way: “I was tracking a covey of quail with my gun barrel. Suddenly Whittington just popped up from the grass, directly in the way, so I shot him. I know my critics on the left will point out that Whittington is not a bird, but he was between the quail and my gun. My feeling is that when you harbor a quail, it’s the same as being one.”

A medical team quickly tended to the wounded man, much to Cheney’s disappointment, as the Vice President had already told friends he planned to mount Whittington's head over the toilet in his upstairs powder room.

Go through the comments too. Some are hysterical... When does lawyer season open, the Quayle-quail connection, and the big shot lawyer...

Too funny.

Link to me! Posted by jwookie : 2:14 PM

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