Cake or Death: And now everyone's favorite weekly post... Hot Wing Conspiracy Fantasy Baseball!

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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Thursday, July 13, 2006

And now everyone's favorite weekly post... Hot Wing Conspiracy Fantasy Baseball!

Yea!

And double yea because last week I actually got to pound Repubs Lost in SD after some rather miserable totals in the previous weeks. GOP and College has the official round up:

Wookies Will Win - 10
Repubs Lost in SD - 2
Haha, Wook...I had a better game than you! And yes, I know it's going to haunt me come playoff time. And Repubs might have lost in South Dakota, but SD's having one of the worst seasons ever. With their last win being against CZC in week 6!
Game MVP - Jermaine Dye - 5 Home Runs, 11 RBI's, 7 Runs, and a .379 average. Any Doubt?
Game Wash-Out - Prince Fielder - 1 run, 3 RBI's and 10 fans that week, with a .111 average. Yuck

GOP and College's gloating about posting an 11 to my 10 aside, I'm perfectly happy with my score. Although as lopsided as the score was, Repubs put up a darn good fight. He'd have had a good shot at an overall win if he'd been matched up against most other teams in the league. Just bad luck for him this week, and good for me. It gives my first place ranking a 3 game cushion and this week's schedule helps me even more. I'm playing the 9th ranked team (Galt's still over .500 though so it's certainly not a gimme) and the other top ranked teams are all playing each other: #2 vs. #3, #4 vs. #5, and #6 vs. #7. Tough matchups around the league this shortened week; there's only a few games today and full slate for Friday, Saturday, and Sunday to make up week 15's matchups.

If your reeeeaaaally bored, check out previous Hot Wing Conspiracy round ups...
Week 13 Recap
Week 12 Recap
Week 11 Recap
Week 10 Recap
Week 9 Recap
Week 8 Recap
Week 7 Recap
Week 6 Recap
Week 5 Recap
Week 4 Recap
Week 3 Recap
Week 2 Recap
Week 1 Recap
Intro to HWC Baseball

Link to me! Posted by jwookie : 4:02 PM

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