Wednesday Links
Waverley Ave. Graffiti. Photo by brewpez. Markets Soar After Fed Cuts Key Rate by a Half Point [NY Times] Will the Fed Reverse the Housing Slump? [NY Times] Brockovich Hits Exxon Over G’point Spill [NY Daily News] Cabbies Warn of Another Strike Coming [NY Daily News] Brooklyn Library Eyes Private Funds [NY Sun] Crown Heights…
Waverley Ave. Graffiti. Photo by brewpez.
Markets Soar After Fed Cuts Key Rate by a Half Point [NY Times]
Will the Fed Reverse the Housing Slump? [NY Times]
Brockovich Hits Exxon Over G’point Spill [NY Daily News]
Cabbies Warn of Another Strike Coming [NY Daily News]
Brooklyn Library Eyes Private Funds [NY Sun]
Crown Heights Plans 1st House Tour [Brooklyn Eagle]
For ’08, Towns is Sitting Pretty [City Hall News]
Crappy Primary Turnout [McBrooklyn]
Exactly 12:38. You are asleep at the wheel.
Re: Rate Cut
Maybe they’re trying to postpone the day of reckoning to another October ‘black’ day (i.e. 1929, 1987).
Yawn.
Woodrow Wilson signed the 1913 Federal Reserve Act. A few years later he wrote: I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the civilized world no longer a Government by free opinion, no longer a Government by conviction and the vote of the majority, but a Government by the opinion and duress of a small group of dominant men.
Woodrow Wilson
Good day sheep. Ben Bernanke is wall street bitch. Commodity prices are soaring. Your money lost value yesterday, things will get more expensive. By the way if you think the cut will help you, you are sadly mistaken.
The rate cut showed me how weak the system is. It’s only a matter of time . Real estate is cooked. RIP Mutant Real Estate Bubble.
The What