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Historic Fed Move Cuts Both Ways for Borrowers
2008-02-01 03:44:00 Hot on the heels of the Fed’s inter-session rate cut of 75 basis points last week, they cut the rates again today, as they perceive we are most likely on the brink of a recession as they look to stem the tide in the face of a weak economy. The real beneficiaries from these cuts are mortgage ...
Historic Fed Move Cuts Both Ways for Borrowers-Tampa, Fl
2008-01-31 21:49:00 Historic Fed Move Cuts Both Ways for Borrowers Hot on the heels of its surprise inter-session rate cut of 75 basis points last week, the Federal Reserve cut key interest rates again, the fifth straight cut since September 2007. In its statement last week, the Fed said it had decided to cut the... Click on link above to read full story.
WIKIS: Net Egalitarianism Cuts Both Ways
2007-08-22 03:19:00 People lie on the Interweb. I know, it's hard to believe. I can remember when we used to tout the fact that three guys in a coffee shop could create a presence on the web that rivaled Fortune 500 companies. The Internet was our great equalizer in the world of ideas. Little did we know that as we quietly sipped our lattes that the big, bad industrial machine would use this very tool against us. Such is destined to be the legacy of the wiki. A Wired blog recently reported on how some in government and industry may be using the wisdom of crowds to sabotage what has become a grand experiment in data sharing, specifically, Wikipedia. While some of those contributing to the so-called WikiWatch may see a conspiracy behind every edit, the obvious abuses by some organizations makes one wonder if the open wiki model can survive....or could it be that some experts might actually believe they know a bit more than rank amateurs?- Hutch
THE PARTISAN BLADE CUTS BOTH WAYS
2007-02-23 23:24:15 Pollsters John Zogby and Scott Rasmussen have both predicted that Democratic Senator Robert Menendez will defeat Republican Tom Kean jr in New Jersey's Senate race.There is almost nothing in the internal race numbers to support their conclusion.The horserace lead has changed 6 times and now, barely 3 weeks from election day, Menendez is polling a pathetic 42%. Even when 'leaners' are included, Menendez cannot reach 45%, much less 50. His unfavorable number is a bewildering 46%. The Senator's favorable/unfavorable ratio is -1 while Kean's stands at +8.An incumbent polling 8 points below even, with a favorable/unfavorable ratio 9 points worse than his challenger and disliked by half the voters in his state?Toast?Absolutely and without a shred of a doubt....... in an ordinary election.So, how is it that both Zogby and Rasmussen have counted Kean out and predicted Menendez the victor, even as their own numbers show this as one of the two closest Senate races in America?Why do the n...
By: A NEWT ONE
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