October 5, 2006

October 2, 2006

September 22, 2006

  • Chicago Bulls

     Anyone wanna go to some Bulls games this season?  I'm gonna buy about 4-6 games worth... I think maybe 4 tickets per game..  hit me back - should be about $55 per game. 

    GO BEARS!!! GO BULLS!!!

    WhiteSox you disappoint me, but thanks for last year. goodbye.

September 13, 2006

August 24, 2006

  • WORD

    "Fortunately, for the prospects for future dollar inflation, further declines in the dollar are not very likely and future world growth will taper off. But far more important for the future of inflation than these transitory phenomena is the absolutely stellar policy of the Federal Reserve in controlling the rate of growth of the monetary base. Fed policy couldn't be better.


    The Fed's primary policy instrument is its control over the monetary base, which is comprised of currency in circulation and member bank reserves. The Fed creates a lot of hoopla making pronouncements about targeting the federal funds rate, but the long and the short of it is that the Fed is neither a borrower nor a lender in the federal funds market. In times past, the Fed did use the discount rate and loans through the discount window as a policy tool, but no longer. Changes in the federal funds target rate are basically a reaction to changes in the 91-day Treasury bill yield and not a signal of prospective policy. The monetary base, however, is the key to Fed policy and future inflation.


    It is here where the Fed has deliberatively and purposively kept the reins on inflation during a rather turbulent time. The Fed not only avoided a massive financial catastrophe in the aftermath of the 9/11 attacks, but has also maintained tight control over the monetary base as the economy strengthened and the dollar fell. In the nearby chart is a plot of the log of the monetary base since early 2001. The spike in the monetary base circa Sept. 11, 2001, reflects the Fed's wisdom to discount freely in times of crisis and then remove that excess monetary base when the crisis is over to avoid inflation.


    Post-9/11, the Fed has gradually lowered the growth rate of the monetary base to offset any tendencies for inflation to get a foothold as the dollar fell and world growth surged. The job the Fed has done has been flawless, nothing short of amazing. Walter Bagehot would have been impressed were he alive today. And the financial markets know it. "


    word to yo motha

August 23, 2006

  • Ok, so i feel horrible i lost my expensive ass nokia 8801 at my
    favorite restaurant last week... i juss forgot it and then went to go
    back to get it and apparently, the waiter and bus boys didnt know what
    i was talking about... bull#$%@!!!  I felt so lost and out of touch
    from the world, even tho it was just one night... but still... so i got
    a $20 Motorola phone the next day with bluetooth and i immediately
    bought a new phone by Samsung... the sgh-x820. 

    It has 2.0
    megapixel camera, bluetooth, sharp wide-screen, 80mb, mp3 player,
    fiberglass infused plastic, and a Microsoft doc viewer.  Oh and its the
    thinnest phone in the World!!!  it cost me so much less than my
    Nokia...

    i love samsung, im gonna buy my plasma AND DLP from them!

     

     

     

      

August 21, 2006

August 10, 2006

  • yay

    hey xanga,

    it feels good to workout.  i love it.  At least 3 times a week is my goal.  I'm going to dallas this weekend to see my sugar plum, so I'll catch you later xanga banga...

    weez-owwww

August 8, 2006

  • Hi Xanga,

    Today I went to work and I sat in some meetings.  I had a sandwich from Jimmy John's.  It was good, it definitely hit the spot.  So overall, it was a pretty good day.