Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Jim McMannis who wrote (180271)	1/28/2009 2:15:57 PM
From: Smiling Bob	Read Replies (2) \| Respond to of 306849

The urgency of this is much more pressing than the prior bailout The problem and concern is the (mis)management of either. Listen for a hissing sound? DJ Text Of Federal Reserve's Interest Rate Decision NEW YORK (Dow Jones)--The following is the text of the Federal Reserve's decision on interest rates released Wednesday, Jan. 28: The Federal Open Market Committee decided today to keep its target range for the federal funds rate at 0 to 1/4 percent. The Committee continues to anticipate that economic conditions are likely to warrant exceptionally low levels of the federal funds rate for some time. Information received since the Committee met in December suggests that the economy has weakened further. Industrial production, housing starts, and employment have continue to decline steeply, as consumers and businesses have cut back spending. Furthermore, global demand appears to be slowing significantly. Conditions in some financial markets have improved, in part reflecting the government efforts to provide liquidity and strengthen financial institutions; nevertheless, credit conditions for households and firms remain extremely tight. The Committee anticipates that a gradual recovery in economic activity will begin later this year, but the downside risks to that outlook are significant. In light of the declines in the prices of energy and other commodities in recent months and the prospects for considerable economic slack, the Committee expects that inflation pressures will remain subdued in coming quarters. Moreover, the Committee sees some risk tat inflation could persist for a time below rates that best foster economic growth and price stability in the longer term. The Federal Reserve will employee all available tools to promote the resumption of sustainable economic growth and to preserve price stability. Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: djnewsplus.com. You can use this link on the day this article is published and the following day. (END) Dow Jones Newswires January 28, 2009 14:15 ET (19:15 GMT) Copyright (c) 2009 Dow Jones & Company, Inc.- - 02 15 PM EST 01-28-09

To: Jim McMannis who wrote (180271)	1/28/2009 2:24:09 PM
From: NOW	Respond to of 306849

not one moment to spare: the asteroid is on a collision course; run for your lives!

To: Jim McMannis who wrote (180271)	1/28/2009 2:25:39 PM
From: bentway	Read Replies (1) \| Respond to of 306849

"Please pass the roast pork?" Isn't this political crap that has nothing to do with RE?

To: Jim McMannis who wrote (180271)	1/28/2009 9:26:48 PM
From: The Reaper	Read Replies (1) \| Respond to of 306849

No, no, you've got it all wrong. Barbara Boxer got her mug in front of a microphone and stated that there was ZERO earmarks in the House bill. Said it with a straight face. I don't know why she is commenting on a House bill when she's a senator. And as far as a new atmosphere of bipartisanship... We won. We wrote it. - Nancy Pelosi