Archive for January 30th, 2008

The Federal Reserve Drops Interest Rates by 1/2 a Point

Today, Yahoo! News reported (via the Associated Press) that The Federal Reserve dropped interest rates by half a point instead of the assumed three-quarters of a point. This is in hopes of the economy bouncing back from a recession that most news outlets have been anticipating on occuring for at least 2 months now. Around the world, the economies of other nations have started a downturn as well because of talks of a recession here in The U.S. The AP also reported that this definitely would not be the last time in the near future that The Federal Reserve may have to drop interest rates.

With all this talk of dropping interest rates and government rebates circulating for the past few weeks, is it now safe to say that The U.S. is in the grips of a recession?

Random Thought of the Moment: “You wanna stop the recession? How about a national cap on gas prices?”

The Song of the Moment: “The One That Got Away” by Johnta Austin

I’ve Come to Terms With The Fact That…

I am a private person. I was just thinking about something that Best Friend A, Best Friend Q and I were conversing about a few months back. They told me that they felt as if they didn’t know me. This was coming from two people that I had known for 11 and 10 years respectively. And it honestly left me confused as all hell. Read more »

BET’s Top 25 Events that Mis-shaped Black America

25. The Jheri Curl

24. Hurricane Katrina

23. The N-Word

22. CoIntelPro

21. Elvis

20. Negative Hip-Hop Read more »

A Day in the life of a Haitian…

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Have you heard about this story from Yahoo! News? As a person of partial Haitian decent, this really hurts my heart. We all say that the economy is starting to drop here in the states, but in underdeveloped countries such as the one my dad immigrated here from (Haiti) the rising costs of food and energy have pushed their country farther into despair… How did we go from being the richest country in the Western Hemisphere, to an impoverished 3rd World Nation?

Random Thought of the Moment: “I still need to run past Target one of these days lol..”

The Song of the Moment: “Lean On Me” by Bill Withers