Archive for August, 2008

Olympics and Storms

Tuesday, August 26th, 2008

Well the Olympians, especially Phelps sure made us proud.  I have to admit to being a basketball nut and I got up to watch the 2:30 game vs. Spain.  It was one of the best games I have ever watched.  It was close right up to the last few minutes.  I was so happy for […]

Fay - You Could Have Been a Contender!

Wednesday, August 20th, 2008

Fay came through yesterday - lots of rain - not much wind.  I think this one was way overhyped.  Everything was closed around here - well except for your intrepid Bayside Bombers - we were here, business as usual.  Neither rain nor snow will stop your Bombers from their appointed - oh never mind.
This past […]

No Fed Hike - Gas Getting Cheaper

Tuesday, August 12th, 2008

Last week was packed with economic action: the Fed’s rate decision on Tuesday and the earnings reports of Fannie Mae and Freddie Mac stole the spotlight. The Federal Reserve left its benchmark rate unchanged at 2 percent, which was widely expected by the market. The tone of the policy statement was more passive than the […]

Greenspan - Please keep it to yourself!

Saturday, August 2nd, 2008

Alan Greenspan still plays the part of the sage. My choice of words is not accidental. The man soaked up the ridiculous assertions that he was somehow this learned Master of All Things Economic. He took to the stage, briefcase (or should I say prop) in hand and spewed the nebulous rhetoric of economics as […]