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Showing posts with the label economy

Help me with this.

I'm no economist, so there are a lot of things that don't make sense to me. Consider this: ... with uncertainty about the auto sector, the Fed's policy meeting on Monday and Tuesday will also remain in focus. The central bank is expected to lower its benchmark fed funds rate by a half-percentage point to 0.5 percent . That's great for people with adjustable-rate mortgages, since their payments will go just about as low as they can. Meanwhile, credit card interest rates are still in the 15 to 22 percent range. Why? What it tells me is that our government is in the back pocket of the credit card companies. If not, then how can you explain the fact that the Fed is lending money out at almost zero percent and Citibank and your local department store are charging 18 percent? I can't be the only one who wonders about stuff like that. Our government is in a big hurry (supposedly) to help banks and auto makers, but the real catastrophe is going on with people paying 20 p...

Find the short fat guys and tell them we have pants!

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I had to do something today that I haven't done in a while - buy a pair of dress pants. I have a wedding to attend on Saturday. It's the wedding for the guy we took to New York and Philly two weeks ago . I went to a lot of weddings when I was younger. As we age, we find ourselves attending more funerals than weddings. And since I've had the same job for the past 15 years, and don't get out much, I haven't had an opportunity to trot out the sport coat in quite some time. Like most of my clothes, it still fits. I'm kind of proud of that. Whenever I shop for pants, I'm surprised at the availability of the 40W 30L pants on the rack. There was literally one pair of Calvin Klein black dress pants in my size, which is significantly different than 40 x 30. Lucky for me they fit and they were less than fifty bucks. No outfit is complete without a nice necktie. Most of mine have cartoon characters on them, so I felt it might be necessary to find one that wouldn...