Federal Funds Rate remains near zero - Collegenews.: "Federal Funds Rate remains near zero
FOMC keeps rate at the same low level it has been since December 2008
by: Heather Linich
On Wednesday, the Federal Reserve announced it would keep the federal funds rate in the 0-.25% range. The federal funds rate is the rate at which banking institutions lend to each other overnight.
The lower the rate, the more money is available in the economy due to more of a willingness to borrow. The federal funds rate has been at this historic level since December of 2008, according to the Board of Governors of the Federal Reserve System.
In its statement, the Federal Open Market Committee (FOMC) said that while the economy is beginning to show signs of being on the mend, they will continue to keep the fed funds rate low. They also repeated a portion of their statement from a meeting earlier in the year that the current economic conditions are"
Thursday, November 5, 2009
Dollar+Dream+Faith+Forgiveness=When WE get There
Before it was all about me, me, me ,me ,me. Then one day I got sick of saying me. J. Cole said it best when he said "I got a Dollar and a Dream, real Nikkas on my team". I have come to the point where Im not selfish, like if your one of my friends and your goals are set on goin far in Life in what ever you do then we are best friends. The only people who are holdin it down right is only half of the fam...honestly. Im not gonna worry about everyones problems and carry them, I have my own things to deal with, I am always the one who everyone goes to for answers, and I use to wonder who do I go to for my questions. Sometimes your friends speak the truth when they are not speaking the truth. Everything I do is gonna be REAL, and I choose to stay away from Phony's. Sometimes I feel like resenting everyone who ignores me or take me serious. But if I did that I would not be much better than them. So we are gonna keep it movin "The League"...has such a nice ring to it, like the NBA or NFL or sumthing, when you hear league you think of the best. My team is a team of Angels, and we are praticing for the season right now, but when the season starts we can pass the rock to each other and everyone can score. I could choose to do this by myself...which I can but I want to make history in a different way so The League is what we are gonna run, I can smell it just waitin to eat the meal. I never show stress, just becuase I am forever blessed.
-Mr. Ivee League
Illmatic Fitts
Dolce: Fashion Shows: GQ: "Designers: Domenico Dolce and Stefano Gabbana
Owned By: Private
Founded: 1982, Milan
History: In 1990, six years after showing their first women's collection, Dolce and Gabbana debuted their men's line in Milan. It's been a steady quest for fashion world domination—with jeans, shoes, accessories, fragrances, and the diffusion line D&G—ever since. Across the board, the duo's offerings tend to exhibit equal parts flash (leopard-print scarves, Studio 54-worthy blazers) and finesse (impeccably tailored suits, sleek button-downs, luxe leather goods)."
My Brain is Incarcerated
Pleasant Walks by Mario Sughi: "Pleasant Walks by Mario Sughi
by sabine7 / November 5, 2009
The people in Mario Sughi's vivid illustrations seem to be living a technicolour, minimalist lifestyle. Evocative at times of David Hockney's work, these are images of consuming couples, sporty young people and languid moments. The leisure class is under Sughi's microscope and gets served back up to us in many different flavours. Sughi's style is saucy and leaves an undercurrent of mystery in the seemingly simple narrative under all those layers of colour."
One time for your mind
Anton Repponen’s OZO Watch | flylyf: "The OZO watch is a cool concept by Russian designer Anton Repponen. It features a nice layout with the hours and minutes placed in two wheels, which display the current time when they meet in the middle between a trapezoid shape that centers the time"
MAN! THESE ARE DOOOOPPPEEE!
Nike Auto Force 180 House of Hoops Exclusive | Highsnobiety.com: "Nike pushes out another color up in their autoclaved version of the Barkley-endorsed Force 180. Inspired by the OG Nike Air Force 180 Pump, these sneakers feature an era-specific design scheme. The black brick sole is dipped in a sky blue that sprays up over the heel panel and makes appearances throughout an otherwise black and white upper. Billed as a House of Hoops exclusive, these are now in at LTD."
I get Chips...Ruffles
Preen Line Fountain Cotton Jersey Dress | Highsnobette.com: "I always say that I have worn enough frills and ruffles in my earlier years to last a lifetime. Think of the cutest assortment of frills, lace and pastel poofiness with bows everywhere that is irresistible on a toddler then, imagine having to rock it at sixteen . Yes it was that intense. As , I ‘ve slightly recovered from my fear of frills and ruffles, I was won over by this jersey dress part of Preen’s diffusion line Preen line. The use the grey jersey is genius, allowing such an intricate construction to look fun, casual and even a little edgy. Made in pink tough I might have to run… Available at net-a-porter. More views on the next page."
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