The weight on the Fed’s shoulders weighs more than my change jar
Hip Quote of the Day: “Rituals are important. Nowadays it’s hip not to be married. I’m not interested in being hip.” – John Lennon.
Wuss’up This Week: The biggest report that will sway rates comes out today at 1:15 CST when the Fed Meeting adjourns. This is a two day meeting where Ben Bernanke gets together with the other twelve members of the Federal Open Market Committee to discuss monetary policy. I can’t even imagine the level of boredom in that room. I know if I was on that committee, five minutes into the meeting my ADD would kick into auto-pilot and I’d just sit there and nod while daydreaming about being a rock star. I also know that Bernanke is going to announce he plans on buying more even more securities to keep the interest rates down. How long he can keep rates artificially low before inflation kicks in is anyone’s guess. But for now…he is the rock star.
Did’ja Know: A million $1 bills weigh 2,200 pounds. My savings account falls about 2,100 pounds short of this; but I do have my change jar at home which is over 30 pounds and that makes me happy because I know I can park anywhere in Chicago for at least 10 minutes without getting a ticket.
It’s That Time of the Month: This is an open invitation to all of you on Barry’s Blog to join us for the 8th Annual PERL Mortgage Mini Golf Tournament. We will be having a kickoff party on the 4th for drinks and to test the six-hole golf course in our office (from 6:00-8:00 PM). The big day will be Friday the 5th where from 6:00 AM – 7:00 PM you can stop by for prizes, food, drinks, prizes, golf, and fun prizes!
Hip Quote of the Day 2: “I’m a cool dad, that’s my thang. I’m hip. I surf the web, I text. LOL means laugh out loud, OMG: oh my god, WTF: why the face.” – Phil (Ty Burrell), Modern Family, 2009.
Timeout for Trivia: Congrats to all of you who correctly guessed Julia Roberts as last week’s answer. Want to be entered into a drawing to win a Starbucks $5.00 gift card? Simply email me the answer to this week’s Who Am I? question. Good luck: “Three days ago I turned 38. I’m a model: It was written that my print ad for shoes, “brought attention to the taboo nature of it while also weakening the taboo.” I’m a good host: I was singled out of a lot of women who auditioned to be the game show host. I’m an actress: My ’93 movie with Carmen won me Razzie Awards for Worst Picture, Worst Screenplay, and Worst Actress. I’m single: I don’t need any yes man in my life. I’m happy with my son and being an activist for him.”