From fen at richterscales.com Tue Sep 18 19:17:04 2007
From: fen at richterscales.com (People Who Love Men Who Sing.)
Date: Tue, 18 Sep 2007 16:17:04 -0700
Subject: [RS-Fen] Did Bernanke watch our music video?
In-Reply-To: <1190157164835.99d75e41-0743-4646-9dea-c600578faafb@google.com>
References: <1190157164835.99d75e41-0743-4646-9dea-c600578faafb@google.com>
Message-ID: <8aa491670709181617u197e9172m99fe6de2417a7b6b@mail.gmail.com>
These are the facts:
1. Last week, on September 13th, we (The Richter
Scales)
released our music video "Fine Line: Sub-Prime
Decline"on YouTube.
2. In said music video, at time index 01:29, we implore Ben Bernanke,
Chairman of the Federal Reserve, to "cut rates" by "50 bips."
3. The financial term "bips" is an abbreviation of "basis
points"(1/100th of a
percent). 50 bips would be half of one percent.
4. Today, the Federal Reserve lowered the key lending rate by
0.5%
.
These are the facts, and they are not in dispute.
Feel free to draw your own conclusions.
--
The Richter Scales: Men Who
Blog
http://www.richterscales.com
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