• 11 Sep 2007 at 11:22 AM
  • The Fed

Bernanke’s “Move”

stop short.JPG
The unintentional Seinfeld reference that made us giggle today – Bernanke’s move on the U.S. economy is to stop short, emulating great central bank economists and driver’s seat molesters. Bernanke didn’t offer any inkling that rates would be cut at the September 18 FOMC meeting, disappointing Wall Streeters convinced that their whining was driving the Fed’s actions.
Many economists think the Fed will cut rates, but are arguing over the extent of the rate cut. Bernanke provided little clarity. More, from the Journal:

Comments Monday by San Francisco Fed President Janet Yellen and Fed Governor Frederic Mishkin seemed to make the case for a half-point reduction, Fed watchers said. In contrast, remarks by Atlanta Fed President Dennis Lockhart and Dallas Fed President Richard Fisher seemed to lean toward a quarter percentage point cut, analysts said. Wall Street was thus looking to Mr. Bernanke to break the tie, which he didn’t do. Mr. Bernanke’s speech is the last scheduled by a Fed official before the Sept. 18 FOMC meeting, meaning investors are likely to confront that meeting with much more uncertainty than they’re used to having.

Bernanke Speech Offers No Rate Clues [Wall Street Journal]

Comments (12)

  1. Posted by Anonymous | September 11, 2007 at 11:30 AM

    I’m eager to know what FMOC stands for Mr. Hahn

  2. Posted by KH | September 11, 2007 at 11:33 AM

    it stands for typo, anonymously awesome commenter

  3. Posted by Anonymous | September 11, 2007 at 11:35 AM

    11:30 Anon.
    Die.

  4. Posted by He who found the typo and lived to tell about it | September 11, 2007 at 11:44 AM

    Thanks, that just bothered me a lot. Seriously though, a lot of us are anal bastards. You should look into getting a proofreader or something. I be willing to click on a lot more of your ads in exchange

  5. Posted by Mr. Wizard | September 11, 2007 at 11:46 AM

    Keith:
    Is Bess as attractive as all of the Dealbreaker readers wish her to be.
    Leave two typos in in your next post for yes.
    One typo for no.

  6. Posted by Anonymous | September 11, 2007 at 11:46 AM

    Or maybe I’m the only anal bastard…

  7. Posted by Anonymous | September 11, 2007 at 11:48 AM

    There are usually considerably more typos…does her attractiveness increase proportionately with the number of typos?

  8. Posted by Captain Stabbin | September 11, 2007 at 11:53 AM

    I have seen a picture of bess and lived to tell about it. She looked pretty tan, cute, nice full lips (the ones on her mouth pervs).
    Unfortunately I have yet to have the distinct pleasure of seeing the rest of her, butt I imagine that its only a matter of time esp if we ever actually get her out to educate her about the wonderful game that is football.

  9. Posted by Careful what you wish for | September 11, 2007 at 12:06 PM

    Before you throw stones “He who found…” check your own work …

  10. Posted by Anonymous | September 11, 2007 at 12:13 PM

    He who found the typo and lived to tell about it: you are a buffoon. You waste space commenting on DB typos and then make your own in the same post(unless of course “I be willing…” is acceptable English at whatever community college you attended). You should spend more time as an “anal bastard” somewhere else.

  11. Posted by repeatingofcourse | September 11, 2007 at 12:56 PM

    Although one of them is getting paid to write intelligible articles, the other not.

  12. Posted by The Fake Jerry Seinfeld | September 11, 2007 at 4:13 PM

    Frank: Where’s your friend Kramer?
    Jerry: I don’t know. Why?
    Frank: Because I’m looking for him. That’s why. He stopped short.
    Jerry: What do you mean?
    Frank: In a car, with my wife. He stopped short. You think I don’t know
    what that’s about? That’s my old move! I used it on Estelle forty years
    ago! I told everybody about it! Everybody knows! [Demonstrates] Hmmph! I
    stopped short.
    Jerry: Really, stopping short. That’s a good move.
    Frank: You’re not kidding it’s a good move!
    [Kramer walks in.]
    Kramer: Hey.
    Jerry: Hey.
    Kramer: Hey, Frank.
    Frank: Don’t Frank me! I know what you did. How dare you stop short with
    my wife!
    Kramer: C’mon, Frank, relax. I don’t even know what you’re talking about.
    [Frank backs Kramer into the table, knocking the Fusilli Jerry to the floor]
    Frank: You think I don’t know, Assman?!! To think I almost split the
    profits on the Manssierre with you.

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