December 6th
Sorry to do yet another one from me (we do have lots from froggers but more are still welcome - send them to pm@bbc.co.uk and put ADVENT in the subject line) but coming in early this morning, I thought you'd like this, taken at TV Centre...
1135 UPDATE: Apologies for the fact we have bloggy problems again. What I posted earlier stands...we hope to have a temporary fix before long. In the meantime...I'll let you know about the health of the blog today in this space. Don't want you getting maddening error messages.
1600 UPDATE: We think it might be working again!
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Listen to PM
Interesting aspect. No Christmas trees up on the wall yet then, like last year?
Been listening to Five Live breakfast for a change this morning.
Nicky is very amusing - especially when reading Mrs Darwins statement.
Thank goodnesss she has a memory :-)
Dear Eddie,
That's a lovely picture, thank you.
Now, will you be speaking with Alice Arnold about her naughty reference to you last night on Listen Against? She had me in stitches (but then I'm easily amused).
And, for those who missed it, you can Listen Again (and the reference to Eddie is in the closing moments).
502 502 What shall we do with 502
(Sung to the tune of Christmas Day)
Dear Eddie,
That's a lovely picture, thank you.
Now, will you be speaking with Alice Arnold about her naughty reference to you last night on Listen Against? She had me in stitches (but then I'm easily amused).
And, for those who missed it, you can Listen Again (and the reference to Eddie is in the closing moments).
Stumbled across this 30 year old man's blog.
It's very emotive and I've spent most of the morning reading through it. He is dying of liver cancer
This recent post is for his nephews.
As we await the expected cut in interest for banks (punters will expect an increase for personal debt),
a little perspective on the effectiveness (or not) of the strategy of such cutting from across the pond:
On Sept. 18, it practiced its cutting swing for the first time in over four years, lopping off half a point. Confident it had the hang of it, the Fed took another slice out of rates on Oct. 31, this time a quarter of a point. In both instances, stocks rallied in expectation of, and response to, the moves, only to fall back rather quickly.
More specifically, on Sept.18, the Standard & Poor's 500 index stood at 1519.78; it managed to get as high as 1565.15 on Oct.9, only to retreat to 1500.63 10 days later. When rates were lowered on Oct. 31, the S&P, again in anticipation, had been rallying for a couple of weeks and reached 1549.38. Alas and alack, by the end of November it was only 1481.14. In other words, today, two cuts later and despite last week's ferocious rally, share prices have yet to recover to where they were when the Fed began to hack away at interest rates.
Maybe the impact of next week's action will prove more enduring. Or maybe, as we've suspected for quite a while now, the vast and not always benign changes that have so transfigured the financial system in the past decade or so under the Fed's complacent watch and often with its encouragement, have robbed it of much of its clout.
Happy Christmas all you happy shoppers!
Bah! Humbug!
Scrooge McDuck
As we await the expected cut in interest for banks (punters will expect an increase for personal debt),
a little perspective on the effectiveness (or not) of the strategy of such cutting from across the pond:
On Sept. 18, it practiced its cutting swing for the first time in over four years, lopping off half a point. Confident it had the hang of it, the Fed took another slice out of rates on Oct. 31, this time a quarter of a point. In both instances, stocks rallied in expectation of, and response to, the moves, only to fall back rather quickly.
More specifically, on Sept.18, the Standard & Poor's 500 index stood at 1519.78; it managed to get as high as 1565.15 on Oct.9, only to retreat to 1500.63 10 days later. When rates were lowered on Oct. 31, the S&P, again in anticipation, had been rallying for a couple of weeks and reached 1549.38. Alas and alack, by the end of November it was only 1481.14. In other words, today, two cuts later and despite last week's ferocious rally, share prices have yet to recover to where they were when the Fed began to hack away at interest rates.
Maybe the impact of next week's action will prove more enduring. Or maybe, as we've suspected for quite a while now, the vast and not always benign changes that have so transfigured the financial system in the past decade or so under the Fed's complacent watch and often with its encouragement, have robbed it of much of its clout.
Happy Christmas all you happy shoppers!
Bah! Humbug!
Scrooge McDuck
The 502s are back!
Good strapline, Ms Cowan!
xxxx
ed
A submission of No Case To Answer has been upheld. It is doubtful whether any police officer or prosecutor will join the dole for this absurdity.
They should, you know - they really should.
We should enjoy the spectacle of such submissions while we can. The soi-disant, ersatz 'Scottish Government', now interfering in the decisions of the peoples' representatives on Aberdeenshire Council on account of them reaching the wrong decison about a golf course (a golf course? How Scotch is that?) is 'reviewing' them.
Welcome to Scotland - where the lairds still stand aye ready, to stamp on your face.
Good strapline, Ms Cowan!
xxxx
ed
Is the strapline authoriship evidence that Fifi is growing up? ;-)
Eddie - I wonder how we can stop the politicians we pay to create laws and the Chief Constables we pay to enforce those laws from being amongst the first to break them?
I love Eddie's tone.
Whilst talking with the gentlemen from Panama investigating Mrs Darwin, The journalist? said he could not find any trace of Mrs Darwin and Eddie replied,i'm para-phrasing, 'Do we know if she has a canoe?' EXCELLENT!!
Mr M @ 11
Excellent it certainly was
Even more so because Eddie clearly knew, and therefore didn't waste time asking, that given Mrs darwin's predicament, canoe or not, she certainly wouldn't have access to, or need a paddle...
Eddie,
How nice. Now include some from other posters.