The Fed has cut the discount rate by .75. The stock market is sharply down. This latest cut by Bernanke and the Fed brings the Federal Funds Rate to 3.50 percent. The reason for the cut was, according to the Fed, “in view of a weakening of the economic outlook and increasing downside risks to [...]
Read Full Post | Make a Comment ( 1 so far )I just got through watching a documentary on NC Public
TV about Senator Sam, Sam Ervin. Sam Ervin is best known
for chairing the Watergate Committee, his knowledge of the
Constitution and his down home wit. He was known to say “I
am just a simple country lawyer from North Carolina.” Well,
he was from NC, but he was a [...]
North Carolina was the first state to be colonized by Europeans and was one of the original 13 colonies. Naturally, NC is rich in history. Drive through many cities in NC and eventually you will run across one of the many historical markers. Many people know that O’Henry and Edward R Murrow were born in [...]
Read Full Post | Make a Comment ( None so far )North Carolina, aside from being the 10th most populated state and having a prosperous real estate market, abounds in scenic beauty and consequently has a large number of state parks and recreation areas. Here is a list of the NC state parks and recreation areas:
carolina beach state park, chimney rock, cliffs of the neuse state [...]
Barack Obama has been projected as winner of the Iowa caucus by CNN. Hilary Clinton and John Edwards are currently tied for second place.
Read Full Post | Make a Comment ( 1 so far )Mike Huckabee has just been announced as a projected winner by CNN. Mike Huckabee, who in the past few weeks has risen from an obscure candidate to a frontrunner, has a commanding lead in Iowa. John McCain is focusing his attention on New Hampshire where he has a much better chance.
Read Full Post | Make a Comment ( None so far )I am still on the west coast with time to reflect on the Iowa Caucus, presidential election and candidate choices. I was sitting in the Whidby Coffee Shop this morning, overlooking the Puget Sound, drinking a great cup of coffee, reading some news and actually slowing my pace enough to delve deeper into the candidates [...]
Read Full Post | Make a Comment ( None so far )News and information about North Carolina visit: NCrealestateforum.com
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