| Rate cuts designed to boost buying
Typically, when interest rates are lowered, there is greater pressure on lenders to ensure good credit quality standards, he said. Allsbrook predicts the federal funds rate will be cut by another half of a percentage point next week. With inflation low, the Federal Reserve has more leeway than usual in potentially making significant rate cuts in back-to-back weeks. Trellis Green, an associate professor in the University of Southern Mississippi's Department of Economics, Finance and International Business, suggests the moves are geared toward easing people's fears over the economy. He disputes pronouncements that the United States is already in a recession. The economy doesn't meet tried-and-true definitions of a recession, such as six consecutive months of decline in the gross national product, he said.
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So aside from forcing many Americans to adopt less clean source of energy, what exactly will these possible shutdown potentially cost them? Daniele Seitz, an energy analyst with New York-based Dahlman Rose & Co states, "Currently, nuclear power costs between $5 to $7 to produce a megawatt hour. It would cost 10 times that amount that if you had to buy replacement power -- especially during the summer." Nuclear power, while unappreciated, provides cheap alternative energy power. With climate change threatening to shut down many of the reactors in the Southeast, many people may start to realize how great nuclear power really was when faced with the harsh reality of when it's gone. .
Newburyport witch escaped hangman's noose
The plaque is on the Liberty Street side of Market Square Jewelers in downtown Newburyport. Newburyport was part of Newbury until 1764. Elizabeth Morse's troubles actually began when her husband, William, accused someone else of witchcraft in 1679. .
No. 1 in football, Adams and hoops talk
That's what I thought. Sorry I haven't been able to update the blog daily as I usually do for the past week. After the bowl game and the holidays and all, I had tons to catch up on at home and at work from a paperwork and organization standpoint and I just haven't had much extra time beyond my base duties. But I'm back now, got the old fingers loosened up and ready to blog up a storm. And man is there a lot to blog about. Now personally I'd like to talk about the basketball team because it is, after all, basketball season. But when I do that the responses in this space tend to drop about 75 percent compared to just about any football topic we could discuss. So let's just consider today a clearinghouse day and we'll touch on everything we can and then, as usual, I'll ask you guys to let me know what you want to discuss the rest of this week and next one.
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