G S X eNews PAGE
TWO |
|
|
| |
Advertisement
|
GET SMART @ Real
Estate by Becky Crabtree Phone:
768-9509 Email: Click
Here
| On June 25, the Federal Reserve Open market
Committee announced that they cut the discount rate by 25 basis
points. The Bond market reacted by sending interest rates higher.
Scott Messina, president of Banking Exchange Technologies, provider
of the Bond Rate Moniter said, "This is an indication the FED
believes the economy is improving and they only need to cut rates by
25 basis points which is bad news for bonds and mortgage rates.
Unfortunately, most people do not understand the relationship
between discount rate and mortgage rates. What they need to
understand is that it's not about what the FED does to the rate that
really counts, it's about bond traders asking themselves does this
mean the economy is getting better?" According to Tom Carbone, "If
the FED reacts as if the economy is getting worse interest rates
will fall, but if they indicate things are improving rates are sure
to go up. Why? Because perception is reality". Becky Crabtree
KOBE BRYANT's ACCUSER
Website - If you think you really want to know
who the Kobe Bryant Accuser is, Click Here!
Come to your own conclusions.
CELL PHONE DRIVING MORE
DANGEROUS THAN DRUNKS Arizona - A study performed by the University of
Utah claims that drivers who talk on the phone are more apt to get
into collisions than motorists who have been drinking. "They're
looking down at the phone while they're driving and not looking
forward … It's pretty dangerous," said Lee Ratliff, claiming he sees
bad driving on a daily basis. "Headsets are great because it doesn't
get in the way of your vision," Ratliff said. But the study claims
it doesn't matter, saying after testing 41 chit-chatting drivers in
simulators, they found they smacked into things at a higher rate
than those who bottomed up before getting behind the wheel. Some
disagree with the study's finding, however. "No one knows how many
crashes are related to phone use. These findings cannot necessarily
be generalized to the real world," said the Insurance Institute for
Highway Safety. Simulator tests translate poorly to what's happening
on Arizona streets, and he's worried those results could be
misconstrued. "I think there's a misconception there that says
driving and drinking is more safe than cell phone use and that's
absolutely incorrect," Frias said.
NAKED-WOMEN HUNT - HOAX
Las Vegas - Claim: A
Las Vegas business has been conducting "hunts" of naked women for
customers armed with paintball guns. Status: False. A
cruel real-life example of the shocking degradation of women, or a
big put-on? That's the question being raised about a Las Vegas-based
business which purportedly offers "hunters" the opportunity, for
$10,000, to stalk naked women and shoot them with paintball guns.
You can read the whole story and come to your own conclusions by
clicking here: Bambi
FIRE WARNINGS CONTINUE (R)
|
G.S. - Due to the
extreme heat we are experiencing this year, the Golden Shores
Fire Department warns that you should be especially cautious
by not having fires in your |
|