up....Quote:
Originally Posted by WTF?s_G/F
up....Quote:
Originally Posted by WTF?s_G/F
Btw all yall got some Brazilian love lol
up.
:ninja:Quote:
Originally Posted by junior_tm
up...Quote:
Originally Posted by WTF?s_G/F
my fucking tooth is killing me... gonna make a grown man cry.
Just Sayin'
U liked didn't youQuote:
Originally Posted by oneSLOWex
:D check yoursQuote:
Originally Posted by junior_tm
its a song silly billy must wrap your wllyQuote:
Originally Posted by NVEOUS
http://images.paraorkut.com/img/pics...rying-1461.gifQuote:
Originally Posted by GOT_PURP
ha haaaaa..
BOREDDD
Im ready to go home.
Quote:
Originally Posted by oneSLOWex
How do hell u do dat? I tried and it never worked
gotta do the [img] tags just like putting a pic in a post
home, home on the range
I want a fucking boosted car... someone trade me... dammit... I want a Lexus, y0
yee ha...Quote:
Originally Posted by GOT_PURP
almost to 10500
get an IS300....they can be got for cheap and the rebuild is not expensive on them so you can get one with HIGH mileageQuote:
Originally Posted by GOT_PURP
Dow
8,881.86 +33.71 (0.38%)
S&P 500
950.48 -0.65 (-0.07%)
Nasdaq
1,907.81 -1.48 (-0.08%)
bump
dun dun dun
OMG
FIRST TO POST ON PAGE 2728!!!!
:eek::eek::eek::eek::eek::eek::eek::eek::eek::eek: :eek::eek::eek::eek::eek::eek::eek::eek::eek::eek: :eek::eek::eek::eek::eek::eek::eek::eek::eek:
Why dont you boost your car purp?? Its pretty much already to the point where you can.
you should have that looked at....LOLQuote:
Originally Posted by WTF?s_G/F
I saw what you did thar. You got to it before i quoted you!Quote:
Originally Posted by mmmmpsi
Someone needs to shove a pitchfork up this cock smokers hole..
UPDATE:US Fed's Bernanke On Defense At Capitol Hill Hearing
Dow Jones
July 21, 2009: 02:40 PM ET
(Updates to add more quotes from lawmakers and more background.)
By Maya Jackson Randall and Tom Barkley
Of DOW JONES NEWSWIRES
WASHINGTON -(Dow Jones)- U.S. Federal Reserve Chairman Ben Bernanke spent the first day of his Capitol Hill testimony on defense, with Republicans criticizing the central bank and attacking the Obama administration's plans to make it a new super regulator of the financial system.
But Bernanke fired back with a strong defense of the central bank's crisis measures. He rejected assertions that the Fed's liquidity programs are stoking inflation and argued in favor of the Fed keeping its consumer protection role.
Bernanke also made clear that he thinks the central bank can monitor systemic risk while maintaining its ability to protect consumers.
"I'm proud of the work we've done," he told the House Financial Services Committee.
Taking aim at pending legislation that would subject the Fed to greater oversight, Bernanke warned that audits by the Government Accountability Office of monetary policy would encroach on the central bank's independence. That, in turn, could stir up inflation challenges, he said.
"A perceived loss of monetary policy independence could raise fears about future inflation, leading to higher long-term interest rates and reduced economic and financial stability," Bernanke told the panel in opening remarks.
"We have to be extra careful that the markets and the public don't think that Congress is trying to influence monetary policy decisions," he said later during testimony.
Still, lawmakers were reluctant to accept the idea that greater oversight would hurt the Fed. Rep. Bill Posey, R-Fla., said he doesn't think Congress should interfere in the daily workings of the Fed, but argued for complete transparency over every central bank function, including monetary policy, after the fact.
Additionally, several lawmakers questioned whether the central bank will be able to unwind its rescue programs without triggering inflation challenges.
"The Federal Reserve, in collaboration with the giant banks, has created the greatest financial crisis the world has ever seen," said Rep. Ron Paul, R-Texas. "The problem with debt must be addressed."
Paul, who sponsored the GAO audit bill that has now garnered the support of over half the House, went on to accuse the Fed of monetizing the U.S. deficit, and added that such action "is destined to do great harm."
Still, Bernanke said inflation concerns are misguided, and reiterated to lawmakers that central-bank policy makers expect inflation to be subdued for the next two years.
"I don't think the financial markets are indicating a great deal of concern about inflation," he said, pointing to long-term Treasury rates that are still " quite low."
Furthermore, Bernanke defended the Fed's plans to purchase up to $300 billion in longer-term Treasury securities against charges that the Fed is monetizing the debt and stoking inflation. When those purchases are completed, the Fed will still have fewer Treasurys on its balance sheet than it did two years ago, Bernanke said. "We are not taking a significant portion of U.S. Treasurys."
"Let's be clear about what's going on - the Federal Reserve is not putting money out into the economy. What we're doing is creating bank reserves. It's not chasing any goods," Bernanke continued.
Posey of Florida, like Paul of Texas earlier, was unconvinced.
"It's going to cause inflation," Posey insisted.
Additionally, the committee's top Republican, Spencer Bachus, R-Ala., said CIT Group Inc.'s (CIT) near-collapse represents another example of the poor job the Fed has done in identifying and averting systemic risks.
Bachus also criticized the Obama administration's plans to deem the Fed a new regulator of systemic risk. Asking the Fed to take on such a role would only result in a "false sense of security which will inevitably be shattered at the expense of the taxpayer," said Bachus.
In contrast, Democrats were more complimentary of the Fed and its role in rescuing financial markets and preventing an even deeper recession.
Committee Chairman Barney Frank, D-Mass., for instance, welcomed Bernanke's prepared testimony, which shed light on the Fed's exit strategy. As first detailed in an editorial he penned Tuesday in The Wall Street Journal, Bernanke laid out a number of measures that could make up part of the central bank's eventual exit strategy. The main tool is the Fed's ability to pay interest rates on the balances held at the central bank by depository institutions.
In addition, the Fed could drain liquidity from the system through reverse repurchase agreements, selling securities from the central bank's portfolio with an agreement to buy them back later, said Bernanke. If necessary, the central bank could also sell its holdings of long-term maturities outright.
"We are confident that we have the tools to raise interest rates when that becomes necessary to achieve our objectives of maximum employment and price stability," Bernanke said in his testimony.
Frank said it's important for the public to understand how the Fed and Treasury will unwind its costly rescue measures in a way that won't trigger inflation challenges.
"If people think there's going to be inflation, that's inflationary," he added.
Furthermore, Frank defended criticisms of Bernanke's handling of the Bank of America-Merrill Lynch acquisition. The Fed has recently come under scrutiny, with lawmakers alleging central bank officials inappropriately forced the deal.
Frank, however, argued that at the time of the Bank of America-Merrill deal, the economy was in a fragile place and in need of support. That said, Frank said he doesn't see any evidence yet of policymakers, including Bernanke, acting inappropriately.
"Here is my problem. I cannot find a villain," Frank said.
Meanwhile, Bernanke deflected some scrutiny by charging lawmakers with the daunting task of putting the nation on path to fiscal balance. Bernanke said there's not much that can be done about this year's deficit or even next year's deficit. "But Congress needs to develop a broad plan ... that shows a moderation of the deficit over time to something sustainable," Bernanke said, adding that a sustainable level would be 2% or 3% of gross domestic product.
"We need to show we have a plan for getting back to a more sustainable level," Bernanke said, highlighting health care as the critical issue for policymakers to tackle.
Nigel Gault, chief U.S. economist at IHS Global Insight, summarized the Fed chief's testimony in this way: "Our monetary exit strategy is ready. Don't try to interfere with it. You have your own fiscal exit strategy to worry about."
-By Maya Jackson Randall and Tom Barkley, Dow Jones Newswires; 202-862-9255, [email protected]
Yah I got lazy and forgot the number. hahahaQuote:
Originally Posted by NVEOUS
lol i feel ya manQuote:
Originally Posted by mmmmpsi
I just don't want the car anymore... plus I want either a boosted single cam or another make of car boosted...Quote:
Originally Posted by NVEOUS
Damn gays around here..Quote:
Originally Posted by ilovemyhonda.
NOT THAT THERE'S ANYTHING WRONG WITH THAT
10500... awesome-ness
Self pic..
Am I hoT?
http://www.wcfia.harvard.edu/faculty...n_portrait.jpg
oh sexy imb please
JUST kidding that's not me..
Oh ok i understand that. I wish i could just buy the car with nothing in it! lol i really do want a hatch just no monies right now.Quote:
Originally Posted by GOT_PURP
This is me..
I told you I was old..
http://www.nysl.nysed.gov/library/fe...gw/gw-ames.jpg
what hannaneeeen
ha haaaaaaa.....