Bernanke:
January 6, 2010
Obama Backs Bernanke for Likely 2nd Term - CBS News
The Fed is all but certain to keep its key bank lending rate - it affects a wide range of rates on consumer loans - at a record low near zero when the meeting concludes on Wednesday.
It is also expected to renew a pledge to hold rates at record lows for an "extended period" to nurture the recovery. Economists think that means rates will stay where they are for at least six more months.
It is also expected to renew a pledge to hold rates at record lows for an "extended period" to nurture the recovery. Economists think that means rates will stay where they are for at least six more months.
At least 6 months! And in hindsight, give or take 5 years or more! Hurray!
Berezniki:
13 of the Biggest, Strangest, and Most Devastating Sinkholes on Earth
2. Berezniki
In Soviet Russia, the ground moves you. Berezniki’s sinkhole began in 1986 and just grows worse with each passing year. It’s unstoppable. Currently it’s over 200m deep, 80m long and 40m wide. In case you’re thinking “Berezniki? Who cares?” you should know that 10% of the world output of potash comes from this area, and the sinkhole is very close to destroying the mine’s sole rail line.
In Soviet Russia, the ground moves you. Berezniki’s sinkhole began in 1986 and just grows worse with each passing year. It’s unstoppable. Currently it’s over 200m deep, 80m long and 40m wide. In case you’re thinking “Berezniki? Who cares?” you should know that 10% of the world output of potash comes from this area, and the sinkhole is very close to destroying the mine’s sole rail line.
Unstoppable! Very close to destroying the mine's sole rail line! Hurray!
Too much sarcasm?
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