The Big 3: Cutting Rates Hurts the Banks!, Interventionists - Slow Down Please, Hula Hooping at Hulu.com

Here’s how I was trying to spur growth in my own head today (hey now, no ego jokes!)

1. Cutting Rates Hurts the Banks!

2. Interventionists - Slow Down Please

3. Hula Hooping at Hulu.com

1. If the Fed’s now paying interest to the banks for the junk they use as collateral these days, and if the Fed bases the rate it’s willing to pay those banks based up its own Fed Funds Rate that it cut today supposedly to help the banks – then didn’t they actually HURT the banks by cutting rates today? You see what happens when we change the system without thinking it through?!

2. Real headline of the day, “Fed Opens Swaps of $30 Billion Each With Korea, Brazil, Mexico, Singapore” Is anybody actually thinking all this stuff and all of its huge unintended consequences through? Maybe we outta slow down the printing press just a wee bit for a just a wee while? Anyone? Hello?

3. Have you guys tried Hulu.com? Being able to watch tons of new and old TV shows on demand on my 17” MacBook Plus is pretty awesome. Remember how hard it used to be say five years ago to watch any video on the net? Gonna get easier. Content is king and and content companies like Disney and Lion’s Gate are getting to be buys again.