TOP DRAWER INK NEWSLETTER

 

Here's the latest issue of Top Drawer Ink, the newsletter written by author HL Carpenter that's chock full of humor and common sense information.

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June 21, 2008
Volume 6, Number 12
ISSN 1554-6330

In this issue:

1. Carpenter Country
2. Top Drawer Article
3. Top Drawer Tips
4. Top Drawer Satire

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CARPENTER COUNTRY
What's Happening in Our Neck of the Human Experience

 

Aches. Pains. Bumps. Scrapes. Bruises. Colds. Earaches. What’s going on? Is everyone falling apart?

That’s what Carpenter Country’s short one wondered as she sat reading her afternoon emails. Must be we’re all in the same boat, she finally decided around a smile.

And why was she smiling?

Because misery loves company – and when you have a fractured toe it’s good to have company.

True, her misery wasn’t caused by pain. Her misery came from the fact that she couldn’t find one shoe in her entire closet big enough to stuff her puffy ‘buddy-bandaged’ toe into.

Earlier the doctor had given her a rigid soled boot. And being a good patient she’d tried to wear it. The problem was the darn thing was a men’s small - the only size available.

A Frankenstein shoe, much too big, she’d emailed the friend with the earache.

Actually she’d have loved to throw the uncomfortable contraption out of the window, but then she’d have to walk barefoot – which is how the toe accident happened in the first place.

As she pondered what to do her friend sent a suggestion: Shorten the sole and realign the straps.

Problem solved, the short one thought a few minutes later when she slid the newly handcrafted Cinderella slipper onto her foot.

Wanting to show her appreciation for the good advice, she emailed back a thanks, and added: They say each ailment makes us stronger, so though we may feel like we’re falling apart, we’re really getting healthier.

To which she received this quick-witted reply: I’ll try to believe that.

 

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TOP DRAWER ARTICLE

The Fed and Your Business
by
HL Carpenter

 

Is the US in a recession? Is inflation on the way? Should interest rates be raised or lowered?

Each day, in an attempt to keep the economy flowing in an orderly fashion, the Federal Reserve grabbles with these questions, among others.

Whatever course the Fed takes, the results eventually trickle down to you and the business decisions you make to stay profitable. Keeping your business ahead of the game – or at least to even – means keeping an eye on the Fed.

Read the entire article here

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TOP DRAWER TIPS
Topics and Tidbits

 

Tip: If you’re looking for economic information to help you create strategies for your business, the Federal Reserve publishes free research, including The Business Outlook Survey. You don’t have to be an economist to understand the reports, and you can choose to read summaries or the full details, on line or via PDF downloads.

Glossary Term: Inverted Yield Curve. A yield curve compares the interest rates of bonds that have different maturity dates. Normally, long term bonds offer higher rates than short term bonds of the same quality, so in the reverse situation, the yield curve is inverted, or turned upside down. An inverted yield curve is a sign of future lower interest rates and tends to occur before recessions.

Financial Horoscope: Talk about feeling rich - National Chocolate Éclair Day, National Chocolate Pudding Day and National Ice Cream Soda Day are all on the calendar in the upcoming weeks. Go ahead, celebrate! Just try not to overindulge. To truly be rich, apply the same prudence to your spending habits.

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TOP DRAWER SATIRE

Subprime Reasons
by
HL Carpenter

 

With so much focus on ailing credit markets, it’s easy to overlook another crisis in the making: subprime reasons.

Read the rest here