On June 25, 2003, the Federal Reserve released a statement that began, “The Federal Open Market Committee decided today to lower its target for the federal funds rate by 25 basis points to 1 percent.”

A. The Federal Reserve instructs Congress to pass legislation setting the interest rate banks can charge one another for short term loans.

B. The Federal Reserve purchases bonds in the open market.

C. The Federal Reserve lowers the exchange rate between the dollar and foreign currency.

D. The Federal Reserve opens more branches. The increased competition lowers the interest rate.

Upon graduation from high school, there is no doubt that you will surely start your tertiary education in college or university. At age twenty, children will not be covered by health insurance of their parents and this can be disastrous if they are merely study and do not do part-time job. Some universities or colleges may have insurance plan offered to students. These insurance may not answer all your needs but you need to be meticulously considered it.

Most of the universities and colleges offer student health insurance plans. These plans should absolutely be at reasonable price, and can give you the school’s nearest hospitals. This option is one that you should definitely think of, if your son or daughter is enrolled in a college far away from home.

College health care scheme may vary from college to college due to laws and some other factors. Many students may think medical services are free of charge, but it is not always true. In term of clinic visit or routine checkups they may be free, however students still require to pay for special kinds of lab tests and other specialties such as x-rays, prescriptions, and a wound treatment. Compensation usually covers some types of service stated in the health care offered at college health centre. When you are referred to see an outside doctor, then the coverage will cover only 70% of your total expense and you are at risk to pay high medical cost.

You may have a problem getting treatment at the campus health centre if you have pre-existing condition. Having a pre-existing condition or illness does not mean to prevent you from obtaining health insurance plan, but you may not be eligible to have your treatment on your pre-existing condition. It can be troublesome if your new symptoms develop from a pre-existing one.

Health schemes are different, so be sure you find out everything about your health insurance plans. Be sure that your health plan stretch to summer break when you or your child do not take classes. This is vital for you because you don?t want to find out that your health care does not cover when you need it most. Some college health insurances may not cover during summer break, while others do.

Be certain that you study your plan thoroughly. Is it an HMO, or can the member utilise any service provider they went? This is critical. You need to know where you can go in case of emergency, and there is nothing worse than discovering that you will have to pay off the bill yourself.

There is no definitive solution to whether you should or should not commit yourself to college health insurance. Be certain that you study your plan thoroughly so that it answer to your need when you need it most. Although there is no free health insurance scheme, surely it will save you a lot of money in time of illness or accident.

For more information, please visit http://www.health-care-central.com

As if Airbus and Boeing didn?t have enough to worry about already, the looming debt crisis in Dubai has cast a shadow over a backlog of aircraft orders, worth more than $60 billion, from Dubai, Inc.

via Dubai Crisis Threatens Airbus and Boeing, Too

Chinese respiratory disease expert Zhong Nanshan said the country must be alert to any H1N1 mutation, because the far deadlier H5N1 avian flu is endemic in China, according to a Reuters report today. “China . . . is different from other countries,” he said. “Inside China, H5N1 has been existing for some time, so if there is really a reassortment between H1N1 and H5N1, it will be a disaster.”

story: Reuters

Bond insurer Ambac Financial Group senior vice president and chief financial officer Sean Leonard resigned this week after the company warned it may file for bankruptcy.

via Ambac CFO Calls it Quits

Investigative journalist Wayne Madsen, Tamiflu researcher Dr. Adrian Gibbs and Medical Jounalist Jane Burgermeister talks about H1N1 Swine flu, gripe A h1n1, conspiracao. Just say NO to the vaccine.

Baxter Patent H1N1- www.scribd.com Are vaccines today more dangerous, in some cases, than the diseases? Has something gone wrong with the system or the companies making them? Filmed at the 4th International Public Conference on Vaccinations (sponsored by the Nat’l Vaccine Information Center) in October, 2009, listen to what these health professionals have to say!

Rep. Michelle Bachman is calling all Americans to join her on the steps of the Capital Building in Washington DC on Thursday November 5th to stop “the Crown Jewel of Socialism” – the democrat’s bill to take over the healthcare industry. Bachman joined Hannity on October 30 to discuss this massive power grab.

Federal health officials said Wednesday there has been a ?worrisome? spike in serious cases of pneumonia around the country associated with the H1N1 flu.

And most of those cases were among adults 20 to 59, unlike seasonal flu when pneumonia typically strikes those 65 and older, said Dr. Anne Schuchat of the U.S. Centers for Disease Control and Prevention.

Two-thirds of those who developed pneumonia had another health problem, like diabetes, asthma or heart disease, she said, noting people in those groups should be vaccinated against pneumonia.

via More adults getting pneumonia along with swine flu

Is this why they find this worrisome?

China’s ballooning stock market bubble, fuelled by excessive liquidity, is likely to burst in the first half of 2010, punctured by economic concerns arising from higher-than-expected inflation, Morgan Stanley Asia Executive Director Jerry Lou said on Thursday

.China’s benchmark Shanghai Composite Index may peak around 4,000 points, as banks continue to lend massively to infrastructure projects initiated this year under the government’s $586 billion stimulus package

via China Stock Bubble to Burst Next Year

And our stimulus package $700+ billion and our markets are pumped up with excessive liquidity too. We should also expect the same result.