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Odds 'n Sods:
The latest news is that Detroit's Big Three Auto makers are courting Congress
for a $25 billion
dollar bailout. This will make the $1.2 billion in loan guarantees to Chrysler
in 1979/1980 seem small, by comparison. Just as I had warned, the Mother Of
All Bailouts
(MOAB) continues
to expand in both size and scope. It seems that Congress knows no bounds when
it comes to plunging
their hands into our wallets.
o o o
Cheryl N. flagged this: US Still Naked to EMP Threat
o o o
Cheryl also sent us this
raft of economic articles and commentaries:
Another
Friday, Another Bank Closing (#9-Columbian B&T of Kansas), Sterling
Tumbles as UK Economy Grinds to a Halt, Goldman
Sachs Research Says Half the World Economies Are In Recession or on the
Brink, The
Silver's So Cheap It's Practically Free, The
Final Fate of Fannie and Freddie, and The
Gold Rush Is Still On.
o o o
Farmer's Almanac Says Cold Winter Ahead
o o o
Tamiflu
Resistance at 100% in Australia and South Africa (for the H1N1 virus)
