«-- Jim's Quote of the Day: | Main
Odds 'n Sods:
Dave in S.C. recommended a
handy FAQ on DC batteries.
o o o
Cyberiot sent us this article: Problem
bank list keeps growing. It includes this troubling metric: "FDIC
says list of troubled banks in 2nd quarter grows to 117 with $78 billion
in assets
- up
from 90 banks,
$26 billion in assets in 1st quarter..." Speaking of the FDIC, several
other readers suggested this article: FDIC
weighs tapping Treasury as funds run low. I've said it before: Be ready
for a massive wave of bank runs, folks.
o o o
Reader "MGB" suggested a piece over at the S.S.R.I. web site with details
on weapons caching, using PVC pipe.
o o o
Matt in Texas alerted us to an
article by Mike Whitney that cites this from
UK Telegraph piece: "The
US money supply has experienced the sharpest contraction in modern history,
heightening the risk of a Wall Street crunch and a severe economic
slowdown
in coming months. Data compiled by Lombard Street Research shows that the M3
''broad money" aggregates fell by almost $50bn in July, the biggest one-month
fall since modern records began in 1959."
o o o
Copious contributor Cheryl N. sent us another big batch of economic news:
FHA,
Next Disaster In The Works, CitiGroup
Really Cutting Costs (Really!), Citigroup
Thinks Fannie, Freddie Good Til End Of Year, Bank
Borrowing From European Central Bank Is Out Of Control, Credit
Crisis II, Banking
Stocks Dragging Asia Lower, Dead
Men Walking
