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Odds 'n Sods:
"BeePrepared" wrote us to recommend the Hippo
Roller as a method
to transport large amounts of water without a vehicle.
o o o
Cheryl (our Economic Editor) sent us this raft of news and commentary. The
first item should not come as a surprise to you, since I've
been warning about the derivatives threat for years: Bailout
Secret: To Prevent $68 Trillion Derivatives Collapse -- Financial
TEOTWAWKI: LIBOR TED Spread Flashes Trouble. ("I don't want to name
names, ... but there is a silent bank run going on. There are no lines in the
street, but it is a run nevertheless. It is large investment
funds and corporations quietly pulling their money from some of the best banks
in the country.") -- Credit
Markets Hit By Cat 5 Financial Hurricane -- Greenspan
Calls For Action On Financial Crisis -- The
Real Reason Behind The Rush (The Fed is close to illiquidity) -- This "Greater
Depression" Could Last A Decade -- Markets
Face Major Crash If Bailout Fails -- Economists
Against The Paulson Plan -- Wachovia
Explores Sale With Wells Fargo, Banco Santender & Citi
o o o
Eric sent this from The Telegraph: Bailout failure 'will cause US crash'
o o o
Jack B. sent us this news story from Nanny State Britannia: Residents
could
be hit with £5,000 rubbish collection fine for leaving bin out. It
is
high time to take the hint and Take
The Gap!
