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Odds 'n Sods:
Eric sent us this: Amish
homeowners: Religion trumps building codes
o o o
Michael H. flagged this: Fed
Refuses to Disclose Recipients of $2 Trillion
o o o
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o o o
Not surprisingly, the bad economic news keeps coming: I spotted this article
linked at Drudge:
Third
of Hedge Funds Face ‘Wipe Out’ After Slump, Godden Says. Terry
in Cornwall, England sent this: Supermarkets'
emergency plans to keep shelves full. Bill N. endorsed a
tongue in cheek
look by Fred Thompson concerning the MOAB. Michael M. heard an
NPR Marketplace news
story
and
sent
us the link: Quantitative
Easing = "Let's just print the money". Reader "Bigbird" flagged
this: Gross
Domestic Product: 40 Percent of the United States GDP comes from
5
States; California, Texas, New York, Florida, and Illinois. And Eric sent
all these: Ponzi
Nation -- Just
a sign
of troubled times, or has the Fed lost it? -- Treasury
bonds have reached bubble stage -- Deflation
has become inevitable -- Household
Net Worth in U.S. Declines Most on Record -- SF
feels pain of real estate
meltdown. And to round out the day's links, here is the latest batch from
The Economatrix: Radical
Fed Reserve Rate Cut to .05% -- Dollar
Staggers as US Unleashes Cash Flood -- UK
Royal Mail Pension in $14 Billion Hole -- Ireland
Joins Wave of Bailouts -- Ecuador
Default: Fears Others Will Follow -- Alternative
Currencies Grow in US -- Bankers
Privately Talk of the End of Days (A key quote: "I have spoken to a
couple of pretty senior bankers in the past couple of weeks and their story is
rather different. They don’t refer to the looming problems as being like
1992 or even 1929. They talk about a total financial meltdown. They talk about
the End of Days.") -- Goldman
Sachs Faces $2 Billion Loss, its First Since 1929 -- "Already
Bankrupt" GM Won't be Rescued By Loan -- Collapse
of Pension Funds: End of Retirement? -- Homes
Lose $2 Trillion in Value in 2008 -- Grave
Worries About Automaker Failure -- Gold
Rises to $823, Dollar Sinks
