A1A News Now Offers Video Feeds With News Links

Still trying to get back here for commentary, but the other blog, is taking up a lot of time as I add more features.

Just added my first video links today.

We're getting close to the new formatted page which will have its own .com and .net address.

For now, please continue to visit (click and bookmark):


www.a1anews.blogspot.com


Thanks to all,

Rock Trueblood

Quote for the Day

Quote for the day, December 1, 2008:

"These mortgages have been considered more safe and sound for portfolio lenders than many fixed rate mortgages," David Schneider, home loan president of Washington Mutual, told federal regulators in early 2006. Two years later, WaMu became the largest bank failure in U.S. history.


p.s. For the best in world news, business news, US news, etc., be sure to see our new blog:

http://a1anews.blogspot.com/

Rock Trueblood's commentary will return to this blog, the Watchworld, later this week

Attention! New website address for A1A News which has been presented here for the past 3 weeks!

Dear Readers,

Thank you for the emails of support.

Today, we have given the news portion of Rock Trueblood's Watchworld it's own blog address.

It is set up and we've already got this afternoon's news posted to it.

Here is the new address:

http://www.a1anews.blogspot.com/

As you will see, the blog for news is still evolving. Soon we will have our own website(s) which will allow better formatting of the front page . . . which will be our only page for faster loading.

You will also notice we've changed fonts and have decided to go with all black for all links while dropping the prefix headings to every post. This will allow faster uploading of news to our new site.

If any of you have any suggestions, please drop a line to rocktrueblood@gmail.com

Thank-you to all the new readers who are returning on a daily basis. Thank-you to our Key West fans.

Be sure to click on one of our advertisers at the bottom of the blog so as to help defray expenses.

Ciao for now,
Rock Trueblood

Monday 24 Nov 08 - AM - Scientology Guard Kills Sword Wielder, Axel Rose Finally Drops New G&R Album,

Issac Mao, freedom fighter, and leader of China's 107 hundred-million bloggers who are breaking on through to the other side

China: Now over 107 hundred-million bloggers in China, who as a result of blogging, young Chinese brainwashed by their education system are now trying to think for themselves, work together and find smarter solutions. Mice (bloggers) are now over-running the cat (China's firewall)

Bailout: Mish on Citigroups Terms of Agreement . . . no common stock dividends for 3 years, no executive compensation or bonuses unless submitted to the US Government

Wall Street: Another great piece from Watching the Herd which could be titled "No, Hell No"

Health: If you, a loved one, or a friend suffers from severe epilepsy, read this

Economy: Deflation, Monetary Velocity, and Why Gold's a Buy



Gold: Overnight, gold rises to $819 and change on weaker dollar, declining German confidence


Economy: More Americans are late on car and truck loans $22.9 Billion at risk

Bailout: Citigroup plan unveiled . . . Feds will "backstop" $306 Billion of Citi's riskiest "assets"

Bailout: Dems and Repubs in the House beat each other up over the Economic Stimulus

Music: Guns and Roses "Chinese Democracy" finally released

Saudi Arabia: Underground all female band keeps on rockin' in a Wahabi World




Detroit: NYT Op-Ed writer says no car company would survive a Chapter 11 filing



Iraq: Thirteen women burned alive after bus is bombed

New Jersey: Gunman shoots his wife in Church, wounds two others

Hollywood: Scientology guard shoots sword wielding man dead

Housing: One of the biggest myths about "The American Dream"

NFL: Scores and Schedules
NFL: Standings

NBA: Scores and Schedules
NBA: Standings

Sunday 23 Nov 08 - PM - Richardson to be Commerce Secretary, McDonald's Employees "Secured" a Lost Phone, The 5 Stages of Collapse, Hal O' Boyle Seer

Irrational Exuberance of Spring 2007: Costa Rican writer for Key West the Newspaper, Hal O' Boyle, was one of the few who saw clearly what would come to pass this year

Credit Crisis: Banking regulator played advocate instead of enforcer

Bailout: Citigroup in discussions this weekend with US government to set up "Bad Bank" which would house some of the bank's riskiest "assets" of which Citigroup owns $1.23 Trillion off books

Guatemala: Prison riot leaves 5 decapitated, 2 more dead, plus 10 injured

Checnya: Rebels kill 4 police officers and 2 civilians

Thomas Friedman: We found the WMD . . . sub-prime loans and derivatives

Saudi Arabia: Steel camels - Harleys rumble across the desert sands

NFL: Jets hand Titans their first loss 34-13

Business: McDonald's sued over woman's naked buns

Automakers: Pelosi says there will be no bailout without accountability

Cuba: Russian oil companies could soon be drilling offshore on Cuba's shelf

Israel: Jail terms for Neo-Nazi immigrants, one of whom's grandfather was a Holocaust survivior

France: The neighborhood cafe empties

Obama: Bill Richardson to be named Commerce Secretary

Georgia: Georgian, Polish presidents' motorcades fired upon

Economy: The Five Stages of Collapse

Sunday 23 Nov 08 - AM - Sweet Mother of Satan, Worst year for stocks since 1931, Chaos in Congo, Viagra to banned in Sports?

Photo #4 out of 39: Children who have been abandoned or orphaned by war eat dinner at the Don Bosco center in Goma in eastern Congo, November 20, 2008. Fighting in eastern Congo has displaced hundreds of thousands of civilians in recent weeks, with 1,519 people taking shelter in the Don Bosco school compound. There were 89 children with no parents among them. (REUTERS/Finbarr O'Reilly)

(Photo #13 out of 39: Government soldiers transport looted goods on a wooden scooter after a day of fighting in the village of Kayna in eastern Congo, November 18, 2008. Demoralised Congolese government troops, retreating before eastern rebels, clashed on Tuesday with their own local militia allies who tried to make them stand and fight after the armed forces chief was replaced. (REUTERS/Finbarr O'Reilly))

Congo: Alan Taylor's Big Picture Blog in the Boston Globe showcases the chaos and heartbreak in this war torn country

Sports: Viagra, yes, Viagra . . . to be banned in sports?

Guinea-Bissau, Africa: 3 Hour gun battle in an attempted government coup

Interview: Financial Times interviews Jim Rogers who says the dollar is a flawed currency

Rock Trueblood asks, "Will 2008 be the worst year in the stock market since 1931?" Click on graphs above for larger image, courtesy of NYT.

Interview: WSJ poses questions to Michael Lewis author of "Liar's Poker" and the new book "Panic: The Story of Modern Financial Insanity".

Wall Street: What was hot last week. What was not. Courtesy of the Wall Street Journal online. Click here.

New Zealand: Prime Minister John Key blames "reckless money men" for collapse of Global financing

California: Unemployment in the Golden Bear state reaches 8.2%

NCAA Football: Number 5 Oklahoma decimates No. 2 Texas Tech 65-21. Open this link for a capsule of all the scores from yesterday's action

Privacy: Verizon fires workers who snooped into Obama's call records

Florida: Losses at Thrifts spike ever upward

Terrorism: NBC obtains videotape of 9/11 terrorist being coached by al-Qaeda Shows a reluctant terrorist, scripted jihadism

Global Economy: IMF's chief economist says the worst is yet to come Says turnaround won't come until 2010

Wall Street: Famous 94 year old investor, Saul Glickenhaus, is buying stocks now. Says stock market has been discounted too much.

Health: Americans strongly support healthcare reform

Pakistan: 100 people demonstrate against the US killings of foreign born militants in the lawless Western part of Pakistan.

Seattle: Shooter kills one, injures one at shopping mall. Both vics were in their 20s. Gang related?

Family Values: West Virginia's "Sweet Mother of Satan"

Saturday - 22 Nov 08 - PM - Crashing Gasoline Prices Aid Our Wounded Economy, Sick Vick, Sick General Store Owner in Maine, Bicyclists Rejoice!

Business: Micro-blogging in 140 text bits is booming

Minnesota: Senate race tightens in recount

Politics: Why is Louisiana's Governor, Bobby Jindal, in Iowa?

Australia: Damage from last week's cyclone brings out the Australian Army, police, even prisoners to help with the clean up.

Race: Hate crimes surge in the US after Obama's election, KKK reasserts itself

Argentina: Former police chief kills himself as TV cameras record his suicide live


Gasoline: Fall in gas prices, less driving, results in $315 Billion in savings thus far


Money: Gold breaks through the $800 mark again on safe haven buying

Banking: FDIC closes 3 more banks late yesterday, 2 in California, 1 in Georgia

Banking: Do you remember when the One Party Rule rammed through the tougher bankruptcy laws against consumers a few years back? Take a look at the funny Citicorp ad (satire) spreading across the Internet like a virus this weekend. (See above)

Hollywood: DVD sales are sagging

US Army: Embracing high tech by looking into "The Hydrogen Highway"

NFL: Rookie quarterback, Eric Ainge of the New York Jets suspended for four games on steroid charges

NFL: Vick exposed: 17 page report opened through the Freedom of Information Act tells of Michael Vick's introduction to dog fighting while at Virginia Tech and how he laughed at his family pets being torn to pieces by trained pitbull fighters. Dogs unwilling to fight were hanged, shot, electrocuted or drowned per Vick's orders.


Religion: Big of them - Vatican finally "forgives" John Lennon over his Jesus remark.

Columbia: At least 10 killed after a snow capped volcano erupts and triggers two avalanches

Outliers: Malcom Gladwell's new book postulates what makes famous people successful

Crime: Murder She Wrote - Least competent criminal of the week leaves text mail trail


Canada: Over 200 narwhals trapped in Canadian ice will be "culled" by hunters




Microsoft to Google: Hey, you, get offa my cloud

New Media: Huffinton Post raises $15 million from investors to expand their reach

Automakers: GM board will not rule out bankruptcy

Canada: Biggest drop in consumer prices in 49 years has Canadians uttering the "Deflation" word

Health: Psychiatrist/NPR radio host didn't announce his ties to the Pharmacy Industry.

Religion: Black Muslims of America denounce Al Qaeda's slur of Obama

Maine: Sick in the head general store owner upsets town with sign asking patrons to join the $1 Osama Obama Shotgun Pool, a bet on when President-elect Obama would be assassinated. Sign states, "Let's hope somebody wins."

Dutch Layoffs: Philips to snip 5% of its workforce - 1,600 jobs to go mostly in its healthcare divisions

Health: Don't believe the hype about vitamins?




Health: Are your knees and lower back sore after riding your bike a few miles? Maybe you need a "bike fitting". Hot foot. Tingling toes. Hand numbness. Lower-back soreness. All symptoms of a bad bike fit.


Deflation: Gasoline prices fall for 66th straight day

Politics: Should Bush/Cheney do the right thing and resign right now so a young Lion and his Cabinet can tackle the nation's problems earlier? Gail Collins of the NYT thinks so.

Economy: More on Obama's plan. Wants to have Congress approve it and ready for his signature as soon as he takes office.

Saturday - 22 Nov 08 - AM - Obama Outlines Plan to Put 2.5 Million Americans to Work Building Infrastructure

Breaking: Obama outlines his plan to create 2.5 million new jobs by 2011. American workers will rebuild the nation's roads and bridges, modernize its schools and create more sources of alternative energy. Calls his plan an investment in our future, not a short term fix to help solve our immediate crisis.

Economy: Obama formulating an agressive 2 year plan to revive the Economy

Layoffs: India says 500,000 textile will be snipped within six months due to global crisis.

Great Britain: No more "happy hour" at pubs?

Religion: Malaysia's Islamic hierarchy issues a fatwa which bans yoga as it has "elements" of other religions in it. Sez yoga could "corrupt" the spirit. No mention of all the young suicide bombers brainwashed by Team Islam. As the Church lady used to say, "How convenient!"

Miami/NYC: Art dealer busted for selling forgeries.

Pakistan: Another coward has gone to the 72 Virgins Hotel

Bush Legacy: So little time, so much damage to do. “If you thought the first hundred days of the Bush Administration were bad, just wait and see what the last hundred could bring,”

Mish: "I like Gold here"

Politics: Do you know the three letter word responsible for the Republican's getting kicked to the curb? Kathleen Parker in her WaPo rant sez, "the GOP has surrendered its high ground to its lowest brows."

Obama: Hiring only the best insiders. See what David Brooks wrote yesterday in the NYT

Religion: Kansas pastor should be the newest cast member of MTV's "Jackass"

Buyout? Somali pirates in discussions to buy Citigroup ;>)

Obama: Hillary acepts

Motley Fool: One of my favorite posters of all time, WendyBG, wrote this letter to her editor about how George W. Bush is spitting in the eyes of the American people one last time before he leaves office. Wendy, don't you ever die, grrrrrl!

Friday 21 November 08 - Afternoon Edition - Embassy Guard Suspended Over Anti-Obama Rant, Big Picture Photos of Dubai and UAE, Dow rallies late in Day

Pemprokes Pines, FL: Teen college student commits suicide with webcam rolling.

-Spent a lot of time on the Internet. Invited others to watch him die several times

-Comments to his blog threatening suicide (which linked to his live video stream) ranged from "OMG" (Oh my God) to "LOL" (laugh out loud). Other comments called him "faggot", "dick" and "coward". More.

Wall Street: Dow finishes the day UP 6.54 %. Stocks rally on Geithner (from NY Federal Reserve Bank) to be appointed Treasury Secretary.

(Photo number 28 of 28 from the Big Picture Blog of the Burdj. The skyscraper stands at 707 meters (2,320 ft), with 160 floors and growing, and is scheduled to be complete by September of next year. (© Fadi Chami)

UAE & Dubai: They get Alan Taylor's "Big Picture Blog" Treatment in the Boston Globe

London: Contractor's American hired guard for US Embassy is suspended for anti-Obama rant on his blog. Security guard, Joe Hubbard, accused Mr Obama of having backing from terrorist groups including Hamas and Colombia's FARC guerilla movement.

Chile: Half-million government workers end strike after getting 10% pay raise

Piracy: The capital of Somali piracy

Piracy: $150 million paid as ransom already this year to Somali pirates

Technology: Google makes searches more personal with the release of new "Terminator" like function called "Search wiki".

Child healthcare: Do you have children of stroller age? Chinese scientists say CHILDREN pushed in buggies which face away from their parents may suffer long-term emotional and language problems

Mexico: Ex-head of Mexico's anti-crime agency arrested on charges he sold information to drug cartels

Entertainment: New Muslim (see news earlier today) "Mikaeel" to appear in person at court date. No reports yet as to whether he has requested a witness stand facing Mecca

Amsterdam: Last "Last call . . . cough, cough . . . ladies and gentlemen!"

Friday 21 November 08 - Early Morning Edition - Americans Learning to Live Below Their Means, Editorial Cartoons, Michael Jackson . . . Muslim?

(This cartoon is number 10 out of 85 in "The Ink Tank's" slide show)

Editorial Cartoons: Boston Globe's "The Ink Tank" rounds up 85 cartoons from the past week.

Afghanistan: No place for old . . . or young . . . women

China: Parents of school children killed in quake are angry with government

Afghanistan: Are you a cokehead? Can we interest you in a beautiful pomengrante in lieu of a gram of cocaine?

Healthcare: Brit, low on cash while on holiday, dies before he could scrape up all the money ($1,700) an Indonesian hospital demanded in advance

Health: Are you one of the shiny happy people? Here's a bet on what you don't do.

Thailand: P0lice predict a riot this weekend.

Economy: Krugman asks how much can go wrong before Obama takes the keys to the White House? "Unfortunately," he tells us, "a lot."

Citigroup: Second largest bank in the USA considers sale of its parts or a merger.

Burma: Popular comedian is just the latest of 100 activists who have been imprisoned for speaking out against the country's leadership. Sentenced to 45 years in prison for openly criticising the military junta's leaders slow response to Cyclone Nargis which tore into Burma earlier this year. Aren't you glad you don't live in a country where you are locked up for life for simply speaking your mind?

Entertainment: King of Pop becomes a Muslim named Mikaeel Do you think this will resusicate his career or end his grabbing of his pee pee when he performs? Nah.

OPEC: Song for November 2008 - "Deflation is Wrecking That Old Cartel of Mine"

Australia: After 13 years, a jury convicts Briton of throwing his young Australian model girlfriend off a cliff

Pakistan: Violence between Shiites and Sunni Muslims erupts at a funeral killing ten

US Intelligence Report: America's Dominance will give way to India and China rising

Mogadishu, Somalia: Government troops repel Islamists, killing 15. Islamists now in control of the Southern part of Somalia.

Layoffs: Associated Press to cut 400 members . . . 10% . . . of their workforce

Sinaloa, Mexico: Five federal and state police agents are killed in an ambush in Culiacan as drug gangs try to fight off a government crackdown. The day's toll was 10.

Credit Crunch: If you own credit cards, you will most likely be facing higher fees and rates.

Economy: American consumer's new lesson in living . . . "learning to live below your means"

NFL: Pittsburg defeats Cincinnati 27-10 on a bitter cold and snowy night

NFL: Scores and Schedule

NFL: Standings

Thursday 20 November 08 - Afternoon Edition - Oil falls below $50, Dow, S&P, NASDAQ Drop to 5 Year Lows, Layoffs at JP Morgan, More

Housing: Fannie Mae and Freddie Mac suspend foreclosures until January 9, 2009.

Planet Wall Street: Alien life form Master of the Universe, Henry Paulson, "Cautions Against Overegulation"

Alaska: Police arrest 81 year old drug dealer

Australia: Driver arrested with his penis in a pasta jar

Fort Pierce: Man beats girlfriend with a sandwich








LA Times Front Page Photo and Story: "Housing slowdown spurs auction of construction equipment"



Unemployment: Big Picture blog posts "Unemployment Horror Show" video of Michelle Girard of RBS Greenwich Capital who "dissects the jobless data for Simon Constable of Dow Jones, and explains how the bad situation will likely get a whole lot worse before it gets better."

Unemployment: Mish reminds us all these new layoffs are not included in the unemployment figures released today

Correction: S&P 500 now sits at an 11 1/2 year low.

Layoffs: JP Morgan finally announces 3,000 jobs to be cut . . . or . . . 10% of their workforce





Wall Street: Stocks tumble to 5 year lows. Dow fell 5.6%, S&P 500 plummets 6.7%, NASDAQ dropped 5.1%



Wall Street: Saudi Prince's latest investment doesn't help Citigroup (NYSE: C) which loses 26.41% more today!

Automakers: Democrats freeze bailout, postpone vote, ask Big 3 "What are your plans?"


Energy: Oil plummets below $50 a barrel

Thursday 20 November 08 - Morning Edition - Citicorp stock closes at 13 year low, Domestic Violence: The Dark Secret in Your Workplace, Unemployment

(Two prettiest belly dancers to come through Cowboy Bill's during Fantasy Fest 2008)

Key West: Latest update to Cowboy Bill's Honky Tonk Saloon blog sets all time "hits" record yesterday. Bullcam off the chart last night with one of the coldest Sexy Bull Riding Contests in memory. WARNING! Don't click on the blog or photo tab at Cowboy Bill's website if exposed breasts (painted and non-painted) offend you. It sure doesn't offend the gals who come to Key West to let it all hang out.

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China: US government panel warns China is aggressively pursuing cyber-warfare capabilities to gain an advantage over the US in any conflict.

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China: Grim employment outlook is now number one priority in protest heavy China.

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Domestic Violence:

The Dark Secret in Your Workplace

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Automakers: Without Big 3 bailout, what would happen to NASCAR?

Washington: Taxi driver refuses to drive rifle toting man to DC after man makes mention of "visiting" certain sites. After tip from the cabbie, officials chase the loner from a DC bound train. A Chinese assault weapon is found on the train, man had loaded clips of ammo.

Jobs: Unemployment jumps to highest level in 16 years

Health Science: Medical miracle of an American teenager who lived 118 days without a heart

Bailout: GMAC Finance files to become a bank so it can feed at the government trough.

Great Britain: After last year's success (450 Million English Pounds recovered) British tax authorities prepare for Round 2 of ferreting out offshore tax cheats

China: You may think the Internet for forcing the Chinese government's hand as they allow more mass media to cover riots, demonstrations and other expressions of dis-satisfaction with the Chinese Government.

China: A new focus on safety for the dairy business. Overhaul announced today.

Piracy: Emergency meeting of nations bordering the Red Sea about Somali pirates. Russia sending more ships to the area

Global Recession: In Asia, Japan's Nikkei index ended 6.8% lower and Hong Kong's main index fell more than 4% overnight. London's FTSE dropped 1.6%.

Plastic Surgery: More women opting for labia reduction could easily avoid the operation and get a new boyfriend

Obama: Time for the President-elect to "give up the ghost" of Osama bin Laden?

Israel: Palestinians push their peace plan by taking out ads in Israeli newspapers

India: Shocking torture and murder of a teenage boy who wrote a love letter to a girl in a higher "caste"

Texas: Father yells at son for messing up his fast food order. Son, 16, then shoots dad.

Layoffs: 400 to 500 government employees for Prince George's County, MD to receive pink slips.

Japan: Joint test of defensive interceptor missle fails near Hawaii for Japanese and US Armed Forces . . . Raytheon missles are now 16 for 20 in tests

High Speed Death: Georgia driver cut in half, vehicle demolished, when he crashes at 120MPH.

Family Values: Another "married with children" Man of God can't keep his pants on . . . forces himself on his assistant . . . while Church elders warned her in advance about the kinky pastor

Wall Street: Citigroup stock finishes yesterday at a 13 year low at $6.40 per share; this after announcing a plan to cut 52,000 jobs just two days ago.

Afghanistan: Suicide car bomber blows himself up, wounding people. No casualties, other than the idiot who thinks 72 virgins are on the other end ready to thank him (for a botched job)

Russias: Skinheads blamed for knifing death and racist grafitti in Western Moscow

Print Media: Ziff Davis's PC Magazine to switch to digital distribution only

Health: Heavy drinkers lie to their doctors, men moreso than women

Wednesday 19 Nov 08 - Evening Edition: Mexico's New Booming Export for Americans Who Want Cheap, Affordable Medical Care

(Photo Courtesy CHRISTUS Muguerza's hospital)
CHRISTUS Muguerza's hospital in Reynosa, Mexico, is located right across the American/Mexican border. Texans are now going down there for more affordable healthcare

Health: New trend where Americans are opening hospitals in Mexico so as to contain costs. How basic healthcare is now being outsourced and even the lower and middle classes are taking "Medical Vacations"

Health: Brush your teeth, save your life? Why you lower your risk of heart attack by taking care of your teeth with brushing and flossing.

Science: Genetic code shows Woolly Mammoth was a close cousin to the Elephant; scientists hope to one day re-introduce the Woolly Mammoth using DNA gene splicing



Economy: Businessweek asks "Is Delfation Good for Workers?"

Housing Bailout: Bush Administration and HUD takes new approach to helping homeowners - Smaller writedowns for banks on appraised values.HUD will payoff second liens, raise amount which can be lent as government insurance, turns 30 year mortgage into a 40 year mortgage to lower payments, and no longer requires 3 months of good faith payments by buyers to become permanent.

Automakers Bailout: A History Lesson - How the British bailout of their automakers ended.

Dow Jones Industrial Average: Closes to bear market low. . . First time to go below 8,000 since 2003.

China: Playing "Follow the Americans", Chinese automakers pressing Beijing for a bailout

Sirius/XM Satellite Radio: Tapped out consumer, Detroit woes, debt up the wazoo leads to a stock trading at .17 cents earlier today

Italy: Government to sell bankrupt airline Alitalia to a busines consortium for 1.3 Billion Euros.

Layoffs: Sara Lee cuts 185 jobs, closes their Kosher meat business.

Layoffs: Boeing to cut 800 jobs in Wichita, Kansas this Friday.

Federal Reserve: Slashes projected growth rates. Some Fed officials say we may need to cut rates even more

Wednesday 19 Nov 08 - Late Afternoon Edition - Cheney/Gonzales indicted by Texas Grand Jury: Charges them with organized criminal behavior!

(Photo courtesy of Reuters News Service)
Texas: A Texas grand jury indicts Vice-President Dick Cheney and former Attorney General Alberto Gonzales. Says Cheney profits from his holdings in private jails and denying human beings of their rights. Cites money trail of Cheney's holdings. Gonzales cited for using his position to stop investigations into Cheney's organized criminal behavior.

(Photo courtesy of Associated Press)

Press Wars: Associate Press suspends use of Department of Defense photos because of doctored new General's photo.

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Obama: President-elect selects Tom Daschle as latest Cabinet member. To be Secretary of Health and Human Services

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Layoffs: Time Magzine to cut 250. Time Incorporated to cut another 350.


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Somalia: Somali pirates luxurious lifesytles

Iraq: Parliament erupts in shouting and screaming over new 3 year pact concerning American occupation and withdrawal. Adjourned early.


Iraq: America agrees to Iraqi demands . . . private security contractors no longer immune from Iraqi law


Russia: Lower house of Parliament approves extending Presidential terms from four to six years

Wednesday 19 Nov 08 - Afternoon Edition - 30 Reasons Why You Will See a Great Depression II

Out of work in the 1930s

Economy: Paul Farrell of WSJ's Marketwatch lays one you do not want to miss: 30 reasons for Great Depression 2 by 2011 New-New Deal, bailouts, trillions in debt, antitax mindset spell disaster

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Syria: A Syrian site bombed by Israel last year had features resembling those of a nuclear reactor site, the UN nuclear watchdog says in a report.

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Global Economy: Global markets are all pointing to deflation. Must see chart.

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Missouri: Cyber-bully mom's trial begins for the Internet hoax she pulled on a 13 year old girl who committed suicide.

Wall Street: Legendary investor, Jim Rogers, gives four part video interview. Still hot on commodities, anti-dollar.

Consumer Debt: Giant credit card issuer, American Express, had its highest monthly increase in credit-card delinquencies on record Now we know why they became a bank. Read Mish's take.

Germany: Layoffs and Reductions - Giant German chemical company, BASF, announces "temporary stoppage" or "slowed production" in over 180 plants around the world.

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Al Qaeda: Ayman al-Zawahiri calls Obama a "house slave" for betryaing his "Muslim roots". Calls on Muslims to harm "criminal" America.

Wednesday 19 Nov 08 - Morning Edition - Blackwater to Protect Ships from Pirates, A Sea of Imports With No Place to Go in a Deflating America,

Mitt Romney says

"Let Detroit Go Bankrupt" in NYC Op-Ed today.

Health Science: Stem Cell Research Payoff - Woman is first to have an organ tailor made for her. Operation on her windpipe will revolutionize surgery.

California: Wildfire which destroyed about 200 multi-million dollar homes in Monticedo, CA started from a bonfire set by ten college students in an abandoned lot

Business: Google sets up deal to put entire Life Magazine archives online

New Media: As America’s newspapers shrink and shed staff, and broadcast news outlets sink in the ratings, a new kind of Web-based news operation has arisen in several cities, forcing the papers to follow the stories they uncover.

Alaska: Convicted felon and six term US Senator Stevens finally loses his seat in just completed recount.

New Zealand: Two brothers convicted of killing a 3 year old after torturing her for months. Judge weeps at guilty verdict and thanks jury.

Korean Paparazzi: World class snitches, they don't shoot celebrities, but they shoot average citizens committing minor crimes.

Japan: Japan's No.3 bank joined larger rivals seeking to raise funds to counter growing bad loans, deepening the economic gloom in Asia

Zimbabwe: Robert Mugabe's thugs are now being hunted

Mexico: 500 policeman replaced in Tijuana in effort to root out corruption

China: Thousands of demonstrators in Northwestern China battle police

Trade: A sea of imports with no place to go in a deflating America

China: The United States opens an FDA inspection office in China

Pakistan: 5 people killed in Western Pakistan by suspected US drone missle

Panama: A 6.2 magnitude quake hits within 55 miles of David, Panama . . . city close to border with Costa Rica.

Piracy: Indian warship skirmishes with pirates. Battle lasts 4 to 5 hours and one pirate boat is sunk.

Piarcy: Indian naval ship leaves Pirate's "Mother Ship" in flames

Piracy: Blackwater gunboats for hire to protect ships from pirates

Piracy: Pirates steal 7 ships in 12 days . . . latest seized is from Iran

NBA: Scores

NBA: Standings

NBA: Schedule

Tuesday 18 November 08 - Afternoon Edition - See 35 Hi-Def California Wildfire Photos, Mish on Deflation in the UK & Japan, Could GE Collapse?

A melted rim from a burned vehicle is seen as firefighters work to contain a wildfire fuelled by strong winds in the Sylmar area of Los Angeles November 15, 2008. (REUTERS/Phil McCarten)
California Wildfires: Boston Globe's Alan Taylor posts 35 hi-def photos from the California Wildfires on the Big Picture Blog

Bailout Blues: Treasury's Paulson vs FDIC's Bair vs Congress. Rough closed door session up in DC today

Homebuilders: The Homebuilder Index (measures Homebuilder's confidence) today hit its lowest low of all time . . . a measly "9"

Automakers: CEO of GM, Rick Wagoner, says the US Economy will suffer a "catastrophic collapse'' if domestic carmakers fail (Rock's note: Wait, haven't they already failed?)

Automakers: GM Honcho's perks of expensive & cheap cars a sign of arrogance and waste. Will they be cut in any bailout?

Health: Nestle's Recalls 900,000 Pounds of Lean Cuisine. Blue plastic found inside some servings has injured one.

Business: Minyanville Op-Ed asks "Could GE Collapse?"

Global Economy: Mish - Deflation Hits The UK; Free Money In Japan

Economy: Paulson, the newest convert to regulating the hedge fund industry.

Economy: Did Paulson mislead Congress on the Bailout early on?

Economy: Record losses for giant Pension Funds

Business: Dutch bank Aegeon may buy a US Thrift so it can get bailout money

Piracy: Saudi Arabia brands pirates as "terrorists". See video here titled "Why military force alone cannot get rid of piracy.

Piracy: Danish oil ship hijacked for 30 hours off coast of Nigeria, then released.

Piracy: Honk Kong grain ship bound for Iran hijacked in the Gulf of Aden

Retail: Gift Cards, the gift which might quit giving.

Credit Cards: Issuers cut credit limits, squeezing hard pressed consumers

Detroit: City's budget defecit could top $200 million

Virginia: The Old Dominion catches and readies to deport 171 convicted illegal immigrant sex offenders.