©tqnyc.org |
Summary: The dollar continued to fall last week, and losses accelerated in the stock market last week. In the United States the Dow fell 4% and the NASDAQ nearly 7%. Gold gained another 3% in dollars and 2% in euros. The only bright spot was oil, which gained only four tenths of a percent in dollars and lost nearly eight tenths of a percent in euros.
The U.S. Federal Reserve Board seems to have lost control of the situation.The Fed's usual remedy, pumping money into the system, is making the disease worse. The deregulation of the financial industry during the past 25 years caused this mess. And it was completely foreseeable...
Cross-dressing FBI Director J. Edgar Hoover presided over the greatest development of organized crime America has ever seen |
©War Cemetery |
Lt. Gov Paul Johnson (center, with hat) blocks Marshal James McShane and James Meredith (right) from attempting to enter University of Mississippi on the day of Kennedy's inauguration, January 20, 1961 |
©Ben Heine |
©CBS |
©Aero-News Network, Inc. |
©Unknown |
Smoke from the fire could be seen across London |
©AP |
Several people were injured in the clashes following the right-wing rally |
©Unknown |
Peter Hill is reportedly being questioned for attempting to pass secrets to the Russians |
©Unknown |
Russian oil tanker spills 1,300 tonnes of fuel into Kerch Strait |
©Asia Times Online |
©Unknown |
'copyleft' - Carlos Latuff |
©San Francisco Chronicle file |
"the strange part is, a lot of other organizations use the same tactics but nobody tends to notice them. The army, marine corps, navy, sports teams, pimps ;), etc.. all use the same break em down, build em back up tactic, which is brainwashing 101."
©REUTERS/Jim Young |
President George W. Bush and German Chancellor Angela Merkel hold a news conference at his ranch in Crawford, Texas, November 10, 2007. |
©Unknown |
©Ariel Jerozolimski |
Strategic Affairs Minister Avigdor Lieberman. |
©Fadi Arouri/MaanImages |
Israeli border policemen scuffle with Palestinians and peace activists during a demonstration against the apartheid wall in the West Bank village of Bil'in, November 2006. |
©CNN |
Baha, 12, waits for treatment in an Iraqi Red Crescent center after shrapnel pierced his left eye. |
©Bloomberg/Jack Smith |
©n/a |
"Manias, panics, and crashes are the consequence of an economic environment that cultivates cupidity, chicanery, and rapaciousness rather than a devout belief in the Golden Rule." - Peter L. Bernstein, Foreword to Manias, Panics, and Crashes (4th ed.) by C. P. Kindleberger
©REUTERS/Robert Galbraith |
A National Park Service ranger places a sign indicating the closure of a roadway leading to the base of the Golden Gate Bridge in San Francisco, November 8, 2007. |
©El Tiempo |
©Webshots / radicallyinclined |
©AP Photo |
A laptop screen shows musical notes encoded in Leonardo Da Vinci's "Last Supper." |
©REUTERS/Stevan Lazarevic |
A Neolithic figurine shows a girl in a short skirt and ornate top, found in the Plocnik archaeological site near the town of Prokuplje in southern Serbia, Nov. 3, 2007. |
©University of Hawaii |
A comparison of Comet Holmes, the sun and Saturn (inset) is shown in this image from the University of Hawaii. |
©Red Orbit |
©ESA |
The unmanned Rosetta craft has already flown past Earth once |
©REUTERS/Ignacio Alva/Handout |
Archaeologists work at the clay temple Ventarron in the northern city of Lambayeque, November 10, 2007. |
©Boris Zubov |
Fife Symington says he nearly had a close encounter while governor of Arizona. |
©n/a |
At least virtually Bush has chance of victory |