Top Picks ~ Week of February 18, 2008


Fidel Castro Steps Down as President of Cuba
By James C. McKinley, Jr. –
International Herald Tribune (19 Feb 2008)
Fidel Castro said Tuesday that he would step down as the president of Cuba, opening the way for his brother Raul Castro to become Cuba’s head of state. Continue…

Money & Markets

German State-Owned Banks on Verge of Collapse
By Wolfgang Reuter – SpiegelOnline (20 Feb 2008)

Drug War Clock ~ drugsense.org

Shadow Government Statistics ~ SGS M3 Continuation, GDP Annual Growth and more . . .

US To Turn up Heat on Tax Protesters
By Robert Schmidt – Bloomberg News (20 Feb 2008)

United Natural Foods Stock Plummets
By Cara Rubinsky – Associated Press (22 Feb 2008)

Supreme Court Rules Employees Can Sue Over 401(k) Misconduct
By Carrie Johnson – Washington Post (21 Feb 2008)

Coffee, Cotton and Sugar Look to Gain Amid Commodity Boom
By Blake Robben – BarChart.com (20 Feb 2008)

German Wages, Prices Limit ECB’s Room for Rate Cut
By Simone Neier & Christian Vits – Bloomberg.com (20 Feb 2008)

KKR Debt Delay Fans Credit Fears
BBC News (20 Feb 2008)

Iran Opens its 1st Oil Products Bourse

From the Associated Press (18 Feb 208)

Rural Development Broadband Loan and Loan Guarantee Program
At USDA Rural Development website

Vallejo On Brink of Bankruptcy
By John Boitnott – NBCll.com (19 Feb 2008)

Arcane Market is Next to Face Big Credit Test
By Gretchen Morgenson – New York Times (17 Feb 2008)

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CitiGroup Shuts London Fund to Withdrawals
By Angela Jameson – Times Online (15 Feb 2008)

Bond Insurer Split May Trigger Lawsuits, Analysts Say
By Cecile Gutscher – Bloomberg.com (18 Feb 2008)

US Banks Borrow $50bn Via New Fed Facility
By Gillian Tett – Financial Times, London (18 Feb 2008)

Northern Rock Deal Could Cost Us Each L3,500
By Andrew Porter, et al – London Telegraph (19 Feb 2008)

Inflating Away Debt
By Mike Mish Shedlock – Minyanville (19 Feb 2008)

New Trouble in Auction-Rate Securities
By Jenny Anderson & Vikas Bajaj – New York Times (15 Feb 2008)

Mainstream vs. Main Street
By P. Joseph Potocki – Metrosantacruz.com (13 Feb 2008)

Cassandra of U.S. Fiscal Issues, Walker Leaving Government Accountability Office
By Elizabeth Williamson – Washington Post (16 Feb 2008)

Internet and the Iran Oil Bourse
By Sandhya Jain – Organizer.org (24 Feb 2008)

Iranian Envoy Suggests Pricing Iranian Oil in Rubles
From Islamic Republic News Agency (15 Feb 2008)

The Breakdown of Wall Street Alchemy
By Doug Noland – Credit Bubble Bulletin
(15 Feb 2008)
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Mortgage Market

The Subprime Primer

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Food & Health

Industry Concerns Follow Massive US Beef Recall
By Linda Rano – foodproductiondaily.com (19 Feb 2008)

Wheat Market Gone Wild
By Tom Webb – Pioneer Press (Feb 2008)

How Corn is Quickly Becoming the New Crude
By Carrie Taie – Financial Post, Canada (16 Feb 2008)

Agribusiness Gaining More Control Over Universities
By Nancy Scola – Alternate (15 Feb 2008)

I Was Right About the Bird Flu Hoax
Dr. Mercola.com (14 Feb 2008)

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Life

Cellphone Radiation Alters Skin Proteins
Associated Press (12 Feb 2008)

The Milky Way is Twice the Size We Thought It Was
Press Release: University of Sydney (20 Feb 2008)

Total Lunar Eclipse – Feb 20-21, 2008 ~ Animation

Musicians Sue Universal Music for Lost Royalties
By Edith Honan – Reuters (15 Feb 2008)

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Geopolitical

Experts Fear Debris Isn’t the Only Fallout From Satellite Shoot-Down
By Nancy A. Youssef – McClatchy Newspapers (21 Feb 2008)

Map Shows Toll on World’s Oceans
By Helen Briggs – BBC Science Reporter (14 Feb 2008)

Kosovo MPs Proclaim Independence
BBC News (17 Feb 2008)

Dahlgren Rail Gun Shot Sets World Record
By Doug Devant – Naval District on dcmillitary.com (14 Feb 2008)

The Most Dangerous Political Malaise
By Billy Konrad – BillyKonrad.com (15 Feb 2008)

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