Money & Markets
The Sheltering Storm: Uncertainty on Section 8
By Matt Schwarzfeld – CityLimits.org (24 Mar 2008)
—–~ Catherine’s comment: Are states and cities expected to vote Democratic in November scheduled to lose their HUD money?Iceland Contagion May Spread Far And Wide
By Ambrose Evans-Pritchard – London Telegraph (27 Mar 2008)People Don’t See Yet It’s a Money Problem, But They Will
By Murray Pollitt – Pollitt & Co. (24 Mar 2008)South Korean Pension Funds Shuns U.S. Debt
By Michael MacKenzie – Financial Times, London (26 Mar 2008)Chinese Exporters Shun Flagging Dollar
By Robin Kwong – Financial Times, London (27 Mar 2008)Waiting for Armageddon
At The Economist.com (27 Mar 2008)RLPC-Morgan Stanley Credit Lines To Be Downsized-Sources
By Faris Khan – Reuters (27 Mar 2008)Bear’s Bondholders, Not Public, Should Pay
By John P. Hussman – HussmanFunds.com (24 Mar 2008)CPM Gold Yearbook 2008 – An Interview on The Financial Sense Newshour
Jim Puplava interviews Jeffrey Christian (22 Mar 2008)Hoarding by Banks Stokes Fears on Credit Crisis
By Chris Giles & James Politi – Financial TImes, London (25 Mar 2008)Main Street Sacrificed to the Gods of Wall Street
By Trader Mark – SeekingAlpha.com (20 Mar 2008)Statement on Financing Arrangement of JPMorgan Chase’s Acquisition of Bear Stearns
From the Federal Reserve Bank of New York
From Wikipedia~ Update on Clear Channel
Clear Channel Deal in Legal War
From BBC News (26 Mar 2008)Clear Signals That The Banks Are Shutting Their Doors
By Slobhan Kennedy – Times Online (28 Mar 2008)Revealed: How Sovereign Wealth Funds Were Left Nursing Multibillion Losses
By Richard Wray – The Guardian.co.uk (22 Mar 2008)Fed’s Rescue Halted a Derivatives Chernobyl
By Ambrose Evans-Pritchard – London Telegraph (23 Mar 2008)JPMorgan Raises Bear Stearns Offer, Fed Balks
At Daily Intel (24 Mar 2008)Morgan’s Revised Bid for Bear Emphasizes Original Ripoff, Fed Desperation
By Charles Reiter – Reuters (24 Mar 2008)Disclosure Reports on Contributions to Eliot Spitzer’s Campaign for Governor
At FollowTheMoney.org_________________________________________________________
Precious Metals
Chinese Banks Allowed to Trade Gold Futures
Editor: Yan Liang – China View (24 Mar 2008)_________________________________________________________
Mortgage Market
Bank of England Preparing To Buy Banks’ Junk Mortgages
By Chris Giles & Krishna Guha – Financial Times, London (26 Mar 2008)L.A. Land ~ California Freefall: Home Prices Down 26% in February
By Peter Viles – Los Angeles Times (26 Mar 2008)
From PrudentBear.comFed Joins Bank of England In Denying Junk Mortgage Purchase Plan
By Sumeet Desai & Timm Ahmann – Reuters (22 Mar 2008)Central Banks Plot Mass Purchase of Junk Mortgages
By Chris Giles & Krishna Guha – Financial Times, London (21 Mar 2008)Rubin Calls for Urgent Government Action to Stem Foreclosures
By Rich Miller – Bloomberg.com (21 Mar 2008)Note from Catherine: For Bob’s role in choosing bubbles rather than real solutions when he helped start the housing bubble, read Dillon, Read & Company & The Aristocracy of Stock Profits.
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Food & Health
Rising Prices Hit the Organic Supply Chain
By Samuel Fromartz – Natural Foods Merchandiser (24 Mar 2008)Food Stamps Double Since ’01
By Catherine Candisky – Columbus Dispatch (22 Mar 2008)
Click the image to find out…Organic Winter Wheat Topped 100 Bushels Per Acre In Bozeman Last Harvest
By Carol Flaherty – Montana State University (17 Mar 2008)_________________________________________________________
Life
Gone in 2 Minutes: Mac Gets Hacked First in Contest
By Robert McMillan – Yahoo News (27 Mar 2008)_________________________________________________________
Geopolitical
Truckers ‘Going Broke’ And Threatening to Strike
By Barb Ickes – Quad-City Times (19 Mar 2008)“I Could Tell You But Then You Would Have To Be Destroyed By Me
Emblems from the Black World” – By Trevor PaglenUS Legal System ‘Worse Than Russia’
By Michael Herman – TimesOnline (18 Mar 2008)Inside a Government Chemtrail Aircraft
From Tim White – CloakAndDagger.deEnergy, Water in “Catch-22”
By John Fleck – Albuquerque Journal (20 Mar 2008)_________________________________________________________