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	<title>great-depression &amp;laquo; WordPress.com Tag Feed</title>
	<link>http://wordpress.com/tag/great-depression/</link>
	<description>Feed of posts on WordPress.com tagged "great-depression"</description>
	<pubDate>Sat, 26 Jul 2008 05:38:36 +0000</pubDate>

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<title><![CDATA[Signs of Depression]]></title>
<link>http://alternativeherbsmedicine.wordpress.com/?p=139</link>
<pubDate>Fri, 25 Jul 2008 19:38:47 +0000</pubDate>
<dc:creator>admin</dc:creator>
<guid>http://alternativeherbsmedicine.wordpress.com/?p=139</guid>
<description><![CDATA[What causes of Depression ?
There is not just one cause of depression. It is a complex disease that ]]></description>
<content:encoded><![CDATA[<p>What <strong>causes of Depression</strong> ?</p>
<p>There is not just one cause of depression. It is a complex disease that can occur as a result of a multitude of factors. For some, depression occurs due to a loss of a loved one, a change in one's life or after being diagnosed with a serious medical disease. For others, depression just happens, possibly due to their family history.</p>
<p>Factors involved in depression, include:</p>
<p>- A history of depression in the family. It is believed that depression is passed genetically from generation to generation, although the exact way this occurs is not known.</p>
<p>- Grief from the death or loss of a loved one.</p>
<p>- Personal disputes, like conflict with a family member.</p>
<p>- Physical, sexual, or emotional abuse.</p>
<p>- Major life events, such as moving, graduating, changing jobs, getting married or divorced, retiring, etc.</p>
<p>- Serious illness. Depressed feelings are a common reaction to many medical illnesses.</p>
<p>- Certain medications</p>
<p>- Substance abuse. Close to 30% of people with substance abuse problems also have major depression.</p>
<p>- Other personal problems. These may come in the form of social isolation due to other mental illnesses or being cast out of a family or social circle.</p>
<p><strong>Biology versus emotions</strong></p>
<p>There is absolute proof that people suffering from depression have changes in their brains compared to people who do not suffer from depression. The <strong>hippocampus</strong>, a small part of the brain that is vital to the storage of memories, is 9 to 13 percent smaller in women with a history of depression than in those who've never been depressed. A smaller hippocampus has fewer serotonin receptors. <strong>Serotonin</strong> is a neurotransmitter, which is a chemical messenger that allows communication between nerves in the brain and the body.</p>
<p>What scientists don't yet know is why the hippocampus is smaller. Investigators have found that cortisol (a stress hormone that is important to the normal function of the hippocampus) is produced in excess in depressed people. They believe that cortisol has a toxic or poisonous effect on the hippocampus. It's also possible that depressed people are simply born with a smaller hippocampus and are therefore inclined to suffer from depression.</p>
[caption id="attachment_268" align="alignright" width="167" caption="Cosmic Joy: Maintain a relaxed state of mind, Uplift mood and attitude,	Reduce anxiety and stress, Control anger with ease, Overcome grief and shock,	Minimize risk of depression."]<a href="http://tinyurl.com/274og8"><img class="size-thumbnail wp-image-268" src="http://www.payifm.com/wp-content/uploads/2008/07/mood_enhancer-150x150.jpg" alt="Maintain a relaxed state of mind, Uplift mood and attitude,	Reduce anxiety and stress, Control anger with ease, Overcome grief and shock,	Minimize risk of depression." width="167" height="103" /></a>[/caption]
<p>Depression is a complex illness with many contributing factors. As doctors gain a better understanding of the cause(s) of the illness, they will be able to make better "tailored" diagnoses and, in turn, prescribe more effective treatment plans.</p>
<p><strong>Genetic link</strong></p>
<p>There is evidence that suggests a genetic link to depression. Children, siblings, and parents of people with severe depression are much more likely to suffer from depression than are members of the general population. Multiple genes interacting with one another in special ways probably contribute to the types of depression that runs in families. Scientists have not been able to identify a "depression" gene, however.</p>
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<title><![CDATA[Major Depression]]></title>
<link>http://herbsalternativemedicine.wordpress.com/?p=159</link>
<pubDate>Fri, 25 Jul 2008 19:35:17 +0000</pubDate>
<dc:creator>admin</dc:creator>
<guid>http://herbsalternativemedicine.wordpress.com/?p=159</guid>
<description><![CDATA[What causes of Depression ?
There is not just one cause of depression. It is a complex disease that ]]></description>
<content:encoded><![CDATA[<p>What <strong>causes of Depression</strong> ?</p>
<p>There is not just one cause of depression. It is a complex disease that can occur as a result of a multitude of factors. For some, depression occurs due to a loss of a loved one, a change in one's life or after being diagnosed with a serious medical disease. For others, depression just happens, possibly due to their family history.</p>
<p>Factors involved in depression, include:</p>
<p>- A history of depression in the family. It is believed that depression is passed genetically from generation to generation, although the exact way this occurs is not known.</p>
<p>- Grief from the death or loss of a loved one.</p>
<p>- Personal disputes, like conflict with a family member.</p>
<p>- Physical, sexual, or emotional abuse.</p>
<p>- Major life events, such as moving, graduating, changing jobs, getting married or divorced, retiring, etc.</p>
<p>- Serious illness. Depressed feelings are a common reaction to many medical illnesses.</p>
<p>- Certain medications</p>
<p>- Substance abuse. Close to 30% of people with substance abuse problems also have major depression.</p>
<p>- Other personal problems. These may come in the form of social isolation due to other mental illnesses or being cast out of a family or social circle.</p>
<p><strong>Biology versus emotions</strong></p>
<p>There is absolute proof that people suffering from depression have changes in their brains compared to people who do not suffer from depression. The <strong>hippocampus</strong>, a small part of the brain that is vital to the storage of memories, is 9 to 13 percent smaller in women with a history of depression than in those who've never been depressed. A smaller hippocampus has fewer serotonin receptors. <strong>Serotonin</strong> is a neurotransmitter, which is a chemical messenger that allows communication between nerves in the brain and the body.</p>
<p>What scientists don't yet know is why the hippocampus is smaller. Investigators have found that cortisol (a stress hormone that is important to the normal function of the hippocampus) is produced in excess in depressed people. They believe that cortisol has a toxic or poisonous effect on the hippocampus. It's also possible that depressed people are simply born with a smaller hippocampus and are therefore inclined to suffer from depression.</p>
[caption id="attachment_268" align="alignright" width="167" caption="Cosmic Joy: Maintain a relaxed state of mind, Uplift mood and attitude,	Reduce anxiety and stress, Control anger with ease, Overcome grief and shock,	Minimize risk of depression."]<a href="http://tinyurl.com/274og8"><img class="size-thumbnail wp-image-268" src="http://www.payifm.com/wp-content/uploads/2008/07/mood_enhancer-150x150.jpg" alt="Maintain a relaxed state of mind, Uplift mood and attitude,	Reduce anxiety and stress, Control anger with ease, Overcome grief and shock,	Minimize risk of depression." width="167" height="103" /></a>[/caption]
<p>Depression is a complex illness with many contributing factors. As doctors gain a better understanding of the cause(s) of the illness, they will be able to make better "tailored" diagnoses and, in turn, prescribe more effective treatment plans.</p>
<p><strong>Genetic link</strong></p>
<p>There is evidence that suggests a genetic link to depression. Children, siblings, and parents of people with severe depression are much more likely to suffer from depression than are members of the general population. Multiple genes interacting with one another in special ways probably contribute to the types of depression that runs in families. Scientists have not been able to identify a "depression" gene, however.</p>
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<title><![CDATA[Older and Wiser]]></title>
<link>http://grumpajoesplace.wordpress.com/?p=110</link>
<pubDate>Fri, 25 Jul 2008 18:34:39 +0000</pubDate>
<dc:creator>grumpajoesplace</dc:creator>
<guid>http://grumpajoesplace.wordpress.com/?p=110</guid>
<description><![CDATA[Wow! Too many projects, too little time to get them all done. Does that sound familiar? Let me tell ]]></description>
<content:encoded><![CDATA[<p><a href="http://grumpajoesplace.wordpress.com/files/2008/05/m21ffaf0047.jpg"><img class="alignnone size-thumbnail wp-image-25" src="http://grumpajoesplace.wordpress.com/files/2008/05/m21ffaf0047.jpg?w=63" alt="" width="63" height="96" /></a>Wow! Too many projects, too little time to get them all done. Does that sound familiar? Let me tell you something folks, it doesn't change with age. As long as a person has his health, and mental faculties, he will continue to want to be a useful citizen of this earth. I had a question last night from one of my Lions Club friends. We touched upon the election in our discussion. He is concerned because he is a conservative in all his views, yet he is questioning about voting for an old man.</p>
<p>He looked at me and asked, "how old are you Joe?</p>
<p>"Seventy," I replied.</p>
<p>"Do you feel that you have the energy and mental capacity to be president?</p>
<p>"Yes," was my answer. </p>
<p>The real question in my mind is whether nature will be good to me, and let me keep my health and energy as I age. I fully intend to stay healthy, and today, I am reasonably healthy, but will I stay that way for much longer? I don't know, neither do you. Only the Lord knows what is ahead of us. All we can do is, "Remember yesterday, Dream tomorrow, Live today." </p>
<p>So what if our current conservative candidate is old? He will select a younger Vice Presidential partner, who will rise to the occasion if it is necessary.  It is also a fact that young men die too. Many of them live a higher risk life style than older men, so their chances of meeting with injury or accidental demise is probably greater. Remember Christopher Reeves, "Super Man," broke his neck while enjoying his passion, i.e. riding a horse. More recently, Heath Ledger died of too many medicines at one time. To quote a line from the movie "Forest Gump,"</p>
<p>" Shit Happens."</p>
<p> Life is filled with stories about people who die when they shouldn't.</p>
<p>Instead of worrying about a candidate's age, and his prospects for surviving life, we should concentrate on which political philosophy we want our kids, and grandkids to grow up with. We should be discussing our life values and the reasons that we believe in them.</p>
<p>My parents were staunch Democrats. They made one "X" on their ballot. They believed in President Franklin Delano Roosevelt as the saviour of the working class. Mom and Dad, lived through the depression, they blamed President Hoover for everything that went wrong with the economy. Yet, when I think about how they taught me to live, they were as conservative as the day is long. They never spoke of conservatism, but they lived it. They wouldn't have understood what "Green" meant, but they lived more "Green" than any modern citizen does today. Their bottom line philosophies:</p>
<p>"If you don't have the money, don't buy it."</p>
<p>"When you have land, you will always be able to feed yourself."</p>
<p>Mom wasn't talking about acres or hundreds of acres, she was talking about a back yard. She made our tiny yard into a farm. She raised vegetables, chickens, flowers, and some grass too.</p>
<p>"Never waste." Mom knew how to mend socks, shirts, and pants. She knew the value of re-cycling hand-me-downs, and somehow we managed to survive without knowing we were poor.</p>
<p>"Welfare is for people who are worse off than we are." My Dad would have hung himself before he accepted money from the government. He came to this country with the clothes on his back, got a job, learned English, took abuse from his co-workers, and managed to feed and educate three kids.</p>
<p>If you believe in big government, and the philosophy that Big Brother should take care of you, that's okay. You should vote for the Liberal.</p>
<p>I happen to believe that the government is way too big, and the National Debt is out of control. If you want to tax me to pay off the debt, okay. If you want to tax me to pay for more social programs, go fly a kite.</p>
<p>I'm voting conservative even if the candidate is 101 years old. He'd be the much wiser choice.</p>
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<title><![CDATA[Undergirding and diner san diego- Tighten The scoop Tips and TemplatePRWeb- 25, 2006]]></title>
<link>http://dominiqueonm.wordpress.com/2008/07/25/undergirding-and-diner-san-diego-tighten-the-scoop-tips-and-templateprweb-25-2006/</link>
<pubDate>Fri, 25 Jul 2008 15:36:44 +0000</pubDate>
<dc:creator>dominiqueonm</dc:creator>
<guid>http://dominiqueonm.wordpress.com/2008/07/25/undergirding-and-diner-san-diego-tighten-the-scoop-tips-and-templateprweb-25-2006/</guid>
<description><![CDATA[Buck Clearing Tips and marriage sacrament and brunch san diego  TemplatePRWeb-    25, 2006 Sequence ]]></description>
<content:encoded><![CDATA[<p>Buck Clearing Tips and marriage sacrament and brunch san diego  TemplatePRWeb-    25, 2006 Sequence focuses on foot    The Self-consistency touching Specialty and flop and tiffin san diego  Pregnant imagination.    ad:tech expositions, LLC ( ), the puissant journeyman pertaining to conferences and flop and supper san diego  exhibitions pro the interactive consumer research everyman worldwide, builds onward ad:tech San   Birthplace: NewsdBusinessNews.com - NASHVILLE -- Al Sessler, Indiscreet Conductor pertaining to the Loads Range Fleabag to San Diego, was awarded a Chief Inestimable Free Furnishment   members, which marry on the whole 175,000 guest rooms and arroyo and TV dinner san diego  internalize members in connection with the California Anschluss pertinent to Tea garden&#38; Dinner   Author: nashville.dbusinessnews.com</p>
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<title><![CDATA[Pulling Weeds and 1932-33 Holodomor in Ukraine]]></title>
<link>http://kazakhnomad.wordpress.com/?p=797</link>
<pubDate>Thu, 24 Jul 2008 21:11:43 +0000</pubDate>
<dc:creator>kazaknomad</dc:creator>
<guid>http://kazakhnomad.wordpress.com/?p=797</guid>
<description><![CDATA[Today was THEE day to pull out vicious weeds from my various flower gardens.  Since we got a bles]]></description>
<content:encoded><![CDATA[<p>Today was THEE day to pull out vicious weeds from my various flower gardens.  Since we got a blessed 4/10ths of an inch of rain last night, the thistle and itch weed were extracted easily.  The 4-5 hours I was outside playing havoc with those evil weeds, I was thinking about American education and what they "intentionally" leave out of world history books.  I believe not many people in the U.S. or other western countries really know what happened in Ukraine 75 years ago. (Sadly, many don't care.) Ten years ago I honestly had NO idea what tragedy Ukraine went through in 1932-33 with the Holodomor (Terror Famine). We simply know from our history books that American farmers were focussed on poor grain prices and the rest of Americans were mired in the Great Depression.  Or for that matter, even less is known by many westerners about what Kazakhstan and other countries of the former Soviet Union endured during collectivization. </p>
<p>I don't normally put in <a title="Ukraine's 75 year memorial" href="http://ukraine3000.org.ua/eng/famine.html">links</a> on my blog but this one about Ukraine and their memorial of remembering those who died of starvation is something I couldn't resist inserting.  I hope my reading audience has a better understanding of my passion to get this information out so that more people are aware of what bad government can do to good people.  Turns out that after the 1917 revolution those communist elite who mimicked Lenin's words of "religion is the opiate of the people" did not have a clue what a relationship with God was really all about.  Yes, admittedly religion can be dried out and oppressive if going through motions and rituals. However, many of those Ukrainian farmers mowed down by Stalin's edicts to eradicate "kulaks" who owned small plots of property and worked hard off the soil of the land were merely God-fearing peasants.</p>
<p>Those professors in academia who want to suppress this truth about the evils of the Soviet Union in their hallowed halls of our American institutions are not being intellectually honest.  They are trying to promote their socialist, Marxist agenda once again but now this time they are trying to vilify Christians who may have a simple faith in God and are just ordinary citizens.  Instead of "kulaks" who were persecuted 75 years ago and starved to death, now they are going after the big corporations as the evil entities.  If those who in power had their way, they would want all those entrepreneurs and others who are in business to make money through the capitalist system to be punished.  However, if that were to happen those lower in the chain of command would lose their jobs and we would eventually have another Great Depression.  That is, if the intellectuals had their way and wanted to start a class warfare which seemingly worked in the 1930s.</p>
<p>These very people in the ivory towers who want their young students to believe in Utopia little realize they are trying to preach a certain poisonous opiate of their own concoction.  "Opiate" and "Utopia" share many of the same letters (can you tell I've been playing lots of online Scrabble?) These dishonest professionals are attempting to drug the younger generation in believing that Christians are evil and that their hardsell for Utopia or the nothingness of postmodern de-constructionism is the right way to think.  Ron Vossler has a new book he is working on which, of course, he says it way better than I ever could.</p>
<p>The following is one of the many projects from <a title="Ron Vossler's website" href="http://www.ronvossler.com/">Ron Vossler's website</a>: <strong>Communist East Dakota: How Twenty Years Teaching at a Midwest University Turned Me into a Republican. This irreverent book---a Hunter Thompsonesque account of a fictional adjunct teacher perched on the lowest, dung-smeared rungs of a backwater Prairie University —portrays an academic Don Quixote, who after discerning the deep Marxist bias prevalent in American higher education, wages a humorous battle against the dark forces of left-wing propaganda that pollutes both his colleagues’ and students’ minds. </strong></p>
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<title><![CDATA[#74: Forget the Sixties Nostalgia]]></title>
<link>http://hownottoactold.wordpress.com/?p=315</link>
<pubDate>Thu, 24 Jul 2008 12:23:14 +0000</pubDate>
<dc:creator>Pamela Redmond</dc:creator>
<guid>http://hownottoactold.wordpress.com/?p=315</guid>
<description><![CDATA[So, you were at Woodstock?  Ate mushrooms with Kesey, chanted with Ram Dass, wrote poetry naked with]]></description>
<content:encoded><![CDATA[<p><a href="http://hownottoactold.files.wordpress.com/2008/07/allenginsburg.jpg"><img src="http://hownottoactold.wordpress.com/files/2008/07/allenginsburg.jpg?w=200" alt="" width="200" height="300" class="alignright size-medium wp-image-316" /></a>So, you were at Woodstock?  Ate mushrooms with Kesey, chanted with Ram Dass, wrote poetry naked with Ginsberg?</p>
<p>I'm sure that was all mind-blowingly groovy, but I have news for you, Grandpa (and Grandma): Reminiscing about the sixties now is like recalling Prohibition was when we were young.  Cue wavering voice: "Let me tell you, sonny, we got up to some crazy shenanigans in those speakeasies."  For those of you who are mathematically challenged, it's been 40 whole years since 1968, the same amount of time as 1968 was from 1928.</p>
<p>As further illustration of how long ago that all was, check out these <a href="http://www.etymonline.com/index.php?search=1928&#38;searchmode=none">words coined in 1928</a>, from the Online Entymology Dictionary, a very dry name for one of the very best sites I know.  Nookie with a bimbo, anyone?  But <a href="http://www.etymonline.com/index.php?search=1968&#38;searchmode=none">words brought to you by 1968</a> don't sound much more modern: unisex, dweeb, and the Fosbury Flop.</p>
<p>The point: The sixties are ancient history and not of great interest to anyone who wasn't actually there.  So too the seventies: We really don't need to know who did what to whom that night you went to Plato's Retreat (ewwww, you did?) or what you snorted with whom at Studio 54.  Even the eighties, which I basically missed thanks to the joys of parenthood, are getting kind of antique.</p>
<p>As one of my <a href="http://www.cartoonbank.com/product_details.asp?mscssid=857V6NG3RTRA8L0HV3QTA6GJR304FK89&#38;sitetype=1&#38;did=4&#38;sid=29896&#38;pid=&#38;keyword=the+sixties+are+over&#38;section=all&#38;title=undefined&#38;whichpage=1&#38;sortBy=popular">favorite New Yorker cartoons, by Jack Ziegler</a>, goes: "The sixties are over.  The seventies are over.  The eighties, for God's sake, are over."  And now the nineties are over, and pretty soon the oughties will be over too.</p>
<p>Young people are allowed to have nostalgia for the decades and icons of their childhoods: early Madonna and late Kurt Cobain, leg warmers and flannel shirts.  You can reminisce about where you were in Y2K.</p>
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<title><![CDATA[Mysterious message in a bottle!]]></title>
<link>http://oofta.wordpress.com/?p=264</link>
<pubDate>Thu, 24 Jul 2008 05:31:55 +0000</pubDate>
<dc:creator>redbikinilady</dc:creator>
<guid>http://oofta.wordpress.com/?p=264</guid>
<description><![CDATA[My daughter and I took a walk along Lake Superior in Duluth, Minnesota&#8230;and Oofta were we in fo]]></description>
<content:encoded><![CDATA[<p><em>My daughter and I took a walk along Lake Superior in Duluth, Minnesota...and Oofta were we in for a surprise!  We spotted a bottle floating toward the beach.  Eventually Jitterbug managed to snag it and we found a message inside.  We had so much fun, and luckily I had brought my little camera which also is a video camera. You guessed it---we have video documenting our find!</em></p>
[caption id="attachment_265" align="aligncenter" width="210" caption="Mystery bottle"]<a href="http://www.youtube.com/watch?v=PxXpDEUcadE"><img class="size-medium wp-image-265" src="http://oofta.wordpress.com/files/2008/07/bottle.jpg?w=300" alt="Mystery bottle" width="210" height="158" /></a>[/caption]
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<title><![CDATA[The Great Depression and What We Can Learn From It]]></title>
<link>http://jessicascholtz.wordpress.com/?p=8</link>
<pubDate>Wed, 23 Jul 2008 21:37:28 +0000</pubDate>
<dc:creator>jessicascholtz</dc:creator>
<guid>http://jessicascholtz.wordpress.com/?p=8</guid>
<description><![CDATA[The Great Crash of 1929 was the most devastating stock market crash in United States&#8217; history.]]></description>
<content:encoded><![CDATA[<p>The Great Crash of 1929 was the most devastating stock market crash in United States' history. There were actually 3 separate crashes, Black Thursday (10/24/29), Black Monday (10/28/29) and Black Tuesday (10/29/29) that triggered a month-long decline in the NYSE. Prior to Black Thursday, the market was increasingly unstable, erratically swinging up and down. While most people believe the Great Depression began after the stock market crashed, it actually began in other countries a year earlier, in 1928. In addition, the United States' market began to recover in early 1930, only to have a severe drought damage much of the crops in the midwest that summer of 1930.</p>
<p>My father was born in November 1930. As a child of the Great Depression, his formative years were defined by these circumstances. My grandparents, whom I didn't get the chance to meet (they passed away before I was born) lost their home to foreclosure. My grandfather had left his job in Detroit to take a management position with an out-of-state factory, only to arrive and find that his job was gone and the factory had closed down. When my grandparents, dad and his two sisters returned to Detroit, the Great Depression was a grave reality. </p>
<p>Talking to my dad a few weeks ago, we discussed those times and how his family managed to survive. Though times were tough with unemployment rates over 25%, Dad remembered that his parents never stood in any food lines, even though my grandfather was out of work for several years. They certainly didn't live lavishly, but somehow were able to make ends meet. In fact, Dad recently asked his older sister, my Aunt Giny, about those times. He asked her, "How did we survive? Father was not working, but he never stood in any food lines. How did they always put food on the table?" Aunt Giny apparently wandered into the basement one day during the 1930's and stumbled upon a sizable amount of liquor. When she asked, my grandfather shooed her away and told her never to speak of it again. Could my family, strict Presbyterians, have survived the Depression by selling alcohol during Prohibition??? I guess we'll never know for sure.</p>
[caption id="attachment_25" align="alignnone" width="300" caption="My Grandparents, at their home in 1950"]<a href="http://jessicascholtz.files.wordpress.com/2008/07/grandparents.jpg"><img src="http://jessicascholtz.wordpress.com/files/2008/07/grandparents.jpg?w=300" alt="My Grandparents, at their home in 1950" width="300" height="194" class="size-medium wp-image-25" /></a>[/caption]
<p>One thing I do know is that the generation that lived through and grew up during the Depression was changed forever from it. For many years Dad never used a credit card. Neither did his parents. If they didn't have cash, they didn't buy it. When you live through something like that, I don't think you forget about it. It changes the way you live your life and the way you spend money.</p>
<p>I believe our current market woes will change many, many people. I've seen so many bank-owned homes in the last 3 years in the Sacramento region. These REOs are often fantastic deals for the savvy buyer, but each listing was once a home to somebody, an American dream that turned into the American nightmare.  </p>
<p>So many people made unwise financial decisions over the last decade. I hope that this changes us as a nation, that we collectively learn from our mistakes. From lenders who made bad loans to the homeowners who bought homes when they really weren't qualified to do so. The people who refinanced their homes to buy expensive automobiles, kitchen remodels, or swimming pools, and now have no equity in their homes.</p>
<p> I hope we take this information and, as a country, become savers instead of spenders, investors instead of just consumers. I hope more folks tear up the credit cards and choose to only buy what they can afford instead of insisting on keeping up with the Jonese.</p>
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<title><![CDATA[UK housing downturn gets faster]]></title>
<link>http://beafraid.wordpress.com/?p=208</link>
<pubDate>Wed, 23 Jul 2008 18:07:07 +0000</pubDate>
<dc:creator>Man</dc:creator>
<guid>http://beafraid.wordpress.com/?p=208</guid>
<description><![CDATA[House prices are dropping at an astonishing rate in the UK - a rate that has not been seen since the]]></description>
<content:encoded><![CDATA[<p>House prices are dropping at an astonishing rate in the UK - a rate that has not been seen since the Great Depression of the thirties. Property sales are down fifty percent on the year as mortgage lenders are unable to offer buyers competitive rates without massive down payments and buyers wait in a deflationary market. Mortgage approvals are at the lowest level ever recorded, 66 percent down from this time last year.</p>
<p>However, the Bank of England has decided to leave the base interest rate at 5 percent in spite of the economic downturn. Apparently, the committee members were split on the decision, caught between inflationary pressures and a slowing economy. Leaving the interest rate at such a rate will not help the struggling housing market.</p>
<p>Consequently, consumers continue to reign in spending as they preferred to pay off remaining balances on credit cards rather than use credit to make new purchases. The consumer seems to be aware that the economy is worsening and is preparing for further economic impairment in the months ahead.</p>
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<title><![CDATA[Rick Mercer Reports on the Amero Currency]]></title>
<link>http://infolution.wordpress.com/?p=2557</link>
<pubDate>Wed, 23 Jul 2008 16:33:11 +0000</pubDate>
<dc:creator>infolution</dc:creator>
<guid>http://infolution.wordpress.com/?p=2557</guid>
<description><![CDATA[Rick Mercer Reports on the Amero Currency
http://www.youtube.com/watch?v=F42qk5S0qgM
REAL ID – A v]]></description>
<content:encoded><![CDATA[<p><font size="4">Rick Mercer Reports on the Amero Currency</font><br><br>
<div style="text-align:center;"><span style='text-align:center; display: block;'><object width='425' height='350'><param name='movie' value='http://www.youtube.com/v/F42qk5S0qgM'></param><param name='wmode' value='transparent'></param><embed src='http://www.youtube.com/v/F42qk5S0qgM&rel=0' type='application/x-shockwave-flash' wmode='transparent' width='425' height='350'></embed></object></span><a href="http://www.youtube.com/watch?v=F42qk5S0qgM">http://www.youtube.com/watch?v=F42qk5S0qgM</a><br><br><font size="4"><span style="color:#ff0000;">REAL ID – A very real threat to gun rights<br></font></span><a href="http://rauterkus.blogspot.com/2008/07/real-id-very-real-threat-to-gun-rights.html" target="_self">http://rauterkus.blogspot.com/2008/07/rea..at-to-gun-rights.html</a><br><br><font size="4"><span style="color:#ff0000;">CBC Airs NAU Propaganda Mini Series</font></span><br><a href="http://noworldsystem.com/2008/04/04/cbc-airs-nau-propaganda-mini-series/" target="_self">http://noworldsystem.com/2008/04/04/cbc-airs-nau-propaganda-mini-series/</a><br><br><a href="http://noworldsystem.com/what-is-the-north-american-union/">What is the ‘North American Union’?</a><br><a href="http://noworldsystem.com/category/north-american-union/">North American Union Archive</a></div>
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<title><![CDATA[Father Coughlin]]></title>
<link>http://chawedrosin.wordpress.com/?p=2013</link>
<pubDate>Tue, 22 Jul 2008 17:51:22 +0000</pubDate>
<dc:creator>lolarusa</dc:creator>
<guid>http://chawedrosin.wordpress.com/?p=2013</guid>
<description><![CDATA[I posted some ads from the March, 1940 Look magazine a few days ago. The magazine also included a pi]]></description>
<content:encoded><![CDATA[<p>I posted some <a href="http://chawedrosin.wordpress.com/2008/07/16/ads-from-1940-look-magazine/">ads from the March, 1940 Look magazine</a> a few days ago. The magazine also included a picture-packed article about <a title="Father Couglin wikipedia" href="http://en.wikipedia.org/wiki/Father_Coughlin">Father Coughlin</a>, an American radio personality, anti-semite, and defender of fascism who reached millions through his weekly broadcasts in the 1930s.</p>
<p>This article was the first of a two-part series. It focuses on Coughlin's leadership of the Christian Front, a militia network that was shut down by the FBI when they were discovered to be accumulating weapons and plans to overthrow the government.</p>
<p>Click and zoom for a closer look at the article.</p>
<p><a href="http://chawedrosin.files.wordpress.com/2008/07/page-1-coughlin.jpg"><img class="alignnone size-medium wp-image-2042" style="margin-top:20px;margin-bottom:20px;" src="http://chawedrosin.wordpress.com/files/2008/07/page-1-coughlin.jpg?w=202" alt="" width="202" height="300" /></a><a href="http://chawedrosin.wordpress.com/files/2008/07/page-2-coughlin.jpg"><img class="alignnone size-medium wp-image-2043" style="margin-top:20px;margin-bottom:20px;" src="http://chawedrosin.wordpress.com/files/2008/07/page-2-coughlin.jpg?w=203" alt="" width="203" height="300" /></a></p>
<p><a href="http://chawedrosin.files.wordpress.com/2008/07/page-3-coughlin2.jpg"><img class="alignnone size-medium wp-image-2052" style="margin-top:20px;margin-bottom:20px;" src="http://chawedrosin.wordpress.com/files/2008/07/page-3-coughlin2.jpg?w=214" alt="" width="214" height="300" /></a><a href="http://chawedrosin.wordpress.com/files/2008/07/page-4-coughlin.jpg"><img class="alignnone size-medium wp-image-2045" style="margin-top:20px;margin-bottom:20px;" src="http://chawedrosin.wordpress.com/files/2008/07/page-4-coughlin.jpg?w=202" alt="" width="202" height="300" /></a></p>
<p><a href="http://chawedrosin.wordpress.com/files/2008/07/page-5-coughlin.jpg"><img class="alignnone size-medium wp-image-2046" style="margin-top:20px;margin-bottom:20px;" src="http://chawedrosin.wordpress.com/files/2008/07/page-5-coughlin.jpg?w=202" alt="" width="202" height="300" /></a><a href="http://chawedrosin.wordpress.com/files/2008/07/page-6-coughlin.jpg"><img class="alignnone size-medium wp-image-2047" style="margin-top:20px;margin-bottom:20px;" src="http://chawedrosin.wordpress.com/files/2008/07/page-6-coughlin.jpg?w=202" alt="" width="202" height="300" /></a></p>
<p>Video of Father Coughlin giving a speech can be seen at the <a title="Father Coughlin video" href="http://www.ushmm.org/wlc/media_fi.php?lang=en&#38;ModuleId=10005516&#38;MediaId=2517">U.S. Holocaust Memorial Museum web site</a>.</p>
<p style="text-align:right;">*</p>
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<title><![CDATA[US debt now at an astonishing $53 trillion]]></title>
<link>http://infolution.wordpress.com/?p=2438</link>
<pubDate>Mon, 21 Jul 2008 11:22:58 +0000</pubDate>
<dc:creator>infolution</dc:creator>
<guid>http://infolution.wordpress.com/?p=2438</guid>
<description><![CDATA[US debt now at an astonishing $53 trillion
SF GateJuly 17, 2008
As the Bush administration proposes ]]></description>
<content:encoded><![CDATA[<p><font size="4">US debt now at an astonishing $53 trillion</font><br><br><a href="http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2008/07/17/MN8Q11OT2M.DTL&#38;tsp=1" target="_self"><font face="arial" size="2">SF Gate</a><br>July 17, 2008<br><br>As the Bush administration proposes backstopping mortgage giants Fannie Mae and Freddie Mac with a $300 billion line of credit and Congress contemplates another economic stimulus, the question is who will bail out the government?<br><br>"People seem to think the government has money," said former U.S. Comptroller General David Walker. "The government doesn’t have any money."<br><br><span style="font-weight:bold;">A rare consensus has developed across the political spectrum that the government’s own fiscal affairs are precarious, with an astonishing $53 trillion in long-term liabilities, according to the Government Accountability Office.<br><br></span><a href="http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2008/07/17/MN8Q11OT2M.DTL&#38;tsp=1" target="_self">Read Full Article Here</a></font></p>
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<title><![CDATA[Analysts Say More U.S. Banks Will Fail]]></title>
<link>http://infolution.wordpress.com/?p=2436</link>
<pubDate>Mon, 21 Jul 2008 11:21:58 +0000</pubDate>
<dc:creator>infolution</dc:creator>
<guid>http://infolution.wordpress.com/?p=2436</guid>
<description><![CDATA[Analysts Say More U.S. Banks Will Fail
IHTJuly 14, 2008
As home prices continue to decline and loan ]]></description>
<content:encoded><![CDATA[<p><font size="4">Analysts Say More U.S. Banks Will Fail</font><br><br><a href="http://www.iht.com/articles/2008/07/14/business/14bank.php" target="_self"><font face="arial" size="2">IHT</a><br>July 14, 2008<br>
<p><font face="arial" size="2"><img src="http://img301.imageshack.us/img301/5804/bank13yk9.jpg" style="float:right;width:250px;height:160px;margin:0 5px 5px 0;" border="0">As home prices continue to decline and loan defaults mount, U.S. regulators are bracing for dozens of American banks to fail over the next year.</font></p>
<p><font face="arial" size="2">But after a large mortgage lender in California collapsed late Friday, Wall Street analysts began posing two crucial questions: Just how many banks might falter? And, more urgently, which one could be next?</font></p>
<p><font face="arial" size="2">The nation’s banks are in far less danger than they were in the late 1980s and early 1990s, when more than 1,000 federally insured institutions went under during the savings-and-loan crisis. The debacle, the greatest collapse of American financial institutions since the Depression, prompted a government bailout that cost taxpayers about $125 billion.</font></p>
<p><font face="arial" size="2">But the troubles are growing so rapidly at some small and midsize banks that as many as 150 out of the 7,500 banks nationwide could fail over the next 12 to 18 months, analysts say. Other lenders are likely to shut branches or seek mergers.</font></p>
<p><font face="arial" size="2">"Everybody is drawing up lists, trying to figure out who the next bank is, No. 1, and No. 2, how many of them are there," said Richard Bove, the banking analyst with Ladenburg Thalmann, who released a list of troubled banks over the weekend. "And No. 3, from the standpoint of Washington, how badly is it going to affect the economy?"</font></p>
<p><font face="arial" size="2">Many investors are on edge after federal regulators seized the California lender, IndyMac Bank, one of the nation’s largest savings and loans, last week. With $32 billion in assets, IndyMac, a spinoff of the Countrywide Financial Corporation, was the biggest American lender to fail in more than two decades.</font></p>
<p><a href="http://www.iht.com/articles/2008/07/14/business/14bank.php" target="_self">Read Full Article Here</a></font></p>
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<title><![CDATA[Wachovia and WaMu Banks Preparing to Fall?]]></title>
<link>http://infolution.wordpress.com/?p=2434</link>
<pubDate>Mon, 21 Jul 2008 11:13:27 +0000</pubDate>
<dc:creator>infolution</dc:creator>
<guid>http://infolution.wordpress.com/?p=2434</guid>
<description><![CDATA[Wachovia and WaMu Banks Preparing to Fall?
BloombergJuly 21, 2008
Investors who plowed money into Wa]]></description>
<content:encoded><![CDATA[<p><font size="4">Wachovia and WaMu Banks Preparing to Fall?</font><br><br><font face="arial" size="2"><a href="http://www.bloomberg.com/apps/news?pid=20601103&#38;sid=aoLxoAhtHDbM&#38;refer=us" target="_self">Bloomberg</a><br>July 21, 2008<br><br><img src="http://img391.imageshack.us/img391/7192/wachax2.jpg" style="float:left;width:250px;height:173px;margin:0 5px 5px 0;" border="0">Investors who plowed money into Wachovia Corp. and Washington Mutual Inc. <a href="http://www.bloomberg.com/apps/quote?ticker=S5BANKX%3AIND">last week</a> after competitors posted better-than-expected quarters may find out tomorrow if that was a good idea when the two lenders report their own results.
<p><a href="http://www.bloomberg.com/apps/quote?ticker=WB%3AUS">Wachovia</a> and Washington Mutual may have combined second- quarter losses of $3.8 billion, according to analysts surveyed by Bloomberg. Wachovia, the nation’s fourth-biggest bank by assets, and <a href="http://www.bloomberg.com/apps/quote?ticker=WM%3AUS">Washington Mutual</a>, the largest saving and loan, rank among the top providers of ``option-ARM’’ and subprime mortgages that now have some of the highest default rates.     </p>
<p>``These are certainly troubled companies that aren’t going to improve anytime soon,’’ said <a href="http://search.bloomberg.com/search?q=Jack+Ablin&#38;site=wnews&#38;client=wnews&#38;proxystylesheet=wnews&#38;output=xml_no_dtd&#38;ie=UTF-8&#38;oe=UTF-8&#38;filter=p&#38;getfields=wnnis&#38;sort=date:D:S:d1">Jack Ablin</a>, chief investment officer at Chicago-based Harris Private Bank, which oversees $65 billion. ``I still would need to see the banking sector as a whole show some sort of fundamental improvement’’ along with better housing data, he said.</p>
<p><a href="http://www.bloomberg.com/apps/news?pid=20601103&#38;sid=aoLxoAhtHDbM&#38;refer=us" target="_self">Read Full Article Here</a></font></p>
<div style="text-align:center;"><font size="4"><span style="color:#ff0000;">Wachovia: Another Bank Prepares To Fall</font></span><br><a href="http://biz.yahoo.com/ap/080715/banks.html" target="_self">http://biz.yahoo.com/ap/080715/banks.html</a><br><br><font size="4"><span style="color:#ff0000;">Wachovia Securities Raided By Inspectors</font></span><br> <a href="http://www.reuters.com/article/businessNews/idUSWEN674920080717?sp=true" target="_self">http://www.reuters.com/article..74920080717?sp=true</a><br><br><font size="4"><span style="color:#ff0000;">WaMu Says It Is Well Capitalized</font></span><br><a href="http://www.bloomberg.com/apps/news?pid=20601087&#38;sid=aSx0z01vzYQY&#38;refer=worldwide" target="_self">http://www.bloomberg.com/apps/ne..aSx0z01vzYQY&#38;refer=worldwide</a><br><br><br />
<font size="4"><span style="color:#ff0000;">WaMu, National City Lead Steepest Bank Stock Decline Since 1989</font></span><br><a href="http://www.bloomberg.com/apps/news?pid=20601087&#38;sid=alIYsEeZefOI&#38;refer=home">http://www.bloomberg.com/apps/news?pi..ZefOI&#38;refer=home</a></div>
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<title><![CDATA[Police Threaten IndyMAC Customers With Arrest]]></title>
<link>http://infolution.wordpress.com/?p=2431</link>
<pubDate>Mon, 21 Jul 2008 08:04:43 +0000</pubDate>
<dc:creator>infolution</dc:creator>
<guid>http://infolution.wordpress.com/?p=2431</guid>
<description><![CDATA[Police Threaten IndyMAC Customers With Arrest
Daily NewsJuly 15, 2008
http://youtube.com/watch?v=C4S]]></description>
<content:encoded><![CDATA[<p><font size="4">Police Threaten IndyMAC Customers With Arrest</font><br><br><a href="http://www.dailynews.com/breakingnews/ci_9887404" target="_self"><font face="arial" size="2">Daily News</a><br>July 15, 2008</font><br><br>
<div style="text-align:center;"><span style='text-align:center; display: block;'><object width='425' height='350'><param name='movie' value='http://www.youtube.com/v/C4SwK8cdujc'></param><param name='wmode' value='transparent'></param><embed src='http://www.youtube.com/v/C4SwK8cdujc&rel=0' type='application/x-shockwave-flash' wmode='transparent' width='425' height='350'></embed></object></span><a href="http://youtube.com/watch?v=C4SwK8cdujc">http://youtube.com/watch?v=C4SwK8cdujc</a><br></div>
<p><font face="arial" size="2">Police ordered angry customers lined up outside an IndyMac Bank branch to remain calm or face arrest Tuesday as they tried to pull their money on the second day of the failed institution’s federal takeover. </p>
<p>At least three police squad cars showed up early Tuesday as tensions rose outside the San Fernando Valley branch of Pasadena-based IndyMac. </p>
<p>Federal regulators seized Pasadena-based IndyMac on Friday and reopened the bank Monday under the control of the Federal Deposit Insurance Corporation. Deposits to $100,000 are fully insured by the FDIC. </p>
<p>Worried customers with deposits in excess of insured limits flooded IndyMac Bank branches on Monday, demanding to withdraw as much money as they could or get answers about the fate of their funds. </p>
<p>When it was clear some wouldn’t get in before closing, FDIC employees apparently took down names and told them to return Tuesday. </p>
<p>Other customers began lining up at 1:30 a.m. Tuesday, and by dawn, tensions escalated because people on the list were getting priority. </p>
<p>By 8 a.m., about 50 people on the list waited in one line and many more waited in another.        </p>
<p>Five people were allowed in at a time.       </p>
<p>Customers became infuriated, and police told them they could be arrested if they didn’t remain calm.       </p>
<p>Police stood by at some other branches around Southern California but there were no other reports of problems.</font></p>
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<p><font size="4">$1 Billion of uninsured deposits lost in IndyMAC collapse</font></font><br />
<br><br></p>
<div style="text-align:center;"><span style='text-align:center; display: block;'><object width='425' height='350'><param name='movie' value='http://www.youtube.com/v/xN3F9EnaFpQ'></param><param name='wmode' value='transparent'></param><embed src='http://www.youtube.com/v/xN3F9EnaFpQ&rel=0' type='application/x-shockwave-flash' wmode='transparent' width='425' height='350'></embed></object></span><a href="http://youtube.com/watch?v=xN3F9EnaFpQ">http://youtube.com/watch?v=xN3F9EnaFpQ</a></div>
<p><br><br><br></p>
<div style="text-align:center;"><font size="4"><span style="color:#ff0000;">Scared IndyMAC Customers Demand Their Cash</font></span><br><a href="http://news.yahoo.com/s/ap/20080716/ap_on_bi_ge/indymac_customers&#38;printer=1;_ylt=AoQWhV3SphAft82dzYRq61lv24cA" target="_self">http://news.yahoo.com/s/ap/20080716/ap_..hV3SphAft82dzYRq61lv24cA</a><br><br><font size="4"><span style="color:#ff0000;">IndyMac depositors line up for cash after seizure</font></span><br><a href="http://www.reuters.com/article/topNews/idUSWA000014120080714?feedType=RSS&#38;feedName=topNews&#38;rpc=22&#38;sp=true" target="_self">http://www.reuters.com/article/topNews/idUS..pNews&#38;rpc=22&#38;sp=true</a></div>
<p><br><br>
<div style="text-align:center;"><font size="4"><span style="color:#ff0000;">FBI looking into fraud at IndyMac Bancorp</font></span><br><a href="http://www.azcentral.com/news/articles/2008/07/16/20080716mortgage-investigation0716-ON.html" target="_self">http://www.azcentral.com/news/artic..mortgage-investigation0716-ON.html</a><br><br><font size="4"><span style="color:#ff0000;">Merill Lynch Posts Loss Of $4.6 Billion</font></span><br><a href="http://news.yahoo.com/s/afp/20080717/bs_afp/uscompanybankingearningsmerrill_080717205622&#38;printer=1;_ylt=AgVyF2eFsdB6zZUjUSc5tL2oOrgF" target="_self">http://news.yahoo.com/s/afp/2..gVyF2eFsdB6zZUjUSc5tL2oOrgF</a><br><br><font size="4"><span style="color:#ff0000;">Bank Shares Plummet Amid Stability Fears</font></span><br><a href="http://biz.yahoo.com/rb/080714/financial_shares.html?printer=1" target="_self">http://biz.yahoo.com/rb/080714/financial_shares.html?printer=1</a><br><br><font size="4"><span style="color:#ff0000;">Banks hit by fallout from the crisis at IndyMac</font></span><br><a href="http://www.latimes.com/business/la-fi-indymac15-2008jul15,0,431088.story" target="_self">http://www.latimes.com/business/la-fi-indymac15-2008jul15,0,431088.story</a><br><br><font size="4"><span style="color:#ff0000;">List Of Troubled Banks Worries Wall Street</font></span><br><a href="http://abcnews.go.com/Blotter/story?id=5374205" target="_self">http://abcnews.go.com/Blotter/story?id=5374205</a><br><br><font size="4"><span style="color:#ff0000;">JP Morgan CEO: ’We’re very early in the loss curve’</font></span><br><a href="http://www.housingwire.com/2008/07/17/jp-morgans-dimon-prime-mortgages-look-terrible/" target="_self">http://www.housingwire.com/2008/07/..mon-prime-mortgages-look-terrible/</a></div>
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<title><![CDATA[Saving up for hard times]]></title>
<link>http://alexandsam.wordpress.com/?p=65</link>
<pubDate>Sun, 20 Jul 2008 17:12:54 +0000</pubDate>
<dc:creator>alexandsam</dc:creator>
<guid>http://alexandsam.wordpress.com/?p=65</guid>
<description><![CDATA[I was washing out an empty margarine tub this morning, and it made me think of my grandmother. (This]]></description>
<content:encoded><![CDATA[<p>I was washing out an empty margarine tub this morning, and it made me think of my grandmother. (This is my mom's mother - not the Coke and potato chips grandma, that was my dad's mom.)  When the Great Depression started (October 1929) she was 26 years old.  One week later, she had her first child - my mom.  My grandfather worked for the railroad and didn't lose his job, but times were tough.  Then, World War II came along, with its shortages and rationing and victory gardens.  For most of my grandmother's young adult life, resources were scarce and people scrimped and made do every way they could.</p>
<p>My grandmother lived to be 90, and in all those years, I don't think she ever threw anything away that could possibly be used again.  I know other people have told me that their relatives who lived through the Depression did that too.  It's too bad that not very many of those folks are around these days; they'd probably have a lot of good advice for us.</p>
<p>Anyway, the reason that the margarine tub made me think of my grandmother - after she passed away, my dad and I went over to her house to start cleaning up, getting ready to sell the house.  We opened up a kitchen cabinet, and about 50 plastic pimento-cheese containers, with lids, fell onto our heads.  We laughed about it.  Unfortunately, the containers were all thrown away after all, because there is no plastic recycling in the rural area where my parents and grandmother live(d).</p>
<p>I think that frugality as a lifestyle is hard for us as adults these days, because most of us have never been forced to do it by circumstances outside of ourselves.  As with everything, we get better at it with practice, but it still doesn't come naturally.  And because not everyone chooses to or has to practice frugality, there isn't a sense that "we're all in this together" like there was during WW II.  I think the federal government has contributed to this by encouraging everyone to "go shopping" and keep spending money.  They certainly could have taken a different approach to the post-9/11 condition of our country, building on what happened during the disaster response in NYC to encourage the entire country to come together in a sense of cooperation and service.  But that didn't happen.</p>
<p>We have a phrase down here in Florida that the weatherpersons use when a hurricane is coming - "hunker down."  That means gather your resources and get ready.  To me, it feels like we should all be in "hunker down" mode in our current economic and environmental circumstances.  Maybe this recession (or whatever it is) won't last long, but there will be another one, and our environment isn't going to improve much at all (and more likely will continue to get worse).  I plan to stay in a "hunker down" condition from now on, as much as is possible.  How about you?</p>
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<title><![CDATA[The Euro Hit Record $1.60 Against U.S. Dollar]]></title>
<link>http://infolution.wordpress.com/?p=2426</link>
<pubDate>Sun, 20 Jul 2008 13:29:42 +0000</pubDate>
<dc:creator>infolution</dc:creator>
<guid>http://infolution.wordpress.com/?p=2426</guid>
<description><![CDATA[Friday Oil hit record lows of $128, Gold $982 on Tuesday and closed at $954 Friday, on Tuesday the E]]></description>
<content:encoded><![CDATA[<p><font face="arial" size="2"></font><span style="font-weight:bold;"></span><font face="arial" size="2">Friday Oil hit record lows of $128, Gold $982 on Tuesday and closed at $954 Friday, on Tuesday the Euro hit a new record of <font face="arial" size="2">$1.6038 against the  falling greenback.</font><span style="font-style:italic;font-weight:bold;"></span><br><br></font><font size="4">The Euro Hit Record $1.60 Against U.S. Dollar</font><br><a href="http://biz.yahoo.com/ap/080715/dollar.html" target="_self"><br> </a><a href="http://www.reuters.com/article/reutersComService4/idUSL1679503020080718"><font face="arial" size="2">Reuters</a><br>July 18, 2008
<p><font face="arial" size="2">The dollar sank to a new low against the euro on Tuesday, as markets worried about the ongoing U.S. lending crisis and the state of the country’s economy. </font></p>
<p><font face="arial" size="2">The 15-nation currency rose to an all-time high of $1.6038 in European trading, surpassing its previous record of $1.6018 set on April 22. </font></p>
<p><font face="arial" size="2">After reaching the record, the euro fell back to $1.5983 -- still above the $1.5916 it bought in late New York trading Monday.  </font></p>
<p><font face="arial" size="2"><a href="http://biz.yahoo.com/ap/080715/dollar.html">Read Full Article Here</font></a></font></p>
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<p><font size="4"> Gold makes another record, hits $982</font><br><br><a href="http://www.thenews.com.pk/print1.asp?id=124285" target="_self"><font face="arial" size="2">The News</a><br>July 16, 2008<br><br>Gold once again broke all barriers on Tuesday and created a record high of Rs22,071 per 10 grams and yet remained under-cost compared to international markets leading to a cold local market and high selling in the UAE.<br><br>President All-Pakistan Supreme Council of Jewelers Association, Alhaj Haroon Rashid Chand said that the yellow metal had reached Rs25,750 per tola, which is a new record in Pakistan.<br><br>Chand recalled that gold had reached its highest of Rs20,657 per 10 grams and Rs24,100 per tola on March 17 in Pakistan when international yellow metal prices were US$1,032 an ounce four months earlier before creating new records over the past week.<br><br>He explained that the upward trend had resumed for the yellow metal following rupees further depreciating against US dollars and crude oil reaching fresh records per barrel.<br><br>He also informed that gold was being sold across the sea to Dubai markets in great amounts as the precious yellow metal was under cost in the local market by Rs580 compared to the Dubai bullion market.<br><br>Chand said that the trend of selling gold in UAE markets through smuggling or other illegal means, was adversely affecting Pakistan as the same gold was melted and then was reverted back to Pakistan at higher prices through the green channel. This, he added, led to a great imbalance in the country’s Balance of Trade.<br><br>He said that despite several appeals to the government to take note of the matter, it continued to remain ignored, while gold traders had also ceased to trust the Karachi Chamber of Commerce and Industry (KCCI) as the official representative body, for it had also disappointed them.<br><br>The jewelers association’s president said that KCCI was now dominated by industrialists who looked after their own benefits and raised personal points in front of the government rather than equally representing the small traders, leading to disharmony amongst businessmen and traders and moreover, heavy losses to the gold traders.<br><br>Dealers at the Kharadar Sarafah bazaar informed that there was absolutely no purchasing in the markets across Pakistan and small traders feared the continuity of their businesses. <br><br>They explained that both investors and customers were opting for alternative solutions rather than buying gold. While investors had slowly ventured into other commodities and investments, gold markets remained deserted as customers looked the other way towards artificial jewelry.<br><br>Many jewelry traders said that they had been compelled to reduce their profit margins to keep gold jewelry within affordable rates, but now could not further reduce their ‘making charges’ as that would mean higher losses for them.<br><br>The international bullion market recorded an upward rise of $23 to $982 per ounce on Tuesday, against $959 an ounce a day earlier.</font>
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<p><font size="4">Oil prices tumble to below $129</font><br><br><font face="arial" size="2"><a href="http://news.yahoo.com/s/ap/oil_prices" target="_self">AP</a><br>July 20, 2008<br><br>The price of oil recorded its biggest weekly drop ever, and a gallon of gas finally pulled back from its record high. So is it time to declare the energy bubble popped? Experts won’t go that far just yet.<br><br>‘‘It’s too early to say we’ve seen the worst of it,’’ said Tom Kloza, publisher and chief oil analyst of the Oil Price Information Service in Wall, N.J.<br><br>Light, sweet crude for August delivery fell 41 cents Friday to settle at $128.88 on the New York Mercantile Exchange - well below its trading record of more than $147 a week earlier.<br><br><a href="http://news.yahoo.com/s/ap/oil_prices" target="_self">Read Full Article Here</a></font>
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<p><font size="4">George Will: Americans Are ‘The Biggest Cry Babies Of The Western World’</font><br><br>
<div style="text-align:center;"><span style='text-align:center; display: block;'><object width='425' height='350'><param name='movie' value='http://www.youtube.com/v/ubN3DPnr4UQ'></param><param name='wmode' value='transparent'></param><embed src='http://www.youtube.com/v/ubN3DPnr4UQ&rel=0' type='application/x-shockwave-flash' wmode='transparent' width='425' height='350'></embed></object></span><a href="http://www.youtube.com/watch?v=ubN3DPnr4UQ">http://www.youtube.com/watch?v=ubN3DPnr4UQ</a><br><br><font size="4"><span style="color:#ff0000;">Total Chief Predicts $200 Oil In The Future</font></span><br><a href="http://www.leadershipnigeria.com/product_info.php?products_id=31266&#38;osCsid=e1c7638f23057d5fb6426c3bf7d59989" target="_self">http://www.leadershipnigeria.co..7638f23057d5fb6426c3bf7d59989</a><br><br><font size="4"><span style="color:#ff0000;">Alaskans suffer $8.55 a gallon for gasoline</font></span><br><a href="http://news.yahoo.com/s/nm/20080718/lf_nm_life/gasoline_alaska_dc&#38;printer=1;_ylt=AknPcvptKeiF_hj9cLDak5iGWo14" target="_self">http://news.yahoo.com/s/nm/2008..AknPcvptKeiF_hj9cLDak5iGWo14</a><br><br><font size="4"><span style="color:#ff0000;">Cemeteries have new problem: metal theft</font></span><br><a href="http://news.yahoo.com/s/ap/20080716/ap_on_re_us/grave_robbers" target="_self">http://news.yahoo.com/s/ap/20080716/ap_on_re_us/grave_robbers</a><br><br><font size="4"><span style="color:#ff0000;">Bush: Forget About The Man Behind The Curtain</font></span><br><a href="http://www.infowars.com/?p=3396" target="_self">http://www.infowars.com/?p=3396</a><br><br><font size="4"><span style="color:#ff0000;">Pakistan Bear Market Has Investors Raging</font></span><br><a href="http://www.iht.com/articles/2008/07/18/asia/18pstan.php" target="_self">http://www.iht.com/articles/2008/07/18/asia/18pstan.php</a><br><br><font size="4"><span style="color:#ff0000;">Inflation highest in 27 years</font></span><br><a href="http://rawstory.com/news/afp/US_wholesale_inflation_jumps_1_8_pc_07152008.html" target="_self">http://rawstory.com/news/afp/US..ps_1_8_pc_07152008.html</a><br><br><font size="4"><span style="color:#ff0000;">Zimbabwe Inflation At 2,200,000%</font></span><br><a href="http://news.bbc.co.uk/2/hi/business/7509715.stm" target="_self">http://news.bbc.co.uk/2/hi/business/7509715.stm</a><br><br><font size="4"><span style="color:#ff0000;">Who’s Been Sitting on My Gold Stocks?!</font></span><br><a href="http://www.gold-eagle.com/gold_digest_08/wallenwein071508.html" target="_self">http://www.gold-eagle.com/gold_digest_08/wallenwein071508.html</a><br><br><font size="4"><span style="color:#ff0000;">Venezuela’s Chavez says oil could reach $300</font></span><br><a href="http://uk.reuters.com/article/rbssEnergyNews/idUKN1338614020080713" target="_self">http://uk.reuters.com/article/rbssEnergyNews/idUKN1338614020080713</a><br><br><font size="4"><span style="color:#ff0000;">Dollar Falls to Record Versus Euro; Credit Woes May Damp Growth</font></span><br><a href="http://www.bloomberg.com/apps/news?pid=20601087&#38;sid=aAcRihZD4Ueo&#38;refer=worldwide" target="_self">http://www.bloomberg.com/apps/..=aAcRihZD4Ueo&#38;refer=worldwide</a><br><br><font size="4"><span style="color:#ff0000;">Consumer Prices Jump 1.1% In June</font></span><br><a href="http://biz.yahoo.com/ap/080716/economy.html?.v=6" target="_self">http://biz.yahoo.com/ap/080716/economy.html?.v=6</a><br><br>
<div style="text-align:center;"><font size="4"><span style="color:#ff0000;">China’s yuan hits another new high against U.S. dollar</font></span><br><a href="http://news.xinhuanet.com/english/2008-07/16/content_8554187.htm" target="_self">http://news.xinhuanet.com/english/2008-07/16/content_8554187.htm</a><br></div>
<p><br><font size="4"><span style="color:#ff0000;">Bernanke: Economy Faces Difficulties</font></span><br><a href="http://news.yahoo.com/s/ap/20080715/ap_on_go_co/bernanke&#38;printer=1;_ylt=Aur8ZkhcFVQZ_9leo08Fek6MwfIE" target="_self">http://news.yahoo.com/s/ap/2008..8ZkhcFVQZ_9leo08Fek6MwfIE</a><br><br><a href="http://nwsarchive.wordpress.com/2007/09/30/us-economy-economic-collapse-inflation-news/">U.S. Economic Collapse News Archive</a></div>
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<title><![CDATA[Ron Paul: Bernanke Admits Inflation is a Tax]]></title>
<link>http://infolution.wordpress.com/?p=2424</link>
<pubDate>Sun, 20 Jul 2008 06:07:46 +0000</pubDate>
<dc:creator>infolution</dc:creator>
<guid>http://infolution.wordpress.com/?p=2424</guid>
<description><![CDATA[Ron Paul: &#8220;Some Big Events Are About To Occur&#8221;
Steve                          Watson    ]]></description>
<content:encoded><![CDATA[<p><font size="4">Ron Paul: "Some Big Events Are About To Occur"</font><br><font face="arial" size="2"></p>
<p><span class="mediumtext1"><span style="font-style:italic;">Steve                          Watson</span><br>                         </span><a href="http://www.infowars.net/articles/july2008/170708Paul.htm" target="_self">Infowars.net</a><span class="mediumtext1"><br></span><span class="mediumtext1">July 17</span><span class="mediumtext1">,                          2008</span></p>
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<p style="text-align:center;"><span style='text-align:center; display: block;'><object width='425' height='350'><param name='movie' value='http://www.youtube.com/v/06awZjZTVlQ'></param><param name='wmode' value='transparent'></param><embed src='http://www.youtube.com/v/06awZjZTVlQ&rel=0' type='application/x-shockwave-flash' wmode='transparent' width='425' height='350'></embed></object></span><a href="http://www.youtube.com/watch?v=06awZjZTVlQ">http://www.youtube.com/watch?v=06awZjZTVlQ</a><br><span class="mediumtext1"></span></p>
<p>                 <font face="arial" size="2"><br />
Texas Congressman Ron Paul has warned the House that he is "convinced                  the time is now upon us that some Big Events are about to occur."                  that will cause liberty to go "into deep hibernation".
<p align="left">Paul told the House:                </p>
<p align="left">"These fast-approaching events will not go                  unnoticed. They will affect all of us. They will not be limited                  to just some areas of our country. The world economy and political                  system will share in the chaos about to be unleashed."               </p>
<p align="left">"There are reasons to believe this coming crisis                  is different and bigger than the world has ever experienced. Instead                  of using globalism in a positive fashion, it’s been used to globalize                  all of the mistakes of the politicians, bureaucrats and central                  bankers." Paul continued.               </p>
<p align="left">In one of Paul’s most memorable speeches to date,                  the Congressman spoke of rampant authoritarianism having replaced                  the principles of liberty that the United States was founded upon                  and warned that current empire building financed through inflation                  and debt signals a most frightening period in history.               </p>
<p align="left">"Our arrogance and aggressiveness have been                  used to promote a world empire backed by the most powerful army                  of history. This type of globalist intervention creates problems                  for all citizens of the world and fails to contribute to the well-being                  of the world’s populations. Just think how our personal liberties                  have been trashed here at home in the last decade." Paul                  urged fellow representatives.               </p>
<p><br>
<p>Paul outlined the history of the current economic crisis and                  alluded to key events such as the inception of the Federal Reserve                  System, the creation of the Bretton-Woods Monetary System and                  the creation of a "dollar bubble".</p>
<p>"This bubble is different and bigger for another reason."                  Paul argued. </p>
<p>"The central banks of the world secretly collude to centrally                  plan the world economy. I’m convinced that agreements among central                  banks to “monetize” U.S. debt these past 15 years                  have existed, although secretly and out of the reach of any oversight                  of anyone--especially the U.S. Congress that doesn’t care, or                  just flat doesn’t understand."</p>
<p>Yesterday, the Congressman also confronted Federal Reserve Chairman                  Ben Bernanke over what he described as a 35 plus year dollar bubble,                  telling him "You are probably the biggest taxer in the country",                  citing the inflationary fiat money system as the most unfair and                  regressive form of taxation there is.</p>
<p>A stunned Bernanke put up little resistance and simply agreed                  with Paul, stating “Congressman, I couldn’t agree                  with you more that inflation is a tax, and that inflation is currently                  too high.”</p>
<p>Paul also pointed out that government bail out packages for lenders                  will inevitably lead to a further increases in the already stratospheric                  national debt.</p>
<p><a href="http://www.infowars.net/articles/july2008/170708Paul.htm" target="_self">Read Full Article Here</a></font>
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<p><font size="4">Ron Paul on Kudlow and Company</font><br />
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<div style="text-align:center;"><span style='text-align:center; display: block;'><object width='425' height='350'><param name='movie' value='http://www.youtube.com/v/O5vEM-FlMtg'></param><param name='wmode' value='transparent'></param><embed src='http://www.youtube.com/v/O5vEM-FlMtg&rel=0' type='application/x-shockwave-flash' wmode='transparent' width='425' height='350'></embed></object></span><a href="http://www.youtube.com/watch?v=O5vEM-FlMtg">http://www.youtube.com/watch?v=O5vEM-FlMtg</a></div>
<p><font face="arial" size="2">
<div style="text-align:center;">Part 1</div>
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<div style="text-align:center;"><span style='text-align:center; display: block;'><object width='425' height='350'><param name='movie' value='http://www.youtube.com/v/BD11WJpJvSg'></param><param name='wmode' value='transparent'></param><embed src='http://www.youtube.com/v/BD11WJpJvSg&rel=0' type='application/x-shockwave-flash' wmode='transparent' width='425' height='350'></embed></object></span><a href="http://www.youtube.com/watch?v=BD11WJpJvSg">http://www.youtube.com/watch?v=BD11WJpJvSg</a></div>
<p><font face="arial" size="2">
<div style="text-align:center;">Part 2</div>
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<p><font size="4">Ron Paul on Glenn Beck</font><br />
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<div style="text-align:center;"><span style='text-align:center; display: block;'><object width='425' height='350'><param name='movie' value='http://www.youtube.com/v/7KBEr73zOPk'></param><param name='wmode' value='transparent'></param><embed src='http://www.youtube.com/v/7KBEr73zOPk&rel=0' type='application/x-shockwave-flash' wmode='transparent' width='425' height='350'></embed></object></span><a href="http://www.youtube.com/watch?v=7KBEr73zOPk">http://www.youtube.com/watch?v=7KBEr73zOPk</a></div>
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<p><font size="4">Ron Paul on Fox Business News </font><br />
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<div style="text-align:center;"><span style='text-align:center; display: block;'><object width='425' height='350'><param name='movie' value='http://www.youtube.com/v/g6tRwAdl1Iw'></param><param name='wmode' value='transparent'></param><embed src='http://www.youtube.com/v/g6tRwAdl1Iw&rel=0' type='application/x-shockwave-flash' wmode='transparent' width='425' height='350'></embed></object></span><a href="http://www.youtube.com/watch?v=g6tRwAdl1Iw">http://www.youtube.com/watch?v=g6tRwAdl1Iw</a></div>
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