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Yahoo - Treasury, Fed move to bolster money market funds
The Treasury Department said it would use its $50 billion Exchange Stabilization Fund to provide the guarantees for the money market mutual funds. The exchange fund was created in 1934 to provide support for the dollar.
LA Times - Hey U.S., welcome to the Third World!
We...want to ( Read more... ) -
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Paul Krugman - The unknown unknowns have turned into known unknowns
Hurricane Hangover, Shortages Ahead
Yahoo - Financial hardships for most cities to grow in '09
In pothole-ridden Tacoma, Wash., officials planning a long-awaited street repair program were counting on $19 million during the current two-year budget cycle. But that figure is ( Read more... ) -
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Gregory Mcdonald diesI haven't read nearly as broad across the mystery spectrum as I should've, and there's a ton of contenders out there, but Fletch is the only one a notch, maybe only a skosh behind Marlowe, and a good step ahead of Elvis Cole and half a football field ahead your Scudders and Robicheauxs and Spensers. Mcdonald was a master of ( Read more... ) -
When the director of Anchorman is moved to weigh in, it might indeed be time to stick a fork in it
We're Gonna Frickin' Lose This Thing
McKay seems pretty much on the ball, but he's not nearly so passionate for his position as David Zucker, the maker of An American CarolThe trailer is a horror. Bill O'Reilly promotes the movie during his show. Bill puts about as much effort into the promo spots as when Krusty went into the studio to record ( Read more... ) -
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As of 6 a.m. this morning, neither Drudge nor Fox News.com have any link to any story regarding the FDIC taking over Silver State ; perhaps because...
In July, the bank announced the resignation of Andrew McCain as a director ( Read more... ) -
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Joe Bageant - The System
I do speaking engagements and radio interviews when I am here. And I find that I must tone down the truth into something that fits into the consensus reality, even when speaking to lefty crowds. I have to pretend more or less that I think it can be fixed, that some politician can be elected who will turn around 200 years ( Read more... ) -
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Inflation - Newsweek
The VA Continues To Abandon Returning Vets
The Next Bailout
FDIC reported last week that its assets stand at $45.2 billion, a puny 1.01% of the nation’s insured deposits, the lowest level since its bankruptcy twenty years ago ( Read more... )