Yesterday’s stock market boost — kicked off by the Fed’s announcement that it will be buying more T-bills — didn’t last. Today the Dow dropped 2.5%, and the Nasdaq 3%. The economic outlook remains somewhat grim.In other news, a large Iraqi militia has switched sides, and is working for Al Qaeda again. Rumor has it that Al Qaeda outbid the Iraqi government with its salary offer.
To see the headlines and the articles, open the full news post.
Thanks to 4symbols, Andy Bostom, C. Cantoni, JP, KGS, Lurker from Tulsa, Steen, TB, TV, and all the other tipsters who sent these in.
Commenters are advised to leave their comments at this post (rather than with the news articles) so that they are more easily accessible.
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3 comments:
I ran across this at Harry's Place...good stuff.
The Useful Idiot terminology needs to be pushed more with regards to Islam.
Useful Idiots BBC World Service
The war in Iraq has NOT been won. If Iraq falls to the enemy like Vietnam did, they are not going to leave us alone. It will not be obivious, but the help to our enemies will be effective.
It can only be a matter of time before the war comes here. Actually, it is here already, it just has not yet become big enough to been seen by all.
Here is an interesting article:
Why India must oppose Kosovo's independence
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