“BeePrepared” wrote us to recommend the Hippo Roller as a method to transport large amounts of water without a vehicle.
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Cheryl (our Economic Editor) sent us this raft of news and commentary. The first item should not come as a surprise to you, since I’ve been warning about the derivatives threat for years: Bailout Secret: To Prevent $68 Trillion Derivatives Collapse — Financial TEOTWAWKI: LIBOR TED Spread Flashes Trouble. (“I don’t want to name names, … but there is a silent bank run going on. There are no lines in the street, but it is a run nevertheless. It is large investment funds and corporations quietly pulling their money from some of the best banks in the country.”) — Credit Markets Hit By Cat 5 Financial Hurricane — Greenspan Calls For Action On Financial Crisis — The Real Reason Behind The Rush (The Fed is close to illiquidity) — This “Greater Depression” Could Last A Decade — Markets Face Major Crash If Bailout Fails — Economists Against The Paulson Plan — Wachovia Explores Sale With Wells Fargo, Banco Santender & Citi
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Eric sent this from The Telegraph: Bailout failure ‘will cause US crash’
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Jack B. sent us this news story from Nanny State Britannia: Residents could be hit with £5,000 rubbish collection fine for leaving bin out. It is high time to take the hint and Take The Gap!