14 Oct 2008

News and Resources

Recent News

Pope creates 4 new saints, including Indian woman

Weak dollar sends Vatican into the red

How tall is God?

Maybe We Should Blame God for the Subprime Mess Prosperity Gospel didn't preach sermons about bankruptcy.

US Bank Failures Sit at 13 and Counting A fairly level-headed view of the current crisis and highlights the extraordinary powers the Fed is accumulating for itself. Yesterday's nearly 1,000 point rally in the Dow seems to have financed by selling off commodities. Because of the amount of wealth destruction there also seems to be a shortage of working dollars. I think the next leg down will be when the US Dollar finally gets seriously hit, with possibly the Euro and Sterling dragged down.

London's Gathering Storm

Angry about economy? Smash some plates and move on

Will Europe's Bank Bailout Plan Really Work? Nationalisation of banks is nothing new but means taxpayers will now be backing the liabilities.

Britain Sets Details of Huge Bank-Bailout Plan The only thing here that will help the average person is that the Treasury can now set the rules for these banks to renegotiate mortgages.

US to Pump $250 billion into Banks

The Financial Crisis: What Would the Talmud Do?

Resources

The Federal Reserve Discount Window & Payments System Risk Website. You can find Federal Reserve interest rates, including the Discount or Primary and Secondary lending Rate, Seasonal lending Rate and the Federal Funds Target on this website. Documentation for setting up borrowing arrangements with the Federal Reserve Bank in your district is also included on this page.

The United States Computer Emergency Readiness Team (US-CERT) is a partnership between the Department of Homeland Security and the public and private sectors. Established in 2003 to protect the nation's Internet infrastructure, US-CERT coordinates defense against and responses to cyber attacks across the nation.

Recent saints and blessed created by the Catholic Church. Vatican website.

Dominus Iesus. Controversial piece of Catholic dogma that also highlighted what they really think of other religions, citing non-Christians as "seriously deficient" and even Christian non-Catholics as defects compared to the purity of the Vatican's metaphysical fantasy.

Ketupa.net The 680-plus pages currently provide a short history, an annotated bibliography, a description of major holdings and a detailed chronology for around 450 media groups. Those groups include broadcasters, newspaper and magazine publishers, recording companies, film/video producers and distributers, and academic/technical publishers. There are also profiles about the ten largest global advertising groups, along with information about investment funds with substantial media interests. There is a broader timeline covering media activity since 1712.

British Bankers' Association. How LIBOR interest rates are fixed every business day.


More news and resources links may follow throughout the day.
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