We. are. FUCKED.

giandujakiss has a roundup of exactly what the hell is going on in the financial markets today. If you don't read anything else in her round up, (and I REALLY would suggest you read all of it) I'm gonna NEED you to read Teh End of Wall Streets Boom, from beginning to end. Don't skip one sentence. And when you have finsihed reading that? Take a look at how Hank Paulson, is happily looting the Treasury and giving away free gov't money to all the little fucks who caused the whole meltdown in the first place

Then I'm gonna suggest that you read Naomi Klein's three articles The New Trough and The Bailout: Bush's Final Pillage and In Praise of a Rocky Transition

And yes, that sick feeling in your stomach? that is supposed to be there.

(no subject)

HUGE Prop H8te Roundup

And in this new postracial America...

Local Newspapers Cover Rising Number of Racist Anti-Obama Actions in Small Towns

Employees at Hampel's Key and Lockshop in Traverse City, Michigan, flew an American flag upside down last Wednesday protesting of the new president-elect, the Traverse City Record-Eagle reported. One worker used a racial slur during an interview with the Record-Eagle: "(The inverted flag is) an international signal for distress and we feel our country is in distress because the n----- got in," said Hampel’s employee Rod Nyland, who later apologized for the comment, according to the Record-Eagle.

One North Carolina man who flew his flag upside-down claimed that voters were racist, electing Obama because of his skin color, according to the Winston-Salem Journal. “The flag is stretched upside-down between two poles in a field, with a black X running from end to end. The X is a reference to the Confederate flag, said flag-owner Tony Heath. It reflects his belief that the Confederate flag has been unfairly targeted for protest by people trying to be politically correct,” the Journal reported.

In Pennsylvania, an interracial couple in Apolacon Township discovered the remains of a burned cross in their front yard. “The couple discovered the remnants of the cross about 8:15 a.m. Wednesday (Nov. 5) when a man knocked at their door. Johnson looked out the front window and noticed charring on the utility pole, then discovered two charred 1-by-3-inch planks, each about 4 feet in length, beneath it,” according to the Star-Gazette. The woman, who is Jewish, lives with her husband, who is black. "The Little Meadows area was the site of KKK rallies several decades ago, and a local woman who worked on Obama's campaign said Wednesday she heard tales of racist remarks directed at supporters," the story concludes.

Just today, two men were arrested there: 19-year-old Forrest Ashcraft and 22-yearold Stephen Barret of Friendsville. They're charged with ethnic intimidation and trespassing.MORE

If stuff actually does go down? The asshole who gives out shock, surprise or any permutation of "noone could have foreseen"? Will be met with rhetorical violence. Just staking out my position.

Playing the blame game. Talk about stiff necks and hardened hearts on all sides!

Inside Story - Gaza humanitarian crisis - Nov 14 - Part 1

Inside Story questions the 'blame game' being played by the parties while the people of Gaza continue to suffer.

Israel has refused permission for a convoy of trucks containing basic humanitarian supplies to deliver their loads to the Gaza Strip. Initially, the authorities had said they would allow passage for the 30 truckloads of drugs and food.

As the United Nations warns that it is going to run out of food for its aid programmes, all the parties, Hamas, Fatah, Israel and Egypt are blaming one another for the mounting humanitarian crisis in the Gaza Strip.

Israel has said that as long as rocket fire continues from Gaza into Israel, the border crossings will stay closed. The UN insists that this amounts to collective punishment, which is illegal under international law.

Christopher Gunness, the spokesman for the UN refugee agency UNRWA, said: "This has become a blockade against the UN itself."

Inside Story - Gaza humanitarian crisis - Nov 14 - Part 2

Videos to see

That Sinking feeling - PNG

March 2007
The Carterets in the Pacific will be the first islands in the world to disappear because of global warming. Sea levels are rising at a phenomenal rate and sea walls, have vanished under the tide.
...

It's estimated that by 2015, the Carteret Islands will disappear under the sea. MORE

Industrial Ghosts - USA

June 2008
Detroit was once the symbol of America's industrial power; the birthplace of Ford, the assembly line and the home of GM. But now it feels more like a ghost town littered with abandoned buildings.

In 1913 Detroit was booming but when the Great Depression hit, this abruptly ended. Between 2006 and 2008 four of GM's plants in Michigan closed, and more than 15,000 are homeless in the city.MORE

The End Of Globalisation - World

We chart financial liberalisation in East Asia, privatisation in Latin America, the reckless transition to capitalism in Russia and Chinas more cautious evolution to a market economy. Our vision of the economy is a caring economy, an economy where the State has to be the fundamental engine, not the market explains economic reformer President Hugo Chavez. We ask whether the policies of lending institutions like the IMF have exacerbated financial crises, as its rescue packages have ended up servicing bank debt. Of course these packages end up rescuing private lenders from the consequences of their own actions, admits economist Paul Krugman, echoing concerns about bailout loans.

Now THIS would be the change I could believe in!

An aspirational edition of the New York Times

The Yes Men: All The News We Hope To Print

Favourite articles:

Court Indicts Bush on High Treason Charge

Education Department Plans National Tax Base for Schools

US Patriot Act Repealed

Congress returns Civics to high school curriculums

High-Speed Internet Hits Fast Track to Appalachia

Washington Redskins Renamed

Pharmaceutical Law Revised to End Corruption

Iraqis Around the World Celebrate U.S. Withdrawal, Rebuilding Plan

Labor Dept. Launches Job Creation Program

Maximum Wage Law Passes