Psyche's News Roundup

Inflation soars to 16-year high | Personal Finance | Reuters
Bloomberg.com: World May Be Lucky to Get Worst Recession Since 1983
U.S. to Buy Stakes in Nation's Largest Banks - WSJ.com
Germany and France restore trust with guarantees - Times Online

FT.com / World - Icelandic exchange reopens for trading
FT.com / Companies / Financial services - Markets surge on £1,465bn European bank bail-out
U.S. Forces Nine Major Banks To Accept Partial Nationalization - washingtonpost.com

The Quadrillion Dollar Powder Keg Waiting To Blow - The International Forecaster
We have successfully transformed credit risk into solvency risk
Bloomberg.com: Worldwide Roubini Sees Worst Recession in 40 Years, Rally's End

Washington Monthly: The Stakes 2008
Think Progress » Politico removes its claim that McCain’s tax cuts are ‘aimed directly at the middle class.’ (Updated)
Economic Dishonor Roll (economic war criminals)

Central banks offer unlimited free money - Oct. 13, 2008 Fed to offer dollars to Bank of England, European Central Bank and Swiss National Bank to lend to private bank (see inflation, above)
McClatchy Washington Bureau | 10/12/2008 | Private sector loans, not Fannie or Freddie, triggered crisis
Columnist Paul Krugman wins Nobel economics prize: Financial News - Yahoo! Finance (for free market revisionism)

The Big Picture | How to Repair What Ails Us
BBC NEWS | Business | Viewpoints: Where now for capitalism?
NC 911 Truth --- America has been Hijacked: Follow the Money -- The Assassination of Eliot Spitzer
The Harder They Fall, the More I Smile - NYTimes.com (What could possibly go wrong?)

CQ Politics | McCain Camp Ignores Questions About Candidate’s Military Record (how he blew up the USS Forrestal)
John McCain Promises To “Whip” Obama » Oliver Willis
McCain's Week Off To Rocky Start "the economy has hurt us a little bit in the last week or two" and "direct connection between the September 11 terrorist attacks and the war in Iraq" (Cindy! I need more pills!)

ABC: "Palin Makes Troopergate Assertions That Are Flatly False" (denial for enthusiasts)
The Book of Sarah - News - Village Voice (Yet Another Whopping Palin Scandal)
YouTube - Pittsburgh to Palin: Keep the Puck Out
Palin Falls Prey To Fey - New York Post - Swift-Butted: "Tina Fey is well on her way to ruining Sarah Palin's political career"
Tina Fey On Sarah Palin: "If She Wins...I'm Leaving Earth"

Commentary: McCain campaign following in Hillary's footsteps - CNN.com
The Big Picture | Change in Presidential Philosophy “The Bush administration, which took office as social conservatives, is now leaving as conservative socialists.” -Allan Mendelowitz (rimshot)
The Big Picture | No Time to Waste . . (history of Comrade Paulson screwing up)