01/9/09

US in Depression

Financial expert Mike Shedlock (Mish) says in his blog today…

“There is no official definition of depression. Here is mine. When the U-6 unemployment rate rises above 12.5 in conjunction with a stock market that is down close to 50%, it’s an economic depression. We are in one.”

Click on image for more detail.

Click on image for more detail.


And have been since about November of last year.

01/6/09

All out war against Gaza civilians

In Jan, 2008 an Israeli fuel blockade stopped food from reaching Gaza. In December 2008, Israeli blockade ‘forces Palestinians to search rubbish dumps for food’. It is no wonder that when people are starving they get desperate and resort to sending rockets at their enemy in an attempt to protect themselves. Now a Norwegian doctor working in Gaza says that this Israeli offensive is an “All out war against Gaza civilians”.

The good doctor reports that a large percentage of casualties are to woman and children. “Where is the International community?” … “This is a complete disaster”.