Monday Morning Madness in Oz.........

[vesta]

Hi folks,

the market here in Australia is following the closing patterns of the US on Friday and taking a bit of a battering...here's a few links to peruse:

Dollar Dives as Investors flee to greenback,
http://www.bigpond.com/news/business/content/20081027/2401710.asp

Local Shares dive again amid Asian Rout,
http://money.ninemsn.com.au/article.aspx?id=652956

Australian Funds in Crisis after Bank Guarantee,
http://money.ninemsn.com.au/article.aspx?id=652712

since the majority of European and banks of the Americas are yet to start their new wk's trding this should be interesting to see the repercusions over there as well.

Blessings,

Vesta

[jonah70757]

Stay liquid stay safe until New monetary system is worked out!

[Rocky_Shorz]

in your first link it should say Flee "to" Greenbacks...

[vesta]

Thanks RS,

noted amd amended! :original:

How many hrs b4 your mkts open now?

Blessings,

V.

[Rocky_Shorz]

I've been watching the Aussie Free fall, doesn't look good, is New Zealand Closed?

We have a dozen hours until we open

[vesta]

Hi RS, haven't seen anything from 'the land of the long white cloud', perhaps one of our peers from NZ can provide commentary on that?

Here is an update on the AUD ride @ the moment:
http://money.ninemsn.com.au/article.aspx?id=655534

It is unusual for me to be able to be on at this time as I'm usually at work and definitely unable to access this or any other forum from those premises....so being unwell as I am, today I am able to post updates as they come in instead of first thing in the a.m or after work in the P.M.

I think it will be interesting to see the freefall that I believe is about to occur.

I remember a visit to the US that I took with one of my kids back in 2002 and then we were getting about 0.51 cents to the USD - I don't know if it's headed back to that or..................

Guess it's time to strap on our parachutes and see were the prevailing winds will blow us to.

Fair winds RS, fair winds,

blessings,

Vesta.

[mmerlinn]

Thanks RS,

noted amd amended! :original:

How many hrs b4 your mkts open now?

Blessings,

V.

Markets open in U.S. in about 12-1/2 hours, about 930 EST (GMT-4 I think).

The New Zealand market is closed for a public holiday.

http://money.ninemsn.com.au/article.aspx?id=655557

[vesta]

Cheers, mmerlinn.

Should be a giddy-up kinda day, I'm feeling it in my waters and the north-westerly winds are blowing here at the moment - usually brings in some cranky weather with it, :wink2:.....

Blessings,

Vesta.

[vesta]

Latest update on the AUD:

http://money.ninemsn.com.au/article.aspx?id=655564
Aussie dollar a 'whipping boy'
http://www.news.com.au/business/story/0,27753,24556799-31037,00.html
Self-funded retiree left with $5 after fund freeze
http://www.news.com.au/business/money/story/0,25479,24550640-14327,00.html
RBA steps in as dollar tumbles
http://www.news.com.au/business/story/0,27753,24557335-462,00.html

V.

[blastawaycas]

just under 8 hours in UK before the markets open and the fun begins thats if it kicks off at 9.00am gmt, should be intersting thanks forkeeping us posted cobber!!:shocked::shocked:

[vesta]

Hi BAC,

so by rights our mkts should close just as yours are opening for business, and the UK will be a few hrs b4 the US - will definitely post an update by then and will wait with interest to see how the day plays out around this blue ball....

Blessings,

V.

[pineal-pilot-in merkabah]

they pull plug when dow hits 4000 or belowm i reckon... we hav a few weeks left?? whilst nato pokes sticks into syria and pakistan.... its all go

[blastawaycas]

lets not forget shoving iran into a corner before it lashes out at on of those ships in the gulf.....it is so nicely falling into place....the PTB all the worlds leaders should forced to make the first cavalry charge, i wasquite shocked to read that the austrailian dollar has lost 80% it value over the japanese yen jeez thats quite frightening, i also read that Oz is down to one weeks supply of diesel fuel plenty of everything else but as your transportation infrastructure is run on diesel engined vehicals...hell food shortage and general mayhem

[vesta]

here's a report albeit short on gold being the saving grace in the face of the falling mkts.....

http://money.ninemsn.com.au/article.aspx?id=655581

Since we of the wide brown plains rely heavily on long-haul transportation for the vast majority of food, the custard will hit the proverbial fairly quickly here for those with no access to any resources. You should see what the supermarkets are like the day b4 a public holiday, ppl are usually queued for 100's of metres with overflowing trolleys for just the fact that it's one day they won't be able to get a loaf of bread or a litre of milk.

I personally will be spending this f/n's pay pkt on dried goods and non-perishables to stock up the pantry a little further. ( Though of late the shelves have been more & more sparse, particularly the rice and legume sections, someone else must be having the same thought drats:doh:).

We are in for some interesting times in the very near future dear friends,

blessings,

V.

[blastawaycas]

well vesta i not really in a position to give you any advice just to offer the best of british when the poop does hit the fan you have my sympathies, ok for us brits we love queueing!!, thanks for the updates your top of the pops for that:thumb_yello:

[vesta]

Cheers BAC,

and here's another for you:

http://money.ninemsn.com.au/article.aspx?id=655597

I think it's going to be valuable to look at these updates from earlier time zones and see the impact, ( or not), as the mkts open around the globe. I'll be interested to see how things begin to play out in several mkts over the next 48hrs....gives this globe an opportunity to turn once for all of us and then see how things are panning out! :wink2:

Just glad really that I'm in a rural area and won't have to run the gamut as some will in the cities - one can only imagine how nasty it may get... sending lots of love and light that this won't be the outcome though!

V.

[Genevieve]

Yep Vesta - i just popped into Bunnings this morning to buy a heap of seed potatoes!!! Gonna get them planted this afternoon - to complement the rest of the vegie patch. Figuring i might need more space to grow even more food in the near future i converted another front garden bed into a vegie patch last week!!

It certainly wont go to waste. I've long been an advocate of "localising" food anyway. It seems ridiculous to me to buy produce from the other side of this country or the other side of the world for that matter because it is a few cents cheaper!!

These certainly are interesting times.

[vesta]

Hi Gen,

good on you lovely for getting into the gdn this arvo, I'm afraid I'm loathe to go outside too much at the moment as my allergies have flared up really badly, (why I'm not at work as the drugs I took really knocked me out and I slept away most of this morning), and I am trying to avoid aggravating the situation too much! Obviously I have to do a few things, like go out to the water tank since it's not plumbed into the house but anything else is rethought for today at least....

Agreed, have always thought it a huge shame that we as a nation have not been able to undertake at a local level more of our own viable food production, harkens back to the slow food movement and the commonsense of eating to the seasons rather than demanding product that is lesser quality all yr round!

Our fore-founders had it right - if you wanted to eat out of season then preserve, pickle, smoke, dry or do without!!! :original:

On my shopping list I will be keeping an eye out for an ezi-yo yoghurt maker, we will hopefully still be able to get milk locally and my family loves yoghurt...have started re-organising my veges and the fruit trees in my small orchard are coming along nicely at the moment. Neighbours have chooks so barter should work there.

Blessings to you and yours,

V.

[vesta]

Some more to chew the fat on:

Gold rises on more Govt Intervention
http://money.ninemsn.com.au/article.aspx?id=655607

FOREX Forecasts don't favour AUD
http://money.ninemsn.com.au/article.aspx?id=655608

Global Mkt:ASIA Shares fall on recession , YEN firm
http://money.ninemsn.com.au/article.aspx?id=655610

Nikkei up on techs after 26-year low, banks weigh
http://money.ninemsn.com.au/article.aspx?id=655686

V.

[vesta]

http://money.ninemsn.com.au/article.aspx?id=655694

Middle East mkts also discussed in this report.

V.

[Rocky_Shorz]

1100 points of swing today in Hong Kong within the first hour, down 5%...

Doesn't look like a good start for the week...

Looks like a good day to play Shorts... oh wait, they shut em down last week...

I liked how Japan opens the market for 2 hours, slams the door on a positive note and everyone heads out to drink Sake...

When they get back, everyone is ready to buy... :wink2:

Maybe we should make Wall Street like Vegas, everyone sits in a Chair and gets served strong free drinks to keep the money flowing in...

[vesta]

For the latest in today's good news:

World depression unlikely - OECD
http://www.news.com.au/business/story/0,27753,24558181-462,00.html

Enjoy the read!

V.

[Rocky_Shorz]

Japan just opened after 1 1/2 hour break and it dropped into the negative within minutes...

They should have given them a little more time for sake...

[Rocky_Shorz]

This just came up from TOKYO (Reuters)...

He said the Group of Seven rich nations would soon issue a joint statement. The finance minister, Shoichi Nakagawa, said the statement would be issued on Monday and say that the group will cooperate appropriately on foreign exchange markets.

[vesta]

LOL!!!

Obviously the sake isn't strong enough......... or they weren't drinking for long enough - what an idea, no wonder a friend of mine in this game has spent most of the last mth alternating from the foetal position under his desk to drinking his way thru 18 holes each day!

V.

[vesta]

WTF????

So we're now awaiting a joint statement to be released???

V.

[vesta]

UPDATE 1-Oil falls below $64, economy outweighs OPEC cut
http://money.ninemsn.com.au/article.aspx?id=655712
Yen surge is excessive: Japanese MP
http://news.ninemsn.com.au/article.aspx?id=655720
Japan announces plan to support market
http://money.ninemsn.com.au/article.aspx?id=655731

[vesta]

Yen surge is excessive: Japanese MP
http://news.ninemsn.com.au/article.aspx?id=655720
Japan announces plan to support market
http://money.ninemsn.com.au/article.aspx?id=655731
China's economic growth to be hit
http://news.ninemsn.com.au/article.aspx?id=655734

Any other news from countries that should now be open and trading????

V.

[Rocky_Shorz]

where is my mini violin for the oil companies...

They sucked us dry when they had no reason tipping the economy, you won't see any tears from my eyes for the greedy lil .:mad3:

[vesta]

Australia c.bank intervenes to buoy ailing Aussie
http://money.ninemsn.com.au/article.aspx?id=655564

waiting for the Euro and UK Markets folks.........

V.

[Rocky_Shorz]

a brutal couple of days for India, down 1700 to 8200 and they just opened...

uh oh, the sake wore off, Japan is down 500 and sinking fast

[vesta]

resume the sake intake post haste!!!

Perhaps the rest of the day will be all light & fluffy???

:roll1: :roll1: :roll1: :roll1: :roll1:

V.

[vesta]

Australia shares fall 1.6 pct on recession gloom
27/10/2008 4:16:35 PM

MELBOURNE, Oct 27 (Reuters) - Australian shares fell 1.6 percent on Monday, extending their losing run to a fourth session, with investors still dogged by fears the global economy is heading into recession.

The benchmark S&P/ASX 200 index (.AXJO


S&P/ASX 20027 October,200827/10/2008 16:45 Sydney, Australia.
Value Change % Change
3809.2 -60.2 -1.6%

Australian indices
International indices
.AXJO , 3809.2, -60.2, -1.6%) was lost 60.2 points to close unofficially at 3,809.2, its lowest close in four years, following a 2.6 percent slide on Friday. ($1=A$1.62) (Reporting by Sonali Paul)
V.

[vesta]

Nikkei slumps to 26yr low
http://www.bigpond.com/news/breaking/content/20081027/2402653.asp

Australian share market hits new low as financials slump
http://www.news.com.au/business/story/0,27753,24559274-31037,00.html

Now over to others who will be seeing the opening of the mkts in Europe, the UK and the America's over the next few hrs.

Blessings to all,

Vesta.

[Rexie]

HANG SENG INDEX : -/- 15 % !! at this time of writing !

This index lost almost 1.900 points..

Sorry, already more than 1.900 points down...now...9:06 GMT+1

When they close, Europe will open.
Hang on today for a tough ride.

I expect statements today from world leaders, if not, it will almost certainly end in a freefall today... that's what it looks like now..

[mysticphoebos]

Stay liquid stay safe until New monetary system is worked out!

New monetary system?

Snap out of your hypnotized comatose 'look the other way' state.

Sorry my friend this so called crash is all planned, one must ask when they pull the next stunt on the new monetary system crash what are you going to say?

"Oh just wait till they get the RFID chip worked out I will take one on my forehead thanks?"

Lets be positive about this, they are wrecking this sick system to bring in a sicker one, but it is an opening to cut them off at the pass, collective thoughts! take control of your own life and eliminate governments and the pathetic Illuminati curtain show forever, freedom is ours we are powerful beings just DO IT.

[IRKCOD]

In response to earlier question thread.

Monday 27th is a statutory holiday, Labour Day, in New Zealand. Markets and Banks closed for the day

[Pomguymguy]

So Sorry I got it wrong - I thought this 'MONEY THING' was just an illusion ?:shocked:

[blastawaycas]

:nono: IMF..$16.5BN DOLLAR LOAN TO UKRAIN....UK SHARES LOWEST FOR 5 YEARS...G7 FRETTING OVER SURGING YEN HSBC -- SANTANDER SHARES WOBBLING...THE CARDS ARE SLOWLY STARTING TO CRUMBLE AND WORLDWIDE IT IS UNSTOPPABLE PERPETUAL FINANCIAL COLLAPSE......ALL LEADING TO AS SOMEONE MENTIONED EARLIER IN THIS THREAD A NEW WORLD MONETARY SYSTEM....AND WHEN THE CIVIL UNREST STARTS ...... FIRE UP A LITTLE WW3 :wall:

[love and gratitude]

just remember your spirit within and do not buy into the fear.

[Swanny]

I've been watch bloomberg :sleep_1:
bloke on there mentioned the NWO

[Rocky_Shorz]

Kramer from Mad money said 82 was as low as the Dow would go, each time it hits there a new rally begins...

[vesta]

Wall Street opens lower amid global selloff
http://www.bigpond.com/news/breaking/content/20081028/2402840.asp

GLOBAL MARKETS-No respite in equities rout after G7 comments
http://money.ninemsn.com.au/article.aspx?id=655911

Oil price dives briefly below $US60
http://money.ninemsn.com.au/article.aspx?id=656077

I guess we'll have to wait and see how low things get today folks.

Blessings,

Vesta.

[mmerlinn]

http://finance.yahoo.com/q/bc?s=%5Eaxjo&t=3m&l=on&z=m&q=l&c=%5EGSPC

http://finance.yahoo.com/q/bc?s=%5EAXJO&t=5d&l=on&z=m&q=l&c=%5EGSPC

http://finance.yahoo.com/q/bc?s=%5EAXJO&t=3m&l=on&z=m&q=l&c=%5Enz50,%5EGSPC


http://finance.yahoo.com/intlindices?e=asia

[Knightbk]

Personally, I think we will see the DOW bottom out in the high 5000's or low 6000's but unless something "bad" happens, it wont happen via a Panic Sell.

The recession and all the fear that goes with it will blead it out over the next 4-8 weeks and then the next few Quarters after that will probably keep it in the 7000-8000 range.

I doubt we will see another Bull Market for 2 or 3 years but it depends really.


I still think people who predict we will be "starving" are borderline retarded and will hold to that for a long time.

[Humble Janitor]

where is my mini violin for the oil companies...

They sucked us dry when they had no reason tipping the economy, you won't see any tears from my eyes for the greedy lil .:mad3:

Even if gas gets cheaper, I won't be driving more. I expect it to rise again after the election and it ALWAYS goes down before an election, depending on which party is in power and it's a tool to try and convince people to support that party's candidate or continue on their ignorant ways.

[Knightbk]

Todays 900 point rally didn't change my above opinion.


However, I want to note this:

NOBODY knows what will happen, not even analysts. They have been wrong throughout history.

[Rocky_Shorz]

Kramer from Mad money said 82 was as low as the Dow would go, each time it hits there a new rally begins...

See, they let it fall to 8200, then everyone buys in to turn it into a rally...

I've been playing with an online trading system, if I had the 700B to start with, my portfolio would have brought it up to 5.8T, and I don't have a clue what I'm doing...

1 month and the national debt is cut in half...

are you telling me that people that know what they are doing can't be pulling off the same?

Tomorrow morning after the market hits the Midday peak, I'll switch back to Shorts to ride it back down... These huge point spreads are awesome for traders...

[Rocky_Shorz]

I just flipped everything to shorts...

The rise is over for this round

The shorts I picked will be affected by the drop in Dollar value...

VW is down 400 points today 50% drop...

everyone shorted...

++++++++++++++++++++++++++++++++++++++++++

I wrote a Macro to buy and sell depending on indicators...

IT flipped back to long 120 points ago... I'm up 7% for the day

remember I'm just playing a game, just because I'm psychic and lucky doesn't mean I know anything about trading...

This last swing was thanks to a computer...:wink2:

$6.3T

++++++++++++++++++++

Shorted the ride back down, ended the day at $6.8T

a Trillion dollar day...

[vesta]

Morning all,

here's another few pieces to start today:

US Fed slashes rate to 1 pc
http://www.bigpond.com/news/breaking/content/20081030/2405112.asp

Aussie shares rally after Wall Street bounce
http://money.ninemsn.com.au/article.aspx?id=656797

Australia to help managed funds qualify for deposit guarantees
http://money.ninemsn.com.au/article.aspx?id=656597

Banks were leaking money before freeze
http://www.news.com.au/business/story/0,27753,24574976-462,00.html

Credit crisis impact 'in emissions scheme'
http://www.news.com.au/business/story/0,27753,24574950-31037,00.html

Blessings,

Vesta.

[Rocky_Shorz]

had a good ride, it was a Trillion Dollar day...

Can't wait for tomorrow...

Maybe the US Treasury will hire me to Git r done...

[vesta]

The madness continues on Friday:

ExxonMobil profit hits record $US14.8b
http://money.ninemsn.com.au/article.aspx?id=658147

US economy shrinks, signalling recession
http://money.ninemsn.com.au/article.aspx?id=658144

Australia to avoid recession: RBA
http://money.ninemsn.com.au/article.aspx?id=658008

Have a great w/e folks I'll be off to Sydney tomorrow for a few days...

blessings,

Vesta.

[Rocky_Shorz]

yesterday I was busy and only made a few points, but including today, I'm up 22 %

That puts me at 8.3T

our national debt is almost paid off

Imagine what I could do if I just had a clue... ;-)

[vesta]

Hi all,

here's some fresh stuff for us:

Australia will dodge recession: economist
http://www.bigpond.com/news/topstories/content/20081105/2410364.asp

or

Expect bad news in economy outlook: Swan
http://news.ninemsn.com.au/article.aspx?id=660386

I wish they could make up their minds, LOL!!! :roll1:

Reserve Bank cuts rates by 75 basis points
http://money.ninemsn.com.au/article.aspx?id=659908

Pressure mounts for banks to pass on rates cut
http://www.bigpond.com/news/topstories/content/20081105/2410356.asp

Wish these bankers would just get on with it and stop the GREED!!! :thumbdown:

European markets rally as US polls open
http://www.bigpond.com/news/topstories/content/20081105/2410361.asp

Oil prices surge after slump
http://www.bigpond.com/news/topstories/content/20081105/2410348.asp

UPDATE 11-Oil jumps 10 percent on Saudi supply cuts
http://money.ninemsn.com.au/article.aspx?id=660017

There's some mid-wk madness for you folks,

blessings,

Vesta.

[Rocky_Shorz]

I took Silverman's advice and went Long on oil to get ready for the election to end...

up to 9.3T...

[Frank Samuel]

I'm with you Vesta lets go !!!:boat::naughty:

[Rocky_Shorz]

I'm curious with you from Puerto Rico, have you ever visited the HAARP location?

2 megawatt facility in Puerto Rico (18°20'38.97"N 66°45'9.77"W)

are all of these earthquakes you are having normal?

[vesta]

did just that for a few hours on Monday around Sydney Harbour on a rented yacht - what bliss for a short time!!! :wub2:

It's our 25th wedding anniversary today so we had a long w/e sans kids and went back to the scene of the crime, so to speak!WOOHOO!!! :wub2: :wub2: :wub2: Back @ home today to share the celebrations with our three most wonderful creations......

Frank, Rocky if either of you decide to cast off and are looking for a deckhand, make sure you sail down the coast of Oz to pick this girl up!!! :wink2: Could definitely cope with several mths at sea and I'm a dab hand in the galley to boot!!! :lol3:

Wow this is an entertaining journey if nothing else at the moment, I'm curious to see how this election will play out for the citizens of the US and what the fallout will be, as I'm sure there will be fallout......

Still I am glad we can get on here and have a chat about these matters, I would have been planning a trip for next March to my fav city in the US, (SF), but our dollar value just makes it near impossible for the next little while. So will have to content myself with the photos from previous trips over until the currency system gets itself sorted out, LMAO - that means it won't be for quite some time then I guess!!! :lmao:

Have a truly blessed day guys,

Vesta.

PS Frank I would be interested in hearing your response to Rocky's last as well though I think I might already know the answer...... :wink2: V.

[Rocky_Shorz]

Hong Kong likes Obama... Market is up 1000

[vesta]

well it seems like he's the new man in charge - giddy up!

Let's see what the other mkts make of it all....

Vesta.

[vesta]

Not a good start to our day here in Oz..........

Jobs figure likely to deliver more gloom
http://news.ninemsn.com.au/article.aspx?id=661010

Blessings to all,

Vesta.

[Rocky_Shorz]

all the Markets are tanking, it isn't just in Oz...

I agree with Merlyn, right now they are just managing the decline, waiting for the meeting that is a week away between world leaders.

Will they decide on a new Worldwide Currency?

Will they roast Marshmallows over a bonfire of bad paper?

[vesta]

but Uncle Rocky, I like the crispy outers and fluffy inners of a toasted marshmallow - as long as thry're not burnt.....:lmao:

Here's what the storytellers are reading to us as we get tucked into bed tonight boys and girls:

RBA says we're in for a bumpy ride, but it won't be too bad
http://www.news.com.au/business/money/story/0,25479,24628258-5016110,00.html

Sweet dreams from the great southern land,

blessings,

Vesta.

[vesta]

to quote my good friend - we're faaarked!!!

Macquarie's profit plunges
http://www.news.com.au/business/story/0,27753,24668444-462,00.html

Citigroup to slash 50,000 jobs worldwide
http://www.news.com.au/business/story/0,27753,24668319-5017676,00.html

Australian share market hits fresh four-year low
http://www.news.com.au/business/story/0,27753,24670682-462,00.html

Fun times hey folks! LOL

Blessings to all of you,

Vesta.

[vesta]

Here's Monday 24 Nov 2008 for us all,

Next budget already $1b in deficit: economist
http://www.bigpond.com/news/breaking/content/20081124/2427473.asp

APEC leaders agree on action plan
http://www.bigpond.com/news/breaking/content/20081124/2427481.asp

Voters concerned over Rudd deficit: poll
http://news.ninemsn.com.au/article.aspx?id=670656

Obama to unveil economic team
http://news.ninemsn.com.au/article.aspx?id=670663

Venezuela wants one million bpd OPEC cut
http://money.ninemsn.com.au/article.aspx?id=670680

Australia rate fever grows as markets worsen
http://money.ninemsn.com.au/article.aspx?id=669657

Bush makes last appeal for free trade
http://money.ninemsn.com.au/article.aspx?id=670481

Sober shirts chosen for APEC :mfr_omg: :naughty:
http://news.ninemsn.com.au/article.aspx?id=670666

Global financial crisis strengthening political ties: Rudd
http://www.bigpond.com/news/breaking/content/20081124/2428396.asp

Deficit would be a failure: Turnbull
http://news.ninemsn.com.au/article.aspx?id=670972

US govt unveils plan to rescue Citigroup
http://news.ninemsn.com.au/article.aspx?id=670942

Rates at 1960 levels by Easter: tip
http://money.ninemsn.com.au/article.aspx?id=670843

Babcock to sweat through bank talks
http://money.ninemsn.com.au/article.aspx?id=670986

Enjoy this Monday's morning madness from Oz, blessings to you all and may you be guided safely thru the coming trials and tribulations,

Vesta.

[vesta]

Australian dollar to hit all-time low of US47c, bank says
http://www.news.com.au/business/story/0,27753,24703862-462,00.html

no wonder ppl in this country are now resorting to blowing up ATM's!!!

Blessings to you all,

Vesta.

[henners]

Australian dollar to hit all-time low of US47c, bank says
http://www.news.com.au/business/story/0,27753,24703862-462,00.html

no wonder ppl in this country are now resorting to blowing up ATM's!!!

Blessings to you all,

Vesta.

Just think of it this way. Last time the dollar was that low, our tourism industry (particularly from the U.S.) went through the roof. And now with the release of the movie "Australia", the tourists will be coming here in droves:lmao:, or thats what they say.:roll1:

[vesta]

On the sly today -

Macquarie Bank cuts 100 bankers, advisers
http://www.news.com.au/business/story/0,27753,24750949-462,00.html

Backlash to filtering -

GetUp! organises advertising blitz to protest internet filter
http://www.news.com.au/technology/story/0,28348,24750766-5014239,00.html

YouTube cracks down on 'sexually suggestive' content
http://www.news.com.au/technology/story/0,28348,24749643-5014239,00.html

Hungry? Pay up -

Fuel tax will inflate grocery bill
http://www.news.com.au/story/0,27574,24754084-29277,00.html

Kickstarting economies -

Bank rates hit lowest level since 1939
http://www.news.com.au/business/story/0,27753,24753880-31037,00.html

Now we're being punished by God? -

Financial crisis an act of God: Bidgood
http://news.ninemsn.com.au/article.aspx?id=682222

Credit Suisse cuts 5,300 jobs worldwide
http://news.ninemsn.com.au/article.aspx?id=682069

Richardson is new US commerce secretary
http://news.ninemsn.com.au/article.aspx?id=681475

and on and on this sideshow goes.

Wishing you all a soft landing on the other side of this mess, hope to see you all there,

blessings,

Vesta.

[Global Nomad]

Ezy DVD refusal to honour vouchers
http://bigpondnews.com/articles/TopStories/2008/12/27/Ezy_DVD_refusal_to_honour_vouchers_290179.html

It seems that we are now about to see the same type of economic downturn being applied to our country and I'd hazard that this won't be the last..... what a great way to see in the NY huh???

Blessings,

Vesta.