One week it's Fannie Mae and Freddie Mac. Now Lehman Brothers files for Bankruptcy with $60 billion in bad debt and Merril Lynch gets bought out by Bank of America. Let's put together the picture with comments with links pulling together what's going on, where things are going.
Dollar hit hard, Gold up, investors go to safe treasuries, stocks opening lower.
Will people get back their losses from Lehman bros, Fannie Mae, Freddie Mac?
How many more major financial or other companies will go down the tubes?
How will the collapses we're seeing affect other things-- jobs, investing, oil, the war, congress, media coverage?
If Obama can't turn his polling around with this, with an ad out by tomorow, he's toast.
Let's set a comment record on this one.
Rob Kall has spent his adult life as an awakener and empowerer-- first in the field of biofeedback, inventing products, developing software and a music recording label, MuPsych, within the company he founded in 1978-- Futurehealth, and founding, organizing and running 3 conferences: Winter Brain, on Neurofeedback and consciousness, Optimal Functioning and Positive Psychology (a pioneer in the field of Positive Psychology, first presenting workshops on it in 1985) and Storycon Summit Meeting on the Art Science and Application of Story-- each the first of their kind. Then, when he found the process of raising people's consciousness and empowering them to take more control of their lives one person at a time was too slow, he founded Opednews.com-- which has been the top search result on Google for the terms liberal news and progressive opinion for several years. Rob began his Bottom-up Radio show, broadcast on WNJC 1360 AM to Metro Philly, also available on iTunes, covering the transition of our culture, business and world from predominantly Top-down (hierarchical, centralized, authoritarian, patriarchal, big) to bottom-up (egalitarian, local, interdependent, grassroots, archetypal feminine and small.) Recent long-term projects include a book, Bottom-up-- The Connection Revolution, debillionairizing the planet and the Psychopathy Defense and Optimization Project.
Rob Kall Wikipedia Page
Rob Kall's Bottom Up Radio Show: Over 200 podcasts are archived for downloading here, or can be accessed from iTunes. Rob is also published regularly on the Huffingtonpost.com
Rob is, with Opednews.com the first media (more...)
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