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Thursday, November 4, 2010

Nashville Tennessee Flood 2010

Bush talks about EXPLOSIVES in building (on 9/11?)

Han Guojie Quote


"For years, humans have tried to conquer nature, but in doing so, they themselves became conquered. They lost their connection with the earth. They destroyed the land they were tilling. In Buddhist belief, there are no pesticides, no bad insects, no good ones. There is only imbalance in the world. We must restore that balance." -Han Guojie, water-quality engineer turned farmer, quoted in "Sowing Seeds for an Organic Revolution," by William Wan in the Washington Post

Fed to buy $600 billion in bonds to aid economy - Yahoo! News

WASHINGTON – The Federal Reserve announced a bold plan Wednesday to try to invigorate the economy by buying $600 billion more in Treasury bonds. The Fed said it would buy about $75 billion a month in long-term government bonds through the middle of 2011 to further drive down interest rates on mortgages and other debt.
This is in addition to an expected $250 billion to $300 billion in Fed purchases over the same period from reinvesting proceeds from its mortgage portfolio.
The idea is for cheaper loans to get people to spend more and stimulate hiring. The Fed said it will monitor whether adjustments are needed depending on how the economy is performing.
Some worry the Fed action will do little to boost the economy because interest rates are already historically low. Others fear the bond purchases could drive inflation too high over the long term and unleash speculative buying in assets like stocks.
Even analysts who favor the Fed's bond purchases cautioned against expecting them to rescue the sluggish economy

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