Saturday 4/5/2008 at the Texas State Capitol

Part 1/18: Jack Motley and Friends

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Food stamps are the symbol of poverty in the US. In the era of the credit crunch, a record 28 million Americans are now relying on them to survive – a sure sign the world’s richest country faces economic crisis.

By David Usborne in New York
Tuesday, 1 April 2008

We knew things were bad on Wall Street, but on Main Street it may be worse. Startling official statistics show that as a new economic recession stalks the United States, a record number of Americans will shortly be depending on food stamps just to feed themselves and their families.

Dismal projections by the Congressional Budget Office in Washington suggest that in the fiscal year starting in October, 28 million people in the US will be using government food stamps to buy essential groceries, the highest level since the food assistance programme was introduced in the 1960s.

USA 2008: The Great Depression - Americas, World - The Independent

NEW YORK (Reuters) - Financial firms face a “new world order” after a weekend fire sale of Bear Stearns and the Federal Reserve’s first emergency weekend meeting since 1979, research firm CreditSights said in a report on Monday.

Banks face new world order, consolidation: report | Reuters

 

http://www.youtube.com/watch?v=CnnOOo6tRs8

Tent cities have sprung up outside Los Angeles as people lose their homes in the mortgage crisis.

Tent cities spring up in LA

A Brief History Of Time Machines - Forbes.com
The dream of time traveling, to the past or future, is probably as old as the human imagination. When H.G. Wells published The Time Machine in 1895, he called it a “scientific romance” because no one knew whether time travel was possible.