Friday, October 10, 2008

Market Collpase Roundup

Anti-terrorism (Read anti riot) exercise may slow traffic in Monterey (CA)
http://www.thecalifornian.com/article/20081009/NEWS01/81009028
An anti-terrorism exercise may interfere with traffic flow in Monterey on Friday.
The Defense Language Institute Foreign Language Center and Presidio of Monterey will conduct the exercise to assess the installation’s ability to respond to potential terrorist acts.
The exercise will be on the Presidio and Ord military community throughout the day. The phrase “this is an exercise” may be heard before and after each announcement made through a loudspeaker. During the exercise drivers may hear sirens or in some cases, simulated gun fire.

More families search out emergency food
http://www.beavertonvalleytimes.com/news/story.php?story_id=122358895643340200
MORE NEED – In June Zoe Meade grabbed her allotment of groceries from the St. Vincent de Paul food pantry in Tigard. At the time, Meade feared that things would get worse before they got better.

Even though other counties in the state are experiencing a sharper increase in emergency food box distribution — Deschutes County has seen an 18 percent increase and Josephine County has seen a 31 percent increase — Washington County with its 13 percent increase is drawing extra attention.
Washington County is recognized by the food bank as having the fastest growing poverty rate in the state. According to Community Action group, the county’s population grew by 51 percent from 1990 to 2002. In that same 12-year period, the number of those living in poverty in the county grew by 119 percent

More MAVs In Iraq By End Of November (FCS)
http://www.aviationweek.com/aw/generic/story_channel.jsp?channel=defense&id=news/MAV100908.xml&headline=More

U.S. Army Maj. Gen. Charles Cartwright says there are currently 20 Honeywell-made Micro Air Vehicles (MAVs) deployed with a Stryker brigade combat team in Iraq, with plans to have a total of 32 there by the end of November.
Cartwright made the announcement during an Army briefing on the Future Combat Systems (FCS) program at the annual Association of the U.S. Army conference in Washington on Oct. 8.

SAIC gets Defense Intelligence Agency contract
http://www.forbes.com/feeds/ap/2008/10/09/ap5530623.html
SAN DIEGO -
Science Applications International Corp. on Thursday said it received a contract potentially worth more than $254 million from the Defense Intelligence Agency for its National Media Exploitation Center.
The contract has a six-month base period and four one-year options. The work will be performed primarily overseas.
The center provides document and media exploitation support to the intelligence community, law enforcement and the Department of Defense, SAIC (nyse: SAI - news - people ) said.

VIDEO: Martial Law. U.S. Army prepares to invade U.S.
http://www.globalresearch.ca/index.php?context=va&aid=10517

Colllapsing World Markets Roundup
















FXNEWS-Global bank holiday worth a thought-analyst
http://www.forbes.com/afxnewslimited/feeds/afx/2008/10/10/afx5536175.html

Berlusconi Says Leaders May Close World's Markets
http://www.bloomberg.com/apps/news?pid=20601087&sid=aP5mpMUORBWM

Euro-zone group to hold emergency summit http://www.irishtimes.com/newspaper/breaking/2008/1010/breaking84.htm

The End Of American Capitalism?
http://www.washingtonpost.com/wp-dyn/content/article/2008/10/09/AR2008100903425_pf.html