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Publisher, October, 2008
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CHRISTIAN LORENTZEN?Weekly Review |
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Contributed by Christian Lorentzen
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In the midst of a brief thunderstorm that transfixed the New York City subway system and killed one motorist, a tornado formed over the Atlantic Ocean, grazed the north coast of Staten Island, and blew into Brooklyn, felling 292 trees, ripping roofs off dozens of buildings, and displacing 200 people from their homes. 1
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Losses among lenders to American debtors led to a one-day plunge of 387 points in the Dow Industrial Average. The Federal Reserve injected $62 billion into the market--its largest intervention since September 19, 2001--and its international counterparts followed suit. Hedge funds were in the red. ?You have a better chance at making money on the craps table than in this market,? remarked one analyst. 3
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Germany's leading regulator warned that the country risked tumbling into its worst financial crisis since the 1930s, 5
and the public disclosure of Adolf Hitler's private record collection indicated that the Fuehrer enjoyed listening to Jewish musicians play Tchaikovsky.6
The discovery of a 1973 document proved that it was Stasi policy to ?stop or liquidate? defectors attempting to escape East Germany over the Berlin Wall, especially those accompanied by women and children. 7
China Public Security, a U.S.-financed company contracted by the People's Republic, was outfitting the city of Shenzen with 20,000 surveillance cameras and issuing identity cards to record each citizen's name, address, employment status, education, religion, ethnicity, police record, medical-insurance status, reproductive history, and landlord's phone number. ?If they do not get the permanent card,? said a China Public Security executive, ?they cannot live here, they cannot get government benefits, and that is a way for the government to control the population in the future.? 8
It was reported that Rudolph Giuliani's daughter, Caroline, a member of the Harvard class of 2011, was affiliated with the Facebook.com group ?Barack Obama (One Million Strong for Barack)?; she had recently left the group, but her page maintained that her political views are ?Liberal? and that she is single, interested in men, and looking for ?Friendship,? ?Random play,? or ?Whatever I can get.?9
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