Veteran Loses Battle With Depression After Helping Others With Their Own - NYTimes.com

Veteran Loses Battle With Depression After Helping Others With Their Own - NYTimes.com: "Out of the blue, an old friend, Clay Hunt, showed up. Mr. Hunt and Mr. Wood had served together in Iraq and Afghanistan with the Marine Corps and were almost brothers. Mr. Hunt had found them using a day-old GPS coordinate posted on Team Rubicon’s Web site. Minutes after arriving, he was helping to splint a patient’s leg."

Students protest education reform in Italy

Students protesting government education reforms stormed the Colosseum and the Leaning Tower of Pisa, Italy's official news agency reported Thursday.

The protests at the historic Italian sites were two of many demonstrations Thursday in many Italian cities, the ANSA news agency reported.

Students are unhappy that the reforms could leave thousands of teachers out of work, the agency said.

 

*  Up to 50,000 students marched through the capital in a concerted attempt to "paralyse" the city, dubbed "Block Everything Day," organisers said.

According to the Italian Students' Union (UDS), "more than 400,000 students are rallying throughout Italy".

Police in riot gear blocked all entrances to the Chamber of Deputies as lawmakers voted on the reforms and officers were forced to redirect traffic as the city centre was brought to a standstill in several areas.

Go wobbly on Detroit, who Thatcher?

I agree with your assessment, Thatcher would have not done anything in regards to Detroit.  I think Thatcher and Reagan would have sat there and stated their ideological positions, which were apt for that time.  T and R were faced with an Oil crisis, income tax rates at 70%, the Unions had too much power, and money was not moving through the economy.  By contrast this recession, which is on the brink of depression, would have gone over the cliff.  They would have made a firm decision based on principle, just like Hoover.

The theories of T and R and H are the same.  In the '20s the banks failed, people lost confidence and snatched their money out of the banks.  Banks failed every where.  Businesses could not get credit, didn't loan funds and the death spiral began; businesses did not have credit, did not hire or pay wages and jobs were lost - none were created.  With bread lines and shanty towns popping up in the U.S. in the '30s (see below), something had to be done.  Now the replacement for the lack of food lines is a USDA program called Food Stamps, with a current recipient population of 31 million,greater than the population of Australia by 10 million.

What we have learned from history in the '80s is that at times of recession we must spend more, the citizens must spend and the government must spend.  The credit industry was motivated by the Reagan administration to be more relaxed with credit, more Americans spent for supplies (see Supply-side Economics).  Additionally, there was more government spending for  Defense (see Star Wars) and overall government, our National Debt climbed from 2.1 trillion dollars to 5.1 trillion dollars in 10 years.     

    

Thursday, Jan. 18, 2007 Makeshift structures have been erected as shelter for homeless people on a vacant lot in Liberty City, a neighborhood in Miami.

Failed Bank List

The FDIC is often appointed as receiver for failed banks. This page contains useful information for the customers and vendors of these banks. This includes information on the acquiring bank (if applicable), how your accounts and loans are affected, and how vendors can file claims against the receivership.  This list includes banks which have failed since 2008.

Bank Name	Closing Date	Updated Date
Sanderson State Bank, Sanderson, TX En Español	December 12, 2008	December 12, 2008
Haven Trust Bank, Duluth, GA	December 12, 2008	December 12, 2008
First Georgia Community Bank, Jackson, GA	December 5, 2008	December 5, 2008
PFF Bank and Trust, Pomona, CA	November 21, 2008	November 21, 2008
Downey Savings and Loan, Newport Beach, CA	November 21, 2008	November 21, 2008
The Community Bank, Loganville, GA	November 21, 2008	November 21, 2008
Security Pacific Bank, Los Angeles, CA	November 7, 2008	November 7, 2008
Franklin Bank, SSB, Houston, TX	November 7, 2008	November 7, 2008
Freedom Bank, Bradenton, FL	October 31, 2008	October 31, 2008
Alpha Bank & Trust, Alpharetta, GA	October 24, 2008	October 24, 2008
Meridian Bank, Eldred, IL	October 10, 2008	October 10, 2008
Main Street Bank, Northville, MI	October 10, 2008	October 10, 2008
Washington Mutual Bank, Henderson, NV and Washington Mutual Bank FSB, Park City, UT	September 25, 2008	October 20, 2008
Ameribank, Northfork, WV	September 19, 2008	October 20, 2008
Silver State Bank, Henderson, NV En Español	September 5, 2008	October 20, 2008
Integrity Bank, Alpharetta, GA	August 29, 2008	October 20, 2008
The Columbian Bank and Trust, Topeka, KS	August 22, 2008	October 20, 2008
First Priority Bank, Bradenton, FL	August 1, 2008	October 27, 2008
First Heritage Bank, NA, Newport Beach, CA	July 25, 2008	October 20, 2008
First National Bank of Nevada, Reno, NV	July 25, 2008	December 9, 2008
IndyMac Bank, Pasadena, CA	July 11, 2008	October 27, 2008
First Integrity Bank, NA, Staples, MN	May 30, 2008	October 20, 2008
ANB Financial, NA, Bentonville, AR	May 9, 2008	October 27, 2008
Hume Bank, Hume, MO	March 7, 2008	October 27, 2008
Douglass National Bank, Kansas City, MO	January 25, 2008	October 20, 2008
Miami Valley Bank, Lakeview, OH	October 4, 2007	October 20, 2008
NetBank, Alpharetta, GA	September 28, 2007	October 20, 2008
Metropolitan Savings Bank, Pittsburgh, PA	February 2, 2007	October 20, 2008