Obama's Perestroika and Super Moon November 13th


Well there be a change or just a new smell wafting from the same old garbage?

Gorbachev calls on Obama to carry out 'perestroika' in the U.S. Ria Novosta
Former Soviet leader Mikhail Gorbachev has said that the Obama administration in the United States needs far-reaching 'perestroika' reforms to overcome the financial crisis and restore balance in the world.



Analysis: Change is coming to China Telegraph UK
As the financial crisis bites into China, taking the sheen off its extraordinary economic growth, the Communist Party is making sweeping changes in order to revive the country. The press law which was on the agenda in 1988, before the Tiananmen crackdown, suddenly appears to have been revived.

Whitehead sees slump worse than Depression Reuters
The economy faces a slump deeper than the Great Depression and a growing deficit threatens the credit of the United States itself, former Goldman Sachs chairman John Whitehead, said at the Reuters Global Finance Summit on Wednesday.

Whitehead warned the country's financial strength is at risk due to the sweeping demand for tax relief and a long list of major government spending plans.

A "Super Moon" will appear this week on November 13th and again on 12 December 12th, which occurs when the Moon is at 90% or greater of its mean closest approach to Earth. High tidal forces have a habit of making for irrational behavior and general craziness.

Riots break out across Colombia after investment scam collapses Guardian UK


Will the Phoenix rise again?

Stocks snap 3-day losing streak
CNNMoney
Stocks surged Thursday, with the Dow posting its third best single-session point gain ever, as the major stock gauges bounced back from levels not seen since 2003.

Dow rallies 552 points, an 870-point rebound from lows. Nasdaq and S&P 500 bounce from near 5-1/2 year lows.

It was the second time the market "retested" those lows, which were first hit around Oct. 10. The major gauges slumped to around those levels at the end of October and now again in mid-November.

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