click on a date to see all the day's entries
About TitusOneNineOld Titusonenine site (Jan04-May07)
Kendall's e-mail (replace -at- with @)
"Elves" e-mail (blog admin)
A free floating commentary on culture, politics, economics, and religion based on a passionate commitment to the truth and a desire graciously to refute that which is contrary to it….
"He must hold firm to the sure word as taught, so that he may be able to give instruction in sound doctrine and also to confute those who contradict it."
--Titus 1:9, Revised Standard Version
Blog Tips & Info
Info to help you learn your way around the new blog, and posts where you can report problems or offer suggestionsMobile-friendly view (blog headlines): Click Here
Print-friendly view of all articles: Click Here
Recent Comments Page:
Registration & Login Help
Blog Tips Series
The above list is limited to "parent" categories. To see the entire category index and select specific sub-categories, click on "Full Category Index"
Full Category Index
Anglican / Episcopal RSS Feed
©2015 Kendall S. Harmon. All rights reserved.
TitusOneNine Links Page
I. Anglican / Episcopal Resources & Links
1. Important Documents
documents are in chronological order, most recent first
Also, don't miss:
2. Websites & Blogs
A. Official websites
B. Anglican / Episcopal News
C. Anglican / Episcopal Blogs
By no means exhaustive. Let us know what we've missed
Previous versions of Titusonenine:
NORTH AMERICAN ANGLICANS:
INTERNATIONAL ANGLICAN BLOGS & BLOGGERS
BLOGGING BISHOPS (US & Overseas)
II. General Resources & Links
YET more links coming soon...! including Non-Anglican links
But we should be under no illusions that, even if it works as well as its authors hope (a large aspiration), it is already too late to avert a serious economic downturn — not just for the US, but for the world and, like the residents of New Orleans that fateful weekend three years ago, we seem ill-prepared for what is about to hit us.
I say this with great reluctance. It is no business of journalists (who, as someone once said, are like harlots, who wield power without responsibility) to go around scaring people. What’s more, until a few months ago I’ve been a relative optimist, convinced that we would get through this with not much worse than the kind of mild recession we’ve seen in the past 20 years. Now I think it might be time to panic.
The US is already in a recession that, even if financial conditions returned to normal today, would still be very unpleasant. In the quarter that ends tomorrow, it seems almost certain that US total output declined. Consumer spending and investment have been alarmingly weak in the past two months. On Friday we are quite likely to get another depressing report on the labour market, expected to show the ninth straight month of job declines in September. The housing market still seems to be getting worse, with sales falling faster than new construction, adding to the excess supply.
Britain’s economic activity is already declining, as is that of most of the big eurozone countries. So much for “decoupling”. We may have got into this predicament by different routes, but we’re all going the same way.
Read it all.
Filed under: * Economics, Politics Economy Housing/Real Estate Market Personal Finance Stock Market The September 2008 Proposed Henry Paulson 700 Billion Bailout Package * International News & Commentary England / UK
Next entry (above): The Treasury chief will gain sweeping, even unparalleled power
Previous entry (below): A.N. Wilson: Where Rowan Williams meets Dostoevsky
Return to blog homepage
Return to Mobile view (headlines)