Sunday, Bloody Sunday

(LewRockwell) – Bono wrote this song in 1983. He was describing the slaughter of thirteen unarmed Catholic civil rights protestors in Derry, Northern Ireland on January 30, 1972 by British troops. Many of the victims were shot in the back. The Irish Republican Army employed this tragic event to mobilize thousands of recruits to their cause. The incident triggered more violence that lasted for decades and resulted in many more senseless deaths. When governments make imprudent decisions and craft irrational policies there are consequences. Read More Here

The Global Financial Meltdown

Bloody Monday September 15, 2008

Bloody Monday, September 15, 2008.  The Dow Jones industrial average (DJIA) declined by 504 points  (4.4%), its largest drop since Sept. 17, 2001, when trading resumed after the 9/11 attacks.

The financial slide proceeded unabated, leading to an 800 point decline of the Dow Jones in less than a week. The World’s stock markets are interconnected “around the clock” through instant computer link-up. Volatile trading on Wall Street immediately “spills over” into the European and Asian stock markets thereby rapidly permeating the entire financial system. Continue reading