In Today's News 05.08.09

1.  If anyone doubts that the current economic crisis has brought about a fundamental change in America to a government-directed economy, read the following from the Associated Press today:

"Regulators must not only sharpen their assessments of individual banks, but also examine the financial system as a whole to detect risks that could endanger the normal flow of credit, market operations and commerce -- critical elements to the smooth functioning of the U.S. economy, Bernanke said.

See previous item on the current economic crisis here.

2.  "(AP) The World Health Organization added a scary-sounding warning Thursday, predicting up to 2 billion people could catch the new flu if the outbreak turns into a global epidemic."

These people are a joke, a complete joke.  Why stop at 2 billion?  It's possible the new flu could morph into a bug that kills the entire world population.  

See previous items on swine flu here and here and here.