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Amid the worst financial crisis since the Great Depression, few issues have sparked more outrage than executives on Wall Street taking home big bucks, even as their companies took risks that sent the country plunging into recession. Just this week, a report from New York Attorney General Andrew Cuomo revealed that the first nine banks to receive government bailout funds dished out nearly $33 billion in bonuses last year, with 4,800 employees taking home bonuses over $1 million.

More disruptions for the US dollar and UK Pound, international financial system too weak, GDP numbers are phony, more devaluation and default, Globalization a disaster, Purging the system still a good idea, Abolish the Fed, Gold and Silver your only safe haven, What can the market possibly do under such stress?.... As we enter August we are getting closer a

"The current downturn beginning in 2008 is more pronounced," Steven Landefeld, director of the Commerce Department's Bureau of Economic Analysis, said in a press briefing this week. The revisions were in line with past experience in which initial figures tended to underestimate the severity of contractions during their early stages, he said.