INGRESS: AUTUMN

Spinach fields to a $325million tune falling under the blade of the sacrificial plow mostly in California as the deadly e-coli panic reaps heavy music-- Fear eats the soul in the bubble world of Housing as minus signs begin to gnaw at the patience of asking prices, new home starts continue the big stumble downward and foreclosures mete out mega-pain with a skyward leap--Amaranth once a $9billion hedge fund loses nearly five billion of that in less than a week producing worries of massive unravelling in the high stakes world of hedging-- The commodity bubbles(?) of gold and oil tumble lower searching for floor supports-- Ford shutters more plants and offers 75,000 buyouts to union men while 10,000 white collars get notices their pink slips will arrive at the quarter's end-- Daimler/Chrysler's once hyped rebound is throwing in the towel as shutdowns and layoffs begin to invade their American operations-- General Motors offers talk about big-three dissolution followed by mega-merger but initial responses appear half-hearted, confusive and indecisive-- The Big Three Ceo's so far have failed to win an audience with the President who must be too busy scripting his attendance at the UN to specifically avoid a chance encounter with the dreaded Iranian Ahmadinejad as well as his daily duty fending off Islamofascist dead-enders in his war gone awry in what used to be called Iraq all the while failing to take notice The Backbone of American Industry is Falling Down-- The Philly Fed on Thursday reported a sharp drop in its index into negative terrority indicating a hard landing in the manufacturing sector(Surprisingly economist types appeared surprised by the gravity of the decline slapping them in the face--duh? The entire automotive sector in a freefall meltdown because no one but the idiocy of the rich has the declasse wherewithal to buy gas guzzling dinosaurs anymore and if no one buys cars no one builds them and if no one buys new houses no one builds them either and the economy tools downward--nothing too surprising in this) and an economic slowdown way more severe than previously understood which incited a sharp drop in the dollar and an immediate stock sell-off-- The Pope sets off a political firestorm insulting Islam and when his recantation fails to mollify Muslim sensitivity the Vatican is forced to eat his words in an embarassing display of humbling ineptitude-- Hugo Chavez in an address at the UN invites the toothless body to relocate to Venezuela and smelling sulphur in the air crosses himself citing Bush as the Devil-- Israel delays its troop pullout from Lebanon while continuing to fashion its version of a Warsaw Ghetto for the suffering Palestinians(Elie Wiesel, have you forgotten?)--The new moon on Friday brings a solar eclipse but we are yet only at mid-week!!