"The Blame Game"

Hypocrisy, Sour Grapes and Political Gain for Dummies, "The Blame Game"

(From Reuters) QUOTES: Iranian President Mahmoud Ahmadinejad blamed the West for the global financial crisis on Saturday, saying other countries were being dragged in to help resolve Western problems.
The Iranian president, who often rails against the West, said the capitalist era had come to an end and said the world should adopt a new system based on "religious, spiritual and non-usury" principles.
"The capitalist bloc imposes its standards unilaterally on others," he said. "While it prices its goods by itself, it determines the prices for the commodities of other nations to secure its own interests by using deceptive economic ploys"...

Shalva Chigirinsky (New Russian Billionaire and owner of what was to be the tallest building in Europe). His firm had run out of money, he admitted.
"Say thanks to [former US federal reserve chairman] Alan Greenspan and George Bush," Chigirinsky told Reuters last night, adding that since the financial crisis in the US it was impossible to get any credit".

(Editors Comment: I guess they're a bit pissed off, with the oil price down from $160,- to $55,-. Anyway it's a wake-up call for the oil junkies to look for some other kind of speed.)

Nov 6th. Profit taking and recession fears influence markets

After the recent rally and the election optimism it's profit taking, uncertainty, scepticism and recession fears across the board. Second down day in Europe.
Difficult 100 days ahead, waiting for new initiatives and exploring green technologies.
Markets decline wordwide, Asian markets negative Hang Seng slumps to lowest level sinc september 2006. Resources and commodities hit, indicating lower growth.
Stock markets heading for new lows. Tough end for the year.