Rough Monday in the works?

Wall Street is bracing for a bumpy ride on Monday, as Asian markets dropped 4%….

Asian markets tumbled Monday morning as investors reacted nervously to a steep decline on Wall Street Friday after disappointing economic and corporate news reawakened worries about a U.S. recession.

Japan’s benchmark index sank 4 percent, while Australia’s market fell 3 percent and key indices in South Korea and Hong Kong were down nearly that much.

AIG and Dell led the downturn last week. The near $10 billion write down taken by insurance giant AIG is related to the continuing problems in the debt market, collateralized debt obligations, and related valuations of the underlying investments of derivatives, which began to unravel a few months ago in the subprime mortgage market. AIG share prices have dropped nearly 30% since October.

Dell posted a 6 percent decline in its quarterly profit, falling below analysts’ expectations, and warned that its business could suffer from reduced customer spending.

More from AP via MyWay News

Weekend Roundup

Senator Gravitas linkage:

1) An American Expat in SE Asia opines .

2) Howard Kurtz on Anonymous Sources .

3) Haroon Saddikki on Senator G’s heritage.

4) SF Chronicle takes issue with using Senator G’s middle name.

5) IBA quotes Sen G’s remembrance of the muslm ‘call to prayer’.

6) Senator Gravitas himself defends his “Christian Religion.

More……. I went to Walmart today and finished replacing all of the food items that the Mrs. and I donated to the food bank last month. Got to watch those expiration dates on the food items.

I also got a couple of solar-powered lanterns for $15 ea. I haven’t seen those before. I’ve been looking for a battery charger with a hand-crank to put in my emergency kit, and one that will charge a cell phone, but I haven’t found one yet. Might check e-bay.

The DHS recommends that every household maintain food and water for a week’s worth of self-sufficiency. I really can’t figure why anyone would have any less than that. Katrina’s aftermath kind of changed my thinking on doing more than just thinking about self-sufficiency, and actually doing the necessary things to fend for ourselves.

Interestingly enough, DHS has recommended that hospitals maintain sufficient supplies of food, water and meds to fend for themselves for up to 90 days. Ninety days! I dare say very few hospitals have enough storage space to keep that much food, water, and generator fuel on hand. In this day of “just in time” inventory management, it is asking a lot for our community hospitals to allocate resources to purchase that quantity of supplies. By the same token, I can’t imagine why the government would ask them to do so if there weren’t a real probability of the day coming when this type of preparation would be necessary. I told Mrs. Nuke that if 90 days was good enough for the hospital, it was good enough for us too.

My bro-in-law gave me a food dehydrator that he had in storage. I’m going to try my hand at making jerky next week. Maybe some banana chips, too. Any of y’all ever used one of these thingamajigs before?

HAPPY 172nd BIRTHDAY, TEXAS!

texas-flag.jpg
Pledge of Allegiance to the Texas flag:Honor the Texas Flag. I pledge allegiance to thee: Texas, one and indivisable.

Texas is a state of mind. Texas is an obsession. Above all, Texas is a nation in every sense of the word.
(John Steinbeck)

On this day, 2 Mar 1836, a group of men from the Mexican colony of Texas, gathered in a ramshackle building in the “Town of Washington”(now the registered historic site of Washington-on-the-Brazos) to sign a hastily drawn Declaration of Independence from Mexico, thus creating the sovereign nation of Texas. A few days later, after a thirteen day seige, the Alamo would fall to General Santa Anna’s army of 2,000, and all 189 male combatants of the Alamo would be killed. Losses to the attacking Mexican army are estimated to be at least 600 dead and wounded. There were so many wounded after the battle of the Alamo, that Santa Anna ordered the captured Texian medical staff from Goliad be spared from his ordered Palm Sunday massacre and sent immediately to San Antonio.

After the fall of the Alamo Santa Anna, minimizing his losses, said “It was but a small affair.” and ordered the bodies of the Texans burned. One of his officers then commented: “Another such victory and we are ruined.”
Three week later, while General Sam Houston was moving his troops and gathering reinforcements in the eastern part of Texas, Col. James W. Fannin and his nearly 400 men, captured at the Battle of Coleto Creek were all massacred at Goliad by order of Santa Anna.
But the Napoleon of the West, as he used to call himself, was to face his “Waterloo” in less than one month.
On April 21, 1836 near the San Jacinto ferry crossing the Mexican army (1,500 strong), was disrupted by the Houston’s force (some 8-900 men) at the cry : “Remember Alamo ! Remember Goliad !”.

Source.
From a speech given by Dr. Steven L. Hardin, author of The Texian Iliad:

Even today it is common to hear natives claim to be “Texans first, Americans second.” It is impossible to believe that they would feel that way had the Texas Republic never existed. There in Washington on that cold, windy day in March of 1836, delegates, both Anglo and Tejano, shouted to the world that they were different. Not Mexican were they, not American, but something else. They were, they insisted, TEXIANS. They gave birth not only to a dream, but also to a mystique. Not all Texians wanted to join the Union in 1845. Early settler, ranger, and Indian fighter, Robert Hall spoke for many of the old breed. “I was opposed to annexation,” he groused, “and voted first, last, and all time for the Lone Star.” The degree of Texas nationalism may be a matter of debate, but it is perhaps significant, that even when they joined the Union, the old Texians could not bear to part with their cherished flag. And even today, the banner of nation continues to swell over the Lone Star State.

How do you know if you are a Texan Texian?
From Lubbock Marine Parents, this is how you know:

If someone in a Lowe’s store offers you assistance and they don’t work
there, you may live in Texas

If you’ve worn shorts and a parka at the same time, you may live in
Texas .

If you’ve had a lengthy telephone conversation with someone who
dialed a wrong number, you may live in Texas

If “Vacation” means going anywhere south of Dallas for the weekend,
you may live in Texas .

If you measure distance in hours, you may live in Texas .

If you know several people who have hit a deer more than once, you
may live in Texas .

If you install security lights on your house and garage, but leave
both unlocked, you may live in Texas

If you carry jumper cables in your car and your wife knows how to
use them, you may live in Texas.

If the speed limit on the highway is 55 mph — you’re going 80 and
everybody is passing you, you may live in Texas.

If you find 60 degrees “a little chilly”, you may live in Texas.

If you actually understand these jokes and forward them to all your
Texas friends & others, you definitely live in Texas.

Most Texans are just friendly folks!

Ain’t it the truth?

While Texas is now a proud state in these United States, those of us from here can never forget, nor want to forget, those wonderful people who sacrificed so much to make Texas what it is today, a state that still has it’s roots firmly attached to individualism, friendliness, loyalty, and pride. May it always be true.

A few songs about Texas:
What I Like About Texas.

Everywhere Texas.

TIME NEVER DIES

Sercan Ondem

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