A suicide bombing, at a Mosque run by the anti-American Sadr Militia, in Musayyib, Iraq, kills 12 Shi’ite (Partisans of Ali) Moslem worshippers.

       NOTE: Meanwhile no members of the United states Armed Forces (private mercenaries) were killed.

       [added 8/15/2021]

       As the Great Recession continues around the world, the world central Bank for International Settlements issues ten supervisory guidelines on the evaluation of depreciated assets.

       [added 8/15/2021]

       The fifth AIG bailout, the Bernanke Doctrine continues: The Federal Reserve (central) Bank of New York begins capitalizing Maiden Lane III, another limited liability corporation (LLC), chartered in delaware, with a loan of 24,300,000,000 “dollars,” for the purpose of buying and then re-selling collateralized debt obligations from American International Group’s Financial Products division.

       NOTES:

• At this time the Bernanke Doctrine had created 6,800,000,000,000 “dollars” in new Federal asset guarantees to financial services firms that had not existed a year before.  Within the next six months later that amount had nearly doubled to more than 13,000,000,000,000 “dollars.”
• This is the further realization of plank number five of the “Communist Manifesto” by Karl Marx.

       [added 8/15/2021] Thanks to Jim Lorenz for this entry.