Time to come home — we have a serious problem here ... I need the Federal Reserve to step up as well. 
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Selected and fresh photos from around the web.
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Editor's pick
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BASRA, IRAQ - OCTOBER 18: People gather around a Land Rover as it arrives at the village Al Houta on October 18 2008 near Basra, Iraq. The trip by the 51 Sqn Royal Air Force Regiment Force Protection Wing was part of a 'key leader engagement' (KLE) visit to the village close to the Basra Airbase to recruit local labour and engage with the village shiek. Visits of this type are seen as key in efforts to continue winning the support of the local Iraqi population. Although improved security in the region has brought some benefits such as improved trade and commerce, much of the infrastructure remains in a poor state of repair. Britain's Prime Minister Gordon Brown has indicated that the number of UK troops could be scaled down - especially as the security situation in the south of the country continues to improve.
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Democratic presidential nominee Senator Barack Obama (D-IL) speaks during a campaign rally in the rain at the University of Mary Washington in Fredericksburg, Virginia, September 27, 2008.
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A puppy stands on a truck carrying people to be evacuated from the area in preparation for the approach of Hurricane Gustav in Batabano, on the southern coast of Cuba, August 30, 2008. Powerful Hurricane Gustav roared toward western Cuba on Saturday with 125 mph (205 kph) winds on its way to the oil-rich Gulf of Mexico after a deadly pass through the Caribbean.
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BANGKOK, THAILAND - AUGUST 30: A member of Anti-government People's Alliance for Democracy (PAD) stands behind barbed wire outside Government on August 30, 2008, in Bangkok, Thailand. The protesters want to unseat the seven-month old coalition government lead by Prime Minister Samak Sundaravej.
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Hot off the wire
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Supporters of radical cleric Muqtada al-Sadr burn symbolic U.S. flags as they demonstrate against the security pact between Iraq and the U.S., in Baghdad's Shiite stronghold of Sadr City, in Baghdad, Iraq, Friday, Dec. 5, 2008.
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Pakistan's President Asif Ali Zardari (L) meets Turkish Prime Minister Tayyip Erdogan in Istanbul December 5, 2008. Zardari and Afghanistan's President Hamid Karzai met in Istanbul on Friday during a summit organised by Turkish leaders President Gul and Prime Minister Erdogan.
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NEW YORK - DECEMBER 04: Actor Harold Pirraneau attends the 2008 Stockings with Care celebrity bartending night at Bar 13 on December 4, 2008 in New York City.
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Recently starred
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A memorial tribute to shoe mogul Thomas Bata is shown at the Bata Shoe Museum in Toronto September 3, 2008. Bata died earlier this week at the age of 93.
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A visitor takes a close look at a photo by French photographer Bettina Rheims during the inauguration of her exhibition "Can You Find Happiness?" on March 7, 2008 at the c/o-Gallery in Berlin. The exhibition runs from March 8 to May 11, 2008.
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Forty-five euro coins, worth 500 Slovak Crowns or 16,60 euros, are seen in Bratislava where Slovakian banks and post offices started selling them on December 1,2008 before Slovakia joins the euro zone on January 1, 2009.
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People walk behind the European Union's flag during the annual gay parade in Budapest July 5, 2008. Several hundreds of demonstrators clashed with the police in the center of Hungarian capital as police tried to separate them from the participants of the Gay Pride march.
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Quotes about Federal Reserve
Time to come home — we have a serious problem here ... I need the Federal Reserve to step up as well.
said Christopher Dodd
in 13WHAM-TV
The Treasury has already considered how to undertake bulk purchases as part of its work under EESA ... and the Federal Reserve has submitted to Congress an analysis of bulk purchases.
was said
in CNSNews.com
Democratic leaders in the House and Senate told President Bush he must commit funds from either the TARP or the federal reserve or they will be unable to pass anything in Congress.
was said
in ABC News
We're not going to write a blank check, but we're going to get something done ... People are angry about bailouts. I suspect they'd be angrier about the failure of the auto industry with hundreds of thousands of jobs. My preference would be if the Federal Reserve and Treasury would step up with the authority we gave them.
was said
in Motor Trend
Your decision to utilize the TARP funds, or to work with the Federal Reserve to make available assistance through its existing lending programs, or both, are essential to the Congress' ability to address this critical economic situation in a timely manner, and would also eliminate the uncertainties inherent in the legislative process.
was said
in PR Newswire
Quotes from articles mentioning Federal Reserve
It is clear that the Fed has moved from a defensive, case-by-case crisis management approach in the summer months to an offensive and comprehensive attack on the deflationary forces in the economy and the credit markets in October
was said
in Malaysia Sun
Recent policy actions, including Wednesdays rate reduction, coordinated interest rate cuts by central banks, extraordinary liquidity measures, and official steps to strengthen financial systems, should help over time to improve credit conditions and promote a return to moderate economic growth.
was said
in WESH
Since the Great Depression, the worst (financial crisis) we've had is what we're having right now ... But the unemployment rate has only gone up by 1 percent. The unemployment rate went up to something like 8 percent in 1907, and it went up to 25 percent in 1933. They created (the Federal Reserve) for a reason, and that is because it seems to work, or it seems to work less badly than it did before.
said J. Bradford DeLong
in WGAL
Most Americans have suffered a steadily eroding purchasing power because of the Federal Reserve's inflationary policies. This represents a real, if hidden, tax imposed on the American people
was said
in WGAL
