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Funny Online Game: Wallstreetpong - Save Dow Jones
1 October 2008 par (Open-Publishing)
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US Banking Collapse a ’Controlled Demolition’
1 October 2008 par (Open-Publishing)
1 commentUS Banking Collapse a ’Controlled Demolition’
by Amy de Miceli Page 1 of 1 page(s)
www.opednews.com
What does the rest of the world know that we don’t? The United States Dollar is dead.
While we are being jerked around by the mainstream media here at home, the rest of the world has already drawn the final conclusion for us, and what they are saying about us isn’t pretty.
We are in the middle of a crisis much larger than most Americans could imagine, a portion of America can’t (…) -
Marc Faber says US bailout won’t stop recession, buy gold
1 October 2008 par (Open-Publishing)
Marc Faber says US bailout won’t stop recession, buy gold
Posted: 30-09-2008 INTERNATIONAL. Any proposal to rescue the US financial system will fail to avert a recession said Marc Faber, the Swiss fund manager and Gloom Boom & Doom editor and publisher, now based in Thailand.
A stock rally in the event that a package is approved will be temporary and should be used as ’an opportunity’ to sell, said Faber.
"The rejection of the package is good because it shows that some people in (…) -
Trouble in Banktopia
30 September 2008 par (Open-Publishing)
Trouble in Banktopia
By Mike Whitney
27/09/08 "ICH" — - The financial system is blowing up. Don’t listen to the experts; just look at the numbers. Last week, according to Reuters, "U.S. banks borrowed a record amount from the Federal Reserve nearly $188 billion a day on average, showing the central bank went to extremes to keep the banking system afloat amid the biggest financial crisis since the Great Depression." The Fed opened the various "auction facilities" to create the appearance (…) -
You won’t believe where that $700-billion bailout figure came from
30 September 2008 par (Open-Publishing)
"It’s not based on any particular data point," a Treasury spokeswoman told Forbes.com Tuesday. "We just wanted to choose a really large number."
Here’s something that John McCain and Barack Obama and Sarah Palin and even longtime Washingtonian Joe Biden probably don’t know. Not to mention Bob Barr, Ralph Nader and Ron Paul, who usually knows everything.
It’s a fascinating footnote to the economic and political bailout debate that’s kept so many people from more properly focusing on the (…) -
Pelosi Pushed Book, While Taxpayers Revolted Over Bailout
30 September 2008 par (Open-Publishing)
1 comment“The bailout is...economically foolish...downright sinister [and] makes a mockery of our Constitution.” - Rep. Ron Paul (R-TX)
On Sept. 29, 2008, the House of Representatives, responding to a taxpayers’ revolt, rejected the $700 billion bailout of the greedy Wall Street bankers. Meanwhile, on Sept. 23, 2008, House Speaker Nancy Pelosi was in Baltimore, MD, to give a talk at the central library hawking her book, “Know Your Power.” At that point, the Congress was still debating the bailout (…) -
Gloating is not enough!
30 September 2008 par (Open-Publishing)
Gloating is not enough!
"That’s a pound business. Take a risky huge amount of money on your cap, let yourself well for the risk and if you pay so that the dodo actually go and wages should, be sure you first, your commissions on the safe side searched and secondly the government instead of your own at the expense of the rest of the population nachschießt the open items and provides you free. " Very freely after Daniel Amerman, in http://www.FinancialSense.com (on 10.9.2008). And exactly (…) -
The US and global financial crisis is becoming much more severe in spite of the Treasury rescue plan
29 September 2008 par (Open-Publishing)
The US and global financial crisis is becoming much more severe in spite of the Treasury rescue plan. The risk of a total systemic meltdown is now as high as ever
Nouriel Roubini | Sep 29, 2008
It is obvious that the current financial crisis is becoming more severe in spite of the Treasury rescue plan (or maybe because of it as this plan it totally flawed). The severe strains in financial markets (money markets, credit markets, stock markets, CDS and derivative markets) are becoming more (…) -
$612 billion defense bill passed in midst of $700 billion Wall Street bail out
29 September 2008 par (Open-Publishing)
On Wednesday, September 24, right in the middle of the fight over billions of taxpayer dollars slated to bail out Wall Street, the House of Representatives passed a $612 billion defense authorization bill for 2009 without a murmur of public protest or any meaningful press comment at all. (The New York Times gave the matter only three short paragraphs buried in a story about another appropriations measure.)
We have the money By Chalmers Johnson Sep 30, 2008
There has been much moaning, (…) -
AS ROME BURNS, HOPES FOR A WHITE WEDDING
29 September 2008 par (Open-Publishing)
September 29, 2008
AS ROME BURNS, HOPES FOR A WEDDING IN WHITE
John Chuckman
It is reliably reported (The Times, London) that the McCain camp is expecting a miracle, its expectations rather resembling those of a millenarianist group camping on a hillside awaiting The Second Coming.
The anticipated miracle is the shotgun marriage of Sarah Palin’s pregnant seventeen-year old and her eighteen-year old redneck (his description, not mine) boyfriend (aka, in polite Republican circles, as (…)