Martha Rose Crow, M.S. I just watched Bush on CNN call for another round of legislation by the House of Representatives so they will approve a bailout for wal-street (spelling intended) again when almost every American is opposed to handing over such a large amount of money to speculator gamblers […]
Economics
By Ellen Brown https://www.bestcyrano.org “I can calculate the movement of the stars, but not the madness of men.” – Sir Isaac Newton, after losing a fortune in the South Sea bubble Something extraordinary is going on with these government bailouts. In March 2008, the Federal Reserve extended a $55 billion […]
https://www.atimes.com/atimes/Middle_East/JI26Ak02.html By Pepe Escobar WASHINGTON and SAO PAULO – The George W Bush administration’s US$700 billion no-accountability scheme, globally, informally dubbed “cash for trash”, is making all the headlines. Simultaneously, there’s the small matter of the United Nations General Assembly sanctioning the troubled birth of a new, multipolar world. As […]
Grasping at Straws By Mike Whitney Published on The Smirking Chimp (https://www.smirkingchimp.com) Created Sep 21 2008 – 8:35am On Friday morning, Senator Christopher Dodd, the head of the Senate Banking Committee, was interviewed on ABC’s “Good Morning America.” Dodd revealed that just hours earlier at an emergency meeting convened by […]
What Did Bush&Co Know And When Did They Know It? by Steve Brant Economic Shock and Awe", as Arianna put it , indeed. In another parallel to the planning of the Iraq War, there is this curious answer given by Deputy White House Press Secretary Fratto at the end of […]
According to Representative Mike Burgess (R-TX) Speaker of the House, Nancy Pelosi, has declared Martial Law upon the House of Representatives, throwing duly elected republicans out of meetings concerning the Financial Crisis Bailout Bill!!!!!! Watch for yourselves below: [youtube]l7B4laX1E70[/youtube]
By Rand Clifford https://www.bestcyrano.org/THOMASPAINE/?p=1028 September, 2008, a month that will live in infamy. A month where official purring about our economy’s solid fundamentals have erupted into official bayings about economic collapse. Financial markets are suddenly so choked with “toxic debt” that only a hasty trillion-dollar taxpayer Heimlich Maneuver “might” get […]
Financial Bailout: America’s Own Kleptocracy The largest transformation of America’s Financial System since the Great Depression by Michael Hudson Nobody expected industrial capitalism to end up like this. Nobody even saw it evolving in this direction. I’m afraid this failing is not unusual among futurists: The natural tendency is to […]
By Jim Willie CB – editor of the “Hat Trick Letter“ Sep 12, 2008 More crucial than ever, observers must take the broader perspective that avoids overhearing the party on Wall Street. They know not what they celebrate. It is their demise. They rejoice over the collapse of mortgage bonds […]
“In 2008, Americans will wake up to the worst economic times that anyone alive has ever seen. And they won’t know what hit them.” — Gerald Celente, 17 December 2007 As Predicted, Economic 9/11 Hits Wall Street: Depression Next, Trend Seer Says RHINEBECK, NY 18 September 2008 — In 2007, […]