OPEC WARNS AGAINST MILITARY CONFLICT WITH IRAN
BACK UP: Oil rebounds as Mideast tensions flare...
From The Bad To The Really Sinister
By The Mogambo Guru
The Plunge Protection Team (composed of the US Federal Reserve, the Treasury and bank insiders) tried to drive the stock markets up on Monday, June 30 - to make those account statements look not quite as bad, and, hopefully, prevent people from dumping all of their stock and bond holdings in a desperate attempt to save something before the whole idiotic, fiat-currency, unlimited-fractional-banking thing just collapses. Continue
Foreclosures Rose 53% in June, Bank Seizures Triple: U.S. foreclosure filings rose 53 percent in June from a year earlier and bank repossessions rose the most on record as deteriorating property values and higher rates on adjustable mortgages forced more people to give up their homes.
Fannie, Freddie `Insolvent' After Losses, Poole Says : Fannie Mae shares tumbled 13 percent yesterday in New York to the lowest level in almost 14 years.
Crisis wipes $1 trillion from financial stocks: U.S. financial companies have lost more than $1 trillion in value this year, and yet another decline on Monday shows concerns aren't going away soon.
Bernanke, Paulson outline strategy to make working class pay for Wall Street crisis: In speeches delivered Tuesday, Federal Reserve Board Chairman Ben Bernanke and Treasury Secretary Henry Paulson outlined the ruthless class policy being carried out to place the burden for the financial and housing crisis on the backs of working people.
Foreclosures Up 53% In June, Bank Seizures Triple
Home Prices Off More Than 20% Nationally
Airline Chiefs Call For End To Oil Speculators
UK Family Food Bill Rises $100 In ONE Month
Unemployment, Diving Credit - Stagflation To Deflation
Banks Are Suffering From Their Own Stupidity
Ex-Fed Official Poole - Freddie, Fannie Are 'Insolvent'
The Global Financial Crisis For Beginners
If Fannie, Freddie Nationalized, Shareholders Lose ALL
Citigroup Scales Down Its Global Empire
Inflation Mounts - Protect Your Wealth With Gold
US Jobs Decline For 6th Straight Month
Paulson - Imminent Failure Of Big Financial Corps
Almost Everything Wrong For World Stock Markets
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