Thursday, September 25, 2008

More economic issues

One of nation's largest car dealerships to shut doors...

...top CHEVROLET dealer

House clears $25 BILLION for carmakers; Critics question use of taxpayer money...

House To Launch Investigation Into Rep. Rangel...


Buffett Calls Credit Crisis 'Economic Pearl Harbor'...



MARKETS: TENSE...



BUSH SAYS USA 'IN MIDST OF SERIOUS FINANCIAL CRISIS'...

... warns of 'long and painful recession' if Congress fails to act

HOUSE PASSES STOP-GAP SPENDING BILL, DELAYING MAJOR DECISIONS...

Goldman Sachs Socialism

By William Greider

Wall Street put a gun to the head of the politicians and said, Give us the money--right now--or take the blame for whatever follows. The audacity of Treasury Secretary Henry Paulson's bailout proposal is reflected in what it refuses to say: no explanations of how the bailout will work, no demands on the bankers in exchange for the public's money. The Treasury's opaque, three-page summary of plan includes this chilling statement: Continue


Has Deregulation Sired Fascism?

By Paul Craig Roberts

The US cannot be a hegemonic power without foreign financing. All indications are that the rest of the world is tiring of US arrogance. Continue


Half a Trillion Bailout For The Creators of the Market Crisis

By Bob Chapman

The House Finance Committee, headed by Rep. Barney Frank, and the Senate Finance Committee, headed by Sen. Christopher Dodd, will give it their usual Boo-Boo, response: "I don't know, Yogi," in order to give the clueless sheople the appearance that they are going to protect taxpayers from the slimy bankers, when the reality is, it is already a done deal and has been planned long in advance, probably for many months, if not years, just like the Patriot Acts.
Continue


Forbes publishes list of 400 wealthiest Americans

By Tom Eley

The recently released Forbes 400 list of the richest Americans shows that the combined wealth of the aristocracy has increased 2 percent, even amidst the financial breakdown and recession of the economy. “In this, the 27th edition of the list,” Forbes glumly notes, “the assembled net worth of America’s wealthiest rose by $30 billion—only 2%—to $1.57 trillion.”
Continue


McDeregulation

By Keith Olbermann - 6 Minute Video

There is a man running for president who actually believes -- right now -- that deregulation has been a great thing for the U-S economy... He has surrounded himself with lobbyists who made millions pushing for the regulatory changes that facilitated the current crisis... And he thinks that deregulation of the banking industry has been so great... we should do the exact same thing with -- make that "to" -- health care.
Continue

US Plans To Station Active Unit Inside The United States For The First Time: 1 Minute Video

Source: Freddie Mac paid McCain aide's firm: Almost up until the time it was taken over by the government in the nation's financial crisis, one of two housing giants paid $15,000 a month to the lobbying firm of John McCain's campaign manager, a person familiar with the financial arrangement says.

In Case you missed it: Forecast: U.S. dollar could plunge 90 pct: "We are going to see economic times the likes of which no living person has seen,"

Democrats signal support for Wall Street bailout at Senate hearing: At a hearing Tuesday, Democratic members of the Senate Banking Committee assured Treasury Secretary Henry Paulson and Federal Reserve Board Chairman Ben Bernanke that they would move quickly to pass legislation authorizing the Bush administration to launch a trillion-dollar-plus bailout of Wall Street.

McCain, Obama To Meet Bush On Crisis (Fix Is In)

Desperate Race To (Force) $700B Bailout

Buffett Warns Act Or Face Financial Pearl Harbor

US Faces 'One Hell Of A Deep Downturn

McCain Supports Bailout Theft - To Hell With Him

McCain Supports The Bailout Of Super Criminals

Ron Paul's Fed Reserve Abolition Act - HR 2755

Bailout To Have No Review, Oversight Whatsoever

DC Rank & File Rebellion Over Bailout? (Theft)

Vote Bailout & YOU'RE OUT - Congress Contact Info

Buffett Favors Bailout - Here's Why

Paulson, Senate Dems In Tentative Bailout Deal

The Paulson-Bernanke Bailout's EVIL Fine Print

Goldman Shares In Very Suspicious Boost

Bigger Bailout II - Multi-Trillion Derivative Blowout

Paulson Bailout - Fraud On An Historic Scale

Congress And Public Fear 'Rescue' (Theft) Plan

How To Stop US Treasury, Fed Criminal 'Bailout' Scam

Paulson's $700B A LIE, It's $5 TRILLION - STOP THE BAILOUT

Bad Debt Bailout Privately Estimated - $6 Trillion

Who Will Buy US Govt Bonds?

Financial And Economic Collapse Has Begun

Ahmadinejad Blames Bush, Zionists For Econ Crisis

The Dollar Drops - The 'Amero' Cometh?

Bailout Is Financial Equivalent Of Patriot Act

Ron Paul On Financial Crisis - Vid

Fannie Obama & Freddie Rezko

Open Letter To Sarah Palin

US Dropped To Third World Status

Paulson To Morph Toxic Banks Into Toxic Dollars

How US Congress Intends To Waste $1.8 Trillion

Mushroom Cloud Over Wall St - Constitution Burns

Fury At $2.5B Bonus For Lehman's New York Staff

Fears Emerge Over $700B 'Rescue'

McCain Criticizes Treasury Bail Out Powers

Merkel To US, UK - 'I Told You So'




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