Naomi Klein: Wall St. Bailout is Borderline Criminal
“The more details emerge, the clearer it becomes that Washington’s handling of the Wall Street bailout is not merely incompetent. It is borderline criminal.” – Naomi Klein, “In Praise of a Rocky Transition” Klein talked about the Wall St. bailout on DemocracyNow! part 1 of 3
Shilling for a New World Order
Anne Williamson | SandersResearch.com “The inability of citizens to evade and cheat offers opportunities for social planners. We will be able to achieve a more equitable income distribution because we will be observing it more accurately.” Robert J. Shiller, Irrational Exuberance. Now if that quote gives you a sense of disease, read Anne Williamson’s robust [...]
The G-20 Economic Summit Won’t Change the “Financial Crime Scene”
If we look at history, we see other ways governments have used their powers to create money. Indeed, until the Federal Reserve Act of 1913, the U.S. was a kind of laboratory of alternative methods of money-creation. Richard Cook |GlobalReasearch.ca The G20 is meeting today in Washington , D.C. , to discuss the world financial [...]
Kashkari Accused Of Bailout “Bait and Switch” During Angry Hearing
Kashkari, the fox appointed to guard the henhouse and front the multi-trillion dollar bailout, faced angry questions from Dennis Kucinich and Rep. Darrell Issa during a hearing today, as Issa accused him of playing a “bait and switch” game with taxpayers’ money. All the major networks carried footage of the U.S. House subcommittee hearing [...]
Peter Schiff Was Right 2006 – 2007 (2nd Edition)
Does anyone but Peter Schiff still have a job?
Greenspan Admits The Federal Reserve Is Above The Law & Answers To No One
This from earlier this year but will all the Fed activity worth posting. @7:47- “first of all, the federal reserve is an independent agency, and that means, basically, that there is no other agency of government which can overrule actions that we take.”
Fed Hides Destination Of $2 Trillion In Bailout Money
Paul Joseph Watson | PrisonPlanet.com The Federal Reserve is facing a lawsuit after it failed to comply with congressional demands for transparency and disclose the destination of at least $2 trillion dollars in bailout funds, underscoring once again the failure of top down socialism and the folly of trusting the foxes to guard the henhouse. [...]
Is the Federal Reserve Engaged in Acts of Economic Warfare Against America?
naturalnews.com Wednesday, October 08, 2008 by: Mike Adams (NaturalNews) In 1942, German intelligence officers rounded up skilled Jewish prisoners and launched Operation Bernhardt, a clever scheme designed to counterfeit hundreds of millions of dollars worth of British Pounds and destroy the British economy by flooding it with counterfeit money. Located in the Sachsenhausen concentration camp, [...]
Zeitgeist – Addendum
October 4th, 2008 Zeitgeist – Addendum , exploring the Federal Reserve System, IMF, World Bank, debt based finance and more, has just been released and made available at Google video, YouTube, and of course the official Zeigeist website. Considering recent economic events it is sure to be watched by millions of outraged citizens worldwide and [...]
GREEN ALERT: MSM Ignores Hidden Carbon Tax Provisions in Paulson’s Bailout
Why is the mainstream media –which keeps lecturing Americans that Treasury Secretary Henry Paulson’s Bailout Package Version 2.0 must be passed immediately– ignoring what might be the most earth-shattering provisions in Paulson’s package? The media needs to start asking hard questions. Here is where they need to start. If you look at page 180 of [...]
Into the Fiscal Abyss
market-ticket.denninger.net You have to love this. Here is the story as originally posted on Bloomberg: “Sept. 25 (Bloomberg) — Dallas Federal Reserve Bank President Richard Fisher said the proposed $700 billion rescue of financial institutions backed by Fed Chairman Ben S. Bernanke would plunge the U.S. government deeper into a fiscal abyss. The plan by [...]
Bailout tests how much the American public will tolerate theft
Sean Olender | SFGate.com Treasury Secretary Paulson’s edict to create a $700 billion fund to buy worthless mortgage securities from agitated wealthy bond investors is nothing short of a final step on the path to the end of the republic. The secretary claims he can only be effective if his decisions are beyond judicial review. [...]
The Bailout Is – Literally – Fascist
George Washinton’s Blog A former senior advisor to the U.S. Treasury and highly-regarded economics professor, Nouriel Roubini, says that Washington’s bail outs are “socialism for the rich, the well connected and Wall Street; it is . . . a corrupt system where profits are privatized and losses are socialized.” In fact, this is a quintessential [...]
$700 billion just the beginning? FDIC is tanking, too
open.salon.com I can’t help but notice the Next Big Story on America’s financial meltdown isn’t getting much press this morning on the mainstream media, so let me break it to you here: The FDIC – the iron-clad $100,000-per-person-per-bank insurer that has “never failed” to deliver and has been continually promising during this crisis that your money is safe (read: [...]
Over 150 Economist Oppose Bailout
ChicagoGSB.edu To the Speaker of the House of Representatives and the President pro tempore of the Senate: As economists, we want to express to Congress our great concern for the plan proposed by Treasury Secretary Paulson to deal with the financial crisis. We are well aware of the difficulty of the current financial situation and [...]
