Meltdown and Bailout: Why Our Economic System Is on the Verge of Collapse
The immediate cause of our financial meltdown is unchecked, unbridled greed. Mainstream newspapers and the business press are doing a fairly good job of explaining how the lack of regulatory oversight...
View ArticleThe PRE-PLANNED Financial/Economic 911 of 2008
WHAT: A pre-planned collapse of the US (and global) financial and economic systems. WHO: The same characters who perpetrated the original 911. WHERE: New York City & DC, of course. Plus a sideshow...
View ArticleMSM: Former Bear Stearns CEO Greenberg Says Wall Street Is ‘No More’
Dec. 9 (Bloomberg) — Alan “Ace” Greenberg, the former Bear Stearns Cos. chief executive officer who is approaching his 61st year on Wall Street, said the investment-banking model he helped pioneer is...
View ArticleBailouts A Complete Fraud Against US Workers
A recent Associated Press news release exposed U.S. banks accepting billions in bailout money along with major corporations. Banks defraud American taxpayers by hiring thousands of foreign workers in...
View ArticleActs Of Insanity Are What Destroyed The Economy
Just more Keynsianism in the works, health of banks getting worse despite injections, Why not just let them fail and prosecute their officers for fraud? no end to the bailouts, insane acts of...
View ArticleVideo: Jim Rogers – Abolish The IMF & World Bank
Veteran investor says Obama stimulus package only making economic crisis worse. [youtube=http://www.youtube.com/watch?v=xxOyLrHRMHg] In an interview with Sir David Frost on Al Jazeera television,...
View ArticleOrwellian Doublethink: “Nationalize the banks.”“Free Markets.”
The language of deception Banking shares began to plunge Friday morning after Senator Dodd, the Connecticut Democrat who is chairman of the banking committee, said in an interview with Bloomberg...
View ArticleSantelli: Get the Government Out of the Banking System
Now-famous Chicago exchange floor reporter says state intervention in banking system is a drag on taxpayer money. As rumors of nationalization swirl about Bank of America (NYSE:BAC) and Citigroup...
View ArticleBuffett Says Economy Will Be ‘In Shambles’ for 2009
Billionaire Warren Buffett said the economy will be “in shambles” for the rest of this year as financial firms take losses tied to reckless loans made during the housing boom. The Standard & Poor’s...
View ArticleLooking Back on the Greatest Depression – Gerald Celente
If it was an economic Pearl Harbor, the enemies were Fannie Mae, Freddie Mac, A.I.G., Countrywide, Bank of America, Merrill Lynch, Citigroup, Bear Stearns, and all the other banks, brokerages,...
View Article