Don't listen to the experts, just look at the numbers

Trouble in Banktopia

The financial system is blowing up. Don't listen to the experts; just look at the numbers.

By Mike Whitney

The carnage from Greenspan's low interest rate, "easy money" binge is now visible everywhere. Inflated home and stock values are crashing as the gas continues to escape from the massive equity bubble. The FDIC will have to be recapitalized--perhaps, $500 billion--to account for the anticipated loss of deposits from failing banks caught in the cross-hairs of asset-deflation and steadily contracting credit.

//www.informationclearinghouse.info/article20883.htm



$700 billion or Armageddon? Sounds like sci-fi

Put $700 billion in the bag and no one gets hurt.

By Ken Kam

The more I hear about Henry Paulson's plan, the less convinced I am it's worth $2,000 from every American. The predictions of financial Armageddon without it don't ring true.

//www.informationclearinghouse.info/article20884.htm



The End of Voodoo Economics

By Ian Williams

No one can say that current events are a one-off. The get-government-out-of-business brigade, the masters of the universe, have in their three decades of unbridled power produced the savings and loan bail-out, the Mexican bond bail-out, the Asian currency crisis, the Enron and other related scandals, the tech bubble, the Long-Term Capital Management collapse and rescue, a wage freeze for working Americans and now this.

//www.informationclearinghouse.info/article20885.htm



Tragedy in the Making in Washington and on Wall Street

The Canadian Solution

By Rodrigue Tremblay

This is something that the Bush administration and the U.S. Congress might want to consider if they hope to get out of the ideological and political deadlock they have talked themselves into.

//www.informationclearinghouse.info/article20888.htm



Keating 5 Ring a Bell?

McCain's past collides with the present Wall Street debacle.

By Rosa Brooks

Once upon a time, a politician took campaign contributions and favors from a friendly constituent who happened to run a savings and loan association. The contributions were generous: They came to about $200,000 in today's dollars, and on top of that there were several free vacations for the politician and his family, along with private jet trips and other perks.

//www.informationclearinghouse.info/article20889.htm

--------

Financial Bailout: Thanks but No Thanks
//www.globalresearch.ca/index.php?context=viewArticle&code=BRO20080928&articleId=10359

End Of The Road
//www.webeatthestreet.com/index.php?id=535

Bailout and Suspension of the Elections?
//www.infowars.com/?p=4934

$1 Quadrillion of Unregulated Debt At Core of Coming Derivatives Crisis
//www.americanfreepress.net/html/coming_derivatives_crisis_150.html


Informant: Neo Mulder

--------

A Congressman tells us: We Are Under Martial Law NOW!

//targetfreedom.typepad.com/targetfreedom/2008/09/martial-law-plans-revealed.html

//www.youtube.com:80/watch?v=l7B4laX1E70

Watch this video and hear these exact words from Rep Michael Burgess 26th District of Texas:

"Mr. Speaker I understand that we are under martial law, as declared by the Speaker last night!"

//burgess.house.gov/

Apparently, inside the halls of Congress, martial law has already been declared.

What we chose to ignore - the plans to suspend the constitution
//www.youtube.com/watch?v=Jl1VIhdpl4c&feature=related


Informasnt: John Perna

--------

THE $700 BILLION BAILOUT: SAVING THE RICH AND LETTING THE POOR SINK
//www.antipasministries.com/html/file0000288.htm


Informant: bigraccoon



//freepage.twoday.net/search?q=financial+system
//freepage.twoday.net/search?q=FDIC
//freepage.twoday.net/search?q=$700
//freepage.twoday.net/search?q=Paulson
//freepage.twoday.net/search?q=bailout
//freepage.twoday.net/search?q=Wall+Street
//freepage.twoday.net/search?q=derivatives
//freepage.twoday.net/search?q=martial+law
//freepage.twoday.net/search?q=McCain
//freepage.twoday.net/search?q=Mike+Whitney
//freepage.twoday.net/search?q=Rodrigue+Tremblay
//freepage.twoday.net/search?q=Rosa+Brooks

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