The Truth About Unemployment

By Washington's Blog

The FDIC expects 500 banks to fail in coming months.
//informationclearinghouse.info/article23253.htm



Spinning the Economic News

By Paul Craig Roberts

By spinning the financial news, the appearance of recovery is created, and this lures people back into the stock and real estate markets where they can lose the remainder of their wealth.

//informationclearinghouse.info/article23254.htm



Question for Bernanke

"Do You Have the Cojones to Raise Rates?"

By Mike Whitney

Bernanke should welcome the opportunity to show everyone how he's pulled the world's biggest economy back from the brink of disaster. All he needs to do is stop giving away free money, shut down a few of his so-called lending facilities, and stop manipulating interest rates by purchasing mortgage-backed securities (MBS) from Fannie and Freddie. How hard is that?

//informationclearinghouse.info/article23257.htm



The Creeping Financial Lock-Up

By Jeff Snyder

The US government's attacks on foreign financial institutions are one more means by which the US is slowly establishing controls that will prevent the populace from escaping their indentured servant status here, or just escaping, period.

//informationclearinghouse.info/article23251.htm



Ascent Of Money

From Bullion to Bubbles

Video

Economist and historian Niall Ferguson examines the current global financial crisis in the context of the financial history of the West, Topics in this episode include: the beginnings of money lending, stocks, bonds and credit.

//informationclearinghouse.info/article23240.htm



Consumer Bankruptcies May Hit 1.4 Million

More than 126,000 consumers filed for bankruptcy in the U.S. last month, 34 percent more than in July 2008, the ABI said in its latest report on Aug. 4. The increase came after a 36.5 percent rise in personal bankruptcies nationwide in the first six months.

//www.bloomberg.com/apps/news?pid=20601087&sid=acQvgRoLQmXQ



The Next Fannie Mae

Ginnie Mae and FHA are becoming $1 trillion subprime guarantors.
//snipurl.com/pr6bk


From Information Clearing House



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