Nov. 11, 2008 at 12:39 PM

Federal Reserve refuses to identify the recipients of almost $2trillion dollars. Why?!!

    The Federal Reserve is refusing to identify the recipients of almost $2 trillion of emergency loansBy: Ian Welsh Monday November 10, 2008 3:30 pm   What is th...

2 Comments

Oct. 10, 2008 at 1:39 AM

Last ditch effort, before TSHTF.

We The People of the United States of America, in order to preserve, protect, and defend our "more perfect union," must act now! The chart below represents one day's worth of trading on the Dow J...

3 Comments

Sep. 30, 2008 at 11:26 PM

Bailout Bill = USA bails out the world! ***READ PLEASE!*** Newly Updated!

This is huge.Brad Sherman (D-CA): The fact is, Larry, if you read the key provisions of this bill, you would have voted against it.  It provides hundreds of billions of dollars of bailout t...

39 Comments

Sep. 25, 2008 at 1:41 AM

Wondering what this bailout is all about?

Ignore the details of how we got to this point, for a moment.  Let's talk about our situation in simple terms.Background fact 1: "Creative mortgages" which have a high risk of not being paid b...

5 Comments

Sep. 21, 2008 at 1:00 AM

*Must see...* Proposed bailout bill text! You're going to love this!!!

Sec. 8. Review.Decisions by the Secretary pursuant to the authority of this Act are non-reviewable and committed to agency discretion, and may not be reviewed by any court of law or any administ...

2 Comments

Sep. 20, 2008 at 2:02 PM

Why should we trust them... again?

Feb. 14:U.S. Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke both told the U.S. Senate Banking Committee on Thursday that the U.S. economy will not fall into recession...

2 Comments

Sep. 17, 2008 at 10:59 PM

Officially scared.

Ok, when I first got into reading about economics, I listened to a lot of "inflationistas" - financialsense.com, safehaven.com, Ron Paul, Mike Ruppert...  Doomerish people who were stockpiling...

6 Comments

Aug. 5, 2008 at 1:18 PM

Housing Bill = Bailing Out China with Taxpayer Dollars

Remember when I said that I believed that Asian Central Banks had threatened Paulson regarding Freddie and Fannie? Here 'ya go from Bloomberg this evening: "Concerns about the financial he...

1 Comments

Sep. 10, 2007 at 2:05 PM

This will be a most interesting September. TINFOIL HAT: ON

1) Anniversary of 9/11 on Tuesday.2) Nukes "accidently" flown over several states last week as reason for all fighters and bombers in the US to be grounded on Thursday for review of proce...

1 Comments

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