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One Nation under Capitalism: It’s Time for a Crucifixion

"Why would anybody listen to [Paulson/Bernanke]?"

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--MORE WITH VIDEOS--

Added: September 29, 2008

http://cspanjunkie.org/ September 29, 2008 C-SPAN

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Everyone knows the U.S. government is bailing out Wall Street banks but few realize that, in the process, it's also bailing out speculative oil and commodities traders.

"Congress should be approving a direct recapitalisation of US banks - as the Swedish government was forced to back in the mid-1990s - rather than messing about with TARP. I fear that’s eventually what will happen. So this bailout is only round one."
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Uncle Sam Bigger Risk than Ronald McDonald
Bailout benefits only banks and their ( Read more... )

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Money and Votes Aligned in Congress's Last Debate Over Bank Regulation

September 26, 2008

Once in a century rip-off

Economist Michael Hudson: The bailout is a giveaway that will cause hyperinflation and dollar collapse

Bailout talks stall as Bush meets with Congressional leaders and Presidential candidates. German Finance Minister says US will ( Read more... )

ECONOMY / Macroeconomics

25.09.08 16:34

Ellada Khankishiyeva, Director of Analytical Center of TrendCapital

Latest developments in the financial markets of US and see-saws in the exchange rate of dollar have undermined the position of the America currency in world markets. Today, even more countries are thinking about refusing dollar USD as reserve ( Read more... )

Posted By Ambrose Evans-Pritchard at Sep 23, 2008 at 20:28:09

This just arrived in my e-mail from Alex Patelis, global strategist at Merrill Lynch.

AS THE US PRINTING PRESS STARTS
Taking Stock
* Treasury buying mortgage-related assets: $700bn
* Potential supplementary stimulus package favoured by Democrats: $100bn
* Insuring money market funds: $ ( Read more... )

What Nobody's Saying: The Bailout Will Kill the Dollar

Mon, 09/22/2008 - 18:35 - dlindorff

What nobody in the corporate media is mentioning amid all the blather about the $700-billion Paulson bailout proposal is the impact it will have on the US dollar.

We are told that this huge gift to the financial sector-the assumption, at top dollar, of all the ( Read more... )

Tuesday, September 23. 2008

Posted by Karl Denninger at 07:49
(Page 1 of 269, totaling 537 entries) » next page "Rescue plan", "Bailout", How About "Den of Liars"?
( Read more... )

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Dollar Falls on Concern U.S. Bank Bailout Will Strain Finances


( Read more... )

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Understanding the Crisis

Added: September 21, 2008

Ron Paul talks about the bail outs and the destruction of the dollar

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