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Liberalandy

by Liberalandy on 19 September 2008 - 12:09

WASHINGTON (AP) -- The Treasury Department says it will tap into a Depression-era fund to provide guarantees for the nation's money market mutual funds.


Liberalandy

by Liberalandy on 19 September 2008 - 12:09

WASHINGTON (AP) -- The Treasury Department says it will tap into a Depression-era fund to provide guarantees for the nation's money market mutual funds.


by keepthefaith on 19 September 2008 - 13:09

Liberalandy, I saw that this morning. Over $90 billion was withdrawn from money market funds just on Wednesday.

What most Americans probably don't realize is that right now this entire situation is being handled by the Chairman of the Federal Reserve and the Secretary of the Treasury. Bush, Cheney and the leaders in Congress have no idea what to do because it is so complicated. These two guys are pretty much running the show - and we all have to hope that whatever they come up with will work.

There are trillions of dollars of derivatives and inter-linking of these funds between various institutions within the US and globally. We will end up owing even more money to the Chinese and Japanese because we will need for them to buy our paper - and they and the oil producers are the only ones who have the money to bail us out. Yes, those very same oil-producing countries like Saudi Arabia and the UAE that most Americans view as being the breeding ground for terrorists.

It is truly stunning to think that the US which was once the largest creditor nation and is now the largest debtor nation - and will be even more in debt.

The tax payers will be on the hook for hundreds of billions of dollars in investments made by companies that  are too large to fail because if they do the whole house of cards will fall.


by Uglydog on 19 September 2008 - 14:09

Shut up & Quit Whining,  Tax Slaves!

US Federal Reserve has opened the monetary spigots to England, to Europe, to Switzerland, to Japan, and Canada.The total central bank infusions of liquidity (translated: phony money) is $180 billion in the last several hours alone!! This huge amount is not enough to quiet the LIBOR or the 2-year USTreasury swaps. Gold is rising versus the pound sterling, the euro, the yen, and Canadian Dollar, aka the loonie. This trend is new and powerful. Central bankers are growing desperate. Their measures to open numerous lending facilities have not stopped lending constraints. Even commercial paper has fallen by $52 billion last week.

Clownish anchors and analysts cannot seem to comprehend what is going on with the central bankers, liquidity injections, market tanking, USDollar decline, and gold & silver zoom. They wonder why the USDollar would continue to fall after central bankers reacted responsibly. BECAUSE THE USTREASURY IS DOOMED FROM INSOLVENT BANKS, EXTREME DEMANDS FROM NATIONALIZATION, AND RECESSION, AGAINST A BACKDROP OF ENDLESS WAR FOR PRIVATE SYNDICATE BENEFIT. It is obvious! Gold smells a systemic failure.

 


by Uglydog on 19 September 2008 - 16:09

Dr. Ron Paul on this Mess

http://www.youtube.com/watch?v=KX9r-L1gKQc

“The Great Depression was Not accidental, it was a carefully contrived occurrence. The International Bankers sought to bring about a condition of despair here so that they might emerge as rulers of us all.” - Congressman Louis McFadden

 

 


by Preston on 19 September 2008 - 17:09

I get so tired of naive folks saying "this 9-11 talk that it was done by our own gov't is just crazy conspiracy stuff".  Of course the folks that say this and think this have never looked at any of the available evidence or read the research that  the groups of scholars and engineers have done on the twin towers & pentagon attacks.  What folks are doing is just shutting down and using "crazy conspiracy theories" as an excuse to avoid thinking about painful thoughts that are so terrible and terrifying that if true their whole worlds would be shattered & turned upside down.  They are unable to fit it into their heads that 9-11 was a second pearl harbor and the burning of the reichstag all wrapped into one. Here are the basic real time, irrefutable facts coming from former Gov, Jesse Ventura (Navy Seal who served his country most honorably) and many experts who have thoroughly studied the attacks on 9-11-01: 

1-  When asked why ossama bin laden was not charged for the 9-11 twin tower attacks and pentagon attack (as potus and chicanery stated early on as fact, and later implied it by innuendo and association), the fbi stated that the justice dept had charged him for the cole attack, but had not charged him for the 9-11 attacks because there was no evidence that he did it !

2- There were 7 different terrorist attack "readiness exercises" instututed and enacted on 9-11-01 (vigilant guardian was the one believed to have been actrivated and turned real to do the attacks).  When the FAA air traffick controllers kept seeing unresponsive bogeys on their screens who wouldn't identify themselves, they asked norad, "is this real or a live exercise?"  They were repeated told it was a live exercise and not real.  One month before 9-11, chicanery changed the regulations and transferred all interceot authority to himself away from norad generals.  During the 9-11 attacks, as a bogey kept approaching its target, sec. of transportation mineta was with chicanery in an underground command bunker and a young officer kept approaching chicanery and stating, "it's _ miles out, do you want us to intercept?".  Chicanery kept saying, "no, the order stands", and finally got angry and said "the order still stands, did you hear anything to the contrary?"  So according to Mineta's testimony (conveniently left out of the 9-11 final report) chicanery let the attacks go through to completion and made sure all air defenses were inactivated and stood down.  Folks, this is "high treason" and mass murder punishable by execution.  Read the facts at sites like "scholars for 9-11" before they are removed by homeland security censors.  If you think you would have liked nazi germany, you will love the police state that is being assembled in the USA right now.


by Preston on 19 September 2008 - 17:09

Senator Chris Dodd says we are days away from a complete financial meltdown.  Check out this Associated Press article from today:

http://ap.google.com/article/ALeqM5ioHc80xKMiATnqCpK0cDKJzk_nPQD939OU280

 


BabyEagle4U

by BabyEagle4U on 19 September 2008 - 18:09

Interesting how the financial short-selling ban ends on Oct 2. Everything seems to fit perfectly into this investigative guy's research:  http://finance.google.com/group/google.finance.983582/search?q=reinhardt&start=0&scoring=d&pli=1

He predicted the Sept 15th crash to the day back in July on the Google Finance boards. His name is "Reinhardt", here's his website  .. http://www.enterprisecorruption.com/

What's next ?  http://www.globalresearch.ca/index.php?context=viewArticle&code=CHI20070521&articleId=5720

National Security and Homeland Security Presidential Directive

/quote NATIONAL SECURITY PRESIDENTIAL DIRECTIVE/NSPD 51

HOMELAND SECURITY PRESIDENTIAL DIRECTIVE/HSPD-20

Subject: National Continuity Policy

Purpose

(1) This directive establishes a comprehnsive national policy on the continuity of Federal Government structures and operations and a single National Continuity Coordinator responsible for coordinating the development and implementation of Federal continuity policies. This policy establishes "National Essential Functions," prescribes continuity requirements for all executive departments and agencies, and provides guidance for State, local, territorial, and tribal governments, and private sector organizations in order to ensure a comprehensive and integrated national continuity program that will enhance the credibility of our national security posture and enable a more rapid and effective response to and recovery from a national emergency. /quote

.. they never cease to amaze me with wording. Like people can't think or something. I knew Bush wasn't ready to step down. Who's got the handcuffs ? 

 


BabyEagle4U

by BabyEagle4U on 19 September 2008 - 18:09

... ohhh and todays dose of Ron Paul on the economy (CNN) ...  funny how now he's all over the Media ..

http://www.youtube.com/watch?v=lQsC-F9YRxk


by Uglydog on 20 September 2008 - 00:09

The End Of The United States

Mike Robinson


Sep 19th 2008
As I write this, in a real sucker punch, the FTSE is up 10% so far today. Hooray, the world is saved!  Or not.

What could be behind this insane, hysterical reaction?

One reason is that late yesterday, the FSA called a halt to short selling of financial stocks in the UK. As a result, many (t)raders have had to get themselves out of short positions. That musta hurt!

The second, much bigger, reason is that the US Treasury Secretary, Hank Paulson, in collusion with the US Congress, is about to commit an act of blatant treason.

Instead of doing the right thing, which would have been to place the system in administratrion (bankruptcy reorganisation), he has decided to make the United States itself bankrupt.

The bankers are laughing up their sleeves.   What Paulson has announced is this: he will establish a Federal agency to buy up what will amount to trillions of dollars of bad debt. The debt will become the liability of the US taxpayer. The bankers will get off scot free. The US will also insure investors in US money-market funds, which have seen significant withdrawals in recent days.

The idea is that, in a reflection of the Resolution Trust Corporation, the debt will be warehoused so that it can get the chance “for much of it to recover a portion of its value.”

But make no mistake, as far as the financial system is concerned, this will achieve nothing, other than delay the inevitable once again.  The real benefit for Paulson’s controllers, is that long held goal of the financial elites - the end of the United States, and that pesky Constitution.

What about us, here in the UK? For us, there’s the small matter of the spectre of hyperinflation which will make Weimar Germany pale into insignificance.






 


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