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The logical and sickly sinister implication put forth in this angry editorial by economic analyst Mike Whitney is that the global financial and banking community had been assured a long time ago by the US Treasury... Main Street turns against Wall Street & Politicians BailOut
"NEW YORK (Fortune) -- In one frenzied month Treasury Secretary Henry Paulson and Federal Reserve chairman Ben Bernanke remade Wall Street. Along the way they may also have recast American politics. A month of... Obama, McCain, Kissinger: American Realpolitiks
I love Zoe Strauss. Here is a post she just did about an exchange between Obama and McCain about Kissinger. The post then goes on to provide links and information about the controversial career of Kissinger..."war criminal". Go Zoe! "During the presidential debate Obama and... Crash looms as McCain rejects bail
" All eyes will again be on the Treasury Secretary Henry Paulson for a statement to shore up market confidence at the opening today, but it is hard to know what he can say as his authority appears to have been undermined at the highest political level, and President Bush... No deal reached at White House, officials say
Alabama Senator Richard Shelby came out of the meeting and said there is NO Deal. He also raised his hand holding 5 pages of copy that related that this plan wont work. He related to reporters that the... Democrats want homeowner relief as part of bailout plan
The US government's corporate bailout plan will cost taxpayers hundreds of millions, if not trillions, of dollars, calling some Democrats to ask the obvious; will a similar aid plan be put in place for bankrupt... Update Goldman: After the party, the hangover, buying an AIG lifeinsurance now?
Who ever will buy now a lifeinsurance policy from AIG, not trustworthy you may say.Who ever will invest in Goldman & Sachs, still healthy, can they repeat to make profiton short selling of mortgage contracts?... Palin Media Blackout Continues
Fox News says Sarah Palin is not being open to her traveling press corps and her staff is working overtime to control access and images."Palin Media Blackout Continues by Shushannah... All Hail Henry Paulson, New King of the USA
Secretary of the Treasury Henry Paulson is about to crown himself King of the USA and the Bush Administration and Congress are aiding and abetting the execution of this bloodless coup d' état over the hapless... McCain speaks out against government bailouts
Republican presidential candidate John McCain spoke out against the mass government bailouts being given to crumbling financial sector companies, in a speech given Friday, at a Republican rally in Minnesota.McCain... Bush, a Georgie come lately, as always
Have you noticed over the last 8 yrs, that Bush is always a day late and a dollar short......on brains and action?"Bush: 'We must act now'Bush, Paulson outline powerful steps targeting troubled mortgage-related assets weighing down the finance industry. Plan could cost... US creates government sponsored Bad Bank
Bad Bank Paulson, Pelosi had the task to announce the "Bad bank" creation finally by the US government. Originally the banks themselves proposed a $70 bn "Bad bank". Obviously the $70bn would have been just peanuts.... White House warns, no more Wall Street bailouts
After taking the rare move of bailing out mortgage companies Fannie Mae and Freddie Mac, Washington is warning other struggling Wall Street firms not to expect the same helping hand. The warning was issued... Former KKK Member's Conviction Vacated
James Ford Seale, the former KKK member who was convicted of kidnapping and conspiracy last year in the 1964 murder of two black teens was granted an acquittal by the US 5th Circuit Court of Appeals.The court said... Paulson readies the 'bazooka'
"Paulson readies the 'bazooka'Big buyers of Fannie Mae and Freddie Mac debt have been shying away. The Treasury secretary wants to coax them back.By Colin Barr, senior writerLast Updated: September 7, 2008: 9:56 AM EDT Special Report Rescue cost: The big...
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