On Saturday, Nov. 15, 2008, a demonstration protesting the “Summit on Financial Markets, G20,” was held in Washington, D.C.. Activist Kevin Zeese was one of the individuals voicing his outrage about the $700 billion Bailout of the Wall Street bankers and fat cats by the taxpayers.
He said: “It’s time to look forward to a new economy and funding the banksters and Wall Streeters is not going to get us that new economy. We’ve got to build from the bottom up and not the top down.” Mr. Zeese (...)
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Video: Kevin Zeese: “Break the Bailout!”
16 November 2008 par (Open-Publishing)
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Renowned Trend Forcaster Celente Predicts Revolution, Food Riots, Tax Rebellions By 2012
14 November 2008 par (Open-Publishing)
8 commentsCelente Predicts Revolution, Food Riots, Tax Rebellions By 2012 Trend forecaster, renowned for being accurate in the past, says that America will cease to be a developed nation within 4 years, crisis will be “worse than the great depression”
Paul Joseph Watson, Prison Planet.com, Thursday, November 13, 2008
The man who predicted the 1987 stock market crash and the fall of the Soviet Union is now forecasting revolution in America, food riots and tax rebellions - all within four years, (...) -
Financial Crisis: Washington’s $5 Trillion Tab
13 November 2008 par (Open-Publishing)
Financial Crisis: Washington’s $5 Trillion Tab
Elizabeth Moyer, 11.12.08, 05:15 PM EST
Fighting the financial crisis has put the U.S. on the hook for some $5 trillion a report says. So far.
For all the fury over Treasury Secretary Henry Paulson’s $700 billion emergency economic relief fund, it seems downright puny when compared to the running total of the government’s response to the credit crisis.
According to CreditSights, a research firm in New York and London, the U.S. (...) -
Who are the Architects of Economic Collapse?
12 November 2008 par (Open-Publishing)
Who are the Architects of Economic Collapse? Will an Obama Administration Reverse the Tide?
by Michel Chossudovsky
Global Research, November 9, 2008 Most Serious Economic Crisis in Modern History
The October 2008 financial meltdown is not the result of a cyclical economic phenomenon. It is the deliberate result of US government policy instrumented through the Treasury and the US Federal Reserve Board.
This is the most serious economic crisis in World history.
The "bailout" (...) -
Financial Meltdown: The Greatest Transfer of Wealth in History
12 November 2008 par (Open-Publishing)
Financial Meltdown: The Greatest Transfer of Wealth in History How to Reverse the Tide and Democratize the US Monetary System
by Ellen Brown
Global Research, October 17, 2008
author’s website: webofdebt.com
"Admit it, mes amis, the rugged individualism and cutthroat capitalism that made America the land of unlimited opportunity has been shrink-wrapped by half a dozen short sellers in Greenwich, Conn., and FedExed to Washington, D.C., to be spoon-fed back to life by Fed Chairman Ben (...) -
AIG: We Need More Money (AIG already spent 122 B in 2 month)
9 November 2008 par (Open-Publishing)
AIG: We Need More Money (AIG already spent 122 B in 2 month)
AIG in talks with Fed over new bail-out
By Francesco Guerrera in New York
Published: November 8 2008 00:36 | Last updated: November 8 2008 00:36
AIG is asking the US government for a new bail-out less than two months after the Federal Reserve came to the rescue of the stricken insurer with an $85bn loan, according to people close to the situation.
AIG’s executives were on Friday night locked in negotiations with the (...) -
GEAB N°28: Global systemic crisis Alert - Summer 2009: The US government defaults on its debt
9 November 2008 par (Open-Publishing)
GEAB N°28: Global systemic crisis Alert - Summer 2009: The US government defaults on its debt
In this 28th edition of the GEAB, LEAP/E2020 has decided to launch a new global systemic crisis alert. Indeed our researchers anticipate that, before next summer 2009, the US government will default and be prevented to pay back its creditors (holders of US Treasury Bonds, of Fanny May and Freddy Mac shares, etc.). Of course such a bankruptcy will provoke some very negative outcome for all (...) -
Too Poor for Bankruptcy
7 November 2008 par (Open-Publishing)
4 commentsBy David Glenn Cox
We, as a country, seem to have little problem saving the wealthy from the clutches of poverty. We’ll bail out banks and insurance companies, mortgage funds. The formerly big three automakers will meet with the new administration this week to arrange a further multi-billion-dollar bailout.
How can we say no? Hundreds of thousands of jobs are dependent on these industries. So I guess we must help them, but our society is so far out of economic whack. Most all of our (...) -
All the people in the streets the 15th : "The crisis, let them pay it themselves"
6 November 2008 par (Open-Publishing)
4 commentsALL THE PEOPLES TO THE STREETS ON THE FIFTEENTH IN THE WHOLE WORLD!! THE CRISIS LET THEM PAY IT THEMSELVE
By Redascción de: Prensa Popular Comunistas Miranda
An initiative as risen up in Spain: " The Crisis they must pay it themselves",. We are alluding to this parallel movement to of a governmental meeting of the most important countries which was carried out, intenting to take measures toward a salvation from the crisis for the big monopolies owners of the world.
Meanwhile, with (...) -
The Black Swan: Quotes & Warnings that the Imbeciles Chose to Ignore (+ videos)
3 November 2008 par (Open-Publishing)
Nassim Nicholas Taleb: The Black Swan: The Impact of the Highly Improbable (April 2007)
For the last 12 years, I have been telling anyone who would listen to me that we are taking huge risks and massive exposure to rare events. I isolated some areas in which people make bogus claims —epistemologically unsound. The Black Swan is a philosophy book (epistemology, philosophy of history & philosophy of science), but I used banks as a particularly worrisome case of epistemic arrogance —and (...)