http://www.gnn.tv…
The first thing to keep track of is that this news is being brought to us by Rupert Murdoch’s Wall Street Journal. A substantial number of his respected readership will have cashed out on this latest heist of the global economy. So it’s a joke. They’re laughing at us.
No one knows exactly how much fiat [...]
http://www.guardian.co.uk…
David Pallister and Rob Evans
-US freezes tobacco trader’s assets over allegations
-Raid in Johannesburg linked to BAE arms deal
The US treasury has frozen the American assets of one of Britain’s richest men after accusing him of financially supporting Robert Mugabe’s regime in Zimbabwe.
Describing him as a “regime crony”, the US accused John Bredenkamp, 68, of providing [...]
http://www.latimes.com…
…
Among the initiatives unveiled by the Treasury secretary is a $200-billion program to help ease the credit pinch for consumers in three areas: student loans, automobile purchases and credit cards.
The federal government’s new $800-billion initiative to revive the nation’s credit markets and reverse the deepening economic crisis propels the government into risky territory — the [...]
1. Freedom’s Watch is shutting down…
The Las Vegas Review-Journal reports today that Freedom’s Watch, the right-wing advocacy group founded by Ari Fleischer and funded by Sheldon Adelson, “is pretty much kaput.” Freedom’s Watch spokesman Ed Patru “confirmed that much of the staff was on its way out,” but refused to say if the group would [...]
By Amy Goodman, Democracy Now!
Posted on November 18, 2008, Printed on November 18, 2008
http://www.alternet.org…
Amy Goodman: World leaders from nearly two dozen countries met in Washington over the weekend to discuss plans to increase regulation of international financial activity. They acknowledged that a failure of market oversight in countries like the United States had precipitated the [...]
http://rawstory.com…
Muriel Kane
Published: Monday November 17, 2008
Sen. James Inhofe (R-OK) is making waves by criticizing Treasury Secretary Paulson’s handling of the bailout and saying that Congress should take back whatever is left of the $700 billion “blank check” it issued to the Bush administration in October.
In a letter posted on his website, Inhofe told his Senate [...]
http://www.americablog.com…
Joe Sudbay (DC)
This shouldn’t be a surprise. The Bush administration provided no oversight of Iraq. No oversight of the economy. No oversight of the country. So, this shouldn’t be a surprise:
In the six weeks since lawmakers approved the Treasury’s massive bailout of financial firms, the government has poured money into the country’s largest banks, [...]
http://www.americablog.com…
Chris in Paris · 11/10/2008 06:13:00 AM ET
Who needs Congress when you have Henry Paulson there to save Wall Street at every corner? Every time I heard a Wall Street pundit tell everyone how fantastic Paulson was and how lucky we would all be if only he could be begged into staying, I wanted [...]
1. Wall Street Fat Cats Are Trying to Pocket Billions in Bailout Cash…
During his historic victory speech, President-elect Barack Obama told supporters, and the rest of the world, “If this financial crisis taught us anything, it’s that we cannot have a thriving Wall Street while Main Street suffers.”
But, it seems that Wall Street didn’t get [...]
How Did McCain Escape Expulsion from the Senate?…
John McCain, according to a revelatory article in The New Republic, was almost certainly the source for illegal leaks during the Keating Five investigation — leaks that, if proven, would have been cause for his expulsion from the United States Senate for perjury. Additionally, according to [...]
One does not establish a dictatorship in order to safeguard a revolution; one makes a revolution in order to establish a dictatorship…George Orwell
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