The Federal Reserve caused the 700 billion dollar bailout and economic crash

Economist Michael Hudson: the bailout is a giveaway that will cause hyperinflation and dollar collapse. It almost seems like most of America is falling for this trap to collapse our dollar. I have been   more...posting warnings about this for the longest and I hope that this is a wake up call for most but i doubt it. Anyway I hope people are aware of what is going on.  less

Documentary on what caused the current Global credit & financial Crisis (Part 3 of 5 - From Greed to Panic and Cancers Downward Spiral). Causes, current more...problems and problems that lie ahead.

Documentary on what caused the current Global financial & credit Crisis (final of 5 Parts - Future Perspective, the Viral Domino Effect and Dangers of CDS's). Causes, current effects and future trends.

Documentary on what caused the current Global credit & economic Crisis (Part 4 of 5 - Political Dithering, Financial Ineptitude and Passing the Buck of Resposibility Penalising the Public). Causes,   more...current problems and the problems that lie ahead.  less

Most people have the sense that there was something
bizarre and surreal about the sudden coordinated
FBI and US news media attack on New York Governor
Eliot Spitzer.

After all, unproven allegations about   more...how he may have
chosen to spend his own money on his own time hardly
seems a worthy subject of front page news for a week
straight.

Meanwhile, the US news media remained characteristically
clueless about why Spitzer was taken out.

It's simple.

He had the goods on Bush adminstation colusion with
predatory lenders and was preparing a case that would
have tied the administration directly to wide spread
fraud and criminality in the lending business.

http://www.washingtonpost.com/wp-dyn/...  less

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Documentary on what caused the current Global credit & financial Crisis (Part 3 of 5 - From Greed to Panic and Cancers Downward Spiral). Causes, current problems and problems that lie ahead.

Documentary on what caused the current Global credit and financial Crisis (Part 1 of 5 - Introduction - The Problem). Causes, current and future problems.

Oct. 3 - Members of the U.S. House of Representatives debate whether to vote to pass a $700 billion bill to bail out banks and arrest a spreading financial crisis.

The plan that will allow the U.S. Treasury   more...to buy toxic debt from U.S. banks, a move that many say is needed to head off the worst financial crisis since the Great Depression. SOUNDBITES: David Dreier, R-CA Phil Gringey, R-GA Sheila Jackson Lee, D-TX Lloyd Doggett, D-TX  less

Oct. 3 - The bill passed by a a margin of 263 to 171, and follows a Senate vote in favor of the rescue plan.

The vote came under pressure from all sides as the effort to head off a spreading financial   more...crisis hung in the balance.

Deborah Lutterbeck reports from Washington.  less

While lawmakers negotiate on Capitol Hill over the $700 billion-taxpayer bailout for banks and lenders on Wall Street, the foreclosure machine continues to crush homeowners caught in the mortgage crisis.   more...Beyond the politics of Washington, one thing seems clear to many homeowners on the verge of foreclosure, there is no significant relief in sight from the government or Wall Street.  less

www.EmploymentCrossing.com President George W. Bush has asked Congress for the authority to spend as much as $700 billion dollars to purchase troubled mortgage assets in the hope of containing the current   more...global financial crisis. "It is a big package because it's a big problem," Bush told reporters at a news conference. "The risk of doing nothing far outweighs the risk of the package." Treasury Secretary Henry Paulson, lawmakers and their aides are expected to work through the weekend in an effort to craft a bill swiftly. Democratic leaders on Capitol Hill said they expect the bill to go before a vote within days. Some commentators are worried that such a sweeping piece of legislation, that could fundamentally change how the American economy works, may be passed without full debate and consideration. But Paulson and other officials believe that the lack of easy credit between banks and other financial institutions threatens to inflict serious damage on the economy if not addressed immediately. "This program is intended to fundamentally and comprehensively address the root cause of our financial system's stresses," according to a statement released by the Treasury. The plan is for the government to buy the securities at a discount, hold onto them and then sell them for a profit. The administration's proposal also requests that Congress authorize an increase to the nation's debt ceiling. Currently set for $10.6 trillion in 2009, the proposal requests the limit be increased to $11.3 trillion to allow for the purchases of mortgage-backed assets.  less

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In 2003, Stephen Harper and Australian Prime Minister John Howard deliver largely identical speeches urging their nations to join George W. Bush's Coalition of the Willing to go to war with Iraq.

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EmploymentCrossing.comUS Treasury Secretary Henry Paulson is expected to name Neel Kashkari, currently the Assistant Secretary for International Affairs in the Department of Treasury, as the interim   more...head for its new Office of Financial Stability. The OFS will oversee the $700-billion bailout program aimed at arresting the U.S economy's precipitous slide arising from the mortgage crisis.Kashkari is one of nearly half-dozen Indian-Americans, including Louisiana Governor Bobby Jindal, who have served in the Bush administration at Tier Two cabinet levels. But the new job clearly puts Kashkari in a different league altogether. A long-time understudy and associate of Secretary Paulson going back to their days at Goldman Sachs, Kashkari was nominated as assistant secretary and confirmed by the Senate only in July this year.Some in the financial press have expressed concerns over Kashkari’s age and relative inexperience.On a day the Dow tanked 300 points an hour after opening and went below 10,000, a wiseacre on the Market Ticker forum wrote, ''Seriously? The guy overseeing the $700 billion is named 'CashCarry'? You really can't make this stuff up...'' The last time the Dow was below 10,000 was 1999.  less

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The following video exposes the North American Union and the Council on Foreign Relations involvement.
Our world is about to change...

This past August, the presidents of Mexico, Canada and the U.S., met   more...to discuss The Security and Prosperity Partnership of North America.
You may ask yourself why you've never heard of it...

The U.S. government is currently brainwashing the American people. Our government is a Shadow Government controlled cult members-(Skull and Crossbones), international banking-(the Federal Reserve) and Fascist dictatorships. The American People are being attacked by domestic enemies. (Alan Greenfield, Rockefeller, Rothschild, Morgans)

The goal of this "partnership" is to integrate these countries economically and politically, with plans to mint a new universal currency called the "Amero".
In other words a "North American Union". A super-state in which U.S. sovereignty is diminished.

Even CNN news anchor Lou Dobbs has criticized it saying it's "absolute ignorance... an absolute contravention of our law, of our Constitution, every national value".

The only trouble is, who you plan to elect to the presidency could make matters worse...

Hillary Clinton, Barrack Obama, John Edwards, Joe Biden, Rudy Giuliani, Fred Thompson, Mitt Romney and John McCain are all members of The Council on Foreign Relations.
For those of you who are not familiar with this organization, it's stated goal is to "influence" American public opinion in regards to foreign policy.
Many of the largest corporations in the world are also members of this elite organization.

The CFR is responsible for releasing a document entitled, "Building a North American Community", which has been cited as the inspiration and road map for the Security and Prosperity Partnership.

ALL of these candidates support The Patriot Act, Military Commissions Act, and The Real I.D. Act.

The Military Commissions Act allows for U.S. citizens to be labeled as "enemy combatants" and held indefinitely without access to an attorney.
It also allows you to be tortured up to the point of "physical and mental trauma".




The Real I.D. Act requires that all Americans get a national I.D. card outfitted with a Radio Frequency Identification Chip (RFID) by 2009, beginning May 2008.

Halliburton subsidiary KBR has been contracted by the U.S. Army Corps. of Engineers to build detention centers for "an emergency influx of immigrants into the U.S., or to support the rapid development of new programs".
One wonders what "new programs" they have in mind...

To vote for one of these candidates is to tighten a noose around American sovereignty.
To elect one of these candidates is to elect an unaccountable, governing body to "guide" our nation into one world government.
If you want a president who'll be a puppet for the elite class, who'll be no different than George W. himself, then vote for one of those above.
If you want to live in a fascist, totalitarian super-state, then by all means elect one of those.

However...
RON PAUL is the ONLY candidate who has expressed grave concerns over these recent developments, and the ONLY one determined to stop them!

I will vote for a true patriot.

LEGALIZE THE CONSTITUTION!! VOTE FOR RON PAUL!! PRESIDENT RON PAUL  less

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www.EmploymentCrossing.com Several hundred construction and transit workers, machinists, teachers and other labor unionists railed against the U.S. government's proposed bailout of Wall Street on Thursday,   more...in a protest steps from the New York Stock Exchange, according to Reuters. Union leaders criticized a $700 billion plan aimed at rescuing the credit markets by relieving financial institutions of distressed debt. "The Bush administration wants us to pay the freight for a Wall Street bailout that does not even begin to address the roots of our crisis," said AFL-CIO National President John Sweeney. "We want our tax dollars used to provide a hand up for the millions of working people who live on Main Street and not a handout to a privileged band of overpaid executives." Signs read "No Blank Checks for Wall Street" and "Our Hard-Earned Pensions Are Not Up For Grabs." Protesters cheered repeated calls for the government to spend money on education, health care and housing as freely and readily as it was proposing to do for Wall Street. "We know that the economic situation has to be solved. But we want a responsible rescue, not an opportunistic bailout," said United Federation of Teachers President Randi Weingarten. "[If] there should be accountability for the teachers, then there should be accountability for Wall Street," he said.  less

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