By Scott Thill
September 30, 2008
“Raw capitalism is dead.” — Henry Paulson, U.S. Treasury secretary
“Can’t we just all go out and say things are OK?” — President Bush, to congressional leaders during bailout negotiations
I’m not much of an Army Times reader, but after reading that a brigade was shipping from Iraq in October to serve as [...]

(You read this and make up your own call…Paul)
Sept. 29, 2008
by Michael C. Ruppert
For years I have told you exactly what was going to happen and it has. Today’s economic meltdown, with the Dow dropping 777 points and $1.2 trillion in equity lost is no exception. In our second FTW Economic Alert back in 2002 [...]

By Jeffrey K. Radt
September 29, 2008
Before I begin this expose I want to note at the outset that I’m fairly certain that many people reading this will not finish the piece through to the end. I’ll admit that it does all seem a little “conspiracy-theorist” on the surface and I struggled with whether or not [...]

By Martin Hutchinson
Oct 1, 2008
Financial downturns are unpleasant, but they do not need to turn into the Great Depression, which historians now agree was the product primarily of a number of egregious policy mistakes. For almost 80 years, we have thus felt safe from a recurrence of the “Great Depression” phenomenon, primarily on the [...]

by F. William Engdahl
September 30, 2008
The unexpected rejection by the US Congress of the Bush Administration financial rescue plan, TARP on September 29 has opened up the spectre for the first time of a 1931-style domino wave of worldwide bank failures. That is already underway across the US banking spectrum with the failure, [...]

By CHRIS FLOYD
September 30, 2008
The vote by the House of Representatives on Monday to defeat the Wall Street bailout plan is the first act of political courage that the Congress of the United States has mounted in the last seven years. The fact that it was due largely to right-wing Republicans afraid of going down [...]

Nouriel Roubini
Sep 29, 2008
It is obvious that the current financial crisis is becoming more severe in spite of the Treasury rescue plan (or maybe because of it as this plan it totally flawed). The severe strains in financial markets (money markets, credit markets, stock markets, CDS and derivative markets) are becoming more severe rather [...]

WHAT DO WE DO NOW?
By: David Brownlow
Tuesday, September 30, 2008
Before we can understand what to do after this all comes tumbling down, we need to understand how we got to this point – to make sure we avoid making the same mistakes all over again, only on a larger scale.

Jeremy Warner
Tuesday, 30 September 2008
There’s a famous perversion of the old saying “it’s always darkest just before the dawn”, sometimes attributed to the former Chinese leader Mao Zedong, which goes: “It is always darkest just before it is completely black”.

By Rich Miller
Sept. 30 (Bloomberg) — The U.S. may face its longest recession in a quarter century no matter what action Congress takes on Treasury Secretary Henry Paulson’s $700 billion plan to rescue the battered banking industry.
Economists including Joseph Lavorgna of Deutsche Bank Securities and David Greenlaw of Morgan Stanley said it now [...]

by Llewellyn H. Rockwell, Jr.
I’m fully aware that Paulson and Bernanke have some nefarious scheme in mind to reverse the thrilling defeat of their criminal bailout package, a package shot down by independent members of Congress on both sides. But reflect for a few minutes on what it means that the House did this. It [...]

By Cliff Kincaid
September 30, 2008
While many of the talking heads and pundits on TV have been providing calming words of reassurance about proposed federal intervention in the financial system, analyst Peter Schiff of Euro Pacific Capital has been accurately warning for years about a financial meltdown and says that the worst, if Congress eventually passes [...]

by Deanna Spingola
29 September 2008
Burn all, steal all and kill all was the official policy of Japan’s imperialistic military and paramilitary groups like the Black Ocean and Black Dragon societies. Japanese citizens regarded their emperor as omnipotent or sanctioned by God; therefore obedience to government was deeply entrenched. Weapons technology, driven by the [...]

By Berit Kjos
September 28, 2008
Obama: “I will ask for your service and your active citizenship when I am president of the United States … this will be a central cause of my presidency.”[1]
Obama: “People of all ages, stations, and skills will be asked to serve…. I will set a goal for all American middle and [...]

By Bill Salus
September 29, 2008
These days it doesn’t require much dusting to see Russia is conspicuously etching its indelible fingerprints upon the Middle East. In a bid to regain superpower status, the ancient Muscovites are forming unprecedented alliances with Iran and Syria, the two primary enemies of modern day Israel.

By Mike Whitney
The financial system is blowing up. Don’t listen to the experts; just look at the numbers. Last week, according to Reuters, “U.S. banks borrowed a record amount from the Federal Reserve nearly $188 billion a day on average, showing the central bank went to extremes to keep the banking system afloat amid the [...]

Financial Crime of the Century
by Stephen Lendman
September 29, 2008
The crime of the century. The greatest one ever. Author Danny Schechter calls it “Plunder.” The title of his important new book on the subprime and overall financial crisis. Economist Michael Hudson and others refer to a kleptocracy. A Ponzi scheme writ large. Maybe an out-of-control [...]

By Michael Patterson and Adria Cimino
Sept. 29 (Bloomberg) — Stocks around the world tumbled, the euro and the pound plunged and bonds rose as governments raced to prop up banks.
Europe’s Dow Jones Stoxx 600 Index declined 3.1 percent and the MSCI Asia Pacific Index lost 2.8 percent after Dexia SA sank 28 percent and [...]

Alvaro Vargas Llosa
WASHINGTON—Having spent part of my life in the developing world, I know that the nationalization of an industry or an institution is an act of robbery perpetrated under the pretense of altruism—sort of like putting lipstick on a pig—and that the consequence is poverty. That is why I and thousands of Peruvians took [...]

Joseph L. Shaefer
September 29, 2008
It looks as if we have a bailout plan in place. We’ll be seeing lots of positive information about it as the government sales job swings into high gear. I’ve read it and am unimpressed.
For instance, the headline may read “Executive Pay and Golden Parachutes Capped” but the fine print [...]

By: David Chapman
SEPTEMBER 29, 2008
Fear treads unchartered turf – Toronto Star, Business section, September 27, 2008
Last week we were looking for the Maalox. We are now out of it. For years, we, along with many others, warned how the growing mountain of debt, coupled with unparalleled growth in derivatives and complex products, would wind up [...]

By Robert Artusy
9-29-8
The ultimate outcome for a corruption driven lobbyist in Washington, D.C. is the complete severance of citizen control over their masters. The psychology that one person, or group, or branch of government in control can solve problems is the definition of dictatorship. After 40 years, I can still look my fellow [...]

by Karen Kwiatkowski
At the first presidential debate, the candidates of the Left-Right Party Ra’ed the bailout, Ra’ed the war, and Boom-di-A’ed the Warfare-Welfare State of America.
But that boat’s sinking fast. The fundamental effectiveness of our military prowess has long been in doubt, and its displays are way past dismaying. We spend and spend, bomb [...]

by Michael S. Rozeff
The U.S. constitution, as a compromise between liberty and a central state, has been degraded step by step, like The Picture of Dorian Gray. Liberty has lost. The degradation is a continuing enterprise, constantly renewed.
How can future generations do better? They need to know how and why liberty lost. They need to [...]

By: Devvy
September 29, 2008
“We’re turning risk investment funds into the hands of taxpayers,” pointing out that since no private investor wants to take responsibility for “risk investments, we’re simply wall papering them on to the taxpayer, and this is monstrous.” Nobel Prize recipient in Economic Sciences, Joseph Stiglitz [1]

By Tom DeWeese
September 29, 2008
If government won’t do its job, is that a reason for Americans to surrender their liberty? Do you think that is a funny question? Well, it is actually what a number of activist groups are now advocating in the name of stopping illegal immigration.

By Frosty Wooldridge
September 29, 2008
Can you hear the clock ticking on the demise of America? Yes, Congress expects to pass a package bailout deal to save all those bankers, realtors and lenders from their dirty deals for the past 15 years. They might as well tighten a tourniquet around America’s arm while her legs fall [...]

By Sheriff Jim R. Schwiesow, Ret.
September 29, 2008
Introduction
The Apostle Paul wrote of just such a time as exists in this nation today, a time when the people would be lovers of themselves, covetous, boasters, proud, blasphemers, disobedient to parents, unthankful, unholy, without natural affection, false accusers, uncontrollable, despisers of those that are good, traitors, and [...]

Bob Chapman
September 27 2008
Planned profits for the elites, successive administrations set the stage for current market debacles, bailout plan set months in advance, threat of a depression from the bailout, Economy set to wither, Wall Street will not go unscathed, a stampede to safety is coming

By Paul Craig Roberts
9-27-8
Remember the good old days when the economic threat was mere recession? The Federal Reserve would encourage the economy with low interest rates until the economy overheated. Prices would rise, and unions would strike for higher benefits. Then the Fed would put on the brakes by raising interest rates. Money supply growth [...]

By Joan Veon
9-27-8
THIS IS A CALL TO ARMS-NOT WITH GUNS AND BULLETS - BUT WITH THE TELPEHONE, WITH EMAILS, WITH YOUR SACRED HONOR AND PERSONAL ASSETS.
In 1913, at 11:45 p.m., on the eve of Christmas, a group of powerful men came together to form a private corporation, designed to control the monetary system of [...]

The revolution will not be organized,
the revolution will not be organized.com,
the revolution will not be Yahoo Grouped, Meetuped,
downloaded, uploaded, QWERTY’d, or blogged.
The revolution will not be handled by webmasters,
think-tankers, authors of policy position papers,
authors of anti-policy position papers,
secretaries, executives, executive assistants,
insiders, whistle-blowers, informants, counter-informants,
committees or sub-committees.

By Joe Nocera
September 27, 2008
Here we go again.
Just nine days ago - Thursday, Sept. 18 - financial Armageddon was warded off when word began to leak about the government’s giant bailout plan. The news first broke around 2:10 p.m., New York time, when Bloomberg News moved an article quoting Senator Charles Schumer, Democrat of [...]

by Patrick J. Buchanan
How did the United States of America, the richest nation on earth, whose economy represents 30 percent of the Global Economy, arrive at the precipice of a financial panic and collapse?
The answer lies in the abject failure of both America’s financial elite and the political elite of both parties – the [...]

To the Speaker of the House of Representatives and the President pro tempore of the Senate:
26/09/09 As economists, we want to express to Congress our great concern for the plan proposed by Treasury Secretary Paulson to deal with the financial crisis. We are well aware of the difficulty of the current financial situation and we [...]

By Chris Powell
9/26/2008
Even leading Republicans in Congress, including presidential nominee Sen. John McCain, recoiled from Treasury Secretary Henry M. Paulson’s proposal to take absolute power over $700 billion to be borrowed by the federal government and used to purchase every sort of bad debt without ever having to answer for it - [...]

By Cliff Kincaid
September 27, 2008
In his classic 1932 book, Toward Soviet America, Communist Party boss William Z. Foster wrote about how “The United Soviet States of America” will come about. As a result of various capitalist crises, the national government would assume more and more control over the economy. “In finance,” he wrote, “it will [...]

By Betty Freauf
September 27, 2008
The bigger they are, the harder they fall. SO LET ‘EM FALL! If readers want to place the blame, we don’t have to look any further than to we, the people who continue to return to office every election cycle these shysters whose only claim to fame is their own greed. [...]

PART 2 of 2
Deanna Spingola
September 27, 2008
Eye rollers, people who condescendingly roll their eyes when confronted with truth, share common characteristics: apathy, naivety, and of course blissful ignorance. In addition, some eye rollers can be very dispassionate, as exemplified in the following separate scenarios:

By David Gardner
26th September 2008
President Bush admitted he had a ‘big problem’ yesterday as he tried to quell a humiliating mutiny in his own Republican Party over his £400billion bailout plan for Wall Street.
With markets around the world plunging back into despair, he pleaded with Congress to ‘rise to the occasion’ amid a revolt [...]

Steve Watson
Friday, Sept 26, 2008
A Council on Foreign Relations member and former policy planner under prominent Bilderberger Henry Kissinger has penned a piece in the Financial Times of London calling for a “new global monetary authority” that would have the power to monitor all national financial authorities and all large global financial companies.

William N. Grigg
There are those who still think they are holding the pass against a revolution that may be coming up the road. But they are gazing in the wrong direction. The revolution is behind them.
Garet Garrett, The Revolution Was (1938)

by Michel Chossudovsky
September 26, 2008
The Army Times reports that the 3rd Infantry’s 1st Brigade Combat Team is returning from Iraq to defend the Homeland, as “an on-call federal response force for natural or manmade emergencies and disasters, including terrorist attacks.” The BCT unit has been attached to US Army North, the Army’s component [...]

by Glenn Greenwald
September 25, 2008
Several bloggers today have pointed to this obviously disturbing article from Army Times, which announces that “beginning Oct. 1 for 12 months, the [1st Brigade Combat Team of the 3rd Infantry Division] will be under the day-to-day control of U.S. Army North” — “the first time an active unit has [...]

(Well Why Not!!…World War III!!…Git ‘er Done!!…YeeHaw!!…I Can Hardly Friggin’ Wait!…What’s Another Quadrillion Among Freinds, Huh?!!…Sheesh…Paul)
Sep 26
Venezuelan President Hugo Chavez was to meet Russian counterpart Dmitry Medvedev on Friday after Russia risked Washington’s wrath by offering the fierce US foe help developing nuclear energy.
The two were to meet in the city of Orenburg after [...]