Archive for the 'Economy' Category
Fed Prepared to Buy Treasuries
January 29th, 2009Via: MarketWatch: Pulling out all the stops to try to break the downward spiral of the economy, the Federal Reserve on Wednesday said it would continue to flood the financial system with money and moved a step closer to purchasing longer-term Treasury securities. The Federal Open Market Committee kept its interest rate target in a […]
A Quiet Windfall for U.S. Banks: With Attention on Bailout Debate, Treasury Made Change to Tax Policy
January 29th, 2009This is a good one. Well, not really good. More like Must Read. It’s from November 2008. Open a window, though. You’ll want to get a breeze going in your room because the sweet musk of evil could become overpowering otherwise. Full text. Via: Washington Post: The financial world was fixated on Capitol Hill as […]
The Next Iceland
January 29th, 2009Britain, Latvia, Greece, Ukraine and Nicaragua. Via: Foreign Policy: FP looks at five countries on the verge of following Iceland to economic ruin and political meltdown. Research Credit: Lagavulin
Amero Could Result from Crisis: ‘The New World Order Is Upon Us’
January 29th, 2009I don’t know about you, but when I see the phrase, “New World Order” bandied about on the mainstream sites like it’s a new flavor of TicTac, I have to wonder if people know what this actually means. The New World Order used to be something that people like me would read about in books […]
Warning Over Collapse in Capital Flows
January 28th, 2009Via: Telegraph: The Institute of International Finance, the global organisation of major banks, predicted an almost unprecedented collapse in world economic growth and capital flows. It became the first major global institution to forecast a full-scale global contraction in 2009, predicting that the economy would shrink by 1.1pc. IIF chief economist Philip Suttle said: “This […]
Tax Refunds Now on Hold in California
January 28th, 2009Via: ABC News: ABC News has learned that tax refunds are now on hold in California for the first time in state history, according to the state controller’s office. “Unfortunately, we have asked the California Franchise Tax Board not to send over tax refund claims beginning today because we will not be able to process […]
H. R. 645: To Direct the Secretary of Homeland Security to Establish National Emergency Centers on Military Installations
January 28th, 2009Tens of millions of Americans have been emptying gun stores of weapons of every description and ammunition for months. I have no idea what PSYOP is planned to get the thought criminals to go quietly, but it’s probably going to be a doozy. There are lots of flim flam Obama-Will-Save-Us zombies out there who will […]
UN Crime Chief Says Drug Money Flowed Into Banks
January 27th, 2009Where has all the opium related money been going since the War on Terror went to Afghanistan? Is that money about to buy U.S. Treasuries in heretofore unthinkable quantities? —Who Is Going to Lend the U.S. $2 Trillion? I am Jack’s complete lack of surprise. Via: Reuters: The United Nations’ crime and drug watchdog has […]
Halliburton to Pay $559 Million to Settle Bribery Probe
January 27th, 2009Via: Reuters: Halliburton Co will pay a $559 million fine to end an investigation of its former KBR Inc unit if the U.S. government approves the settlement, the largest penalty against a U.S. company for charges of bribery under federal law. Halliburton, once headed by former Vice President Dick Cheney, said it was awaiting final […]
Man Freezes to Death After City Limits Electricity
January 27th, 2009Via: AP: A 93-year-old man froze to death inside his home just days after the municipal power company restricted his use of electricity because of unpaid bills, officials said. Marvin E. Schur died “a slow, painful death,” said Kanu Virani, Oakland County’s deputy chief medical examiner, who performed the autopsy. Neighbors discovered Schur’s body on […]
