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Archive for the 'the old new Depression' Category

U.S. Dollar, U.S. economy, living on borrowed time. We’ve been in Boom times all right, KABOOM times. Fake profits, we bail them out with real $$

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J.P. Morgan To Up India IT Outsourcing By 25%

Remember a couple of decades ago, when they told us if we all re-trained for IT jobs, we’d always have work? [insert ironic laugh here...] And just to add insult to injury, exactly how much of our bailout money are they using to make our jobs go [...]

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Spend Billions of U.S. Dollars in Iraq? Neocons demand it !!
Spend Billions of U.S. Dollars in the U.S.? Neocons vote against it !!
Why do neocons love Iraq and hate the U.S. ??

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fraud by the banks: mass transfer back to the banking sector

Read all about the fun of the HIdden Hand Agenda hot off the presses…

http://breakfornews.com/forum/viewtopic.php?p=54544#54544
This guy Reinhardt was selling private membership to his info at
$750 a pop, according to the YouTube blogger.
He seems to have been getting people to pay for synthetic CDO
meltdown info that is already in the public domain, by wrapping it in
a [...]

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Obama’s Crusade to Save the Banksters

http://www.blackagendareport.com
Obama’s Crusade to Save the Banksters

Wednesday, 04 February 2009

by BAR executive editor Glen Ford

Much of Black America has been politically neutered, incapable of even imagining a situation in which they would make demands of Barack Obama - “whom many believe is literally a God-send.” In any case, the president’s attentions are focused [...]

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How to Stimulate the Economy….


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The South Vs. Obama

Phil Sandlin / AP Photo

The votes against Obama’s stimulus package came from a Southern confederacy of Republicans and conservative Democrats. Their message to America? Drop dead.
On Wednesday, January 28, 2009, President Barack Obama’s $819 billion stimulus plan passed the House of Representatives, despite the solid opposition of the Confederates.
By the Confederates I mean the Republican [...]

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India’s Economy Standing Firm Amid the Growing Global Financial Crisis

Note: This is the eleventh installment of our “Outlook 2009″ series, which looks at the global investing outlook for the New Year.]
By Mike Caggeso
Associate Editor
Money Morning
In a surprise to many, India’s central bank has cut its base-lending rate four times since October, going from 9% to its current rate of 5.5%. After all, isn’t India’s [...]

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The Hidden Hand in Financial Crisis…

Tax Havens: The Hidden Hand in the Financial Crisis
By Lagan Sebert on Jan 07, 2009
The financial crisis seems as if it emerged from nowhere and struck as hard and fast as lightning. How did so many financial institutions crumble with so little warning? There are many reasons, but one that has not been given [...]

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Similar Headlines from the 1929 Depression…

The Great Depression 1929-1932 Headlines; Interest Only Mortgages
by Kevin DeMeritt, Sep 15, 2005
(Posted here by Wes Penre, Sep 19, 2005)

I have attached the 1929 through 1932 headlines from the papers during the great depression, the similarities to the events going on today are  astonishing. Interest only [...]

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