American taxpayers have been freshly liberated of hundreds of billions more dollars as part of the IMF’s new bailout package which is principally going straight to European banks, in addition to the Federal Reserve program to ship U.S. dollars to Europe, in a move that represents little more... Read more...
As Europe is bailed out to the tune of nearly $1 trillion dollars, Congressman Ron Paul warns that the constant monetization of debt, allied with taxpayer-funded bailouts, will inevitably lead to runaway inflation and the collapse of paper currencies. Under the terms of the Federal Reserve’s ... Read more...
1 comment,
08/05/2010,
by IAmNotARapperiSpit.com in mac,
News,
program,
Stranger than fiction,
World News
The line up goes down the block and around the corner for prosecutions against Goldman Sachs, Sovereign debt looms large, 8 more banks close, scandals in the financial sector continue to erupt everywhere, the public picks up the bills, we face a staggering depression, anger grows against wall stree... Read more...
The Dow plunged Thursday amid buzz in the market that European banks have halted lending. One trader, on the condition of anonymity, said he heard fixed income desks in Europe shut down early because there was no liquidity — basically European banks are halting lending right now. "This i... Read more...
1 comment,
23/04/2010,
by IAmNotARapperiSpit.com in Battles,
Beef,
Bitchassness,
Death,
Do The Knowledge,
Dont Believe The Hype,
HAARP,
Health,
Illuminati,
Jail,
Lawsuits,
mac,
Music,
News,
Politics As Usual,
Press Release,
Propaganda,
Stranger than fiction,
War,
World News
To be an American citizen is very much like being the child of a wealthy and unscrupulous criminal ‘Godfather,’ who appears to be kind and generous to his own children at home, but is unflinchingly treacherous and murderous in conducting his family business, which is based on coercion, dominat... Read more...
The euro has jumped and stock markets have risen on reports that eurozone leaders have agreed the details of a plan to rescue debt-ridden Greece. Leaders had finally agreed an interest rate at which to lend money to Greece, should it be needed, the reports said. As a result, the euro gained mo... Read more...
0 comments,
21/02/2010,
by IAmNotARapperiSpit.com in News,
Politics As Usual,
Propaganda,
Video,
World News
NEW YORK (CNNMoney.com) -- Stocks ended higher Friday, marking the fourth straight day of gains, but investors were cautious buyers at the end of a big week that included the Fed's decision to boost the emergency bank lending rate. The Dow Jones industrial average (INDU) added 9 points, or 0.... Read more...
The Greek parliament has voted to adopt big budget cuts designed to lower the country's high levels of debt. Greece aims to shrink public debt to 9.1% of overall economic output next year, down from 12.7% this year. To do this, it has outlined measures to cut public spending and boost revenue by c... Read more...
The debt-fueled development boom that fueled the Dubai World crisis is creating headaches in Greece, Romania and other small European states as well NEW YORK (Fortune) -- Dubai's not the only onetime highflier that risks drowning in debt. The Middle East city-state's investment arm, Dubai World, i... Read more...