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Sunday, September 21, 2008

Paulson Bailout Plan a Historic Swindle By William Greider

Paulson Bailout Plan a Historic Swindle
By William Greider

Financial-market wise guys, who had been seized with fear, are suddenly drunk with hope. They are rallying explosively because they think they have successfully stampeded Washington into accepting the Wall Street Journal solution to the crisis: dump it all on the taxpayers. Continue http://www.informationclearinghouse.info/article20823.htm

2 comments:

Michele Kearney said...

Grasping at Straws

By Mike Whitney

If Paulson is not removed and his rescue plan scrapped altogether; the dollar will lose its position as the world's reserve currency and the US government will face a historic funding crisis as foreign sources of capital dry up. That will thrust the country into a hyper-inflationary depression. Continue http://www.informationclearinghouse.info/article20828.htm

Michele Kearney said...

What's Really Bankrupt
The Wall Street Model: Unintelligent Design

By PAM MARTENS

There is no sincere plan by this administration to help America or Americans. There is only a plan to slow the financial collapse until after the November elections by throwing a politically palatable amount of money at it and a plan to continue to blame it on a housing bust. Continue
http://www.informationclearinghouse.info/article20826.htm