Tuesday, 23 September 2008

The Bailout Will Kill the Dollar
What nobody in the corporate media is mentioning amid all the blather about the $700-billion Paulson bailout proposal is the impact it will have on the US dollar.

• Top Economist Mishkin: Worse Than the Depression 
• The Fed is Making a Killing on Banking Crisis

Fed Acted Like a Liquidity Drug Dealer: Economist
The Federal Reserve, which has encouraged excessive borrowing, is to blame for the credit crunch that has gripped world markets for more than a year, Marc Faber, the author of the Gloom Boom & Doom Report, told CNBC on Tuesday.

• Leave No Rapacious Twit Behind: Soft Landing for the Elite, Hard Cheese for Everybody Else
• Eveillard Says Gold May Surge as Investors Seek ‘Insurance’