Monday, 22 September 2008

Financial terrorism: US taxpayers bail out Wall Street criminals
In the weeks surrounding the anniversary of 9/11, the most terrifying attack on America’s soil, another attack on America’s citizenry is taking place: the systematic looting of the US Treasury to bail out American financial institutions.

• Dollar May Get `Crushed’ as Traders Weigh Up Bailout
• 
Brown plans crackdown on world markets
• 
$700 Billion Bailout Could Fund Private Foreign Banks
• ‘Fairy godmother’ taxpayer faces funding £200bn British bail-out for greedy bankers
• 
Why Bailouts Won’t Keep the System From Freezing Up
• A Bailout to Nowhere
• ‘Credit Crunch Same As Terrorism’
• Fury at U.S. Lehman Brothers’ staff who could net £1.4bn in bonuses
• ‘Brown will bankrupt Britain’ 


The Market is Now Pricing In the Genuine Possibility that the US will Default on Its Debt 
You’ve heard of “credit default swaps”. They are a type of derivative where one person places a bet that a certain company will go out of business, and another person on the other side of the contract places a bet that the company won’t go out of business…


• Almost Armageddon: Markets Were 500 Trades From Meltdown 
• We Have DAYS To Stop the $700 Billion Stick-Up (and Fascist Power Grab) 
• U.S. Taxpayers Are Paying to Bail Out FOREIGN Speculators