Thursday, 25 September 2008

The Insanity of the $700 Billion Giveaway
The banksters’ plan now is for icing on the cake – to take Mr. Paulson’s $700 billion and run. It’s not a “bailout of the financial system.” It’s as giveaway – to insiders, to sell out all their bad bets.

• Who Will Show Some Backbone Against the Bailout?
• Refusing Dollar as “World Currency” Inevitable

Banking System Will Need Another $500 Billion: Gross
The banking system needs another $500 billion to survive beyond the $700 billion rescue plan being contemplated by Congress, said Pimco founder Bill Gross.

• Echoes Of Iraq War: White House Claims Bailout Will Pay For Itself 
• China banks told to halt lending to US banks-SCMP


Pictures: “Lego Block” Prison Cells Readied In Utah

Pictures of concrete prison cells being unloaded from wagons in Utah earlier this month have surfaced on the internet, causing a storm of debate over their purpose.