Sunday, 5 October 2008

Last Updated: Sunday, October 5, 2008 10:48 GMT
Populists Back Ron Paul’s Plan To Kill the Fed
The trillion-dollar Wall Street bailout plan negotiated by the White House and Congress has reinvigorated the debate about Texas Republican Rep. Ron Paul’s Federal Reserve Board Abolition Act (HR 2755), which was introduced into Congress in June 2007.

 George W. Bush’s Legacy: A $ 10 Trillion National Debt 
 Shock and Awe: Bipartisan Beltway Terrorists Launch Economic 9/11 on the American People 
 The Rebellion That Failed 


US economy bleeding jobs, unemployment at 5-year high
The struggling US economy lost 159,000 jobs in September as the weight of the housing collapse and credit crunch hit a broad swath of industries, government data showed Friday. 

 Lehman Cash Crunch Caused by Lender JPMorgan, Creditors Say 

Bailout Doesn’t Resolve Fears On Economy, Credit
Congress approved a $700 billion bank bailout Friday, but stocks tumbled as investors worried that the plan wouldn’t be enough to stem the credit crisis or keep the US economy from falling into a recession.

 National debt topped $10 trill this week
• There’s No Difference Between Martial Law and the Threat of Martial Law
• You’re Going To Guarantee A Depression: Ron Paul
• Betrayed by the Bailout 
• Job Losses Pushing U.S. Economy Into `Significant’ Recession 
• Bailout bill loops in green tech, IRS snoopingBailout, or Blowout? Financial “Rescue” Plan Turns into Mad Spending Spree
As the United States of America stands on the verge of irrecoverable bankruptcy, U.S. Senators have decided to orchestrate a final “blowout” spending spree by dressing up the financial bailout plan with so much bloated pork that no lawmaker can resist its lure.

• Why Paulson’s Plan is a Fraud
• House starts debate on bailout bill
• September job losses steepest in 5-1/2 years
• BOE May Cut Rate by Most Since 2001, Economists Say

No Joint European Strategy On Banks 
The leaders of Europe’s four largest economic powers vowed Saturday to protect their banks from the continuing reverberations of the increasingly global financial crisis but could not agree on a common Europe-wide strategy.

 Another top European bank falters 
 Gangsters Now Demanding that Europe pay 440 Billion dollars to Bailout Continent