Tuesday, 14 October 2008

Last Updated: Tuesday, October 14, 2008 13:05 GMT
Bailout Like Treating Junkie With Shots Of Heroin 
Investment analyst Puru Saxena told a CNBC audience this morning that the Wall Street bailout was akin to treating a drug addict with shots of heroin, and warned that flooding the financial system with overprinted currency would lead to poverty, raging inflation and eventually a total collapse of the U.S. economy and the dollar.

• The God That Failed
• The Economy: Good News and Bad News
• The Evil of Bailout
• Gold Rebounds on U.S. Fed Decision to Flood System With Dollars
• Former Fed chief says U.S. now in recession
• Cramer: U.K. Bank ‘Socialization’ a ‘Great’ Plan for U.S.
• Inflation soars to 5.2%
• Cost of living ‘has reached peak’
 U.S. to pump $250 billion into banks
 How To Fix Our Depreciating Money
 CNN: Treasury ‘Nationalizing More than Vladimir Putin’
 Dr. Doom: US Bailout Plan Will Probably Fail
 Centralizing Credit in the Hands of the State
 AD: See the Future - Subliminal Messages in Video


Blatant Banker Manipulation Of Gold Prices 
Despite the dramatic fall in gold prices from Friday’s high of around $930 an ounce to today’s current low of $830, sales of actual physical gold continues to trade for anything up to $300 over spot price, proving again that official COMEX gold future numbers are completely divorced from reality and banker manipulation is rife.

• Bullion Shortage and Spot Prices Tell Two Different Gold Stories 
• Why Gold Is Dropping When It Should Be Rising 
• Brown: Use This Crisis To Create New Financial World Order 
• How Central Banks Destabilized the World’s Economies 
• Money Markets Ease on Unlimited Dollars Pledge 
• Rescue for the Few, Debt Slavery for the Many 
• A Wave of Mergers Could Hit Banking Sector 
• Financial crisis: Banks shares plummet after bail-out deal 
• Royal Bank of Scotland under state control 
• Mitsubishi buys stake in Morgan Stanley for $9 bln 
• Oil Can Fall to $50-$60 if Credit Stays Tight


Dollar, Euro, Sterling May Be Destroyed Zimbabwe-Style
Private investment advisor Martin Hennecke warned this morning that the endless printing of money to bail out collapsing banks would lead to hyperinflation and the Zimbabwe-style destruction of the dollar, euro and sterling.