Be Prepared for the Worst Death of 'Soul of Capitalism': Bogle, Faber, Moore Kucinich: Health Reform Legislation ‘a Bailout for Insurance Companies’ Life & Debt How Goldman secretly bet on the U.S. housing crash: In 2006 and 2007, Goldman Sachs Group peddled more than $40 billion in securities backed by at least 200,000 risky home mortgages, but never told the buyers it was secretly betting that a sharp drop in U.S. housing prices would send the value of those securities plummeting. Goldman takes on new role: taking away people's homes: Unable to identify a lender, the couple could neither capitalize on a mortgage hardship provision that would allow them to defer some payments, nor on a state law enabling them to offset their debt against separate, investment-related claims against Goldman How States Can Finance Their Own Recovery: Pouring money into the private banking system has only fixed the economy for bankers and the wealthy; it has not done much to address either the fundamental problem of unemployment or the debt trap so many Americans find themselves in.
The large-scale government intervention in the economy is going to end badly.
By Ron Paul,
A false recovery is under way. Continue
20 reasons America has lost its soul and collapse is inevitable
By Paul B. Farrell
Jack Bogle published "The Battle for the Soul of Capitalism" four years ago. The battle's over. The sequel should be titled: "Capitalism Died a Lost Soul." Worse, we've lost "America's Soul." And, worldwide, the consequences will be catastrophic. Continue
By Stephen C. Webster
According to Congressman Dennis Kucinich (D-OH), the Democrats' health reform legislation is basically a sham. Continue
Video Documentary
If you have ever wondered what the IMF and the New world Order can do to a third world country, this one is for you. Click to view
Tuesday, 3 November 2009
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