Archive for April, 2010
Tsunami alarm: Tarpley predicts 2nd wave of global crisis emerging from Greece
Posted by seumasach on April 30, 2010
Posted in Battle for Europe, Financial crisis | Leave a Comment »
Down with ‘Too Big to Fail’: Angry Americans march on Wall Street
Posted by seumasach on April 30, 2010
Posted in Financial crisis | Leave a Comment »
Seize and Liquidate Goldman Sachs
Posted by seumasach on April 30, 2010
Webster Tarpley
27th April, 2010
Today’s Senate hearings, carried on CNBC, Bloomberg, and C-SPAN, represent the first major exposure of the American people to the scandalous frauds of the derivatives casino, including synthetic collateralized debt obligations (synthetic CDOs or CDO²). These are things most people have heard very little about. They begin to open up the shocking reality behind such shopworn euphemisms like “toxic assets,” “exotic instruments,” and “troubled assets.” Reactionaries in general and Republicans in particular have done everything possible to hide the role of derivatives, which must be considered the main cause of the financial panic of September 2008 which brought down Lehman Brothers, Merrill Lynch, and AIG, after felling Bear Stearns in March of the same year. The reactionary legend, repeated yesterday on the Senate floor by financier minion GOP Sen. Gregg of New Hampshire, is that the crisis was caused by poor people taking out subprime mortgages and then defaulting, bringing down the entire Anglo-American banking system and triggering the bailouts. Either that, or too much government spending was too blame.
Posted in Financial crisis | Tagged: Goldman Sachs | Leave a Comment »
Bring Down Goldman Sachs and Expose the Financial Coup
Posted by seumasach on April 29, 2010
David DeGraw
28th April, 2010
Not only did Goldman Sachs profit on betting against CDOs they designed to fail; more importantly, they insured them through AIG which led to a $182 billion taxpayer bailout.
Have you heard the news? It’s everywhere! The SEC and Congress have all of a sudden sprung to life and are now “getting tough” on Goldman Sachs. Is this all the first phase of a long-awaited investigation that will reveal the causes of our current economic crisis, or is this just more show trials and psychological operations designed to manipulate public opinion and make the American people feel that our elected officials are finally standing up to their campaign funders on Wall Street?
Posted in Financial crisis | Tagged: financial fraud | Leave a Comment »
ECB warns on sovereign debt crisis
Posted by seumasach on April 28, 2010
28th April, 2010
A top European Central Bank policymaker has intensified warnings of a “full-blown sovereign debt crisis” unless governments take ambitious steps to bring public finances under control, saying the UK, US and Japan faced an even greater challenge than the eurozone.
Posted in Battle for Europe | Leave a Comment »
Dollar surges on Europe downgrades
Posted by seumasach on April 28, 2010
It’s working! What a great idea having your own rating agencies- one minute you can triple AAA rate a junk CDO, the next you can trash competing currencies. You can even maintain UK government bonds at AAA rating! The battle for Europe is heating up- look out for retaliation soon.
28th April, 2010
The dollar surged to a new 11-month peak against a basket of its major counterparts overnight, broadly boosted by mounting sovereign credit concerns in Europe.
Yesterday, Standard & Poor’s ratings agency downgraded Greece’s government debt to junk status amid mounting concerns about its ability to finance its soaring debt.
Posted in Battle for Europe | Tagged: financial fraud | Leave a Comment »
NATO countries begin ‘Brilliant Mariner’ naval exercise
Posted by seumasach on April 28, 2010
15th April, 2010
A large fleet of warships, submarines, frigates and aircraft from 10 NATO countries and one non-NATO member has congregated here to take part in the ‘Brilliant Mariner’ maritime exercise in the Baltic Sea.
Posted in Battle for Europe, Disband NATO! | Leave a Comment »
Volcanic ash not affects NATO operations: chief
Posted by seumasach on April 28, 2010
Posted in "War on Terror" | 1 Comment »
Biologic effects and health hazards of microwave radiation-Warsaw Symposium 1973
Posted by seumasach on April 28, 2010
Posted in Ecological and Public Health Crisis, Studies and statements showing mobile phone health risk | Tagged: Dr Michael Repacholi, EM radiation health hazard | Leave a Comment »
Document: Goldman “shorted” mortgages because world wouldn’t expect it
Posted by seumasach on April 28, 2010
27th April, 2010
Washington – A key Goldman Sachs trading manager indicated in his personnel performance review that he could use the “fear” in the market of a coming collapse in the nation’s mortgage market to make profits for the Wall Street firm, documents released Tuesday show.
Posted in Financial crisis | Tagged: financial fraud, Goldman Sachs | Leave a Comment »
