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A new paradigm for a post-imperial world

Archive for the ‘Uncategorized’ Category

US dollar falls vs euro as bailout bill approved

Posted by smeddum on October 3, 2008

FOREX-US dollar falls vs euro as bailout bill approved
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NEW YORK, Oct 3 (Reuters) – The U.S. dollar fell versus the euro on Friday after the U.S. House of Representatives passed a bill to help the U.S. financial system. Read the rest of this entry »

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No Bailout ! “They Will Kill You !

Posted by seumasach on October 3, 2008

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Video: Homer Simpson voting for Obama

Posted by smeddum on October 3, 2008

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Medvedev says US era over

Posted by smeddum on October 3, 2008

Medvedev says US era over
Lyubov Pronina and Lucian Kim BusinessDay

Bloomberg
ST PETERSBURG — Russian President Dmitry Medvedev said yesterday the global financial crisis showed that the time when “one economy, one currency” dominated the world economy was over. Read the rest of this entry »

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Spinning the post-debate spin

Posted by smeddum on October 3, 2008

Spinning the post-debate spin
Political operatives and surrogates are only too happy to offer their views on the Palin-Biden vice presidential debate.
By Robin Abcarian, Los Angeles Times Staff Writer
October 3, 2008
ST. LOUIS — Imagine a school of ravenous guppies swimming around looking for food. Suddenly, someone tosses a handful of crumbs into the water. The guppies go crazy! They flit here, they flit there, they swirl around in chaotic guppy mobs, inhaling each crumb before moving on to the next. Read the rest of this entry »

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UK savers start the rush to Irish banks

Posted by alfied on October 2, 2008

By Lorna Bourke |

Citywire

The move by the Irish government to guarantee all retail deposits in major Irish banks is likely to precipitate a flood of money leaving UK bank accounts – as well as bank accounts elsewhere within the EU – as savers rush to protect their cash deposits Read the rest of this entry »

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Under-fire Sir Ian Blair quits as head of Scotland Yard

Posted by smeddum on October 2, 2008

Under-fire Sir Ian Blair quits as head of Scotland Yard
By LIZ HAZELTON and STEPHEN WRIGHT
2nd October 2008 Daily Mail

A statement about Sir Ian Blair’s future is expected this afternoon

Met chief Sir Ian Blair today quit as head of the Metropolitan Police. Read the rest of this entry »

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Not One Dime!

Posted by smeddum on October 2, 2008

Not One Dime!

By Mike Whitney

01/10/08 – “ICH” – — The mystery has been solved.

For nearly a year, we have been asking ourselves why the investors and foreign banks that bought up hundreds of billions of dollars of worthless mortgage-backed securities (MBS) from US investment banks have not taken legal action against these same banks or initiated a boycott of US financial products to prevent more people from getting ripped off? Read the rest of this entry »

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Senate Roll Call on Financial Bailout

Posted by smeddum on October 2, 2008

Senate Roll Call on Financial Bailout
AOL
posted: 3 HOURS 36 MINUTES AGOcomments: 429PrintShareText SizeAAA
(Oct. 1) – The 74-25 roll call by which the Senate approved a $700 billion rescue package for Wall Street aimed at preventing a credit crisis.
On this vote, a “yes” vote was a vote to approve the package and a “no” vote was a vote against it.
Voting “yes” were 39 Democrats, 34 Republicans and 1 independent.
Voting “no” were 9 Democrats, 15 Republicans and 1 independent.
Read the rest of this entry »

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Senate bailout vote pressures House

Posted by smeddum on October 2, 2008

Senate bailout vote pressures House The Swamp Posted October 1, 2008 9:20 PM
by Mark Silva

So it is the Senate that goes first with the bailout — some call it rescue — of the nation’s bad-mortgage-clogged banking institutions, with a vote tonight of 74-25. Read the rest of this entry »

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Humour/Pathos: The end of the American era

Posted by smeddum on October 1, 2008

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