Iran Resolution Shelved in Rare Defeat for AIPAC
by Jim Lobe Antiwar.com
In a significant and highly unusual defeat for the so-called “Israel Lobby,” the Democratic leadership of the House of Representatives has decided to shelve a long-pending, albeit nonbinding, resolution that called for President George W. Bush to launch what critics called a blockade against Iran. Read the rest of this entry »
Iran Resolution Shelved in Rare Defeat for AIPAC
Posted by smeddum on September 27, 2008
Posted in Iran | Tagged: Iran | Leave a Comment »
Rebellious House Republicans want to be part of the bailout debate
Posted by smeddum on September 27, 2008
Rebellious House Republicans want to be part of the bailout debate
They say their proposal has forced the administration and Democratic leaders to consider alternatives to the $700-billion Wall Street rescue plan.
By Jim Puzzanghera and Nicole Gaouette, Los Angeles Times Staff Writers
September 27, 2008
WASHINGTON — On two consecutive mornings this week, top Bush administration officials went to Capitol Hill to sell House Republicans on the $700-billion Wall Street bailout. Each time, they failed to close the deal. Read the rest of this entry »
Posted in Financial crisis | Tagged: bailout | Leave a Comment »
Bailout can’t hide it – the United States is broke
Posted by smeddum on September 27, 2008
Bailout can’t hide it – the United States is broke TheDay
Even leading Republicans in Congress, including presidential nominee Sen. John McCain, recoiled from Treasury Secretary Henry M. Paulson’s proposal to take absolute power over $700 billion to be borrowed by the federal government and used to purchase every sort of bad debt without ever having to answer for it – not to the courts, not to regulatory agencies, and only occasionally and incidentally to Congress itself. Read the rest of this entry »
Posted in Financial crisis | Tagged: bailout, credit quake | Leave a Comment »
China banks told to halt lending to US banks-SCMP
Posted by smeddum on September 27, 2008
China banks told to halt lending to US banks-SCMP Reuters
BEIJING, Sept 25 (Reuters) – Chinese regulators have told domestic banks to stop interbank lending to U.S. financial institutions to prevent possible losses during the financial crisis, the South China Morning Post reported on Thursday. Read the rest of this entry »
Posted in Financial crisis | Tagged: China, liquidity | Leave a Comment »
State reps. flooded with bailout protest call
Posted by smeddum on September 27, 2008
State reps. flooded with bailout protest calls
BY TODD SPANGLER • FREE PRESS WASHINGTON STAFF • SEPTEMBER 26, 2008
Freep
WASHINGTON – Some Michigan representatives in Congress are being swamped with calls and e-mails on the $700 billion bailout proposal being debated on Capitol Hill – with a lot of constituents clearly against taxpayers being on the hook for propping up failing financial institutions. Read the rest of this entry »
Posted in Financial crisis | Tagged: bailout protest | Leave a Comment »
Housing Advocates Call to “Bail Out Main St., Not Wall St.!” at Federal Reserve Protest
Posted by smeddum on September 26, 2008
Housing Advocates Call to “Bail Out Main St., Not Wall St.!” at Federal Reserve Protest
by Jason Pramas (Independent), Sep-26-08 Housing Leather District openmediaboston
BOSTON/Leather District – As an immediate response to the growing financial crisis and the sub-prime mortgage scandal which was its major trigger, 30 people from local housing advocacy organizations and unions gathered in front of the Federal Reserve Bank of Boston on Tuesday to demand a federal bailout for working families instead of financial services companies. The event was organized by the Boston Chapter of the Association of Community Organizations for Community Reform Now and the Massachusetts Alliance Against Predatory Lending. Read the rest of this entry »
Posted in Financial crisis | Tagged: bailout, bailout protest, housing crisis, no bailout, No cash for trash, stop the bailout | Leave a Comment »
Video:No cash for trash
Posted by smeddum on September 26, 2008
More at Godlikeproductions
Posted in Financial crisis | Tagged: bailout protest, economic crash, no bailout, No cash for trash, stop the bailout | Leave a Comment »
Venezuela, Russia to Form Global Energy `Colossus,’ Chavez Says
Posted by seumasach on September 26, 2008
Sept. 26 (Bloomberg) — OAO Gazprom and other Russian energy producers will join with Petroleos de Venezuela SA to work on projects around the world, Venezuelan President Hugo Chavez said.
“It’s a colossus being born, Chavez said live on Venezuelan state television from Russia, which he was visiting for the second time in two months. The companies will combine “investment, exploration, exploitation, processing and commerce in energy, oil, gas and many other areas,he said.
Posted in Multipolar world | Leave a Comment »
The Biggest Swindle Ever Pulled!
Posted by seumasach on September 26, 2008
John Hoefle
Lyndon LaRouche has issued a clear warning to the pack of fools pushing the largest bank bailout in history: Don’t do it, and if you do, don’t expect to get away with it. There will be consequences for such treasonous stupidity, far beyond what you can imagine.
Posted in Financial crisis | Tagged: stop the bailout | Leave a Comment »
Army deploys combat unit in US for possible civil unrest
Posted by alfied on September 26, 2008
By Bill Van Auken
25 September 2008
For the first time ever, the US military is deploying an active duty regular Army combat unit for full-time use inside the United States to deal with emergencies, including potential civil unrest. Read the rest of this entry »
Posted in Uncategorized | Tagged: bailout protest, martial law | Leave a Comment »
Financial Crisis Likely to Further Erode U.S. Influence
Posted by smeddum on September 26, 2008
Financial Crisis Likely to Further Erode U.S. Influence
Analysis by Jim Lobe*
WASHINGTON, Sep 25 (IPS) – While the White House and U.S. lawmakers hash out final terms of a proposed 700-billion-dollar Wall Street bailout, foreign policy analysts are warning that the current financial crisis could very well hasten the decline of U.S. power and influence overseas. Read the rest of this entry »
Posted in Drive to Global War, Financial crisis, Multipolar world | Tagged: Decline of empire, loss of US influence, US hegemony | 1 Comment »
