In These New Times

A new paradigm for a post-imperial world

Posts Tagged ‘bailout’

Sounds like Inside Trading to me: Rep Kaptur

Posted by smeddum on September 29, 2008

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Kucinich says bailout doesn’t have the votes

Posted by smeddum on September 29, 2008

Kucinich says bailout doesn’t have the votes
RAW STORY
Published: Sunday September 28, 2008

As the Wall Street bailout talks continue, a critical Congressman Dennis Kucinich (D-OH) is not confident that House will pass the legislation, as he told The Hill. “If the votes were there, this would be on the floor,” he said. “The votes aren’t there.” Read the rest of this entry »

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Canada’s Harper Joins G-7 Chorus, Pins Crisis on U.S.

Posted by smeddum on September 28, 2008

Canada’s Harper Joins G-7 Chorus, Pins Crisis on U.S.
By Theophilos Argitis

Sept. 28 (Bloomberg) — Canadian Prime Minister Stephen Harper said U.S. policies helped create the crisis in financial markets, adding to criticism from other Group of Seven leaders and saying there’s little his government can do to help. Read the rest of this entry »

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Video: In depth look at Paulson plan

Posted by smeddum on September 28, 2008

If unavailable click here http://www.youtube.com/watch?v=nkT6FR6IJZM

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Rick Santelli tells it on bailout urgency

Posted by smeddum on September 28, 2008

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Video: Cash for trash and the multi-polar world, Pepe Escobar

Posted by smeddum on September 28, 2008

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A shattering moment in America’s fall from power

Posted by smeddum on September 28, 2008

A shattering moment in America’s fall from power
The global financial crisis will see the US falter in the same way the Soviet Union did when the Berlin Wall came down. The era of American dominance is over

John Gray Guardian

Our gaze might be on the markets melting down, but the upheaval we are experiencing is more than a financial crisis, however large. Here is a historic geopolitical shift, in which the balance of power in the world is being altered irrevocably. The era of American global leadership, reaching back to the Second World War, is over. Read the rest of this entry »

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Video: Jail not Bailout for billionaire bankers

Posted by smeddum on September 28, 2008

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Interesting Reactions Worldwide – What Years of Neglect and Lack Of National Policy Is Creating

Posted by smeddum on September 28, 2008

Interesting Reactions Worldwide – What Years of Neglect and Lack Of National Policy Is Creating
By: TraderMark Saturday, September 27, 2008 2:12 PM istockanalyst

Remember, we’ve been talking about the Post-American era that is coming soon, where there is not 1 superpower (Aug 19: Coming Soon: A Post American World), but due to its self inflicted wounds and gluttony, the “Rise of the Rest” (Fareed Zakaria) will occur (if you are new to the blog I’d highly recommend reading this post from May) Remember, we are shouted at daily (“We’re #1”) that the US led the world into this mess, and we’ll lead them out. I believe differently. This is such a deep rooted mess, the rest of the world will lead us out, not vice versa. We’ll know in a few years but I wrote often in fall 2007 that we have a very inward looking (“if it doesn’t happen in America, it doesn’t matter”) arrogance about us. So of course WE will lead the rest of the world out of this mess… no one else is strong enough. This is a global world, with competitors running at us hard and fast – the quicker we get out of our inward gaze and realize this – the better. Perhaps being taken down a few rungs will help us on that path… I hope so. But we’ll see. We have very short memories. Read the rest of this entry »

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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 »

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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 »

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