National Voting Updates AllisonKilkenny.wordpress
In 2008 election, Barack Obama, John McCain, Voter Supression, politics, voter disenfranchisement, voter fraud, voter intimidation on November 1, 2008 at 5:00 pm
From MCM
The Danger of Wall Street Blackmailing Us Back Into a Bad Bill
By Ian Welsh Khabrein
The Western media are upping up the volume and markets are rallying (and disregarding market fundamentals) to blackmail congress into voting for the bailout. A battle has been won but the war is not over. There is a danger that we have been lulled into a false sense of security. Protests should continue
What was causing the panicked “must pass bill now” gasps from Senators and the Treasury was not the various bank failures. They have been pretty orderly and no one who failed wasn’t expected to fail. Instead the problem was that banks aren’t lending to each other. This isn’t because they fear that other banks won’t repay if they fail, in every case when a bank has failed, the Fed has made sure that banks with outstanding interbank loans got their money back. So this isn’t a question of systemic risk causing fear. Read the rest of this entry »
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 »