Daily Archives: August 8, 2011
Our Troops do NOT Protect Our Freedom and We Should Stop Thanking Them for Doing So
TvNewsLies.org Let’s make one thing crystal clear, no member of the US military contributes in any way whatsoever to protecting the freedoms of the American people. As a matter of fact, they are more likely to turn their weapons on
London on lockdown and Cameron flies home: Police face gangs armed with petrol bombs and poles on THIRD night of riots and cynical looting
Daily Mail Violence has erupted across London tonight as rioters surrounded police vans, looted lorries and targeted shops in a series of attacks across the capital. The violence began in Hackney when a mob of hooded youths began hurling missiles
U.S. Stocks Plunge; Dow Off 600 Points on S&P Downgrade
Bloomberg Stocks sank, extending the worst U.S. slump since the bear market in 2008, while Treasuries gained and gold reached a record after Standard & Poor’s cut the nation’s credit rating. The Dow Jones Industrial Average lost as much as
BARACKALYPSE NOW: World Financial Markets, Economy on the Brink; Obama Says Good News Is That It’s Solvable; Collapse Chart
SHTFplan.com Greg Hunter of USA Watchdog said it best: Brace for Impact. Today is the day. Watching mainstream media (MSM) this weekend, you would think a one notch downgrade to America’s debt doesn’t really matter. For example, former CNBC anchor Erin
Serious People Are Starting To Realize That We May Be Looking At World War III
Business Insider – Ricky Kreitner The statement released Friday by Standard & Poor’s explaining its downgrade of the United States’ credit rating expressed greater concern about the inability of the American political system to handle troublesome economic realities than it
Economists, Experts: US Is Bankrupt, Second Severe Recession Imminent
“Fiscal rot set in years ago”, Congress and White House are doing nothing to prevent financial armageddon Steve Watson Infowars.com A number of economists, investors and financial experts have weighed in on the US debt crisis today, following Friday’s S&P
AIG Sues Bank Of America For $10 Billion Over ‘Massive Mortgage Fraud’
(Reuters)- The insurer American International Group Inc (AIG:nyse) is suing Bank of America Corp (BAC:nyse) to recover more than $10 billion of losses from a “massive fraud” on mortgage debt, deepening the morass of litigation faced by the largest U.S. bank. AIG,
G7 Preparing Statement To Support Dollar, EU, In Fact Everything That Would Otherwise Collapse Tomorrow, Before Asia Open
Zero Hedge Sunday, August 7, 2011 Just out from Bloomberg: Finance ministers and central bankers are preparing a statement to release before the open of Asian markets, the Nikkei newspaper reported, without citing anyone. Japan may intervene in currency market
Muni Market Prepares For “Hundreds And Hundreds” Of Downgrades Tomorrow
Zero Hedge While the impact on Treasurys as a result of the downgrade may be limited (after all the other side of the Atlantic is about as ugly as the US, so where could $8 trillion in marketable USTs practically
Another Taxpayer Bailout For Fannie Mae
Reuters Editors Note: Most of this is being driven by the continual massive losses from Bank of America. Fannie needs more funds as U.S. struggles with housing The government’s mortgage buyer Fannie Mae on Friday sought a further $5.1 billion
Say What?: No Chance of Default, US Can Print Money: Greenspan
CNBC – By: Patrick Allen Former Federal Reserve Chairman Alan Greenspan on Sunday ruled out the chance of a US default following S&P’s decision to downgrade America’s credit rating. “The United States can pay any debt it has because we
Comex Gold Soars to Record high of $1,697.70 in early Sunday Evening Trade, as Crude Oil, U.S. Stock Indexes Plummet
Kitco News – By Jim Wyckoff The early sentiment from the market place is not good following the late-Friday Standard & Poors downgrade of the U.S. credit rating and the latest pronouncements from European Union officials Sunday, regarding their own
Iran Says U.S. ‘Will Be Taught The Mother of All Lessons’
World Net Daily – By Reza Kahlili Editorial warns of pending cyber attack on electrical grid Iran is planning to retaliate against the United States for the sabotage against its nuclear program, according to an editorial in the Kayhan newspaper,
Breaking: New Anti-Police Riot Tears Through London
AP – My Way News By RAPHAEL G. SATTER LONDON (AP) – New unrest erupted on north London’s streets late Sunday, a day after rioting and looting in a deprived area amid community anger over a fatal police shooting. Police
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