http://www.spiegel.de/int...
Officials with the International Monetary Fund (IMF) have informed Bernanke about a plan that would have been unheard-of in the past: a general examination of the US financial system.
For seven years, US President George W. Bush refused to allow the IMF to conduct its assessment. Even now, he has only given the IMF board his consent under one important condition. The review can begin in Bush’s last year in office, but it may not be completed until he has left the White House. This is bad news for the Fed chairman.
As part of the assessment, the Fed, the Securities and Exchange Commission (SEC), the major investment banks, mortgage banks javascript:void(0)
Publish Postand hedge funds will be asked to hand over confidential documents to the IMF team. They will be required to answer the questions they are asked during interviews. Their databases will be subjected to so-called stress tests — worst-case scenarios designed to simulate the broader effects of failures of other major financial institutions or a continuing decline of the dollar.
Monday, June 30, 2008
IMF to Conduct X-Ray of the Entire U.S. Financial System
Tuesday, May 13, 2008
MP3 | Ron Paul interview KTRH Houston
May 13, 2008 - Thanks to Crickett for this one! (and phantom 2)
Ron Paul interview KTRH Houston (4 min)
FOX&Friends: Ron Paul Supporters Crashing GOP Convention? (4 min)
www.ronpaulaudio.com
Read More...
Monday, May 5, 2008
The Bushs Family Bad Latin American Real Estate Investment
Back in late 2006, it was widely reported in the Latin American media that President Bush, or perhaps his old man, had bought a 100,000-acre farm in a remote area of Paraguay.What struck people at the time was the choice of country. Paraguay, of course, has gained a certain Club Med status among the world’s [...]
Read More...
[Source: War On You
Saturday, April 26, 2008
Machine Gun-Toting Officers To Patrol NYC Subway
NEW YORK (CBS) ? The NYPD is pulling out all the stops to beef up safety of the subways. On Thursday it launched a new anti-terror effort called “Operation Torch,” but the cost of the program is raising some eyebrows.The NYPD’s new firepower consists of cops with Mp5 submachine guns, rifles, body armor [...]
Read More...
[Source: War On You
Wednesday, April 23, 2008
Today's Headlines from the Second Great Depression
Updated daily at Depression2.tv Because the second great depression will not be televised. It will be brought to you live.
NYT Video: Behind Rice Shortage - Australia's Drought
Video: The Fabulous Life of John McCain
Iacocca: This is America, not the damned 'Titanic'
Kunstler: Blind Spot
UPS, FedEx Decline Signals No Imminent Rebound From Recession
Gas Hits $3.50 - Little Sign of Relief in Sight
Wage Erosion Cutting Deeper in US
FT: Road to Ruin. America Ponders the Depths of Downturn
The New Ghost Towns of Minnesota
China Overtakes US as World's Second Biggest Exporter
Can Bernanke Stop the Credit Crunch?
Island Nation of Japan Runs Out of Butter. A Dire Warning for Us All
Business Week: There is No Gas Shortage. But Powerful Interests Want You to Believe There is.
Fannie & Freddie: The Trillion Dollar Ticking Time Bomb
Sunday, March 9, 2008
Barry Goldwater, Jr., on Ron Paul's New Book
From the Amazon page for The Revolution: A Manifesto: "The real truth about Liberty. This book takes a wrecking ball to the political establishment. Senator Goldwater would have loved it -- it's The Conscience of a Conservative for the 21st century." -- Barry Goldwater, Jr., former member of Congress
