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DOW dropped 337 pts. within the first 30 minutes of open. Now recovering to -291 pts. Market is panicky today. PPT must be shovelling like crazy this morning.


Britain is deep in this as US and the mayor of London said something to effect that finance is the only industry that is competitive for the nation.
It takes up 9% of Britain's GDP.
The size of the European bailout is tiny compared to US.


"The bail-out is bullshit - you broke it - you bought it"


Demonstration not covered by our media. We have no voice in our government and the zionist controlled media hides the truth to keep it that way.

Why is there no talk about reducing, or eliminating most of our military spending? Why are there no indictments being issued at the highest levels?

Forget worrying about the coming fascism; it's here and will only become more oppressive.


Elaine, This gold bug ( http://www.321gold.com/editorials/moriarty/moriarty092308.html ) claims there will be a run on the US greenback and a total collapse of the banking system. He must have been reading your reporting here at Culture of Life News! But I don't trust his recommendation to buy gold stocks and silver stocks. How will the mining firms get the stuff out of the ground if they can't get credit to fund their operations?


Gold Bug's srticle, link broken up:




The link is on Britain nationalising its 2nd largest lender B&B
If US dollar goes down the entire world will be hurt, as all trade US for oil, and the cascade effect will flow on to other currencies as well


DrKrbyLuv, the (Jewish & "Christian") Zionist controlled media is merely a vehicle for advertising! And to attract and air enough ads to keep themselves solvent, they have to keep the news of the day as minimal and sensational as possible! In their dream world (our nightmare) they could air nothing but commercials.


One of our few patriotic politicians



the MAO! haha, that is brilliant, can't have a few irresponsible governments debase their own currency now can we?
The real Mao is laughing in his mausoleum
This comment made my day

Bear of Little Brain

Good Grief, Adolph sounds quite sane.

Ed-M: you have a very good point on gold/silver miners. A few years ago when I started 'speculating', I followed a couple of gold mining stocks. One (Bema?) raised funding via - dah, dah - a Rothschild bank and were subsequently taken over (by Placer?). Anyway, my point is that, IMO, if they had not got into bed with Rothschild they would have remained independent - and they looked as if they had really good potential. Without going into details, that market, I think, is seriously rigged, so I mostly stick with the bullion at present. No doubt, when da boyz have set themselves up for it, miners will take off, but in the meantime may be taken down with the general market. No, I have no special insight; just my take on it.

Bear of Little Brain

My sentiment, precisely: (image)

Paul S

Was just listening to CSPAN. Senator Lamar Alexander was bloviating. The good Senator said--more than once--"Next week we can fix the blame." Oh yes. And OJ is fervently looking for the real killers of Ron and Nicole. Everyone with an IQ over 25 knows that doing so is like closing the barn door after all the animals have escaped. This is so sleazy. We are supposed to believe "Dubaya" that this bailout is vital even though Bush has lied about everything else such as Iraq. Like Warren Buffett said: 'There was a class war and WE won'. You have for now, Mr. Buffett--but time will tell. I don't really blame Bernanke and Paulson for doing what they have done; they are thieves, what do you expect? Our financial media should be ashamed, We have a Congress that knows no shame. Tragic.


Sorry to bother you all with my things. But I read something disturbing today of the crisis in my country which seems to apply here.
The markets and banks trouble started in 1990, housing market hit bottom four years later in 1994. The banking crisis was over by 1994 too.
But the disturbing fact is that the government deficit was at it´s highest in 1995. It took a long time before the gov started to cut spending.
This timeline would mean that US debt would be at its highest in 2012.
Government moves slowly to cut spending.
Sorry to always write about my country but it´s the best perspective I have.
And by the way our TARP bank filed for banktrupcy in 2003 (nobody noticed that anymore).


A picture can be priceless:


Elaine Note: Are we allowed to post pics like this on the blog, if so how?


Some details from the Wachovia deal - acquiring$12B in preferred stock! (FDIC web site):

Citigroup Inc. will acquire the bulk of Wachovia's assets and liabilities, including five depository institutions and assume senior and subordinated debt of Wachovia Corp. Wachovia Corporation will continue to own AG Edwards and Evergreen. The FDIC has entered into a loss sharing arrangement on a pre-identified pool of loans. Under the agreement, Citigroup Inc. will absorb up to $42 billion of losses on a $312 billion pool of loans. The FDIC will absorb losses beyond that. Citigroup has granted the FDIC $12 billion in preferred stock and warrants to compensate the FDIC for bearing this risk.

In consultation with the President, the Secretary of the Treasury on the recommendation of the Federal Reserve and FDIC determined that open bank assistance was necessary to avoid serious adverse effects on economic conditions and financial stability.


The Dark Bail Out

Sound's like this guy has a "real" plan...

Bear of Little Brain

Hey, Doc,
SNAP! I posted that first!

Bear of Little Brain

Carli: Oops, didn't Elaine put that vid in a couple of days ago? Pay attention at the back! ;-)


Hey bear! Great minds think alike, funny pic...but I thought I was first.


Hey, I guess that check from the Treasury cleared, and the Fed is spending those freshly printed dollars! Fed Pumps Further $630 Billion Into Financial System

`Today's blast of term liquidity will settle the funding markets down, and allow trust to slowly be restored between borrowers and lenders,'' said Chris Rupkey, chief financial economist at Bank of Tokyo-Mitsubishi UFJ Ltd. in New York. On the other hand, ``the Fed's balance sheet is about to explode.''

Elaine Meinel Supkis

Rob, I had a lot to say about that news. I was waiting for it to hit the press finally. I knew it was going to happen last Friday since Bernanke and Frank talked about this little sum of money.


Elaine, yes, the central bankers are effecting political coup by nationalizing banking.

These political coups fulfill the bible prophecy of the 'First Horseman of the Apocalypse'. The horse is white signifying conquest over mankind, and the fact the rider has a bow with no arrows, foretells a bloodless political coup.

The Scripture reference is Revelation 6:1-2 where the NIV relates: "I watched as the Lamb opened the first of the seven seals. Then I heard one of the four living creatures say in a voice like thunder, "Come!" I looked, and there before me was a white horse! Its rider held a bow, and he was given a crown, and he rode out as a conqueror bent on conquest".

The link shows one artist's rendition of the four horsemen of the apocalypse.

Arlen L Chitwood relate the Greek word "crown" here is "stephanos" or "conqueror's crown".

Economic and political conquerors will arise to establish ten regional oligarchies of state corporate rule; as well as four rival world powers, consisting of the North being Russia, the East being China and Japan, the South being South America and Africa, and the West being the United States, Great Britain, and Europe.

The leaders will continue to announce Security and Prosperity Framework Agreements, such as the Federal Reserve's TAF, TSLF, and PDCF, and also the Security and Prosperity Partnership of North America, the SPP, which replace traditional and constitutional law.

Stakeholders, such as the North American Competitiveness Council, that is the NACC, will oversee natural resources, the factors of production and manage the economic institutions of finance, commerce, trade and investment.

Societies will be pyramidal in shape.

Eventually The Sovereign, a global king, the Antichrist, will rise to rule over mankind

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