Sept. 29 (Bloomberg) — The Federal Reserve will pump an additional $630 billion into the global financial system, flooding banks with cash to alleviate the worst banking crisis since the Great Depression.The Fed increased its existing currency swaps with foreign central banks to $620 billion from $290 billion to make more dollars available worldwide. The [...] continue reading the breaking news
Dienstag, 30. September 2008
Fed Pumps Further $630 Billion Into Financial System
Sept. 29 (Bloomberg) — The Federal Reserve will pump an additional $630 billion into the global financial system, flooding banks with cash to alleviate the worst banking crisis since the Great Depression.The Fed increased its existing currency swaps with foreign central banks to $620 billion from $290 billion to make more dollars available worldwide. The [...] continue reading the breaking news
Controlled Demolition Of The US Dollar And Banking System
Related:- Rep. Michael Burgess: “We Are Under Martial Law”- Rep. Marcy Kaptur warns: There are domestic enemies to the RepublicSource: YouTube continue reading the breaking news
U.S. Stocks Plunge After House Votes Against Bailout Plan
Sept. 29 (Bloomberg) — U.S. stocks plunged and the Standard & Poor’s 500 Index tumbled the most since 1987 after the House of Representatives voted down a $700 billion plan to rescue the financial system.Sovereign Bancorp Inc. tumbled 66 percent and National City Corp. slid 52 percent, leading financial shares in the S&P 500 to [...] continue reading the breaking news
Montag, 29. September 2008
Bailout failure will cause US crash
The bailout has already failed, because it cannot not fail. Now nobody will laugh anymore at Ron Paul who predicted all of this chaos a long time ago.Do you remember this article? Fortis Bank Predicts US Financial Market Meltdown Within Weeks___________________________________________________________________________The US stock market could suffer a devastating crash with shares losing a third of [...] continue reading the breaking news
FDIC Announces Citigroup to Buy Wachovia
Citigroup has agreed to buy Wachovia bank in a deal brokered by the Federal Deposit Insurance Corporation to avoid another major corporate failure in the midst of the ongoing financial crisis.The FDIC announced the deal on its Web site this morning. No price for the transaction was included in the announcement. But the FDIC said [...] continue reading the breaking news
World War III
FIGHTER jets, infantry troops, destroyers and submarines will converge on Wales next month for one of the largest military exercises of all time.The two-week exercise - codenamed Joint Warrior - is designed to recreate a scenario in which Britain and other sovereign nations go to war against a “state-sponsored terrorist movement” - using a vast [...] continue reading the breaking news
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