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October 01, 2008 |
Foreign sentiment dims about U.S.
Speigel Online
The banking crisis is upending American dominance of the financial markets and world politics. The industrialized countries are sliding into recession, the era of turbo-capitalism is coming to an end and US military might is ebbing. Still, this is no time to gloat. |
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October 01, 2008 |
Why propping up banks will not rescue a debauched financial system
Telegraph (UK)
At last, there were public figures prepared to reject the political and financial blackmail of a debased White House-Wall Street elite. |
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October 01, 2008 |
Wanna bet that US defaults?
Fortune Magazine
What odds would you lay that Uncle Sam is going to be a deadbeat? |
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September 30, 2008 |
Bank lending seizes up worldwide
Int'l Herald Tribune
The cost of borrowing in dollars surged the most on record Tuesday after the U.S. Congress rejected a $700 billion bank rescue plan, heightening concern more institutions will fail. |
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September 29, 2008 |
Bank bailouts sweep Europe
CNNMoney
European governments had to step in with a flurry of major bank bailouts from Iceland to Germany as fear and turmoil from the U.S. credit crisis spread through the financial system. |
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September 29, 2008 |
FBI hunts American citizens trained overseas for terror
Worldnet Daily
As Pakistani investigators hunt the terrorists behind the massive Marriott Hotel bombing in Islamabad, FBI agents in the U.S. have begun aggressively hunting for Americans who have recently returned from trips to Pakistan where they may have trained at al-Qaida camps, WND has learned. |
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September 27, 2008 |
Even Hank Paulson's bail-out plan cannot detox global banking
Telegraph (UK)
Even if Congress backs the Paulson bail-out, the $700 billion blast cannot save the US, Britain or the world from the deepest economic slump since the Thirties. If Congress balks, God help us. The credit system is suffering a heart attack. Inter-bank lending is paralysed. Funds are accepting zero interest on US Treasury notes for the first time since Pearl Harbour, because no bank account is safe. |
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September 26, 2008 |
US Combat Troops in Iraq repatriated to "help with civil unrest"
Global Research (Ca)
The Army Times reports that the 3rd Infantry’s 1st Brigade Combat Team is returning from Iraq to defend the Homeland, as "an on-call federal response force for natural or manmade emergencies and disasters, including terrorist attacks." |
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September 24, 2008 |
Paulson, Bernanke Put Aiding Banks Ahead of Best Taxpayer Deal
Bloomberg
Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben S. Bernanke signaled that their priority is shoring up the nation's banks even if it means they don't get taxpayers the cheapest prices for the devalued assets the government buys. |
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September 23, 2008 |
CEO murdered by mob of sacked Indian workers
TimesOnline (UK)
Corporate India is in shock after a mob of sacked workers bludgeoned to death the chief executive who had dismissed them from a factory in a suburb of Delhi. |
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