Tag: bankrupt
-
#NewWorldNextWeek: America Bankrupt, Internet ID, Fluoride Victory?
Story #1: Geithner Says US Insolvent // Story #2: White House Calls for ‘Identity Ecosystem’ to Protect Online Users // Story #3: EPA to Reduce Fluoride Levels in Water Due to ‘Unwanted Health Effects’
-
new world next week – dec30
new world next week: episode058 – cyberwar on, banks fail, new year predictions Welcome back one last time in 2010 to New World Next Week – the video series from Corbett Report & Media Monarchy that covers some of the most important developments in alternative news & open-source intelligence. This week: Story #1: 2010 The…
-
econocrash: hindenburg omen & the ecstasy of empire
dreaded ‘hindenburg omen’ will play out within weeks from paul joseph watson: UBS Financial Services Director Art Cashin says that we’ll know within 3 or 4 weeks whether the dreaded Hindenburg Omen, a set of market factors that precede a stock market collapse, will unfold as many are now predicting. The Hindenburg Omen, named after…
-
expect 400k government layoffs at state, local level
from usatoday: Here’s another headwind for a sputtering job market: State and local governments plan many more layoffs to close wide budget gaps. Up to 400,000 workers could lose jobs in the next year as states, counties and cities grapple with lower revenue and less federal funding, says Mark Zandi, chief economist for Moody’s Economy.com.…
-
Econocrash: Fortune, Fail & The Fed + Geopolitiks Update
In an internal e-mail released Saturday, Goldman Sachs chief executive Lloyd Blankfein wrote in November 2007 that the firm “didn’t dodge the mortgage mess,” but “made more than we lost” by betting against the U.S. housing market.
-
Wall Street Despised In Poll Showing Most Want Real Regulation
Most people interviewed in the Bloomberg National Poll say they don’t like Wall Street, banks or insurance companies and favor letting the government punish bankers who helped cause the worst financial crisis since the Great Depression.
-
Econocrash Updates: Fed, Failure, Welfare & the New Ghost Towns
Massive bank failures due, says oversight panel // Obama appoints CFR/Trilateral/Fed operative to debt panel created by another executive order // IBM layoffs blamed on offshoring // American reliance on govt at all-time high // New ghost towns in West Virginia: industrial communities teeter on the edge
-
econocrash updates: fdic, doomsday, farmland & bulldozers
fdic shuts down 4 banks: 20 banks closed in 2010* fdic says list of troubled banks at 16yr peak* citigroup warns customers it may refuse to allow withdrawals* govt watchdog group: ‘doomsday here for illinois’* marc faber: ‘buy farmland & gold’* video: frustrated owner bulldozes home ahead of foreclosure* 2/25 updates: greenspan: financial crisis worse…
-
econocrash updates: debt bombs, occult economy & fraud
20 reasons our debt bomb is ready to go ka-boom* regulators shut down banks in 5 states* internal revenue service acquiring shotguns* allstate to shed agents* toyota probe deepens amid confusion over risk* italians seek wizards’ help during economic crisis: $8.3b spent annually on financial spells & astrology* video: federal reserve gave banks access to…
-
econocrash updates: taxes, axes, boom & busts
oregon voters approve tax hike for corporations & rich familiesfrom nytimes: Amid recession, high unemployment and tight household budgets, voters in Oregon have agreed to raise taxes on people with higher incomes, to pay for public education and social services. One of only five states with no sales tax, Oregon has long kept its corporate…
-
econocrash updates: worst. decade. ever.
last decade was the worst ever in the stock marketfrom wsj: The US stock market is wrapping up what is likely to be its worst decade ever. In nearly 200 years of recorded stock-market history, no calendar decade has seen such a dismal performance as the 2000s. Investors would have been better off investing in…
-
econocrash: goldrush, glitches & the recipe for disaster
obama’s feeble dollar sparks a new goldrush* fed sets attack dogs on ron paul after audit amendment passes*end the fed rallies across america* fury as credit crunch civil servant lands rothschild job*canadian bankruptcies soar 43%* ‘glitch’ could cost a million jobless*student protests continue at california universities* wave of debt payments facing US govt*fed under fire…
-
cnbc: a new global currency & a new world order
the dollar will be ‘utterly destroyed’from blacklisted news: The dollar will “utterly get destroyed” and become “virtually worthless”, said Damon Vickers, chief investment officer of Nine Points Capital Partners. Due to the huge wage disparities between the United States and emerging markets like China, Vickers said that may resolve itself in some type of a…
-
econocrash: the fed, failure & dumping the dollar
rep. ron paul’s bill to audit the fed ‘gutted’ in committee*rep. watt guts bill to audit the fed*ron paul: be prepared for the worst*cit files for chapter 11 bankruptcy protection*9 more US banks fail; $2.5b hit for fdic*govt issues record $87m fine to bp*econ chair at george mason uni: politicians aren’t prostitutes … they’re pimps*…
-
bank failures hit 106 for year; many more are weak
from ap: It’s a big number that only tells part of the story. The number of banks that have failed so far this year topped 100 on Friday — hitting 106 by the end of the day — the most in nearly two decades. But the trouble in the banking system from bad loans and…