How the Masters of the Universe Ran Amok and Cost us the Earth

By Bill Jamieson
SLAM. Slam. Slam. Slam. Like a scene from a gathering of Mafia dons, the doors of 30 black Lincolns slammed shut as their besuited occupants stepped out into a Manhattan downpour – and into a global financial storm.That storm broke yesterday, with stock markets tumbling around the world. In London, the FTSE 100 plunged almost 4 per cent to 5204.2. - In the US, the Dow Jones industrial average suffered its biggest fall since 9/11.
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Bank of America, Merrill Bailout Disguised as Buyout?

By: Mike Stathis
It appears as if we are witnessing government bailouts using taxpayer money that are being deceitfully disguised as buyouts. Not just with the Merrill buyout but also this newly established $70 billion emergency bank fund, set aside to help out banks with future problems. Where do you think this money is coming from?
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US Economy: Rudderless and Reeling From Direct Hits

A raid on private pensions?

By Paul Craig Roberts
Most Americans, including the presidential candidates and the media, are unaware that the US government today, now at this minute, is unable to finance its day to operations and must rely on foreigners to purchase its bonds. The government pays the interest to foreigners by selling more bonds, and when the bonds come due, the government redeems the bonds by selling new bonds. The day the foreigners do not buy is the day the American people and their government are brought to reality.
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The Pentagon Strangles Our Economy:
Why the U.S. Has Gone Broke

By Chalmers Johnson
The neoconservatives in the White House and the Pentagon outsmarted themselves. They failed even to address the problem of how to finance their schemes of imperialist wars and global domination.
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