Federal bank insurance fund dwindling
By MARCY GORDON, AP Business Writer
Banks are not the only ones struggling in the growing financial crisis. The fund established to insure their deposits is also feeling the pinch, and the taxpayer may be the lender of last resort. The Federal Deposit Insurance Corp., whose insurance fund has slipped below the minimum target level set by Congress, could be forced to tap tax dollars through a Treasury Department loan if Washington Mutual Inc., the nation's largest thrift, or another struggling rival fails, economists and industry analysts said Tuesday.
http://tinyurl.com/6dwj83
Morgan Stanley in talks with Wachovia
By Francesco Guerrera, Julie MacIntosh, Henny Sender and Saskia Scholtes in New York, and Jamil Anderlini in Beijing
Morgan Stanley is in preliminary merger talks with Wachovia, the troubled regional lender, and exploring other potential deals in an effort to avoid becoming the next victim of the credit crunch. The bank is also in close contact with a leading shareholder, China Investment Corporation, which owns a 9.9 per cent stake.
http://tinyurl.com/43wg3n
Tumultuous U.S. Economy Begins to Affect Major League Sports
AP
http://tinyurl.com/5vox2j
CNBC Analysts: Wall Street Bailouts Mean 'Socialism,' 'Communists'
'Mad Money' host Cramer says government has engaged in Marxist philosophies after AIG bailout.
By Jeff Poor/Business & Media Institute
Cramer and Haines weren’t the first to link government bailouts to communism. In a September 8 interview on CNBC Europe, Rogers Holdings CEO Jim Rogers said America is "more communist than China right now."
http://tinyurl.com/3m2rgb
America will need a $1,000bn bail-out
By Kenneth Rogoff/Financial Times
One of the most extraordinary features of the past month is the extent to which the dollar has remained immune to a once-in-a-lifetime financial crisis. If the US were an emerging market country, its exchange rate would be plummeting and interest rates on government debt would be soaring. Instead, the dollar has actually strengthened modestly, while interest rates on three- month US Treasury Bills have now reached 64-year lows. It is almost as if the more the US messes up, the more the world loves it.
http://tinyurl.com/5ys8zl
New bailout planned
Government program could take hundreds of billions of dollars worth of bad debt off Wall Street's books.
By Jeanne Sahadi, CNNMoney.com senior writer
http://tinyurl.com/4upqry
Friday, September 19, 2008
Wednesday, September 17, 2008
CONSTITUTION DAY? WHAT'S THAT?
Celebrate Constitution Week and Get Your Real ID Card Today
Those who refuse, will not be able to travel, get healthcare, bank, buy or sell
By Jim Palmer/North Carolinians Against The Real ID
www.ncard.info
Let your voice be heard before it is too late. Remember not so long ago in our world’s history a certain monster in Germany required a special ID under the guise of stopping terrorists and we know how that turned out.
http://tinyurl.com/3mghup
A SALUTE TO OUR U.S. CONSTITUTION
By Chuck Baldwin/NewsWithViews.com
Under divine Providence, it has been allegiance to the Constitution that has preserved our liberties and protected our very way of life. Most of the problems, failings, and frustrations that plague our nation today are due to the propensity of our civil magistrates to ignore or blatantly abuse constitutional government. Accordingly, fidelity to the Constitution would likely repair most of the damage done by this neglect.
http://tinyurl.com/4nmu9p
Mark your calendars: It's Constitution Day!
Roy Moore
Perhaps the omission of a day to celebrate our Constitution is symbolic of a general disregard for that document every official – whether state or federal, executive, legislative or judicial – is sworn to uphold.
http://tinyurl.com/4u6p88
Those who refuse, will not be able to travel, get healthcare, bank, buy or sell
By Jim Palmer/North Carolinians Against The Real ID
www.ncard.info
Let your voice be heard before it is too late. Remember not so long ago in our world’s history a certain monster in Germany required a special ID under the guise of stopping terrorists and we know how that turned out.
http://tinyurl.com/3mghup
A SALUTE TO OUR U.S. CONSTITUTION
By Chuck Baldwin/NewsWithViews.com
Under divine Providence, it has been allegiance to the Constitution that has preserved our liberties and protected our very way of life. Most of the problems, failings, and frustrations that plague our nation today are due to the propensity of our civil magistrates to ignore or blatantly abuse constitutional government. Accordingly, fidelity to the Constitution would likely repair most of the damage done by this neglect.
http://tinyurl.com/4nmu9p
Mark your calendars: It's Constitution Day!
Roy Moore
Perhaps the omission of a day to celebrate our Constitution is symbolic of a general disregard for that document every official – whether state or federal, executive, legislative or judicial – is sworn to uphold.
http://tinyurl.com/4u6p88
Monday, September 15, 2008
MONEY NEWS 09/15/08
Let the bank runs begin!
By Patrick Wood, Editor
The immediate aftermath of the Lehman Brothers bankruptcy will be a massive and manic flight to liquidity and withdrawal of funds and credit from banks, S&L's, insurance companies and brokerages, leading to more failures. Nothing can stop it at this point.
http://tinyurl.com/66taty
Financial Crisis in America Threatens Israel's Stability
by Hana Levi Julian/IsraelNationalNews.com
All told, Lehman Brothers Inc. has invested more than NIS 850 million in Israeli institutions.
http://tinyurl.com/5puokp
Will government bailouts spell end of dollar?
Craig R. Smith/© 2008 WorldNetDaily
In short, we have fattened our hearts in the day of slaughter and now is the time to acknowledge and accept that each of us is solely responsible for our own future. Not the government. The time of discussing the problems has come and gone. Now is the time to devise a plan and put it into action.
http://tinyurl.com/577qgk
Fannie/Freddie Bailout Baloney
by Gerald P. O'Driscoll Jr.
The politicians created the mortgage giants, which then returned some of the profits to the pols - sometimes directly, as campaign funds; sometimes as "contributions" to favored constituents.
http://tinyurl.com/6evr4v
THE FINAL DESTRUCTION OF THE MIDDLE CLASS
By Joan Veon/NewsWithViews.com
Americans are confronted with what appears to be the worse economic situation since the Great Depression. What will history say about the U.S. credit crisis turned global financial crisis? At every turn investors are faced with new problems, new crises, and less than desirable solutions which include debt, deflation and a transfer of wealth.
http://tinyurl.com/5my5wg
By Patrick Wood, Editor
The immediate aftermath of the Lehman Brothers bankruptcy will be a massive and manic flight to liquidity and withdrawal of funds and credit from banks, S&L's, insurance companies and brokerages, leading to more failures. Nothing can stop it at this point.
http://tinyurl.com/66taty
Financial Crisis in America Threatens Israel's Stability
by Hana Levi Julian/IsraelNationalNews.com
All told, Lehman Brothers Inc. has invested more than NIS 850 million in Israeli institutions.
http://tinyurl.com/5puokp
Will government bailouts spell end of dollar?
Craig R. Smith/© 2008 WorldNetDaily
In short, we have fattened our hearts in the day of slaughter and now is the time to acknowledge and accept that each of us is solely responsible for our own future. Not the government. The time of discussing the problems has come and gone. Now is the time to devise a plan and put it into action.
http://tinyurl.com/577qgk
Fannie/Freddie Bailout Baloney
by Gerald P. O'Driscoll Jr.
The politicians created the mortgage giants, which then returned some of the profits to the pols - sometimes directly, as campaign funds; sometimes as "contributions" to favored constituents.
http://tinyurl.com/6evr4v
THE FINAL DESTRUCTION OF THE MIDDLE CLASS
By Joan Veon/NewsWithViews.com
Americans are confronted with what appears to be the worse economic situation since the Great Depression. What will history say about the U.S. credit crisis turned global financial crisis? At every turn investors are faced with new problems, new crises, and less than desirable solutions which include debt, deflation and a transfer of wealth.
http://tinyurl.com/5my5wg
Blogs4Borders! 090808
Our weekly vlog -- podcast on illegal immigration and border security. in this weeks edition...
Election 2008: What is SarahPalin's position on illegal immigration, amnesty and border security and does it matter?
Thank you! We take a moment to thank you who are working so hard for this nation.
100% Preventable! Americans continue to pay the bloody price for open borders, when will the madness end?
Download for your Ipod here.
If you'd like to sponsor a show contact us here.
This has been the Blogs For Borders Video Blogburst. The Blogs For Borders Blogroll is dedicated to American sovereignty, border security and a sane immigration policy. If you’d like to join find out how right here.
Election 2008: What is SarahPalin's position on illegal immigration, amnesty and border security and does it matter?
Thank you! We take a moment to thank you who are working so hard for this nation.
100% Preventable! Americans continue to pay the bloody price for open borders, when will the madness end?
Download for your Ipod here.
Click on image
If you'd like to sponsor a show contact us here.
This has been the Blogs For Borders Video Blogburst. The Blogs For Borders Blogroll is dedicated to American sovereignty, border security and a sane immigration policy. If you’d like to join find out how right here.
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