QUOTE:
Sorting Through The Rubble in Post-Bubble America
By Mike Whitney
No more bubbles. No more phony debt-generated prosperity.
No more over-leveraged, complex Ponzi-scams that end
in tragedy. Continue
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QUOTE:
Already We Have Riots, Hoarding, Panic
The Sign Of Things To Come?
Carl Mortished, World Business Editor
The spectre of food shortages is casting a shadow across
the globe, causing riots in Africa, consumer protests
in Europe and panic in food-importing countries. In a
world of increasing affluence, the hoarding of rice and
wheat has begun. Continue
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QUOTE:
International experts foresee collapse of U.S. economy:
Dr. Nouriel Roubini of the New York University's
Stern School of Business, who, in 12 steps, outlines how
the losses of the American financial system will grow
to more than $1 trillion - that's one million times $1 million.
That amount is equal to all the assets of all American banks.
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QUOTE:
Banks face "systemic margin call," $325 billion hit:
JPM: Wall Street banks are facing a "systemic margin call"
that may deplete banks of $325 billion of capital due
to deteriorating subprime U.S. mortgages, JPMorgan
Chase & Co (JPM.N: Quote, Profile, Research), said
in a report late on Friday.
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QUOTE:
Hedge funds wither as banks call their bluff:
Remember how the investment banks recently wrote
off $140bn in loans linked to the sub-prime mortgage
debacle? Well you ain't seen nothing yet, if last week's
margin calls on hedge funds are anything to go by.
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QUOTE:
U.S. Consumer Borrowing Rose, Led by Credit Cards :
Consumer credit increased by $6.9 billion to $2.52
trillion, the Fed said today in Washington. In December,
credit gained $3.7 billion, less than a previously reported
increase of $4.5 billion. The figures don't include
borrowing secured by real estate, such as home-equity
loans.
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QUOTE:
PropagandaVideo
An open source video compilation, Propaganda offers
a critical look at the "mainstream" media, featuring
interviews and lectures by Noam Chomsky, John Pilger,
Amy Goodman and much more. Click to view
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QUOTE:
Bob Herbert: Confronting the Kitchen Sink
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QUOTE:
Gary Hart: Breaking the Final Rule
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QUOTE:
Greg Grandin: Fidel Castro,the First Super Delegate
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QUOTE:
A WORLD OF INCIDENTS AT YOUR FINGERTIPS:
TRULY AMAZING...! AND IT'S UPDATED EVERY
360 SECONDS, I'VE BEEN TOLD. A REALLY
PLEASANT TREAT AND INTELLECTUAL JOURNEY.
TRY IT, YOU MIGHT LIKE IT.
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QUOTE:
Late Night Political Jokes - Late Night Jokes Updated Daily
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QUOTE:
PHOTOGRAPHY BY NOVELIST F. SCOTT SINCLAIR
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QUOTE:
A CONVENIENT (I HOPE) TABLE OF CONTENTS OF
F. SCOTT SINCLAIR'S NOVELS
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F. Scott Sinclair is the author of the published political thrillers--The Bell Tolls For Thee America (Preview at: tinyurl.com/onze582), Karmic Rendition: A Novel of Pancho Villa Avenged , Political Instincts: A Novel of Amazing Thailand, and Cinderella Liberty: A Novel of America--are prophetic novels, that uncover the seeds of the Orwellian nightmare that currently besieges America. Previews at: http://goo.gl/vEDGj and http://tinyurl.com/brk8dl5 as shown above.