1/3 of Banks Will Disappear Next Year
CBS Video Report Many banks don't have enough money to survive in 2009, but mergers will keep their brands alive, said Ralph Silva of TowerGroup. http://www.cnbc.com/id/15840232?video=975644719 === Greed Has Pushed Political Credibility and Financial Trust into Freefall By Gary Younge Greenspan's ideology was unfettered, free-market capitalism. Its understanding of how the world works was rooted in self-interest. It was a value system that placed the private before the public, the individual before the collective, and the wealth of the few before the welfare of the many. http://www.informationclearinghouse.info/article21523.htm === Hey Reagan Democrats Now Do You Get It? By David Michael Green The very people who had failed to regulate the folks causing the Even Greater Depression of the early twenty-first century now took $700 billion worth of taxpayer money and handed it to those same financial 'industry' crooks, without any requirements at all on what they could do with the money. But when the blue collar auto industry wanted just $15 billion to keep millions of middle class jobs afloat, the Republicans wouldn't give it to them. http://www.informationclearinghouse.info/article21528.htm === Higher Wages or Bubblenomics: What's it gonna be? By Mike Whitney A strong economy must be built on a solid foundation of steadily rising wages. If wages don't keep pace with production, the only way the economy can grow is through the expansion of debt, which leads to disaster. http://www.informationclearinghouse.info/article21520.htm === A New Wind Blowing By Mary Pitt The whole country is agog with the news of the Madoff Ponzi scheme and the billions he scammed from big investors, but nobody appears to realize that it is only the tip of a huge iceberg. http://www.informationclearinghouse.info/article21527.htm === === Now, Is The Crucial Time You can make a difference! By Ramsey Clark We cannot sit back and expect that change will just happen now. In order to make real change, people must be mobilized and organized. Otherwise, all of the hopes for a new direction can be quickly diverted. http://www.informationclearinghouse.info/article21521.htm === Ford's Legacy By David Glenn Cox All change in the world comes either from rot or from new growth. Ford's pardon of Nixon might have been expedient at the time, but it has allowed the rot to fester. Senator Carl Levin wants a congressional inquiry into the actions of the Vice President and the Attorney General and their role in the torturing of prisoners. Thanks to Gerald Ford this is a question rather than a precedent. Had Nixon been put on trial, win, lose or draw there would be precedent for putting members of the Executive branch on trial. http://www.informationclearinghouse.info/article21526.htm === Guns, Butter, and Obama By Conn Hallinan Over the next several months there will be a battle for hearts and minds, but not in Iraq or Afghanistan. The war will be here at home, waged mostly in the halls of Congress, where grim lobbyists for one of the top 15 economies in the world are digging in to preserve their stake in the massive U.S. military budget. http://www.informationclearinghouse.info/article21522.htm === In Case you missed it: In The Great Tradition Obama Is A Hawk By John Pilger In 1941, the editor Edward Dowling wrote: "The two greatest obstacles to democracy in the United States are, first, the widespread delusion among the poor that we have a democracy, and second, the chronic terror among the rich, lest we get it." What has changed? The terror of the rich is greater than ever, and the poor have passed on their delusion to those who believe that when George W Bush finally steps down next January, his numerous threats to the rest of humanity will diminish. http://www.informationclearinghouse.info/article20095.htm --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "ShadowGovernment" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/ShadowGovernment -~----------~----~----~----~------~----~------~--~---
