Afshin Rattansi talks to Danny Schechter about Paulson
U.S. Treasury Secretary Henry Paulson said he was backing away from buying troubled mortgage assets using a $700 billion bailout fund, instead favouring a second round of capital injections into financial institutions that would match private funds.
"This is bringing uncertainty into the market, creating a sense that the Treasury doesn't know what it's doing," said Philippe Gijsels, strategist at Fortis in Brussels.
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: 9 min
49
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: 12/11/08 20:14
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Peter Schiff 1/6/09 - CNBC Reports
In this video Don Luskin (Trend Macro CIO), Dennis Kneale (CNBC Media & Technology Editor), and Peter Schiff discuss Obama's stimulus plan. Luskin and Kneale say that debt isn't a problem. Luskin says that stocks are cheap at these prices. Peter says that you can't cut taxes without cutting spending or Americans will pay through inflation. He also says that the entire U.S. Treasury is a ponzi scheme.
Analogies used: jumping off empire state building.
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: 9 min
09
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: 07/01/09 17:51
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The Great American Giveaway
CNN Lou Dobbs-- Foreign countries are gobblinp up strategic key US assets; meanwhile Congress plays the good guy when they took the money and lined their own pockets. This is an outrage; meanwhile, the average yuppie is self asorbed in illusions! You better wake up fast or your home will soon owned by China, Dubai, etc. Visit theblackpacket dot com
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Time
: 2 min
41
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: 27/09/07 22:44
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Economic Weather report
Panel 1
Economic Weather report
Retail sales weak
Volumes weak
Extended recession
Stressed consumers
High debt, interest rates
November 13, 2008
Panel 2
Manufacturing slump
Output contracting
Treasury advises Key
Economy weaker
Jobless rate 5.7%
GDP down NZ$15 bln
Deficit NZ$5 bln bigger
November 13, 2008
Panel 3
Interest rates falling
100bps cut in OCR
Possible on Dec 4
Short mortgages better
Long term deposits better
November 13, 2008
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Time
: 3 min
07
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: 13/11/08 04:23
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I Want My Bailout Money by Michael Adams the Health Ranger
I Want My Bailout Money is a new hip hop satire song by Michael Adams (the Health Ranger), editor of NaturalNews.com. It's a strong commentary on the failed fiscal policies of the Federal Reserve and the U.S. Treasury which have plunged the U.S. into seemingly irreversible debt, and possibly even an approaching era of hyperinflation. Download ringtones, MP3 files and more songs from Michael Adams at http://www.naturalnews.com/I_Want_My_Bailout_Money.html
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Time
: 3 min
14
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: 07/01/09 08:53
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Paulson's $700B sales job
Sep 22 - Treasury Secretary Paulson heads to Capitol Hill where he hopes to convince lawmakers to back a $700 billion financial rescue plan.
The hastily assembled plan would give the US Treasury sweeping powers to buy up toxic mortgage-related debt from strapped financial firms, including the American branches of foreign banks.
Deborah Lutterbeck reports.
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: 2 min
13
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: 23/09/08 05:57
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Regulators Gone Wild - September 18, 2008
In the guarantee of Fannie & Freddie debt the US Treasury and Federal Reserve broke two laws. Even the Fannie Mae web site still says that there is no guarantee. The FDIC can help, but are in denial. Lower yields and higher gold are clear warnings. The Dow monthly chart is the key at month end in confirming a multi-year BEAR MARKET.
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Time
: 4 min
45
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: 19/09/08 15:31
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Treasury Secretary Paulson evasive on raising sinking dollar (2008)
Bush's Treasury Secretary had two chances to explain how he would strengthen the sinking dollar that is now worth half the Euro, pushing gold to a record $1,000+ an ounce and oil over a record $111 a barrel.
Both times, he gave long and rambling answers that did nothing to explain what they intend to do... followed by my analysis as to just why.
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Time
: 3 min
58
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: 17/03/08 03:51
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Federal obligations exceed world GDP! (Does $65.5 trillion terrify anyone yet)?
to $59.3 trillion while the total federal obligations under GAAP accounting now total $65.5 trillion. The $65.5 trillion total federal obligations under GAAP accounting not only now exceed four times the US gross domestic product, or GDP, the $65.5 trillion deficit exceeds total world GDP. "In the seven years of GAAP reporting, we have seen an annual average deficit in excess of $4 trillion, which could not be possibly covered by any form of taxation," Williams argued. "Shy of the ...
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Time
: 7 min
52
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: 14/02/09 23:12
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Debt & Delusion - The Monetary System
Debt & Delusion - The Monetary System
It simple doesn't matter how much intervention that takes place in the markets the system is now under so much pressure that the inevitable change into a new era has started and will bring about change.
In this video we look at this downturn and also start to explore the idea of new communities following the economic collapse.
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Time
: 9 min
42
Added
: 28/11/08 14:11
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