Grasping at Straws
By Mike Whitney
If Paulson is not removed and his rescue plan scrapped altogether; the dollar will lose its position as the world’s reserve currency and the US government will face a historic funding crisis as foreign sources of capital dry up. That will thrust the country into a hyper-inflationary depression.
www.informationclearinghouse.info/article20828.htm

Paulson Bailout Plan a Historic Swindle
 By William Greider
Financial-market wise guys, who had been seized with fear, are suddenly drunk with hope. They are rallying explosively because they think they have successfully stampeded Washington into accepting the Wall Street Journal solution to the crisis: dump it all on the taxpayers.
www.informationclearinghouse.info/article20823.htm

What’s Really Bankrupt
The Wall Street Model: Unintelligent Design
By PAM MARTENS
There is no sincere plan by this administration to help America or Americans. There is only a plan to slow the financial collapse until after the November elections by throwing a politically palatable amount of money at it and a plan to continue to blame it on a housing bust.
www.informationclearinghouse.info/article20826.htm

Financial Bailout:
America’s Own Kleptocracy
The largest transformation of America’s Financial System since the Great Depression
By Michael Hudson
Nobody expected industrial capitalism to end up like this.
www.informationclearinghouse.info/article20822.htm

The Dog Days Of September
By Gary Corseri
We can no longer claim to live in “the land of the free and the home of the brave.” There is nothing free here except the “free-market” our corporate bosses have foisteed on us and the rest of the world to open up foreign markets to our brand-name companies so that foreign workers can make products that “Americans” will buy at exorbitant prices. How did that happen? Hypnosis through the mass media that “Americans” were supposed to own-hypnosis through repetition, spectacle, diversion.
www.informationclearinghouse.info/article20825.htm

In Hard Times, Tent Cities Rise Across the Country
By AP
Since foreclosure mess, homeless advocates report rise in encampments.
www.informationclearinghouse.info/article20810.htm

US takeovers dwarf my nationalisations:
Venezuela’s Chavez: Chavez said the worst financial crisis since the Great Depression was the crash of “neo-liberal” capitalism, and showed his “21st Century Socialism” was the way forward.
tinyurl.com/4hwpmd

Bush pushes $700bn bail-out plan:
Bush justified the move on Saturday to use American taxpayer funds to buy out mortgage-related debt, describing it as “bold” but necessary.
english.aljazeera.net/business/2008/09/200892019449216337.html

Ron Paul warns of fall of dollar: “It’s more of the same.
More debt and more inflation and more pressure on the dollar. Ultimately, although the markets are responding very favorably at the moment, I think it is going to be devastating to the dollar and to our financial situation in this country,” US News quoted the Texas congressman as saying
www.presstv.com/detail.aspx?id=70049&sectionid=3510203

McCain Praised Banking Deregulation Earlier
This Month: In a magazine article published earlier this month, John McCain not only claimed credit for the banking deregulation, but he hailed it as a model for what should be done with health care
www.jedreport.com/2008/09/mccain-praised-banking-deregul.html

U.S. regulators close W. Va bank; 12th to fail:
Regulators closed on Friday Ameribank Inc, which became the 12th bank failure this year as the struggling economy and falling home prices take their toll on financial institutions.
www.reuters.com/article/email/idUSN1939567120080919

15 Things You Need to Know About the Panic of 2008:
A crash course in why it happened, how it’s strangling the nation’s finances and how it might work itself out.
tinyurl.com/3uuqbd

Abroad, Bailout Is Seen as a Detour From Capitalism
By Nelson D. Schwartz
www.nytimes.com/2008/09/18/business/
worldbusiness/18rescue.html?8au&emc=au

The World As We Know It Is Going Down’
www.spiegel.de/international/business/0,1518,druck-578944,00.html

Too Big to Fail versus Moral Hazard
By Henry C.K. Liu
henryckliu.com/page169.html

Super Capitalism, Super Imperialism and Monetary Imperialism
By Henry C.K. Liu
henryckl.ipower.com/page143.html

The Financial Tsunami
Part V: The Predators had a Ball
By F. William Engdahl, 22 February 2008
www.engdahl.oilgeopolitics.net/print/The%20
Financial%20Tsunami%20Part%20V.htm