Our Republic Raped And Still No Revolution!
By Joel S. Hirschhorn
www.countercurrents.org/joel220908.htm
Now is the time for Americans to wake up, stand up and vote down Republicans and Democrats. How wonderful it would be if the candidate that claims the presidency only receives, say, 20 percent of all eligible voters. This is the first necessary step for we the people to take back OUR country

The Bailout Win-Win For Speculators, Risk Takers And Finance Thieves
By Kevin Zeese
www.countercurrents.org/zeese220908.htm
The bailout is corporate-government on display — the corporate representatives (the Fed is the banking and finance system) go in the back room to meet with the congressional leadership of both parties — all of whom are funded and put in office by the corporations — they come out all smiles and the stock market goes up — big finance is happy. The capital-economy is being saved on the back of taxpayers

Mushroom Cloud over Wall Street
“All Hail Caesar!” The days of the republic are over.
By Mike Whitney
“The bill gives Paulson the ability to nationalize unlimited amount of private debt and force you and your children to pay for it.”
www.informationclearinghouse.info/article20839.htm

US Tax Payers To Bail Out Foreign Banks
Paulson: Foreign Banks can use U.S. Rescue Plan
By Mark Felsenthal
Treasury Secretary Henry Paulson said Sunday that foreign banks will be able to unload bad financial assets under a $700 billion U.S. proposal aimed at restoring order during a devastating financial crisis.
www.informationclearinghouse.info/article20838.htm

In Case You Missed It
The Shock Doctrine
The Rise of Disaster Capitalism
By Stephen Lendman
Naomi Klein is the author of “The Shock Doctrine: The Rise of Disaster Capitalism” that explodes the myth of “free market” democracy. It shows how neoliberal Washington Consensus fundamentalism dominates the world with America its lead exponent exploiting security threats, terror attacks, economic meltdowns, competing ideologies, tectonic political or economic shifts, and natural disasters to impose its will everywhere.
www.informationclearinghouse.info/article18430.htm

U.S. Orgy of Debt
By ERIC MARGOLIS
America has reveled for two decades in an orgy of debt. The U.S. national debt is now twice its net worth. From Wall Street’s “masters of the universe” financial powerhouses such as Goldman Sachs, Merrill Lynch, Lehman, and Morgan Stanley, to the humblest homeowners, America’s national motto became “borrow to the hilt and bet.”
www.informationclearinghouse.info/article20837.htm

For The Love Of Money
When Corporations Rule the World
By David C. Korten
Most everyone is aware that we live in an unequal world. Few realize, however, just how extreme the inequality has become or how fast the gap between the poor and the super rich is growing. Forbes tells us the world now has 358 billionaires. Their combined net worth exceeds the combined net worth of the world’s poorest 2? billion people. This is but one manifestation of the extreme economic and social distortions created by the globalized free market economy idealized by business publications such as Forbes and Business Week.
www.informationclearinghouse.info/article20829.htm

The New New Deal
We’re Footing the Bill and Holding the Bag
By Mike Rivage-Seul
Presently (following the Great Crash of 2008), we’re in the midst of yet another reshuffling and redistribution of cards – another New Deal. But whereas 30s version shifted money from the haves to the have-nots, the re-run promises an income redistribution from the disappearing middle class to the super-rich. They’re the gambling addicts who got us here in the first place.
www.informationclearinghouse.info/article20841.htm

A Note ofAppreciation From the Rich
 By Author Unknown
Society could be intelligently organized to meet the real needs of the general population. You and others like you could collectively fight to free yourselves from our domination. But you don’t know that. In fact, you can’t even imagine that another way of life is possible. And that’s probably the greatest, most significant achievement of our system — robbing you of your imagination, your creativity, your ability to think and act for yourself.
www.informationclearinghouse.info/article20833.htm

Default by the US government is no longer unthinkable:
But September 2008 marks the moment when the scale of our excesses, the extent of our debts and the moral bankruptcy of our financial regulatory system finally began to be truly exposed.
www.telegraph.co.uk/money/main.jhtml?xml
=/money/2008/09/21/ccliam121.xml

Fury at $2.5bn Lehman bonus:
STAFF at Lehman’s New York office who helped to cause the world’s biggest corporate bankruptcy are to share in a $2.5 billion bonanza.
tinyurl.com/4n85x9

BAD MONEY: RECKLESS FINANCE, FAILED POLITICS, AND THE GLOBAL CRISIS OF AMERICAN CAPITALISM:
Video and transcript:
Bill Moyers sits down with former Nixon White House strategist and political and economic critic Kevin Phillips.They explores the role that the crumbling financial sector played in the now-fragile American economy.
www.pbs.org/moyers/journal/09192008/watch2.html

$1,000,000,000,000: The astonishing cost of US government’s desperate bid to rid the economy of toxic debt:
There are some members of Congress who are unhappy at the thought of the taxpayer taking on hundreds of billions of dollars of currently worthless debt. But the leader of the Democrats in the House of Representatives, Steney Hoyer, said he expected quick action
news.scotsman.com/latestnews/10000000
00000-The-astonishing-cost-of.4513002.jp

Treasury Seeks Asset-Buying Power Unchecked by Courts:
``He’s asking for a huge amount of power,’’ said Nouriel Roubini, an economist at New York University. ``He’s saying, `Trust me, I’m going to do it right if you give me absolute control.’ This is not a monarchy.’’
tinyurl.com/442mrm

Many economists skeptical of bailout:
Many of the same economists and opinion-makers who’d provided a bipartisan sheen of consensus to Treasury Secretary Henry Paulson’s previous moves have quickly begun casting doubts on the wisdom of a policy that would allow Treasury to purchase without oversight hundreds of billions of dollars of difficult-to-price assets from financial institutions.
news.yahoo.com/s/politico/20080921/pl_politico/13689

Bank of China buys into Rothschild bank:
BANK of China said yesterday it will buy a 20 percent stake in La Compagnie Financiere Edmond de Rothschild for 236.3 million euros (US$340 million) and the two will develop private banking and asset-management services.
www.shanghaidaily.com/article/?id=374296&type=Business

Will This Gigantic Bailout Work?
By Sean O’Grady
www.countercurrents.org/ogrady200908.htm
This is what we might call the $1trillion question. That’s $1,000,000,000,000, by the way. It is a little like surgery. The US government has amputated the gangrenous leg of the banking system to save the patient. But it is now preparing to graft the infected limb on to the body politic of America. The US taxpayers will be lucky if they do not feel distinctly unwell as a result of this little experiment

It’s The Derivatives, Stupid! Why Fannie, Freddie, AIG Had To Be Bailed Out
By Ellen Brown
www.countercurrents.org/brown200908.htm
Why the extraordinary bailout measures for Fannie, Freddie and AIG? The answer may have less to do with saving the insurance business, the housing market, or the Chinese investors clamoring for a bailout than with the greatest Ponzi scheme in history, one that is holding up the entire private global banking system. What had to be saved at all costs was not housing or the dollar but the financial derivatives industry; and the precipice from which it had to be saved was an “event of default” that could have collapsed a quadrillion dollar derivatives bubble, a collapse that could take the entire global banking system down with it