Tuesday, October 7, 2008 23:54
Guarding The Henhouse: Ex-Goldman Sachs Exec To Oversee Bailout Now that Hank Paulson, The U.S. Treasury and the Federal Reserve
have robbed American taxpayers of a sum likely to run into the trillions,
the coup de grâce has arrived in the form of ex-Goldman Sachs
executive Neel Kashkari, who has been appointed by Paulson to dole out
the ill-gotten gains of the bailout to the rest of the corporate crooks.
Al Qaeda Resurfaces To Maintain Financial Fearmongering Adam Pearlman, the Jewish Mossad agent who once
wrote stinging essays condemning Muslims as “bloodthirsty terrorists”,
has once again popped up as an “Al-Qaeda spokesman”, this
time to lament on the “crushing defeat” Americans face with
the meltdown of the economy.
Gold Prices To Double On Paper Market Default Jurg Kiener, CEO of Swiss Asia Capital, told
CNBC this morning that the flight from paper currencies as a result
of global interest rate cuts will lead to a doubling in the price of
gold within a short period, as demand for physical precious metals outstrips
supply, causing paper contracts on gold to default.
a Gold Mine In Environmental Guilt
This is strange territory. The Dow is down. Wall Street needs a bailout.
But in the Washington area and across the country, there is still a
bull market in environmental guilt.
Mint halts some American Eagle coin production Unprecedented demand for precious metals and volatile markets
forced the U.S. Mint to cease production for the half-ounce and quarter-ounce
popular American Eagle gold coins for the rest of this year and to supply
other bullion coins on an allocation basis.
Cramer Defends Stock Warning
“Why should you risk over the next five years being in this stock
market? Longer term — IRAs? Still contribute. Not an issue. But
short-term, this is a perilous market.”