Posted on September 30, 2008 by sonar
The truth comes out about what transpired Sept 18, 2008 in the markets. The market was 500 trades away from Armageddon on Thursday, traders inside two large custodial banks tell The Post. Had the Treasury and Fed not quickly stepped into the fray that morning with a quick $105 billion injection of liquidity, the Dow [...]
Filed under: Markets & Economy | Tagged: money market | Leave a Comment »
Posted on September 30, 2008 by sonar
My friends, this is not the raving of a lunatic. Gerald Celente is a veteran trends forecaster and author. He has appeared on too many TV shows to count. I’ve put some of the info from his web site to the right so you will know he is respected in his field. Read this carefully and reflect. [...]
Filed under: Markets & Economy, Mayhem | Tagged: Gerald Celente | 7 Comments »
Posted on September 30, 2008 by sonar
A few days ago Project Camelot contacted George Green to get his thoughts about the current economic crisis. I took notes. [You can download the 42-minute talk here.] -George expects we’ll see the DOW at 8500 shortly. -China’s military has said if the dollar collapses they will consider it an act of war. -He says WW [...]
Filed under: Conspiracy, Markets & Economy, Mayhem | Tagged: Amero, earthquake, George Green, WW III | 4 Comments »
Posted on September 29, 2008 by sonar
In 2003 Warren Buffet proclaimed, “Derivatives are financial weapons of mass destruction.” They are the root cause of the coming Great Depression 2.0. To celebrate the inevitible collapse of Wachovia today I’ve updated my list of the top 25 banks in the US with the largest exposure to toxic derivatives. I’ve added the current bank ratings [...]
Filed under: > Scott's Soapbox, Markets & Economy, Mayhem | Tagged: bad bank list, bailout, failed bank, Wachovia | Leave a Comment »
Posted on September 29, 2008 by sonar
The Dow Jones Industrial Average slid 778 points for its biggest point drop ever as $1.2 trillion in market value was erased from American equities. Wachovia Corp. tumbled 82 percent after the bank was sold to Citigroup Inc. in a deal brokered by the Federal Deposit Insurance Corp., sending shares of Sovereign Bancorp Inc. down [...]
Filed under: Markets & Economy | Leave a Comment »
Posted on September 29, 2008 by sonar
The markets don’t like Congress voting down the Bailout! The Volatility Index, AKA The Fear Index, just broke its all-time high of 45.74 set in 1998. It topped out at 48.40 (up 31% ). Markets are churnin’ -n- burnin’. Things had calmed down last week after the Fear Index spiked at 42 the afternoon of Sept 18. [...]
Filed under: Markets & Economy, Mayhem | Tagged: bailout, Fear Index, VIX | 3 Comments »
Posted on September 29, 2008 by sonar
A member of Congress declared Sunday that the Speaker of the House (Nancy Pelosi) has declared martial law. Rep. Michael Burgess (R-TX) reports from the floor of the House that the Republicans have been cut out of the process and called unpatriotic for not blindly supporting the fraudulent bailout. He says the only debate has [...]
Filed under: Mayhem, Politics | Tagged: martial law | 1 Comment »
Posted on September 29, 2008 by sonar
This from the Wall Street Journal: With silver prices falling this past summer, silver bugs world-wide set out to prove that their metal was in short supply and market manipulation was at work. They bombarded federal regulators with hundreds of emails crying foul play and demanded answers. Though such pleas proved futile in the past, [...]
Filed under: Silver & Gold | Tagged: silver manipulation | 14 Comments »
Posted on September 29, 2008 by sonar
See the latest updates to the History of the Meltdown here.
Filed under: Markets & Economy, Mayhem | Tagged: meltdown history | Leave a Comment »
Posted on September 28, 2008 by sonar
Wish I would have written this! (Author unknown.) Since 9/11 our Constitutional rights have been systematically dismantled: 1. USA Patriot Act – A 342 page document presented to Congress one day before voting on it that allows the government access to your bank and email accounts, as well as your medical and phone records with no [...]
Filed under: Conspiracy, Mayhem | Tagged: constitution, fascism | 1 Comment »