The Wall Street Takeover and the Next Financial Meltdown

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great story, boring delivery...

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For those of you interested in learning the actual cause of the financial meltdowns and what causes them read Murray N. Rothbard's "Americas Great Depression" also look up Austrian Economics for info on why having a free market, free of government intervention, is what we need to be prosperous once again...

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Iran - Nuclear: EU ministers considering options

Nov-15-2011-European ministers for foreign affairs are meeting in Brussels on Monday to discuss tougher sanctions against Iran, only a week after the IAEA report said that Teheran is working on developing a nuclear bomb. Several foreign ministers agreed that a military intervention is not on the cards.

Iran denies the charges by arguing that its nuclear programme is for civilian purposes,

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Too Big to Bail: 'Europe got no cash to save Italy'

Nov-07-2011--It's Greece that heads the line of countries destabilising the eurozone - and it's in Athens that a new coalition 'unity' government has been formed to tackle the debt crisis there. This comes after weeks of political chaos that's put Greek euro membership in jeopardy. Prime Minister George Papandreou has agreed to step down, with his replacement due to be announced later.

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11.11.11 Gathering of Souls"

Sacred Power Within.

"The world is changing because of this transformation of consciousness through the digital network,"

"The time has come", and "the revolution has begun".

And now, with the passage of time and the willingness to learn we stand in the light of our expanded awareness to see that the Earth does not require a Revolution on the part of humanity, but, rather, she is lovingly urging our Evolution

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WORLD FOREX:Euro Sags After Italy's Bond Yields Spike Above 7%

Nov-15-2011--NEW YORK - Italy's soaring government bond yields pushed the euro close to a one-month low Tuesday, with initial optimism over the country's new leadership overtaken by fear that Europe's debt crisis is entering a perilous new phase. Fears are rampant that problems roiling the euro zone's most troubled members are now leapfrogging to larger economies. In an indication of market jitters.

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To Put Europe Back on Track Try Listening to Voters

Nov-15-2011-- The European Union may not come through its current troubles in one piece.

But if it does, it will need to engage, this time seriously, with fundamental questions that were raised and too quickly dismissed in the years before the euro was created. Even in the midst of the crisis, it isn't too soon to start this exercise. To mend the euro system, Europe must understand what went wrong.

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US Postal Service takes $5bn loss, warns of more

Nov-15-2011--WASHINGTON -The US Postal Service on Tuesday reported a $5.1 billion loss for fiscal 2011 and warned of more trouble if has to meet obligations to pay into a retiree health benefits program.

The USPS, government-owned but expected to operate on its own financial legs, said the year-end loss would have been $10.6 billion had it not been for legislation that postponed a congressionally mandated payment of $5.5 billion .

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Will FHA be the next big government bailout?

Nov-15-2011--NEW YORK - Continued trouble in the housing market has further eroded the Federal Housing Administration's reserves, leaving it with a very thin cushion to protect it against future financial losses.

And should housing values continue to plummet, the agency may have to turn to taxpayers for a bailout, according to its annual report, which was released Tuesday. The agency's reserves fell to 0.24% in fiscal 2011,

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The Wall Street Takeover and the Next Financial Meltdown "13 Bankers" describes the rise of concentrated financial power and the threat it poses to economic well-being. over the past three decades, a handful of banks became spectacularly large and profitable and used their power and prestige to reshape the political landscape. The largest banks have become more powerful and more emphatically "too big to fail," with no incentive to change their behavior in the future. INFO-AWARENESS - VIKEN Z K

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(Clarification note after have posted my comment)

I'm afraid! no single comment on this clip out of 2294 visitors.

I like the clip except for some considerations on the 2013 legislation which (in my opinion) turned the American policy from a Democracy to a private owned free haven!

[supertobben]

I'm afraid! no single comment on this clip out of 2294 visitors.

I like the clip except for some considerations on the 2013 legislation which turned the American policy from a Democracy to a private owned free haven!