Spitfire List Web site and blog of anti-fascist researcher and radio personality Dave Emory.
The tag 'Bailout' is associated with 19 posts.

Not with a Bang, but a Whimper . . . .

In Europe, the nation-state is being forced into obso­les­cence, and there is lit­tle dis­cus­sion of this stag­ger­ing devel­op­ment. Angela Merkel has for­mal­ly stat­ed that EU mem­bers must be ready to sur­ren­der sov­er­eign­ty on fis­cal mat­ters.
Europol, its police force, has suc­cess­ful­ly tak­en a num­ber of steps that many would see as intru­sive, with lit­tle or no real appli­ca­tion to law enforce­ment.

Deutsche Bank and the Financial Meltdown

It is impor­tant to under­stand that Ger­man banks are any­thing but blame­less in the Euro­pean finan­cial cri­sis. Deutsche Bank car­ried a large amount of bad debt on its books and lied about it in order to fool investors. In 2007, the Fed­er­al Reserve had to help bailout Deutsche Bank. The U.S. sued Deutsche Bank over its manip­u­la­tion of the Amer­i­can mort­gage mar­ket.

German Banks and the Eurozone Crisis

Ger­man banks were fun­da­men­tal­ly involved in pump­ing the cap­i­tal into the now-trou­bled Euro­zone economies than oth­ers, despite lies to the con­trary. In addi­tion, they have been using Ger­many’s bailouts to shore up their own bal­ance sheets. Ger­man finance is prin­ci­pal­ly respon­si­ble for this cri­sis. Cur­rent­ly hold­ing the world econ­o­my hostage in order to dis­solve the polit­i­cal sov­er­eign­ty of Euro­pean nations, Ger­many is attempt­ing to real­ize the goals of the Third Reich.

“Austerity” Equals Fascism, Part 2: A Kindler, Gentler T‑4 Program

Oba­ma’s polit­i­cal fate may well be deter­mined in Europe by Ger­many. In Ger­man press, Rom­ney cam­paign pro­mot­ing Merkel’s eco­nom­ic doc­trine in oppo­si­tion to Oba­ma. Will Rom­ney be empow­ered to do the U.S. what “aus­ter­i­ty” has done to much of Europe?

“Austerity” Equals Fascism, Part I: The Republicans are Nazis

Descend­ed from political/economic inter­ests that sup­port­ed Hitler, tried to over­throw Franklin Roo­sevelt and did kill JFK, the GOP man­i­fests the her­itage of decades of covert oper­a­tions that brought Third Reich vet­er­ans into the Amer­i­can polit­i­cal main­stream. The upcom­ing elec­tion may deter­mine the fate of our civ­i­liza­tion.

Update on the EMU/Euro as Vehicle for Conquering Europe, World

Euro/EMU has beg­gared Europe, turn­ing the periph­er­al Euro­pean coun­tries into Ger­man sub­or­di­nates. Will dis­so­lu­tion of Euro case a bank­ing cri­sis in Europe, just in time to col­lapse U.S. finan­cial sys­tem before the elec­tion?

Surprise, Surprise! “Occupiers” Tied to Ohio Bomb Plot

Ohio bomb plot­ters linked to “Occu­py Cleve­land.” Are they agents-prova­ca­teurs/in­fil­tra­tors? With indi­ca­tions of fascist/right wing ini­ti­a­tion of “Occu­py” move­ment, might this have been intend­ed from the begin­ning?

Egyptian Muslim Brotherhood Embraces Social Chaos

Mus­lim Broth­er­hood express­es rejec­tion of emer­gency IMF loan. The Egypt­ian econ­o­my is in ter­ri­ble shape. Is the Ikhwan plan­ning to pre­cip­i­tate social chaos and imple­ment­ing fas­cism as a “solu­tion”?

BAILOUT GROWS: Total relief package up to $8.5 trillion — nobody knows risk to taxpayer

by Kath­leen Pen­derSan Fran­cis­co Chron­i­cle The fed­er­al gov­ern­ment com­mit­ted an addi­tion­al $800 bil­lion to two new loan pro­grams on Tues­day, bring­ing its cumu­la­tive com­mit­ment to finan­cial res­cue ini­tia­tives to a stag­ger­ing $8.5 tril­lion, accord­ing to Bloomberg News. That sum rep­re­sents almost 60 per­cent of the nation’s esti­mat­ed gross domes­tic prod­uct. Giv­en the unprece­dent­ed size and […]