The tag 'Economic Bailout' is associated with 10 posts.

BOHICA [Bend Over, Here It Comes Again], pt. 3: Major Red Ink on European Banks’ Books

Posted by Dave Emory ⋅ June 11, 2010 ⋅ Post a comment

Com­ment: More sto­ries high­light just how pre­car­i­ous the eurozone’s finances are right now.  There are $2.6 tril­lion in loans to Por­tu­gal, Ire­land, Italy, Greece, and Spain (the P.I.I.G.S),  that are held by Europe’s banks. No one knows who is hold­ing how much of those loans.  As a result, ter­ror grows in the Euro­pean finan­cial com­mu­nity about the [...]

Update on the Meltdown: BOHICA

Posted by Dave Emory ⋅ March 28, 2010 ⋅ Post a comment

Com­ment: There is a mil­i­tary slang acronym “BOHICA,” which stands for “Bend Over, Here It Comes Again.”
“Econ­o­mists: Another Finan­cial Cri­sis on the Way” by Matthew Jaffe; ABC News; 3/2/2010.
Even as many Amer­i­cans still strug­gle to recover from the country’s worst eco­nomic down­turn since the Great Depres­sion, another cri­sis – one that will be even worse than [...]

FTR #693 Miscellaneous Articles and Updates

Posted by Dave Emory ⋅ November 24, 2009 ⋅ Post a comment

Black­wa­ter secu­rity out­fit plots to kill whistle­blow­ers; deadly pathogens miss­ing from Ft. Det­rick; viruses mutat­ing to infect other species; the bailout hasn’t assured eco­nomic secu­rity and has made the insti­tu­tions that are “too big to fail” even bigger.

FTR #689 Interview with Sterling and Peggy Seagrave

Posted by Dave Emory ⋅ October 13, 2009 ⋅ Post a comment

William Faulkner noted that “the past is never dead and buried. It isn’t even past.” War Gold stolen by the Japan­ese dom­i­nates the con­tem­po­rary eco­nomic land­scape; the engines of world polit­i­cal power turn in pre­ci­sion with these hid­den engines of wealth.

FTR #688 Darkness in the Vaults

Posted by Dave Emory ⋅ September 30, 2009 ⋅ One comment

Global finan­cial sys­tem pred­i­cated on tril­lions of dol­lars in wealth stolen by the Axis in WWII; “vic­to­ri­ous” allies shared in the spoils; the rule of law is totally dis­carded in order to pre­serve the sta­tus quo and the secrecy that sur­rounds it.

FTR #675 Interview with Lucy Komisar: No Such Thing as a Free Lunch

Posted by FTR ⋅ June 19, 2009 ⋅ Post a comment

Food Ser­vices Giant Sodexo’s scams cost tax­pay­ers, school chil­dren big bucks; Tim­o­thy Gei­th­ner ignored U.S. Trea­sury bonds naked short sell­ing; Swiss Banks join­ing AIG in off­shore machinations.

FTR #670 Update on the Meltdown, Part 3: Top Banana Republic

Posted by Dave Emory ⋅ May 19, 2009 ⋅ One comment

U.S. is beset by the same struc­tural eco­nomic and polit­i­cal prob­lems as Emerg­ing Mar­ket coun­tries; Will the “Top Banana Repub­lic” pull through? Or will we bring the rest of the world down?

FTR #659 Heatin’ It Up for Obama

Posted by Dave Emory ⋅ January 18, 2009 ⋅ One comment

Mul­ti­ple and esca­lat­ing crises with which the incom­ing U.S. Pres­i­dent must deal.

FTR #651 The Engineer Has Wrecked The Train

Posted by Dave Emory ⋅ November 11, 2008 ⋅ Post a comment

Iden­ti­fy­ing the causes of the cur­rent finan­cial dis­as­ter is as impor­tant as pur­su­ing the male­fac­tors behind the deci­sive actions.

FTR #649 The Corporate State Revisited

Posted by Dave Emory ⋅ September 30, 2008 ⋅ 3 comments

Mussolini’s cor­po­rate state rewarded mem­bers of the eco­nomic and polit­i­cal elite who brought him to power. Com­pare fas­cist Italy with George W. Bush’s America!

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