Inflation will push precious metal prices much higher « Peter J. Cooper’s ...

" Once this obvious truth becomes generally accepted then we can expect a sudden shift by retail investors into gold and silver for protection against inflation. Both are very small markets by comparison to global equities, real estate or bonds - particularly silver, so the...

Five Alternative Bailout Plans

Brief points on 5 different plans proposed to deal with the financial market, to be compared with the $700 billion pig being pushed on the taxpayers by Paulson, Cox, Bush and Bernanke that some Dems and Reps in Congress have been trying to put lipstick on."The Bush...

Ballmer Sees Global Crisis Hitting Microsoft

" Ballmer Sees Global Crisis Hitting Microsoft Topics:Technology | Information Technology Sectors:Software and Computer Services | Software | Technology Microsoft [MSFT  26.14    1.13  (+4.52%)   ] Chief Executive Steve...

LONDON: FTSE Rallies Slightly in Rescue Plan Hope after Timorous Tuesday

FTSE's fortune was not as bad as had been feared, after hopes began to rise that the US lawmakers will mange to collate a rescue package in the "Bailout" crisis.  ...

What the WaMu Collapse Means for Its Customers

Good news for Washington  Mutual customers for now.""Life is exactly as it was for Washington Mutual customers on Friday as it was on Thursday except they are now backed by a bigger, stronger bank," says...

STOCKS BLEEDS....Central Banks Try to Keep Crisis From Spreading

"   Topics:Henry Paulson | Banking Sectors:Financial Services | Banks The world's central banks redoubled their efforts on Monday to revive the paralyzed global financial system through massive injections of cash.   Global markets...

Dow to fall to 7,000, FTSE to 3,300 « Peter J. Cooper’s Weblog

" The $700 billion US bailout has not gone down particularly well today in Asia and Europe. But in Europe we have the nationalization of Fortis, a bailout for Hypo Bank and the nationalization of Bradford & Bingley. I just read that each UK tax payer is now holding...

Benelux governments rescue Fortis; ING to buy ABN

" Benelux governments nationalized parts of banking and insurance group Fortis in a bid to prevent U.S.-style financial contagion engulfing one of Europe's top 20 banks. After emergency talks with European...

Main Street turns against Wall Street & Politicians BailOut

"NEW YORK (Fortune) -- In one frenzied month Treasury Secretary Henry Paulson and Federal Reserve chairman Ben Bernanke remade Wall Street. Along the way they may also have recast American politics. A month of...

Another Way To Save The Polar Bears

Michael Buyers gives us another nugget of NDP wisdom… photo credit: ucumari Shut down the oilsands, NDP candidate urges Tim Lai, Canwest News Service VANCOUVER - Saying climate change may...

Dems trying to Ban Oil Shale AGAIN

"Reid to Renew Oil Shale Ban, Deny Americans Vast Energy Resources During Economic Crisis 09/25/2008 - 12:46:53 PM We've just been alerted that despite House Democrats relenting on extending bans on offshore drilling and oil shale in the continuing resolution (CR)...

Number of millionaires rises to 1.23 lakh in India

" NEW DELHI: With economy growing in a rapid pace and stock markets rising sharply in 2007, India saw the fastest growth in the number of high networth individuals (HNI) worldwide and their combined wealth...

Pakistan needs $10bn to avert meltdown

" Pakistan immediately needs at least $10 billion to deal with the current economic crisis, Foreign Secretary Salman Bashir has said. Bashir, who participated in the inaugural meeting of the Friends of Pakistan group, told a group of Pakistani journalists Friday night here...

Donors pledge $6.1 billion to climate change funds:WB

" Industrialized countries pledged more than $6.1 billion on Friday to international investment funds aimed at helping developing countries adopt cleaner technologies and mitigate growth in greenhouse gas...

When Watchdogs Snore: How ABC, CBS and NBC Ignored Fannie & Freddie

Our 'Fourth Estate' was Asleep at the Wheel!As of this Tuesday morning, the media has finally woke up. On Morning Joe, Joe Scarborough's MSNBC news program, reporters finally realize their role in providing the information the public needs to know. "By Rich Noyes September...

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