European, Asian Markets Plunge

European, Asian Markets Plunge as Recession Fears Spread Worldwide As stock indexes plunge across Europe and Asia, Britain unveiled plans today to inject up to 50 billion pounds—close to $90 billion—into its biggest retail banks. Recent efforts to bolster world credit markets have failed to stem fears that the spreading financial crisis could lead to a global recession. We go to Rome to speak economist Loretta Napoleoni, author of Rogue Economics: Capitalism’s New Reality.



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KR # 66 Global Monetary Failures mp3 Leader Shit - No Answers - Confusion - Bailing out Whom ? Failures today and failures with Enron - an example of colossal failure by design. length: 28:46 min 128 kbps stereo 26.5 MB http://kaputtradio.libsyn.com
Sydney Indymedia

Australian market plunges 5pc, dollar crashes


Australian shares closed down 5 per cent amidst global economic panic. The Australian share market plunged 5 per cent today, as the dollar hit a new five-year low. Fear of a global recession has seized markets, with big falls across the major indices overnight. The Dow Jones Industrial Average plunged 5 per cent and today the local All Ordinaries index fell by the same margin. It was down 228.1 points at 4369.8. After hitting a fresh three-year low, the ASX 200 closed 231 points lower at 4,388. CommSec's Savanth Sebastian says there are growing concerns about the ability of emerging economies to withstand the financial crisis. The fact that we saw the Indonesian market fall over 10 per cent and actually close trading for the day really had a significant impact on the rest of Asia," he said.


Australian shares closed down 5 per cent amidst global economic panic.

Associate Pofesor Steven Keen. Steven Keen has come increasingly to prominence over the past couple of years specialising in the economics of Australia's spiralling household debt burden.

PROFESSOR STEVEN KEEN: Best case scenario is a recession more severe than 1990 and lasting one and a half times as long.

Worst case is something up to the level of the Great Depression which was 20 per cent unemployment and lasting up to a decade.

$50b Aussie wipe-out
Australian stocks wiped more than $50 billion off the value of the market today after the US House of Representatives rejected a $US700 billion ($860 billion) plan to rescue the financial system.

Upwardly immobile: mortgage stress bites
Reserve Bank statistics do not begin to tell the real story of housing stress in Sydney's western suburbs, according to financial counsellor Mike Young.

Households give up three years of gains
AUSTRALIAN households have been hit so hard this year that their financial gains of the past three years have been wiped out, a Reserve Bank report has found.

Why Is There Need for a Bailout? - Nader

As Bush Admin Pushes $700B for Wall Street, Ralph Nader Asks, "Why Is There Need for a Bailout?" As the Bush administration intensifies its pressure for Congress to quickly approve a $700 billion bailout of the financial industry, we get reaction from Independent presidential candidate and consumer advocate Ralph Nader. Nader calls Democratic claims of White House concessions “wish fulfillment” and says the bailout might not be needed in the first place.

"Cash for Trash": Unwanted "Junk" in Hand, Demonstrators Head to Wall Street to Protest Bailout



Among the more than 100 protests against the $700 bailout plan is a rally today on Wall Street. We speak to Arun Gupta, a reporter/editor at The Indypendent newspaper, whose email to friends and colleagues helped inspire the protest. Participants are planning on bringing their own personal, unwanted “junk” to illustrate what they call the federal bailout of Wall Street’s worthless securities.

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Wall Street crisis: Poor to bail out the rich again “Rich people got it good in this country”, said African-American comedian Wanda Sykes on the September 24 Tonight Show with Jay Leno. “We refuse to let them not be rich. Think about it. Broke people are about to bailout rich people. This is what is going on.”

THEY WANT MAMA TO MAKE IT ALL BETTER! Rep Kaptur 'Rep. Marcy Kaptur gets it right — sort of. Wall Street and the banksters are not irresponsible, as she claims, they are criminals who methodically plotted to loot as much money as they could from the markets and then turn the corpse over to the American people, who they know will be obliged to pay for the damages.'

Bailouts Will Push US into Depression
Infowars.com 'The end result of the global economic slowdown may be the U.S. announcing national bankruptcy as the government cannot afford the bailouts that it promised and the market will not bail out the government, Martin Hennecke, senior manager of private clients at Tyche, told CNBC on Thursday.'

Flashback: Ron Paul on the Coming Economic Collapse Who is Ron Paul? What does he stand for? Ron Paul is a nine term Congressman and Presidential Candidate whose passion is monetary policy, Dr. Paul has served on The House Banking Committee and The Financial Services Committee. If anyone is in a position to know what our country has in store financially, it is this man. In this amazing interview with Michael Maloney of Goldsilver.com Presidential Candidate Ron Paul warns what lies dead ahead for our country if we continue on our present path.

Protest Against the Bush Bailout on Wall Street Take the money from the war and give it back to the poor. Yay!

KR # 64 More Debt Required mp3 plus related stuff What is money, credit, debt etc...why do we need more of it credits: excerpts of 'Money as Debt', old popular movie clips, media clips, Laurie Anderson with 'National Debt', Jon Stewart, Clarke and Daugh with 'Dubious Agency Advice', various electronica, Stewart, Clarke and Daugh with 'Dubious Agency Advice', various electronica, Sydney Indymedia.

Financial controlled demolition ! like 911

Afshin Rattansi & Max Keiser on Goldman Sachs & Toilet Paper


Afshin Rattansi in Tehran talks to Max Keiser in Paris about the end of Wall
Street, dollars and toilet paper - and Morgan Stanley and Goldman Sachs
no longer being investment banks.



Max Keiser: Follow the Money

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Save children not Wall St
The head of World Vision Australia, Tim Costello, says the global market turmoil is threatening progress being made on reducing world poverty.

Bush Admin Faces Congressional Skeptics on $700B Wall St. Bailout


Both Democratic and Republican members of the Senate Banking Committee lambasted the Bush administration’s proposed $700 billion bailout plan Tuesday. Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke repeatedly clashed with almost every senator on the committee, all of whom focused on Wall Street’s culpability for the crisis. Many also brought up executive pay and emphasized the need for oversight of the Treasury.

Naomi Klein: "Now Is the Time to Resist Wall Street's Shock Doctrine"


While the collapse of this country’s financial system continues to send shock waves around the world, we speak to the bestselling author of The Shock Doctrine. Naomi Klein says the public should be wary of the Bush administration trying to use the crisis to push through more of the radical pro-corporate policies that helped cause it in the first place.

No to Wall Street bailout! The plan, which is being rushed through Congress for passage this week, is the response of the government and the entire political establishment to what is acknowledged to be the greatest economic crisis since the Wall Street crash of 1929. It calls for an unprecedented transfer of public funds to the major banks and the American financial elite at the expense of the broad mass of the people.

Amidst Wall Street Woes, Labor Activist & Writer Bill Fletcher on “Solidarity Divided: The Crisis in Organized Labor and a New Path toward Social Justice”


While the press has extensively covered the Wall Street meltdown, little attention has been paid to what this means to the American worker. We speak to longtime labor activist and writer Bill Fletcher, co-author with Fernando Gapasin of the new book Solidarity Divided: The Crisis in Organized Labor and a New Path toward Social Justice. Fletcher is the executive editor of BlackCommentator.com and the former president of TransAfrica Forum.

The $75 trillion American fiscal fright fest America's out of control, drowning in debt, gorging: $75 trillion and getting worse. Now we're dumping Fannie and Freddie on America's balance sheet. Every year we pile trillions more on future generations.

Awkward questions about 9/11

We will discuss a documentary which is probably the most important film made so far on 9/11. It's called "Zero" and Russian television is showing it in prime time on the eve of this week's seventh anniversary of the attacks in New York and Washington.

Zero: An Investigation Into 9-11 - part 1

Zero : An Investigation Into 9-11- part 5. More about the Pentagon attack and impossible flight patterns. ZERO: An Investigation into 9/11, has one central thesis - that the official version of the events surrounding the attacks on 9/11 can not be true. This brand new feature documentary from Italian production company Telemaco explores the latest scientific evidence and reveals dramatic new witness testimony, which directly conflicts with the US Government's account. Featuring presentations from intellectual heavy weights; Gore Vidal, and Noble Prize winner Dario Fo, the film challenges assumptions surrounding the attacks. In the words of the Italian daily newspaper, Il Corriere de da Sera, "What results is a sequence of contradictions, gaps, and omissions of stunning gravity." The importance of this film can not be overstated. If its thesis is correct, the justification for going to war in Iraq is built on a series of outrageous lies.

The official version of 9/11 questioned On the anniversary of 9/11, an Italian-produced documentary called ZERO, investigating the tragedy, is opening in Russia. The documentary has already sparked controversy and U.S. networks have rejected the film, as the authors believe that the official version of events surrounding the attacks can't be true.

Zero: an investigation into 9/11' 14 min trailer On September 11th 2001 two airplanes piloted by terrorists hit the twin towers causing them to both collapse. Is this the whole story?

ZERO: An Investigation into 9/11, has one central thesis - that the official version of the events surrounding the attacks on 9/11 can not be true. This brand new feature documentary from Italian production company Telemaco explores the latest scientific evidence and reveals dramatic new witness testimony, which directly conflicts with the US Government's account.

Featuring presentations from intellectual heavy weights; Gore Vidal, and Noble Prize winner Dario Fo, the film challenges assumptions surrounding the attacks. In the words of the Italian daily newspaper, Il Corriere de da Sera, "What results is a sequence of contradictions, gaps, and omissions of stunning gravity."

The importance of this film can not be overstated. If its thesis is correct, the justification for going to war in Iraq is built on a series of outrageous lies.


ZERO : An Investigation Into 9/11 - PART 10 of 10

Howard Stern - Jesse Ventura on 9/11 Howard has Jesse Ventura back on the show and he lets rip his views on the vietnam war, the gulf of tonkin false flag event, the PNAC documents, the new pearl harbor and 9/11...

The Secret Rulers of the World - New Link

The Secret Rulers of the World - Present/Past [part 1 of 29] The source of most if not all our woes, revealed (from the present to the past): Connecting the dots through ~3000 years of revisionist human history, spanning from the time of the pharaohs, all the way up to the present dynasties creating the New World Order, in a quest to perfect the enslavement of mankind. From pirates to banksters, to the ruling elite, who run the world's finances, the media and cover both side of nearly every conflict or war: the world may make more sense after watching this.

About the Producer:
As a child, she had many arguments between her parents over her father's ring, inscribed with "G", a compass and square. At a later age, years of intensive research led her to the identity , history and plans of a power "so organized, so subtle, so watchful, so interlocking, so complete, so pervasive" that even the known 'leaders' of the world are careful not to speak in "condemnation" of it.

9/11 Chronicles Truth Rising - 1 of 11
Alex Jones 9/11 Chronicles Part One Truth Rising Ground Zero New World Order David Icke Israel Nazi Zionism Apartheid 911.