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CNBC: AIG, Merrill, Lehman, all DONE!!!

Turn it on if you still got a t.v.

They are falling like flies.

These three will disappear tonight.

The rest, only a matter of time.

Quote: "Commercial investment banks will be extinct within a few months."

aVoiceof Reason provided some links:

watch live online:

http://www.cnbc.com/id/24...

http://www.cnbc.com/ (under the breaking news tab)



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Can

Can I correctly assume that it is the sheep that are losing their shirts on wall street this week? Should I feel bad about it? I dont. Maybe this will wake some of them up. I was advising my friends and family to get out of stocks last fall. I dont know if any did. I do know that two friends of mine that didnt heed my advice have lost just about everything they had in the market since. They listen to me now. Oh and AIG is reportedly done for if they cant raise 73 billion tomorrow. Now isnt that just stupid.

McCain

McCain and Bush both say the fundamentals are strong. I would like them to state what the fundamentals are and how/why they are strong.

It is becoming painfully clear to the sheep now

that all their faith in mccain/bush and the rest of the Ne-cons bullshit is nothing more than that plain and utter bullshit. This could be a good thing folks . Bush/Paulson/Bernanke and all of them are coming to the end of their rope.

~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~
Stop the NWO....It's just illumi..Naughty !

It looks like AIG came back from the dead to say ...

Goodbye.

I would be surprised if they keep their doors open this week.

As far as the OP goes, I was merely quoting the experts.

WAHOR!!
http://www.dailypaul.com/node/48994

Hey Paulson say's

http://biz.yahoo.com/ap/080915/paulson_markets.html
Theres nothing wrong. We the sheep should hold faith in the nations financial system. Everything is going to be alright you guys. We are all safe. Go out and take out some loans to have a night on the town. Yippee. Hip hooray.

150+ year old companies going down...

It's hard to believe that Merrill and Lehman have both managed to survive through a civil war, a depression, two world wars and multiple recessions but neither company can survive the 'so-called' recession that the media keeps telling us that we're in.

Dump the dollar and buy gold and silver while you still can!

-John
http://www.voteubele.com/AIPAC.htm
john@voteubele.com

Now for the big question.....

Who will sponser Manchester United next year?

HOW ABOUT A PARTY BOMB! View

HOW ABOUT A PARTY BOMB!
View Edit
Posted September 15th, 2008 by ruckmanite
It seems to me that if all of us switch to third party now, perhaps all on the same day it would create alot of news for the revolution especially with the way the stock market is headed. The headlines could be:

" worst day on wall street in 90 years appears to cause a loss of confidence in the democratic and republican parties as 100,000 former ron paul supporters launched what they called a party bomb today by signed up for the constitution party sending a very loud vote of no confidence in the two party system that has created the present financial crises".

This could be bigger exposure than ron pauls money bombs especially if we have a baldwin money bomb on its heels.

"Ron pauls assertion that the country would be better off without the fed and paper money while drawing criticism from wall street is apparently helping his supporters as 100,000 gave a vote of no confidence in the two party system by pledging 7 million dollars to third party candidate 'the day i take office the nwo comes tumbling down' Chuck Baldwin!

The two stories create a third story. problem (stock market) reaction (loss of confidence in fed and paper money) solution (switch to third parties).

Oh..

yah!! Par-tee!!

Excellent idea!

Let's all get this going as soon as possible! We may have a real opportunity here to further Liberty and hopefully keep the two bozos out of office!

Thank you for the reply

Thank you for the reply delegatedennis. I thought it was a pretty good idea too but so far you were the only person that commented on it. I put a post on the forum and no one hit it so it went off the chart. I thought it must not have been a good idea after all. I put it back up 3 times and finally got tired of commenting on my own post. Looks like it will go to oblivion unless people find it and comment on it . quess i'll try to put it at ron paul forums.

What is the cost of Fannie Mae and Freddie Mac bail out?

"Only a virtuous people are capable of freedom. As nations become corrupt and vicious, they have more need of masters." Benjamin Franklin
---

How much per individual will it be if we divide the cost by the U.S. population?

Or, how much per household will it be if we divide the cost by the number of households in the U.S.?

Will this number be a pretty good rough estimate of the cost of the bailout per tax payer?

government of the people, by the people, for the people
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Not sure where I read it

But I read somewhere that the Fannie/Freddie bailout will raise each American's debt by almost 8000.00 a head.

Rough estimates range

from $100 Billion to $250 Billion for the lowest estimate range.

I think that comes out to around $1k per person, as a minimum figure.
Could go alot higher than that as a maximum.

Republicae's picture

As with everything the

As with everything the government estimates, we should know by now that it is never as they state. The real cost of the bailouts will probably exceed $1.3 trillion. The real cost, when all is said and done, is likely to range between $1.3 trillion to $1.6 trillion, if not reach $2.5 trillion or more.

“Men do not willingly read unpalatable truths of themselves. The people like those best who fool them most by pandering to their vices and flattering their foibles”—Admiral Raphael Semmes.

http://militantjeffersonian.com

"We are not a nation, but a union, a confederacy of equal and sovereign States" John C. Calhoun

Bush just called it "adjustments" to the financial markets :)

What a bone head!!!!!!!!!

~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~
Stop the NWO....It's just illumi..Naughty !

Be careful... If you watch too much CNBC

You'll start thinking this is a good thing!

These hosts are like robots... with the exception of Rick Santelli who has at least pointed to the fact that the govt. is Socialists.

Mike
"Fire Team for Freedom" and "Revolutionary Business"
visit www.mikeandjake.com

Mike
"Fire Team for Freedom"
visit www.mikeandjake.com

Good point, Mike...

This morning they had a panel of like 5 or 6 guys. I ignored all pf them while waiting for Rick. Although he's no Dr. Paul, he probably the closest (other than Peter Schiff, of course) to him that I've heard. At least he tries to be honest...

Yours in Liberty,

Shovel

"Democracy is two wolves and a lamb voting on what to have for lunch. Liberty is a well-armed lamb contesting the vote..." ~ Ben Franklin

"The 'cost of freedom' is risk and responsibility..." ~ Me

Yours in Liberty,

Shovel

"Democracy is two wolves and a lamb voting on what to have for lunch. Liberty is a well-armed lamb contesting the vote..." ~ Ben Franklin

"The 'cost of freedom' is risk and responsibility..." ~ Me

Wall Street awakes to 2 storied firms falling

http://news.yahoo.com/s/ap/20080915/ap_on_bi_ge/financial_me...

Christopher Whalen, managing director of Institutional Risk Analytics, a research firm, predicts that approximately 110 banks with $850 billion in assets could close by next July. That's out of 8,400 federally insured institutions, he said, which together hold $13 trillion in assets.

Individual customers are starting to get nervous about the financial health of their banks for the first time in generations, he said. Whalen's firm analyzes the safety and soundness of banks for business clients, but began receiving inquiries from individuals in the past two months for the first time, he said.

"If we don't get ahead of this, we are going to face a run on the retail banks by election day," he said.

today = 88th Anniversary of Birth of Weimar Republic!!!

i googled: weimar germany burning german marks photos - and got this!
http://www.bitsofnews.com/content/view/5955

a new site for me. some good info and graphs...check it out!

check out the infamous photo at the bottom of the link of the woman burning
her german marks in her wood stove.

FROM THE ARTICLE!!!

Happy Birthday!

Which brings us to an ironic anniversary. While the Federal Reserve is busy monetizing debt by creating money out of thin air, today happens to be the 88th anniversary of the birth of the Weimar Republic.

Ron Paul is My President

Ron Paul is My President

Market Collapse-Heed Ron Paul's Predictions

Take a look at this video..............

http://finance.yahoo.com/tech-ticker/article/56654/Crisis-on...

GOD BLESS US ALL

from yahoo news...

http://news.yahoo.com/s/ap/20080915/ap_on_bi_ge/financial_me...

Ron Paul is My President

Ron Paul is My President

SILVER IS ALMOST PLUS as I write this 09:25:43 EST.

"Only a virtuous people are capable of freedom. As nations become corrupt and vicious, they have more need of masters." Benjamin Franklin
---

government of the people, by the people, for the people
---

NOW UP 3 CENTS! 09:30:03 EST

"Only a virtuous people are capable of freedom. As nations become corrupt and vicious, they have more need of masters." Benjamin Franklin
---

government of the people, by the people, for the people
---

OH NO, NOW IT'S DOWN 4 CENTS! 09:46:27 EST

"Only a virtuous people are capable of freedom. As nations become corrupt and vicious, they have more need of masters." Benjamin Franklin
---

government of the people, by the people, for the people
---

NOW, IT'S BACK UP 2 CENTS! 09:48:35 EST THE VOLATILITY

"Only a virtuous people are capable of freedom. As nations become corrupt and vicious, they have more need of masters." Benjamin Franklin
---

MAKES ME DIZZY!

government of the people, by the people, for the people
---

greed its the same old

greed its the same old pattern for the last month.. gold and silver are up overnight as much as 20.00 for gold and silver by 40 or 50cents.. then when US markets open and london closes the price gets hammered down!
pretty soon here they won't be able to do anything with it.. the Euro is looking weak the dollar is still weak, the money of last resort is Gold and silver.. it is just a matter of time till people throughout the world start to buy hand over fist! the Russian Government has over 500 billion in gold.. the Chinese have LOTS.. the arabs have LOTS.. they forsaw what was coming and bought on the cheap.. when the masses get it figured out that they have been raped they to will jump in and try to buy whatever sraps there are , but as we have seen silver is in shortage! there will not be much for people to buy except at much higher prices! what is that price 50 or 100.00 an ounce for silver? think people are going to sell when they know there isn't any! what about all the industrial users who could bring billions of dollars to the silver market to stock up in order to keep there manufacturing plants open! were talking all the major appliance makers.. electronics makers.. etc.. I wish people would have read butler... we are now starting to see what he has been talking about for 8 years!
this is gonna get good!