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FBI Launches Fraud Investigation Into Fannie, Freddie, Lehman, AIG By Jason Leopold The Public Record Tuesday, September 23, 2008 Published in : Nation/World http://www.pubrecord.org/nationworld/345-fbi-launches-fraud-investigation-into-fannie-freddie-lehman-aig.html The FBI has...

Breaking news...

One thing is for sure; with your arrival, whatever the old number was, add one.

Great post! This should start some truly intelligent discourse, hopefully. If 5 Trillion is what will be needed, I really fear the future.

Paul Joseph Goebbels, is that you?

This is a sad commentary on the state of the nation.

Saw that! Yes! Bill Poole (former fed governor) said Bernanke and Paulson are proposing an untenable solution, because defaulted mortgages are impossible to value, and the answers they gave don't clear up how much will be bid for them.

At least I received a little when Jim Bunning put the heat on Paulson, asking him how he could claim ignorance of the regulatory lapses when he was the CEO of Goldman Sachs. Watching Paulson stammer, stutter and turn red made watching this worth while. Why isn't Jim Bunning running for...

I hope I'm right, and fear that I'm wrong.

Bernanke, when asked how any 'auction' to buy financial assets with taxpayers' money would work, said "we need to consult with experts to determine that." Come again? You and Hank are asking for a trillion dollar blank check, and you will have to "consult with experts?" You haven't done...

George Will is credible. He's not a 'Fox News' op/ed mouthpiece (hired propagandist). He's consistent and principled.

Go back to last week! <object type="application/x-shockwave-flash" data="http://static.reuters.com/resources/flash/include_video.swf?edition=US&videoId=90719" width="422" height="346"><param name="wmode" value="transparent" /><param name="movie"...

I don't think it would happen. World powers would intervene. It would reduce the purchasing power of Americans so much relative to imports that it would throw developing (and developed) countries into depressions.

When Paulson and Bernanke can't even explain how the auction process would work, and trust me, they've admitted as much, they MUST BE OUT OF THEIR MINDS to even waste the Senate's time. Every senator should kick them out and tell them to come back with some reasonable set of specifics.

He asked Paulson "why not start with 100 or 150 billion, and see if it works? It's not as if you're going to spend the whole 700 billion in even three or four months, by your own words." Paulson's asinine answer was "we need the whole sum upfront and don't want to come back to Congress...

More than that turned out for Hanna Montana. But I know that she's smarter than neoPalin.

http://globaleconomicanalysis.blogspot.com/2008/09/senator-email-blast-list-simplified.html Monday, September 22, 2008 Senator Email Blast List Simplified: Flood Them With Emails With One Click In at least one email please send your senators a brief message to consider the Mish...

simon, sthu. Thanks. vv111y - I'm pretty sure the site is legit - not positive. Here is an alternative set of sites - http://globaleconomicanalysis.blogspot.com/2008/09/phone-and-fax-numbers-for-all-us.html Here is a list of phone, fax, and email address for all US senators: United...

Click below, and sign the petition, to do the only thing you can to stop the biggest fleecing of U.S. taxpayers in a single legislative act in U.S. History - let your representative know you will not vote for them if they vote for it. http://financialpetition.org/petition-nobail.shtml Stop...

Top notch journalism. Really. Bravo, Sean. You are the Walter Conkrite of your times. I mean, you embarrass Ted Koppel or Tim Russert. Palin really had her work cut out for her with the large, soft melons you pitched slowly across her plate, wanker. If the media was truly liberal and...