Send Geithner to Prison for Lying to the American People Kurt Nimmo Infowars.com January 27, 2010 Rep. Darrell Issa, ranking member of the House Oversight and Government Reform Committee, has the goods on Treasury Secretary Tim Geithner. Earlier this month, Issa received emails proving without a shadow of a doubt that the New York Fed under Geithners leadership withheld documents and delayed disclosures on AIGs swindle operation with Goldman Sachs, Deutsche Bank, and other international bankster criminal organizations. Russia Today report on Geithnergate. The New York Fed took over negotiations between AIG and the banks in November 2008 as losses on the swaps, which were contracts tied to subprime home loans, threatened to swamp the insurer weeks after its taxpayer-funded rescue. The regulator decided that Goldman Sachs and more than a dozen banks would be fully repaid for $62.1 billion of the swaps, prompting lawmakers to call the AIG rescue a backdoor bailout of financial firms, Bloomberg reported on January 7. Using Fed secured taxpayer bailout money, AIG paid several banks 100 percent of the face value of credit-default swaps, as other financial institutions were negotiating deep discounts for the unregulated paper assets that do not have to be backed by cash. It appears that the New York Fed deliberately pressured AIG to restrict and delay the disclosure of important information, said Issa at the time. Taxpayers deserve full and complete disclosure under our nations …
On the Sunday edition of the Alex Jones Show, We Are Change founder and activist Luke Rudkowski talks with Alex about the ongoing protests on Wall Street, where a large number of peaceful demonstrators were brutalized by the New York Police yesterday. Alex also talks with Infowars.com editor and journalist Aaron Dykes about his coverage of the Mountain Guardian exercise held in Denver, Colorado, last week. Alex also covers the latest news and takes your calls. www.infowars.com www.prisonplanet.tv www.infowars.net www.prisonplanet.com (Subscribe to Infowars Nightly News Today!) www.prisonplanet.tv
Climate a factor in Rome’s rise and fall -study
OSLO (Reuters) – Climate change seems a factor in the rise and fall of the Roman empire, according to a study of ancient tree growth that urges greater awareness of the risks of global warming in the 21st century.
UPDATE 1-Hardy Oil abandons Indian exploration well, shares fall
* Fails to find gas in commercial quantities * Shares down 14.6 pct (Adds details) Jan 5 (Reuters) – British oil explorer Hardy Oil and Gas said it abandoned a well in its key D9 explorationlicence in …
Hedge funds’ returns fall sharply in Nov
Year-to-date returns of these funds now under 10 per cent. Event-driven hedge funds were the best performers in November. Overall, global hedge fund performance in November is not bad.
Malaysia May Fall Victim To Thailand’s Tactical Ploy
GUANGZHOU, Nov 17 (Bernama) — Malaysia are concerned that Thailand may opt for a tactical ploy to meet Malaysia in the semifinals by losing to South Korea when both meet in a deciding Group match at the Haizhu Sports Complex here Thursday.
As the dollar and yen are soaring high, the other currencies are facing a huge depletion in their fund value. Money market news depicts this vulnerable situation as a loosely handled economic affair which has been affecting the world economy in a destructive manner. According to India money market news and Finance News India as well, dollar has emerged as the sole winner amongst all the major currencies including Indian rupee. This global financial crisis has left the corporate heads, investors, share holders and many other business entities completely shunned. Indian Currency Exchange Market
Necessary monetary and fiscal steps to protect economic growth seem to be the need and demand of the hour. As the stock exchange has suffered huge blows in fund values, various steps to cut down on monetary levels are being processed and worked upon. Cost cutting, restructuring of the employees, financial deductions and what not, almost all measures have been well decided upon by the global industry majors.
According to the stock exchange experts and renowned economists, funds investing in India is still a better deal as certain industrial arenas in Indian markets are showing up hyped profits as a result of which, Indian investors are sighing with relief. So much so that demands from overseas seeking help from Indian economy has been surging day by day. Belgium as well as the European Union has come up demanding support from India to fight and at the same time resolve the ongoing financial crisis by carving out a fine, stable and an altogether new global financial architecture. Indian Currency Exchange Market
As India money market and Finance news have pointed out, the sheer need of the moment is to create a functional and equitable financial structure. Finance experts have invented the techniques of dealing with the financial crisis and have suggested reviewing the lending rates and cost cutting at the same time. Private sector and foreign banks operating in India have pontificated to the same.
As the lending rates will undergo revision, the Finance news India have suggested that housing, personal and corporate loans in India are now set to be placed on lower rates and will surely get cheaper as the bankers are pressurized under the ‘do or die’ situation of financial disgrace. Other steps towards cost cutting that have lately come up are downsizing the employee section of well reputed companies and restructuring of the economies simultaneously in tandem. This does lead to unemployment and hampers the growth of the nation as well but not as effectively as the international economic crisis does.
As pontificated by a report on the Finance News India, the country is likely to come across zero or minimum inflation the nearing future, i.e. in 2009. And this is not just a prediction but a wise and well reasoned point owing to the economic breakdown and depleting commodity prices. This inflation will see reduced price ranges in the coming days, especially the base metal prices, various chemicals, fertilizers, etc. in the similar manner and in accordance with the inflation; deflation along with recession will form a vital deciding part of numerous industrial economies, as reported by Finance News India. Indian Currency Exchange Market
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Annual fall history tour to take place on Sunday
Jackson County History Center’s annual fall tour at 1:30 p.m. Sunday will take visitors to the Tipton Island monument atop the prehistoric Indian mound on private property in Redding Township. The property also is site of the former Pauley’s…