Tag archive for ‘Ally’
Obama wants illegal immigrants to vote (for him)
The above commercial is being run in several western and border states by the Obama campaign. Put simply - it’s an entire pack of lies and a shameless attempt to inspire ethnic and racial identification with Barack Obama and encourage illegals to try and vote for him in the General Election in November.
The advertisement, which [...]
Can Congress Bailout the US financial System? Should it?
(Washington, D.C. ; Right Commentary): To the American Public, the current financial crisis has many villains but none upon whom clearly to pin the blame. Taxpayers are angry at the notion of having to bail out banks, headed by millionaires, whom they believe cheated them out of values in their homes, and in some cases, [...]
Why the Fed saved AIG and not Lehman
(Washington, D.C. ; Right Commentary) The U.S. Federal Reserve Board reversed course Tuesday night and agreed to an $85 billion bailout of global insurer American International Group (AIG), giving the U.S. government an ownership stake in the troubled insurance giant.
Treasury Secretary Henry Paulson Jr. and the Federal Reserve Chairman, Ben Bernanke convened a meeting with [...]
Reserve Money Market Fund Collapses as Lehman default spreads through the market’s balance sheets.
The “Reserve Primary Fund”, just saw its shares fall below $1 a share. For all intensive purposes - this means that the money market fund has collapsed. This is the first, and perhaps most cataclysmic implosion following the wake of Lehman Brother’s collapse Monday morning.
What a Lehman Brothers Bank failure could mean for the US economy and banking system.
Even if Lehman can find a buyer, the venerable bank founded by Mayer Lehman in 1850, will be gone forever. Leaving only Goldman Sachs as the final bank standing of those banks that became New York financial titans founded by Jewish immigrants of the mid 1800’s.
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