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Originally posted by Hx3_1963
Here's something interesting that just poped up...
G-20 Meltdown - run on bank
[edit on 3/29/2009 by Hx3_1963]
Originally posted by Hx3_1963
reply to post by xoxo stacie
Star 4 U!
*I believe* you are correct...
The world has many different cultures, based on many different beliefs, built over many centurys....
These are their Identities, who they are...
To give up your identity....unthinkable...might as well be a number...
I was speaking to the president of a modestly-sized ag operation earlier this week and he said folks he's talking with are finding just what he's found, namely that banks may say he has a million dollar line of credit, but they are being very stingy about letting farmers actually draw against it this year. What this means is that here's something that's almost a lead-pipe cinch to push food prices up this summer: reduced credit for farmers (or severely restricted lending) coupled with high input costs, such that there will be less food this coming summer and fall.
More at Link...
Six Bloggers of the Apocalypse
If you spend enough time surfing the Web, you might think Nouriel Roubini, the pessimistic economist profiled in the April issue of Condé Nast Portfolio, is taking a walk on the sunny side of the street. There are bloggers who have been forecasting much worse for several years.
While bankers were still ordering $1,000 bottles of wine in trendy Manhattan restaurants, these internet Sybils of the impending economic apocalypse were already prophesizing food shortages and endless gas lines.
Some are on the right side of the political spectrum, others on the far left, but they all share one thing—traffic on their sites has increased exponentially since Wall Street began to implode last fall.
We caught up with a few of the more provocative doommongers to see what they think is coming next. Hint: Before reading further, you may want to uncork your most expensive bottle of wine. You’ll need it.
Financial Trouble For Mall Owner, Contractor Stops Work
The owner of a half dozen shopping mall properties in Utah is struggling to meet financial obligations, prompting a contractor to stop work on a nearly completed renovation at Fashion Place Mall in Murray.
“We hope to get paid in the future, but until we do, we can’t continue,” said Bob Campbell, president of Camco Construction. Campbell estimated mall owner, Chicago-based General Growth Properties, owes his company up to five million dollars. “They had been paying us until several weeks ago, but the payments stopped,” Campbell said.
That has a trickle down effect. Since Camco has not been paid, neither have subcontractors. Some outdoor storefronts, in a Fashion Place addition, have not been finished. Camco filed a lien on the mall property two months ago.
“We hope to work with our contractors to restart work and wrap the project up as soon as practical, but our discussions with them are private,” said a General Growth spokesman. The company also owns the Cache Valley Mall in Logan, the Newgate Mall in Ogden, Provo Towne Centre, Red Cliffs Mall in St. George, and the site of the now demolished Cottonwood Mall in Holladay.
General Growth said it has “slowed the Cottonwood project due to market conditions,” but one remaining business on the site will no longer wait for a turnaround. Utah’s original TGI Friday’s restaurant announced it’s closing its doors this weekend, after more than 20 years in business. Owners of the eatery cited “stalled construction and slumping business environment” surrounding the center as reasons for the closure.
"It's going to be sad,” said bartender Barbarella Bown, who has worked at the restaurant since day one. “ We have family, friends, you know it's going to be hard. Hopefully, they follow."
Four General Growth shopping centers across the country have gone into foreclosure within the past month, according to a report by the Real Estate Channel. Two of the facilities are reportedly in Texas, one in California, and another Louisiana, outside New Orleans.
The company said it is continuing to work with lenders, in hopes of restructuring debt. But it is also not ruling out the sale of any specific properties, or filing for bankruptcy protection.
In a letter to Fashion Place project subcontractors, Bob Campbell said he has a good relationship with General Growth, but maintained “they have no adequate reason to not pay us.”
I'm glad some people are starting to see the reality and gravity of what exactly is at stake.
All the globalist always had this in mind when the decided to go along with a global governance. That being they want to be in complete control. You have to take into account the mindset of somebody that agrees with globalism and complete world domination.
They all want to be in the top seat. Their personal ideologies and they way they think things should be run will conflict. None of them believe in any form of economy all they want is the power.