Economic Apocalypse USA, Day 4

>
Sat 8 Nov 2008 | 4:06 EST

Wellcome to my, witch has come now my daily "On-Line Threat", concerning destruction of economical basics of USA today. I won tell you all over, what is history to this threat, just take fast overlook to previous threats made in ATS with same type of headline...

Day 1: Predictions
www.abovetopsecret.com...
Day 2: Diary Begins
www.abovetopsecret.com...
Day 3: Boogieman in markets
www.abovetopsecret.com...

Dear Diary,

MY TOUGHTS FROM DAY 3

After sleeping over night, and when looking what happened yesterday, it was clearly day of unexpected. I give to day "Boogieman" headline, because that is what I saw all day over there... When momentums goes without natural sense, and markets, and MSM is giving signs what can not understand.

Without ANY reasonable point, markets balanced after great losses in previous two days, and after all, then we saw that same last 30 min rise up, what has move statistics so many times before during elections, or in front of great meetings. Job Report was first devastating breaking news, and after AP change their tone after two hours, it was just all over just "big' news...

Fox and AP predicted results of markets 4 hours before closing bell. So they knew something, what is not reported, and everything went like they said it will... There was no news, no sign, nothing, what could predict green end to Dow. It was unrealistic... No matter if 1,2 million jobs lost, or Corporations drains from money, banks suffering from losses, states going to bankcrupt... Nothing of that we did see on DOW. Why? I just dont know!

I tought that day after elections, ok, now there is no reason for Mr Boogieman to show up in markets anymore, and reality is the one who will drive the market indicators, but, I clearly was wrong. Now I think G-20 meeting, witch is taking place this weekend, was a good reason for everything.

DAY 4, FOCUS ON G-20 SUMMIT

Today we dont have any Dows to follow... We have to try the situation without our forecast center, and our wild bands yelling concert, "Boys In Dow"

Sure we keep watching headlines, and make all those interesting quotes all day, but now is good times for SPECULATIONS! Thats what I hope from you too. G-20 is now, and they have Agenda there, what we dont know yet. But we do know something, and that is CHANGE.

What is tooking place over there. Most see that now is coming time to another step in NWO, another can say that now Eastern Coalition is saying lodly: NO TO NWO! We have signs from both sides.

In beginning I want to quote Russian President Medvedev from his "State of Nation" speech past week, witch was totally silenced out from US Media...

- Russia will push for reforms to global political and economic systems
- Russia will establish a self-sufficient financial system in the near future
- pledged that the implementation of the country's strategic programs will continue on schedule
- the global credit crisis is far from over, and the government and business must consider this factor in their planning
- the ongoing global economic crisis is no reason to nationalize domestic industries and banks

And what should be highlighted, in my point of view is this:

- Russia has sent its proposals on reforming the global economic system to the G20 nations

... AND!

- Russia should adopt legislation on establishing the country as a global financial center by the end of the year

en.rian.ru...

So this is the basics for my great speculations.

Russia, China and New Financial Order

Russia has given hard signs from its will to oppose US and Dollar hegemony... Have to stop this here.

... BREAKING NEWS!

Something has changed! I just remembered that "didnt he also mention about changing from dollars to rubles in oil trading?"

YES HE DID! But now, when I looked that same list of point in Medvedev speech, made by RIA Novosti, no sign of it in the report anymore!!!

Look my previous threat from this...
www.abovetopsecret.com...

I copy/paste to my article some of the most interesting quotes few days ago...

Quotes and bookmarks... Some of the most interesting quotes!

- Urged a switch to the ruble in payments for gas and oil supplies

If trading in Oil goes to Rubble, what does it to demand of Dollars? USA has been very hostile if anyone has even considered this before! I see economic warfare has begun against US Dollar Hegemony.

I didnt make that up my self few days ago... But this very important quote is now demolished from same article in RIA Novosti. Maybe its gone from all english articles all over the world too... What a hell? First they said, he said that, and now he has not said that... Distortion of the news? Yes.

Look the list now... No mention anymore.
en.rian.ru...

((( Everything is just lies... )))

I tought to write some other speculations, but this just turns my stomach around! I post this to you now, and continue later. Scene is yours...

BREAKING EDIT AT
Sat 8 Nov 2008 | 13:29 EST

This is more than surreal... Just crazy! I dont know if someone read this threat, or what... Just surreal. Yep. Line above is back in the report!!!

- Russia will continue its efforts to settle the post-Soviet conflicts over Nagorny Karabakh and Transdnestr
- Russia will use electronic warfare to counteract the U.S. missile shield
- urged a switch to the ruble in payments for gas and oil supplies

Its the last in the report... in totally different place where it was first time, but the line is back in new update... like sneached back to the story!

I feel that I just made history. This is more than crazy, I hope some of you did try to seek this from the list before today, but yes and anyway, now its back!



[edit on 8-11-2008 by JanusFIN]

I have to continue in this another "Flip-Flop" in MSM.

I think we all who understand the basics of financial markets do understand, what is the meaning, if some great oil producing country is about to change their currency from dollar to some another. And what is the impact from doing this to demand of dollar, and how its change value of dollar.

- Iraq did it, and it was attacked.
- Iran did it, and its under huge pressure ( They opened own trading place )
- Venezuela has proposed it, and its under pressure

If Russia, one of the most great exporters will do that, the impact is most great!

So I thought after Medvedevs speech, and news from it, that this is a clear sign, how eager they are in challenging US Dollar Hegemony... Is something dramatically changed after the speech, because national broadcasting company has erased this from their reports? I have to think now, yes.

WE HAVE TO FOCUS, POST AND REMEMBER!

In two days, I have witness two huge flip-flops in MSM. I have focused to Apocalypse in USA only few days, and already these turn arounds has happen twice. First it was the news from Job Report in US, and now Ruble Oil Trading news in Russia... We have to focus, and continue to remember, because the truth, is with great evidence already shown, behind these daily flip-flops in MSM.

When I start to write about this focus on G-20, my first point was to highlight pressure and proposal from Russia to all other nations in G-20. And how we get news after the speech, and before the meeting, that EU has accept joined proposals for new economical structure to the world.

REASONS FOR HIDING THE TRUTH

Why Russia wants to hide this fact, that they will rule out dollar from their markets... Maybe because joined G-20 nations just accepted all the proposals, made by Russia and China.

Just look the news, how they went this week...

Monday
Sarkozy urges swift, concrete action at G20

... But the White House cast some doubt on the chances that concrete decisions on reforms would emerge from the meeting as sought by Sarkozy, saying it was designed to identify problems that sparked the crisis and outline principles for reform.

www.reuters.com...

Tuesday
EU finmins back big reform agenda for G20 meeting

"It's very important to us that the suspicion does not arise ... that a European economic government is being established," German Finance Minister Peer Steinbrueck told reporters, adding he backed the general thrust of the French proposals.

www.reuters.com...

"The time is coming, we can no longer trust self regulation on financial markets," Dutch Finance Minister Walter Bos told journalists on the sidelines of a meeting in Brussels to agree the EU's position for a Nov. 15 summit meeting of leaders from the G20 nations in Washington.

www.reuters.com...

Russian President Dmitry Medvedev delivered his first state of the nation address to both houses of parliament on wednesday, when he said that russian proposal has send to EU... It has been in news since, that EU is very tight together behind these joint proposals!

Wednesday
U.S. to urge G20 not to use crisis to thwart trade

"This summit and this process is not about discarding market principles or moving to a single global regulator," a U.S. official said. "We believe there is little support in Europe or elsewhere for empowering a single global authority to regulate all of the world's financial markets."

www.reuters.com...

Friday
Obama seeks stimulus as jobs die, carmakers bleed

European Union leaders also met in Brussels ahead of a global summit in Washington next week, and French President Nicolas Sarkozy said they were united on an aggressive plan to reform the global financial system.

This is in news, like all have the common voice, but still we can read this type of flip-flop headlines...

Kremlin on lonely G20 crusade against Washington

Russia is using the global financial crisis to attack U.S. policies and to try to reduce Washington's influence, but many countries are looking forward to Barack Obama's presidency and few are likely to follow suit. ... "We need to radically reform the political and economic systems. Russia ... will insist on this."

www.reuters.com...

And we see this common pressure together...

EU vows big reform push at Washington G20 meeting

President Nicolas Sarkozy vowed on Friday that Europe would head to a world summit in Washington next week united behind a French-inspired agenda for revamping the global financial system.

"The time when we had a single currency (the dollar), one line to be followed, that era is over and it came to an end on September 18 when responsibility was taken without our opinion being asked with the failure of a major banking institution (Lehman Brothers), and the consequences all follow from that," Sarkozy said.

Germany has long opposed a French idea for an "economic government" of Europe, suspecting it would undermine the independence of the European Central Bank (ECB) and that it is a Trojan horse for a French grab for power.

www.reuters.com...


Ok, lets make this to arguments...

- There are several interesting signs from conspiracy, behind conspiracy. Thats a fact, that Russia did send their proposals, and France has accepted soon before any summits. Russia has threaten to collapse the value of dollar if they are not heard, and we see, that they are. ( Erasing their threat from public eye...)

- They are ready to move global economic capital to Moskow by the end of this year, so NY will be erased from its position. Why? Because USA is doomed, what ever will happen, because of huge debt in Fed and State. Apocalypse USA is eminent.

- There is miss informnation out, that "Russia is in lonely crusade," witch is a clear lie. Russia and China is behind all these new proposals, and France, the long lived critic of Iraq war, is not against these proposals, but have joined all EU nations behind it. How? We see very nice quote from Sarkozy over there...

"...came to an end on September 18 when responsibility was taken without our opinion being asked with the failure of a major banking institution (Lehman Brothers), and the consequences all follow from that."

There is the hook! US act against major bankers of EU, when they let Lehman to fall, and that was act of war against Elite in Russia and Europe. Now we know that there is only 3 major banks left in USA, and that is too small group to lead the whole worlds economics in the eyes of EU Elite.

interesting quote is also that Germany has had "...suspecting it would undermine the independence of the European Central Bank (ECB) and that it is a Trojan horse for a French grab for power." This problem is solved, when Russia is behind these acts, and Moskow is the one where all new powers to be moved, like Medvedev said, "...by the end of this year!".

Then its not France, nor Germany, witch will take the leaders position in global finance markets, but Russia! And China backs this movement.

MOSKOW, CAPITAL FOR NEW WORLD GOVERNMENT

Its interesting what we meet these days. Polar Shift is now happening in world of finance, in wealth, and what is the impact, when NY loose its position to be global finance headquarter, and all the great decisions will be make at Moskow from begin of next year.

Believe it or not, thats the only true breaking news we can understand now.

This also explains, why Russia has been shown to be the only country who is opposing this New World Order, and they take guys like Alex Jones to their MSM broadcasts now, I can see it... THAT IS THE LIE!

[edit on 8-11-2008 by JanusFIN]

www.suntimes.com...

If you hire a shark, does that make you a shark? If you send in an enforcer, are you, de facto, an enforcer, too?

I am here on Day Four.

This is my 2 cents.

Hiring Emanuel shows Obama's hand.

Emanuel is to Obama as Kamo is to Stalin.

Obama, I believe is a person who wants the best for all. Altruism seems to be the term used yet Obama may justify mercy killing in his scope of truth.

Do not believe for a minute that Obama is choosing his fellow comrades by himself. He has a big job to do if he is to tame the free loving USA into a socialist state.

So far as his pick of Emanual Obama has showed us his Ace of Clubs. This is the man who pounded the steak knife into the table at a public dinner screaming out the names of his enemies.

Is'nt politics wonderful.

Food, a biosurvival fundemental, may play a role with Emanual once again, as he may stab the steely knife into the heart of free capitalism, disrupting ancient boundaries set by those who are long dead, bringing to the forefront the very reason the boundaries were set by the ancient ones.

The reason for the ancient boundary was food, shelter and pursuit of happiness.

The thwarting steely knife stops the pursuit of happiness in lew of food, shelter.

I await in tense observation.

If I see the carcass of free capitalism I will flee to higher ground.

i'm sorry to tell you this, but russia has recently shut down it's entire stock market a few times. russia has an incredibly bright and resourseful populace, but has been beaten down by oppressive and harsh governments of the past to such a degree that its people are having a hard time trying to grow into a strong democratic, socially viable, country. the people of russia need a government that they can trust. a government that promotes civilty and fairness to all of its people, and it has to come from the top down to show the common people that corruption will not be tolerated even from its leaders and wealthy businessmen.

reply to post by whiteraven


Oh... I kill my own threat with my own long push-outs, but believe it or not, I had to do that previous post, where I collect the evidence for what I see most crucial to coming events! I will soon continue in that...

Talk of New World Orders, global stabilization and a 21st century Bretton Woods will dominate the early part of next week as finance chiefs gather in Brazil to prepare for the Nov 15 summit in Washington DC.

www.reuters.com...

Thanks from raising this another issue in here. I am focused now to G-20 summit, where global agenda is moving forward, and Issue you just raised up, belongs to that too. very important, in US point of view.

EMMANUEL AND APOCALYPSE USA

I have seen same type of guys, usually when running down some business in Europe. Ruthless guys, who dont care about people, but interests and agendas. He is clearly the opposite, what Obama is presented to be, as nice huspand, joining peace lover activist, who is liberal, and all of that crap... And that goes to big picture well.

There is raising confuse for what, why is that guy over there in beside of Obama...? Even those who have accepted the brainwash, have conserns from this guy... Why? Because he is the truth, and can be used as he is. In ruthless policy witch is taking place, they need order and decipline, and sure this guy is one of them.

I dont go to details from his past, because this bible name has already raised thousands of headlines to threats, but my short opinion is that: Apocalypse needs their knights, and he is the one in lead and charge right now. If you think NeoCons were bad, look the AIPAC over there!

Emanuel is clear sign how Apocalypse USA is gathering its force.

BTW, that site is now under attack. My navigator slows and drops speed when the linksite was open, I had to close it to continue elsewhere... Never done that before...

[edit on 8-11-2008 by JanusFIN]

[edit on 8-11-2008 by JanusFIN]

reply to post by jimmyx


First I pick up some of your thouhts and give my response to them...

"...but russia has recently shut down it's entire stock market a few times."

- Yes, thats true, but what that proves? Maybe they have been under financial attack, but does that change their defenses? No... Its just fuel their counter attacks. If float of investments are running out, it just maybe means that opposing forces are retreating from markets to save heavens... Stock markets are based on predictions, and when polar shift is about to happen, nobody knows the outcome, and how all will be settled after. Drawing capital out is natural, when great moves are about to take place somewhere. it doesnt mean that there is any kind of suffering in coming times, but investors are not aware who is in the coalition, or witch coalition is winning.

- Closing Lehman Brothers was act in this financial war, made by US, and retreat of capitals inside of that bank hurts all over Europe as well. That act was launched from USA, and now we see that USA is losing this war, when they lose NY to Moskow as leader of global finance structures.

"Russia has an incredibly bright and resourseful populace, but has been beaten down by oppressive and harsh governments of the past to such a degree that its people are having a hard time trying to grow into a strong democratic, socially viable, country."

- People have no value in eyes of interests and Elite. For those peoples in true power, we are just stupid cheaps, who doesnt deserve anything but fear and dominance from them, and for their needs. In their eyes, we should not talk about this at all, because we are too stupid to understand anything.

" The people of russia need a government that they can trust. a government that promotes civilty and fairness to all of its people, and it has to come from the top down to show the common people that corruption will not be tolerated even from its leaders and wealthy businessmen.

- Look Russia today, they have what you said they need. 90% of the population back ups Putin and Medvedev, two headed eagle of Russia. They do trust them, and look Medvedev speech what I posted earlier, isnt that speech you want Busk also to say? Democracy has another names: Corporation Corruption, and Dictatorship Of Majority. Russia is democracy, so what?

I have to say this now... Its also something what I am willing to talk today too..

- They use even Alex Jones their commentator from USA, in their headline news! And they give him airtime to speak what he wants, as long as he wants. Is Alex Jones in CNN? Never.

Thanks from your post!

[edit on 8-11-2008 by JanusFIN]

reply to post by JanusFIN


And who is the President of the United States? Hmmm. Well, I can answer that one. We have had President George Bush, a Republican for President since 2000. As a matter of fact, George Bush is President untill January 19/20 2009.

So what the hell, pray tell, are you doing on here running your key pads on and on about the economy and counting down the days after election day? Barack Obama and the new team won't assume power untill well after New Years. I'm assuming you knew that already when your started this thread, so why is it exactly then that you did start it?

reply to post by skyshow


My dear fellow ATS member...

This Threat has directly nothing to do with US president, believe it or not. My opinion about US presidential institution is more like this great 6 min movie tells you... Order Of The Cats In Mouseland! Check it out... Its great peace of art!

www.youtube.com...

Obama is just another cat, and directly he has anything to do with planning or controlling Agenda, he do as the Orders say, like did Mr Bush too, and still does, witch will cause destruction in near future, started now to come out just day after the elections... You see my answer to this countdown question also repeatedly in previous posts, so I will not repeat myself now.

Enjoy the video!

[edit on 8-11-2008 by JanusFIN]

reply to post by JanusFIN


I'm sorry. I guess I misunderstood, and jumped to conclusions. There have been so many rediculous threads lately about the new President, and I guess I thought this was just one more, albeit, far more elaborate than the others...I will watch your video, and reread everything. Again, my apologies....

Sky,

reply to post by skyshow


Or you can view it as the official start of the Lame Duck President.

Read the Reinhardt thread to get the jist of the Lame Duck context and you will then see why the countdown was started.

www.abovetopsecret.com...

Tommy Douglas was voted greatest Canadian as he was a mouse among cats.

Did not know that Keifer 24 Sutherland was his Grandson.

ATS never ceases to amaze me as I learn new things every day on the site.

By the way I live in Saskatchewan at the moment the bithplace of Tommy Douglas.

NOW..on with the Apocalypse.

FLASHBACK FROM DAY 1...

Just look awesome Youtube from Infowars... Check this out!

CNBC Interviews Peter Schiff:

www.youtube.com...

Real stuff from begin of Apocalypse USA.

Edit:

Ron Paul gets his support again, twice! It was funny that he mention that "Aint there a oll, where Ron Paul gets more than 50% support, but you Media ignored him..." Or something like that.

Keep Ron Paul up, guys! He Still IS the only hope.

[edit on 8-11-2008 by JanusFIN]

reply to post by skyshow


There is no reason for sorry, Obamania just taking over us all... You just cant hide the brainwash no more!

Have a nice day, hope to meet you again

Quotes of The Day 4

"While we must recognize that we only have one president at a time and that President Bush is the leader of our government, I want to ensure that we hit the ground running on January 20th because we don't have a moment to lose," said Obama.

- Hit the ground? Where is the bottom then?

"The day after the election, I had many more calls than usual from people looking for semi-automatic rifles," said David Greenberg, the owner of the Second Amendment Family Gun Shop, in Bisbee, Arizona, who sold out of AR-15 rifles in recent days.

- Reason, or another, but this is the way how Apocalypse is done.

``It's not as good as it might have been, but neither was it as bad as it might have been,'' said Frank Betz, a partner at Carret Zane Capital Management

- It always can be more worse...

“This is not necessarily the end of the road for General Motors, but they can certainly see the end of the road from where they are right now,” said Aaron Bragman, an automotive analyst at consultancy Global Insight.

- Meaning even more bigger trucks?

``Business is booming,'' said Tabach-Bank, the chief executive officer of Beverly Loan Co. in Beverly Hills, California. Beverly Loan is a pawnshop.

- Thats the place for future Paparazzi snipers!



[edit on 8-11-2008 by JanusFIN]

Baron Rothschild shares most people’s view that there is a New World Order!

I just found something very important when I was reading and collecting "Bloggs of the day 4" to you...

Rothschild: The first barons of banking

“We have had 250 years or so of family involvement in the finance business,” says Baron Rothschild. “We provide advice on both sides of the balance sheet, and we do it globally.”

- Thats something we know, uh? Yes, you have financed both sides of all wars, me know, you bastard! You should be punished from what have you done. Dont you too forget his name, when our time is up down here...

In the 1820s, the Rothschilds supplied enough money to the Bank of England to avert a liquidity crisis. There is not one institution that can save the system in the same way today; not even the US Federal Reserve.

- That money hasnt gone nowhere, it was all loans! You writer of the story just forget the Rothschild him self? And then you eat this crap...

In 1982 President Francois Mitterrand nationalised all the banks, leaving him without a bank. With just US$1 million (Dh3.67m) in capital, and five employees, he built up the business, before merging the French operations with the rest of the family’s business in the 1990s.

- Yeah right! And we all should believe this fairytale, how they have always been involved in everything, but suddenly with nothing? Where the wealth suddenly dissapeared, witch falls every single moment from all the worlds funds and debts, central banks and finance groups? And has fallen that 250 years he mentioned before? This writer has no glue, who he just met...

“There is no debate that Rothschild is a Jewish family, but we are proud to be in this region. However, it takes time to develop a global footprint,” he says.

- There is no debate, because they ARE! And they are proud of it.

Building a global firm before globalisation meant a mindset of sharing risk and responsibility. If you look at the DNA of our family, that is perhaps an element that runs through our history.

- Read > We make the first global firm, then we make globalisation. It need responsibility to run the world, but if you look the DNA of ours, bloodlines of Illuminati, you see that we have been kings long time.

Baron Rothschild shares most people’s view that there is a New World Order. In his opinion, banks will deleverage and there will be a new form of global governance. “But you have to be careful of caricatures: we don’t want to go from ultra liberalism to protectionism.”

- Didnt he just said "we" ...? YES: We lead it, its our business, and you should now understand whats coming! When this guy say "we dont want" I read the 100% opposite. No question about that.

So how did the Rothschilds manage to emerge relatively unscathed from the financial meltdown? “You could say that we may have more insights than others, or you may look at the structure of our business,” he says.

- This journalist is speaking with "god of crisis" ...

“We work in a purely advisory capacity. We don’t lend or underwrite, because that creates conflicts. We are sensitive to banking relationships. But we look to ensure financial flexibility for our clients.”

- We dont need to own banks, we own capital of those banks.

“It’s not transactions were are interested in, it’s relationships. We are looking for good businesses and good people,” says Mr Reynolds. “Our ambition is for every company here to have a debt adviser.”

- Its no matter what debt you take, from witch bank, it all goes finally to our pockets. Debt adviser is just our man in the house...

"Debt taker, is a good maker!!!"

In what the British press are calling “Yachtgate”, the tale involved Russia’s richest man, Oleg Deripaska, Lord Mandelson, a controversial British politician who has just returned to government, Mr Osborne and a Rothschild.

- Another evidence to that global financial headquarter is moving from NY to Moskow soon. Remember the guy Lord Mandelson! I will check him soon too...

So where would Baron Rothschild send his children today? “I would send one to Asia, one to Europe and one to the United States,” he said. “And if I had more children, I would send one to the UAE.”

- Its so damn hard job to rule the world alone, said the King...

Yep. Hard stuff for us in ATS.
I will post this article to breaking news too...

And dont forget to copy/paste this before its changed again!

www.thenational.ae...

EDIT:

Threat opened from this article in...
www.abovetopsecret.com...



[edit on 8-11-2008 by JanusFIN]

I am still moved by Rothschild founding, but lets look what other has been out in the blogs today...


BLOGS OF DAY 4


We only need one Bretton Woods II

Next Friday, leaders of several of the world's most powerful countries will gather at the White House to address the burgeoning global financial crisis. The November 15 summit and an accompanying series of smaller meetings will weigh the potential for reforms of the international financial system, leading the meetings to be dubbed a "Bretton Woods II", in reference to the New Hampshire conference held in 1944 that created today's main global financial institutions, the World Bank and the International Monetary Fund.

www.atimes.com...


Not Everyone Is Celebrating...

Why did Obama attend Bilderberg last summer? Clinton promised he would pass NAFTA at the Bilderberg meeting he attended in '91. This discovery was made via FOIA in black and white documents hidden in plain sight. It was the first piece of legislation he passed upon taking office. How many people are happy with the effects of NAFTA? Who's happy that most of our jobs and industry mysteriously left America? What promise did Obama make? What will he pass upon taking office?

www.rense.com...


Will Fortune Favour the Brave in This Crisis Investment Climate?

FORTUNE is said to favour the brave, but is it bold or foolhardy to venture back yet into bombed-out equity and other financial markets?

www.marketoracle.co.uk...


How to Survive the Coming US Dollar Collapse

Now that the US election is over, we get to think about the Future. And, no matter how you look at it, the entire world, the West particularly, is in for tough sledding financially.But then, on top of that, at some point later the USD will finally collapse. This is not something way way out there in the future. This issue is becoming a near term threat.

www.marketoracle.co.uk...

Headline news from Economic Apocalypse USA : Day 4

Doesnt look any better than yesterday, or day before... But, listing over all, lets remember the facts also tomorrow.


Regulators shut banks in Texas, California

WASHINGTON (AP) -- Regulators shut down Houston-based Franklin Bank and Security Pacific Bank in Los Angeles on Friday, bringing the number of failures of federally insured banks this year to 19.

biz.yahoo.com...


Berkshire Hathaway Profit Falls 77% on Investments, Insurance

Nov. 8 (Bloomberg) -- Billionaire Warren Buffett's Berkshire Hathaway Inc. posted a fourth straight profit drop, the longest streak of quarterly declines in more than a decade, as hurricanes hurt returns at insurance operations and investments lost value.

www.bloomberg.com...


Ranieri Becomes Victim of Crisis as Franklin Seized

Nov. 8 (Bloomberg) -- Lewis Ranieri, who helped create the mortgage-securities market in the 1980s while at Salomon Brothers Inc., became a victim of its collapse after his Houston-based bank was seized.

www.bloomberg.com...


More Grim Retail Data Ahead Next Week

As in the week just ended, the worst news of the upcoming week is likely to come Friday -- when the Department of Commerce reports on retail sales for October, a broader report than the already-reported dismal chain store sales data.

www.foxbusiness.com...


USG cuts 900 jobs as economy deteriorates

NEW YORK (Reuters) - U.S. building materials maker USG Corp (USG.N: Quote, Profile, Research, Stock Buzz) said on Friday it was cutting around 900 jobs, or 20 percent of its salaried positions.

www.reuters.com...


Scripps cuts 400 jobs, latest hit for US newspaper industry

US media company EW Scripps Co. announced on Friday it would cut 400 jobs as the weak advertising market inflicted another blow on the struggling US newspaper industry.

rawstory.com...


- And to the end, Humor of The Day 4


Forget Corn: Mushrooms May Hold Key to Energy Crisis

The Danish company's scientists in China, Brazil, Denmark and the U.S. are testing mushrooms and lichen to find one that will turn corn cobs and sugarcane stalks into biofuel.

www.bloomberg.com...

In opening of the day I found flip-flop from RIA Novosti news, where one of the greatest part of messages from Medvedevs speech this week was erased from its report, but just few moments ago, and 10 hours from posting this threat...

BREAKING EDIT AT
Sat 8 Nov 2008 | 13:29 EST

This is more than surreal... Just crazy! I dont know if someone read this threat, or what... Just surreal. Yep. Line above is back in the report!!!

- Russia will continue its efforts to settle the post-Soviet conflicts over Nagorny Karabakh and Transdnestr
- Russia will use electronic warfare to counteract the U.S. missile shield
- urged a switch to the ruble in payments for gas and oil supplies

Its the last in the report... in totally different place where it was first time, but the line is back in new update... like sneached back to the story!

I feel that I just made history. This is more than crazy, I hope some of you did try to seek this from the list before today, but yes and anyway, now its back there!

( Look my first post today... )

reply to post by JanusFIN


Russia is in trouble if oil prices stay as low as they are. That is why the Russians are feeling their oats. Low prices mean much less income, and their citizens will start to feel that crunch as services and pensions are cut.

Sat 8 Nov 2008 | 15:54 EST

Interesting News came up here on ATS.
www.abovetopsecret.com...

"SAN FRANCISCO (MarketWatch) - Swiss bank Credit Suisse Group said Saturday that it is shutting down a bond fund and its subfunds after their value was crushed by the global financial crisis, according to a published report.

The bank said it will close the CS Bond Fund (Lux) Target Return because the lack of liquidity in the market has made it impossible to sell assets to meet redemption requests, Reuters reported.

"In the course of the last days and weeks investors have significantly sold assets in a flight to liquidity. The volume of redemptions has meant that many subfunds have become too small to operate on practical and economic terms," Credit Suisse said in a statement."

www.marketwatch.com...

But link give only answer:

Story Not Found
The story you requested could not be found.

Censored? I have to check this later, but news is breaking...