watch europe for the next few days

[muldoon]

going to abstain from commentary on this. 

http://www.telegraph.co.uk/finance/financetopics/financialcrisis/3124320/Greece-joins-bailout-stampede-as-Germany-vows-no-blank-cheques.html

[glenn kangiser]

Cool - the Bush Admin and banker fraud has destabilized the finances of the entire world.

[Sassy]

Does that mean the New World Order has succeeded?

[muldoon]

it means (to me at least) that much of the world is in worse shape than us right now. 

Several countries are seeing runs on their banks; greece, ireland, france and potentially england are moving to "protect 100% of all funds in banks, no matter what. 
http://www.forexyard.com/reuters/popup_reuters.php?action=2008-10-01T175027Z_01_L151927_RTRIDST_0_FINANCIAL-EU-WRAPUP-3

Singapore is stepping in to deal with the mob of angry protestors at AIG.
http://www.financialweek.com/apps/pbcs.dll/article?AID=/20080916/REG/809169995/1036

Iceland is on the verge of bankruptcy
http://www.bloomberg.com/apps/news?pid=20601085&sid=aVbEC63uIJ_c

Here is another link on iceland, I warn it is not an official news outlet, but if its true, its terrible.
http://ftalphaville.ft.com/blog/2008/10/03/16644/the-news-from-iceland-thetta-er-buid/
"The main supermarket can't get imported goods because they have no currency. The shops are half empty. One of the store managers has advised people to start hoarding. We're running out of oil. And winter came last night - about a month early."

France has announced this morning at 6:02am it has officially entered depression:
http://www.iht.com/articles/2008/10/03/business/03euecon.php
France PM then later announced at 8:34am that the world "on edge of abyss"
http://news.yahoo.com/s/nm/20081003/bs_nm/us_financial

Europe tried to launch their own bailout bill, for 300billion.  It is failing and falling apart
http://business.timesonline.co.uk/tol/business/industry_sectors/banking_and_finance/article4870873.ece

..
it also has crossed the atlantic -- Brazil has announced that banks do not need and reserves. 
http://g1.globo.com/Noticias/Economia_Negocios/0,,MUL783217-9356,00.html  (sorry portugese, nothing english yet). 

--
no more speculation or maybes -- this is meltdown in realtime. 

[ScottA]

It is painfully obvious we are now seeing something we have not seen before. The question remains where is this taking us? I've seen predictions this morning in congress of martial law and total economic collapse. If it has indeed gotten this bad then the time to act has arrived. I urge everyone to flood the congress with demands to return to the constitution. Forget the bailouts the entire system is crashing. Bush needs to be held accountable along with all those who helped set this up. When I see normaly sensable people talking about armed confruntation with those who caused this I know we've reached the point of needing to take action.

[glenn kangiser]

Planned one world government --- you have been being pushed toward this for years.

The conspiracy theorists were right all along.

[muldoon]

bailout passed. 
libor is standstill, bid only-no offers. 
commercial paper is shutdown - 90% of all medium and large companies use this for operations and payroll.  its done.
were dead on the floor. 
only thing left is the people to notice the emperor has no clothes. 
there going to be angry when they wake up. 

http://taxdollars.freedomblogging.com/2008/10/02/after-federal-bailout-aig-fetes-in-style-in-oc/?ref=patrick.net
I think this used to be alot easier for them before the internet let people exchange information. 
People were mad before and they had no idea what had been done to them, by who, and how.  I think this is different this  time around.  There will be hell to pay. 
--

we have been sold.
scott, I hear you - but personally. I am done with this congress. 

you guys be careful and god bless you. 

[glenn kangiser]

Hellova good party they had.

Thanks for your insight, muldoon. 

We can't deal with these criiminals.  Sassy did all the calling and got reassurances of "no" votes from all but they lied and voted yes showing their true colors.  She called again but these liars and fraudsters are in it for themselves - no cares for us. 

You take care also, do the best you can and hang in here with us.