This current financial crisis was designed, it didn’t happen by accident or magic!

Update: ΠΡΑΞΙΚΟΠΗΜΑ στη Βουλή: wp.me ΠΟΥΛΙΕΤΑΙ η ΕΛΛΑΔΑ: wp.me . Max Keiser’s 2nd interview on Al Jazeera (Greek subtitles, video-effects; Hi Res 1280×720). Βlog-post: wp.me UPDATE για SHORT SELLING: tinyurl.com

The global financial crisis is now officially turning into a currency crisis as predicted by Ron Paul and others years ago. With the new $1 trillion EU rescue package, central banks around the world are printing money out of thin air to prop up a failing system. The idea that American citizens are paying to [...]

Princeton professors Alan Blinder and Harrison Hong discuss the brewing financial crisis in the wake of the bankruptcy of Lehman Brothers and the buyout of Merrill Lynch, warning of the serious chance of a recession.

Visit www.NoSugarCoatedNews.com for related stories. Aaron shows you the devastation of the New 2010 Housing Crisis due to high unemployment. Aaron walks through a fairly new housing development in Lane County Eugene Oregon. Almost every other home is empty due to foreclosures or lack of buyers.

More at therealnews.com In the third segment of Senior Editor Paul Jay’s discussion with Leo Panitch, Leo explains how the credit crunch will affect state and municipal governments. Leo points out that the Great Depression had its roots in the bankruptcy of state and municipal governments, offering that in such a situation the national government [...]