Goldman Sachs Reveals That Bailout Cash Went Overseas

Goldman Sachs received a $12.9 billion payout from the government’s bailout of AIG, which was at one time the world’s largest insurance company.Goldman Sachs sent $4.3 billion in federal tax money to 32 entities, including many overseas banks, hedge funds and pensions, according to information made public Friday night.Goldman Sachs disclosed the list of companies [...] continue reading world news

Bank of England’s Mervyn King Warns Over High Inflation

Bank of England’s Mervyn King created £200 billion out of thin air:- Bank of England extends quantitative easing to £200 billionAnd now he warns over inflation. This is like nuking a country and then warn the people over radiation.Elite puppet Mervyn King is intentionally destroying the pound, looting the people, through quantitative easing (Whereas the [...] continue reading world news

Russia: Worst drought in a decade, high temperatures damaged 32 percent of land under cultivation, grain prices may double

Russia’s Drought Raises Bondholder Risk on PricesA farmer driving his tractor to harvest flax at a collective farm in the village of Mirny, in the Tver region (Reuters)Russia’s worst drought in a decade will probably generate losses for bondholders as food prices rise and the government may be pushed to tap debt markets for funds [...] continue reading world news

US: Consumer confidence retreats further in July

What confidence?- Total Desperation: Retailers Push ‘Christmas in July’Consumer Confidence Index erodes further in July to 50.4 as job worries take toll on outlookNEW YORK (AP) — Americans’ confidence in the economy eroded further in July amid worries about a job market that has proven stubbornly stagnant. The report raised concerns about the overall economy [...] continue reading world news

EPA Whistleblower On Gulf Health Risk Cover-Up: ‘People Who Work Near Corexit Are Hemorrhaging Internally.’

EPA Whistleblower Accuses Agency of Covering Up Effects of Dispersant in BP Oil Spill CleanupWith BP having poured nearly two million gallons of the dispersant known as Corexit into the Gulf of Mexico, many lawmakers and advocacy groups say the Obama administration is not being candid about the lethal effects of dispersants. We speak with [...] continue reading world news

TARP Watchdog Neil Barofsky: US Taxpayers On The Hook For $23.7 Trillion

See also:- Obama Bankster Bill Lets Banks Have US Over A Barrel Again (Telegraph)U.S. Treasury in WashingtonJuly 20 (Bloomberg) — U.S. taxpayers may be on the hook for as much as $23.7 trillion to bolster the economy and bail out financial companies, said Neil Barofsky, special inspector general for the Treasury’s Troubled Asset Relief Program.The [...] continue reading world news

EU Plans ‘Toughest Ever’ Package Of Sanctions Against Iran

The European Union is to target Iran with its “toughest ever” package of economic sanctions directed at officials, banks and the country’s oil industry. Iranian President Mahmoud Ahmadinejad Photo: EPALegally binding measures to be agreed on Monday will go far beyond existing United Nations measures against Iran’s nuclear programme.Officials said the impact of the measure [...] continue reading world news