Bail Out For Dummies - Part 1

[Marc]

Zero Hedge believes it is a civic duty to represent the total melange of assorted concepts and alphabet soups in the ongoing debacle that is the Bail Out in a comprehensible and easily understandable context as the decisions the administration is making will have generational consequences. Therefore,...

[Marc]

They may feel like its all going to be fine but lets wait a bit...

WASHINGTON (Reuters) - Americans have grown more optimistic about the economy and the direction of the country since President Barack Obama took office in January, according to the latest New York Times/CBS News poll on...

[Marc]

WASHINGTON (Reuters) - U.S. congressional budget analysts have raised their estimate of the net cost to taxpayers for the government's financial rescue program to $356 billion, an increase of $167 billion from earlier estimates.

The Congressional Budget Office had originally projected...

[Marc]

By Michael J. Moore

April 6 (Bloomberg) -- CLSA analyst Mike Mayo assigned an “underweight” rating to U.S. banks, saying loan losses may exceed Great Depression levels and the government may be forced to take over large lenders.

Financial shares and major U.S. stock...

[Marc]

Satyajit Das, former derivatives trader, talks with Andrew Patterson on Radio Lives Sunday Business programme about the global deleveraging to come. He concludes banks need another US$1-3 trillion...

Part 1

From: http://www.youtube.com/watch?v=6IG9ZN_0aIk

Part 2

From: http://www.youtube.com/watch?v=FgL4mOEFnfI

Also...

[Marc]

From: http://www.youtube.com/watch?v=nCq8TrfYlzc

Also see: "Peter Schiff "Obama's Govt Will Unleash Worse Crisis Than We Have Now" click here..

Cheers

Marc