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Euro Falls Most Against Dollar Amid European Banking Failures
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Sept. 30 (Bloomberg) -- The euro fell the most against the dollar since the introduction of the shared currency in 1999 after France and Belgium led a state-backed rescue of Dexia SA, as the widening financial crisis forces governments to prop up financial institutions across Europe.
The cost of borrowing in dollars and euros reached record highs today as banks' reluctance to lend at the end of the third quarter exasperated the freeze in global credit markets. The dollar rose against the yen on speculation the U.S. Senate will salvage a $700 billion bank-bailout plan as early as tomorrow after Congress rejected it yesterday.
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Durbin raps anti-Iran rally organizers
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A top Senate Democrat criticized the organizers of an anti-Iran rally.
U.S. Sen. Dick Durbin (D-Ill.), speaking to Jewish and Israeli media on an Obama campaign conference call Friday afternoon, said there were "basic mistakes made by organizers of the rally" in the "way invitations were issued.".... |
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U.S. Treasury proposes $700 billion Wall Street bailout plan
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Um.......two words people.......... HOLY SHIT!
WASHINGTON (Reuters) - The Bush administration proposed a $700-billion taxpayer-funded plan on Saturday to buy up toxic mortgage-related securities in an urgent effort to calm financial markets and attack the nation's housing crisis......
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9/11 Truth Has Failed To Create Change
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by Lee Rogers
It is now seven years after the attacks of 9/11 and there is little question that the official story of these events is a complete fraud. Unfortunately, the corporate controlled media has successfully demonized and discredited people who have done legitimate research on these events and question the official story. The media has also used the outrageous and over the top antics of certain people in the 9/11 truth movement to add fuel to this fire. ....... |
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29 Bank Failures and Counting
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Link to the FDIC http://www.fdic.gov/bank/individual/failed/banklist.html |
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IAEA shows photos alleging Iran worked on missile
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VIENNA (AFP) - The UN nuclear watchdog has shown its members documents and photographs suggesting that Iran secretly tried to modify a missile cone to carry a nuclear bomb, diplomats said.........
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Russia rejects new measures against Iran
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MOSCOW (AFP) - Russia said Saturday it had rejected US proposals for new UN Security Council measures against Iran over its suspect nuclear programme amid deteriorating ties between Moscow and Washington. At a meeting Friday with diplomats from the United States, China, Britain, France and Germany, Russia "said it was against the development at this stage of additional measures in the UN Security Council," the foreign ministry said in a statement......
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Welcome!
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Welcome to the new site for the Truth Is Treason Show with your host AberyJane  |
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