The financially stricken Greek government is beginning talks with the EU and the International Monetary Fund about a possible bailout. Greece has found borrowing from banks too costly recently and is struggling to refinance ancient debts. Let’s get some breakdown with economist and author William Engdahl.
Tag Archives: Bailout
Obama Bailout for Refinancing?
After the Recent Bailout Being Passed Will I Be Able to Refinance My Car?
The Forclosure Poem :Twas the Night Before Our Eviction (Refugees of the Economy)
Economy) Twas the night before our eviction From our flexible rate mortgaged house. No forward address, no 3-month security deposit no mean Joe the american bailout As the stock market just given up the ghost 6 & a half years to the day Joe refinanced . His non-union job downsized him to the position of a hula hoop dance vs. quitn where theres no more retirement or benefits just the subsidy of non gain full employment. As the result the children grow unaware, & hungry nestled 6 to each bed. …
Ron Paul Blasts Secret Government Running Economy
9/18/2008 Congressman Ron Paul has issued a stinging address concerning the financial crisis in which he outlines how the current economic problems, made via malinvestment and shift to a debt based economy, are now being mismanaged by private interests in secret. Whats more he says he is not sure the Federal Set aside has any thought what to do next and that the Congress is really oblivious to the whole sorry state of affairs – a brew of fundamentals he warns puts the middle class of America in serious jeopardy. Today we had a lot of financial fireworks in the markets, a lot of equipment are going on, and I reckon we are in the middle of a touch very huge. the Congressman stated. Speaking on the recent collapse and government bailout of numerous huge financial institutions he warned: Were talking about huge bucks, were not talking about hundreds of millions or even hundreds of billions, were talking about trillions of dollars, the obligation is immeasurable. The fascinating thing is that they (the financial institutions) dont come to the Congress, I mean the Federal Set aside buys them out, they own it. We as tax payers now own Fannie Mae and Freddie Mac and know one knows how much that will cost. They dont come to the Congress, we dont have appropriations, its done by secret government, private individuals behind the scenes maneuvering and manipulating and trying to patch equipment up. While in the meantime, Im sure theres a few people building a couple of bucks out of this whole …

