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Bilderberg Elite Plan Economic Depression

Bilderberg Elite Plan Economic Depression

Noworldsystem.com
May 14, 2009

The 2009 Bilderberg Group meeting kicked-off today at Vouliagmeni, Greece (Nafsika Astir Palace Hotel) and will end May 17th, 2009. Bilderberg is an annual event where influential globalists from Europe and America get together and discuss plans that subsequently cause world events such as global taxes or an economic depression that will benefit the New World Order agenda.

Bilderberg guests mainly include: U.S. presidents, prime ministers, politicians, central bankers, defense experts, royalty, mainstream and internet media moguls and internationalists from Europe and America.

Last year in Chantilly, Virginia the meeting included the likes of Fed Chairman Ben Bernanke (pictured), Hank Paulson, David Rockefeller, Henry Kissinger, current Treasury Secretary Timothy Geithner, Condoleezza Rice, Google CEO Eric Schmidt, Madeline Albright and numerous other Trilateral Commission and Council on Foreign Relations members. Here’s the entire 2008 Bilderberg list.

According to Bilderberg Investigator Jim Tucker, the discussions in 2008 dealt with implantable microchips which would be used as a credit card and an identification device. Tucker emphasized that the Bilderberg was discussing the microchipping of humans on a mass scale which would be introduced under the pretext of fighting domestic terrorism. Microchipping the masses “under the heading of resisting terrorism there were points made about how the terrorist organizations are recruiting people who do not look like terrorists – blonde, blue eyed boys – they’re searching hard for those types to become the new mad bombers,” said Tucker. [Source]

This is very ominous since Homeland Security’s current fight against Islamic terrorism has turned into a fight against domestic extremism. Groups and activists against the government are now being called potential terrorist, and extremists by Homeland Security. [Source] A microchip could be a way to rout out dissent, where only the complacent will be allowed to travel freely on airports just so long as they have their microchip that could be scanned and information stored in a database.

The 2009 Bilderberg conference will consist of individuals like James Steinberg, current Treasury Secretary Timothy Geithner, World Bank President Robert Zoellick, European Commission head Jose Manuel Barroso, Queen Sofia of Spain and Queen Beatrix of the Netherlands and many others. It remains to be seen if “Don’t Be Evil” Google CEO Eric Schmidt will attend this years meeting.

Both investigative journalists Daniel Estulin and Jim Tucker have sources inside the Bilderberg group, and both have been proven to be deadly accurate. Jim Tucker reported that regular attendee Carl Bildt “made a speech advocating turning the World Health Organization into a world department of health, advocating turning the IMF into a world department of treasury, both of course under the auspices of the United Nations.”. Tucker states this is a giant leap twords World Government. Tucker said Bilderberg members will stress to the public that the problem of global economic crisis and a global flu pandemic will be the justification for the centralization of power. [Source]

Daniel Estulin’s sources say that Bilderberg plans “either a prolonged, agonizing depression that dooms the world to decades of stagnation, decline and poverty … or an intense-but-shorter depression that paves the way for a new sustainable economic world order, with less sovereignty but more efficiency.” [Source] Tucker agrees saying the “Treasury Secretary Geithner and Carl Bildt touted a shorter recession not a 10-year recession….partly because a 10 year recession would damage Bilderberg industrialists themselves, as much as they want to have a global department of labor and a global department of treasury, they still like making money and such a long recession would cost them big bucks industrially because nobody is buying their toys….the tilt is towards keeping it short,”

Daniel Estulin predicted from his Bilderberg sources that the housing crash and the 2008 financial meltdown was a result of what the Bilderberg were planning at the 2006 meeting in Canada, 2007 conference in Turkey.

Estulin’s Bilderberg insider-source got this information from a pre-meeting booklet which were handed out to Bilderberg members. Estulin warns that the Bilderberg is fostering a false sense of recovery of the economy, suckering investors to plunge back into the stock market to only unleash another massive downturn which will create “massive losses and searing financial pain in the months ahead,”. [Source]

Jim Tucker said Bilderberg also discussed the emergence of a global carbon tax which will be paid directly to the United Nations. Tucker said it will be introduced to the public gradually such as a barely noticable tax at the gas pump, which will later be increase once it has been established.

Another topic that Estulin points out that Bilderberg will push for the enactment of the Lisbon Treaty, a key centerpiece of the agenda to complete the European Union. The Irish will most likely be coaxed to vote ‘yes’ on the treaty even though they were very successful in rejecting the first treaty. Tucker’s sources say Bilderberg were planning to privately send representatives to Ireland to talk to political leaders in an effort to push the treaty through. Estulin writes that the Bilderberg will also try to neutralize “the anti-Lisbon treaty movement called “Libertas” led by Declan Ganley. One of the Bilderberger planned moves is to use a whispering campaign in the US media suggested that Ganley is being funded by arms dealers in the US linked to the US military,”.

Current Bilderberg-chairman Étienne Davignon, who has admitted that the Bilderberg helped create the Euro currency in the 1990’s. [Source] However, leaked documents from the 1955 Bilderberg conference held in germany had already discussed the creation of the Euro, and the formation of the European Union. [Source]

Tucker said the key component of this year’s Bilderberg meeting was an effort to get President Obama to “slip through ratification of the International Criminal Court treaty,” by forwarding it to the Senate to be voted on. Another global treaty Obama has promised he would introduce to the Senate is the global gun-control treaty called CIFTA.

To pass the International Criminal Court treaty, Tucker said “their tactic is this; Obama is to sweet talk the many left-wing Democrats in Congress who really want the International Criminal Court treaty, they’re just scared because people were so strongly opposed to surrendering sovereignty that they were afraid to vote for it – political cowards – so Obama’s going to sweet talk them and say don’t worry, we’ll have more liberals in the Senate after the 2010 elections so in January of 2011 when the new Senate is seated you can ratify it late on a Saturday night when it’s too late for Sunday morning papers and to re-plan the Sunday talk shows….there will be no political reprisals.”

There are only a few journalists that are covering Bilderberg’s clandestine event in Greece this year, the mainstream media and local Greek media has been locked-out from covering this event. One local journalist who spoke with London Daily News said: “We have been told by senior government officials that covering the event could cost us our jobs. Greece is in the depths of a major recession and I cannot afford to lost my job”. [Source]

One journalist has been arrested for trying to take a picture of the Hotel at which Bilderberg members reside. Charlie Skelton a writer for the London Guardian has been covering the conference has been arrested for taking pictures of the ocean near the Astir Palace Hotel. [Source]

Greek officers told Skelton to “Delete Photos” and tried to take his camera, they searched his possessions and later was detained for the second time immediately before appearing on the Alex Jones radio show. [Full Skelton Interview] Another journalist group was arrested for taking photographs of the Hotel.

Jim Tucker concludes that the global elite are very grim-faced at this years Bilderberg meeting, he says: “Things are going bad for them, Americans are responding, Europeans are responding, and their program is being blocked.”.

Bilderberg Wants Global Department Of Health, Global Treasury
http://www.prisonplanet.com/bilderberg-wa..-global-treasury.html

1980 Bilderberg Documents Discuss Overpopulation
http://www.prisonplanet.com/1980..nts-discuss-overpopulation.html

Bilderberg: News Blackout Continues
http://www.prisonplanet.com/b..lackout-continues.html

Dutch Prime Minister Grilled Over Bilderberg Following Prison Planet Article
http://www.prisonplanet.com/dutch..owing-prison-planet-article.html

Spontaneous Protest Breaks Out In Vicinity Of Bilderberg Hotel
http://www.prisonplanet.com/spontaneous-prote..-of-bilderberg-hotel.html

Tucker: Bilderberg Owns Obama
http://www.americanfreepress.net/html/troublemakers_178.html

Our man at Bilderberg: in pursuit of the world’s most powerful cabal
http://www.guardian.co.uk/world/2..ch-of-bilderberg

London Guardian Runs Joke Coverage Of Bilderberg
http://www.prisonplanet.com/london-gu..oke-coverage-of-bilderberg.html

Bilderberg Group In The Driving Seat
http://www.independent.ie/opinion/let..iving-seat-1733972.html

Haaretz Coverage Of Bilderberg Group Meeting
http://www.haaretz.com/hasen/spages/1085589.html

Writer Detained For Taking Photo Of Sea View Near Bilderberg Hotel
http://www.prisonplanet.com/writer-det..r-bilderberg-hotel.html

Shadowy Bilderberg group meet in Greece — and here’s their address
http://www.timesonline.co.uk/tol/ne..ticle6283373.ece

 



Bailout Bill Fails But May Revive And Pass Anyways

Bailout Bill Fails But May Revive And Pass Anyways

Bloomberg
September 30, 2008

The U.S. Senate will try to salvage a $700 billion financial-rescue package after the measure was defeated in the House of Representatives. The lawmakers won’t have a lot of room to negotiate.

While the legislation will need to be tweaked enough to win over reluctant House Republicans, the lawmakers will risk losing votes from Democrats if they veer too far from the delicate compromise that congressional leaders hammered out with the U.S. Treasury.

“They’re not going to totally revamp the bill,’’ said Pete Davis, president of Davis Capital Investment Ideas in Washington, who spoke to House and Senate leaders yesterday. “They’ll make some minor changes and pass it. This is all about political cover.’’

Read Full Article Here

 

Kudlow Schooled: ‘You’ve Become A Socialist – Your Version Of Socialism Is To Bail Out The Rich’

 

Paulson: King Paulson or Convict Paulson

Recent News:

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House Clears $25 Billion For Carmakers
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Home builders will ask for $90 billion bailout
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I’ve watched the economy for 30 years. Now I’m truly scared
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Treasury explains how it came up with $700 billion: We just wanted ‘a really large number.’
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Stocks rallied a day after failed $700B wallstreet bailout
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US will lose superpower status, claims German minister
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$1 Quadrillion of Unregulated Debt At Core of Coming Derivatives Crisis
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China Banks Told To Stop Lending To U.S. Banks
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Refusing Dollar as “World Currency” Inevitable
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U.S. Heading for Slump, With or Without Bailout
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Putin Promises $50Bln For Banks
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Dexia bank gets multi-nation $9.2B bailout
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Home Prices in 20 U.S. Cities Declined 16.3% in July
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Rothschilds and the Bank of England Own The Federal Reserve (JP Morgan, Rockefeller, Lehman Brothers, Warburg)
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Chavez says U.S. can’t fix financial crisis
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The Hanky Panky Banking Bailout Bill
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Jobless Claims Pushed To 7-Year High
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Nasdaq tanks, down 6%
California Home Prices Drop Record 41% Amid Defaults
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U.S. Economy Collapse News Archive

 



Taxpayers Will Pay $800 BILLION For Failed Mortgage Lenders

Taxpayers Will Pay $800 BILLION For Failed Mortgage Lenders
House & Senate passes housing bailout bill H.R. 3221 (The American Housing Rescue & Foreclosure Prevention Act) by an overwhelming 272-152 vote, Bush will sign soon.

Youtube
July 24, 2008

Ron Paul talks about the bailout out of the housing industry and how it really just destroys the dollar and adds enormously to the debt.

Also, slipped into the bill, was the stipulation that ALL credit card transactions must now be reported to the IRS.

http://www.youtube.com/watch?v=Wy6SlUpbnIU

Details of today’s housing bill by Dr. Ron Paul:

-$2.5B line of credit to the Treasury (Fannie & Freddie – ‘F & F’) is now “open-ended”

  • UNLIMITED – Treasury now allowed to buy all ‘F & F’ housing securities
  • Congress no longer involved in appropriating funds (Treasury now does)

-National Debt Ceiling Moved up $800 BILLION (buried in the bill)

Treasury Bills being exchanged for unwanted ‘F & F’ securities

  • This is the asset which “backs up our currency”
  • Value of these assets are depreciating
  • Treasuries have replaced gold and silver to back US Dollar

– Solution breeds inflation

  • Places pressure on the US Dollar

-Mortgage industry workers “will now have to be fingerprinted.

All credit card transactions will now be reported to the IRS.

 

Housing bailout bill – another $800 billion gift from the taxpayer to Wall Street

http://youtube.com/watch?v=TeWJZiJGc2s

Related News:

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Faber: Fannie, Freddie Should Not Get Aid
http://www.bloomberg.com/apps/n..&sid=a_L_tms03WSI&refer=home

Senate Passes Housing Bill
http://www.axcessnews.com/index.php/articles/show/id/16490

House OKs Fannie Freddie Bailout
http://news.yahoo.com/s/ap/200..Aujs0nZJn4G9TEm4v_o7vh.MwfIE

woman commits suicide as home foreclosed
http://www.norwichbulletin.com/new..suicide-as-home-foreclosed

Fannie and Freddie Own A Record $6.9 Billion Foreclosed Homes
http://www.economicpolicyjournal.co..d-freddie-own-record-69.html

U.S. Foreclosures Double
http://www.bloomberg.com/apps/news..87&sid=aomtw8.Pro2E&refer=home

IMF: U.S. Housing Overvalued By 20%
http://www.reuters.com/article/domesticNews/idUSN2542244220080726

California foreclosures up 261% from ‘07 levels
http://latimesblogs.latimes.com/laland/2008/07/cal-foreclosure.html

Freddie MAC CEO Paid $20 Million A Year
http://money.cnn.com/2008/0.._CEO.ap/index.htm?section=money_latest

Fannie, Freddie rescue pricetag could hit $25B
Housing report bruises Wall Street
Bank of China may hold huge US debt
Dems & Paulson Push Fannie/Freddie Bailout

 



Gold Hits Record of $989 an Ounce

Gold hit record of $989 an ounce, falls back $981

Bloomberg
March 4, 2008

Gold declined from a record today in Asia as some investors judged the recent rally overdone. Silver also fell.

Gold has gained 19 percent this year to a record $989.54 yesterday, as the U.S. dollar tumbled to record low against the euro at $1.5274 while the crude oil rose to record $103.95. Dollar gained to $1.5187 at 1:41 p.m. Singapore time and crude oil declined to $102.25.

“There’s been some short-term profit-taking going on this afternoon,” Charles Dowsett, head of structuring and trading of precious metals at ABN Amro Holding NV., said by telephone from Sydney today. “But we are seeing support at $980 level.”

Gold for immediate delivery fell $2.36, or 0.2 percent, to $981.34 at 1:42 p.m. Singapore time, after reaching as low as $979.00.

Read Full Article Here

 

Buffett: US Economy In Recession
Economists and business heads agree US is in recession, Federal Reserve is doing nothing to counter

Steve Watson
Infowars.net

March 3, 2008

American investor, businessman and philanthropist Warren Buffett is the latest in a string of notable figures to concede that the US economy is now in recession.

Buffett, the largest shareholder and chief executive officer of Berkshire Hathaway, and the third-richest person in the world, made the comments in an interview with cable network CNBC.

“I would say, by any commonsense definition, we are in a recession,” Buffett said.

His comments come on the back of an annual letter to shareholders (PDF), which he released Friday along with Berkshire’s 2007 financial report, in which he made similar warnings.

“It’s a certainty that insurance-industry profit margins, including ours, will fall significantly in 2008,” he said. “Prices are down, and exposures inexorably rise. Even if the U.S. has its third consecutive catastrophe-light year, industry profit margins will probably shrink by 4 percentage points or so.

“If the winds roar or the earth trembles, results could be far worse.”

Buffett is one of the most successful investors in the history and an economic expert.

He has previously warned of the expanding trade deficit’s slow devaluation of the dollar and other U.S. assets.

Buffett is not the only notable figure waving the red flag. A survey released last week by the National Association for Business Economics showed that 45 percent of economists are predicting a recession in 2008.

Indeed, economists everywhere are sounding the alarm and asking why the Federal Reserve continues to do little or nothing to counter the rapid downturn as stocks around the world continue to tumble, inflation spirals and the dollar falls to new lows.

“We are becoming increasingly concerned that the authorities in the world do not get it,” said Bernard Connolly, global strategist at Banque AIG. “The extent of de-leveraging involves a wholesale destruction of credit. The risk is that the ‘shadow banking system’ completely collapses,” he said.

“I never thought I would see anything like this in my life,” said James Steele, an HSBC economist in New York.

“The verdict is in. The Fed’s emergency rate cuts in January have failed to halt the downward spiral towards a full-blown debt deflation. Much more drastic action will be needed. As the once unthinkable unfolds, the leaders of global finance dither. For the first time since this Greek tragedy began, I am now really frightened.” writes Ambrose Evans-Pritchard, International Business Editor for the London Telegraph.

Read Full Article Here

Wheat 80% Higher Than A Year Ago
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The Federal Reserve’s rescue has failed
http://www.telegraph.co.uk/money..008/03/03/ccview103.xml

The Fed Releases Crisis Preparedness Video
http://www.roguegovernment.com/news.php?id=7064

IMF Chief Says Euro Is Overvalued
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Platinum Rises To Record – Palladium Rallies
http://www.bloomberg.com/apps/ne..GE0YUOiK3xk&refer=commodities

OPEC Expected To Maintain Output
http://www.iht.com/articles/ap/2008/03/03/business/EU-FIN-OPEC-Meeting.php

Karl Rove: Redeployment Would Cause Oil Prices to Skyrocket to $200 a Barrel
http://thinkprogress.org/2008/03/02/rove-oil-iraq/

World Stocks Tumble On U.S. Recession Fears
http://news.yahoo.com/s/afp/2008..80303123807&printer=1

Soaring Food Prices Imperil U.S. Aid
http://www.msnbc.msn.com/id/23418142

Asian Markets Tumble On Wall Street Drop
http://money.aol.com/news/articles..et-drop/n20080302230409990004

Most Americans Using Credit To Stay Afloat
http://www.usatoday.com/money/p..28-credit-cards_N.htm

Stocks fall sharply on economic worries
http://news.yahoo.com/s/ap/20080229/ap_on_bi_st_ma_re/wall_street

U.S. Economy: Spending Eroded By Inflation
http://www.bloomberg.com/apps/new..arFDNXdz_IKY&refer=home

U.S. Economic Collapse News Archive

 



Another Fed Cut May Spur Gold Rally

Another Fed Cut May Spur Gold Rally

Dilip Kumar Jha
Business Standard
February 17, 2008

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More interest rate cuts by the US Federal Reserve to protect its slowing economy are likely to strengthen gold prices further with the metal being a safe haven for investors having offered handsome returns in the last year-and-a-half.

Additionally, closure of mines in the wake of power shortage in South Africa have affected supplies badly. As a consequence, the metal has enjoyed great support from retail and institutional investors which will continue to boost it in the future.

Thus, gold is set to touch $915 an ounce this week. However, after breaching this level, the metal may take another two to three months to hit the $950 an ounce-mark.

In India, however, standard gold may see good support at the present level of Rs 11,630 per 10 grams and is likely to rally beyond Rs 11,800 per 10 grams this week. The breach of the Rs 12,000-mark is on the cards, too.

The US Federal Reserve cut the key lending rate twice (75 and 50 basis points) last month to 3 per cent, providing fresh funds for the US and world economy.

However, experts believe the rate cuts haven–t help revive the economy. Hence, prospects of a further 50 bps cut looms large.

High prices have dampened demand in India severely as total imports in January were a meagre 4 tonnes from 62.5 tonnes in January 2007.

India, the world–s largest gold consumer, is a market sensitive to price fluctuations. The nominal imports in January were a result of the knee-jerk reaction to volatile and high prices.

–Even if the price moves in the higher range, consumers will get used to it and demand will resume,– said Jayant Manglik, head (commodities) at Religare Enterprises. Manglik believes that both gold demand and prices will continue to go up.

In the last year-and-a-half, gold offered 32 per cent returns which other asset classes failed to achieve. Reportedly, the International Monetary Fund (IMF) is unlikely to offload gold in the physical market before two to three months as it may wait for prices to rise further.

Meanwhile, investors from other classes are gradually shifting their funds towards gold which is evident from the record gold trading in London during January.

Trading volumes in London rose to a 19-month high in January at an estimated average of 25.3 million ounces. Trading volumes in January 2007 stood at 17.1 million ounces.

Gold remained volatile last week in Jhaveri Bazar, a major spot market in Mumbai, with prices touching high of Rs 11,895 per 10 grams on Monday.

However, weak sentiment continued to prevail throughout the week with fresh orders for weddings drying up. The metal ended the week at Rs 11,630 per 10 grams.

 

Oil surges above $96 to one-month high

Randy Fabi
Reuters
February 15, 2008

Fbiiraqisbein_mn

Oil rose above $96 a barrel on Friday, surging to a one-month high as investors fixated on the possibility — however slim — of OPEC member Venezuela halting supplies to top consumer the United States.

The South American country, one of the largest crude exporters to the United States, cut shipments to Exxon Mobil (XOM.N: Quote, Profile, Research) earlier this week after the U.S. oil major won court orders to freeze over $12 billion of Venezuela’s assets.

Venezuelan President Hugo Chavez, a critic of U.S. President George W. Bush, imposed the embargo on Exxon after threatening to cut off all shipments to the United States in the row over nationalization of Exxon assets in Venezuela.

U.S. crude CLc1 was up 45 cents at $95.91 by 1015 GMT, after earlier hitting $96.05. London Brent crude LCOc1 rose 25 cents to $95.41.

“I can’t believe the Venezuelans will actually go ahead and do that, but as long as there is this uncertainty it’s going to continue to have a bullish impact,” said Tony Machacek at Bache Commodities.

U.S. Energy Secretary Sam Bodman said on Thursday he did not expect Exxon to have trouble replacing oil supplies from Venezuela, but said the nation’s Strategic Petroleum Reserve would be available if needed. nN13311576

“Venezuela will not affect the crude supply fundamentally. There will be some risk premium but there will not be any natural shortfall in crude,” said Gerard Burg of National Australia Bank in Sydney.

Major oil producers in the Middle East have already assured the United States they could compensate for a supply disruption if Venezuela slows exports.

Read Full Article Here

IMF to sell off Gold Reserves
http://www.wakeupfromyourslumber.com/node/5684

FDIC Chairperson Bair: “Housing Crisis Has Just Begun”
http://www.cnbc.com/id/22933893

Federal Reserve gives away Billions to banks!
http://mparent7777-2.blogspot.com..gives-away-billions-to.html

OPEC considers dumping US dollar
http://www.presstv.ir/detail.aspx?id=43221&secti..3510213

Recession to be longer than usual: University of Michigan
http://www.reuters.com/article/domesticNews/idUSN0826726720080208

Imploding Credit Bubble to Hit $1 Trillion
http://www.washingtonindependent.com/view/part-two-the-united

Banks Begging For Government Bail Out
http://www.reuters.com/article/ousiv/idUSN1440273120080214

Global Inflation Climbs To Historic Levels
http://www.iht.com/articles/2008/02/12/business/inflate.php?page=1

Credit Card Rates Continue To Rise
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Chavez ‘may cut oil supplies to US’
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A $43 Trillion Dollar Market That Most People Have Never Heard Of
http://www.huffingtonpost.com/jac..ar_b_86199.html

World bourses lost 5.2 trillion dlrs in January
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G.M. Loss Worst Ever for U.S. Carmaker
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U.S. Economic Collapse News Archive