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24 central banks meet in secret this weekend in AustraliaNews AU
- Central bankers from 24 of the world's central banks flew into Australia this weekend for a secret meeting regarding,well, high-level secret things.
There was speculation that Ben Bernanke would attend, but it was not confirmed that he was in attendance. It seems that his presence, or lack thereof, was top secret.
What is known, and not secret, is that central bankers like to keep as much secret as possible when dealing with the public's money.Click here to read full story...


Fannie & Freddie use Enron's playbook The Street
- If there is one thing wecan learn from Enron, it's how to creategigantic fraud and keep it hidden fromdiscovery, until it all collapses.
Fannie and Freddie have taken the Enronmodel of keeping the worst financial garbageoff the books, and have managed to evenone-up the Enron scandal.
Enron kept its financial dirty laundry off the books until it collapsed. Fannie and Freddie have kept their dirty laundry off the books until they collapsed and were bailedout at great cost to the taxpayer.
When Enron collapsed, the scandal was over.With Fannie and Freddie, the scandal continues.Click here to read full story...


Federal Reserve policies aren't workingAsia Times
Ben Bernanke thinks thatprinting money out of thin air will get us out of this crisis.
There is no doubt that his money creation has helped Wall Street. The rest of the country, though, is still suffering.Click here to read full story...


America's #1 Creditor Holds the Ultimate Weapon


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Biggest Bubble in History Is Growing Every Day


When the Gimmicks Fail


The Bernanke Reappointment: Be Afraid, Be Very Afraid


Planned Layoffs Rise for First Time Since July Economic Report


The Devaluation and Fight for Survival of the American Middle Class


Global Insolvency, How Will the US Service its Debt?


G-7 Seeks to Calm Global Markets, Sustain Rebound
http://finance.yahoo.com/news/G7-seeks-to-calm-global-apf-3851771658.html?x=0