Just 24 hours after Iceland's prime minister
introduced emergency legislation giving his
government sweeping new powers over the
financial sector, the country has
nationalised its second largest bank.
The bailout of Landsbanki comes after trading
in shares of major banks was suspended on
Monday - and the exchange rate of the
Icelandic Krona was fixed - after it lost a
quarter of its value against the euro. Sylvia
Lennan reports. Tags :aljazeeraaljazeeralandsbankisylvialennanicelandbanks
Many are blaming the global financial system
for the current financial crisis and say that
trust won't return until it changes.
Al Jazeera's Nick Spicer reports from
Washington where demonstrators are wary of
how better the world economy could get. Tags :aljazeeraaljazeeraenglishwashingtonnickspicerfinancialcrisissystem
PLEASE SUBSCRIBE. Thanks for the feature,
YouTube!
http://www.quietlibrary.com
If you're confused as to why the U.S. economy
is going down the drain, this should clear
things up for you.
Written by Doug Moe - http://www.dougmoe.net/
Directed by Phelps Harmon -
http://www.celebritydarwinism.com
Cast
Dad.........................Doug Moe
Son..........................Jeremy Rosenblum
And a big thanks to Aunt Joyce for letting us
use her house! Tags :financialcrisisgovernmentbailoutbilliondollardougmoequietlibrarytuculescuhalesherng-leesketch
Sep 30 - What began as a housing problem has
mushroomed into what may be the biggest
financial crisis since the Great
Depression.In September, the titans topple
like dominos, then the Federal Reserve and
the Treasury respond with a $700 billion
bailout plan. Fred Katayama reports from New
York. Tags :Financialmeltdowntimeline
Ron Paul discusses the collapsing financial
markets. "We're in the middle of something
very big and it doesn't look like it's going
to end soon."
http://digg.com/business_finance/Ron_Paul_on_
the_Global_Financial_Crisis_9_18_08_2
http://digg.com/business_finance/Ron_Paul_Add
resses_Financial_Crisis
http://house.gov/paul
http://campaignforliberty.com
http://ronpaulnews.net/ Tags :dollardevaluationdepressionderivativesinflationmoralhazardfederalreservemonopolybankingcartelcabalgoldAIGsocialism
This video was created by the U.S. Government
Accountability Office (GA0) and can be
accessed at:
http://www.gao.gov/newcomers.vid.html
It is my understanding that works done by
employees of the US Government, working in
their official capacity, cannot be
copyrighted. I have uploaded this video
because I think it is an important message
that more people need to hear. Tags :governmentaccountabilityUSAmericafinancialfuturelong-termfiscaloutlookDavidM.Walker