Daily Dispatches

Former Treasury secretary calls bailout plan 'crazy'

Submitted by cpowell on Wed, 2008-10-01 22:45 Section: Daily Dispatches

By Brendan Murray
Bloomberg News
Wednesday, October 1, 2008

http://www.bloomberg.com/apps/news?pid=20601087&sid=atJMmClVjevU&refer=home

Former U.S. Treasury Secretary Paul O'Neill said the $700 billion bank-rescue proposal under negotiation in Washington is "crazy," with potentially "awful" consequences for the world's largest economy.

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Comex prices aren't real, so root for them to go to zero

Submitted by cpowell on Wed, 2008-10-01 20:45 Section: Daily Dispatches

8:40p ET Wednesday, October 1, 2008

Dear Friend of GATA and Gold (and Silver):

Read more about Comex prices aren't real, so root for them to go to zero

Ambrose Evans-Pritchard: Europe's banks more leveraged than U.S. banks

Submitted by cpowell on Wed, 2008-10-01 20:03 Section: Daily Dispatches

So Much for Tirades Against American Greed

By Ambrose Evans-Pritchard
The Telegraph, London
Thursday, October 2, 2008

http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/311899...

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James Turk: Wealth destruction now is inflationary

Submitted by cpowell on Wed, 2008-10-01 13:58 Section: Daily Dispatches

2p ET Wednesday, October 1, 2008

Dear Friend of GATA and Gold:

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Investors start fresh gold rush

Submitted by cpowell on Wed, 2008-10-01 11:51 Section: Daily Dispatches

By Javier Blas
Financial Times, London
Wednesday, October 1, 2008

http://www.ft.com/cms/s/0/9ce251de-8f37-11dd-946c-0000779fd18c.html?ncli...

"Fiat money, in extremis, is accepted by nobody," Alan Greenspan, the former chairman of the US Federal Reserve, told lawmakers in Washington almost a decade ago. "Gold is always accepted," he added.

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World begins to notice U.S. irreponsibility and hypocrisy

Submitted by cpowell on Tue, 2008-09-30 21:40 Section: Daily Dispatches

U.S. 'Casino' Mentality Blamed for Planet's Meltdown

By Alan Clendenning
Associated Press
via Yahoo News
Tuesday, September 30, 3008

http://news.yahoo.com/s/ap/20080930/ap_on_re_la_am_ca/lt_meltdown_pointi...

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Remember, only gold and silver markets are NOT rigged

Submitted by cpowell on Tue, 2008-09-30 21:22 Section: Daily Dispatches

9:11p ET Tuesday, September 30, 2008

Dear Friend of GATA and Gold:

Even though U.S. Treasury Secretary Henry Paulson was quoted yesterday, as in the Bloomberg News story appended here, as saying that the U.S. government would use "'all the tools at our disposal' to protect the financial markets". ...