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Daily Dispatches

It's not just the government and banks but the people too

Section: Daily Dispatches

3:38a ET Monday, October 6, 2008

Dear Friend of GATA and Gold:

NBC Television's "Saturday Night Live" program satirized the other night not only the U.S. government's response to the collapse of the banking system but also one of its causes, the venality of much of the citizenry. You can watch it here:

http://www.nbc.com/Saturday_Night_Live/video/clips/c-span-bailout/727521/

Lending to companies, states may be Fed's next crisis

Section: Daily Dispatches

By Scott Lanman and John Brinsley
Bloomberg News
Monday, October 6, 2008

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

WASHINGTON -- Federal Reserve Chairman Ben S. Bernanke may find the next fronts of the financial crisis to be just as chilling as last month's downfall of Wall Street titans: its spread to corporate America and state and local governments.

Fed under pressure to do more on credit crunch

Section: Daily Dispatches

By James Politi and Krishna Guha
Financial Times, London
Sunday, October 5, 2008

http://www.ft.com/cms/s/0/fd884db2-9311-11dd-98b5-0000779fd18c.html

WASHINGTON -- The Federal Reserve and US Treasury were on Sunday night under increasing pressure to follow passage of the $700 billion financial rescue plan with further measures to shock the ailing credit markets back to life.

Germany guarantees bank accounts; worldwide rate cuts anticipated

Section: Daily Dispatches

Europeans Scramble to Save Failing Banks

By Matt Moore
Associated Press
via Yahoo News
Sunday, October 5, 2008

http://news.yahoo.com/s/ap/20081005/ap_on_re_eu/eu_europe_meltdown;_ylt=...

Judy Shelton: Loose money and the roots of the crisis

Section: Daily Dispatches

No One Can Believe in the Omniscience of Central Bankers Anymore

By Judy Shelton
The Wall Street Journal
Tuesday, September 30, 2008

http://online.wsj.com/article/SB122273029076687929.html

This is the way the world ends
This is the way the world ends
This is the way the world ends
Not with a bang but a whimper.

-- T.S. Eliot
"The Hollow Men" (1925)

Bailout implementation is all fantastic conflict of interest and patronage

Section: Daily Dispatches

Paulson Recruits Asset Managers to Stop Loss of 'Precious Days'

By Rebecca Christie and Robert Schmidt
Bloomberg News
Friday, October 3, 2008

http://www.bloomberg.com/apps/news?pid=20601087&sid=aczLjF35rxQM&refer=home

Silver Summit: Analysts cry manipulation

Section: Daily Dispatches

4:18p ET Friday, October 3, 2008

Dear Friend of GATA and Gold (and Silver):

Silver Investing News has a good account of the recent Silver Summit in Coeur d'Alene, Idaho, written by Melissa Pistilli and taking note of GATA's work. It's headlined "Silver Summit: Analysts Cry Manipulation" and you can find it here:

Royal Canadian Mint under strain to meet demand for gold

Section: Daily Dispatches

By Eric Lam
National Post, Toronto
Friday, October 3, 2008

http://network.nationalpost.com/np/blogs/fpposted/archive/2008/10/03/roy...

The plunging stock market in Canada has led to a spike in gold purchases, and gold brokers may soon have trouble keeping up with demand.

Rob Kirby: The invisible hand and the pox known as usury

Section: Daily Dispatches

11a ET Friday, October 3, 2008

Dear Friend of GATA and Gold:

GATA consultant Rob Kirby of Kirby Analytics in Toronto analyzes the gold price suppression scheme in his new essay, "The Invisible Hand and the Pox Known as Usury," which you can find at GoldSeek here:

http://news.goldseek.com/GoldSeek/1223043197.php

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.

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