How the scams worked
Director | February 21, 2010
Matt Taibbi offers a schematic of how the big Wall Street bankers scammed the system, and continue to do so. Learn these scams and apply them to your personal self-defense as well.
Criminal politicians
Director | January 11, 2010
California Representative Darrell Issa has obtained emails between New York Fed lawyers and AIG indicating that the Treasury Department suppressed the names of other banks that benefited from the AIG bailout, particularly Goldman Sachs. FOX News broke the story, and other networks are picking it up.
The global economic war, Part 2
Director | December 17, 2008
The Foreign Response As Secretary Paulson announced the TARP bailout plan, the world economy appeared to freeze. Construction projects around the world were cancelled, world shipping declined to record low levels, foreign banks announced losses, Iceland went into bankruptcy. All eyes turned to Communist China for demand stimulus to keep the game going, but China […]
The global economic war, Part 1
Director | December 16, 2008
Background The era of global cooperation between Communism and monopoly capitalism begin with Khrushchev¹s announcement in 1959 that the Soviet Union would no longer play the leading role in the Communist world takeover but would allow each Communist country to develop in the way it wanted. In the late 1970s, following the Great Leap Forward […]
Sen. Inhofe: Paulson threatened martial law
Director | November 21, 2008
In an interview on Tulsa radio station KFAQ, Senator Inhofe of Oklahoma said that Treasury Secretary Henry Paulson had threatened members of Congress with a declaration of martial law if the Congress didn’t pass the TARP bailout package. See the story here.
Senator suspects Paulson sending TARP funds to his friends
Director | November 18, 2008
Senator Jim Inhofe (R. OK) said Saturday that “It is just outrageous that the American people don’t know that Congress doesn’t know how much money he (Treasury Secretary Henry Paulson) has given away to anyone,” in a statement to the Tulsa World. “It could be to his friends. It could be to anybody else. We […]
The global bailout
Director | October 15, 2008
NWOU offers a few thoughts and a few links on the global economic crisis for the confused. If you believe that more easy credit is the solution to a crisis brought on by easy credit, we refer you to a short article by Peter Schiff, who has been warning of a global credit crisis for […]