[NYer]

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[edcoil]

“According to some US experts,”

These experts went to school with the hurricane experts too.

[VOA]

Subprime lending to trigger world’s worst financial crisis since 1929

1. If the news source is correct, we have had a warning.
And should be prepared for the storm.

2. If it doesn't happen, then we owe a thanks to the media for being
a good negative indicator.

3. AND, for anyone that didn't see a problem with subprime loans
coming...
YOU'VE BEEN LIVING ON ANOTHER PLANET, IN A CAVE, OR IN A FREAKIN' COMA
FOR THE PAST TWO YEARS!!!!!

Even The Los Angeles Times was running articles about the looming
subprime implosion a couple of years ago!!!

[AFreeBird]

I would love to see a few hundred thousand NY'ers, and all the "off duty" NYPD and FDNY guys come out and put up a gauntlet and say: "you shall not pass".

I think the Secret Service guys would know from where they're coming, and "suggest" to the Amanutjob, that he go back home. For his own safety.

[Clintonfatigued]

This has the potential to really implode. Whether it will do so remains to be seen. There still is hope to limit the impact.

[TenthAmendmentChampion]

With a bank crisis looming on the horizon, an odd piece of information is becoming news. As unlikely as it may seem, the United States along with Canada and Mexico, appears to be getting ready to launch a new single currency: the Amero.

Is this for real??

[Gerish]

This has New World Order written all over it.

[Straight Vermonter]

Please take with a large grain of salt. One the size of Greenland would do nicely.

[Kimberly GG]

FYI

Subprime lending to trigger world’s worst financial crisis since 1929

Amero, North America’s new currency

[WoofDog123]

” Apparently, no one, neither the general public nor professionals on Wall Street, has yet to realise the extent of the hole, a hole of 20 trillion dollars with no market, nor value.”

a lot of folks on the street are very worried about this. The CMO trader I work with is convinced more bad news is down the line, but psychologically the market put in a short-term bottom a few weeks ago and I guess it takes either time or something particularly nasty to take it back down again.

[MrBambaLaMamba]

... starting in 1987, the bank lobby—by means of US$ 300 million in contributions—got Congress to do away with the Glass-Steagall Act (officially the Banking Act of 1933) that had been adopted in the wake of the 1929 Wall Street Crisis. President Bill Clinton signed into law the Gramm-Leach-Bliley Act, which repealed the Glass-Steagall Act. ..

True Believer Rule #33 - Never let facts get in the way of the your message.

William J. Clinton, the forty-second President of the United States (1993-2001)

[Rudder]

...the problem is not liquidity, but solvency...

Ah Haa! I have no idea of the distinction between the two.

Liquidity means not having sufficient cash. Solvency (or lack thereof) means not having sufficient cash to pay your bills. Correct?

[GovernmentShrinker]

Even the London interbank market is not going beyond day to day lending.

Huh? This is BS worthy of the Weekly World News. I had no trouble rolling an $80 million 90-day LIBOR loan last week, and nothing has changed since then.

[decimon]

[nicmarlo]

i>Amero, North America’s new currency

With a bank crisis looming on the horizon, an odd piece of information is becoming news. As unlikely as it may seem, the United States along with Canada and Mexico, appears to be getting ready to launch a new single currency: the Amero.

With the monetary bubble on the verge of bursting, one solution would be getting rid of the dollar, replaced by a currency, the Amero, to serve a would-be North American Union.

ping!

[Dems_R_Losers]

20 TRILLION dollars?? LMAO. That is probably more than the combined value of all financial assets in the world.

[B-Chan]

Similarly, 20 Amero coins can be seen on the Hal Turner Show webpage, with a small D visible, D as in ‘minted in Denver.’ Curiously, the Denver Mint is currently closed to the public, ostensibly for restoration work, till September 28.

The author's main point aside, I believe these coins are "fantasy" coinage created for sale and to promote the Hal Turner website.

[decimon]

What Snopes has to say about the Amero.

[Sudetenland]

Dang, and me without my tinfoil hat.

Hal Turner? Hal Turner is the source? Mr. "9/11 was an inside job" Hal Turner?

Reynolds aluminum's stock must be approaching an all time high with the number of tin-hatters running around.

I understand now, but Hal, you got it wrong. It was the aliens that crashlanded in New Mexico who have been in control. They brought the twin towers down using their hyper-atomic, quantum quark Heisenberg disintegrator ray. You see Mohammed was really one of their earlier visitors and started the Earth based Islamic Jihad movement.

It's so obvious, why didn't I see it before now?

I must have been beamed by the Men in Black. Gotta get some tinfoil...gotta get some tinfoil...they're coming for me again.

I think I'll vote for Ron Paul, he seems to be in good standing with these guys maybe he can get me a good exchange rate on "Ameros"

[RockinRight]

I was with you till the “Amero” crap.

And it is CRAP. There is no Amero.