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BERLUSCONI : LEADERS MAY CLOSE WORLD'S MARKETS
Deudge ^

Posted on 10/10/2008 9:12:38 AM PDT by Danae

Italian Prime Minister Berlusconi said political leaders discussing idea of closing world's financial markets while they 'rewrite the rules of international finance'... MORE

Nothing follows. I can't get to the Bloomberg story its getting hammered.

This is huge and series. Load your shotguns folks.


TOPICS: Breaking News; Foreign Affairs; Government; News/Current Events
KEYWORDS: bailout; berlusconi; currency; europe; finance; g7; g7summit; global; globaleconomy; italy; wtf
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To: TonyInOhio
My shotgun is always loaded. Who do I shoot?

I have a list if you need one.
61 posted on 10/10/2008 9:54:56 AM PDT by dmartin (Who Dares Wins)
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To: briarbey b

Five years between posts! Welcome BACK to FR.


62 posted on 10/10/2008 9:55:26 AM PDT by Lucius Cornelius Sulla (White Trash for Sarah!)
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To: briarbey b

“These are historic times,” thought Ramsey, as he dialed into the internet, via his Blackberry (which he had just gotten a handsome rebate — unusual, because rebates never seem to arrive no matter how many times you pester the clearing house, and he had done so often), “Historic and prophetic times, even perilous times. Time would tell, but time couldn’t tell time, not to mention what time the time would be.” — My entry into the Bulwar-Lytton contest.


63 posted on 10/10/2008 9:56:14 AM PDT by Lazamataz (Secondhand Aztlan Smoke causes drug addiction obesity in global warming cancer immigrant terrorists.)
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To: Danae

This will never happen. We are only down to 2003 levels, on our way to Dow 7,200, where is there some support.


64 posted on 10/10/2008 9:56:17 AM PDT by montag813
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To: Galena Nevada

Yeah. Ain’t it cool?

Hello from Elko! :-)


65 posted on 10/10/2008 9:58:09 AM PDT by JennysCool (There are three kinds of lies: lies, damn lies, and the polls.)
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To: GnuHere

Why stop with a house you can’t afford? Go all in, buy a bank you can’t fund! That’s where the real fedral tax bucks are at!

I’d add a /s, but sadly it’s all too true...


66 posted on 10/10/2008 9:58:28 AM PDT by El Laton Caliente (NRA Member & www.Gunsnet.net Moderator)
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To: JennysCool
ONLY THE STRONG SURVIVE!!!

Ever hear about Hobbes' State of Nature, where life is 'solitary, poor, nasty, brutish and short'.

67 posted on 10/10/2008 9:59:04 AM PDT by Lucius Cornelius Sulla (White Trash for Sarah!)
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To: Danae
International Herald Tribune:Berlusconi: G-8 might meet on crisis
"They are rumors that are in the newspapers," the premier was quoted as saying by the Italian news agency Apcom.

"Maybe I made a mistake to say it, but I thought you also knew" it was only a rumor, Berlusconi was quoted as telling the reporters.

The premier told the news conference that EU leaders might hold a summit on the crisis Sunday in Paris and that leaders from the Group of Eight also were considering a summit in the coming days.


68 posted on 10/10/2008 10:01:14 AM PDT by PapaBear3625 ("In a time of universal deceit, telling the truth is a revolutionary act." -- George Orwell)
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To: Lucius Cornelius Sulla
Ever hear about Hobbes' State of Nature, where life is 'solitary, poor, nasty, brutish and short'.

Yes. That's also a good description of the Obama campaign. Except for the "short" part.

69 posted on 10/10/2008 10:01:20 AM PDT by JennysCool (There are three kinds of lies: lies, damn lies, and the polls.)
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To: impeachedrapist
Then wherever shall I get my fresh fruit?

Plant a fruit tree...

70 posted on 10/10/2008 10:02:21 AM PDT by GOPJ ( Obama is an ACORN/Ayers DUPE - useful idiot - front guy - chump - patsy - pigeon...)
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To: Lucius Cornelius Sulla

LOL THANKS! I got tired of fighting to defend my views.
No one listens....alot of so called nut cases views are now looking to be very REAL. Amazes me how UNINFORMED people are!! Ignorance may be bliss but Ignorance is also very DANGEROUS!


71 posted on 10/10/2008 10:02:36 AM PDT by briarbey b
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To: JennysCool
Everybody forgives everybody else’s current debt. We start over tomorrow.

Wait wait wait, I need a couple of days to make a few "essential" purchases....
72 posted on 10/10/2008 10:03:50 AM PDT by Kozak (Anti Shahada: There is no god named Allah, and Muhammed is a false prophet)
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To: Lazamataz

Seriously? roflol


73 posted on 10/10/2008 10:04:09 AM PDT by briarbey b
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To: Red in Blue PA
Monday is a bank holiday here. I don't see a problem with making it a market holiday, but just for one or two days.

A panic reaction to panic, is never a good idea...IMO...It only delays the inevitable.

The Street is in full panic now. They demand new things everyday and this is a good bottom sign. Let it unwind in a orderly fashion, but let it unwind. I think that is what is happening, and that's good.

74 posted on 10/10/2008 10:05:45 AM PDT by Cold Heat (Well....................................That's .....that.........)
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To: JennysCool
Everybody forgives everybody else’s current debt. We start over tomorrow.

JennysCool for president!

75 posted on 10/10/2008 10:05:54 AM PDT by NeoCaveman (Who is the real Barack Obama?)
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To: JennysCool

Yeah, it would be wonderful. Maybe starting from zero would be best for everyone. Who needs money? Hello back from Spring Creek. :)


76 posted on 10/10/2008 10:07:20 AM PDT by Galena Nevada
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To: Danae

IN CONGRESS, July 4, 1776.

The unanimous Declaration of the thirteen united States of America,

When in the Course of human events, it becomes necessary for one people to dissolve the political bands which have connected them with another, and to assume among the powers of the earth, the separate and equal station to which the Laws of Nature and of Nature’s God entitle them, a decent respect to the opinions of mankind requires that they should declare the causes which impel them to the separation.

We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness.—That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed, —That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their Safety and Happiness. Prudence, indeed, will dictate that Governments long established should not be changed for light and transient causes; and accordingly all experience hath shewn, that mankind are more disposed to suffer, while evils are sufferable, than to right themselves by abolishing the forms to which they are accustomed. But when a long train of abuses and usurpations, pursuing invariably the same Object evinces a design to reduce them under absolute Despotism, it is their right, it is their duty, to throw off such Government, and to provide new Guards for their future security.—Such has been the patient sufferance of these Colonies; and such is now the necessity which constrains them to alter their former Systems of Government. The history of the present King of Great Britain is a history of repeated injuries and usurpations, all having in direct object the establishment of an absolute Tyranny over these States. To prove this, let Facts be submitted to a candid world...

...In every stage of these Oppressions We have Petitioned for Redress in the most humble terms: Our repeated Petitions have been answered only by repeated injury. A Prince whose character is thus marked by every act which may define a Tyrant, is unfit to be the ruler of a free people.

Nor have We been wanting in attentions to our Brittish brethren. We have warned them from time to time of attempts by their legislature to extend an unwarrantable jurisdiction over us. We have reminded them of the circumstances of our emigration and settlement here. We have appealed to their native justice and magnanimity, and we have conjured them by the ties of our common kindred to disavow these usurpations, which, would inevitably interrupt our connections and correspondence. They too have been deaf to the voice of justice and of consanguinity. We must, therefore, acquiesce in the necessity, which denounces our Separation, and hold them, as we hold the rest of mankind, Enemies in War, in Peace Friends.

We, therefore, the Representatives of the united States of America, in General Congress, Assembled, appealing to the Supreme Judge of the world for the rectitude of our intentions, do, in the Name, and by Authority of the good People of these Colonies, solemnly publish and declare, That these United Colonies are, and of Right ought to be Free and Independent States; that they are Absolved from all Allegiance to the British Crown, and that all political connection between them and the State of Great Britain, is and ought to be totally dissolved; and that as Free and Independent States, they have full Power to levy War, conclude Peace, contract Alliances, establish Commerce, and to do all other Acts and Things which Independent States may of right do. And for the support of this Declaration, with a firm reliance on the protection of divine Providence, we mutually pledge to each other our Lives, our Fortunes and our sacred Honor.


77 posted on 10/10/2008 10:07:36 AM PDT by Harrius Magnus (LIBERALS: We should invade their countries, kill their leaders and convert them to Christianity.)
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To: JennysCool

Your bank account is just the bank’s debt to you, so you’re going to forgive it and tell the bank they don’t owe you anything?


78 posted on 10/10/2008 10:08:55 AM PDT by Truthsearcher
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To: Danae
I'm wondering if this has been the dimocRAT/leftist plan all along? Destroy the current market system and then remake it into what they want.
79 posted on 10/10/2008 10:09:03 AM PDT by Parley Baer
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To: Kozak

OK..now wait a minute...think time! :) WHAT has to happen to fully globalize this planet? WHAT has to happen to make the majority of people WANT a cashless society? WHAT better bait than to say...hey...your debt is gone, just join this new and improved system, it carries all the answers. Not saying that could happen, just food for thought.


80 posted on 10/10/2008 10:09:25 AM PDT by briarbey b
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