Posted by: Disillusioned | May 25, 2009

Tribute to Memorial Day

Tribute to Memorial Day

There is a lot going on.  Just to catch you up on recent happenings:

North Korea conducted a nuclear test and reportedly fired three short-range missile shortly afterwards.

Iran sends six ships to international waters:

Israeli planes drop pamphlets warning people to stay away from the borders:

Riots in India: 

Total banks siezed so far this year is 36:

Of those 36 banks, one in Florida will cost FDIC $4.9 Billion:

Bomb explodes outside of New York’s Starbucks:

The Dollar Declines:

Option ARM Mortgages dues to explode shortly:

Senate approves $91.3 Billion to fund both wars:;_ylt=Ala37mtGSHTgcMNKuMnlYrys0NUE;_ylu=X3oDMTJwdmJhb3Q5BGFzc2V0A2FwLzIwMDkwNTIyL3VzX2NvbmdyZXNzX3dhcl9mdW5kaW5nBGNwb3MDMwRwb3MDMTAEc2VjA3luX3RvcF9zdG9yeQRzbGsDc2VuYXRlcGFzc2Vz

And most interesting:  When TARP money is repaid, it does not go to pay off the federal debt as told to us, but rather put into a fund that the fed can re-loan or re-invest as it sees fit.  At 1:39:00  and 1:48:25 of the video.


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