Tuesday 29th July, 2008 The International Monetary Fund has cast another pall over the U. Financial sector.The IMF's latest assessment of global financial stability has not been able to give an indication as to when house prices will stop falling in the U.The poor prognosis came on the ...
...of investment bank Merrill Lynch announcing it was reducing its exposure to the U. housing market by selling some of its securities.The securities that Merrill Lynch bought for nearly US$31 billion will be sold for just under US$7 billion.Meanwhile next year's incoming U. president will inherit a budget shortfall for 2009 of US$482 billion.The shortfall could go even higher if home loan mortgage banks Freddie Mac and Fannie Mae approach the U. government for more money.Last week a law was adopted making the way clear for emergency credit for both organizations.Any projected funding for Freddie Mac and Fannie Mae has not been built in to the IMF projected shortfall.The cost of the wars in Iraq and Afghanistan have also not been counted.Comments on this story US gets another money shock from IMFLook where this war on terror has got you.LoL Sucked IN Dumbarses.Bush has done more damage than any Islamic extremeist could ever do.Who is the real terrorist.The real Terorists are...Those that are the 'casual factors'!For the last ~30 years, terrorism has sprouted from the US rEPUBLICAN pARTY lEADERS.They of course were not alone, by themselves could not have wrought so much damage and carnages. They however led the charge.When wonderful ronnie began his campaign to takeover the RePUBLICAN PARTY , and became successful in doing so by expunging Republicans that believed all Citizens were to be represented by those in power, by bringing into the Republican Party an issue of Religious Choice, and creating a Hatred of Unions within the American Peoples. He gave a voice and a persona to greed and hatreds. He became the wonderful ronnie leading a pilgramage, and he divided Our Nation.He of course was not the first of his cadre, the whole of history is repleate with those that sought 'leadership' for the power and greed of being the 'decider'.Wonderful ronnie saw the masses as worthy of 'trickles', while the elites were the ghosts of wealth and entitlements. To be sucked from all the World’s Peoples. Whatever it took! And he assembled the most greedy devious and least moralistics he could find! They became his administration and the New rEPUBLICAN pARTY!And it is still in power! And there is a strong, very strong likelihood, it has also takenover the New dEMOCRATIC pARTY. The US Chamber of Commerce, once a bastion of Honest Businessmen, has become the the bastion of Greed and Stripminning and is leading the charge to conquer the World through 'Globalization'.Bribery has become the tool of war on the People’s Governments, WE SAW THIS!, in the lil pundits 'Coalition of the Willing', where bribery was the tool of entery into the group’s collection. Again not new, just to new heights! brazen and openly!And the terrors they rained down came in Bombs. The Bombing of innocents, and proclamations of 'for their own good!'Self Defense! To avoid having to fight for Our Freedom in Our Own Country! Not Just Waiting! Because 'they hate our freedoms!' All words for messianics created by wonderful ronnie! And meant to divide! So as to conquer!Remember the Buying of drugs in Afghanistan, selling of rockets to Iran, selling of Chemicals to Saddam, the Minning of Harbors in Nicaragua that killed families, the distain for Our Constitution, there of course is much more and run the whole course of infamy.The point being terror begot terror! And the issue was greed. The benefactors were few, the losses were of the many!The leaders were mainly rEPUBLICAN, and Today, dEMOCRATS have been seduced.Record 2009 Federal Deficit likely US$490 billion. The 2009 McCAIN administration in White House, we are going to teach Federal Reserve Chairman Ben Bernanke to pawn some of our US Gold Bars to distribute the Muslim Gold Dinar to generate the US dollar cash for McCAIN’s “NO NEW TAX HIKE”.
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