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Daily Dispatches
Treasury's power grab begins to worry Congress
Submitted by cpowell on Sun, 2008-09-21 21:19 Section: Daily DispatchesFew Limits Proposed for Treasury
Draft Rescue Bill Bars Court Review, Riling Lawmakers
By Jess Bravin
The Wall Street Journal
Monday, September 22, 2008
http://online.wsj.com/article/SB122204156493561237.html?mod=article-outs...
Dollar may get 'crushed' as traders weigh bailout
Submitted by cpowell on Sun, 2008-09-21 21:09 Section: Daily DispatchesBy Bo Nielsen and Anchalee Worrachate
Bloomberg News
Monday, September 22, 2008
http://www.bloomberg.com/apps/news?pid=20601101&sid=arSYa87HCb9U
U.S. Treasury Secretary Henry Paulson's plan to end the rout in U.S. financial markets may derail the dollar's three-month rally as investors weigh the costs of the rescue.
Clive Maund: Bailout will be inflationary, great for precious metals
Submitted by cpowell on Sun, 2008-09-21 13:56 Section: Daily Dispatches1:55p ET Sunday, September 21, 2008
Dear Friend of GATA and Gold:
Economists becoming skeptical of bailout plan
Submitted by cpowell on Sun, 2008-09-21 12:49 Section: Daily DispatchesBy Avi Zenilman
Politico, Arlington, Virginia
Sunday, September 21, 2008
Almost Armageddon: Market was 500 trades from a meltdown
Submitted by cpowell on Sun, 2008-09-21 12:14 Section: Daily DispatchesBy Michael Gray
New York Post
Sunday, September 21, 2008
http://www.nypost.com/seven/09212008/business/almost_armageddon_130110.htm
The market was 500 trades away from Armageddon on Thursday, traders inside two large custodial banks tell the Post.
Gene Arensberg: Gold, silver ETFs add metal on strong buying
Submitted by cpowell on Sun, 2008-09-21 03:10 Section: Daily Dispatches3:06a ET Sunday, September 21, 2008
Dear Friend of GATA and Gold (and Silver):
Indian women know that gold will never cheat them
Submitted by cpowell on Sun, 2008-09-21 03:02 Section: Daily DispatchesIndia's Love Affair with Gold Keeps Going Despite Volatile Prices
From Agence France-Presse
via Google News
Sunday, September 21, 2008
http://afp.google.com/article/ALeqM5gi5ompzS6gvnSuskAasuJTsO_5sQ
NEW DELHI -- Pushpa Bhatia is in a dilemma as she scans the glittering gold offerings laid out on a showcase at a fancy jewellery store in the Indian capital.
Advisers to both Obama, McCain created market mess
Submitted by cpowell on Sun, 2008-09-21 00:08 Section: Daily DispatchesBy Lisa Lerer
Politico, Arlington, Virginia
Saturday, September 20, 2008
http://www.politico.com/news/stories/0908/13683.html
The presidential campaigns went after each other's economic advisers this week -- and they're both right in claiming that the other camp deserves a share of the blame.
We went all-out this year, so can you help us reload?
Submitted by cpowell on Sat, 2008-09-20 23:23 Section: Daily Dispatches11p ET Saturday, September 20, 2008
Dear Friend of GATA and Gold:
Bailout plan is vast patronage under cover of martial law
Submitted by cpowell on Sat, 2008-09-20 14:35 Section: Daily Dispatches2:19p ET Saturday, September 20, 2008
Dear Friend of GATA and Gold:
The Wall Street Journal story appended here discloses what seem to be the two crucial details of the Bush administration's plan to rescue the financial system.