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More Information: Glass-Steagall Act

Derivatives Bubble $1.5 Quadrillion

 

 

 

Freeze the $1.5 Quadrillion Global Derivatives Bubble As the First Step To World Economic Recovery

Act-Independent Statement to G-20 Summit, London, April 2, 2009

http://www.actindependent.org/G20.pdf

Bailout — European Union?

May 9, 2010
The Federal Reserve authorized reciprocal currency arrangements (swap lines) with European Banks to help the European Union with its financial problems, (Greece, Portugal, Spain).  In plain English:  Fed Chief Ben Bernanke plans to print an unlimited number of dollars to buy European bonds — many of them junk bonds.

http://www.federalreserve.gov/newsevents/press/monetary/20100509a.htm

Obama Hammers Germany

5 minute video
http://www.larouchepac.com/lpactv?nid=14438