The Postal Service is said to be bankrupt, Cenk Uygur gives you the truth. How did the Republicans screw the Post Office? The Young Turks on Current TV: current.com The Largest Online New Show in the World. Google+: www.gplus.to Facebook: www.facebook.com Twitter: twitter.com Support TYT for FREE: bit.ly ]]> http://www.federal-bankruptcy.net/2012/05/15/postal-service-bankrupt.html/feed 0 http://www.federal-bankruptcy.net/2012/05/08/pt-6-americas-bankrupt-banks-inside-the-meltdown.html http://www.federal-bankruptcy.net/2012/05/08/pt-6-americas-bankrupt-banks-inside-the-meltdown.html#comments Tue, 08 May 2012 09:55:59 +0000 Federal Bankruptcy http://www.federal-bankruptcy.net/?page_id=38

On Thursday, Sept. 18, 2008, the astonished leadership of the US Congress was told in a private session by the chairman of the Federal Reserve that the American economy was in grave danger of a complete meltdown within a matter of days. “There was literally a pause in that room where the oxygen left,” says Sen. Christopher Dodd (D-Conn.). As the housing bubble burst and trillions of dollars’ worth of toxic mortgages began to go bad in 2007, fear spread through the massive firms that form the heart of Wall Street. By the spring of 2008, burdened by billions of dollars of bad mortgages, the investment bank Bear Stearns was the subject of rumors that it would soon fail. “Rumors are such that they can just plain put you out of business,” Bear Stearns’ former CEO Alan “Ace” Greenberg tells FRONTLINE. The company’s stock had dropped from $171 to $57 a share, and it was hours from declaring bankruptcy. Federal Reserve Chairman Ben Bernanke acted. “It was clear that this had to be contained. There was no doubt in his mind,” says Bernanke’s colleague, economist Mark Gertler. Bernanke, a former economics professor from Princeton, specialized in studying the Great Depression. “He more than anybody else appreciated what would happen if it got out of control,” Gertler explains. To stabilize the markets, Bernanke engineered a shotgun marriage between Bear Sterns and the commercial bank JPMorgan, with a promise that the federal government would use $30 billion to cover Bear Stearns … ]]> http://www.federal-bankruptcy.net/2012/05/08/pt-6-americas-bankrupt-banks-inside-the-meltdown.html/feed 0 http://www.federal-bankruptcy.net/2012/05/08/the-washington-blade.html http://www.federal-bankruptcy.net/2012/05/08/the-washington-blade.html#comments Tue, 08 May 2012 06:05:59 +0000 Federal Bankruptcy http://www.federal-bankruptcy.net/?page_id=37

More NEWS at www.newzzcafe.com Buffeted by foreign competition, then blindsided by a digital revolution, photography icon Eastman Kodak Co. is fighting for survival after a quarter-century of failed efforts to find its focus. The 131-year-old company that turned picture-taking into a hobby for the masses has tried to bat down sudden talk of bankruptcy. But concern about its prospects has hit a fever pitch after it enlisted a legal adviser to explore ways to revive its sagging fortunes. The collapse of such a legendary brand would not only reverberate through American business, but would also have a cultural effect on generations who took their first snapshots with film cameras bearing the unmistakable yellow-and-red K logo. www.ft.com ]]> http://www.federal-bankruptcy.net/2012/05/01/kodak-to-file-for-bankruptcy-10-3-2011.html/feed 0 http://www.federal-bankruptcy.net/2012/04/24/funding-government-by-the-minute.html http://www.federal-bankruptcy.net/2012/04/24/funding-government-by-the-minute.html#comments Tue, 24 Apr 2012 09:45:59 +0000 Federal Bankruptcy http://www.federal-bankruptcy.net/?page_id=35

Students, get a full week of this at a summer seminar: lrnlbty.co At the rate the federal government spends, it runs out of money on July 31. What programs should be cut to balance the budget and fund the government for the remaining five months of the year? Cutting NASA might buy two days; cutting the Navy could buy fifteen. It seems that balancing the budget may require more than just cutting government programs. What should be done? ]]> http://www.federal-bankruptcy.net/2012/04/24/funding-government-by-the-minute.html/feed 0 http://www.federal-bankruptcy.net/2012/04/17/ron-pauls-brother-on-federal-reserve-system.html http://www.federal-bankruptcy.net/2012/04/17/ron-pauls-brother-on-federal-reserve-system.html#comments Tue, 17 Apr 2012 09:40:59 +0000 Federal Bankruptcy http://www.federal-bankruptcy.net/?page_id=34

The International Banks are looting the people of the World and turningthem into slaves on a Global Plantation. Video from “The Obama Deception.” See full film here: www.youtube.com The Obama Deception is a hard-hitting film that completely destroys the myth that Barack Obama is working for the best interests of the American people. The Obama phenomenon is a hoax carefully crafted by the captains of the New World Order. He is being pushed as savior in an attempt to con the American people into accepting global slavery. We have reached a critical juncture in the New World Order’s plans. It’s not about Left or Right: it’s about a One World Government. The international banks plan to loot the people of the United States and turn them into slaves on a Global Plantation. Covered in this film: who Obama works for, what lies he has told, and his real agenda. If you want to know the facts and cut through all the hype, this is the film for you. Watch the Obama Deception and learn how: – Obama is continuing the process of transforming America into something that resembles Nazi Germany, with forced National Service, domestic civilian spies, warrantless wiretaps, the destruction of the Second Amendment, FEMA camps and Martial Law. – Obama’s handlers are openly announcing the creation of a new Bank of the World that will dominate every nation on earth through carbon taxes and military force. – International bankers purposefully engineered the worldwide financial meltdown to bankrupt … ]]> http://www.federal-bankruptcy.net/2012/04/17/ron-pauls-brother-on-federal-reserve-system.html/feed 0 http://www.federal-bankruptcy.net/2012/04/10/pt-3-americas-bankrupt-banks-inside-the-meltdown.html http://www.federal-bankruptcy.net/2012/04/10/pt-3-americas-bankrupt-banks-inside-the-meltdown.html#comments Tue, 10 Apr 2012 09:35:59 +0000 Federal Bankruptcy http://www.federal-bankruptcy.net/?page_id=33

On Thursday, Sept. 18, 2008, the astonished leadership of the US Congress was told in a private session by the chairman of the Federal Reserve that the American economy was in grave danger of a complete meltdown within a matter of days. “There was literally a pause in that room where the oxygen left,” says Sen. Christopher Dodd (D-Conn.). As the housing bubble burst and trillions of dollars’ worth of toxic mortgages began to go bad in 2007, fear spread through the massive firms that form the heart of Wall Street. By the spring of 2008, burdened by billions of dollars of bad mortgages, the investment bank Bear Stearns was the subject of rumors that it would soon fail. “Rumors are such that they can just plain put you out of business,” Bear Stearns’ former CEO Alan “Ace” Greenberg tells FRONTLINE. The company’s stock had dropped from $171 to $57 a share, and it was hours from declaring bankruptcy. Federal Reserve Chairman Ben Bernanke acted. “It was clear that this had to be contained. There was no doubt in his mind,” says Bernanke’s colleague, economist Mark Gertler. Bernanke, a former economics professor from Princeton, specialized in studying the Great Depression. “He more than anybody else appreciated what would happen if it got out of control,” Gertler explains. To stabilize the markets, Bernanke engineered a shotgun marriage between Bear Sterns and the commercial bank JPMorgan, with a promise that the federal government would use $30 billion to cover Bear Stearns … ]]> http://www.federal-bankruptcy.net/2012/04/10/pt-3-americas-bankrupt-banks-inside-the-meltdown.html/feed 0 http://www.federal-bankruptcy.net/2012/04/10/mexicos-central-bank-intervenes-to-halt-peso-slide.html http://www.federal-bankruptcy.net/2012/04/10/mexicos-central-bank-intervenes-to-halt-peso-slide.html#comments Tue, 10 Apr 2012 06:00:59 +0000 Federal Bankruptcy http://www.federal-bankruptcy.net/?page_id=32

omf.gd ←← You won’t want to miss this high impact, edge-of-your-seat exposé of the men behind the wizard’s curtain that pulled the strings on the global financial crisis and what you can do about it. =================================== [March 16, 2011] PODCAST CONTENTS ★ currency war, ★ trade war, ★ virtual fence broken. ]]> http://www.federal-bankruptcy.net/2012/04/03/europe-and-america-morally-and-financially-bankrupt.html/feed 0 http://www.federal-bankruptcy.net/2012/03/27/ron-paul-bankruptcy-may-be-a-good-idea-for-us.html http://www.federal-bankruptcy.net/2012/03/27/ron-paul-bankruptcy-may-be-a-good-idea-for-us.html#comments Tue, 27 Mar 2012 09:25:59 +0000 Federal Bankruptcy http://www.federal-bankruptcy.net/?page_id=30

The US is in a debt crisis. Ron Paul says the US should “absolutely” declare bankruptcy, default on its debt, to save $1.7 trillion on interest payments. He says that would improve confidence because it lowers the national debt, and that would tell investors “we can handle it” now. ]]> http://www.federal-bankruptcy.net/2012/03/27/ron-paul-bankruptcy-may-be-a-good-idea-for-us.html/feed 0