Fannie Mae Asks For ANOTHER Bailout, China Blasts U.S. 'Debt Addiction', Saudi Stock Market First To PLUNGE On U.S. Downgrade, GOP Wants Geithner Fired, G-7 Plans Action In Wake Of Downgrade, BofA Fraud Claims Rise

Stories from around the web Saturday.

• Fannie Mae seeks $5.1 billion MORE from taxpayers - Reuters
• Bank Of America Getting MORE Claims Of FRAUD From Fannie
• China blasts US 'debt addiction' and calls for new global reserve currency
• Saudi stock market first to PLUNGE on S&P U.S. downgrade - Down 6%
• Republicans Want Geithner to Walk The Plank After AAA Downgrade
• G-7 Holds Special Meeting to Coordinate Central Bank Action after U.S. Downgrade
• After S&P downgrade, White House says 'we must do better'
• IRS: Not enough rich Americans to cover the deficit
• Harry Reid: S&P downgrade backs Dems' call for New Taxes
• Obama Looks to Super Rich, Wall Street to Fund 2012 Campaign
• Helicopter Crash in Afghanistan Reportedly Kills All Members of SEAL Team 6
• Leon Panetta Hypes al Qaeda to Ward Off More Defense Cuts
• Hedge Funds lose hundreds of millions in UK banks
• How JP Morgan Took Over The State Of Kentucky

Comments

[DailyBail]

Truth Emerges About IED Carnage

http://original.antiwar.com/vlahos/2011/08/01/truth-emerges-about-ied-carnage/

[LiberatedCitizen]

I wonder if the enemy was tipped off about that helicopter!!!

Fannie Mae needs a bailout or the banksters?

http://www.reuters.com/article/2010/01/05/us-usa-housing-bailout-idUSTRE6044YU20100105

http://finance.fortune.cnn.com/2011/01/03/is-fannie-bailing-out-the-banks/

German Government Thinks Italy Too Big For EFSF To Save -Spiegel

http://www.nasdaq.com/aspx/stock-market-news-story.aspx?storyid=201108061248dowjonesdjonline000231&title=german-government-thinks-italy-too-big-for-efsf-to-savespiegel

Don't Bet On The Fed

http://www.oftwominds.com/blog.html

Sounds like the S & P is doing the Democrats bidding so they can up your taxes !

White House: S&P downgrade is why Obama 'pushed for grand bargain'

http://thehill.com/homenews/administration/175763-white-house-sap-downgrade-is-why-obama-pushed-for-grand-bargain

[LiberatedCitizen]

The Bankster Plan to Hijack the Next Budget Deal

http://www.economicpolicyjournal.com/2011/08/bankster-plan-to-hijack-next-budget.html

[chunga]

JPMorgan attempts Takeover of FDIC?

http://www.foreclosurehamlet.org/profiles/blogs/jpmorgan-attempts-takeover-of-fdic?xg_source=activity

[Howard T. Lewis III]

"Republicans want Geithner to Walk the Plank After AAA Downgrade". Cute. An image I would like to put as a screen saver on my computer. But I don't buy it. I believe it was GOP posterboy Norquist(?) who talked about shrinking the government to the size it could "be drowned in a bath tub"..
Well, the SEC has gone south to the land of pimply faces and web-porn and the FTC is also mum. Where are the prosecutions? Why is the flow of loot not being curtailed? Why blame the NWO American-destroyer neocon cabin-boy little Timmy Geithner for responsibility in displaying for the world how it is open season on the heart of America. If you are into the oil business, airport security, stock and banking trade, nuclear industry, etc., there is a job for YOU with the NWO/OWO to create a devastating event to help bring down America and rip-off its people. They are watching the telly, and they won't feel a thing until it is too late. Any republican still on their knees before the 'school' of Bush41 or Bush43 knows how Obummer made the grade to get the nomination. Every day the image of the U.S. Marshalls marching into congress and arresting most of them looks sweeter and sweeter. Michele Obama using post-election magazine covers to flash the victory handsign used by satanists Aleister Crowley, Anton LeVey, Jack Parsons, and NSA general,chief of all psychological warfare-head of the church of satan Michael Aquino did not help Obummer's case one God damned bit.
Boehner and that freaky 'dance with the stars and hand Sun -Young -Moon the sceptor of the 'new messiah' in the auditorium of the U.S.Senate Hart building' Tom Delay should be enough to convince even the densest democratic party activist that somebody left the barn door open a LONG time ago. Grayson must be convinced by now that he is, indeed, a different species than the electorate. Just a few more successful lies over the CFR television and it could get really bad. I sure hope Dr. Ron Paul still has a soul.
Geithner, you lousy punk.

[john]

test.... got it DB, changed browser to firefox .... thanks.

[john]

Tel Aviv Stock Exchange opens to 6% losses as global crisis felt in Israel

http://www.haaretz.com/news/national/tel-aviv-stock-exchange-opens-to-6-losses-as-global-crisis-felt-in-israel-1.377396

[chunga]

I found this hidden on the front page of today's Boston Globe (8/7/11)

http://www.boston.com/realestate/news/articles/2011/08/07/building_his_empire_by_taking_others_homes/?page=1

Building an empire, one home at a time

He operates the largest foreclosure law firm in the state, and these hard times have made Mark P. Harmon a very busy man. Some critics assail his tactics, but Harmon is unapologetic: Lenders, after all, need zealous lawyers, too.

A few more fun snips from the article page...do we have another Foreclosure Mill headed to Davey Jones Locker?

"Indeed, the firm’s determination to get the job done can cause emotions to erupt, especially those of desperate homeowners. (It is why Harmon Law’s Newton offices are fortified with security glass.)

"But some legal specialists say Harmon Law’s role in moving mortgages around poses ethical problems. For instance, they say, the firm’s attorneys purport to represent the lender transferring a mortgage as well as the lender receiving it. They question how Harmon’s attorneys can call themselves vice presidents of a company that doesn’t pay them salaries."

"John L. O’ Brien, head of the Southern Essex District Registry of Deeds in Salem, said he found five different versions of Andrew Harmon’s signature on foreclosure-related legal documents as part of an investigation into alleged robosigners - information he submitted to Coakley’s office."