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In reply to your posted video;

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properlynumb Member Profile properlynumb Member Level 
Saturday, June 09, 2012 12:37:56 PM
Re: NYBob post# 48301 Post # of 81009 
In reply to your posted video;
Quote:
Lew Rockwell: Ron Paul - Rand Paul are different -


It seems like the Republican Party will support an oligarchy that manipulates our politicians and secure the end of Capitalism and Free Trade!

Yea, if Capitalism hasn't died in 2008 the downgrade of 5 out of 6 of our biggest banks from Moodie's will take effect on Monday!
Here's a link from the NASDAQ:
http://www.nasdaq.com/article/banks-brace-for-moodys-downgrades-20120608-00782

The story is front page on the Wall Street Journal:

BY KELLY NOLAN, KIRSTEN GRIND AND ANUSHA SHRIVASTAVA

"Banks, bond issuers and investors are bracing for aftershocks from a wave of bank downgrades expected to hit the U.S. as soon as the coming week.

Moody's Investors Service has said it is likely to reduce by the end of June credit ratings for 17 large global banks, including five of the six biggest U.S. financial firms by assets. The downgrades are expected to raise borrowing costs and crimp some lucrative trading businesses at the banks, including at J.P. Morgan Chase & Co., Bank of America Corp., Citigroup Inc., Goldman Sachs Group Inc. and Morgan Stanley."

..........................................You'll have to buy the weekend edition for 2 bucks..............................





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