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WorldofMoney
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Greece and the U.S. connection
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Dodd and Shelby Agree on Plan to Bar Bank Bailouts – Senate Banking Committee Chairman Christopher Dodd said he and Republican Senator Richard Shelby have agreed “conceptually” on changes to the financial- overhaul bill aimed at preventing bailouts of Wall Street firms. The deal would eliminate a proposed industry-paid $50 billion fund to cover the government’s costs of liquidating a failing financial firm, Dodd said today in an interview. Republicans said the fund would encourage bailouts rather than prevent them.
Stocks, Euro Slide on Government Debt Concern; Commodities Sink – U.S. equities tumbled the most since February and European stocks erased their 2010 gain, while the euro slid to a one-year low, amid concern a government debt crisis is spreading. Oil, copper and gold sank on a slowdown in Chinese manufacturing. Treasuries rallied.
‘Bush-amatax cuts: The $2.2 trillion decision – They’re often called the “Bush” tax cuts. But at this point they might as well be called the Bush-ama tax cuts. Thats because President Obama has embraced the tax relief measures introduced in 2001 and 2003, proposing they be extended indefinitely for most Americans. If lawmakers do nothing, the measures expire Dec. 31.
Andrew Gause,is a nationally recognized currency historian and money expert and is not afraid to defy the conventional wisdom and call it how it is by backing it up with facts. When it comes to the privately owned Federal Reserve, monetary systems, social security, the national debt, economic policy or private issues there is no better expert than our own true patriot.
Andrew has done over 1,000 TV and radio appearances and publishes a weekly newsletter “The World of Money.” His first book “The Secret World of Money,” challenges a wide range of topics dealing with the history and future of money. His second book, “Uncle Sam Cooks The Books” predicted the great calamity of 2007.
Andrew can be found LIVE every Wednesday 10am -11am CST on One Radio Network with host Patrick Timpone so if you are not tuned in you lose out!
https://soundcloud.com/oneradionetwork/gause_andrew_may_08_10
