Lawsuits Coming Against Banks - Jim Willie Commentaries

There are some big lawsuits already underway, and more coming, against the big banks, including the Federal Reserve. These may bring out into public scrutiny some of the shennanigans that have been going on in the banking system.

Written Commentary:
http://www.financialsense.com/fsu/editorials/willie/2008/1216.html

Audio Interview
http://www.contraryinvestorscafe.com/broadcast.php?media=169

But it all makes you wonder whether Our Masters will really let these lawsuits come to fruition.

Keep your eyes and mind open,
Michael Childress

Jim Willie Audio Commentaries

Here are a couple of audio commentaries from Jim Willie on the current financial crisis. He is quite entertaining, but pretty dour.

http://www.contraryinvestorscafe.com/broadcast.php?media=159

http://www.contraryinvestorscafe.com/broadcast.php?media=163

There are other interviews and commentaries at the Contrary Investors Cafe, too, so check it out.

Keep your eyes and mind open,
Michael Childress

Collapse of COMEX Futures Market? Jim Willie Commentary

Jim Willie and others are anticipating a collapse in the COMEX commodities future exchange in December. This will be caused by a failure to deliver on gold and silver contracts - revealing price fixing shenanigans by COMEX, NYMEX, Big Banks, and Federal Government. Here's the latest commentary:

http://www.gold-eagle.com/editorials_08/willie112508.html

According to Jim Willie, first notices to COMEX on taking delivery will appear on 28 November, the day after Thanksgiving. There MAY be some reporting on this in your local paper, but it is more likely that the US propaganda machine will suppress all mention of it. If I can find anything on this, I will provide links.

Keep your eyes and mind open,
Michael Childress

Jim Willie Interview – Contrarian Investor Café

Old Jim Willie has a very dour view of things. Unfortunately, a lot of it makes too much sense to consider his perspective as simply ludicrous. In the meantime, the looting of the system by the financial powers that be continues. One of his key predictions: Another huge chunk of money requested by the banks in the next few weeks.

Here’s the link for the recorded interview:

http://www.contraryinvestorscafe.com/broadcast.php?media=141

Also note Jim Willie thinks that the US $ will soon be essentially worthless. This is in contrast to predictions by Robert Prechter, whose book Conquer the Crash will be excerpted on Sunday, October 26 here. Prechter thinks only cash will survive these financial times, and that even precious metals will decline in value, along with everything else. We will soon see who is right.

Keep your eyes and mind open,
Michael Childress

Two Perspectives on the Financial Crisis

Here are two perspectives on the current financial crisis.

Jim Willie gets almost hysterical at times in his revulsion at what is going on, but he still reveals a lot of info. Here is his take on the events of the last few weeks - what is really going on behind all the bailouts and mergers:

"Bataan Death March Tickertape"
http://www.financialsense.com/fsu/editorials/willie/2008/1009.html

William Engdahl has a much broader perspective on the grand strategies on the world stage. His tone is much more subdued and matter of fact, but his content is even scarier:

"BEHIND THE PANIC: Financial Warfare over future of global bank power"
http://www.financialsense.com/editorials/engdahl/2008/1009.html

These are increasingly desperate times. If the US banking system implodes, short term credit will severely disrupt ALL business operations in the US, including retail. This will threaten food supplies, utilities, and other necessities of modern life - likely resulting in considerable public "unrest".

Keep your eyes and mind open,
Michael Childress

JIm Willie Interview on Contrarian Investor Cafe

Jim Willie talks about fraud in the mortgage markets and banking system. Be sure to listen carefully at the end when he predicts the outcome for the U.S.A.

http://www.contraryinvestorscafe.com/broadcast.php?media=134

Keep your eyes and mind open,
Mike Childress

Prediction of US Financial Collapse - Jim Willie

The Big Bail Out probably won't succeed, but it might by the Powers That Be time until after the new President takes office to mollify the US Public. Here are some detailed projections of what is likely to happy from Jim Willie:

http://www.financialsense.com/fsu/editorials/willie/2008/1002.html

One special note: There is good reason to expect at least one major banking "holiday" ("lock down" is a better description) coming shortly. This is what happened in 1933 immediately after Roosevelt took office. Sometime between now and, say, February, we should expect the same thing - but expanded to cover banks and credit cards.

Keep your eyes and mind open,
Michael Childress

Causes and Ramifications of the Big Bail-Out by Jim Willie

LOTS of things are happening these days that are far, far beyond the comprehension of the great mass of American taxpayers. For some clarification about how deep the rat holes go, and some projections of the likely ramifications and outcomes, see the latest commentary by Jim Willie at:

http://news.goldseek.com/GoldenJackass/1222286087.php

You would be well advised to start hunkering down now before widespread panic begins in earnest.

Keep your eyes and mind open.
Michael Childress

Alternative News Columnists - Links

Two good sources of alternative socio-politico-econo-information:

Jim Willie
http://www.goldenjackass.com/main5.html

F. William Engdahl
http://www.financialsense.com/editorials/engdahl/main.html

You might want to bookmark these two sites to check their latest postings.

Keep your eyes and mind open,
Michael Childress