View from the Titanic — in the news the week of 1-21-08

Chalmers Johnson, “How To Sink America”
http://www.rense.com/general80/sink.htm
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Bill Engdahl, “The Financial Tsunami Part III: Greenspan’s Grand Design”
http://www.financialsense.com/editorials/engdahl/2008/0123.html
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“Housing prices to free fall in 2008″
http://money.cnn.com/2008/01/23/real_estate/merrill_forecast/index.htm?
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“A tipping point? ‘Foreclose me … I’ll save money’”
http://latimesblogs.latimes.com/laland/2008/01/a-tipping-point.html
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George Soros, “The worst market crisis in 60 years”
http://www.ft.com/cms/s/0/24f73610-c91e-11dc-9807-000077b07658.html
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Rick Ackerman, “PPT emerges from the shadows”
http://news.goldseek.com/RickAckerman/1201071660.php

More banking woes: the lawsuits begin

CLEVELAND SUES 21 BANKS OVER SUBPRIME MESS
by Henry J. Gomez and Thomas Ott, January 11, 2008
Mayor Frank Jackson took aim at Wall Street on Thursday with a lawsuit against 21 major investment banks that he said have enabled the subprime lending and foreclosure crisis here.
The one-of-a-kind suit, filed in Cuyahoga County Common Pleas Court, accuses venerable [...]