>>Two years after the 2008 bailout, the economy continues to struggle with a
lack of credit, the hallmark of recessions and depressions. Credit (or
debt) is issued by banks and is the source of virtually all money today.
When credit is not available, there is insufficient money to buy goods or
pay
Tightening the Noose on Credit
by Ellen Brown
www.webofdebt.com (September 16 2010)
The stock market shot up on September 13, after new banking regulations
were announced called Basel III. Wall Street breathed a sigh of relief.
The megabanks, propped up by generous taxpayer bailouts, would have
