IMF Warns It Will Go BROKE If Crisis Worsens, Fed’s Raskin Says More QE Needed, Berlusconi Insults Germany's Merkel, Latest EURO Rescue Plan Threatened (14 LINKS)

• IMF warns it will go BROKE if crisis worsens - BBC
• European Differences Threatens Latest Rescue Plan - WSJ
• Citi’s Pandit: High capital can INCREASE systemic risk
• Fed’s Raskin says more QE may be needed
• New U.S. home sales fall 2.3% in August
• Portugal downgrades 2012 economic outlook
• Bank Of France Says French banks can withstand any Greek scenario
• Global Warming: The Guilty Men
• Berlusconi ‘called Germany's Merkel an unfu**able lard-ass’
• Greek default would destroy faith in Europe: Merkel
• How the Federal Reserve Helped Pay for World War I - Mises
• Spanish Wind Company Received $867M In U.S. Energy Stimulus Funds
• Scientists discover virus that kills all grades of breast cancer ‘within seven days’
• Colombia Spent U.S. Anti-Drug Aid Hiding Political Ties to Drug Trade

Additional stories are in comments below.

Comments

[DailyBail]

A petition to legalize and regulate marijuana quickly jumped to the top of a the White House's online petition site on Thursday, the first same day it was launched.

The petition, on the White House's "We the People" site, asks: "Isn't it time to legalize and regulate marijuana in a manner similar to alcohol? If not, please explain why you feel that the continued criminalization of cannabis will achieve the results in the future that it has never achieved in the past?"

The White House has promised to issue an official response for any petition that gets at least 5,000 signatures within 30 days. As of Thursday night, the marijuana petition already had more than 10,000 signatures.

http://www.rawstory.com/rs/2011/09/22/marijuana-question-sky-rockets-to-top-of-new-white-house-petition-site/

[DailyBail]

SEOUL — South Korean prosecutors have charged four Deutsche Bank employees with illegally manipulating Seoul's stock market last year to earn more than $40 million on a single day, a report said on Sunday.

http://www.google.com/hostednews/afp/article/ALeqM5gMxR74tPEptX4c1b5iNPRl6ymIKQ?docId=CNG.b5a833891190fbeb1f7be1f9f5aefd41.21

[DailyBail]

New York City was under siege this week. Decent folk cowered at home while two-bit thugs stalked our streets, guarding the self-important sociopaths invading Manhattan.

Yep, the United Nations’ General Assembly met as always at this time of year, plotting to grab more power over the world, and the NYPD milked that for all the overtime it could get.

http://lewrockwell.com/akers/akers165.html

[DailyBail]

Are the Tribes of Europe Ready to Explode?

http://www.thedailybell.com/2995/Are-the-Tribes-of-Europe-Ready-to-Explode

[DailyBail]

Nearly 1 in 4 young children in the U.S. living below the poverty line, but aid to Israel is untouchable

http://mondoweiss.net/2011/09/nearly-1-in-4-young-children-in-the-u-s-living-below-the-poverty-line-but-aid-to-israel-is-untouchable.html

[DailyBail]

Leopold Kohr warned 50 years ago that the gigantist global system would grow until it imploded. We should have listened

http://www.guardian.co.uk/commentisfree/2011/sep/25/crisis-bigness-leopold-kohr

[DailyBail]

NYPD Ordered to Stop Marijuana Possession Arrests

http://www.activistpost.com/2011/09/nypd-ordered-to-stop-marijuana.html

[DailyBail]

'Massive jobs shortfall' predicted for global economy

http://www.guardian.co.uk/business/2011/sep/26/job-creation-governments-ilo-crisis

[DailyBail]

Piper Jaffray analyst Gene Munster also downplayed speculation of a pullback in iPad production saying in a note: “While we heard chatter of supply-chain order reductions, the absolute sell-in figures for the second half of 2011 likely remain well above our estimates.”

Munster also argued that “previous calls based on sell-in or supply chain data have, for the most part, proven to have very little correlation with Apple’s results versus consensus dating back to early iPod shipments.”

http://www.marketwatch.com/story/apple-shares-stung-by-reported-ipad-cuts-2011-09-26

[DailyBail]

WASHINGTON (MarketWatch) — The clock is again ticking toward a partial government shutdown on Friday as the Senate prepares to vote late Monday on its own version of a stopgap spending bill.

http://www.marketwatch.com/story/shutdown-threat-looms-as-senate-meets-2011-09-26?link=MW_home_latest_news

[DailyBail]

CHICAGO (MarketWatch) — Given the bloated supply of existing homes for sale, including a glut of foreclosures, there aren’t many people willing to shell out a premium price for a newly built house.

http://www.marketwatch.com/story/why-would-you-buy-a-new-home-2011-09-26?link=MW_home_latest_news

[jon]

These bailouts are intentionally making us broke. The economy isnt going to get better. This is all planned. The solution is a new world order.