Sorry aber das koennt ihr selber uebersetzen,oder einfach ueberblaettern wenn es zu viel ist.
A Status Report On The US Empire:
According to the Pentagon's 2008 “Base Structure Report” (its annual unclassified inventory of the real
estate it owns or leases around the world), the US maintains 761 active military “sites” in foreign
countries. The United States has 510,927 military service personnel deployed in 151 foreign countries.
With a presence in 151 foreign countries and with 761 bases, the question can again be asked. Where are
the national borders of the United States? 
But behind the present stage of US global military might lies
another historical fact. The economic costs of this global military reach are enormous. According to the
Fed, in July 2008 US workers in production or non-supervisory roles earned 3.1 percent less than they did
a year ago after adjusting for the rising cost of living. Again according to the Fed, 40 percent of
American families spend more than they earn.
The military enterprise is destroying living standards.
Status Report On The US Financial System:
US losses and write-downs on securities related to home loans to people with poor credit now exceed
$US 504 Billion at financial institutions and there is more to come. Over the last four months, the prices
of US commercial (repeat - commercial) real estate have started to fall at an accelerating rate.
ALL American Roads Lead To The US Treasury:
In July, US Treasury Secretary Paulson was forced to seek Congressional authority to inject unlimited
capital into Fannie Mae and Freddie Mac after their shares tumbled about 90 percent, wiping out some
$US 54 Billion of stock market value.
On August 26, Federal Deposit Insurance Corp. Chairman Sheila
Bair said that her agency might have to borrow money from the Treasury Department to see it through an
expected wave of bank failures which lie ahead. General Motors reported a second-quarter loss of $US
15.5 Billion and Ford Motor Co reported an $US 8.7 Billion loss. The US auto makers are on the way to
Congress to ask for the US Treasury to borrow $US 50 Billion and re-lend it to them on easy terms for
three years while they re-capitalise their plant and equipment. They can’t do it without these loans.
A Quote To Alarm The World:
Mr Yu Yongding, a former adviser to China's Central Bank, has come out with the following statement:
“If the US government allows Fannie and Freddie to fail and international investors are not compensated
adequately, the consequences will be catastrophic. If it is not the end of the world, it is the end of the
current international financial system.”
China holds $US 376 Billion of long-term US agency debt, most of it in Fannie and Freddie assets.
Perhaps The Chinese Gentleman Listened To Mr Buffett:
Fannie Mae and Freddie Mac, the two largest mortgage finance companies, “don't have any net worth”,
billionaire investor Warren Buffett said. “The game is over” said Buffett, the 77-year-old Chairman of
Berkshire Hathaway, in an interview on August 22. Fannie has about $US 120 Billion of debt maturing
through September 30 while Freddie has $US 103 Billion due, according to the figures provided by the
companies. If either company is unable to roll over this debt, the government could be forced to step in.
The Fannie/Freddie report called for an equity injection by the US government in a quasi nationalization.
This does not require putting the agencies' liabilities on the US balance sheet and doubling the US debt!
After accounting for tax assets and generous asset markets, Fannie and Freddie each may have a negative
$US 50 Billion in asset value with little prospect of digging themselves out of the hole, Barron's reported.
Status Report On The US Collateral Foundation:
In financial terms, Fannie and Freddie are placed on top of their collateral foundation. That foundation is
made up of the valuations of American real estate. If these valuations fall, the asset side of Fannie and
Freddie’s balance sheet starts to fall while their mortgages held and the guarantees they have made do not
fall in the slightest. These last two are their liabilities. It is time to take a clear look at this US collateral
foundation. The median sales price of California homes sold in July was 40.3 percent below where it was
a year ago, the California Association of Realtors has reported. California’s median sales prices across
the state, which peaked at just under $US 600,000 late last summer, have fallen from $US 587,560 in July
2007 to $US 350,760 in July 2008. This is a US collateral foundation crash.
The US Deflationary Crash:
It is also a full scale deflationary event. Consider a full cash purchase sale at the median price in July
2007. If that purchaser had sold one year later in July 2008 he would have received 40.3 percent or
$US 236,800 less than he paid for the house. That loss would have deflated or contracted his future
capacity to make purchases or investments by that amount. Of course, these days very few buyers
purchase a house for cash. Instead, money is borrowed to cover 80-90-100 percent of the purchase price.
The same collateral crash exposes the lenders to the same scale of losses, however, and it is these lenders’
mortgages which Fannie and Freddie have already bought or offered their guarantees against!
The US Deflationary Crash Goes Local:
US regional banks together with US insurers hold the majority of Fannie and Freddie's $US 36 Billion of
outstanding preferred stock. They could be wiped out in the event of a government rescue. This means
that it is not enough for the US Treasury to bail out Fannie and Freddie, all these small and mid-sized US
banks will also have to be taken care of. These US regional banks are now seeing their main investments
in commercial real estate contracting as mentioned earlier in this report.
The US Deflation Crash Goes Global:
As also mentioned earlier, across the world from China to Australia to Europe and Russia there are
myriads of financial institutions which have already made their own representations to the US Treasury as
well as to Congress and the Bush Administration. They are now placing demands to be compensated for
the enormous losses which they see ahead. There is NO way for the US to make such compensation.
Lend And Borrow Faster Or The US Will CRASH:
As this Global Report makes clear, and on the latest full factual grounds, the US is engaged in an
enormous overstretch both geo-strategically and geo-economically. The American public is the elastic in
the middle. Economically, their lives are being torn apart by the tragic fall in valuations of their
investments in everything from houses to stocks to cash money. Yes, US cash money has lost 5.6 percent
in purchasing power in a month as US consumer prices climb while wages and salaries are not climbing.
Geo-strategically, the US military machine is concentrating six US carrier task forces in or close to the
Persian Gulf, a concentration of military might not seen in the Middle East since the US lined up for its
attack on Iraq more than five years ago. In the Black Sea close to Georgia, there are now US and NATO
ships nose-to-nose with the Russian main Black Sea fleet. These military moves could easily blow up. 
more >>>>
