Men at Work ~ Overkill
Syrian Troop Buildup at Lebanese BorderHezbollah's Hudna
Lebanon's Last Jews
Olmert: Believers in Biblical prophecy are delusional
Man of Peace!
Mahmoud Abbas' Fatah has been providing financial support to al-Qaida allies in the Gaza Strip, including some of the most radical Islamist organizations in the territory, according to information obtained by WND.
9/17/08: GWB gets his Iftar onmeantime, back in the world.....Spleen Archives: 9/14 through 9/21
Tracking the influence of Muslims in a society, from 1% to 100%
Tourists seized in Egypt The Terrorism Index 2008
Iraqi Lawmaker Faces Prosecution For Visiting Israel
Rabbis my Radical Jewtian Ass
Iran asks Pakistan to ensure IPI pipeline security
MIAMI: The United States slapped sanctions on six Iranian military firms on Wednesday and charged 16 foreign companies and individuals with illegally obtaining US military goods for Tehran, including microchips that can be used to trigger roadside bombs
Chavez begins 5-nation tour with visit to Castro
TURKEY: PRESS SCAN FOR SEPT 22
PRAVDA: The World Should Unite Against the USARussian warships set sail on Monday for manoeuvres in the Caribbean area calculated to demonstrate to the United States Moscow's return as a global power on the military and political stage
Boston Globe makes a preemptive Commie Dhimmification strikeLA Times makes THEIR preemptive Commie Dhimmification strike
Obama pledges support to Kosovo
Wall Street wiped out: Goldman and Merrill to "change structure"
Amazing Financial Shapeshifting!
Fed allows Goldman, Morgan to become bank holding companies
PAULSON:"We have a global financial system"
"The American people don't care who owns the financial institution"
Prior notification to the concentration between Deutsche Bank/Goldman Sachs/Befraco
The free market for all intents and purposes is dead in America,' said Senator Jim Bunning of Kentucky, a member of Mr Bush's own Republican Party.
Microsoft Plans Debt Sales, $40 Billion Stock Buyback
INDIA: Swaminomics ~ Socialists, like Hugo Chavez in Venezuela or Indira Gandhi in India, are famous for nationalising the biggest corporations. But the US government has taken over three of its biggest corporations within two weeks. Has the US turned socialist? American right-wingers moan that this is indeed the case. Meanwhile, Indian leftists are stunned at nationalisation in a country they view as pitilessly capitalist. Two of the nationalised corporations, Fannie May and Freddie Mac, are by far the biggest mortgage lenders in the world, with $5 trillion of mortgages and loans on their books. That’s five times India’s GDP, to put their size in perspective. The third corporation, AIG, is the biggest insurance company in the world. No nationalisation in professedly socialist countries was ever so big.Fury at $2.5bn bonus for Lehman's New York staff
Chinese call for "new currency order" BEIJING (Reuters) - Threatened by a "financial tsunami," the world must consider building a financial order no longer dependent on the United States, a leading Chinese state newspaper said on Wednesday.3 Wood says this about that:
The commentary in the overseas edition of the People's Daily said the collapse of Lehman Brothers Holdings Inc (LEH.P: Quote, Profile, Research, Stock Buzz) "may augur an even larger impending global 'financial tsunami'."
Oh, this is a bunch of crap. If everyone else was so worried about the dollar, then they would not all be standing back sucking their thumbs and waiting the the US to fix this mess. This is one of those "scare stories" I was talking about.China has been dealing with 12% to 15% inflation (that they admit to), so they have no room to be talking about other currencies being shaky. Screw them and the horse they rode in on.
OK. But Chinese Currency and Paulson have come up A LOT in my research lately:
SEPTEMBER 2006: Top on Paulson's list: getting China to loosen currency controls.DECEMBER 2006: Paulson, China and the turmoil beneath
US Treasury Secretary Henry Paulson, an expert on China with more than 70 business trips there as a private banker, is in China with six other cabinet members and the chairman of the Federal Reserve, Ben Bernanke, to discuss US-China trade relations.
The venue is the first meeting of a newly created semi-annual Strategic Economic Dialogue. Reflecting the growing relationship between the US and Chinese economies, this dialogue will occur at the highest official levels and is the first of its kind. It will provide an overarching framework for ongoing productive bilateral economic dialogues and future economic relations. It will examine long-term strategic issues, as well as provide coordination among the specialized continuing dialogues. The Strategic Economic Dialogue will also be a forum for discussing ways the United States and China can work together to address economic challenges and opportunities as responsible stakeholders in the international economic system.
MARCH 2007: Paulson's Task: China's Currency, U.S. OpinionsOverall, Paulson has a very rosy picture about the future of the economy. In a week when former Fed chairman Alan Greenspan made waves by talking about the possibility of recession, the secretary insisted the U.S. economy is moving toward sustainable growthJUNE 2007: Paulson Says China’s Currency ‘Doesn’t Reflect Reality’
In an interview with CFR.org, U.S. Treasury Secretary Henry M. Paulson says U.S. policymakers will push China for more flexibility in taking steps in the short term that will allow its currency to appreciate, with an eye toward the currency having a market-determined valuation in the “intermediate term.” Paulson says there is a greater need for currency adjustment now than in 2005, when China took steps to reform its currency and loosen its peg to the U.S. dollar
AUGUST 2008: Paulson: China moving in right direction on currency
Growing right-wing opposition to the Paulson plan
Ronnie James Dio ~ Holy Diver
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