Monday, November 12, 2007

US Dollar, Chinese Submarine & Money-sucking

I like this guy. He explains what I have concluded better than I can. Hmmm....

"This is from Bloomberg News:

“As the dollar tumbles, concern is growing that its weakness may augur the end of the U.S. currency's 62-year reign as the world's specie of choice for trade, financial transactions and central-bank reserves…..The dollar owes its position as the world's premier international currency to its status as a haven during times of turmoil, the absence of a suitable rival, weak domestic demand in other countries and plain old inertia. Geopolitics also play a role.”

Nonsense. Who believes this rubbish? The dollar is the so-called “international currency” because the Federal Reserve and its well-heeled patrons are the directors of the US-Euro-Japan banking cabal which is at the center of the global Fiat money scam. There’s nothing more to it than that. Notice the recent “unilateral” clamp-down on Iran by the US-led banking syndicate. The action was initiated without UN approval for the simple reason that the UN, the World Bank, the IMF, the WTO and thousands of NGOs are just more of the Central Banks’ prime properties. Don’t expect the father to ask the child for permission to punish one of his errant children. The banks are the one’s who really call the shots and—behind the curtain of feigned respectability---they are the driving force behind the endless wars
."

Read all about it. And check the comments for down below.

"Since the 2003 invasion of Iraq, at least 60,000 U.S. service members have been wounded or become mentally ill from their battlefield experiences."

Hell that's really bad. Wonder how many we got in Britain?

OOPs!

"American military chiefs have been left dumbstruck by an undetected Chinese submarine popping up at the heart of a recent Pacific exercise and close to the vast U.S.S. Kitty Hawk - a 1,000ft supercarrier with 4,500 personnel on board.

By the time it surfaced the 160ft Song Class diesel-electric attack submarine is understood to have sailed within viable range for launching torpedoes or missiles at the carrier.

According to senior Nato officials the incident caused consternation in the U.S. Navy."


Some better news today. Predictions are getting better.

"Tony Blair has been accused of "gold-digging" and "money-sucking" after he reportedly charged £240,000 for giving a speech in China."

If you cannot find the links in this blog, I have majority of them filed, Email me!

No comments: