Tag Archives: US dollar

Tuesday, October 13, 2009, Citizen Wells, Open Thread, Obama, US dollar, Glenn Beck, Deficit, Government spending, Gold, Silver, Leo Haffey in jail

FREE LEO THE ATTORNEY FROM JAIL

 

Yesterday, October 12, 2009, was full of thought provoking and scary news items. Glenn Beck on Fox News did a superb job of exposing the Obama camp for treating Fox News, and in essence the American public, as the enemy. Beck also revealed who loses and who benefits from government run healthcare. His use of charts and simple explanations was reminiscent of Ross Perot and his techniques should be used by more politicians. Except for maybe one thing. Most politicians do not want to reveal the facts. Beck also has continued to warn of the decline in value of the US Dollar and has provided ideas to safeguard our assets.

Yesterday we learned that a six year old boy, a youngster who was proud of being in the cub scouts, was expelled from school for bringing his new cub scout knife to school. The young boy now faces the possibility of 45 days in a reform school.

What a bunch of idiots!

Barack Obama has lied and thugged his way into the White House and the six year old boy is expelled!

We also brought you a story about an ACORN worker who was convicted of voter fraud in Ohio.

This is an open thread for October 13, 2009. We are still waiting to find out what is going to happen to Nashville attorney Leo Haffey who was arrested on suspicious affidavits, denied bond in a hearing by presiding judge Gloria Dumas, who received a lengthy formal complaint from the TN Judiciary for illegal and unprofessional behaviour a few days later. Is Leo Haffey a political prisoner?

I recently delved into my archives regarding voter fraud in NC and found a really interesting document. I hope to reveal it to you soon.

I hope to share with you my plans to galvanize the public leading up to the 2010 elections. Please share this thought with bloggers that you trust and respect. We must gel as a cohesive group.

I have a collection of facts and thoughts on health care reform I have worked on. I hope to share that soon.

And speaking of Captain Connie Rhodes, her commanding officers and judge Land, I have not forgotten you either.

Wells

US dollar, Dropped in oil trading?, October 6, 2009, Arab states, China, Russia, France, The demise of the dollar, New world order

From the United Kingdom Independent, October 6, 2009:

“The demise of the dollar”

“In the most profound financial change in recent Middle East history, Gulf Arabs are planning – along with China, Russia, Japan and France – to end dollar dealings for oil, moving instead to a basket of currencies including the Japanese yen and Chinese yuan, the euro, gold and a new, unified currency planned for nations in the Gulf Co-operation Council, including Saudi Arabia, Abu Dhabi, Kuwait and Qatar.

 Secret meetings have already been held by finance ministers and central bank governors in Russia, China, Japan and Brazil to work on the scheme, which will mean that oil will no longer be priced in dollars.

The plans, confirmed to The Independent by both Gulf Arab and Chinese banking sources in Hong Kong, may help to explain the sudden rise in gold prices, but it also augurs an extraordinary transition from dollar markets within nine years.”

“The decline of American economic power linked to the current global recession was implicitly acknowledged by the World Bank president Robert Zoellick. “One of the legacies of this crisis may be a recognition of changed economic power relations,” he said in Istanbul ahead of meetings this week of the IMF and World Bank. But it is China’s extraordinary new financial power – along with past anger among oil-producing and oil-consuming nations at America’s power to interfere in the international financial system – which has prompted the latest discussions involving the Gulf states.

Brazil has shown interest in collaborating in non-dollar oil payments, along with India. Indeed, China appears to be the most enthusiastic of all the financial powers involved, not least because of its enormous trade with the Middle East.

China imports 60 per cent of its oil, much of it from the Middle East and Russia. The Chinese have oil production concessions in Iraq – blocked by the US until this year – and since 2008 have held an $8bn agreement with Iran to develop refining capacity and gas resources. China has oil deals in Sudan (where it has substituted for US interests) and has been negotiating for oil concessions with Libya, where all such contracts are joint ventures.”

Read more:

http://www.independent.co.uk/news/business/news/the-demise-of-the-dollar-1798175.html