Since when do we source Robert Fisk?
Posted on 10/05/2009 5:33:55 PM PDT by ColdSteelTalon
Looks like our enemies are trying to do us in. I wonder how we can combat this threat to the security of the United States and what are our leaders doing about this ???
our leader? you mean BO?
Is this good or bad?
It was a rhetorical question. :) I know people are focused on Obama not getting the Olympics. And paying no mind to the fact that our enemies are getting stronger and are about to stick it to us. Or so it seems.
I think its bad. it will destroy the value of the dollar. and this is not good.
BO not getting the Olympics is an indicator. He spent a lot of political chips on that trip for nothing.
Many people back home are asking how he had time to take YET ANOTHER trip to Europe while we have massive problems at home.
If it hadn’t been Chicago it might not have looked so bad.
Someone works for Saudi Arabia. He is their employee.
Since when do we source Robert Fisk?
They’re tipping the bucket, helping our enemies who are trying to destroy the US dollar.
It’s intentional. It’s part of their plan.
This is driven by China and those countries with oil.
As I understand it, and someone can correct me if I’m wrong, the problem is that all these countries hold vast reserves of U.S. treasuries.
They have to do this gradually in hopes that the dollar doesn’t come crashing down at least not until they’ve unloaded most of it. A crashing dollar would destroy the global economy, not just ours.
It’s a dangerous game for them to play, too. With a fragile U.S. economy, they are playing with fire and all of this can go up in flames if any party or individual investors start to panic.
If they succeed, our standard of living as we know it will cease to exist.
Don’t buy their products.
It's probably bad, bad, bad — bad beyond what most Americans can even imagine.
So long as the Greenback has been the world's reserve currency, the U.S. has uniquely been able to pay back its foreign debts in deflated dollars.
Here, in Canada, when we faced up to our own debt crisis, in the 1990’s — our currency (the Loonie) was devalued, in order to stimulate exports, and reduce imports. Unfortunately, almost all of our foreign debt was denominated in (mostly) greenbacks. As our dollar went down against the U.S. dollar — we wound up owing more $CDN. It was a very expensive, vicious circle.
BHO likely counted on being able to pay back the money his Administration is borrowing from the Chinese in deflated dollars — effectively stiffing the Chinese (and other creditors) for hundreds of billions of dollars. If future borrowings have to be denominated in terms of some other currency (or basket of international currencies) — then the whole tab will be due.
Who the hell would that be?
If ever this country has been leaderless, it's right now.
I will have to second that !!
Just print more money. There’s no end to the demand for paper money. Don’t stock up on commodities or anything.
Don’t buy gold, silver, or lead. Or food. Don’t do that. Paper dollars have intrinsic value because they’re backed by the good word of our good government.
Go ahead, print another trillion, Benny.
Peter Schiff is proving himself right once again I am afraid.
you have seen anything yet, wait till the hyper-inflation kicks in from the systemic pumping of TRILLIONS of dollars into the global supply, due to the $25+ trillion in financial giveaways to the global banking masters in just the last 12 months, and FFS, this is all by design, Obama/Bush, etc are/were just puppets for the globalists. It is HIGH TIME that the majority of this board pulls its head out of its collective AR$E and turns on the real powers behind the scenes. wake UP!
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