YUP. The people started thinking that money comes from nothing.
Posted on 10/08/2009 11:22:40 AM PDT by combat_boots
Edited on 10/08/2009 11:24:58 AM PDT by Admin Moderator. [history]
It’s the biggest mystery in global finance right now: Who conducted a sneak attack on the U.S. dollar this week?
It began with a thinly sourced but highly explosive report Monday in a British newspaper: Arab oil sheikhs are conspiring with the Russians and Chinese to quit using the dollar to set the value of oil trades – a direct threat to the global supremacy of the greenback.
Is it true? Everyone from the head of the Saudi central bank to U.S. officials scrambled to undercut the story, but no matter.
Russia-China-SOROS
Whodunit? George Soros.
Obama.
Obumba did it with his little hatchet.
He made his fortune back in the early 90's by betting against the British pound. He literally made $1B when the pound finally collapsed.
http://en.wikipedia.org/wiki/George_Soros#Currency_speculation
We’ve done to ourselves by running a huge trade deficit, no drill here drill now, bad loans to illegals, no oversight of the FED and Wallstreet, fanny and freddy, etc, budget deficits and pulling demand forward by keeping interest rates way too low.
There have been allegations that George Soros was and still is an agent of the KGB.
Cmon people, how is it a ‘sneak’ attack when it’s published in other articles?????????
The article said they are planning it now, and it will happen within 9 years!
we all think Soro’s why doesn’t the GOP in the senate and house investige him.
Seems to me to be low hanging fruit and easy to follow his abuses over the years. follow the money.
YUP. The people started thinking that money comes from nothing.
The only things the Congressional Republicans can investigate now are Jack and Squat, and Jack just left town.
Shoulda done it when they had the power. Too late now. Post occasio calva, and all that.
YUP. The people started thinking that money comes from nothing.
The Saudis in SA have considered this for a while
“Obama Press Conference: The Vision For Change Comes From Me”
http://www.youtube.com/watch?v=11AiK1w70FA
The banking crisis was an inside job.
Zombieland?
Yeah! Obama’s stash!
SPECTRE
You beat me by 22 minutes.
My first thought is China. And, might I add, this is a mighty blow to the Ubama bin Lyin administration.
Rush played audio of an interview this morning to that effect. The interviewer asked one of the applicants for assistance where the money was coming from. “Obama,” she answered. “And where does Obama get the money?” “I don’t know [and I don’t care].”
Fear and greed.
Are you saying that there is a discernible difference between the GOP vs. Democrats? Sorry, I don’t see it over the long term. They will begin an investigation of Soros 2-3 weeks after it has been verifiably reported that Hitler needs ice skates.
Right now we have the GOP “standing in the way” of 0bama’s plan for domination, but only because they know that we’re paying attention. They know that 0bama’s pull in the 2010 election will not be as great as it was in 2008, so they are hoping to grab some gains by standing in opposition.
If they had the same legislative situation as 0bama does, do you really think they would do anything any differently? Where were you from 2001-2005?
Obama doesn’t initiate these actions. He obeys them.
SOROS, the Tides Foundation, assorted other America haters.
I would not be surprised if China is involved. They’ve been attacking this country for quite some time via cyber attacks and through the theft of intellectual property.
And those people elect politicians who think the same thing. and they hire administrators who think the same thing. And they hire bureaucrats who think the same thing.
Then guess what happens when the money runs out?
You suffer. You starve. You riot. You defend yourself or you die.
You mean like McCain, or Graham?
I was reading an article about the fall of Bear Stearns and another big institution whose name escapes me at the moment.
In each case, first someone shorted the stocks and then a rumor was started that was quickly refuted, but the damage was done and the run to sell was on.
This whole thing sounds familiar to that situation.
I can't believe fools post such mierda.
Soros ???
Brought to you by our affirmative action Zombie in Chief:
Obozo the clown?
..and the chicks are free.
Exactamundo.
Does Soros live in the U.S.? Is he a U.S. citizen? I’m always hearing about him on FR and talk radio, but am interested to learn more about his residence now. I know he’s wanted in several countries.
OPEC Has Already Turned to the Euro...The source for the euro exchange rate is the Federal Reserve, and I have calculated the euro's average exchange rate to the dollar for each year based on daily data.
GoldMoney Alert
February 18, 2004
|
US Imports of Crude oil
|
|||||
|
(1)
|
(2)
|
(3)
|
(4)
|
(5)
|
(6)
|
|
Year
|
Quantity (thousands of barrels)
|
Value (thousands of US dollars)
|
Unit price (US dollars)
|
Average daily US$ per € exchange rate
|
Unit price (euros)
|
|
2001 |
3,471,066
|
74,292,894
|
21.40
|
0.8952
|
23.91
|
|
2002
|
3,418,021
|
77,283,329
|
22.61
|
0.9454
|
23.92
|
|
2003
|
3,673,596
|
99,094,675
|
26.97
|
1.1321
|
23.82
|
We can see from column (4) in the above table that in 2001, each barrel of imported crude oil cost $21.40 on average for that year. But by 2003 the average price of a barrel of crude oil had risen 26.0% to $26.97 per barrel. However, the important point is shown in column (6). Note that the price of crude oil in terms of euros is essentially unchanged throughout this 3-year period.
As the dollar has fallen, the dollar price of crude oil has risen. But the euro price of crude oil remains essentially unchanged throughout this 3-year period. It does not seem logical that this result is pure coincidence. It is more likely the result of purposeful design, namely, that OPEC is mindful of the dollar's decline and increases the dollar price of its crude oil by an amount that offsets the loss in purchasing power OPEC's members would otherwise incur. In short, OPEC is protecting its purchasing power as the dollar declines.
I was going to post but you posted exactly what I was going to say.
If my money were invested in U.S.Dollars I would bail out of it as soon as I could.Its NO more valuable than counterfiet money.Thanks to the Obama Administration.
That photo makes we want to throw up!
me too....it's not that these people look do ridiculous, they no longer care...they have no dignity.
Bank in Zimbabwe? No....Detroit....coming to a city you live in....soon..............
We just spoke about this in the last couple days.
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