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China, Russia quit dollar
ChinaDaily ^ | 2010-11-24 07:55 | Su Qiang and Li Xiaokun

Posted on 11/24/2010 12:07:59 PM PST by ConfusedSwede

click here to read article


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To: wagglebee
...it doesn't really affect America.

Really? So a decline in the demand for dollars, which will be a result of this new direction, will have no impact on the value of our currency? While it likely won't produce an immediate, drastic change; it can be the beginning of a very bad trend.

61 posted on 11/26/2010 4:45:47 AM PST by voicereason (I Don't Need SEX...I Get Screwed By Democrats Everyday!!!)
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To: Pride_of_the_Bluegrass
Excellent description, thanks!


Frowning takes 68 muscles.
Smiling takes 6.
Pulling this trigger takes 2.
I'm lazy.

62 posted on 11/26/2010 5:07:50 AM PST by The Comedian (Government: Saving people from freedom since time immemorial.)
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To: The Comedian

It’s not my analysis it’s Krugman’s from earlier this year. The problem with a lot of the analysis that is out there right now is that it looks at Fed policy with a one sided view. China it trying to jump in the air and stay their despite gravity. Gravity much like reality usually work under principles that are not always advantageous to either political policy or human desire. They may actually succeed in becoming the leper with the most remaining digits but duct tape only gets you so far.


63 posted on 11/26/2010 5:35:13 AM PST by Pride_of_the_Bluegrass
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To: Frantzie

“...Also thank the idiot anti-birthers who post here deserve credit.”

Are you right or are you right?

The way so-called “conservatives” so easily dismissed the BC issue is nightmareish. Ann Coulter, Sean Hannity, Rush Limbaugh, FOX News, Karl Rove, et. al., all take the lion’s share of the blame, the way I see it.

Now we’re seeing the fruits of their ‘go along, get along’ policy si as not to antagonize the left. And now, even now, while we face the abyss, none of them even suggest that maybe we should revisit the BC issue.


64 posted on 11/26/2010 5:40:30 AM PST by MichaelCorleone
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To: The Comedian

Succinctly put. Thanks.


65 posted on 11/26/2010 5:50:56 AM PST by MichaelCorleone
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To: CincyRichieRich; ConfusedSwede

“Keep pushing such stories as this is the only place they seem to be important...not even Fox is covering it. Thanks”

Sorry to tell you but this forum is NOT the only place that thinks this is significant. I first heard about this yesterday from a 20-year old who knows nothing about this website. And yes, he was alarmed.

There’s plenty of things FOX doesn’t seem to have the time or the inclination to report. They may be ‘fair and balanced’, but they fall way short on keeping us abreast on the real issues facing us. And that includes bafoons like O’Reily.

Maybe you should do some research on the people who not only do think this is important, but examine their track record as well. Thanks.


66 posted on 11/26/2010 6:06:53 AM PST by MichaelCorleone
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To: ConfusedSwede

This appears to be the worst thing that could happen to the US, but I hope that with the HOUSE changing majority it has come at the best possible time.

May God still bless America.


67 posted on 11/26/2010 6:43:39 AM PST by swheats (All stop. Forward rudder)
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To: Former Proud Canadian
No,

Did you see how good Michelle Obama looked when with the prime Minister of India?

http://www.huffingtonpost.com/2009/11/24/michelle-obamas-state-din_n_369854.html (Now that's news!!!!!) lol

Ignorant, divided, greedy, decedent and rejecting God/morals with no concept of duty and country anymore, this once great United States of America is in it's waining years throwing away all those virtues that made it grow to the economic, political, military power and social trend setter it is. The fact that this isn't news worthy has to do with the “ignorance” part.

68 posted on 11/26/2010 6:46:24 AM PST by Red6 (IMHO)
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To: The Comedian

Your comments and understanding of the huge problems we are facing as a result of this made this thread thanks.


69 posted on 11/26/2010 6:59:11 AM PST by FromLori (FromLori)
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To: LaineyDee

Just what the left wants. They are as happy as all get-out about this.


70 posted on 11/26/2010 6:59:39 AM PST by chessplayer
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To: LomanBill

QE3?


71 posted on 11/26/2010 7:09:44 AM PST by ecomcon
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To: anniegetyourgun
while Obama admin keeps rearranging the deck chairs.

And spending trillions on deck chair upkeep.

72 posted on 11/26/2010 7:22:01 AM PST by EGPWS (Trust in God, question everyone else)
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To: Red6
Ignorant, divided, greedy, decedent and rejecting God/morals with no concept of duty and country anymore...

decedent [dɪˈsiːdənt]
n
(Law) Law chiefly US a deceased person

-------------------------------------

That works too.

73 posted on 11/26/2010 7:23:08 AM PST by ecomcon
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To: ecomcon

Decadent: http://www.merriam-webster.com/dictionary/decadent

Spell check corrected it wrong. THX


74 posted on 11/26/2010 7:28:15 AM PST by Red6 (IMHO)
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To: The Comedian
Think of it as Quantitative Easing 2.5

As long as it doesn't prevent us from doing our fair part financially in the fight against global warming as dictated by the U.N. I'm okay with it. /s

75 posted on 11/26/2010 7:28:20 AM PST by EGPWS (Trust in God, question everyone else)
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To: windcliff; onedoug

ping


76 posted on 11/26/2010 7:34:36 AM PST by stylecouncilor (What Would Jim Thompson Do?)
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To: balls
The headline is typical Drudge; he takes a minor story and gives it a sensational half-true headline.

Caution Will Rogers. Drudge has a fine history of being the breaking point of more major news events than all of the "Networks" combined. True, he does change the titles of the articles when he ads the links to his website. But, in my opinion most of the time "his titles" make more sense than the twisted garbage titles that AP generally uses."

Many years ago I found FR from a Drudge listing. I lurked here for a very long time before posting anything. Drudge is our friend.

77 posted on 11/26/2010 7:47:34 AM PST by Texas Fossil (Government, even in its best state is but a necessary evil; in its worst state an intolerable one.)
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To: ConfusedSwede

Obama’s legacy.


78 posted on 11/26/2010 7:51:37 AM PST by my small voice
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To: Red6

A Wookie wearing lipstick is still a Wookie.


79 posted on 11/26/2010 7:57:41 AM PST by Texas Fossil (Government, even in its best state is but a necessary evil; in its worst state an intolerable one.)
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To: Texas Fossil
That would be a funny video.

Show the wookie go into a bathroom and dream about fitting in and looking like everyone else. Have the wookie look at a razor on the counter top and then see him begin shaving, with every shave making him look more like Michelle until finally clean shaving and looking into the mirror with Michelle Obama’s face looking back at him.

80 posted on 11/26/2010 8:09:09 AM PST by Red6 (IMHO)
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