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There have been a few threads in the last year or so warning of the desire of nations to switch from the dollar tothe Euro and the possible recession and inflation tis would cause. Many here said it would not happen. Here are 3 separate articles from DRUDGE yesterday showing that this is going on right now.

“It’s different this time,” are four of the most alarming words an investor can hear. Very rarely do things turn out differently; history shows that normally they go wrong in almost exactly the same way they did last time round the cycle. But when it comes to the US housing market, there are reasons to expect that things will be different this time. But not in the way that optimists expect – instead the difference is that the damage could be more far-reaching than ever before. Plenty gets written about the vast scale of this real estate bubble, the world...

Generic numbers have been volatile all year; will we see any shift to Republicans this weekend? If we do, Obi thinks it could be significant. He sees an interesting glimmer in the Wall Street Journal’s pollsters noting that Americans are starting to give credit to Bush for good economic growth. The ABC Washington Post poll generic ballot question, two weeks ago: Dem Rep Other Neither Will not No cand. cand. (vol.) (vol.) vote (vol.) opin. 10/22/06 LV 55 41 0 1 * 3 10/22/06 RV 54 41 * 1 * 3 The ABC Washington Post poll, today: Dem Rep Other...

The real estate market continues to go bust as I had predicted in my first major article on the subject in December of 2005. As it continues to rapidly barrel south, don’t tell the Bush Administration, the Federal Reserve, International Bankers, Mortgage Bankers, Mortgage Brokers, Realtors, home builders or even home sellers. Let’s keep it our little secret. Still, none of them want to hear anything about it. They are, the majority of them, extremely myopic to the truth and material facts of what is really going on in the American economy. SEC regulators should take note if they are...

NEW YORK (CNNMoney.com) -- The number of homes entering into some stage of foreclosure is surging, according to a survey released Wednesday. In August, 115,292 properties entered into foreclosure, according to RealtyTrac, an online marketplace for foreclosure sales. That was 24 percent above the level in July and 53 percent higher than a year earlier. Where foreclosures are jumping Year over year gain in homes in foreclosure. Click for more stats on each state. Nevada: Up 255% California: Up 160% Florida: Up 62% It was the second highest monthly foreclosure total of the year; in February, 117,151 properties entered foreclosure....

John Hawkins apparently has taken on a mission to prove that the Bush Administration is not creating a North American Union to replace the United States, or a new currency -- the Amero -- to replace the U.S. dollar. Recently, in a blog debate on this website, I exchanged views with Mr. Hawkins. When Mr. Hawkins declined to respond in what the editors termed “Round 4” of that debate, I concluded Mr. Hawkins allowed me to have the final word because he lacked a convincing rejoinder. Now, we see Mr. Hawkins wants to carry on the debate but this time...

Casey Files: Government Debt – Termites in the HouseAs I write, gold has rebounded handsomely over the $600 mark, perhaps putting a stake through the heart of the recent steep correction. Or, perhaps not.After all, it isn’t the fundamentals, per se, that are currently causing gold to spike. It’s largely just the chattering of the trading community based on their reading of the tea leaves revealed in the Fed’s latest press release.In order to make any real sense of where gold should be trading, and will be trading soon enough, you have to look deeper, much deeper, into the...

THE level of violence in some areas of Iraq is worsening dramatically and US forces may soon be asked to leave by the Iraqi Government. In an exclusive interview with The Australian, former US deputy secretary of state Richard Armitage has given a gloomy assessment of the situation. "The British used to make a big deal of walking around in their berets in the south," he said. "Now they won't even go to the latrines without their helmets. The south has got much rougher, it's mainly Shia on Shia violence." Mr Armitage said much of the violence came from differences...

NORTHEAST FLORIDA -- The rise in foreclosures that analysts predicted would follow an easing in lending restrictions, low interest rates and creative mortgage products has emerged in metropolitan Jacksonville. Recently released data from California-based RealtyTrac Inc. showed the five-county metro area experienced a 39 percent increase in foreclosures over last year's first quarter, or 3,579 foreclosures for the first three months of this year compared with 2,570 for the same period in 2005. The increase was just above the national foreclosure increase of 38 percent for the first quarter, which RealtyTrac analysts said could mean foreclosures going above 1.2 million...

TEHRAN, Iran - Iran took a step on Friday toward establishing an oil market denominated in euros, a plan analysts described as highly unlikely to materialize but which in theory could have serious consequences for the U.S. economy. Iranian state-run television said the country's oil ministry granted a license for the euro-denominated market, an idea first floated back in 2004, though just who would trade on it remains unclear. If the market were to succeed — or if Iran simply demanded payment for its oil in euros — commodities experts said it could lead central bankers around the world to...

I just saw on Foxnews that President Bush's poll numbers have taken another dive. Gee I wonder why? Maybe the average American isn't thrilled about our President hosting the Red Chinese..complete with marching bands..and a 21 gun salute. Maybe the average American isn't thrilled that 12000 illegal aliens enter the US every day. Screw guest workers, screw the economy..if the terrorist sneak some sort of bomb in here..its all gonna be blown to hell anyways. Maybe the average American isn't thrilled that Iran was named CHAIRMAN of the disarm committee of the UN..and we don't hear A PEEP from our...

Friday's lead story in America's largest newspaper must have made for sober reading at AEI and the Council on Foreign Relations, the twin dorms that house the Wilsonian wings of our national parties. Americans, it appears, have had a bellyful of interventionism and globaloney. Reporters Susan Page and David Jackson merit quoting at length: "In a USA Today/Gallup Poll, nearly half of those surveyed said the United States 'should mind its own business internationally and let other countries get along as best they can on their own.' ... "The leave-us-alone mood is apparent not only in the proportion of Americans,...

Monday, January 23 gloomiest day of the year: academic Sun Jan 22, 4:07 PM ET LONDON (AFP) - Watch out: Monday, January 23 is going to be the unhappiest day of the year, according to a British university researcher. Cliff Arnall, a health psychologist at the University of Cardiff, specialising in confidence-building and stress management, told AFP the prediction was the result of some gruelling mathematics. Post-Christmas blues, the return to work after the holidays, mounting bills to pay for the parties, the challenge of keeping New Year's resolutions, the slender prospects of fun in the weeks ahead and chilly...

Saying that the Joint Chiefs and combatant commanders “strongly support” ratification of the Law of the Sea Treaty (LOST), General Richard B. Myers, chairman of the Joint Chiefs of Staff, has stated that the measure “ensures the ability of the US Armed Forces to operate freely across the vast expanse of the world’s oceans under the authority of widely recognized and accepted international law.” [1] But would our military leaders support the treaty if they knew that the activists behind it were also instrumental in promoting the International Criminal Court (ICC), which could prosecute and imprison American troops and military...

Let's let all the Freeper who are panicking use THIS thread so they won't be cluttering up the OTHER THREADS.

Just when Bush was starting to pull away from Kerry, the liberal media reached into its bag of tricks and pulled out the long-overdue October Surprise: 380 tons of high explosives supposedly "disappeared" in some rathole named Al Qaqaa over a year-and-a-half ago. The fallout from the Al Qaqaa story is real and already being reflected in the polls. Credible polls - not the Democrat-commissioned push-polls of "all adults" - show that Kerry has pulled ahead or extended his lead in Wisconsin, Minnesota, Iowa, and even Ohio. I don't know the last when when a Republican won without Ohio. The...

"Bush will start a draft..." "John Kerry will cure everything..." "The Cheney's are ashamed of their daughter..."

ATLANTIC CITY, N.J. — Democratic presidential candidate John Kerry (search) on Tuesday accused President Bush of ignoring American values in his economic policies by giving tax cuts to the wealthy and running up the deficit on the backs of workers and the needy.

What is happening to our children? Only four years after the massacre at Columbine High School sent a chill through our nation, Time magazine ran a feature story on violent behavior at American schools among 3- to 6-year-olds. The emergence of such behavior makes it imperative that we recognize that we are in the midst of an ever-worsening crisis in parenting, a crisis that is leading to a plague of uncontrollable, joyless, alienated, disaffected and even violent children. Children, including those who are considered privileged, are no longer developing empathy, moral commitment and the ability to love. These emotionally stunted...