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IMF Chief wants to "End Dollar Dominance"
While Strauss-Kahn is enjoying the benefits of American citizenship, he is working to stab America in the back by wanting to end the US Dollar. Should we also mention that he was involved in a sex scandal?
The imperative of greater global currency stability means the world can no longer rely, as it has done since the end of the gold standard, on a currency issued by a single country, the head of the...
Food prices to rise 90%
The National Inflation Association
today released the following statement to its http://inflation.us members:
“While most mainstream economists such as Nouriel Roubini are warning of deflationary threats to the U.S. economy, it is our belief that massive price inflation has already begun. The Federal Reserve’s policy of massive monetary inflation in 2009 has caused the Dow Jones to bounce...
Serbia, Russia Sign Bilateral Agreements
Serbian and Russian delegations, led by their heads of state, Boris Tadic and Dmitry Medvedev, signed six agreements on bilateral cooperation at 1pm.
The agreements cover the fields of culture, science and technology, security, education, air travel and parliamentary cooperation.
The pacts are as follows:
– An agreement on the establishment of a gas storage firm, Banatski Dvor, as a joint venture...
Made In China: Importing America To Its Own Death
During the Bolshevik Revolution that led to communist Russia, Comrade Vladimir Lenin said, “Sell the capitalists enough rope and they will hang themselves!”
Nearly 100 years later, Lenin’s predictions reveal his veracity with chilling fruition. The United States bleeds $11 trillion in debt. It suffers a $700 billion annual trade deficit, mostly with China, which by the way thrives...
SA farmers to rent land in Congo
The Republic of Congo has signed an agreement to lease 200,000 hectares of land to South African farmers.
Congo’s agriculture minister said it would bring expertise to the country and reduce its dependence on imports.
South African farmers’ union Agri SA, which signed the deal, said the ANC government’s land policy was forcing white farmers to seek land abroad.
The ANC is seeking...
Human Development Report 2009 - HDI rankings
European-Christian countries are the most developed countries in the world! Guess who occupies the bottom of the top? Africa, of course and that with all the AID and DONATIONS! Keep in mind that there is no one donating to Europe. Africa ain’t Europe’s child and Europe has no obligation whatsoever to nurse and take care of anyone! This top should boost the pride of Europeans and should...
Gulf Arabs In Secret Talks With Russia And China To Ditch US Dollar According To British Media
Britain’s The Independent newspaper says Gulf Arab states are in secret talks with Russia, China, Japan and France to replace the US dollar with a basket of currencies in the trading of oil.
The US dollar eased after the report, written by veteran Middle East correspondent Robert Fisk and posted on The Independent’s website. It cited unidentified sources in Gulf Arab states and Chinese...
$7,100: Average Price of a House in Detroit
DETROIT — On a grassy lot on a quiet block on a graceful boulevard stands the answer to a perplexing question: Why does the typical house in Detroit sell for $7,100?
The brick-and-stucco home at 1626 W. Boston Blvd. has watched almost a century of Detroit’s ups and downs, through industrial brilliance and racial discord, economic decline and financial collapse. Its owners have played a part...
Detroit: Thousands Line up for Obama Bucks!
Thousands of people swarmed Cobo Hall in chaos this morning trying to get applications for housing and utility payment assistance from the city of Detroit.
People fainted, others fought as the Detroit Police Gang Unit tried to keep people in line — some since last night — and in check.
“It’s a disaster here,” former assistant Detroit Police chief and city council candidate Gary Brown said,...
Canwest the largest media company in Canada going bankrupt
The future of Canwest Global Communications, Canada’s largest media conglomerate, became uncertain on Tuesday after the company was granted bankruptcy protection in a Toronto court for several operations, including its television network and The National Post newspaper.
The company, which is based in Winnipeg, Manitoba, did not include a chain of 11 large newspapers or several specialty television...
US Census Bureau Confirms Rising Poverty, Falling Incomes, and Growing Numbers of Uninsured
In early September, The US Census Bureau released its new report titled, “Income, Poverty, and Health Insurance Coverage in the United States: 2008” showing disturbing data that portends much worse ahead under a president and Congress doing nothing to address it.
In 2008, poverty reached 13.2% of the population, its highest level in 11 years, the result of millions losing jobs during...
America is in debt with $9 Trillions over the next 10 years
WASHINGTON – In a chilling forecast, the White House is predicting a 10-year federal deficit of $9 trillion — more than the sum of all previous deficits since America’s founding. And it says by the next decade’s end the national debt will equal three-quarters of the entire U.S. economy.
But before President Barack Obama can do much about it, he’ll have to weather recession...
3,900 stimulus checks went to prison inmates
The federal government sent about 3,900 economic stimulus payments of $250 each this spring to people who were in no position to use the money to help stimulate the economy: prison inmates.
The checks were part of the massive economic recovery package approved by Congress and President Barack Obama in February. About 52 million Social Security recipients, railroad retirees and those receiving Supplemental...
German Official Calls for Moon Mission by 2015
A German moon shot could create jobs and spur technological development, a CDU politician says.
Sending a spacecraft to the moon might seem like an ambitious goal for Germany. But a senior government minister has called for just such a mission, arguing that it would create much-needed jobs.
Peter Hintze, the German government official responsible for aerospace and space travel, has called for Germany...
To Live and Die In L.A.
Life is financially strained for most Americans. Millions of Americans are gritting their teeth hoping they won’t be laid off before they finish paying off their mortgage. White parents living in big cities need to spend a fortune on private schools for their kids unless they don’t mind them going to public school with minority gang members. This makes it impossible for many White Americans...