Posted on 10/21/2009 6:12:46 AM PDT by markomalley
On Tuesday, Matt Drudge ran a headline about the weakening U.S. dollar on his website, Drudgereport.com. In and of itself, that would be unremarkable, except that it was the 18th time Drudge had posted a link to a story about the weak dollar this month.
And October was only 20 days old.
Clearly, Matt Drudge has developed a fascination with the declining U.S. dollar.
“He’s fixated on it,” said Tom Rosenstiel, director of the Pew Research Center’s Project for Excellence in Journalism. “There’s no question that Drudge can alter what people are paying attention to.”
Market watchers say it’s unlikely that Drudge is actually moving the currency markets with his relentless attention.
“I don’t think that anyone who seriously trades currencies reads The Drudge Report before making important buy or sell decisions,” said Chris Roush, a professor of business journalism at the University of North Carolina at Chapel Hill.
But Drudge does have the ability to put news items on the radar screen of major media outlets and political figures in Washington. And other people are paying attention to Drudge, too: A source close to the U.S. national security community said that Drudge’s link to a story in the [London] Independent earlier this month instantly grabbed the attention of senior American officials.
The story raised the prospect that foreign governments were in talks to replace the U.S. dollar as the default currency for oil trading. Any kind of coordinated attack on the value of the dollar could be seen as a national security threat, and defense and intelligence officials were curious about the source of the anti-dollar rumors that day.
(Excerpt) Read more at politico.com ...
YES!!!! Hello Boils and Ghouls it is time now to play: “KILL THE MESSENGER”
Today we will be killing Matt Drudge because of course we all know our Dear Leader and his friends in the Feral Reserve have absolutely nothing at all to do with the so called collapsed.
We all know that the best way to have more money is to PRINT MORE MONEY! Because hey if a 5year old child can think of it, this regime can do it with great gusto.
We also know that the best way to stop bad news it to kill the people giving it. I mean back in ancient time when the messenger ran into the kings chambers and told them the south part of the kingdom had been invaded the best response it to kill the messenger then ignore the warning.
What the hell is wrong with people!!!!
>> Anyone heard of the Bilderberg Group? New World Order? There is internet talk that the dollar had to be destroyed to enable the New World Order. This years meeting of the Bilderberg Group included George Soros, Lawrence Summers (Obama’s economic czar), Timothy Geithner, Robert Zoellick (past Chairman of Goldman Sachs and current president of the World Bank), David Rockefeller and other architects of the current crisis. It is said that when the Kremlin bacame aware of the Bilderberg Groups intent to destroy the dollar, Medvedev along with China, Brazil and other nations proposed a new currency to replace the collapsing dollar. <<
That’s crazy talk, didn’t you hear it is all Drudge’s fault.
Kidding aside, Would china’s new currency be a hinderance or blessing to the creation of a NWO?
I thought that was exceptionally well said and worth repeating...
Not in Obama’s media...
To admit Obama, Pelosi and their minions made gigantic mistakes in making America ‘bailout nation’, is beyond their moral comprehension.
So do the typical Saul Alinsky tactic...demonize the messenger, while ignoring (well according to the handbook ‘disregarding’ the message)
lol! good grief.
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