[library user]

Surprised Bush didn't get blamed. Someone totally different this time!

[Carley]

Larry Kudlow and a few others have been ranting against the dollar for months, but the thugs pick on Drudge.

HHhhmmmmnnnn.

[101voodoo]

"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."

This is exactly what a news reporting agency is supposed to do and in this country has so badly failed doing.

[TexasCajun]

Hey Eamon Javers who about reporting how Resident Obamah's Bailout Customers are short-selling the US Dollar while investing in other currencies! ...report on that!

Dollar Reaches Breaking Point as Banks Shift Reserves (Update3)

Oct. 12 (Bloomberg) -- Central banks flush with record reserves are increasingly snubbing dollars in favor of euros and yen, further pressuring the greenback after its biggest two- quarter rout in almost two decades.

Policy makers boosted foreign currency holdings by $413 billion last quarter, the most since at least 2003, to $7.3 trillion, according to data compiled by Bloomberg. Nations reporting currency breakdowns put 63 percent of the new cash into euros and yen in April, May and June, the latest Barclays Capital data show. That’s the highest percentage in any quarter with more than an $80 billion increase.