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Keyword: dollars

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  • American dollars bequeathed us Ireland’s successful referendum

    05/24/2015 6:41:13 AM PDT · by Sean_Anthony · 7 replies
    Canada Free Press ^ | 05/24/15 | Judi Mcleod
    If millions of dollars partnered with “aggressive social media” can wipe out corruption and bald-faced lies, then Hillary Clinton, who comes with great stores of both, could be America’s next president That it was suddenly magnanimous, home-grown Irish, a coming together of young and old, who made their country the first to approve same-sex marriage by way of referendum, is an exaggeration that surpasses the gifts said to come to the kissers of the legendary Blarney Stone. It was in point of fact American money raised by the billion dollar resourced Atlantic Philanthropies organization who poured in mega millions to...
  • Russians Are Scrambling To Get Their Hands On US Dollars

    12/16/2014 10:05:30 PM PST · by blam · 49 replies
    BI ^ | 12-17-2014 | Elena Holodny
    Elena Holodny December 16, 2014As Russia's currency crisis unfolds, Russians are scrambling to get their hands on US dollars. Even Russians working in the oil sector are rushing to trade their rubles in for dollars. A bank in Russia's Khanty-Mansiysk region — aka an area in Russia that produces approximately 51% of Russian oil — has completely run out of dollars, and is almost out of euros, reports Interfax. The bank still has rubles. "Basically, what this means is that people who work in the oil industry [in Khanty-Mansiysk] just got all of their money out of the bank in...
  • Billions In Taxpayer Dollars Spent On ´Lyrical, Poetic´ Embassy Architecture Overseas

    07/09/2014 11:41:55 AM PDT · by Nachum · 12 replies
    Breitbart ^ | Jonathan Strong
    Under the Obama administration, embassy construction costs have exploded even while security – a major issue in the Benghazi scandal – has grown worse. Now we know why. A video released by the State Department in 2012 shows exhibits the philosophy behind a campaign begun under former Secretary of State Hillary Clinton to build fancy buildings overseas to enhance the nation´s reputation. The video opens with a narrator explaining the “universally understood language of diplomacy” including “art, design and architecture” that “communicate our ideals...without speaking a word.” From there, a series of high-profile architects use embarrassingly flowery language to explain
  • What To Own As The U.S. Dollar Dies

    07/05/2014 11:52:55 AM PDT · by blam · 99 replies
    The Market Oracle ^ | 7-5-2014 | Dr. Steve Sjuggerud - Daily Wealth
    July 04, 2014DailyWealth Dr. Steve Sjuggerud writes: So... if the dollar "dies"... what do you do with your money? In yesterday's DailyWealth, we looked at "The Coming Death of the Dollar." But we didn't cover what you should do with your money to protect yourself. In Jim Rickards' book, The Death of Money, he has five recommendations. More specifically, he has an asset allocation of five different investments that have stood the test of time in previous inflations and deflations. Jim says this portfolio should offer "an optimal combination of wealth preservation under conditions of inflation, deflation, and social unrest......
  • Dr. Jim Willie-Russia May want Gold Not Stinking Dollars

    05/07/2014 11:02:32 AM PDT · by Rusty0604 · 4 replies
    USA Watchdog ^ | 05/07/2014 | Greg Huunter
    Financial newsletter writer, Dr. Jim Willie, thinks the Ukraine crisis is more of a financial war than a shooting war. Dr. Willie says, “A couple of months ago, I said, ‘Give it time and the whole nation would sink,’ and the Putin strategy would be to create a standoff militarily, maybe some skirmishes, but let the nation sink. It’s been raided of its gold and raided of its official government funds; and, now, the energy companies are in there doing fracking. I think what is happening now is we are starting to see the breakdown.” Dr. Willie, who holds a...
  • Millionaire Congresswoman: Income Inequality is ‘Existential Threat’ to U.S. (Rosa DeLauro)

    01/20/2014 5:08:23 PM PST · by Olog-hai · 74 replies
    Cybercast News Service ^ | January 20, 2014 - 1:14 PM | Eric Scheiner
    Rep. Rosa DeLauro (D-Conn.), who is worth millions of dollars according to her congressional financial disclosure statement, says Congress needs to tackle income inequality because it “poses an existential threat to our nation and our way of life.” […] According to her congressional financial disclosure statement for 2012, DeLauro is worth between $5 million and $25 million. …
  • GDP ranking, PPP based (World Bank issued global rating for 2012)

    07/15/2013 2:20:37 AM PDT · by cunning_fish · 8 replies
    Gross domestic product 2012, PPP (millions of Ranking Economy international dollars) 1 United States 15,684,800 2 China 12,470,982 3 India 4,793,414 4 Japan 4,490,681 5 Russian Federation 3,380,071 6 Germany 3,307,873 7 Brazil 2,365,779 8 France 2,354,874 9 United Kingdom 2,264,751 10 Mexico 2,015,281
  • Iraq war cost: $6 trillion. What else could have been done?

    03/19/2013 6:39:57 AM PDT · by algernon_garnock · 41 replies
    The Los Angeles Times ^ | March 18, 2013 | David Lazarus
    In case you were wondering, the price tag for the war in Iraq could eventually top $6 trillion. Tuesday marks the 10th anniversary of the U.S. invasion, occupation and slugfest of Iraq, which, lest we forget, was begun in the name of protecting us from weapons of mass destruction that never existed. A study by Brown University's Watson Institute for International Studies finds that the war has cost $1.7 trillion so far, with an additional $490 billion in benefits owed to war veterans. Those costs could grow to more than $6 trillion over the next 40 years, the report concluded.
  • MILLER: Tax dollars for gun control Sneaky executive order bankrolls anti-Second Amendment

    01/23/2013 3:07:04 PM PST · by Nachum · 5 replies
    Washington Times ^ | 1/18/13 | Emily Miller
    The directives on gun violence President Obama signed Wednesday were meant to seem harmless. A closer look at the president’s first memorandum reveals it to be a sneaky assault on congressional authority in order to fund gun-control propaganda. Getting this done has been on the White House “to do” list for some time. In his 2013 budget submission, Mr. Obama deleted the prohibition that has been in effect since 1995 on the use of federal funds to advocate or promote gun control. Mr. Obama is trying to steamroll the Democratic and Republican majorities that kept the ban intact by labeling...
  • Building on a Kernel of Truth

    11/28/2012 3:24:22 PM PST · by Ernest_at_the_Beach · 45 replies
    American Thinker ^ | October 5, 2012 | Michael Reagan
    This summer, friends and I took a cruise in Alaska where the tourist shops often featured the Russian matryoshka dolls.  The dolls originated in Japan but were made popular in Russia around the time of the Russian Revolution, a century ago.  You've seen them -- you pop open an outer doll, and nested inside is another.  The magic of the art is that you keep opening layer after layer, only to find another even smaller doll, until at last the final incarnation is just a kernel in size.  The successive dolls vary from near exact duplicates with hard-to-identify slight...
  • Krugman: ‘We’re Talking As if a Billion Dollars Was a Lot of Money’ (video)

    06/03/2012 11:08:43 AM PDT · by Nachum · 16 replies
    Breitbart ^ | 6/3/12 | staff
    Liberal economist and Obama apologist Paul Krugman appeared on ABC's "This Week"
  • HIZBOLLAH VICTIMS BRING HISTORIC CIVIL SUIT AGAINST MEGA-BANK

    05/12/2008 4:10:03 PM PDT · by SJackson · 12 replies · 99+ views
    IMRA ^ | 5-12-08
    HIZBOLLAH VICTIMS BRING HISTORIC CIVIL SUIT AGAINST MEGA-BANK May 12, 2008 For Immediate Release VICTIMS OF HIZBOLLAH MISSILE ATTACKS BRING HISTORIC CIVIL ACTION AGAINST UBS IN NEW YORK FEDERAL COURT A group of American victims of Iranian sponsored terror have filed a civil action in the United States District Court for the Southern District against the Swiss mega-bank, UBS AG. The plaintiffs, all of whom had family members injured or killed in Iranian-backed terror attacks, allege that UBS' unlawful eight year-long provision of financial services to the Islamic Republic at the time Iran was providing material support to terrorist organizations...
  • Government dollars fuel wealth: D.C. enclaves reap rewards of contracting boom

    08/16/2011 6:10:57 AM PDT · by PGR88 · 7 replies
    The Washington Post ^ | August 16, 2011 | Annie Gowen
    Millions of dollars worth of federal contracts transformed Anita Talwar from a government accounting clerk into a wealthy woman — one who can afford a $2.8 million home in the Washington suburbs with its own elevator, wine cellar and Swarovski crystal chandeliers. Talwar, a 59-year-old immigrant from India, had no idea that she and her husband would amass a small fortune when she launched a company providing tech support to the federal government in 1987. But she shrewdly took advantage of programs for minority-owned small businesses and rode a boom in federal contracting. Talwar’s success — and that of hundreds...
  • Judge Judy - The Face Of Your Tax Dollars

    09/13/2011 8:15:07 PM PDT · by Sprite518 · 6 replies · 5+ views
    Duane Brooks, Jr freely admits to scamming the government and tax payers by receiving money for rent but then keeping it for himself, on top of receiving aid for school, and living assistance too.
  • Who made a billion dollars on 10/1 bet that U.S. credit rating would be downgraded?

    08/08/2011 9:44:10 AM PDT · by Nachum · 9 replies
    Daily Mail ^ | 8/8/11 | Mark Duell
    A mystery investor or hedge fund reportedly made a bet of almost $1billion at odds of 10/1 last month that the U.S. would lose its AAA credit rating. Now questions are being asked of whether the trader had inside information before placing the $850million bet in the futures market. There are mounting rumours that investor George Soros, 80, famously known as ‘the man who broke the Bank of England’, could be involved. He made more than $1billion on currency speculation when the British pound left the Exchange Rate Mechanism on Black Wednesday in 1992.
  • Leave Congress in disgrace? Collect one million dollars (Wacky Wu scores)

    08/04/2011 10:47:26 AM PDT · by Libloather · 5 replies
    Yahoo ^ | 7/28/11
    Leave Congress in disgrace? Collect one million dollarsThe Daily Caller Thu, Jul 28, 2011 Oregon Democratic Rep. David Wu is leaving Congress without his dignity — after donning a tiger costume and allegedly sexually assaulting an 18-year-old woman — but he will have a generous congressional pension to ease the pain. According to the National Taxpayers Union, Wu stands to benefit from nearly $1 million in pension payments. And his case is far from unique. In fact, congressmen convicted of crimes — including former Reps. James Traficant of Ohio, William Jefferson of Louisiana and Duke Cunningham of California — can...
  • Saudi Arabian dollars buying American influence Delta Air Lines profits just tip of Shariah iceberg

    07/12/2011 11:16:09 AM PDT · by Nachum · 7 replies
    WND ^ | 7/12/11 | Bob Unruh
    The profits that Delta Air Lines logically expects from its plans to work with Saudi Arabian Airlines on flights from New York and Washington to Jeddah are just a tip of the Shariah iceberg that is lurking for the ship of the United States, according to an expert in Islam and its influences on America. Robert Spencer, director of Jihad Watch and author of nearly a dozen books on Islam, including, "The Truth About Muhammad," told WND today that Muslims, especially those from Saudi Arabia, are moving with their monetary muscle into the United States to create an acceptance of...
  • Another Nail In The Dollar's Coffin: CME Launching Renminbi Futures On August 22

    07/10/2011 8:57:44 PM PDT · by Nachum · 12 replies
    zero hedge ^ | 7/10/11 | Tyler Durden
    Remember when the dollar reigned supreme, and nobody cared about that joke of a currency, the Chinese Renminbi? Neither do we. And neither does the CME, which just announced it is launching USD/CNY futures, which will be available in standard and E-micro sizes beginning August 22. Put otherwise, with one fell swoop the CME will now allow one to transform liability risk, credit and maturity of underlying assets from one currency to another, while on margin (granted, exposed to the same margin shenanigans that make silver bulls scream blood murder every time the CME's name is mentioned). And the CME...
  • Idaho to be first Chinese state

    05/31/2011 8:02:52 PM PDT · by Tolerance Sucks Rocks · 57 replies
    The Examiner ^ | May 31, 2011 | Bill Turner
    Governor Butch Otter, in league with notorious Marxist, B. Hussein Obama, have hatched a plan to make Idaho the first Chinese owned state in America. Otter and company have named this Project 60. Sounds innocent enough, until you realize that Otter and his minions are afraid to call it what it is, globalization of America and surrender of sovereignty. If it were called that someone may want to charge Otter with sedition. Under B. Hussein Obama it has become increasingly difficult to do business in America, unless you are from a foreign nation. Idaho, under the stewardship of Governor Butch...
  • HOWARD DAVIDOWITZ: We're At The Edge Of A Dollar Crisis, The DOW Could Fall 6,000 Points

    03/25/2011 3:18:10 PM PDT · by blam · 39 replies
    TBI ^ | 3-25-2011 | Peter Gorenstein
    HOWARD DAVIDOWITZ: We're At The Edge Of A Dollar Crisis, The DOW Could Fall 6,000 Points Peter Gorenstein Mar. 25, 2011, 3:46 PM There's a distinct possibility the U.S. stock market could plunge as much as 6,000 points if the U.S. continues to rack up record amounts of debt, causing the dollar to lose its reserve currency status, says Daily Ticker favorite Howard Davidowitz. (See video below)(Click to the site to see the video) "The dollar has never been at greater risk," he tells Henry in the accompanying clip. Davidowitz is confident that if Washington doesn't cool its spending habits,...
  • EPA Is Now Using Taxpayer Dollars to Pay Lung Association to Attack Republicans

    03/23/2011 5:24:02 PM PDT · by Nachum · 20 replies
    big government ^ | 3/23/11 | Jim Hoft
    Your tax dollars at work… The EPA is now paying the American Lung Association to attack Republicans The ALA put up four billboards like this one near Rep. Fred Upton’s office in Michigan. Upton is the House Energy and Commerce Chairman. (PlowShareGroup) The Environmental Protection Agency is paying the American Lung Association to run attack ads against Republican members of Congress. JunkScience.com reported: “The American Lung Association has targeted House Energy and Commerce Chairman Fred Upton for his efforts to stop U.S. EPA from regulating greenhouse gas emissions by placing billboards within sight of his district offices linking climate change...
  • Jeffrey Bell: Return America to the Gold Standard

    12/10/2010 6:48:02 PM PST · by Tolerance Sucks Rocks · 80 replies · 2+ views
    moneynews.com ^ | December 10, 2010 | Greg Brown and Ashley Martella
    Jeffrey Bell, a two-time campaign adviser to Ronald Reagan, says it’s high time that the United States return to the gold standard, abandoned by President Richard Nixon in 1971. He cites Reagan as a proponent of the monetary regime and squarely blames current Federal Reserve Chairman Ben Bernanke’s policies for the ongoing global economic stagnation. Bell is policy director of the American Principles Project. He served as an issues adviser in Ronald Reagan’s 1976 and 1980 presidential campaigns and was the Republican Party’s nominee for the U.S. Senate in New Jersey in 1978. Bernanke’s policies — extremely low interest rates...
  • Government can’t print money properly

    12/06/2010 1:54:07 PM PST · by hattend · 31 replies · 1+ views
    The Lookout News Blog and Yahoo ^ | Mon Dec 6, 9:36 am ET | Zachary Roth
    As a metaphor for our troubled economic and financial era -- and the government's stumbling response -- this one's hard to beat. You can't stimulate the economy via the money supply, after all, if you can't print the money correctly. Because of a problem with the presses, the federal government has shut down production of its flashy new $100 bills, and has quarantined more than 1 billion of them -- more than 10 percent of all existing U.S. cash -- in a vault in Fort Worth, Texas, reports CNBC
  • Confidence In The U.S. Will Collapse And Change Will Come With Alarming Speed

    11/05/2010 8:53:14 PM PDT · by blam · 72 replies
    The Business Insider ^ | 11-5-2010 | John Browne, EuroPac
    Confidence In The U.S. Will Collapse And Change Will Come With Alarming Speed John Browne, EuroPac Nov. 5, 2010, 4:41 PM This week, desperation became palpable at the Fed. In both the formulaic statement that accompanied its FOMC policy decision and Chairman Ben Bernanke's unusual (and clumsy) Washington Post op-ed follow up, the guardians of our currency expressed grave disappointment at the slow pace of US economic recovery and emphasized the continued threat of deflation. The Fed is now pledging to defeat this recession using any monetary means necessary. Unfortunately, their embrace threatens to smother our economy. Despite its paternalistic...
  • Citi: Central Banks Are Going To Start Dumping Dollars In The Coming Weeks

    11/05/2010 4:17:04 AM PDT · by blam · 5 replies
    The Business Insider ^ | 11-5-2010 | Joe Weisenthal
    Citi: Central Banks Are Going To Start Dumping Dollars In The Coming Weeks Joe Weisenthal Nov. 5, 2010, 6:33 AM QE2 is likely to serve as a reminder to central bank reserve managers that they still have way too many dollars, and that they need to diversify away. That's the argument from Citi's Steven Englander: With FOMC out of the way and largely meeting expectations, investors are looking for what comes next. We think that reserve managers will contribute to the next stage of USD weakness as QE2 confirms their worst fears about the Fed’s intentions and the quality of...
  • Think Twice Before Accusing Others Of Currency Manipulation

    10/10/2010 4:49:17 PM PDT · by blam · 4 replies
    The Business Insider ^ | 10-10-2010 | Clemens Kownatzki
    Think Twice Before Accusing Others Of Currency Manipulation Clemens Kownatzki FXIS Market Insights Oct. 10, 2010, 2:21 PM The financial news media has a way of shifting people’s focus on certain key issues that are supposed to occupy an investor’s mind for certain periods. Sadly, the bold headlines encourage the spread of fear and often do more damage than good. In this day and age, who has the time to read details and go beyond the headlines? This causes investors to pay too much attention to the bold statements and to make investment decisions based on fear. The fear is...
  • When Will Gold Reach $10,000 An Ounce?

    10/10/2010 11:07:11 AM PDT · by blam · 32 replies
    Seeking Alpha ^ | 10-10-2010 | David Friedman-Wall St. Cheat Sheet
    When Will Gold Reach $10,000 An Ounce? by: Wall St. Cheat Sheet October 10, 2010 Gold bugs like gold because, unlike fiat money, gold has an inherent value to it. Its relative scarcity makes it more valuable than other things. It’s interesting, then, to list gold bugs’ arguments in favor of gold. Their main claim is that when governments devalue their currency, by letting inflation run rampant and taking on more debt than seems prudent, gold becomes an attractive investment vehicle. Never mind the problems with storing, moving, and securing gold, the gold bugs say: gold has inherent value that...
  • Doctors without Dollars

    10/03/2010 10:49:25 AM PDT · by Nachum · 28 replies
    www.kevinpezzi.com ^ | Kevin Pezzi
    The February 12, 2007 issue of Time magazine included an interesting article by Scott Haig, M.D. entitled Doctors without Dollars. As Dr. Haig illustrated, the traditional practice of medicine is no longer as lucrative as it once was, so doctors are looking for other ways to make a living. Some
  • 6 Reasons Why A Dollar Crisis Is Imminent

    09/27/2010 8:06:46 AM PDT · by blam · 27 replies
    Seeking Alpha ^ | 9-27-2010 | Perry D.
    6 Reasons Why A Dollar Crisis Is Imminent by: Perry D. September 27, 2010 The U.S. dollar is sliding dangerously close to a steep cliff -- a possible point of no return at which the currency could collapse and America could join the ranks of the world's banana republics. For more than thirty years, the U.S. has resisted the restructuring, austerity and market forces required to restore the health, competitiveness and potential of its economy. Extending a long-running policy of neglect, denial, short-sightedness, political expediency and corruption, for the past two years, the Federal Reserve has tried to prop up...
  • Pool Parties and Golf - Your Tax Dollars at Work (Spending at the DOJ is Poorly Monitored)

    07/25/2010 10:38:53 AM PDT · by Libloather · 12 replies · 1+ views
    CBS News ^ | 7/23/10 | Sharyl Attkisson
    Pool Parties and Golf - Your Tax Dollars at WorkQuestionable Spending at the Department of Justice is Poorly Monitored By Sharyl Attkisson WASHINGTON, July 23, 2010 (CBS) With a $13 trillion debt, why is the Department of Justice spending money on parties and rollercoaster rides rather than investigating crime, drug cartels, prosecuting terrorists? Untold millions of your tax dollars are paying for recreation in the name of crime prevention: pool parties, rollercoaster rides, and police donut-eating contests. The idea is that fun activities keep kids out of trouble, build self-esteem and prevent crime. CBS News investigative correspondent Sharyl Attkisson reports...
  • Zimbabweans wash dirty US dollars with soap, water

    07/06/2010 7:01:13 PM PDT · by SandRat · 12 replies
    The washing machine cycle takes about 45 minutes _ and George Washington comes out much cleaner in the Zimbabwe-style laundering of dirty money. Low-denomination U.S bank notes change hands until they fall apart here in Africa, and the bills are routinely carried in underwear and shoes through crime-ridden slums. Some have become almost too smelly to handle, so Zimbabweans have taken to putting their $1 bills through the spin cycle and hanging them up to dry with clothes pins alongside sheets and items of clothing. It's the best solution _ apart from rubber gloves or disinfectant wipes _ in a...
  • Forget Euro $1.30: Here's The New Crucial Level, And Here's When To Bet On A Turnaround

    05/06/2010 6:10:34 AM PDT · by blam · 15 replies · 926+ views
    The Business Insider ^ | 5-6-2010 | Joe Weisenthal
    Forget Euro $1.30: Here's The New Crucial Level, And Here's When To Bet On A Turnaround Joe Weisenthal May. 6, 2010, 5:05 AM It was a pretty violent night in euroland, with the battered currency trading in the $1.27s before trading back above $1.28. The $1.30 "support" level that everyone was obsessed with a couple days ago is a fond memory. So what's next? $1.25? $1.20? Mike O'Rourke of BTIG explains what you should be looking out for: The (chart) below highlights the key 1.25 support level which coincides with the October-November 2008 and February-March 2009 bottoms the currency made...
  • There's A Global Shortage Of U.S. Dollars

    05/06/2010 5:28:22 AM PDT · by blam · 5 replies · 380+ views
    The Business Insider ^ | 5-6-2010 | Vincent Fernando, CFA
    There's A Global Shortage Of U.S. Dollars Vincent Fernando, CFA May. 6, 2010, 4:43 AM Euro concerns and flight to the U.S. dollar and dollar-based funding has created shortages of U.S. dollars in some Asian markets. Reuters: In Thailand, swap offered rates fell amid concerns that Europe's debt problems are prompting a sharp increase in demand for dollar funding. "I think there are still shortages and this is keeping pressure on forex swaps, fixings and interest rate swaps," said a Bangkok-based trader. ... In India, onshore dollar premiums slid with six-month and one-year premiums falling to two-month lows as concerns...
  • Gold Just Tanked Big-Time, As Everyone's Scrambling For Cash

    05/04/2010 10:22:06 AM PDT · by blam · 92 replies · 4,296+ views
    The Business Insider ^ | 5-4-2010 | Joe Weisenthal
    Gold Just Tanked Big-Time, As Everyone's Scrambling For Cash Joe Weisenthal May. 4, 2010, 11:10 AM Check out what's happening with gold. People only want greenbacks today.[snip]
  • U.S. Unveils New $100 Bill

    04/21/2010 9:00:11 AM PDT · by Thurston_Howell_III · 59 replies · 2,216+ views
    Wall Street Journal ^ | April | DARRELL A. HUGHES
    WASHINGTON—Treasury Secretary Timothy Geithner and Federal Reserve Chairman Ben Bernanke unveiled a new $100 bill equipped with two new security features. The bill will go into circulation Feb. 10, 2011. The Fed, along with the Treasury Department, the Bureau of Engraving and Printing and the U.S. Secret Service, "continuously monitor the counterfeiting threats" for each denomination and redesign decisions are made based on those threats, Mr. Bernanke said.
  • Health Care: Tea Party Protest Candlelight Vigil

    03/21/2010 9:32:27 PM PDT · by timestax · 87 replies · 1,256+ views
    March 22,2010 | timestax
    Cincinnati Tea Party meets downtown Cincinnati, to hold candlelight vigil and send a massage to U.S.Rep.Steve Driehaus-DWest Price Hill,to vote no on the Obama Insurance Bill. My final headcount was nearly 400, counting teenagers and children too.
  • U.S. dollars? Why not Texas cow chips?

    02/24/2010 2:23:43 PM PST · by Cheap_Hessian · 9 replies · 411+ views
    CNBC (Bankrate.com) ^ | February 24, 2010 | Jay MacDonald
    When word reached me last week of major breaking economic news out of South Carolina, where, frankly, major economic news rarely breaks, I naturally feared the worst: a repeat of the 1987 boll weevil infestation that had decimated the Myrtle Beach T-shirt industry. But no, fortunately, this kerfuffle involved an apparently sincere attempt by a four-term state politician to unilaterally revert South Carolina to the gold standard. State Rep. Mike Pitts, R-Laurens, introduced legislation that would replace U.S. dollars with gold and silver coins as the recognized legal tender within the Palmetto State. I'm thinking of a Stephen Colbert half...
  • US currency purged, Iraqi dinar gets boost

    01/31/2010 11:43:04 AM PST · by SandRat · 2 replies · 398+ views
    U.S. Forces Iraq ^ | Spc. Lisa A. Cope, USA
    BASRAH – United States currency will soon become difficult to find in Iraq as efforts are underway to protect U.S. Soldiers and increase the value of the Iraqi dinar. Sgt. Brittany A. Raimer, a dispersing manager with the 368th Finance Management Company, out of Wichita, Kan., 36th Sustainment Brigade, 13th Sustainment Command (Expeditionary), said eliminating the use of U.S. currency on the battlefield will help to stimulate the economy of Iraq. "One of the main focuses of finance is to ultimately eliminate U.S. currency from the battlefield," said Raimer, a Lake Charles, La., native. "Our government is implementing the use...
  • Banks... Cash... Gold... What to save? (vanity)

    12/30/2009 7:54:50 AM PST · by Sopater · 29 replies · 1,164+ views
    December 30, 2009 | Sopater
    Don't trust the banks... Don't trust the economy and the value of the US Dollar... Don't trust the gold market... What the hell should I save or bury in my yard in order to protect my investments? Sheesh.
  • Obama: We Can't Treat Tax Dollars Like "Monopoly Money" (Video)

    12/21/2009 4:25:01 PM PST · by Reaganesque · 31 replies · 1,044+ views
    Real Clear Politics ^ | 12/21/09 | Barack Obama
    Click here to view video. "In the long run we can't continue to spend as if deficits don't have consequences, as if waste doesn't matter, as if the hard earned tax dollars of the American people can be treated like monopoly money, that's what we've seen time and time again, Washington has become more concerned about the next election than the next generation."
  • Gold Falls Hard On Stronger U.S. Dollar

    12/17/2009 2:37:28 PM PST · by blam · 31 replies · 1,067+ views
    The Market Oracle ^ | 12-17-2009 | By: Adrian Ash
    Gold Falls Hard On Stronger U.S. Dollar Commodities / Gold & Silver 2009 Dec 17, 2009 - 07:36 AM By: Adrian Ash THE PRICE OF GOLD fell hard in Dollars but held flat for non-US investors early Thursday in London following yesterday's Federal Reserve statement on monetary policy. Vowing to keep interest rates at zero "for an extended period", the Fed said it will withdraw "emergency liquidity facilities" by Feb. 2010 – including the unlimited Dollar-swaps currently offered to central banks globally. Gold initially rose to $1142 an ounce overnight, but fell back to $1120 by lunchtime in London, unwinding...
  • U.S. Dollar Set To Surprise By Falling To Test All Time Low

    11/30/2009 2:41:37 PM PST · by blam · 26 replies · 1,154+ views
    The Market Oracle ^ | 11-30-2009 | Captain Hook
    U.S. Dollar Set To Surprise By Falling To Test All Time Low Currencies / US Dollar Nov 30, 2009 - 01:48 PM By: Captain Hook The dollar ($) is set to surprise the few remaining speculators that think it can't happen by falling further straight away, possibly taking it down to test all time lows at 71. Here, we are talking about the possibility of a more disorderly decline in the $ developing as a result of gold progressing into a parabolic rise, primarily predicated on year-end hedge fund buying into December. First it will be this that takes precious...
  • Stimulus Dollars, TARP Funds, And A Flu Shot Fiasco

    11/22/2009 4:41:14 AM PST · by Kaslin · 13 replies · 798+ views
    Townhall.com ^ | November 22, 2009 | Austin Hill
    Where did the swine flu vaccinations go? They went the way of the “stimulus money” – that is to say, they were sent here, and shipped there. And, of course, they were “administered” and “disbursed” and “distributed” by high ranking officials who work in very important positions in vital departments of our U.S. Government. But nobody in our government – no one, specific individual – can say with certainty how many flu shots there are, or where they are, or where they might be headed. And the same is true for the billions of dollars that were entailed in President...
  • Zero Interest Rates Can't Last Forever. Then Where Are We Headed?

    11/13/2009 2:52:27 PM PST · by blam · 9 replies · 600+ views
    Seeking Alpha ^ | 11-13-2009 | The Housing Time Bomb
    Zero Interest Rates Can't Last Forever. Then Where Are We Headed? by: The Housing Time Bomb November 13, 2009 I apologize for being so quiet this week. I am extremely busy recently so please forgive me! Alrighty, let's get to these wacky markets. I wanted to share some thoughts with all of you around the US dollar and the current "easy money" interest rate policy of the Fed. Before I get into this, let me start by saying the market makes no sense right now when it comes to fundamentals (Surprise! Not!). A strong dollar is usually associated with a...
  • Stock Market Rally Priced In Gold Not Dollars

    11/13/2009 1:54:26 PM PST · by blam · 4 replies · 558+ views
    The Market Oracle ^ | 11-13-2009 | Adrian Ash
    Stock Market Rally Priced In Gold Not Dollars Commodities / Gold & Silver 2009 Nov 13, 2009 - 03:41 PM By: Adrian_Ash Non-US investors haven't enjoyed the same stock rally as Wall Street. Whereas in gold... "THE DOLLAR is still driving gold," agree the analysts, pundits and chart-watchers now scratching their heads about where gold is headed next. That's kind of true, but not entirely. Yes, the Dollar's fall against gold since the start of this decade has been greater than the drop suffered to date by the rest of the world's currencies. But the last 20% move in Dollar...
  • Watching The USD Drop? Here's What You Should Really Be Watching

    11/09/2009 2:13:34 PM PST · by blam · 13 replies · 1,163+ views
    Seeking Alpha ^ | 11-09-2009 | Shishir Nigam
    Watching The USD Drop? Here's What You Should Really Be Watching Shishir Nigam November 09, 2009 The USD vs the JPY is weakest in years. Yes, the DXY dollar index has been hitting new lows around 74. Yes, US government debt and deficits (the 2 infamous “D”s) have been skyrocketing and are projected to keep on growing in the coming years. Yes, the printing presses started by Ben Bernanke might be running faster than most people are comfortable with. And yes, the coming inflation will lead to further devaluation of the dollar which the government will not attempt to stop...
  • If anyone's going on Friday to DC to stop Obamacare, bring some Zero dollars to use!

    11/02/2009 1:44:37 PM PST · by Secret Agent Man · 13 replies · 666+ views
    self | 11/2/09 | Secret Agent Man
    Today is Monday, for anyone who is going, please look through the Zero Dollar archive and pick out any that you feel you'd want to use and handout to your reps or any politician you run into that day. For those that can't go, find the ones you like and MAIL them today to your reps so their office can get them by Friday. It isn't hard. there are almost 70 different Zero dollars to pick from that expres different problems with Obamacare and the administration in general. I've included the latest example and a link to the archive below:...
  • When Big Returns Aren't That Big (The Dow hits 10,000 in Devalued Dollars)

    10/16/2009 7:50:28 AM PDT · by SeekAndFind · 14 replies · 603+ views
    Smart Money ^ | 10/16/2009 | Jonathan Hoenig
    From May through October of 2008, Zimbabwean stocks skyrocketed, shooting from 72,000 to almost 400,000 by early November as measured by the S&P/International Finance Zimbabwe Index. For intrepid investors with a world bent, it would appear to be an attractive return of roughly 5,300%. The only problem is that, while investors had indeed earned more Zimbabwe dollars, the value of those dollars over the same period had nearly evaporated amid the country's hyperinflation, meaning the "return" was actually a catastrophic loss. One Zimbabwe dollar in May of 2008 had lost 99.99% of its purchasing power by November of that same...
  • ARABS PLOT TO DROP DOLLAR Link only source cannot be posted

    10/05/2009 4:24:16 PM PDT · by FromLori · 45 replies · 1,977+ views
    Drudge | 10/6/09
    http://www.independent.co.uk/news/business/news/the-demise-of-the-dollar-1798175.html
  • Millions of stimulous dollars spent on sex studies (on Neal Cavuto now)

    08/25/2009 2:01:24 PM PDT · by Stayfree · 11 replies · 1,143+ views
    Neal Cavuto on Fox | August 25, 2009 | Stayfree
    Millions of stimulous dollars spent on sex studies, including effect of meth on rats having sex