The American Empire Is Bankrupt
Jun 14, 2009 Wikimedia Commons By Chris Hedges
This week marks the end of the dollar’s reign as the world’s reserve currency. It marks the start of a terrible period of economic and political decline in the United States. And it signals the last gasp of the American imperium. That’s over. It is not coming back. And what is to come will be very, very painful.
Barack Obama, and the criminal class on Wall Street, aided by a corporate media that continues (...)
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The American Empire Is Bankrupt
16 June 2009 par (Open-Publishing)
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De-Dollarization: Dismantling America’s Financial-Military Empire
15 June 2009 par (Open-Publishing)
De-Dollarization: Dismantling America’s Financial-Military Empire The Yekaterinburg Turning Point
by Prof. Michael Hudson, Global Research, June 13, 2009
The city of Yakaterinburg, Russia’s largest east of the Urals, may become known not only as the death place of the tsars but of American hegemony too – and not only where US U-2 pilot Gary Powers was shot down in 1960, but where the US-centered international financial order was brought to ground.
Challenging America will be the (...) -
How long can the Dollar Last as the World’s Reserve Currency?
13 June 2009 par (Open-Publishing)
How long can the Dollar Last as the World’s Reserve Currency?
The big question is how long can the dollar last as the world’s reserve currency? Needless to say, that is not an easy question to answer. We recently called the top on the dollar at 89.50 on the USDX. The USDX is six currencies versus the dollar on a weighted basis. More than a year ago the dollar hit a low on the USDX at 71.18. A phenomenal rally ensued from that level expedited by de-leveraging and the closing out positions (...) -
Come, See Your Future
11 June 2009 par (Open-Publishing)
Come, See Your Future By David Glenn Cox
The sword of Damocles has fallen; Atlas has dropped the Earth and an earthquake has struck California. Not a seismic earthquake but an economic earthquake.
The reverberations in the California real estate market combined with the outsourcing of jobs set into motion the shaking of the state’s economic foundations. If you were to see this play enacted in a theater, you wouldn’t believe it. I read it again and again and shake my head at what has (...) -
Bill To Audit Federal Reserve Now Has 207 Co-Sponsors
11 June 2009 par (Open-Publishing)
Bill To Audit Federal Reserve Now Has 207 Co-Sponsors
New names being added every day, momentum building for Ron Paul
Steve Watson
Infowars.net
Wednesday, June 10, 2009
At time of writing, a bill that would see the Federal Reserve bank audited for the first time in 59 years has 207 cosponsers in the House and is gaining traction with every single day.
According to Ron Paul’s Campaign For Liberty, the latest to become cosponsors are, Rep. Ed Perlmutter (D-CO) and Rep. Chris Lee (...) -
Dillon, Read & Co. Inc. and the Aristocracy of Stock Profits
11 June 2009 par (Open-Publishing)
Dillon, Read & Co. Inc. and the Aristocracy of Stock Profits
by Catherine Austin Fitts
This is a historic documentation about the current international economic melt down, coup organisation, Identities, tricks and timelines of the international elite. It’s long and complete - save it to disc. It speaks about who is profiting from drugs and the privatisation of prisons and follows the $highway all the way.
http://www.dunwalke.com/ -
Dark days for the dollar
5 June 2009 par (Open-Publishing)
Dark days for the dollar
By Sean Brodrick
JUPITER, Fla. (MarketWatch) — In May, the U.S. dollar index cracked important support. This affects all Americans, because we are all speculating in the U.S. dollar.
If you don’t think so, open your wallet. Do you see dollars there? Then you’re speculating on the dollar by holding on to it. Probably most of your investments are dollar-denominated as well. Another leg down in the dollar could translate into tough times for your portfolio — and (...) -
Towards a world war of interest rates aimed at capturing global savings
5 June 2009 par (Open-Publishing)
Towards a world war of interest rates aimed at capturing global savings
Excerpt GEAB N°31
As a matter of fact, the recent step taken by the Fed proves that, though they do not admit it, they are in fact beginning to realize that they are facing a problem of general insolvency in the US (and in the related countries, such as UK (1)), affecting the federal State, federated states, companies, banks and households. For this reason, they have started (2) buying the T-Bonds issued by the US (...) -
The Next Wave
28 May 2009 par (Open-Publishing)
The Next Wave By David Glenn Cox
There is an old joke about a guy who fell off the eightieth floor of a construction site. On the fortieth floor his friends called out, “Are you all right?” The man answers, “So far, so good!” The experts and pundits alike take turns trying to call bottom in this economic cataclysm, for it is a choice career plum to be the expert who correctly calls the bottom.
The problem is that this financial catastrophe has been so well-disguised that it is almost (...) -
China warns Federal Reserve over ’printing money’
26 May 2009 par (Open-Publishing)
China warns Federal Reserve over ’printing money’
China has warned a top member of the US Federal Reserve that it is increasingly disturbed by the Fed’s direct purchase of US Treasury bonds.
By Ambrose Evans-Pritchard, 26 May 2009
Richard Fisher, president of the Dallas Federal Reserve Bank, said: "Senior officials of the Chinese government grilled me about whether or not we are going to monetise the actions of our legislature."
"I must have been asked about that a hundred times in (...)