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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: elmatador who wrote (48031)	4/1/2009 11:40:00 AM
From: abuelita	Read Replies (1) \| Respond to of 220201

Russia would favour the inclusion of gold bullion in the basket-weighting of a new world currency .... me too. i'd love to be a fly on the wall at this summit meeting.

To: elmatador who wrote (48031)	4/1/2009 11:50:00 AM
From: abuelita	Respond to of 220201

elmat - for your reading pleasure ..... The current US depression takes place in the context of a de-industrialized economy, an insolvent financial system, record fiscal deficits, record trade deficits, unprecedented public debt, multi-trillion dollar foreign debt and well over $800 billion dollars committed in military expenditures for several ongoing wars and occupations. All of these variables defy the contexts in which previous depressions occurred. Nothing in previous contexts leading up to a crisis of capitalism resembles the present situation. The present configuration of economic, political and social structures of capitalism include astronomical levels of state pillage of the public treasury in order to prop up insolvent banks and factories, involving unprecedented transfers of income from wage and salaried taxpayers to non-productive ‘rent earners’ and to failed industrial capitalists, dividend collectors and creditors. The rate and levels of appropriation and reduction of savings, pensions and health plans, all without any compensation, has led to the most rapid and widespread reduction of living standards and mass impoverishment in recent US history. globalresearch.ca

To: elmatador who wrote (48031)	4/1/2009 1:13:45 PM
From: TobagoJack	4 Recommendations Read Replies (1) \| Respond to of 220201

just in in-tray "There are certain professions in which the collective genius of the American people dominates the field: semiconductor design, fast food product differentiation, fire-control systems for air-to-air combat, and con artistry. That these are not, at the moment, sufficient to earn a current account surplus, is a problem being worked on, not least by the service exporters in the latter occupation." John Dizard, Financial Times

To: elmatador who wrote (48031)	4/1/2009 3:43:57 PM
From: philv	Respond to of 220201

Brown, quickly coming to Obama's defense when Obama acknowledged America is to blame for some of the economic melt down said: The prime minister cited, only half-jokingly, a riff he picked up in visiting with President Luiz Inacio "Lula" Da Silva last week in Brazil. “He said to me, ‘When I was leader of the trade unions, I blamed the government, when I became leader of the opposition, I blamed the government, when I became the government, I blamed Europe and America,” Brown recalled." eg. It's not your fault. Its nobody's fault!