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Iran Speaks Up: "Paper Dollar Destroying World Economy"
This one is just too good to pass by: the latest critic of US monetary, and budget policy, is none other than... Iran. From PressTV: "Iran's President Mahmoud Ahmadinejad strongly criticizes US economic policies, saying that the paper currency created by the American government is taking a heavy toll on the global economy." In an address to the fourth UN Conference on the Least Developed Countries in Istanbul, Turkey, on Monday, Ahmadinejad said that the cash injected into the global economy in the form valueless US dollars amount to over USD 32 trillion, IRNA reported. “This is while the US budget deficit for the 2011 fiscal year is expected to reach a figure above USD 1.6 trillion,” he added. Who would have thought The Onion reality of our centrally planned times would get to a point where Iran speaks more truth than our own politicians...
More from PressTV:
The Iranian president also pointed that the US foreign debt now approaching over USD 14.6 trillion, while the Gross Domestic Product (GDP) in the United States stands at around USD 14 trillion.
President Ahmadinejad stated that such figures clearly explain the plunder of national wealth in many countries, and the upsurge in poverty and underdevelopment across the globe.
He noted the certain countries rob less developed states to pay their international debts.
“Most of international economic organizations either defend the existing situation or serve the interests of certain states,” he said.
President Ahmadinejad further said the era of colonialism is coming to an end and the management of world issues should be reformed.
Lastly, if Iran gets its way, the US may soon follow Weimar not only in infinite printing, but in paying reparations:
He also proposed the formation of an independent commission to assess the extent of damage inflicted on oppressed nations during the era of colonialism, and to oblige former colonialist powers to pay indemnities.
There is little one can add to this gem. Pretty much says it all.
h/t Temp Flashback
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Do you think 9/11 would have happened absent Islamic fundementalism, where were all of the hijacker's trained, by whom? Who funded them? Look at the Shiate connection. Look to Iran, it is the center of all of this.
I thought that was jewish supremacism actually.
Don't forget good old American imperialism on top of that.
the hijackers were trained by airliner flight schools in the United States.
NEXT.
Overgeneralizing a bit, counselor? But of course, sheer advocacy rarely equates with critical thinking.
Thanks for the laugh, my 'critical thought' students may disagree.
Then do some critical thinking and reanalyze 911 because your assumptions undercut your argument.
And I suppose people like Mike Huckabee are honest, rational and acceptable to you?
Nice try...
If a crazy man runs up to you on the street and tells you your house is on fire, and you refuse to investigate (after all, he's a madman).....and the news turns out to be true, who's the crazy one?
I know very little about Ahmadinejad the person, and even less about Iran as a country, but is there any doubt what is said above is accurate?
Take off the blinders. My guess is most people here know only what the US MSM tells them about Iran.
Ahmadinejad demonstrated great humility when a Fox News interverviewer told him that he was completely insane.
"Fox News interverviewer told him that he was completely insane"
Oh delicious irony why art though so sweet.
Why would we even consider the opinion of a mad man, running a religious fanatic's government, with the stated purpose of ruling the world.
What's Netanyahu got to do with this?
Netanyahu is a pragmatist, a nationalist who fought for his country, who has to deal with Hamas and Hezbolla routinely tossing rockets at him, both funded by Iran, and Iran itself threatening to wipe Isreal off the face of the planet. His is not a religious idealist, or fundementalist, he is simply enegaged in self preservation in a world in which Isreal is surrounded by Shiate mad-men.
well he is not only a pragmatist he is madder than the maddest of those shiite mad men...he is so mad...he will end up in history...as the MAN who invited apartheid into Israel on a grand scale. I'm sure the ghost of Sharon is not pleased for this lese majesty.
LOL. So Netanyahu is a prince and Israel can do no wrong?
Even my Jewish friends would laugh at your totally one sided propaganda.
Yes, my Jewish friends would probably disagree as well. But, that is my opinion. I think he is a great leader. I wish our leaders had his pragmatism.
I'm sure Danny Malan's acolytes saw him as 'pragmatic' too, blinded by privilege as they were.
Sorry, but putting a whale tail and some sex lights on religious apartheid doesn't make it secular and 'reasonable'; at best you end up with a Halakha conforming prop car for the next installment of The Fast and the Furious.
"You got an F"
Now when legal beagle says "our" just who exactly do you mena? Who is you and who is your included group?
Re. my Jewish friends
Iran never made such a threat against IsrAEl
I agree, but we're talking about Iran here not the US
Yet another instance of the wrong person saying the right thing, associating Iranian "evildoers" with anyone critical of the Fed/Treasury in the process.
You know, this divide and conquer stuff is so easy, it's surprising everyone isn't doing it.
When did they stop producing fragmented serfs, stripped of independence ready for the plantations?
He states that the dollar is worthless but then asks to get a few in reparations.No problemo Iran if you do not mind waiting a couple years we will gladly send you a few bales of freshly printed FRNs
Maybe the US can pay with the gold in fart knox?
Long burqas and fist sized stoning rocks, short human rights, peace and prosperity.
The country I was taught to hate, Iran, is the only country talking any truth. Ah I see why they are such terrorists.
The countries MSM says we should hate all have one thing in common, they do not accept US influence. There aren't many examples of iran, venezuela, or china harming american citizens.And I'm not so sure us govt treats its citizens any better than those govts treat their citizens.
So now that alot of people are in agreement with Iran, does that make us Economic Terrorists?
agreement on this specific issue only ; nope, it makes us rationalists...
rhetorical?
good luck collecting the damages of colonialism.
tyler is absolutely correct. it is a damn shame when Iran is more credible than the US federal government. the US state department is dead wrong supporting Bahrain, the other GCC puppets & bombing Libya, the CIA is outright dangerous with this bin Laden hoax, and the Fed is criminal by sacrificing our standard of living long term with dangerous monetary policy.
Beta test the new cell phones on the Iranian administration
Iran Truth Movement
First, Iran says the US strong dollar ain't...
Then, Iran says Bin Laden been dead long time...
Now, Iran says the US be printin'...
Who'd of Thought
Ahmadinejad has more credibility than:
All coming from a country that prints enough money to have over 20% inflation. And not just for a year or two. What a joke. There printing press runs worse than ours.
I also get tired of these complaints on exporting inflation. These countries can always appreciate their currency which is one of the real problems that need to be addressed.
"Who would have thought The Onion reality of our centrally planned times would get to a point where Iran speaks more truth than our own politicians..."
Since when do leaders employ truth? It's not particularly useful. On this topic, there is little, if any chance of Iran being truthful.
Objective truth is born from a womb of actions, not a pie hole.
Iran sure is making a lot of noise. They and China should open a chatroom on the net. They can call it, 'Talk shit on the US, but go along with the fiat ponzi for as long as possible because we too are fascist assholes'.
+ all fiat fit to print and buy Bernank's fiat
Well said. Since when is a Franco a "good guy" for sticking his tongue out at a Mussolini? A pox on all their houses.
Well, the sovereign gold/silver rush officially started today..
Mahmoud building up some street cred again since Assad Jr. is in trouble and their brand of colored revolution isn't going so well in Bahrain & Yemen...
takes an opressor to know an opressor
More accurately, an opressor who is not allied with the other opressor. Notice that when China makes statements about the USA, they too all to often are perfectly reasonable. And why not? When truth is the worst you can say about your enemy, then why settle for less?
Everything the little sand monkey said is true.
But Iran still accepts US dollars as payment for its oil.
Actions speak louder than words.
well.... when his neighbors played with the idea of doing the same (accepting something other than dollars for oil), that regime was changed for them. When Iran decides to accept something other than dollars, they better be prepared with their own "coalition of the willing" to counter the one he will face. There's the rub.
That is the real power base of the empire. The interesting question is how China would feel about someone trying to make their dollar reserves less valuable.
Those USD collected gets recycled to Israel via Hezbollah and Hamas arms fundings which are subsequently confiscated by Israeli army; so that allows them to spread bubble trouble cheaply using paper toilet money. That may also be one more reason that Ahmed is mad...toilet paper value is going down too fast and the Hamas is mad!
"Who would have thought The Onion reality of our centrally planned times would get to a point where Iran speaks more truth than our own politicians..." Anyone with half a brain or memory. During the cold war I always read Izvestia to find out what the USA was up to and the New York Times to find out what the Soviet Union was up to. Their critical reporting and journalism when focused on the "opposition" tended to be of far higher quality than when dealing with the realities of their own economic masters. A smart dog never bites the hand that feeds it.
Yes, some of us lived through the 60's and 70's. In a propaganda state, news about one country will only be reported truthfully by another. Unfortunately, you tend to realize that everyone is on fire, just a matter of who is burning faster.
um, you read 2 commie rags to get both sides? well allrighty then......
Yeah I'm still trying to figure out the difference between the NYT and Isvestia?
There is little one can add to this gem. Pretty much says it all.
Actually this rant would be a bit more credible if Squinty would put his money where his mouth is and start stockpiling PM.
http://www.zerohedge.com/article/secret-iran-gold-holdings-leaked-tehran...
He is a whiner. All he has is oil and is miffed about the petro dollar.
Their people are poor and pissed about rising food prices. Without the oil, how many of them would survive any better?
Pay reparations? Yep, with large amounts of lead and depleted uranium.
A+
You better believe he is miffed about having to accept increasingly worthless petro-dollars.
The rub is "What can you do about it?" when the petro-dollar is backed by the most deadly and technologically advanced military machine in history?
The answer: Complain about it.
One option is to keep more of it in the ground, and wait for a better deal. Unfortunately, that would just make Iran an even bigger target for humanitarian invasion, if that is even possible.
*This is a parody, and no whining actress was filmed in MENA for the making of this comment.
You had me at Sally Struthers HH - well done!
Re. Keep it in the ground. Iraq just decided to do that when they cut future production estimates in half.
"Baghdad believes it would not be in its interests to try to achieve the 12 million target by 2017 because boosting global supply would depress prices."
http://www.zerohedge.com/article/iraq-slashes-projected-crude-output-hal...
Answer: Sell oil to china for yuan
They first need nukes. The US only respects allies and countries with nukes. Everyone else gets "made" an ally, or bombed into oblivion.
The IOB (Iranian Oil Bourse)is intended as an oil bourse for petroleum, petrochemicals and gas in various currencies, primarily the euro and Iranian rial and a basket of other major currencies apart from the United States dollar.
During 2007, Iran asked its petroleum customers to pay in non US dollar currencies. By December 8, 2007, Iran reported to have converted all of its oil export payments to non-dollar currencies
which just happens to be completely fucking useless without oil..
Well....Is this the last on the list to know.....
Here it is.....
The US is in a forced BRIC labor equilibration period....whereby the major issue of passing on the cost of bad bets from the IBanks to the public is in play......
The real insanity is the taking of money from savers and the innocent to pay for IBankers mistakes and lifestyles....
Just does not make sense.....
The academic globalization and one world theorists do deserve about 99% of the blame....
A beginning of the end is a significant oil exporter demanding payment in gold.
Something has to give eventually.
I assume he would not want indemnities paid in the form of fiat Federal Reserve Notes?:)
Tuco Benedicto Pacifico Juan Maria Ramirez
clown speaks agian...
don't take him serious dudes...he is only clown who has OBSESSION for showiness
no doubt brother.
http://www.obsessionthemovie.com/
It's time to take a stand.
now i'm really scared...the iranians are upset...
as we know, crude is denominated in US dollars. Iran certainly uses every means possible to avoid using US Dollars in their transactions, but its not easy. Therefore, the ongoing de-valuation hits Iran hard.
Once again we are seeing the Imperialism of Bernanke's plan. Remember, in his mind, he has no choice. Will Congress and the Admin step-up? No. He's the only game in town and his tools are the Fed's balance sheet and the ability to use other monetary tricks to move markets.
This gets back to posts by Tyler with respect to whether Bernanke's policy was responsible for food riots and other destabilizing acts in NA/ME. The answer is YES! The sinking US Dollar and all the liquidity dumps are having a huge negative impact. Iran, Syria and other Arab States are in trouble. Is that a problem?
There is definate pain in the US as well. But Ben's bet is that we can take it. Other emerging economies cannot.
Obama and his Admin. had better wake up and realize as long as US growth languishes, the Fed will not stop. The new caricature for Bernanke should be "The Terminator."
I think banzai's depiction of him as "Major Bong", as well as Fiat Al Harakiri, fits quite well.
http://www.nytimes.com/2011/05/10/opinion/10weisbrot.html?_r=1&hp
A decent article for a change on the NYT and why Greece should leave the Euro.
And if we put the " CRAZY" Ahmadinejad in a room on one side and the "GENIUS" Bernanke on the other and asked countries like Russia, China, Venezuela, Brazil, Iraq, Libya and the other top oil producing Nations to pick a side, I think Bernanke would be very lonely. Just remember that most of the wars in the past few decades have been motivated by oil and the petro-dollar. Now that these other countries are starting to move away from the dollar, you can pretty much kiss the Bernanke's plan goodbye. And when the dollar collapses we will be left with a mound of debt and worthless fiat to pay it back with. Not to mention an economy thats growth relies on debt, service, consumer spending, and more debt .... not production...
Certainly the US military has enough ammo left to level another civilization.
Let's see if we can defeat the Afghani goatherders first (before our economy collapses).
but not enough fuel
to deliver it...
plus needing to pay for shit with real value, not the counterfiet green confetti that made the US so strong over the years
Iran's biggest weapon of mass destruction will be its proof that Bin laden died long ago.
All Ahmadinejad needs is a PhD from Princeton to be taken seriously.
The jokes write themselves. Jinn and the dollar. The dollar coming from "unknown worlds" and "black magic."
Perhaps this opens the door to a lawsuit against the Fed for practicing black magic and materializing dollars from alternate universes by invoking pentagrams and seven widdershims circuits around Ben's office.
Ben, Chris Dood, and Barney Frank singing a chorus of: "I'm a genie in a bottle, you gotta rub me the right way." OK. That goes too far. Don't need that image in my head.
MSM headline:
"Ahmadinejad accuses The Bernak of Sorcery"
There, now we can all dismiss the nutjob.
How dare this terrorist criticize our dollar.
Only we can do that.
War. Now.
War is such a strong term - perhaps POLICE ACTION or WAIT FOR IT...NATO or UN Coalition...nice, huh....What do YOU mean its been done before?! - I mean Hollywood BREEDS sequels - I am developing a franchise here baby....
Dollar printing is all part of the US plan to increase its hegemony over a greater portion of the world. Once it has encircled Russia and China it can get those two to bow to its pressure then the world government/world currency can commence. The dollar is very useful until that point so I can't see its obliteration until the world play is complete. It does mean it may get a lot weaker but, again, exporting inflation to weaken foreign countries is the agenda.
Monedas hopes they are looking out for us with some kind of intelligent plan.....but doubts it ! The only intelligent plan is freedom and that doesn't seem to be part of their plan ! If they could at least set aside 1% of the new fiat to add to a "National Hoard" I would feel more comfortable that they won't be coming for our PMs so fast ! If I had a nice "counterfiat" business going....I would set aside a substantial part to buy PMs !
No it's the printing for the fraudulent debt, that is destroying the world economy. But hell our 1st grade math stars aren't any better than their 1st grade math stars so how could I expect them to understand it when most of ours can't.
And the Fiat/PM meme rolls on.
Deutsche Bank Sees Gold Surging as High as $2,000 as Soros Pares His Bets"“I’m bullish on gold despite its current levels,” Hal Lehr, Deutsche Bank’s managing director for cross-commodity trading, said in an interview in Buenos Aires. “It could reach $2,000 an ounce in the next eight months.”"
http://www.bloomberg.com/news/2011-05-10/deutsche-bank-sees-gold-rising-...
China noticed that capitalism was corporate colonialism. They noticed the game western central bankers play of controlling nations with debt. They beat the us at our own game. Sun Tsu would be proud. I would not be surprised if all the fraud since 2008 has been cover for the exit of Asia from dollar denominated assets. This money was cheap and smeared all over the World by oil, the military, and corporate colonialism. People are tired of taking it.
Wal-Mart and other big box bullshit shops pump money out of towns to build more wal marts in other small towns and prop up a stock price with borrowed growth. They cannibalize the local natural economy. What the "Category Killers" did is corporate colonialism.
It works like a charm because older folks and the media infused can't tell the difference between the kind of small business that recycles money within a community and mass market corporate colonialism that drains money out of a community to build clones of itself in faraway lands with the sole goal of keeping a stock price from falling.
Communities all across this country, and in other countries, have been sacrificed to the all encompassing consumptive embrace of big corporate imported crap. Low prices always. Cheaper at all cost. More more more. Vast concentration camps for captive commerce devised by huge impersonal international corporations take millions and millions out of small towns in stores where none of the employees can buy a house, save for retirement, afford medicine, or send a kid to college. Concentration camps where occupationally imprisoned employees die slowly, their misery buried beneath shame, keeping their health problems secret, declining over priced health insurance for need of food money. These are places that suck money out of a community, swell the welfare ranks, create spirals of accelerating poverty, and destroy the lives of the small business people who are invested in the history and legacy of a community. Somehow this bad change is seen as new and thus good.
The demon monster of corporate colonialism harvests the heath and wealth of its own like the snake eating its own tail. The corporate debt model is not sustainable. This debt colonialism is all ponzied.
The current US situation is not unique to history. We are a dead empire. The twist is that our empire was corporate colonialism instead of the sovereign colonialism of history. Globalism and free trade were the cover story for corporate colonialism. Credit vending corporate colonialists are now overextended and trying to extract all they can from their colonies. The colonized are rejecting the colonists because they are already full up on credit.
How long before a debtor societies and nations refuse to play by rules that no longer exist all the way to the highest levels of government? Bankers steal, they gamble, they pay bonuses today with money borrowed against future tax dollars of unborn grandchildren. They renege on their debts and bad bets with impunity. Total Ethical Failure of US financial institutions and regulators should be expected to produce blowback. The average TV viewer is slowly beginning to conceive that bankers have captured the government and that their game tokens are everywhere.
Billion dollar companies continue to grow worldwide by consuming local economies. This breed of corporate colonialism thrives on debt, capital intensive technological advances and ubiquitous instantaneous cheap communication. These advances created spectacular advantages allowing mega corporations to monetize the shaved human element of local societies with no liability. Look at what BP and TEPCO took from the environment with no executive ever losing anything.
I can see how people would get pissed about amoral corporate rapists getting money for nothing.
Islamo Commi propaganda
No, simply an elegy for Main Street.
The Fed, by a process of inflation, is engaged in a continuous erosion of the currency while building up the nation’s indebtedness. By debauching the currency, the Fed is following Lenin’s recipe for the destruction of America’s capitalistic system by confiscating, unobserved, the wealth of her citizens.
America must remove herself from the shackles of this centralized government parasite, says Scott Lazarowitz, if she is “to return to a civilization of economic solvency and human progress.”
She must decentralize the country, he says, and return to state sovereignty and independence.
Writes Lazarowitz on LewRockwell.com today:
“It is because of the Fed’s monopoly on our compulsory medium of exchange that has enabled the growing military-industrial-complex to expand its parasitic grasp on the fruits of the American producers’ labor. And, like the banking industry, the military-industrial-complex needs its welfare check ended.
“Compulsory federal legal tender laws, compulsory central bank power and control, fraudulent fractional reserve banking and tax-funded bailouts are all based on government-expropriation of private wealth via back-door schemes and thus create moral hazards, as well as ultimately lead to the impoverishment of the masses. Therefore, the American people must decentralize monetarily and remove the federal government’s monopoly in money production and distribution – the Federal Reserve System – and allow for free, unrestricted banking under the rule of law, and allow competing currencies and money backed by something of actual value such as gold and silver.”
Adds Lazarowitz, “Now, as if the Federal Reserve were not bad enough, there have been calls for a centralized, global currency and global central bank.”
But it looks as if the rest of the world is finally catching on and just saying, No.
http://www.lewrockwell.com/
I am not surprised at all. Jaws have done this in the history, again and again. Same trick and same rules. What happens next is no surprise either and that happened every time. This time I will watch it with my own eyes.
http://www.simpletoremember.com/articles/a/HistoryJewishPersecution/
Would 'oppressed nations' include the U.S. Taxpayer?
M
I hope that in the future, my support of Ron Paul will be seen as evidence that I am a man of good will, and that I was not complicit in all these murders, and thefts. Maybe it's a good thing that political donations are public record.
oh yeah almost forgot SILVER BITCHEZ
Ahmedinejad/Paul 2012
They can run on a platform of non American interventionism and a gold standard. You'll get the leftwing commies and the rightwing nutjobs all together at once. Then Obama will seem centrist again.
Hey, even OBL had a 500 euro note on him because he knew the dollar was worthless.
Anyone can claim to be William Shatner ! Only I admit to being Monedas ! Just got Season 4, Vol. 2 of The Fugitive ! William Shatner was in some of those episodes ? Ciao 4 Niao !
Ahmadinejad knows he will be fired pretty soon - and where to go next? Obviously he can go for a nice media job running his own hour on cable. If it works for Spitzer it can work for him. Watch him try to beef up his cable credentials over the coming weeks.
What the little Hitler doesn't care to see is that every central bank in the world, including Iran's issues air-backed money and steals from its own citizens via dilution and credit expansion. He should not blame the US for the co-inflation that all the major central banks are more than happy to engage in. As long as they each print money at roughly the same rate, the FX cross stays roughly the same and nobody is the wiser, that is except when the price of real things like oil and wheat skyrocket up in nominal terms. Then governments can blame "speculators".
The iranians have a saying. People to people. They know the layer of government versus people. They know people to people can take care of things. They know to ignore government unless it just gets to be too much hassle.
And Hoarders are the worst kind of selfish speculators.....and I'm proud to be one ! While my PMs are in a hole in the ground.....I'm not bidding up prices ! Even when I'm selfish I'm altruistic !
More and more of these countries will speak out against the dollar IMHO, China will
become the biggest supplier of arms to them, and offer promises of financial aid
(not in dollars), as long as the Chinese get the resources they are looking for.
We are fucked as we can't afford it any more.
Stack 'em high
The only sensible statement that has come out of Iran in the last 25 years.
Ahmadinejad.. eerrr.... Trump for President (they're both the same - nuts).
Perhaps they should demand gold for their oil instead.
Love or hate him, the Iranian president is a smart man.
Yeah honey..he is wise same as you
idiot
he has a PhD. Better than our president who is too much of a wimp to open the books on his college transcripts.
Just because I said he was smart doesn't mean I agree with everything he says. I do agree with him on this though.
If he has a phd he has soft hands and a soft belly ...so he must have a hard heart...as for the rest...the best part... its a state secret!
yeah phd...fake phd that their own university gave to him
and FYI i live in iran ...i am iranian and know him more accurately than you...so plz don't disrespect me and other nobel iranian with saying he is smart....he and his fucking moslem extreimist friends ruind my country.
and plz for god sake don't nagging ...you have freedom that you don't know its value... instead of nagging about it and admiring terrorists such ahmadinejad it is better to act to preserve it from bankesters and casino gamblers...we are far behind you to reach such freedom and we know how it is valuable.
I never claimed to be an expert on Iranian politics. I posted nothing but facts above- Ahmadinejad has a PhD (regardless of its merit) and also that Obama has failed to produce transcripts of his college records (and has gone to great lengths to concel them).
I support the people of Iran in their quest to overthrow the islamic regime and garner more freedoms.
Love the anger though
"i am iranian...he (iamaJinnJinhad) and his moslem exremist friends ruind me country"
No you did- When you marched in the streets in 1979 and demanded (and got- dumbass) the Ayatollah. You asked for it: You got it. Now what's the problem?
"bla bla casino gamblers and banksters"
FYI Iranians don't say "Moslem extremists" and they don't give a crap about gamblers or banksters. You have an agenda.
yeah...but FYI neither all of iranian are moslem nor vote for islamic government...so first research more accurately and then comment about it.
.
Wow.......amazing he can see what our pinhead economists can't.
I thought Obama used to be an anti-colonialist too........I guess that was before he became Leading Sock Puppet of the free world.
Did y'all see the size of that "flation" ?
Gawd...is he yapping - again?
Does he ever shut up long enough to get any work done?
What else is new?
@ legal eagle: iran is a moslem nation. you need to understand the difference. they have a history, culture, and literature, too! saddam pushed the difference and we get it in the MSM, too, and, for much political purpose, where shiites are minority, they don't do well.
they do make the pilgrimage, though. don't they?
china will pay them handsomely for this, i wld imagine.
the ayatolla did some serious damage to the US from there, getting the shah out, and holding the embassy hostages, while jimmy carter lost to reagan.
the message seems to upset you. you don't expect to hear this from london, tel aviv , brussels, or tokyo, do you?
it's almost like ahm_jad were on zH.
fight club.
Amashootawad...pot meet kettle
http://www.reuters.com/article/2011/04/02/businesspro-us-iran-currency-redenomiati-idUSTRE73112P20110402?WT.tsrc=Social%20Media&WT.z_smid=twtr-reuters_%20com&WT.z_smid_dest=Twitter
Short oil, Long Dollar Index, Short Euro, Short Yen, Long Gold...Gotta mix it up and down... I can't help but think that commodity bulls are going to get tested despite the obviously bullish fundamentals.
Somehow the elitards are going to figure out a way to use this as a label for all those who oppose current monetary/economic policy as a terrorist or axis of evil.
32 Trillion eh? Hmmmm...that is a lt of hot money sloshing around the markets. Half the wworlds GDP. Can we say that this is the ranting of a mad dictator if what he says is true? Ten to fifteen years ago I saw theh writing on the wall as debts mounted in the western world. I saw no attempt what so ever to control it. I watched as greed continued to spiral the society downward and I wondered, "what will happen some day when you take the toys away from the spoiled child?" Well now we know. Every attempt will be made to keep the toys even if it means the rest of the world suffers. We can get out of this by sharing information, working together and giving more. It may mean a sacrafice of certain life styles to make the world a better place but it can be done. I wonder how many will do it?
I'm willing to sacrifice the lifestyles of the nomenklatura, and I am in favor of human sacrifice for all paid trolls (not you marcus, assuming you are a true Aquarian, work together, save the world dreamer) ... and the wooooorld will live as one!
Hey! Get your hand out of my pocket!
Who would have thought The Onion reality of our centrally planned times would get to a point where Iran speaks more truth than our own politicians...
LOL! Good one, it is no wonder shows like "the daily show" with jon stewart have taken the place of normal news.
Now if only he could speak about erasing the Fed from the pages of history.
Not too far from the actual quote (which has subequently of course been horribly misquoted).
If he too had a doctored birth certificate from Hawaii, I wonder whether he could run for US President.
The issue "another facet" they had to subsidize food in Egypt as we remember for some years until they imploded. Cut's in jobs in South Dakota and Michigan just happened for USDA employees. The report I heard conveyed they are on there own now since exports are suspect given severe headwinds as we think about paper issue's we read. I have no reality other than what we cannot do so far this spring if you pay attention. Please regard this as a latency reality so prepare now please.
Drought conditions may persist through mid-May in wheat- growing areas from China, the world’s largest grower and consumer, to the U.S. and western Europe, hurting crops and lifting prices, British Weather Services said May 5. The International Grains Council last month cut its outlook on global wheat production in the 2011-12 season by 1 million tons to 672 million tons, matching global demand, because of “less than ideal conditions for some crops” in the U.S., the European Union and China.
If some are wise you would pull up your pants and get to the old folks on the farm so you can learn a few things. I do not like Iran's politics either but when they awake they will realize who and what the intent is of there blinded neighbor's.