Intended or not, the Fed’s destruction of the dollar’s value has pushed prices of commodities that Americans need — such as instance food, cotton and oil — higher.
In recent weeks, the explanation for the financial and economic crisis that has gripped the world economy has shifted sharply from deregulation and lack of governmental oversight of financial institutions to fraud and criminal activity. In truth, the U.S. Federal Bureau of Investigation began to warn of an “epidemic” of mortgage fraud back in 2004, and my colleague Bill Black has been pointing to the role played by fraud since the crisis began.
The world’s leading countries should agree a new currency pact to help rebalance the global economy, a leading association of financial institutions has urged.
The Institute of International Finance, which represents more than 420 of the world’s leading banks and finance houses, warned on Monday that a lack of such co-ordinated rebalancing could lead to more protectionism. Charles Dallara, IIF managing director, said: “A core group of the world’s leading economies need to come together and hammer out an understanding.”
Looks like the warmers are running scared. Now in one of the many attempts to diffuse the climategate scandal in which a number of emails and documents showing manipulation of data, exclusion of unfavorable data, and the systematic suppression of opposing research, the warmers are reaching deep into the excuse barrel and dredging up a bogey man upon which to focus attention. The warmers are now claiming that a spy agency of some dark and mysterious foreign nation is responsible. The reason – to destabilize the Copenhagen summit. Come now boys and girls, put the tin-foil hats away and face facts. What the warmers don’t want to address is the fact that data was manipulated and destroyed, temperature measurement stations were compromised, legitimate research was suppressed when it wasn’t favorable to the political agenda, scientific research standards were ignored, and the peer review process was nothing more than a bunch of chicken little bureaucrats quoting conjecture and obscure anecdotal comments from non-scientists.
The warmers want to claim that one bad scientist doesn’t spoil the whole bunch and to some degree they are right. But, it certainly does call for a complete investigation and reanalysis of the situation before we charge headlong into a destructive global agreement to ruin our economy and way of life. Where there’s smoke there’s also fire and in this case the outcome is so serious that it demands consideration of the facts. We can’t allow chicken little to rule the day when evidence from the past decade indicates that anthropogenic global warming is simply not happening and that any warming we have seen was a natural cyclic occurrence. If the chicken little / warmers expect to control the weather perhaps they are more delusional than we think.
Senator “Don’t Call me Ma’am” Boxer or should that be Senator “I’m heavily invested in businesses that stands to gain from any Cap and Trade legislation” Boxer. Either way, the Senator has once again shown her hideous and corrupt underside by trying to shoot the messenger and ignoring the urgent message. Yes, the stealing of email is criminal and I won’t try to justify that act; however, the more criminal acts are the deceptions taking place about global warming… er… climate change. Boxer, Obama, and a host of others refuse to look at the obvious tampering and manipulation of data to support anthropogenic global warming. When researchers throw away raw data and claim the manipulated or “value added” data is sufficient to prove their research, we have a serious breach in scientific method that any freshman chemistry student knows. Boxer is a danger to the American people and needs to be ejected from office at the earliest possible time. Maybe she’ll be reelected, maybe she won’t. One thing is for sure: the global warming scam is quickly unraveling. Based on my unadjusted opinion, Al “manbearpig” Gore and all his mindless dupes won’t be able to pull it back together again.
Like so many past journalists who have walked the thin line between criminality and reporting, perhaps we owe a little thanks to the hackers who revealed this information. Ultimately, I do think they should be tried and if convicted sentenced to five years of searching for more fraudulent hoaxers and criminal politicians. That would be a real community service!
The United Nations called on Tuesday for a new global reserve currency to end dollar supremacy which has allowed the United States the “privilege” of building a huge trade deficit.
The unrest in Honduras so perfectly fits the pattern of leftist insurrection that even those with little or no knowledge of such plots should be able to recognize it for what it is.
The plot goes something like this:
-A corrupt leader who is somewhat popular becomes power hungry.
-The U.S. and international community see the leader as a useful tool for their own mischief and mayhem.
-Pro-liberty forces within the country oust the corrupt yet well-connected leader.
-The global news outlets report sensationalized (and often fabricated) stories of the horrors the interim government is committing.
-There is an outpouring of support for the deposed corrupt leader by neighboring leftist/socialist/communist national governments and usually the U.S. government as well.
-Leftist/socialist/communist provocateurs are sent in to recruit willing dupes, incite rebellion, and goad police into harsh responses.
-The U.S. and international community bring sanctions to bear on the interim government.
-(New twist for the internet age) Blogs and internet posts by Hondurans revealing the true sentiments of the people are suppressed, with all the blame being placed on the interim government. Internet sources in the U.S. supporting the deposed corrupt leader are given great credibility and support by tax-free foundations and our own government.
-Demands are made to reinstate the former corrupt leader.
-The global news outlets report about supposed huge support (that really doesn’t exist) for the former corrupt leader.
-More leftist/socialist/communist provocateurs and outsiders are brought in to deceive the people into ever more violent rebellion.
-The willing dupes descend into ever more violent protests.
-The interim government, in attempts to restore order, takes harsh measures to quell the leftist incited violent rebellion.
-The U.S. and the international community condemn the interim government.
-The U.N. steps in to facilitate the reinstatement of the corrupt former leader.
-The global news outlets report how wonderful everything is now that order is restored.
It’s a pattern that has been repeated time after time with the assistance in many cases of our own CIA and other covert agencies. It’s been called regime change by our Presidents and nation building by others. The reality is that it is deception.
All this could have been averted by our government simply recognizing the interim government in their legal removal of a corrupt and power hungry leftist.
You can bet that if Hugo Chavez, Fidel Castro, Lula De Silva, and the OAS are supporting Zelaya, there’s something rotten in Honduras.
Good luck to those supporting liberty and the rule of law in Honduras. They’ll need it with the U.S. and the world against them.