The Illusion of U.S.

Dollar Safety Investors Should Find Better Returns

Abroad Banking and Housing Payments Devoured Middle Class
Income My Budget 360 | 1 out of 10 Americans on food stamps and
how the Fed slowly devalued the dollars in your wallet. Testy
Conflict With Goldman Helped Push A.I.G. to Edge Billions of dollars
were at stake when 21 executives of Goldman Sachs and the
American International Group convened a conference call on Jan. 28,
2008, to try to resolve a rancorous dispute that had been escalating
for months.

The Illusion of U.S. Dollar Safety …There are good reasons to believe that
equities going lower may not empower the USD this month, especially
during the week that the U.S. Treasury goes cap-in-hand to the global
market with another record matching bond sale to raise more cash for the
over-drawn economy to get through another month of red-bill paying. The
January move to buy the dollar was turbocharged by news that Dubai
World was still struggling to revamp its debt obligations, and those long-
USD moves were then boosted by headlines that Greece was in danger of
defaulting on its government debt obligations. With gleeful joy, the media
pounced on the fact that other members of the Euro-zone were also likely
to be in the same situation, with Portugal, Italy/Ireland, Greece and Spain
making up a group-of-four/five that suddenly has the traded market’s
attention drawn to it. In that environment, and with lofty disregard for what
came before, buyers of the USD loaded the long side of their boat and
abandoned any thought process that the economy backing the largest
amount of fiscal deficit the world has ever seen could ever get into a
position that would be worse than that in front of them. Apparently, all is
well with U.S. debt, so long as someone else has debt issues too. USD
Safety a Myth The move to safety of USD-based Treasury debt empowered
the USD in January, but the reality check in regard to the implied NFP
employment situation will now not help back that move. The fickle market’s
attention will now have to be drawn to forward U.S. growth, as the Euro-
zone story grows old, and reality once again sets in. The drop in value by
the euro will have been welcomed by the single currency exporters, and
will now likely have U.S. administration attention drawn towards a USD that
is now verging on expensive in regard to servicing U.S. debt levels. The top
four U.S. states in the Fiscally Challenged Rankings would make the Greek
situation look something akin to a storm in a tea cup. The threat of
downgrades to U.S. debt are generally ignored - after all, the U.S. based
rating agencies know what side their bread is buttered, one would
assume…
Investors Should Find Better Returns Abroad President Obama's State of
the Union message over a week ago only served to reinforce my forecast
that investors will continue to find better returns in markets outside
America and in currencies other than the U.S. dollar. Indeed, the reward
gap may well increase. Nothing in the President's speech indicated
willingness to do the hard work of cutting spending. Rather, he reiterated
his commitment to a costly new healthcare entitlement and more spending
on make-work programs. Only days later, his budget acknowledged that,
even before factoring in the cost of his proposals, the federal government
is unlikely to be in surplus for the foreseeable future. In response, Moody's
has issued a warning that the United States' triple-A credit rating is not
unassailable. In short, the trend set some ten years ago will continue. Since
1999, those who invested in U.S. stocks, as measured by the S&P Index,
have lost about half of their wealth, in real terms.[i] On the other hand,
those who invested abroad, measured by the Morgan Stanley Emerging
Market Index,[ii] [iii] have doubled their investments in real terms. This is
because capitalism is flourishing abroad, while being curtailed
progressively in so-called advanced economies, where the projected
aggregate growth rate for 2010 is now only some 2.5 percent. Somewhat
optimistically, this assumes no double dip recession…

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Infowars.com | In America, circa 2010, the phrase bread and circuses has
become what passes for our national anthem. More Government
Equals Fewer Jobs With today’s unexpected decline in December
payrolls, the cry for more job-related stimulus will grow even louder.
But the sad truth is that any new stimulus or jobs bills will ultimately
swell the ranks of the unemployed, thereby raising calls for an even
bigger federal effort. Not Your Father’s Army

Tea Party Sarah is a Neocon Kurt Nimmo | Sarah Palin is a thinly disguised
Trojan Horse for the neocon Republican party… Are you sure you got
that right? I’d say Trojan Horse for the neocon Democratic party. I
mean, come on! She’s so incredibly, and embarrassingly dumb! She is
the joke that keeps on giving! More importantly, she’s just the type to
press the button if there was anyone so foolish to do so.
 Beginning Of The End: Sarah Palin Hijacks The Tea Party Movement
A.C. Kleinheider | Sarah Palin didn’t give a tea party speech last night.
She gave a partisan Republican address.

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Webster Tarpley On The Draconian Internet Takeover Webster Tarpley

discusses Google’s announcement that it will tighten its relationship
with the NSA and how this is another leap forward in the agenda to
take over and regulate the free Internet under the cover of fighting
foreign cyber spies in China and Russia. Internet Censorship: Major
Truth-Providing Websites Blocked By Asia Netcom To New Zealand
Users Has Chinese-style internet censorship arrived in New Zealand
this year? The question is posed because two major news websites,
Infowars.com and Prisonplanet.com, both of which are run by
documentary maker and radio show host Alex Jones. FBI wants
records kept of Web sites visited The FBI is pressing Internet service
providers to record which Web sites customers visit and retain those
logs for two years, a requirement that law enforcement believes could
help it in investigations of child pornography and other serious
crimes. Actor Hal Sparks Speaks Out In Support of 9/11 Truth Well
known actor Hal Sparks has voiced his doubts on the official
government story regarding the events of 9/11, adding that he
supports the views and actions of the 9/11 Truth movement. The
Government Has Your Baby’s DNA Many parents don’t realize their
baby’s DNA is being stored in a government lab, but sometimes when
they find out, as the Browns did, they take action.

FBI wants records kept of Web sites visited Declan McCullagh | FBI
Director Robert Mueller supports storing Internet users’ “origin and
destination information.” What truth about criminal america do they
know and when did they know it … that’s their main concern … don’t
 ever trust your life to them … you’ll at once be disappointed and sorry
... They’re so paranoid… and criminally incompetent … they’re
america... riiiiight! Here’s some reality from direct observation and
experience (and don’t forget, there have been NO prosecutions in the
multi-trillion dollar securities fraud so arbitrarily but selectively do
they “enforce” the law, ie., Martha Stewart, etc., …)
[http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderp
enaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm ].
america’s just a fraudulent and failed defacto bankrupt nation in every
way.

Russia Today About U.S. Plan to Build a Cyber Security Army Russia
Today | On Thursday, the U.S. House overwhelmingly passed The
Cybersecurity Enhancement Act (H.R. 4061).

The admission by Director of National Intelligence Dennis Blair that the

United States intelligence community is authorized to assassinate
Americans working with terrorists overseas has raised serious
questions of constitutionality. US Steps Up Its Anti-Iran
Propaganda To Sell Missile Shield The US has begun using it’s anti-
Iran propaganda to justify its decision to deploy a missile shield in
Europe. Pentagon draws plans for immortal ’synthetic organisms’
The Pentagon’s advanced research division has set aside $6 million
from its next budget for research on the creation of “synthetic
organisms” whose DNA can be altered to make them live forever, or
die on command, and even keep a genetic record of what they have
been doing.

The Next Absurd Terror Ruse: Muslim Women with Exploding Breasts Kurt
Nimmo | Another calculated foray by the neocons to demonize
Muslims and set the stage for more mass murder and carnage.

U.S. Counterterrorism Officials Insisted that Crotch Bomber Be Let Into

Country Washington’s Blog | Kennedy told the House Committee on
Homeland Security that intelligence agencies blocked revocation of
 Abdulmutallab’s visa because it would have foiled a “larger
investigation” into Al Qaeda. Just when you think you’ve heard it all!
And, what if the bomber had succeeded as he almost did. Riiiiight!
Washington wet dreams come true.

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Handshake not acquiescence to Israeli stance: Prince Turki Editorial:

Undiplomatic talk In their long history of back and forths, rarely has Israel
taken such a swipe at Syria. For the Israeli Foreign Minister Avigdor
Lieberman to comment that Syrian troops would be trounced in any war...

DRUDGEREPORT: MARDIS GRAS IN MIAMI! RFK, Jr. 15 months ago: Global

warming means no snow or cold in DC... ICE AGE: WEST WING
NEARLY BURIED IN SNOW... 'The great global warming collapse'...
CLIMATE SCANDAL PROFESSOR: I THOUGHT OF KILLING MYSELF...

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