China-Russia currency agreement further threatens U.S. dollar

China and Russia have agreed to allow their currencies to trade against each other in spot inter-bank markets.

America on the path to permanent war

From the article:

"It's unnatural and unhealthy for a nation to be engaged in global crusades for some principle or idea while neglecting the needs of its own people," said Sen. J. William Fulbright, then chairman of the Senate Foreign Relations Committee, in 1966 as the Vietnam War escalated.

Keeping Us Sick, Stupid and Broke

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Ron Paul Introduces His New Law Regarding Invasive TSA Screening

Obama White House Hands Out 111 Obamacare Waivers- Hides It on Website

The Lone Star State's Opportunity

Texas HB297 says ALL of Obamacare (not just the mandate) is "invalid in this state; is not recognized by this state; is specifically rejected by this state; and is null and void and of no effect in this state." - first in the country....get this to your state's reps today!

Bullets In The Back: How Boomers & Retirees Will Become Bailout, Stimulus & Currency War Casualties By Daniel R. Amerman, CFA

Here are key quotes from the article:

Currency wars have their victims, much like military wars. What differs is who the victims are and what the casualty rate is. In a military war, the casualties are usually under age 25. Even in a deadly campaign, most soldiers are not victims because they are in support capacities.

The age of the casualties in a currency war is upside down compared to military war, because the worst of the damage is inflicted on those above age 50. Moreover, it is not just a few, but almost everyone who is on the front lines, and thus almost all become a casualty.


Over the course of two years, the private economy - which creates the real wealth in the US - has effectively collapsed, and has not recovered. We're talking about $1.3 trillion of the private-sector economy that has been wiped out and hasn't come back. What has patched this over has been frantic government efforts to create an artificial economy through "stimulus" spending and other means. The depth of the crisis has been temporarily masked through creating an artificial stimulus economy that is funded by the creation of artificial money.

The second key item that needs to be understood is that the United States of America has essentially declared war again – this time against the rest of the world. It is a defensive campaign - and from Asia, to South America to Europe, the world is none too pleased. The fundamental reason for this currency war, as covered in my article "Falling Dollar Means Rapid Consumer Price Inflation" linked below, is that the US private economy can't grow out of its $1.3 trillion hole so long as the US dollar is "strong".

Thus, waging currency war has become a necessary evil now that the US government has (finally) come to the defense of the US economy. To do so, the government must knock down the price of the dollar relative to other currencies. The intent is to stop subsidized foreign goods from flooding the US market, and open the doors for US exports to rebound as well. For more than a decade, US workers have been competing with one hand tied behind their back because of an artificially expensive dollar - and untying that hand is essential for any real recovery.

DC Insiders Indoctrinating OUR Freshmen

belt-way back-room battle brewing

Mike Maloney of GoldSilver.com visited with the one and only Max Keiser in France.

The World Shorts the Dollar by Ron Paul

End of Liberty

John Boehner's "GobGop" Plan to Sell Out the Tea Party in 2013. It Will Begin in January 2011

http://www.garynorth.com/public/7218.cfm