Economics 101: was/too long
- From: Sanity <sanity-clause@xxxxxxxxxxxxx>
- Date: Mon, 17 Dec 2007 08:09:14 -0800 (PST)
The "dollar" [the last legal definition of what that is has been
repealed] is in freefall. Big Brother's polit bureau media [NEWS is
an acronym of NortEastWestSouth] says the dollar is the standard for
currency worldwide, but that's a lie. The Romans washed their coins
with gold just before the fall of that empire too.
The big picture, as I see it, is: Some democrat will be declared the
victor of the next presidential election, so the powers that be
(behind the curtian) can have a scapegoat to pin the runnaway
inflation that is comming on, so that the repiglickens can get back to
the business as usual of borrowing "us" out of debt.
1 billion seconds ago it was 1959 (do the math)
1 billion hours ago, legend has it, Jesus walked the Earth (do the
math)
1 billion hours ago it was the stone age (do the math)
$1,000,000,000 ago it was earlier this morning......
"The government that governs least governs best." - Ben Franklin [a
hippy]
Sanity RE
Tom Hougaard wrote:
"The Dow fell out of bed (on Friday) and Asia really took it on the.
chin overnight ..."
- Tom Hougaard, chief market strategist at City Index Markets.
It's Monday morning in Asia and the markets are tanking big time. Can
you guess what the stock market will look like tomorrow?
New York's Dow Jones index tumbled 1.32 percent on Friday in a
volatile session as the price data raised fears of "stagflation" -- a
combination of slower growth and stubborn inflation pressures.
European and Asian shares sank into the red with losses of up to 3.5
percent as investors took their cue from Wall Street's sell-off on
Friday in the wake of unexpectedly strong inflation figures.
Investors took fright following news that US consumer prices jumped
0.8 percent in November. On a 12-month basis, inflation hit 4.3
percent, the highest level since June 2006.http://afp.google.com/article/ALeqM5hHPpInTJzN0VZNB2MnNeYy6jIhkw
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