Emergency fed loans went to Foreign Banks

The real question is how did we get this information from the secretive institution?

Libya-Owned Bank Got 73 Loans From Fed Discount Window After Lehman Fell - Bloomberg: www.bloomberg.com/news/2011-03-31/libya-owned-arab....html
http://chum.ly/n/7dfd80

Obama Admin strikes deal with House of Saud

If we can't trust our federal government to manage our own border, why do we trust them to manage multiple other governments/countries around the world?

Asia Times Online :: Middle East News, Iraq, Iran current affairs: www.atimes.com/atimes/Middle_East/MD02Ak01.html
http://chum.ly/n/7dfd7f

A Diss-honest Defense of the Dollar

Even the Wall Street Journal has noticed this case.

Seth Lipsky: When private money becomes a felony offense | Gold Anti-Trust Action Committee: www.gata.org/node/9765
http://chum.ly/n/7de6f5

Once a Nation of Makers, now a Nation of Takers

America established its world dominance post WWII by leading in wealth creation. We exported things that worked to the world, trading honest goods. Since the 70's we have been, instead, riding our reputation down, harvesting the worlds resources through our exclusive position as the issuer of the world reserve currency. How would we do now, if we had to give as much as we take in trade? And what if Hellicopter Ben & Co. interrupt commerce by causing a dollar rout? Could we survive long without imported oil?

Stephen Moore: We've Become a Nation of Takers, Not Makers - WSJ.com: online.wsj.com/article/SB1000142405274870405020457....html
http://chum.ly/n/7de6db

France is really one of the PIIGS

While the PIIGS do all the squealing in the blood splashed headlines, much bigger countries are in real trouble. Our own budget deficit matches Spain's. With our public sector spending around 44% of GDP any cuts to it will shrink GDP, necessitating more cuts, creating a downward slide in GDP. The willingness of our trading partners to finance all of this foolishness is disappearing, and our politicians show no tendency to make the dramatic cuts necessary, so the only option left is to ride our currency into the ground through Quantitative Easing (digital money printing).

France’s Finances Are ‘No Better’ Than Spain’s, O'Neill Says - Bloomberg: www.bloomberg.com/news/2011-03-31/france-s-finance....html
http://chum.ly/n/7d9c82

Price inflation shows up

It looks like we will see price inflation in life's necessities, even as wages stagnate and unemployment remains high. One of the implications of higher official inflation numbers is higher interest rates. One of the implications of higher interest rates in overwhelming interest costs for the US government, leading to officially recognized insolvency.

Wal-Mart CEO Bill Simon expects inflation - www.usatoday.com: www.usatoday.com/money/industries/retail/2011-03-3...N.htm
http://chum.ly/n/7d9c5f

Out Greeking the Greeks

Bill Gross, steward of the world's largest bond fund tells the truth on US debt.

Gross Echoes Buffett Saying Treasuries Have ‘Little Value’ on Debt, Dollar - Bloomberg: www.bloomberg.com/news/2011-03-31/gross-echoes-buf....html
http://chum.ly/n/7d9c5e