Geithner At CFR On Dollar, Oil: "Under My Watch U.S. Will NEVER Pursue A Weak Dollar Policy" (Video)

Sometimes things work out so perfectly, there is absolutely no need to comment.

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Video - Council on Foreign Relations, Tim Geithner on U.S. fiscal crunch, rising food and oil prices, and weakness of the U.S. dollar - April 27, 2011

Comments

[DailyBail]

Petraeus to CIA Completes Cheney’s Dream, Consolidates Intelligence Within Pentagon

http://my.firedoglake.com/jimwhite/2011/04/28/petraeus-to-cia-completes-cheneys-dream-consolidates-intelligence-within-pentagon/

[DailyBail]

The Dog That Didn’t Bark

http://www.nysun.com/editorials/the-dog-that-didnt-bark/87324/

[john]

The Anatomy of a Viable Candidate

http://www.boilingfrogspost.com/2011/04/27/the-anatomy-of-a-viable-candidate/#more-3447

[john]

FLASHBACK: (Last November)......

Obama Sidesteps Question About Whether The Fed Is Intentionally Devaluing The Dollar

http://www.huffingtonpost.com/2010/11/08/obama-sidesteps-question-_n_780197.html

[snip]

NEW DELHI — President Barack Obama has sidestepped a question of whether the Federal Reserve may have weakened the value of the dollar by purchasing $600 billion worth of government bonds to aid the economy.

Obama noted at a news conference in New Delhi that the Fed "doesn't take orders from the White House," saying it would be inappropriate for him to comment directly on the action. The move last week aimed at making loans cheaper and getting consumers to spend more.

Note: look at the chart in november....

http://quotes.ino.com/chart/index.html?s=NYBOT_DX&t=&a=&w=&v=d12

[john]

As First Suggested By Zero Hedge In 2009, Massive CDS Price Manipulation Scandal Erupts, Everyone Implicated

http://www.zerohedge.com/article/first-suggested-zero-hedge-2009-massive-cds-price-manipulation-scanadal-erupts-everyone-impl

[john]

U.S. plans to exempt forex swaps from new rules

http://www.reuters.com/article/2011/04/29/us-financial-regulation-swaps-idUSTRE73Q4AD20110429

[snip]

(Reuters) - In a big win for business, the Treasury proposed on Friday to exempt commonly used foreign exchange swaps and forwards from the most onerous new rules for the derivatives market.


Analysis: Is the dollar decline more dangerous than it seems?

http://www.reuters.com/article/2011/04/29/us-markets-forex-dollar-idUSTRE73S6RM20110429

[snip]

The dollar has shed some 8 percent against major currencies this year, and if the decline quickens, it could provoke protectionism from America's trade partners, worsen inflation at home and spark a general loss of confidence in U.S. assets.

That would all make it much more difficult to finance the country's huge deficits, and could threaten to send the U.S. economy into another recession.

[john]

MUST READ!

Geithner Nixed Dodd-Frank

http://www.zerohedge.com/article/geithner-nixed-dodd-frank

[john]

Plummeting US Dollar: The Age of America is Over
by Dr. Paul Craig Roberts

http://www.globalresearch.ca/index.php?context=va&aid=24551