Maiden Lane Spins Crap Assets Into Tungsten And Other Fine Reading (Deficit Projection Chart, 12 Stories)

• Recession was deeper than gov't previously thought

• Maiden Lane Spins Crap Assets Into Tungsten

• BUSTED -- Ron Paul was right, Bernanke wrong on SECRET Fed history

• IMF Says U.S. Financial System May Need $76 Billion in Capital

• Citigroup Settlement Shows Low Cost of Lying to Markets

• Rhee dismisses 241 D.C. teachers; union vows to contest firings

• Is US ready to recognize China as world power? 

• China Becomes Second Biggest World Economy

• A Critical Examination of Matt Simmons’ Claims on the Deepwater Spill

• Evil Hank Paulson hits the speaking circuit

• Bernanke attempts to shit GOLD

• Hungary Sued in Holocaust Art Claim

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Comments

[Ken]

US Dollar Will Lose Reserve Currency Status, Harvard's Niall Ferguson Says - By Jason Scott (3/8/10)
Jason Scott
Tuesday, 03 August 2010 10:22

Bloomberg

The US dollar will eventually lose its status as the international reserve currency to the Chinese yuan, perhaps withing five years, Harvard University historian Niall Ferguson said at a presentation in the Diggers and Dealers conference in Kalgoorlie, Western Australia, today. Investors are moving toward a “de facto” gold standard, he said.

[RecoverylessRecovery]

"The US dollar will eventually lose its status as the international reserve currency to the Chinese yuan, perhaps withing five years, Harvard University historian Niall Ferguson said at a presentation in the Diggers and Dealers conference in Kalgoorlie, Western Australia, today. Investors are moving toward a “de facto” gold standard, he said."

The U.S. has ALREADY lost its status as the international reserve currency. It just doesn't know it yet. http://www.reuters.com/article/idUSTRE65S40620100629
It's still to be determined WHICH specific currency (or basket of currencies) will be the NEW replacement however.

[Ken]

If Martial Law, Arizona Will Secede
http://www.thebuzzmedia.com/if-martial-law-arizona-will-secede/

US States Renamed to Countries with Similar GDP
http://www.thebuzzmedia.com/wp-content/uploads/2007/06/us_by_gdp.jpg

How Californians See the Rest of the United States
http://www.thebuzzmedia.com/wp-content/uploads/2008/07/funny-how-californians-see-the-us-states.gif

USA BUST=MILITARY INDUSTRIAL COMPLEX WILL BE OUT OF FAKE MONEY

RIOTS IN USA TIME LINE: NOV 2010-2011

[Ken]

States Seek To Regain Their Sovereign Power From The US Government!
Lawmakers in 20 states are pushing to regain their states sovereignty from the US Government under the ninth and tenth amendments to the US Constitution!

We warned this was coming many months, even years ago, in this very space. Many readers gave me grief saying that I had no idea what I was talking about, that I was blowing smoke, that I was a dumb ole redneck looking to secede from the Union. None of that was, nor is, true. The fact is that I live in the real world where people are not afraid to speak their minds.

Some months (possibly even years) back, I pointed out to readers there was information that indicated there were, at that time, 22 active secessionist movements within the United States. That information was brushed aside. So, we come to today.

Today we have lawmakers, in the state legislatures of at least 20 states, introducing bills to assist their states in re-establishing their constitutional sovereignty from the Federal Government. The federal government has just become entirely too overbearing as strong central governments always do. You might even say… as our current federal government has beco
http://westernfrontamerica.com/2009/02/12/states-seek-regain-sovereign-power-government/?utm_source=Arkayne.com&utm_medium=Plugin&utm_campaign=faultlineusa

[DailyBail]

Miami-area tourist gets dengue fever in Key West

http://www.sun-sentinel.com/health/fl-dengue-fever-miami-0803-20100802,0,5402616.story

[DailyBail]

Illegal immigrant who killed nun in accident was released by feds

http://www.washingtontimes.com/news/2010/aug/2/illegal-immigrant-killed-nun-released-by-feds/?clear_cache_true

[DailyBail]

B'klyn teacher fakes stair fall to avoid review

Read more: http://www.nypost.com/p/news/local/brooklyn/diving_instructor_LuCDC33xLo8e10CiDLGVAL#ixzz0vY1T6G6U

[DailyBail]

Mexican Drug Cartel Allegedly Puts a Price on Arizona Sheriff's Head

http://www.myfoxphoenix.com/dpp/news/immigration/mexican-drug-cartel-sheriff-arpaio-07292010

[DailyBail]

Corporate campaign fundraising picks up speed

http://www.latimes.com/news/nationworld/nation/la-na-politics-money-20100802,0,3132080.story

[DailyBail]

Alan Greenspan is making UK weatherman Michael Fish look like a good forecaster

Alan Greenspan appears to have taken to heart the old adage that "if you can't forecast well, forecast often".

http://www.telegraph.co.uk/finance/comment/jeremy-warner/7923047/Alan-Greenspan-is-making-UK-weatherman-Michael-Fish-look-like-a-good-forecaster.html

[RecoverylessRecovery]

"Mexican Drug Cartel Allegedly Puts a Price on Arizona Sheriff's Head"

They also put a price on Obama's head. Fortunately for him though, they're only offering $3.99.