Monday, October 12, 2009

The Dollar is Done

It's what the blogs have been screaming about, as have I.

See:
The Dollar is Dying

What is amazing is how deceptive and couched the MSM terminology is to describe this effect, confirming that this is being done ON PURPOSE as a PLANNED THING.

One day you are going to wake up and your money is going to be worthless. You can already see it in the price rises around you, American, and I will offer brief comments to explain further.


"US exports rise more than expected" by Shobhana Chandra, Bloomberg News | October 10, 2009

NEW YORK - The US trade deficit unexpectedly narrowed in August as exports climbed to the highest level of the year and oil imports plunged. The gap fell 3.6 percent to $30.7 billion from a revised $31.9 billion in July, the Commerce Department said yesterday in Washington....

Oh, the GOVERNMENT SAID, huh?

"New Jobless Claims Fall to 521,000, Lowest Since January The Labor Department says first-time claims for unemployment insurance dropped last week to a seasonally adjusted 521,000, from the previous week's upwardly revised total of 554,000.

"Read that carefully. This week's totals are a drop because they revised last week's numbers UPWARD!" -- Wake the Flock Up

Related: U.S. Government Lied About Economy

Commerce Department Lies About Economy

Government Continuously Lying About Economy

Grain of salt, please.

After a while you stop listening to a liar, don't you?

You hear them talking and you don't believe a word they are saying.

We call them BULLSHITTERS here in AmeriKa!

More than $2 trillion in government stimulus programs are reviving demand from Asia to Europe, ensuring that US factories benefit from growing sales overseas as the dollar weakens.

Readers, I don't want to go find all the links that will prove these perpetual liars wrong. I'm tired and every damn sentence you read in the newspaper is full of distortions or lies.

Related: IBM Moves 5,000 U.S. Jobs to India

China's Manufacturing Jobs Surged As American Jobs Disappeared

GM Gives America the Tail Pipe

UAW Honks Horn at GM

Green Jobs Going Global

Outsourcing U.S. Jobs to India is Funny

Pakistan Calling In American Debts

The Last Job You Will Ever Have

And they insult you, too, American, in the way only an agenda-pushing, exclusively elitist, Zionist AmeriKan news publication can. Expect those calls to increase big time as you reach into your pocket for worthless paper. Or will you have a NAU Amero in there soon?

Production gains and the need to replenish depleted inventories mean imports will probably also grow, preventing the deficit from narrowing further. “Exports continue to hold up pretty well, as a recovery is occurring in many parts of the world, especially in Asia,’’ said Jay Bryson, global economist at Wells Fargo Securities LLC in Charlotte, N.C. “The weakness of the dollar will improve the competitiveness of our products,’’ he said, and “imports will reflect the stabilization in the US.’’

So the CONCEAL THIS AGENDA PRESS is saying YOUR DOLLAR'S PURCHASING POWER being less is a GOOD THING, already-strapped consumer and citizen.

PLEASE REMEMBER THAT, as it will be CONFIRMED AGAIN and AGAIN even in the press' twisted pieces of....

The trade gap was projected to widen to $33 billion from an initially reported $32 billion in July....

WASN'T THAT POINT MADE ABOVE?

LIARS!!!!!!!!

The dollar held earlier gains following the report, propelled by comments yesterday from Ben S. Bernanke, chairman of the Federal Reserve, that the central bank is ready to raise interest rates once the economy improves.... The dollar fell yesterday to its lowest level since August 2008 against the currencies of six major US trading partners.

WTF? First they say it gained, and in the next sentence they say it fell!!

Can you say the words AGENDA-PUSHING LIARS, folks?

A weaker dollar is likely to stimulate foreign demand in coming months as US-made goods become cheaper overseas.

And BY EXTENSION, IMPORTS and other things become MORE EXPENSIVE because YOUR DOLLAR is WORTH LESS!!!

Manufacturing expanded over the last two months, the first back-to-back gain since before the recession began in December 2007, according to the Institute for Supply Management....

Okay, they concealed the beginning of the depression for 10 months and are lying about the manufacturing numbers, too! Why should anyone believe a compulsive and pathological liars like the paper and agenda-pushing "institutes?"

Related: From Recession to Depression

MSM Talking Down Economic Recovery

Don't say we didn't warn you, 'murka. Are you even listening (answer: no, readers, they are not)?

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Oh, yeah, when the thing craps the covers, the MSM is going to BLAME YOU!!!!

Related: Consumers Cutting Debt Killed Recovery

Out-of-Work Americans Killed Economic Recovery

Slow Saturday Special: U.S. Consumers Killed Economic Recovery

And then they will steal a little more.

"Central banks snubbing dollar, favoring euro and yen" by Bloomberg News | October 12, 2009

NEW YORK - Central banks flush with record reserves are increasingly snubbing dollars in favor of euros and yen, further pressuring the greenback after its biggest two-quarter rout in almost two decades....

World leaders are acting on threats to dump the dollar, while the Obama administration shows a willingness to tolerate a weaker currency in an effort to boost exports and the US economy, as long as it doesn’t drive away creditors.

Okay, you SEE WHO he is REPRESENTING in Washington and YOU SEE that this is a PLANNED THING!!!

OBAMA SUPPORTS the DESTRUCTION of the DOLLAR as a TRUE GLOBALIST AGENDA-PUSHING TOOL WOULD!


The diversification signals the currency won’t rebound anytime soon....

“Global central banks are getting more serious about diversification, whereas in the past they used to just talk about it,’’ said Steven Englander, chief US currency strategist at Barclays. “It looks like they are really backing away from the dollar.’’

Now most Amurkns I know would read or hear this and say "so what?" They don't mind complaining about prices, but try to educate and they look at you with the blankest stare before ignoring you as they turn back to the game.

Well, here's what, stoo-pid stank-s***s:


America’s currency has been under siege as the Treasury sells a record amount of debt to finance a budget deficit of $1.4 trillion in fiscal 2009.

Oh, so ALL the BORROWING and ALL the "stimulus" is DESTROYING the CURRENCY just as RON PAUL and others said it would. If you FLOOD the MARKET with ANYTHING the VALUE GOES DOWN!!

Time to END the FED because of this (basically) CRIMINAL LOAN-SHARKING OPERATION with the TAXPAYER ALWAYS TAKING the HIT


Foreign companies are starting to say their economies are being hurt by the weak dollar. The economies of Japan and Europe depend on exports that get more expensive whenever the greenback slumps.

So it is NOT YOU, that they CARE ABOUT, AmeriKa! They CARE ABOUT FOREIGN COMPANIES and the EXPORTS you s***-eating slaves can build.


That LAST PART about EXPORTS BEING MORE EXPENSIVE means it COSTS YOU MORE for FOREIGN IMPORTS because YOUR DOLLAR is WEAKER and soon WORTHLESS!

All GOVERNMENT and GLOBALIST POLICY (from the man of change?)!!!

Where is the LEFT in AmeriKa?

We NEED YOUR HELP!!!!!!


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Update:

"Jump in crude oil prices helps lift stock market" by Sara Lepro, AP Business Writer | October 12, 2009

NEW YORK -- A weaker dollar drove oil and other commodities higher, giving energy, material and industrial stocks a lift....

A flurry of earnings reports, including ones from the nation's largest banks, will occupy the market's attention the rest of this week. JPMorgan Chase & Co. reports on Wednesday, followed by Goldman Sachs Group Inc., Citigroup Inc. and Bank of America Corp.....

Earnings season got off to a good start last week when aluminum maker Alcoa Inc. reported a surprise profit....

Hurting to post this.

The dollar mostly fell against other major currencies, helping to drive commodity prices higher. A weak dollar makes commodities more attractive to foreign investors....

You know, as if the DESTRUCTION of YOUR ECONOMY is a GOOD THING, American. You like how Zimbabwe is doing right now? Is that why it hasn't made the news in months, MSM?

Then one day we will wake up (like on 9/11) and the HEADLINES will be SCREAMING: DOLLAR DROPS to NEAR WORTHLESS LEVELS; CRISIS on Wall Street and in Washington -- as if it was all some great, big, unforeseen surprise, not a PLANNED THING that we KNOW has been PLANNED by these rotten globalists they for whom they shill.

Oil prices have risen about 11 percent over the past two weeks, despite evidence that energy supplies remain high.

Translation: YOUR MONEY is WORTH LESS, America!!!

In addition to the weak dollar, cooler than normal temperatures across the U.S. helped contribute to higher prices on Monday.

Yeah, and I SEE NO SUCH THING in my global-fart-misting, agenda-pushing, Boston Globe on the SNOW in the Midwest or the COLD HERE! Been BELOW AVERAGE ALL YEAR, and there seems to be NO CHANGE!!!

The dollar has fallen steadily over the past few months, as investors, more upbeat on the economy, take money out of traditional safe-haven assets and put it to work in stocks....

That does it; that's such a lie, I.... I.... pfft! \

Better-than-expected first-quarter results from banks set off the stock market's rally seven months ago, and even stronger second-quarter results helped fortify the rally in July....

So the BANKS are DOING GREAT!!

Can I HAVE MY TAX MONEY BACK PLEASE!!!!!!??????

Analysts say companies' earnings reports will determine where the market heads next. If results exceed expectations and show companies are making money through sales and not just cost cutting, stocks could continue their push higher.

Yup, they are BACK TO THEIR SAME OLD TRICKS and ONLY YOU GOT SOAKED, taxpayers -- and you WILL AGAIN REAL SOON, all of you, America!

The U.S. of A. under the man of change, Barack Obama, is going to have to START ANOTHER WAR SOON so the MSM can DISTRACT YOU from the DESTRUCTION of YOUR ECONOMY and truly, America, your WAY of LIFE as you hand I have known it!

Still....

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Yeah, it's ALL a GOOD THING unless you are a STRUGGLING AMERICAN!

I hope the PAPER SHUTS DOWN, readers.

WHO NEEDS the BOSTON GLOBE ANYMORE? I SURE DON'T! It is NOT DOING ME ANY GOOD AT ALL, just COSTING ME that WEAKENED DOLLAR (whoich means WEAKER PROFITS, 'er, GREATER LOSSES, doesn't it, you agenda-pushing piece of lying s***?!!!