Monday, October 26, 2009

A Slowly Dying Dollar

I guess that is why the MSM is engaged in so much obfuscating agenda-pushing.

All being done ON PURPOSE like this WHOLE CRISIS, folks. It is a PLANNED THING and the GLOBALISTS APPLAUD IT!

Related:
Peter Schiff issues a Red Alert: "Get out of the US dollar"
The Dollar is Done

But that is a GOOD THING, 'murkn!

Now go back to your bowl of MSM shit.


"Weak dollar could buoy N.E. merchants" by Associated Press | October 19, 2009

Yeah, NEVER MIND that SUPPLIES will COST YOU MORE, businessperson.

BURLINGTON, Vt. - With the US dollar hitting a 14-month low against the Canadian dollar, businesses in northern New England are wondering whether the changing currency values could help stimulate their economy.

Late last week, the US dollar was trading at its lowest level since August 2008, ending Friday at $1.04 Canadian. The demise of the dollar is generating optimism at northern ski resorts, Burlington International Airport, and the region’s retailers, who think it could entice more wintertime vacationers to the United States.

A TRUE MARK of the GLOBALISTS! T hey think this is a GOOD THING for YOU, American -- having OTHER PEOPLE from OTHER COUNTRIES COME HERE to spend THEIR CURRENCY because YOUR DOLLAR is WORTH LESS!!!

The dollar’s plunge, however, is bad news for New Englanders who had plans to travel to Canada or stock up on imported goods.

Yeah, it is BAD NEWS for YOU, American citizen, because YOUR DOLLAR is WORTH LESS; "however," the MSM obviously DOESN'T CARE ABOUT YOU judging by the INSULTING TONE of this piece.


--more--"

And HERE is the EFFECT it has on YOU!

"Heating oil, gas prices on the rise" by Associated Press | October 23, 2009

NEW YORK - Sparked by a cold snap in the Northeast, home heating fuels are getting more expensive even though supplies are well above normal for this time of year....

What, no law of supply and demand?

Readers, the REASON PRICES ARE RISING ALL the TIME is because YOUR DOLLAR is WORTH LESS EVERY DAY!!

Now WATCH the OBFUSCATING MSM dance all around what WE ALREADY KNOW!

And SOMEONE should go TELL the KIDS!

Cold snap, huh (sigh)?

Energy analysts are having a tough time finding fundamental reasons for the recent jump in prices, given the amount of heating oil and natural gas piling up in storage....

Translation: They are having a HARD TIME COMING UP with a GOOD LIE to tell you!!!! And look at that, I AM SMARTER than an ANALYST!!!!!!

Weather forecasters say could be a frigid winter, said Phil Flynn, an analyst with PFGBest.

Then WHY DID MY MSM and GOVERNMENT LIE to ME?!!

Yup, LYING ABOUT the WEATHER of all things!!!!!

Meanwhile, oil prices slipped below $81 a barrel yesterday as a wobbly US dollar gained against other currencies.

Gee, OIL WENT DOWN when the DOLLAR WENT UP, huh?

Then WHY DID YOU LIE TO ME, MSM?!!

--more--"

Can I have that salt shaker, readers? I'm going to need it.

"US home sale prices drop in August" by Bloomberg News | October 23, 2009

Record foreclosures and rising unemployment depressed demand....

Lower mortgage rates and a government tax credit for first-time buyers haven’t been enough to consistently lift home prices as companies cut jobs and banks seize property from delinquent borrowers. Foreclosure filings climbed to a record in the third quarter, according to RealtyTrac Inc.

Related: Who Got the Home Tax Credit?

The Theory of Bankruptcy

But we are IN RECOVERY screams the government and MSM!

“The state of the housing market is going to be dependent on employment,’’ said Jay Brinkmann, chief economist of the Mortgage Bankers Association. Even with lower mortgage rates, US home prices probably will fall 13 percent this year to a median of $172,700, the National Association of Realtors said.

You KNOW WHY, right, DOLLAR-WIELDING American?

--more--"

Of course, SOME ENTITIES are NOT HURTING at ALL!

"Thermo Fisher beats estimates....

Patriot sales give Raytheon a boost....

Related: EMC Moving Out of Massachusetts

EMC’s income is off by 24....

I guess that's why they are leaving:

McDonald’s sounds a cautious note....

McDonald’s Inc., a notable winner from the recession because of its cheap menu items, cautioned that it would post disappointing US sales figures in October. That first hint of weakness from a company that’s managed to thrive as its competitors falter came as it posted a solid 6 percent profit increase. But McDonald’s strong recession performance continued in the third quarter when profit climbed to $1.26 billion....

That reminds me, I need to break for
lunch."

--more--"

And while I am out, why not buy a
new entertainment system I don't need, huh?