Ho Ho Ho
News, some unfit for print or comment. There was the Merkel "gaffe" regarding Condi Rice on torture. First reports read Rice admits to US torture and apologizes - quickly subsequent headlines denied it. Merkel is, like Bush, a bumbler of words, a gaffster. The Rice gaffe was not Merkel's first nor to be her last. Of course Rice would never admit to such and anyone reporting otherwise is either using minimum wage interpreters or pulling stories out of dark places on their person.
GW allegedly, in one of his terrible 2-year-old tantrums said "Stop throwing the Constitution in my face," Bush screamed … "It’s just a goddamned piece of paper!" Supposedly in response to an "aide" who said some provisions of the Patriot Act could undermine the Constitution. No more undermining than these stupid stories circulated for those who operate on knee-jerking rather than thought. The report comes from Capitol Hill Blue, a rag consistently keeping us up-to-date on GW's wobbling frame of mind. Constitution thumpers are outraged. Whether true or not doesn't matter. The story fits the Bush the elite want portrayed now, now that his performance, as the Joe Average you'd drink a beer with, is over. (If you asked some of us between 1776 and the 1970s it was just a goddamn piece of paper.)
There is news that Iran will soon trade oil in Euros. Recall that Saddam supposedly was trading oil in Euros and at the time was one of the theories as to why we invaded Iraq. To save the dollar. The idea being we must keep OPEC from pricing oil in Euros instead of US dollars as the dollar would fall and bring great economic woe for the US. It makes little difference if OPEC countries deal in Euros or U$. If oil producing countries wanted fewer dollars they could sell their dollars on the exchange market. But the euro/dollar theory doesn't have to be true, only has to sound logical to Joe Average. As his government handout ends, taxes rise, and his standard of living drops he'll work on the global plantation, and get really pissed because he heard it on the news, those Arabs are not trading in his dollars.
Tookie Williams, founder and former Crips gangster, awaits clemency from Arnold in California. Williams denies the murders. He was prosecuted on what some claim as "shoddy forensics." Nominated 9 times for the Nobel, for literature, peace, etc. Should Stanley "Tookie" receive clemency to life in prison? Probably. My list of injections would have a few in line before him. There's Susan Smith, Andrea Yates, Charles Manson and Family, politicians and officials who lie.
Australia had a major "race riot." Thousands of drunken white youths attacked police and people they believed were Arab immigrants at a Sydney beach on Sunday, angered by reports that youths of Lebanese descent had assaulted two lifeguards. Some 5,000 white youths, wrapped in Australian flags and chanting racist slurs, fought with police, attacked people of Arab appearance and assaulted a pair of paramedics at Cronulla beach in southern Sydney, police said. Police fought back with batons and pepper spray. See, white folks riot too (although usually described as a melee, angry crowd, a disturbance, or youthful mob.)
And Media Matters has listed under Hot Topics Jeff Gannon - Guckert/Suckit whatever, hot between War on Christmas and CIA Leak Investigation. I've no idea why anyone thinks Jeff a hot topic or that it matters.
5 comments:
If you were scottie you would think Jeffie was a hottie either on topic or off. scottie just loves those poses from jeffies web site.
So it's Scott on the gaydar? Never would have guessed it.
silly kate, doncha know that white youth don't riot, they were just raving on the beach ;) ;)
remember it's only black folks who "loot", while white folks "find"...
and this might be one of those abstract moments when I agree with incurious george, America's Constitution is just a goddamned piece of paper, worth no more than ass wipe when the majority of citizens live in slavery, serfdom, or subservience to the masters...
nice monday morning roundup. write on,
amj
"It makes little difference if OPEC countries deal in Euros or U$. If oil producing countries wanted fewer dollars they could sell their dollars on the exchange market."
This is rubbish. If countries buy oil in dollars, they need dollars. The US is the only nation that can print dollars so they have to trade the US something of value in exchange for "oil tokens" it costs the US nothing to make. If they buy oil in Euros, the US gets nuttin.
The major oil buying nations are swimming in dollars, they'll keep buying oil with it. As the dollars move to the sellers they'll buy other currencies, euros, etc. with extra dollars or invest those dollars.
The dollar's value is not determined by what currency oil is sold in but by the desire of investors with capital to invest in dollar dominated investments. If they think the yen or euro will yeild better return they'll put their capital in whatever currency investments are doing well in.
The world has too much invested at the moment in the US dollar to watch it crash. Even if the major players switched to the Euro they'd still have to purchase US dollars for other activities. All the oil producers have their reserves in the US dollar.
The problem is the USA no longer entices massive foreign investment as it once did. We can print all the dollars we want but with nothing backing them their only value is the faith placed in them, faith that the taxpayer slaves will pay up. The euro is likely the next economic power unit, not b/c oil will be priced in euros, but b/c America's capital (and world capital) is flowing elsewhere. And America's wage slaves are declining.
Even if oil is bought in Euros - US partners, drills, refines most of it and gets paid. The Euros could or would be exchanged for US dollars, if the dollar is worth anything. Our wealth once depended on production - most has now been outsourced. We were sold out a long time ago, doesn't matter if it's in yen, euro, or pesos.
Eventually there may be a combined Eurodollar unit for EU and US and the US could reverse positions and become Europe's lapdog. But some may prefer to see the US in an economic fall - which may be why our leaders are looting the country and enacting laws for the Homeland - they know what they haven't sold they've stolen.
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