Mar 26, 2009

The Daily Buzz - Are We Closer To A World Currency Than Ever Before?

-Is a world currency moving closer after Tim Geithner's slip of the tongue?

-IMF managing director Dominique Strauss-Kahn says that talks on a new world reserve currency are "legitimate".

-The new national service bill, HR 1388, bans participants from sharing the gospel of Jesus Christ.

-The Mexican drug war is spiralling out of control.

-Prescription drug addiction is soaring out of control in the United States.

-The Pentagon wants to know why China is conducting a massive military buildup.

-The Pentagon also wants to build robot killers that can fire on their own.

-General Richard Myers says that U.S. enemies seek WMDs in order to end "our way of life".

-The director of the FBI is advocating the renewal of the Patriot Act.

-Compulsory sex education will now start at five years old in the U.K., and children as young as nine will be taught to make "informed decisions" about taking drugs and drinking alcohol.

-Abortion clinics in the U.K. will now be allowed to advertise on television and radio for the first time.

-New documents show that AIG actually pushed up the timing of bonus payments.

-Surprise? Globalist George Soros says that he is actually "having a very good crisis".

-Even in the middle of this economic crisis, food prices are still going up.

-Al Gore has announced the sequel to "An Inconvenient Truth" - it might be an interesting read if you like a good fiction book.

-Sadly, U.S. abortion and vasectomy rates are rising as the economy falters.

-Lastly, Barack Obama is defending his push to cut tax deductions for charitable gifts.

1 comment:

  1. It is amazing to me that in the face of all this news that Wall Street ended up yesterday and today.

    The only indication that there is still a modicum of uncertainty at the how DC is handling everything is gold. It’s still above $900 and continue to show strength.

    I was watching the COMEX with the realtime widget ExactPrice ( http://www.learcapital.com/exactprice ) and it was stunning to see what happened to gold when Geithner made that comment slip. It shot up like crazy. After he clarified it the price came back down some but not completely. Tells me just how much uncertainty, or distrust, or fear - take your pick - there is in markets.

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