If you have been paying attention, US petrodollar diplomacy at gun point is not working. The policies of Free Trade for the sake of the Wealthy Elite are backfiring in their faces. The policy of doing oil deals with blunt military force is not working. Their precious 20 Year War Plan is a complete disaster.
Our trade policies are a disaster and the gutless wonders in DC just maintain business as usual.
Our policy of spending much on war and little on domestic needs are eroding the value of the dollar and confidence in same and confidence in our government.
Their refusal to build an economy based on real growth, rather than artificial growth stimulated by debt and that money being directed into just the right hands, is harming all of us and harming the value of the dollar.
The US dollar took a serious nose dive over the past month and just yesterday shock waves hit markets across the globe as investors panicked and confidence in the dollar fell precipitously.
Equity markets around the world plummeted Friday as the U.S. dollar went into freefall.
The American currency's near collapse followed several weeks of declines, which has seen the dollar lose 7% of its value against the euro, yen, and the pound, in the last month alone. The dollar index (weighted against a number of currencies) has fallen to its lowest level since October 1997. The relentless selling has failed to cause even the shallowest of corrections. Friday's announcement by the Trade Department of a 5.6% fall in the trade deficit for April, coming in at $62 billion against analysts expectations of $67 billion, failed to arrest the slide.
The dollar rout has unnerved global stock markets with major falls being recorded in Asia, Europe, and the Americas. London's FTSE 100 fell 129.90 or 2.15% Friday to 5,912.10. The Paris-based CAC 40 at 5,150.45 was down 112.49 or 2.14%. The German DAX fell 138.44 or 2.29% to 5,916.28. The Amsterdam Exchanges index was off 11.79 or 2.53% at 455.09. In Sweden the OMX Stockholm 30 index fell 29.71 or 2.85% to 1,013.69. The Swiss SMI shed 143.17 or 1.77% to 7, 954.10.
In Asia Japan's Nikkei 225 ended the day down 260.36 points or 1.54% at 16,601.78. The Hong Kong Hang Seng fell 238.93 or 1.39% at 16,901.85.
Middle East markets, where the week ends on Thursdays, suffered one of their worst weeks ever. Most Mideast currencies are pegged to the dollar which means the value of stock investments held by foreigners has been plummeting in line with the U.S. currency. The Dubai stock market shed 14.35% for the week, while the Abu Dhabi market gave up 10.49%. Market analysts fear the stock meltdown may feed into the propery sector which is overblown, particularly in Dubai. Emaar, the emirate's largest property developer lost 22.8%, more than a fifth of its value, over the week.
In the U.S. the Dow Jones industrials fell 119.74 or 1.04% to 11,380.99 Friday, while the S&P 500 declined 14.68 or 1.27% to 1,291.24. The Nasdaq Composite shed 28.92 or 1.27% to 2,243.78.
In Canada, the Toronto S&P/TSX Composite lost 127.36 or 1.05% to 12,038.07. The Mexican Bolsa index dropped 280.37 or 1.31% to 21,154.90, while the Brazil Bovespa declined 635.10 or 1.55% to 40,211.97.
The dollar hit a new low of 1.2955 against the euro Friday, while the British pound touched 1.8998. The Swiss franc soared to 1.1965, while the Japanese yen traded as high as 109.32. The commodity currencies were litte changed from Thursday's close but in solid demand. The Canadian dollar reached 1.0991 while the Australian dollar firmed to .7782. The New Zealand dollar reached a modest high of .6325. The dollar was just shy of its lows for the day the close of trading in New York Friday.
The feverish selling this week has come despite a quarter-point increase in the Fed funds rate to 5%, well ahead of European, Swiss,and Japanese interest rates. The Fed demonstrated an increasing concern over the extent of dollar-selling by signalling its regular monthly interest rate increases may not be over. Markets have been selling the dollar on the basis the Fed will soon pause, just as other countries are planning to begin a round of interest rate increases.
Our plan is to recover the $27.5 trillion in such a manner that the Federal Wire cannot steal it and divert it into the M3 money supply that they no longer report to American citizens. My sources say that they have put the system in place to do just that – steal the wire transfers and put that money back into the hands of the Federal Reserve and their Wealthy Elite owners. Even a simple FOREX conversion from other currencies into dollars would disappear into the hands of the Fed.
Our plan it to pay off the US debt and then apply some of the funds to urgently needed matters that DC conveniently overlooks. Things such as infrastructure, job creation, alternative energy, our veterans health needs.
They know that with each veteran we treat, we will be making a civil and criminal case against them. Therefore, they are trying to block the recovery of those funds and application of them to the veterans.
They know that any steps to address the nuclear waste and human detriment caused in Bosnia, Afghanistan and Iraq will be proving one patient, one square meter at a time, the civil and criminal negligence of those that gave the orders knowing they would be harming tens of millions of people.
To respond to some emails that we have received, NO, THIS IS NOT NESARA. NESARA does not exist and people have been sent to prison for that scam. Only Utopian fools believe in NESARA. It is pie-in-the-sky economics that would crater our entire economy and reduce the US to third world poverty status.
People borrowed the money – time the NESARA folks realized that they will have to pay it back. Money talks and their lunacy does not warrant another word on the matter.
There is no magic bullet where all homeowners would suddenly be debt free and their home mortgages erased. There is no magic bullet where all car owners would suddenly have no car payment, no debt due on their car. There is no magic bullet where your credit card debts would simply be erased.
The dollar is weak for two reasons. First our government and their Wealthy Masters want it weak to keep the doors open to globalization of trade and at the same time they are using threats of economic and military force to keep the world tied to the petrodollar. Second, the sheer irresponsibility of our government and their debt policies has wrecked the value of the dollar.
The Russian ruble cannot go head to head with the dollar, but now Putin intends to launch a ruble denominated oil trade next year while the threat of Euro trading remains. http://en.rian.ru/russia/20060510/47915635.html Due to our dollar policies, that is a good and prudent move of this own people. Something a good leader is supposed to do, just like Chavez.
None of this would even be necessary but for the US debt, our juvenile delinquent leaders in Washington, DC and their fiscal irresponsibility.
Can the US debt be paid off? Yes, the official debt figure that is tied to US Treasury bonds could be eliminated merely by recovering the $27.5 trillion that Ambassador Leo Wanta is in charge of and deposited offshore in non-G7 currencies.
Would that strengthen the US dollar? Yes, overnight and it would take the boot heels if the Financial Terrorists off the necks of those foreign nations where the funds were deposited.
Why is the dollar under attack? Because we have complete idiots running this nation that do not care about all Americans. They only care about their Wealthy Elite masters and their own empowerment.
This is not a new form of cancer, but its often a misdiagnosed one, and rarer than many forms but hardly new...Often its mistaken for a rash or allergic reaction and treated as such...It attacks the nipple area,,, and travels through the milk ducts if not found...If caught in early stages, only the nipple may end up being lost..It does not have to cost you your breast. ....So beware for rashes or irritations in that area...If it doesnt go away have them do a biopsy on it..I passed all my mamograms...One one week before the biopsy was taken...I went to several doctors too...And all of them thought wrong...Finally THe lady who did my mamogram saw how irritated it was and was starting to bleed and agreed with me something was really wrong..I had to keep mine bandaged at all times with ointment on it to relieve the pain....She spoke to the dr about a biopsy...If we hadnt insisted It might never have been diagnosed. ..I am still here so dont let these send outs frighten you...But do insist on a biopsy if an irration does not go away in a reasonable amount of time...Go to a doctor who will listen... There are two types of pagets one is a form of breast Cancer, one effects the bones..they are different....but. Any cancer can spread..That is why its so important to get treatment... Mine was severe and I am still here...Do watch symtoms and please insist on a biopsy if you have symptoms that dont go away...It does not respond to treatments that typically work on skin reactions..Insist..By the way my rash started on my breast...not my neck.....hugzz..jaz
Inthfamz04@aol.com wrote: This is really important for all the women to read and be aware of. Beth
A gal in our church also has this type of cancer which began as a rash on the back of her neck. She went to a dermatologist for two months before her regular doctor biopsies it. Last Monday evening the cancer doctors from Little Rock had a forum, and not one of them mentioned this rash as a symptom. What is going on here? New kind of Breast Cancer - DO NOT DELETE Please forward to all of the women in your lives . Mothers, daughters, sisters, aunts, friends, etc. In November, a rare kind of breast cancer was found. A lady developed a rash on her breast, similar to that of young mothers who are nursing. Because her mammogram had been clear, the doctor treated her with antibiotics for infections. After 2 rounds and it continued to get worse, her doctor sent her for another mammogram, and this time it showed a mass. A biopsy found a fast growing malignancy. Chemo was started in order to shrink the growth; then a mastectomy; then a full round of Chemo; then radiation. After about 9 months of intense treatment, she was given a clean bill of health. One year of living each day to its fullest. Then the cancer returned to the liver area. She took 4 treatments and decided that she wanted quality of life, not the after effects of Chemo. She had 5 great months and she planned each detail of the final days. After just a few days of needing morphine, she slipped away saying she had done what God had sent her into the world to do and now it was her time to go. PLEASE be alert to any thing that is not normal, and be persistent in getting help as soon as possible.
Her message is shown below:
Paget's Disease: This is a rare form of breast cancer, and is on the outside of the breast, on the nipple and aureole. It appeared as a rash, which later became a lesion with a crusty outer edge. I would not have ever suspected it to be breast cancer but it was. My nipple never seemed any different to me, but the rash bothered me, so I went to the doctor for that. Sometimes, it itched and was sore, but other than that it didn't bother me. It was just ugly and a nuisance, and could not be cleared up with all the creams prescribed by my doctor and dermatologist for the dermatitis on my eyes just prior to this outbreak. They seemed a little concerned but did not warn me it could be cancerous. Now, I suspect there is a reason, not many women out there who know a lesion or rash on the nipple or aureole can be breast cancer. Mine started out as a single red pimple on the aureole. One of the biggest problems with Paget's disease of the nipple is that the symptoms appear to be harmless. It is frequently thought to be a skin inflammation or infection, leading to unfortunate delays in detection and care. What are the symptoms?
The symptoms include:
1. A persistent redness, oozing, and crusting of your nipple causing it to itch and burn. (As I stated, mine did not itch or burn much, and had no oozing I was aware of, but it did have a crust along the outer edge on one side.)
2. A sore on your nipple that will not heal. (Mine was on the aureole area with a whitish thick looking area in center of nipple).
3. Usually only one nipple is ffected. How is it diagnosed? Your doctor will do a physical exam and should suggest having a mammogram of both breasts, done immediately. Even though the redness, oozing and crusting closely resemble dermatitis (inflammation of the skin), your doctor should suspect cancer if the sore is only on one breast. Your doctor should order ; a biopsy of your sore to confirm what is going on.
This message should be taken seriously and passed on to as many of your relatives and friends as possible; it could save someone's life.
My breast cancer has spread and metastasized to my bones after receiving mega doses of chemotherapy, 28 treatments of radiation and taking Tamaxofin. If this had been diagnosed as breast cancer in the beginning, perhaps it would not have spread...
TO ALL READERS:
This is sad as women are not aware of Paget's disease. If, by passing this around on the e-mail, we can make others aware of it, and its potential danger, we are helping women everywhere.
Please, if you can, t ake a moment to forward this message to as many people as possible, especially to your family and friends. It only takes a moment, yet the results could save a life.