Dollar jibber jabber

November 9th, 2009 by stacyherbert

Stacy Summary:  For you afternoon off topic headlines, sense, nonsense, chit chat and jibber jabber.

Dollar chart - 09 November 2009

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148 responses so far ↓

  • Mep
    Nov 9, 2009 at 4:12 pm

    @ Max – RE: your comments about government being able to efficiently run health care, I agree with you on principle. However, I think its been shown pretty clearly that in the US, our government is not currently capable of passing sane legislation that will improve our sickness-care system. The majority of our Congress is captured. Until we find a way to change that, we’re destined to be held hostage to the insurance and PhRMA cartels.

  • Phil
    Nov 9, 2009 at 4:14 pm

    @Adam C … Phil
    Nov 9, 2009 at 1:20 pm

    Yes, I mentioned that already … but nobody seemed to think it’s important. Berninger said he’ll tell more in his next video. Whether that’s just a teaser to watch his next, or whether he has something new , we’ll see.

    Just FWIW, there was a rumor in 2008 that shiploads of Gold-Ameros were leaving the US for China.

  • Supergeek
    Nov 9, 2009 at 4:17 pm

    @youri
    I enjoyed the acid/gold link… er cheers!!!

  • frances snoot
    Nov 9, 2009 at 4:18 pm

    “American obesity, to me at least, is not something that should be seen as any individual’s disgrace. It’s a societal disgrace.”

    Why not let the people pork on some fat before the starving time comes? It is coming, you know.

  • Phil
    Nov 9, 2009 at 4:22 pm

    Nov. 10 2009
    Where does the price of gold go from here?

    ….This current bull market in gold is not about jewellery, but is about the value of paper money; in particular the US dollar. And, one of the ways to protect your wealth in such times is to own gold. And, it is for this reason it is imperative for investors to diversify and allocate a portion of their capital to the precious metals gold and silver…..

    http://www.proactiveinvestors.com.au/companies/news/3202/where-does-the-price-of-gold-go-from-here-3202.html?

  • BondiBhoy
    Nov 9, 2009 at 4:26 pm

    Mep – the types of people who eat processed food on a very regular basis (from both the supermarket & Mcdonalds) are just lazy. Most may well be from lower socio-economic groups but it’s ultimately cheaper to buy fresh food & cook your own meals. A meal for a family of 4 @ McDonalds will cost you between $20-30. Why dont these people realise that cooking doesnt even have to be a daily chore if you buy in bulk, cook & then freeze the end product. It’s just people being thick & lazy, nothing to do with wage packets I believe.

  • Phil
    Nov 9, 2009 at 4:26 pm

    Another war front …

    Official US Air Force Document Reveals the True Intentions Behind the US-Colombia Military Agreement

    …An official document from the Department of the US Air Force reveals that the military base in Palanquero, Colombia will provide the Pentagon with “…an opportunity for conducting full spectrum operations throughout South America…” This information contradicts the explainations offered by Colombian President Alvaro Uribe and the US State Department regarding the military agreement signed between the two nations this past October 30th. Both governments have publicly stated that the military agreement refers only to counternarcotics and counterterrorism operations within Colombian territory. President Uribe has reiterated numerous times that the military agreement with the US will not affect Colombia’s neighbors, despite constant concern in the region regarding the true objetives of the agreement. But the US Air Force document, dated May 2009, confirms that the concerns of South American nations have been right on target. The document exposes that the true intentions behind the agreement are to enable the US to engage in “full spectrum military operations in a critical sub-region of our hemisphere where security and stability is under constant threat from narcotics funded terrorist insurgencies…and anti-US governments…”

    …

    http://www.globalresearch.ca/index.php?context=va&aid=15951

  • Dedo
    Nov 9, 2009 at 4:28 pm

    @Frances,…..What are these for I wonder,..
    http://www.youtube.com/watch?v=xWXBHdTsAZQ

  • frances snoot
    Nov 9, 2009 at 4:31 pm

    @Mep@BondiBhoy:
    Lordy? Why don’t you both just STONE those fatties to death with dried out-doughtnuts? For Christ sake: if ya’z gonna try to make the “Great Society” just leave out Kentucky, Tennessee, Florida, and Georgia. Maybe Mississippi and Alabama as well. It would be too DISAPPOINTING to the collective to have to DEAL with those people, right? Seems what is right to one might not be another person’s CHOICE.

    And last time I checked, Americans are still free to make free choices: good or bad.

    Not really anybusy-body’s business to check up on other’s people’s habits. Rather, well…snooty I think.

  • Mongo
    Nov 9, 2009 at 4:32 pm

    @Mike/Liverpool, why forget gold.. when we use horse and carriage again gold will be the de facto currency (besides silver and other precious metals perhaps).

  • Ptah
    Nov 9, 2009 at 4:33 pm

    The Telegraph is not a reliable picture of the world, its a distorted view of the world as Bilderberg would like to see it, dovetailed to morsels of reality to appear a bit convincing. This story stills sends goosebumps all over me:

    http://www.telegraph.co.uk/news/newstopics/politics/lawandorder/6533107/Every-phone-call-email-and-internet-click-stored-by-state-spying-databases.html

    The bit which really does it is where it is claimed that companies such as Orange and Vodaphone will be paid by the taxpayer to hold private data on … the taxpayer.

    I suppose the taxpayer – sort of – gets the last laugh as the money is next to worthless anyway. However these bastards certainly are not working for the electorate when they concoct stuff like this. Should I be surprised… probably not!

    Maybe the establishment has leased the anal passage of every UK person to the Chinese, we are really in for a rough ride over the next few years.

  • Phil
    Nov 9, 2009 at 4:36 pm

    FROM DR. DAVID KAISER…

    History Unfolding

    I am a student of history. Professionally, I have written 15 books on history that have been published in six languages, and I have studied history all my life. I have come to think there is something monumentally large afoot, and I do not believe it is simply a banking crisis, or a mortgage crisis, or a credit crisis. Yes these exist, but they are merely single facets on a very large gemstone that is only now coming into a sharper focus.

    Something of historic proportions is happening
    . I can sense it because I know how it feels, smells, what it looks like, and how people react to it.. Yes, a perfect storm may be brewing, but there is something happening within our country that has been evolving for about ten to fifteen years. The pace has dramatically quickened in the past two.

    We demand and then codify into law the requirement that our banks make massive loans to people we know they can never pay back? Why?
    …
    …
    I have never been so afraid for my country and for my children as I am now.

    This man campaigned on bringing people together, something he has never, ever done in his professional life. In my assessment, Obama will divide us along philosophical lines, push us apart, and then try to realign the pieces into a new and different power structure. Change is indeed coming. And when it comes, you will never see the same nation again.
    …
    …
    … Do not forget that Germany was the most educated, the most cultured country in Europe. It was full of music, art, museums, hospitals, laboratories, and universities. And yet, in less than six years …
    …
    http://patriotsforamerica.ning.com/profiles/blogs/from-dr-david-kaiser

    Interesting read – whether it ends like Germany did, I doubt it.
    OTOH, the evidence of a deliberate destruction of the US currency as well as the US economy is shouting you in the face.
    It’s just too obvious to be believable I suppose !

  • Mep
    Nov 9, 2009 at 4:39 pm

    @ Bondi Bhoy:

    Most may well be from lower socio-economic groups but it’s ultimately cheaper to buy fresh food & cook your own meals.

    That’s just not true. Not only is fresh food more expensive, there are also numerous studies that show that fresh foods and fish are near-non-existent in many poor areas; studies also have consistently shown that food prices–no matter if they are unhealthy or healthy foods–are more expensive across the board in lower-income communities (where people also have less access to transportation to shop elsewhere).

    Where I do agree with you is on cooking more homemade meals and freezing. This presumes, however, that people have money in the first place to purchase bulk items.

  • WL
    Nov 9, 2009 at 4:57 pm

    We have reached

    Peak oil
    Peak gold
    Peak debt
    Peak US superpower

    Buckle up ladies and germs this is gonna be a ride

    After researching German Hyperinflation:

    Foreign debts were high

    There was initially deflation then government intervention created inflation

    Stocks dropped initially then recovered and did ok if they had real assets

    Debtors did very well as debts were wiped out

    German cash and bond holders were wiped out

    Farmers became the very wealthy

    Landlords suffered under rent controls

    Foreign cash and bondholders did well

    1 OZ of gold could have bought a city block

    Disclosure, I am in the inflation camp since that is the best option for central banks. To avoid deflation they will create inflation. The rise in the stock market is inflationary though nobody seems to realize it. The question is: high inflation or the psychological hyperinflation?

  • Joe
    Nov 9, 2009 at 5:11 pm

    @MEP

    Your exactly right on the food issue. Someone just argued w/ me that the problem is from an over-abundance of food | which is false on so many levels. The processed foods are cheaper and obviously worse for a person like how highly processed white bread is less expensive than wheat bread.

  • BondiBhoy
    Nov 9, 2009 at 5:20 pm

    @frances

    Not against the McDonald-worshippers stuffing their faces. Heck I’m partial to late night greasy offerings myself from time to time. I’m just not buying the argument that the ‘poor’ have no alternative, particularly when a lot of junk food is rather dear.

    @Mep

    I imagine that in the States you have cut price food stores as we do in Oz where it is possible to buy both fresh food, as well as more bulk items. The likes of Aldi are generally within poorer areas too. I agree with you on items like fish. I too would regard fish as a bit of a luxury even with my average income and having easy access to it. And i’m not talking about pineapples, saffron & peppers, just good old bags of potatos, tomatos, apples etc which are still way cheaper in weight terms & healthier than the packs of frozen pies, chips and what have ya that I see people flinging into their shopping trolleys. Even in the mass media these days (certainly from what I’ve seen in the UK & Oz) there is a growing tendancy to market cheaper, fresh food that is not time-consuming to prepare towards lower income families.

  • Phil
    Nov 9, 2009 at 5:40 pm

    Nov. 2 – Russia Today on the Ukraine …

    Not Swine Flu , but something worse it seems.
    http://www.youtube.com/watch?v=nF3EzY7TVkk

    A lot of buzz as to why the MSM is not mentioning it.

  • Joe
    Nov 9, 2009 at 5:47 pm

    Good article

    “Free Market” Capitalism Gets Thumbs Down in 27 Countries, Including US « naked capitalism http://bit.ly/1l3Qd1

  • Justget Itright
    Nov 9, 2009 at 5:55 pm

    The Mayans read right to left, Therefore we have more
    time to live ya’ll. Right? It’s not 2012, let’s just get it right.
    2102 is the rapture …. Ha!

  • marietta
    Nov 9, 2009 at 5:56 pm

    60 deaths is a tragedy but it seems very low when compared to a total of 200,000 cases

  • marietta
    Nov 9, 2009 at 5:59 pm

    regular seasonal flu has mortality rate of 0.1%

  • Joe
    Nov 9, 2009 at 6:03 pm

    who else feels as though ‘free-market’ capitalism isn’t a viable system and nationalization of banks and others would be better for the public? She seems to not like the libertarian view of things, seeing it as an exploitation of workers. I think she’s naive.

  • Justget Itright
    Nov 9, 2009 at 6:15 pm

    This evening on local news, they commented
    on swine flu tests not being accurate. Said,
    “even if the test comes back negative, you may
    actually have the swine flu”

    Any info from ya’ll about the accuracy of the HINY
    flu test?

  • white hunter
    Nov 9, 2009 at 6:39 pm

    let he who is without sin, cast the first doughtnut.

  • Palantíri
    Nov 9, 2009 at 7:26 pm

    University of Woolloomooloo – Bruces’ Philosophers Song
    http://www.youtube.com/watch?v=eE7Fe1cGLPk

    *sing along*

    Immanuel Kant was a real pissant
    Who was very rarely stable,
    Heidegger, Heidegger was a boozy begger
    Who could think you under the table.

    David Hume could out-consume,
    Schopenhauer and Hegel.
    And Wittgenstein was a beery swine
    Who was just as schloshed as Schlegel.

    There’s nothing Nietzche couldn’t teach ya
    ‘Bout the raising of the wrist.
    Socrates himself was permanently pissed.

    John Stuart Mill, of his own free will
    On half a pint of shandy was particularly ill.
    Plato, they say could stick it away,
    Half a crate of whiskey everyday.

    Aristotle, Aristotle was a bugger for the bottle,
    Hobbes was fond of his dram.
    And René DesCartes was a drunken fart
    “I drink, therefore I am.”

    Yes, Socrates himself is particularly missed,
    A lovely little thinker but a bugger when he’s pissed.

    *dam di dam*

  • Bonn
    Nov 9, 2009 at 7:51 pm

    ROLDFL
    I really thought that people cared about other people ROFL PMSL i believed tis till 33 what a stupid ass i was LOL

  • Scott from Oregon
    Nov 9, 2009 at 7:52 pm

    Rep. Dennis Kucinich (D-Ohio), who was the sponsor of an amendment that would have allowed individual states to create a single-payer system – essentially a Medicare-for-all bill – voted against the legislation. Kucinich’s amendment was stripped from the House bill at the request of the Obama administration when it wasunveiled more than a week ago.

    http://www.truthout.org/1108091

    Well we can’t have the federal government nixed out of control, can we?

  • Bonn
    Nov 9, 2009 at 7:54 pm

    Oh i got creative Roll on the Dance floor laughing
    RODFL

  • Bonn
    Nov 9, 2009 at 7:56 pm

    Hey maybe thats why the bugger came up with the name Roodolf well he may have had a stutter RODFL PMSL

  • Bonn
    Nov 9, 2009 at 8:24 pm

    @ Stacey
    you know why we guys love Max ?
    Because he gets straight to the point. RODFL
    Otherwise most people who use english try and Describe the event with lotta superlatives which just irratates in the genrel. Max calls a Spades a Spades.
    Go On Max if there is a NWO i want u to run it RODFL just kidding :-)

  • WL
    Nov 9, 2009 at 9:20 pm

    The Sound of One Hand Clapping – What Deflationists May Be Missing

    Friday, October 9, 2009, 6:19 am, by cmartenson

    http://www.chrismartenson.com/blog/sound-one-hand-clapping-what-deflationists-may-be-missing/29151

  • WL
    Nov 9, 2009 at 9:27 pm

    45-Minute Crash Course Seminar
    Summer 2009, Boulder, Colorado

    http://www.chrismartenson.com/page/crash-course-one-year-anniversary

  • Airin
    Nov 9, 2009 at 10:06 pm

    Looks to me like its actually being defended around the 75 mark. I wouldnt’ be suprised at all if it bounced back up to 80. But nothing is making sense. The market keeps on going up, Dollar carry trade yadayada, Its still got 2 years left. Who knows. Get a farm.

  • Gerry
    Nov 9, 2009 at 10:34 pm

    ‘… Do not forget that Germany was the most educated, the most cultured country in Europe. It was full of music, art, museums, hospitals, laboratories, and universities. And yet, in less than six years …’

    IT LOST A WORLD CUP!

  • Mep
    Nov 9, 2009 at 10:39 pm

    Rachel Maddow revealed tonight that the Stupak-Pitts abortion ban amendment is a product of “The Family.”

    http://www.msnbc.msn.com/id/26315908/

    Anyone who lives in the US should take the time to learn about The Family/The Fellowship. It is a 70-old-fundamentalist-religious group that likes to call itself “The Christian Mafia.”

    Rachel Maddow is one of few journalists who has reported on C-Street and The Family, but all prior reporting of hers centered on the group being a right-wing fundamentalist group. This seems to be mostly because up until this point, all Family members involved in sex scandals (Mark Foley [gay sex w/ congressional pages], Mark Sanford [hiking the Appalachian-trail adulterer], John Ensign [had an affair with a staffer and had his parents pay off her husband & children while also getting her husband a job as a corporate lobbyist & allowing him to lobby Ensign's office], and David Vitter [prostitution/D.C. Madam scandal]) have been Republicans; the reason that the Family really became visible is because of these scandals.

    Doug Coe, the group’s preacher, has openly lauded the likes of Hitler, Stalin, and even Osama bin Laden. These people are all about power and control, and believe very deeply in biblical capitalism. (Which helps explain why all members are against health care reform.) The group was founded on the belief that Christianity went all wrong because of the strong focus on the poor and the downtrodden. They’re Calvinistic in the sense that they believe that the wealthy and the powerful are chosen by God. But they’re scary in the sense that they are well-funded; part of an international ring; they spread their dogma across the globe; they have a track-record of supporting dictators; they operate in complete secrecy; they are misogynists; and they believe in Christian world control.

    The C-Street home that “The Family” lives in is on the books as being a church, and it is owned by the group Youth With A Mission . . . the group behind the propaganda film “The Path to 9/11″:

    http://www.huffingtonpost.com/max-blumenthal/discover-the-secret-right_b_29015.html

    More on the Family/The Fellowship/C-Street here, here, here, here, and here.

  • Pez
    Nov 9, 2009 at 11:25 pm

    “If you prick us, do we not bleed jelly?”

  • Max Power
    Nov 9, 2009 at 11:42 pm

    The USD index does not include any Asian (save the Yen, that since the 1990s has been misleading) or Southern Hemisphere currencies.

    The bucket used to derive it is rather dated, and lacks the AUD / SGD — two important FOREX currencies.

    IT is a better basket than nothing, but the basket should have at least 10 currencies it in.

    This 1998 solution has not taken full hold yet :

    http://en.wikipedia.org/wiki/Trade_Weighted_US_dollar_Index

    Except for the massive distortion caused by the somewhat fixed Yuan of China, the Trade index is otherwise less misleading.

  • presence
    Nov 10, 2009 at 12:17 am

    @WL

    not only that but we are moving to a post-institutional society, the power is made in the realm of communication now, mainstream media atm, and when that loses all credibility, new media and mass self-communication through web -based techs. true hyperrealism. jon stewart is the most trust newsperson in america. but its fake news, its news satire, its a critique of the news. but this is where power is made, and so it is the real news now. baudrillard always said that hyper-reality was imperceptible but its reaches in these end stages make it too visible to contemplate. without hyper-reality we are all dead. this is the nature of man, and progress, and so all we can do is hedge zero in preparation.

    transformative times indeed

  • frances snoot
    Nov 10, 2009 at 5:42 am

    “In fact, “The Path to 9/11″ is produced and promoted by a well-honed propaganda operation consisting of a network of little-known right-wingers working from within Hollywood to counter its supposedly liberal bias. This is the network within the ABC network. Its godfather is far right activist David Horowitz, who has worked for more than a decade to establish a right-wing presence in Hollywood and to discredit mainstream film and TV production. On this project, he is working with a secretive evangelical religious right group founded by The Path to 9/11′s director David Cunningham that proclaims its goal to “transform Hollywood” in line with its messianic vision.”

    @Mep:
    Supposed liberal bias?

    Don’t you think the article is a tad high in hyperbole? Both the liberals and the conservative forces enjoy ‘distorting history’. Any retelling of an event is a subjective distortion sure to forward the interests of the tale-teller irregardless of ‘messianic visions’.

  • Bill Stewart
    Nov 10, 2009 at 8:42 pm

    According to Steven Long of ABC Lateline (AU) :

    …. The Australian Dollar has had the greatest appreciation against the USD of all (major) currencies…

    This is as of last Friday AEST, when he said it.

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