Tom Friedmans father-in-law is a billionare­....nothin­g like marrying in to it.

"Should Tom Friedman the top journalist in the USA write for Ariana for free" Mike Eisner

I am sure all the billionaires love Tom Friedman
like they all love Horatio Alger. He tells them deserve their billions and it is right to pay workers making mickey mouse tee-shirts less than subsistence wages. 25 to 50 cents an hour, white they make $10,000-20,000 dollars an hour.

The Euro's sucess is proof that the world is not flat.
And "The Wealth of Nations" is as true now as in 1776 when it was written.

Countries that do not treat their working class as serfs prosper. Those that pursue slavery abroad in the colonies reap poverty and unemployment at home. Adam Smith said that, read the book. Tom Friedman is full of crap, don't bother reading the book.

Great news for American tourism.

Gasoline is more expensive in Europe because of taxes. Having said that can anyone explain:
a) why gas in the USA tripled in cost since Bush took over while did not triple in cost in Europe during the same period of time
b) why oil companies are making so much more money with Bush in charge?
No sarcasm just facts.

the king is dead. long live the king.

Ye olde "Euros-in-­a-mattress­" strategy.

Kicking Wall Street's *ss, one cheek at a time.

This is the reason why Bernanke cannot bail out Wall Street's subprime greed with rate cuts given that we must finance our national debt. A rate cut would only drive the dollar further down and would be bad for treasuries. The problem with CNBC is that they have no comprehension of political economy. War is a financial and economic pitfall.

Ever wonder why gold is climbing, and who is buying the bars?
http://www.kitco.com/images/live/nygold.gif

Fox analyst: Germany's actions leave us 'no choice' but to bomb Iran
Germany — a pivotal player among three European nations to rein in Iran's nuclear program over the last two-and-a-half years through a mixture of diplomacy and sanctions supported by the United States — notified its allies last week that the government of Chancellor Angela Merkel refuses to support the imposition of any further sanctions against Iran that could be imposed by the U.N. Security Council.

Lt. Gen. (ret.) Thomas McInerney told Fox, "Since Germany has backed out of helping economically, we do not have any other choice. ... They've forced us into the military option."

McInerney described such a bombing campaign as "easy" and spoke enthusiastically of the weaponry involved, including "a new massive ordnance penetrator that's 30,000 pounds, that really penetrates ... Ahmadinejad has nothing in Iran that we can't penetrate.­"
Posted Sep 12, 2007 12:12 PM PST
Category: IRAN

Germany won't agree to new Iran sanctions by the UN, so the US "has no choice" but to bomb Iran?

bull-biscuits!

The IAEA chief El Baradei, speaking with "Der Spiegel" early this month, said that "...a recent agreement between the IAEA and Tehran to map out Iran's nuclear activities offers a "great chance" to resolve the crisis.

But he warned Tehran that this could also be its "last chance," saying Iran only has until November or December to prove its good intentions­."

So what we have here is something which might work, with a hard deadline of December 31st (a total of 79 days from today) for the Iranians to respond.

And what will the US do when the IAEA states that Tehran has complied with every request, and that there is no evidence whatsoever of a weapons program?

This would be good for exports, except we don't make much here anymore. What we do make has a lot of foreign content in it.

$2 BILLION EACH WEEK TO OCCUPY IRAQ =

w's SUBPRIME ECOMOMY.


.

"The euro hit an all-time high against the dollar Wednesday"

The euro hit an all-time high against the dollar Thursday

The euro hit an all-time high against the dollar Friday

The euro hit an all-time high against the dollar Monday

The euro hit an all-time high against the dollar Tuesday


Just thought I'd save a little time on the upcoming headlines. They can be recycled when needed.

The Euro is strong. But this does not mean thatthe econimies in Europe are doing better than in the US. They are having huge issue with inflation, and their middle class in almost disappearing.

It will all settle out in the next few years to a more realistic level with the US dollar

Threatening to trade oil in Euros instead of Dollars is the REAL WMD that Iraq, Iran and Venezuela have over the US, and to a lesser extent, the UK.

The story that no one ever really got behind about why we invaded Iraq has to do with this very subject. The economy of the European Union is essentially on equal footing with the US economy now. Only the US is now straddled with massive debt. Remember the Golden Rule, "the one with the most gold makes the rules".

Way to go Dick and Dumbya!!!