Thursday, March 20, 2008

Sheesh

Blast From The Past
Thursday, February 23, 2006
See if you can guess ... too much Scotch? Or, too little Prozac?
<SNIP>

More: The Dollar is the de facto world reserve currency, with 2/3 of the world's transactions being settled with the Greenback. There is, always has been, a globalist move afoot to replace it with the Euro, with disastrous consequences for the United States. If the oil markets make that switch, it's a done deal. Oddly, one of the biggest causes for the rise in Euro use are in the illegal drug markets. Dealers favor the €500 note over the smaller denomination $100 bill because of convenience, causing €185 billion in increased circulation of that note in just four years. But, wait, there's more.

You may not know it, but Citgo, the U.S. refining and marketing firm, is a wholly owned subsidiary of Venezuela's state-owned oil company. That's right, Cindy Sheehan's flame-du-socialista Hugo Chavez. Hugo is selling his Citgo holding, and will allocate that oil to Russia. Guess what that means? 14,000 Citgo gas stations looking for a new supplier. It won't take too many more hits to bring the roof down.

The UAE are cornering the World's gold exchange, and will no longer allow dollars to be used for certain transactions. Another nail.

It will still take a monetary catastrophe to shake the faith in the U.S, Dollar, enough to overthrow it, but we are vulnerable, as you can see. We have been selling American real estate, and responsibility, hand over fist. Indiana is about to sell the rights to it's toll road, for crisake, to the same Spanish-Australian consortium that already runs Chicago's Skyway! WTF?

If the change happens, we become citizens of the New World Order, immédiatement. What can be done to stop it? I don't know. Maybe haul out of the Middle East, reinvoke the Monroe Doctrine, kill Hugo Chavez, Fidel Castro, and make Mexico the 51st State? Concentrate on our natural trading partners in this hemisphere. Wait, here's something. Stock about four months of food supplies. The happy side, of course, is the plague of pasty faced whiners, like PeTA,et al, will be consigned to the trash heap, a rich nation's luxury we can no longer afford. Yay.

10 comments:

Rodger the Real King of France said...

This is not an economics blog, so if something like this was apparent enough to make these pages, WTF? I guess niking the Middle East is out of the question.

AnnoyedOne said...

I dunno about niking but it could sure use a good nuking ;-)

USA UAS USA

Anonymous said...

Don't get me going about the weak dollar-this is squarely in Bush's lap. I believe he wanted to let the dollar drift downwards, especially against the yuan. It would make our exports cost more, what freaking little of them there are compared to the flood a'coming this aways from them, and make theirs cost less to us.

From there on, I'm lost. I can not understand why these guys have let the dollar slide like this. I wish some one would explain it. It has caused some pretty wicked inflation due to skyrocketing commodity prices.

Did I hear today that corn is $4/bushel??? When did the freaking happen? I wasn't paying attention to that. That's incredible.
MM

Anonymous said...

Too much prozak, too little Scotch.
--Jack

cmblake6 said...

Has anyone read the thing over at http://www.barking-moonbat.com yet? Very interesting thing about how we've discovered the bacterium that can convert plant trash into petroleum oil. Yeah. We can MAKE OUR OWN!!!!!!! In almost a total home made replacement for EVERYTHING we get from the ME and Venezuela. THIS, boys and girls, is the salvation of the American economy. Between the oil we pump out of our own ground, and what we make at home, screw the rest of the EARTH! We've got what it will take to bankrupt the rest of the enemy.

cmblake6 said...

OH! Nevermind. Just saw it lower on this page. 3/20/2008, 07:42. Should read the whole page first, huh?

Anonymous said...

This doesn't bother me:

"Dealers favor the €500 note over the smaller denomination $100 bill"

Burma, North Korea, and Iran are notorious forgers. And the Russians too (hat tip to Warren Zevon). Me, I don't deal in hundred dollar bills.

Anonymous said...

Four months food and ten months ammo might just do the trick.
Tonto G.

Anonymous said...

This sure isn't an economics blog, lol. MM, I think you have that bass ackwards. A cheaper dollar makes our exports cheaper to the world, because their commie cash buys more dollars, and imports purchased in dollars more expensive, because we have to use more dollars for the same good. Thus imported oil becomes even more expensive. On the upside, maybe we'll start drilling offshore, and in the frozen north.

Casca

Anonymous said...

Ooops, really casca, that's what I meant. I knew I was tossing and turning last night for something.

I still believe that Bush wanted the dollar to drift down and it has produced a lot of unintended consequences besides his intent to make our goods more competitive.
MM

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