On the Edge with Max Keiser - 03 July 2009 (pt4 of 4)

So if we have inflation what do the currency prices look like - currently the USA/CHF is at 1.08 or so - does that mean it's up or down. How about the US Euro - up down - 1/2 of what it is double? You can short the dollar but when it goes down in value vis-a-vis inflation what does the "price" of it look like or read?? Anyone?

I believe that Jamie Dimon of Chase Bank has to go. Chase Bank is a key player in the desecration of the blue collar american.

The one trillion dollars of consumer credit card debt MUST BE REDUCED by offering incentives to those with debt that would actually make it possible for them to begin paying down their debt.

Click on my name to learn more.

bloggersagainstchasebank
daily-protest

We americans believe in producing goods but the government
and corporations are only interested in moving all business to foreign countries. American politicians follow the desires of corporations and bankers not what is good for the citizens they represent. And these politicians are entrenched and bolstered by corporate money.

It's refreshing to hear some truth for a change

The interview was pretty dry until the last 30 to 40 seconds.

Renegen1
Yep.. Easier to destroy someone, or a whole political system when the citizens are wrapped up in pointless squabbles.

A former treasury official says that the SecTreas works for Goldman Sachs... More of the obvious.. Many folks have forgotten what Loyalty to the institution means.

Here's a pretty simple thought experiment. What if every last American job was shipped overseas? Are we in a better position now that we can buy things far cheaper, since they're being done overseas? Or are we now a third-world nation with no jobs? Modern free trade theory contains a fatal distortion on Ricardo's idea of "comparative advantage" - in his day, the factors of production were immobile. Offshoring of factories and entire industries en masse was entirely unimaginable.

Welfare

BRIC needs to be treated as customers - Not competition

If they USA would concentrate on selling them higher goods, they would get rich doing it

donutz ate my lap top...
new mac book pro..
figured spend some dollars
while they still have
some value ...
woof..