The net result: not only a slap for the US Dollar, but implicitly for all fiat intermediaries, as Iran and China are about to prove that when it comes to exchanging hard resources for critical Chinese goods and services, the world’s so called reserve currency is completely irrelevant. The implications of this are momentous, especially for US debt, whose indomitability is only predicated upon the continued acceptance of the currency it backs as a global reserve.

Terrorist organisation magazine reportedly cites as ‘ridiculous’ Iran president’s blaming of US behind 2001 attacks

“We’re seeing core consumers under a lot of pressure,” Duke said at an event in New York. “There’s no doubt that rising fuel prices are having an impact.”… “Purchases are really dropping off by the end of the month even more than last year,” Duke said.

How U.S. soldiers in Afghanistan murdered innocent civilians and mutilated their corpses – and how their officers failed to stop them. Plus: An exclusive look at the war crime photos censored by the Pentagon

A deficit-reduction package crafted along these lines would more than meet even the most ardent deficit hawk’s demands. It would increase efficiency, promote growth, improve the environment, and benefit workers and the middle class.

There’s only one problem: it wouldn’t benefit those at the top, or the corporate and other special interests that have come to dominate America’s policymaking.

Kokopitkä dokumentti. Hyvä sellainen.

The U.S. Energy Information Administration (EIA) has projected that the United States will lead the world into catastrophic global warming over the next twenty five years.