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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 2338
Posted: Feb 22, 2010 5:00
Comments: 2338
Forum Topic:
USD
Discuss USD
This is taken from an article on the topic by Paul Craig Roberts, a very distinguished American economist, and former Reagan appointee:
The Strauss Kahn Frame-Up: The Amerikan Police State Strides Forward http://www.globalresearch.ca/index.php?context=va&aid=24840
It is convenient for the Western elite that the public does this puppet dance for them, hysterically labeling anyone who points a laser beam of suspicion on their dirty deeds as some kind of nut case.
In the early 1930s Wall Street tried to orchestrate a coup d'etat against FDR in order to create a fascist regime in the US. A prominent American general (Smedley Butler) blew the whistle on this scheme, but the congress helped to cover it up and none of the perpetrators were ever prosecuted (of course). The alliance between the financial elite and congress was actually cemented a long time ago. In the end, writers and others who tried to expose the scheme to the public were labeled "paranoid" by the ruling class. They have used this tactic for a long time. It is very effective. Much has been written about this event, by the way. A google search will yield plenty of good, solid info on the story. It is the fact that they covered it up with the public by using this paranoid label that interests me. They still do this even today and the public has never yet caught on. We need to stop thinking it is crazy to think ill of these people. We all know that in Russia such things are commonplace politicallly. It is no different in the West.
It is fundamentally ridiculous to always repeat those Euro up vs USD (!!) mantras.
These from MNI FX BULLETS:
1) Greece calling for fresh elections and jitters about the nation's ability to push through austerity measures.
2) This news, along with talk of GE Capital selling off its A$5bln worth of Australian and NZ mortgage portfolio, led to further euro weakness, with euro-dollar sliding to a $1.4024 low, down from Tuesday's highs of 1.4133.
US Data / Events US FROM MNI FX BULLETS
US data starts at 1100GMT with the MBA Mortgage Application Index,
which is followed at 1200GMT by the latest Building Permits Revision,
while at 1220GMT, US Treasury Secretary Tim Geithner takes part in a
conversation with Mike Allen at the Newseum in Washington.
US data continues at 1230GMT when durable goods orders are expected to fall 2.6%
in April after rising a revised 4.1% in March. Boeing reported only 2
aircraft orders in April, down sharply from the 98 orders reported in
March.
US data continues at 1400GMT with the FHFA Home Price Index and
then at 1430GMT with the weekly EIA Crude Oil Stocks data.
At 1700GMT, Minneapolis Fed President Narayana Kocherlakota delivers a speech to the
Chamber of Commerce in Rochester, Minnesota.
Ashraf
Ashraf
Catnip also mindful of immediate trouble ahead. Wish I could get my head around some of this deep stuff.
http://www.informationclearinghouse.info/article28135.htm
Ashraf
I agree with most of what you said; such as on improving the interface, navigation and backbone of the website & the Premium section. I agree on centralizing the information in one place, but it is still important to channel some info on Twitter. Those who do not have Twitter could still get a lot out of the daily analysis, but those who DO go on Twitter Private Feed will have access to some quick updates on existing trading calls/analysis and even access to my answering some valuable questions from subscribers.
NOTE: I will start blocking all followers to @alaidiPremiumFX and shall start allowing access to ONLY those who are paying subscribers. This will happen by end of month.
Today's 8 charts are here http://ashraflaidi.com/products/sub01/access/?a=428
Ashraf