Republicans and “Free Market” Zealots Bring Death to America

[Joanne98]

Crude oil for April delivery hit $110 per barrel. The US dollar fell to a new low against the Euro. It now takes $1.55 to purchase one Euro.

These new highs against the dollar are the ongoing story of the collapse of the US dollar as world reserve currency and corresponding collapse of American power.

Each new decision from the insane Bush Regime pushes the dollar a little further along to oblivion. The same Fed announcement that boosted the stock market on March 11 sent the dollar reeling and the price of oil up. The Fed’s announcement that it and other central banks are going to deal with the derivative crisis by monetizing $200 billion of the troubled instruments signaled more dollar inflation.

Of course, something needed to be done to forestall an implosion of the financial system, but a less costly alternative was at hand. The mark-to- market rule could have been suspended in order to halt the forced sale and write down of assets and to provide time in which to sort out derivative values, which are higher than the fire sale prices.

Debt economy has overreached its limit

More pressure on the dollar resulted from the decision to award the European company, Airbus, a $40 billion contract that could reach $100 billion to build US Air Force tankers. In simple terms, that means another $40 to $100 billion added to the US trade deficit, and a loss of $40 to $100 billion in US Gross Domestic Product and associated jobs.

Of course, the Bush Regime had to award the contract to Europe as a payoff for Europe’s support of the Bush Regime’s wars of aggression in the Middle East. Europe is not going to provide Bush with diplomatic cover for his wars and NATO troops for his war in Afghanistan without a payoff.

http://globalresearch.ca/index.php?context=va&aid=8481

[sam sarrha]

1. Let's face it they are working over time to cause a Great Depression "Before" the next election, in

order to stop the next election and impose Milton Friedman Draconian cures on us, just like they did in Argentina, Chile, Brazil.. etc. murdering, torturing and starving about 240,000 people. Friedman's theory's are the basis of the Republican Platform

Friedman's Utopian economics dont work on a democracy.. so they intend to end that first.. they can still invoke the 'Articles of confederation'... destroy the economy-destroy national identity, destroy individual identity.. and rewrite them in the image of Milton Friedman.

it matters not that 'they cant do it', the problem is that they "Religiously' believe they can..!! they essentially believe that if they totally destroy the global economy a "Utopia" will rise out of the ashes.. if all corporations are totally deregulated, all social programs are eliminated, everything government is privatized.. all 'dissidents' are reformed or tortured to death as examples.. to other mentally diseased people who are the source of their failures

read the "Shock Doctrine" by Naomi Klein

[yurbud]

2. in Naomi Klein's SHOCK DOCTRINE, this is how they break countries and buy the pieces on the cheap

[lib2DaBone]

3. Name Bush's Tent Cities..ideas?

Shantytowns formed in cities across the United States in the 1930s, built by people made homeless by the Great Depression. The areas, like this one in Seattle, were nicknamed Hoovervilles because their inhabitants blamed President Herbert Hoover for their plight.


BUSHTELS
BushBurbs
Karl Rove Resorts
BUSH BED AND NO BREAKFAST


:shrug:

[ConcernedCanuk]

4. "Bushwhacked Village"

.
.
.





Look closely America

Might need some construction ideas . . .

Pictures are from

http://memory.loc.gov/learn/features/timeline/depwwii/depress/hoovers.html