as our economy spirals into destruction,we are again distracted by bullshit.

w8liftinglady

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Thu Sep-20-07 02:14 PM
Original message

as our economy spirals into destruction,we are again distracted by bullshit.

a good article on what is happening to our economy
http://www.globalresearch.ca/index.php?context=va&aid=6239
the dollar becomes further devalued against euro

http://uk.reuters.com/article/usDollarRpt/idUKN2042711620070920

Bernanke working to prevent another subprime rout
http://www.bloomberg.com/apps/news?pid=20601087&sid=aXya59FHgojU&refer=home

Is China quietly dumping US Treasury bonds?
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/09/05/bcnchina105.xml

U.S. household income map

food insecure households
http://www.hungerinamerica.org/who_we_serve/Food_Insecurity/household_insecurity_number.html
Of households with children under 18, approximately 2.7 million are food insecure, of which approximately 1.2 million are experiencing hunger.
The comparable numbers of households with a senior member age 65 or older are 1.2 million and 0.4 million.

economic numbers from 2005-see how we have changed in less than 2 years
http://www.theodora.com/wfbcurrent/united_states/united_states_economy.html

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Trisket-Bisket

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Thu Sep-20-07 02:23 PM
Response to Original message

1. Please use a link.

You have a HUGE post that is very hard to resd.

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Kolesar

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Thu Sep-20-07 02:24 PM
Response to Original message

2. China has a hold on our debt, but they really cannot let go

They are going to have to be content to let that giant pool of earnings lose value incrementally. Otherwise, they could just be getting "cents on a dollar" for their US holdings.

(that graphic is way big in this view. maybe you want just a link?)

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