I spent three hours yesterday searching the website Olber-rot is on, trying to find an email addy to respond to this pathetic excuse for a human being and even less as a friend or news person.  I just got referred to one page after another and the only contact thing that finally popped up was a form to subscribe to their propaganda BS that they call "newsletter"!  I'm sure you have all experienced the rage of not being able to respond to something so outrageously wrong at some time in your life that you realy needed to respond to it.  How dare he OR ANYONE ELSE hold Hillary responsible for what anyone else says or does, including her husband!   I'm sick of the double standards the media exhibits, it is not reporting or journalism.  The majority of what they try to pass off as news is pure cow patties and they don't hold the Bushites or Obamanites to the same standards that they do Hillary and spouse.  I get the impression that most of the media wouldn't recognize a real fact if it sat on their nose!  Daily they become more and more like the yellow scandal sheets found at the checkout stands in grocery stores. There was not one word of condemnation to Obama when he loudly and publicly on many occasions claimed RACE ATTACK and accused Hillary of circulating HIS PHOTO THAT HE POSED FOR in the costume of his ancestors!  Before any of you respond, consider this.   You (insert your own name) need to apologize for what Ferraro said and then do a lot of but kissing to the Obamanites.  No no, a simple aplology and regret is not good enough, you got to kiss up a whole lot more and claim the whole responsibility for what she said! Do it again, and again and again, then keep on doing it because you know it will never be enough for the real bigots and racists!

OLBER-ROT,  YOU SICKEN ME!

CRAWL BACK INTO YOUR HOLE!

 

http://www.msnbc.msn.com/id/23601041

from breadwithcircus.com

The US Dollar Index is a measurement of the value of the US Dollar against a basket of foreign currencies. It is a good way to measure the relative value of the US Dollar, as it eliminates the comparison against only the Euro, or the Yen, allowing more of a big picture understanding of what the dollar is really worth.

This is a chart of the US Dollar Index over the last couple of years. It has declined by 20%.

...promising to pay the money back, with interest, if it is ever needed to pay promised benefits. This process, which occurs every year, is known as The Raid on the Social Security trust funds. Every poll shows that the American people overwhelmingly detest The Raid, but it continues because Congress does not want to stop spending the money gained each year. The $6.5 trillion taxpayer liability that will begin in 2017 represents the additional accumulated cost of The Raid. So taxpayers first paid taxes to create the IOU, and then they will pay a second round of taxes to redeem it. Sounds fair, doesn't it? Blind defenders of the Social Security status quo argue that the IOUs Social Security gets back for The Raid are official government bonds, just as reliable as any other government bond held by investment and retirement trusts across the country. But the real issue is not whether the bonds will be paid back. The problem is that it will be enormously difficult for the taxpayers to pay them back-an additional $6.5 trillion on top of what they already pay in payroll taxes. This enormous tax burden may lead the government to cut some Social Security benefits, which would effectively repudiate some of the bonds. Indeed, savings and investment are nowhere a feature of the Social Security system. The majority of the funds paid into the system each month is immediately paid out in the form of benefits to current retired beneficiaries. Any surplus is spent by the federal government in return for IOUs sent to the Social Security trust funds. That is why Social Security is actually a tax and redistribution system, rather than a savings and investment system. Because Social Security operates this way, it is not a good deal for working people in the long run. Even if Social Security somehow pays all its promised benefits, the real rate of return (the return net of inflation) on all the taxes paid into the system over the years would be... (And he goes on. The book is Real Change by Newt Gingrich).

Barbara Ehrenreich, The Nation, March 11, 2008 How much lower can consumer spending go? The malls are like mausoleums, retail clerks are getting laid off and AOL recently featured on its welcome page the story of a man so cheap that he recycles his dental floss--hanging it from a nail in his garage until it dries out. It could go a lot lower of course. This guy could start saving the little morsels he flosses out and boil them up to augment the children's breakfast gruel. Already, as the recession or whatever it is closes in, people have stopped buying homes and cars and cut way back on restaurant meals. They don't have the money; they don't have the credit; and increasingly they're finding that no one wants their money anyway. NPR reported on February 28 that more and more Manhattan stores are accepting Euros and at least one has gone Euros-only. The Sharper Image has declared bankruptcy and is closing ninety-six US stores. (To think I missed my chance to buy those headphones that treat you to forest sounds while massaging your temples!) Victoria's Secret is so desperate that it's adding fabric to its undergarments. Starbucks had no sooner taken time off to teach its baristas how to make coffee than it started laying them off. While Americans search for interview outfits in consignment stores and switch from Whole Foods to Wal-Mart for sustenance, the world watches tremulously. The Australian Courier-Mail, for example, warns of an economic "pandemic" if Americans cut back any further, since we are responsible for $9 trillion a year in spending, compared to a puny $1 trillion for the one billion-strong Chinese. Yes, we have been the world's designated shoppers, and, if we fall down on the job, we take the global economy with us. Read More Here

Paul Krugman, The New York Times, March 14, 2008 Four years ago, an academic economist named Ben Bernanke co-authored a technical paper that could have been titled "Things the Federal Reserve Might Try if It's Desperate" — although that may not have been obvious from its actual title, "Monetary Policy Alternatives at the Zero Bound: An Empirical Investigation." Today, the Fed is indeed desperate, and Mr. Bernanke, as its chairman, is putting some of the paper's suggestions into effect. Unfortunately, however, the Bernanke Fed's actions — even though they're unprecedented in their scope — probably won't be enough to halt the economy's downward spiral. And if I'm right about that, there's another implication: the ugly economics of the financial crisis will soon create some ugly politics, too. To understand what's going on, you have to know a bit about how monetary policy usually operates. The Fed's economic power rests on the fact that it's the only institution with the right to add to the "monetary base": pieces of green paper bearing portraits of dead presidents, plus deposits that private banks hold at the Fed and can convert into green paper at will. Read More Here