Don't Americans realize what this means to them personally? As readable in the screen print above about Benanke - of the US Central Bank (Federal Reserve) - will go "down in economic history as the man who killed the greenback on the operating table".
As said in a previous article I sent in a News Update - you may have $300,000 in savings but you could end up only buying a loaf of bread with that amount of money.
Barely a month ago - Sep 7 2009 - the United Nations conference on Trade and Development issued a report that blamed the "dominance of the dollar" for playing an important role in the recent build-up of global imbalances. About a month later (Oct 7, 2009) China and Russia declared a "New World Order" ... and in less than a week the US$ is no longer the world's reserve currency. How long do you think the world will do anything to help our government pay for our military with many wars across the globe? How long do you think it will be before we witness our government totally freaking out in panic behavior. I will definitely be monitoring how corporate-government media spins that!
My greatest fear is some crap false flag to suddenly happen to totally distract the American populous - from a cyber attack on banks to an actual bomb somewhere. Desperate people do desperate things - and given the headline from the New York Times today ... it won't be that long before desperation will clamp on to those in bed with banksters (our government). Falsely believing China would keep the US$ alive is childish thinking especially with all the war talk out of Israel wanting to bomb Iran and it centering and dancing around the little three letter word OIL.
From the Drudge Report:
Nebraska: Coldest early October...
Lincoln Journal Star: Oct. 1-11 was the coldest Oct. 1-11 period on record for Lincoln, with records going back 123 years to 1887.
High temperatures over the weekend were usually the highs Lincoln records for early to mid-December, according to Dewey, professor of applied climate science at the University of Nebraska-Lincoln.
Saturday's high temperature at the Lincoln airport was only 38 degrees. The previous record low maximum for the date was 41, set in 1987.
Sunday's high temperature was only 40 degrees. The previous coldest maximum was 47, in 1946.
Similar record-low maximums were set across much of Nebraska. Several cities also had record minimums.
Dewey said the average temperature for the first 11 days in Lincoln was 46.7 degrees, almost a full degree colder than the 48.6 degree average temperature for Oct. 1-11, 2000.
Also in top 10:
1935: 49.3 degrees
1925, 1977: 49.6 degrees
1987: 50.3 degrees
1985: 50.4 degrees
1891: 50.7 degrees
1952: 51 degrees
1988: 51.1 degrees
1959: 51.4 degrees
The weekend cold was part of an Arctic blast that also brought snow to most of Nebraska. On Saturday, the North Platte airport record 13.8 inches of snow -- not only a daily record but more snow in one day than the city had ever received in the full month of October.
Sunday night, another weather system brought a new band of snow to the central and northern Sandhills, with average snow accumulations between 1 and 3 inches.
Temperatures are expected to improve somewhat the next couple of days, but rain is likely Tuesday afternoon and night, the weather service said.
Highs should reach the mid-40s Tuesday, around 50 Wednesday and Thursday, the upper 50s Friday and Saturday and the lower 60s on Sunday.
TYPHOON PARMA JUST DOESN'T STOP!
Despite passing over Northern Philippines TWICE and crossing Hainan Island, Parma still has enough left in her to threaten Vietnam with wind speeds of 100 kph (60 mph). Note the eye of the storm is still intact as it approaches the North Vietnam coast. This storm has been creating havoc in the Far East for almost two weeks.Beijing (AFP) Oct 13, 2009 - Three fishermen died as Tropical Storm Parma slammed into south China, causing torrential rain and high winds, state media said Tuesday. Rescuers discovered their bodies after Parma hit Hainan Province Monday, causing a boat to sink off the coast of Wanning city, according to the Xinhua news agency. Nine fishermen on the vessel fell overboard, Xinhua said, citing a spokesman for the ... more
Or about how they have lowered the price of milk so low that thousands of small dairy farms will go out of business. The farmer barely made a living when they received $.50 cents from every gallon of milk sold. Today, they are now getting $.20 per gallon. The Federal Govt. subsidizes huge corporate farms while leaving the small farmer to fade away. They even control how the dairy farmer can advertise their products.....
CLASSIFIED INCOMING FROM SPACE HITS INDONESIA
Space.com | June 10, 2009 - Incoming space rocks now classified by military
The Jakarta Post | October 10, 2009 Blast may be result of falling space waste or meteorite
The Jakarta Post , Jakarta
An expert from the National Aeronautics and Space Agency (Lapan) said Thursday a blast that had frightened residents of Pallete village in the South Sulawesi regency of Bone earlier in the day might have come from falling space waste or a meteorite.
Lapan Center for Climate and Atmosphere Science Implementation head Thomas Djamaluddin said accounts of the explosion from local residents indicated it was likely a falling meteorite.
"But it could also be falling space waste. We’re still investigating it," he told The Jakarta Post.
Space junk includes discarded materials from rockets, satellites or space stations, Thomas said.
South Sulawesi Police spokesman Sr. Comr. Hery Subiansauri said the blast was not from a crashed airplane.
Commander of Sultan Hasanuddin Military Airbase in Makassar, Commodore IB Putu Dunia, said the Air Force’s Sukhoi jets and choppers carried out routine sorties in the morning, but not as far as Bone. (bbs)
WILMINGTON, Del., Oct 13 (Reuters) - Capmark Financial Group Inc will likely become one of the largest commercial real estate lenders to fail, highlighting the challenges facing the deteriorating market for retail and office buildings.
A source told Reuters on Monday that Capmark would file for bankruptcy as soon as next week, with about $10 billion in assets. [ID:nSP460515]
Restructuring specialists said Capmark's troubles are a symptom of of the wider collapse in commercial real estate values and a signal of tougher times ahead for lenders and developers.
"I don't want to belittle Capmark," said Jeffrey Rogers, president of Integra Realty Resources Inc in New York, "but it's just a pimple on what's out there.".....
BEIJING, Oct. 13 (Xinhua) -- China said Iran will play its due role as observer of the prime ministers' meeting of the Shanghai Cooperation Organization (SCO), a spokesman for China's Foreign Ministry said Tuesday.Spokesman Ma Zhaoxu made the remarks at a regular news briefing.
Mohammad Reza Rahimi, first Vice President of Iran, will attend the eighth prime ministers' meeting of SCO member states slated for Wednesday. Chinese Premier Wen Jiabao will meet with him, Ma said.
"As a SCO observer, I believe Iran will play its due role like other observers," He said.
The SCO groups China, Russia, Uzbekistan, Tajikistan, Kyrgyzstan and Kazakhstan. Leaders from four observers-Mongolia, India, Iran and Pakistan will also be present at the meeting. China has also invited Afghanistan leader as well.
A REVOLUTION IS BREWING
ACOMA PUEBLO - Indigenous people from across North America will meet in Acoma in late October to launch a campaign to end recent efforts to resume uranium mining, which is seen as a threat to Indian lands in several Native locations across the country.The Seventh Indigenous Uranium Forum was established in 1987 with conferences on the environmental and health effects of uranium development in the Grants Mineral Belt.
Since its inception the forum has developed as a vehicle for strategy development and coordination of communities along the lifeline of nuclear power, from uranium mining in Grants to nuclear waste storage at Yucca Mountain in Nevada.
The Bagheera kiplingi – named for the kindly panther in Rudyard Kipling’s The Jungle Book – is a jumping spider that lives in acacia trees....
We need to continue to send prayers for those in the military - there are alot of young people all over the globe.
My news blog: The Cave
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