We live in interesting times. I want you to read this article carefully:
http://www.examiner.com/article/dollar-no-longer-primary-oil-currency-as-china-begins-to-sell-oil-using-yuan
Lindsey Williams: "The most significant day in the history of the American dollar, since its inception, happened on Thursday, Sept. 6. On that day, something took place that is going to affect your life, your family, your dinner table more than you can possibly imagine."
"On Friday, Sept. 7, Russia announced, that as of today, we will supply China with all of the crude oil that they need, no matter how much they want... there is no limit. And Russia will not sell or trade this crude oil to China using the American dollar."
"No longer will U.S. sanctions against Iran have a measurable affect, as the rogue nation can simply choose to sell its oil to China, and receive Yuan in return, and use that currency to trade for the necessary resources it needs to sustain its economy and nuclear programs."
Obviously this is a twofold problem. 1.) In the very near future our ability to print money like it's going out of style will be over. Every attempt to "stimulate" our economy will drive inflation to obscene levels. Every session of QUANTITATIVE EASING will cause more problems than it solves. 2.) This puts us in a situation where we either back Israel or back out on our strongest ally in the Middle East... Here's what the prime minister of Israel just said in his state of the union address:
http://www.latimes.com/news/politics/la-pn-netanyahu-obama-iran-20120916,0,208191.story
"Netanyahu, appearing on Sunday TV news shows in the midst of a heated presidential campaign, again urged President Obama to draw a "red line" before Tehran."
"Netanyahu last week assailed the administration for refusing to issue a more specific ultimatum to Iran over the nuclear program, saying that those who refuse to do so "don’t have a moral right to place a red light before Israel," a reference to U.S. pressure on Israel not to conduct a military strike on Iran aimed at its nuclear program."
"What's guiding my statements is not the American political calendar, but the Iranian nuclear calendar," he said."
So, this extremely important ally of ours just happened to be stateside this week. Our president decided that he had better things to do then to meet with a man whose country could literally be wiped off the face of the earth tomorrow if Iran had a nuke...
http://www.examiner.com/article/obama-makes-time-for-letterman-but-not-israeli-pm-netanyahu
On the flip side of this at least QE3 has started up! (sound of cheering in the background from the uninformed and foolish) I mean the last one was super successful, and all the money went right into American pockets... Oh, right, there's this:
http://abcnews.go.com/WN/obama-stimulus-money-spent-overseas/story?id=10002592
"An investigation by ABC News and the Investigative Reporting Workshop found that 79 percent of the program's money has gone to foreign companies, money that Schumer said was "federal tax dollars, the stimulus, which was sold as jobs in America."
"The frustrated senators are concerned, though, that some of the money is also paying for manufacturing jobs in China, and they are pushing a bill requiring that stimulus projects create jobs in the United States. They want the wind energy program stopped before the Chinese turbine manufacturers can collect any money."
Interesting times indeed... Don't forget that Iran and all the protests are really "evangelical islamophobes" fault though!
http://religion.blogs.cnn.com/2012/09/15/my-take-its-time-for-islamophobic-evangelicals-to-choose/
"At a time when U.S. embassies are being attacked and when people are getting killed over an offensive, adolescent and puerile film targeting Islam - beyond pathetic in its tawdriness – we must begin to own up to the reality of evangelical Islamaphobia."
"Many sincere and good-hearted evangelicals have never yet had a real Muslim friend, and now they probably never will because their minds have been so prejudiced by Islamophobic broadcasts on so-called Christian television and radio."
"The events of this past week, if we let them, could mark a turning point - a hitting bottom, if you will - in the complicity of evangelicalism in Islamophobia. If enough evangelicals watch or try to watch the film trailer that has sparked such outrage in the Middle East, they may move beyond the tipping point."
"It is hate speech. It is no different from the anti-Semitic garbage that has been all too common in Western Christian history. It is sub-Christian - beneath the dignity of anyone with a functioning moral compass."
His basic premise is that Evangelical Christians talking about how terrible Islam truly is, is in some form "hate speech" and that we'll all miss out because the truly whole individual has at least one Muslim friend... I'm sorry, but I think that at a time when Muslim terrorists just killed an innocent American an article like this could wait.
I hope this catches you up on the Mid East DRAMA from PJ's perspective.
http://www.examiner.com/article/dollar-no-longer-primary-oil-currency-as-china-begins-to-sell-oil-using-yuan
Lindsey Williams: "The most significant day in the history of the American dollar, since its inception, happened on Thursday, Sept. 6. On that day, something took place that is going to affect your life, your family, your dinner table more than you can possibly imagine."
"On Friday, Sept. 7, Russia announced, that as of today, we will supply China with all of the crude oil that they need, no matter how much they want... there is no limit. And Russia will not sell or trade this crude oil to China using the American dollar."
"No longer will U.S. sanctions against Iran have a measurable affect, as the rogue nation can simply choose to sell its oil to China, and receive Yuan in return, and use that currency to trade for the necessary resources it needs to sustain its economy and nuclear programs."
Obviously this is a twofold problem. 1.) In the very near future our ability to print money like it's going out of style will be over. Every attempt to "stimulate" our economy will drive inflation to obscene levels. Every session of QUANTITATIVE EASING will cause more problems than it solves. 2.) This puts us in a situation where we either back Israel or back out on our strongest ally in the Middle East... Here's what the prime minister of Israel just said in his state of the union address:
http://www.latimes.com/news/politics/la-pn-netanyahu-obama-iran-20120916,0,208191.story
"Netanyahu, appearing on Sunday TV news shows in the midst of a heated presidential campaign, again urged President Obama to draw a "red line" before Tehran."
"Netanyahu last week assailed the administration for refusing to issue a more specific ultimatum to Iran over the nuclear program, saying that those who refuse to do so "don’t have a moral right to place a red light before Israel," a reference to U.S. pressure on Israel not to conduct a military strike on Iran aimed at its nuclear program."
"What's guiding my statements is not the American political calendar, but the Iranian nuclear calendar," he said."
So, this extremely important ally of ours just happened to be stateside this week. Our president decided that he had better things to do then to meet with a man whose country could literally be wiped off the face of the earth tomorrow if Iran had a nuke...
http://www.examiner.com/article/obama-makes-time-for-letterman-but-not-israeli-pm-netanyahu
On the flip side of this at least QE3 has started up! (sound of cheering in the background from the uninformed and foolish) I mean the last one was super successful, and all the money went right into American pockets... Oh, right, there's this:
http://abcnews.go.com/WN/obama-stimulus-money-spent-overseas/story?id=10002592
"An investigation by ABC News and the Investigative Reporting Workshop found that 79 percent of the program's money has gone to foreign companies, money that Schumer said was "federal tax dollars, the stimulus, which was sold as jobs in America."
"The frustrated senators are concerned, though, that some of the money is also paying for manufacturing jobs in China, and they are pushing a bill requiring that stimulus projects create jobs in the United States. They want the wind energy program stopped before the Chinese turbine manufacturers can collect any money."
Interesting times indeed... Don't forget that Iran and all the protests are really "evangelical islamophobes" fault though!
http://religion.blogs.cnn.com/2012/09/15/my-take-its-time-for-islamophobic-evangelicals-to-choose/
"At a time when U.S. embassies are being attacked and when people are getting killed over an offensive, adolescent and puerile film targeting Islam - beyond pathetic in its tawdriness – we must begin to own up to the reality of evangelical Islamaphobia."
"Many sincere and good-hearted evangelicals have never yet had a real Muslim friend, and now they probably never will because their minds have been so prejudiced by Islamophobic broadcasts on so-called Christian television and radio."
"The events of this past week, if we let them, could mark a turning point - a hitting bottom, if you will - in the complicity of evangelicalism in Islamophobia. If enough evangelicals watch or try to watch the film trailer that has sparked such outrage in the Middle East, they may move beyond the tipping point."
"It is hate speech. It is no different from the anti-Semitic garbage that has been all too common in Western Christian history. It is sub-Christian - beneath the dignity of anyone with a functioning moral compass."
His basic premise is that Evangelical Christians talking about how terrible Islam truly is, is in some form "hate speech" and that we'll all miss out because the truly whole individual has at least one Muslim friend... I'm sorry, but I think that at a time when Muslim terrorists just killed an innocent American an article like this could wait.
I hope this catches you up on the Mid East DRAMA from PJ's perspective.
