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Posts Tagged ‘dollar’

August 7th, 2011 - 11:19 pm § in America, Hypocrisy

BREAKING NEWS: Ripples of Radical Republican Tantrum Spread Across the World

FINANCIAL CRISIS Asian markets fall on historic US credit downgrade Asian stock markets plunged on Monday morning following an unprecedented downgrade of the US government’s AAA credit rating to AA-plus by Standard & Poor’s and growing worries over the eurozone debt crisis.[...]

April 15th, 2011 - 6:34 am § in Uncategorized

Will the People of Color Alliance (aka BRICS) be the next world power?

BRICS is a grouping of the emerging economic powers.  Most of the news has centered on their effort to create a new world currency, what I call the Omega! Perhaps more interesting, is the odd the mix of ethnic background and political leanings of the leaders of this new Rome: A Sikh Indian leader o[...]

April 9th, 2011 - 6:32 am § in America, Hypocrisy

As Congress punts, the dollar melts.

Ed. Yesterday’s bizarre behavior of the Republican House may meltdown the dollar. from CNBC. excerpted. In 10 months, the Dollar Index has lost 14% because the world keeps accumulating dollar doesn’t want and sells them. Asian central banks are key. “Asia Pacific banks are renowned for[...]

April 5th, 2011 - 9:16 am § in Hypocrisy, Politics, Schools & Colleges, Science

The Republican ignorance agenda

Robin Lakoff, from Berkeley Blog Conservative Republicans have been very busy lately making inroads into teaching and learning at all levels — a curious program, especially at a time when more serious voices have been urging America to strengthen its investment in science and technology in order t[...]

March 27th, 2011 - 1:13 pm § in America, Hypocrisy

Taxing the Rich: Great in Boom Times BAD now!

Nearly half of California’s income taxes before the recession came from the top 1% of earners: households that took in more than $490,000 a year. High earners, it turns out, have especially volatile incomes—their earnings fell by more than twice as much as the rest of the population’s [...]