Thursday, October 8, 2009

MUST READ ARTICLES ON DOLLAR COLLAPSE & BANK SAFETY





These articles are so important I want to help spread the word! Two are concerning our Economic/Dollar Collapse and the other shows the real truth about the supposed regulations
obama is pretending to regulate. The last is if your bank is on the list your money is not safe!!!

Here are snippets and links!

HOT: Dollar Intervention!!!

Overnight, the U.S. dollar continued to fall against most Asian currencies, prompting a wave of foreign-exchange intervention by central banks in South Korea, Taiwan, the Philippines and Thailand.

Things are really bad when the Philippines is propping up the dollar. The Philippines!
http://www.economicpolicyjournal.com/2009/10/hot-dollar-intervention.html

Mainstream Media's Failed Reporting on the Dollar Collapse



Gensler: "These Exceptions Could Swallow Up the Regulation"

Today, Gary Gensler, chairman of the Commodities Futures Trading Commission (an agency with responsibility for overseeing derivatives trades) - and one of the main people who blocked regulation of CDS in the past - warned Congress about this issue:

Gensler identified several loopholes in Obama's plan, noting that it would exclude foreign exchange swaps from regulation, possibly encouraging swap dealers to tailor products to fit this foreign exclusion.

"These exceptions could swallow up the regulation," Gensler said in his package to Congress.

As Gensler told Congress:

http://www.washingtonsblog.com/2009/10/gensler-these-exceptions-could-swallow.html

If Your Bank’s on This List Your Money’s Not Safe

More detail and information is available from Calculated Risk, as well as the entire

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