US

2 votes

S&P Board Fires ECO Deven Sharma Over U.S. Downgrade

You just can't make this stuff up ...

S&P Board Fires CEO Deven Sharma Over US Downgrade
The FT reports tonight that the Standard and Poors board has canned CEO Deven Sharma over the US ratings downgrade.
Reports indicate that Citibank's COO Douglass Peterson will take over as the new CEO.
Yup, that's right, Citibank. ... More

http://silverdoctors.blogspot.com/2011/08/s-board-fires-ceo-...

0 votes

Bailouts and how did they work?

I have been researching the history of the dollar and I found a useful site,

http://www.oanda.com/currency/historical-rates/

I found that in the summer of 2008 the US dollar became worth more and more against the Pound, Euro, CAD dollar, etc. The trend seems to be universally consistent.

The Bailout happened why? Why dillute a dollar that is strengthening and if you are going to dillute it...why give the money to the banks?

The emergency looks like it if we'd let it play out, would've made individual Americans wealthier.

2 votes

81 Members of US Congress, led by Steny Hoyer, on Israeli Tour, Sponsored by AIPAC

Wondering where your congressman is these days ??

One-fifth of the US Congress is currently in Israel on a free trip sponsored by the American Israel Educational Foundation, an affiliate of the largest Zionist lobby in the US: the American Israel Public Affairs Committee.

Although accepting free trips from lobbyists is illegal for Congress members under US anti-graft and corruption laws, the trips to Israel have been granted a special exception by the Congress.

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