u ever wonder what its like to be a poor man and go to Harverd


I wonder if he saw all the rich snobs there and thinks all americans with money or who didnt grow up poor are like those snobs?


I wonder if he hates them and everyone else due to this twisted view from his youth


president obama sucks ass, and if it comes out later on, that this fucker is not even really a us citizen, i think he should be jailed or executed. imagine if he fucks this country up and hes not even a citizen!!!!!

if he is a citizen I hope he is thrown out of office and disgraced for what he is doing to us and more for what he is aiming to do

this dirty fuck is the president and slaping flys with his hands in the white house in front of cameras

can you picture JFK doing such a thing? fuckin classless hater


this clown has been in office less time than bush was before the sept 11 attacks. hes already up to his elbows fuckin the country up badly

i wonder how much muck hes going to fuck us with. I hope the republicans take over the house & senete in the next election or we going to be bad off we need to rien in this beast, hes a fucking clown.


I want you guys to watch the world unravel in the next few months and get back to me with plans on how to block his anti american agenda


lets fire this guy and put in bill clinton if you must, i dont care just get rid of him please

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IF YOU GOT HATE IN YOUR HEART, LET IT OUT!!!

lol, feel better bigp?

a little bit but not much



its over in america man, it will take many many years to recover. its gonna suck real bad for poor people in the future,



i even have proof, look at the state of califonia. the policies that have destroyed that state are being drivin very hard by obama and hes trying to hoist them on the whole country

after that it wont be all the jobs money and people worth anything leaving california, but they will be leaving the United States of Amreica as a whole

you can alreay see it happening across the globe. they want to leave americas currency thats just the beiginning. and obama pushing the wealth creaters out of this country as they were pushed out of cali,

other countries will provide favorable laws for them and take all our wealth to thier nations


this country is not strong like it used to be. its mostly filled with lazy morons with a completly fake sense of reality now.

depressing

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If the people weren't so dumb and ignorant about politics and law, this administration wouldn't be pulling this shit on us. They do it because they know they can get away with it.

Look what they're doing while the majority sits back and lets it happen. People warn and speak out about what's going on, but it's hard to get attention when nobody wants to listen. The majority want to continue living in their mindless self-indulging world.

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"And those who resisted were dragged out from their homes. This necklace was fashioned out of their teeth and bones."

I think a lot of the problems facing Obama were promulgated in the previous 8 years and beyond. Obama is just trying to reckon with them. From my viewpoint, he could let the banks and wall street go belly up, start making Government cars, bring along single payer, cut military spending to the bone, stop propping up dictators accross the globe, pull troops out of all foriegn lands, put them on the borders where they belong and a few other things I feel would bring This country around. I realize this will never happen, (lobbiests), but it would be a good start. No real reform can happen as long as lobbiest own DC. I think a law decrying death for bribing of and accepting bribes, by all parties involved in the political spectrum would go a long way towards straightening out this country. Talk about something the "founding Fathers" didn't allow for.

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Life is good, the water is sweet. The ground keeps moving beneath my feet.

the nighmare has already begun my friends. Hope you got your pennies saved up. and even then better hope its not in the US dollar or any bank in america.




Suitcase With $134 Billion Puts Dollar on Edge: William Pesek

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Commentary by William Pesek


June 17 (Bloomberg) -- It’s a plot better suited for a John Le Carre novel.
Two Japanese men are detained in Italy after allegedly attempting to take $134 billion worth of U.S. bonds over the border into Switzerland. Details are maddeningly sketchy, so naturally the global rumor mill is kicking into high gear.

Are these would-be smugglers agents of Kim Jong Il stashing North Korea’s cash in a Swiss vault? Bagmen for Nigerian Internet scammers? Was the money meant for terrorists looking to buy nuclear warheads? Is Japan dumping its dollars secretly? Are the bonds real or counterfeit?

The implications of the securities being legitimate would be bigger than investors may realize. At a minimum, it would suggest that the U.S. risks losing control over its monetary supply on a massive scale.

The trillions of dollars of debt the U.S. will issue in the next couple of years needs buyers. Attracting them will require making sure that existing ones aren’t losing faith in the U.S.’s ability to control the dollar.

The dollar is, for better or worse, the core of our world economy and it’s best to keep it stable. News that’s more fitting for international spy novels than the financial pages won’t help that effort. It is incumbent upon the U.S. Treasury to get to the bottom of this tale and keep markets informed.

GDP Carriers

Think about it: These two guys were carrying the gross domestic product of New Zealand or enough for three Beijing Olympics. If economies were for sale, the men could buy Slovakia and Croatia and have plenty left over for Mongolia or Cambodia. Yes, they could have built vacation homes amidst Genghis Khan’s Gobi Desert or the famed Temples of Angkor. Bernard Madoff who?

These men carrying bonds concealed in the bottom of their luggage also would be the fourth-largest U.S. creditors. It makes you wonder if some of the time Treasury Secretary Timothy Geithner spends keeping the Chinese and Japanese invested in dollars should be devoted to well-financed men crossing the Italian-Swiss border.

This tale has gotten little attention in markets, perhaps because of the absurdity of our times. The last year has been a decidedly disorienting one for capitalists who once knew up from down, red from black and risk from reward. It almost fits with the surreal nature of today that a couple of travelers have more U.S. debt than Brazil in a suitcase and, well, that’s life.

Clancy Bestseller

You can almost picture Tom Clancy sitting in his study thinking: “Damn! Why didn’t I think of this yarn and novelize it years ago?” He could have sprinkled in a Chinese angle, a pinch of Russian intrigue, a dose of Pyongyang and a bit of Taiwan-Strait tension into the mix. Presto, a sure bestseller.

Daniel Craig may be thinking this is a great story on which to base the next James Bond flick. Perhaps Don Johnson could buy the rights to this tale. In 2002, the “Miami Vice” star was stopped by German customs officers as he was traveling in a car carrying credit notes and other securities worth as much as $8 billion. Now he could claim it was all, uh, research.

When I first heard of the $134 billion story, I was tempted to glance at my calendar to make sure it didn’t read April 1.
Let’s assume for a moment that these U.S. bonds are real. That would make a mockery of Japanese Finance Minister Kaoru Yosano’s “absolutely unshakable” confidence in the credibility of the U.S. dollar. Yosano would have some explaining to do about Japan’s $686 billion of U.S. debt if more of these suitcase capers come to light.

‘Kennedy Bonds’

Counterfeit $100 bills are one thing; two guys with undeclared bonds including 249 certificates worth $500 million and 10 “Kennedy bonds” of $1 billion each is quite another.

The bust could be a boon for Italy. If the securities are found to be genuine, the smugglers could be fined 40 percent of the total value for attempting to take them out of the country. Not a bad payday for a government grappling with a widening budget deficit and rebuilding the town of L’Aquila, which was destroyed by an earthquake in April.
It would be terrible news for the White House. Other than the U.S., China or Japan, no other nation could theoretically move those amounts. In the absence of clear explanations coming from the Treasury, conspiracy theories are filling the void.

On his blog, the Market Ticker, Karl Denninger wonders if the Treasury “has been surreptitiously issuing bonds to, say, Japan, as a means of financing deficits that someone didn’t want reported over the last, oh, say 10 or 20 years.” Adds Denninger: “Let’s hope we get those answers, and this isn’t one of those ‘funny things’ that just disappears into the night.”
This is still a story with far more questions than answers. It’s odd, though, that it’s not garnering more media attention. Interest is likely to grow. The last thing Geithner and Federal Reserve Chairman Ben Bernanke need right now is tens of billions more of U.S. bonds -- or even high-quality fake ones -- suddenly popping up around the globe.

(William Pesek is a Bloomberg News columnist. The opinions expressed are his own.)
To contact the writer of this column: William Pesek in Tokyo at wpesek@bloomberg.net
Last Updated: June 16, 2009 15:00 EDT

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Well, maybe my million Dinars will actually have some real value afterall,~LOL. I'll have to transfer them into Euros I guess, and move abroad.

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Life is good, the water is sweet. The ground keeps moving beneath my feet.

More like the last century, Wilson, FDR, and Hoover. Crazy interventionists who couldn't stand the thought of being president and not enslaving others with their power.

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Libertas inaestimabilis res est - Liberty is a thing beyond all price. | Sic Semper Tyrannis

you guys ready for your 99Cent burger costing you $5


hope your employer increase your salary 5 fold when that happens. Unfortunatly we all know they wont

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Yep our country sucks ass anymore

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Will we let Ignorance and Laziness Bring our Demise