Former UK Prime Minister Blair Reveals Iraq Pledge To Bush - Former UK PM Tells Iraq War Inquiry That He Told US President "You Can Count On Us" Eight Months Before 2003 Invasion - By Al Jazeera English (22/1/11) PDF Print E-mail
Al Jazeera English   
Saturday, 22 January 2011 09:31

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Obama Misinforming Public About U.S. Dollar And Yuan - By The National Inflation Association (22/1/11) PDF Print E-mail
The National Inflation Association   
Saturday, 22 January 2011 09:26

President Obama's comments on Wednesday in a joint press conference with Chinese President Hu Jintao, misinformed the public about potential changes in foreign exchange rates and their effects on U.S. citizens. Obama on Wednesday said that he would like to see the Chinese yuan appreciate faster in value. While Hu indicated that China is committed to allowing the free market to better dictate the value of the yuan, Obama said China is implementing their steps to allow the yuan to appreciate "not as fast as we'd like."
 
For years, the U.S. has been criticizing China by calling them "currency manipulators". The fact is, the Federal Reserve is the real currency manipulator because their actions will soon lead to a U.S. Hyperinflationary Great Depression that destroys the lives of all Americans who aren't prepared for life with a worthless U.S. dollar. All China is doing is pegging the yuan to the U.S. dollar so that their product manufacturers and exporters can maintain some level of stability. However, the U.S. is using this as an excuse to explain its rapidly deteriorating export market.
 
Obama was correct when he explained to the world how China would benefit by having a stronger yuan. Obama understands perfectly how a stronger yuan would bring down prices for Chinese citizens and allow them to enjoy a much higher standard of living. In fact, NIA believes China could solve their current inflation crisis simply by allowing the yuan to appreciate alone.
 



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Tony Blair Had Way Out Of Iraq Invasion, Chilcot Inquiry Told - As Former PM Is Recalled To Give Further Evidence, Notes Reveal Jack Straw Argued There Was 'One Last Chance To Avoid War' - By Richard Norton-Taylor (22/1/11) PDF Print E-mail
Richard Norton-Taylor   
Saturday, 22 January 2011 09:19

Guardian, UK

Tony Blair was offered a way out of attacking Iraq at a secret meeting with his foreign secretary Jack Straw eight days before the invasion, according to documents lodged with the Chilcot inquiry, which tomorrow will question the former prime minister for a second time.

An anonymous official told the inquiry: "I recall a meeting with the prime minister where the foreign secretary [Straw] made the argument ... for the UK military not being involved.

"The point the foreign secretary was making, in my view, was that this was the final opportunity to decide on a different track – advising the prime minister that he still had a chance to avoid it if he wanted to ... The argument he was making was more in terms of, 'If you want to avoid your own resignation, prime minister, you still have an opportunity and here it is. You have a way out and why don't you take it?'"

The note by the anonymous official continues: "It was offering the prime minister a way out if he wanted it ...The thing that I was absolutely struck by privately was the prime minister's response, the speed of it and the absolute insistence of it, and the fact that he had got his arguments all marshalled and all laid out."



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How The Power Of Myth Keeps Us Mired In War - By Ira Chernus (22/1/11) PDF Print E-mail
Ira Chernus   
Saturday, 22 January 2011 09:09

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Hoisington Fourth-Quarter Report - By Van Hoisington and Dr. Lacy Hunt (21/1/11) PDF Print E-mail
Van Hoisington and Dr. Lacy Hunt   
Friday, 21 January 2011 13:25

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