The Great Dollar Crash of '07
Mike Whitney, The Smirking Chimp
...Bush would rather restart the Cold War than abandon the supremacy of the greenback. But, why? Is Dollar-primacy really that crucial to our economy? The greenback is the baling wire that keeps the global economy in the hands of the doddering old misers at the Federal Reserve. It’s the cornerstone of the whole wretched system; a system which now includes torture, extraordinary rendition, and myriad other war crimes. The young Muslim men who are abducted off the streets of Europe and Asia and taken to CIA Black Sites where they are waterboarded or stacked in naked pyramids; are tortured in defense of the crumpled piece of green paper we carry in our pants pockets...
continua / continued
...Bush would rather restart the Cold War than abandon the supremacy of the greenback. But, why? Is Dollar-primacy really that crucial to our economy? The greenback is the baling wire that keeps the global economy in the hands of the doddering old misers at the Federal Reserve. It’s the cornerstone of the whole wretched system; a system which now includes torture, extraordinary rendition, and myriad other war crimes. The young Muslim men who are abducted off the streets of Europe and Asia and taken to CIA Black Sites where they are waterboarded or stacked in naked pyramids; are tortured in defense of the crumpled piece of green paper we carry in our pants pockets...
continua / continued
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