The Federal Reserve chairman Ben Bernanke said Washington did not know how bad a state the American housing market was in
US setbacks see dollar plunge to near 15-year low
The dollar tumbled to a near a 15-year low against sterling yesterday on fresh signs of economic trouble in the United States.
An 8.3pc crash in US industrial orders and an admission by the Federal Reserve chairman that Washington does not know how bad housing really is set off another day of wild gyrations on the currency markets.
US house prices fell 3.5pc to an average $221,000, the third month of declines. Stocks of unsold homes rose to 7.4 months' supply, the highest since 1993. The US consumer confidence index fell sharply to 102.9.
The "truckers index" of tonnage shipped by US haulage companies was down 1.8pc in October, a leading indicator of contraction. Merrill Lynch called the fall "borderline recessionary".
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2006/11/29/cndollar29.xml
-Jim
Carry a pocket knife ,wear steel toe boots and always make sure that you have the advantage or these savage simians will fuck you up! -- "White Minority" from VNNForum
“To destroy is always the first step in any creation.”
-E.E.Cummings
-New Paltz, NY Mayor Jason West 08/18/2004
Fed Reserve's Rabbi Bernanke. Ha ha-- antis and patriotard Christians don't like beards on racists, but on their kike Fed Reserve Chair, they think it looks downright jewishly rabbi respectable.
http://209.85.135.104/search?q=cache:MG0wdenCv7QJ:www.jtsa.edu/about/communications/media/fall05/conservativemovement/20051118a.pdf+Bernanke+%2Bjewish&hl=en&ct=clnk&cd=2
Born in Augusta, Ga., one of three children,[color="Red"] Bernanke grew up among only a handful of Jewish families in Dillon, where his parents ran a pharmacy.
Yes, that's what I am saying all along: those filthy FRS jews would utterly destroy once Great White Currency, the dollar, by turning it into a worthless paper rant as they did with D-mark in the 1920th.
Yes, that's what I am saying all along: those filthy FRS jews would utterly destroy once Great White Currency, the dollar, by turning it into a worthless paper rant as they did with D-mark in the 1920th.
Always the same pattern , they ruin anything they come in contact with . Like an universal corrosive .
.
[color="Red"]"sneaky 'GD' Jews are all alike." ......Marge Schott
" I'd rather have a trained monkey working for me than a nigger,"
There's nothing federal about the Federal Reserve. It's a privately owned printing press under the umbrella of the global Rothschild money empire. Chairman Bernanke is nothing but the head of a printing company which determines the rate of interest it charges the US for its fancy paper.
The US money system is a religion, in that it is based solely on faith. Fractional reserve banking is the biggest scam every perpetrated on the people of the Earth. Go figure, the public face is even a jew. And a very dweeby looking one at that.
We all live in a place called Rothschildia.
Down on the little man's level, I have been in Australia for the past two months on a company assignment. I will probably be here for another month trying to repair the damage done by a couple of dot-head engineers sent to install a bottleing production line. That is another thread in and of itself. To the point of this thread, my salary is deposited automatically in my bank account and I withdraw from an ATM as I need cash for personal expenses.
Everytime I go, the exchange rate (per the ATM) is more and more in favor of the Aussie dollar. So, I'm getting less Aussie bang for my jewbux. I have noticed a cheapening of the USD of about 1.5 percent since I have been here. I wonder what will happen when we are saddled with the Amero?
Gold is the currency of kings; silver is the currency of gentlemen; barter is the currency of peasants, and debt is the currency of slaves.
________________
I have noticed a cheapening of the USD of about 1.5 percent since I have been here. I wonder what will happen when we are saddled with the Amero?
Ask to be paid in Euros
Yes , just imagine the zog-buck married to the peso , people wouldn't want it , even for wallpaper .
The loonie wouldn't have a chance.
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[color="Red"]"sneaky 'GD' Jews are all alike." ......Marge Schott
" I'd rather have a trained monkey working for me than a nigger,"