03/21/09

US is Already Bankrupt: Analyst

China backs talks on dollar as reserve -Russian source

From Survival Blog:

The Mother of All Depressions (MOAD) “The meeting of the G20 in London on April 2, 2009 will be the most important financial meeting in history. If the delegates do not adopt a new gold standard of honest money, the dollar will totally default within a few months. The fuse has been lit. There is nothing the government can do beyond what they have already done. Nothing has worked. Nothing can work.

UPDATE: March to Socialism – what march, it’s already here… How come The One always pulls this crap in the dead of night, late Friday or on a weekend when he thinks no one will notice? From Drudge:

Obama will call for increased oversight of ‘executive pay at all banks, Wall Street firms and possibly other companies’ as part of sweeping plan to ‘overhaul financial regulation’, NY TIMES reporting Sunday, newsroom sources tell DRUDGE… Developing…