11-01-12 The Dollar on the Skids - Financial Recklessness // El dólar de los patines - Imprudencia financiero // 关于走下坡路美元- 金融鲁莽

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Information Clearing House Newsletter

News You Won't Find On CNN
January 11, 2011
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US Dollar 'Unstable' Reserve Currency

 

By Press TV

 

Sarkozy considered the current model which uses the US dollar as the primary reserve currency as "unstable" and stressed that it "makes part of the world dependent on American monetary policy."
http://www.informationclearinghouse.info/article27239.htm

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Wage Drop Has Been Worst In Decades

 

By William Alden

 

Wages for American workers have fallen dramatically since the financial crisis, in what will likely turn out to be the worst such plunge since the Great Depression, the Wall Street Journal reports.
http://www.informationclearinghouse.info/article27241.htm

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Geithner Says U.S. Insolvent

 

By Michael S. Rozeff

 

The U.S. government is insolvent. Who says so? Timothy F. Geithner, the U.S. Secretary of the Treasury.
http://www.informationclearinghouse.info/article27238.htm

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Reagan Budget Director Warns
America Has 'Reached The Point Of No Return

 

By Nathan Diebenow

 

"There are no real seriously armed enemies left in the world that can possibly justify an $800 billion national defense and security establishment, including Homeland Security."
http://www.informationclearinghouse.info/article27237.htm