Saturday, June 24, 2006

BANK SNOOPING COULD DAMAGE THE DOLLAR...

As if the dollar doesn't have enough problems...!

This Bank Snooping Program that Cheney, et al, are pushing could really damage the dollar; and make Bernanke's desperate "rescue attempt"for the dollar even harder to do.

The mega rich like to hide their money in various off shore locations...of course, the terrorists do too...so there is a problem.

If the few global terrorists go to cash and gold...the mega rich, who are more likely to be caught in any drag net, may be forced out of the dollar too, and into alternative "friendlier" currencies like the Euro or the Yet...

THE BUSH/CHENEY PARANOIA COULD DO SERIOUS DAMAGE TO THE DOLLAR...AS THEY GRASP AT STRAWS TO JUSTIFY THEIR DISASTER IN IRAQ AND AFGHANISTAN...BEFORE THE ELECITONS.

ALAS, BERNANKE NEEDS HELP, NOT HYPE, FROM WASHINGTON, IF HE IS EVER GOING TO STOP THE CURRENT RUSH TO GOLD...AND AWAY FROM THE DOLLAR...