There's alway Hempscript:
Greek granny kept family cannabis business going after son's arrest
from Monsters and Critics Europe News by DPA
http://news.monstersandcritics.com/europe/news/article_1340495.php/Greek_granny_kept_family_cannabis_business_going_after_sons_arrest
>From NewsHounds, spinning FauxNews:
Breaking News: China Threatens to Dump U. S. Treasuries
from News Hounds by Marie Therese
On FOX & Friends First this morning the trio of hosts made the
startling announcement that China has threatened to dump US
treasuries, which would precipitate a recession. According to this
morning's Telegraph "The Chinese government has begun a concerted
campaign of economic threats against the United States, hinting that
it may liquidate its vast holding of US treasuries if Washington
imposes trade sanctions to force a yuan revaluation." In layman's
terms, China doesn't like the fact that a number of Congressmen have
proposed legislation that would protect American businesses by forcing
China to revalue the yuan. With video
The Telegraph article went on to say:
Simon Derrick, a currency strategist at the Bank of New York
Mellon, said the comments were a message to the US Senate as Capitol
Hill prepares legislation for the Autumn session.
"The words are alarming and unambiguous. This carries a clear
political threat and could have very serious consequences at a time
when the credit markets are already afraid of contagion from the
subprime troubles," he said.
A bill drafted by a group of US senators, and backed by the Senate
Finance Committee, calls for trade tariffs against Chinese goods as
retaliation for alleged currency manipulation.
The yuan has appreciated 9pc against the dollar over the last two
years under a crawling peg but it has failed to halt the rise of
China's trade surplus, which reached $26.9bn in June.
Henry Paulson, the US Treasury Secretary, said any such sanctions
would undermine American authority and "could trigger a global cycle
of protectionist legislation".
Mr Paulson is a China expert from his days as head of Goldman
Sachs. He has opted for a softer form of diplomacy, but appeared to
win few concession from Beijing on a unscheduled trip to China last
week aimed at calming the waters.
COMMENT
So let me get this straight.
China - a Communist dictatorship - is in the position of being able to
tell the American Congress what to do because we've been borrowing
astronomical sums of money from them in order to fund a botched war
and give a nice big tax break to the wealthy.
I can't believe this is happening. China is quasi-barbaric nation that
believes the best way to solve its quality control issues is to hold a
show trial and execute the government official responsible for product
safety.
I feel like I've gone down the rabbit hole and there's a large white
bunny telling me he's late, so late, for a very important date while a
smiling cat appears and disappears at will.
The sad fact is that I don't trust this Congress or this President.
I'm afraid that, when the Chinese say "jump," this bunch of
pantywaists will ask "how high?"
What a mess ...
In full:
http://www.newshounds.us/2007/08/08/breaking_news_china_threatens_to_dump_u_s_treasuries.php
