Meet the World's New Reserve Currency

The Chinese Yuan

By Mike Whitney

Things are getting worse. On Friday morning, futures trading was halted for the 
first time ever after futures plunged more than 5 percent. The sell-off came 
after another 500-plus down day on the Dow followed by steep declines in 
equities markets across Europe and Asia. 
http://www.informationclearinghouse.info/article21090.htm

===

Down For The Count

"The whole system is contracting"

By Mike Whitney

The US Treasury and Federal Reserve are now underwriting the entire financial 
system. The free market has been abandoned altogether. Everything from 
commercial paper to money markets is now backed by the "full faith and credit 
of the United States". 
http://www.informationclearinghouse.info/article21087.htm

===



The Grand Merger!

By Rev. Richard Skaff

Lawlessness in government has become the rule of the land. Loyalty to the party 
superseded the loyalty to the country, which is a déjà vu phenomenon in the 
archives of fascism. The stench of our political sewage system has contaminated 
our nation and the world. Mendacity became truth, and manipulation became 
intelligence and virtue. 
http://www.informationclearinghouse.info/article21084.htm

===

What "Incredibly Tough" Foreign Policy Actions is Obama Preparing?

By Patrick Martin

Behind closed doors, before select audiences of the financial and political 
elite, Biden has given a glimpse of the real perspective of the Democratic wing 
of American imperialism. 
http://www.informationclearinghouse.info/article21083.htm

===

Shame And The 2008 Election

By Angie Riedel

The very idea of the people having anything resembling a fair share of 
prosperity or having any true freedom has become officially undesirable. Such 
things would threaten the imperial rule of this globalist oligarchy. All that 
matters to them is themselves. The only other thing that matters is that we 
comply. And should we fail to comply the punishments are ever more swift in 
coming. 
http://www.informationclearinghouse.info/article21089.htm

===


Signs of slowdown spiral around the world: 

$16.3 trillion in stock value lost since Sept. 1; some brokers fear more drops
http://www.msnbc.msn.com/id/27370145/


====


  
Subject: Henry Paulson / U.S.-China Economic Relations - video


video:
http://www.c-spanarchives.org/library/index.php?main_page=product_video_info&products_id=281907-1

 
Treasury Secretary Henry Paulson talked about the global economy and financial 
markets, economic relations with China and the U.S.-China Strategic Economic 
Dialogue (SED).
This was the keynote speech at the annual gala of the National Committee on 
U.S.-China Relations, held at the Plaza Hotel in New York City.

U.S.-China Economic Relations

ID: 281907-1
Format: Speech
Event Date: 10/21/2008
Length: 16 minutes
Location: New York, New York

====

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