marlon menezes wrote: > In the video below, we see Bush promoting home ownership and bragging about > the half trillion in increased > lending to minorities and a reduction of restrictions and controls for home > ownership. > http://www.youtube.com/watch?v=kNqQx7sjoS8
Marlon, The date on the above video, March 17, 2002 (St. Patrick's Day) has a special significance me and other gold bugs. I was in a pub in Napa Valley, California watching the faith based leader when the woman who was courting me said, "You know what, this guy is going to ruin the USA and the US dollar." That was the last day gold was at $292.00. The price of gold never returned to that price. In fact, it has tripled since. Coincidence? > Secondly, the two countries that have been the most badly affected by the > banking crisis are the US and England. On the other hand, the countries that are least affected by the US financial crises are those countries that were not hell bent on keeping their cash reserves in US dollars. As you know, all the major US banks have failed and are kept open today only because the US uses taxpayers money to support them. The UK has effectively nationalized their banking system. It is sort of like time travel to Indira Gandhi's days i.e. the time when people still believed that the govt could run banks better, with the same failed managers, if taxpayers money was used to pay for the bankers blunders. According to my newspapers today, the world is now looking to the socialist countries of Canada and Spain for the future of banking. No matter what Bush 43 or Greenspan says, there is no industry in the world that can self regulate itself. The financial systems of both Canada and Spain are in good shape only because regulations that were in place were; 1) not removed and 2) adhered to. Lastly, this weekend, the G20 named the Canadian deputy Minister of Finance as the co-chairman in charge of improving financial services and regulations in the group. The other co-chairman? Rakesh Mohan, deputy Governor of the Reserve Bank of India. Here is the link: http://www.theglobeandmail.com/servlet/story/LAC.20090216.RGSEVEN16/TPStory/?query=reguly Mervyn1650Lobo A Canadian woman has twins and gives them up for adoption. One of them goes to a family in India and is named "Ahmal." The other goes to a family in Spain; they name him "Juan." Years later, Juan sends a picture of himself to his birth mother. Upon receiving the picture, she tells her husband that she wishes she also had a picture of Ahmal. Her husband responds, "They're twins! If you've seen Juan, you've seen Ahmal." __________________________________________________________________ Yahoo! Canada Toolbar: Search from anywhere on the web, and bookmark your favourite sites. Download it now at http://ca.toolbar.yahoo.com.
