George Bush Delivers The Horse's Head
By Mike Whitney
In the last two weeks, the Gulf leaders have watched nervously while the Federal Reserve has slashed rates by a whopping 125 basis points. The cuts are steadily eroding the $1 trillion of capital they have invested in US Treasuries and securities. Indeed, the price of friendship is quite high.
http://www.informationclearinghouse.info/article19280.htm
http://freepage.twoday.net/search?q=Mike+Whitney
In the last two weeks, the Gulf leaders have watched nervously while the Federal Reserve has slashed rates by a whopping 125 basis points. The cuts are steadily eroding the $1 trillion of capital they have invested in US Treasuries and securities. Indeed, the price of friendship is quite high.
http://www.informationclearinghouse.info/article19280.htm
http://freepage.twoday.net/search?q=Mike+Whitney
rudkla - 5. Feb, 09:05