Archive for October, 2009
The GOLD Boom - 5 reasons why fear is spreading through the financial markets…
So let’s see - China has over $1 trillion dollars in reserves. China has the ability to basically wage war with America and not kill a single soldier. It can crush the American economy by simply flooding the system with more dollars that it holds.
The faster China and other nations dump the dollar, the less purchasing power the dollar has. The less purchasing power the dollar has, the more the consumer economy of America has to borrow. It’s an no win game for the negative savings rates of average Americans. China wields tremendous power.
Peeping Tom Michael David Barrett Arrested In Erin Andrews Nude Video Case
A Chicago man was arrested for secretly filming an ESPN reporter while she was alone in her hotel room. Michael David Barrett, arrested in the Erin Andrews nude video case, now faces charges of interstate stalking. Barrett was arrested by the FBI at O’Hare airport on Friday and will face the interstate stalking charges in California. A conviction in this case could bring Barrett a sentence of up to five years in federal prison.
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