Sunday, April 02, 2006
An inversion of reality, or the reality of the inversion?
UK - Government in secret talks about strike against Iran
The United States government is hopeful that the military operation will be a multinational mission, but defence chiefs believe that the Bush administration is prepared to launch the attack on its own or with the assistance of Israel, if there is little international support. British military chiefs believe an attack would be limited to a series of air strikes against nuclear plants - a land assault is not being considered at the moment.
"If Iran makes another strategic mistake, such as ignoring demands by the UN or future resolutions, then the thinking among the chiefs is that military action could be taken to bring an end to the crisis. The belief in some areas of Whitehall is that an attack is now all but inevitable. [news.telegraph]
Fed Orders 2 Trillion Dollars Printed, Put In Circulation
Three separate sources in the U.S. Treasury have told me that this week, the federal reserve ordered TWO TRILLION dollars to be printed! The U.S. Treasury is allegedly running printing presses 24/7 to accommodate that order. Treasury employees were specifically ORDERED not to talk about this to anyone because it could cause economic collapse.
No they didn’t.....
Editor's Note: On 3/28/06 we published an article which stated that the Federal Reserve has ordered 2 Trillion dollars to be printed by U.S. mints. We mistakenly published this text instead of the one we meant to publish (below) from Free Market News. The report on the Fed's printing of 2 Trillion Dollars is not adequately supported with sources and supporting factual information. Therefore we pulled that article today, March 29, 2006 and replace it with the article we meant to publish. We apologize to our readers for this error on our part. – LMB [Axis of Logic]
FED - 'FESS UP ON M3
Thursday, March 23, 2006 - FreeMarketNews.com
As of today, the Fed has stopped publishing this data for public analysis, and DownsizeDC is not alone in its suspicions about the reasons why. There have been a spate of articles on the 'Net recently speculating about the Fed's fairly dramatic move, some linking it to a possibile Iranian commodities bourse that will offer an
alternative to the so-called US petrodollar. "The Fed is planning to do a lot of 'legal counterfeiting,' and wants to hide it," the release concludes. [FMNN]
So, what’s the lesson in all this?
“He who prints the money makes the rules”-- at least for the time being.