Saudi Arabia is thinking about abandoning
the dollar
Posted By: Hazymac, 3/16/2022 12:03:07 PM
The American dollar is currently the world's reserve currency, meaning it is the primary means of handling transactions between nations that have differing currencies. To qualify as a reserve currency, it must be stable and readily available, and it can be considered a safe-haven currency. In some ways, a reserve currency can become a self-fulfilling prophecy because its very status enhances its value. For Americans, that status helps prop up America's enormous debt load. That's why it was very disturbing to learn that Saudi Arabia, disgusted with the current management in Washington, D.C., is looking to start pricing
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Hazymac"
Writing in the Wall Street Journal, the Hudson Institute's Walter Russell Mead pronounces the Biden administration's great power diplomacy an unmitigated failure. Mead's criticism cannot be dismissed as a partisan attack — he is a member in good standing of the U.S. foreign policy establishment. Mead is also steeped in history and geopolitics — two subjects that appear to have eluded the stalwarts of President Biden's foreign policy team.
"Most ... of the ideas Team Biden brought to the White House," Mead writes, "failed to work," and most of the changes that U.S. foreign policy will require today and in the immediate future "will be toxic to much
We may not have a lot of strength showing from the White House when it comes to dealing with Russia, but it looks like we have some in Alaska.
Russian Duma member Oleg Matveychev, whom some have referred to as the Kremlin’s “spin doctor,” went on Russian state media and said they want reparations for the sanctions that the U.S. imposed upon them.
Matveychev then said he wants “the return of all Russian properties, those of the Russian empire, the Soviet Union and current Russia, which has been seized in the United States, and so on.” As we noted earlier, that included Alaska and even Fort Ross, California,
“She ignored crime victims”: Oregon
governor’s scheme to release convicted
murderers halted by judge 5 replies
governor’s scheme to release convicted
murderers halted by judge 5 replies
MARION COUNTY, OR- Law Enforcement Today has reported several times on Oregon Gov. Kate Brown’s mass release of prisoners ostensibly due to “COVID.”
Now, a judge has ordered a pause on Brown’s early release of prisoners, as reported in the Epoch Times. The new order refers to prisoners who committed crimes as juveniles, which grants part of the relief sought in a lawsuit filed against Brown by two district attorneys and four members of homicide victims.
Since March 1, 2020, Brown has granted early release to nearly 1,200 convicted felons, including 10 convicted murderers.
Marion County Circuit Court Judge David Leith ruled earlier this month that Brown unlawfully conferred her clemency powers
A Russian model who called Vladimir Putin a "psychopath" has been found dead and stuffed inside a suitcase, a report says.
Gretta Vedler, 23, went missing a year ago after her anti-Putin social media rant, but the two events do not appear to be connected.
"Vedler's ex-boyfriend Dmitry Korovin, 23, has now confessed to strangling her to death before driving her 300 miles to the Lipetsk region and abandoning the body in the boot of a car.." the Daily Star reports.
Korovin told authorities that he slept in a hotel room for three nights with her dead body, which was stuffed in a newly bought suitcase.
The country is in the very best of hands — Nancy Pelosi’s trembling hands at the command of what appears to be a cocktail-impaired brain.
Trust me. I know the drinking signs. It’s my considered opinion that the San Francisco-based House Speaker is filled to the gills in the clip you’re about to witness.
It’s bad enough when a Blue Enclave progressive tries to explain military and geopolitical events, like an internet rando on fentanyl trying to explain rocket science to Elon Musk.
Nevertheless, Pelosi’s love for the camera, though unrequited, necessitates that she publicly pontificate whenever the red light comes on, even when her BA count is double the legal limit
The American dollar is currently the world's reserve currency, meaning it is the primary means of handling transactions between nations that have differing currencies. To qualify as a reserve currency, it must be stable and readily available, and it can be considered a safe-haven currency. In some ways, a reserve currency can become a self-fulfilling prophecy because its very status enhances its value. For Americans, that status helps prop up America's enormous debt load. That's why it was very disturbing to learn that Saudi Arabia, disgusted with the current management in Washington, D.C., is looking to start pricing
Taking Calls from Biden
8 replies
Though much attention has been given in the media to Israel’s great unhappiness with the Iran deal that the Americans are close to concluding in Vienna, the UAE and Saudi Arabia are also most unhappy with the revived deal. A report on how they have expressed their alarm and displeasure is here: “Saudi Arabia, UAE leaders not returning Biden’s calls, disappointed with US – report,” by Tal Spungin, Jerusalem Post, March 9, 2022:
"The leaders of Saudi Arabia and the United Arab Emirates have been declining calls from US President Joe Biden for several weeks, The Wall Street Journal reported on Wednesday,
New England’s most prominent exponent of the Black Lives Matter movement is facing charges of bilking donors and using charity funds for personal gain. The highest-profile race activist in Boston, Monica Cannon-Grant, has been indicted by the US Attorney in Boston on 18 counts:
" ...with two counts of wire fraud conspiracy; one count of conspiracy; 13 counts of wire fraud; and one count of making false statements to a mortgage lending business. The indictment also charges Cannon-Grant with one count of mail fraud."
Cannon-Grant founded a group called Violence in Boston (VIB) before the George Floyd death in police custody, but that event and the riots
Keith Olbermann, formerly of CNN and ESPN, and now the host of his own YouTube channel, came out swinging in defense of Dr. Anthony Fauci on Monday — and wound up smacking himself with the idiot stick.
Olbermann, in response to the news that Sen. Rand Paul (R-Ky.) introduced an amendment that would eliminate Fauci’s job as director of the NIAID, told the senator that instead of going after Fauci, he should “become an actual doctor.” “You know what you should do instead of this, @RandPaul?” Olbermann tweeted. “Become an actual doctor.” [Tweet] What Olbermann apparently failed to realize is that Sen. Paul is a doctor.
Saudi and Chinese officials are in talks to price some of the Gulf nation's oil sales in yuan rather than dollars or euros, The Wall Street Journal reported Tuesday, citing people familiar with the matter.
The two nations have intermittently discussed the matter for six years, but talks have reportedly stepped up in 2022, with Riyadh disgruntled over the United States' nuclear negotiations with Iran and its lack of backing for Saudi Arabia's military operation in neighboring Yemen.
Nearly 80 percent of global oil sales are priced in dollars, and since the mid-1970s the Saudis have exclusively used the dollar for oil trading as part of a security agreement
Justice is served! Grand Jury clears Columbus
officer in shooting of 16-year-old Ma’Khia Bryant 12 replies
officer in shooting of 16-year-old Ma’Khia Bryant 12 replies
COLUMBUS, OH – A grand jury has declined to bring charges against the Columbus police officer who fatally shot 16-year-old Ma’Khia Bryant last year. [Tweet] Officer Nicholas Reardon responded to a domestic dispute call on April 2021 on Legion Lane, where he was forced to fatally shoot Bryant as she attacked another girl with a knife
The Fraternal Order of Police said a grand jury declined to bring charges against Officer Reardon. FOP president Jeff Simpson said:
“The jury decided to return a no bill which means they did not proceed with any criminal charges against officer Reardon and found no criminal act. “That is pleasing to hear.
Hunter Biden ex-partner tries to avoid
starting prison sentence, prosecutors
object strenuously 9 replies
starting prison sentence, prosecutors
object strenuously 9 replies
Hunter Biden's ex-business partner was convicted nearly four years ago of securities fraud and still he has not spent a day in prison. And now Devon Archer's lawyers are trying to delay his punishment yet again with a new appeal that did not amuse federal prosecutors.
Archer faces one year and one day in prison and was ordered last month to pay financial penalties of $15 million and over $43 million in restitution.
His arguments to appeal and postpone serving prison time have no merit, the U.S. attorney's office in Manhattan told the trial judge Monday.
"Archer falls far short of meeting his burden of establishing
Most Active Articles (last 48 hours)
A nervous Fauci cites Benghazi probe to
say GOP likely to come after him if they
retake Congress 43 replies
say GOP likely to come after him if they
retake Congress 43 replies
Dr. Anthony Fauci is getting a little nervous.
The White House chief medical advisor, whose handling of the COVID-19 pandemic has drawn either abject endorsement or stinging rebuke depending on whom you ask, expects to face some tough questions come next year. In an interview with The Washington Post, a mouthpiece not known for its hostility to the good doctor, Fauci speculated that he’d likely be in the hot seat if Republicans take Congress in the upcoming midterm elections.“It’s Benghazi hearings all over again,” Fauci told the Post, an odd comment for a supposedly apolitical and neutral medical advisor and chief of the National Institute of Allergy and Infectious Diseases
Disney workers are planning walkouts during their breaks every day this week to protest CEO Bob Chapek's 'slow response' in publicly criticizing Florida legislation that critics have dubbed the 'Don't Say Gay' bill. The act of protest will culminate next Tuesday with a larger walkout by LGBTQ workers and their supporters at Disney worksites in California, Florida and elsewhere, the group of Disney employees said this week on their website. Organizers asked Disney workers to respond online whether or not they were planning to participate in the full-scale walkout next week.(Snip)Statements by Disney leadership over the Florida legislation 'have utterly failed to match the magnitude of the threat
Thousands of American soldiers trained to use surface-to-air missile systems, High Mobility Artillery Rockets and unmanned aircraft are bound for Australia as tensions grow with China.The rotational US Marine force of about 2200 servicemen and women will be based in the Northern Territory during the upcoming dry season from September.It is the 11th deployment to the Top End and for the first time will include 250 US Army personnel, the Australian Defence Force announced. The contingent is part of an ongoing US initiative in the Indo-Pacific region to prepare for a possible Chinese invasion of Taiwan in coming years.
Tulsi Gabbard ‘censored’: Google,
YouTube deem Fox News interview ‘inappropriate
or offensive’ 34 replies
YouTube deem Fox News interview ‘inappropriate
or offensive’ 34 replies
Google and YouTube have declared former Rep. Tulsi Gabbard to be inappropriate viewing.Ms. Gabbard posted a three-minute clip on Twitter on Wednesday evening, most of which was of an appearance by her on Fox News Channel’s “The Ingraham Angle.” (Tweet/Video) But she labeled the clip “this is what Google/YouTube doesn’t want you to say,” based on the first several seconds.The video shows someone logging in via Google and, before the Gabbard-Ingraham interview begins, the viewer is warned that “the following content has been identified by the YouTube community as inappropriate or offensive to some audiences.”
Woke Yale law students have been filmed threatening speakers and staff for attending a free speech event which saw a humanist speaker invited to debate a high-profile conservative on First Amendment rights. Police were forced to escort guest speakers from Yale Law School's free speech debate after more than 100 students intimated a conservative panelist and caused a riot in the auditorium by yelling and blocking exits out of the hall.The chaos broke out last week at the start of a panel featuring progressive Monica Miller from the American Humanist Association and conservative Christian Kristen Waggoner of the Alliance Defending Freedom (ADF) nonprofit.
President Volodymyr Zelensky said Ukraine is going through 9/11 and Pearl Harbor every day, urged the US to protect his skies as he invoked Martin Luther King and the Founding Fathers in a heart-wrenching speech to Congress on Wednesday morning.He also confronted President Joe Biden and told him to become the 'leader of the free world', demanded more sanctions for Russia to stop the 'war machine', asked for fighter jets and shared devastating footage of civilians being maimed in Kyiv as he called on lawmakers to 'do more' to protect his country.'I am addressing the President Biden. You are the leader of the nation, of your great nation.
Evidence has come to light strongly indicating that the Moderna and Pfizer COVID-19 vaccines are not really "vaccines" in the medical and legal sense of the word, but rather "experimental gene therapies." If proven true, the significance and legal ramifications of this allegation are profound. (snip) "By their own patents and reference material, neither Pfizer nor Moderna claims this. Rather, they only classify their products as 'gene therapy.'"
Dr. Martin states the Moderna and Pfizer products "do not prevent you from getting the COVID-19 infection, nor do they prevent its spread. They are really experimental gene therapies
A California father's harrowing final moments have emerged in harrowing police footage showing him scream 'I can't breathe' while dying as he was held face-down on the ground so cops could extract a blood sample. Edward Bronstein, 38, died on March 31, 2020, less than two months before George Floyd was killed by police in Minnesota, after an altercation during his arrest on suspicion of driving under the influence. He was pulled over for a DUI, but taken to a police station after refusing to give a blood sample, which his family says was due to a fear of needles.(Snip)Five officers can be seen kneeling on him
Jussie Smollett is back on the streets again
26 replies
Just five days after going to jail to begin his 150-day sentence, Jussie Smollett is a free man again. Considering what’s been happening in D.C. to people who, at most, trespassed, the whole Jussie saga has been disgusting and this is one more chapter to irritate or even enrage those who believe in the rule of law. However, much as I hate to say this, the appellate court that released him while his appeal is pending probably made the correct legal decision. (snip) Smollett’s attorneys had argued that he would have completed the jail sentence by the time the appeal process was completed
On her MSNBC show early Wednesday afternoon, host Andrea Mitchell hoped that the war in Ukraine “at least is helping the Democrats” politically heading into the midterm elections. Washington Post deputy national editor Phil Rucker agreed with her partisan assessment and touted how President Biden was trying to falsely use the conflict as a “scapegoat” for high gas prices.“And I want to quickly ask both of you about midterms because we have seen the President’s declining poll ratings stabilize and even edge up with the way he’s responded on Ukraine,” Mitchell told her guests in the 12:00 p.m. ET hour.
President Joe Biden called Vladimir Putin a 'murderous dictator and pure thug' in his St Patrick's Day speech on Thursday that started with the quip: 'I may be Irish but I am not stupid'. Biden ramped up his attacks on the Russian leader, a day after finally calling him a war criminal, in remarks that started with him going through his Irish heritage at the annual Friends of Ireland Luncheon. 'Father before I began, bless me, father I'm about to sin,' Biden cracked, making the sign of the cross as he addressed Rev. Thomas O'Connor while standing between Irish and American flags inside the wood paneled Rayburn Room
Russian forces bombed a theatre where hundreds of civilians, including children, were sheltering in the encircled port city of Mariupol on Wednesday, the city council said.Officials said it is impossible to know how many people were killed or injured in the attack on the Mariupol Drama Theatre because the shelling of residential areas continues in the city, meaning rescuers can't reach those in the rubble. Satellite imagery from Monday showed the word 'children' written in large white letters in Russian in front of and behind the theatre building in an apparent effort to stave off any attack by Putin's forces. But two days later, Russian forces bombed the theatre
Comments:
If the $USD loses reserve currency status, the American standard of living will be halved, at least. That would be the worst economic disaster this country ever faced.