El Conquistqdor Francisco de Orellana

El Conquistqdor Francisco de Orellana
The Conquistador who put the Amazaon baisn "on the map"....Francisco Orellana

Wednesday, April 10, 2013

More reasons not to live in the USA....from our man stateside...Richard of Danburry, D.S.G

Economics…

Obama administration pushes banks to make home loans to people with weaker credit

“If that were to come to pass, that would open the floodgates to highly excessive risk and would send us right back on the same path we were just trying to recover from,” said Ed Pinto, a resident fellow at the American Enterprise Institute and former top executive at mortgage giant Fannie Mae.
Read more
Edit.  Perhaps the reckless Obama Administration considers this a hair of the dog that bit ya’, but undoubtedly this is just some additional Socialist tactics to drive down the economy. Worthless deadbeat mortgages were what triggered the debacle back in 2006 – 2009, from which we have not yet recovered.

Thanks, World Reserve Currency, But No Thanks: Australia And China To Enable Direct Currency Convertibility

Over the weekend, Australia appears to have come to the same conclusion, with the Australian reporting that the land down under is set to say goodbye to the world's "reserve currency" in its trade dealings with the world's biggest marginal economic power, China, and will enable the direct convertibility of the Australian dollar into Chinese yuan, without US Dollar intermediation, in the process "slashing costs for thousands of business" and also confirming speculation that China is fully intent on, little by little, chipping away at the dollar's reserve currency status until one day it no longer is.
Edit. This is a direct result of the Federal Reserve’s dollar printing policies. As the Fed ignites inflation through the 24/7 printing presses, our trading partners and creditors, by the way, realize that we will be paying off our debt in increasingly worthless dollars. They therefore are hedging their bets by divesting in any way they can from accumulating dollars including eliminating all trade transaction in the world currency reserve, aka American Greenbacks.
Folks, it appears the chickens are coming home to roost as foreign trade seems to seek shelter from the American dollar …and this is only the tip of the inevitable iceberg as cause and effect takes its toll. Watch and pray, folks, watch and pray.

rumors of wars…

U.S. Amassing B-1 Strategic Bombers Near North Korea

“Late last night I monitored “DARK flight of seven” on PRIME (311.000 MHZ STRATCOM PRIMARY) asking for current weather for UAM [airport code for Guam - Andersen Air Force Base]. On the frequency of 251.100 MHz, DARK flight also was calling for “GASSR 11 and GASSR 12″ (KC-135s) for “Tanker drag to BAB [Beale AFB, California]“.
“Dark” is the standard radio call sign for the 7th Bomb Wing’s B-1s based at Dyess AFB, near Abilene, Texas.
Edit.  Don’t think that this is a unilateral move folks, China is moving troops toward the border with North Korea and Russia is also deploying naval vessels to the area. All this for a two-bit nation that is essentially the mouse that roared. Perhaps if we hadn’t backed North Korea up to the wall with the sanctions that only inflict burden on the populous too weak to rebel we wouldn’t have this crisis today. Sanctions, IMHO, are an non-military act of aggression that is only a prelude to war.
The actual danger in all of this North Korean business is not the rinky-dink nation but the super powers surrounding it.

Health and Wellness: formerly called Emerging Illnesses (Pestilence)…

USDA caves to food industry pressures, approves three new toxic meat preservatives

According to Courthouse News Service (CNS), sodium benzoate, sodium propionate, and benzoic acid will now be permissible for use in preserving and treating meat and poultry products, despite having been previously banned. FSIS has long been of the persuasion that major food corporations would attempt to use such additives to "conceal damage or inferiority in meat and poultry," but the agency's view has apparently changed.
Edit. So once again Big-Ag has won out over the health of the American consumer. Obviously, it is time to start raising backyard poultry and rabbits in addition to your gardens. It is your only assurance of reasonably safe food.

Devastating honeybee loss reported across United States expected to impact food prices

The disorder has significantly affected bee populations since the 1970s with a sharp increase in losses since 2006. Now, as beekeepers return to their hives to prepare for spring pollination, they are finding that at least half of their bees are gone.
http://www.catholic.org/green/story.php?id=5043



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