"Ready For Anything"

"Ready For Anything": "The prices of both oil and gold continue to rise; the former is now trading at nominal all-time highs, while the latter has been hitting new quarter-century highs day after day. This is excess liquidity coming home to roost. While the Federal Reserve continues to raise interest rates to mollify foreign central banks, it’s made it clear that any weakness in either the stock market or the economy will be met with massive infusions of liquidity, and dollar-denominated debt will be inflated away. The world is waking up to this, which is why oil and gold march inexorably higher and the long bond is tanking. This is inflation, and the rest of the world is acting accordingly. Today, Iran’s President Ahmadinejad said, 'The global oil price has not reached its real value yet.” He’s right, of course. He knows that every dollar he receives for his oil today will be worth less tomorrow, so Iran (and OPEC) is demanding ever-higher prices for its only natural resource. The nerve, eh? We won’t take that lying down, whi"

Hissy Fit by digby If you didn't get to see Little Lord

Hissy Fit by digby If you didn't get to see Little Lord: "Hissy Fit

by digby


If you didn't get to see Little Lord Fauntleroy have a temper tantrum in front of the press today, do yourself a favor and check it out.




HENRY: Mr. President, you make it a practice of not commenting on potential personnel move.

GEORGE W. BUSH, PRESIDENT OF THE UNITED STATES: Of course, I did.

HENRY: Calling it speculation.

BUSH: And you can understand why. Because we've got people's reputations at stake. And on Friday I stood up and said I don't appreciate the speculation about Don Rumsfeld. He's doing a fine job. I strongly support him.

HENRY: But what do you say to critics who believe that you're ignoring the advice of retired generals, military commanders, who say that there needs to be a change?

BUSH: I say I listen to all voices, but mine's the final decision and Don Rumsfeld is doing a fine job. He's not only transforming the military, he's fighting a war on terror. He's helping us fight a war"

disney vacation

nonsense