You’re not hearing the other candidates talking about it much, Monk, because this hypothesis is nonsense.
Unalien, Sleazyhippo, Panther, and others are right. The conclusions drawn by Mr Buttrill are erroneous.
The US dollar is the world’s reserve currency because it was previously attached to gold and was stable. President Nixon took the USD off the gold standard but it remained the most stable currency available – and it still is. International traders require a stable currency to conduct business. This is a very involved story full of “ifs” and “buts” that can’t possibly be explained in 1500 characters. If you want to know more, go to Zerohedge. They’ve been following the Chinese economic debacle for some time now, and it’s not a pretty sight.
The Chinese stockmarket is tanking. Their bubble has burst. China has pumped 100s of billions of yen into it and it’s still not holding. Their government has threatened to arrest any stockholder who tries to rescue their savings by selling their stock for being “unpatriotic”. They are in a desperate situation and had little choice but to devalue their currency.
The BRICS bank, of which they are a part, won’t allow China SDRs for at least another year because their economy is so unstable.
China isn’t going to economic war. It’s in survival mode…
If that is true then the world has made a grave error betting so much into China, the engine of the world. My concern is that they are positioning for what looks like a major offensive in Southeast Asia, an area well known to be rich in resources, and all their new islands and missile systems are being put in place to keep the U.S. out.
Look what happened to Japan back in the ’70′s. They bought everything American they could lay a hand on in the early ’70′s – Debt, Real Estate, Corporations; name it.
In ’77, the Dollar dropped like a turd in a well. One month it was 380 Yen to $1.00 and a US Marine Private could live like a king in Japan, but within a couple of months, the Exchange Rate changed drastically. Suddenly, the Dollar was only worth 110 Yen and that same Marine Private was whining to his Section Leader (Me) that he couldn’t even afford cigarettes anymore.
More importantly, all that American property bought by Japan was suddenly next to worthless, since they’d bought it all at the Dollar value, not the Yen value. It was 1945 all over again in some ways. Japan took a pounding. Japanese businessmen had “Lost Face” and many killed themselves.
Many of their industries fought like hell to recover, and lowering the prices on their imports was part of that recovery. I’m sure you all remember when Toyotas and Datsuns suddenly became more affordable here in the States, right ? A lot of American businessmen made a killing, buying back what Japan had bought a few years earlier.
Thing is, even though they had a few rough years, they did recover from it and Japan once again has a strong and robust economy and still dominates in some industries.
[-1] August 18, 2015 at 3:46am
I’m pleased that you were able to advise us of that.
The put-downs were beginning to get under my skin…
 August 18, 2015 at 3:06am
I will certainly give Mr Trump credit for two things:
1. Attracting record numbers of people to the conservative message – some of whom who would undoubtedly not have tuned to the debate. That exposed them to the Republican’s very strong line-up and was invaluable.
2. He clearly demonstrated to his fellow candidates that the American people are fed up with politicians who timidly tip-toe around contentious issues. That was a timely education that the GOP desperately needed.
That doesn’t make him the best candidate.
I agree with Mr Beck. In my experience that leopards rarely change their spots. People can give the appearance of change, but after a while the cracks start to appear. So I think it’s a good thing that the primaries are a long way off, as Mr Hannity points out.
I would also say that Mr Trump is connecting with so many people because he’s telling them what they want to hear. Whether he has a rock-hard belief in what he’s saying is another question.
Fortunately there are several quality candidates for America to consider. I, for one, have great faith in the American people (shaken a little by Mr Obama’s second victory, though it was) and I expect that the right choice will be made.
Time will tell. Good luck.
There are a lot of people around the world watching and hoping…
Thank you for making sense. Great post. Trump either is lying about his convictions, or has none. No one can switch within a day on important issues like Abortion funding in a day unless they have no true convictions. He is corrupt, he is big government, he is a bully who has no regards for personal liberties. He is just spouting talking points without substance.
We still have a bit over 5 months before it becomes decision time. Let us allow this process to occur and we see who everybody is and whether or not they are being honest. Duplicity will show itself if it is present.
Just keep two things in mind.
1. Glenn changed his life. He is not the same person now that he was 10 years ago.
2. Ronald Reagan started off his political career as a liberal democrat with lots of progressive ideals.
Problem with Trump is, he wont get the youth vote -- none of my grown kids like him because of his personal remarks about women, etc. Rand Paul is still the only GOP guy who interests them. And their mom (me) is not thrilled with Paul so now what?
people tend to go for the flashy shallowness rather than the humble genuine....It's a political manifestation of a culture obsessed with reality TV and gossip.
nice post...but cannot state enough what Trump says and what he does are two very different things and that is a very dangerous situation... aka Obama
 August 18, 2015 at 2:12am
OK, I haven’t been caned in a while so…
It seems to me that the problem (and its solution) is becoming obscured by quite understandable frustration and fury.
The first thing to do is put the problem of the current illegal population into a separate box and do first things first – which is BUILD THAT DAMNED FENCE.
If that isn’t done first, talking about what to do with illegal immigrants already in your country is pointless and just so much hot air from which nothing will eventuate.
I know that it’s easy for someone who comes from a country separated from its neighbours by thousands of miles of ocean to talk, but to me it seems obvious – just ignore the distractions and build the fence. Once that’s done, and the emotion cools, a sensible policy about who stays and who goes can be formulated.
Until then, I think that Ms Perino is right…
 August 18, 2015 at 1:35am
I agree with your summation of the general frustration with your nation’s political capital city.
Washington has the air of a weary titan, lethargic with age, bloated by permissiveness, mired in the mundane, obsessed with minor enmity and slight, ill-disciplined, ill-directed, uncaring, and grumpy.
Fundamental change is urgently required. Not only to reinvigorate your still-great nation and return it to its proper course, but to continue to lead the world, as it has always done, toward a better, freer civilisation.
Most people in smaller countries such as mine continue to have faith in America, but we are becoming increasingly anxious. We are well aware that if America succumbs, so do we all. As you know, I’m an atheist, but if I did believe in God I’d be doing a lot of praying. As it is; I hope and I make such small contributions as I can to try to persuade people.
That said; I don’t have the faith in Mr Trump that many others seem to have. I have deep misgivings about him and caution that one must be careful for what one wishes.
All that aside; that was a great post. Nice work :)
Because of Mr Trump’s penchant for publicity, there’s a wealth of evidence available. Take a few hours an check for yourself. Once having done so, I’m pretty sure that you’ll agree with me…
 August 17, 2015 at 3:04pm
I also agree with Mr Beck for the most part.
However, I don’t think Mr Trump’s attraction is because of his swagger. I think it’s because Mr Trump is adept at telling people what they want to hear. And dazzling them with constant reminders of his wealth – which may not be as nearly great as he would have us believe.
I’ve spent the last week digging into Mr Trump’s past and I’m left with a feeling of great disquiet. There is a recurring theme of self-aggrandisement, of promising great and exciting things which may, or may not, come to pass, and of lying. When it’s noted that he’s running rough-shod over vulnerable people, his standard reply is “I don’t care”. And he doesn’t. He isn’t frightened of lawsuits, he relishes them and is perfectly comfortable operating right at the edge of the law.
His vulgar personal attack on Ms Kelly wasn’t a momentary failing, it’s his natural response to anyone offering the slightest criticism. He is a bully who has often threatened to stop a project, risking considerable damage to others, until they accede to his wishes. He demonstrated this trait by suggesting that if he isn’t the GOP’s candidate, he might well run as an independent which would likely result in a Democrat in the Oval Office.
You guys have one narcissist in the White House. Do you really want another?
Mr Trump has spent his lifetime trying to impress everybody, but it seems to me that he is trying to impress one person above all others.
Nope. Just plain observation.
Because of Mr Trump's penchant for publicity, there's a wealth of evidence available. Take a few hours an check for yourself. Once having done so, I'm pretty sure that you'll agree with me...
 August 16, 2015 at 5:49am
Did you notice the demonstrator’s signs, 44? The were printed by ANSWER Coalition and PSLweb.
PSLweb (Party for Socialism and Liberation) is a communist organisation referring to itself by the gentler label of “socialist”, presumably so as not to frighten off prospects. It’s latest publication “Revolution Manifesto” is subtitled “Understanding Marx and Lenin’s Theory of Revolution” which is pretty unambiguous.
They intend the overthrow of awful capitalism for much nicer socialism standing as it does for “solidarity, friendship and co-operation between all peoples” requiring “building a new revolutionary workers’ party in the heart of world imperialism”.
Their naivete would be charming were they not suspiciously so well-organised and seemingly very well funded. They are usually in the company of ANSWER Coalition.
Equally well-funded and organised, ANSWER appears to be anti-war. It was formed just three days after al-Qaeda’s 9/11 attack on America with the explicit aim of stopping the US invading Iraq and Afghanistan. The timing is curious to say the least. ANSWER’s website states that it is, at its core, “a partnership between Arab and non-Arab activists” which supports the Palestinian people, Gaza, Cuba, Yemen, Somalia, etc. as well as peace (except for Israel).
As an afterthought they are also against racism in the US.
Question 1. What are they doing here? A membership drive?
Question 2. How did they get into Nancy Pelosi’s inner circle, and who is using who?
so do this...sign up as a "volunteer" for PSLweb or ANSWER, then disrupt their activities.
remember the guy that signed up for PETA but he was a worker at sea world? just be a bit smarter than that guy.
we're doing this in NH and it's working...http://sonsofstark.blogspot.com/
 August 15, 2015 at 12:29am
It’s a sad fact that these horrors will not abate while Mr Obama remains in office – in fact they are likely to escalate.
His administration has funded, and continues to fund, various terrorist organisations around the world, some of which it cynically helped to create. If this can’t be done directly, it’s done by sending aid to those organisations and nations which support the terrorists.
And when innocents such as the kind and lovely Ms Mueller get ground up by these savage and vicious entities, Mr Obama directly intervenes to stop the victims or their families receiving appropriate compensation from the wicked.
Although the EPA was talking about it, it looks as though the superfund thing is now off the table.
I should have dug deeper…
 August 12, 2015 at 7:17pm
There may be more to this than meets the eye, Monk.
According to a Zero Hedge report, a retired geologist who now lives in the area wrote a letter to the editor of the local paper predicting this event SEVEN DAYS before it happened.
His letter is a scathing indictment of the EPA. In his missive he accuses the EPA of likely foreknowledge of the event, and, given his own professional prediction, it seems to be likely that their own professionals must have understood the risks.
However, wait until you read why he thinks that they did it…
Oh wow !!!
Thanks for that article NZkiwi. I hope it gets a lot of attention. I'll send it in to The Blaze.
nz, that seems to be a viable reason of the EPA's actions. This story must breakout.
@nzkiwi more interesting reading from your link http://www.silvertonstandard.com/news.php?search=superfund&catNum=
Thanks for that Celestialfire.
Although the EPA was talking about it, it looks as though the superfund thing is now off the table.
I should have dug deeper...
Having dug down a little further, it's seems that I was seduced by a conspiracy theory.
Silly me - I try hard to avoid them.
I see that the local Navajo Indians are involved in a developing scrap with the EPA over this matter...
 July 5, 2015 at 5:28am
Speaking of mutants, Slayer, I’ve often wondered why Miss Universe is always won by somebody from Earth.
It’s already getting worse. Apparently Spain and Italy are making noises about their own debt levels becoming unsustainable. Their combined debt is so high that Europe and the IMF won’t be able to help them.
Pick a good man whose strength is economic management in 2016, guys. The world is going to need him.
And no, I don’t mean Mr Trump. He’s there for comic relief…
How about somebody like Stalin? He really knew how to reduce aggregate demand.
Are you implying that the American voter gets to choose who will be president? That’s refreshing. Because I was under the impression it was the media, the establishment, and people like soros who choose.
 July 3, 2015 at 12:05pm
OK, but the fact is, Soy, if a people won’t do it for themselves, it will be done for them – as Greece is in the process of discovering…
 July 3, 2015 at 11:57am
So did I, Rob.
I remember the opening lyrics which went something like:
Just good ole boys
Never doing no harm…
Well, they were very wrong about that according to some people. People who are terrified of being labelled “racist” are being manipulated by someone who is looking at his TV and giggling to himself about how easy it all was…
There was a guest on Fox who belongs to a group that uses social media to flood a company with complaints, to make them take some kind of action. It's no so much about being offended, it's about the "change" they want. I'm really troubled to see so many companies cave so easily.
One of the major reasons why the DOH was pulled was the network executives are more worried about what liberal opinion makers are thinking than what their paying customers, the viewers, are thinking. There is a kind of insulation in television that allows them to not feel market forces like every other business. That is why the answer is to go after the advertisers and make them feel the heat.
The same should be done to Walmart, Sears, Target, and every other business that does not return Confederate themed merchandise to their shelves, and tell them that not only will their business not be frequented until the merchandise returns, but until they send their corporate lobbyists to government to petition for an end of the purge .
If the politicians see that the lobbyists have no money to give them because the people are mad about the purge of history, the government will stop purging history. Or so my theory goes.
 July 3, 2015 at 11:49am
I didn’t see the video you mention, but I guess it depends on the attitude a person is displaying at the time.
Thanks Konundrum. And I agree with you. The law seems to have been misapplied.
 July 3, 2015 at 11:26am
I think Scott Walker should be carefully considered. He is tough-minded and pays attention to the economy.
The problems in Europe, and particularly Greece, may well expand and detrimentally affect America because of the high debt level. There could easily be another depression coming and all nations will need to stop printing money and hammer a nail through the chequebook into the desk.
If America doesn’t pick a guy who can get the debt under control, we little guys are in for a world of hurt no matter where we live…
To get the 'debt under control', serious reductions would have to be made to:
1.) Social Security, medicare, and medicaid
2.) Military budget
3.) Federal programs
Besides Rand Paul or maybe Ben Carson, none of the republican are going to touch #1 or #2.
nz, speaking of high debt level, keep a eye on Puerto Rico.