Showing posts with label full faith and credit of the united states of america. Show all posts
Showing posts with label full faith and credit of the united states of america. Show all posts

October 03, 2007

Because of the Iraq debacle, the housing bubble and The Fed's deceptive behavior, has the world lost trust in America (and the dollar) for good?

Trust is one of the hardest things to earn and one of the easiest things to lose.

Because of Ben Bernanke's desperate, deceitful and damaging actions a few days ago that purposefully destroyed the US dollar (and holders of US debt), combined with the Greenspan Fed's reckless bubble-inflating stupidity that caused this worldwide credit and housing bubble to form, and combined with The Worst President Ever's horrific performance these past six years...


Has the world now simply lost trust in the United States of America, its currency, its government, its auditors, its regulators and its financial institutions?


(note to HP US readers - yes, seeing the American flag upside down, an internationally recognized
symbol of distress, should upset you. But seeing what's happened to our country, our financial system and our currency should be even more upsetting. The image is not one of disrespect. It is one of distress)