Nice. The US is going to sell Washington State twice, once to Russia and once to Japan.

as usual pulling the wool over people's eyes- and that too maybe half cotton.

And China has $19 bn in foreign exchange reserves? It's more like $1.9 trillion.

The US needs to retain Nevada and Arizona at the very least.
That's where all the nuclear missiles are.

Once they have "sold" these states to the other countries and bailed themselves out of the economic crisis, simply bomb these countries and then do re-construction projects there.
Make them mortgage the states that they had bought from the US to pay for the re-construction.
After a few years, make these countries bankrupt with the re-construction bills and then foreclose on them and take the states back.

That would be the classical "American way" of doing things.

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"Mah deah, there is much more money to be made in the destruction of civilization than in building it up."

-- Rhett Butler in "Gone with the Wind"

Quote:

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Originally posted by investpro

Nice. The US is going to sell Washington State twice, once to Russia and once to Japan.

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".....The most controversial article in the draft agreement is on troop immunity. While the U.S. gives up immunity for U.S. troops who are "off duty and off base" if they commit major or intentional crimes, the U.S. retains the authority to determine whether they were off duty...."

http://www.informationclearinghouse.info/article21086.htm

They must think the Iraqis are some sort of fools.

http://www.informationclearinghouse.info/article21103.htm

Asked by one of the participants whether the $25 billion in federal funding will "change our strategic lending policy," the executive replies: "What we do think, it will help us to be a little bit more active on the acquisition side or opportunistic side for some banks who are still struggling."
Referring to JPMorgan's recent government-backed acquisition of two large competitors, the executive continues: "And I would not assume that we are done on the acquisition side just because of the Washington Mutual and Bear Stearns mergers. I think there are going to be some great opportunities for us to grow in this environment, and I think we have an opportunity to use that $25 billion in that way, and obviously depending on whether recession turns into depression or what happens in the future, you know, we have that as a backstop."

As Nocera notes: "Read that answer as many times as you want--you are not going to find a single word in there about making loans to help the American economy."


The “Dirty Little Secret” Of the US Bank Bailout


http://www.informationclearinghouse.info/article21116.htm

"..Redistribution is never an issue when the money is flowing upwards. It's only when working people are poised to get a few scraps that all hell breaks loose...."


http://www.informationclearinghouse.info/article21140.htm