G 20 & Obama, not lookin' good

I figured I'd start of the morning completly off topic, this you can almost smile at, if you've ever been in the service, and we don't hear reports of anyone getting hurt.

According to USA Today, quoting a Post made by Goug Staglin on Stars and Stripes Online, this unclassified e-mail was sent by the Force Protection/Antiterrorism office to Army employees at the Kleber Kaserne Army installation in Kaiserslautern, a German city where more than 50,000 Americans live:

Ladies and Gentleman,
The individuals you see in full PPE and the individuals you see in "Arabic attire" armed with AK-47's, pistols and IEDs are role players and/or USAG-K reaction force personnel who are conducting TRAINING. Please stop calling the German Police, Military Police and hiding in your buildings. You will see these people walking around the outside of your offices and near the gates the remainder of the day and I assure you they are only training. Thank you for your vigilance, time and understanding. (Originally Posted in Stars and Stripes Online by Doug Stanglin)

I can see where an exercise like that would get some attention, hopefully word got out before someone had a heart attack or took matters into their own hands..

$$$$$$$$$$$$$$$$$$$$$$$$$$$$

Back on topic, looks like Obama is going to have a hard times making friends at the G 20 Meeting, In fact he might be better off at a TEA Party Rally than in Seoul Korea.  We might be in trouble when the Tresury goes to auction more American Debt next week

China's Dagong downgrades U.S. credit rating to A+

Silver to paper, to?

I'm going to leave Obama and his vacation on the other side of the Planet for the moment.  It's unlikely he'll do anything that will cause immediate damage.  I predict he won't do much more than prove once again he's more politician than statesman.  The real damage has been done much closer to home.  With the exception of the business community, most Americans didn't pay much attention to the Federal Reserve Bank.  Running out of tricks, the Fed decided to try a last ditch effort to stimulate the economy.  They Purposely Devalued the US Dollar.  It's an old trick, in a conversation earlier Lewis, a Grumpy Contributor, who actually understands how the Money Supply Works, and who I wish I could have conned into trying to explained it, put it to me this way;

I think what's going on now with the FED does have something to do with wanting to devalue the currency to make our economy more competitive internationally. However, I believe the main reason is that there simply isn't the demand for more US debt internationally. So the FED is bailing out Congress right now. It is monetizing the debt. This will eventually lead to hyperinflation. The only reason the first round of QE didn't do that, was because the commercial banks were too afraid to lend, and they could get a safe return with US treasuries and shoring up their reserves with the FED.


Also, those commodity spikes we've been seeing recently will hit the stores eventually, full force. Probably starting early next year.

Like I said, monetary policy is very difficult to understand. Good luck trying to explain it to the masses. The best way you can put it is - government counterfeiting. That's really all it is. All states attempt to counterfeit, and devalue the currency. Rome did it by clipping parts of gold and silver coins. We're in the digital age now, with no currency anywhere backed up by anything. It's very dangerous territory. I think we will eventually see a world-wide collapse at some point.