Saturday, January 19, 2008

More News

From http://www.truthnews.us/?p=1714

CFR: The ‘Historical Anomaly’ of the Dollar
CFRJanuary 18, 2008
What if the international currency of the future isn’t the dollar, but isn’t the euro either? James D. Grant, the editor of Grant’s Interest Rate Observer and an expert on financial markets, discusses the “historical anomaly” of currencies like the dollar and the euro as uncollateralized international reserve currencies—that is, ones that aren’t backed by a guarantee that they can be exchanged for something else, such as gold or silver. Grant says the dollar has benefited from a largely successful grand experiment in uncollateralized currencies, but that this dynamic is being tested by current financial trends. For instance, foreign governments with large stock piles of dollars now seek to diversify these holdings, showing that their appetite for the currency has a limit.



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http://www.truthnews.us/?p=1715

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From http://www.truthnews.us/?p=1720


Montana Governor Foments Real ID Rebellion
Ryan SingelWiredJanuary 18, 2008
Montana governor Brian Schweitzer (D) declared independence Friday from federal identification rules and called on governors of 17 other states to join him in forcing a showdown with the federal government which says it will not accept the driver’s licenses of rebel states’ citizens starting May 11.
If that showdown comes to pass, a resident of a non-complying state could not use a driver’s license to enter a federal courthouse or a Social Security Administration building nor could he board a plane without undergoing a pat-down search, possibly creating massive backlogs at the nation’s airports and almost certainly leading to a flurry of federal lawsuits.
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http://www.truthnews.us/?p=1717

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