Comments

1. It sez:

   The Imminent Dollar Crash

   While George Shultz personifies that faction of the Anglo-American financial oligarchy that has been obsessed with tearing down the FDR legacy for decades, it must be emphasized that the drive now to loot the Social Security Trust Fund goes way beyond ideology. The urgency is driven by the growing recognition that the entire post-Bretton Woods floating-exchange-rate system is about to crash.

   At the recent Davos World Economic Forum and the Group of Seven meeting of central bankers and finance ministers in London, a series of leading "Establishment” figures admitted that the net inflows into the U.S. equity and bond markets, which have prevented a precipitous crash of the dollar up until this point, are about to dry up. C. Fred Bergsten told the Davos attendees that the U.S. economy now depends on a net inflow of nearly $5 billion per day, to cover the mushrooming U.S. Federal government deficits and current accounts deficits. Fan Gang, a leading Chinese economist, openly stated at Davos that China could no longer justify pouring good money after bad to defend the dollar.

   On Feb. 4, on the eve of the G-7 meeting, former U.S. Treasury Secretary Robert Rubin, in a debate with Federal Reserve chairman Alan Greenspan, warned that the U.S. deficits were unsustainable and that a systemic crisis was being fuelled by the Fed and the Bush Administration’s refusal to deal with the debt bubble.

   For Shultz and his ilk, the answer to the prospect of a drying up of foreign cash flows into the U.S. is simple: Steal the biggest untapped income stream left in the bankrupt domestic U.S. economy—the Social Security taxes. Forget about "saving Social Security.” Forget about Bush Administration concerns about the retirement funds for young workers. This is a Schachtian grab pure and simple.

   Comment by Lawrence — 2/25/2005 @ 11:44 am

2. Hi! kanji kanji Andy here. What am I using this headset for? Web lesson corner! Would you like me to give you a web lesson?

   They have turned you into a professional call girl for english, andy

   Comment by ジョシュワ — 2/25/2005 @ 12:11 pm

3. I don’t even teach web lessons.

   Comment by Andy — 2/25/2005 @ 5:05 pm

4. Josh told me to take a stab at it.

   Again.

   Hi! This is Andy (with some unrecogniable kanji). So why am I using this headseat? This is the Web Lesson Corner. I also want to try a web lesson. (Total guess here) How about you?

   Sounds Japanese enough. I’m betting you’re gonna be the next white celebrity here.

   Comment by Jenn — 2/25/2005 @ 10:34 pm

5. 講師＝kou-shi=instructor
   The last sentence=I wonder if I want to try a web lesson, too…just kidding!

   Comment by 賢 — 2/26/2005 @ 4:48 pm

6. some has impersonated me!

   Comment by 賢 — 2/26/2005 @ 4:55 pm

7. No kidding. It’s koushi. I’ll be damned. Wait, did we learn that in Japanese class, Josh?

   Comment by Jenn — 2/27/2005 @ 9:25 pm

8. i think we learned kyoushi…damn my drug addled memory

   Comment by ジョシュワ — 3/1/2005 @ 7:03 pm

9. Okay, so it was kyoushi. I thought maybe, but the kanji doesn’t look like oshieru. Maybe it’s just a completely different kanji.

   Comment by Jenn — 3/1/2005 @ 8:03 pm

10. 教師＝きょうし＝kyoushi=teacher

    Comment by mamamegami — 3/4/2005 @ 2:03 pm

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