I already explained to you that moving the dollar out of reserve status is the best thing for the long term that could happen to this country..

You seem to be far more concerned with us than the poor people around the world that would be totally devastated by a switch to Euros..

You are putting the interests of large oil companies that will increase their profits immensely ahead of the poor..

Kinda goes against your "concern for the poor" mantra wouldn't you say?

Or is it you are concerned for the poor only when you can cast the US is a bad light?

I'm thinking its the latter..

You're probably not going to get an answer Invictus...But I can give you a hint....It is the ideologues hijacking the European crisis on behalf of pushing an agenda or two who worsen problems...This is not what America, as a whole, does...We certainly are not going to make a bad problem worse by being stupid....

BINGO!!!!!!!!!!!!!!

Somebody in America was not of the opinion that the Dollar should Exit a the Reserve Currency , Invictus would not agree,



In November 2000, Iraq began selling its oil in euros.

Iraq's oil for food account at the UN was also in euros and Iraq later converted its $10 billion reserve fund at the UN to euros.

Several other oil producing countries have also agreed to sell oil in euros-Iran, Libya, Venezuela, Russia, Indonesia, and Malaysia (soon to join this group).

In July 2003, China announced that it would switch part of its dollar reserves into the world's emerging "reserve currency" (the euro).

Source,Z-Magazine?

Really doesn't mean Crap what Currency you convert in!
if a Barrel costs $100.-,it would still cost $100.- in EURO!

So your whole House of Cards about the Iraq-War collapses again!

Makes for good Obfuscation and Conspiracy-Theory,though!

Fills their Sites up with Pixels,and their Pockets with the Money of their Unsuspecting Victims!

Took you a while to locate the source, I thought you were paid to do this

CRASH!!!!!!!!!!!!!!!!!!!!!<==============That was your House o' Cards!

Sohan Sharma is a professor emeritus at California State University in Sacramento.

Sue Tracy is a hazardous waste material scientist in Sacramento.

Surinder Kumar is professor of economics In Rohtak, Inala.


Conrad is.......................................................?

and what does that prove?

Look at the Company they keep!

This is from Dictionary.com:
e·mer·i·tus adj. Retired but retaining an honorary title corresponding to that held immediately before retirement: a professor emeritus.

n. pl. e·mer·i·ti (-tī')
One who is retired but retains an honorary title corresponding to that held immediately before retirement.


Wonder what Hazardous Waste has to do with it!


As for the third one!
Keynesian!
Not exactly a recommendation!


And being a retired Professor from a Californian University!Well!

Then all of them write for one of the most left Magazines in the US!

Brought this back to ask Invictus......

Why would it benefit America to withdraw the Dollar from being the Reserve Currency of the world.

Also does he Agree that Oil should be priced in a basket of currencies?

I have previously explained my reasoning as to how losing reserve status would benefit us..

Your currency was the reserve before the dollar.. Any problems with it's value compared to the euro or dollar?

Since 1955 the FTSE has outperformed the S&P 500 11.5% to 9.4% through 2009.. I'll would have to look it up through today, but I think I made my point without it.

As long as the money still pays the rent, I don't care.