Comments on: An imagined future memo from Citigroup’s CEO Mon, 26 Sep 2016 03:26:00 +0000 hourly 1 By: muchstardude Sat, 23 Jan 2010 17:21:11 +0000 Dear Obama, please read the most read home foreclosure story on the web these days at Then maybe you will see why bankrupting this country over the health bill is not where your energy should be.

By: MSGret1 Sat, 23 Jan 2010 15:04:41 +0000 Wow you really stirred up a hornets nest. Good job.

Here is some food for thought. Last year Japan, India, China, Brazil, Iran, and Arabia had secret talks and made plans to replace the US dollar a the base currency of the world with a basket type base currency, several currencies. I conclude that all have one factor in common, that the currencies will be back with gold reserves. Further, many of the countries listed above are making large purchases of gold.

In 1971 the dollar was cut loose from the gold standard by President Nixon and the advise of Paul Volcker. Why, because President Nixon wanted to open the trade doors with China, which was effectively closed by the Bretton Woods system established in July 1944. By cutting the dollar loose from gold he opened that door.

The time line for this to happen is ten years. This is to allow large holder of dollars to dump them slowly on the Forex markets, of dollar were dump fast it would cause a world wide depression.

The proposed new taxes and regulations on big banks plays right into their plans. What starts at the top of the hill roles down so it will effect all banks.

Now President Obama gave credit to Mr. Volcker for bring double digit inflation under control in the 1980’s, Not so, it was Ronald Wilson Regan that deserves that credit.

If the tax is increased and new tougher regulations written, it will be worse than health care. It will cut the heart out of the American financial system. Then America will become just another third world country like a puppet on a string.

Wake up America as a once great man said “The government is not the answer to our problems, it is the problem.”

Not only here but around the world. When the people no longer control the government, the government controls the people.

By: SteveP Sat, 23 Jan 2010 09:42:43 +0000 Sometimes dreams become true…..
Voluntas Dei!!!

By: CraigMarker Sat, 23 Jan 2010 06:51:13 +0000 …and this further emphasizes my belief that being INDEPENDENT is the most patriotic act and divesting interest from any political party owned by corporations.

By: The1eyedman Sat, 23 Jan 2010 04:23:12 +0000 There is nothing like gameing with others money.
Hence, we have ‘Heads I win, Tails you lose.’
You then declare, we have no convictions!

By: Chingnutchkook Sat, 23 Jan 2010 03:48:11 +0000 What is this tripe doing taking up half of a news site main page? Reuters, shame on you! What are the names of the columnist(s) who wrote this and who (besides you) paid them for it?

On a related note, does anyone remember any of these bankers or traders saying, “Thank you, American taxpayers! You saved my job and my obscene bonus!”?

By: jborrow Sat, 23 Jan 2010 03:43:38 +0000 yes, yes, we’re all familiar with the old ‘revolving door’ problem.

By: AdamSmith Sat, 23 Jan 2010 03:32:22 +0000 Yes, sophomoric. It hardly deserves such a prominent position in such an important publication as Reuters News.

What gives?

By: mynamehear Sat, 23 Jan 2010 02:17:40 +0000 A Day Late & A Dollar Short- No Make That A Trillion!

About Time…

By: max_stirner Sat, 23 Jan 2010 01:03:35 +0000 A bit sophomoric and very precious, but I imagine there’s some “insider” humor to be gleaned from this. If this is the quality of editorial comment, it leads me to hope that the hammer is dropped.