"“We have lent a huge amount of money to the U.S. Of course we are concerned about the safety of our assets. To be honest, I am definitely a little worried.” "


Chinese premier Wen Jiabao 12th March 2009


""We have a financial system that is run by private shareholders, managed by private institutions, and we'd like to do our best to preserve that system."


Timothy Geithner US Secretary of the Treasury, previously President of the Federal Reserve Bank of New York.1/3/2009

Tuesday, April 22, 2008

Sobering Thoughts for the day.

When the Coalition of the barely willing illegally invaded Iraq just over 5 years ago 1 Euro bought you one US dollar.

Today just less than 5 years after President George Bush declared "Mission Accomplished" one Euro will buy you one US dollar and 59 cents.

Oil was US$20 a barrel and closed today at US$117.48.

A gallon of regular unleaded gas cost about 90 cents US and today the average price for regular gasoline across the USA was a record $3.508 a gallon - U.S. Energy Information Administration.

at 4/22/2008 03:53:00 am

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