The Five-Dollar Bill will turn purple on March 13, 2008.

Honest Abe gets colorful on $5 bill to fight counterfeiting
Dec. 13, 2007, 8:54PM By MARTIN CRUTSINGER
Associated Press via Houston Chronicle

WASHINGTON — Cue the hues for the Great Emancipator.

A new $5 bill, with splashes of color surrounding Abraham Lincoln will go into circulation March 13, the Bureau of Engraving and Printing and the Federal Reserve announced today.

Car+Driver's Bedard: "Kyoto decided that it couldn't reduce global warning"

You didn't read that wrong. He wrote "Global WARNING"

~
Add Car+Driver to your list of Global Warming nay-sayers. In the Sept. 2006 issue, Patrick Bedard (the often-mocked tester of all vehicles hybrid and electric and an otherwise fine automotive engineer and former racer) comes forth with a column "An inconvenient truth: SOS from Al Gore".

Sez Bedard:

"Now for an inconvenient truth about CO2 sources - nature generates about 30 times as much as does man. Yet the warming worriers are uncincerned about nature's outpouring. They - And Al Gore - are alarmed only about anthropogenic CO2, that 3.2 percent are caused by humans.

Follow the Money.

The IMF. The BIS. The IBRD. The IDA. What are these entities?

They are the essential parts of the World Bank. The World Bank was created in 1944 as an instrument to rebuild Europe after World War II under the guise of "global poverty reduction and the improvement of living standards". Yet, "In reality, the World Bank carries its weight, along with the International Monetary Fund and the Bank for International Settlements, to forcibly integrate minor countries of the world into its own brand of capitalistic democracy. "

The World Bank, through the IMF, IBRD & IDA, essentially is THE Central Bank of all the world's host countries' central banks, operating a worldwide ponzy scheme, free to do its bidding manipulating world currencies and accountable to no one. Each host country pays its "dues" to the World Bank with their taxpayers' money.

LEAP predicts MAJOR World Crisis to 80% certainty

March 20 to 26, 2006: Iran-USA, beginning of a major world crisis, or
«the End of the Western World we have known since 1945».
LINK
Written by LEAP/E2020
Saturday, 25 February 2006

The Laboratoire européen d’Anticipation Politique Europe 2020, LEAP/E2020, now estimates to over 80% the probability that the week of March 20-26, 2006 will be the beginning of the most significant political crisis the world has known since the Fall of the Iron Curtain in 1989, together with an economic and financial crisis of a scope comparable with that of 1929. This last week of March 2006 will be the turning-point of a number of critical developments, resulting in an acceleration of all the factors leading to a major crisis, disregard any American or Israeli military intervention against Iran. In case such an intervention is conducted, the probability of a major crisis to start rises up to 100%, according to LEAP/E2020.

NOW, before you BLAST me for posting ANYTHING by Ron Paul (R-TX) I'd like you to consider this position, because even though Ron Paul is VERY conservative on social issues, his "conservative" economic viewpoint has addressed many issues progressively, from Corporate Welfare to our Fiat Money System. IN FACT, Ron Paul was one of only SIX GOP that voted NO on the Resolution to Use Force in Iraq (See HR RES 114 - Roll Call Vote - the other GOP were Duncan, Hostettler, Houghton, Leach & Morella, fyi).

From -t r u t h o u t-

Wrong. Wrong. Wrong.

And wrong.

Saddam Hussein was preparing to sell oil in EUROS instead of dollars. The US $7+ Trillion debt is backed by oil. Once Saudi Arabia agreed on ONLY the US DOLLAR for oil & OPEC followed suit in the early '70s, Saddam's threat to sell his oil in Euros would undermine the value of the Dollar. The Big Oil Companies simply could not have that. We now see Iran is planning to take that very step.

To get the full picture please read the entire article. Here are some excerpts:

The Proposed Iranian Oil Bourse

I hope by now you've finished buying all those stocking stuffers and you've decorated your tree (if you have one) with SILVER & GOLD tinsel! Of course, during the happy big holiday season The Great Mogambo Guru cannot let his guard down or relax ONE MINUTE! So, without further ado, I present to you the Holiday Edition Rant by the angriest guy in economics...

Stop the presses, America!

With special thanks to Mad4Clark's recent blog post It's Not Just Detroit!, for bringing to light just how destructive the gwb administration's fiscal policies are to the vitality of our economy and country's security. Amazing this story actually ran in the wimpy USA Today!

But this destruction has been going on a long time and there have been impending signs of Economic DOOM for years; these policies are coming home to roost now, as we're seeing in the airline industry, manufacturing (think General Motors and Delphi) and Wal-Martization of America. One of the biggest problems has been Fed Chariman Allen Greenspan's manipulation of the money supply and interest rates. Let's go to the "videotape" as it were, from The Great Mogambo Guru's Medicinal Silver from Oct. 26, 2005:

In this edition The Great Mogambo Guru tells us all about How Money is Made, Inflation, The Federal Reserve Bank ("after all, just a damn private bank that has been given pure monopoly power over the money, credit, and all the other banks in the USA") and the concepts of Fractionalized Banking.

Love him (few do), Hate him (like most every other economist) or remain simply CONFUSED by him, I present to you...

The Great Mogambo Guru - MONETARY INSANITY

Today I will be taking us on a little field trip, away from the hallowed halls of Mogambo Extreme University (MEU). So follow along in your Mogambo Guidebook Of Monetary Insanity (MGOMI) as we take you to where credit is created in that wonderful, magical place in Central Bank Fairy Tale Land. This spooky place is where the little magic fairies at the Federal Reserve come out and dance by the light of the moon, sit on toadstools, and literally increase the amount of potential credit in the banking system by waving a magic wand, or sacrificing babies, or pressing a button, or something. And this sudden supply of fresh credit drives down the interest rate as it swamps instantaneous demand for credit. Then, the next thing you know, total debt is up as people rush to borrow this new, cheap credit. Not surprisingly, all this increased demand for credit did NOT increase the interest rate, which you would expect, as the supply of credit expanded beforehand! And even better, in doing so - like magic! - borrowers create money at the very instant - poof! - that they sign the loan papers!