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But, according to Russian legal experts, even though Public Law No: 97-258 does appear on its surface to constrain President Obama; President Kennedy’s Executive Order No. 11110 has never been repealed by any American President making a showdown “inevitable” between Obama and the Federal Reserve before the US Supreme Court, and which Obama has recently nominated US Federal Judge Sonia Sotomayor to America’s highest court where she will become the 6th Roman Catholic Justice and giving the Vatican near total control of US monetary policy.
Originally posted by Rockpuck
the worst thing in a panic to happen is...... panic. Fear. Not just the investor.. but the American's that have excess, spendable cash.
So we can all agree boosting MORAL for the spender is GOOD..
Originally posted by Avarus
Wow, this thread has slowed up a lot recently. Did everyone go on vacation or something?
Or maybe the economy is all better and there's nothing to report. Although, it could be that things have gotten so bad that everyone's hiding in their bomb shelters...
maybe i should build a bunker...
UPDATE 1-Euro zone employment logs record fall in Q1
BRUSSELS, June 15 (Reuters) - The 16-country euro zone lost a record 1.22 million jobs in the first quarter of 2009, data showed on Monday, highlighting the depth of recession and boding ill for any quick turnaround.
The number of employed fell 0.8 percent in the first three months against the previous quarter to 146.2 million, pulled down by job losses in Greece and Spain, the European Union statistics office, Eurostat, said. [ID:nBRQ007378]
Employment during the first quarter fell 1.2 percent year-on-year, also the deepest annual drop since measurements started in 1995.