Monday, February 06, 2006

Attorney General Gonzalez is not the Chairman, I am

And so Senator Specter starts the hearings into the domestic spying, er, terrorist surveillance program.

This came as Senator Leahy asked that Attorney General be sworn in. In the oil executive trial, it was pointed out that it didn't matter, that lying before the committee was illegal whether someone was sworn in or not.

In more federal news, new Chairman Ben S. Bernanke is being sworn in today. Retiring Fed Chairman Allen Greenspan is leaving a country heavily in debt, flooded with cash, and with little to no personal savings. And they say he was successful. I'm not sure what a failure would be.

Indications are that China and Japan are getting tired of loaning us money. More US bonds are being bought by Caribbean banks. I'm wondering who's money is behind that. Caribbean economies aren't usually known as powerhouses.

Could that be where so much of the money that's disappeared out of the DOD has gone to? If it looked like no one was interested in loaning the US money, there would be a lot of countries quickly dumping the US Dollar, which would probably cause a worldwide recession.

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