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Monday, July 20, 2009
A still-energized grassroots movement...
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Replacing the Dollar...............
China's swipes at the U.S. dollar have been spilling out of Beijing with almost mundane regularity. Every time there is an international economic summit, it seems that some Chinese mandarin reiterates the now familiar complaint that the greenback needs to be replaced as the world's de facto reserve currency. China usually suggests some "supranational" currency as a dollar substitute, to protect it against instability that could arise from any one country's errant economic policies. A favorite suggestion is the use of Special Drawing Rights (SDRs), the unit of account at the International Monetary Fund.Link
Dick may get probed.........
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Washington doesn't feel the pinch......
The rest of the country has a new reason to hate the inside-the-Beltway crowd: Our economy is better than yours. At 6.2 percent, the unemployment rate in the D.C. metro region is lower than in any other major metropolitan area in the country — and far below the 9.5 percent national average. Members of Congress from harder-hit areas can’t help but notice the divide between the relative health of their part-time city and the pain back home. And it particularly rankles conservatives who’ve argued for a smaller federal government but now see it making up one-third of the region’s economy...Link
At least 16 killed in Afghan helicopter crash.
At least 16 civilians were killed on Sunday when a helicopter crashed near a military base in southern Afghanistan, the NATO-led force said, in the second fatal chopper crash here in a week...Link
Threatened to quit over waterboarding.
Two of the key designers of the Bush administration’s torture program ended up in a “tug of war” with their superiors about how far to go when coercing information out of suspects, says a new article in the Washington Post...Link
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