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« December 03  |  December 06 »
Thursday, December 4
View Article  China’s officials debate renminbi convertibility
by Roland, the Gunslinger on Thu 04 Dec 2008 11:44 PM EST


Comments from senior Chinese officials are rarely, if ever, made without an intention to signal a message of some sort. So, it is perhaps surprising that Ms Wu’s comments on November 19 at a Beijing seminar have not been more widely discussed.

Wu, who was a deputy governor of the People’s Bank of China (PBOC) until earlier this year, said that the renminbi should become an international reserve currency in tandem with its full convertibility, reflecting a renewed interest in loosening control of the currency as the country becomes more deeply integrated in the world financial system. She said it was difficult to find an alternative reserve currency but added that the renminbi was ready to become an international currency to replace the dollar.

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China lectures US on economy

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Leave Comment  |  Permanent Link  |  Cosmos
View Article  Jewish mother killed in Mumbai attacks 'was pregnant'... and her son, 2, may have been beaten by militants
by Roland, the Gunslinger on Thu 04 Dec 2008 03:31 AM EST


The Jewish mother murdered in the brutal Mumbai terror attacks last week was six month pregnant, her father revealed today at her funeral.

And Rivkah Holtzberg's two-year-old son, Moshe, may have been beaten by the militants, reports have claimed.

His back was covered in bruises consistent with abuse, the chairman of Zaka, Israel's ultraorthodox recovery service, told Sky News.

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View Article  Consensus Of Whom?
by Roland, the Gunslinger on Thu 04 Dec 2008 01:08 AM EST


Socialized Medicine: "Consensus" has become one of the scariest words in America. It means officials have reached agreement on how to fleece the public. And it's being used in the same breath as "universal health care."(Snip)The alleged accord, says the Times, has been reached by "leading" business groups, medical facilities, physicians, unions, insurance companies, "senior lawmakers" and "members of the new Obama administration."

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View Article  The Cleanest State Meets the Pushiest Person
by Roland, the Gunslinger on Thu 04 Dec 2008 12:48 AM EST


Until now, Minnesota was always famous for its clean elections. Indeed, Democratic consultant Bob Beckel recently attested to the honesty of Minnesota's elections, joking: "Believe me. I've tried. I've tried every way around the system out there, and it doesn't work."

But that was before Minnesota encountered the pushiest, most aggressive, most unscrupulous person who has ever sought public office, Al Franken.

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