TV News LIES

Tuesday, Jul 28th

Last update11:59:54 PM GMT

You are here News Editorials Prairie2: Birds of different feathers chase different bugs

Prairie2: Birds of different feathers chase different bugs

E-mail Print PDF

Chinese goldThe markets all tanked again today on ginned up fears that the Federal Reserve is raising interest rates. But it was gold that fell right through the floor losing well over 5% in one day to $1280 per oz.

Gold has lost a third of its value from the peak when the Gold Bugs were sending me nasty mail about me advising people to ignore Glenn Beck.

This week's new unemployment claims jumped back up again, but they're still not so high as to be a real problem.

The big 'scary' news all the 'experts' are cackling about (between chasing June Bugs they predict the sky is falling), the big news is that China's banks are having problems borrowing overnight from each other with rates for single day borrowing going to as high as 25% (annual rate).  China's Central bank is refusing to pump in money, or rather it is just silent, and the 'Chicken Littles are saying this signals the 'end times'. There is of course a more reasonable explanation.

More...


Most Recent Related Stories...


Alex Baer: Oz Plus One Equals Pi

Here we go again:  I freely admit I have backtracked, softening my previous, hard-line pledge to...

Alex Baer: Going to Oz in a Handbasket

Flying monkeyIt's Home Schizophrenia Day, apparently -- I guess -- and I find one of my personalities...

Bob Alexander: Pinched Nerve

Bob AlexanderMy life-long quest to find the Unified Field Theory of Home-Grown Fascism seems at times tantalizingly...

Alex Baer : One More Once

One More OnceIt's not like I was gone long. Nor was it likely I'd be missed. (My ego's...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!