TV News LIES

Wednesday, Aug 20th

Last update09:11:45 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...


Kareem Abdul-Jabbar: The Coming Race War Won’t Be About Race

Kareem Abdul JabbarWill the recent rioting in Ferguson, Missouri, be a tipping point in the struggle against racial...

Naomi Wolf: " ... God did not 'give' Israel to the Jews/Israelites. ... "

God did not give Israel to the Jewish peopleOkay, so I was challenged below: "Read the Bible! God gave the land of Israel to...

Alex Baer: Endings

Endings: Bacall and WilliamsYes:  Lauren Bacall.A landmark, watershed moment of loss, finality.End of an era much adored.End of a...

All About Oil: Why Americ is Dropping Bombs to Defend Erbil

Erbil oilErbil has an ancient history, but, in political-economic terms, the city is best understood these days...
 
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!