The Col: Tomorrow is the BOC Rate Statement as well as the Overnight Rate.

And in the afternoon, we have Mr Bubbles himself talking in Fairfax.

The Col: Exactly!

The Col: Just imagine, with the CAD so strong you can buy even more of the USA's number 1 export

CAD also correlated to oil price.
When currencies become commodities, commodities become currency.

The Col: Furtermore, has your economy improved so much that you can explain the phenominal recovery in the TSX?

Trim Tabs cannot identify the source. "It did not come from the traditional players..."

Bubbles Ben has the answer.

The Col:

CAD was briefly at par with the USD last week.
65% of your exports go to the US.
Figure that?

The Col: An inner circle! Most attendees are there to have their strings pulled too.

Why do discussions perpetuate the rights and wrongs of left and right? We are approaching DEFCON3 and the discussions are still fixed on Albania.

There is only one puppet master (the real power brokers) who control both left and right, the press, with global influence. Obama is merely a puppet and he is currently destroying the US economy. It has worldwide repercussions.

Bernice: Clearly a case of Wag the Dog.

If you have a chance, watch the film of the same title, it is hilarious. Here is a link providing a good decription and represenation to real events.
http://www.philipcoppens.com/wagthedog.html


On the same theme:

There were less than 10 Congressmen / Senators that claim to have read the full Frank Dodd bill.

Its creation is the FSOC. The Fed Advisory Committee Act does not apply to this council.

Six corporations collectively control and dominate news and entertainment.

BTW, did you know that the US's biggest export today is waste paper.

We are at the quiet before the storm.

Bernice:

Well I did try to find ITYAR. The best I could do is find ITAR, and you slipped in a Y where an 'in' would be.
But ITAR is on the wrong track, Blackhawk Ben and Volker-Hellfire missiles are considerably more dangerous than anything the US military can throw.

I didn't think I was being too cryptic, but let me give you a few more pointers.

Blackhawk Ben is the nick (au courant circles) for Ben Shalom Bernanke, Current Chairman Federal Reserve, Chairman Council of Economic Advisers under G.W.Bush

Volcker = Paul Adolph Volcker, senior economic adviser to Obama, Chairman Federal Reserve under Regan and Carter.

The other characters, all of whom have missiles being pointed at them from the shores of the USA:
PBC - the main adversary
BOJ, ECB - Other main players
SNB - A player from a neutral country
RBA - Just for you, they are also a player, but a smaller one

Now a cryptic clue:
"Why does a dog wag its tail? Because the dog is smarter than the tail. If the tail was smarter, it would wag the dog."

Bernice: ITYAR?
That's even more cryptic than my post :)

Forget the fact that this is a business article, it has far wider appeal and meaning.

http://jeffwalker.com/injecting-poison-in-your-brain/

I take comfort in not having a television. What do you get out of it? Or rather, what are you being injected with?

I fear we are on the edge of DEFCON1 if the US continues to export its deflation to the rest of the world.

During the G8 summit, a resolution could not be found, so no stand down to DEFCON3.

If Blackhawk Ben does fire those Volker-Hellfire missiles, expect retaliation from PBC, BOJ, ECB and even from traditionally neutral countries, SNB, who will more than match the wrath delivered from Ben's Blackhawk.

The fallout will be felt by generations to come, not just in the US, but worldwide.

Artful Dodger: Say Pretty Please