more nojin stuff fwiw, page-3

Making The World "Safe" - For The US Dollar:
The power of any government, whatever its scale in the global scheme of things, ultimately rests on the viability of its money. The acquisition of political power is a very expensive process. The maintenance of that power is an even more expensive process. And as every would be aspirant to world empire in history has learned, the time always comes when the "end" outstrips the "means" available to attain it. As both the burgeoning of debt and the blundering on the international stage perpetrated by the Bush Administration makes crystal clear, that point is either here or it is VERY close for the US government.

Everything we are seeing in the world at present - from the tyrannical domestic posturing of Mr Bush and his Administration to the debacle in the Middle East to the propping up of markets to the purposeful savaging of the Gold "price" over the past week - has the same goal. That goal is the preservation of the global reserve currency status of the US Dollar. Lose that, and the power of Washington DC and Wall Street crumble to dust as the "prosperity" of America is exposed as one of history's gigantic con jobs.

The US government stands or falls on the viability and acceptability of the US Dollar. And they know it.

From: "The Global Market Report"
©2006 - The Privateer market letter