Reaction Radio

A newspaper report Monday evening from a London newspaper that the demise of the dollar was imminent because an international cabal of Arab and Asian countries, friends and foes alike, wanted to dump the dollar when pricing crude oil. This story was subsequently denied by by numerous sources, but the market impact was real.

The current administration has no energy policy that increases the immediate supply of fuel to power the US economy. We are at the mercy of an unstable middle east on the cusp of becoming a nuclear power, and President Obama is only interested in giving the citizens his version of socialized medicine which they do not want. One of yesterday’s big challenges was finding enough of the right size white jackets for a photo-op of "doctors" on the White House lawn who were supportive of Obama’s unwritten medical reform plan.

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