Inflation: America’s Greatest Export

February 22, 2008

by Peter Schiff

Unfortunately one of the few things still made in America is inflation. In fact, it now ranks as our greatest export.

A significant by-product of the current global economic system, wherein Americans spend money they do not earn to buy foreign products that they do not make, is that trillions of dollars are now parked in foreign banks just looking for somewhere to go.

In a healthy trade relationship, a nation pays for its imports with equal exports that result from real productivity that pumps up demand. In contrast, the current U.S. import boom has been created by the artificial demand of inflation, in which increased money supply has put more dollars in the hands of U.S. consumers. Normally, such growth in money supply would result in more substantial increases in domestic consumer prices. However for a number of reasons, the United States has been able to partially dodge this bullet. In short, we have exported our inflation abroad.

Shame on the Arabs, shame on the Muslims, shame on humanity

by Khalid Amayreh in the West Bank

March 2, 2008

As Israel is fulfilling its threat to inflict a “greater holocaust” (greater than the German Holocaust) on the Palestinian people, the vast bulk of Arabs and Muslims, as well as the rest of the world, are looking on passively as the Judeo-Nazi state is having a free season on the helpless Palestinians.

This is not a matter of controversy and the facts are neither nebulous nor incomplete. You are all watching the slaughter show before your eyes, on you TV screens.

Yes, the scope of the massacres has not yet reached the Auschwitz proportions, but soon it will if you continue to play deaf and dumb as if the wanton slaughter is taking place on a different planet.

And how about the poor?

رَأَيْتَ الَّذِي يُكَذِّبُ بِالدِّينِ أَ{1}
[Shakir 107:1] Have you considered him who calls the judgment a lie?
فَذَلِكَ الَّذِي يَدُعُّ الْيَتِيمَ {2}
[Shakir 107:2] That is the one who treats the orphan with harshness,
وَلَا يَحُضُّ عَلَى طَعَامِ الْمِسْكِينِ {3}
[Shakir 107:3] And does not urge (others) to feed the poor.
فَوَيْلٌ لِّلْمُصَلِّينَ {4}
[Shakir 107:4] So woe to the praying ones,
الَّذِينَ هُمْ عَن صَلَاتِهِمْ سَاهُونَ {5}
[Shakir 107:5] Who are unmindful of their prayers,
الَّذِينَ هُمْ يُرَاؤُونَ {6}
[Shakir 107:6] Who do (good) to be seen,
وَيَمْنَعُونَ الْمَاعُونَ {7}
[Shakir 107:7] And withhold the necessaries of life.

Khamenei: Demi Pembantaian di Gaza, Umat Islam Harus Bangkit!!!!

Hari-hari ini terjadi peristiwa berdarah di Gaza. Sebuah tragedi yang mengenaskan dan menyakitkan. Kepedihan luar biasa ini tidak dapat dituangkan dengan lisan dan tulisan. Setelah berbulan-bulan diblokade sedemikian rupa, anak-anak tak berdosa, wanita dan laki-laki yang tidak berdaya itu kini harus menerima kebiadaban dan kebuasan rezim Zionis Israel. Rumah dan ladang mereka diratakan dengan tanah dan mereka bersimbah darah. Anak-anak kecil yang baru tumbuh tewas mengenaskan di hadapan ayah dan ibunya sementara orang tua tewas di hadapan anak-anaknya.