China Ditches US Dollar with $50 Billion IMF Bond Purchase
Last Wednesday China officially began to move away from the U.S. Dollar as it’s reserve currency when it purchased $50 billion in bonds issued by the International Monetary Fund. The Chinese government has agreed to purchase up to $50 billion worth of International Monetary Fund bonds, the first such notes in the fund’s history, the IMF said Wednesday. The global organization said the note purchase | Read More »
Tags: armenian genocide
, Barack Obama
, European Union
, International Monetary Fund
, John Kerry
, special drawing rights
, United States
And American recognition of the Armenian Genocide gets delayed. Again.
Ben Smith covers the Standard Washingtonian Weasel Statement by President Obama here, the comparable reactions to said SWWS here, and – best of all – Samantha “Monster” Power’s earnest explanation to the Armenian community back in the day about how straight a shooter that Barack Obama is* …here. I do hope that nobody was shocked by any of this; it was pretty obvious how this | Read More »
Small Victory for Second Amendment
The White House is abandoning a renewal of the 1994 assault weapon ban. The ban expired in 2004. Although Obama promised supporters he would seek to renew it, lack of support on both sides of the aisle, has pushed it to the back burner. From MSNBC dot com: Campaigning before a church congregation on Chicago’s South Side one Sunday in July 2007, Barack Obama said | Read More »
Obama avoids saying ‘genocide’ in Turkey*.
(H/T: Dan Riehl) With regard to President Obama’s decision to not confront the Armenian Genocide question while in Turkey – as noted here from someone on the scene, he specifically avoided using the word genocide – it shouldn’t be too much of a surprise that he didn’t keep that particular campaign promise (“America deserves a leader who speaks truthfully about the Armenian Genocide and responds | Read More »
Obama to quietly break promise on recognizing Armenian genocide.
I said that it did back in February, and I say it now. It happened, and while there are consequences to saying that it happened, there are consequences to not saying so, too. And the administration has apparently decided to go with the latter set of consequences. Obama wavers on pledge to declare Armenian genocide The Obama administration is hesitating on a promised presidential declaration | Read More »