Republican office opens in Radford
Photo by Mike Shaw | The Roanoke Times
We posted this morning about an Obama campaign office that will open in Radford on Saturday.
Apparently the GOP is playing for Radford too: A Republican office has opened at the old Triangle “Save-X” gas station at 1001 East Main Street.
According to community journalist Mike Shaw of the Burgs, it “looks like they painted the National Debt Clock numbers (as of election day) on the front.”
And if you’re wondering — it’s only a 4 minute walk to Crumb & Get It Cookie Company, according to Google Maps.
September 21, 2012 - 7:21 PM
NATIONAL DEBT ..SIXTEEN TRILLION AND CLIMBING……SIXTEEN TRILLION !!!!!! Also, obamas budget plan is to raise this by $47 Trillion in 10 years…$47,000,000,000,000.00 !!!!!!!!!! Now, I haven`t seen them, but one day I`ve got to get to D.C. and see these $$$ Trees…they must defy nature and bloom all year…probably a species of evergreen. Its probably impossible to get close to them what with the guards, etc….I think I`ll just go to the War Memorial and pay tribute to the soldiers who died for our liberty/freedom,rather than pay tribute to DEBT..The very thing that is going to destroy the children of our future.
September 6, 2012 China announced it will not be buying, trading, or selling oil with the US$ They made a deal with Russia to have an unlimited supply of oil sold to them using their currency the yuan.
January 24, 2012 Chinese President Hu Jintao told the WSJ “the present U.S. dollar-dominated currency system a “product of the past” and highlighted moves to turn the yuan into a global currency”.
What does this actually mean for America? The US$ reserve currency status (and we are perilously close to losing our status as the world’s reserve currency) allows the US to run up high deficits and have our debt be denominated in the US$, which in turn enables us to print unlimited dollars and inflate our way out of debt (QE1,2 and 3 under Obama and Bernanke).
We have $16T debt. China is owed the biggest part of that. If the US$ is no longer the world’s reserve currency, this debt can come crashing down on us; the great depression will be a dream compared to this.
What does this mean for countries that want to develop nukes? Mid-East economies rely on selling oil in US$, so we have the threat of sanctions. What if the yuan becomes the global currency?
This is the biggest event to happen in 30 years to the US currency (since removing the gold standard) and I haven’t seen anything from this administration or the media, have you?
Looks like the conversation has to be kept at a superficial minimum – can’t expose too much. Disappointing.
Are those really reasons to vote for people like Allen, Hurt, or Romney/Ryan who supported all of that debt accumulation (even voted for some of it in Ryan’s case), Jeff D?
You thinking the party of Nixon, Reagan, Bush and Romney will “fix” any of that is truly proof of the “low effort” you put into information gathering. Who was the last President to work on anything resembling a balanced budget and deficit reduction? Would you like to buy a clue?
Who started the NAFTA bandwagon and wholesale slaughter of the American worker? Who championed the tax cuts that have enriched the wealthy and decimated the middle class? Who sponsored and had a veto proof Congress to assure the Glass-Steagall repeal that sealed the economic doom of this nation? And you actually think that after Wall Street killed this nation with their insatiable greed and obscene profits only for the top, their diabolical “weapons of financial mass destruction”, and their buying of our legislature, that we should elect one of them to the White House? Elect a President of the United States who shelters his money in another nation? Who pays a lower percentage in taxes than MANY middle class Americans? Really? What is in your koolaide?
Now wait, did China “make” this deal with Russia, or with Iran? China buying oil from Iran with yuan
And did this announcement come on September 6, 2012? As you state with no source cited or in 8 May 2012
And just to clarify, did China start talking about an alternate to the US currency supremacy on January 24, 2012 or on January 17, 2011? There seems to be some confusion. “China’s central bank governor, Zhou Xiaochuan, created an international stir in March 2009 by calling for the creation of a new synthetic reserve currency as an alternative to the dollar. Mr. Hu’s comments add to the sense that China intends to challenge the post-World War II financial order largely created by the U.S. and dominated by the dollar.”
See, this is what happens when you parrot right wing talking points without citing your source so we can judge it fairly.
Don’t be afraid of China. Romney is gonna stand right up to them and stop sending them American jobs and buying their cheap junk when… well never, but it sure sounds good to the yokels.
Could it be that Iran is so desperate for money, thanks to the US pressure of isolation and sanctions, that they will accept the Chinese yuan? No, of course not, such an idea is not being propagated by the right wing media so it cannot be “true”.
Wrong, Kathie.
http://www.foxnews.com/politics/2012/09/04/who-do-owe-most-that-16-trillion-to-hint-it-isnt-china/
“It is true that China is the largest foreign owner of our debt,” said Josh Gordon, policy director of the Concord Coalition, a Virginia-based nonprofit that advocates getting the nation’s debt under control. “But the vast majority of our debt is held by us.”
We own the “vast majority” of our debt. Even per Faux.
Talk to Dodo.
So Kathie, when you whine about “conversation has to be kept at a superficial minimum – can’t expose too much“, do you mean that the moderator asked you to stop with the plagiarism/simply cutting and pasting right wing parrot points or that you are incapable of having a “conversation” without exposing your lack of credible sources?
“And if you’re wondering…”
We’re not.
Kristen says..`talk to Dodo`..its Doto, maam…no need to resort to childish name calling…but, I surmise that your frustration and immaturity won`t allow anything else.
Now that was funny!
#7 Hmm, maybe Kathie was referring to the first post on this thread when she was talking about a “superficial minimum.”
Let’s be clear, to quote our president. Dates are more important than the root of the problem. So on the 6th of September China was ready with their banking structure to use their currency to buy, sell or trade oil.
Is Iran looking for money because we have crippled them or because of our weakness under this president they have been spending extraordinary amounts of money in the last four years to develop nuclear weapons?
Of course, do the Obama supporters really now the answer to that? He certainly won’t be speaking about it this week to the UN – he’ll be on The View, looking very cool and speaking directly to his supporters.
Oddly yes, Obama supporters “really now the answer to that” Iran is willing to accept the yuan because they are desperate. By any measure that is due to the sanctions and their relations with the rest of the world.
China’s yuan will not replace the dollar. That is fantasy.
http://www.asianews.it/news-en/Yuan-replacing-more-and-more-US-dollar-as-international-currency-24656.html
You can click and read the article or for your convenience I’ll COPY and PASTE for you. LOL!
Yuan replacing more and more US dollar as international currency
Payments in yuans by European enterprises now account for 47 per cent of global market. Europe has become the second-biggest area using the yuan for cross-border transaction settlements. Within 10 to 20 years, the yuan will replace the US dollar as the main currency to settle trade transactions. The collapse of the US dollar could however lead to economic, political and even military confrontations.
Milan (AsiaNews) – More and more countries are accepting yuans to settle accounts with China, marking the end of the US dollar domination as a reserve currency. For economist Maurizio d’Orlando, “this development represents a strategic threat to the US-led economic system,” and could lead to political or even military confrontations.
China has kept its currency under tight control, holding its value deliberately low in order to promote its exports. In the past few years, Beijing has allowed some fluctuation. The issue of its revaluation has been a major issue in US-Chinese relations, including in the most recent talks.
In order to get out from under the dollar’s shadow and avoid the impact of its debacle, China has signed deals with other countries to use the yuan, first with Hong Kong, then Argentina, Belarus, Uzbekistan, Tajikistan, Mongolia, the United Arab Emirates and Iceland.
Now China’s central bank wants to strike a similar arrangement with the US Federal Reserve, the Bank of Japan and the European Central Bank.
European companies however have already been using the yuan for some time. The latest report from the Society Worldwide Interbank Financial Telecommunication (SWIT) shows that yuan-clearing transactions in Europe are trailing behind only Hong Kong, the primary pilot offshore yuan settlement district designated by Beijing.
Excluding the Hong Kong market, payments made in the yuan by European enterprises accounted for 47 per cent of the global market, more than the market share of 41 per cent held by the Asia-Pacific region.
As a sign of what is happening, the total global transaction amounts settled in March increased by 8.6 per cent% compared to February, but those settled in the Chinese currency registered a much higher growth rate of 13.2 per cent.
Similarly, at the end of March, Australia signed a currency swap deal with China’s central bank worth A$ 30 billion. This deal could help the yuan become China’s primary trade currency in the next two years, Australian experts said.
The yuan will be used widely as a key currency to settle international commodity transactions in 10 to 20 years, said Jean-Francois Lambert, managing director and global chief of commodity and structured trade finance at HSBC.
However, some experts are concerned. For economist Maurizio d’Orlando, “The growing use of the yuan in international trade transactions will lead sooner or later to the collapse of the existing financial system based on the US dollar as reserve currency. This development could be accelerated by political events and eventual conflicts. In case of conflict, the collapse of the system could be hastened until a sudden crash.”
In any case, the current trend represents a threat to the existing US-dominated economic system.
For d’Orlando, “The decision to go along this path could inexorably lead to economic, political or even military conflict.”
“Dates are more important than the root of the problem.”
I’m sorry…what?
Here ya go, Kathie.
http://www.danielstrading.com/resources/news/Futures-Market-News/Yuan-edges-down-against-dollar_800868871/
“The currency of China fell Monday against the world’s reserve currency after importers capitalized on favorable exchange rates and acquired large amounts of the U.S. dollar, The Wall Street Journal reports.”
Doh!
Thanks for keeping us informed Mike Shaw!
Kathie doesn’t like responding when shown to be incorrect.
Nice official news site there, Kristen!
I recently drove up to Radford. It reminded me a little bit of Vinton, except the streets aren’t as bassackward as they are in Vinton. Radford is a thriving community full of hard workers and proud parents and chock full of locally owned businesses that were built by the owners.
It’s a currency arbitrage firm, Marked. Unless you can think of someone who might be better informed about exchange rates.
Currency arbitrageurs buy and sell currencies taking advantage of slight differences in exchange rates between countries. Ergo, exchange rates are something they’re informed about! Perhaps I should have cited World Nut Daily.
#20 “It’s a currency arbitrage firm, Marked.”
Guffaw, guffaw.
#19 Way to put down Vinton, an overwhelmingly Republican town.
You are correct, Kristen. I should not have doubted your link to a firm that also is heavily vested in The Christian Financial Radio Network:
http://archive.cfrn.net/p/daniels-trading_09.html
It is honorable that you would strongly defend such a firm and take everything they say to be the ‘Gospel’ truth.
I guess Kathie decided this wasn’t as fun as she’d thought.
Yep, you are right Kristen. When there are more folks besides the mainstay of three or four, it might get fun again – but until then “beam me up Scotty” cuz I’m tired of the same ole same ole that is on here… zzzzzzzzzzz
Considering you parrot the “same ole same ole” right wing lies and distortions that we have all heard for years, it is odd that such would bore you. I have no idea where your cavalry is.
#23 MMM continues his peculiar brand of silliness. Sad.
Pretty sure we can all safely say that anyone we know that uses the term ‘guffaw’ is someone we all despise being around, is very old and thinks people like him/her more than they really do, and loves riding other people’s skirt or coat tails because they cannot come up with an original idea on their own.
Yep, nailed it.
Anyone who has dwelt in Vinton will agree the streets are crazy there. I never put it down in the least bit, gdad.
Now see what happens when you try to come up with something by your little old self??
Stick to copying others, gdad. You are much better at it.
MITT ROMNEY: “…My dad was laughing uproariously, but I was really — I’d lost it. I was completely guffawing in this picture.”.”
Jokes on you Marked Man.
How tall are your trees?
http://videocafe.crooksandliars.com/david/romney-praises-chicken-and-you-know-noodles-
BTW, you all have exhausted the Radford/Vinton bashing (all done by you people I might add). Your interpretation skills need no more of a work out, we get it. Quite loudly in fact, and it explains so much.
And just who was it that compared being disappointed in Radford to Vinton when visiting after that ‘little flap’.
Just like a lib… it was ‘all done by YOU PEOPLE’
Yep, that explains how speaking out of both sides of your mouth is done, ladies and gentlemen.