The dominoes are falling

First, Greece is collapsing, France, Portugal etc to follow, then Germany. The dollar will look strong as it becomes the place to put EU.  That is an illusion


The TIPS, the US inflation protection bonds were moving up this week, according to Bob, this is contrary to the dollar moving up.  Historically, the TIPS should go down. The smart money is moving into them.


Gold and silver are up, but historically they should be down as the US dollar is strong.....but....  


So get that silver or TIPS, now.  Forget timing the market. The first domino is falling. Today's blips will be the floor of tomorrow.


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Washington Post, from Greg:

HI lawmakers vote to limit Obama document requests

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The Associated Press 

Tuesday, April 27, 2010; 11:03 PM

HONOLULU -- Hawaii legislators have passed a measure allowing a state agency to ignore repeated requests from a person or organization for PresidentBarack Obama's birth certificate.

The measure approved Tuesday by the state Legislature would carve an exemption in the state's public records law and allow officials to ignore all kinds of duplicative requests, including those for Obama's birth certificate.

Hawaii Health Director Dr. Chiyome Fukino has issued two statements since 2008 saying she had seen vital records proving Obama is a natural-born American citizen. Obama was born in Honolulu to a Kenyan father and an American mother.

But state officials say they still get between 10 and 20 e-mails each week seeking verification of Obama's birth.

The bill now goes to Gov. Linda Lingle.

The bill is SB2937.

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I like it when Fukino refuses to release information for privacy reasons, then tells you what is on file. Not a good lie. Who knows where the conclusion came from that the vital records prove Obama is a natural born citizen?  The hearsay of a clerk who was not suppose to release any private information?  The newspaper? Facts would be wonderful, no.  So, absent non-hearsay facts, just apply Occam's razor. 


Nonetheless, Hawaii and The Washington Post agree Obama had a Kenyan father.

Slaughterhouse Cases, 83 U.S. 36 (1872): The Court discussed (not an opinion on the subject)  the Citizenship Clause of the Fourteenth Amendment:the phrase 'subject to the jurisdiction thereof' was intended to exclude from its operation children of ministers, consuls, and citizens or subjects of foreign states, born within the United States

 The Supreme Court has not directly ruled on exactly what natural born means. Nonetheless, Mr. Obama's father was a British citizen and returned home after school.  He was the subject of a foreign state and his son was his son - perhaps a dual citizen who was required to renounce his British (Indonesian?) citizenships.  I have no idea why I am in triple space and can't remove it.