April 28, 2014
China: $1272.9 Billion
Russia: $126.2 Billion
If both Russia and China dumped their holdings simultaneously, the dollar would drop to the level of the Mexican Peso and would cease being the major international currency.
Second, while Obama is claiming the U.S. is the world’s largest producer of oil, he is completely wrong:
Oil Consumption 2,200,000 bbls per day
2. Saudi Arabia 11.28%
3. United States 10.74% Oil Production 8,500,000 bbls per day
Oil Consumption 19,000,000 bbls per day
Note here that the United States consumes more than twice the amount of oil they produce. Are they going to ship badly needed oil to poor Ukraine? No, they are not, but they will be true to form and promise much while delivering nothing.
Third, Obama has been braying all over the Orient that American military might is superior. Here are the figures:
Active Frontline Personnel 970,000
Active Reserve Personnel 2,485,000
Armored Fighting Vehicles 27,607
Multiple-Launch Rocket systems 3,371
Active Frontline Personnel 1,430,000
Active Reserve Personnel 850,000
Armored Fighting Vehicles 25,782
Multiple-Launch Rocket systems 1,330
And here, from the government-friendly New York Times, is an interesting comment: 'The Army, which took on the brunt of the fighting and the casualties in Afghanistan and Iraq, already was scheduled to drop to 490,000 troops from a post-9/11 peak of 570,000. Under Mr. Hagel's proposals, the Army would drop over the coming years to between 440,000 and 450,000.' But surely, Obama is firmly supported by the American people who always recognize their government's goal of establishing peace and democracy throughout the world.
#1) A national Rasmussen Reports survey has found that an all-time high 53 percent of all Americans believe that neither major political party 'represents the American people.'
#2) Only 29 percent of Americans believe that the country is heading in the right direction.
#3) Americans disapprove of the job that Barack Obama is doing by a 52.2 to 43.7 percent margin.
#4) Americans disapprove of the job that Congress is doing by a 77.6 percent to 14.2 percent margin.
#5) 52 percent of Americans 'do not think the economy is fair to those willing to work hard.'
#6) 65 percent of Americans are dissatisfied 'with the U.S. system of government and its effectiveness.' That is the highest level of dissatisfaction that Gallup has ever recorded.
#7) Only 4 percent of Americans believe that it would 'change Congress for the worse' if every member was voted out during the next election.
#8) An all-time low 31 percent of Americans identify themselves as Democrats.
#9) An all-time low 25 percent of Americans identify themselves as Republicans.
#10) An all-time high 42 percent of Americans identify themselves as Independents.
#11) 60 percent of Americans report feeling 'angry or irritable.' Two years ago that number was at 50 percent.
#12) 70 percent of Americans do not have confidence that the federal government will 'make progress on the important problems and issues facing the country in 2014.'
The Congo (1960);
Turkey (1960, 1971 & 1980);
Ecuador (1961 & 1963);
South Vietnam (1963);
The Dominican Republic (1963);
Honduras (1963 & 2009);
Iraq (1963 & 2003);
Bolivia (1964, 1971 & 1980);
Panama (1968 & 1989);
Burkina Faso (1987);
Haiti (1991 & 2004);
and Libya (2011)