Makes you wonder...some obscure Canadian professor and the Kazakh president doing a mini-circle jerk over their little Illuminati creation. WTF? But hey, there's a Nobel Prize involved here, so it must be good right? No wonder Mordechai Vanunu, a beautiful man with a fully functioning conscience, told them to take his name off their silly prize list.
KAZAKH President Nursultan Nazarbayev has won backing for his plan for a single world currency from an intellectual architect of the euro currency, Nobel-prize winner Professor Robert Mundell.
...And he received intellectual support from the Canadian economist Prof Mundell, who helped lay the intellectual groundwork for Europe's single currency.
"I must say that I agree with President Nazarbayev on his statement and many of the things he said in his plan, the project he made for the world currency, and I believe I'm right on track with what he's saying,'' Prof Mundell said, adding the idea held "great promise''.
Mr Nazarbayev and Prof Mundell urged the Group of 20 leading developed and developing economies to form a working group on the proposal at their summit on the global economic crisis in London on April 2.
...Mr Nazarbayev's coining of "acmetal'' combines the Greek word "acme,'' meaning peak or best, and "capital.''
Meanwhile, Obama is "highly optomistic" about the economy, as he kisses the asses of the asses who have greedily raked us over the coals.
A third strong day on Wall Street bolstered President Obama's remarks on his confidence in the economy as he addressed members of the Business Roundtable on Thursday afternoon. Media coverage of the President's comments, which included reports in two network newscasts, noted the President's "optimistic" message. On NBC Nightly News, Savannah Guthrie reported the President is "looking to engage the business community, who, let's face it, is a little bit skeptical of some of his proposals, particularly on tax increases, his plans to cap carbon emissions."Uh huh. Sure. Three days of PPT action and we're in a "strong bear market rally," and the very next thing on tap is to take care of corporate America and it's investors, because those are the people who count in this country. Like why don't we lower their taxes already? They deserve a break for all they do for us.
...The Wall Street Journal reports Obama, "in his most aggressive outreach yet to the business community," said he is "ready to talk about lowering corporate income-tax rates and could compromise on his plan to combat global warming."
The AP reports, "Investors have been clamoring for months for a bit of good news. On Thursday, they got a load of it." The Dow Jones Industrial Average "rose 239.66, or 3.5 percent, to 7,170.06," while the S&P 500 "climbed 29.38, or 4.1 percent, to 750.74," and the Nasdaq "gained 54.46, or 4 percent, to 1,426.10." ABC World News reported on the "strong bear market rally." There is "a feeling among investors that maybe at least things have at least stopped getting worse."
And by the way, Iran threatens Israel's existence.
That's some good shit.