The Biggest Government Bailout Is Yet To Come

By Heidi N. Moore
Posted Thursday, September 24, 2009 - 1:04pm
"If you've got me," Lois Lane once asked Superman as he flew to her rescue, "Who's got you?" We could point that same perplexed question at the U.S. government and its ranks of overwhelmed financial agencies, which are now in bigger danger than the nation's banks ever were... continued @ http://www.thebigmoney.com/articles/judgments/2009/09/24/biggest-government-bailout-yet-come?page=0,0

The Rise and Fall of the Dollar

http://www.zerohedge.com/sites/default/files/images/SeanMaloneRiseFallDollarLarge.jpg

China to Increase Oil Reserves

China plans to increase strategic crude oil reserves by 160 percent to 270 million barrels during the next five years, Nikkei English News said, citing an unidentified official from China’s National Energy Administration.

China will spend 30 billion yuan ($4.39 billion) for stockpiling facilities with a capacity to hold 169 million barrels, the report said.

China Petrochemical Corp., China National Petroleum Corp. and other companies will construct and use the storage sites, the Nikkei said.

http://www.bloomberg.com/apps/news?pid=20601101&sid=aqC60PRYO.Bw

Germans taste machines with Midas touch

Long attracted to the safety of solid gold, Germans will soon be able to sate their appetite for the yellow metal as easily as buying a chocolate bar after plans were announced on Tuesday to install gold vending machines in airports and railway stations across the country.

Continued @
http://www.ft.com/cms/s/0/51f1e17a-5ab7-11de-8c14-00144feabdc0.html

Russia, China to Promote Ruble, Yuan Use in Trade

http://www.bloomberg.com/apps/news?pid=20601087&sid=aSTmuCr.RD88