Betraying Israel, China suggests one world currency as alternative to holding US assets

1) A fearful thing, betraying Israel …All of this is lost on the liberal media, just as it apparently has been on the liberal Obama administration. The World Tribune reported this week that Israeli Chief of Staff Lt. Gen. Gabi Ashkenazi cut short his visit to Washington after getting an "extraordinarily cool" reception from the new U.S. administration.  General Ashkenazi reportedly attempted to arrange meetings with President Obama, Vice President Biden and intelligence czars Bob Gates, Dennis Blair or Michael Mullen. None of them would see him. He had valuable intelligence information about Iran to share with them.  The Tribune quoted an unnamed diplomat who told them, "The administration is sending a very clear message to Israel, and this is we want to talk about Palestine and not Iran."  When an Iranian-made atomic bomb hits the U.S., they may wish they had never said this.  And Israel Today is reporting that the Obama administration is not just cool to Israel. It alleges that President Obama "is about to break America's long ties of friendship with Israel, and maybe even take steps toward the dissolution of the Jewish state." See: http://www.hallindsey.com/index.php?option=com_content&task=view&id=340&Itemid=59 2) Treasury's toxic asset plan could cost $1 trillion WASHINGTON (AP) - The Obama administration's latest attempt to tackle the banking crisis and get loans flowing to families and businesses will create a new government entity, the Public-Private Investment Program, to help purchase as much as $1 trillion in toxic assets on banks' books. See: http://apnews.myway.com/article/20090322/D973AFAO0.html 3) China calls for new reserve currency China’s central bank on Monday proposed replacing the US dollar as the international reserve currency with a new global system controlled by the International Monetary Fund. In an essay posted on the People’s Bank of China’s website, Zhou Xiaochuan, the central bank’s governor, said the goal would be to create a reserve currency “that is disconnected from individual nations and is able to remain stable in the long run, thus removing the inherent deficiencies caused by using credit-based national currencies”. Analysts said the proposal was an indication of Beijing’s fears that actions being taken to save the domestic US economy would have a negative impact on China. See: http://www.ft.com/cms/s/0/7851925a-17a2-11de-8c9d-0000779fd2ac.html?nclick_check=1 4) Rep. Frank calls Scalia a 'homophobe' in interview See: http://news.yahoo.com/s/ap/20090324/ap_on_go_su_co/scotus_frank