Protect Your Savings, Learn from Foreign Central Banks and the Super Rich

In uncertain economic times as these when U.S. banks, government institutions, and the FDIC itself is nearing bankruptcy… don’t be unwise and bet on big brother to take care of you. Let’s not forget the United States of America is the world’s largest debtor nation with $10 trillion and counting amassing billions in interest daily.

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Given America’s troubling foreign policy by which it irritates and alienates many of the nations holding its debt and Treasury bills, it won’t be long before the nations of the world and OPEC say no more and opt for other currencies over the dollar.

Be discerning and diligent to guard your hard earned assets and protect your life savings. Learn from the foreign central banks governing monetary policy of nations and the super rich, who diversify their currency reserves and are increasingly adding their holdings of gold, Euros, and Chinese yuan while dumping dollars.

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Foreign Currency Exchange Swap Lines – What Central Banks are Whispering?

In response to continued strains in short-term funding markets, Central Banks across the world have coordinated actions to significantly expand the capacity to provide U.S. dollar liquidity. Central banks publicly commit to continue to work together closely and say they are prepared to take appropriate steps as needed to address funding pressures.

This should serve to drive up the value of the dollar on the short-term (for a month or so) until fear and panic eventually take hold and Central Banks one by one begin dumping dollars.

That being said, there are some short-term possible gains for those who invest in the dollar and substantial long-term gains for those who sell dollars while they are high and opt to invest and protect their savings in strong currencies such as the Euro and Chinese yuan. Of course a safe haven for consumers and investors with less intestinal fortitude would be gold.

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The U.S. Federal Reserve announced several initiatives to support financial stability and to maintain a stable flow of credit to the economy during this period of significant strain in global markets.

The Fed commits to continue to adapt these liquidity facilities as necessary and will keep them in place as long as circumstances require.

Actions by the Federal Reserve include:  (1) an increase in the size of the 84-day maturity Term Auction Facility (TAF) auctions to $75 billion per auction from $25 billion beginning with the October 6 auction, (2) two forward TAF auctions totaling $150 billion that will be conducted in November to provide term funding over year-end, and (3) an increase in swap authorization limits with the Bank of Canada, Bank of England, Bank of Japan, Danmarks Nationalbank (National Bank of Denmark), European Central Bank (ECB), Norges Bank (Bank of Norway), Reserve Bank of Australia, Sveriges Riksbank (Bank of Sweden), and Swiss National Bank to a total of $620 billion, from $290 billion previously.

These steps are being undertaken in an attempt to mitigate pressures evident in the term funding markets both in the United States and abroad.  The Federal Reserve’s actions are desiring to reassure financial market participants that financing will be available against good collateral, which they hope will lessen concerns about funding and rollover risk.

84-Day Maturity TAF Auctions
The increase to $75 billion per auction will triple the supply of 84-day maturity credit to $225 billion from $75 billion.  TAF credit at the 28-day maturity will remain at $75 billion.  The total amount of TAF credit available in the 28-day and 84-day auction cycles will double to $300 billion from $150 billion.

Foreign Exchange Swap Lines
The Federal Open Market Committee (FOMC) has authorized a $330 billion expansion of its temporary reciprocal currency arrangements (swap lines).  This increased capacity will be available to provide funding for U.S. dollar liquidity operations by the other central banks.  The FOMC has authorized increases in all of the temporary swap facilities with other central banks.  These larger facilities will now support the provision of U.S. dollar liquidity in amounts of up to $30 billion by the Bank of Canada, $80 billion by the Bank of England, $120 billion by the Bank of Japan, $15 billion by Danmarks Nationalbank, $240 billion by the ECB, $15 billion by the Norges Bank, $30 billion by the Reserve Bank of Australia, $30 billion by the Sveriges Riksbank, and $60 billion by the Swiss National Bank.  As a result of these actions, the total size of outstanding swap lines is $620 billion.

All of the temporary reciprocal swap facilities have been authorized through April 30, 2009.

Dollar funding rates abroad have been elevated relative to dollar funding rates available in the United States, reflecting a structural dollar funding shortfall outside of the United States.  The increase in the amount of foreign exchange swap authorization limits will enable many central banks to increase the amount of dollar funding that they can provide in their home markets.  This should help to improve the distribution of dollar liquidity around the globe. Whether the value of the dollar holds on the long term against inflation and deflation however is highly unlikely.

That being said, there are some short-term possible gains for those who invest in the dollar and substantial long-term gains for those who sell dollars while they are high and opt to invest and protect their savings in strong currencies such as the Euro and Chinese yuan. A more cautious and safe route for consumers and investors is also found in the safe haven of gold.

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Is DMAE safe for your skin? Watch for swelling of the skin.

I recently referred to my Natural Healing book (about the size of an encyclopedia volume) concerning anti-aging vitamins and nutrients for skin. Among the suggestions was something called DMAE. After visiting the Vitamin Shoppe and buying  a laundry list of vitamins, I began daily taking the supplements.

I also began applying freshly cut lemon to my skin and left it there during the day and at night while asleep. I began to notice my pores were getting cleaner, but my face seemed to be growing like Barry Bonds head on steroids. Not my desired look.

I stopped the lemon thinking it may be the culprit and began using Witch Hazel and a toner I bought while on a cruise. The swelling seemed to still be there. Then I investigated DMAE online and found the excerpt from the article below, the key points underlined for emphasis. If anybody has any experience with DMAE (and getting off it to reduce the swelling of the face), please let me know. I am taking 130mg capsule (which I will probably discontinue to see how this may reduce swelling of the skin).

Vacuolization is the development or formation of vacuoles (small cavities or space in the skin tissue) containing air or fluid. It’s kind of like when a guy uses steroids for muscular development or takes creatine, you retain water and blow up. Not a nice look in the face by any means.

RevivingNations@yahoo.com

http://www.PaulFDavis.com

DMAE (dimethylaminoethanol) is a skin care ingredient enthusiastically touted by many skin care vendors. One of the reasons for its popularity is that it is one of the very few agents (perhaps even the only one) shown to produce some skin tightening and modestly reduce facial sag.

However, a 2007 study published in the British Journal of Dermatology raised safety concerns regarding topical DMAE. Dr. Morissette and colleagues, from the University of Quebec, studied the effect of DMAE in human skin cell cultures and rabbit skin.

The researchers found that adding DMAE to the cultures of fibroblasts (key type of skin cells) produced the effect known as vacuolization. Vacuolization is often observed in cells after various types of damage as cells try to encapsulate and excrete foreign agents and/or their own damaged components. Hence the researches concluded that the vacuolization induced by DMAE was suggestive of cell damage. They also observed that DMAE impaired the ability of fibroblasts to divide. Notably, the above adverse effects reversed after DMAE had been washed out of the culture following a short-term exposure. (Long-term exposure has not been studied.)

http://www.smartskincare.com/ingredients/dmae_safety.html

Burma’s Aung San Suu Kyi conferred honorary Canadian citizenship while under house arrest in Myanmar

Burma’s pro-democracy icon and Noble Peace Laureate Aung San Suu Kyi, who is under house arrest, will be conferred an honorary citizenship by the government of Canada.

I think it’s so cool Burma’s human rights advocate and Nobel Peace Laureate who has struggled selflessly for years for the liberation of her people, will be honored in such a way.

My wife is Canadian and I think that’s a first class move of solidarity with Aung San Suu Kyi and the people of Burma.

I’ve been to Burma several times ministering in various churches covertly and was disgusted with the level of governmental corruption I experienced. From the time you go through customs and cross the border, the greedy government is in your pocket making you exchange $300 USD in exchange for the FEC (federal worthless currency), which even the locals don’t want. Then to be of any value in Burma you must exchange the FECs for chat (the local currency), which you lose about 7% value upon immedite exchange. So basically the government beyond the visa immigration fees, wants another $21 upon arrival per person for themselves.

What makes my blood boil is the way you can’t travel freely throughout Burma. Nevertheless I went to several black out zones to preach the Good News of Christ to former University students (who couldn’t attend University for a while because the ignorant and fearful government had for some time shut the Universities down in an effort to practice mind control and a futile attempt to rid the land of democratic ideals from the West).

Laugh out loud at such governmental stupidity! Now the monks and people throughout Burma are rising up and boldly challenging the military junta – some even dying for their battle for freedom. The recent cyclone that devastated the country showed the heart of the governmental junta who withheld foreign assistance and aid for weeks, fearing they’d lose control over the people.

I pray God Almighty breaks the back of the enemy and causes the evil to bow before the good in Burma and be brought to justice swiftly before international tribunals for crimes against humanity. I pray corrupt governmental officials in China backing this brutal regime in Burma also be brought to justice.

Paul F Davis – international speaker, worldwide minister, peace activist for human rights, and author of several books including Poems That Propel The Planet

http://www.PaulFDavis.com
RevivingNations@yahoo.com

Breaking Down Walls – Lessons From 11-9 For A Post 9-11 Era

The Berlin Wall, known in the Soviet Union and in the German Democratic Republic as the “Anti-Fascist Protective Rampart,” was a separation barrier between West Berlin and East Germany (the German Democratic Republic), which closed the border between East and West Berlin for 28 years. Construction on the wall began on August 13, 1961, and it was dismantled in the weeks following November 9, 1989. The Berlin Wall was the most prominent part of the inner German border and an iconic symbol of the Cold War.

Conceived by the East German administration of Walter Ulbricht and approved by Soviet leader Nikita Khrushchev, it was built during the post-World War II period of divided Germany, in an effort to stop the drain of labour and economic output associated with the daily migration of huge numbers of professionals and skilled workers from East to West Berlin, and the attendant defections, which hurt the Communist bloc economically and politically.

The Wall was successful at decreasing emigration (escapes – “Republikflucht” in German) from 2.5 million between 1949 and 1962 to 5,000 between 1962 and 1989.[2] However, it was a propaganda disaster for East Germany and the Communist bloc. It became a key symbol of what Western powers regarded as Communist tyranny, particularly after the high-profile shootings of would-be defectors.

Political liberalization in the late 1980s, associated with the decline of the Soviet Union, led East Germany to relax border restrictions, culminating in mass demonstrations and the fall of the East German government.

On November 9, 1989, the government announced that crossing of the border would be permitted. Masses of East Germans approached and then crossed the wall, and were joined by crowds of West Germans in a celebratory atmosphere. Over the next few weeks parts of the wall were chipped away by a euphoric public and by souvenir hunters; it was later removed using industrial equipment.

How can we daily chip away at and break down walls in a post 9/11 era?

1. Refuse to be gripped and governed by fear.
Fear is self-centered revolving around self-preservation. Fear has torment and is paralyzing. Fear is interest paid in advance on something you most likely will never own. It has been said ninety percent of our fears never occur. Therefore the only thing to fear is fear itself. Be bold, courageous, and fearless!

2. Believe the best about people, until they prove otherwise.
People should be innocent until proven guilty. Seek to prove people worthy, rather than looking for guilt. There is good in all of us that needs to be affirmed and recognized. Every saint has a past and every sinner has a future. Before you entertain and listen to the bad about a person, ask to hear about the good.

3. Love and accept people unconditionally.
The Creator and universe loves and accepts us unconditionally as human beings. Do likewise. Create a culture of love and acceptance. As you do a community to which others want to belong will be created. Give people hope to belong, believe, and become.

4. Be hopeful and expect the best from people.
When you show a positive expectation toward people, you cause them to want to live up to your expectations. It is the force of faith in operation pulling people higher. Speak to and address people’s potential. Enlarge their vision and horizon paving the way for them to step into it.

5. Don’t be paralyzed by presumption and erroneous predispositions.
Beware of propaganda. Don’t believe everything the media and people tell you. Most often they are misinformed or only partially telling the entire story. Do your homework before wholly embracing something as gospel truth.

6. Investigate and seek the truth.
You shall know the truth and the truth shall make you free.  Not everything you hear is worth listening to. Truth must be tested and examined over time. Lies last but for a moment. The truth however is timeless and always does endure. Hold to the truth and don’t sell out to compromise.

7. Celebrate and honor all peoples.
As you live and let live, you shall liberate people. Celebrating and honoring people is the first way we bond with them. Before we can together build, we must first bond. Let the bonds of brotherhood grow, increase, and be strengthened.

8. Forgive and live.
We all make mistakes. Give people another chance. We as individuals and nations learn over time. For some it takes more time than for others to catch on. As we forgive, we free ourselves from carrying hostility and hate within our hearts. When we forgive we live and allow others to do the same.

9. Be patient, peaceful, and progressive.
Change doesn’t happen overnight. It is progressive and ongoing. Strive to be patient with people and nations as we all evolve. People make changes in an atmosphere of love. Russia’s Gorbachev brought down the wall because of President Reagan’s charm and heartfelt appeal. Reagan never threatened Gorbachev with war if he didn’t obey.

Love is patient and kind. Patience and a peaceful disposition often precedes progress. Nobody likes to be pushed. Patience tenderly and purposefully pulls people by their heart strings forward progressively.

10. Let dialogue and diplomacy replace hostility.
National dictators often just want to be recognized on the global scene and acknowledged. By welcoming everyone to the table to talk, we can diffuse much hostility and build bridges internationally. Nobody every died during a discussion. Dialogue and diplomacy enables us to go deeper to the real root issue motivating a person.

Let us all continue to break down walls between us so we can be a global community interconnected with heartfelt understanding and compassion.

Paul F Davis – author of United States of Arrogance

Paul Davis is a worldwide minister, peacemaker, change master, mediator, and life purpose coach (relational & professional).

Paul is the author of several books including Breakthrough for a Broken Heart; Adultery: 101 Reasons Not to Cheat; Are You Ready for True Love; Stop Lusting & Start Living; Waves of God; Supernatural Fire; Poems that Propel the Planet; and God vs. Religion.

Paul’s compassion for people & passion to travel has taken him to over 50 countries of the world where he has had a tremendous impact. Paul has served in many war-torn, impoverished and tsunami stricken regions of the earth. His Dream-Maker Inc. is building dreams, breaking limitations & reconciling nations.

Paul’s Breakthrough Seminars inspire, revive, awaken, impregnate with purpose, impart the fire of desire, catapult people into a new level of self-awareness, facilitate destiny discovery and dream fulfillment.

Contact Paul to minister, speak at your event, or for consulting:

RevivingNations@yahoo.com
407-284-1705

http://www.PaulFDavis.com