XIAM007

Making Unique Observations in a Very Cluttered World

Wednesday 22 August 2012

President Obama needed a do-over to spell “Ohio” correctly on the campus of Ohio State University -

President Obama needed a do-over to spell “Ohio” correctly on the campus of Ohio State University - 




President Obama needed a do-over to spell “Ohio” correctly on the campus of Ohio State University this week. 

Although Obama and several students at a campaign stop Tuesday morning at Sloopy’s Diner on the campus of OSU tweeted out photos of the president correctly posing as the “I” in Ohio, another student supplied a photo of a spelling mishap to Mitt Romney’s campaign.

The photo, tweeted by Romney’s Ohio communications director, Christopher Maloney, shows Obama and three students all a little confused about how to spell the state’s name, with Obama holding his hands up in what seems to be an “H” and as the third letter. 
“A word of advice to @BarackObama: It's ‘O-H-I-O’ that has 18 electoral votes, not 'O-I-H-O,’ ” Maloney tweeted.

The Washington Post incorrectly reported the photo was doctored, but Maloney told The Hill it is authentic. He said the photo was passed along to him directly by a student. There were several photos being taken by students at the diner.

Read more - 
http://thehill.com/blogs/twitter-room/other-news/244765-romney-campaign-calls-out-obama-for-spelling-ohio-wrong

Dollar Shortage Hits Highest Number Of European Banks In Six Months -

Dollar Shortage Hits Highest Number Of European Banks In Six Months - 


This morning's update on the ECB's FX swap usage confirmed what those who care about this kind of stuff already know: the USD shortage in Europe, all Libor and other manipulated and fraudulent signs to the contrary, is getting worse: in the week starting August 23, the number of banks demanding a 7 day USD swap with the NY Fed, and intermediated by the ECB, rose to 12, or the highest since February, while the amount requested was $8.5 billion - the second highest in 2012 so far. In other words, while everyone knows the EUR interbank market in Europe is slammed shut, most likely in perpetuity, courtesy of the trillions in EURs raining from the ECB, it is now once again time for the USD market to implode, something it last did in the beginning of 2012 when the advent of the short-term benefit from LTRO 1 and 2 fixed the funding situation, albeit briefly.



Read more - 
http://www.zerohedge.com/news/dollar-shortage-hits-highest-number-european-banks-six-months