Why the backlash for winning Nobel Peace Prize?
| October 9, 2009 | Posted by Urban Mogul Life under President Obama |

Friday October 9, 2009 should go down in history for President Barack Obama earning the Nobel Peace Prize, instead pundits and bloggers are finding fault for this accolade.
Obama is only the third sitting president to earn this credential, and Members of the Norwegian Nobel Committee said their choice could be seen as an early vote of confidence in Obama intended to build global support for his policies. They lauded the change in global mood wrought by Obama’s calls for peace and cooperation, and praised his pledges to reduce the world stock of nuclear arms, ease American conflicts with Muslim nations and strengthen the U.S. role in combating climate change. http://news.yahoo.com/s/ap/eu_nobel_peace
The Money side of this story is that as The U.S. trade deficit unexpectedly narrowed in August as exports posted a small gain. So, Nibmillions is not swayed by the nay sayers here in the U.S., instead as the dollar continues to fall, hedge your bets by investing in foreign currency ETFs of more emerging and positive countries.
Don’t believe me just Believe Jay -Z
“It’s sad that rap stars can no longer show their style with a good old $500 bills (featuring President McKinley) and now need to flash 500 euros (featuring some sort of suspension bridge). I don’t need the chairman of the Federal Reserve to tell me about the state of our economy. I just need Jay-Z, the new Alan Greenspan. I don’t blame Jay-Z. A stack of $50,000 in euros would equal $72,000 in U.S. currency. And you’d need 144 $500 bills to equal a stack of 100 500 euros. I don’t know if even Jay-Z has that large a money clip.” –Kelly Evans




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