Bob Chapman on Power Hour 06 July 2009

Bob Chapman is back from vacation , the topics he touches today is California being broke and issuing IOUs the illegal aliens problem in Cali , a state that is used to spend like there is no tomorrow , the USA Russia tense relations despite the appearances , India joining the countries calling for an alternative to the dollar , and BOB Chapman explains how it is difficult for these countries Russia China India Brazil to get out of the dollar because they have devaluated their own currencies in order to export to the American market while building during the years large amounts of US dollars reserves in the trillions so in deep these countries do not want the dollar to collapse because this will mean a collapse of their savings as well , Cynthia McKinney imprisoned in Israel for trying to bring help to Gaza ......and as always Bob Chapman will talk about the gold silver prices stocks wall street and much much more

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