The War of the World currency

The below news articles are foretelling of the battle in the World over a World currency and to whom it will move to, if at all. Presently, the U.S. Dollar is the preferred currency, but the value of this dollar is much weaker then the EURO.

The American currency has been inflated tremendously during this current fiscal crisis. As this truth will finally become reality, will it depress the dollar so much that there is a run on it, that all the Nations of the World holding the dollar will try to be the first out of the gate to shed themselves of the deflation that this inflation will cause on their investment holdings?

China, the holder of 30% of the worlds wealth has a different idea. They want to go to a new currency known as the World Reserve currency printed by the International Banking Community. This currency is already in place, since 1931, but has yet to be distributed. The current debate is to administer 250 billion as soon as possible. But with Europe holding 8 of the 20 seats of the G-20, this prospect is in doubt.

The Euro has resisted the need to lower the currency borrowing by the European Reserve, named the World Reserve when the EURO was created. Though their banks are also in dire straights as the rest of the world, their currency is holding fast and as the world pulls out of this foray of fiscal debacle, the EURO will be manifold in strength.

It is a war of a monetary tsunami. The EURO could fail, the U.S. Dollar could collapse, China could lose much of the wealth. Which way will the world turn? Time will tell. As for what I think? Sorry, can't tell you.

• But one fact that makes one wonder is Iceland. They are the first to collapse and they are going to the EURO. Is that the wave that will result?
• Will the U.S. citizen uprising against the totalitarian Federal Government succeed and cause America to isolate from the World's fiscal folly?
• Will Europe be able to sustain the fiscal pressures of the debt on it's shoulders?
• Will China, Russia and those outside of the G-20 succeed in a new world currency?

God knows what the future holds once we have one world order.

R. George Dunn
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Premier Wants Iceland to Join European Union
New York Times - United States
Ms. Sigurdardottir, 66, argues that membership, together with abandoning Iceland's currency, the krona, for the euro, would provide a shield for Iceland as ...
See all stories on this topic

World Bank, IMF say crisis becoming 'human calamity'
AFP
"No one knows how long this crisis will last," World Bank president Robert Zoellick told a news conference. Although the bank's finances are "in a strong ...

China Vice Fin Min Li Calls For Reform Of Intl Monetary System Wall Street Journal - USA In his speech Sunday, Li noted that the global economic crisis originated from the developed world, as diminishing demand from developed countries "is one ... See all stories on this topic

China Calls for Accelerated Timetable for Reform of World Bank CRIENGLISH.com - Beijing,China "Therefore, we should improve the regulatory mechanism for reserve currency issuance, maintain the relative stability of the exchange rates of major reserve ... The US Rapidly Losing Respect In The World InvestmentWatch By Daniel 'We have agreed to support a general SDR allocation which will inject $250bn (£170bn) into the world economy and increase global liquidity,' it said. SDRs are Special Drawing Rights, a synthetic paper currency issued by the ... Now, it is losing its ability to fund its military, economy, debt service, entitlements and is rapidly losing respect in the world. They will dump it like a hot potato if they think doing so will give them the one world government they have worked ... InvestmentWatch - http://investment-blog.net/ European Tribune - Community, Politics & Progress. By European Tribune The US Dollar will remain "a" major reserve currency for decades to come, if not the only one. While it is conceivable that the US Dollar will no longer be the dominant reserve currency (whether because the euro increases its share, .... This is also why a world currency won't happen. Since most value still comes from threatened violence and the ability to pillage and dominate smaller countries, a world currency without an army to back it up would be meaningless. ... Time to Short the EuroDollar With Forex Currency Trading? World ... By shidie35 I am sure many think currency trading is easy…however there are huge risks due to the leverage involved. It is not prudent to purchase any forex software or forex system to trade forex.There is a learning curve. One does not become a ...

Barack Obama Maintains Control Over Banks By Refusing to Accept Repayment of TARP Money - WSJ.com

facebook R. George Dunn 6:09am Apr 5th Barack Obama Maintains Control Over Banks By Refusing to Accept Repayment of TARP Money - WSJ.com The use of Government agencies to promote a political agenda by use of threat or force is the most diabolical crime there is in a free country. This is an impeachable offense. And this refusal to accept payment smacks of fiscal treason. R. George has shared a link with you. To view it or to reply to the message, follow this link: http://www.facebook.com/p.php?i=827258418&k=4XA5ZVURWX5M5GBHXE24TR Are your friends bothering you? You can opt out of emails from friends on Facebook.

RNCC- Fiscal Responsibility Starts Now *** REALLY?***

You think it is time to be serious and save this Nation or are you smoke and mirrors for the one world order crowd?  Washington does not adhere to the Constitution in hardly any manner what so ever.  If our GOP, who are called by conservative Founding Father values, would look up and do what is right, We would follow Passionately!!!

 

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Note to Americans:

This would seem to be a BIG breakthrough.  It would be well to post this at your blogs, websites, groups - with a follow-up link to Aaron Russo's film (can use http://snipr.com/freedom2fascism ).

 

What's more, contact your local PBS station.  Send them this video, and request that they show "America: From Freedom To Fascism"

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Ten percent of the tax revenue in the Federal treasury is derived from the individual income tax.  That is probably less then half of the heals on desks that could go find a constitutionally legal  job.  Simply do away with the IRS on individuals.  That would certainly stimulate our nations fiscal crisis and it would protect us from the dollar collapsing so that we will be manipulated into the One World Currency, the EURO!

 

If you truly want to hold the Democrats accountable, do it and know that there are four fingers pointing back at you.  You do not need money to stand for truth, not today.

 

May GOD Help Us,

R. George Dunn

 

Ps

America, welcome to the new media.  Let Truth Flourish!  Let us embrace individual State Sovereignties once more!  Let us sit down wisely and create a ten year plan to move the Federal programs back to Constitutional compliance.  Put social programs in the Board of Governors as voluntary programs to each State.

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America: Freedom to Fascism - Director's Authorized Version - 1:51:16 - May 5, 2007
http://www.freedomtofascism.com - www.freedomtofascism.com

Over 3 million views before Google removed it. Get this on DVD now for $1 order at www.freedomtofascism.com

 

<<<America

Do not let Liberty and Freedom slip away.  It came to be by a heavy cost, and will not be retrievable in today's technology of warfare.  Demand Constitutional Conduct NOW!

"A heavy or progressive or graduated income tax is necessary for the proper development of Communism." - Karl Marx

If you want a progressive tax, try the Fair Tax Plan, at a constitutional spending level, say 4% for defense.

See you at the April 15th Tea Party!

See the Light,

George blogging at www.rgeorgedunn.blogspot.com

 

----- Original Message -----

From: Congressman Paul Ryan

To: rgdunn@veionline.com

Sent: Thursday, March 12, 2009 5:46 PM

Subject: Fiscal Responsibility Starts Now

Dear NRCC supporter, As the Ranking Republican on the Budget Committee, I am outraged by the wild and irresponsible spending under the current Democratic Congress. On top of the $787 billion "stimulus package" passed by the Democrats this year, Speaker Nancy Pelosi announced just yesterday that we need to "keep the door open" to another stimulus package. Another "stimulus package"?! Nancy Pelosi and the Democrats won't stop spending until our country is completely bankrupt! She and her far-left allies continue to believe that big government and expanded spending can solve anything. But, you and I know that big government and failed policies are not the answer. And today, I'm asking you to join me in holding Nancy Pelosi and her spend-thrift Democratic allies accountable. The NRCC needs your immediate support today. Will you follow this link to make an immediate donation of $25, $50, $100, $250 or more to help us put a stop to the Democrats' wasteful spending? Every dollar you give is put to work electing fiscally responsible candidates to the House of Representatives. The only way to stop the Democrats' unprecedented spending spree of your tax dollars is to elect a fiscally responsible Congressional majority in 2010 - and this is what the NRCC has set out to do. Every Republican vote for fiscal responsibility counts in putting a stop to the pork-filled, inflated spending bills from the Democratic far-left. And your urgent contribution of $25 or more is needed to get our message of responsible spending to the American people. With your support, we will be able to put a stop to the wasteful spending of your tax dollars and get our economy back on track. Thank you for your generosity and steadfast support. Sincerely, Paul Ryan Ranking Republican, Budget Committee P.S. I'm asking you to stand with me today by calling for fiscal responsibility. The NRCC is dedicated to electing a fiscally responsible majority in 2010 to put a stop to the Democrats' spending spree. And you can help us reach our goal by making an immediate donation of $25, $50, $100, $250 or more to the NRCC. Your generous financial support will make all the difference in our ability to put a stop to the reckless spending from the Democrats. Thank you. -Paul   Unsubscribe   Paid for by the National Republican Congressional Committee and not authorized by any candidate or candidate's committee. www.nrcc.org Contributions to the National Republican Congressional Committee are not deductible as charitable contributions for Federal income tax purposes.

Why we need the Fair Tax Plan now!

Saturday, February 28, 2009

"We Will Recover," Says Obama. "No We Won't," Says Celente; Government Policies Doomed to Fail

KINGSTON, NY, 27, February 2009 -- The wealth of plain, hard facts upon which The Trends Research Institute's forecasts are based belie the lofty promises made by President Obama's first address to Congress.

"We will rebuild, we will recover, and the United States of America will emerge stronger than before," said President Obama.

Said Celente, "The government has yet to fix the levees in New Orleans. There is still a hole in the ground where the World Trade Center once stood. Washington has started two wars it can't win and doesn't know how to finish. The massive bank, brokerage, auto and insurance company bailouts have done nothing to resuscitate the sinking economy. The Troubled Assets Relief Program (TARP) that candidate Obama championed has not "relieved." President Obama's $787 billion American Recovery and Reinvestment Act will not lead to recovery and the nation will not 'emerge stronger than before,'" Celente continued.

Distinguished Men and Women
With only a succession of past Executive and Congressional failures to point to, and with the same people responsible for those failures still holding high office, the belief that this time around it will be miraculously different is nothing less than willful delusion.

 

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comment:

We need the Fair Tax Plan this January with a six month tax reprieve prior starting on June 1st.  I will barter and say July fourth, and not by tea.  It is time for elected leaders to say damn the politics, it is time to be STATESMAN and 'Do the Right Thing'. 

 

 Let history see how the Constitution led our Nation through a revolution without firing a shot!

 

RGeorge

The 'Shadow' controling the GOP gets Obama elected

It is true that the GOP has been taken over by the Elitists in Washington who are the power behind both parties.  Did you ever wonder why it was that the GOP fell into a stupor when they took over both branches, congress and president?  For years the dance was democrats for progressive(big government) and the Republicans for conservative small government.  Then when the dance changed, those in power did not want the GOP platform and were at a loss as how to perform their illusion and still go down the road of Big Government, so they had the GOP pork out and look like idiots, which they ended up being. 

 

In an article, this was wrote of a quote from an CPAC attendee: 

Republicans "have turned it into a big-government Republican party. Clearly, that's not what the American people want," said Trevor Ford, 24, blaming GOP spending for the party's losses at the ballot box. "If you're not doing your job well for that many years, it's bound to happen."

Very well said Mr. Ford.  And the push by these elitists, whom I have been calling the 'Shadow', continues as they are again anointing Romney, their sugar boy in the 2008 primary.  Romney flip flopped more then any democrat running for office during that primary and was so cutthroat, he should have been arrested for fraud.

What is a shock and surprise is how shallow Michelle Malkin is in this articles quoting of her:  http://www.boston.com/news/nation/washington/articles/2009/03/01/reeling_conservatives_assess_damage/?page=2

Malkin, addressing a media workshop, dismissed 2008 GOP presidential contender Mike Huckabee, slamming him for suggesting during the 2008 primary that former Massachusetts governor Mitt Romney was more protective of Wall Street than Main Street.

I hold Michelle in high esteem and am now wondering , is she not seeing the truth and being blind sided by the Shadow or is she part of the darkness.  I hope and will hold to the former as she has always said the right thing before.  We shall see. 

The divide in the GOP is the Wall St.. corporate types verses the grassroots founding Father conservative types fiscally.  Union busting is not a conservative tribute, it is a corporate.  Not supporting the Fair Tax is not conservative, it is corporate.  Any business that is providing a fair days wage for a fair days work is not afraid of unions and any business that is not importing their product will benefit from the Fair Tax.  So who are these corporate types for?  Not me, not the We the people.  It is their agenda that has empowered communism and it is they who are destroying the Nation, not the left.  The left is like the junkyard dog who broke his chain which was weakened by the acid from the Shadow, the Bush bailout.

When it was apparent that McCain was getting a head wind in September, just before the election, the Shadow pulled the rug out from under him by imposing the fraudulent bailout.  The money being needed, they said, was less the funds being moved by the International banking community daily.  If it was that needed, the federal reserve would have pumped it into the system, as they have been.  Nope, it was done to stop Sarah Palin from moving into the President of the Senate and learning the truth of their dance on this Nation.  The shadow was afraid for the Light that she would be.  It is also the very reason that Huckabee had to fight so hard, as the Shadow trembles at the thought of the Governor being President.

Yup, the democrat party serves the agenda of the one world order crowd, if tempered and Obama being president fits their agenda.  If you destroy the American economy, the one world order takes over by implementing the one world currency.  When that happens, the shadow comes out and takes their throne and it will not be a friendly one after a short time of power.  There will be no one to check their power or wrathfulness.

By the way, if you are still in doubt, ask yourself why it is that the left was so eager to support the Bush bailout by bartering for 20 billion dollars for ACORN?  Those boots are made for marching and civilian armies are meant for controlling the masses. 

Watched the Romney CPAC Speech

I watched the Romney CPAC speech.  He was very good with the crowd, but he did lack any substance that would fix the Fiscal crisis.  His approach is less taxes, but has no plan for a permanent fix to job security for the American family.  We have watched our industrial base melt away by corporate Owners like Romney who have made a fortune on importing to America.  If those Corporate types were serious in wanting to fix our free enterprise, they would acknowledge that our tax structure is "A heavy or progressive or graduated income tax is necessary for the proper development of Communism." - Karl Marx and is destroying America and we are watching Washington dance as the last large industry is about to leave America.  As to the other car companies and the big three, how much of the parts are already foreign and assembled here. 

 

Romney also said we need to think of Global Warming not as an American plan, but as an international plan.  How does he figure that a scam at the national level is not a scam at the international level.  What he said sounded just like one of those one world nuts and from what the Bushs have done, they too are of that tree, along with all those elites in Washington.  The audience saw that and reacted, with hardly anyone clapping to the fraud, global warming.

 

Nope, Romney will further divide the GOP.  His days are done, regardless of how much the Washington crowd to include Fox push him.  He might as well save his money for his Grandchildren.  Don't get me wrong, I like Governor Romney, but just as a friend, not as our future leader.  Maybe he should go find a blue State and become it's Governor.  Romney is part of the insider Washington big government crowd who are already exposing their hand in pushing him for president.  NOpe, he is too RINO.

 

RGeorge