US backing for world currency stuns markets

[midnight]

US Treasury Secretary Tim Geithner shocked global markets by revealing that Washington is "quite open" to Chinese proposals for the gradual development of a global reserve currency run by the International Monetary Fund.
http://www.telegraph.co.uk/finance/economics/5050407/US-backing-for-world-currency-stuns-markets.html

Not sure what this means other than a world currency... But the fact that the federal reserve, foreign bankers, has been printing our money and we are all in debt except for North Dakota that has a public bank,,,, I'm not sure this is such a good idea....http://www.yesmagazine.org/new-economy/how-wisconsin-could-turn-austerity-into-prosperity-own-a-bank

[Gman]

1. This might be the last straw for the Freepers before they go jumping off a cliff

screaming!

[drm604]

2. For real.

:rofl:

[RKP5637]

4. Yeah, this one one major leg of their conspiracy theories. Also the '666' crowd will

get in on this.

[Hugabear]

10. Might have to tune into Glenn Beck

Just to see his reaction to this. I'm sure there will be heavy use of the chalkboard.

[Gman]

20. Yeah... they'll push the price of gold past $3000

on this one.

[Newest Reality]

3. We are all in debt and

for the most part, in varying degrees, waking up homeless in the country our Fathers and Forefathers fought to create and preserve. America as the United States is pretty much sold out now and a more befitting appellation would be America Incorporated, which, of course, is not of, for and by the People at all. In fact, this new wave of onslaughts assures us of a tangible and inescapable serfdom.

So, SDR's, the multi-trillion dollar, secretive gambling casino, (and whole other economy you are not a part of) called derivatives are the playing field for the wealthy owners of the planet -- individuals and families that are as good as royalty behind their corporate veils.

Without an extreme, united, powerful and relentless revolt in some way shape or form, (staring now) from the American people, what we are seeing is the way it is going to go from now on. It will continue to get dark and dismal and disparate because that's how you truly control people once the facade comes off. You don't just make them do this and tell them they can't do that, you have to truly have the power to make them suffer, (see: Orwell) for the power to be complete. Memorize that because we are on our way there.

Go ahead and tell me that is just my opinion. I've spent years digesting everything I could to understand, (since the Dubya installation) why things are happening that don't jibe with my understanding of how it is supposed to be. My attempts to look into the rabbit hole have been overwhelming and, until recently, decried as doom, gloom, etc.

We are in a critical phase that, if a large segment of our population had known more of the truth, and with some degree of depth, would never have come to this crucial and threatening climax.

[RKP5637]

9. And hence why the monopolization of MSM was such a key element to their ultimate plan by

keeping the masses dumbed down, ill-informed and the spaces filled with disinformation and misinformation. They have effectively splintered the nation such that is lacks a cohesive bonding force to go against their agenda. The nation is under siege and most Americans don't get it, that it's the plan. I completely agree with your analysis. Well said!

:toast:

[Newest Reality]

15. That's right about the mass media!

I know that we can't hammer that point down hard enough. It's a mouthpiece for corporate propaganda and now, probably one of the most virulent and toxic weapons against the people, (and liberty and justice, etc.) ever devised.

Thank you for your acknowledgement and your note about the media. I often post here about that myself.

And to our friends out there: I know that boycotts often are ineffectual these days, but do consider, for your own sanity and clarity, canceling your subscription to cable/satellite television. Send that message. Enjoy being without the short blocks of shows followed by equal amounts of commercials, (that you are paying to see). Free your kid's minds. Think of it as pulling out the cord from the back of your neck. Rent or buy movies and DVD sets of shows you like. Consider it a vote against the machine! Talk to your friends proudly about your accomplishment.

I have been without TV for fifteen years now and I talk with people about this and, believe it or not, some actually do it. They start to change after awhile, too. For the better.

[rasputin1952]

22. It is not merely the "mouthpiece" for corporate America...

it is the nerve center of corporate America.

Many people have wondered why important stories go untouched...it's not hard to figure out when one realizes that the media is dominated by corporations that have nothing to gain from honest reporting and everything to lose. It is little wonder that scandals o unreported in lieu of the current moronic "celebrity" story. Notice how quickly stories about corruption get buried after a minimal note, but Charlie Sheen, (for some unfathomable reason), is plastered 24/7. What does Sheen have that can force some Robber Baron off the front page or lead article? Charlie Sheen is nothing in the scheme of things, and while the country goes down in flames, people actually care what happens to this idiot?

Corporate America understands incrementalism, something most of the citizenry does not comprehend. But there are moments when we see with crystal clarity what is happening. Take WI, IN, OH, ME & NJ...all of these states are run by powerhouse R's, backed by corporate America; there is a thought that this may be the last shot the GOP has at changing things. After all, once the R led House proved to be stymied under a complete lack of leadership and understanding of the voters, the states were the best option for major conservative change. WI brought a lot of unwelcome attention, Conservatives and corporate America did not expect citizen backlash, and they could only go in one direction...hard right. They have also underestimated the power of the internet. MSM stayed away from WI, but cable news and the net proved to be a much harder nut to crack. Conservatives and corporate America are now trying to desperately control the net, I don't think that will happen, especially if D's spine up and realize what is at stake. There is a Golden Opportunity for D's to crush the GOP if they can figure out how to play this...((they might not figure it out, after all, we've seen D's snatch defeat from the jaws of victory before), it is a question of whether they can tap into the deep mistrust citizens have of the GOP agenda. A LOT has to do with how we, the People deal with D's that have been elected to represent us. Phone calls, letters, getting to meetings they have in their districts all have an impact.

The biggest thing is to get citizens involved on levels where they can make changes, it takes hard work, effort and even a little luck, but we can turn the tide and get get misogynists, theocrats and other noxious clowns out if we work toward the goal of taking out the trash.

[Newest Reality]

26. I appreciate your

assessment and only wish that more people would get a solid understanding of these issues. This is vital and your final paragraph is worth noting.

There is a much that we are now compelled to do, or it's only a matter of time as far as the outcome goes. Most certainly, apathy is not an option for those who understand this. It is about uniting our numbers to match and repel the holdings and influence of the wealthy and powerful few.

Thanks again for taking the time to elucidate on important points.

[midnight]

12. The lack of transparency blocks us from knowing much...

Dubya installation?

Bush, I can't let you lose this;
Let you go away.
Bush, I will get you through this.
Supreme Court will rule and save the day, Dubya.

You're our boy; Supreme Court's installation.
We're all you've got to get you by.
You're our boy; Supreme Court's installation.
Without us, Dubya, you couldn't fly...

You never had much "knowing.
Was the least we could do.
Now, can you talk 'bout owing?
Debts to right wing now will accrue, Dubya.

You're our boy; Supreme Court's installation.
We're all you've got to get you by.
You're our boy; Supreme Court's installation.
Without us, Dubya, you couldn't fly...
You couldn't fly...


http://www.oocities.org/gwbushart2/music/lyric_installation.htm

[Marblehead]

28. I have

come to the same conclusion. I never payed much attention until *, now those bastards are taking over and have to be stopped....

[Crusader Rabbit]

5. The NWO... Globalization is all but Certain...

No surprise kids. A global currency is necessary for a global dictatorship. Time to bend over and grab our ankles... Assume the position because here it comes. The whole friggin world run by a room full of CEO's with strings leading to armies ready to be pulled.

[Paradoxical]

6. You're not suppose to take the entire page of blotter.

[SDuderstadt]

14. Jesus...

not this shit again.

[MilesColtrane]

18. You may be going through a proxy, but you have still been identified.

The silent, black helicopters have been dispatched.

Resistance is not recommended.

[OHdem10]

7. OMG, Some Fundies will be over wrought with joy. Some who

follow Van Impe and also LeHay believe as the
end times grow closer we will move to a one world
government and currency as we move into the time
of "Tribulation" under the Leadership of the Anti-
Christ.

I can just see them now.

[RKP5637]

11. Oh, I so hope they float into the heavens soon and leave the rest of us alone. Maybe

December 21, 2012, will be their launch date.

[ohheckyeah]

8. Did the Rapture index just jump

sky high?

[slipslidingaway]

13. knr nt

[madrchsod]

16. ain`t going to happen...

[ClarkUSA]

17. Makes sense. Star Trek, anyone?

[pa28]

19. Interesting comment but this is from 2009.

If Geithner actually moved that way he would be out of a job very quickly. We might lose our reserve currency status in the end but there are plenty of powerful people in the room who will make sure we will never give it up voluntarily.

[RB TexLa]

21. He hasn't said it again since last year around this time. It should be done.

Yes, we will have to drag cave people both right and left into modern times but that is what the world's military forces are for.

[lonestarnot]

23. Told you one world currency coming.

:eyes: I know the crazy fucking right has been trying to spew this into an issue, but yes, it is coming. They aren't building those private prisons for profit for nutt'n.

[WinkyDink]

24. We are being played big-time.

[MadHound]

25. No, the wealthy elite want world currency,

The American people don't, because having the world go off the dollar as the world reserve currency would trash our economy even further.

[Hannah Bell]

27. not only that but almost every country in the world is in debt. one wonders

who the ultimate debtor is.

been wondering about what capital's plans for reorganization were.

it seemed to me with all the financial shenanigans, calls for austerity, & wars going on something of the sort was in the works.