Posted on 03/12/2011 12:12:53 PM PST by ex-Texan
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.
The dollar plunged instantly against the euro, yen, and sterling as the comments flashed across trading screens. David Bloom, currency chief at HSBC, said the apparent policy shift amounts to an earthquake in geo-finance.
The mere fact that the US Treasury Secretary is even entertaining thoughts that the dollar may cease being the anchor of the global monetary system has caused consternation, he said.
Mr Geithner later qualified his remarks, insisting that the dollar would remain the worlds dominant reserve currency for a long period of time but the seeds of doubt have been sown.
The markets appear baffled by the confused statements emanating from Washington. President Barack Obama told a new conference hours earlier that there was no threat to the reserve status of the dollar.
I dont believe that there is a need for a global currency. The reason the dollar is strong right now is because investors consider the United States the strongest economy in the world with the most stable political system in the world, he said.
America, we have a dire situation in DC.
Wasn’t that a James Bond evil power?
Not a great movie watcher.
Not according to folks involved . . . unless you are including the Mafia as part of the crew ordered by the oligarchy—long in cahoots with them.
It’s urgency is less though.
It was actually a Soviet organization before Fleming appropriated it.
Actually there is lots of evidence that the Outfit was behind the killing. Mafia lawyers have admitted roles in setting it up and remarks by Marcello, Traficante and Giancana admit their involvement. They could all be liars.
Of all those one could suspect of doing the job the Rothschilds are about as far down as one can go. JFK could do nothing unilaterally against the Fed, changes would have to be from the Congress.
But U.S. Mainstream News Media Claim "Everything is Safe" -- They do not even admit there was any leakage . . . Lies all the time lies . . . LOL !
http://e.nikkei.com/e/fr/tnks/Nni20110312D12JFF03.htm
Keeping the Useless Eaters Happy and Well Media Fed . . .
Take a peek at graphic I posted earlier. It speaks for itself
The article is in fact two years old.
It was authored by Ambrose Prichard.
It was an excerpt and gave absolutely no attribution.
Sites “microeffect” frequently plagiarize information that is sensational and do not give attribution.
Someone posted another article a few months back that was a compilation of excerpts from what had been written by others.
The goal is to make them look intelligent, which they are for their deception.
Here is the original article in its entirety:
The end of individual sovereignty.
The end of economic sovereignty.
Checkmate.
Again, I have been proven to be 100% correct on FR
Good point...I mean obama and his black souled minions.
THX THX.
It was not only the FED that JFK was purportedly set to disclose, greatly alter . . . it was the UFO related technologies and realities, too.
imho, if the Mafia was involved—easily likely—I believe it was as puppets.
THX THX.
MUCH APPRECIATE YOUR FAITHFUL PATRIOTISM AND SIGNIFICANT RISK IN POSTING THE TRUTH . . .
TRUTHS SOME WOULD RATHER STICK THEIR HEADS IN THE SAND ABOUT.
The sands get deep and very icky and sticky from bovine squat, blood and vomit
Don’t you just love how the Punk President’s team likes to get news like this on the table when there are huge breaking events elsewhere?
Don't hold your breath. Both parties are in on this. Bush the Elder has been pushing this NWO along with a host of Establishment RINOs.
Hopefully we can flush some more of them down the toilet in 2012 along with more dems.
INDEED.
Right you are.
Though I am skeptical that anything will be flushed down the toilet in 2012 besides the people of the world and the Nation.
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