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Posts Tagged ‘currency’

EZ New Flag

Plagued with debt problems, the E.U. has apparently changed its name to the Eurozone.  

“What’s in a name? That which we call a rose, By any other name would smell as sweet.” 

Here Juliet tells Romeo that a name is an artificial and meaningless convention, and that she loves the person who is called “Montague”, not the Montague name and not the Montague family. Romeo, out of his passion for Juliet, rejects his family name and vows, as Juliet asks, to “deny (his) father” and instead be “new baptized” as Juliet’s lover. This one short line encapsulates the central struggle and tragedy of the play.
http://www.enotes.com/shakespeare-quotes/what-s-name-that-which-we-call-rose

No matter the name, The European Union, European Commission, E.U. or Eurozone, these countries are not playing for love, but for money and survival in the real world- far from Shakespeare’s time.

The flag looks like another spooky eyeball staring at you from The New World Order. There are 12 stars and 27 member states. Maybe it has to do with a clock having twelve positions, implying in time that there will only be 12 members in the future or that time will tell if the Eurozone survives.

More on the EU or Eurozone here at  http://en.wikipedia.org/wiki/Portal:European_Union and http://en.wikipedia.org/wiki/Eurozone.

Greenland is the only territory to have left the EU and it would appear, it was a smart move.

For all the implications  for the value of sterling and gilts of talks to form a British government, investors are this weekend probably more concerned about negotiations to stabilize the euro involving the European Central Bank and European government heads – as Jim O’Neill of Goldman Sachs pointed out on the Today Programme.

The big threat, not just to the health of the eurozone economy but to the world’s prosperity, is that Continental banks are finding it harder and more expensive to borrow for longer periods on wholesale markers.

That’s because their creditors are worried about their substantial loans to overstretched eurozone governments, through their respective holdings of assorted eurozone government bonds.  http://www.bbc.co.uk/blogs/thereporters/robertpeston/2010/05/the_ecb_matters_more_than_cleg.html

In the midst of a financial disaster, we have a new flag.  Whip dee do.

On a rather sketchy legal basis, the leaders have told the European Commission to meet on Sunday and draw up plans for a “mechanism to preserve financial stability in Europe”.  The body that met today has no legal status, though Mr Sarkozy kept talking about “the council of the eurozone”, which I have never heard of before. When the European Commission has finished drafting proposals for this secret weapon on Sunday morning, it will be approved by the finance ministers of the EU’s 27 member countries on Sunday afternoon, and the new mechanism will be in force on Monday morning, in time for market opening, Mr Sarkozy said.  http://www.economist.com/blogs/charlemagne/2010/05/euro_crisis_0

Funny thing is, President Nicolas Sarkozy is not in anyway a leader of this group.  Ahh the limelight. 

The only other name change I can recall for a group of member states is when President Bush and subsequently President Obama, refer to the U.S. as The Homeland. 

The Homeland term is derived from and equivalent to the German Nazi term “der Fatherland”. Der Fatherland was used by Hitler to impassion Germans with patriotism, diverting their attention from laws, legislation and programs authorizing genocide and ethnic cleansing. http://www.urbandictionary.com/define.php?term=homeland.

Does the Patriot Act ring any bells in diverting law?

North American Union Logo

When the North American Union Logo shows up on a Flag in America you’ll know we are destined to see the end of U.S. Currency and sovereignty.  It sounds just like what has happened to the countries of the Eurozone.

HT to  http://www.waykiwayki.com/2010/05/just-quickie-as-im-pretty-busy.html

flag tounge      

Open wide, say ahhh and check out more posts from Ahrcanum!      

Shaking, rattling and rolling into the conspiracy, truth and science of EARTHQUAKES,  VOLCANO’s, HAARP, EISCAT, Tesla, etc., read more posts at https://ahrcanum.wordpress.com/earthquakes-haarp/       

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“The dollar should be replaced with a global currency, the United Nations has said, proposing the biggest overhaul of the world’s monetary system since the Second World War.”

http://www.telegraph.co.uk/finance/currency/6152204/UN-wants-new-global-currency-to-replace-dollar.html

Told you so.

Dollar_Obama_ThankYouSucker

https://ahrcanum.wordpress.com/2009/03/27/obamas-illuminati-ponzi-of-the-dollar/

https://ahrcanum.wordpress.com/2009/06/26/bank-holiday-coming-in-god-we-trust-or-obama/

https://ahrcanum.wordpress.com/2009/06/18/obama-dismantling-the-dollar-in-the-new-world-order/

https://ahrcanum.wordpress.com/2009/06/17/bond-seizure-the-nwo-illuminati-push-for-new-currency/

https://ahrcanum.wordpress.com/2009/04/04/new-world-order-obamas-tomorrow-land-is-today/

https://ahrcanum.wordpress.com/2009/04/24/g7-meet-to-plan-new-world-order-economics/

https://ahrcanum.wordpress.com/2009/03/25/obamas-new-order-the-amero/

https://ahrcanum.wordpress.com/2009/03/24/new-world-currency-new-world-order/

https://ahrcanum.wordpress.com/2009/02/07/stimulus-bill-for-the-amero/

“Welcome to the United Nations.  It’s your world.” is the trademark for the UN website http://www.un.org/en/ adding, “We the peoples…A stronger UN for a better world.”

The wing (nuts) of the UN- The United Nations Conference for Trade and Development, UNCTAD  have released a report calling for the elimination of the dollar. The full text of the  Trade and Development Report 2009 http://www.unctad.org/Templates/webflyer.asp?docid=11867&intItemID=1397&lang=1&mode=downloads.

The Telegraph summed it up:

In essence, the report calls for a new Bretton Woods-style system of managed international exchange rates, meaning central banks would be forced to intervene and either support or push down their currencies depending on how the rest of the world economy is behaving.

“Replacing the dollar with an artificial currency would solve some of the problems related to the potential of countries running large deficits and would help stability,” said Detlef Kotte, one of the report’s authors. “But you will also need a system of managed exchange rates. Countries should keep real exchange rates [adjusted for inflation] stable. Central banks would have to intervene and if not they would have to be told to do so by a multilateral institution such as the International Monetary Fund.”

p. 12 [The SCHEME] Whatever form an enhanced scheme of SDR allocation may take, it will only be acceptable to all countries if the terms on which SDRs can be used as international liquidity are absolutely clear-cut, particularly the  parity of the SDR vis-à-vis all national currencies. The Bretton Woods system and the European Monetary System provide precedents for what could be an appropriate solution for determining exchange rates within a multilateral framework. In these systems the implicit rule was that the exchange rate of a national currency with the international currency was determined by the purchasing power of that currency expressed in all other currencies.

Straightforward and simple- To define the scheme, the dollar is going to be worthless or worth less upon the acceptance of a new global currency. The financial system that thrives on currency trading would do so no more.  So much for economics of growth in America!  NAFTA and GATT were the first steps to the “giant sucking sounds” quoting, Ross Perot who stood firmly that NAFTA would cause U.S. jobs to go south, and manufacturing east to china.  

China’s reserves are now more than – $2 trillion, the world’s largest.  Cheng Siwei now head of China’s green energy drive said referencing the US, “If they keep printing money to buy bonds it will lead to inflation, and after a year or two the dollar will fall hard. Most of our foreign reserves are in US bonds and this is very difficult to change, so we will diversify incremental reserves into euros, yen, and other currencies,” he said. http://www.telegraph.co.uk/finance/economics/6146957/China-alarmed-by-US-money-printing.html  As proof of TARP’s failure- The more “money” the Federal Reserve creates – the less your “money” buys.

China, Germany, the U.N. and others previously called for a new “international reserve currency”, lessening a dependence of the dollar and U.S. economy.  Timothy Geithner’s response? He is ”quite open” to the suggestion to remove the greenback.  A$$hole- can’t even file his own taxes correctly.

Sir James Goldsmith warned of the trappings of Globalization in his book the Trap.
http://www.amazon.com/Trap-James-Goldsmith/dp/078670263X/ref=sr_1_3?ie=UTF8&s=books&qid=1246039027&sr=1-3.  He also testified to the dangers of globalization to Congress in 2007 with the transcript here http://www.alanwattsentientsentinel.eu/english/transcripts/Alan_Watt_Blurb_Sir_James_Goldsmith_US_Senate_Speech_Oct192007.html saying , “Senator, there’s absolutely no doubt whatsoever that the World Trade Organization is a major diminution of sovereignty.”…”  Its only purpose is to impose discipline on all the nations to accept a trading system, and that that discipline should be under the control of all the nations that participate on a ‘one vote, one nation’ basis.”

The Security and Prosperity Partnership of North America (SPP) exists in part, as a perfect way to introduce a regional currency called the Amero and regional cooperation between the U.S. Canada and Mexico. www.spp.gov This is just another step at eliminating sovereignty making the transition to a world currency more easily acceptable.  The EU has the euro, is the Amero really not plausible? 

1. Global Currency 2. Global Government 3.  Unbridled control over the World.

In asking how much money the U.S. gives to the UN? “For a brief overview, due to underfunding of U. treaty-obligated payments to the UN, the U. 5 billion in permanent debt to the UN. As of March 2008, the U. 4 billion in obligations to the UN, so progress has been made over the last year. Majority of the current U. 3 billion) is for peacekeeping missions. is assessed 22% of the UN regular budget and 26% for UN peacekeeping appropriations. http://www.xmediapartners.com/How_much_money_does_america_give_to_the_united_nations-qna3436.html

If the UN doesn’t like our American currency, they can stop taking our money anytime. 

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In a parody of the song, The Candy Man Can from Sammy Davis Jr., funny man Tim Hawkins has brilliantly assembled political lyrics in his latest video, The Government Can. http://www.timhawkins.net/

If YouTube gives awards like the Oscar’s or Grammys, this is sure to be nominated by members of  all political parties who are disgruntled with the current spending trends and debts. 

The National Debt Clock is ticking higher to an average of $3.89 billion per day since September 28, 2007. http://www.brillig.com/debt_clock/  and here it it broken down into categories http://www.usdebtclock.org/ including the per citizen debt of $38,000.

Congress will be forced to raise the legal limit on the nation’s debt later this year as the amount the government may borrow from the public, (that’d be us people who actually pay taxes unlike Timothy Geithner our Treasury Secretary) including foreign creditors, is limited by law to $12.1 trillion.  Today’s debt clock is $11 trillion give or take.

The Congressional Budget Office projects President Obama’s policies will require an additional $9 trillion in borrowing over the next decade.http://www.cbo.gov/ftpdocs/102xx/doc10296/06-16-AnalysisPresBudget_forWeb.pdf  has the President’s Budget Proposals for FY 2010. ” 

Under the President’s policies, the deficit in 2009 would total $1.8 trillion and equal 13.0 percent of gross domestic product (GDP), CBO estimates. The deficit in 2009 would be $157 billion higher than what is expected to occur under current law—primarily because of  additional spending for the government’s actions to stabilize financial markets and for ongoing military operations in Iraq and Afghanistan.

Oprah, a huge Obama supporter has a few ideas of her own to help reduce debt saying- “While the market plunges, free-floating anxiety is rising. If exercise and meditation aren’t your thing, here are a few other strategies you may not have considered.” http://www.oprah.com/subtopic/money/debt  Maybe someone from government should simply take a look at suggestion number 4- Stop Spending.

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Just when I think American economists and politicians have the slightest clue about the most basic facts of world affairs, international trade, or the nature of money, I am reminded yet again of the hypocrisy of this financial and social abyss toward which America is heading in the pecking order of the New World Order.

The U.S. government owns the banks and the car industry.  It sets the rules, makes them up as it goes along and has control over the money supply.  It apparently has no oversight as the Fed in May tap danced around the missing  NINE TRILLION DOLLARS that we could sure use about now. 

Say nothing of main stream media whose focus on the deaths of Michael Jackson is a slap in the face. Icon, perhaps but a role model-hardly. What about all the dead soldiers from U.S. Wars and the one’s breathing  in over 130 foreign countries?  No views of them in the nightly news.

No worries though, Congressman Barney Frank (D-MA), Chairman of the Financial Services Committee, introduced legislation decriminalizing marijuana at the federal level again. If passed, the legislation would eliminate criminal penalties for possessing 100 grams or less of marijuana for personal use.  Not to be outdone, San Francisco Assemblyman Tom Ammiano announced the introduction of a bill to tax and regulate marijuana like alcohol in the state of California.  Yippee,  another government owned industry!  Obama just signed a huge tax increase on tobacco, I can only image the tax on a joint.

“The Ammiano legislation would create a regulatory structure for that market similar to that for beer, wine and liquor: it would regulate taxed sales to adults while barring sales to or possession by those under 21. Estimated annual revenue from fees and sales and excise taxes under the proposed regulations runs into the billions of dollars.http://www.drugpolicy.org/news/pressroom/pressrelease/pr022309b.cfm

Maybe the U.S. Government can subsidizes pot growers like it does cotton, corn, soybean and other farming industries with my tax dollars.  Maybe we can trade it on the commodities exchange and all the traders can get a little profit too.  I wonder what currency it will trade-  USD, Amero, Acmetal, Euro…? 

The rest of the world is focusing on a new reserve currency in the New World Order and we focus on legalizing pot and subsidizing farmers in Afghanistan. As of the 111th Congress, Frank is also advocating a 25 percent reduction in the overall Military budget of the United States.

The Huffington Post http://www.huffingtonpost.com/2009/06/27/us-announces-shift-in-afg_n_221826.html says that “The United States has announced a new drug policy for opium-rich Afghanistan, saying it was phasing out funding for eradication programs while significantly increasing its funding for alternate crop and drug interdiction efforts. The War on drugs in the U.S has thousands in prison for drugs with our failing policies here, and we are expected to believe that sending millions there will be a deterrent?  I still have that little island in the desert for sale if anyone is interested.

Last week when leaders of the so-called BRIC nations (Brazil, Russia, India and China) held their first summit.  The BRIC countries comprise 15 per cent of the world economy, 40 per cent of global currency reserves and half the world’s population.  The governments of BRIC and must be laughing like they were smoking marijuana and injecting heroin at America.  Our elected officials focus on legalizing pot rather than be bothered with the cumbersome announcement from Russian President Dmitri Medvedev that the U.S dollar is on notice.

“The artificially maintained unipolar system”, he lectured, is based on “one big centre of consumption, financed by a growing deficit and … one formerly strong reserve currency.” At the root of the global financial crisis, he concluded, is that the US makes too little and spends too much.   “The summit must create the conditions for a fairer world order.” …The BRICs have put the US dollar on notice, and are already finding alternatives as a means of clearing accounts. Medvedev called for the IMF to include the Russian ruble and the Chinese yuan in the basket of currencies used to value its financial products. But that is just for starters. Chinese Central Bank governor Zhou Xiaochuan says the goal is now to create a reserve currency “that is disconnected from individual nations.”sourced at  http://dprogram.net/2009/06/24/a-new-world-is-being-born-one-without-the-us-dollar-greasing-the-wheels-of-commerce/

China, known for it’s Human Rights violations says, “It is a common wish of people of all countries to solve the drug problem as soon as possible and to build this planet into a healthy, civilized, happy and beautiful world.” http://www.china-embassy.org/eng/zt/mzpkz/t36387.htm   “Those convicted of drug-related crimes in China face harsh penalties, in some cases capital punishment. Drug abusers and addicts must undergo rehabilitation at police-run facilities or labor camps. Reformers are attempting to introduce community-based treatment approaches to a system dominated by zero tolerance.”http://www.erowid.org/psychoactives/law/countries/law_china.shtml 

Apparently, the perceptions of a dead American dollar and a dead American soldier can be overcome by getting stoned on government subsidized Marijuana and Opium in The Obama Administration. 

Changes I don’t want to believe in….

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money toilet paper

Crude Oil prices are up and the value of the U.S. dollar is down while our duly elected President Barack Hussein Obama is meddling yet again with free markets, furtherer eroding world confidence in the dollar and bringing our entire economic and political system another step toward socialism.  He is putting other nations in the position to ignore the U.S. dollar as the leader in world currency as, ” China and Russia have agreed to use each other’s currencies and eliminate the use of dollars in their trade,” according to  WWW.EVERBANK.COM blog, A Pfenning for Your Thoughts.

President Obama yesterday said…” we will dismantle the Office of Thrift Supervision and close loopholes that have allowed important institutions to cherry-pick among banking rules. We will offer only one federal banking charter, regulated by a strengthened federal supervisor. We’ll raise capital requirements for all depository institutions….” http://scoop.co.nz/stories/HL0906/S00188.htm

Noam Chomsky, http://en.wikipedia.org/wiki/Noam_Chomsky is critical of the American capitalist system and big business, he describes himself as a libertarian socialist who sympathizes with anarcho-syndicalism -a potential force for revolutionary social change.  Like, The Change You Can believe in?

Chomsky said, “I think it only makes sense to seek out and identify structures of authority, hierarchy, and domination in every aspect of life, and to challenge them; unless a justification for them can be given, they are illegitimate, and should be dismantled, to increase the scope of human freedom.” 

The pattern for the Obama manipulation banking game is disheartening to say the least.  The Federal Deposit Insurance Corporation- FDIC, Office of the Comptroller of the Currency- OCC, and OTS are all a part of the supervisory and regulatory framework of the banking industry.  Closing the Office of Thrift Supervision is more than likely going to result in the closing of more Savings and Loan Institutions through default, bankruptcy or government bailout.  There are existing laws an the books that had they been enforced, would not have allowed the “cherry picking” among banking rules and may have reduced this financial fiasco America and the world has gotten itself into. 
 
Offering further proof of another American Fiasco comes from NEW YORK (Dow Jones) via http://online.wsj.com/article/BT-CO-20090616-714654.html–The dollar declined Tuesday as major emerging market nations urged more diversity in the global currency system, another sign that big investors are growing restless with the greenback’s dominance. Brazil, Russia, India and China, collectively known as the BRIC nations, said after a meeting Tuesday that “it is very necessary to have a stable, predictable and more diversified currency system.”

Two years ago Jerome Corsi reported that the director of international economics at the Council on Foreign Relations has launched a scathing attack on sovereignty and national currencies.  Benn Steil, writing in the current (now past)  issue of CFR’s influential Foreign Affairs magazine, says “the world needs to abandon unwanted currencies, replacing them with dollars, euros, and multinational currencies as yet unborn.” http://www.worldnetdaily.com/news/article.asp?ARTICLE_ID=55595  Looks like BRIC agrees.

All conspiracy aside, has the time come when are we saying goodbye to the dollar; hello to the New World Order, a One-World-Government, and loss of American dominance?

photo props to http://payday-z.com/dollar-drop-suits-stocks-well.html

Related posts

https://ahrcanum.wordpress.com/2009/06/17/bond-seizure-the-nwo-illuminati-push-for-new-currency/

https://ahrcanum.wordpress.com/2009/03/27/obamas-illuminati-ponzi-of-the-dollar/https://ahrcanum.wordpress.com/2009/04/04/new-world-order-obamas-tomorrow-land-is-today/

https://ahrcanum.wordpress.com/2009/04/24/g7-meet-to-plan-new-world-order-economics/

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BondsUS

Italy seized $135 BILLION dollars in US Federal Reserve Bonds last week.

Milan (AsiaNews) –  Italy’s financial police (Guardia italiana di Finanza) has seized US bonds worth US 134.5 billion from two Japanese nationals at Chiasso (40 km from Milan) on the border between Italy and Switzerland. They include 249 US Federal Reserve bonds worth US$ 500 million each, plus ten Kennedy bonds and other US government securities worth a billion dollar each. http://www.asianews.it/index.php?l=en&art=15456&size=A

“The bonds were described as being 249 US Federal Reserve bonds each worth $500 million, plus ten Kennedy bonds with face values of $1 billion, in addition to various other types.” http://www.timesonline.co.uk/tol/news/world/europe/article6507161.ece Italian authorities have not yet determined whether they are real or fake. 

If the bonds are not counterfeit, then how does a country misplace billions in bonds?  What country did they originate from?  I get pissed when I misplace a $20 from my wallet.  Hell, I still have my $50 dollar savings bonds from my first communion locked in the safety deposit box at the bank. 

If the bonds are real, is a country trying to unload them for some other currency;  like perhaps the Acmetal, Amero for the World Bank to prop up to replace the US dollar as the world’s leading currency?

The creation of a supranational reserve currency to be issued by international institutions like The World Bank and in part to reform the global financial system was on the agenda at the last G20 summit.  The IMF- The International Monetary Fund is looking into the possible creation of a new reserve currency, widening the list of reserve currencies or using its already existing Special Drawing Rights, or SDRs, as a super reserve currency that would be accepted by the entire world. 

Representing China, “”The crisis called again for creative reform of the existing international monetary system toward an international reserve currency,” Zhou wrote http://moneynews.newsmax.com/streettalk/currency/2009/03/24/195290.html?s=al&promo_code=7CC5-1 .  Russia too has expressed that there should be a new international reserve currency that moves away for relying on the dollar.  The United Nations at one point reiterated moving away from the dollar too, and adopting a shared basket of currencies instead.

The fear of counterfeit bonds and securities has been lurking for years making real U.S. issued securities suspicious.  Oddly enough on March 30…”the US Treasury Department announced that it had about US$ 134.5 billion left in its financial-rescue fund, the Troubled Asset Relief Program (TARP), whose purpose is to purchase assets and equity to buttress companies in trouble. The existence of such means that the Obama administration may not have to go to Congress for additional funds, something which is especially important since many lawmakers have vowed to oppose any requests for more money. reported at http://www.asianews.it/index.php?l=en&art=15505&geo=&theme=&size=A

 Japan’s Kyodo news agency has reported that the resignation of Japan’s Interior Minister Kunio Hatoyama might also be related to the Ponte Chiasso affair.  $135 Billion to Spend, $134 Billion in Bonds found?  What a coincidence!

Asia News also points out,” During the Second World War several countries at war printed and put in circulation perfectly counterfeit enemy money. It is also historically established that some central banks, like the Bank of Italy 65 years ago, issued the same securities twice (identical registered number and code). This way they could print more money with legal tender than they officially declared.”  Makes me wonder if America’s printing presses are guilty of doing the same.   

This U.S. Bond heist just brings more attention to elite economic powers and the control of currency- The Trilateral Commission, Rockefeller’s, Council on Foreign Relations, Skull and Bones, The Bilderberg Club, The Illuminati, Rand Corp., Ford Foundation,The Bank for International Settlements, BIS, etc.  

It might have been  in the name of solving a financial crisis when GWB admitted was a step away from capitalism, but it was a move toward the New World Order and perhaps an end to US sovereignty.             

InfoWars back in 2007 said, “In their important history of the EU, The Great Deception, British authors Christopher Booker and Richard North, concluded that the 27 member nations now entangled in the union have ceded their sovereignty in a carefully planned stealth operation. They grudgingly credit European globalists with accomplishing “a slow-motion coup d’etat: the most spectacular coup d’etat in history.” http://infowars.net/articles/may2007/040507EUUS.htm

“…our federal government and the American people have been sucked into the one-world take over plot of the Illuminati great conspiracy and always bear in mind, that the United Nations was created to become the housing for that one-world, so-called, liberal conspiracy says http://educate-yourself.org/nwo/illuminatiagendabestoverviewyet8jun02.shtml

” Fox News is the only “mainstream” US news outlet to be interested in the story of the $134.5 billion in (probably fake) bonds that were seized in Italy. Host Glenn Beck had us on to talk about the story, and they even got the first quote from the Treasury.”   Video here http://www.businessinsider.com/joe-on-fox-2009-6.

One thing that is apparent, billions of my tax dollars in the form of bonds- found their way to two Japanese guys on a train. 

I smell something funny, and it isn’t the smell of money.

 photo props to The Italian site  http://www.adnkronos.com/IGN/News/Cronaca/?id=3.0.3396869573

related: https://ahrcanum.wordpress.com/2009/03/27/obamas-illuminati-ponzi-of-the-dollar/

https://ahrcanum.wordpress.com/2009/04/04/new-world-order-obamas-tomorrow-land-is-today/

https://ahrcanum.wordpress.com/2009/04/24/g7-meet-to-plan-new-world-order-economics/

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