I was watching, Lou Dobbs, on CNN last night and watched something very interesting and yet frightening at the same time. He was discussing the push from China and Russia to go to a one world currency.
Yes that is right! Get rid of all the currency's around the world and have one "super" currency. Congresswoman Michele Bachman asked Timothy Geithner (Treasury Secretary) if he would support such a move he categorically denied that he would support that. Bachman also asked Fed Chairman Ben Bernanke the same questioned and he also said that he would not support a world currency. (Watch for the question from Bachmann around 1:30 of the video)
Now let me take you to a meeting that Timothy Geithner had at the Council on Foreign Relations (CFR). He states that he would be for a world currency and so would Washington. I wish I could find the video that shows him contradicting what he testified to Congress, but it mysteriously dissappeared from the CNN website. I have looked at the CFR website and of course they spin the story the way they want you to see it. If you do not know who the CFR here are a few links to get you going:
Greater Things
(More of a Conspiracy Theorist type website, but very good information)
(This is a very good place to start as it breaks down the notable members as well as corporations that are members of the CFR)
Sorry for that little tangent on the CFR, but in the end it is important to let all of you know about this exclusive membership club. My point in writing this is that we should not even be considering going to a world currency. Granted the dollar has taken a beating over the last year, but it still is "the almighty dollar". Maybe not as almighty as it once was and certainly could be worth far less by the end of the year if we keep on printing money at the rate we are. (Can you say hyperinflation???) Timothy Geithner is seeking more powers to "regulate" the financial industry. Geithner and Bernanke have "called for the formation of a new governmental body to monitor financial institutions and systemic risk." (CFR News Briefing)
Oh sure just what we need a new governmental body to monitor financial institutions. Last time I check the current governmental body could not get the job done, so what makes me think that a new one will actually work. This administration is like a blow fish. They keep on blowing up the government making it bigger and bigger thinking that will solve the problem. Well eventually it is going to blow. I just hope I am not around for it.
What ever happened to the sovereignty of the United States of America? First you take away the dollar and give us a world currency. What will they take away next? Perhaps they take away the Constitution. So long Bill of Rights! This part does get into a little bit of the conspiracy aspect, but it is more real than you really want to believe.
Do a search on the North American Union and see what you come up with. It is all very real people. The fact that they are even talking about a world currency in the open public is scary. In my opinion this just means they are trying to desensitize us to this kind of change so that when it happens we will "welcome" it with open arms.
These are scary times that we are living in. The sad part about all of this is that the current administration is writing checks that we will not be able to cash. I feel for all of my friends that have children because they are the ones that will suffer from all of this bailout..oh wait I mean recovery...oh no I mean stimulus crap that is going on right now. I will leave you with a quote from one of my favorite Presidents. A man that was well beyond his time, Thomas Jefferson:
"It is incumbent on every generation to pay its own debts as it goes. A principle which if acted on would save one-half the wars of the world." --Thomas Jefferson to A. L. C. Destutt de Tracy, 1820. FE 10:175
(Pay close attention to the first part of the quote in bold.)
Quick Update as the financial crisis unfolds.... Timothy Geithner has asked the House Financial Services Committee that the US needs a "SINGLE regulator to oversee the biggest financial firms." (CNN.COM) This is scary on many fronts, but the biggest reason being do we really want or need ONE person overseeing the biggest financial firms? One person with all of that power? I do not think so. Hell the head of the Securities Exchange Commission (SEC) knew about the Bernie Madoff scam over 10 years ago, but failed to act upon it. Do you really think that a "single regulator" would be honest and trustworthy enough to blow the whistle if a financial firm was participating in "shady practices"? Especially if that financial firm was to give a little kickback to the single regulator. What has happened to the REPUBLIC of the United States of America? Did someone clone Karl Marx and not tell us?
Until Next Time,
Spiral Out
