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U.N. panel wants new global reserve system [the Fed goes worldwide?] [global gov't]
UPI ^ | 2009-09-12

Posted on 09/13/2009 11:18:00 PM PDT by rabscuttle385

NEW YORK, Sept. 12 (UPI) -- A United Nations panel says the global economic crisis shows the need for new institutions and replacement of the dollar as reserve currency.

The commission, headed by Nobel Prize-winning economist Joseph Stiglitz, said a global reserve system should not depend on a single currency.

At a news conference Thursday, Stiglitz called for a new global lender to complement the International Monetary Fund and a coordination council broader than the Group of 20, comprising countries with the 20 largest economies.

(Excerpt) Read more at upi.com ...


TOPICS: Business/Economy; Foreign Affairs; Government; News/Current Events
KEYWORDS: banking; biggovernment; federalreserve; globalgovernment; nwo; oneworldgovernment; powergrab; stiglitz; un; unitednations

1 posted on 09/13/2009 11:18:01 PM PDT by rabscuttle385
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To: wafflehouse; Leisler; PAR35; TigerLikesRooster; AndyJackson; Thane_Banquo; nicksaunt; ...
*Ping!*
2 posted on 09/13/2009 11:18:31 PM PDT by rabscuttle385 (So many Communists, so little time.)
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To: rabscuttle385

This is evil.


3 posted on 09/13/2009 11:20:39 PM PDT by Nathan Zachary
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To: rabscuttle385

Works right in with Zero’s plan to destroy the U.S..


4 posted on 09/13/2009 11:26:09 PM PDT by Mogollon (Resistance to tyrants is obedience to God. -- Thomas Jefferson)
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To: rabscuttle385

I always figured the Fed would eventually be the fall guy to make way for a Continental Central Bank. The banksters have owned this country for almost a century, they’re just consolidating.


5 posted on 09/13/2009 11:32:22 PM PDT by RAO1125 (Neoconservatism:Failed. Socialism:Failing (again). Next up: Libertarianism)
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To: rabscuttle385

A corrupt UN, new monetary institutions, new currencies - what could possibly go wrong?


6 posted on 09/13/2009 11:33:35 PM PDT by the anti-liberal
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To: RAO1125

I’m sure there’ll be a nice new IRS like agency - International Revenue Service, at your service.


7 posted on 09/13/2009 11:35:32 PM PDT by the anti-liberal
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To: rabscuttle385

But, But, But

There is no such thing as the NWO

It’s all wacko conspiracy and tin foil

Right?


8 posted on 09/13/2009 11:37:50 PM PDT by Halgr (Once a Marine, always a Marine - Semper Fi)
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To: rabscuttle385

Will be as successful as a UN peace keeping mission.


9 posted on 09/14/2009 12:12:11 AM PDT by Proud_USA_Republican ("The problem with socialism is that you eventually run out of other people's money.")
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To: rabscuttle385

A world currency means a world government. Utopia(ecchh) is coming!


10 posted on 09/14/2009 12:24:20 AM PDT by liberalism is suicide (Communism,fascism-no matter how you slice socialism, its still baloney)
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To: rabscuttle385

The fix is in! If I have said it once I’ll say it again - The plan is to drag America into the Socialist world system whether we like it or not and by force if neccessary! Look for international crisis to spark Martial law! Be prepared!


11 posted on 09/14/2009 1:38:12 AM PDT by timetostand
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