Skip to comments.Obama advancing '1-world currency'
Posted on 10/20/2009 5:45:36 PM PDT by RobinMasters
The administration of President Barack Obama, without congressional authorization, is advancing a plan that would create a "one-world currency" by setting up International Monetary Fund Special Drawing Rights to compete with the dollar in international trade.
The move comes as the dollar heads toward a 14-month low of $1.50/euro and as some top fund managers, including some of President Obama's top financial supporters, worry the decline will continue as long as Obama depends on China to fund trillion dollar budget deficits.
It is Obama's promise to participate in a G20 nations agreement by giving $250 billion to the IMF to set up the one-world currency that now has been documented in the final communiqué of the London meeting, according to the G20 website.
At G20.org, a report under "The London Summit 2009" reveals the LondonSummit.gov.uk/en/ site where "Point 5" of the final communiqué says the G20 agreed to allocate that amount to Special Drawing Rights in a move calculated to provide the liquidity needed to position SDRs as a dollar alternative in international trade.
(Excerpt) Read more at wnd.com ...
As I’ve been saying for quite some time now.
This is all intentional.
Destroy the US dollar.
Absorb the value of all privately held assets and savings.
Default on our loans from foreign nations by trying to pay them back in worthless dollars.
All this to force the American people to demand dumping the US dollar (AND OUR ECONOMIC SOVEREIGNTY, WHICH MEANS OUR NATIONAL SOVEREIGNTY, WHICH MEANS OUR LIBERTY) and signing on to a global currency controlled by a global, central bank.
I am 100% POSITIVE THE SWHTF
I am 100% POSITIVE THE SWHTF
I hear Drums and Fifes,
I smell tar,
I see feathers ...
Funny that Corsi chimes-in while everyone else in the world is trying to support the dollar (for their own ends).
Well, I guess that would be one way of curbing Obama’s profligate spending habits. I can’t imagine the IMF tolerating his spendthrift ways for more than two seconds. They might have a few unkind words to say about his next stimulus bailout scheme.
GO OBAMA! GO ONE-WORLD CURRENCY!
As long as it has his picture on it no doubt. ;-)
The administration of President Barack Obama, without congressional authorization.......
Will the Congress impeach???? They should. After what he has done to our financial system.
END TIMES DREAMS VISIONS PROPHECY PING LIST PING.
History will not be kind to Obama.
We’re going down!!! when exactly have we had enough to take action??
This whole thing is so depressing. And its so sad that so many are duped by this thug.
I’m glad I’m broke.
They can’t get me!
You don't want to know how they are gonna disarm us!
The old door to door stormtrooper routine wont work with our 2nd amendment. They will have to play it dirty/mass murder/NBC.
Will they deprive us the thrill of being forced into abject poverty/depression first?
Doubtful. Dead people are far easier to steal from.
Come soon, Lord Jesus.
What kind of action?
I have been watching people talk on forums and comment areas of articles.
Everyone wants to do “something”, but nobody knows exactly what that something should be.
We’ve known this for nearly a year now.
I’m not surprised by this.
What kind of action? Any ideas?
It is very frustrating watching this out of control government destroy our beloved country. Any lone action will not change it’s course. Tea parties raise consciousness but they ignore us .These thugs are dead set on bringing America down, , subjugating the population, stealing everything we have earned, they send our finest Sons and Daughters to die in a war they don’t intend on winning, destroying the economy, selling our America to her enemies. It’s the saddest thing I have ever seen and I am angry, when does it stop !? what will it take! Massive civil disobedience? A major tax revolt? or worse? don’t know! Im just waiting for the whole thing to pop.
You sound like me.
I have never been so frustrated in my life. How can all of this be happening? And nobody can stop this?
I was never afraid to live in this country, but I am now. But, even if we all wanted to run..there is noplace to run to.
Somebody definitely needs to do something. I just thought maybe you had some idea. They are doing things right under our noses..and we are powerless.
Looks like the plan is to destroy any ability the USA might have to be the/a leading World Power. By the time Obozo's term expires, the USA will have been 'reduced to the ranks' in such a way that it can never climb back up again. I am sure that the Chinese will be grateful for the opening! "Thank You Obama."
Thanks for the ping!
As their quotes from 1900 on ref’d in my tagline demonstrate, they’ve been working on it a very long time.
You are 100% on the money!
The American economy, federal side, is more than 50 trillion in debt. That could be why the politicians are playing economic games because they know the debt load is unsustainable and some system of wiping it all clean must be instituted else the politicians of the federal oligarchy will not be able to incur more debt for we the peple. Monetizing the debt worked int he past, but the SS and medicare and current deficit spending has made monetizing the debt away impossible. The entire system is being ‘Cloward-Pivenized’ ... the only thing yet to be decided is will the crash be a whump or a creaping collapse?
NO .. WE are NOT powerless!
There is ..for now, a silent army building within this country.
Former Army, Navy, Air Force and Marine.
ALL of us have fought overseas, defending the rights of those who live outside of America .. We are now, bringing that fight Home!
We are Not Willing to allow a Usurper, Chicago Thug, the luxury of convenience and ease .. to Kill our Great Nation!
Don’t You Worry .. WE WILL NOT go down without a fight!
101st airborne (THE: “SCREAMING EAGLES”)
I dont know who you are, but I sure as hell hope you are right!!
I, and thousands of people like me have fought for others (Nam 69-71).
Do you or anyone else expect LESS when it comes to fighting for Our Country?
I may be old (57) but I am not dead!
LOL I dont know what I expect. I only see people talking on forums. I guess I am doing that, too.
For the past few months, letters and phonecalls dont seem to work. Tea parties, town halls and marches, fell on deaf ears.
I am glad you are willing to fight for the american people. I just dont want to see the best of the best, get tossed in jail.
And, ya arent that old. I have you by about 6 years. 60 is the new 40. Havent you heard?
SEMPER FI To You Too My Friend
Because for one thing, I'm going to start throwing it, and I have very good aim.
Some of us know exactly what we're going to do, and to whom.
Look at history for similar situations. Vichy France. Post-collapse 2001 Argentina. Vietnam. Iraq.
We are the insurgency.
And we don't count on elections to change things.
The world is accelerating toward one world government, one world economy, one world religion faster and faster...
UN wants new global currency to replace dollar.
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.
from the article:
British Prime Minister Margaret Thatcher says the real purpose of the United Nations Climate Change Conference in Copenhagen on Dec. 7-18 is to use global warming hype as a pretext to lay the foundation for a one-world government.
Exactly. Global warming hype has nothing to do with science, it is a vehicle for government control on a global scale. This will be easy for them as nearly every 2nd graders brain is pumped full of ‘love the earth’ lies. [Rom 1 love the creation, not the creator]
from the article:
“Your president will sign it. Most of the Third World countries will sign it, because they think they're going to get money out of it. Most of the left-wing regimes from the European Union will rubber stamp it. Virtually nobody won't sign it,” he said.
Obama has an incestuous relationship with the secular humanist globalist, one world government, communist, land of Gog and Magog crowd.
Medvedev sees single currency dream in G8 coin gift
Russia, China to push global currency at G8 summit
There is an answer. God is bigger than all of this. In fact he is in control.
You just keep prayin’ ... we need that, too.
Because for one thing, I’m going to start throwing it, and I have very good aim.
HA!!! Good one!
Thanks for the ping. Thanks to the posters on this thread.
The Bible tells us we are headed for the New World Order. Get ready here is comes.