“But this year, there was a surprising potential foe: the falling dollar. In his report to Congress last week, Director of National Intelligence Michael McConnell went beyond the conventional world of spycraft. Mr. McConnell specifically acknowledged “concerns about the financial capabilities of Russia, China, and OPEC countries and the potential use of their market access to exert financial leverage to achieve political ends.”
This has, of course, been written about all over the place, here and elsewhere. Ron Paul has written about it. Ron Paul has taken this issue, OVER AND OVER AGAIN, to Congress, to the Federal Reserve, and ANYWHERE that somebody might listen.
This ANY-MINUTE-NOW catastrophe wasn’t even NECESSARY! All we needed to do, all our ‘representatives’ needed to do was FOLLOW THE CONSTITUTION and listen to the founders, but, well, all that is lunatic fringe talk, isn’t it?
This isn’t all. Not by a long shot.
The War Drums keep beating over Iran, one of those OPEC countries who has allied itself with China and Russia AND Venezuela in this plan to collapse the dollar at the moment BEST for their own plans. War with Iran IS war with China, IS war with Russia. That’s the nature and purpose of ‘entangling foreign alliances.’
” Russia makes no secret of its ambitions to elevate the ruble to world reserve currency status.”
And more: “A perfect storm for dollar desertion may already be brewing. In the months ahead, China is expected to export fewer consumer goods to the U.S. with a forcibly-appreciated yuan. Meanwhile, Chinese spending for Russian oil and gas will likely start to ramp up. Mr. Medvedev, whose duties include serving as chairman of Gazprom, observed this past summer that the U.S. dollar was not immune to crisis of a “comprehensive, global character.” He was thinking ahead about potential opportunities. “A situation may arise where we, China, and some other Asian countries will speak of the emergence of a regional reserve currency.” The yuan was a possibility, Mr. Medvedev conceded. “But it is in our interest that it be the ruble.”
With China on our very doorstep in Panama and ports around the southern perimeter of America, and Russia even demanding that our long time ally, Japan, meet with them regarding investments and territorial matters; our crashing dollar puts us not only in serious economic jeopardy, but opens us up for military invasions on our own soil!
“The dollar won’t be strengthened by further interest-rate cuts or more fiscal stimulation leading to inflationary consumer spending. If the U.S. is to reclaim its position as provider of the world’s most trusted currency, we must think more boldly.It’s time to confront currency disorder. “
But, and BEWARE- notice what ELSE they say: “A global system based on a universally-accepted monetary asset — the U.S. has the world’s highest level of official gold reserves, followed by Germany and France — would not only counter Russia’s offensive. It would convert a national security threat into a golden opportunity. “
Now, if THAT doesn’t qualify for the success of GHWB’s New World Order, what does?
Economic collapse = goodbye American Sovereignty. No Constitution, no Bill of Rights, no Social Security… no nothing.
But, we Ron Paul-ites are the ones that are nuts and lunatics. At least, that’s what the boob tube tells you.
Well, see what the boob tube told you so long ago…