The Church of Kharma Futures

The Rev's views on politics, events,faith, and the world. All content copyright Church of Kharma Future 2007-2015 All rights Reserved

Are They That Stupid? Or Is This The Real Agenda?

Posted by revkharma on March 25, 2009

U.S.  Treasury Secretary, and admitted tax cheat Timothy Geithner said in an interview that he is not opposed, in principle to the Chinese proposal to create a new international currency to replace the US Dollar in all international trade.

“We’re actually quite open to that suggestion – you should see it as rather evolutionary rather building on the current architecture rather than moving us to global monetary union,” he said.

Now we need to be clear here, that what the Chinese are talking about ( and recently the Russians also proposed) is a “Reserve Currency” and not a global dollar of sorts. However, by directly stating that they wish to replace the current standard, the US Dollar, the world economic leaders are tacitly acknowledging the frail state of the US economy, and the continued decline of the power of the US Treasury to lead in economic affairs. Our currency has become so overinflated that is now teetering on the edge of worthlessness.

While The Great and Powerful Obama has insisted that he inherited a huge deficit, he in fact has done more by himself than any other president to damage our economic future. According to US Rep Michelle Bachman (R-MN) the debt to be created in the first two months of the Obama administration is greater than that of all other U.S. Presidents before him combined.  Pause a moment here.   Let that sink in. Add up the debt burden from George Washington through George W. Bush, and the total is still less than that incurred by our current administration. 

Next add in the dire predictions he made of economic collapse. Then the new stakes of his planned takeover of the us private sector.  This begins to look less and less like a stumbling reeling neophyte and more and more like some sort of Manchurian Candidate. 

Keep the Faith!

The Rev

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