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The Crusade to Destroy the Dollar Explained

The Crusade to Destroy the Dollar Explained

Abstract: A new and phonier plot to attack and attach our wealth is being hatched and abetted by simple little minds like our tax cheat Little Timmy Geithner and his little liberal chum chuckers. The plan is supported by China, Russia and India and the IMF would probably run this circus. This is the fastest way to destroy our financial society thus it becomes the L'esprit de l'infective bave des Marxistes d'idiot. [1] The world’s biggest losers need our money and here is a dandy plan to give it to them. Dummier ideas are cooking in the infected neuronal sets of the left.

 There are numerous problems that seem to spring forth when humans (in numbers greater than one) interact. It is nearly impossible to get a firm commitment to any agreement without coercion or war. Politics is the process of decision making in groups[2] and even the abbreviated histories of such interactions begin and end with power struggles, war and failure.  The obvious imbalance in geographical assets and the wide ranging effects of cognitive skill levels among m0st societies always leads to a harangue over ‘sharing the wealth’ or other fantasies. Then, there is the joke about ‘land reform.’

The obvious lack of any notion of equality among peoples or clusters of peoples, known as nations who have a few in a ‘leadership’ position, produces the always urgent quest for some body else’s money. For the mentally ill egalitarian types, we always hear about some form of ‘justice’ whereby the wealth should be ‘spread around’ This crusade is driven by leftists who will open their giant maws and glom onto whatever they can get from anybody to ‘redistribute the wealth’ or “spread something around” as Obama preaches like we” spread around” AIDS and infective lunacy in San Francisco and other social trash bins. As Rush notes this is trickle up poverty.[3] It is interesting that many of higher echelon leftist leaders are also tax cheats and make hundreds of millions of dollars off politics like the Clinton Crooks or are unrepentant criminal families such as the Kennedy Klan. [4]

Taxation or Grunt and Grab

Generally, taxation, as opposed to war or revolution, is considered a more suitable mechanism for stealing the wealth of others and, of course, it is difficult for one nation to tax the citizens of another so the solution to that problem must be some form of global tax. The phony Global Warming Follies are one way for crass, lying parasites to grab wealth as this effort of the EcoNazis[5] is based on absolutely no data.  On Global Warming…now climate change… we need to get the US and Europe to put up trillions of our dollars  for carbon taxes while the PRC, India, most of Asia and Russia put up nothing. This is fair. Of course, the fact that al gore’s ‘climate change’ is a sickening tax whoring political stunt propelled by  counterfeit science[6] is not affecting the soggy drool that oozes from the cretin who stooge for the United Nations. The quest for OPM[7] is driven by His Excellency Mr. Ban Ki-moon’s[8]  diminutive mind to the roaring applause of third world.  Could we please hear all about ‘justice’ in North Korea, the USSR, PRC, Africa and Cuba? It is difficult to find somebody who is more ignorant of politics than this guy. The UN is a far leftist parasitic organization that acts like some form of virulent leprosy on the world and is additionally biased by Islamo-Fascism, but they sure like our money.[9]

 

So, the newest carnival trick would be what? Why, a world currency of course! With a world currency, that might be called the Bunko, we could have spending programs created in the UN and ‘voted’ upon by our wonderful third world friends. I just spent 2 weeks in the Caribbean Islands and saw much of their society and government in action. Some places I visited have accomplished nothing since Columbus came along.  These are the kind of peoples who would like to have our money for nothing.

 Some comments by the Brits on this nonsense. Recall that they are not in the Euro currency combine.

 This is how matters quickly escalate in geo-finance. China's suggestion – backed by Russia, Brazil, and India, and clearly aimed at breaking US dollar hegemony – is making its way onto the agenda of the G20 Summit next week. 'Dollar-dämmerung' no longer looks so far-fetched.

 

China's paper, by Governor Zhou Xiaochuan, is couched in understated language – more a 'thought experiment' than a declaration of monetary war. His ideas could be mistaken for the musings of an academic theorist. Nobody should be fooled by decorum.[10]-- A world currency moves nearer after Tim Geithner's slip. By Ambrose Evans-Pritchard
Last Updated:
8:58AM GMT 27 Mar 2009

Here is the best chance for the US to destroy its society and economy at the upcoming G20 conference. What would be a better way to achieve justice? Well, we could surrender to Iran and pay reparations to Islamo-Fascism until we reach the sublime attainment of abject poverty. The left-liberals must be slobbering all over their shirts at the very prospect.

The IMF would be involved in this wreckage and probably in firm  control. The IMF does not have a good record of dealing with third world societies. [11] But zero-growth advocates like Kenneth Rogoff would love to have a try at this. Rogoff is probably more famous for providing the theorectical economic basis for ruining the financial underpinning of certain poor  coutries than solving problmes. He aparently now looks at the US as the next to fall. He is the one who recommends recession  for our problems.[12] He says we cannot grow out of this.[13] Growth, of course, is the enemy of the far left as growth allows entrepeneurs to spring up and create new jobs and gadgets. This process interfers with socialism. He should have remained as a chess wood-pusher [14]as he was more accomplished at this than either thinking or economics. I don’t see a win for him in the economic game as yet.

And the Chinese are all for it. Their problem is that their latent stooges (the ones who cannot seem to make Marxism work any better than the Russians or Cubans) in the US want to play with our money with massive spending and the Chinese have forecasted massive inflation and the high interest rates in the US, which would be necessary to fight this disease. Their holdins of about 1.5 trillion along with Japan would be in jeopardy but they are in a quandary as they have few options. What can they buy except US bonds? Gold? Swiss Francs? Pesos? They are stuck with us for the time being. This shift to a world-based currency would give them protection against loses and infaltion they seem to think. Such a thought from the ignoranti!

Some wise advise and hsitory from Ambrose Evans-Pritchard  from the article cited above:

 It would be an error dismiss this idea as a pipe-dream. Cynics once ridiculed Maastricht plans to launch the euro. John Major famously said chatter about a European currency had "all the quaintness of a rain-dance and about the same potency". Yet once officialdom began assembling the machinery for monetary union, EMU acquired a life of its own[15]-- By Ambrose Evans-Pritchard Last Updated: 8:58AM GMT 27 Mar 2009

 

Frequently, ideas like this are like just a tiny teeny little bit of syphilis. Things tend to progress to the tertiary stage and then it is too late.

 I think we all know how to vote in 2010.

 rycK

 Comments to: ryckki@gmail.com

 



[1] The spirit of the infective drool of the idiot Marxists

[7] Other people’s money.

[10] A world currency moves nearer after Tim Geithner's slip.  US Treasury Secretary Tim Geithner confessed on Wednesday that he had not read the plans by China's central bank governor for a "super-sovereign reserve currency" run by the International Monetary Fund, but nevertheless let slip that Washington was "open" to the idea. Whoops. http://www.telegraph.co.uk/finance/economics/5051075/A-world-currency-moves-nearer-after-Tim-Geithners-slip.html

 

[12] Obama and the Tax and Spend Liberal’s Solution to Oil: Spend and Tax and Defeat Capitalism

http://rycksrationalizations.blogtownhall.com/2008/08/06/obama_and_the_tax_and_spend_liberal’s_solution_to_oil_spend_and_tax_and_defeat_capitalism.thtml

“Rogoff, in a Financial Times comment, contends we need a slowdown for different reasons: he views the efforts at stimulus as a dangerous, misguided way to try to evade the need to restructure the financial system. Even though his forecast of oil falling as low as $75 a barrel may strike some readers as extreme. note that the famous Goldman research that called for a "super spike" of $150 to $200 a barrel this year also called for prices a few years out at $75. He also says, mirable dictu[12], that financial firms need to fail because the industry is unsustainably large.”Kenneth Rogoff: We Need a Recession (Well, at Least a Slowdown) http://www.nakedcapitalism.com/2008/07/kenneth-rogoff-we-need-recession-well.html

Rogoff: The world cannot grow its way out of this slowdown

By Kenneth Rogoff Published: July 29 2008 18:44 | Last updated: July 29 2008 18:44http://www.ft.com/cms/s/0/29a40a90-5d6f-11dd-8129-000077b07658.html?nclick_check=1

 

[13] But, can we spend our way out?

[14] My frequent chess opponent at the New Haven Chess Club from 1972-1975. I never won a game from him-[out of 100 games] even when he was blindfolded.

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