News Snippets From All Beats

At the rate the Federal Reserve is printing money China is concerned that the resulting inflation will significantly erode their wealth.  China happens to be the world’s largest holder of US dollar financial assets, and is looking at a transitional index of all currencies to take place at the International Monetary Fund (IMF).  Once all nations set their reserves to that index system, sovereign reserves would eventually be replaced by the new IMF reserves.

With the whole world eventually relying on this IMF standard a new world currency could be issued to replace all others.  According to an official at the People’s Bank of China, the only thing missing in the scheme is a man of “extraordinary political vision and courage” to bring the process about.¹  According to the Bible, It may not be a long wait before he appears.

This extraordinary man of fantastic political and diplomatic skills was foretold about in the book of Daniel (Dan 7:8).  He will be an economic genius and be adapt at solving the world’s financial crisis. He is referred to as the Beast in the book of Revelation, and will receive his power from Satan, the dragon, who will require all the world to worship him in order to use his new currency (Rev 13:4).

It will not be printed, but imprinted in the right hand or forehead.  All who refuse this mark will be unable to buy or sell, and will be hunted for extermination.  All who do trade in this coming new currency, or take the mark, will suffer eternal damnation and torment with fire and brimstone forever (Rev 14:10-11).

^1. Jamil Anderlini, “China calls for new reserve currency,” Financial Times, FT.com, March 23, 2009. http://www.ft.com/cms/s/0/7851925a-17a2-11de-8c9d-0000779fd2ac.html

 

So far, Obamanomics has cornered the world’s supply of red ink in throwing away taxpayer trillions in calculated bailouts.  What’s gone unsuspected by many pundits thus far, however, is what Obama and crew were actually calculating.  Here’s the twenty-twenty hindsight to check figures and make projections.  First,  AIG was set-up by giving it Billions with no accountability attached and allowed to let human nature take its course.  It did, and that produced the predictable furor over bonuses so that the government could feign being pushed to step in and regulate private salaries under just cause; the cause it conveniently provided (AIG is already 80% owned by the government for bailouts totaling $150 billion thus far). Next, using a similar modus operandi, the same incursions into the free market were justified for taking control of all American financial institutions in like manner.

With other large industries, such as the auto industry, now virtually in the government portfolio, everyone is being lined up for Communist wage-setting as determined by the state.  What follows is career-setting where the state chooses which job a person must take according to the needs of the state.

The big goal to shore all this up is the collapse of the dollar, and Obama has been so wildly successful towards that end that he is beside himself with glee.  China, who can recognize a fellow Marxists, is responding to this never before seen opportunity to conquer the US for Communism by joining with Russia in calling for a one world currency.  That would be the death knell to American sovereignty and the end of civil rights and the Constitution.  So joyous is Obama at our demise that when being interviewed on “60 Minutes” about the dollar problems Obama experienced almost uncontrollable laughter.  It went like this with interviewer Steve Kroft:

“You’re sitting here. And you’re- you are laughing. You are laughing about some of these problems. Are people going to look at this and say, ‘I mean, he’s sitting there just making jokes about money-’ How do you deal with- I mean: explain. . .” Kroft asked at one point.

“Are you punch-drunk?” Kroft said.¹

It is that glaringly obvious that Obama is drunk with his success thus far at annihilating America.  His answer to Kroft’s question is very revealing.  Obama continued laughing when he said: “No, no. There’s gotta be a little gallows humor to get you through the day.”²  That was Obama’s plan all along, to give everyone enough rope to hang themselves.  But even when there’s not enough people left who are resistant to this change to matter anymore, tyrants still don’t like being grilled on it.  Look out media, here comes the rope.

The latest in bailout-turned-government-takeover in Obamanomics is looking like it’s going to be the newspapers.  It will be the first time Obama gets his budget into some black ink. The print media has been folding as the market continues to select online sources for news.  Many newspapers have already established an online presence in response, but some just aren’t going to make it.  While there is a danger in having all news electronically controlled (it could be changed or jammed, or deleted after the fact), that is nothing compared to what is about to  happen.  U.S. Senator Benjamin Cardin (D-Md.) has introduced the Newspaper Revitalization Act proposing tax breaks for struggling newspapers, and even non-profit (government controlled) status.³  Obama and crew are using the same AIG strategy to take over newsprint, and television and online news will follow.  Without a government license, even blogs will be prohibited from running commentary; they will be illegal.

Notes:

^{1 - 2.} Aig Gordon and Jonathan Martin, “Kroft to Obama: Are you punch-drunk?” Politico, March 22, 2009.

http://www.politico.com/news/stories/0309/20339.html

^3. Thomas Ferraro, “U.S. bill seeks to rescue faltering newspapers,” Reuters, March 24, 2009.

http://www.reuters.com/article/politicsNews/idUSTRE52N67F20090324

With the President handing out billions unabated by a Congress that’s gone swimming in the pork barrel, and the Federal Reserve making secret trillion dollar loans to people they refuse to identify, for terms they refuse disclose, the printing presses can’t keep up.  The tailor made solution for these irresponsible socialists  is the fairy tale of global warming.  This is where the citizens are blamed for climate change and then bled to death with taxes so that the spending and the fascist takeover can continue.  Put another way: a one hundred percent profit for selling something that doesn’t exist, and passing laws which force everyone to buy it.   Here comes Energy and Climate Czar Carol Browner (always loved those Russian titles on American bureaucrats) to collect 2 Trillion for the environment.¹

The Green Evangelists and the Green Reich can be counted on to sing their hymns to Obama over the cry from the bloodletting, but this pretense that these are only taxes won’t last very long.

With the world economy crashing, even Russia is ready to throw in the ruble and is pushing for a world currency now.  Why? Lets look at it from the dollar’s perspective.  The American dollar is only backed by a promise to pay, and supported by the faith of its holders.  With equity and pension and retirement funds having vaporized in the last few months, that faith is vanishing too.  A one world currency would put all politicians and tyrants in a unique position as it would be backed by fear.  There would be no escaping, and no looking back to bring those in government responsible for this melt down to justice, and, more importantly, no corrections to ensure that freedom continues.

It would be illegal in a one world currency to barter or trade in anything other than the official currency, and penalties would include confiscation of wealth and property.  A one world currency would also be a great equalizer, or an irresistible opportunity to for the reigning socialists to redistribute wealth.  The assets conversions codes would be written in such a way as to transfer most private wealth and property to the hands of government, and leave everyone equally poor, and starving, and communists.  At last.  Now here’s change we can heave in.

^1. Tom LoBianco, “Obama Climate Plan Could Cost $2 Trillion,” Wahsington Times, March 18, 2009.

http://www.washingtontimes.com/news/2009/mar/18/obama-climate-plan-could-cost-2-trillion/

A one world currency proposal by Kazakh President Nursultan Nazarbayev is being backed by Professor Robert Mundell who was instrumental in developing the Euro.  Narzarbayev wants the UN to administer the currency’s introduction. There is a one world currency coming to town soon, but it will not be printed on paper or metal.   It will be imprinted:

And he causeth all, both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads: And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name. (Rev 13:16-17)

Annihilation America - The Wall Street Journal reports that Russian professor Igor Panarin cites “mass immigration, economic decline, and moral degradation” as the weight under which the United States will collapse in 2010.  Panarin also observes that while optimism remains high that President-elect Barack Obama “can work miracles,” it will become clear by spring that he is unable to do so.  States will begin fending for themselves as the Federal government implodes, dragging anyone who doesn’t cut ties with it down also, and seceding territories will become targets of other nations for takeover.

¹

^1. Divided States Map, The Wall Street Journal, December 29, 2008. http://online.wsj.com/article/SB123051100709638419.html,

Economy - “Under ordinary economic circumstances, I would say this is the price that failed companies must pay,” said President Bush after approving a 17.5 billion loan from taxpayers.  Clearly, these are not “ordinary circumstances” at all.  With the nationalization of GM and Chrysler, the public will be treated to environmental restrictions on automobiles that will hearken back to the days of Henry Ford and his first modern auto assembly line production.   Then, Ford was the only game in town, and could say with a certainty that you could have any color of car that you wanted, so long as that color was black (the only color Ford painted).  When Obama unwraps his presents after inaugural day, he, along with his new Green Czars, will be able to say that you can have any car that you like so long as it is green.  That will mean a state manufactured vehicle that is inefficient, over priced, untrustworthy, and hard to get. In a play on historical irony, Ford declined the taxpayer funds and the strings attached–thus far.

Global Wariming - Despite “A winter storm packing snow, freezing rain and biting wind” shoppers are being encouraged by New York City Mayor Michael Bloomberg to brave the elements and go shopping because “the stores need the business.”   This is exactly the same impetus behind state and local governments jumping to enact green measures to combat this global warming.  They need the revenues generated by green fees and taxes to ward off bankruptcy.

 

 

 

 

 

 

 

 

 

 

¹

^1. Weather Underground, Regional Map, Jet Stream, http://www.wunderground.com/US/Region/US/JetStream.html

Economy - “The Federal Reserve refused a request by Bloomberg News to disclose the recipients of more than $2 trillion of emergency loans from U.S. taxpayers and the assets the central bank is accepting as collateral.”  These loans from the central bank do not have the same oversight stipulations as the 700 billion stimulus package approved by Congress, and they are refusing to make public the recipients for fear of fear; that is, they are concerned that panic would ensure if the public knew which banks were in so much trouble.