>>China Bails on the American Dollar.
Posted March 8, 2010on:
China has been warning our government to get it’s act together or they would drop the American dollar. In other words, China will no longer base the value of the yen on the dollar and they are in fact now ready to announce a new currency as the standard.
What does this do to the dollar? Makes it official that it isn’t worth the paper it is printed on. It means people/countries will demand much higher interest rates in order to buy our Treasury Notes and keep footing out of control government spending. This then will require many more dollars to repay our debt. We the People have already seen our government take us to a place where our debt is such that our grandchildren will be paying the price for today’s spending, or given just one more little shove and our government will topple. This is of course the aim of Obama and the Progressives; they want the United States to cease to exist as a nation so that we can more easily be sucked into that glorious World Government. A world government that considers human beings as expendable and fit only for slavery to the powers.
This is not a conspiracy, it is fact. Listen to the words of those in power in our government and those of the Europeans countries, especially that body called the European Union that is elected by no one but has control over all the member governments. WATCH WHAT IS HAPPENING TO EUROPE RIGHT NOW! This is coming to a town near you.
There are however signs that the people are waking up and fighting back, but it may be too little too late. The national governments have allowed the government employee unions to take over the economy and make demands until the country is bankrupt. Examples: Greece right now to be followed by Portugal, Spain and Italy.
The other Leftist national governments are using the Muslims to defeat the people by giving into Muslim demands which of course actually leads to more demands. The Dutch government has been heavily infiltrated with Muslims, but this week the voters went to the polls and began fighting back by giving Geert Wilder’s (far Right politician) anti-Islamic Freedom Party significant victories. Wilder has spoken out for years against the invasion of Islam. Geert Wilders‘ anti-Islam party makes major gains | Radio …
The tactic the Progressives are using to bring our government down is spending and debt with the Big Labor unions in the background being prepared to do the dirty deed if debt doesn’t work fast enough. China seems to have cooked our goose with this move. We will just have to wait and see how many other countries follow China’s lead. BB