Thursday, March 26, 2009

 

Remember This Name

Tim Geithner, moron.
In a blink of an eye, the U.S. dollar has collapsed against the Euro, Japanese Yen and other major currencies. The trigger was comments from Tim Geithner who said that the U.S. is “quite open” to China’s suggestion of moving towards a Special Drawing Right (SDR) linked currency system. If the world adopts the SDR, which was created by the IMF as an international reserve asset, it would mean that countries around the world would need to hold less U.S. dollars. The U.S. is probably open to this suggestion because a weaker dollar is stimulative for the U.S. economy and would relieve the U.S. from having to implement effective monetary policy while balancing the international demand for a reserve currency.

Geithner’s comments indicate that the U.S. is not taking China’s suggestion with a grain of salt and instead is giving it legitimacy. This is extremely important ahead of the G20 meeting. The only question is whether this is another amateur mistake by the new U.S. Treasury Secretary.
This is "Literally The Only Man Who Can Do The Job" the Office of the President-Trainee has in charge of Treasury. That's "your money" for you idiots who voted for the Office of the President-Trainee.

By keeping Geithner as Treasurer despite his unprecedented internationally disastrous incompetence, the Messiah is signalling that his willful destruction of the U.S. economy will continue apace.

The only other possible explanation is that the Messiah Himself is winging it like you and I just wouldn't believe, because he hasn't got a fucking clue.

Either way...

Comments:
America will need a new currency before Geithner and the politicians are finished expanding the debt and destroying the dollar but the solution is a gold backed currency free of government manipulation. The Campaign to Cancel the Washington National Debt by 12/21/2012 through constitutional amendment begins. See our facebook page at http://www.facebook.com/group.php?gid=67594690498&ref=ts

We are also planning to have a booth at FreedomFest 2009, the world's largest gathering of free minds! July 9–11 www.freedomfest.com in Las Vegas. Ron
 
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