Are U.S. dollar crash and changeover to IMF currency imminent?

August 22, 2009 - The Bilderberg Group’s plans and time line for the Dollar crash and changeover to IMF World currency to take place either August or September. According to unnamed sources with the FBI and CIA, STARTING BETWEEN THIS MONDAY 8/24 AND NO LATER THAN LABOR DAY, we will be having rolling banking holidays in different regions of the country. All banks in a particular region will be shut down for at least one week starting in Kalifornia and possibly a few other states in the region. All retirement accounts and savings accounts will be wiped out. All debts including mortgages will be wiped out as if the entire country just declared bankruptcy. When banks reopen in each region with the new world IMF currency, it will be at an exchange rate of either 6 to 1 or 12 to 1. Meaning either $6 or $12 for every 1 IMF.

Martial Law will then be declared because of the rioting and deliberate desired control over our people. Restricted travel and checkpoints on all major interstates as regions are affected. Massive gun confiscation (supposedly for our safety, of course). If you don’t think they are coming to your door to try to take them, think again!!! Ask the people all over New Orleans who were not even affected by the floods how they were handcuffed and taken out of their homes so all weapons in homes could be seized. That was the real life dress rehearsal for this coming major event. Most Amerikans did virtually nothing to uphold the rights of citizens in New Orleans. Where was the outrage??? They never got their guns returned and now it is everyone’s turn.

I would advise immediately taking all funds out of the bank and quickly purchasing silver, gold and non-perishable food items. If you don’t do that, at least cash will be in your hand instead of locked up in your bank so that it can be exchanged when banks reopen. All savings and retirement accounts will be wiped out so pulling the cash out now would make the most sense. Take swift preventive action or suffer the consequences. If you have somewhere to go away from the major cities, I would suggest bugging out in the next couple of days.

Contributor's Note: This is an unsubstantiated report. However, I thought it sufficiently important to report on it, even though we do not know for fact that it will come to pass. Disregard this notice at your own risk.

[Ed Note: I'm always interested in how much power is attributed to the Bilderberg Group. Perhaps it's because they're a somewhat secretive society of notable folks. However, to believe these guys can actually toss out currencies and affect the masses by circumventing Congress or spawning radical martial law is nonsense. Again, I love a good conspiracy theory, but that's all this kind of stuff is.]

Does the U.S. dollar automatically crash?

China’s central bank on Monday proposed replacing the US dollar as the international reserve currency with a new global system controlled by the International Monetary Fund.

In an essay posted on the People’s Bank of China’s website, Zhou Xiaochuan, the central bank’s governor, said the goal would be to create a reserve currency “that is disconnected from individual nations and is able to remain stable in the long run, thus removing the inherent deficiencies caused by using credit-based national currencies”.

Of course Big Government is a Jacksonian thing.

From what I hear, Jeffersonian democracy isn't in the DISD curriculum.

...so named after Thomas Jefferson, is a political philosophy supporting a federal government with greatly constrained powers and advocating a strict interpretation of the U.S. Constitution. Jeffersonian philosophy also called for state and local governments to safeguard the rights and property of citizens. Jeffersonians recognized both private and common property. This philosophy dominated American politics in the years 1800-1820s. It is contrasted with Jacksonian democracy, which dominated the next political era, and Federalism, a contemporary political theory advocating a strong federal government.

Big Government = Jacksonian
safeguard the rights and property of citizens = Jeffersonian

The protection and expansion of human liberty was one of the chief goals of the Jeffersonians. They also reformed their respective state systems of education. They believed that their citizens had the right and should be educated no matter their circumstance or status in life.

Jefferson also opposed having a central bank.

Lessons for America from Germany’s Hyperinflation

Many Americans may be inclined to assume that Germans were barbaric because they supported Hitler, and whatever happened there couldn’t possibly apply to the United States. But the Germans have had much more in common with Americans than we might realize.

Germans were educated and industrious. Germany had world-class universities. Germans long led the world in scientific achievement. Many German companies were highly efficient producers. German immigrants contributed a great deal to American cultural life, including kindergartens, gymnasiums, picnics, hamburgers, hot dogs, and Christmas trees. The long list of notable Germans or persons of German descent in America includes historian Hannah Arendt, astronaut Neil Armstrong, dancer Fred Astaire...

...The government owned many businesses, including those producing margarine and sausages, and they lost money. Government-owned railroads were bankrupt because, among other things, freight rates weren't increased fast enough to cover soaring costs. All those programs were aggressively defended by interest groups who benefited from them.

So the German government was financially stressed out when it was hit with external shocks. German political leaders had expected to win World War I, but they turned out to be wrong about that. Then they expected a postwar settlement according to the lofty principles expressed by Woodrow Wilson, but they were wrong about that, too. The Allies, particularly Britain and France, demanded substantial reparations. Reparations by themselves weren't so bad -- at their peak in 1921, they amounted to 1.2 billion German marks, or about 11.8 percent of the German government's budget. But since the government was already stressed out, the reparations triggered an epic money-printing binge...

...Prices of everything soared, and the inflation proved to be more socially destructive than World War I. It devastated libraries and museums. They couldn't afford to maintain what they had, never mind acquiring new books or works of art. Scientists couldn't afford to do their work, and scholars couldn't do theirs....

...Rather than deal with the interest groups defending price controls, German cities borrowed money -- repayable in foreign currencies such as Swiss francs and Dutch gulden -- to go into the housing business. As German marks depreciated, cities had a harder and harder time paying the interest, and they begged the national government to help. Government-run enterprises, too, had taken loans repayable in foreign currency, to import milk and cattle, and they were desperate. ...

Farmers tried to keep the food they produced, rather than give it up for worthless paper money. That led hungry city people and gangs of unemployed coal miners to plunder farms.

...By that time, of course, not many foreigners were willing to accept marks, either. The government pressured big businesses to lend gold marks. Incredibly, the government -- which caused the inflation -- tried to put taxes on a gold basis, meaning that taxes would be indexed and go up exponentially along with everything else during the inflation.

"The State wiped out property, livelihood, personality, squeezed and pared down the individual, destroyed his faith in himself by destroying his property," Heiden reflected. "Minds were ripe for the great destruction." ...

Since the United States is a mighty superpower, many Americans probably continue to believe that what happened to Germany can never happen to them. But runaway inflation is driven by runaway spending financed by money-printing, and the spending can be on all sorts of things, not just reparations. Today federal spending on entitlements is skyrocketing, and in 2009 entitlements consumed all federal tax revenue, which meant, in effect, that the United States had to go deeper in debt to cover other costs such as national defense and interest on existing debt. By any standard, the U.S. government is financially stressed out. Since the United States intervenes in the affairs of other countries more than anyone else, it is likely to become embroiled in future wars, perhaps in addition to the two wars that have dragged on in Iraq and Afghanistan. During each of the biggest wars the United States has been involved with (the Civil War, World War I, and World War II), federal spending soared about tenfold. Something like that would certainly qualify as an external shock. Clearly, the risk of a U.S. inflation catastrophe is going up.

Latest development!

You think that's bad?

http://realityreport.blip.tv/file/4068524/

REALITY REPORT #59 - DOJ Defines Constitutionalists as Terrorists

Can you believe that citing your constitutional rights puts you on the Department of Homeland Security's no fly list?

Thank Bush

A conspiracy "theory?"

Ok Ed, then what do you call it? Don't you think that the ethics and other issues that are relevant in our systematic failure, in many ways are enabling and provide opportunity for the politician and administrator to "enterprise" and gain in a post capitalistic market?
As someone who has experienced the fall of the soviet system and watch the "free" market develop in a mafia sort of fashion, I think there is a covert and sinister program to pump up national debt in $ and sell it to China, then have a currency like the Euro that is multinational. Your problems will be vaporized in the exchange rate, and the person holding the note in $ will be out of luck.
Is what happens all the time in other countries not able to happen to George and Ben, not to mention Lincoln and Jefferson?
Just vote for Rick and we can have our own Texas Peso to educate the truckloads of kids in our well organized system. No Civil Rights are what we expect already so what is the difference?

[Ed Note: As I say, to believe that a small "secret" society can completely circumvent Congress and impose martial law and change the monetary system is bunk. If it does ever happen (1) it won't happen in our lifetimes and (2) it won't happen with our style of government. Now, are we likely candidates for a political/social takeover by someone else? That's not entirely out of the question, but things would have to get a lot worse than they are now.]

Watch this and comment! I Dare you!

http://www.snagfilms.com/films/watch/the_end_of_america/

Ed, we have gotten worse than it needs to be already.
I know my rights have been twisted by the state ability to deny impartial Due Process in regards to my child's right to FAPE. Rudy Giuliani has a contract legal team to perpetrate all sorts of legal injustice to cheat and be highly paid. I know it happens. What is up with your taco store and Mexico riots? You know that we have all sorts of people in our city who have ZERO regard for any law. We have people like myself treated like criminals because we stand up for truth and justice, not to mention ethical behavior from our tax funded agencies.

What about the truth? What about the TRUTH???? And what about ETHICS?

Texas: H.C.R. 50

Texas: H.C.R. 50 serves “as notice and demand to the federal government, as our agent, to cease and desist, effective immediately, mandates that are beyond the scope of these constitutionally delegated powers” and that “all compulsory federal legislation that directs states to comply under threat of civil or criminal penalties or sanctions or that requires states to pass legislation or lose federal funding be prohibited or repealed.”

Hope this helps... but I'm buying a pair of jackboots just in case.

[Ed Note: Here is the text of the bill. Unfortunately I don't think it is going anywhere. I wish it were more than a re-election ploy.]

Yep

Governor Perry had an issue with the Click it or Ticket Program but somehow it got passed him after all that federal money was offered.

Bunk? You are either blind or setting me up to explain.

"to believe that a small "secret" society can completely circumvent Congress and impose martial law and change the monetary system is bunk."

If it does ever happen

(1) it won't happen in our lifetimes and
(2) it won't happen with our style of government.

1) You are right it didn't happen in a lifetime. Fractional reserve banking took centuries to develop into the usurous system it is today. See Money as Debt and THE MONEY MASTERS

2) It already has happened. The new system is called the Bretton Woods system and the USD has been off the gold standard since 1971. You can thank Nixon for that.

3) The infrastructure to support Martial Law is being financed. See Obama Signs $26 Billion Public Sector Jobs Bill Into Law They decided to fund more cops to quell riots and dissent. They decided to fund educators to keep the delinquents in school. Notice that the role of the educator was expanded to disciplinarian. Not only that.. the US Army 1st Brigade was deployed on U.S. soil.

It's all there under your nose. Can't you smell it?

Money, Banking and the Federal Reserve

Oh Ron...

What he means is that Congress could NEVER get the bill passed by December 21, 2012.

Loved the last link!! Thanks!

One other thing.

One dynamic that may affect traffic stops in your state is the "Click-It-Or-Ticket" program. This program awards federal funds to local police departments in the form of overtime pay which officers may earn by working extra hours enforcing seatbelt laws. Unfortunately, if you live in a liberty-minded state where failure to wear a seatbelt is not a primary offense (i.e., you can't be pulled over solely for not wearing your seatbelt, but can be ticketed for it if pulled over for a primary offense such as speeding), then you get an especially raw deal. Officers eager for more money will gladly take the overtime, and proceed to pull people over for trivial infractions just so they can check for seatbelt usage. Of course, even after they've verified that you are, in fact, wearing your seatbelt, you'll still sit there for 15-45 minutes while they run your license and registration. What you end up with is a feel-good federal program combining with state policy that values individual liberty, with the perhaps unexpected result that drivers are more likely to be pulled over for no good reason. Critics believe this program in its current form incentivizes police harassment. At the same time, officers in such jurisdictions who participate in this program are just as much to blame. In any case, you may get pulled over simply as part of a seatbelt check, a violation of your right to travel.

[Ed Note: Our motorcycle cops like to sit at the "U" turns under expressway bridges or entry ramps pulling people over for this. It is nothing more than a money grab for States who haven't wisely managed revenue--which is all of them.]

Our style of Government

.. is very close to the Roman style. A contributing factor to Rome's fall was it's dilution of money not to mention political corruption. Notice how the same thing is happening here in America. The editor has faith in the system. I choose to see what's around us and conclude that the system is rigged.

On another side note, have you noticed how our media is so messed up that they choose to ignore the events unfolding with our next door neighbor, Mexico. There's a drug war revolution going on that can totally creep over the border. These drug lords are so well funded that they've even hired Mexican ex-special forces. AND they have so much money that their tech rivals our own municipal law-enforcement let alone military. e.g., submarines. Texas' own militias are underfunded, grumpy old NRA activists and will be unable to counter this external force.

If there is anytime we should lift local restrictions to the 2nd amendment, now is the time.

[Ed Note: The thing that defines us as a country is the ability of our people to unite, overnight, and move to fix problems. 911 for instance. Our weakness, unfortunately, is follow-through :) ]