Thursday, June 02, 2011

o'bamanomics - Soros Attacks Supremacy of U.S. Dollar

Where's our Congressmen & Senators?  Are they 'asleep at the switch' or are they mezmerized by o'who?'s teleprompter socialist appeasement babble?  Congress is becoming the lapdog of o'bamanation's fellow travelers!  It no longer is an equal branch of government nor representative of the people and our country's well being.  Repeatedly, they simply parrot their party lines,  pander to the lowest common denominator for votes, fight for ways to keep themselves ensconsed 'inside the beltway', embrace foreign ideologies, and ignore our Founding Principles and the will of main stream Americans! -- rfh
From: Socialism Alerts Sent: Thursday, June 02, 2011 Subject: Soros Attacks Supremacy of U.S. Dollar

Soros would like to destroy the U.S. economy
     George Soros' would like to create a New World Economy that is based on removing the U.S. dollar as the global reserve currency.
     This would lead to an economic collapse in the United States! 
     Soros' plan to dismantle the U.S. economy was unveiled at the Mount Washington Hotel in Bretton Woods, N.H. - symbolic for Soros, because it's the same location where delegates from 44 nations met in 1944 to regulate international finance by creating the World Bank and the International Monetary Fund.
     Not so ironic, the summit was sponsored by the Soros-funded Institute for New Economic Thinking, an outfit that was funded last year with $50 million from Soros. The pretentious summit, whose real purpose was to plot how to dump the U.S. dollar as the world's reserve currency, was planned and orchestrated by Soros and his Canadian counterpart, Blackberry Smartphone billionaire Jim Balsillie.
     By funding the Institute for New Economic Thinking, Soros is able to indoctrinate young economists by skewing their views of the U.S. dollar in order to influence them to support his economic policies that Soros believes will lead to the devaluing of the U.S. dollar, and ultimately destroy the U.S. economy.
     Soros and Balsillie are plotting new ways to dump the dollar that will lead to its collapse. The irony is that the Institute's new economy thinking bears the aged-cheese whiff of the 1930s welfare-state economist John Maynard Keyes and the London School of Economics - where Soros earned his own economics degree - to balance the market and government. Soros proposed strict regulation of global finance to weaken the U.S. dollar's position as the world's dominant reserve currency. Dan Gainer of Media Research Center predicted that Soros' attempt to weaken the dollar will have an impact Americans might be reeling from for years. 
     The Soros-Balsillie bash produced 250 economists and 80 speakers from about 15 nations, whose unintelligible jargon barely concealed their glee that global governance of financial capitalism was broken and must be fixed -- by them, of course.
     The U.S. has the largest economy in the world, so why are Soros and Balsillie promoting the removal of the U.S. dollar as the global reserve currency?  Proposing a strict regulation of global finance to weaken the U.S. dollar's position as the world's dominant reserve currency would devastate U.S. markets and hurt American families and businesses.
     Soros' efforts to collapse the U.S. economy will never cease, and it is the duty of every American to remain alert to Soros' effort to end prosperity in our great nation by dumping the dollar as the global reserve currency.  Don't forget that this is the same George Soros who said: "The main obstacle to a stable and just world order is the United States."
     Soros' plan to weaken the U.S. dollar's position as the world's dominant reserve currency would have devastating effects on U.S. markets and our economy, and would lead to the demise of the U.S.'s global economic superpower status. Thus causing an economic bust in the U.S. that many Americans might never recover from.
     Thomas Herold of the Wealth Building Course wrote: There will be dramatic consequences that you can hardly imagine if the dollar finally ceases to be the reserve currency of the world ... the value of the dollar will plummet. The immediate painful effects will be that commodities prices skyrocket ... your lifestyle would sustain a punishing drop overnight.
     Sincerely, Ron Arnold, Center for the Defense of Free Enterprise Action Fund at www.cdfe.org/cdfe-action-fund 
      P.S. As patriotic Americans, it's our duty to protect and defend the United States from those who wish to do us harm.  We believe that George Soros' plan to remove the dollar as the global reserve currency will devalue the dollar to such an extent that the outcome will be an economic crisis that many Americans will never recover from.  SEND your donation to: Center for the Defense of Free Enterprise Action Fund, Dept Code - 6341, 12500 NE 10th Place, Bellevue, WA 98005 -- The Center for the Defense of Free Enterprise Action Fund is a non-partisan education and advocacy organization that lobbies to influence legislation and mobilizes grassroots support for legislation that defends free enterprise. Contributions to the Action Fund are not tax deductible.

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