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Two-Faced Geithner Assures CFR Puppet Masters He’s “Open” To Global Currency
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In a near complete reversal of his comments on Tuesday, when he told a Congressional hearing that there were no plans to move towards a global currency to supplant the dollar, Treasury Secretary Timothy Geithner sought to please the elitist CFR by assuring them that he was “open” to the notion of a new global currency system.
Geithner’s two-faced reversal is another shining example of how much contempt Obama administration front men have for the American people – assuring them one day that the dollar will remain while the next pandering to their globalist puppet masters the CFR as the move towards a global monetary union accelerates.
As we reported yesterday, Obama, Geithner and Bernanke on Tuesday publicly defended the dollar and denounced proposals by China and Russia to supplant the greenback with a new global currency, and yet the very policies of the Obama administration, the Treasury and the Federal Reserve are creating the perfect storm for the dollar’s death and its replacement with a new international reserve currency.
“Would you categorically renounce the United States moving away from the dollar and going to a global currency as suggested by China?” a lawmaker asked Treasury Secretary Geithner on Tuesday.
Geithner immediately responded, “I would.”
However, just a day later, Geithner told the CFR in a speech that he was “open” to the Chinese proposal to replace the dollar with a new international reserve system.
In response, “The dollar fell 1.3 per cent against the euro as headlines saying “Geithner open to SDR currency” flashed across traders’ screens,” reports the Financial Times.
- A d v e r t i s e m e n t
However, any move away from the dollar and towards an international reserve system, including the use of “special drawing rights” – a synthetic multinational currency maintained by the IMF, cannot be defined as anything other than a move towards a global monetary union.
The continued use of the dollar as a reserve currency, he added, “depends..on how effective we are in the United States…at getting our fiscal system back to the point where people judge it as sustainable over time.”
By that standard then, the dollar is a dead duck.
The moderator of the CFR forum later gave Geithner a chance to reverse his comments, nervously sensing that he’d let the cat out of the bag.
Geithner’s comments to the CFR are noteworthy because the CFR itself has constantly lobbied for the end of the dollar and its replacement with a new global currency as part of a wider agenda to establish global governance.
In May 2007, Benn Steil, the director of international economics at the Council on Foreign Relations wrote an article for the CFR’s influential Foreign Affairs magazine entitled The End of National Currency, in which he wrote that, “the world needs to abandon unwanted currencies, replacing them with dollars, euros, and multinational currencies as yet unborn.”
Steil wrote that “countries should abandon monetary nationalism” and “produce a new multinational currency over a comparably large and economically diversified area.” In the article, he argues that unneeded currencies should first be replaced by the dollar or the euro, but that even these currencies were just a temporary solution for an ultimate goal of a world monetary union. World Net Daily featured Steil’s comments in a piece entitled Goodbye U.S. dollar, hello global currency.
Paul Volcker, former Fed Chairman, has also called for a world monetary union, famously stating, “A global economy requires a global currency.”
Volcker’s replacement Alan Greenspan has also badmouthed the dollar’s position as the world reserve currency, arguing that it should be replaced by the euro and also encouraging Arab countries to abandon their dollar pegs, which would be disastrous for the greenback.
Groups like the Single Global Currency Union have also received support from NGO’s and other influential policymakers in the pursuit of creating a global currency as part of a wider agenda to implement “global governance”.
In addition, White House economic adviser Austan Goolsbee refused to rule out the introduction of a global currency in an interview with CNN’s Wolf Blitzer earlier this week.
Treasury Secretary Geithner has played a leading role in the wholesale looting of the greenback, announcing this week that the printing presses will be cranked to the tune of at least another $1 trillion to buy more “toxic assets” from the sagging balance sheets of failing institutions – again, all at the expense of the taxpayer who will pay for it with rampant tax hikes and runaway inflation on fuel and food later down the road.
Geithner’s double-dealings are nothing less than traitorous. While publicly downplaying the demise of the dollar and the birth of a global currency, his every action is greasing the skids for that very scenario to unfold. In the meantime, he’s careful to assure the anti-American fifth column Council on Foreign Relations, who have vehemently lobbied for a global currency, that the agenda for a world monetary union, a key cog in the pursuit of world government, is right on track.
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March 26th, 2009 at 10:00 am
Email your YouTube friends and subscribers to urge their congressmen to cosponsor HR 1207 and S 604 to audit the Fed.
Click Account, then click Address Book.
They can find contact info for their congressmen at http://www.congress.org by entering their township zip if different from their mailing address (and the +4 of their mailing address zip if it’s split district):
WOR CAP Reply:
March 26th, 2009 at 11:23 pm
OF COURSE THEYRE BRINGIN A NEW CURRENCY
THATS PART OF THE GAME PLAN, ONE WORLD ORDER
ONE WORLD SUPER CENTRAL BANK ISSUING ONE WORLD CURRENCY FOR ONE WORLD COUNTRY OF ONE WORLD SLAVES WORSHIPPING ONE WORLD LEADER – THE ANTICHRIST
PRAISE GOD
http://www.soundclick.com/worldcApital
March 26th, 2009 at 10:04 am
Wow, it was taking the administration a few months, then weeks, and now finally one day to sell us out on their policies to the CFR. It is so clear that they are not working for us. I hope these NWO assholes are going to like living in a bunker when the shit hits the fan. They won’t be able to just duck and dive protestors who want answers. They will be ducking bullets.
Shady O'Grady Reply:
March 27th, 2009 at 12:16 am
I heard threw a “little bird”, that all of the underground bases will be taken out when the “shit hits the fan”, They will be stuck up top state side with us . Sad to think these assholes really think the military is with them. Well a big surprise is coming to the cfr, trilats, bilde’s and others . That ‘little bird”, also said a great cleaning is coming to the northcom people from within their own ranks. Let’s just say the sins of the past will mot be forgotten..heh..heh..heh!.
March 26th, 2009 at 10:12 am
the fed has been autited many times, its merely a myth that the fed doesnt get audited. im ready to take it down but there alot of myths out there. check this site out.
http://hidhist.wordpress.com/b.....ial-myths/
CSI Reply:
March 26th, 2009 at 12:02 pm
well stated satan, question? did god say? oh my!
FSBob Reply:
March 26th, 2009 at 1:36 pm
“Conspiracy theorists have long viewed the Federal Reserve Act as a means of giving control of the banking system to the money trusts, when in reality the intent and effect was to wrestle control away from them.”
That’s the funniest joke I’ve heard all week.
March 26th, 2009 at 10:19 am
end the Private FED
March 26th, 2009 at 10:21 am
Anyone else noticed the more they demonize Geithner, the more his power increases?
Usually when a person commits fraud and lies to the public, the media scorns them.
But with this administration, they have them do a T.V. special, and claim everyone loves his tyranny.
Let’s give him complete power to show our appreciation for the AIG scam he was involved with and said he would take the responsibility for.
Usually that means you would reprimand the criminals or resign!!!
What did you do??Ask for complete power!!!
Here is the key to my house and codes for the safe..please make sure no one steals from me.
CSI Reply:
March 26th, 2009 at 12:04 pm
and they will say, good is evil and evil is good, woe to them there distruction will come in quickly
Army of Heaven 777 Reply:
March 26th, 2009 at 1:19 pm
Amen
March 26th, 2009 at 10:32 am
Yes, Geithner is a piece of crap, but…
There already is a global currency – the dollar (insofar as it has a monopoly on oil and certain other currencies). It’s a total screw-job to every other nation. We need to return to some sort of fixed-exchange system so that global trade can take place, and nations can develop their infrastructure without fear of their currency being used as a weapon.
Globalists don’t actually want a single currency since manipulation of exchange value is such an effective and profitable weapon (not that it’s a good idea). They want a handful of regionals – the Amero, Euro and Yen? So that rogue nations can be brought to heel more easily, but they can continue to play regions off each other. This is why South American countries, for example, have tried to develop regional exchange agreements for mutual defense against the dollar/Euro.
The Chinese SDR plan may not be the way to go, since the IMF is so corrupt (and anything said at the CFR is inherently dubious), but we’d be better off with something like Bretton Woods than without it. The questions are; what are the rules, who has power, and how do you create mutual benefit without compromising national sovereignty?
CSI Reply:
March 26th, 2009 at 12:15 pm
all good questions barney, answer: only god can lay the streight and narrow path that leads to equality both economically and politically? satan’s world empire will be a mix of clay and iron partly weak and partly strong.
only yahshua can design the system, mans efforts will lead to perdicted distruction and global war!
March 26th, 2009 at 10:33 am
These *A*holes are working on globalization when the candidate Barack Obama promised help for the under-privilidged. Billions for billionaires but no help for the people in Obamaville? Tent city is growing in Sacramento.
http://www.oneangryman.com/ken.....acramento/
March 26th, 2009 at 10:49 am
“no help for the people in Obamaville” __ Too many Americans getting their news from the major media, the inflatable buffoon at Excellence In Brainwashing, and his comrade in Hannityland.
Army of Heaven 777 Reply:
March 26th, 2009 at 2:08 pm
they got trillions of dollars to give away to people who are ALREADY FABULOUSLY WEALTHY but for you and me, it’s a tent or worse yet a FEMA camp.
It makes no sense to see all these people living in tent cities when there’s empty houses on every block.
Fuck this govt. it doesn’t represent ME.
March 26th, 2009 at 10:50 am
Geitner is a rat faced looking bastard. I feel the caption for picture on the main page should read as. ‘Yeah baby, it’s only about this big, but I’m a stinking rich, hop on to the Goldman Sachs Bologna Pony.’
March 26th, 2009 at 10:55 am
Can we get a governor in some state, any state… ANYWHERE, to announce the abandonment of private creditors currency, and introduce that own states plan of its own state-issued currency…?
please!
somebody get a backbone!
March 26th, 2009 at 11:02 am
One World Economy = One World Currency = One World Government
You CANNOT have one without the others!!!
March 26th, 2009 at 11:34 am
In addition, the administration proposed the creation of a systemic risk regulator to monitor the biggest institutions. Geithner did not designate where such authority should reside, but the administration is expected to support awarding this power to the Federal Reserve.
Couldn’t find a more trustworthy bunch in…….PRISON?
March 26th, 2009 at 11:35 am
The government loves you to death.
March 26th, 2009 at 11:39 am
Like I said months ago. Geithner is Obamas boss! Get it? Bill and the others are absolutely correct. More than likely, Timothy’s parent’s dedicated him to the ascended masters of the Illuminati, from birth! He has been trained and endued with occult power,to function as a Economic Sorcerer,skilled in the arts of “Black Attack Chaos Magic!” Any one with an ounce of spiritual discernment can see the demon bleeding through his facial features. This is an indication of just how totally “taken over”,and inhuman(uncaring about our fate) he really is. As far as Code Pink.They are either disinfo plants, trying to garner sympathy for Geithner,by seeming to pick on him. Or there is really cracks starting to appear in the Illuminati’s structure. After all, Geithner’s father employed Obama’s mother at the same Ford Foundation(Globalist/Iluminati connections) ,that reportedly gives millions in funding to Code Pink. A kingdom divided against itself,can not survive. Hopefully these scumbags will overplay their hand,and aim a little higher than the foot,next time they screw up. It is quite depressing to realize they have this economic thing ,pretty much covered on all sides. If we as Americans continue to do nothing,as they robs us and our great grandkids of a decent life. They just continue”winning”,along their merry way. On the other hand if they succeed,through the Medias help to inspire us to protest and riot,they win bigger,and quicker. Than they really get what they are after ,quicker. After Marshall Law ,and firearms confiscation. Comes detention and elimination of “all” the enemies of the State and Fuhrer. Only this time the body count will be much,much,much larger! This is where it is all heading, folks. The very same “Ascended Masters” that Adolph Hitler, the Occultic/Illuminist Dictator sought out and sought ‘power” from. Are the very same “Beings” that Geithner, Obama,and all the other Luciferians, take their orders from. You can agree, or disagree. That is , non the less ,what is really going on. I have “inside” information. I don’t care if you believe it either. It doesn’t change the Truth, what any one believes or disbelieves. THE “TRUTH” IS SOMETHING WE ALL WILL ALL HAVE TO LINE UP WITH ,SOONER OR LATER! THE “TRUTH” I
Philip Ondeez Reply:
March 26th, 2009 at 4:07 pm
Patriot2009, wake up and smell the coffee, tea, or milk.
March 26th, 2009 at 11:48 am
Read it in the NY Post today. Tiny little blurb in the “Post Opinion” section. Just prepare yourselves and warn anyone you care about. Its comming into focus a lot faster now. Shockingly, you’ve all been right.
March 26th, 2009 at 11:58 am
http://www.youtube.com/watch?v=ZC0M4aEJFqA
CSI Reply:
March 26th, 2009 at 12:55 pm
dude what a disterbing but entertaining vedio? if you believe that violance is the answer to take back the federal government well that is a caveman mentality and might work? but of a low mental level pagon heathen thinking!
i challange you itstime? to get down on you marrow nees and seek yahshua’s will for you in this 2nd american revelution? ask the saviour to lead you to the right path, violance will lead to your distruction. yahshua will will lead to victory we want victory that comes when man a created being is in harmany with yahshua the creator at that point we win when we are in god’s will. this fight is yahshua’s not ours, the devil is the enemy he has many in his kingdom who control the media and money in america.
as men understand this battle plan of satan and yeild to the holyspirit the force to defeat the enemy is produced by man’s faith in his creator! sounds hard to believe but we are human.
god is ready and willing to take back america for his purposes and plans only when americans yeild to his holyspirit and convert to his will and his will is simple believe on the only name where by we humans must be saved!
all efferts out side of god’s will we fail and this is why? satan has the power not man. try to box satan its a fools erron, so put thye right peices together and build that device that will defeat satan’s power and that power sorce is the blood of yahshua. satan will yeild and leave america with his un, cia, nsa, fbi, fed bank and all the evil spirits that motivate the people who work in these organs of the NEXT WORLD HOLOCAUST!
by faith some old hippies knocked down a city called jerco, then walked around it and in 7 days blue a trumpet then the walls came down and the boil was lanced!
if we americans who truley love god and country would march around washingtondc we could do the same exersise today? why not its all about faith in the son of man. its always been about what a man believes, change a man’s beliefs by actions and that man will be your friend and will help together on the path that leads to the eradication of evil from the federal government! its all about faith not caveman thinking, but spirit thinking, people please shake yourself, i challange you to prove me a lier god is real he see the big future! live by faith not by sight. with man its inposable but with god all things are possable. prove me wrong?
another patriot Reply:
March 26th, 2009 at 5:23 pm
CSI says……..
“by faith some old hippies knocked down a city called jerco, then walked around it and in 7 days blue a trumpet then the walls came down and the boil was lanced!”
ROFLMAO! I almost died laughing after reading this!!!
Nutter?!
Abashira Reply:
March 26th, 2009 at 6:51 pm
CSI,
There is only ONE task you should perform before submitting another ‘Post’. Please read the Bible and learn what it really says. There are toooo many inaccuracies in your ‘Posts’. The Battle of Jericho, not ‘jerco a place for ‘jerks’, involved an army of Hebrews that marched around Jericho over a 7-day period, then on day 7 they marched and blew a trumpet; and the walls fell.
Yes, ‘faith’ is an important ‘element’ in the Believers’ journey with God, but Action with Faith is what God is requesting in the Bible. My point is that the Believer should use the Bible with accuracy, not with ‘literary abandonment’, and human-based creativity. [FYI??? I am a Believer and Follower of Yeshua the Messiah whom has a Master of Divinity.]
Thank You. Good Day.
*** Please visit my suite at http://www.abashiras-suite.net. and, specifically, visit ‘Dachau: A Comemoration of Life’. And, visit ‘My Channel’ on You Tube: ‘Abashira’s Suite’ to view ‘A Celebration of Life’.
March 26th, 2009 at 12:04 pm
try replacing “all” with “some” as in “all of you”
March 26th, 2009 at 12:08 pm
negative indians are mortal yahshua is not , ask the son of man yahshua to save your soul and open your eyes. he can and he will if you will believe it by faith?
Tristan Reply:
March 26th, 2009 at 7:56 pm
The fool says there is no God.
March 26th, 2009 at 12:08 pm
Geithner has a big plan for the G20
March 26th, 2009 at 12:31 pm
When does the feds current contract runout?
March 26th, 2009 at 12:58 pm
We wonder if Mr. “G” thinks he will somehow appear to be more honest and ‘trustworthy’ by talking out of “both ends”, so be careful when you “ass” this guy a question!
March 26th, 2009 at 1:06 pm
Can we start a petition to ban that buffoon CSI IP address? He’s on every article saying the same crap over and over and is obviously put here as a distraction from the articles.
GO SOMEWHERE ELSE AND TROLL! I hear godlikeproductions.com is in need of more spooks and disinfo agents.
Army of Heaven 777 Reply:
March 26th, 2009 at 2:18 pm
CSI is just confused by his religious spirit.
Let him hang around, maybe we’ll rub off on him.
He’s not wrong about us needing the LORD’s help, he just needs to read his Bible a little more closely.
Peace
March 26th, 2009 at 1:20 pm
I honestly do not see what the big deal is over a potential move to a global currency? We are already a progressively global world, and become more so each day.
I think it will be a necessary step in order to avoid another dark age. This time a global dark age.
The time has come to consolidate the nations, the currencies, and so on.
True there will be resistance to these changes, but plans are in place for that.
March 26th, 2009 at 1:20 pm
READ THE COMPLETE MIAC REPORT HERE! SEE AUDIOS AND VIDEOS RELATED TO IT. SEE GLENN BECKS VIDEO ON IT.
http://www.thegrandawakening.com
March 26th, 2009 at 1:55 pm
There was a little resistance to the euro too, but they were forced to accepted it after a short while, not much they could do about it anyway. I’m thinking the same thing willl happen here with the amero. It’s already almost a cashless society. Check, debit, credit card. I’ve had a few bucks laying around for a few months now collecting dust.
March 26th, 2009 at 3:03 pm
I stumbled across this cover-up of TurboTax Tim. Apparantly he is not of the human race! His father is named Geppeddo and makes puppets. I think TurboTax Tim’s nose has grown at least 6 inches since being appointed Fuhrer of the IRS. What’s up with that nose? It looks like it was caught in a machine and had to be surgically reattached! His nose makes the Mississippi River look straight. I bet he needs back hoes to pick the boulders out of that cancerous growth on his face.
March 26th, 2009 at 3:12 pm
Geithner is one evil looking bastard, for his acts in high treason he is definitely on the public lynching list. The president of the Federal Reserve, Pffsh..
March 26th, 2009 at 5:04 pm
My, what big ears you have, grandmother!
March 26th, 2009 at 9:19 pm
I thing you guys are exaggerating! he said “you should see it as rather evolutionary rather building on the current architecture rather than moving us to global monetary union.”
AND SURPRISE, WE ALREADY HAVE A GLOBAL CURRENCY IT’S CALLED THE DOLLAR.
You guys think that you are free thinkers, but I think your minds are also hijacked by a paranoid force.
remember THE TRUTH IS ALWAYS IN THE MIDDLE!!!!
March 27th, 2009 at 12:57 am
this reminds me of the story of the scorpian and the frog…….what else do you expect from crap….it stinks and makes a mess……but who is going to clean it up??????
March 27th, 2009 at 1:03 am
ChrisC I would appeciate the term “some” as well. Many Americans NOT “All” really don’t care about the other parts of the world, because it wasn’t affecting them personally. Now it will be affecting them … but their (American) loss of power certainly won’t make the rest of the world “Better” off…instead the masses will be worse off ALL over the globe. The elites will have their power and use the remaining as slaves. Including being a pawn/slave in their wars aimed at carrying out their agenda.