China dumping its Dollars - bush plan to ruin the U.S. succeeding!!!
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CHINA TO DUMP ONE TRILLION IN U.S. RESERVES!!!!
BEIJING, CHINA -- Sources with a U.S. Delegation in Beijing have told The Hal Turner Show the Chinese government has informed visiting bush crime associates they intend to dump One TRILLION U.S. Dollars from China's Currency Reserves and convert those funds into Euros, gold and silver!
China was allegedly asked to withhold the announcement until Bullion Markets closed for the weekend to prevent an instant spike in gold and silver prices. This delay will give the world the weekend to consider appropriate actions rather than have a knee-jerk reaction which could see the U.S. Dollar totally collapse in value Monday.
According to this Senior source, China told the U.S. delegation they no longer have faith in U.S. Currency for several reasons:
1) The Federal Reserve Bank ceased publishing "M3" data in March, making it nearly impossible for anyone to know how much cash is being printed. China said this act made it impossible to tell how much a Dollar is worth.
2) The U.S. Dollar has lost upwards of thirty percent (30%) of its value against other foreign currencies in the recent past, meaning China has lost almost $300 Billion simply by holding U.S. Dollars in its reserves.
3) The U.S. has no plans whatsoever to reduce deficit spending or ability pay down any of its existing debt without printing money to pay it off.
For these reasons China has decided to implement an aggressive sell-off of U.S. Dollars before the rest of the world does so. China reportedly told the US delegation; "we are the largest holder of U.S. Currency and if the rest of the world unloads theirs before we unload ours, we will lose our shirts."
....bush sent virtually the entire economic "A-team" to visit China for a "strategic economic dialogue" in Beijing Dec. 14 and 15.
Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke lead the delegation, along with five other cabinet-level officials...
The bush felons wanted to get China's cooperation in preventing a dollar collapse....the effort failed.
...Fed Chairman Bernanke left the meeting "pale and in a cold sweat" as the implications of China's decision seemed to sink in.
The implications are enormous: The U.S. Dollar is likely to collapse in value against all other major currencies as early as Monday, December 18.
This would cause a worldwide sell-off of dollars, create almost immediate "hyper-inflation" in the US and also impact world markets at a level "worse than the Great Depression of 1929."
Well, the cocained chimp & his gang sold us out to the scruds running the Fed funny-money scam, and now it's going to hit the fan.....
Let's get the gallows ready, and reward them all.
__________________
"I wouldn't go to war again as I have done to protect some lousy investment of the bankers. There are only two things we should fight for. One is the defense of our homes and the other is the Bill of Rights. War for any other reason is simply a racket."
~ Major General Smedley Butler, USMC, 1933 -- Two-time recipient of the Congressional Medal of Honor
History lesson about money
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Pennyworth
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Pennyworth
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Pennyworth
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Born To Be Mild....
extremely interesting,informative, and insightfull article on David Rockefeller.... http://query.nytimes.com/gst/fullpage.h ... gewanted=2
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Pennyworth
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Cattle and Horse traders....
Poker Pages: Poker Articles: Amarillo SlimFirst there were the Benny Binion tales, then the Betty Carey episode followed ... buying some registered Hereford cattle from the Rockefeller Corporation. ...
http://www.pokerpages.com/articles/inte ... -part1.htm - 56k - Cached - Similar pages
http://www.pokerpages.com/articles/inte ... -part1.htm - 56k - Cached - Similar pages
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Pennyworth
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Pennyworth
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Pennyworth
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Pennyworth
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Pennyworth
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