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Do you think the 911 events were an inside job , with full involment of Bush cabinet over the attack to our own people?
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 China Voices Support For New Global Currency To Replace Dollar

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Tony Smith

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PostSubject: China Voices Support For New Global Currency To Replace Dollar   Wed Sep 09, 2009 2:06 am

Central bank gets behind move to empower IMF to implement new supranational system

Bloomberg new
Monday, March 23, 2009China has expressed support for Russia’s proposal to hand the IMF the power to create a new supra-national global currency in response to the call for an alternative to the U.S. dollar as the world reserve currency.
Last week the Kremlin called for the “creation of a supranational reserve currency to be issued by international institutions as part of a reform of the global financial system.”
The Russian proposal stated that the IMF should take the lead in establishing a “superreserve currency accepted by the whole of the international community.”
China today expressed support for the initiative and said it was ready to discuss the proposal at the upcoming G20 meeting in London on April 2.
Hu Xiaolian, vice governor of the country’s Central Bank, said that China, which holds about $2 trillion in foreign exchange reserves, was prepared to debate the issue as “the dollar’s dominance and U.S. economic woes could entail considerable currency fluctuations and affect the world financial situation,” reports RIA Novosti.
The creation of a new supra-national global reserve currency to supplant the U.S. dollar would likely lead to a complete collapse of the greenback, of which trillions are held in in foreign exchange reserves by foreign countries such as China and Japan.

(ARTICLE CONTINUES BELOW)
As we have previously highlighted, the elite have exploited the problem that they created to push for increased regulation of the world economic system in the pursuit of a de-facto global financial dictatorship.
The swift and ruthless exploitation of the economic meltdown on behalf of globalists and central banks revolves around their drive to move towards a one world currency system and an unprecedented centralization of global financial power, a fact that financial analysts are finally beginning to realize.
Earlier this month, Ben Bernanke told an elite gathering at the Council on Foreign Relations that a new overarching financial authority should be created and empowered with sweeping new regulatory responsibilities.
British Prime Minister Gordon Brown, EU heads such as Joaquin Almunia and establishment media outlets like the Wall Street Journal amongst many others have all continually used the economic crisis as an excuse to argue for greater financial power, a “new world economic order” in which control is concentrated into fewer hands – with the IMF and the World Bank enjoying the spoils.
UK Business Secretary and top Bilderberg member Peter Mandelson has also pushed for a “Bretton Woods for this century,” to help build the “machinery of global economic governance”.
Former UK Prime Minister Tony Blair, German Chancellor Angela Merkel and French President Nicolas Sarkozy all made the same appeal at a conference in Paris on the future of capitalism earlier this year.
Merkel called for the creation of a new global economic body under the UN, similar to the Security Council, to judge government policy.
Sarkozy called for a “new world, new capitalism” during his speech, as he commented “In capitalism of the 21st century, there is room for the state.”


Meanwhile, Blair called for a new financial order which he said should be constructed upon “values other than the maximum short-term profit.”The globalists’ call for a centralized global economic order has nothing to do with providing solutions to the crisis but everything to do with providing themselves with more power and control over the world’s financial system.
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PostSubject: Re: China Voices Support For New Global Currency To Replace Dollar   Wed Sep 09, 2009 10:35 am

AS many other political analyst highlighted, the current global financial situation is a unique opportunity for the conglomerate octopus of the Council of Foreign Relations and his global banking appendices as IMF World Bank, etc for a coup of grace in total banking control, both China and Russia understand this but opt  for the lesser evil and short term solution.Understandable,  getting rid off the worthless dollars reserves with minimum losses is one of China more challenging task, but getting caught as you see here in a more lethal trap nicely setup for all of them by Trilaterals, via Headquarters Council of Foreign Relations and his humongous list of Think Tanks , Foundations, including of course the Sacred Rockefeller Foundation.Horizons seems very dark in all fronts, for mankind.
 

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