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Sarkozy Pushes for Abandonment of Dollar as World Reserve Currency
George Washington’s Blog
Thursday, November 13, 2008
French President Nicolas Sarkozy said on Thursday ahead of the G20 meeting of world leaders:
“I am leaving tomorrow for Washington to explain that the dollar cannot claim to be the only currency in the world…, that what was true in 1945 can no longer be true today”.
There have been many previous indications that the dollar would not remain the world’s reserve currency for long. But this is a dramatic statement by a close American ally.
(ARTICLE CONTINUES BELOW)
Reading between the lines, I am guessing that Sarkozy is pushing for a shift from the dollar to a basket of currencies as a world reserve standard, instead of a change to a single currency such as the Euro or the Yuan.
But we’ll have to wait and see what Sarkozy is really advocating.
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41 Responses to “Sarkozy Pushes for Abandonment of Dollar as World Reserve Currency”
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November 13th, 2008 at 12:28 pm
we are so fucked, and we are raped, and we will be killed by millions, I hjave read so many books from early on all these books were right, I see everything falling into place like a puzzle, we are fucked!
November 13th, 2008 at 12:32 pm
Will Bush pronounce France as part of the Axis of Evil now? Even if there is no petrolium in France?
November 13th, 2008 at 12:56 pm
To be honest, you yanks deserve it. 60 years of printing your green papers finally comes to an end
me Reply:
March 21st, 2009 at 12:45 am
@ PLN – you are a f-u-c-k-i-n-g moron. What can anyone expect? You are a dumb, uneducated, ignorant and arrogant euro/brit piece of s-h-i-t.
The good thing is that europe will pay for all the things it did to the rest of the world… europe will fall, finally.
November 13th, 2008 at 12:56 pm
if this shit happens all members of the greedy congress will pay the final price and so will the sell outs in the puppet house i mean whore house opps i mean white house.fuck those nazi’s that are running the fed that are robbing us blind thanks too congress for a job well done.
November 13th, 2008 at 12:57 pm
they may not have oil but they have alot of duck fat. Obama and the new world order will claim its a green energy source and set up military bases to guard it. Hey the dumbed down middle class walking around with propellers on their hats will buy anything
November 13th, 2008 at 12:57 pm
Dont allow your mind to manifest the negative imagery. These people are powerless over our combined goodness and they know it. Focus on truth in media and fun with your family.
November 13th, 2008 at 1:09 pm
Not surprising…the oil producing countries of the middle east have been calling for the same thing for years now….
November 13th, 2008 at 1:21 pm
can anyone tell me what will happen to our pensions when the dollar collapses?
November 13th, 2008 at 1:32 pm
#8 They might transfer them to their new currency, and take some off the top. Either way, it’s NOT meant for the sheep to be helped.
November 13th, 2008 at 2:03 pm
Sheep what happens to your pension is it wont be worth jack shit….inflation will wipe out any value your pension had.
What will happen is by the time you come to draw that pension or if you have it now it will soon be worthless and you will have to try and survive in one of them 200+ FEMA labour camps they have dotted all around your country.
November 13th, 2008 at 2:21 pm
Could what he’s really advocating be a greater push towards a global currency? People here in America are so drugged up on Obama fever and don’t even realize whose all on board the Obama train. The same people pushing for world government. I bet if they really wanted to they could skip the Amero and go straight to a global currency if Obama said that’s what will bring change. Biden already told us to suck it up and go along with them basically. I don’t think they would have a problem if we don’t go along either way because then they would just force us and too many Americans have no back bone.
November 13th, 2008 at 2:32 pm
Crisis Summit: Bush and USA asks, what kind of capitalism refoundation are you talking about?
http://www.cherada.com/articul.....king-about
The financial crisis collapses credit, and credit collapses sales, which at the same time creates massive layoffs with widespread bankruptcies and destroys the numbers of the real economy. The “bad news” are spread like a contagious virus around the world.
November 13th, 2008 at 2:51 pm
You reap what you sow.
The Federal Reserve has sown appalling currency management of the money that so many have relied on around the world. Now they will reap the wholesale sinking of the American economic dominance and the potential impoverishment of the nation.
And all Americans sowed the seed that brought this about. Anyone moaning and complaining about what the Federal Reserve is up to, anyone who has derided the bankers’ pet politicians for their juvenile behavior, it’s time for you to take a good look in the mirror. If you’ve used Federal Reserve Notes, if you’ve voted in any elections, you’ve supported this system that is trampling all over your children’s and grandchildren’s future prosperity. The sad part here is that your children will probably reap the worst of what you have sown.
If you want to reap real change – not the empty slogan of Obama, but real change – you will need to change the social systems you use.
A new inflation-proof currency, new economic format and new social policy have been formulated for us to use as an alternative. See link below…
Don’t fight the system:
Replace it
http://socialviability.com/
November 13th, 2008 at 2:53 pm
You could have read this article on your HDTV with http://www.freedomonmytv.com!
November 13th, 2008 at 3:07 pm
Wouldn’t multiple-reserve currency be better than one currency as the reserve? Competing Currencies was a good thing I thought. Like Gold & Silver. Obviously thats not what they are doing but….
November 13th, 2008 at 3:23 pm
Time to get your AMEROS Amigos !!
VIDEO – Hal Turner muestra el Amero – 18th Oct 2008
http://uk.youtube.com/watch?v=tLsQ37rNMjo
November 13th, 2008 at 4:01 pm
#17: Hal Turner is a FRAUD and HUKSTER.
If you want an Amero just go “Daniel Carr” website and purchase one.
w w w.dc-coin.com/index.asp?Category=8&PageAction=VIEWCATS
Daniel Carr is an artist who will make you any fake coin / Medal / Token. That is what he does, go look for yourself.
Hey Hal are you as stupid as you are fat? Maybe you should research more instead of stuffing your fat face.
November 13th, 2008 at 4:38 pm
“which will be destroyed our Lord Jesus Christ in the Battle of Armageddon….”
GTFO with that mythology crap
November 13th, 2008 at 4:46 pm
#15
1. God Worship = Dictator Worship
2. Jesus is the Devil who grants redemption for the atrocities committed by his followers.
3. Go drink the blood and eat the flesh of your idiot, just leave the rest of us out of your ritualistic cannibalism (not much better than the Judaic race cult that cuts the tip of their baby’s peni s off in worship to their race/cult God).
4. Christfu**ers also want a NWO; only with their Dictator Jesus in charge of the world. (Jesus is the magical sky dictator)
Stupid is as stupid does.
November 13th, 2008 at 4:57 pm
“The public cannot comprehend this weapon, and therefore cannot believe that they are being attacked and subdued by a weapon.
The public might instinctively feel that something is wrong, but because of the technical nature of the silent weapon, they cannot express their feeling in a rational way, or handle the problem with intelligence. Therefore, they do not know how to cry for help, and do not know how to associate with others to defend themselves against it.
When a silent weapon is applied gradually, the public adjusts / adapts to its presence and learns to tolerate its encroachment on their lives until the pressure (psychological via economic) becomes too great and they crack up.
Therefore, the silent weapon is a type of biological warfare. It attacks the vitality, options, and mobility of the individuals of a society by knowing, understanding, manipulating, and attacking their sources of natural and social energy, and their physical, mental, and emotional strengths and weaknesses.” -From “Silent Weapons for Quiet Wars”
November 13th, 2008 at 6:16 pm
so when all the dollars around the world all come back to the us,
massive inflation will be the result
the U.S. militarily will be exhausted and over seas,
hiroshima? nagasaki?
think the world will treat the U.S. with the same respect it has used over the last 65 years?
November 13th, 2008 at 8:11 pm
Sarkozy isn’t even French, he’s a Hungarian Jew. Just like Obama isn’t American and Hitler wasn’t German. They’ve planted puppets of the Pharisee sorcerers in all the key positions.
Direct confrontation will not work. Only a general strike, the kind that Max Keiser advocates, can have any effect and will not destroy unity against our common parasitic enemy.
November 13th, 2008 at 8:23 pm
Sarkozy knows something. I think it has to do with the fact that all this bailout money the US has been creating out of thin air hasn’t been monetized yet and those bonds representing this new money hasn’t been offered for sale yet. When it is, how much do you suppose Mother Russia will purchase, or China for that matter? Oh-oh!, did someone say the ‘H’ word (hyperinflation).
November 13th, 2008 at 8:39 pm
Just like Russia, we were suckered into a no win war in Afganistan (and Iraq) and the result will be the same, the end of the American Empire. Checkmate
November 13th, 2008 at 10:09 pm
At the same time get rid of the Frickin’ Federal Reserve and their worthless dollars that these pieces of shit are passing around the world. Greenbacks! That’s the way to go! If you and I were passing bad money around, guess what?, we’d be in jail! So why aren’t these Assholes?
November 13th, 2008 at 11:49 pm
I wonder if it would be possible to form our patriot groups into our own supply of everything…Take an inventory of what we can all share with each other and then we can pay each other in our own way…either through a currency for patriots or barter…or both…trading products and services…what if we could provide one another with food and other necessities and completely ignore their game?
Ignore their movies, TV, politicians, fads, everything…It’s actually a matter of simple mathematics and a sound formula…such as a website that would act as a sort of air traffic controller of everything local and nationwide…Rather than get stuff at a walmart or even an Ace hardware we find ways to share tools or find patriot manufacturers…food that is raised and shared only with patriots…patriot dollars or a trading of service…say someone needs a coat…it could be used or new, traded for or worked for or bought with our own currency…
If the website was monitored in a way that we actively tried to meet all needs and requests…
To be part of our seperate economy we require a couple things, faith in the constitution and bill of rights, some sort of contributing service or product and absolute defiance of everything they have done to destroy what the constitution called for…In a sense what we need is cooperation from each other and not government at all…
What if a Patriot garbage service only served patriots in the area…or someone with springfed wells and lakes…shared water…essentially find ways around utilities THEY control…Ignore them to death…our own colonial script…
regarding their roads and such and tolls and other costs we would need to use then that is one of the few places we bite the bullet and deal with their rules but otherwise we completely create our own economy and co-op…a nationwide commune…With the money we save we can use their money to buy back land and manufacturing companies…resources…
As far as law enforcement we create our own version of a virtual stockade that simply shuns anyone who violates a patriots trust…public humiliation or a virtual trial on the internet…punishment consists of restitution to the patriot community or banishment…However I don’t think crime would be an issue…it would sort of be like the Amish…
In actuality we only need certain things…And we should start manufacturing guns and ammunition that we only sell and trade to each other…
Mainly we need food sources, water, power sources and labor…
I think this would actually be possible…
rather than get angry and turn to violence…we ignore them to death…shun anyone who is too stupid to understand why we call ourselves patriots…a sort of club that requires an understanding of our forefathers…a belief in the system they gave us…even if we ignore their counterfeit version of it…we can still believe in the principles and apply it to one another…bring back deals with handshakes and locals looking out for one another…
for that matter this would also serve as a supply line if we do have a revolution…but hopefully be a way to rebell without violence…
afterall…most of the idiots aren’t worth saving…let them be slaves. We don’t have to be…
Maybe Alex can help with his servers and resources who already advertize on his site…
It’s like creating our own country…militia…within the country…and this way we protect each other and especially Alex who won’t have to be at the tip of the spear once we are all in this together as equal partners in a system designed to achieve fairness…to provide necessities and not profit…to protect each other from predators…
Those interested in riches can still play their game on the side but if our basic needs are met then THEY will lose power over our lives…and then this idea can spread to other countries…technology can make this possible…
I will be willing to work on the website and be a monitor to help coordinate needs…I’ll pledge 60 hours a week of my time…Pick your strength…all time is of equal value…products will have to be worked out according to the cost of resources we get either from our own resources or from THEIRS…cooperation and dedication to fairness in meeting all our basic needs is the commodity…work, services and products are the commodity with our own currency to help facilitate the trading…
November 14th, 2008 at 12:55 am
Perfect example of how to fix world poverty once and for all. It worked in the historical biblical account and it’ll work today. Everyone within a group, city, whatever; willing to help eachother should take everything they have, sell it, distribute the money evenly, thus all needs are met. It wont happen of course because of greed, fear, and the unwillingness to help our fellow man is gone, but hey, what a great idea, huh?
November 14th, 2008 at 1:23 am
I’m not a christian.I belong to a whole completely different philosaphy.But out of respect for all christian people,the guy Ken posted a very derogatory comment about Jesus.I personally thinks he needs his fuking head chopped off.
November 14th, 2008 at 2:35 am
#32 Come try it. I dont think your live body would get past my doorstep.
Why would you have respect for people who pretend to drink the blood and eat the flesh of an idiot? Do you respect cannibals? I dont. I also dont respect magical sky dictators, just as I dont respect Earthly dictators. A dictator is a dictator. Keep your dictators away from me. PERIOD, no exceptions.
Simple facts are true, no matter if someone is insulted by the facts. Jesus really is a devil who grants redemption for the atrocities committed by his followers. That is what they tell me he died for.
In the Christian/Jew Bible, God killed over 2,000,000 humans while Satan killed 2 humans. I know who the good guy is by simple addition, not blind faith using barbaric rituals and superstitions to create fear in humans.
Stupid is as stupid does.
November 14th, 2008 at 3:52 am
Jesus was the greatest in a line of Semite prophets – state religion got him killed for representing the truth. The Elite, going for their World Government -with capital in Jerusalem -actually worship Lucifer as the’ holder of the light’ and lord of the chaos they are now creating.
They are shifting the balance of power to revolve around Europe ( and China Japan ) with the Euro as the world default. That’s what this is about. Expect a proposal for a New Financial Order or the Global Monetary Authority that Kissinger’s disciple – Jeffrey Garten – has come up with. Am guessing that will be regional blocks with a dominant nation in each block dictating financial moves and control.
Ultimately they want everyone to be on the EEC’s self programming computer, probably with the IMF and European Bank merged and acting as a world central bank – inventing money like the rest. The Euro will be the default, though regional currencies like the Amero are likely. Huge banks and corporate capitalism will dominate.
So America has to be crushed – financially and in spirit – if they can – to facilitate the switch to Euro. They’re manufacturing a depression, much as in 1929. They are doodling while keeping the cash out of the system. Buying shares with your tax money means simply that the cash is sucked out of the system while the banks just lend big/long or buy up others. Paulson still has ‘power of God’ in this – whichever banks he favours.
In 1932 they reshaped the favoured banks too. Same Depression process -hype the market -contract/collapse it- lack of confidence – find ways of keeping the money out of the system – then gradually there is structural damage as many things fall over ( with the high unemployment and loss of spending power). At a certain point the slide can’t really be stopped by cash, so they’ll hyper-inflate then. And buy up the US with foreign money what wasn’t already bought by offshore dollars ( what’s happening now ).
Then they’ll have a world summit and implement a new world/Euro plan.
They will try to bring America close to civil war ( while the depression spreads world wide ). Suggest getting out to the country and being self sufficient as possible – grow vegies. Live in armed groups ? Or solo/family. Pensions will be de-valued.
( GM and Ford, and more, will get bought up by China and Japan, I’m guessing. )
The real America is being destroyed by the foreigner in your midst. Hold fast. All the best from New Zealand.
November 14th, 2008 at 4:57 am
Please people, do we have to descend into religious issues on every bloody article. I’d like to think that all these alternative news sites primary function is to pull people away from mainstream media propaganda. However if the first thing a person who has never been to one of these sites before sees is a stream of bizarre/slightly threatening religious rants – THEY WILL NEVER COME BACK AGAIN!
November 14th, 2008 at 5:35 am
don’t you know the bailout money isn’t going to banks? there gonna fix everything else cause the banks don’t really want the governments help.
this crisis was manufactured but not for any religious reasons unless you think money is someones god. this is all about redistribution of wealth. the gap between the haves and have nots is now greater than the grandest canyons in the universe.
economic slavery now holds 98% of the planet in a lifelong scramble to simply survive. There are billions of people who will never know what its like to live. In America we have television shows that show us what its like to survive as a form of entertainment to us. In reality large portions of the world live in similar conditions and we are oblivious to it.
For the last 100 years the United States has lived the good life and we have had the audacity to throw it in the face of every other nation on earth as we take what we want when we want it. The whole world sees us as the enemy. Some of them sleep with us and some of them don’t but they all want we have.
be warned. the shift in global dominance is on and the US is not going to survive as is. The change that’s coming won’t be from our President. It’s going to be crammed up our ass by every other nation.
November 14th, 2008 at 9:09 am
Money and credit ARE most people’s god. Get back to the God of Abraham, Issac, and Jacob before its to late! money won’t save your souls people, ya can’t take it with ya.
November 14th, 2008 at 9:59 am
You are obviously not here to inspire peace and solutions, but thanks for your angry bitter useless opinions.
November 14th, 2008 at 10:22 pm
KEN YOU ARE THE BIGGEST ASSHOLE ON THIS
EARTH,
I’LL MEET YOU AT YOUR DOORSTEP ANYTIME
YOU SON OF A MOTHERLESS GOAT
November 15th, 2008 at 7:40 am
Thanks for this informations I dont remember to have it last days, here (EU)… but maybe I did not look for too…
I think you should be carefull with what is able to do… Unfortunetally, he is going to do the same things your politics have already done and tried … I hope not but I do not see other issues… :/
November 16th, 2008 at 3:27 am
Do you want to know the truth? The Whole truth and nothing but the truth so help you God? With the New World Order on the rise as we now see. With all the natural disasters we see all over the world. With Planet X moving closer to the Earth everyday. What can we expect to happen? If you are seeking the truth diligently everyday, like most of us here are, than I would like to recommend a book that explores all this and then some. It has opened my eyes and I am radically changing my life because of it. The book is called “Know The Future”. It’s written by Tim McHyde. the website is called http://www.escapeallthesethings.com. I’m not trying to plug this guy, but it is by far the best thing that has ever happened to me by reading this book, next to finding this website of course!!!!!
November 16th, 2008 at 5:35 am
It all has been planned. The North American Future 2025 project put together by all the same neo cons,CFR members working with “The Path to 2050″, a Glodman Sache study done in Oct. of 2003. Behind congress’s back but with their knowledge this has been going forward. It is part and parcel of the SPP,NAFTA,WTO and the NAU, working toward a global union, a world government. There are whole courses taught at U.S. universities on the subject with training programs durning the spring and summer quarters. American University and Arizonia State are two institutions that are basically getting these ideas in front of students to legitimize the integration process and the ultimate surrender of U.S. sovereignty. Robert Pastor has been termed the father of the NAU for his part. He has stated that it may take a catastrophic incidence like a 911 or a crash of the economy to be able to push these changes through by stealth….is this what is happening?
February 3rd, 2009 at 11:32 pm
HEY KEN,
I will be at your door also to sell cookies not goat!
February 3rd, 2009 at 11:35 pm
What does MOTHERLESS GOAT MEAN?
I never heard of such JAY LENO TALK, HOWEVER I DID STAY AT A HOLIDAY INN!