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Two-Faced Geithner Assures CFR Puppet Masters He’s “Open” To Global Currency
Treasury Secretary a traitor, tells American people one thing, CFR elitists another, as move towards global monetary union accelerates
Paul Joseph Watson
Prison Planet.com
Thursday, March 26, 2009
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.
(ARTICLE CONTINUES BELOW)
“I haven’t read the governor’s proposal. He’s a very thoughtful, very careful distinguished central banker. I generally find him sensible on every issue,” said Geithner, before adding, “We’re actually quite open to that suggestion – you should see it as rather evolutionary rather building on the current architecture rather than moving us to global monetary union.”
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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42 Responses to “Two-Faced Geithner Assures CFR Puppet Masters He’s “Open” To Global Currency”
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March 26th, 2009 at 5:25 am
The only solution is a revolution…
ConcernedHuman Reply:
March 26th, 2009 at 9:11 am
The diabolic, sinister ambitions and actions of the “Illuminati” disguised currently under the NWO is hurting everyone. The muslims want USA to return back to the Constitution. To better understand the confusion & corruption humanity is going through, it will be beneficial to read the Quran. Read it for yourself and make up your own mind. Dont be manipulated.
AllahsQuran.com (read & listen to the Quran)
WhatsIslam.com (basics of Islam in audio introduction)
ShareIslam.com (learn about Islam)
ProphetOfIslam.com (who was MUHAMMED? peace be upon him)
911Bible.com (who was JESUS? peace be upon him)
IslamCode.com (who was JESUS? peace be upon him)
BibleIslam.com/bible_contradictions.php (learn how you have been fooled)
IslamsWomen.com (70% of new muslims in the west are women, why?)
God also reveals many scientific facts in the Quran to prove over and over to its authenticity.
Some of the revelations are:
-Big-Bang
-Creation & Evolution of Life from Water
-Expanding Universe
-Atomic Structure
-Geological Formations
-Black Holes
-Astronomical Systems
-Black Matter
QuranMiracles.com (learn about the scientific revelations in Quran)
ScienceIslam.com (learn about the scientific revelations in Quran)
Remember; the oldest original written Quran, dated about 1400 years old, is at Istanbul Museum, Turkey, with many copies of it in the world including one in the British Museum. There are also upto 30 million people in the world who have memorized it whole, cover to cover, word by word by, letter by letter by heart. So it is easy to cross-check anything about Islam.
ChatIslam.com (join free online classes and ask about Islam)
Peace, mercy & blessings of God be upon you all.
What the F! Reply:
March 26th, 2009 at 9:32 am
I was really hoping you had taken your own life recently but I see by your posting that you are still wasting good oxygen. Is that you Reconmarine? Have you changed gears and found a wacky religion to follow? Muhammed was a demon possessed child molester, in case you didn’t know. Please put US out of YOUR misery.
Tired Of B.S. Reply:
March 26th, 2009 at 11:34 am
EXACTLY WHAT THE HELL IS THAT GUY TALKING ABOUT? WHAT DOES THE QURAN HAVE TO DO WITH ALL OF THIS? WHATEVER!!
ConcernedHuman Reply:
March 26th, 2009 at 2:07 pm
@”What the F!” : Pls dont fall for the lies of others, and pls dont lie yourself.
@”Tired Of B.S.” : With all the tyranny from NWO, Psy-Ops, GeneticAlterations, False-Flag Ops, Civil Rights Violations and Global War, humanity is in distress and suffering. We all agree with this because we are all suffering from this.
The reason why I am recommending for people to read the Quran and research Islam is because it mentions all this, directly and indirectly, and gives remedies against these problems.
Knowledge shines through all this confusion. Empower your self with knowledge and seek the truth.
Peace.
Tom Reply:
March 30th, 2009 at 5:02 pm
What has Islam ever provided the world with besides violence? They say idleness is the devils’s workshop. I believe it. You live in a world of sand with nothing to do. You have to cover yourselves from head to toe because you can’t even be trusted with your own bodies. You have 33 “points” to your religion (as opposed to 10 Commandments), and 31 of those call for murdering the Jews of Israel. You have camels, we have beautifuol women. Lucifer invented Islam. I know because it read it in “The Lost-In-The-Desert Masturbaters Guide to the Universe”.
Tom Reply:
March 30th, 2009 at 7:16 pm
I agree 100%. We should have been on it yesterday…
March 26th, 2009 at 5:50 am
Geithner is the latest traitor figurehead to run his part of the show. These criminals are no longer even hiding their intentions. End the Fed!
GWBUSHPIG Reply:
March 26th, 2009 at 10:43 am
Thats right get rid of the Fed. and start printing your own currency.
Tom Reply:
March 30th, 2009 at 6:17 pm
Precisely!!! The Fed is a private bank that is accountable to nobody!! They tell the U.S. Gov’t what to do, not the other way around. They print moeny for nothing, lend it to the U.S. government at face value plus interest, and through inflation and deflation, they control everything. They’ve been doing that for so long now that they OWN everything. It’s the ultimate scam. It’s always their rules and laws, and nobody can understand them precisely because they are phoney-baloney!! Every single thing that Greenspan or Bernanks ever “said” or “did” is a phony lie because we don’t have to pay the Fed any taxes. We don’t have to spend their currency. Those greenbacks that Lincoln created were the only non-treasonous money ever spent in America. That’s why the bailouts exist, because we are catching on and they need tons of money before we wise up.
March 26th, 2009 at 6:15 am
One simply has to look at their faces and expressions to see how blatantly obvios about their agenda. Yet most sheople still dont take time to look and listen, so they remain sandy eyed. So I recommend we all just start smackin the sand from the eyes of our fellow AMERICANS, which we used to be refered to as, rather than just lowly tax payers. Count how many time per day you hear the word tax payer, rather than, in pertaining context, AMERICAN.
god bless fellow AMERICANS
March 26th, 2009 at 6:18 am
OF course he’s open to a global currency, why else would he hide 2 trillion in American dollars, so he can get 2 billion in Amero and still be the wealthiest kid on the block…
I trust my government as a whole, as far as a handicapped 40 pound midget with leprosy could toss the whole lot with one hand tied behind his back…
How could he not be open to a Global Currency? I mean, he’s destroyed the American dollar, how could he be opposed to a Global Currency?
March 26th, 2009 at 6:19 am
and oh yeah, by the way, thinking that WORLD GLOBAL CURRENCY means another TAX, called WORLD or PLANET TAX or GREEN TAX orATMOSPHERE TAX or INTERPLANETARY TAX or MILKY WAY TAX or …or…
Oh no! Reply:
March 27th, 2009 at 3:28 am
Please don’t tell me my Elcamino is causing Milky Way warming too.
March 26th, 2009 at 6:20 am
that photo obove is soooo telling, he just wreaks of dirty rotten scoundrel
March 26th, 2009 at 6:55 am
Did you really believe him in the first place? Our government resembles so many in the past before they turned in dictatorships/tyrannies. “Those who forget history are doomed to repeat it.” Citizens need to organize. Put pressure on your elected officials, and do not get distracted like with the AIG bonuses. Our government allowed all of it. Make our elected officials pay for their mistakes rather than going after private business!!! Stay on the one who really has the power of law.
March 26th, 2009 at 7:36 am
Grab the pitch forks and storm his castle…..
March 26th, 2009 at 7:40 am
If we think about how the colonies in this country became states and into a country, I think we will realize that this is just another evolution of us all becoming one with each other. I’m sure it’s about time that us people on this earth start working as one and stop saying that if we start making plans to join each other that we the Americans will not be number one anymore. This could be the best thing that humanity will ever do in our or any lifetime; come together as one. I do however believe that the way the top people in the government are going about this, behind our backs instead of letting us know the plan in detail is wrong and will do nothing but lead us to believe that they are decieving us; which is great to know that we have people like us talking about it and ready to do something if need be. I don’t want to ever see us not question our government, but I do think that there could be a bigger picture in all of this; love your neighbor. So in result, what’s next because I’m still watching them up there, trust me.
March 26th, 2009 at 8:03 am
…& then the 2-faced hypocrite recanted his “openness”…
Geithner retracted his statement and said, “I think the dollar remains the world’s dominant reserve currency:
http://www.washingtontimes.com.....d-markets/
March 26th, 2009 at 8:08 am
Geithner soon recanted again… he’s a flip-flopper:
http://www.washingtontimes.com.....d-markets/
March 26th, 2009 at 9:06 am
http://www.imf.org/external/np/exr/facts/sdr.HTM
March 26th, 2009 at 9:07 am
http://www.imf.org/external/np.....001108.htm
March 26th, 2009 at 9:23 am
Robert Mundell before the IMF on discussing how to get to a world currency:
“But whatever you have to do in the world economy, you have to have a common anchor. There has got to be an anchor for policy, and there are three types of anchor that you could use in the world economy. One would be gold, again. Nobody is interested in that too much. Gold would be an anchor that would be good and would be effective provided you set up an institution for making sure that gold was stable in terms of commodities. You have to have a stabilization authority in order to make gold stable, but gold would be useful if that occurred.
A second possibility would be to have a virtual kind of common currency, an indexed SDR–take the SDR, a basket of four currencies now, that are inflating, index it for inflation, and make that the world unit of account. It would be stable, and it would be in a way effective.
The third possibility is to have a big power, or two or three of the big currency areas in the world, getting together and forming a common monetary policy and using that as the anchor for the world currency. That is the one that I am the most interested in right now, because I think the others aren’t going to get anywhere at the present time. I think that if we took the G-3 area–the euro area, the dollar area, and the yen area–and fixed exchange rates among these areas, it would work very well.”
March 26th, 2009 at 9:35 am
Note:
The quote for Robert Mundell was made in 2000. Google his current thoughts
March 26th, 2009 at 9:36 am
GENTLEMEN,
THIS IS CALLED THE GLOBAL BABYLYON EFFECT. ATTEMPTING TO CONSOLIDATE ALL THE WORLD’S DIVERSE CULTURES ALONG WITH INTERLOCKING FINANCIAL REGULATION AND COMPLETE CONTROL OF THE SHEEPLE THROUGH DICATATING EVERY ASPECT OF HUMAN BEHAVIOR. AN ABSOLUTE PRE-MEDITATED ATTEMPT TO DESTROY HUMANITY TO SOLVE THE MYTH OF OVER POPULATION. THESE ORDERS ARE DEVELOPED BY THE BILDERBERG GROUP AND CARRIED OUT BY A NUMBER OF PUPPET APPOINTEES. COMRAD OBAMA, A WOODEN HEADED, CORRUPT, MICRO-CHIPPED BRAIN, AUTO PUPPET STRING CONTROLED MANCHURAIN CANDIDATE.
March 26th, 2009 at 9:40 am
good thing my wife convinced me to buy a little silver
March 26th, 2009 at 10:00 am
The truth slips out of Geithner.
March 26th, 2009 at 10:36 am
Hmmm? Didn’t the President just yesterday in his news conference say that a global currency was not necessary when asked about the proposal from China. Yes, I heard that. I guess we’re getting mixed signals at this time from the White House. (That may change as time goes on.)
March 26th, 2009 at 10:40 am
just goes to show that he says whatever the audience wants to hear. He has no morals or conscience at all. Just like the rest of the anti american traitors.
March 26th, 2009 at 11:28 am
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March 26th, 2009 at 12:35 pm
The “globalists” have ruined America, these coporate elite have forsaken the American people and the American Constitution for the sake of cheap slave and child labor from a Communist country.
The “enablers” of all this is the US Congress, both parties, for the last 20 years. The way to get rid of the special interests and influence of the “global elite” is simple: no more than 8 years served in Congress as either a Senator or Representative. Get them out of office before they learn how to steal. The President can only serve 8 years, now the same for Congress. The end effect would be a much more fluid legislature with more “common” people elected. People more concerned about the future of our country than the short term profits and a lifetime career as a “Congressperson” The effects of the “puppiteers” (lobbyists, corporate CEO’s,etc.) would be drastically diminished.
Of course the snag is getting the current lawmakers to give up their profitable criminal enterprise as a “Congressperson” and agree to the new limits. And the “gobal elite” will fight tooth and nail to prevent that from happening.
The Constitution and the liberty it guarantees all Americans is ours. It it not the sole possession of a few.
March 26th, 2009 at 12:42 pm
geithner is cursed to be a hypocrite.
March 26th, 2009 at 1:01 pm
It the information is so available but people have no idea.
March 26th, 2009 at 3:24 pm
no thanks Geithner we already have a global currency, its called gold and silver, you can go anywhere and buy just about anything with it, no printing required
March 26th, 2009 at 4:20 pm
take your Euro Dollar and One world currency and your Hussan Obama and stick it where the sun doesn’t shine
March 26th, 2009 at 7:00 pm
I am in Australia and at one point while trying to access prison planet i got this message as well. I clicked on the “root” cache administrator link and new tabs kept opening in my browser one after the other. Mmmmmmm….. Big Bro IS watching
March 26th, 2009 at 10:20 pm
Peter Schiff calls Ben Bernanke Chairman a tool!
http://www.youtube.com/watch?v=neNrW-XHmPs
March 26th, 2009 at 10:22 pm
Peter Schiff calls Ben Bernanke Chairman a TOOL on live TV!
http://www.youtube.com/watch?v=neNrW-XHmPs
March 27th, 2009 at 2:54 am
I think I will check myself into one of those FEMA camps! I am worried that I may be an anti-semite and may need re-education. I keep seeing Jews on CNN and in the news pulling the levers of control! Everyone knows that the NWO is a “Germanic death cult”
My lying eyes!!!
March 27th, 2009 at 3:35 am
If they are telling us about it, its already planned and set, just like the EU which had been around for 50 years before anyone knew about it. myomega3.info
March 27th, 2009 at 6:14 am
kudos pj Watson .what truth is all about
March 30th, 2009 at 7:23 pm
The NWO must be laughing it’s ass off. The Fed is a scam. The new currencies are a scam. They just gave themselves and their buddies untold trillions. They’re destroying economiesand soveriegn nations. They pass laws that keep us from taking them to court. They take away all laws that protect us. We, on the other hand, are losing our jobs, fighting amongst ourselves, doing nothing while the taser us and steal us blind. Inaction is costing us our lives….