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tangent4ronpaul
03-26-2011, 08:49 PM
http://www.foxnews.com/opinion/2011/03/23/media-ignoring-plans-george-soros-remake-entire-global-economy/

Two years ago, George Soros said he wanted to reorganize the entire global economic system. In two short weeks, he is going to start – and no one seems to have noticed.

On April 8, a group he’s funded with $50 million is holding a major economic conference and Soros’s goal for such an event is to “establish new international rules” and “reform the currency system.” It’s all according to a plan laid out in a Nov. 4, 2009, Soros op-ed calling for “a grand bargain that rearranges the entire financial order.”

The event is bringing together “more than 200 academic, business and government policy thought leaders” to repeat the famed 1944 Bretton Woods gathering that helped create the World Bank and International Monetary Fund. Soros wants a new “multilateral system,” or an economic system where America isn’t so dominant.

More than two-thirds of the slated speakers have direct ties to Soros. The billionaire who thinks “the main enemy of the open society, I believe, is no longer the communist but the capitalist threat” is taking no chances.

Thus far, this global gathering has generated less publicity than a spelling bee. And that’s with at least four journalists on the speakers list, including a managing editor for the Financial Times and editors for both Reuters and The Times. Given Soros’s warnings of what might happen without an agreement, this should be a big deal. But it’s not.

What is a big deal is that Soros is doing exactly what he wanted to do. His 2009 commentary pushed for “a new Bretton Woods conference, like the one that established the post-WWII international financial architecture.” And he had already set the wheels in motion.

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sevin
03-26-2011, 08:54 PM
Because most in the MSM like the idea, but they know most of the public wouldn't like it.

acptulsa
03-26-2011, 08:56 PM
Because Rupert doesn't really want to cause a massive selloff of bonds.

TheBlackPeterSchiff
03-26-2011, 09:51 PM
Guys this is a good thing. Soros (although a socialist) wants to dump the dollar as the world reserve currency. Although in the short term this will be damaging for the U.S. economy, this will be a chance to take the country in the right direction. The only thing keeping us afloat right now is the fact that we are the reserve currency. I know Soros' motives are opposite of our own, but the means are the same. This will only make people gravitate towards RP's message because him and Austrian economists have been saying this for years! Go Soros!!

Distinguished Gentleman
03-26-2011, 10:06 PM
I agree with the BlackPeterSchiff, though I can't help but be anxious.

The move away from the Dollar reserve currency, if successful, will indirectly cause a need for restraint, inflation, or higher taxes as international buyers will have less incentive to hold American debt. It might also cause our economy to deteriorate, hence the anxiety.
http://en.wikipedia.org/wiki/Reserve_currency
Explains it better than I can ^^

Travlyr
03-27-2011, 07:31 AM
This is what Dr. Vieira forecasts in his paper "A Cross of Gold."


This is not merely my own poor opinion, but the considered view of no less than the United Nations Economic and Social Council. In July of this year it published a report entitled United Nations World Economic and Social Council Survey 2010, which stated that “[t]he risk of exchange-rate instability and a hard landing of the dollar could be reduced by having a global payments and reserve system which is less dependent on one single national currency”, and that “[a] new global reserve system could be created, one that no longer relies on the United States dollar as the single major reserve currency”.

History tells us that this attempt for another world lender of last resort by Soros and crew, if successful, may last 20 - 40 years at best. The National Banking Acts of 1864 lasted 43 years to 1907. The Federal Reserve Act of 1913 failed after only 20 years with the confiscation of gold in 1933. Bretton Woods Agreement and the IMF in 1945 used FRN's as the world's reserve currency and broke all ties to gold in 1971. And here we are 40 years later with the globalists wanting to maintain their control by establishing another world currency scam. What will they think of next? Why should we let them? Who wants to put up with 40 more years of bullshit?

The elite money schemes keep the uber-rich wallowing in wealth while more and more families are struggling each day to keep their children warm and properly fed. Their fiat money fractional reserve scams fund perpetual wars so that favored military contractors earn handsome profits by destroying infrastructure and unimportant people. This nonsense allows the elite cartel to design elaborate health care facilities to be so expensive that they confiscate what is left of the people's wealth while on their deathbeds. Gotta squeeze every last cent from the good honest people as they die. It's all about control... and much of the problems of the world could be rectified if only... if only we could deal with each other honestly.

Dr. Vieira points out that Plan 3 will return America to a system of honest sound money. Honest money will produce opportunity, peace, and freedom for the people and starve the ruling classes elaborate global confiscation of wealth.

More from "A Cross of Gold"

A Federal Reserve Note is not a “dollar”, but is a mere promise to pay a “dollar”, which has been utterly dishonored by both the banks and the Treasury since 1933 (as to gold domestically) and 1971 (as to gold internationally), even unto this very day. And Sound, honest, and constitutional “Money” has NO “backing” consisting of or based on something else. It needs no “backing”, because it has SUBSTANCE in and of itself. It is ACTUAL GOLD, not a mere promise to deliver gold. Sound, honest, and constitutional “Money” cannot be repudiated, because it does not need to and cannot be “redeemed”. It is the ABSENCE of “redeemability”—the LACK OF NECESSITY OR DESIRABILITY for “redeemability”—that constitutes the essence and provides the strength of sound, honest, and constitutional “Money”.

acptulsa
03-27-2011, 07:35 AM
And Cash4Gold is determined to send all our gold to them so we'll have one less alternative to buying into their scheme.

MN Patriot
03-27-2011, 08:01 AM
If you peeled the skin off of George Soros, you would expose a scaly hissing demon.

But I do have to admit that ending the US dollar as the world reserve currency might be good for us. Just learned about the Triffin dilemma (http://en.wikipedia.org/wiki/Triffin_dilemma). Quote: The Triffin dilemma is the "observation that when a national currency also serves as an international reserve currency (as the US dollar does today), there are fundamental conflicts of interest between short-term domestic and long-term international economic objectives. This dilemma was first identified by Belgian-American economist Robert Triffin in the 1960s, who pointed out that the country issuing the global reserve currency must be willing to run large trade deficits in order to supply the world with enough of its currency to fulfill world demand for foreign exchange reserves.
The use of a national currency as global reserve currency leads to a tension between national monetary policy and global monetary policy. This is reflected in fundamental imbalances in the balance of payments, specifically the current account: some goals require an overall flow of dollars out of the United States, while others require an overall flow of dollars in to the United States. Currency inflows and outflows of equal magnitudes cannot both happen at once.
The Triffin dilemma is usually used to articulate the problems with the US dollar's role as the reserve currency under the Bretton Woods system, or more generally of using any national currency as an international reserve currency."

This is kind of an "aha!" moment for me. It explains why the US has had such large trade deficits for so many years. So how does this affect economic liberty for Americans?

acptulsa
03-27-2011, 08:05 AM
This is kind of an "aha!" moment for me. It explains why the US has had such large trade deficits for so many years. So how does this affect economic liberty for Americans?

You mean besides destroying manufacturing jobs?

MN Patriot
03-27-2011, 08:25 AM
You mean besides destroying manufacturing jobs?

Yes. I know that high taxes and regulations contribute towards American job destruction. Never realized that using the dollar as the world reserve currency also destroyed jobs.

romacox
03-27-2011, 08:38 AM
Soros is not acting without the help of the Federal Reserve, IMF and WTO. They will replace the U.S. dollar with a world currency partially backed by gold. But it will become pure fiat money as did the U.S. dollar under the Federal Reserve.