jrance@iacwds.com 716 Posted March 29, 2009 Report Share Posted March 29, 2009 A world currency moves nearer after Tim Geithner's slip. US Treasury Secretary Tim Geithner confessed on Wednesday that he had not read the plans by China's central bank governor for a "super-sovereign reserve currency" run by the International Monetary Fund, but nevertheless let slip that Washington was "open" to the idea. Whoops. An unguarded comment by Treasury Secretary Timothy F. Geithner on Wednesday set off a sudden drop in the dollar and contributed to a chain of market-rocking events that included a setback in the stock market and a sharp uptick in interest rates. Mr. Geithner appeared to lend his support to a proposal by China's central bank governor to replace the dollar as the world's reserve currency with a basket of currencies that would be managed by the International Monetary Fund. In an appearance before the Council on Foreign Relations in New York on Wednesday morning, Mr. Geithner raised eyebrows by saying that "we're actually quite open to that," only a day after both he and President Obama had vehemently rejected the idea and affirmed their strong support for the U.S. currency. Quote Link to post Share on other sites
DrWho 10 Posted March 29, 2009 Report Share Posted March 29, 2009 o noes, teh put teh 666 on teh cheezeburger Quote Link to post Share on other sites
Bounce12 407 Posted March 29, 2009 Report Share Posted March 29, 2009 A world currency moves nearer after Tim Geithner's slip. US Treasury Secretary Tim Geithner confessed on Wednesday that he had not read the plans by China's central bank governor for a "super-sovereign reserve currency" run by the International Monetary Fund, but nevertheless let slip that Washington was "open" to the idea. Whoops. An unguarded comment by Treasury Secretary Timothy F. Geithner on Wednesday set off a sudden drop in the dollar and contributed to a chain of market-rocking events that included a setback in the stock market and a sharp uptick in interest rates. Mr. Geithner appeared to lend his support to a proposal by China's central bank governor to replace the dollar as the world's reserve currency with a basket of currencies that would be managed by the International Monetary Fund. In an appearance before the Council on Foreign Relations in New York on Wednesday morning, Mr. Geithner raised eyebrows by saying that "we're actually quite open to that," only a day after both he and President Obama had vehemently rejected the idea and affirmed their strong support for the U.S. currency. If we don't remove and replace the entire House and 1/3 of the Senate in 2010, this country will NEVER be the same again. Fuck 'em all. Quote Link to post Share on other sites
yakdung 2,926 Posted March 29, 2009 Report Share Posted March 29, 2009 A Patriot amongst us: http://bachmann.house.gov/News/DocumentSin...cumentID=116036 Yakdung Quote Link to post Share on other sites
sicktooth 8 Posted March 29, 2009 Report Share Posted March 29, 2009 YAY! I cant wait to die... Quote Link to post Share on other sites
Bounce12 407 Posted March 29, 2009 Report Share Posted March 29, 2009 (edited) A Patriot amongst us: http://bachmann.house.gov/News/DocumentSin...cumentID=116036 Yakdung That's a good start, but I can think of at least 50 more bills that could be sponsored too! Of course, none of them will go anywhere until we replace some names on the Congressional roster. I'm feeling pretty cynical today. Edited March 29, 2009 by Bounce12 Quote Link to post Share on other sites
kingjoey 5 Posted March 30, 2009 Report Share Posted March 30, 2009 A global currency solves nothing. The debts still have to be paid, doesn't matter if they are paid in dollars or whatever currency Obama and his socialist fuckstick cronies want to use. A global currency does put us closer to being controlled by an outside entity like the UN though. Will someone please fire the next "shot heard around the world" so we can turn worthless communist politicians into useful fertilizer? Hell, Al Gore would be a good start since he is almost pure bullshit, he'd bring bountiful crops which would reduce carbon dioxide in the atmosphere and reduce this whole 'global warming' thing that Moonbat Al has been burning billions of tax dollars talking about Quote Link to post Share on other sites
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