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(The Raw Story)   U.N. wants a one world currency. Says dollar is too unstable   (rawstory.com ) divider line 529
    More: Scary, world currency, level playing field, berg News, Federal Reserve chairman, exchange rates, Ben Bernanke, International Monetary Fund, financial systems  
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17911 clicks; posted to Main » on 08 Sep 2009 at 7:05 PM (6 years ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



529 Comments   (+0 »)
   

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2009-09-08 04:34:57 PM  
well, thats that then.


img3.imageshack.us
*push*
 
2009-09-08 04:42:13 PM  
This is probably going to be Bush's lasting legacy -- his mismanagement and poor stewardship caused the fall of the dollar.
 
2009-09-08 04:45:09 PM  
i149.photobucket.com
For your consideration.
 
2009-09-08 04:46:55 PM  
Duh. Thats why Obama was elected.
 
2009-09-08 04:56:48 PM  
So, back to gold then is it.
 
2009-09-08 05:10:59 PM  
I don't have a problem with this. When you watch Star Trek and they go to other planets, there aren't a bunch of different races, governments and currencies.*

We should be one people, one government, one currency.

One love, people!

*except for the half whiteface half blackface people on the original Star Trek
 
2009-09-08 05:16:55 PM  

SoothinglyDeranged: So, back to gold then is it.


onthescene.msnbc.com
 
2009-09-08 05:29:22 PM  
The Gold Standard killed Ed McMahon.
 
2009-09-08 05:44:32 PM  

SoothinglyDeranged: So, back to gold then is it.


yay!

The United Nations Conference on Trade and Development said in a report published Monday that the U.S. dollar should be replaced as the world's standard reserve currency, giving rise to a new global currency managed by an as-yet undetermined financial regulatory organization

If they do this, we're f*cked. it would be great depression 2.0 territory.
 
2009-09-08 05:48:52 PM  
I think Obama is for this. The dollar is too unstable, but putting the world's money into the hands of a single, central financial regulatory organization is primed for corruption.
 
2009-09-08 06:01:45 PM  
jonasborg: I think Obama is for this.

Citation, please.
 
2009-09-08 06:02:48 PM  
What would our new currency be called? The Eartho? Would the World Bank be in charge? They have always been the one financial institution we can all trust. It might be a little hard at first, as our ridiculous debts would come due and America wouldn't be worth shiat, but eventually we would catch back up.

Besides, all those countries we helped in the wars and financially since then would jump to our aid and buoy us up because of the great things we've done in the past.

This is exciting!
 
2009-09-08 06:07:05 PM  

AdolfOliverPanties: Besides, all those countries we helped in the wars and financially since then would jump to our aid and buoy us up because of the great things we've done in the past.!


that better be sarcasm.
 
2009-09-08 06:11:17 PM  

Weaver95: AdolfOliverPanties: Besides, all those countries we helped in the wars and financially since then would jump to our aid and buoy us up because of the great things we've done in the past.!

that better be sarcasm.


You'd hope so, wouldn't you?
 
2009-09-08 06:17:13 PM  

AdolfOliverPanties: We should be one people, one government, one currency.

One love, people!


Are you one, Herbert?
 
2009-09-08 06:18:53 PM  
Are American twenties more stable than American dollars? Why don't we just use those instead?
 
2009-09-08 06:28:06 PM  

John Paul Jones: This is probably going to be Bush's lasting legacy -- his mismanagement and poor stewardship caused the fall of the dollar.


Keeping the dollar weak was a conscious policy of the Administration. A weak dollar means our goods and services are cheaper overseas and increases exports.

The dollar isn't any more unstable than any other world currency.
 
2009-09-08 06:48:46 PM  

DeltaXi65: John Paul Jones: This is probably going to be Bush's lasting legacy -- his mismanagement and poor stewardship caused the fall of the dollar.

Keeping the dollar weak was a conscious policy of the Administration. A weak dollar means our goods and services are cheaper overseas and increases exports.

The dollar isn't any more unstable than any other world currency.


The citizens of Zimbabwe would beg to differ.
ylwong.files.wordpress.com
 
2009-09-08 06:49:35 PM  
That ought to really push the Fudies over the edge.
 
2009-09-08 06:50:28 PM  

AdolfOliverPanties: DeltaXi65: John Paul Jones: This is probably going to be Bush's lasting legacy -- his mismanagement and poor stewardship caused the fall of the dollar.

Keeping the dollar weak was a conscious policy of the Administration. A weak dollar means our goods and services are cheaper overseas and increases exports.

The dollar isn't any more unstable than any other world currency.

The citizens of Zimbabwe would beg to differ.


worthless != unstable
 
2009-09-08 06:56:20 PM  

Diogenes: worthless != unstable


I think you mean US Dollar != Zimbabwe Dollar.

Also, eggs, basket, etc.
 
2009-09-08 07:01:51 PM  

AdolfOliverPanties: The citizens of Zimbabwe would beg to differ.


When Zimbabwe has the world's largest economy and second (although we were first until very recently) most competitive workforce, you can make the comparison.
 
2009-09-08 07:03:21 PM  
Is it kicking in chairs and knocking down tables?
 
2009-09-08 07:07:46 PM  
I have no information to support this, but I believe that the Japanese Yen is actually more stable than almost any other currency. Otherwise, how else could they possibly afford to keep all of their hot chicks clad in those pricey Catholic Schoolgirl uniforms?

決して大阪で売春婦を雇う
 
2009-09-08 07:07:58 PM  
Thanks, Obama. Maybe the birthers should look for a Zimbabwean birth certificate instead.
 
2009-09-08 07:08:34 PM  
Is the UN seriously trying to shakedown the US for a bigger Contribution?
 
2009-09-08 07:09:44 PM  
I KNEW IT... The UN is the Anti-Christ...
 
2009-09-08 07:10:17 PM  
Does anyone actually believe anything published by that website? Seriously. Poke around their site a little. It is a total mess full of conspiracy theories.
 
2009-09-08 07:10:48 PM  
Ahh...I love it when prophecy is fulfilled! Suck it, Atheists!
 
2009-09-08 07:10:52 PM  

Diogenes: That ought to really push the Fudies over the edge.


Nope we're good, saw it coming 2000 years in advance.
 
2009-09-08 07:11:11 PM  

AdolfOliverPanties: We should be one people, one government, one currency.


Ein volk, ein reich, ein geld?
 
2009-09-08 07:12:01 PM  
Let the Zombie ApocalypseTM Begin.
 
2009-09-08 07:12:10 PM  
For those that aren't aware, this (new window) is why the UN would be trying to extort more funding.
 
2009-09-08 07:12:55 PM  

John Paul Jones: This is probably going to be Bush's lasting legacy -- his mismanagement and poor stewardship caused the fall of the dollar.


The dollar was doing just fine until the housing collapse, which was caused by Democrats under the leadership of people like Hillary and Obama, who received campaign contributions from the primary culprits. Bush did some wrong things as president, but STOP BLAMING HIM FOR THINGS HE WASN'T RESPONSIBLE FOR.

Incidently, there are still very few currencies in the world safer than the dollar, even at this point. What's really motivating the change is people who hate the US and have been pushing for a basket currency for years and years. Oddly enough, Obama is now the first president to chair the UN security council...
 
2009-09-08 07:13:22 PM  
I farking hate it when the conspiracy nuts are proven correct. Even if their batting average is .0000010.
 
2009-09-08 07:13:24 PM  

Diogenes: That ought to really push the Fudies over the edge.fark the foodies and their refined palates

 
2009-09-08 07:13:37 PM  
Sweet, so instead of a currency collapse taking down one country, it takes down the whole world!
 
2009-09-08 07:14:05 PM  

Boritom: 決して大阪で売春婦を雇う


Never hire a prostitute in Osaka? Gotcha!
 
2009-09-08 07:14:07 PM  
So this same planet that can't globally implement something as simple as the metric system of measurement...
 
2009-09-08 07:14:09 PM  
How?

With all those other 3rd world country's money
Oh, I know... blame the USofA.
 
2009-09-08 07:14:11 PM  
The UN does stuff? I thought they just retreated and wrote strongly worded letters.
 
2009-09-08 07:14:13 PM  

Uchiha_Cycliste: Are American twenties more stable than American dollars? Why don't we just use those instead?


We have been, and that's is kinda the problem.
 
2009-09-08 07:14:13 PM  
moreaboutpolitics.info
 
2009-09-08 07:14:36 PM  
We can have one world currency as soon as they have a fleet of transformers and convert old submarines into space battleships.
 
2009-09-08 07:15:33 PM  

AdolfOliverPanties: I don't have a problem with this. When you watch Star Trek and they go to other planets, there aren't a bunch of different races, governments and currencies.*

We should be one people, one government, one currency.

One love, people!

*except for the half whiteface half blackface people on the original Star Trek


Funny how gold pressed latinum somehow thrives nonetheless.
 
2009-09-08 07:15:52 PM  
All of this globalization stuff is temporary. Even if all the countries of the world agreed to give up their multitude of currencies and surrender financial control to some centralized body, the whole thing would eventually fall apart and all the countries of the world would re-issue their own money. This simply represents a further erosion of national sovereignty, and it's hilarious to hear the Russians backing it. They'd never surrender their sovereignty to such a degree. And are the Chinese going to give up their yuan and surrender that aspect of their national policy to some group of bankers and unelected bureaucrats in Holland or New York? Pbbbbt.
 
2009-09-08 07:16:06 PM  

I Vote For Nader: The UN does stuff? I thought they just retreated and wrote strongly worded letters.


Nope they haven't done anything yet. This is just a strongly worded letter stating their intention to do something.
 
2009-09-08 07:16:18 PM  
See ya, suckers!

latimesblogs.latimes.com
 
2009-09-08 07:17:05 PM  
My favorite part is when the Russians pipe up and say they would support the Chinese Yuan. Really Russia? You think that the Chinese YUAN is more stable than the Dollar? I don't think so.

The UN wants something from the United States. That much is pretty clear. Now, whether it's more money or leverage on an issue, that part yet remains unclear.
 
2009-09-08 07:17:20 PM  

timujin: jonasborg: I think Obama is for this.

Citation, please.


Obama, in fact, has publicly and steadfastly backed the dollar.
 
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