Obama ‘President of the World’. The Coming World Government!

Doctor Admits Vaccine Is More Deadly Than Swine Flu Itself & Will Not Give It To His Kids

The Gold Standard: A New Magna Carta for Our Times.

• Gold is the ultimate extinguisher of sovereign debts. The world is coming around to this understanding again. You cannot pay off debts with more debts. This is what America has been doing. The reality is that foreign creditor nations will eventually say No More! The purchase of treasuries will end and the USD will collapse. America has been abusing its USD hegemony advantage. Instead of strengthening and building up the country, the hucksters in DC (District of Criminals) have started war after war and allowed banksters to steal from taxpayers. The end will not be pretty.
   
• Hugo Salinas Price explains:
    
  Let us think of President Obama in the place of the English King, and the Group of G-20 meeting in Pittsburgh, Pa. this week as Obama’s Barons. The present-day Barons – the Presidents of the G-20 countries – are restless. They are not happy with the conduct of affairs of their King, Obama.
   
  Unfortunately, they do not have the gumption to demand what they really need, which is a return to the gold standard. Perhaps they do not have the necessary gumption, because they do not know that they need the return of the gold standard.
   
  The economics profession has been so screwed up by banking interference in the free discussion of economic problems, that the very advisors of the King’s Barons have forgotten what got them all into this mess in the first place. So there is no one left to give good advice to the Barons.
   
  Take a look at the graph above. You can see that all the trade in the world proceeded in an orderly fashion, under Bretton Woods, established in 1944 as the basis for the post-World War II monetary system, up to 1971. Under Bretton Woods, gold, and in lieu of gold, dollars, were deemed to be the means of “Settlement” of trade imbalances. The system worked well, although the seed of its final destruction had been sown, in the form of “in lieu of gold, dollars”.
   
  That left open the door for the US to expand credit, import more than it sold abroad, and pay for the trade deficit it incurred in doing so, by means of tendering dollars. We can say that the US “leveraged” its gold holdings – an enormous 20,000 (more than that, but I have not the exact amount) tons of gold – by paying for its trade deficit in dollars and holding on to the gold.
   
  As the US tried to hold on to its gold and honor its commitment to deliver gold to Central Banks, at their request, at the rate of one ounce of gold for every $35 dollars tendered for redemption into gold, the world’s economy evolved pretty smoothly. US credit expansion was relatively modest, in view of the Bretton Woods commitment. Trade deficits and trade surpluses were held down by the need to settles debts and credits in gold, or in dollars which were taken to be “as good as gold”. There were no chronic and exaggerated “imbalances” in world trade, as they are called today – chronic trade deficits on the part of some countries like the US and now, the European Union; and chronic trade surpluses on the part of some exporting countries, like China and other Asian countries. Trade deficits had to be “settled” that is to say, paid for.
   
  So this is why we see a practically flat line representing International Reserves in the Central Banks of the world, up to 1971. However, some years before 1971, as seen in the graph, the US began to leverage its gold holdings quite excessively. It sent too many IOU’s (dollars) to the world as it expanded credit to pay for the Vietnam war and the Great Society of LBJ.
   
  In 1968, France objected to holding more and more of these IOU’s (dollars) and asked for its gold. Rumblings of devaluation of the US dollar in terms of gold began to circulate. France wanted settlement of US debt; and the only way to settle US debt was by – collecting gold for its dollars. Dollars were not settlement!The crisis exploded on August 15, 1971, when Nixon, quite unexpectedly, decided to renege on the Bretton Woods Treaty and refused to redeem dollars held by Central Banks for gold. The expected decision was a devaluation of the dollar – down to $70 dollars for an ounce of gold – but that was not what the world got. By refusing to devalue and just shutting down “the gold window”, the whole world was thrown into a world of exclusively fiat money.
   
  Since that fatal day, there has been no settlement at all of international debts. We are led to believe that payment in dollars constitutes settlement, but that is a total fallacy. There is no settlement except settlement in gold. The proof is that when Central Banks receive dollars, they exchange them for US Treasury Bonds and other American securities deemed credit worthy. (The Euro is now in on this game, also). The debt created by Trade Deficits is not extinguished in today’s world. It remains on the books of Central Banks as Reserves, in the form of Bonds, which are debt instruments.
   
  Please notice the contrast in the graph, between the period before 1971, and the period since then to our time. Reserves have exploded! Reserves have exploded because there was no need to “settle” trade imbalances. Since the world accepted Nixon’s decision not to settle with gold, but to accept dollars in supposed “payment” of Trade Deficits, a complete disorder set in. So-called “Reserves” are huge – $7.2 Trillion – and yet nothing goes right. All these “Reserves” are debts owed, principally by the US.
   
  Up to 2007, this was a wonderful period for the US: it was able to behave like an adolescent come into a vast fortune: dollars in huge quantities, manufactured at will by the US Fed and Treasury, were spent buying up everything under the Sun for the enjoyment of the US consumer. Unlimited credit expansion!
   
  This week the Barons are gathering in Pittsburgh with the King, and they are restless. The world is out of joint but it appears that scarcely anyone has a clue as to what to do, to put it right again. There is only one way back to an orderly world, a world in which Trade Deficits are actually settled, and settlement requires payment in gold. This elementary fact seems to be beyond the comprehension, as yet, of most of the Barons. However, the Chinese and Russian Barons are slowly getting there. The truth is dawning: gold must be used to settle debts, as nothing else will do it.
   
  The creation of a “new world currency” will not obtain settlement. It will only mean that debts incurred by Trade Deficits will be papered over with new debt instruments; whoever issues these new debt instruments, they will still be debt instruments, and a Trade Deficit debt cannot be settled with any debt instrument, however pompous its name. Only gold can settle such debt.
   
  Therefore, a new world currency, however ingenious its provisions, will not lead to a harmonious world. All conflicts will simply be directed to the new institution which will administer this new world currency. Conflicts will remain and increase in importance.
   
  One of these days, the Barons will finally wake up and demand a new Magna Carta from the King, or whoever or whatever takes over from the present King, to which he will be forced to accede: international trade must be settled, not papered over with debt instruments; the gold standard must be reinstalled. That will be the new Magna Carta for our times.

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Czech President: U.N. Climate Meeting Was Propaganda!

• Man made global warming is a lie! It is promoted by the ruling elite as a global problem that needs a global solution via a global government. Essentially, a scam to build support for a One World Government and also to implement a global carbon tax on all citizens. The Illuminati shadow government methodology is: Order Out of Chaos. They will create false/artificial problems to drive their agenda. Similarly, false flag terrorist attacks are used to justify wars and global government. They are building their propaganda for an Iran war now! Don’t be taken for a ride!
     
• The reason for climate change is the sun. The sun has been quiet for many years now. Thus, global temperatures have been cooling and not warming!
   
  2009: Coldest U.S. summer in recent history; 300 low-temp records set
  Anthropogenic global warming and its believers have been left out in the cold—literally—by a new report issued today by the National Oceanic and Atmospheric Administration (NOAA). According to NOAA’s National Climatic Data Center, summer temperatures were far below normal; in fact, the NCDC goes so far as to rank 2009’s summer as the 34th coolest on record since 1895. (The report cites temperature data collected from June and August 2009 in the contiguous United States.) Among the report’s main findings:
   
  - The average temperature of 71.7 F was 0.4 F degrees below the 20th century average. Also, last summer’s average temperature was 72.7 F.
   
  - States such as Michigan, Wisconsin, Iowa and Minnesota notched some of their coolest summers ever.
   
  - Precipitation remained low in the desert southwest—averaging 0.85 inches, which is well over an inch below normal. Arizona had its fourth driest August; New Mexico had its fifth; and Colorado, Texas, and Utah all posted their eighth driest August on record.
   
  - More than 300 low-temperature records (including highs and lows) were set across Midwest states in the last two days of August.
   
  The news comes hot on the heels of another NOAA report: one that establishes that aerosols – airborne particulates from pollution – are actually ushering in a global cooling of the atmosphere. This echoes a growing consensus that the planet is actually undergoing a phenomenon of global cooling—an event that may be more dramatic and incontrovertible than claims of global warming.
   
• I am really happy that the Czech president is seeing through this scam and telling the truth. Reuters reports :
    
  Czech President Vaclav Klaus sharply criticized a U.N. meeting on climate change on Tuesday at which U.S. President Barack Obama was among the top speakers, describing it as propagandistic and undignified. “It was sad and it was frustrating,” said Klaus, one of the world’s most vocal skeptics on the topic of global warming.
   
  “It’s a propagandistic exercise where 13-year-old girls from some far-away country perform a pre-rehearsed poem,” he said. “It’s simply not dignified.” At the opening of the summit attended by nearly 100 world leaders, 13-year-old Yugratna Srivastava of India told the audience that governments were not doing enough to combat the threat of climate change.
   
  Klaus said there were increasing doubts in the scientific community about whether humans are causing changes in the climate or whether the changes are simply naturally occurring phenomena. But politicians, he said, seem to be moving closer to a consensus on climate change. “The train can’t be stopped and I consider that a huge mistake,” Klaus said.
   
  U.N. Secretary-General Ban Ki-moon organized the climate summit to help create momentum before a U.N. meeting in Copenhagen in December to reach agreement on new targets for reducing so-called greenhouse gas emissions. However, new proposals by China and a rallying cry from U.S. President Barack Obama did little to break a U.N. deadlock about what should be done.
   
  Klaus published a book in 2007 on the worldwide campaign to stop climate change entitled “Blue Planet in Green Chains: What Is Under Threat — Climate or Freedom?” In the book, Klaus said global warming has turned into a new religion, an ideology that threatens to undermine freedom and the world’s economic and social order.

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Marc Faber: With a Chairman Like Mr. Bernanke, I Would Assume that Cash Will Be Worth ZERO, Buy Gold! No Decent Citizen Should Trust the Federal Reserve For One Second!

• Marc Faber, Dr Doom, talks a lot of sound economics. We should all listen to him rather than the shills in the MSM. He is honest, forthright and downright hilarious! MoneyNews.com reports :
    
  Investing guru Marc Faber advises investors to switch off Ben Bernanke, ignore his government-sponsored “We will keep inflation in check” line — and be sure to buy gold to protect yourself. “Government is there to do something for itself, not for people,” he observes.
   
  Faber says the government will have no choice but to print money like crazy and soon. He points out the huge existing debt and the financial crunch that’s coming by 2018 when more retiring Baby Boomers make demands on Social Security and Medicare. Don’t buy bonds or keep your money in cash, Faber counsels: Put money instead into things that will hold their value, like gold, preferably stored outside the U.S.
   
  “With a chairman like Mr. Bernanke, I would assume that cash will be worth zero,” he says. “Gold … has been a relatively stable commodity, unlike oil, which (last year) went from $147 to $32 a barrel.” “I repeat what I have said in the past,” Faber says.
   
  “No decent citizen should trust the Federal Reserve for one second. It’s very important that everyone own some gold because the government will make the dollar useless.”

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Jim Rogers: Let the Bankers Turn In Their Lamborghinis and Drive Taxis! Pay Them in the Toxic Derivatives They Created!

• Mr Rogers is my hero. He tells it like it is! It is hilarious and true!

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