Confirmed: International Monetary Fund (IMF) set to be the World's Federal Reserve!

[diggronpaul]

This is probably why the mainstream media is now openly attacking the Federal Reserve. I'm guessing that the Federal Reserve will take the fall, but only after the transfer of power to the IMF is complete.

A number of organizations and individuals have been drumming up support to end the FED. Most of that noise was created by the same elites who want to introduce a global Fed, as they needed to get the public behind the idea of dissolving the old so they could introduce the new.

Many were duped... again.

Ending the FED was an "authorized" campaign... authorized from the top.

 

[Mesogen]

Damn if you didn't just put the piece of the puzzle together that was missing. This also explains the msm's sudden love for RP and giving him so much airtime --because he is the most vocal opponent of the Fed.

Well then RP needs to start the attack on the IMF.

He needs to badmouth the IMF as much as he can and then we'll see if the Fox News crowd stays with him.

 

[diggronpaul]

We've got to put the kibosh on the IMF and World Bank.

Ummm, good luck with that one.

The Federal Reserve is Bankrupt
How Did It Happen and What are the Ugly Consequences?


Global Research CA
March 10, 2009

The Federal Reserve is bankrupt for all intents and purposes. The same goes for the Bank of England!

This is great news. Who gives a damn about these privately run institutions, anyway. Let them dissolve and all their fiat credit with it.

If we could actual remove the usurpers from DC, then we could simply start printing our own money again, letting their old system to disappear with all the stench that it's created.

 

[dgr]

At one time I thought the North American Union would only be achieved by a collapse of the North American economy. I f you remember we were all nuts if we believed in the North American Super High Way and the NAU. But the the former President of Mexico went on CNN in 2007 and said it was all true and the currency was the Amero. No still believed it. The NAU fell thru in the summer of 2008 at the last SPP meeting, who knows why.
So 3 months later suddenly it was the "World economy that was going to collapse in 24 hours if we didn't pony up billions.
last week we were told the NAU was real, but don't believe all this NWO talk now called
Trans national economic and universal justice.
Same plan they just skipped the NAU
A nation of lemmings doesn't need a reason they just follow the leader even if he doesn't know where he's going.
I know only that the people must take back the goverment and these are really disturbing times
the speed with which events are moving , the scope of the change in the fundamental beliefs of the nation not by the people but the goverment

 

[GunnyFreedom]

Where do we go to get our mark of the beast?

Right here:

http://www.ronpaulforums.com/showthread.php?t=187257

 

[fj45lvr]

Revelation 13:17-18 (New King James Version)

17 and that no one may buy or sell except one who has the mark or the name of the beast, or the number of his name.
18 Here is wisdom. Let him who has understanding calculate the number of the beast, for it is the number of a man: His number is 666

 

[FrankRep]

bump

 

[FrankRep]

With all this talk about "Ending the Federal Reserve" lets keep this thread in mind.

 

[diggronpaul]

Perhaps this post should be reread...

A number of organizations and individuals have been drumming up support to end the FED. Most of that noise was created by the same elites who want to introduce a global Fed, as they needed to get the public behind the idea of dissolving the old so they could introduce the new.

Many were duped... again.

Ending the FED was an "authorized" campaign... authorized from the top.

 

[raiha]

It appears this is going to be a global problem so it needs a global approach in resolution. There needs to be a world-wide movement working to educate people about this. You have one here in the C4L if you wanted to create a sub campaign which would have to end up becoming the primary campaign. But that is only in USA.

I never thought much of the anarchistic approach to rioting during the G8 summits but I'm beginning to see their point. At the least it alerts the masses to the fact that some people are not enamoured with what is going on. The problem is that soon people will be so pre-occupied with trying to survive,finding food and keeping warm, that agitation and political shit-stirring will be relegated to the back-burner.

 

[FrankRep]

It appears this is going to be a global problem so it needs a global approach in resolution. There needs to be a world-wide movement working to educate people about this. You have one here in the C4L if you wanted to create a sub campaign which would have to end up becoming the primary campaign. But that is only in USA.

Freedom Force International, G. Edward Griffin's Liberty group, has a global scope with international members. The organization is still young.


Freedom Force International
http://www.freedomforceinternational.org/

 

[FrankRep]

US Postal Service starts valuing its international transactions in SDR (IMF currency)

http://www.ronpaulforums.com/showthread.php?t=207482

 

[CitizenPlain]

This is no surprise !

...

 

[PaulaGem]

What is the Constitutional and legal argument for the U.S. declining to participate?

What are the possible ramifications of this decision?

Could we tough it out on our own and maintain an isolationist economy? In this case it would be defensible to be isolationist because it would be a refusal to participate in an impractical system.

 

[acptulsa]

What is the Constitutional and legal argument for the U.S. declining to participate?

There's no constitutional justification for the Fed, and that's a U.S. entity. I doubt the amendment they pretended to pass to bring the Fed about foresaw something international, but since this is ostensibly a 'basket currency' and the FRN is not going away, but into the 'basket', I'm sure they'll be trying to use that as a loophole.

What are the possible ramifications of this decision?

Stop, it's too depressing.

Could we tough it out on our own and maintain an isolationist economy? In this case it would be defensible to be isolationist because it would be a refusal to participate in an impractical system.

Hell yes. Barter is a wonderful thing. Old coins abound. Many men around these parts will work for beer. We can do this.

 

[CitizenPlain]

We the people could wish not to participate...

...

 

[amy31416]

Hell yes. Barter is a wonderful thing. Old coins abound. Many men around these parts will work for beer. We can do this.

It certainly can't hurt to save a few of those fiat dollars to invest in equipment so you can make your own beer.

 

[moostraks]

Could we tough it out on our own and maintain an isolationist economy? In this case it would be defensible to be isolationist because it would be a refusal to participate in an impractical system.

One man's isolationist view is another man's view of sovereignty...

 

[amonasro]

This just in: IMF declares beer as first world reserve currency

I wish. It's just like 1984. You can't ever really escape.

 

[FrankRep]

China to buy up to $50 billion of first-ever IMF bonds


Market Watch
Sep 2, 2009


The Chinese government has agreed to purchase up to $50 billion worth of International Monetary Fund bonds, the first such notes in the fund's history, the IMF said Wednesday.

The global organization said the note purchase agreement "offers China a safe investment instrument," and is part of a broader plan to help the fund weather the economic downturn.

The IMF announced plans to issue bonds to member countries in June, as part of a plan to help bolster its resources. China expressed interest at that time in purchasing the notes.

Other countries reportedly interested in purchasing the IMF bonds include Russia and India.

The bonds would be denominated in Special Drawing Rights, a unit based on a basket of member-state's currencies and used by the IMF for accounting. Currently, one Special Drawing Right is worth roughly $1.56.

The IMF said in a statement that the Chinese purchase will help "boost the Fund's capacity to help its membership -- particularly the developing and emerging market countries -- weather the global financial crisis, and facilitate an early recovery of the global economy."

The purchase agreement was signed by IMF Managing Director Dominique Strauss-Kahn and People's Bank of China Deputy Gov. Yi Gang, the IMF said. China had originally said in June it was interested in buying the IMF bonds.

Chinese officials have previously held up the IMF as a possible source for a world reserve currency to supplement or replace the dominant role of the U.S. dollar.