Changes in Economic Approach: Economic News

Chinese official urges buying of gold, U.S. land: report – Market Watch 6/26/09

Have China watchers never heard of a decoy? – GATA 5/17/09

Valid speculation on the Chinese possession of US Treasury bonds

What China’s Push for An Alternative World Reserve Currency Means – Global Research 6/28/09

The Weimar Hyperinflation? Could it Happen Again? – Global Research 5/19/09

State considers return to gold, silver dollars – World Net Daily 5/15/09

A bill being considered in the Montana Legislature blasts the Federal Reserve’s role in America’s money policy and permits the state to conduct business in gold and silver instead of the Fed’s legal tender notes.

De-Dollarization: Dismantling America’s Financial-Military Empire – Global Research 6/13/09

Russia: New world currency a decade away – Raw Story 6/6/09

Fed may increase massive debt load – Raw Story 5/21/09

Russia May Swap Some U.S. Treasuries for IMF Debt – Bloomberg 6/10/09

California: Governor plans to completely eliminate welfare for families  – Global Research 5/25/09

Russia Dumps US Dollar as basic reserve currency – Global Research 5/20/09

States Barter Fish and Bullets to Save Money – NYTimes 5/23/09

The recession has motivated at least 11 states and countless municipalities to split costs and share services.

Bilderberg Wants Global Department Of Health, Global Treasury  – PrisonPlanet 5/17/09

Veteran investigative journalist Jim Tucker has uncovered Bilderberg’s 2009 agenda, which includes the plan for a global department of health, a global treasury and a shortened depression rather than a longer economic downturn.

Appearing on The Alex Jones Show, Tucker said that former Swedish Prime Minister and regular Bilderberg attendee Carl Bildt, “Made a speech advocating turning the World Health Organization into a world department of health, advocating turning the IMF into a world department of treasury, both of course under the auspices of the United Nations.”

President Obama: Nationalize the Fed and Create Our Own Money – Dissident Voice 5/1/09

Stephen J. Zerlenga has drafted a proposed American Monetary Act.

This proposed Act is very useful concrete example of how the U.S. would create its own money, how it would work, and the surprising array of public benefits that could be obtained.

The Secretary of the Treasury, following targets established by a 9 member Monetary Authority appointed by the President with the advice and consent of the Senate, shall directly issue all money, called United States Money, the nominal unit being the U.S. Dollar. This money shall be legal tender, backed by the full faith and credit of the United States.

The Act stops the creation of money by private banks. Fractionalized Reserve Banking is prohibited and banks can loan only the United States Money they actually have on deposit.


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