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"Traitor Greenspan Urges Gulf States to Abandon Dollar"

 
Anonymous Coward
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02/26/2008 11:53 PM
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"Traitor Greenspan Urges Gulf States to Abandon Dollar"
"Traitor Greenspan Urges Gulf States to Abandon Dollar"
Paul Joseph Watson
Prison Planet
Tuesday, February 26th, 2008

Alan Greenspan has again exposed himself as a traitor working against the interests of the American people by urging Gulf states to abandon the dollar peg, a move that could result in financial chaos and an economic depression in America.

The dollar peg mandates Gulf nations to price their assets in U.S. dollars and follow U.S. monetary policy at a time when the Fed is cutting interest rates, a system that has produced a boom in oil revenues but led to high inflation as the dollar weakens.

"It [de-pegging] is probably the most useful thing that can be done to stop the increasing influence of foreign assets on the monetary system and therefore the monetary base which is basically the major force in inflationary pressures," Greenspan told the Abu Dhabi Corporate Leadership Forum yesterday.

"In the short term free floating Ö will not fully dissipate inflationary pressure, although it would significantly do so," added Greenspan, giving a green light for Gulf states to drop the dollar peg.

According to Economist editor Pam Woodall, Greenspanís comments heralded the beginning of the end for the US dollar as the currency of choice for foreign exchange reserves.

"If Asian central banks hold today more than 80 per cent of the global foreign exchange reserves, which indicates the shift of the global economy domination towards Asia, it seems quite awkward that the UAE still maintains the peg of its currency to the US dollar," she told Gulf News.

Greenspanís zeal to destroy the dollar is evident in numerous public statements he has made predicting the replacement of the dollar with the Euro as the world reserve currency.

The former Fed chairman has repeatedly badmouthed the dollar and hyped the inevitability of economic chaos at a time when market confidence is in the toilet. Greenspanís rhetoric matches that of the IMF, who in October of last year bizarrely slammed the dollar as "overvalued" at the same time the greenback hit its all time low against the Euro.

A decision on behalf of the Gulf states to abandon the dollar peg would have disastrous consequences for the greenback and the American economy.

Such a move could lead the likes of the United Arab Emirates and Saudi Arabia to diversify their foreign exchange holdings out of dollars. This would amount to a vote of "no confidence" in the dollar and may cause other countries with large dollar reserves, such as China and Japan, to follow suit and begin dumping the greenback en masse.

China has threatened repeatedly to use the "nuclear option" and liquidate its vast holding of US treasuries in response to continued pressure on the Communist state to force a yuan revaluation. According to a widely-read London Telegraph report, such an event "could trigger a dollar crash" and also "cause a spike in US bond yields, hammering the US housing market and perhaps tipping the economy into recession."

Runaway inflation would also ensue, making the cost of living unaffordable to even middle class Americans as food prices skyrocket and international aid organizations like the World Food Programme predict rationing and food riots.

The dollar has held firm against the Euro and recovered some losses against Sterling over the past two months, but it has still lost 12 per cent of its value against the trade-weighted index over the last two years and has plunged by a whopping 60 per cent against the Euro since Bush entered the White House.


[link to www.truthnews.us]
Anonymous Coward (OP)
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02/27/2008 12:18 AM
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Re: "Traitor Greenspan Urges Gulf States to Abandon Dollar"
sfan
Guns n' God

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02/27/2008 12:34 AM
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Re: "Traitor Greenspan Urges Gulf States to Abandon Dollar"
ANTI-SEMITE!!!
DanG
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02/27/2008 12:54 AM
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Re: "Traitor Greenspan Urges Gulf States to Abandon Dollar"
(now a) private citizen who gets paid for his opinion.
he's a traitor ??
no fucktard, bu$h and the neocons are the traitors.
fnord
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02/27/2008 12:57 AM
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Re: "Traitor Greenspan Urges Gulf States to Abandon Dollar"
Greenspan may have helped to destroy the federal reserve dollar because he believes in lawful money.

The only chance we have for the restoration of lawful money is for the present system to crash and burn.
DanG
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02/27/2008 12:58 AM
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Re: "Traitor Greenspan Urges Gulf States to Abandon Dollar"
Ron Paul 2008
Anonymous Coward
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02/27/2008 01:04 AM
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Re: "Traitor Greenspan Urges Gulf States to Abandon Dollar"
(now a) private citizen who gets paid for his opinion.
he's a traitor ??
no fucktard, bu$h and the neocons are the traitors.
 Quoting: DanG 335343


Set em up (iraq)
shoot em down

Scare em off (syria) (iran)
All all around..

If you disagree just dig thru the couch for a couple euro's or kruggers, what a fu**** surprise, you don't have any money or even know what the word "money" means.
Xare

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02/27/2008 01:18 AM
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Re: "Traitor Greenspan Urges Gulf States to Abandon Dollar"
Greenspan used to be good, but yes he is now a Traitor.
Bilked
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02/27/2008 01:41 AM
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Re: "Traitor Greenspan Urges Gulf States to Abandon Dollar"
Wasn't it also Greenspan who encouraged EVERYONE to own a home -- qualified or not -- to have "the American Dream"??? Do a sub-prime, take out ARM, etc., etc??? Wasn't that back in 2002? Same Greenspan wasn't it?
Anonymous Coward
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02/27/2008 01:58 AM
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Re: "Traitor Greenspan Urges Gulf States to Abandon Dollar"
Greaseman was always a traitor. His task was to give control of the finacial systen to the zionists of satan's 13th tribe.

Their goal is to destroy America from within by USing the MSM.

These cunts did the same thing to Russia when they murdered 60 million Christians 100 years ago.

They now have total control of America. They have their goons in every strategic position of the US government.

911 was an inside job and they made it obvious to anyone with half a brain. Obviously that excludes most Americans.

They are now going to release vital information to prove it was an inside job so that you will riot against your government.

The stories of the box cars and concentration camps are all real.

That is what the patriot acts, military commission acts and HR 1959 are all about.

The Americans have to arrest every zionist dual apostate Israeli in a position of power NOE, starting with Chertoff or America will shortly be destroyed from within.

The zionists intend to carry out a false flag Nuclear attack and blame it on Iran.

Once this happens America is finished and the zionists have won.
Anonymous Coward
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02/27/2008 02:00 AM
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Re: "Traitor Greenspan Urges Gulf States to Abandon Dollar"
bump
astrolabe
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02/27/2008 02:01 AM
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Re: "Traitor Greenspan Urges Gulf States to Abandon Dollar"
Ron Paul 2008
 Quoting: DanG 335343



Dream on...
Anonymous Coward
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02/27/2008 02:03 AM
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Re: "Traitor Greenspan Urges Gulf States to Abandon Dollar"
Greaseman was always a traitor. His task was to give control of the financial system to the zionists of satan's 13th tribe.

Their goal is to destroy America from within by USing the MSM.

These cunts did the same thing to Russia when they murdered 60 million Christians 100 years ago.

They now have total control of America. They have their goons in every strategic position of the US government.

911 was an inside job and they made it obvious to anyone with half a brain. Obviously that excludes most Americans.

They are now going to release vital information to prove it was an inside job so that you will riot against your government.

The stories of the box cars and concentration camps are all real.

That is what the patriot acts, military commission acts and HR 1959 are all about.

The Americans have to arrest every zionist dual apostate Israeli in a position of power NOW, starting with Chertoff or America will shortly be destroyed from within.

The zionists intend to carry out a false flag Nuclear attack and blame it on Iran.

Once this happens America is finished and the zionists have won.
 Quoting: Anonymous Coward 381443
Anonymous Coward
User ID: 381443
Australia
02/27/2008 02:04 AM
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Re: "Traitor Greenspan Urges Gulf States to Abandon Dollar"
Greaseman was always a traitor. His task was to give control of the financial system to the zionists of satan's 13th tribe.

Their goal is to destroy America from within by USing the MSM.

These cunts did the same thing to Russia when they murdered 60 million Christians 100 years ago.

They now have total control of America. They have their goons in every strategic position of the US government.

911 was an inside job and they made it obvious to anyone with half a brain. Obviously that excludes most Americans.

They are now going to release vital information to prove it was an inside job so that you will riot against your government.

The stories of the box cars and concentration camps are all real.

That is what the patriot acts, military commission acts and HR 1959 are all about.

The Americans have to arrest every zionist dual apostate Israeli in a position of power NOW, starting with Chertoff or America will shortly be destroyed from within.

The zionists intend to carry out a false flag Nuclear attack and blame it on Iran.

Once this happens America is finished and the zionists have won.

 Quoting: Anonymous Coward 381443



God's witness of Revelation.
Anonymous Coward
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Australia
02/27/2008 02:06 AM
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Re: "Traitor Greenspan Urges Gulf States to Abandon Dollar"
PS. Gaia is a mossad megaphonie stooge, so is SHR.

They will ban me now as always..

All i can do is try to tell you.

God's witness of Revelation. In the power and Spirit of Elijah.
IDW
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02/27/2008 02:15 AM
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Re: "Traitor Greenspan Urges Gulf States to Abandon Dollar"
Greaseman was always a traitor. His task was to give control of the finacial systen to the zionists of satan's 13th tribe.

Their goal is to destroy America from within by USing the MSM.

These cunts did the same thing to Russia when they murdered 60 million Christians 100 years ago.

They now have total control of America. They have their goons in every strategic position of the US government.

911 was an inside job and they made it obvious to anyone with half a brain. Obviously that excludes most Americans.

They are now going to release vital information to prove it was an inside job so that you will riot against your government.

The stories of the box cars and concentration camps are all real.

That is what the patriot acts, military commission acts and HR 1959 are all about.

The Americans have to arrest every zionist dual apostate Israeli in a position of power NOE, starting with Chertoff or America will shortly be destroyed from within.

The zionists intend to carry out a false flag Nuclear attack and blame it on Iran.

Once this happens America is finished and the zionists have won.
 Quoting: Anonymous Coward 381443

Yep, you've got it figured out pretty well. I'm not sure a flase flag is neccessary at this point though, the economy is already hopelessly sabataged and the NAU is pretty much already a forgone conclusion. Thats why no effort is being made to deport illegal Mexicans, they are shortly going to be citizens of NAU right along side of us. What your going to see is a purge of intellectuals, dissidents and resistors like Russia had at the beginning of the last century under the Bolshevics.The currency will be called the Amero and will make the north american continent a single economic and political block, much like the EU is now. Its all new world order stuff, the fed res dollar was never meant to last.
OUT OF CHAOS ,A NEW ORDER OF THE AGES. OUT OF MANY, ONE

Thats what is says on the dollar. In fact the entire story is revealed on the dollar, right down to 'in god we trust'. Money IS the God they want you to worship, and too many of you do.
Anonymous Coward
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Australia
02/27/2008 02:21 AM
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Re: "Traitor Greenspan Urges Gulf States to Abandon Dollar"
(now a) private citizen who gets paid for his opinion.
he's a traitor ??
no fucktard, bu$h and the neocons are the traitors.
 Quoting: DanG 335343


Greenspan's task was set up the great depression that will make 1929 appear a picnic.

He was not nighted by the queen for services to lucifer for nothing.
Anonymous Coward
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02/27/2008 02:25 AM
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Re: "Traitor Greenspan Urges Gulf States to Abandon Dollar"
Greaseman was always a traitor. His task was to give control of the financial system to the zionists of satan's 13th tribe.

Their goal is to destroy America from within by USing the MSM.

These cunts did the same thing to Russia when they murdered 60 million Christians 100 years ago.

They now have total control of America. They have their goons in every strategic position of the US government.

911 was an inside job and they made it obvious to anyone with half a brain. Obviously that excludes most Americans.

They are now going to release vital information to prove it was an inside job so that you will riot against your government.

The stories of the box cars and concentration camps are all real.

That is what the patriot acts, military commission acts and HR 1959 are all about.

The Americans have to arrest every zionist dual apostate Israeli in a position of power NOW, starting with Chertoff or America will shortly be destroyed from within.

The zionists intend to carry out a false flag Nuclear attack and blame it on Iran.

Once this happens America is finished and the zionists have won.




God's witness of Revelation.
 Quoting: Anonymous Coward 381443



5 STARS
Smellin' DeGenerates
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02/27/2008 03:34 AM
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Re: "Traitor Greenspan Urges Gulf States to Abandon Dollar"
The Gulf States? You mean DIXIE?
Anonymous Coward
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02/27/2008 03:38 AM
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Re: "Traitor Greenspan Urges Gulf States to Abandon Dollar"
A Jew telling Muslims how to handle their finances? Yep...The world's coming to an end.
Question EVERYTHING
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02/27/2008 03:44 AM
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Re: "Traitor Greenspan Urges Gulf States to Abandon Dollar"
Doesn't surprise me in the least. This has been all planed and Stevie Wonder could have seen this shit coming...
Anonymous Coward
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02/27/2008 04:07 AM
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Re: "Traitor Greenspan Urges Gulf States to Abandon Dollar"
Ron Paul 2008
 Quoting: DanG 335343


I second that.

Ron Paul 2008
Anonymous Coward
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02/27/2008 04:14 AM
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Re: "Traitor Greenspan Urges Gulf States to Abandon Dollar"
america has 90% of the worlds money.......

its not like its gunna be a huge loss.
Anonymous Coward
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Netherlands
02/27/2008 04:19 AM
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Re: "Traitor Greenspan Urges Gulf States to Abandon Dollar"
They desperately need a war to keep the economy going...
Greenspan is just doing his job as he was told to do, hasten the war.

Can't you see?
Another war is coming and they are all working towards this goal.
Anonymous Coward
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02/27/2008 04:20 AM
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Re: "Traitor Greenspan Urges Gulf States to Abandon Dollar"
empire fall so quick soo funny land of the brave and free is becoming land of coward and slave
Anonymous Coward
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02/27/2008 06:01 AM
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Re: "Traitor Greenspan Urges Gulf States to Abandon Dollar"
byekitty byekitty byekitty byekitty byekitty byekitty byekitty byekitty byekitty byekitty byekitty byekitty byekitty byekitty byekitty byekitty byekitty byekitty byekitty byekitty byekitty byekitty byekitty byekitty byekitty byekitty byekitty byekitty byekitty byekitty byekitty byekitty byekitty byekitty byekitty byekitty byekitty byekitty byekitty byekitty byekitty byekitty byekitty byekitty byekitty byekitty byekitty byekitty byekitty byekitty byekitty byekitty byekitty byekitty byekitty byekitty byekitty
Anonymous Coward
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02/27/2008 08:12 AM
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Re: "Traitor Greenspan Urges Gulf States to Abandon Dollar"
Greaseman was always a traitor. His task was to give control of the finacial systen to the zionists of satan's 13th tribe.

Their goal is to destroy America from within by USing the MSM.

These cunts did the same thing to Russia when they murdered 60 million Christians 100 years ago.

They now have total control of America. They have their goons in every strategic position of the US government.

911 was an inside job and they made it obvious to anyone with half a brain. Obviously that excludes most Americans.

They are now going to release vital information to prove it was an inside job so that you will riot against your government.

The stories of the box cars and concentration camps are all real.

That is what the patriot acts, military commission acts and HR 1959 are all about.

The Americans have to arrest every zionist dual apostate Israeli in a position of power NOE, starting with Chertoff or America will shortly be destroyed from within.

The zionists intend to carry out a false flag Nuclear attack and blame it on Iran.

Once this happens America is finished and the zionists have won.
 Quoting: Anonymous Coward 381443



The truth is anti-Semetic.

This about sums things up.
Anonymous Coward
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02/27/2008 08:16 AM
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Re: "Traitor Greenspan Urges Gulf States to Abandon Dollar"
This is because everything is based upon credit and debt
the whole world economy is based upon debt
every country on earth is bankrupt
its a big game
Anonymous Coward
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02/27/2008 08:30 AM
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Re: "Traitor Greenspan Urges Gulf States to Abandon Dollar"
Hey, telling the truth is not being a traitor. He pretty much knows what he is talking about.
Prof-Rabbit
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02/27/2008 08:46 AM
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Re: "Traitor Greenspan Urges Gulf States to Abandon Dollar"
Hey, telling the truth is not being a traitor. He pretty much knows what he is talking about.
 Quoting: Anonymous Coward 378254


And you have the cry of the desperate trying to hold on to the almighty US dollar.

You are only 6% of the worlds population, get over yourselves!
Rota

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02/27/2008 08:50 AM
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Re: "Traitor Greenspan Urges Gulf States to Abandon Dollar"
Hey, telling the truth is not being a traitor. He pretty much knows what he is talking about.
 Quoting: Anonymous Coward 378254

So when he works for the U.S. he gives bad advise that will destroy this country but when he works for the Arabs he gives the good advise? Something smells rotten here.





GLP