Tuesday, March 31, 2009

G20, Circus in town.

The circus has arrived in London, a one-off show, that will not be touring the provinces. Sadly, yours truly has not got the inclination nor the time to visit the show.

Then again, with the internet, one can know within moments just what amazing feats and spectacles these gargantuan performers have brought to the big top.

The Russians, who now supply much of the world with gas, oil and inexpensive yet highly efficient armaments, (Kalashnikov is not a town in Texas!),
are calling for and end to the use of the dollar as reserve currency for the world....

The Chinese even suggest that we all use the Yuan.
Obama insists that it won`t be necessary....Well, every circus has it`s clowns...

Barak, let me tell you something, there are over 1 billion chinese, mostly educated and law-abiding, but above all, industrious... contrasted with 300 million americans,,, then there`s the Russians, again well educated, industrious and fiercely nationalistic, then there`s Europe and Latin America...
Need I say more, apart from 6 million Israelis, you have virtually no allies left, so maybe time to get a new act... how about you try farming instead of warmongering, or making nice little cars instead of tanks and jeeps, or how about schools and hospitals instead of prisons and military bases.
You could even take the homeless from your streets, and take the sick into care, dismantle your weapons of mass distruction....., or the people of America will do it for you.
Wake up, and get into step with the world.

The Barak and Brown approach to the global monetary programme, is to print money, borrow it, and charge it to the taxpayer...whilst most of the other nations are electing to undergo a period of economic contraction, and then on to a less indebted future.


The French, (under strong prompts from Berlin!) are threatening to walk away unless the world agrees to tighten the rules on hedge funds and tax havens.



Now, underneath the make-up and the silly costumes lies a cunning mind, but then again, is Barak perhaps fooling himself?

Does he really think that no-one else knows he and his banking elites are out of cash? Or that his armies have little prospect of victory against what is now, an increasingly sophisticated guerilla force.




Surrounded by 300 "secret service agents", and a trillion dollar army, he might feel and look important, but should the Chinese cut off his credit, or should the "terrorists" disrupt the supply of oil, then his overly expensive act may not be required in the not-too-distant future..

Without doubt, the Russians, Chinese, and most of Europe reject the policies, and thus the actions of the US.
Which only leaves England and Gordon Brown, who one suspects has no choice, given the entanglement of US and UK financial conglomerates.

There might be a few blips, but I`d say the US dollar is failing and falling from grace as a medium of exchange, and who knows, maybe next time Obama comes to town he won`t need all those expensive bodyguards, the armoured limousine, the staff, the helicopters, the personal jets, the nuclear football...
Of course, he`ll still need the suit, the make-up, a script.

4 comments:

an average patriot said...

I found it a bit odd last week that Congresswoman Bachmann R Minnesota wanted to pass legislation to make it illegal to replace the dollar. Not that, that would matter to the rest of the world but I do not see it happening but who knows.

I was impressed today with agreements between us and Russia on Iran, Afghanistan, and nuclear proliferation. Also agreements and visits to both Russia and China and a call by Medvedev to pres the reset button. Obama definitely espouses concern and the ability to unite. At least Bush the destroyer is gone!

an average patriot said...

I found it a bit odd last week that Congresswoman Bachmann R Minnesota wanted to pass legislation to make it illegal to replace the dollar. Not that, that would matter to the rest of the world but I do not see it happening but who knows.

I was impressed today with agreements between us and Russia on Iran, Afghanistan, and nuclear proliferation. Also agreements and visits to both Russia and China and a call by Medvedev to pres the reset button. Obama definitely espouses concern and the ability to unite. At least Bush the destroyer is gone!

landsker said...

Hi Jim,
Our anglo-centric press is not reporting the statements from the Chinese and Russians, about replacing the greenback.
The credibility and backing for the dollar is gone, and sterling is not too hot neither.... I`m sure Britain will soon join the Euro-currency group, as for the dollar..it seems set to loose its` lustre.
Obama may think he`s making "agreements", but his advisers know they have no choice.
The US military cannot extricate itself from Afghanistan, and it is almost the only american corporation that is still in business.....and only because of taxpayer funding/Chinese loans.
The Chinese could, in economic terms, cause a run on the dollar and thus defeat the US without firing a single shot, which may have been their plan all along:).
Incidentally, Obama also has an aircraft carrier and 60 fighter planes "standing by"...He flatters himself, the last politician in Europe to have so many troops around him was called Adolf.!!

an average patriot said...

They mentioned the thought was floored on changing currency. Myself I ignored that and concentrated on other issues because for many reasons I think it may one day happen but not now.