Obama Admin Betrays the Dollar, FOREX & Stock Mkt

America, what have your wrought in the election of this fanatic in the White House? While the world crumbles he golfs, vacations, and circle jerks which, considering the alternative (his involvement) is preferable. When he does weigh in, heis duplicity and betrayal is so profound, free men shake.

The Post-American Presidency: The Obama Administration's War on America

US backing for world currency stuns markets Telegraph

US Treasury Secretary Tim Geithner shocked global markets by revealing that Washington is "quite open" to Chinese proposals for the gradual development of a global reserve currency run by the International Monetary Fund.

The dollar plunged instantly against the euro, yen, and sterling as the comments flashed across trading screens. David Bloom, currency chief at HSBC, said the apparent policy shift amounts to an earthquake in geo-finance.

"The mere fact that the US Treasury Secretary is even entertaining thoughts that the dollar may cease being the anchor of the global monetary system has caused consternation," he said.

Mr Geithner later qualified his remarks, insisting that the dollar would remain the "world's dominant reserve currency ... for a long period of time" but the seeds of doubt have been sown.
The markets appear baffled by the confused statements emanating from Washington.

Atlas Shrugs

Mosque Makeovers With Your Tax Dollars - Video - WSB Atlanta

Mosque Makeovers With Your Tax Dollars - Video - WSB Atlanta
While the courts here decide "Chrisians only have a partial right to their religion", Obama gives Moslems more RIGHTS and MONEY and PROTECTIONS than to non-Moslems!

Even refusing, together with the Dept. of Injustice under Eric Holder, to implement laws of the land and JUST DISCOVERED building in a hidden $105 BILLION into the Obamacare health care as pre-authorized expenditure by Health Secretary Sebellius and her crew. Plus a $16 billion slush fund for her to use anyway she wishes. NONE of this requires Congressional approval as it was PRE-APPROVED and appropriated within the Health care bill rammed down our throats WITHOUT being read!

Sleazebags Pelosi and Reid openly said they had to have the bill passed first TO FIND OUT what it contained. Thus forcing a vote for an invisible pig in the poke. What blatant ABUSE of power - against the wishes of the people. Mind bending treachery.

Were YOU aware of any of this? Why not?

People are only just becoming aware that schools are teaching young children to chant a TOTALLY false, misleading, unrecognizable new version of what is purported to be a preamble to the Constitution and presented as "reading" practise!

Oba-Hussein and his administration is increasingly an unashamed, thuggish CRIMINAL ENTERPRISE worse than the worst of the gangsters and mafias that exist and have existed in America. Or anywhere.

AMERICA IS WAKING BUT MUST PAY ATTENTION TO THE UNBELIEVABLE EXTENT OF THE CORRUPTION OBA-HUSSEIN HAS DESCENDED ON OUR HEADS.
Anti-Mullah

Here Is What a POTUS Sounds Like

FORMER U.N. AMBASSADOR JOHN BOLTON: I think what's clearly happened today [in Egypt] is that the Muslim Brotherhood, the radical Islamist party in Egypt has called it's supporters into the street. I don't think it was present on the first two or three days.

I think after the Friday prayers the Brotherhood brought its people out. That's why the protests are even more extensive today. That constitutes no doubt about it a direct threat to the military government, and I think the failure of the other security forces to bring the demonstrations under control also now explains the presence of the military.

Let me be clear here, this is not just the Mubarak-family government. The military has ruled Egypt since Gamal Nasser and they over through King Farook.

It's the military that is the real government and they are not going to go peacefully.

I think the question is whether and to what extent the Muslim Brotherhood and radical Islamists have infiltrated the leadership. If the military holds firm it's entirely possible, although bloody, that the government can hold onto power. That doesn't necessarily mean Mubarak will be in power, but the military will be, and I think that is why this contrast makes it so important for people to understand, this is not a choice between the Mubarak government on one hand, and sweetness and light, Jeffersonian democracy on the other.

I don't think we have evidence yet that these demonstrations are necessarily about democracy. You know the old saying, "one person, one vote, one time." The Muslim Brotherhood doesn't care about democracy, if they get into power you're not going to have free and fair elections either.

And I think there is substantial reason, for example, to worry the minority Coptic Christian population, about 10% of the population will be very worried if the Muslim Brotherhood came to power.

Let's be clear what the stakes are for the United States. We have an authoritarian regime in power.

Obama Invites Nuclear Destruction of USA

Another huge deliberate O-blunder with catastrophic implications for the free world. Obama and his revolutionaries are not stupid, but traitorous and treacherous.

Today’s news that Iran is placing medium-range missiles inside Venezuela that can reach the U.S. should come as no surprise. Anna Mahjar-Barducci writes:

Iran is planning to place medium-range missiles on Venezuelan soil, based on western information sources[1], according to an article in the German daily, Die Welt, of November 25, 2010. According to the article, an agreement between the two countries was signed during the last visit o Venezuelan President Hugo Chavez to Tehran on October19, 2010. The previously undisclosed contract provides for the establishment of a jointly operated military base in Venezuela, and the joint development of ground-to-ground missiles.

At a moment when NATO members found an agreement, in the recent Lisbon summit (19-20 November 2010), to develop a Missile Defence capability to protect NATO's populations and territories in Europe against ballistic missile attacks from the East (namely, Iran), Iran's counter-move consists in establishing a strategic base in the South American continent - in the United States's soft underbelly.

According to Die Welt, Venezuela has agreed to allow Iran to establish a military base manned by Iranian missile officers, soldiers of the Iranian Revolutionary Guard and Venezuelan missile officers. In addition, Iran has given permission for the missiles to be used in case of an "emergency". In return, the agreement states that Venezuela can use these facilities for "national needs" – radically increasing the threat to neighbors like Colombia. The German daily claims that according to the agreement, Iranian Shahab 3 (range 1300-1500 km), Scud-B (285-330 km) and Scud-C (300, 500 and 700 km) will be deployed in the proposed base. It says that Iran also pledged to help Venezuela in rocket technology expertise, including intensive training of officers

Venezuela has also become the country through which Iran intends to bypass UN sanctions. Following a new round of UN sanctions against the Islamic Republic, for example, Russia decided not to sell five battalions of S-300PMU-1 air defence systems to Iran. These weapons, along with a number of other weapons, were part of a deal, signed in 2007, worth $800 million. Now that these weapons cannot be delivered to Iran, Russia is looking for new customers; according to the Russian press agency Novosti[2], it found one: Venezuela.

[...]

If Iran, therefore, cannot get the S-300 missiles directly from Russia, it can still have them through its proxy, Venezuela, and deploy them against its staunchest enemy, the U.S..

But that is not all. According to Reuters, Iran has developed a version of the Russian S-300 missile and will test-fire it soon, as declared by the official news agency IRNA, two months after Moscow cancelled the delivery to comply with United Nations sanctions[3]. Iran, in fact, has its own capabilities for constructing missiles that could carry atomic warheads. According to a study recently released by the International Institute of Strategic Studies in London, Iran is presently aiming to perfect the already existing solid-fuel, medium-range missile that can carry a nuke to hit regional targets, such as Israel[4]. If a missile base can be opened in Venezuela, many US cities will be able to be reached from there even with short-medium range missiles.

The situation that is unfolding in Venezuela has some resemblance to the Cuba crisis of 1962. At that time, Cuba was acting on behalf of the USSR; now Venezuela is acting on behalf of Iran. At present, the geopolitical situation is very different: the world is no longer ruled by two superpowers; new nations, often with questionable leaders and the ambition of acquiring global status, are appearing on the international scene. Their danger to the free world will be greater if the process of nuclear proliferation is not stopped. Among the nations that aspire to become world powers, Iran has certainly the best capabilities of posing a challenge to the West.

Back in the 1962, thanks to the stern stance adopted by the then Kennedy administration, the crisis was defused

Nowadays, however, we do not see the same firmness from the present administration. On the contrary, we see a lax attitude, both in language and in deeds, that results in extending hands when our adversaries have no intention of shaking hands with us. Iran is soon going to have a nuclear weapon, and there are no signs that UN sanctions will in any way deter the Ayatollah's regime from completing its nuclear program. We know that Iran already has missiles that can carry an atomic warhead over Israel and over the Arabian Peninsula. Now we learn that Iran is planning to build a missile base close to the US borders.