The American economy stands at a precipice, as government bureaucrats threaten to gouge what remains of the free sector and plunge we the people into an inescapable abyss.
Neoliberals have lent their support to globalist elites, who intend to take out the American economy by tanking the US dollar. The will be a key topic on the table at tomorrow’s G20 meeting in Scotland.
Best-selling author Daniel Estulin states that the key issue to be discussed this week at the G20 Finance Ministers and Central Bank Governors Meeting, being held in St. Andrews, Scotland, is how to bring down the present world financial system through dumping the US dollar… Estulin says that the success or failure of this callous plan hinges on the ability of the US and UK representatives to convince the Russian, the Chinese and other national governments to go along with their scheme.
The plan is being buffered by traitorous Democrats who put $100 billion for the International Monetary Fund, which finances the G20, into a defense appropriations bill in June. One quarter of the quota was provided in gold, redistributing America’s wealth to poor nations.
Half of this gold has been sold to India, who acquired 200 metric tons from the IMF, worth roughly $6.7 billion.
Gold surged to a new record Tuesday as India’s decision to buy 200 metric tons of the precious metal from the International Monetary Fund fueled optimism that demand will remain robust.
The Reserve Bank of India, the country’s central bank, bought the gold last month, taking half the amount the IMF is seeking to sell…
It “takes a lot of potential supply off the market,” said Peter Schiff, president of Euro Pacific Capital. “India is not buying that gold to sell it. It’s buying that gold to own it and keep it.”
Another example of liberals selling out the U.S. Treasury is a $1.5 billion deal, backed by the stimulus package, which has gone to a Chinese wind power firm.
China put up $1.5 billion for a 36,000-acre wind farm in Texas with the power to light up 180,000 homes…
Chinese wind turbine manufacturer A-Power Energy Generation Systems will begin shipping the 2.5-megawatt turbines in March, built in the company’s plant in the city of Shenyang…
The joint venture also plans to tap into U.S. stimulus funding for alternative energy, said Cappy McGarr, managing partner of U.S. Renewable Energy.
Financial analyst Peter Schiff, a Senate candidate in Connecticut, is a strong opponent of the federal manipulation of our economy. He has a firm understanding of the problems we face and is willing to take on the special interests who are protecting those entaglements.
Schiff is beginning to ramp up his campaign with more local stops in the state, where he takes on Federal Reserve puppet Chris Dodd, a friend of disgraced Countrywide CEO Angelo Mozilo.
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