The Most Chilling Quotes by Bilderberg Insiders

THE MOST CHILLING QUOTES BY BILDERBERG INSIDERS

Quotes from Bilderberg members reveal the evil within

     Image Credits: World Economic Forum.

If you want to know the evils of the Bilderberg Group, look no further than the following quotes from Bilderberg insiders and those who’ve studied the secretive cabal.

“The world today has 6.8 billion people. That’s heading up to about nine billion. Now if we do a really great job on new vaccines, health care & reproductive health services, we could LOWER that by perhaps 10 or 15 percent.” ― Bill Gates

“If elitist groups like Bohemian Club, the CFR and the Bilderberg Group select and groom candidates to become Presidents of the US then isn’t it safe to assume they also dictate certain policies once their alumni are in the White House?” ― Lance Morcan, The Orphan Conspiracies: 29 Conspiracy Theories from The Orphan Trilogy

“Bilderberg pulls the strings of every government and intelligence agency in the Western world.” ― James Morcan, The Ninth Orphan

“Today, America would be outraged if U.N. troops entered Los Angeles to restore order [referring to the 1991 LA Riot]. Tomorrow they will be grateful! This is especially true if they were told that there were an outside threat from beyond [i.e., an “extraterrestrial” invasion], whether real or promulgated, that threatened our very existence. It is then that all peoples of the world will plead to deliver them from this evil. The one thing every man fears is the unknown. When presented with this scenario, individual rights will be willingly relinquished for the guarantee of their well-being granted to them by the World Government.” – Dr. Henry Kissinger, Bilderberger Conference, Evians, France, 1991

“Bilderberg’s modus operandi reinforced in his mind the complexity of the global hierarchy. He didn’t know if Omega controlled the Bilderberg Group or vice versa, but the situation reminded him that no matter how much anyone thought they knew about the New World Order 'elite', there were always higher levels in the plethora of secret societies and shadow organizations that ruled the planet.” ― James Morcan, The Ninth Orphan

“We are grateful to the Washington Post, the New York Times, Time Magazine and other great publications whose directors have attended our meetings and respected their promises of discretion for almost forty years … It would have been impossible for us to develop our plan for the world if we had been subjected to the lights of publicity during those years. But, the world is more sophisticated and prepared to march towards a world government. The supranational sovereignty of an intellectual elite and world bankers is surely preferable to the national autodetermination practiced in past centuries.” – David Rockefeller, Speaking at the June, 1991 Bilderberger meeting in Baden, Germany (a meeting also attended by then-Governor Bill Clinton and by Dan Quayle)

“Nine had heard whisperings that the secretive Bilderberg Group was effectively the World Government, undermining democracy by influencing everything from nations’ political leaders to the venue for the next war. He recalled persistent rumors and confirmed media reports that the Bilderberg Group had such luminaries as Barack Obama, Prince Charles, Bill Gates, Rupert Murdoch, Tony Blair, Bill and Hillary Clinton, George Bush Sr. and George W. Bush. Other Bilderberg members sprung forth from Nine’s memory bank. They included the founders and CEOs of various multinational corporations like Facebook, BP, Google, Shell and Amazon, as well as almost every major financial institution on the planet.” ― James Morcan, The Ninth Orphan

“We are not going to achieve a new world order without paying for it in blood as well as in words and money.” – Arthur Schlesinger, Jr., in Foreign Affairs (July/August 1995)

TPPA

RULE OF LAW BY CORPORATIONS: Leaders selling their integrity for NWO Money!

TPP Partnership Immune To The Laws Of Sovereign Countries.

Traitors Hanged

The Transatlantic and Transpacific Trade and Investment Partnerships have nothing to do with free trade. «Free trade» is used as a disguise to hide the power these agreements give to corporations to use law suits to overturn sovereign laws of nations that regulate pollution, food safety, GMOs, and minimum wages.
The first thing to understand is that these so-called «partnerships» are not laws written by Congress. The US Constitution gives Congress the authority to legislate, but these laws are being written without the participation of Congress. The laws are being written by corporations solely in the interest of their power and profit. The office of US Trade Representative was created in order to permit corporations to write law that serves only their interests. This fraud on the Constitution and the people is covered up by calling trade laws «treaties».

Indeed, Congress is not even permitted to know what is in the laws and is limited to the ability to accept or refuse what is handed to Congress for a vote. Normally, Congress accepts, because «so much work has been done» and «free trade will benefit us all».

The presstitutes have diverted attention from the content of the laws to «fast track». When Congress votes «fast track,» it means Congress accepts that corporations can write the trade laws without the participation of Congress. 

Even criticisms of the «partnerships» are a smoke screen. Countries accused of slave labor could be excluded but won’t be. Super patriots complain that US sovereignty is violated by «foreign interests,» but US sovereignty is violated by US corporations. Others claim yet more US jobs will be offshored. In actual fact, the «partnerships» are unnecessary to advance the loss of American jobs as there is nothing that inhibits jobs offshoring now.
What the «partnerships» do is to make private corporations immune to the laws of sovereign countries on the grounds that laws of countries adversely impact corporate profits and constitute «restraint of trade».

Trojan Horses – The Trans-Pacific Partnership and The Transatlantic Trade and Investment Partnership

For example, under the Transatlantic Partnership, French laws against GMOs would be overturned as «restraints on trade» by law suits filed by Monsanto.

• OREGON OUTLAWS MONSANTO: OREGON JOINS AUSTRIA, BULGARIA, GERMANY, GREECE, HUNGARY, IRELAND, JAPAN, LUXEMBOURG, MADEIRA, NEW ZEALAND, PERU, SOUTH AUSTRALIA, RUSSIA, FRANCE, CHINA, AND SWITZERLAND IN BANNING GMOS

Cigarette companies can sue for warning labels on cigarette packs, because these labels discourage smoking and thereby constitute «restraint of trade».
Efforts to control environmentally damaging emissions would also be subject to damage suits brought by corporations. Under TTIP, corporations would be compensated for «regulatory takings», the corporate designation of environmental protection. Of course, this means taxpayers would have to pay damages to the polluting corporations.
Countries that require testing of imported food, such as pork for trichnosis, and fumigation would be subject to lawsuits from corporations, because these regulations increase the cost of imports.
Countries that do not provide monopoly protection for brand name pharmaceuticals and chemical products, and allow generics in their place, can be sued for damages by corporations.
Under TTIP only corporations can sue. Unions cannot sue when their members are harmed by jobs offshoring, and citizens cannot sue when their health and water supplies are damaged by corporate emissions.

NWO CZAR OBAMA

THE ILLUSTRATED PROTOCOLS OF ROTHSCHILD’S ZIONISM: HANDBOOK OF OBAMA FOR NWO

Obama himself has no input into the process. Here is what is going on: The Trade Representative is a corporate stooge. He serves the private corporations and will go on to a million dollar annual salary. The corporations have bribed the political leaders in every country to sign away their sovereignty and the general welfare of their people to private corporations. Corporations have paid US senators large sums for transferring Congress’ law-making powers to corporations. When these «partnerships»pass, no country that signed will have any legislative authority to legislate or enforce any law that any corporation regards as inimical to its bottom line.
Yes, the great promiser of change is bringing change. He is turning Asia, Europe, and the US over to rule by the corporations. America’s First Black President is proving himself to be the Uncle Tom of the corporations. Any and everything for the plantation owners and nothing for the slaves.
Only those who have sold their integrity for money sign these agreements. Apparently Merkel, a Washington vassal, is one of them.
According to news reports, both of France’s main political parties have sold out to the corporations, but not Marine Le Pen’s National Front Party. In the last EU elections, the dissident parties, such as Le Pen and Farage’s, prevailed over the traditional parties, but the dissidents are yet to prevail in their own countries.

Marine Le Pen

Marine Le Pen objects to the secrecy of the agreements that establishes corporate rule.

As Europe’s only leader, she speaks:

«It is vital that the French people know about TTIP’s content and its motivations in order to be able to fight it. Because our fellow countrymen must have the choice of their future, because they should impose a model for society that suits them, and not one forced by multinational companies eager for profits, Brussels technocrats bought by the lobbies, and politicians from the UMP [party of former president Nicolas Sarkozy] who are subservient to these technocrats».

It is vital that the American public also know, but not even Congress is permitted to know.
How does it work, this «freedom and democracy» that we Americans allegedly have, when neither the people nor their elected representatives are permitted to participate in the making of laws that enable private corporations to negate the law-making functions of governments and place corporate profit above the general welfare?
Strategic Council Foundation

Memories Of History: When The People Get Fed Up!

Dinar— Chronology 7.13.2014

One of the best descriptions of the revalue process I have read.  A long, but very interesting read. Copied from Dinar Iraq & Dong Vietnam. Hopefully, here I will explain why the Iraq Dinar revaluation was  designed in the first place. This is based on a historical view of  what has happened the last two decades. Some may read this  and say “no way” and that is OK. My goal is to properly inform you why we are, where we are, with the speculative  investment called the Iraqi Dinar. Also it may be an eye opener to many on how  governments do what they do. To tell the full story, I would have to write a book,  so I will try to condense as much as possible to bring the main points to life. Understand, my writings are my view from all that I have gathered.  I am sure some will deny this is or could be the truth. During the term George Bush, Sr. was president, a group of people  who have more power than any one government saw the way our  country was going to be financially in the next ten to twenty years. Due to the way we allowed financing to be done, the way mortgages were done, it would cause our monetary system to fail in years to come. It would cause millions to be without jobs, to lose their homes, allow millions to be in a position not be able to feed their families. Sound familiar? The time frame they saw back then would be from five years ago to our present time. They saw that we were going down a path where we would be spending more than we could pay. United States as we know it would self destruct. From this, they had to do something that could change the course of events, otherwise, we would financially destroy ourselves. If it wasn’t for what they did, we would have. But what they did,  will change the course of events just temporarily, until a more  permanent fix could be implemented. The more permanent fix  was, and is, a one world currency. But not to get ahead of myself,  let me tell the story as I know it. In order to fix a soon to be financially broken country, they needed  to “use” a country that had all of the right “perks” that could be  basically crushed and rebuilt, which would cause a new currency  to be developed and then revalued. From this, the monies profited  from this could fix the debt that would soon swallow the country if not corrected. So, they saw that Iraq had all the “perks” needed to be the “fix”. But how to get Iraq in a position to where this could happen? This group I mentioned earlier, that has more power than any one country government,  paid Saddam Hussein to invade Kuwait. This provided the opportunity to go into  Kuwait and drive Iraq out. Having Iraq invade Kuwait, provided the event to oust Iraq from Kuwait which meant  Kuwait needed a new currency and then revalue their currency. This in turn, caused the United States to have a large surplus during the Clinton  administration as the profits obtained from Kuwait revaluing their currency. How that happened is when Iraq invaded Kuwait, they took their currency. So when  we came into Kuwait, we had the UN devalue the Kuwait currency so Iraq could not  buy weapons with it. Once, Iraq was removed from Kuwait, we had the UN create a  new currency and re-implement the previous value to it. The United States took Kuwait dinar as payment before the revaluation. When it  revalued, the US made a huge profit causing a surplus for our country during the  Clinton administration. Now that is what happened that led to us invading Iraq, later stating they had  “weapons of Mass Destruction”, which many found out later were never there.  It was a term used for US to gain access to invade Iraq, so the same scenario  could take place once again like it did in Kuwait so the US could make a huge  profit and cure the deficit we created. The big difference is, it also provided us with a new ally in the Arab world that sat  right next to Iran. In addition it allowed us the position to create a democratic Arab  nation that in time would replicate itself throughout the Arab world. We see this  happening now in Yemen, Libya, and other Arab countries. But the main reason as  we already know, is it gives us a stronghold on the oil situation in the Arab community. Once we invaded Iraq, overthrew Saddam and freed Iraq from its dictator, we now  had to rebuild Iraq. Like Kuwait, but drastically different. Why? Kuwait was already  established as a democratic country. All that was needed there was to re-establish  their dinar value after creating a new currency. With Iraq, it had to be rebuilt from scratch. We had to assist them to form a government through electoral process. We had to rebuild their electrical and water grids. Had to rebuild their roads and highways. Not to mention their oil pipelines and  pumping stations. Unfortunately, there were some drawbacks that was not foreseen, such as no one in  Iraq had trusted each other for hundreds of years. So to create a government where the people of Iraq could trust, took many years, and to this day is still not completely functional as you can see with the continuous feuding between blocs such as Maliki  and Allawi. Both think they should be Prime Minister and both think their way is the only way.  It took over 9 months for Iraq to have a semi-functioning government that could start  passing laws. By their constitution, every law to be passed must be read three times in Parliament,  allow any Parliament member to tear it apart before it can be passed and become  law. So, the rebuilding took much longer than Kuwait. Kuwait, 3 years, verses Iraq,  11 years and counting. When we invaded Iraq, we did the same thing – have the UN devalue the Iraq currency  to zero, invaded, ousted the dictator, then printed a new currency, and now we are  in the process of re-valuing the currency. This is the part that makes you and me money. When the new currency was printed  in 2003, the US spent $500 billion dollars to print new Iraq dinars, when printed, we  took some of the new dinars as repayment for the $500 billion spent. This was in the amount of billion/trillions of dinars which are tucked away, awaiting  the revalue. When Iraq re-values its currency, many feel it should be closely aligned  with Kuwait which is currently around $3.64 to 1 Kuwait Dinar. When this happens, the US will say, OK Iraq, I have all these trillions of Iraq Dinars I want to cash out. There will be more than enough to pay off our national debt if it is  chosen to be used in that way. In addition, the millions of US citizens that will cash out their dinar, will create millions of jobs, because those who are now wealthy will end their employment. Businesses will prosper due to millions buying things. Real Estate will prosper, banks  will prosper and IRS will prosper. All will benefit from this. But, during the process of this being about us, things changed. Different countries who modeled our way of doing things also started tanking and before the Iraq Dinar  could re-value it was stopped and the purpose for Iraq re-valuing had to be changed  from a US fix to a global fix, which is where we are now. At this point we have over 140 countries needing the Iraq Dinar to be the fix. The global financial situation continues to grow into a gigantic world overhaul, which many presume was the purpose from the beginning. Hence, the one world currency which is still yet to be a threat by that same group which is more powerful than any one country. So today, we have Iraq finalizing the Erbil (governmental power sharing agreement) which will be the immediate fix for the HCL (hydrocarbon law, which divides the profits of oil revenue to the different states of Iraq) as well as completing the passing  of the law of the 2012 Parliament Budget. What is important about the 2012  Parliament Budget being passed is the re-value is in this budget. Now that you have been updated as to how the events took place to make this happen, let’s go into why it will happen. During Saddam’s reign he created a massive debt to many countries. Owing billions of dollars to many. Once we got him out of power and started rebuilding Iraq, we had to get these countries to not go after the profits Iraq would make on their oil. Understand, Iraq has the 3rd largest oil reserve in the world, and soon to be the leader in oil reserves. Saudi Arabia is 1st and Canada is 2nd. I know, you are surprised  that Canada is 2nd. I was too. Anyway, to get the countries that Saddam owed to not come after the oil profits, we, as in the UN (United Nations) and IMF (International Monetary Fund) froze Iraq Oil Profits and kept the countries that Saddam owed from gaining access to it. Eventually we worked out with them to trade in exchange for Iraq Dinar that was now worthless if they would forgive Iraq of their debt to them. Well, eighty percent forgave the debt owed to them completely in trade of a presently worthless new Iraq  Dinar and the other twenty percent forgave over eighty percent of the debt owed to  them in exchange for the new worthless Iraq Dinar. Makes you go hmmmmm. Now we have many countries around the world holding the new Iraq Currency that presently is worthless. Why would they go for this? Well, they know that in time, it will be worth what it used to be, $3.22 per dinar or most likely, more. So, we have many countries that will not allow this to fail because they are holding a lot of Iraq’s new currency. We have a country (Iraq) that is pulling more gold out of their ground per day, than they are pumping oil out. Which was just found a couple of months ago, right under the streets of Baghdad. Funny thing is, they was trying to fix their rain water runoff  when they discovered this. Now, they already had tons of gold in storage. So we now know they have massive amounts of oil, natural gas, and gold. They also have the most fertile ground for agriculture along the Euphrates river. At one time, Iraq was the number one producer of grain in the Arab nations, and will be  again. So Iraq has the ability to cover the re-valuation of the Dinar just in assets alone but that is not how they will cover the re-evaluation. Here is the cash out process. (IMO) When Iraq re-values their currency they will have to set a rate of exchange for it. They will do this through their “Federal Reserve” they call the Central Bank of Iraq (CBI), their website is www.cbi.iq . Once this rate is set, we go to our local bank, probably one of the main four of either Chase, Bank of America, Wells Fargo or Citibank (the same banks that right now say  they will not cash out Iraq Dinars, because it’s not a tradable currency at present). They, will most likely want to give you a little less than what the CBI states the value  is and this is called a spread, which is a percentage or profit margin the bank will  make to do the exchange (unless you group with other dinarians and bring the bank an amount that will make them go WOW!l). I’ll explain more on this later. Let’s say for example their spread is 1%. What this does for the bank is, the amount of cash, that you make from this exchange, that goes into their bank, will be used in  a term called fractional banking. This means that they can now loan money out, ten  times, what you put in the bank. So it gives the bank money to make money (Fractional Banking). The bank will take your Iraq Dinars, give you dollars in your account, then send the Iraq Dinars to the United States Treasury (UST). The UST will give the bank the money either virtually or wire transfer the amount the CBI rate is. The UST now either sends Iraq the dinars or tells Iraq, they have this much Iraq Dinar, and in turn  Iraq will give USA oil credits at $35 a barrel of oil (This has already been agreed upon and is in the records). Now, the USA can either take this $35 a barrel of oil and use it here or it can resell  it for $100 a barrel or more to other countries. If they sell it, they just tell Iraq send  200,000 barrels of our oil to Germany for example. Now, you have been paid, the bank has been paid and UST has been paid. Iraq cost to get a barrel of crude oil out of the ground is around $13. So, Iraq now has made a profit of each barrel of USA sold oil of $22. In essence, it does not cost Iraq anything to cover the cost of the re-value (RV). Actually they made money by re-valuing their currency! If this does not drop your lower jaw then I don’t think anything will. A well executed plan to not only fix USA’s debt problem, cover many other countries  debt problem but also, place us in a position in the Arab Nation where we can indirectly control the western hemisphere, as well as get rid of the remaining countries dictators which will bring peace to the world all in one fell swoop!

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Eagle1: “The Impending Global Reset” from KTFA 6-2-14

06/02/2014

Eagle1 » June 2nd, 2014, 4:09 pm 

THE IMPENDING GLOBAL RESET

Good Afternoon, Family:

First of all, a lot of folks have questioned my absence from the Forum. Because I have not had anything solid that I could hang my hat on, it seemed rather redundant to speculate on a lot of what has been referred to in the various blogs as “hopium.” I’m not interested in “hopium” and I don’t want to spread rumor.

I’ve been caught in the past making assumptions based on incomplete data, and don’t want that to happen again. For that reason, what I share with you today will be somewhat cautious.

Many things are taking place behind the scenes which lead us to the inescapable conclusion that we are actually seeing the unfolding of the Global Currency Reset.

This is a process, folks; it is not a simple push of one button. There are — based on my sources — not less than twelve individuals who are directly involved in the process whose approval is required and is sequential to the final release to the general public.

There has been a considerable amount of testing, glitches, human error and re-testing which has occurred in the months (and even past two years) leading up to our present status. I am not at liberty to share certain facts and events simply because it would jeopardize some of my sources.

Let me back-track for a minute and repeat something which I have shared in the past. We have a two-step process in the works. The first step is what the international banking community is referring to as “a general RV.” This amounts to a first-stage release of all of the major revaluing currencies, among which we all know includes the IQD, the VND, the IDR and a fistful of others which are increasing in value.

What this DOES NOT include are currencies that are dropping significantly in value, such as the USD, the EUR, the GBP and roughly a hundred other currencies.

The second stage is what we refer to as the Global Currency Reset. We call it a reset because it amounts to a restructuring of currencies based on real value, backed by gold and other tangible assets or commodities with real, exchangeable value.

Because there are not less than a hundred currencies that have been over-valued and have continued to print “funny money” (fiat) in order to pay their bills, it has created a global economic crisis which has reached the point of global collapse.

As we have noted — and Frank continues to emphasize — the IQD is the “base currency” for this process. A number of nations whose currencies are expected to increase hold — in some cases — a significant amount of Dinar. Because the Dinar is the only 100% gold-backed currency in the world, it becomes the lynchpin for the “general RV” and the GCR.

There is one other missing element to the Global Reset that I need to address, and that is the fact that the published debt figures you see by the United States and other nations are not true figures. They do not take into account debt which was accumulated during wars of the 1700′s and 1800′s which have been ignored, and for which gold-backed bonds were issued in order to temporarily satisfy the debt-holders. The U.S., for example, has a true debt which exceeds $100 Trillion.

These gold-backed bonds are indeed gold-backed, and if I were to share with you the actual value of these bonds (and the gold that stands behind them) your eyes would spin! Suffice it to say that the GCR has been designed as a means to repatriate these bonds, satisfy debt that goes back well over a century, and put the global economy back on sound financial footing.

Without the actual revaluation of currencies backed in many cases by these bonds, there simply would not be enough money to go around.

Within the past couple of weeks, trillions of dollars of these bonds have been repatriated, funded, and made available to back the Global Reset.

When the actual exchange value of the IQD or the VND (just to name two popular examples) is released, I believe that many folks will be both astonished and pleased.
I will remind you also of a statement that Acting Governor of the CBI, Abdul Basset Turki, made some two years ago when he said (and I’m paraphrasing him), “When the public sees the release of the actual value of the Dinar, they will be shocked!”

Obviously the two most often asked questions are, “What’s the date?” and “What’s the rate?” of the RV? That’s not something I’m going to talk about with any specificity since — while I’ve been given some actual target numbers by the IMF — everything is fluid until the actual release.

The behind-the-scenes numbers for the Dinar, for example, have varied by more than a dollar. Those same numbers for the Dong have varied by as much as 40 cents. With that in mind, it is foolish for me to quote numbers when we haven’t seen the actual release yet, and change is still in the works.

Over this past weekend, we have seen more than a dozen currencies go through some pretty radical changes behind the scenes.

While those changes are not yet reflected on the FOREX sites we see, we believe that these changes portend an imminent public release since they are a part of this overall Global Reset.

I’m not going to give you a hard date for things to be released. What I’m going to say is that we expect to see ongoing changes during the next two weeks — changes that should become public as they occur.

Be encouraged, folks! We really are near the end of this ride!

The last thing I need to say — and I’ve said this before — is that this whole RV/GCR is a God-driven event, and its purpose is to release what some of my prophetic friends refer to as “The Bride’s Revival!” Most folks know it as “The Last Great Harvest” of souls preceding the return of the Lord Jesus Christ.

If your primary purpose and objective is to satisfy your own needs, wants and desires — never mind what the Lord has in store — you will most likely lose out. If your number one objective is to see that Jesus Christ receives His inheritance in His people, then prepare to be blessed! Blessings on you.   Eagle1

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DINAR IRAQ & DONG VIETNAM POST

DINAR IRAQ & DONG VIETNAM POST

DINAR IRAQ & DONG VIETNAM POST, 26 MAY

First I want to point out the statement RI/RV. RI represents a Reinstatement of the IQD, which means Iraq would reinstate the Dinar back to per-Saddam value of $3.22 USD to $1.00 IQD.

 An RV represents a Revalue of the Dinar meaning that they will give their currency a higher value than it once had before the IMF gave them a program rate in the beginning of the Saddam take over, with minimum $1 rate to eliminate dollarization problem in the country. 

Along with that only 8% of the global population is invested in IQD. By design, the entire global population cannot know about this and take part because Iraq could not cover that many people being involved. 

Nor do they have enough IQD for everyone to own some. Just as any country, Iraq knows exactly how much currency they have printed.

 So to curve speculators Iraq and other governments around the globe have put out false information and propaganda to steer the attention away from what is happening. However, for this to work for the global economy, Iraq and the IMF needed a certain amount of speculators,you and me to accomplish two things.

First Iraq needed us to hold the rate of the IQD stable once they got rid of the Saddam currency and put their original IQD back out there.

 We made it stable by purchasing it through currency exchanges. The daily auction Iraq has been having is to establish a rate and then show the IMF they can hold it stable. The IMF needs a certain amount of speculators; you and me, to boost the economies around the globe, by spending our new found wealth once all is done and Iraq adjust their currency. 

Just imagine the impact it is going to have on the US economy when over 3 million new millionaire’s start spending their new found wealth on housing, cars, and goods. 

That is not to mention the relief the US Government will realize from the estimated 7 trillion IQD they hold in the US Foreign Currency Reserves, as well as all of the taxes they will be collection from you and me and this is going to happen in every country on the globe. 

You start to understand the magnitude and the full breath of the PLAN…

Posted by FORO DINAR GURUS at 1:31 PM

The American Dollar Is Dumping Vietnam    The American Dollar is Dumping Vietnam  By JC Collins May 16, 2014    And Why That’s A Good Thing   Not long after landing in Vancouver and leaving the airport we came upon a small protest along Granville Street.  Vietnamese Canadians held signs demanding that China stop the invasion of their homeland.  There was a lameness about it as no one appeared to care or give it much attention.  In fact, there was a level of irritation over the slowing of traffic and blocking of local business. ~~~ We were in Vancouver for the 2014 Canadian Institute of Mining Convention.  Every year the mining industry in Canada gets together to share technological advancements and industry knowledge.  The CIM attracts national leaders and businesses from within Canada and abroad. This year there was a strong contingent of Chinese businesses looking for national distribution of their products and services.  They stuck together in one area of the convention and didn’t seem to attract much attention outside of the odd curious passerby.  They were very cheerful and welcoming to those who ventured within speaking distance. My interaction with them was very friendly and kind.  They left a happy impression. The Chinese have developed everything from large mining shovels to underground mining equipment.  The quality of some of the products was obviously lacking.  But the drive to succeed and improve was evident.  There is a level of enthusiasm about them that the western mind has seemed to have forgotten. All success begins with enthusiasm. This is the same drive and determination which the Vietnamese have shown in their push to modernize and rebuild their country after the Vietnam War. In the post Why the Vietnamese Dong Will Reset we covered this drive and the strategies which Vietnam utilized to export products and services under constant U.S. sanctions.  But there is more to the story. It is encouraged in the western world to say that the United States lost the war in Vietnam. Though the media presents the so-called facts as a withdrawal, the slant in presentation along with the manufactured alternative medias proclamations of American defeat are clear. Like other areas of economics and geopolitics which we discuss here, defining wars in simplistic terms of winning and losing is nonsensical and detrimental to a full understanding of current and historical events.  Wars are never about winning or losing but about gain. Since two cavemen fought with sticks over a water source, no war has ever been fought for ideological or humanitarian reasons. Every war in the history of the world has been over economics.  It is recognized that economics are an extension of the human survival instinct. The Vietnam War was about the hunt for WW2 gold and the securing of resources.  Based on this filter, the United States got exactly what it wanted from the war. It is common knowledge for most readers that the U.S. dropped the dollars anchor to gold in 1971 so they could continue printing more fiat currency.  It is also common knowledge that the creation of the petrodollar also facilitated this process. So with the Paris Agreement on January 27, 1973, during the time period when the petrodollars status was being secured, the American congress cut funding to South Vietnam, in essence handing them over to the North.  The last American troops left Vietnam on Mar 29, 1973.  Saigon finally fell to the North on April 30, 1975. So what was it about the Paris Agreement which encouraged congress to cut funding to the south? Securing the status of the petrodollar was accomplished by forcing or getting all energy exporting countries to sell their energy in dollars.  North Vietnam was heavy in coal and the off-shore oil fields still needed to be further developed. The Paris Agreement covered both the coal and oil exporting capabilities of Vietnam and ensured that exports would be completed in U.S. dollars.  This was the goal of the American interests which encouraged the war from the beginning. North Vietnam sold out to the dollar in return for gaining political control over the South.  Communism was never the real threat, but only the manufactured “problem” component of the Hegelian Dialectic.  Ideologies were designed and used that way intentionally.   It has been so since the French Revolution. Since the fall of Saigon, energy production in Vietnam has increased by 10% annually.  All sold in U.S. dollars. Though there have been variations in Vietnams energy exports over the years, they still remain one of the most pro-American countries in Asia. The dollar is primarily used within Vietnam as the dong has been intentionally devalued by the State Bank of Vietnam to encourage an influx of American inflation. The fact that China is now setting up an oil rig in Vietnams Economic Zone is very telling of the move away from the dollars reserve status and towards a multilateral reserve currency system.  As reported previously, Vietnam has been slowly and quietly decreasing their dollar reserves and increasing their SDR reserves. Like in the Ukraine, the Hegelian Dialectic is also playing out in the South Pacific.  When we see China sending naval ships to secure and enforce its position in the new and emerging paradigm, and no response from America other than “we take no position on China’s disputes in the China sea“, how are we to interpret that when displaced by the obvious contradiction being displayed in the Ukraine? The answer is because it is designed that way.  The stage drama is unfolding as planned and the end game is the removal of the dollar as the world’s primary reserve currency. Awhile back I stated that Russia is playing the bad guy and China is quietly left out of the negative media game because it will facilitate the positive component of the transition to the SDR system. This is exactly what can be inferred from the constant negative portrayal of Russia over the Ukraine and the dismissive American response to China’s moves against Vietnam. When I first started this blog I wrote in the SDR’s and New Bretton Woods series that we would see more national protests and civil unrest as the system transitions.  This Hegelian Dialectic component is required in order to move the minds of the masses in the desired direction. Each area in the world where there is tension and unrest are areas where American dollar interests are attempting to maintain a foot hold or areas where those interests are being pushed out to make room for the multilateral reserve SDR. Most of the readers here have already caught on to the fact that the IMF loan to Ukraine was paid in SDR’s as opposed to the traditional IMF loan denominated in dollars.  We can also expect to see more of that as well. Many opponents of what I present here in regards to the SDR system make the case that the BRICS countries will never accept the American dominated institutions of the IMF, BIS and World Bank.  These are not American institutions. They are institutions which were created to control and expand the dollar debt system.  These institutions have controlled the United States and any other country which used dollars. Many times already I have stated that the Bank for International Settlements controls all the central banks in the world.  This includes the central banks of the BRICS countries.  No BRICS bank is going to exist outside of the structure of the new multilateral system.  All will be consolidated and centralized. With each passing week America becomes more isolated from its traditional allies.  Europe is looking less likely to support American sanctions on Russia, and even France is going ahead with a ship deal with Russia.  China, the voice of reason suddenly, is stating their opposition to “unproductive sanctions”. Russia and China are on the verge of announcing a massive energy trade deal which will put the final touches on the dollars removal from its reserve status.  A “substantial statement” is expected from the two countries during meetings in Shanghai on May 20 and 21. During meetings at the CIM in Vancouver with large mining contractors and mine operators the general consensus is that commodity prices have to increase in order for there to be a recovery in the international mining industry. It is expected that a large tech company, say a Twitter, will see a dramatic collapse of its overvalued stock and the money which has poured into the new tech bubble will flee into the more secure investments which actually produce something of real value, say like mining and commodities. But what will it take for commodity prices to increase? There seemed to be a complete unawareness of the dollars current precarious situation and the emergence of a multilateral SDR system.  The western world is still stuck in the dollar mindset. New energy trade deals will blaze the trail away from the dollar and towards the SDR system, after a short stop in regional currencies. One day soon the western world will awaken to the news that oil transactions are now being completed in rubles, yuan, or whatever is agreed upon between two countries, or groupings of countries.  It will be a mess for awhile until the SDR is presented as the solution to the manufactured problem. When the commodities of the world are priced in SDR’s the international mining industry will surge and become recapitalized. Until then we will watch as the stage drama continues to unfold.  Public opinion is being masterfully manufactured. America is signalling its intent to allow Vietnam to be sucked into the Chinese orbit.  They dumped dollar inflation into Vietnam and now they are dumping Vietnam itself. And this is a good thing for the people of Vietnam. After the transition is complete, Vietnam will be even more economically viable as their own currency moves to the forefront of their international energy agreements. The M1 money supply of the dong, as discussed in the New Exchange Rate System, will be consolidated under an SDRM – Sovereign Debt Restructuring Mechanism – and the remaining supply will be anchored to the SDR at an exchange rate which will benefit the Vietnamese people and their economy. The American dollar is dumping Vietnam and that’s a good thing. -JC http://philosophyofmetrics.com/2014/05/16/the-america-dollar-is-dumping-vietnam/