🚀 go-pugleaf

freedomtofascism.com wrote:
> On Sat, 23 Dec 2006 17:17:03 GMT, freedomtofascism.com <truth@r.us> wrote:
> 
>>On Sat, 23 Dec 2006 17:06:50 GMT, freedomtofascism.com <truth@r.us> wrote:
>>
>>>On Sat, 23 Dec 2006 10:06:01 -0700, Art Deco <erfc-1024@usa.net> wrote:
>>>
>>>>[screed flushed]
>>>
>>>What precisely causes you to ignore the truth?
>>
>><crickets>
>>
>>The US can be collapsed any time, suddenly without warning.
>>
>>And along with it, Wall Street.
>>
>>Enjoy.
>>
>>http://www.rense.com/general74/report.htm
>>
>>Report - China To Dump 
>>One Trillion In US Reserves
>>Chinese tell visiting Bush administration officials they will not sit back 
>>and lose their shirts as U.S. Dollar collapses; they are getting out fast
>>and large.
>>HalTurnerShow.com
>>12-15-6
>>
>>
>>BEIJING -- Sources with a U.S. Delegation in Beijing have told The Hal
>>Turner Show the Chinese government has informed visiting Bush Administration
>>officials they intend to dump One TRILLION U.S. Dollars from China's
>>Currency Reserves and convert those funds into Euros, gold and silver! 
>>  
>>China was allegedly asked to withhold the announcement until Bullion Markets
>>closed for the weekend to prevent an instant spike in gold and silver
>>prices. This delay will give the world the weekend to consider appropriate
>>actions rather than have a knee-jerk reaction which could see the U.S.
>>Dollar totally collapse in value Monday. 
>>  
>>According to this Senior source, China told the U.S. delegation they no
>>longer have faith in U.S. Currency for several reasons: 
>>  
>>1) The Federal Reserve Bank ceased publishing "M3" data in March, making it
>>nearly impossible for anyone to know how much cash is being printed. China
>>said this act made it impossible to tell how much a Dollar is worth. 
>>  
>>2) The U.S. Dollar has lost upwards of thirty percent (30%) of its value
>>against other foreign currencies in the recent past, meaning China has lost
>>almost $300 Billion simply by holding U.S. Dollars in its reserves. 
>>  
>>3) The U.S. has no plans whatsoever to reduce deficit spending or ability
>>pay down any of its existing debt without printing money to pay it off. 
>>  
>>For these reasons China has decided to implement an aggressive sell-off of
>>U.S. Dollars before the rest of the world does so. China reportedly told the
>>US delegation; "we are the largest holder of U.S. Currency and if the rest
>>of the world unloads theirs before we unload ours, we will lose our shirts."
>>  
>>Early this week, in an unusual move, the Bush administration sent virtually
>>the entire economic "A-team" to visit China for a "strategic economic
>>dialogue" in Beijing Dec. 14 and 15. 
>>  
>>Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke
>>lead the delegation, along with five other cabinet-level officials,
>>including Secretary of Commerce Carlos Gutierrez. Also in the delegation is
>>Labor Secretary Elaine Chao, Health and Human Services Secretary Mike
>>Leavitt, Energy Secretary Sam Bodman, and U.S. Trade Representative Susan
>>Schwab. 
>>  
>>The Bush administration wanted to get China's cooperation in preventing a
>>dollar collapse. The Hal Turner Show has been told the effort failed. 
>>  
>>According to the source, Fed Chairman Bernanke left the meeting "pale and in
>>a cold sweat" as the implications of China's decision seemed to sink in. 
>>  
>>The implications are enormous: The U.S. Dollar is likely to collapse in
>>value against all other major currencies as early as Monday, December 18. 
>>  
>>This would cause a worldwide sell-off of dollars, create almost immediate
>>"hyper-inflation" in the US and also impact world markets at a level "worse
>>than the Great Depression of 1929." 
>>  
>>Arabs to the rescue? 
>>  
>>In a strange twist of fate, Arabs and OPEC may come to the rescue of the
>>U.S.! 
>>  
>>Senior officials in OPEC made clear that they too would be severely harmed
>>if the U.S. Dollar collapsed, and hinted they "would not be inclined to sell
>>oil to any particular nation that intentionally caused such a collapse." 
>>  
>>This was a thinly veiled threat to China, which depends heavily on OPEC oil
>>for its rapidly developing energy needs. 
>>  
>>The OPEC officials even went so far as to say "Since China lacks the ability
>>to project their military power, OPEC nations need not worry about any
>>Chinese military response to an oil cut-off." 
>>  
>>Such brutally candid remarks will not sit well with China; and signal
>>ominous things for the U.S. . 
>>  
>>Arabs and OPEC will want something in return for saving the U.S. from
>>economic collapse and it is already widely speculated what they want will be
>>a complete change in U.S. backing of Israel in the Middle East. 
>>  
>>If such demands are made by the oil-rich Arabs, the U.S. would be left with
>>little choice but to virtually abandon the jewish state to preserve itself. 
>>  
>>  
>>UPDATE - 10:18 PM 12-14-6 
>>The Washington Post confirms. . . . 
>>'US, China Clash On Currency' 
>>  
>>  
>>UPDATE - 12:07 AM EST  
>>Saturday, December 16, 2006: 
>>  
>>Additional sources, one in the U.S. Commerce Department and another in the
>>US Treasury have confirmed the initial report above and referred me to
>>another, Third, source in the Pentagon. 
>>  
>>Both the Commerce and Treasury Sources report that while China will not be
>>able to simply trade their Dollars for other paper currencies, they will
>>spend their U.S. Cash on commodities such as gold, silver and Rhodoium as
>>well as military hardware; ships and planes, placing large orders and paying
>>for those orders with the one point one trillion in cash dollars they
>>possess. 
>>  
>>Extreme Military Concern 
>>  
>>In speaking with the contact at the Pentagon, I am able to now report the
>>Pentagon views this currency-killing as a cunning military aspect to Chinese
>>plans: 
>>  
>>The Pentagon says that while China has a 2 Million man army, they lack the
>>logistics and heavy lift capability to move that army and supply it. They
>>can, however, get that military to South Korea and to Japan. 
>>  
>>The Chinese see that the U.S. Military is over-stretched and almost
>>exhausted by its globe trotting Commander-In-Chief. They feel that by
>>intentionally destabilizing the dollar, the U.S. economy will fail, putting
>>tens of millions of Americans on the unemployment line and putting
>>unbearable pressure on the US Government. 
>>  
>>Then, with the U.S. economy in shambles and its manufacturing base eroded by
>>a steady stream of manufacturing plants moving out of the US., the American
>>government will be too occupied with troubles at home to do much
>>internationally. America will be in no position to challenge China, allowing
>>the Chinese to act militarily elsewhere in the world;  
>>  
>>Further, if the U.S. attempted to intervene against any Chinese military
>>action, the only plant in the world which can manufacture the specialized
>>gyros needed for U.S. Cruise Missile guidance systems, is now located in. .
>>. . .China. 
>>  
>>China could prevent that plant from shipping to the U.S., and once our
>>arsenal of cruise missiles was depleted, it would take a long time to
>>re-tool a plant to make more gyros and resupply cruise missiles for battle.
>>The Chinese feel they could accomplish certain military goals before the
>>U.S. could re-tool. 
>>  
>>They are also confident the U.S. will never "go nuclear" as long as the U.S.
>>itself is not attacked. 
>>  
>>The Pentagon source went so far as to say "Even if China was to lose the
>>entire one trillion in cash to a collapse of the Dollar as a currency, they
>>will have succeeded in taking the U.S. off the world stage as any type of
>>effective military or economic power -- without firing a shot!"  A 'classic'
>>Sun Tzu paradigm of victory - the art of fighting, without fighting. 
>>  
>>The crippling of the US is a highly desirable military benefit for China at
>>a relatively cheap price since it will leave their human capital and
>>infrastructure assets in place; assets they know they would lose if a hot
>>war erupted with the US.  
>>
>>
> Notice the crickets!

Can we help not?
-- 
ah