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Reply #17: of course it's about more, just read TITLE 14 of the house bill [View All]

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szatmar666 Donating Member (532 posts) Send PM | Profile | Ignore Wed Sep-09-09 05:13 PM
Response to Reply #15
17. of course it's about more, just read TITLE 14 of the house bill
it amends the Breton Woods agreement to change the IMF governance for the 1st time since its inception to give more voice to developing countries and it starts the process of replacing the US $ as the world reserve currency with a basket of 4 currencies called an SDR.(44% USD 34% EUR 11% GBP 11% JPY ) This is historic, Obama and the dems put in place some of the most important demands of the anti globalization movement since the 90s and something the US was blocking since 1997 when 80% of the 185 IMF member states already voted for. In other words this is about starting to dismantle the empire: it will ultimately stop pitting american workers against enslaved workers of developing countries.

http://www.govtrack.us/congress/billtext.xpd?bill=h111-2346
http://www.opencongress.org/bill/111-s1054/text
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