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Now that the legal mumbo jumbo is outta the way...

Friday, February 26, 2010

IMF Proposes New Reserve Currency

http://abcnews.go.com/Business/wireStory?id=9958995

Strauss-Kahn said such an asset could be similar to but distinctly different from the IMF's special drawing rights, or SDRs, the accounting unit that countries use to hold funds within the IMF. It is based on a basket of major currencies.

He said having other alternatives to the dollar "would limit the extent to which the international monetary system as a whole depends on the policies and conditions of a single, albeit dominant, country."

"single, albeit dominant, country" Gee, wonder which country?

This is so far only a proposal. But it fits in with the on-going efforts of globalization. Every country would lose it's sovereignty. Subject to world courts, world legislation regarding food, fuel, water usage, GUNS!!!!

8 comments:

J Cooper said...

Good old Dominique Strauss-Kahn,sounds like a real progressive(_ZZZ_).

I was doin ok with the thread until you said sumthin about guns.EM,do you do that on purpose,just to get me & OTR fired up???

You see,these progressives just don't get it. There are three things you don't mess with.
1)My wife
2)My dog
3)My guns

My wife can be very forgiving.
My dog ,not so much.
My guns,well they are totally intolerant when it comes to progressive (_?_)(_?_)(_?_)s

BTW,what kinda name is Dominique? Sounds like some French stripper in some French piss hole.

butt cheep charlie neckid said...

have we got the monopoly on monopoly money??????

I used it once in Viet Nam......and was she pissed later.....

butt binthere neckid said...

Dominique is now the mamasan of ALI BIN CAMELHUMPIN's juke joint in Djibouti.....or should it be in yo booty....or bootie....aaaaw crap...(_x_) (_?_)

butt wipedtwice't neckid said...

if we print new muney will we have osamabamas pickture on it.....don't squeeeeze the.......

Anonymous said...

.

Ivan said...

:(

Ivan said...

Lots of crazy earthquakes lately too. HAARP working overtime?

http://news.yahoo.com/s/ap/lt_chile_earthquake

butt surfs up neckid said...

crap......I thought I locked the bunker......

IVAAAAAAAAN.....quit foolin' wit' that machine!!!!!!

note to self get surfboard out of garage.........