Replacing The Dollar – It’s Just A Matter Of Time

The calls to replace the American dollar as the global reserve currency have taken place for sometime, but the voices have been raised from a suggestive whisper to a demanding shout.

It is going to happen, it’s just a matter of time.

NYT

SHANGHAI — In another indication that China is growing increasingly concerned about holding huge dollar reserves, the head of its central bank has called for the eventual creation of a new international currency reserve to replace the dollar. […]

On March 13, China’s prime minister, Wen Jiabao, said he was concerned about the safety of those assets, particularly because huge economic stimulus plans could lead to soaring deficits in the United States, which could sink the dollar’s value.

Should China lose its appetite for Treasuries, the United States’ borrowing costs could rise, making it more costly for Washington to carry out economic stimulus packages and for Americans to pay off their mortgages.

Reuters

LONDON (Reuters) – A push by the world’s leading emerging economies to dislodge the dollar as the dominant global reserve currency appears to be gaining momentum even as a weakening greenback adds further urgency to the discussion.

Moscow Times

The Kremlin published its priorities Monday for an upcoming meeting of the G20, calling for the creation of a supranational reserve currency to be issued by international institutions as part of a reform of the global financial system.

The International Monetary Fund should investigate the possible creation of a new reserve currency, widening the list of reserve currencies or using its already existing Special Drawing Rights, or SDRs, as a "superreserve currency accepted by the whole of the international community," the Kremlin said in a statement issued on its web site. […]

The Kremlin document also called for national banks and international financial institutions to diversify their foreign currency reserves. It said the global financial system should be restructured to prevent future crises and proposed holding an international conference after the G20 summit to adopt conventions on a new global financial structure.

 

Taliban To Obama, ‘No Moderates In Our Ranks’

Last weekend President Obama made it know that he was entertaining the idea of talks with the “moderate” wing of the Taliban in Afghanistan.

This is simply evidence that not only is Obama winging it on the economy, he plans to wing it so far as foreign policy as well.

Moderate Taliban?

Talks with terrorists, mass murderers?

President Obama was rebuffed by the Taliban Tuesday.

Sindh Today

The Taliban has squarely rejected US President Barack Obama’s call for negotiating with its ‘moderate’ arm to bring the ‘War on terror’ in the region to end.

Qari Mohammad Yousuf, a representative of the Taliban had the following to say:

This does not require any response or reaction from us as this is illogical […]

The Taliban are united, have one leader, one aim, one policy.I do not know why they are talking about moderate Taliban and what it means

 

Hitting The Ground Running And Placing Lives In Danger

Barack Obama has wasted no time issuing Executive Orders, to date those orders place real human lives in harms way.

The Obamanation is quickly taking shape.

 

We all know about the the closing of Gitmo.

The White House

By the authority vested in me as President by the Constitution and the laws of the United States of America, in order to effect the appropriate disposition of individuals currently detained by the Department of Defense at the Guantánamo Bay Naval Base (Guantánamo) and promptly to close detention facilities at Guantánamo, consistent with the national security and foreign policy interests of the United States and the interests of justice

Related to the closing of Gitmo, this bit of news

NY Times

The emergence of a former Guantánamo Bay detainee as the deputy leader of Al Qaeda’s Yemeni branch has underscored the potential complications in carrying out the executive order President Obama signed Thursday that the detention center be shut down within a year.

 

ABC is reporting that president Obama will sign an executive order rescinding the Mexico City Policy.

ABC News has learned that later today President Obama will sign an executive order overturning the “Mexico City policy,” which prohibits nongovernmental organizations that receive international family planning assistance through the U.S. Agency for International Development from providing or actively promoting abortion as a method of family planning in other countries.

 

The Truth Of Hamas, In Their Own Words

The following video is a presentation of MEMRI a group which does an absolutely excellent job of bringing Middle East media to the rest of the world, allowing us to judge the nations and the religiosity of the region for ourselves.

In case you are not wanting to watch the whole of the video of I have made a transcription of the various clips within the video. I think it is important that every person knows what is being taught and told to Muslims around the world. By conducting a little personal research it is easy to determine that statements such as you will see in the video are not a peculiarity of Hamas only.

The rhetoric is wide spread and readily received. I would like not to think that the majority of Muslims believe the type of preaching that comes from Hamas and similar groups, but the more I look at the media from Islamic nations the less I believe the claim that Islam has been hijacked by a minority of radicals.

That is something I suppose each individual person can decide upon for themselves for the time being, I suspect that the truth of it will be known sooner or later.

The transcript is posted below the video.
HT: Little Green Footballs

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Clip 1:
Therefore, we in Hamas, and I think most of the (other) forces,(say) loud and clear that after December 19, 2008 the tahdiah will end, and will not be renewed.
Khaled Mash’al Hamas Leader Al-Quds TV aired on 12.29.08

Clip 2:
Very soon, Allah willing, Rome will be conquered, just like Constantinoble was. Today, Rome is the capital of the Catholics, or the crusader capital, which has declared it’s hostility to Islam, in order to prevent the reawakening of Islam. This capital of theirs will be an advanced post for the Islamic conquests, which will spread through Europe in its entirety, and then we will turn to the two Americas, and even Eastern Europe.
Yunis Al-Astal
Hamas MP and Cleric
Al-Aqsa TV (hamas/Gaza) 4.13.08
Clip 3:
Allah willing, “you will be victorious,” while America and Israel will be annihilated, Allah willing. And kill them all, down to the very last one.
Sheik Ahmad Bahr
Palestinian Legislative Council
Acting Speaker
Sudan TV, Channel 4 (Iran) 6.15.07
Clip 4:
Oh Americans, Allah will punish you. The time has come for Allah to declare war on you, oh usurers!
Ismail Haniya
Hamas PM
Al-Aqsa Tv (Hamas/Gaza) 10.15.08
Clip 5:
We have come here to say, as we burn the American flag, with the grace of Allah, we salute the resistance in Afghanistan, which humiliates the American army, the army of Bush, by the grace of Allah.
(chants of “death to Israel”, “Allah Akbar”, “death to America”, “Allah is greater than America” “Hamas will continue to be a mark of light at the head of the entire world”)
Mushir Al-Masri
Hamas MP
Al-Jazeera TV (Qatar) 1.14.08

Clip 6:
I will kill you, Bush, because that is your fate.Ahhh, I killed him.
Children’s puppet show, Al_aqsa TV (Hamas/Gaza) 3.31.08

We will wipe out the people of Zion.
Child speaking on Al-Aqsa TV (Hamas/Gaza) 12.3.07
Clip 7:
That by the grace of Allah, killing a single Jew is the same as killing 30 million Jews.
Fathi Hammad
Hamas MP
Al-Aqsa TV (Hamas/Gaza) 9.29.08
Clip 8:
As Muslims, our blood vengeance against them will only subside with their annihilation, Allah willing.
Wael Al-Zarad
Hamas Cleric
Al-Aqsa TV (Hmas/Gaza) 3.25.08

Clip 9:
The annihilation of the Jews here in Palestine is one of the most splendid blessings for Palestine.
Muhsen Abu ‘Ita
Hamas Cleric
Clip 10:
Yes, Allah is greater than America. Allah is greater than the super powers. We say this to the west, by Allah you will be defeated. Today, the Arab and Islamic nation is rising and awakening. It will regain the leadership of the world. (The audience chants; “death to Israel”, “death to America”)
Khaled Mash’al
Hamas Leader
Al-Jazeera TV (Qatar) 2.3.06
Al-Aqsa TV (Hamas/Gaza) 10.15.08

 

You Cannot Trust The Media Coverage Of Israel/Gaza

Yesterday I posted on Little Bit Tired, Little Bit Worn an entry entitled Pallywood.

Basically it demonstrates how news from the Palestinian areas should be automatically considered suspect as it is a known fact that much of the video footage coming from the area is staged and in fact scripted.

This post is meant to further that point.

The following image was recently used by various media outlets to show the carnage of an Israeli IDF strike on a civilian market in Gaza on 1.01.2009.

lie

The fact of the matter is that this image is from 8.23.2005 and is the aftermath of a Hamas pickup truck which was carrying Qassam rockets accidentally exploded. The original 2005 image is here. A reluctant but honest critic of Israel post further and more in depth about this particular claim here.

We have also been told of the IDF having attacked a U.N. school in Gaza, I believe one yesterday and one today.

There is a reason why such an attack may have taken place, the same reasoning can be applied to attacks on Mosques, hospitals, etc…

Watch the following video and read the accompanying captions to see why such an attack would take place and why Hamas is far more responsible for the deaths of civilians in Gaza than is Israel.

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Certainly not all news that comes from Gaza, the West Bank, etc is false or staged, but enough of it is that any news which comes from the area is suspect.

One has to wonder, why is it that the media outlets themselves are not able to weed out the lies from truth while persons viewing the news are?

It is actually very sad, because as the fact of the staging of tragedies from this area of the world becomes better known, the more likely it becomes that the world will ignore what is real for fear that they are again being lied to.

When the tragedies and victims are real, we may not be there to help for the Palestinians and those who would exploit their plight have cried wolf too many times.

A History Of Palestine

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Hamas and Israel

I found the following cartoon on Jewish High

A simple illustration meant to help a person figure out the difference between Hamas and Israel.

palestinianwayofwaraz4