The Jimmy Z Show Blog: May 2010

Friday, May 28, 2010

Notes from 'Reality Check' 28 May 2010

The Father of the Euro discusses Special Drawing Rights (SDRs), which can effectively replace the US Dollar as the world's reserve currency ~ a forerunner of a global monetary system:

http://www.livetradingnews.com/robert-mundell-the-father-of-the-euro-says-chinese-yuan-is-counterpart-to-us-dollar-13437.htm

This discusses the merit of creating a "currency basket" that will diversify the revenue, and why a world currency in the form of SDRs, will offset risk ~ this being "proven" in the decline of the USD, Euro, Yuan, etc.

Obama discussing the merit of Global Governance and a New World Order with West Point Cadets, etc.:

http://www.sacbee.com/2010/05/26/2777726/not-new-world-order.html

http://www.youtube.com/watch?v=0CV8Xt2VWvc

http://www.foxnews.com/politics/2010/05/22/obama-focus-wars-abroad-speech-west-point-graduates/

European Integration as a Region State, replacing Nation States, like the USA:

http://en.wikipedia.org/wiki/European_integration

How the EU was started decades ago, with The Father of the Euro admitting in his memoirs before passing away, that the treaties, economic ties, etc. were forerunners of the long-term plan of uniting Europe into a single regional state with a single currency:

This transfer of national powers to a "Community" to be exercised by its Commission was paralled under the 1957 Treaty of Rome establishing the European Atomic Energy Community (or Euroatom) and the European Economic Community (EEC) in Brussels.

In 1967, the Merger Treaty (or Brussels Treaty) combine the institutions of the ECSC and Euratom into that of the EEC. They already shared a Parliamentary Assembly and Courts. Collectively they were known as the European Communities. In 1987, the Single European Act (SEA) was the first major revision of the Treaty of Rome that formally established the single European market and the European Political Cooperation. The Communities still had independent personalities although were increasingly integrated, and over the years were transformed into what is now called the European Union.

China calls for reform of global monetary system:

http://www.breitbart.com/article.php?id=CNG.d0b05e03449a3458184c8c136bfcc595.f01

Emphasis on nuking the USD in favor of SDR baskets...

Amero:

http://en.wikipedia.org/wiki/North_American_currency_union

NAFTA:

http://en.wikipedia.org/wiki/North_American_Free_Trade_Agreement

Free Trade Area of the Americas:

http://en.wikipedia.org/wiki/Free_Trade_Area_of_the_Americas
http://www.foxnews.com/opinion/2010/05/25/judith-miller-obama-west-point-commencement-afghanistan/