Vatic Note: AAAHHHH, a british colony again are we!!!!! That is what this is really all about, finish killing off our currency and shore up Europes (Britians) Currency and then use one currency after our collapses for the entire world. It won't be that quick but it will be for us. At the end of the article its exactly what has happened, the Euro rose against the US Dollar the minute the news was out that we would pony up once again. Our Treasury prices dropped. We will be dead in the water and that is when the rubber should hit the road, why??? There is nothing in there for our 40 million unemployed workers, no COLA for our seniors who paid years and years into the fund at dollars valued way above what they are getting now, and THE BLATANT LACK OF HUMANITY AND COMPASSION IS REMINISCENT OF THE PROTOCOLS OF THE ROTHSCHILD KHAZAR SATANISTS.
So this is all just part of the final hammer to bring us down so we can never get up. The key "SO WE CAN NEVER GET UP".... that is what they need. China has been designated by the Rothschilds as the new America economically and so it was time to strip us of our wealth and move on to the next victim. They also have other surprises in store for us so we can't rebel either. But then its the "unforeseen" that always gets the bad guys in the end. I want to live long enough to watch them all tried, convicted, sentenced and then I am going to visit them all in jail and laugh at them. lol
US Ready to Back Bigger EU Stability Fund: Official
http://www.cnbc.com/id/40454469
Published: Wednesday, 1 Dec 2010
2:20 PM ET
By: Reuters, CNBC
The United States would be ready to support the extension of the European Financial Stability Facility via an extra commitment of money from the International Monetary Fund, a U.S. official told Reuters on Wednesday
"There are a lot of people talking about that. I think the European Commission has talked about that," said the U.S. official, commenting on enlarging the 750 billion euro ($980 billion) EU/IMF European stability fund. "It is up to the Europeans. We will certainly support using the IMF in these circumstances."
"There are obviously some severe market problems," said the official, speaking on condition of anonymity. "In May, it was Greece. This is Ireland and Portugal. If there is contagion that's a huge problem for the global economy."
The remarks foreshadow a visit to Europe this week by a U.S. Treasury envoy who is expected to visit Berlin, Madrid and Paris to hold talks on the ramifications of the debt crisis.
(Another news report, however, raised questions about the true extent of the US commitment. Read more here). (VN: This link leads to the IMF, and we know who worked for them, Goldman Sachs employees, Geithner and Summers as economic hitmen for the IMF, so is that what they did to US & Europe in order to get to our wealth? Is this part of the Goldman Sachs, Rothschild game plan? Remember, Rothschild now has total control of eastern Europe and you saw what they did to Hungary, who may never recover)
The developments have echoes of the pressure applied by Washington on European capitals last May to create the near $1 trillion EFSF safety net that was last week used to rescue Ireland after its banking crisis spiraled out of control.
The IMF, whose biggest single shareholder is the United States, has committed 250 billion euros to the EFSF.
While reluctant to dictate to Europe how it should address the unfolding debt crisis, the U.S. government is growing concerned about the global fallout of Europe's predicament. (VN: I simply can't believe they have that stupid a group working for them that they can't see how its their problem, no one bailed us out when we had ours now did they? I didn't see any German or British banks coming to our rescue. We all rise or fall as it maybe. That is how it should be and we will pick ourselves up just as europe should do as well. Call your senators and tell them no way, ever)
U.S. Treasurys' prices fell and the euro strengthened against the dollar on Wednesday after the news that the United States would be prepared to support an enlarged EFSF. (VN: Hah, even the markets know its a loser proposition for the US, and our own people can't see it??? Yes, they can, and its intentional, its simply a transfer of wealth once again for the US to Rothschild through his various owned banker organizations)
Germany, whose leaders have expressed frustration at the market backlash against their plans to solve the euro zone's debt problems, does not want to make the stability fund larger.
The article is reproduced in accordance with Section 107 of title 17 of the Copyright Law of the United States relating to fair-use and is for the purposes of criticism, comment, news reporting, teaching, scholarship, and research.
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