Geithner has approved plans for (IMF) to absorb the Fed ???
Submitted by Habit4ming on Sun, 04/17/2011 - 16:30There is word on the street that Secretary of the Treasury, Timothy Geithner, has approved plans for the International Monetary Fund (IMF) to absorb the Federal Reserve System with an eye to the IMF becoming a global central bank. A “basket of currencies” (which includes the Chinese renmenbi/yuan) is to be created to replace the dollar as the international currency of trade. Plans are for “the basket” to become America’s new currency.
Is it true? There’s no way to confirm the rumor. The same spark that lit the fire under the rumor also suggests it will not be long in coming. If true, I believe it is an act that borderlines Treason. I’m no lawyer, but it seems to this citizen of the United States that my Constitution (which defines government’s limitations) says the only authority for currency and coinage in this country is the United States Congress.
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We must consider the results of having the IMF absorb the Federal Reserve System as part of a Global Central Bank and loss of the United States Dollar as the international currency of trade (which would put this economy over the edge and America, as a nation, into third world status from which it may never re-emerge). Having the IMF absorb the Federal Reserve System isn’t the only solution – and it is a far cry from being the best one!
For years I have told readers that George Herbert Walker Bush’s New World Order would be achieved by establishing a world economic system that can be easily morphed into world government. The IMF absorbing the Federal Reserve System is just one step along that path.
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We need to pay attention and ensure the IMF stays international and away from America’s financial roots.
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I decided to share this article because although it's stated it cannot be confirmed as true, I do believe we need to stay on our toes and make sure it doesn't become true!!
With so many distractions of late, I'd hate for this to slip in under the radar...
Full Article:
http://www.newswithviews.com/Barnewall/marilyn162.htm
















What the RP and Tea Party people need to get going
is the idea of putting the Fed on trial and seek restitution. There is no statute of limitations for fraud and the trial would be a great redeeming and educational experience for the country. Plus we have the military to retrieve our wealth. Now if you want to really solve the national debt, then taking back all that has been stolen would cover that plus some.
it may be plausibe for it may bail out the fed ..
which itself may be to far down the road to remain viable..credible..
Where is a high-level anonymous source when you need one?
There is word on the street that some rumors about words on the street are silly. I was not aware that "absorb" is a banking term. The Fed is the product of congress, subject to the Federal Reserve Act which you can find and read online. The Treasury Dept. cannot simply "absorb" the Fed into the IMF, whatever that is supposed to mean.
I do not doubt that Geithner has nefarious plans, but there is no substance to this word on the street.
Next topic?
Ummmm....
Geitner doesn't own the Federal Reserve Bank - how could he make a deal with something he doesn't own?
That's just silly. It is possible that the owners of the bank, who also own other central banks, want to do this.
"In the beginning of a change the patriot is a scarce man, and brave, and hated and scorned. When his cause succeeds, the timid join him, for then it costs nothing to be a patriot."--Mark Twain
He represents the owners
They own the IMF too. I saw this one coming 3 years ago. Get everyone upset with the Fed and then have the IMF save the day. Painfully obvious.
Explore Orthodox Christianity
I didn't
know about this 3 years ago, but have known about it for awhile now thanks to many DP'ers sharing information...
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WTP Federal Lawsuit to BAN ALL ELECTRONIC VOTING
Appeal filed 2/13/12: http://www.wethepeoplefoundation.org/PROJECTS/NCEL/PACER2012...
It should be well known by now...
who the enemies of our people really are.
"Necessity is the plea for every infringement of human freedom. It is argument of tyrants. It is the creed of slaves." William Pitt in the House of Commons November 18, 1783
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