Here Comes the Ameri-Dollar!
Don't be naive in thinking
that this move is harmless to America[ns]. It IS World Regionalism
in action. Here are some comments from the individual who sent the
article over. Relevant comments.
RJLewis said, "If you want
to know what is coming order my e-article on the coming two-tier monetary
system in which they plan on devaluing the dollar by half or more."
Maybe so. Also something else is going on. Right under our
Several Latin American countries have already adopted the US dollar.
Replaced theirs. Today news. Latest counry speculates position
on Federal Reserve Board.
A number of years ago, a newspaper article talked about the Western
hemisphere consolidating monetarily. New currency is Eagle. Trial
baloon? New currency is dollar.
article also talks about the Federal Reserve running the hemisphere.
Would US people take kindly to an EU type situation? I think
not. What if the same thing happened but the appearance given is
that US is on top. Thats what's happening?
If Europe consolidates, then this hemisphere consolidates, then one other,
can it finally be consolidated to one? [Isn't that the
ultimate aim? What is the 'mission' of David Rockefeller's
"Trilateral Commission" ? To consolidate the three hemispheres,
then play one off against the other. Soon, people will beg for PEACE, and
then we'll have their version of Peace On Earth... absolutely
NO opposition to World Government. In you dreams, BIG
Point is: Major changes are happening right under our noses.
It's being reported in the newspapers. Yet many continue to try to
figure out some long future end game when the big, big changes are taking
place right now.
Friday December 29, 2000 9:01 AM
El Salvador Set To Launch US Dollar
By DIEGO MENDEZ,
Associated Press Writer
SAN SALVADOR, El Salvador (AP) - The U.S.
dollar becomes legal currency in El Salvador on New Year's Day, gaining
equal status with the colon, El Salvador's currency, for buying
goods, paying salaries or doing business.
El Salvador's central bank has sent millions
of dollars to banks around the country to prepare for the new measure
and bankers say the country is prepared to handle the transition.
``The banks are ready to work in dollars,''
the head of the Salvadoran Banking Association, Claudio de Rosa, told
reporters at a news conference.
indicates there will not be great problems, though there could be some
minor, correctable mishaps because of a lack of knowledge of the
money by some clients,'' he added.
The measure, approved in November by congress,
is part of a trend in the region, where countries facing chronic inflation
and jittery investors hope use of the dollar will stabilize and
boost their economies.
Critics say it limits national sovereignty,
reducing the ability to respond to local economic problems.
Panama - Central America's richest nation
- has long used the dollar. Ecuador adopted it in September.
Argentina has pegged its own peso to the greenback. Guatemala
plans to adopt the dollar alongside its colon on May 1. Much of communist
Cuba's economy also operates in dollars, though officials say that is a temporary
De la Rosa said the change would ``bring permanent
benefits for the country and its population.''
The colon itself will be fixed at 8.75 per
dollar. The law also allows other foreign currencies to be used
for contracts and accounts.
De la Rosa warned Salvadorans to avoid giddy
spending and indebtedness and in the face of what are expected to be
sharply improved credit terms.
``The reduction in the rate of interest and
the possibility of longer credit terms demands that we forcefully recommend
the need to maintain moderation in personal spending and
rationality with prudence in investment by businesses,'' he said.
Some Salvadorans have expressed concern they
will have trouble making change in the new currency, though many here are
familiar with the dollars because Salvadorans living in the United States
send home an average of $4 million a day - making remittances the
third-largest source of national income.
END NOTE: Couldn't
resist this: An excerpt from Orwell's 1984... Goldstein
was controlled opposition.
the Hate had proceeded for thirty seconds, uncontrollable
exclamations of rage were breaking out from half the people in the room.
The self-satisfied sheeplike face on the screen, and the terrifying power
of the Eurasian army behind it, were too much to be borne; besides the sight
or even the thought of Goldstein produced fear and anger
was an object of hatred more constant than either Eurasia or
Eastasia, since when Oceania was at war
with one of these powers it was generally at peace with the other.
But what was strange was that although Goldstein was hated and despised by
everybody, although every day, and a thousand times a day, on platforms,
on the telescreen, in newspapers, in books, his theories were refuted, smashed,
ridiculed, held up to the general gaze for the pitiful rubbish that they
were -- in spite of all this, his influence never seemed to grow
there were fresh dupes waiting to be seduced by him. A day
never passed when spies and saboteurs acting under his directions were not
unmasked by the Thought Police. He was the commander of a vast shadowy
army, an underground network of comspirators dedicated to the overthrow of
Brotherhood, its name was supposed to be. There were also whispered
stories of a terrible book, a compendium of all the heresies, of which Goldstein
was the author and which circulated clandestinely here and there. It
was a book without a title. People referred to it, if at all, simply
as the book. But one knew of such things only through vague
rumors. Neither the Brotherhood nor the book was a subject
that any ordinary Party member would mention if there was a way of avoiding