'U.S. dollars burn while Obama fiddles'

[Confederate Kahanist]

http://www.wnd.com/?pageId=176837




"Legend has it that Nero fiddled while Rome burned; now President Obama is fiddling or diddling or whatever he does while the whole world meets at the United Nations to burn the dollar down to forty percent of its current value." With these words Lee Troxler launched into an impassioned defense of the American dollar at the annual FreedomFest conference where he was speaking on his new book, "Killing Wealth, Freeing Wealth."

"Does the dollar's value matter?" Troxler asked. "Damn right it does! How much will your life change when suddenly, almost overnight, you're only getting forty cents on every dollar purchase?"

Troxler isn't just crowing. He and co-author Floyd Brown predicted this torching of the dollar, as well as the consequences that are still ahead, in their just released book. On page 127 they conjured a future blogpost:

"The Great Train Robbery was done on horse. The Baker Street Bank Robbery was done by tunnel. The Global Currency Robbery was done with a few keystrokes. Just as U.S. investors sensed recovery and returned to dollar-based investments, the conspirators moved on every course. They dumped the dollar so fast they collapsed it. Worth about forty cents now. Shouts of joy circle the globe. Tabloids trumpet 'END OF YANK $$$ LARCENY.' Global transactions now pegged to a basket of currencies – yen, euros, yuan and dollars in roughly equal portions. Big losers? Suckers holding U.S. dollars. Big winners? Cads known as Killionaires…"

True enough, in meetings over the last two weeks at the United Nations, one country after another has been lining up to abandon the U.S. dollar as the world's reserve currency. That's step one. Step two is to replace the dollar with a basket of currencies.

And what did Obama's U.N. representative, Susan Rice, have to say about this? Apparently very little. We scoured the media for an official position from her, but found nothing of note. That is consistent with her boss's considered opinion that a "one world government" is in the best interests of the United States. We'll see how many Americans agree when the dollars turn to ash.

"It’s actually a bit imprecise to say that Obama fiddles while the world abandons the dollar," Troxler adds. "Team Obama is actually cheerleading the bonfire. Harvard economist Joseph Stiglitz has advised Obama's council of economic advisers and he is the chief proponent of replacing the dollar with a basket of currencies."

For the rest of the story on the burning of the U.S. dollar, take a look at this new book from Troxler & Brown, "Killing Wealth, Freeing Wealth."