First look at “Sample” World Currency

Bloomberg (Link) is reporting that Russian President Dmitry Medvedev, showed off a sample coin of a “united future world currency.” at the G8.

“Here it is,”

Medvedev told reporters

“You can see it and touch it.”

It seems like we are certainly close now, to having a sample coin shown to the press and reported by the AP media. This one world currency is no long just for conspiracy sites, it’s main stream news.

Here’s a link worth checking out too: United Future World Currency

Al Gore says “Climate Change is Like the Nazis”

The Times Online published a story a couple  of days ago with the headline “Al Gore likens fight against climate change to battle with Nazis”. I guess that didn’t sit very well with some readers, because the Times Online changed it to read “Al Gore invokes spirit of Churchill in battle against climate change”

If you missed it, check this out.

Here’s a couple screens shots. the first one is of the original headline

Original Headline

The second screen shot is of the new headline while showing the page source code. If you enlarge the photo you can see in the code that they named the video “Al Gore likens fight against climate change to battle with Nazis”

Click To Enlarge

Gore was Speaking in Oxford at the Smith School World Forum on Enterprise and the Environment, sponsored by The Times.

He said future generations would put one of two questions to today’s adults.

“It will either be ‘What were you thinking, didn’t you see the North Pole melting before your eyes, didn’t you hear what the scientists were saying?’.

Or they will ask

‘How is it you were able to find the moral courage to solve the crisis which so many said couldn’t be solved?’”

Interestingly enough, Al gore along with David Blood started Generation Investment Management. A company that Gore buys his carbon credits from.

Al Gore, self appointed expert on global warming has been purchasing carbon credits in an effort to offset his palatial lifestyle. What he didn’t tell us, however, is that the company he is buying the credits from is actually owned by him. Ching, ching … more

Another interesting point is David Blood, who brings to the table significant experience in traditional investing as former CEO of Goldman Sachs Asset Management.

Generation has made a legally binding commitment to measure and report its annual business-related emissions. They are legally required to purchase Carbon Financial Instruments (CFIs) sufficient to offset all emissions from electricity use, commuting, and business travel on an annual basis. Our compliance is audited and reviewed annually by regulators from the Financial Industry Regulatory Authority (FINRA). …. link

If you have never heard about the Chicago Climate Exchange, it’s the model for a stock market, but for “green” industry. Where company’s can buy and trade carbon credits. If you check out their home page you can read all about tradable Carbon Financial Instruments. My opinion is this will be the next “bubble” for our economy. Which is why Obama and the congress are pushing so hard to push their cap and trade bill.

Guess who would oversee the carbon offsets, the Chicago Climate Exchange. Guess who helped fund them, Obama. And Guess who’s an Associate Member of the Chicago Climate Exchange, Generation Investment Management.

We’re suppose to believe these are the environmental patriots? So the guys who stand to make the most money off of green technology happen to be the guys going around the world convincing us if we don’t change our grand-kids will be living on a beach in Kansas because we let the north pole melt.

IOU’s Create A State Of Fiscal Emergency In California

Things haven’t gotten any better for California. They failed to cut their budget and are now looking to issue State IOU’s. Heres a couple of the head lines.

California declares state of fiscal emergency (Times Online)

Arnold Schwarzenegger, the governor of California, has declared a state of fiscal emergency as the state faces a cash shortage expected to hit $6.5bn in coming months…..

California prepares to issue promissory notes (USA Today)

California’s controller will start paying many of the state’s bills with promissory notes as soon as Thursday after lawmakers failed to close the state’s worsening budget deficit, adding a new measure of indignity to a state sinking deeper into dysfunction. ….

California banks ponder their stance on state IOUs (Buisness Journal)

If you believe your financial institution will stand behind California-issued IOUs, don’t bank on it — yet …..

The Secret of Comex

The Comex is the name for the largest gold futures market in the world, traditionally centered in New York City. Although the market recently became part of the Chicago Mercantile Exchange, it has retained its old nickname. Also, the depositories which hold the actual bars of gold used to settle the futures contracts remain in New York City.

A gold depository must be the most boring business on earth. They charge a small monthly fee to store 100oz. standardized bars of gold in an insured vault. It is an industrial-sized version of a safe deposit box. …. more

California Close To Paying With I.O.U.’s

Signaling that California is slipping deeper into financial crisis, the state’s controller said Wednesday that his office would soon be forced to issue i.o.u.’s to scores of the state’screditors, as lawmakers failed at their first attempt as a body to close the state’s multibillion-dollar shortfall.

If the i.o.u.’s are issued as threatened, it would be the first time since 1992 — when Gov. Pete Wilson paid roughly 100,000 state employees with them — that the warrants were used to hold over those to whom the state owed money. Before that budget crisis, California last issued the warrants during the …. more

19 states still have to approve their fiscal 2010 budgets before next Tuesday

One week and counting. An unprecedented number of states have only days left to pass their fiscal 2010 budgets.

At least 19 states are still hammering out their spending plans as the recession wreaks havoc with their finances and sparks fights between governors and lawmakers. If spending plans aren’t approved, state workers may not receive their paychecks and some government offices may shut down….. more

Ron Paul’s ‘Audit the Fed’ bill Moves To The House For Debate

Ron Paul a modern day “Founding Father” has gained enough support for his bill H.R. 1207, that it’s moving to the house for debate. This is a great sign. It’s a step in the right direction.

“The tremendous grass-roots and bipartisan support in Congress for HR 1207 is an indicator of how mainstream America is fed up with Fed secrecy,” said Congressman Paul

Congressman Kucinich, along with Rep. Edolphus Towns (D-NY), announced Tuesday that the House Financial Services Committee will subpoena the Federal Reserve to ascertain the details of the Fed’s agreements with Bank of America in the institution’s acquisition of Merrill Lynch

“To understand how unwise it is to have the Federal Reserve, one must first understand the magnitude of the privileges they have. They have been given the power to create money, by the trillions, and to give it to their friends, under any terms they wish, with little or no meaningful oversight or accountability. Thus the loudest arguments against greater transparency are likely to come from those friends, and understandably so.”

How worried is the FED about all this? worried enough to hire a lobbyist to help it’s image with congress. The same lobbyist that worked for Enron and the Clinton Administration. Theres some good company for you.

They desperately don’t want any attention of their actions, and Ron Paul is making it very hard for them to fly under the radar.

Most Brilliant YouTube Video Of The Year

I know I’m a couple weeks behind on this, I just haven’t been posting. But this Video is Brilliant and I had to post it.

A conservative radio show host gets water boarded on air to prove water boarding is NOT torture, and then breaks and confesses that it IS torture.

Love the guts of Mancow to go through with this.

Newsweek Editor ….. “Obama’s like god”

The cult of personality that is Obama rolls on. Here’s some more Obama worship from the media. Portraying the idea that Obama will save us all.As if he something more then just a politician!

What Can We Expect In The Coming Future, An Interview With Gerald Celente

There is A good interview over at Humanevents.com with Trends Forecaster  Gerald Celente.. Some of his predictions included:

…. extreme currency inflation

… gold at least $2000 an ounce

… tax revolts

… state secessionist movements will rival the breakup of the Soviet Union.

… concerned that the government will take the nation into war