Bankruptcy Wizard
Originally posted by allavdj
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Well... I'm changing my contribution from $0.02 US Dolalrs to $2.00 Ameros.
Chapter 7 (No Asset/Non-Consumer) Filed (Pro Se) 7/08 (converted from Chapter 13 - 2/10)
Status: (Auto) Discharged and Closed! 5/10
Visit My BKForum Blog: justbroke's Blog
Any advice provided is not legal advice, but simply the musings of a fellow bankrupt. -
There's already an African Union and they are planning a single currency by 2023.
Profile: African Union
The African Union, or AU, is a pan-African organisation whose goal is to propel a united continent towards peace and prosperity.
The AU supports political and economic integration among its 53 member nations. It aims to boost development, eradicate poverty and bring Africa into the global economy.
The AU succeeded the Organisation of African Unity (OAU) in 2002. In its later years the OAU - which originated in the decolonisation struggles of the early 1960s - had been criticised for becoming a mere talking shop.
Conceived by the Libyan leader Muammar Gaddafi, who proposed a "United States of Africa", its structure is loosely modelled on that of the European Union.
It inaugurated a pan-African parliament in March 2004 - one of a number of proposed institutions. The body debates continent-wide issues and advises AU heads of state.
There are far-reaching plans to set up a human rights court, a central bank and monetary fund, and by 2023 an African Economic Community with a single currency.
The AU believes that conflicts must be settled before there can be a chance of achieving prosperity. To this end, it set up a Peace and Security Council in 2004. The council may intervene in conflicts, replacing the old OAU principle of non-interference with one of "non-indifference".
The council can deploy military forces in situations which include genocide and crimes against humanity. It can authorise peacekeeping missions. The council plans to have a stand-by rapid-reaction force in place by 2010.
AU peacekeepers have served in Burundi and AU ceasefire monitors have been sent to the western Sudanese region of Darfur. An AU force is also deployed in Somalia.
The AU oversees the New Partnership for Africa's Development (Nepad), an anti-poverty blueprint which offers a bargain with the West: the promotion of good political and economic practice in return for more aid and investment.
Annual budget: $43 million (2004 figure)
2000: AU constitution signed in Lome, Togo
2002: AU launched at Durban summit, South Africa
Headquarters: Addis Ababa, Ethiopia
Membership: 53 African nations
Chairman: Tanzanian President Jakaya Kikwete
Structure:
Assembly: The assembly comprises the heads of state of member countries, who meet at least once a year. It is the AU's main decision-making body. Members of the assembly elect an AU chairperson, to hold office for 12 months.
Executive Council: The council comprises the foreign ministers of member states, who advise the assembly members.
Commission: The administrative branch comprises 10 commissioners, who hold individual portfolios. The commission implements AU policies and coordinates the body's activities and meetings. The commission elects its chairperson to a four-year term.
Its critics have questioned whether the AU can be more effective than its predecessor. They point out that many of its leaders are the same people who presided over the OAU, an organisation that became known as the "dictators' club".
Money is another sticking point. There are doubts about whether the AU - many of whose member nations are struggling to tackle domestic poverty - can afford to fund some of its ambitious schemes.
The union, keen that its activities should be bankrolled by member countries, has eschewed the "begging bowl" principle. But in 2004 the commission chairman warned that the AU needed the kind of financial lifeline that the US gave to post-war Europe.
Under a voluntary "peer review" scheme, AU members are expected to ensure that each other's governments adhere to democratic principles and sound economic practice. But their political will to do so has been questioned by doubters. Sceptics point out that, while promoting pan-African democracy, some AU nations are run by autocrats.
Story from BBC NEWS:
Published: 2008/04/04 17:31:47 GMTComment
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The Amero - North American Currency
Watch Steve Previs on CNBC talk about the Amero. This video is from CNBC November 27th, 2006.
Stop the North American Union
Building a North American Community
The Case for the Amero:
The Economics and Politics of a North American Monetary Union
Are You Sure Your Thoughts are Really Yours?
Last edited by BankruptPinoy; 12-07-2008, 12:17 PM.Comment
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CNBCs Interview with Steve Previs November 27th 2006 Amero North American Union
Steve Previs, a vice president at Jefferies International Ltd., discussed the Amero as ..."The proposed new currency for the North American Community which is being developed right now between Canada, the U.S. and Mexico."... Ross Westgate of CNBC Europe asked the question that initiated this reply by Steve Previs.
Is Steve Previs a racist? Let us not resort to ad hom attacks when considering other viewpoints.
Steve PrevisSteve Previs
Senior Vice President
Jefferies International Limited
Vintners Place
68 Upper Thames Street
London EC4V 3BJ
UK
020 7898 7100
E-mail: [email protected]
Steve Previs has been a senior vice president with Jefferies International Limited (London) since 1992. He was previously on the buy side with Gulf International Bank in Bahrain. Earlier, Mr. Previs' career in meat processing and the food industry brought him to Puerto Rico, Mexico, and other parts of Central and South America and Europe. He is a regular guest commentator on CNBC Worldwide Exchange since 2003, with appearances on other CNBC prgrammes such as Fast Money, Investors' Clinic, and Squawk Box. Mr. Previs also provides commentary for CNN, Bloomberg, and Reuters. He is a graduate of the University of North Carolina Chapel Hill, where he graduated with multiple honors, including academic All American. Mr. Previs played basketball professionally for the Carolina Cougars before moving on to the food industry.
-rhawk301 at youtube.I also did some more research into Jefferies International and Stephen Previs and found them to be a very reliable source. CNBC uses Stephen a lot for reports, and he talks about financial news very openly and with little to no rhetoric. You can mostly trust the London brokers, and the FT of London for quality world financial news. I find this story very credible and put together with the PDF file on the Amero, very disturbing.
By Jerome R. CorsiLondon stock trader urges move to 'amero'
Says many unaware of plan to replace dollar with N. American currency
In an interview with CNBC, a vice president for a prominent London investment firm yesterday urged a move away from the dollar to the "amero," a coming North American currency, he said, that "will have a big impact on everybody's life, in Canada, the U.S. and Mexico."
Steve Previs, a vice president at Jefferies International Ltd., explained the Amero "is the proposed new currency for the North American Community which is being developed right now between Canada, the U.S. and Mexico."
The aim, he said, according to a transcript provided by CNBC to WND, is to make a "borderless community, much like the European Union, with the U.S. dollar, the Canadian dollar and the Mexican peso being replaced by the amero."
Previs told the television audience many Canadians are "upset" about the amero. Most Americans outside of Texas largely are unaware of the amero or the plans to integrate North America, Previs observed, claiming many are just "putting their head in the sand" over the plans.
CNBC asked Previs whether he thought NAFTA was "working and doing enough."
He replied: "Until it created a lot of illegal immigrants coming across the border. I don't know. You get the pros and cons on NAFTA. For some people it is a good thing, and for other people it has been a disaster."
The speculation on the future of a new North American currency came amid a major U.S. dollar sell-off worldwide that began last week.
Yesterday, the dollar also reached new multi-month low against the euro, breaking through the $1.30 per euro technical high that had held since April 2005.
At the same time, the Chinese central bank set the yuan at 7.0402 per dollar, the highest level since Beijing established a new currency exchange system in 2005 that severed China's previous policy of tying the value of the yuan to the U.S. dollar.
Many analysts worldwide attributed the dramatic fall in the value of the U.S. dollar at least partially to China's announcement last week that it would seek to diversify its foreign exchange currency holdings away from the U.S. dollar. China recently has crossed the threshold of holding $1 trillion in U.S. dollar foreign-exchange reserves, surpassing Japan as the largest holder in the world.
Barry Ritholtz, chief market strategist for Ritholtz Research & Analytics in New York City, in a phone interview with WND, characterized today's downward move of the dollar as "wackage," a new word he coined to convey that the dollar is being "whacked" in this current market movement.
Ritholtz told WND that yesterday's downward move "was a major market correction that points to the risk of subsequent downside to the dollar."
Asked whether he would characterize the dollar's downside move as signaling a possible collapse, Mr Ritholtz told WND, "Not yet."
Ritholtz pointed out market professionals had long looked at a dollar collapse as a "low probability event," but the recent fall suggests "the probabilities have increased of a major dollar correction, or even of a collapse."
U.S. trade imbalances with China have hit a record $228 billion this year, largely reflecting a surging flow of containers from China with retail goods headed for the U.S. mass market.
Secretary of Commerce Carlos Gutierrez is in Bejing leading a trade delegation of more than two dozen U.S. business executives.
"The future should be focused on exporting to China," Guiterrez told reporters in Bejing, noting that this year, U.S. exports to China are up 34 percent on a year-to-year basis, surpassing last year's gain of 20 percent.
One way to improve the U.S. trade imbalance may be to ease up on restrictions of exporting high-tech products and allowing technology transfers to China, a move likely to be politically charged in the U.S.
The decline in value of the dollar will also make U.S. exports more attractive and Chinese exports to the U.S. more expensive.
In February 2007, a virtually unprecedented top-level U.S. economic mission is scheduled to travel to China. Included in the mission are Treasury Secretary Henry Paulson, Jr., Secretary of Commerce Carlos Gutierrez and Federal Reserve Chairman Ben Bernanke.
Previs declined to be interviewed for this article, telling WND in an e-mail he did not want to be quoted directly in any article that may express a political point of view.
Lou Dobbs on the North American Union
This Dobbs clip brings up the new North American common currency called the "Amero". The 2006 NAU progress report states that everything is ontrack for the Union to go into effect in 2010.
Dobbs states that this government is not bush's government and that this North American union will be an Orwellian Brave New World.Last edited by BankruptPinoy; 12-07-2008, 12:41 PM.Comment
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What was all that posting for?Chapter 7 (No Asset/Non-Consumer) Filed (Pro Se) 7/08 (converted from Chapter 13 - 2/10)
Status: (Auto) Discharged and Closed! 5/10
Visit My BKForum Blog: justbroke's Blog
Any advice provided is not legal advice, but simply the musings of a fellow bankrupt.Comment
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Originally posted by justbroke View Post
because they have a bunch of rules here that say if you post news you have post the entire article the way they say to do it & not just a portion with a link. & you have to do the format they say with no fonts & no old news & other rules...which is why I stopped posting news here & only comment on the news
, or put news in another area. I can find news without being told how & when & why & where to do it
. Much less of a headache.
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Lou Dobbs is awesome.Originally posted by BankruptPinoy View PostComment
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Lou Dobbs: North American Union Orwellian Brave New World
Hmmm...Lou Dobbs...Amero...Hmmmm...must be a conspiracy theory. Lou Dobbs didn't say "brave new world, orwellian"?
Treason Abounds ~ Gov't Cabal Plots North American Union (NAU)
By Daneen G. Peterson, Ph.D.
September 4, 2006
Updated January 1, 2008
By Comparing The NAU To The European Union You Will Learn That . . .
The European Union (EU) began as a free-trade agreement in 1951 [just like our NAFTA the North American Free Trade Agreement in 1994].
It then morphed into the European Economic Community (EEC) [Pastor is calling ours the North American Community].
Once the EEC was a reality and commonly accepted, it then morphed into the Common Market [ours is called the Security and Prosperity Partnership (SPP)].
Deceptively, the Brits were sold the lie that is was just a 'common market' and thus joined up in January, 1973. Once they were sucked into the 'Common Market' it then went on to morph into the European Union (EU) [ours will be the North American Union (NAU)].
As it stands now the EU is well on its way to becoming a federalist superstate, which is expected to morph again and become the United States of Europe [ours will be the United States of the Americas (plural) when they finish combining North and South America into ONE, as is already planned].
The EU already has a single currency called the Euro [ours will be the Amero], and the European Union's unelected and unaccountable 'leaders' are working overtime to create ONE legal system, ONE military, ONE police force, ONE flag and ONE national anthem.
Is Dr. Peterson a racist for exposing the North American Union and Amero?http://www.StopTheNorthAmericanUnion.com website.
At one time she was a professor at both Temple and Jefferson Universities in Philadelphia, Pennsylvania, where she taught behavioral science research methodology and statistics. After leaving academia, she created and directed the first Department of Research and Program Evaluation for Big Brothers/Big Sisters of America's National Office in Philadelphia, PA, where she worked with some 512 agencies in all fifty states.
Dr. Peterson is currently researching and writing on the issue of the One World Order and the United States Government's covert and illegal acts to create a North American Union without the Constitutionally required consent of Congress or informing 'We the People.'
She has been an invited guest on many talk radio programs and makes personal appearances to discuss her in-depth research to expose the brazen, surreptitious, and treasonous acts by our own government to force us into a North American Union. A North American Union that will be a carbon copy of the European Union (EU) which will end our Constitutional Republic, Bill of Rights, legal system and freedoms. Working in secret, our Executive Branch is 'harmonizing' our ALL of our regulatory laws with Mexico, a corrupt oligarchy, and Canada, a socialist parliamentary system. Their goal . . . a totalitarian police state.
Snopes' Credibility Damaged . . . Says NAU is 'False'
Last edited by BankruptPinoy; 12-07-2008, 01:21 PM.Comment
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I do like Lou. He's the only one of the talking heads that gets it. Of course, he's a financial genius too.Originally posted by Bandit View Post
While Lous is very strong and opinionated -- who isn't amongst the talking heads -- his argument is strong. However, I sometimes find his way of making a point, harsh and cruel. I guess they call that a journalistic right.
My reason for asking about all the posting, was because I, amongst others, get the whole NAFTA, CAFTA, North American Union talk. You don't need to post many articles to back on what you wrote.
I'm just on the fence as to whether I'm selling all my US Dollars for Ameros... right now. Just like when I had GB Pounds, Francs, and Deutschmarks, I didn't run out even though the Euro was imminent (we had 6 months to convert).
The key is, what is the averageChapter 7 (No Asset/Non-Consumer) Filed (Pro Se) 7/08 (converted from Chapter 13 - 2/10)
Status: (Auto) Discharged and Closed! 5/10
Visit My BKForum Blog: justbroke's Blog
Any advice provided is not legal advice, but simply the musings of a fellow bankrupt.Comment
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Originally posted by justbroke View PostI do like Lou. He's the only one of the talking heads that gets it. Of course, he's a financial genius too.
While Lous is very strong and opinionated -- who isn't amongst the talking heads -- his argument is strong. However, I sometimes find his way of making a point, harsh and cruel. I guess they call that a journalistic right.
My reason for asking about all the posting, was because I, amongst others, get the whole NAFTA, CAFTA, North American Union talk. You don't need to post many articles to back on what you wrote.
I'm just on the fence as to whether I'm selling all my US Dollars for Ameros... right now. Just like when I had GB Pounds, Francs, and Deutschmarks, I didn't run out even though the Euro was imminent (we had 6 months to convert).
The key is, what is the average
We are in complete agreement with currency & converter making money and that we would also do nothing to change except to convert before it is obsolete.
I meant to get back to this sooner about Lou. Another reason I like him other than him telling the truth is he rarely has to make an apology for being so blunt & opionated.Comment
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