Sign in or 
| Version | User | Scope of changes |
|---|---|---|
| Jul 17 2009, 6:38 PM EDT (current) | ckh88 | |
| Jul 17 2009, 6:38 PM EDT | ckh88 | 24 words added |
Changes
Key: Additions Deletions
Breaking News: California Judge Agrees to Consider
the Obama Fraudulent Birth Certificate Case - Forger confesses
on his blog he doctored the document
This news ranks as one of the strangest items I have seen, knowing the mentality of the communist Chinese government leadership. One theory might be that the angry unhappy mood of millions of Americans, and the aggressive truth telling by citizen journalists all over America, warning about the planned Amero, has turned back the tide and put enough pressure on the hidden world elite to give them pause, forcing a change of plans. At any rate, it is more mportant now for citizen journalists to keep digging, revealing, publishing and exposing NWO plans than ever before. Burn the candle at both ends 24-7 people. I think we have them runining. - CKH
China says dollar to remain leading world currency
Reuters - Silvia Aloisi, Mark Trevelyan - 2 hours ago
ROME, July 5 (Reuters) - Chinese Vice Foreign Minister He Yafei said on Sunday the US dollar would continue to be the world's leading reserve currency for years to come.
Dollar discomfort thrust onstage for Italy summit guardian.co.uk
Email this storyFind out how the Chinese leaders really feel about America and her people. MUST READING: China Speaks (pdf)
See also: China Calls For New Money Reserve to Replace Dollar
See also: Nobel Prize Winner Backs Alternative World Currency
| Amero « Short Media Production By tiger1120tl Amero. Here is a question for you…If you wanted to usher in a New American Currency, what would have to happen in order for that o happen? Really think about that question and then look at our economy… ... Short Media Production - http://www.jmuehl.com/smpblog/ |
| China Wants IMF Unit to Replace Dollar as a Reserve | Hao Hao Report By ChinaRanger Some would say this is a move to globalize the world's monetary system under one currency. Thus the Euro currency and the upcoming "Amero". See this site for some movies detailing this move: http://www.zeitgeistmovie.com/ ... Hao Hao Report - Submitted news - http://www.haohaoreport.com/ |
| China Voices Support For New Global Currency To Replace Dollar By admin Well the dollar has to be replaced by something, why not an Amero? No real chance to ever recover since the debt’s interest alone makes it unpayable. Global banks had control of our money in full, since 1913. No real change, just a new ... Alex Jones' Prison Planet.com - http://www.prisonplanet.com/ |
China calls for new global currency
AP – BEIJING
China is calling for a new global currency to replace the dominant dollar, showing a growing assertiveness on revamping the world economy ahead of next week's London summit on the financial crisis.
The surprise proposal by Beijing's central bank governor reflects unease about its vast holdings of U.S. government bonds and adds to Chinese pressure to overhaul a global financial system dominated by the dollar and Western governments. The world economic crisis shows the "inherent vulnerabilities and systemic risks in the existing international monetary system," Gov. Zhou Xiaochuan said in an essay released Monday by the bank. He recommended creating a currency made up a basket of global currencies and controlled by the International Monetary Fund and said it would help "to achieve the objective of safeguarding global economic and financial stability." Zhou did not mention the dollar by name. But in an unusual step, the essay was published in both Chinese and English, making clear it was meant for a foreign audience.
China has long been uneasy about relying on the dollar for the bulk of its trade and to store foreign reserves. Premier Wen Jiabao publicly appealed to Washington this month to avoid any response to the crisis that might weaken the dollar and the value of Beijing's estimated $1 trillion in Treasuries and other U.S. government debt. For decades, the dollar has been the world's most widely used currency. Many governments hold a large portion of their reserves in dollars. Crude oil and many commodities are priced in dollars. Business deals around the world are done in dollars. But the financial crisis has highlighted how America's economic problems — and by extension the dollar — can wreak havoc on nations around the world. China is in a bind. To keep the value of its currency steady — some say undervalued — the Chinese government has to recycle its huge trade surpluses, and the biggest, most liquid option for investing them is U.S. government debt.
To better insulate countries from the ills of one country or one currency, Zhou said the IMF should create a "reserve currency" based on shares in the body held by its 185 member nations, known as special drawing rights, or SDRs. He said it also should be used for trade, pricing commodities and accounting, not just government finance. Zhou also called for changing how SDRs are valued. Currently, they are based on the value of four currencies — the dollar, euro, yen and British pound. "The basket of currencies forming the basis for SDR valuation should be expanded to include currencies of all major economies," he wrote. Beijing has been unusually bold in recent months in expressing concern about Washington's financial management and pushing for global economic changes. That reflects both its relative financial health and growing concern that increased globalization means missteps abroad could harm its own economy.
Zhou's comments are also part of China's longstanding push to reform the IMF, World Bank and global financial system to give greater voice to China and other developing economies — another theme that will be heard at the G-20 summit from China, Brazil, Russia and India. "Overdue reforms should give proper representation to and increase the say of the emerging and developing economies," Yi Xianrong, a researcher with the Institute of Economics and Finances at the Chinese Academy of Social Sciences, a government think-tank, wrote in the government newspaper China Daily. "Proper representation and a bigger voice for the developing countries are the need of the hour. For instance, being the world's third-largest economy and the largest foreign reserves holder, China should get its due place in the monetary body."
Another idea Yi raised was that the U.S. and Europe should give up their traditional privileges of appointing the heads of the World Bank and the IMF. The idea of a creating a new global reserve currency isn't new. But analysts say the proposal isn't likely to gain much traction because it faces major obstacles. It would require acceptance from nations that have long used the dollar and hold huge stockpiles of the U.S. currency. "There has been for decades talk about creating an international reserve currency and it has never really progressed," said Michael Pettis, a finance professor at Peking University's Guanghua School of Management. Managing such a currency would require balancing the contradictory needs of countries with high and low growth or with trade surpluses or deficits, Pettis said.
He said the 16 European nations that use the euro have faced "huge difficulties" in managing monetary policy even though their economies are similar. "It's hard for me to imagine how it's going to be easier for the world to have a common currency for trade," he said.
========= Related News: Connect the Dots! ==========
Cyberspies Penetrate Electrical Grid: Report
Chinese and Russian Spies May Have Planted Software Bugs to Disrupt Power
The spies came from China, Russia and other countries, and were believed to be on a mission to navigate the U.S. electrical system and its controls, the newspaper said, citing current and former U.S. national security officials.
The intruders have not sought to damage the power grid or other key infrastructure but officials said they could try during a crisis or war, the paper said in a report on its website.
"The Chinese have attempted to map our infrastructure, such as the electrical grid," a senior intelligence official told the Journal. "So have the Russians."
The espionage appeared pervasive across the United States and does not target a particular company or region, said a former Department of Homeland Security official.
Related
The administration of U.S. President Barack Obama was not immediately available for comment on the newspaper report.
Authorities investigating the intrusions have found software tools left behind that could be used to destroy infrastructure components, the senior intelligence official said. He added, "If we go to war with them, they will try to turn them on."
Officials said water, sewage and other infrastructure systems also were at risk.
Protecting the electrical grid and other infrastructure is a key part of the Obama administration's cybersecurity review, which is to be completed next week.
The sophistication of the U.S. intrusions, which extend beyond electric to other key infrastructure systems, suggests that China and Russia are mainly responsible, according to intelligence officials and cybersecurity specialists.
While terrorist groups could develop the ability to penetrate U.S. infrastructure, they do not appear to have yet mounted attacks, these officials say.
Wanted: Computer hackers to help US Federal government
- Add articles about technology to your My Yahoo!
Recent Tech News Stories
- Winners, losers from this year's pile of gadgets Long Beach Press-Telegram Saturday 18th April, 03:07:59 PM
- Give 'Em Hill: High-tech communicating gadgets have not ... Contra Costa Times Saturday 18th April, 04:45:39 PM
- Upper Dublin: ‘The Wedding Singer’ The Philadelphia Inquirer Monday 20th April, 09:01:01 AM
WASHINGTON - Wanted: Computer hackers.
Federal authorities aren't looking to prosecute them, but to pay them to secure the nation's networks.
General Dynamics Information Technology put out an ad last month on behalf of the Homeland Security Department seeking someone who could "think like the bad guy." Applicants, it said, must understand hackers' tools and tactics and be able to analyze Internet traffic and identify vulnerabilities in the federal systems.
In the Pentagon's budget request submitted last week, Defense Secretary Robert Gates said the Pentagon will increase the number of cyberexperts it can train each year from 80 to 250 by 2011.
With warnings that the U.S. is ill-prepared for a cyberattack, the White House conducted a 60-day study of how the government can better manage and use technology to protect everything from the electrical grid and stock markets to tax data, airline flight systems, and nuclear launch codes.
President Barack Obama appointed a former Bush administration aide, Melissa Hathaway, to head the effort, and her report was delivered Friday, the White House said.
While the country had detailed plans for floods, fires or errant planes drifting into protected airspace, there is no similar response etched out for a major computer attack.
David Powner, director of technology issues for the Government Accountability Office, told Congress last month that the U.S. has no recovery plan for a digital disaster.
"We're clearly not as prepared as we should be," he said.
Administration officials says the U.S. has not kept pace with technological innovations needed to protect its computer networks against emerging threats from hackers, criminals or other nations looking for national security secrets.
U.S. computer networks, including those at the Pentagon and other federal agencies, are under persistent attack, ranging from nuisance hacking to more nefarious assaults, possibly from other nations, such as China. Industry leaders told Congress during a recent hearing that law enforcement and other protections are too outdated to fend off threats from criminals, terrorists and unfriendly foreign nations.
Just last week, a former government official revealed that spies had hacked into the U.S. electric grid and left behind computer programs that would let them disrupt service. The intrusions were discovered after electric companies gave the government permission to audit their systems, said the ex-official, who was not authorized to discuss the matter and spoke on condition of anonymity.
Cyberthreats are also included as a key potential national security risk outlined in a classified report put together by Adm. Mike Mullen, chairman of the Joint Chiefs of Staff. Pentagon officials say they spent more than $100 million in the last six months responding to and repairing damage from cyberattacks and other computer network problems.
Nadia Short, vice president at General Dynamics Advanced Information Systems, said the job posting for ethical hackers fills a critical need for the government.
The analysts keep constant watch on the government networks as part of a program called Einstein that was initiated by the Bush administration under the U.S. Computer Emergency Readiness Team.
Short said the $60 million, four-year contract with US-CERT uses the ethical hackers to analyze threats to the government's computer systems and develop ways to reduce vulnerabilities.
Faced with such cyberchallenges, Obama ordered the 60-day review to examine how federal agencies manage and protect their massive amounts of data and what the government's role should be in guarding the vast networks that control the country's vital utilities and infrastructure.
Over the past two months, Hathaway met with hundreds of industry leaders, Capitol Hill staff and other experts, seeking guidance on what the federal government's role should be in protecting information networks against an attack. She sought recommendations on how officials should define and report cyberincidents and attacks; how the government should structure its cyberoversight; and how the nation can increase security without stifling innovation. A task force of technology giants, including representatives from General Dynamics, IBM, Lockheed Martin and Hewlett-Packard Co. urged the administration to establish a White House-level official to lead cyberefforts and to develop ways to share information on problems more quickly with the private sector. The administration has struggled with the basics, such as who should control the nation's cyberspace programs. There appears to be some agreement now that the White House should coordinate the overall effort, rejecting suggestions that the National Security Agency take it on — a plan that triggered protests on Capitol Hill and from civil liberties groups worried about giving such control to spy agencies. ___ On the Net: White House: http://www.whitehouse.gov General Dynamics Advanced Information Systems: http://www.gd-ais.com/ U.S. Computer Emergency Readiness Team: http://www.us-cert.gov/ GAO report: http://tinyurl.com/aczgk6
Federal authorities aren't looking to prosecute them, but to pay them to secure the nation's networks.
General Dynamics Information Technology put out an ad last month on behalf of the Homeland Security Department seeking someone who could "think like the bad guy." Applicants, it said, must understand hackers' tools and tactics and be able to analyze Internet traffic and identify vulnerabilities in the federal systems.
In the Pentagon's budget request submitted last week, Defense Secretary Robert Gates said the Pentagon will increase the number of cyberexperts it can train each year from 80 to 250 by 2011.
With warnings that the U.S. is ill-prepared for a cyberattack, the White House conducted a 60-day study of how the government can better manage and use technology to protect everything from the electrical grid and stock markets to tax data, airline flight systems, and nuclear launch codes.
President Barack Obama appointed a former Bush administration aide, Melissa Hathaway, to head the effort, and her report was delivered Friday, the White House said.
While the country had detailed plans for floods, fires or errant planes drifting into protected airspace, there is no similar response etched out for a major computer attack.
David Powner, director of technology issues for the Government Accountability Office, told Congress last month that the U.S. has no recovery plan for a digital disaster.
"We're clearly not as prepared as we should be," he said.
Administration officials says the U.S. has not kept pace with technological innovations needed to protect its computer networks against emerging threats from hackers, criminals or other nations looking for national security secrets.
U.S. computer networks, including those at the Pentagon and other federal agencies, are under persistent attack, ranging from nuisance hacking to more nefarious assaults, possibly from other nations, such as China. Industry leaders told Congress during a recent hearing that law enforcement and other protections are too outdated to fend off threats from criminals, terrorists and unfriendly foreign nations.
Just last week, a former government official revealed that spies had hacked into the U.S. electric grid and left behind computer programs that would let them disrupt service. The intrusions were discovered after electric companies gave the government permission to audit their systems, said the ex-official, who was not authorized to discuss the matter and spoke on condition of anonymity.
Cyberthreats are also included as a key potential national security risk outlined in a classified report put together by Adm. Mike Mullen, chairman of the Joint Chiefs of Staff. Pentagon officials say they spent more than $100 million in the last six months responding to and repairing damage from cyberattacks and other computer network problems.
Nadia Short, vice president at General Dynamics Advanced Information Systems, said the job posting for ethical hackers fills a critical need for the government.
The analysts keep constant watch on the government networks as part of a program called Einstein that was initiated by the Bush administration under the U.S. Computer Emergency Readiness Team.
Short said the $60 million, four-year contract with US-CERT uses the ethical hackers to analyze threats to the government's computer systems and develop ways to reduce vulnerabilities.
Faced with such cyberchallenges, Obama ordered the 60-day review to examine how federal agencies manage and protect their massive amounts of data and what the government's role should be in guarding the vast networks that control the country's vital utilities and infrastructure.
Over the past two months, Hathaway met with hundreds of industry leaders, Capitol Hill staff and other experts, seeking guidance on what the federal government's role should be in protecting information networks against an attack. She sought recommendations on how officials should define and report cyberincidents and attacks; how the government should structure its cyberoversight; and how the nation can increase security without stifling innovation. A task force of technology giants, including representatives from General Dynamics, IBM, Lockheed Martin and Hewlett-Packard Co. urged the administration to establish a White House-level official to lead cyberefforts and to develop ways to share information on problems more quickly with the private sector. The administration has struggled with the basics, such as who should control the nation's cyberspace programs. There appears to be some agreement now that the White House should coordinate the overall effort, rejecting suggestions that the National Security Agency take it on — a plan that triggered protests on Capitol Hill and from civil liberties groups worried about giving such control to spy agencies. ___ On the Net: White House: http://www.whitehouse.gov General Dynamics Advanced Information Systems: http://www.gd-ais.com/ U.S. Computer Emergency Readiness Team: http://www.us-cert.gov/ GAO report: http://tinyurl.com/aczgk6
Other Internet "Lab Experiments" in Truth Revealing &
Global Spiritual Unity authored by CKH include
http://goldenheart888.wordpress.com
http://heartmanifesto.wordpress.com
View most recently updated pages on 2012 Pole Shift Witness
Help this site to continue to be here and help our research to expand. Following the twists & turns of the
mainstream media as they "spin" the New World Order's secret plans into "public media news & events" is a
tireless, thankless 24-7 job. The author of this site spends about 80-100 hrs per week tracking news feeds,
press, sites, links & videos. Please support that effort! Thank you so much.
Donate via PAYPAL to Support
2012 Pole Shift Witness Research
mainstream media as they "spin" the New World Order's secret plans into "public media news & events" is a
tireless, thankless 24-7 job. The author of this site spends about 80-100 hrs per week tracking news feeds,
press, sites, links & videos. Please support that effort! Thank you so much.
Donate via PAYPAL to Support
2012 Pole Shift Witness Research
Copyright BCI / CKH 2008-3008 All Rights Reserved.
International Copyright Secured in Perpetuity.
Every effort is made to properly credit compiled articles, links, video, audio, images from other sources. 2012 Pole Shift Witness
supports international copyright law protections and discourage "content theft" in all forms.
International Copyright Secured in Perpetuity.
Every effort is made to properly credit compiled articles, links, video, audio, images from other sources. 2012 Pole Shift Witness
supports international copyright law protections and discourage "content theft" in all forms.
