Obama Set To Flee America As US Dollar Faces 50% Devaluation

Obama Set To Flee America As US Dollar Faces 50% Devaluation

Obama Set To Flee America As US Dollar Faces 50% Devaluation

October 7, 2010

Obama Set To Flee America As US Dollar Faces 50% Devaluation

By: Sorcha Faal, and as reported to her Western Subscribers

A grim report prepared for Prime Minister Putin by Russian Ministry of Finance experts warns today that the United States is expected to be ordered by its G-20 counterparts at its October 21-23 meeting in South Korea to devalue the US Dollar by no less than 50% in order to stave off what is widely believed to be an imminent collapse of the World’s economic system.

The G20 was established in 1999, in the wake of the 1997 Asian Financial Crisis, to bring together major advanced and emerging economies to stabilize the Global financial market that by 1998 had catastrophically devastated the Russian economy causing a two-thirds devaluation of the Ruble that plunged millions of middle-class Russian citizens into instant poverty.

As the most important “cog”, so to speak, in the internal mechanisms that governs our every growing, and complex, Global economy, the “sands of time” have run out for the American Dollar being our World’s sole reserve currency, and which without its immediate devaluation threatens to spark an International currency war the likes of which have not been seen since the 1930’s, and as we can read as reported by London’s Telegraph News Service:

“States accounting for two-thirds of the global economy are either holding down their exchange rates by direct intervention or steering currencies lower in an attempt to shift problems on to somebody else, each with their own plausible justification. Nothing like this has been seen since the 1930s.”

To the grim task facing the G20 at their upcoming South Korean meet we can further read as reported by the Reuters News Service:

“Careful calibration of a U.S. dollar devaluation looks to be the only way to avert the sort of currency war flagged by Brazil and others, leaving G20 powers the unenviable task of agreeing some control of the process.

The top world economies, shaken by three years of financial turmoil, are scrambling to cap or weaken their currencies in a fight over fragile global demand for exports -- prompting retaliatory capital curbs and damaging trade rows.” 

Prompting the G20’s urgency for a quick devaluation of the US Dollar before an all-out Global economic collapse are the growing retaliatory actions of its members against the American’s for the wholesale printing of money with nothing to back it up, and as we can, also, read as reported by the Reuters News Service:

“A drive by many of the world's economies to cap the strength of their currencies is gaining momentum, with Brazil firing the latest shot just days before world finance leaders meet in Washington.

Ultra-low interest rates in Europe and Japan and concerns that the U.S. Federal Reserve is about to embark on another round of money printing that could weaken the dollar have pushed currencies to the top of the agenda for the gathering of finance chiefs from the Group of Seven rich nations Friday.” 

Not just to the United States, either, are the fears of a Global economic collapse rising as reports from the United Kingdom are warning that their currency is, likewise, nearing collapse, and when coupled by the warning that Ireland is about to have its credit rating downgraded has prompted the International Monetary Fund (IMF) to acknowledge for the first time that the West is caught in a “near depression”.  

Not being told to the American people about their coming Great Economic Collapse is that it is due to their Nation being effectively bankrupt with this years deficit adding $1.3 Trillion to a National debt of $13.5 Trillion, not to mention the unfunded liabilities for their Social Security and Medicare  systems that are warned exceed $100 Trillion.

Though the average American citizen is being deceived by their propaganda media and government masters so as not to terrify them about what is about to happen, the same cannot be said of their elite classes who, according to another recent Reuters News Service report, are buying gold by the ton in such a frenzy to protect their obscene wealth they have raised the price of this precious metal to record highs with it gaining nearly $100.00 in the past month alone, and over $300.00 in the past year as it nears $1,400.00 an ounce, and according to Kenneth Rogoff, a Professor of Economics and Public Policy at Harvard University, could very well reach $10,000.00 before all is “said and done”.

To the actions of America’s leader, President Barack Obama, as millions of his citizens face economic oblivion it is beyond our understanding as new reports state that he has accelerated the timeline of what will be his longest overseas trip to his leaving 2 days after what is expected to be a crushing defeat of his Democratic Party in the November Mid-Term election, and which shortly after his government will announce the catastrophic devaluation of the US Dollar wiping out the savings of an entire generation of his people.

The respected Christian Science Monitor, however, in their article titled “Obama as Roman emperor -- the rise and fall of the propaganda master” chilling portrays the American leader in terms that does make his actions understandable, and as we can, in part, read:

“To understand Obama's fall, we must understand his rise; and to do that, we must look to ancient history. It was neither for his resume nor his policies that America fell in love with him. In fact, Obama's policy priorities have turned out to be quite unpopular.

It was instead by following the lead of Rome's greatest emperors that Obama won (temporarily) America's awe and devotion. This sort of ruler cult begins to crumble, of course, when the ruler is required to make decisions and take positions under unprecedented media scrutiny.

In the art of self-promotion through images, Obama's closest parallels lived long before the age of YouTube and the 24-hour news cycle. Rome's first emperor, Augustus (63 BC – AD 14), was a master of manipulating what “mass media” there was. Through the propagation of carefully crafted, semi-divine portrait types, vague but appealing buzzwords, and abstract association with heroes of the past, Augustus and his successors won the public's support.

Augustus' fixed “portrait-type” was disseminated and recreated for public consumption across the empire in the form of statues, coins, and other artworks. Archaeologist Paul Zanker's “Power of Images in the Age of Augustus” describes this contrived likeness as “a calm, elevated expression” marked by “a timeless and remote dignity” – not unlike the blue-and-red portrait type designed for Obama by guerrilla-marketer Shepard Fairey.

Another portrait type of Obama's, created by Ron English and publicized by Yosi Sergant, fuses his features with Abraham Lincoln's. Obama's vaunted regard for Doris Kearns Goodwin's “Team of Rivals” and his use of the Lincoln Memorial as the site for his star-studded pre-inaugural concert (presented in the best tradition of bread-and-circus politics) also led to souvenir coins with images of both the 16th and 44th presidents.

Few in the American media stopped to ask what this all really meant. But we might get a better idea when we think about how 1st-century emperor Caligula's mint issued coins featuring his portrait alongside those of his more venerated predecessors; how early 2nd-century emperor Trajan modeled his image on Rome's apotheosized rulers; and how 4th-century emperor Constantine appropriated the monuments of previous “good emperors” to enhance his own esteem.

Obama's Roman counterparts also wrote messages on their coins: simple, positive themes that varied from emperor to emperor. Hadrian, for example, the worldly second-century emperor who withdrew the Roman army from Iraq, engraved his coins with the words CONCORDIA (union); RESTITUTOR (restorer or renewer); and, most strikingly, SPES (hope).”

Obama’s portrayal by the Christian Science Monitor of being a modern-day Roman Emperor, also, eerily mirrors that anti-Christian empire of old, with a Colorado museum now exhibiting a painting of Jesus Christ receiving homosexual oral sex while at the same time the US Supreme Court has banned the singing in American schools of the Christmas time song Silent Night for all time, all occurring at the same time this American leader is defending the rights of Muslims to build a Mosque near their sacred site New York site of 9/11.

And for those American people believing it couldn’t get worse?  They couldn’t be more mistaken as new reports from the United States are now warning that Obama has ordered his Federal police officials to instruct all of their citizens to immediately report any posting critical of either Obama or the US government, and which we can only assume means this report too.

The great American Founding Father Thomas Jefferson once said, “All tyranny needs to gain a foothold is for people of good conscience to remain silent.”…the silence from America today is deafening.

© October 7, 2010 EU and US all rights reserved. Permission to use this report in its entirety is granted under the condition it is linked back to its original source at WhatDoesItMean.Com.

[Ed. Note: Western governments and their intelligence services actively campaign against the information found in these reports so as not to alarm their citizens about the many catastrophic Earth changes and events to come, a stance that the Sisters of Sorcha Faal strongly disagrees with in believing that it is every human beings right to know the truth.  Due to our missions conflicts with that of those governments, the responses of their ‘agents’ against us has been a longstanding misinformation/misdirection campaign designed to discredit and which is addressed in the report “Who Is Sorcha Faal?”.]

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