Amid fast-growing pressure on the U.S. dollar’s status as the global reserve currency, authorities in the United Kingdom this week successfully issued sovereign bonds denominated in Communist China’s strictly controlled currency known as the yuan or renminbi. It was the first such bond issue in the Western world, and the largest non-Chinese bond ever sold, according to news reports. While the initial scheme was relatively small — worth about US$500 million, contrasted with about US$200 billion in yearly U.K. government borrowing — its implications for the dollar and the international monetary system could be profound in the longer term, analysts said.
The federal government has known for five decades that blacks were even more susceptible than whites to serious damage from fluoride added to water supplies, but it urged local governments to fluoridate the population anyway, according to newly released documents. In addition to knowingly causing major dental damage known as “fluorosis” to whites and especially blacks through the controversial forced mass-medication scheme, federal health officials never even bothered to inform blacks about the risks. Despite the mounting scientific evidence of harm and the ethical concerns surrounding the involuntary medical treatment, authorities across the United States continue fluoridating public water supplies.
After being ridiculed for squandering taxpayer funds on a 2003 “climate” report that, despite being widely hyped in the establishment press, got literally everything wrong, Obama’s cadres of “global-warming” alarmists at the Pentagon are at it again. In a report released this week, Obama’s Defense Secretary Chuck Hagel parroted a wide range of discredited talking points about “climate change,” with the Defense Department vowing to spend even more public and borrowed wealth to integrate dubious theories on “global warming” into all aspects of the military. The U.S. armed forces will also increasingly be used to prop up anti-American regimes and globalism under the guise of battling “climate change."
The bankrupt Socialist rulers of France are under attack by the monster they helped create and empower. This week, French officials are facing off against European Union finance bosses over a bloated national government budget — EU bosses say the numbers must be slashed before they can be “approved” by Brussels, but French politicians are refusing. Without a resolution to the conflict, the European Commission — a sort of hybrid legislative and executive branch run largely by armies of unaccountable bureaucrats — might overrule Paris and reject its proposed spending spree for next year.
The global-government-promoting Council on Foreign Relations (CFR) published a new report this month demanding further integration of North America, calling for deeper “cooperation” on everything from energy, law enforcement, and healthcare to labor regulations, trade, and education. With the globalist architects well aware of how unpopular their sought-after “North American Union” scheme remains among the public, the CFR appears to have toned down its extreme anti-sovereignty rhetoric. Instead, the new report emphasizes what the outfit called a “new focus” on North America dealing primarily with energy, community, and security. The scheme, however, remains just as radical.
As the Obama administration and the United Nations send military troops and massive amounts of resources in a thus far totally ineffective bid to supposedly combat the deadly Ebola virus, one private company has already “stopped Ebola in its tracks” with exactly zero soldiers, according to National Public Radio. Indeed, using standard medical techniques to control the disease it found through Google searches, Firestone Natural Rubber Company, which operates a giant rubber-tree farm in Ebola-stricken Liberia, has become what the Wall Street Journal described as a “sanctuary of health in a country where cases are doubling every three weeks.”
In a new report on “global governance” and “policy space for development,” the dictator-dominated United Nations blasted free markets and said it was time for what the outfit described as another “international ‘New Deal.’” The wild demand, issued by the UN “Conference on Trade and Development” in its recently released annual report, also included attacks on tax competition, along with calls for more wealth extraction from citizens to fund bigger government, abolishing financial privacy worldwide, and much more. Critics promptly ridiculed the UN outfit and its latest comments as obnoxious, inaccurate, and ideological. But the UN agency, which has previously called for global taxes and a world currency, has no intention of giving up.
As Switzerland’s central bank engages in controversial monetary-policy gimmicks to keep the Swiss franc from rising, voters will have an opportunity to start reining in the scheming next month. On November 30, the wealthy Alpine nation — among the last in the world to decouple its currency from gold — will hold a referendum on whether to force the Swiss National Bank (SNB) to hold a fixed portion of its assets in the precious metal. If approved, the implications for Switzerland, gold prices, precious-metals manipulation, and perhaps even the global fiat-currency regime could be enormous, analysts say.
Much of the world continues to gain greater levels of economic freedom, according to a new report by the Canada-based Fraser Institute ranking more than 150 countries on everything from personal choice to security of private property. Research and studies show the trend should bring more prosperity, longer life spans, and more political freedom as well. But the news is less rosy for the United States — once the most economically free nation on the planet — as the policies of successive congresses and presidential administrations caused a steep decline in the U.S. position on the important index in recent years.
Oops! Vice President Joe Biden did it again. Speaking at Harvard, Obama’s widely ridiculed vice president admitted what astute analysts have known all along: The Obama administration’s “coalition” partners in the supposed battle against the Islamic State (ISIS or ISIL) played a key role in building up the threat from the start. Inadvertently, perhaps, Biden also stumbled upon another truth long accepted as fact among credible analysts: Despite all of Obama’s rhetoric, there is no such thing as a “moderate” force in Syria that the White House claims to have been supporting against Syrian dictator Bashar al-Assad.