posted on Oct, 17 2008 @ 04:43 PM
Bush's statement pertains to the massive amount of people telling their state representatives to not approve the bailout. The US citizens are aware
of the fact that the bailout provided unlimited power to the FED to do pretty much whatever they wanted to and hence the not a govt takeover statement
from Bush. For whatever that's worth.
The one world currency is a misinterpretation. I believe they'd said world currency system. Which would change the way in which currencies are valued
against one another. IN other words we'd use a different system instead of the Dollar based one that we currently have !
The Russians are currently laughing their a##es off at us now. We crashed their currency during the Bush senior presidency to Bankrupt them and end
the cold war. Now the US is experiencing the same.
The Foreign Exchange is the market for currencies or money used in different countries. This how your imported products from where ever whether it be
China, Japan, England or Germany are paid for in their currency. The money you pay in US Dollars is converted to their currency on the Foreign
Exchange or Forex as it's called and transferred via the interbank (Libor) system overseas to their banks.
A Forex Scam is merely a scam utilizing the Forex Market...and is entirely different.
It doesn't necessarily mean that all Forex business is A scam. Merely that some use the Forex to scam others.
Reading all of this Economic Crisis news now, just makes me wanna puke.
I cannot forget the chanting back during the 2004 election of "4 More Years! "
I remember trying to convey to people the Bushes association with the oil industry and Enron and how corrupt they really were. And for the most part,
It generally all fell on deaf ears because people were still buying the "War on Terror" crap and everyone on the contrary was one of those
At least I CAN say that I didn't vote for this crook !
[edit on 17-10-2008 by nh_ee]