Parliament to vote on the financing of the Peshmerga centrally to be under the command of Irbil

Sunday, February 20, 2011

Parliament to vote on the financing of the Peshmerga centrally to be under the command of Irbil

Alsumaria News / Baghdad

Iraq's parliament voted on Sunday, in the vote on the draft general budget bill on the grounds Guard Kurdistan (Peshmerga) Nizonp a central defense, provided that such forces under the command authority of the Kurdistan region.

The MP said the National Alliance, Ahmed Abbasi told a news conference at the parliament building and attended "Alsumaria News", that "Parliament voted today to consider guards of Iraqi Kurdistan Peshmerga and the Asayish within the system of central defense," noting that "the vote to ensure that you receive forces Peshmerga salary from the Ministry of Defence, not to Iotmarwa Bomrtha but the Ministry of Peshmerga in the region".

The Abbasid that "things are voted on by the reduction of 4% of the general budget, to be transfers were to service institutions," noting that "the vote on the paragraph be counted for the employee transferred from public to private to keep receiving salaries from the state for three years at half the salary."

The Alliance MP that "the parliament also voted on a resolution to withdraw confidence from a Minister who has not completed 75% of the plans of the ministry," pointing to the existence of "a desire to vote to withdraw confidence from conservatives as well."

He pointed to the Abbasid that "a decision was provided for the settlement of balances from 2004 to 20,011 in the period up to mid-October of this year."

http://translate.google.com/translat...-details-.html

INTERNATIONAL MONETARY FUND CALLS FOR ONE-WORLD CURRENCY

02/18/2011

INTERNATIONAL MONETARY FUND CALLS FOR ONE-WORLD CURRENCY

Jerome Corsi, Ph.D.

Plans to fund $2-3 trillion of special drawing rights

The International Monetary Fund has now joined the chorus of calls to utilize IMF Special Drawing Rights, or SDRs, as an alternative to the dollar as the world's reserve currency.

Dominique Strauss-Kahn, managing director of the IMF, told CNN Money there were some "technical hurdles" involved with using SDRs, but he's confident replacing the dollar would help stabilize the global financial system.

In addition to functioning as the world's reserve currency, SDRs could reduce the dependence of central banks on holding U.S. Treasury debt as a key part of their asset portfolios.

CNN Money reported there was consensus at a recent IMF meeting in Washington that IMF members should agree to create $2 trillion of SDRs over the next few years.

U.N. calls for 1-world currency

In July 2010, the United Nations released a report for the replacement of the dollar as the standard for holding foreign-exchange reserves in international trade with a new one-world currency issued by the International Monetary Fund.

The 176-page report, titled "United Nations World Economic and Social Survey 2010," was issued at a high-level meeting of the U.N. Economic and Social Council and published in its entirety on the U.N. website.

"The risk of exchange-rate instability and a hard landing of the dollar could be reduced by having a global payments and reserve system which is less dependent on one single national currency," the report noted.

INTERNATIONAL MONETARY FUND CALLS FOR ONE-WORLD CURRENCY

02/18/2011

INTERNATIONAL MONETARY FUND CALLS FOR ONE-WORLD CURRENCY

Jerome Corsi, Ph.D.

Plans to fund $2-3 trillion of special drawing rights

The International Monetary Fund has now joined the chorus of calls to utilize IMF Special Drawing Rights, or SDRs, as an alternative to the dollar as the world's reserve currency.

Dominique Strauss-Kahn, managing director of the IMF, told CNN Money there were some "technical hurdles" involved with using SDRs, but he's confident replacing the dollar would help stabilize the global financial system.

In addition to functioning as the world's reserve currency, SDRs could reduce the dependence of central banks on holding U.S. Treasury debt as a key part of their asset portfolios.

CNN Money reported there was consensus at a recent IMF meeting in Washington that IMF members should agree to create $2 trillion of SDRs over the next few years.

U.N. calls for 1-world currency

In July 2010, the United Nations released a report for the replacement of the dollar as the standard for holding foreign-exchange reserves in international trade with a new one-world currency issued by the International Monetary Fund.

The 176-page report, titled "United Nations World Economic and Social Survey 2010," was issued at a high-level meeting of the U.N. Economic and Social Council and published in its entirety on the U.N. website.

"The risk of exchange-rate instability and a hard landing of the dollar could be reduced by having a global payments and reserve system which is less dependent on one single national currency," the report noted.

The solution the U.N. report recommended was expanding Special Drawing Rights, or SDRs, at the International Monetary System, with the goal of replacing the dollar as the accepted international standard for holding foreign-exchange reserves.

"A new global reserve system could be created, one that no longer relies on the United States dollar as the single major reserve currency," the U.N. report said.

By placing this statement in print, the United Nations has formally gotten behind a plan that was first advanced by Robert Mundell, the creator of the euro, and later funded through the G-20 by the Obama administration, even though the plan to advance IMF SDRs ultimately means the death of the dollar as the world's standard for international trade.

Let's quickly review the background and the history of the issue.

What are IMF Special Drawing Rights?

SDRs are international reserve assets that are calculated by the IMF in a basket of major currencies that are allocated to the IMF 185 member nation-states in relation to the capital, largely in gold or widely accepted foreign currencies that the IMF member nation-states have on deposit with the IMF.

As Red Alert previously reported, the proposal originally advanced by China and Russia would issue SDRs to central banks of IMF member states far in excess of any gold or currency reserves the member states have on deposit with the IMF.

The idea is to utilize the little-understood and largely-ignored SDRs in a new capacity, as a sort of an international overdraft facility made available to bankrupt of financially failing IMF member nation-states, originated with Ted Turner, formerly a senior official at both the Federal Reserve and the U.S. Treasury.

The IMF created SDRs in 1969 to support the Bretton Woods fixed exchange-rate system.

"The international supply of two key reserve assets - gold and the U.S. dollar - proved inadequate for supporting the expansion of world trade and financial development that was taking place," a document on the IMF website explains. "Therefore, the international community decided to create a new international reserve asset under the auspices of the IMF."

When the Bretton Woods fixed-rate system collapsed, major world currencies, including the dollar, shifted to a floating exchange-rate system where the price of the dollar and other major world currencies was created by trading on international currency exchanges.

Until the current global economic crisis, SDRs issued by the IMF have been used by IMF member nation states primarily as a reserve account to support international trade transactions, not as an alternative international currency available to settle international debt transactions in danger of default.

Fathers of the '1-world currency'

WND has previously reported that strong support for the idea of a one-world currency has come from Canadian economist and Nobel-prize winner professor Robert Mundell, an influential proponent who is credited with having formulated the intellectual basis for creating the euro.

Mundell, currently an adviser to China, was the originator of the suggestion that the IMF should utilize SDRs to replace the dollar as a new world standard for holding foreign-exchange reserves in international trade transactions.

WND has also reported that Benn Steil, a senior fellow and director of international economics at the Council of Foreign Relations, wrote in the May/June 2007 issue of the Council of Foreign Relations' Foreign Affairs magazine an article titled, "The End of National Currency," in which his major conclusion was that "countries should abandon monetary nationalism."

Steil tempered his embrace of one-world currency, writing, "Governments should replace national currencies with the dollar or the euro or, in the case of Asia, collaborate to produce a new multinational currency over a comparably large and economically diversified area."

G20 meeting in London supported 1-world-currency

Red Alert also reported that the G20 summit meeting in London last April took an important step to create a new one-world currency through the International Monetary Fund that is designed to replace the dollar as the world's foreign-exchange reserve currency of choice.

Appearing on the Fox News' "The Sean Hannity Show," political consultant Dick Morris and Hannity agreed the decision by the G20 proved the "conspiracy theorists were right," and there is now clear evidence of a plan to create a one-world currency.

Point 19 of the final communiqu from the G20 summit in London on April 2, 2009, specified that, "We have agreed to support a general SDR which will inject $250 billion into the world economy and increase global liquidity," taking the first steps forward to implement China's proposal that Special Drawing Rights at the International Monetary Fund should be created as a foreign-exchange currency to replace the dollar.

"I think the dollar is now under question," billionaire investor George Soros told CNBC, commenting that the goal was to create an IMF rather than the dollar to use in international trade.

Red Alert has also reported that the United Nations has supported the IMF plan, to utilize SDRs as an alternative to the dollar to settle international trade transactions.

Red Alert believes the world is witnessing the death of the dollar under the Obama administration.

http://www.thecypresstimes.com/article/News/World_News/INTERNATIONAL_MONETARY_FUND_CALLS_FOR_ONEWORLD_CURRENCY/40641

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With little notice from the average joe on the street, the plan for complete and total disarmament in a supposedly peaceful world continues its way toward completion. Known as the START Treaty, the agenda to turn over total military control to the United Nations is being carried out by the Obama administration, in cooperation of the Russian government and the United Nations body.

The Senate is expected as early as Wednesday to discuss the ratification of the treaty with the Russian government, as soon as the Tax package is taken care of stated Harry Reid on Tuesday.

And in order to keep the guise of fighting for the American people, the right side of the “two headed- one party” system has their republicans who have stepped up to “oppose” the Treaty. When asked, however, if the 67 votes needed to ratify the treaty were there, Senate Majority Leader Harry Reid was confident that the 67 votes were assured.

“To have transparency, to understand the rules by which to put structure to that activity, we need START and we need it badly,” said General James Cartwright, vice chairman of the Joint Chiefs of Staff at a White House briefing.

White House Press Secretary (for the Obama Ministry of Truth) Robert Gibbs said Friday that the chamber would remain in session this year for as long as necessary to ratify the START agreement.

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