More on Global Currency, 'The Give Act', Militia Profiling

1) More calls for global currency… UN panel touts new global currency reserve system A UN panel of expert economists pressed Thursday for a new global currency reserve scheme to replace the volatile, dollar-based system and for coordinated steps by rich countries to stimulate their economies. On the monetary front, Stiglitz, the 2001 Nobel economics laureate, told a press conference here there was "a growing consensus that there are problems with the dollar reserve system.  He noted that such a system was "relatively volatile, deflationary, unstable and (had) inequity associated with it."  "Developing countries are lending the United States trillions dollars at almost zero interest rates when they have huge needs themselves," Stiglitz noted. "It's indicative of the nature of the problem. It's a net transfer, in a sense, to the United States, a form of foreign aid."  This week, China's central bank chief Zhou Xiaochuan suggested the dollar could be replaced as a reserve currency by an International Monetary Fund (IMF) basket comprising dollars, euros, sterling and yen, saying it would not be easily influenced by individual countries. See: http://www.breitbart.com/article.php?id=CNG.18e9e5692442aa61d7510553b5ffc14e.8b1&show_article=1 1b) Glenn talks with Congresswoman Bachmann (about many things, but world currency comments are below) CONGRESSWOMAN BACHMANN: What that means is all of the countries in the world would have a single currency. We would give up the dollar as our currency and we would just go with a one world currency and now for the first time we're seeing major countries like China, India, Russia, countries like that calling for a one world currency and they want this discussion to occur at the G20. So I asked both the treasury secretary and the Federal Reserve chair if they would categorically denounce this. The reason why is because if we give up the dollar as our standard and commingle the value of a dollar with the value of coinage in Zimbabwe, that dilutes our money supply. We lose control over our economy and economic liberty is inextricably entwined with political liberty. Once you lose your economic freedom, you've lost your political freedom and then we are no more as an exceptional nation as we always have been. So this is imperative. Well, what happened, the day after I asked that question for the treasury secretary, secretary Geithner went before the council on foreign relations and the same subject came up. After that meeting after he categorically denounced it to me, he said to the council on foreign relations he would be open to this proposal of a single currency, of expanding the international monetary funds' special drawing down rates. That's what they're called. And this created a huge firestorm which the value of the dollar literally tumbled upon his words when he said that. See: http://www.glennbeck.com/content/articles/article/196/23295/ 2) More on “The Give Act”, now assigned a new HR Bill number (HR 1444) A proposal in Congress to study whether "mandatory" service should be required of all young people in the United States has suddenly disappeared from a bill that would reauthorize other national service programs such as AmeriCorps. But the plan has appeared in another bill at just about the same time.  WND reported more than a week ago on a plan in the U.S. House of Representatives to determine whether "a workable, fair, and reasonable mandatory service requirement for all able young people" should be developed across the United States. But the language that was included in H.R. 1388 suddenly disappeared.  At about the same time, H.R. 1444 by U.S. Rep. Jim McDermott, D-Wash., appeared and was assigned to the House Committee on Labor and Education.  The bill, under Section 4 (b)6, states: “Whether a workable, fair, and reasonable mandatory service requirement for all able young people could be developed, and how such a requirement could be implemented in a manner that would strengthen the social fabric of the Nation and overcome civic challenges by bringing together people from diverse economic, ethnic, and educational backgrounds.” See: http://www.wnd.com/index.php?fa=PAGE.view&pageId=93015 3) Now banks don’t want government money and are trying to return TARP funds as fast as they can. Can you blame them? Banks Paying Back the TARP Billions: Bad for the Economy? "I think the general principal is that if you're on the TARP list at a later date, it may hamper your ability to raise funds or to compensate your employees, so get off that list as quickly as you can," he said.  Last week, officials at Bank of America, Citigroup and JP Morgan criticized the proposed bonus tax, arguing that it was unfair and could lead the firms to lose talented employees. See: http://abcnews.go.com/print?id=7173568 4) YouTube star summoned to White House? The man who created two phenomenally successful "We The People" YouTube videos urging Americans to stand up against Congress and reclaim their republic now – or perhaps lose it forever – reportedly has been summoned to the White House by President Obama to discuss the subject matter of the short films. See: http://www.wnd.com/index.php?fa=PAGE.view&pageId=92999 5) Fox News: Are You Profiled as a Militia Member? See: http://www.foxnews.com/story/0,2933,510325,00.html 5b) Report Links Conservative Groups to Domestic Terrorism? …The report linked conservative groups to domestic terrorism and cited as suspicious those individuals who may have bumper stickers for third-party political candidates such as Ron Paul, Bob Barr and Chuck Baldwin.  It further warned law enforcement to watch out for individuals with "radical" ideologies based in Christian views, such as opposing illegal immigration, abortion and federal taxes. See: http://www.wnd.com/index.php?fa=PAGE.view&pageId=93067 6) WJC blasts UNHRC religious criticism resolution The World Jewish Congress (WJC) on Friday strongly condemned the previous day's passage in the United Nation Human Rights Council of a resolution calling "defamation of religion" a human rights violation. See: http://www.jpost.com/servlet/Satellite?cid=1237727553553&pagename=JPost%2FJPArticle%2FShowFull 7) FROM WND'S JERUSALEM BUREAU U.S.-backed forces infiltrated by terrorists? JAFFA, Israel – Palestinian Authority President Mahmoud Abbas' Fatah organization suspects its U.S.-backed militias and official intelligence service have been infiltrated by the rival Hamas terrorist organization, according to PA sources speaking to WND. See: http://www.wnd.com/index.php?fa=PAGE.view&pageId=93018 8) Green is the new red…more folly in the name of green: Spokane residents smuggle suds over green brands SPOKANE, Wash. – The quest for squeaky-clean dishes has turned some law-abiding people in Spokane into dishwater-detergent smugglers. They are bringing Cascade or Electrasol in from out of state because the eco-friendly varieties required under Washington state law don't work as well. Spokane County became the launch pad last July for the nation's strictest ban on dishwasher detergent made with phosphates, a measure aimed at reducing water pollution. The ban will be expanded statewide in July 2010, the same time similar laws take effect in several other states. …Among other states that have banned or are banning phosphates in dishwasher detergent are Maryland, Pennsylvania, Virginia, Michigan, Vermont, Minnesota, Illinois, Massachusetts and New York. A bill on Capitol Hill would impose a nationwide ban. See: http://news.yahoo.com/s/ap/20090328/ap_on_re_us/bootleg_detergent