CHINA Proposes US AXE DOLLAR for A New World Currency03 24 09

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Austin Goolsby is questioned today 03/24/09 about China's suggestion that we get rid of the Dollar.

Category:

Education

Tags:

• Obama
• CNN
• economic
• advisor
• austin
• goolsby
• China
• Dollar
• crisis
• debt
• federal
• reserve
• USA
• world
• currency

[kggoh]

u American no need to work already, just line up at the bank and ask the fed to print u some money. Isnt it how u work things out?

[nodoubt257]

If we were an Elitist with the Masons or Illuminati, but not regular Americans- no money

[illuminatislut]

still watching cnn??????

lol

[nodoubt257]

who is your source ?

[mickeyray5]

he doesn't know what he's talking about

[slapme7times]

Welcome to the new world order.

[k0rea12]

America sucks

[Zimba9810]

did he just say obama wants to spend money on health care to cut cost?

[elwind45]

Its a Federal Reserve note Blitzer. Not a U.S. dollar. Do not believe this nonsense. The answer to the first question, start a war with Iran. Dunn98632 it not that easy. We grow on debt. Paying off everybodies debts would elimanate borrowing and growth. The system is a wreck because of this debt based system.

[fomastephanovitch]

Good luck investing in education and health. These are quagmires and while all societies should provide these universally, it's just naive to think any of these measures alluded to will provide this miraculous cure that people seem to cling irrationally to.

What is the model they're using? - It's certainly not keynesian as that involves crediting regular tax-payers to encourage them to spend.

It really would have been more prudent to simply pay all the debts and then cut taxes.

[RAGSTAluvsDA90z]

It dont make a difference bekuz when that money goes down people will start using electronic money which will be created by israelis...and if the native or red indians were wiped out from evil...evil still remains there...the medias ther to make you think...lisen to your heart.

[Lulu4Him]

He is a very bad liar!

[mickeyray5]

Of course China would think that