Monday, September 29, 2008

The Secret War on the Dollar

Washington — On Wednesday night, President Bush addressed the nation in an effort to convince Congress to pass a bill to "reduce the risk to major financial institutions" and "safeguard American families and businesses." On Thursday he met with Senators John McCain and Barack Obama and other congressional leaders to build a consensus plan for bailing out our financial system. The potentates on the Potomac are now pondering the price-tag for saving Wall Street. Unfortunately, corrupt officials in other capitals are also hard at work undermining what’s left of the U.S. dollar – by printing and distributing their own versions of American currency.

Counterfeiting another nation’s legal tender is not only a crime – it is also an act of aggression. ....

....Last week the Chinese conspirator who brought the counterfeit bills into the U.S. was found guilty and now faces up to 25 years in federal prison. ... if Mahmoud Ahmadinejad shows up in your restaurant for dinner, don’t let him pay in cash.

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