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Treasury Secretary Lew Admits US "International Credibility & Influence Is Being Threatened"
While we try to our patriotic duty every day, Jack Lew's comment that: U.S. ECONOMIC RECOVERY WELL ESTABLISHED, LEW SAYS was too much to bear... so we provide the following 3 charts for guidance in comprehending the propaganda. Why would he blatantly lie in the face of unequivocally bad data? Simple, they are desparate to spin US economic strength as the world comes to realize it no longer needs to rely on a unipolar US-based model...
Economic Growth expectations for the US in 2015 are collapsing...
as Macro data crashes on a scale not see since Lehman...
In fact its the worst start to a year on record...
"well established"? Well perhaps Lew has had a little too much Irish spirit today.
* * *
Why would simply lie about unequivocally bad data? Simple - 4 letters - A I I B!!
The Obama administration warned on Tuesday that rising powers were challenging U.S. leadership in global financial institutions, and urged Congress to approve a deal it says would help preserve U.S. influence.
"New players are challenging U.S. leadership in the multilateral system," Treasury Secretary Jack Lew said in prepared remarks.
Lew urged lawmakers to sign off on a reform of the International Monetary Fund that would give emerging markets a bigger say in global economic policy while also preserving U.S. veto power in the institution. The U.S. and other countries agreed to a deal in 2010, but the U.S. Congress has yet to approve it.
Lew said that "is causing other countries, including some of our allies, to question our commitment to the IMF and other multilateral institutions."
"Our international credibility and influence are being threatened," he said.
U.S. influence challenged in global financial institutions
Charts: Bloomberg
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Fuck you lew
you can feel it and see it all over the place, THE SLOW DECLINE OF USSA
Slow????
Yeah, most other empires took centuries or at least decades to unravel.
One could argue that the Mongol empire went down fast but that wasn't really an empire, it was more like a temporary occupation and looting of a whole bunch of territory.
Anyway, long pop-corn.....
Treasury Secretary Lew Admits US "International Credibility & Influence Is Being Threatened"
He just now noticed this? Was he in a medically-induced coma for the last five years?
"...One could argue that the Mongol empire went down fast but that wasn't really an empire, it was more like a temporary occupation and looting of a whole bunch of territory..."
You just described the Federal Reserve System... except they're a bit more persistent than Mongols.
"Treasury Secretary Lew Admits US "International Credibility & Influence Is Being Threatened" "
Indeed. It IS being threatened.
It is being threatened by the Obama Administration, The US Congress, The State Department, The US Judicial System, The Federal Reserve Bank, The United States' Armed Forces, and just about every other mismanaged and wholly self-interested bureaucratic fiefdom of corruption and stupidity that comprises the United States government as it is presently constituted.
I always liked the 'A Big ship has to take on a lot of water before it sinks' metaphor... Everything seems sorta Ok - for the longest time, and then...
America's foreign policy is screw our friends and bend over for our enemies and yet they are surprised that people are moving to the China bank. Everybody knows the Chinese can't be trusted but they are predictable, America is just one surprise fucking after another and besides our enemies are treated better.
HAPPY ST. PATTYS DAY JACK!!!
(he's Irish. right?)
I almost forgot.. O’bama is Irish, too.
I bet their St. Pat’s day celebration in the Black House will be even better than their Iranian New Year’s bash last week.
Hey Lew, no shit Sherlock. And fuck you too!
@mtndds,
"Hey Lew, no shit Sherlock. And fuck you too!"
No shit Shylock is more like it.
Gives new meaning to the phrase: "You don't know Jack Shit."
Fuck you too, Lew,
With your numbers BS Stew,
You belong in the Loo,
Eating smelly, slippery Poo,
Goodbye, good riddance to you,
You fucking bloodsucking Jew
Treasury Secretary Jack Lew said in prepared remarks:
We're doing God's work you racists!
During the invasion of Iraq, Saddam and his Generals were spouting how victory was at hand.... How is this different?
Saddam's military was pathetic, that's how.
That's about the only difference I can see as well...
Yes and Germany was winning WW2 right up until Allied tanks rolled in to Berlin.
In Saddam case....none of Saddams peopl won. In this case Jack Lew people and OBama friends and cronies have won. They have stolen trillions of Dollars. THAT IS THE DIFFERENCE!
LewD statements.
Green shoots.
No boots.
Part time & Minumum wage.
You gauge.
Recovery?
Haha....
let him know how YOU REALLY feel - lew@clintonemail.com
NoVa
'Tis but a flesh wound.
You've got no arms. What are you going to do? Bleed on me?
Oh, I see, running away then? Come back here you cowardly offensive man. Come back here and get what you deserve. I'll bite your legs off. The Black Knight never loses!
fine doublespeak by obamas writers, oh the weak reserve currency. It is impossible to dethrone the dollar. It must be HANDED OVER to the imf on purpose, and that is what they are doing. The theatrics are for show.
There is a new hit teevee series out called "The Walking Dead". It's a story about a once great super power now clinging on to relevancy. It's pretty good, I highly recommend it.
THE ILLUMINATI LOVE TO SHOW YOU TRUTH THROUGH THEIR SO CALLED " MOVIES"
Thought it's name is Walking Debt
What the fuck? I thought the shadow of the crisis had passed. I am starting to think all of this money printing has not been benefiting main street.
There's your problem right there.... you thought. Thinking has been banned. Please report to FEMA camp 13 to be processed and re-educated.
Fucking thinking terrorist is what he is.
Blasphemer!
The FED is my shepheard, I shall not want.
They maketh me to lie down in fields of digital plenty; they leadeth me to financial liquidity;
They safeguard my portfolio; they leadeth me in paths of security for their financial sake.
Yea though I walk through the valley of the shadow of default, I shall fear no Credit default swaps,
For they art with me; their words and actions comfort me.
They have prepared a table of "FED puts" and QE before me, in the presence of china and russia; they have annointed me with POMO; my balances runneth over
Surely the american reserve currency shall follow me all the days of my life: and I will dwell in the House of the Almighty Dollar forever and ever.
Amen.
The 23rd QE.
I don't know whether to upvote or downvote this... Green for creativity, Red for the the truthiness that we probably all need to be dollar bulls... The alternative will be painful and, possibly, irreversible.
Unfortunately, the last remains of a market that allowed for true price discovery are now long gone, so none of this "analysis" matters. The central planners are in control now. Life is good, chillax bitchez...
Where da freaking jobs at Lew?
query the courtiers, and between bites of finger sandwiches (crust removed) and expensive fish eggs they'll tell you things are awesome! :-) for them... all the kings men, chase with a chic mineral water and a finger or two of fine cognac
"U.S. ECONOMIC RECOVERY WELL ESTABLISHED ~ if you're a dual passport holder"
#UNTRUNCATED
I blame the weather....or Bush...
I blame leprechauns.... greedy little peckers are always after me lucky charms.
I blame unbroken windows. Let's get out there and break some windows so this recovery can get started.
Also, nothing says "USSA is the new China" like green rivers in Chicago on St. Pats.
It's not our commitment, or lack thereof, that concerns other countries. It is our constant use of these financial institutions as tools of extortion that is really pissing them off and driving them right into the arms of China and Russia. Who can blame them?
Don't show Lew these charts. But shove them down his fucking throat.
Maybe more nitrogen and less potassium and potash for moar grote? Miracle grote is on sale now at the hardware store...maybe lew can grab some.
""Lew urged lawmakers to sign off on a reform of the International Monetary Fund that would give emerging markets a bigger say in global economic policy while also preserving U.S. veto power in the institution. The U.S. and other countries agreed to a deal in 2010, but the U.S. Congress has yet to approve it.
Lew said that "is causing other countries, including some of our allies, to question our commitment to the IMF and other multilateral institutions."
"Our international credibility and influence are being threatened," he said." "
This is not the first time a US Treasury Secretary urges Congress to sign off IMF reform. Why should Congress listen, this time? There is little that can change their worldview
Believe me, Congress is NOT going to listen to him.
It's amazing watching Obama side once again with our banks.... but losing. His masters are NOT amused by this.
"Our international credibility and influence is being threatened"
ha, ha, ha, ha,ha,ha,ha,ha, almost lost a nut guffawing,what a fucking sick joke
As the supplier of weapons to ISIL and Sinaloa we have "international credibility" as the employer of Jen Psaki, Victoria Nuland, Kerry, Obozo, McCain, Lindsey Graham, etc. not so much.
Non-brother from another mother
"It is tempting to look at the market as an impartial arbiter .. But balancing the requirements of a stable international system against the desirability of retaining freedom of action for national policy, a number of countries, including the U.S., opted for the latter. -- Paul Volcker (1979, p. 4) "
We pink-socked some folks
Threatened? You mean the like CIA and the bankers do to every other country that would stand on its own two feet?
The thing about a gutterball is that it almost never gets out.
http://www.bloomberg.com/quote/BDIY:IND/chart
The printing press can't be located in Beijing. Let's start WW3 to restore what have lost over the years back to the land of fees.
Obama said that? "rising powers were challenging U.S. leadership in global financial institutions". Why does he assume we have leadership? No real leaders in the US for about 6 years now, but I can name a few that are emerging overseas...
Gee, YA THINK!...this is what you get when you vote for clueless assholes who care more about themselves than the Nation.
You mean all of those golf games and dinners with Hollywood Stars weren't for the benefit of the Country? How could rubbing shoulders with George Clowney not be good for Main Street America?
This should really pop the markets!
The United States has become Israel's whore and the rest of the world knows this. Only Americans themsleves are blind to the fact
Americans love their jooish debt masters, dont kid yourself.
Jack Lew is a fucking joke on steroids.
As Treas. Sec. he possesses all the monetary skills of a monkey with an abacus.
His communication skills are not far behind. Jack Lew, aka, Lack Jew, aka DC DAN (like Baghdad Bob, only bigger and better), aka No shit Sherlock, AKA Captain Obvious.
"Our international credibility and influence are being threatened,"he said.
This guys is a prime example of what's ailing the US and largely, the world. Political appointees with nothing but hubris and nothing with which to back it up. A cheap, empty suit of a man. A dunce. A liar. A cheat. A Traitor. Bought and sold by Monied Interests.
Jack and his ilk should have their bug-out bags packed and ready and their limousines well-cared-for and bulletproof, because if any of them ventures beyond the enclave known as Capitol Hill and into the ghetto that surrounds it, they will be fortunate to return, at all.
When the turn finally comes, the people may have only torches and pitchforks, but how many of their trained bodyguards in DHS will protect them, when these spawn of the devil from hell are killing their friends and families?
Stringing them up would be a waste of good rope. Let them get what they deserve.
THIS: "Political appointees with nothing but hubris and nothing with which to back it up. A cheap, empty suit of a man. A dunce. A liar. A cheat. A Traitor. Bought and sold by Monied Interests."
Hey Lew!
Fuck You!
U.S. ECONOMIC RECOVERY WELL ESTABLISHED, AND WE DIDN'T FIRE ON THE USS LIBERTY, LEW SAYS.
Is it even possible that someone else can threaten credibility? It seems to me that credibility is an outward manifestation of inward characteristics.
If someone else can threaten your credibility, its already gone.
Bingo!
The banking cartel is making its final move: establishment of the IMF as the ultimate financial power over the entire World.
Bill Buckler announced the dollar's demise a few years back: The issue is not the political will of the US government to go on spending beyond its means, it is the political will of the rest of the world to go on accepting the unworkable global system indefinitely. They will not do it.
It is happening now. But, of course, the owners of the Federal Reserve worked out this minor problem years ago. The solution: The International Monetary Fund (IMF).
To switch control to the IMF, the wealth of the American People had to ultimately be reduced to the wages of third world countries, first by moving America’s manufacturing base offshore leaving Americans jobless and then by transferring trillions in Americans wealth to the bankers via the dot.com bubble, the 2008 Meltdown, the housing bust and through QE, transferring the value of Americans’ savings and remaining property to the bankers.
The message to the rest of the world: Not the dollar, anymore? Okay, how about the SDR? The IMF always was intended by its Bretton Woods founders to replace the Fed as the final instrument for social and political change with the object of building world-wide social control.
World government, where all the world’s politicians will need to get their instructions and support, requires only two ingredients, 1) a military power under single control, and 2) a single fiat currency.
Thus, a seamless move from U.S. control to world control is being made by Jack Lew and his band of global financiers, a seam running directly from the Fed as lender of last resort creating currency out of nothing for virtually the entire planet to the IMF as a world central bank creating currency out of nothing… And onward to the demise of freedom and free enterprise.
And, so, today, “Lew urged lawmakers to sign off on a reform of the International Monetary Fund that would give emerging markets a bigger say in global economic policy while also preserving U.S. veto power in the institution” because, he said, "Our international credibility and influence are being threatened."
This. Fuck the IMF, and fuck any US tool who pimps it. I'll resist global government. All the way.
How, pray tell?
“People of privilege will always risk their complete destruction rather than surrender any material part of their advantage.” -- J.K. Galbraith
Wars are fought primarily when one side of a conflict decides to stop surrendering, giving in and compromising. I’m not suggesting that armed revolution will be the event that overturns our growing tyranny. But as these disagreements between the people and their rulers become more and more pronounced, without redress, the implied showdown draws nearer. Frankly, I believe that it will be a peaceful return to representative government. I can envision that more and more Americans will conclude that they can no longer support a government that provides neither freedom nor a future for their upcoming generations. It’s hard to imagine now what those events will look like but to believe a country such as ours, with its communications, inventiveness, mobility, education and heritage of freedom, will finally give up to a police state is unthinkable.
When the public revolt gets strong enough, where will the rulers get the public support to use their 21st century weapons on their own people? Where will they get the military commanders who will order American cities to be attacked? Where will they get the soldiers who will burn and kill in their own communities? A sea change in attitudes is now underway in this country. Who can say where it will lead?
It’s hard to imagine what a revolution will be when it isn’t here yet but we had a small taste during the Bundy moment. It was hard for the Founders to think of taking on one of the world’s greatest sea powers and possibly the world’s greatest military power. And it would have been hard to believe, if you were a Frenchman, and looking at the French monarchy, that you would fight against that kind of resistance, and that in just about two years that monarchy would be pulled down, the king would be killed, and the people would establish a new government. It was hard to believe as a Russian that the Soviet Union was going to fall—and that much of that fall would be without bloodshed.
John Fitzgerald Kennedy made it plain: "Those who make peaceful revolution impossible will make violent revolution inevitable."
Yes, Mr. Lew, we have met the enemy and he is us!
Also, we should abandon the IMF and all other globalist type institutions, especially any founded by us any time after WW I.
Lew also admits he's behind it 100%!
Hillary will send hin an e-mail with attachment of her cooter: "stfu Hebstein!"
Do you think slick willie ever gives "hill" a good banging? Id have to dring a quart of JD. Hell, I wouldnt even bang her daughter. I might go for the son-in-law. He looks like he has a cute tushy. LOL!
Yo Lew, its not US credibility and influence, its the NWO credibility and influence. Why don't you move to Somalia. Go on get out of here.
Right! Give them a say but keep the veto. That sounds like a plan.
That way we still rule the world.
I hope they invite him to stick his concessions in the right place.
Long live the Asian alternative.
how about china is on the IMF board and votes against lending ukraine 17 billion dollars to buy american weapons unless they get 5 billion dollars worth of the weapons sales contracts.
russia agress so long as they get 2 billion dollars of the contracts.
eventually the imf just agress to fund a program to exterminate 20 million ukrainians leaving behind room for chinese, russian, and american investors to cut a deal on importing africans to ukraine to work as slave labor for the gas deals that will be agreed upon.
henceforth ukraine is referred to as black russia.
And Lew, you have little credibility with many American citizens, but I'm sure that is of little concern to you.
How about Lew's credibility as the treasury secretary?
Lew's undergraduate major isn't indicated on any articles about him that I could find. He did one year at Carlton College and finished up at Harvard, then got a law degree. If he majored in ANYTHING that had to do with being treasury secretary it would have been noted. So what background does he have that would qualify him for COO of Citigroup and then Treasury secretary? Why was he made COO and then appointed Treasury secretary without an economics, finance, math or business background? The rules and standards are only for the little people, not the political ruling class.
" Lew began his career as a legislative assistant to Representative Joe Moakley and as a senior policy adviser to former House Speaker Tip O'Neill. Lew then worked as an attorney in private practice before working as a deputy in Boston's office of management and budget. In 1993, he began work for the Clinton Administration as Special Assistant to the President. In 1994 Lew served as Associate Director for Legislative Affairs and Deputy Director of the Office of Management and Budget, where he served as Director of that agency from 1998 to 2001 and from 2010 to 2012. After leaving the Clinton Administration, Lew worked as the Executive Vice President for Operations at New York Universityfrom 2001 to 2006, and as the COO at Citigroup from 2006 to 2008. Lew then served as the first Deputy Secretary of State for Management and Resources, from 2009 to 2010."
http://en.wikipedia.org/wiki/Jack_Lew
How many treaties has the U.S. broken?You can't even count them all.It's not like everybody trusts a bunch of gangsters running Washington that go around beating everyone up,bombing them,overthowing leaders and running the world's biggest dope operations.Ya,uh,where do I sign up Victoria?
Ave Ukraine, ave Tel Aviv.
Fuck the US.
The US credibility has been thrown away, by allowing a bunch of neocons/nazis and globalists to dictate policy.
Now the US is finding itself isolated; its bullying ways are no longer being tolerated. You cannot upset your friends as well as your enemies without serious repercussions. The EU will desert the US because it does not want a war on its doorstep.
I look forward to the day when the US hegemony is over for good.
too late, you retards in Washington
too late, you retards in Washington