Is alternative to dollar in works? Plan for 'Special Drawing Rights' creates competition fo
• WNDThe administration of President Barack Obama, without congressional authorization, is advancing a plan that could end the use of the U.S. dollar as the world reserve currency by setting up International Monetary Fund Special Drawing Rights to compete
PETRO DOLLARS WENT OUT 4-5 YEARS AGO AMERICAN DOLLAR IS WORTHLESS IN WORLD CURRENCY MARKET, EURO DOLLAR HAS BEEN WORLD CURRENCY SINCE 2004. FOREIGN ENITITIES WILL DEMAND PAYMENT FOR TRADE DEFICIT AND TREASURY BONDS AND USA HAS NOT MONEY TO PAY, REQUIREMENT IS IN GOLD. THERE IS NO GOLD, USA WILL DEFAULT, FOREIGNERS WILL DEMAND THROUGH UN SANCTIONS. AMERICAN WEALTH, PROPERTY, BUSINESSES, JOBS FREEDOM AND LIBERTY WILL DISAPPEAR WHILE AMERICANS SLEEP. SO FAR ONLY THE TEA PARTY ACTIVITIST HAVE TAKEN TO THE STREETS.