BE SURE TO WATCH BOTH VIDEOS
The dollar will “cease to be the reserve currency of the world” if the U.S. walks away, Kerry said Tuesday at a Reuters Newsmaker event. – KESQ News
This is just out and out fear mongering by Secretary of State John Kerry and once again shows that the Liberal/Left in power will resort to any means to get their way including trying to frighten the American people. Remember Al Gore on Climate Change? New York city will be totally under water unless we immediately enact draconian Global Warming legislation like Cap and Trade. Well that was over 5 years ago and NYC is still dry.
It is remarkable the extant to which Democrats will go to exaggerate and frighten people, to lie, to slander and to cheat to get their way. “If you like your policy you can keep your policy.” “If you like your doctor, you can keep your doctor.” “The Affordable Care Act will reduce healthcare premiums for the average family by $2,500 per year.”
Just think, with Hillary in deep trouble, John Kerry and Al Gore are contemplating running for President again. God save us!
And then of course Obama tries to smear Republicans: …the president portrayed domestic opponents of the nuclear agreement as partisan Republicans in common cause with “death to America”-chanting Iranian hardliners.
New York-based Boris Schlossberg, managing director of FX Strategy, BK Asset Management, challenged Kerry’s reasoning. He said the dollar’s status could be compromised only if the United States was unable to compete economically on a global scale.
“The reality of the situation is that the U.S. dollar hasn’t been this strong in decades. The thought that it could be replaced as a reserve currency is laughable at this point on a geopolitical basis and nothing in the Iran deal even remotely touches upon that issue,” he added, according to Reuters.
President Barack Obama last week accused critics of the deal of making common cause with Iranian hardliners who chant “Death to America” and said some had beaten the drum for the Iraq war.