HEADS UP! It’s HERE! The New World Currency Design, Presented to the G-8 Delegations (With Pics)

~~By InsightAnalytical-GRL

OK, you know how we keep hearing that the new world currency supplanting the dollar is a long way off?  Well, some folks have other ideas…at the very least, they’re getting ready for the day, whenever it comes.   From Bloomberg News:

Medvedev Shows Off Sample Coin of New ‘World Currency’ at G-8

By Lyubov Pronina

July 10 (Bloomberg) — Russian President Dmitry Medvedev illustrated his call for a supranational currency to replace the dollar by pulling from his pocket a sample coin of a “united future world currency.”

“Here it is,” Medvedev told reporters today in L’Aquila, Italy, after a summit of the Group of Eight nations. “You can see it and touch it.”

The coin, which bears the words “unity in diversity,” was minted in Belgium and presented to the heads of G-8 delegations, Medvedev said.

The question of a supranational currency “concerns everyone now, even the mints,” Medvedev said. The test coin “means they’re getting ready. I think it’s a good sign that we understand how interdependent we are.”

Medvedev has repeatedly called for creating a mix of regional reserve currencies as part of the drive to address the global financial crisis, while questioning the U.S. dollar’s future as a global reserve currency. Russia’s proposals for the G-20 meeting in London in April included the creation of a supranational currency.

There’s actually a website for this “United Future World Currency .   According to Article 1 of the Manifesto

ART. 1

“Unity in diversity” is the foundation that drives this initiative, which started up in 1996. Its aim is to bring people together and go beyond national stereotypes. Its historical importance is even greater than its economic one; it is a goal built on faith, common hope, and the unification of cultural and spiritual roots.

So, this project was underway in 1996??????

If you go to The Long Path section, you’ll see the history of this project.  Here’s an excerpt:

In 1996, Sandro Sassoli had the brilliant idea that the “Ecu”, as the Euro was then known, was not the only opportunity for linking different countries together. Dr. Sassoli is an Italian journalist with a number of high-profile projects to his name. He worked on the ITALIA 90 World Cup campaign, promoting a range of products tied to the official mascot and logo, and inventing the Platinum Ball Trophy. As Chief of Special Programs, he developed a “Year 2000 Medals” project on behalf of the Italian State Mint. He was also responsible for the “Gold Books” program, which featured pages in real gold, and official celebrations to mark the end of the Italian Lira (The Last Day of the Lira at Rome’s Trevi fountain, and the Monument to the Lira, made by real coins).

Against this professional background, Dr. Sassoli believed that another new currency could be possible in the wake of the new European single currency. Giving the new future currency the draft name “Eurodollar”, Dr. Sassoli believed that the Eurodollar was a natural consequence of the historical ties between Europe and the United States. A centuries-old relationship formed by common roots, views and goals and a similar melting pot of different races.

An ideal Manifesto for the program, comprising 10 articles, was drafted in Brussels in 1996. This document has been modified since then, and is now definitive. (more)

Gee, as a kid, my relatives always brought me lira and I still have some.  Light–very light–coins, as I recall. Like play money…and worth about as much…

Here’s the page showing the “test” coin that was presented at the G-8:

FIRST TEST ISSUE:
OBVERSE the “Number 1” icon is repeated five times, representing the five continents. The border inscription reads “Unity in Diversity” and includes the first issue date of 2009.

Author: Luc Luycx, Royal Mint of Belgium.

REVERSE: the Tree of Life, with five leaves symbolizing local tree species that grow in the five continents. The border inscription reads “United Future World Currency”.

Author: Laura Cretara, former artistic chief of the Italian State Mint.


THIS IS FREAKING ME OUT!

But, apparently, the people in the Photo Gallery are all excited about this!

People from various national mints, even Sophia Loren and MARIO CUOMO, all grinning ear to ear!

And, guess what? There is a School Program that’s been involved in coming up with a name and symbol for the currency.

640 children (325 boys and 315 girls) aged between 7 and 18 years took part in an internal competition to come up with a name and symbol for the new currency. This was after they had received input from journalist Sandro Sassoli, creator of this project from its start in 1996 and numerous other events such as official celebrations of the Italian Lira, and from Professor Guido Crapanzano, monetary consultant for the Bank of Italy and representative for Italy on the European Central Bank (ECB)’s international jury which chose the Euro banknote designs.

An international jury, comprising the heads of the world’s leading mints, economists, Nobel-prize winners, and figures from the world of culture and entertainment (including Sophia Loren and Carlo Rambaldi, creator of E.T.), Luc Luycx (creator of the uniform side of the Euro coin), and Hans-Henning  Goehrum and Albert Beck (presidents of the World Money Fair), will have the task of selecting and rewarding the children’s best work on giving the new currency its name and design.

Last validation date: The works have to be sent within 10 May, 2009.

And what is the prize for the winner?

1st work: 1 Gold Banknote, in pure gold 999.9

2nd work: 1 Gold Coin, official tender

3rd work: 1 silver coin, official tender

Getting the hint now about what to do with your dollars?

THE SCANNER-Politics, 11/06/08: NM Elections; PUMA Integrity; LA Times Crapola on Post-Racial Promise; Class; Movie–“Rope”

Note: We are on moderation for awhile so that we may have a hassle-free community.

~~By InsightAnalytical-GRL

Here in NM-CD2 Bill Richardson worked his magic and Harry Teague, the oil guy was elected. The seat usually goes Republican, but Teague is chummy with Republicans like Steve Pearce, who lost the Senate race. Teague and Pearce are in the same line of business and from the same locale. Teague headed a board of some sort in Lea County and was beloved by Republican members. Enough said.  Money came into this race this time, whereas last time, the ex-pastor Al Kissling was not part of the club and he got nothing…except well over 30% of the vote against Pearce.  This time around, he was shut out of the primary.

I wrote extensively about Teague earlier so do a Search of the blog for the gory details…

Tom Udall never set foot down here in Southern NM, except for a closed fundraiser with the money people.  Thank you, Tom Udall!

I did not vote for either of these people because of, in the case of Teague, his past history and close money connections to Richardson and because, in the case of Udall, his slighting of this part of the state.

Locally, the Democrats pretty much took it all except a couple of offices.  My local incumbent state rep returns to Santa Fe and will be joined by a another newly elected Democrat.

I haven’t check the NM political blogs, so I don’t know what the scuttlebutt is on Richardson as a potential Secretary of State. Let him go.  He pulled a few “Obama” tricks down here and I won’t miss him if he goes. Maybe he’ll get lost somewhere in the Middle East and will never be heard from again…

By the way, the problems with absentee ballots not arriving has been forgotten. The local rag reported that voting went smoothly, no problems…Down the memory hole…

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I have to say I really enjoyed Edge of Forever’s (Not Your Sweetie) take on the election and the indications that she hasn’t dropped the mantle of the PUMA.  The little graphic which says “Don’t Follow the Crowd, Stay True to Yourself” at the link captures my feeling completely. I believe in keeping my INTEGRITY, which means we’re going to keep eyeing everything hurled at us from DC with great suspicion.  Edge is one my FAVORITES–maybe because I’m a Jersey girl who grew up about 10 minutes from Midtown Manhattan.  I think we share a common attitude…

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Question of the day: How far down do the expectations get “dialed down,” Pelosi??  As far down as when you “took impeachment off the table” when you took the House in 2006? When you didn’t lift a finger to change Medicare Part D as Kennedy had vowed from the Senate side?  When you let Karl Rove get off without answering the subpoenas the Judiciary Committee had voted to issue? Reality is going to bite a lot of Obamacrats in the butt…

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Continue reading

McCain and the Possible VP Pick–Putting a BOMB under Obama?? (UPDATE 1X–BOMB PLACED–It’s Palin) UPDATE 2X–ONE HELLUVA SPEECH BY PALIN; UPDATE 3X–Palin on Choice/Gays

The lead over at Tennesse Guerrilla Woman this AM is about Gov. Sarah Palin–a mysterious plane arriving in Dayton, OH last night with a woman and two teenagers getting off it and the fact that Pawlenty is NOT going to Ohio today.

If Palin is the VP pick, what does that do to Hillary in 2012? Does she run if Palin is the next one in line?

We know the Democratic Party considers her DONE, so there won’t be support from them, most likely.

Years ago I heard a prediction that the first woman President would come from the Republican side.

Perhaps this will play out…

In the meantime, if Palin is the pick…McCain is putting a bomb under the ass of Obama!!

UPDATE

Edge of Forever is saying she’s PRO-CHOICE...I haven’t confirmed it yet, but if she is….WOW!

Just as I had heard before, SHE IS NOT PRO-CHOICE…

UPDATE 2

A few words on Palin…ONE HELLUVA SPEECH and woman….

UPDATE 3

It seems that while Palin is pro-life (and has put her money where her mouth is by not doing what 80% of those with Downs babies in utero do, namely abort), she doesn’t believe she has the right to make the decision for anyone else.

Doesn’t this sound like how the eloquent Mario Cuomo approached the subject??? I remember a brilliant speech he did on just this subject…how he viewed his Catholic faith versus his public duty to uphold the laws of the land.

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Also, she vetoed a bill that would have blockd partner rights for gays, after consulting about the constitutionality of the proposed law.