ECrisis takes no joy- no joy at all- in reporting a massive extortion ring underway in the New World Order of racketeering: Correa and Chavez have joined Russia to craft harm to the USA and bring down the value of the U.S. dollar, the EURO and everybody else. As Soros himself embraced the agents of Correa and Chavez during the Obama Inaugural- his paid agents of criminal financial activity- we urge a full stop order to this entire crime underway before the global bank heist is complete.

Rafael Correa has publicly stated on numerous occasions that he hates using the U.S. dollar and prefers a deceptive e-currency or a regional currency backed by Chavez or an IMF currency backed by the U.S. dollar but used only by offshore tax cheats, hedge fund runners and friends of the U.S. Democrats and betting pals of George Soros, also called unknown cartels. As stated below, Ecuador has teamed up with Russia, Iran and Venezuela to raid- also called shorting- and stockpiling gold bullion- against the U.S. dollar and perforce a global shift in preference of their new socialist global currency run by George Soros and Joe Stiglitz and Jeff Sachs through the UN-IMF for crafting a new world order: "As the debasement of the dollar and other currencies around the world becomes more likely, the threat of an international currency crisis has led many to suggest an overhaul of the system. Central banks around the world, including Brazil, China, Ecuador, Europe, India, Middle Eastern countries and Russia have begun to increase their gold reserves in anticipation of a return to the Gold Standard. “Reducing reliance on the dollar and maintaining greater diversification in foreign exchange reserves is the only way to reduce the risk. As a result, an increase in our country’s gold reserves is necessary,” said the Director of the People’s Bank of China." 

During the G-20 in London last week, the USA's president Obama was caught off camera as stating fully that Brazil's soft-communist Lula was his main point man in this entire charade. Worse yet- Obama has no intention- none whatsoever- in handing truth to power in his unending commitment to working for the Soros agenda of a global socialist manifesto and criminally committing treason.

Here is the news about Correa: Ecuador bought gold and its dishonest Correa-controlled Central Bank does not report it.

Who cares, you may say, what Correa and Chavez do. They are liars and miscreants and have run their countries to ground. What does it matter if Correa begs and begs for new loans from the utterly incompetent Inter American Development Bank which recently betted billions on ridiculously illegal mortgage bets to appease and make happy their US Congressional Democrat backers, also called the Democratic Party of the USA. Comes now the IDB begging the USA for a bail out because the IDB illegally betted its money on derivatives backed by Nancy Pelosi's preferred donors of synthetic, opaque financial betting tools, currently bringing down economies of scale in almost 1/2 of the world- the 1/2 that is that betted their money with these illicit offshore, unregulated high risk capitol sucking, destabilizing financial escapades.

And who cares that Correa is demanding billions more- claiming that Ecuador is a poor poor nation that suffered from a loss of oil revenue because it joined OPEC and cannot get over $100 ppb on its exported heavy, unrefined dirty crude- which Ecuador refuses to refine or process legally because its own government is corrupt and incompetent even as it continues to steal from everyone it can. MOODY's tells us today that Correa will have to abandon the US dollar because he has suffered from the global financial panic. This is a lie: Correa's nation suffers because of Correa's dishonest mismanagement of Ecuador. Who cares that Correa demands more loans from the world bankers claiming they are broke when not once ever in 4 years has Ecuador delivered an honest budget and has been stealing from its own citizens while manipulating global bond markets, running speculative bets and now hording gold to drive the USA's economic stability over the edge in to fiscal failure. Ecuador's billions in horded gold will not bring down the EURO or the US dollar, which it debases also at the peril of its own citizens, almost like making a bet that the USA's dollar will fall while secretly doing everything they can to make money from the devaluing of the US dollar: a criminal exercise in itself. But the fact is that teamed with Soros, teamed with Chavez and teamed with Brazil, Russia and Iran to horde gold secretly and bet against the EURO and the US dollar is a racket- a global racket- which extorts one and all and has become a criminal syndicate that must be stopped now.

While Correa continues to lie to the world- and more importantly Ecuadoreans that he has nor holds no gold whatsoever, the global media denounces his lies.

And what you may ask does the U.S. Department of State say when asked about the reported convoys- 23 or so- of containers of God knows what claimed to be horded in Latacunga? The US Department of State says nothing- nothing at all. Correa has ordered to jail anyone who even mentions his currency -whether it be dollars from the USA- which is simply not true- or a newly printed paper currency to substitute for the US dollar or the even more implausible claim by Correa's implausible tales- of which there are now many- that these are newly minted coins for Ecuador possibly made in Iran and shipped by way of Chile. We remind that this would make the cost of one fifty cent piece at well over $3 per coin after the cost of shipping and transport....no matter where any paper bills or coins or whatever originated from. This is of course more Correa propaganda to mislead.  No- it is far more likely that all this movement is indeed a global criminal enterprise to horde gold, no doubt relocated now from Latacunga. We do not know where Chavez or Lula horde their gold but there can be no question any longer that Lula, Chavez, Correa, Putin and the man who runs the U.S. administration of Obama- George Soros- need a swift bring down of their criminal enterprises and untold speculations.

We also remind that Soros's family, along with one of Obama's favorite lobbyists Peter Romero- are involved in major  gold mine ownerships. For his part, Romero also served to help steal from thousands of idiots who actually believe that his service to the Stanford financial criminal empire was a good thing. As idiots like Ivonne Baki rushed to sell human beings investments based on absolutely no due diligence, their dirty dancing continues across Ecuador. In fact, their paid by Correa propagandist, Mr. Barnes also lobbied for Stanford even as he concurrently lies for hire about Correa and his multi billion dollar legal claims- all based on phony data- against Chevron Texaco.  Worse yet, in an effort to assist Correa's deceptive bring down of another U.S. company, Mr Barnes and Correa enjoin the Spanish communist government of Zapatero to indict the chief legal counsel of Chevron Texaco for crimes against humanity. The USA's president Obama had given his explicit support for the specious and unfounded Ecuadorean lawsuits to bankrupt Chevron Texaco because one of his dear friends now works for the Correa team to bankrupt Chevron on false grounds. Now they are assisting Zapatero's non justice through key judge Baltazar Garzon to indict head counsel from Chevron Texaco and demand his arrest by Interpol. We remind that Spanish justice under this team intends to claim criminality with no chance whatsoever for the accused to defend themselves. Obviously Correa and Zapatero think this is a wonderful way to run things. We disagree.

While no Ecuadorean media of any substance is covering this, the TIMES of London is on the story here.

Whoever rhetorically asked the question of looking for the facts from Correa's team, of liars--- how can Ecuadoreans get the facts- there is one thing that Ecuadoreans can and must do: demand in writing from Correa the speculator- what he is doing with their money. Instead of taking Correa's local, low level bribes and stubborn manipulative propaganda, Ecuadoreans can and must at least grow up and stop pretending that they are victims. They are now perpetrators in a global crime of their own making. All Ecuadoreans are now criminal accomplices.

To be sure, Rafael Correa signed on long ago to his- what do they call him-? Correa's favorite economist-Joe Stiglitz's global extortion racket. Indeed, the US embassy in Quito has for many many years demanded that all US AID contractors work under the Soros-Stiglitz plan. This sounds preposterous but it is a fact. And now we see what the Soros-Stiglitz-Correa-Chavez plan has been doing: "A Global Islamo-Socialist Stimulus Plan"

ECrisis takes no joy in this analysis- no joy at all. As a small economy, Ecuador's role is not significant but it is significant in its key supporting role to bring down yours and any financial stability, which is a crime. We see that Correa, Chavez and Soros are betting against any economic recovery for their own socio-economic gains. This is a criminal racket protected by political extortion rings. This needs to be stopped now. Here is how the Obama team in Washington is using U.S. monies to run its new political counting scams in a self perpetuating fraud, replacing Chavez's TASCON Lists with Obama's ACORN Lists:

Here is a response from one lone U.S. Republican from INVESTORS BUSINESS DAILY who reminds us that U.S. law prohibits what the Soros-Obama-IMF-UN funding has just done:       "Prominence Of Dollar Must Be Protected"

ECrisis notes that although the Obama team already gifted and warranted hundreds of billions of U.S. dollars to the latest Soros betting scam, called the IMF-UN-Stiglitz-Soros betters club for offshore racketeering actors, Bachmann is absolutely correct that Timmy Geithner as US Treasury Secretary should be removed under criminal penalties for acting under duress by his boss- Soros-Obama- and breaking with the U.S. Constitution and U.S. federal law, Title 31, Sec. 5103.

Bachmann is so correct in this that Soros himself hastily penned a paid propaganda piece in the FINANCIAL TIMES deflecting the facts about his plan to roll over dishonestly the U.S. Federal Reserve and instead hand it to....himself- his team of socialists. Here is the final G-20 Accord.....

ECrisis wants you to study this of the "G-20" plus Zapatero. Did anyone ask you to review this or accept this? 

-Pedro Camargo for ECrisis