“For Russia this situation is a challenge and an opportunity. We are living in a unique time. And we should use it to build a modern, flourishing and strong Russia … which will be a co-founder of the new world economic order and a full participant in the collective political leadership of the post-crisis world.” Russian President Dmitry Medvedev

Russia is not letting an opportunity go unexploited. Putin and Medvedev know the United States has a fool in the White House. Obama is America’s gift to Russia, The balance between superpowers is teetering; America is declining, Russia is rising.

With a wink and a nod to the Great Bear, Obama dismantled the East European missile defense system, a move even more significant in what it said than in what it did. In his speech to the United nations he declared “No nation can or should try to dominate another” and decried any “world order that elevates one nation or group of people over another”. Then he placed our big stick on the sacrificial alter with a vow that the U.S. will not use it’s nuclear capabilities even to counter a nuclear attack upon us.

Sarkozy calls Obama “a mad lunatic”. Putin just smiles.

Nor is Russia about to let a crisis go to waste. Reagan was able to bring down the wall of Russian domination because socialism had bankrupt the economy of the USSR. Therefore, it must be with some delight that the Kremlin sees the “capitalist” West going down the same road they once trod to ruin. The Euro is mortally wounded and the dollar has lost its lure. The ruble cannot replace them but a new world currency designed and supported by the strength of the the world’s rising superpower might make it as the standard for world trade. One world currency is the path to one world government and that is the goal.

Here is the coin that Medved has offered as an example of what might be minted. He distributed them to delegates to the G-8 conference last year. Curiously the inscription is entirely in English.

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