Dominican Government Plans to Return to the Gold Standard

Already target of international bankers? MIN
Before President Danilo Medina has even been sworn in for his second term, it appears that he has already anointed a successor: Reinaldo Pared Perez.

As the large-circulation daily AlMomento reported, Mr. Pared's publicist said that although it may seem rushed for a candidate to be endorsed by a sitting president 4 years before the next elections are due to take place, it now appears that the ruling Dominican Liberation Party -- of which Mr. Medina and Mr. Pared form part -- have already unveiled their master plan to free the Dominican Republic from the pernicious influence of North American mining conglomerates.

Mr. Pared has recently announced that a central aspect of his campaign will center around a plan to return the Dominican Republic to the gold standard, a measure so controversial that the ruling party needs 4 years to test the proverbial international waters.

Up until the CIA-backed tyrannicide which put an end to the dictatorship of Rafael Trujillo, the Dominican Republic had a gold-backed currency, a standard which was done away with after the US military invasion which rocked the Dominican Republic in 1965.

The Caribbean island-nation had one of the world's most stable currencies, on parity with the US dollar, but after the US invasion of 1965, the very same characters who had been instrumental in the assassination of President Trujillo returned in the employ of foreign mining companies.

Among these characters was Richard Volman, a suspected CIA agent who worked for the Canadian mining giant Falconbridge, and who was deported after coming under suspicion of orchestrating another coup against the state.

Despite being deported, Mr. Volman managed to return to the Dominican Republic, and in the decades since, Falconbridge has essentially taken over the Dominican mining sector, stripping the country barren and only paying a meager few percent profit to the government. 

There's currently 143,000 Haitians in the Dominican Republic who are at the absolute mercy of immigration authorities and of the president's desires. Sources close to the Dominican government believe that Mr. Medina and Mr. Pared will stall the deportation of these individuals with the ultimate goal of diverting international pressure, a diversion which will allow the country to free itself of fiat slavery. 

Considering the popularity of the Dominican Liberation Party and the numbers with which Mr. Medina was re-elected, it is most likely that Mr. Pared will be elected, and if he keeps his promise to return to the gold standard, we may yet see one of the most intense economic wars in recent history.

One week ago, we wrote about a secret deal reached between the European Union and the Dominican Republic, an article which featured a picture of Mr. Pared getting off a plane. Mr. Pared has been busy, and apparently successfully, thereby explaining why he was tapped to be the next leader of the DR.