Filed under: american union, bernanke, bilderberg, Carbon Tax, Central Banks, CFR, DEBT, Dollar, Economic Collapse, economic crisis, economic depression, Economy, Europe, global economy, Great Depression, Greenback, imf, Income Tax, Inflation, jim tucker, manipulation, New World Order, North American Union, NWO, Paul Volcker, Stock Market, tax, UN, US Economy, van rompuy, VAT, world government
Bilderberg: Raise Taxes, Cut Services in U.S. and Europe
NoWorldSystem.com
April 11, 2010
The Bilderberg Group will meet in Sitges Spain on June 3-6 in efforts to advance their agenda for a new global economic system, they will agree to prolong the recession until 2011. The Bilderberg will discuss plans to level the living standards of Europeans and Americans with 3rd world countries so that we’re all poor together under their World Government Dictatorship.
Bilderberg watcher Jim Tucker discusses his inside information on the groups current agenda; they intend to make all “Europeans and Americans to pay higher income taxes because their plan to level the world so that 3rd world countries rather than living the European and American standard of living drops until we’re all poor together under their world government.” says Jim Tucker. “They manipulated the worldwide depression and now their exploiting it for their own selfish reasons, they intend to [prolong the recession] at least until 2011 for their own purposes, and now we have Bernanke (Bilderberg Member) telling a private group businessmen in Texas ‘it always seems easier putting them off until the day they cannot be put off any more’ he said that ‘we’ve got to raise taxes and cut services.'”.
UPDATE
This week, both past Bilderberg attendees Bernanke and Volcker called out for tax increases.
Bernanke said quote; “These choices are difficult, and it always seems easier to put them off — until the day they cannot be put off anymore.” “To avoid large and ultimately unsustainable budget deficits, the nation will ultimately have to choose among higher taxes, modifications to entitlement programs such as Social Security and Medicare, less spending on everything else from education to defense, or some combination of the above,”. [Source]
Obama’s economic adviser Paul Volcker has promoted an economy killing tax called the ‘Value-Added Tax’ (VAT), on Tuesday he urged the U.S. should raise taxes to help bring deficits under control and add a new European-style VAT tax along with a carbon or other energy-related tax and raise existing taxes, here’s what he said; “If at the end of the day we need to raise taxes, we should raise taxes,”. [Source]
Prisonplanet.com
April 9, 2010
This year’s confab will focus around prolonging the global financial recession and creating more economic woe in order to provide the pretext for more regulation in pursuit of world economic governance, according to Jim Tucker’s sources.
“Bilderberg hopes to keep the global recession going for at least a year, according to an international financial consultant who deals personally with many of them. This is because, among several reasons, Bilderberg still hopes to create a global “treasury department” under the United Nations. Bilderberg first undertook this mission at its meeting last spring in Greece, but the effort was blocked by nationalists in Europe and the United States. “Nationalists” (a dirty word in Bilderberg) objected to surrendering sovereignty to the UN,” writes Tucker.
Tucker’s source highlighted a recent speech by French President Nicolas Sarkozy in which he called for a “new global monetary order.” As we have highlighted, such rhetoric has been abundant over the past year, with British Prime Minister Gordon Brown and EU President Herman Van Rompuy repeatedly echoing similar ideas.
As Bilderberg investigator Daniel Estulin revealed during last year’s Bilderberg meeting in Greece, elitists were planning to paint a false picture of economic recovery in order to sucker investors into ploughing their money back into the stock market, which is exactly what has happened with the Dow soaring back to just below the 11,000 level.
Estulin correctly predicted the housing crash and the 2008 financial meltdown as a result of what his sources inside Bilderberg told him the elite were planning based on what was said at their 2006 meeting in Canada and the 2007 conference in Turkey.
“Bilderberg’s ultimate goal remains unchanged,” writes Tucker. “Turn the UN into a world government with “nation-states” becoming merely geographic references. The European Union is to become a single political entity, followed by the “American Union” and, finally, the “Asian-Pacific Union.” The “American Union” is to include the entire Western Hemisphere, including Cuba and other offshore islands.”
Filed under: aristocrats, bailout, bank bailout, Bank of England, bankruptcy, bernanke, Big Banks, Carbon Tax, Co2, co2 tax, Credit Crisis, DEBT, depopulation, depression, despotism, devaluation, Dictatorship, Dollar, dollar drop, dollar dump, Economic Collapse, economic crisis, economic depression, Economy, Empire, environmental taxation, Eugenics, Fascism, Federal Reserve, GDP, global currency, global economy, global elite, global government, Global Warming, Great Depression, Greenback, hyperinflation, imf, Inflation, internationalist, main street, malthusian, malthusian catastrophe, middle class, New World Order, NWO, obama deception, oligarchy, One World Government, Population Control, Propaganda, ruling class, SDRs, single currency, slavery, Stock Market, Taxpayers, third world, US Economy, Wall Street, webster tarpley, World Bank, world currency, world government
America’s Impending Master Class Dictatorship
cryptogon.com
January 23, 2010
Holy shit, this one will scorch your eyeballs!
Forget my excerpts. Click through and read the whole thing. Highly recommended.
Via: Kitco:
Thanks to the endless barrage of feel-good propaganda that daily assaults the American mind, best epitomized a few months ago by the “green shoots,” everything’s-coming-up-roses propaganda touted by Federal Reserve Chairman Bernanke, the citizens have no idea how disastrous the country’s fiscal, monetary and economic problems truly are. Nor do they perceive the rapidly increasing risk of a totalitarian nightmare descending upon the American Republic.
One stark and sobering way to frame the crisis is this: if the United States government were to nationalize (in other words, steal) every penny of private wealth accumulated by America’s citizens since the nation’s founding 235 years ago, the government would remain totally bankrupt.
According to the Federal Reserve’s most recent report on wealth, America’s private net worth was $53.4 trillion as of September, 2009. But at the same time, America’s debt and unfunded liabilities totaled at least $120,000,000,000,000.00 ($120 trillion), or 225% of the citizens’ net worth. Even if the government expropriated every dollar of private wealth in the nation, it would still have a deficit of $66,600,000,000,000.00 ($66.6 trillion), equal to $214,286.00 for every man, woman and child in America and roughly 500% of GDP. If the government does not directly seize the nation’s private wealth, then it will require $389,610 from each and every citizen to balance the country’s books. State, county and municipal debts and deficits are additional, already elephantine in many states (e.g., California, Illinois, New Jersey and New York) and growing at an alarming rate nationwide. In addition to the federal government, dozens of states are already bankrupt and sinking deeper into the morass every day.
…
It is estimated that the top 1% of Americans control roughly 40% of the nation’s wealth. In other words, 3 million people own $21,400,000,000,000.00 ($21.4 trillion) in net private assets, while the other 305 million own the remaining $32,000,000,000,000.00 ($32 trillion). 77,000,000 (77 million) Americans (the lowest 25%) have mean net assets of minus $2,300 ($-2,300.00) per person; they live from paycheck to paycheck, or on public assistance. The lower 50% of Americans own mean net assets of $27,800 each, about enough to purchase a modest car. Obviously, it would be impossible to retire on such an amount without significant government or other assistance. Meanwhile, the richest 10% of Americans possess mean net assets of $3,976,000.00 each, or 143 times those of the bottom 50%; the top 2% control assets worth more than 1,500 times those in the bottom 50%. When you combine these facts with Wall Street’s typical multi-million dollar annual bonuses, you get an idea of wealth inequality in America. Historically, such extreme inequality has been a well-documented breeding ground for totalitarianism.
If the government decides to expropriate (steal) or commandeer (e.g., force into Treasuries) America’s private wealth in order to buy survival time, such a measure will be designed to destroy the common citizens, not the elite. Insiders will be given advance warning about any such plan, and will be able to transfer their money offshore or into financial vehicles immune from harm. Assuming that the elite moves its money to safety, there would then be $120,000,000,000,000.00 ($120 trillion) in American debt and liabilities supported by only $32,000,000,000,000.00 ($32 trillion) in private net worth, for a deficit of $88,000,000,000,000.00 ($88 trillion). In that case, each American would owe $285,714.29 to balance the country’s books. (Remember to multiply this amount by every person in your household, including any infant children.)
If the common people suspect that something diabolical was in the works, a portion of the $32 trillion in non-elite wealth could be evacuated as well prior to a government expropriation and/or currency devaluation, resulting in less money for the government to steal. What these statistics mean is that it is absolutely impossible for the government to fund its debt and deficits, even if it steals all of the nation’s private wealth. Therefore, the government’s only solutions are either formal bankruptcy (outright debt repudiation and the dismantling of bankrupt government programs) or unprecedented American monetary inflation and debt monetization. If the government chooses to inflate its way out of this fiscal catastrophe, the United States dollar will essentially become worthless. You can be absolutely certain that a PhD. in economics, such as Dr. Bernanke, is well aware of these realities, despite what he might say in speeches. For that matter, so are Chinese schoolchildren, who, when patronized by Treasury Secretary Geithner about America’s “strong dollar,” laughed in his face. One day, perhaps America’s school children will receive a real education so that they, too, will know when to laugh at absurd propaganda.
…
These deficits and debts are now so gargantuan that they have become surreal abstractions impossible even for sophisticated financiers to begin to comprehend. The common citizen has absolutely no idea what these numbers mean, or imply for his or her future. The people have been deluded into thinking that America’s arrogant, egomaniacal, always-wrong-but-never-in-doubt fiscal witch doctors and charlatans, including Greenspan, Rubin, Summers, Geithner and Ponce de Bernanke, have discovered a Monetary Fountain of Youth that endlessly spits up free money from the center of earth, in a geyser of good will toward the United States. Unfortunately, this delusion is false: there is no Monetary Fountain of Youth, and contrary to the apparent beliefs of the self-deified man-gods in Washington, D.C., the debt and deficits are real, completely out of control, and 100% guaranteed to create catastrophic consequences for the nation and its people.
When government “representatives” deliberately sell into slavery the citizens of a so-called free Republic, they have committed treason against those people. This is exactly what has happened in the United States: the citizens have been sold into debt slavery that they and their descendants can never escape, because the debts piled onto their backs can never, ever be paid. Despite expensive and sophisticated brainwashing campaigns emanating from Washington, claiming that America can “grow” out of its deficits and debt, it is arithmetically impossible for the country to do so. The government’s statements that it can dig the nation out of its fiscal hole by digging an even deeper chasm have become parodies and perversions of even totally discredited and morally disgusting Keynesianism.
The people no longer have elected representatives; they have elected traitors.
The enslavement of the American people has been orchestrated by a pernicious Master Class that has taken the United States by the throat. This Master Class is now choking the nation to death as it accelerates its master plan to plunder the people’s dwindling remaining assets. The Master Class comprises politicians, the Wall Street money elite, the Federal Reserve, high-end government (including military) officials, government lobbyists and their paymasters, military suppliers and media oligarchs. The interests and mindset of the Master Class are so totally divorced from those of the average American citizen that it is utterly tone deaf and blind to the justifiable rage sweeping the nation. Its guiding ethics of greed, plunder, power, control and violence are so alien to mainstream American culture and thought that the Master Class might as well be an enemy invader from Mars. But the Master Class here, it is real and it is laying waste to America. To the members of the Master Class, the people are not fellow-citizens; they are instruments of labor, servitude and profit. At first, the Master Class viewed the citizens as serfs; now that they have raped and destroyed the national economy, while in the process amassing unprecedented wealth and power for themselves, they see the people as nothing more than slaves.
Know Your Enemy-The Oligarchs
Filed under: 2-party system, agriculture, Bill Clinton, bush, Colin Powell, corruption, Coup, DEBT, Dictatorship, Empire, food crisis, food shortage, food supply, France, George Bush, haiti, imf, left right paradigm, malthusian, Military, Military Industrial Complex, Naomi Klein, nation building, neocons, Neolibs, obama, occupation, reparations, slavery, sweatshops, third world, War Crimes, Woodrow Wilson, World Bank
U.S. Helped to Break Haiti for Over 200 Years
Common Dreams
January 17, 2010
Why does the US owe Haiti Billions? Colin Powell, former US Secretary of State, stated his foreign policy view as the “Pottery Barn rule.” That is – “if you break it, you own it.”
The US has worked to break Haiti for over 200 years. We owe Haiti. Not charity. We owe Haiti as a matter of justice. Reparations. And not the $100 million promised by President Obama either – that is Powerball money. The US owes Haiti Billions – with a big B.
The US has worked for centuries to break Haiti. The US has used Haiti like a plantation. The US helped bleed the country economically since it freed itself, repeatedly invaded the country militarily, supported dictators who abused the people, used the country as a dumping ground for our own economic advantage, ruined their roads and agriculture, and toppled popularly elected officials. The US has even used Haiti like the old plantation owner and slipped over there repeatedly for sexual recreation.
Here is the briefest history of some of the major US efforts to break Haiti.
In 1804, when Haiti achieved its freedom from France in the world’s first successful slave revolution, the United States refused to recognize the country. The US continued to refuse recognition to Haiti for 60 more years. Why? Because the US continued to enslave millions of its own citizens and feared recognizing Haiti would encourage slave revolution in the US.
After the 1804 revolution, Haiti was the subject of a crippling economic embargo by France and the US. US sanctions lasted until 1863. France ultimately used its military power to force Haiti to pay reparations for the slaves who were freed. The reparations were 150 million francs. (France sold the entire Louisiana territory to the US for 80 million francs!)
Haiti was forced to borrow money from banks in France and the US to pay reparations to France. A major loan from the US to pay off the French was finally paid off in 1947. The current value of the money Haiti was forced to pay to French and US banks? Over $20 Billion – with a big B.
The US occupied and ruled Haiti by force from 1915 to 1934. President n sent troops to invade in 1915. Revolts by Haitians were put down by US military – killing over 2000 in one skirmish alone. For the next nineteen years, the US controlled customs in Haiti, collected taxes, and ran many governmental institutions. How many billions were siphoned off by the US during these 19 years?
From 1957 to 1986 Haiti was forced to live under US backed dictators “Papa Doc” and “Baby Doc” Duvlaier. The US supported these dictators economically and militarily because they did what the US wanted and were politically “anti-communist” – now translatable as against human rights for their people. Duvalier stole millions from Haiti and ran up hundreds of millions in debt that Haiti still owes. Ten thousand Haitians lost their lives. Estimates say that Haiti owes $1.3 billion in external debt and that 40% of that debt was run up by the US-backed Duvaliers.
Thirty years ago Haiti imported no rice. Today Haiti imports nearly all its rice. Though Haiti was the sugar growing capital of the Caribbean, it now imports sugar as well. Why? The US and the US dominated world financial institutions – the International Monetary Fund and the World Bank – forced Haiti to open its markets to the world. Then the US dumped millions of tons of US subsidized rice and sugar into Haiti – undercutting their farmers and ruining Haitian agriculture. By ruining Haitian agriculture, the US has forced Haiti into becoming the third largest world market for US rice. Good for US farmers, bad for Haiti.
In 2002, the US stopped hundreds of millions of dollars in loans to Haiti which were to be used for, among other public projects like education, roads. These are the same roads which relief teams are having so much trouble navigating now!
In 2004, the US again destroyed democracy in Haiti when they supported the coup against Haiti’s elected President Aristide.
Haiti is even used for sexual recreation just like the old time plantations. Check the news carefully and you will find numerous stories of abuse of minors by missionaries, soldiers and charity workers. Plus there are the frequent sexual vacations taken to Haiti by people from the US and elsewhere. What is owed for that? What value would you put on it if it was your sisters and brothers?
US based corporations have for years been teaming up with Haitian elite to run sweatshops teeming with tens of thousands of Haitians who earn less than $2 a day.
The Haitian people have resisted the economic and military power of the US and others ever since their independence. Like all of us, Haitians made their own mistakes as well. But US power has forced Haitians to pay great prices – deaths, debt and abuse.
It is time for the people of the US to join with Haitians and reverse the course of US-Haitian relations.
This brief history shows why the US owes Haiti Billions – with a big B. This is not charity. This is justice. This is reparations. The current crisis is an opportunity for people in the US to own up to our country’s history of dominating Haiti and to make a truly just response.
(For more on the history of exploitation of Haiti by the US see: Paul Farmer, The Uses of Haiti; Peter Hallward, Damming the Flood; and Randall Robinson, An Unbroken Agony)
Naomi Klein Issues Haiti Disaster Capitalism Alert
Filed under: Bank of England, Central Banks, China, fort knox, gold, imf, scam
Fake Gold Bars Found in Fort Knox and BoE
Filed under: Africa, Al Gore, Alex Jones, ban ki-moon, Ben Santer, Britain, cap-and-trade, carbon credit system, carbon credits, carbon dioxide, China, climate change, climategate, Co2, Communism, cop15, copenhagen, Copenhagen treaty, corruption, CRU, david de rothschild, deception, Dictatorship, EAU, Empire, famine, Fascism, george soros, global government, Global Warming, global warming hoax, Hadley CRU, Herman Van Rompuy, imf, ipcc, latin america, leaked emails, Lord Monckton, malthusian, malthusian catastrophe, man made global warming, mao, maurice strong, Mexico, monckton, New World Order, NWO, One World Government, Rompuy, rothschild, Russia, scandal, stalin, UNIPCC, Venezuela, White House, World Bank, world government | Tags: Anthropogenic Global Warming, Climate Colonialism, Climate Research Unit, Danish text leak, East Anglia University
Copenhagen Births World Government Framework Despite Failure to Reach Agreement
PrisonPlanet – Further, many leaders from Third World nations became angered at the ‘Danish text leak’ revealing plans to burden lesser-developed nations with greater emissions cuts and plans to levy a proposed $100 Billion in ‘green’ debt upon poorer nations, to be paid back at interest, of course. George Soros has proved to be at the center of what has been critiqued as ‘Climate Colonialism’ and would prove deadly to populations at-risk for starvation in Africa, Asia, Latin America, Eastern Europe, etc. Already, taking over farmlands for ethanol production in the place of food has been blamed for millions of deaths in the LDCs.
lex also breaks down revelations about the carbon trading and other green schemes. It’s not only players like Al Gore, the Rothschilds and George Soros who stand to make a killing. President Barack Obama– with a great conflict of interest– was a founding investment partner in the Chicago Climate Exchange alongside Maurice Strong, a top Rockefeller agent and leading climate change schemer. Chicago Climate Exchange is written into the architecture of many of the proposals for alternative energy credits, carbon derivatives and other green financial products and stands to provide a worthwhile return on investment.
In the end, the forced-incrementalism towards total world government, with complete dominance over money, debt, food, energy and resources, paid a price in exposure at COP15. Many politicians, journalists and people in general are now well aware that a scam has been forced down upon them– and both their freedom and sovereignty are certainly at stake.
British Peer: Copenhagen Summit Has Established A World Government
Filed under: AGW, Al Gore, Alex Jones, anti-human, Ben Santer, cap-and-tax, carbon credit system, carbon credits, carbon dioxide, Carbon Tax, China, climate change, climate cult, climate science, climategate, Co2, common currency, Communism, Conditioning, cop15, copenhagen, Copenhagen treaty, corruption, cult, darwinists, depopulation, Dictatorship, Dollar, dollar collapse, dollar dump, Empire, environmentalist, environmentalists, Eugenics, Euro, Fascism, george hunt, global currency, global government, Global Warming, global warming hoax, Greenback, greenpeace, Hoax, hypocrisy, imf, indoctrination, ipcc, jesse ventura, kyoto, Lord Monckton, man made global warming, manipulation, maurice strong, monckton, Nazi, New World Order, NWO, Oil, oil companies, One World Government, Population Control, rothschild, scam, scandal, SDR, SDRs, single currency, truTV, UN, united nations, Whistleblowers, World Bank, world currency, world government | Tags: hara
Conspiracy Theory With Jesse Ventura: Global Warming
Airs Wednesdays at 10PM on TruTV
Filed under: carbon dioxide, Carbon Tax, China, climate change, Co2, copenhagen, Copenhagen treaty, despotism, Eugenics, famine, Genocide, george soros, global tax, Global Warming, global warming hoax, Hoax, imf, India, infanticide, third world, World Bank
India, China, Africa walk out of Copenhagen talks – The Real Reason Why
Developing nations discovered neo-colonial agenda behind globalist carbon tax scam
Paul Joseph Watson
Prison Planet.com
December 14, 2009
Developing countries have walked out on the Copenhagen climate talks, but one of the primary reasons as to why nations like China and India have boycotted the summit is being hidden by the corporate media – namely the fact that the negotiations were doomed once poorer countries learned of the globalist’s neo-colonial agenda as a result of the Danish text leak.
“Negotiations at the UN climate summit have been suspended after developing countries withdrew their co-operation,” reports the BBC.
“Delegations were angry at what they saw as moves by the Danish host government to sideline talks on more emission cuts under the Kyoto Protocol. As news spread around the conference centre, activists chanted “We stand with Africa – Kyoto targets now”.
However, the media has completely failed to highlight the real reason behind the walk out – the fact that funds from climate financing, originally allocated to go to the UN and then be doled out piecemeal to third world nations, would instead be paid directly into the coffers of the World Bank and IMF, organizations that have made a habit out of looting poorer countries with crippling debts that cannot be paid back, forcing such countries to hand over their entire infrastructure to globalist loan sharks.
In the leaked Copenhagen text that emerged last week, leaders of third world countries were horrified to discover that developed nations would take on less of a burden than anticipated and that more would be demanded of poorer countries despite the fact that any further cuts in CO2 emissions would further cripple their flimsy economies and poverty-stricken people.
Billionaire elitist George Soros subsequently told Copenhagen delegates how poorer nations would be forced to take on what he described as “green loans” in the name of combating climate change, a policy that would land the already financially devastated third world with even more debt, payable to globalist institutions such as the IMF.
Soros said that $100 billion should be provided in loans to poorer nations to help slow global warming. The proposal would entail third world countries paying back interest to the governments of the richer nations to stem a perceived crisis that they have had little or no direct involvement in creating.
In what amounts to little more than modern day colonialism, debt forgiveness requires countries to sell their health, education, electric, water and other public services to globalist corporations. Such “structural adjustment conditionalities” have led to massive cuts to health and education budgets in the third world.
Poorer countries have also had to discontinue subsidies and trade restrictions that support local business and development.
As we have documented, third world nations are already laboring under skyrocketing food prices caused by climate change policies. This has led to millions of people starving to death because the cost of even the most basic staple foods has spiraled beyond their means. In places like Haiti, people who were scraping a living on mud pies now cannot afford them and are dying in droves.
Poorer countries continue to be politically neutralized and socially and economically dismembered by such policies. This is the primary reason why these countries are now boycotting the Copenhagen summit, but you won’t hear a word about it in the mainstream media, because it is owned by the same globalists who want to keep the lid on the fact that the global carbon tax scam is set up to benefit themselves and themselves only.
Poorer countries who were promised a slice of the pie are now discovering that they in fact face a further plundering as a result of the very same policies that were introduced in the name of helping them.
Filed under: Africa, agriculture, Alex Jones, carbon dioxide, Carbon Tax, climate change, climate science, climategate, Co2, copenhagen, Copenhagen treaty, corruption, darwinists, devaluation, Dictatorship, ecoscience, egypt, Empire, ethanol, Eugenics, famine, Fascism, fearmingering, food crisis, food market, food prices, food shortage, Genocide, global economy, global elite, Global Warming, global warming hoax, government, haiti, Hoax, Holocaust, imf, internationalist, internationalists, italy, john holdren, Lord Monckton, malthusian, malthusian catastrophe, manipulation, mud pie, Nazi, New World Order, NWO, obama, oligarchy, poor, scandal, starvation, sterilization, third world, UN, united nations, World Bank, Zoellick
Genocidal Climate Change Policy is Killing Third World Nations
Millions dying from starvation as a direct consequence of global warming fraud
Paul Joseph Watson
Prison Planet.com
December 10, 2009
The implementation of policies arising out of fraudulent fearmongering and biased studies on global warming is already devastating the third world, with a doubling in food prices causing mass starvation and death – a primary reason why the climategate crooks and their allies should be criminally investigated and hit with the strongest charges possible.
As Lord Monckton outlined in his recent Alex Jones Show appearance, climate change alarmism and implementation of global warming policies is a crime of the highest nature, because it is already having a genocidal impact in countries like Haiti, where the doubling of food prices is resulting in a substantial increase in starvation, poverty and death.
Poor people around the world, “Are being killed in large numbers by starvation as a result of (climate change) policy,” said Monckton, due to huge areas of agricultural land being turned over to the growth of biofuels.
“Take Haiti where they live on mud pie with real mud costing 3 cents each….that’s what they’re living or rather what they’re dying on,” said Monckton, relating how when he gave a speech on this subject, a lady in the front row burst into tears and told him, “I’ve just come back from Haiti – now because of the doubling in world food prices, they can’t even afford the price of a mud pie and they’re dying of starvation all over the place.”
As a National Geographic Report confirmed, “With food prices rising, Haiti’s poorest can’t afford even a daily plate of rice, and some must take desperate measures to fill their bellies,” by “eating mud,” partly as a consequence of “increasing global demand for biofuels.”
In April last year, World Bank President Robert Zoellick admitted that biofuels were a “significant contributor” to soaring food prices that have led to riots in countries such as Haiti, Egypt, the Philippines, and even Italy.
“We estimate that a doubling of food prices over the last three years could potentially push 100 million people in low-income countries deeper into poverty,” he stated.
“That’s how serious this is, these people, by their scientific fraud and financial fraud, they’re profiting enormously….while people die of starvation in a dozen regions of the world….it is a scandal of the worst proportion – our own fellow creatures are being killed by starvation because these people have lied and made up the science and hidden it so nobody else could check,” said Monckton.
If the measures currently being debated at the Copenhagen summit in the name of fighting global warming are passed, we can only expect a further assault on the already horrifying plight of the population of the third world.
In the leaked Copenhagen text that emerged earlier this week, leaders of third world countries were horrified to discover that developed nations would take on less of a burden than anticipated and that more would be demanded of poorer countries despite the fact that any further cuts in CO2 emissions would further cripple their flimsy economies and poverty-stricken people.
In addition, the leaked paper revealed that funds from climate financing, originally allocated to go to the UN and then be doled out piecemeal to third world nations, would instead be paid directly into the coffers of the World Bank and IMF, organizations that have made a habit out of looting poorer countries with crippling loans that cannot be paid back, forcing such countries to hand over their entire infrastructure to globalist loan sharks.
The fact that policies arising out of the contrived science of global warming are already killing people in vast numbers in the third world further illustrates the fact that the entire climate change movement is a Malthusian offshoot of the profusely stated goal on behalf of the global elite to eliminate a huge chunk of the global population via modern-day eugenics.
This agenda was vehemently argued for by President Obama’s top science advisor and one of the pre-eminent climate change ringleaders, John P. Holdren, in his 1977 book Ecoscience, in which he called for installing a “planetary regime” to enforce draconian population control measures such as forced abortion and mandatory sterilization through the water supply.
Watch the segment from the interview below where Monckton discusses how the climate crooks are deliberately devastating the third world with their lies about global warming.
Filed under: China, Credit Crisis, DEBT, Dollar, dollar collapse, dollar dump, Economic Collapse, economic depression, Economy, Federal Reserve, global economy, gold, gold shortage, Great Depression, Greenback, hyperinflation, imf, India, Inflation, jim rogers, Russia, sri lanka, Stock Market, US Economy, Wall Street | Tags: CNBC, jim rickards
Jim Rogers: Gold Price to Double in Coming Months
CommodityOnline
November 28, 2009
The rally in gold prices has driven several bullion analysts to frenzied forecasts. Some say gold prices will reach $2,000 per ounce soon. Others are predicting big boom for the yellow metal, saying gold prices will zoom to $5,000 and eventually to even $15,000 per ounce in the years to come.
What is happening in bullion market these days? Yes, agreed that weakening dollar, global economic meltdown, shrinking gold supply and increasing cost of mining gold from the earth are all making gold the most-sought after investment these days. That is also driving the yellow metal prices to record highs.
These days, the biggest gold buyers are not individual customers or families, but global central bankers that are vying with each other to accumulate gold reserves in an attempt to get out of their decades-old dependence on the US dollar as the best asset class. India jumped into the bullion fray to buy 200 tonnes of gold from the International Monetary Fund (IMF) early this month. Other countries like China, Russia, Brazil and Sri Lanka are frantically trying to accumulate gold reserves.
Jim Rickards Discusses $4,000 Gold on CNBC
One of the leaked climate emails was apparently a press release from “Earth Government” Newsletter dated 27 Mar 2003. The document calls for a ‘democratic’ world government that would amalgamate and reform the prevailing global institutions including the United Nations, IMF, World Bank WTO, NAFTA, FTAA and others “for the good of all.”Filed under: bailout, bailouts, campaign for liberty, Credit Crisis, DEBT, Dollar, Dominique Strauss-Kahn, Economic Collapse, economic depression, Economy, financial market, global economy, Great Depression, Greenback, hyperinflation, imf, Inflation, patriot movement, revolution, Ron Paul, Stock Market, Taxpayers, tea party, truth movement, US Economy, Wall Street | Tags: CBI
IMF Warns of Revolution if Another Round of Bailouts are Handed Out
Washington’s Blog
November 24, 2009
Many officials and experts have warned of violence stemming from the economic crash.
The head of the International Monetary Fund, Dominique Strauss-Kahn, is now warning that there might be a revolution in some countries if governments hand out another round of bailouts to the financial sector:
- The public will not bail out the financial services sector for a second time if another global crisis blows up in four or five years time, the managing-director of the International Monetary Fund warned this morning. Dominique Strauss-Kahn told the CBI annual conference of business leaders that another huge call on public finances by the financial services sector would not be tolerated by the “man in the street” and could even threaten democracy.
“Most advanced economies will not accept any more [bailouts]…The political reaction will be very strong, putting some democracies at risk,” he told delegates.
Filed under: DEBT, Dollar, dollar collapse, dollar dump, Economic Collapse, economic depression, Economy, gold, gold bubble, gold shortage, Great Depression, Greenback, hyperinflation, imf, Inflation, jim rogers, peak gold, Stock Market, US Economy, Wall Street
Gold hits record near $1,150/oz as dollar slips
Jan Harvey
Reuters
November 18, 2009
Gold hit a fresh record high near $1,150 an ounce on Wednesday, boosting precious metals across the board, as a dip in the dollar index added to momentum buying as prices broke through key technical resistance levels.
In non-U.S. dollar terms, gold also climbed, hitting multi-month highs when priced in the euro, sterling and the Australian dollar.
Spot gold hit a high of $1,147.45 and was at $1,146.05 an ounce at 0948 GMT, against $1,141.50 late in New York on Tuesday.
U.S. gold futures for December delivery on the COMEX division of the New York Mercantile Exchange also hit a record $1,148.10 and were later up $7.10 at $1,146.40 an ounce.
Filed under: Barack Obama, bilderberg, Central Banks, China, commodities, common currency, Credit Crisis, DEBT, Dictatorship, Dissent, Dollar, dollar collapse, dollar dump, economic depression, econommic collapse, Economy, Empire, g20, george soros, global central bank, global currency, global economy, global elite, global fascism, global government, global oligarchs, global treasury, Globalism, globalist, gold, Great Depression, Greenback, hyperinflation, imf, IMF bonds, Inflation, internationalism, internationalist, internationalists, manipulated economy, manipulated market, manipulation, market manipulation, New World Order, NWO, obama, Oil, oligarchy, One World Government, Petrol, SDR, SDRs, single currency, slavery, socialism, soros, Stock Market, UN, united nations, US Economy, World Bank, world currency, world government
Soros: “An Orderly Decline of the U.S. Dollar is Acceptable”
Billionaire globalist says China must be more subservient to the IMF’s New World Order, warns Americans that it would be unwise to resist a new world currency
Paul Joseph Watson
Prison Planet.com
October 28, 2009
Billionaire globalist George Soros told the Financial Times during an interview that China will supplant the United States as the leader of the new world order and that America should not resist the country’s decline as the dollar weakens, living standards drop, and a new global currency is introduced.
Asked what Obama should discuss when he visits China next month, Soros stated, “This would be the time because I think you really need to bring China into the creation of a new world order, financial world order,” adding that China was a reluctant member of the IMF who didn’t make enough of a contribution.
“I think you need a new world order that China has to be part of the process of creating it and they have to buy in, they have to own it in the same way as the United States owns…the current order,” said Soros, adding that the G20 was a move in this direction.
Soros said that there was a flight from currencies across the board, and that this is why the price of commodities, notably gold and oil, were generally rising. He also stated that an orderly decline of the dollar was “desirable” and that the entire system needed to be reconstituted towards a global currency.
“You need a new currency system and actually the Special Drawing Rights do give you the makings of a system and I think it’s ill-considered on the part of the United States to resist the wider use of Special Drawing Rights, they could be very useful now when you have a global shortfall of demand, you could actually internationally create currency through Special Drawing Rights,” said Soros, explaining that this was already in process after the IMF injected an allocation of Special Drawing Rights (SDRs) equivalent to $250 billion into the global economy.
Soros also stated that richer countries were already transferring wealth to poorer countries via SDR’s, with the IMF paying for the half per cent transaction cost.
Soros said the world would have to go through a “painful adjustment” following the decline of the dollar and the introduction of a global currency. Reading between the lines, he essentially threatened to kill the dollar completely if the United States did not get on board with the global currency.
Soros predicted that China would become the new engine of the global economy, replacing the U.S., and that this would slow economic growth and reduce living standards. Soros characterized the United States as a drag on the global economy because of the declining dollar.
Watch the video interview below.
Filed under: Africa, African Union, bernanke, bilderberg, Bob Zoellick, central bank, China, common currency, Communism, Daniel Estulin, DEBT, despotism, Dictatorship, Dollar, dollar collapse, dollar dump, Economic Collapse, economic depression, Empire, Fascism, Federal Reserve, g20, george soros, global bankers, global central bank, global currency, global economy, global elite, global government, global oligarchy, global treasury, Globalism, globalists, Great Depression, Greenback, Henry Kissinger, hyperinflation, imf, Inflation, internationalist, internationalists, logan act, manipulated economy, manipulation, market manipulation, Masaaki Shirakawa, New World Order, NWO, oligarchy, One World Government, poverty, Robert Zoellick, Russia, SDR, SDRs, single currency, slavery, socialism, sovereignty, Stock Market, super currency, Timothy Geithner, trilateral commission, UN, united nations, US Treasury, World Bank, world currency, Yoshihiko Noda | Tags: g20 scotland, scotland g20, st. andrews
G20 Elite Plan African Union Controlled by the IMF
The Corbett Report
November 11, 2009
 Daniel Estulin |
In an exclusive interview with The Corbett Report earlier today, Daniel Estulin revealed the behind-the-scenes details of last week’s G20 Finance Minister’s meeting in St. Andrews, Scotland. Many of these details come from actual G20 documents that his sources were able to sneak out of the meetings in spite of security measures which, Estulin notes, were unprecedented “even by Bilderberg standards.” These documents, which contain valuable information about the conference, are available at BilderbergBook.com and have been mirrored on The Corbett Report homepage. They were smuggled out at great personal risk and need to be disseminated widely.
The key issue discussed at the meeting, according to Estulin, was “the next step in globalization, which is the creation of the African Union.” This is part of an unfolding agenda of the ceding of national sovereignty to unnacountable regional governments which can more easily administer and implement the aims of the financial oligarchs. One of these aims is the elite’s exhaustively documented penchant for population reduction, including tying development aid to population control problems. “The creation of the borderless African continent will be spearheaded by the IMF.”
One of the smuggled documents shows that an attendee had the IMF articles of agreement at the meeting and highlighted the fact that funds were made available “under adequate safeguards” to member nations. This is code speak for imposing draconian measures designed to plunge countries into virtual servitude, with the result that in Africa, countries spend five times more revenue on servicing their IMF debts than they do on health care for their own citizens.
Watch an excerpt of the interview in the video below:
The meeting’s attendees, also identified in the smuggled documents, reads like a who’s who of the financial oligarchical elite, including leading Bilderbergers such as U.S. Treasury Secretary Timothy Geithner, Federal Reserve Chairman Ben Bernanke, World Bank President Bob Zoellick, Turkish Finance Minister Ali Babacan and British Finance Minister Alistair Darling and many others. The Trilateral Commission was also represented at the conference by Japanese members Yoshihiko Noda and Masaaki Shirakawa.
In the interview, Estulin discusses the G20’s debate on dumping the U.S. dollar which he first revealed would be on the meeting’s agenda in a press release last week. He indicates that the matter, although discussed, was rejected . “The American and the British delegations tried to persuade the Russian and the Chinese delegates to devalue the dollar and create a basket of currencies or another world currency to take the place of the dollar,” he said. “Luckily, both the Russians and the Chinese told the Americans and the British to go pound sand. They were not willing to do this.”
The idea that the Western financial oligarchs are aiming to dump the U.S. dollar is in line with recent reports that Goldman Sachs (whose members are suspiciously well connected to the upper echelons of the U.S. Treasury) actually took up positions to short the housing market right before the crash. Although a pre-meditated attempt to bring about a financial collapse would appear not to be in the financial oligarch’s self-interest, it makes perfect sense when one considers this as a problem-reaction-solution operation of creating a problem in order to get the public to support a pre-determined solution. In this case, the endgame has always been to use a financial collapse to usher in a New World Order. Now, exactly as precicted, everyone from Kissinger to Soros is using the economic collapse to call for a new financial order of greater international (read: unelected, undemocratic and unaccountable) control over world financial markets. Indeed, just as the G20 was wrapping up, talking heads like Damon Vickers were starting to insert talking points about a new global currency and a “New World Order” onto CNBC. Although it is good news that the dumping of the dollar failed to gain traction at this meeting, it by no means insures that this disastrous move will not continue to be pursued by the influential globalist financiers.
On a positive note, Canadian Finance Minister Jim Flaherty made a show of standing up for the people of the planet by noting that “the recent public policy of privatizing profits and socializing losses is unacceptable to taxpayers,” to which someone responded “Do you think they have noticed?” The response provoked laughter from the assembled oligarchs. Mr. Estulin has a message for the G20 oligarchs: “Gentlemen of the G20, in case you’re wondering: Yes, we the great unwashed have definitely noticed.”
Listen to the full interview by clicking here
U.S. Gives Up Economic Independence to the IMF
World Bank and IMF Join Global Attack on U.S. Dollar
U.S. Dollar Will No Longer Be World Reserve Currency
Filed under: DEBT, Dollar, dollar collapse, Economic Collapse, economic depression, Economy, global economy, gold, gold shortage, Great Depression, Greenback, hyperinflation, imf, India, Inflation, rbi, Stock Market, US Treasury
India buys 200 tons gold from IMF
Times of India
November 4, 2009
More than 18 years after New Delhi pawned 67 tons of gold to tide over a balance of payments crisis, the Reserve Bank of
India has bought thrice that amount of gold from the
International Monetary Fund to diversify its assets.
The IMF on Monday announced the sale of 200 metric tons of gold to the RBI, saying it represented almost half of the total sales volume of 403.3 metric tons that was approved by the Fund’s Executive Board in September.
Welcoming the purchase of 200 metric tons of gold by India’s RBI, IMF MD Dominique Strauss-Kahn said, “I strongly welcome this transaction with RBI.”
“It is an important step toward achieving the objectives of the IMF’s limited gold sales program, which are to help put the Fund’s finances on a sound long-term footing and enable us to step up much-needed concessional lending to the poorest countries.”
For India, the purchase, apart from signaling that its economy has come full circle, is a way of spreading its assets which are said to be currently over-weighted with foreign currency, mainly in the form of sovereign US Treasury bonds. In other words, it is a hedge against a falling dollar.
India is the world’s largest private gold consumer, but the government’s holding of gold as an asset is modest. Even so, the latest purchase puts it at Number 10 among the list of top 10 gold-holders in the world.
Filed under: Barack Obama, bernanke, Big Banks, China, Credit Crisis, death of u.s. economy, DEBT, deflation, devaluation, Dollar, dollar collapse, dollar dump, Economic Collapse, economic depression, Economy, economy collapse, Euro, Federal Reserve, fiat currency, food market, global economy, gold, gold standard, Great Depression, Greenback, housing market, hyperinflation, imf, Inflation, interest rate cuts, job market, latin america, liquidity, obama, Oppression, peter schiff, private banks, rate cut, silver, stock exchange, Stock Market, subprime, subprime lending, unemployment, US Economy, Wall Street, weimar republic, World Bank, Yen, Zimbabwe
Peter Schiff: Get out of the U.S. Dollar NOW
Filed under: bailout, bank bailout, Big Banks, China, Credit Crisis, DEBT, deflation, devaluation, Dollar, dollar collapse, Economic Collapse, economic depression, Economy, Federal Reserve, global currency, global economy, Great Depression, Greenback, hyperinflation, imf, Inflation, interest rate cuts, Japan, liquidity, market manipulation, private bank, rate cut, SDR, SDRs, Stock Market, US Economy, Wall Street, world currency, Yen
Even the Fed Doesn’t Want to Hold U.S. Dollars
Seeking Alpha
Friday, October 23, 2009
This is the scariest image in finance:
The above chart shows the dollar’s performance since the Fed announced its Quantitative Easing program in March. This chart tells us two things:
1. Americans just got 15% poorer on the world stage thanks to Ben Bernanke
2. A currency crisis is in the works (and perhaps already starting)
Regarding #1: When the financial crisis hit, the Fed realized it would need to keep interest rates low while it attempted to bail out the banks (80% of the $200+ trillion in derivatives sitting on commercial banks’ balance sheets are related to interest rates).
The problem with this is that it makes Treasuries very unattractive to foreign investors (China & Japan) who want a higher yield. Consequently, the Fed decided to pick up the slack by buying $300 billion worth of Treasuries through the now famous Quantitative Easing program.
As I noted last week, the Fed is now the largest buyer of US debt (it bought more debt than the next three largest buyers combined in 2Q09). China and Japan are no one’s fools. And they’re not going to fund a monetary policy that is both profligate and likely to erode the value of their dollar holdings.
Which brings us to item #2: the coming dollar crisis.
I am not a huge fan of technical analysis, but it is a useful tool for navigating a trader-heavy, liquidity driven, manipulated market such as today’s. On that note, I want to point out that the dollar began forming a falling bullish wedge pattern starting in June (see above chart). This pattern entails an ever-tightening range of lower highs and lower lows and typically precedes major breakouts to the upside.
Except it didn’t.
As you can see, the dollar broke down out of this pattern in late September. It then rallied back up into the trading range before breaking down again. This is bad news. The next line of support (place where the dollar could bounce) is 76. We’ve already broken that one too.
Now the next line of support is 72. Now, the dollar has only fallen to this level once in the last 30 years (Summer 2008, see the chart below). If we fall below that, then we’re in uncharted territory and a major dollar devaluation is in the works.
Perhaps it’s already happening.
To review a point made earlier, the dollar has lost 15% of its value since March 2009. On an annualized basis, we’re talking about the dollar losing almost a third of its value in one year (30%). That is an absurd level of devaluation. And China, Japan, etc. have had enough. It is now clear that a flight from the dollar has begun; the Fed buys more US debt than the next three biggest buyers combined.
However, what most people don’t realize is that even the Fed itself is shifting away from the dollar. Everyone knows that China and Japan hold massive foreign reserves (the dollar). But the US Federal Reserve does this too (we own euros, yen, etc.). And for some reason the amount of foreign reserve assets (non-dollar assets) on the Fed’s balance sheet skyrocketed by 50% to $133 billion at the end of August.
Now, $133 billion in foreign reserves is nothing compared to China and Japan’s ~$3 trillion. But a 50% increase in one week is an astounding rate of change.
The culprit?
A 500% increase in SDRs: the “global” currency issued by the IMF. The blog ZeroHedge caught this story first and pointed out that SDRs are the IMF’s means of maintaining a “super reserve” currency for the world. SDRs are defined as: a basket of currencies, today consisting of the euro, Japanese yen, pound sterling, and U.S. dollar.
Now, one has to wonder why the US Federal Reserve decided to suddenly buy $40 billion worth of SDRs overnight. The answer is that the IMF decided to massively increase the amount of SDRs outstanding from SDR 21 billion to SDR 204 billion in late August.
This came as part of a G20 decision made in April 2009 to stabilize the global financial system. Interestingly, of the countries involved in buying SDRs, the US bought the most at SDR 30 billion, compared to Japan (SDR 11 billion), and China (SDR 6 billion).
I realize this is getting a bit technical. But in simple terms this means that the US Fed intentionally participated in a world reserve currency scheme that devalued the dollar.
Folks, even the Fed doesn’t want to own dollars. It’s time to look for a currency that can’t be devalued.
Filed under: Bolivia, China, common currency, Credit Crisis, Cuba, DEBT, deflation, Dictatorship, Dollar, dollar collapse, dollar dump, Economic Collapse, economic depression, Economy, Ecuador, Empire, Euro, evo morales, Fascism, fiat currency, France, g20, gas prices, gasoline, global bankers, global central bank, global currency, global economy, global elite, global government, global treasury, Globalism, globalist elite, Great Depression, Greenback, Honduras, Hugo Chavez, hyperinflation, imf, IMF bonds, Inflation, internationalist, internationalists, Iran, Japan, Jose Antonio de Sucre, latin america, market manipulation, middle east, New World Order, Nicaragua, NWO, Oil, One World Government, Petrol, putin, ruble, Russia, SDR, SDRs, Simon Bolivar, single currency, socialism, spain, Stock Market, super currency, tax, Taxpayers, Tehran, UN, united nations, US Economy, Venezuela, Wall Street, World Bank, world currency, world government, yuan
Russia and Iran Now OFFICIALLY Talking of Dumping Dollar for International Trade
Washington’s Blog
October 18, 2009
After the Independent reported that Middle Eastern oil producers, plus China, Japan and France have all agreed to start trading oil using a basket of currencies – instead of the dollar – starting in 9 years, spokesmen for those governments denied it.
The Independent’s reporter explained why the governments were denying the rumor.
But now the governments themselves are starting to admit that they are switching out of the dollar.
For example, Russian Prime Minister Vladimir Putin said Wednesday that Russia is ready to consider using the Russian and Chinese national currencies instead of the dollar in bilateral oil and gas dealings. As Russia’s newspaper RIA Novosti writes:
Russia is ready to consider using the Russian and Chinese national currencies instead of the dollar in bilateral oil and gas dealings, Prime Minister Vladimir Putin said on Wednesday.
The premier, currently on a visit to Beijing, said a final decision on the issue can only be made after a thorough expert analysis.
“Yesterday, energy companies, in particular Gazprom, raised the question of using the national currency. We are ready to examine the possibility of selling energy resources for rubles, but our Chinese partners need rubles for that. We are also ready to sell for yuans,” Putin said.
And Iran’s Press TV reports that Iran wants to completely drop the dollar from its foreign exchange:
Since October 2007, Iran has received 85 percent of its oil revenues in currencies other than the US dollar and Tehran is determined to find a substitute for the US dollar for the rest of its 15 percent of oil revenues, the report added.
This story is confirmed by the Tehran Times, which notes:
As I have repeatedly noted, many countries have been moving out of the dollar for years. The process is simply accelerating.
In line with this plan, Iran has informed Japan that it should use the yen instead of dollars to pay for the oil it buys from the Islamic Republic.
In addition, Iran has decided to open a bourse for oil and gas transactions in currencies other than the U.S. dollar, especially the euro.
Latin America plans US dollar replacement
Press TV
October 17, 2009
Leftist Latin American leaders have agreed on using a new intra- regional trading currency, dubbed as Sucre, instead of the US dollar.
Bolivian President Evo Morales, who hosted leaders of the Bolivarian Alternative for Latin America and the Caribbean (ALBA), said that the “document is approved.”
During the seventh ALBA summit, the leaders agreed on the currency reform as well as approving plans to impose economic sanctions against the coup leaders in Honduras, AFP reported.
The currency, Sucre, is named after Jose Antonio de Sucre who fought for Spain’s independence alongside Venezuelan hero Simon Bolivar in the early 19th century.
Sucre is scheduled to be rolled out in 2010 in a non-paper form.
The nine members of ALBA, conceived by Venezuelan President Hugo Chavez, are Cuba, Dominica, Venezuela, Ecuador, Nicaragua, Honduras, Saint Vincent and Antigua, Bolivia and Barbuda.
The bloc also agreed to replace the International Center for Settlement of Investment Disputes, which is in charge of arbitrating international disputes and has probed a large number of contract disputes between Western energy firms and members of ALBA.
ALBA, which has already lost many of its members, including Ecuador, is echoing the moves of the European Union and its introduction of euro.
Filed under: 1984, 2-party system, anti gun, Barack Obama, Big Brother, bilderberg, biometrics, Bush Sr., cap-and-trade, carbon dioxide, Carbon Tax, Christopher Monckton, climate change, Co2, common currency, Communism, copenhagen, Copenhagen treaty, Credit Crisis, DEBT, Dictatorship, DNA Database, Dollar, dollar collapse, Economic Collapse, economic depression, Economy, Empire, energy, energy tax, environmental taxation, Fascism, Federal Reserve, fiat currency, g20, george h. w. bush, george soros, global bankers, global central bank, global climate treaty, global currency, global economy, global elite, global government, global police force, global tax, global treasury, Global Warming, global warming treaty, Globalism, globalists, Great Depression, Greenback, Gun Control, gun control treaty, health care reform, hyperinflation, imf, IMF bonds, Inflation, International Banks, international criminal court treaty, international treaty, internationalism, internationalist, internationalists, internet, jerome corsi, left right paradigm, Lord Christopher Monckton, market manipulation, neocons, New World Order, NWO, obama, obama deception, obamacare, One World Government, orwell, SDR, SDRs, single currency, socialism, sovereignty, subprime, subprime lending, super currency, Surveillance, truth movement, UN, united nations, US Economy, us sovereignty, Wall Street, World Bank, world currency, world government, world police force, world tax
Obama Will Surrender America To World Government
NoWorldSystem.com
October 17, 2009
“Out of these troubled times, our fifth objective – a New World Order – can emerge. . . Now, we can see a New World Order coming into view. A world in which there is a very real prospect for a New World Order. . .A world where the United Nations, freed from a Cold War stalemate, is poised to fulfill the historic vision of its founders.” -George H.W. Bush
The Minnesota Free Market Institute hosted an event at Bethel University in St. Paul on Wednesday evening. Keynote speaker Lord Christopher Monckton, former science adviser to British Prime Minister Margaret Thatcher, warned the American people to stop Obama from signing a ‘global climate treaty’ at the climate change conference in Copenhagen in December 7-18 that will ultimately surrender U.S. sovereignty to a World Government under the guise of helping the environment.
With every passing day it becomes more evident that Obama is nothing more than a globalist, it is obvious from health care reform that he doesn’t care about the middle class, he is in the pocket of the internationalist elite like Kissinger and the rest of the global elite that wish to establish a World Government Dictatorship under the auspices of the United Nations.
If this international climate change treaty passes, Americans will have no choice but to pay a global climate tax that will be paid directly to the United Nations, at first the tax will be introduced to the public gradually such as a barely noticeable tax at the gas pump, which will later be increased once it has been officially established.
The Bilderberg Group has discussed this new global tax this year among many other things like creating a fast-but-painful depression to better establish a New World Order. The IMF, a United Nations entity has already declared itself the global central bank that will set regulations and issue a global currency to the nations. People like George Soros, IMF and the World Bank are betting against the dollar and with the help of the Federal Reserve will topple the dominance of the U.S. dollar in the world market to destroy the U.S. economy and force the global dictatorship on the western hemisphere.
We are beginning to see the emergence of a New World Order this year, with talks of a new global currency, a global climate tax, a global police force with access to a worldwide database of DNA, biometric and fingerprint records, an international gun-control treaty, an international criminal court treaty, the internet moving towards world government it’s crystal clear what is about to happen in this country.
Obama Poised to Cede US Sovereignty, Claims British Lord
Russian Scholar Says US Will Collapse By 2010 – Re-Colonization of America Before 2011
Filed under: bernanke, common currency, Credit Crisis, DEBT, deflation, Dictatorship, Dollar, dollar collapse, Economic Collapse, economic depression, Economy, Empire, Fascism, Federal Reserve, fiat currency, global bankers, global central bank, global currency, global economy, global elite, global government, global treasury, Globalism, globalist elite, Great Depression, Greenback, hyperinflation, imf, IMF bonds, Inflation, internationalist, internationalists, jimmy carter, main street, New World Order, NWO, Oil, One World Government, OPEC, private bank, SDR, SDRs, single currency, socialism, sovereignty, Stock Market, super currency, Tim Geithner, U.S. treasury, UN, united nations, US Economy, US Treasury, Wall Street, world currency, world government
Confidential Memos Indicate Oil SDR Pricing Shift Would Be “Most Damaging” To United States
Zero Hedge
October 12, 2009
A recently declassified, formerly Confidential, 30 year old memo prepared by Henry Owen for President Jimmy Carter’s eyes only, highlights the perils facing the United States if oil were to be priced in SDRs instead of dollars, a topic which is all the rage today as rumors are swirling that this is an imminent transition to be “put” upon the United States.
In response to your request, we have considered, and discussed with other agencies, whether the US should favor use of SDRs instead of dollars, to pay for crude oil… I have concluded that dollar pricing should be maintained — a view that is shared by State, Treasury and CEA.
The reasons:
1. An announcement that dollars were no longer being used as the unit of account in paying for oil would trigger selling of dollars on the foreign exchange markets. So we would suffer.
2. I don’t see any offsetting gain, since OPEC would probably raise prices in SDR terms, as necessary to recover revenue losses if the SDR appreciated relative to the dollar.
And the conclusion:
We might be able to persuade the OPEC countries to make the shift if the dollar weakened but that’s precisely when the move would be most damaging to us.
Poor Mr. Owen- little did he realize that a mere 3 decades after this memo was penned, the administration would be consumed by a bunch of Wall Street pandering, middle class extortionists, who seek nothing else than to inflate the trillions of toxic “asset” loans that make up the broken backbone of the American financial system. It would come as no surprise if the move is now in fact spearheaded by the same administration which has no other purpose in life than to destroy what little savings Americans have and to throw all their cash to prop up artificially inflated equity prices so that insiders can sell their stock at agreeable levels, and so the toxic companies can use the run up to issue follow on offerings, moderating their untenable debt holdings.
Even more troubling, in another declassified memo, former Undersecretary of the Treasury and President of the New York Fed, Anthony Solomon, reaches this damning conclusion:
The choice of the unit of account for oil pricing is basically under the producing countries’ control. There is no particular economic reason why a shift from the dollar would be contrary to U.S. interest — unless the dollar were to depreciate significant in relation to the currencies in the pricing basket. But there could be major psychological effects. Given the unsettled conditions in the foreign exchange market [TD: so true today, 30 years later], such a step at this time could be interpreted as a lack of confidence in the dollar and as presaging a shift in OPEC investment policy away from the dollar. It could precipitate a serious market reaction.
Alas, even President Carter, seen by many as one of the worst American president in American history was smart enough to not bury his own middle class at the expense of landed Wall Street interests. It is a pity that his current
incarnation, advised by the Bernanke-Summers-Geithner think tank, has such diametrically opposing motivations.
noworldsystem.com 