Filed under: 2-party system, bailout, Barack Obama, Bill Clinton, bush, Credit Crisis, DEBT, debt clock, deficit, devaluation, Dictatorship, Dollar, dollar collapse, Economic Collapse, economic depression, Economy, Empire, GDP, George Bush, Great Depression, Greenback, health care reform, hyperinflation, Inflation, John McCain, left right paradigm, main street, middle class, national debt, obama, obama spending, obama stimulus, obamacare, stimulus, Stock Market, Taxpayers, US Economy, US Treasury, Wall Street, White House
U.S. Debt Hits $12 Trillion, Will Double By 2019
Outside the Beltway
November 18, 2009
Barack Obama has been president for just under 10 months but he’s added two trillion to the national debt and will double it by the end of the decade. CBS’ Mark Knoller:
- This latest milestone in the ever-rising journey of the National Debt comes less than eight months after it hit $11 trillion for the first time. The latest high-point is not unexpected, considering the federal deficit for the just-ended 2009 fiscal year hit an all-time high at $1.42-trillion – more than triple the previous year’s record high.
Much of the increase in the deficit and debt is attributed to government spending outpacing revenue – both exacerbated by the recession and the government response to it – including hundreds of billions in bailouts and stimulus spending and tax cuts along with decreased tax revenues due to rising unemployment.
[…]
The National Debt has increased about $1.6 trillion on Mr. Obama’s watch, though less than $4.9 trillion run up during the presidency of George W. Bush.
But the White House budget review issued in August projects that by the end of the current fiscal year on Sept 30th, the National Debt could top $14 trillion. It gets worse. The same document projects that by the end of the decade, the National Debt will hit $24.5 trillion — exceeding the Gross Domestic Product projected for 2019 of $22.8 trillion.
According to the Treasury Department, the debt stood at $5.727 trillion on January 19, 2001, Bill Clinton’s last day in office, and $10.627 trillion when Bush left office eight years later. That’s $612.5 billion (or $0.6125 trillion) a year, during which we fought two major wars, had the 9/11 attacks, and at least two major bailouts to deal with a global financial crisis.
We’re thus far averaging $1.92 trillion a year under Obama, or a factor of 3.146 more. And the government is projecting that we’ll continue spending at this crisis rate for the next decade, more than doubling the current record level?
That ain’t good.
Presumably, we’d have had another major bailout had Bush stayed in office for a third term (were that Constitutionally or politically possible) or had John McCain been elected. So spending and thus the debt would have escalated substantially regardless. But we likely wouldn’t be talking about adding a massive health care payment on top of the pile.
Obama: We must spend our way out of recession (and into deeper debt)
No End in Sight to Govt. Spending Spree: $12.1T Debt Ceiling Set to Be Raised
Filed under: auto bailout, Barack Obama, Congress, Credit Crisis, DEBT, devaluation, Dictatorship, Dollar, Economic Collapse, economic depression, Economy, Empire, Fascism, Great Depression, Greenback, hyperinflation, Inflation, main street, middle class, Military, Military Industrial Complex, obama, obama stimulus, Senate, spending bill, stimulus, Taxpayers, US Economy, Wall Street, wall street bailout
Senate sends $1.1 trillion spending bill to Obama
AP
December 13, 2009
The Senate on Sunday passed a $1.1 trillion spending bill with increased budgets for vast areas of the federal government, including health, education, law enforcement and veterans’ programs.
he more-than-1,000-page package, one of the last essential chores of Congress this year, passed 57-35 and now goes to President Barack Obama for his signature.
The weekend action underlined the legislative crush faced by Congress as it tries to wind up the year. After the vote, the Senate immediately returned to the debate on health care legislation that has consumed its time and energy for weeks. Senate Democrats hope to reach a consensus in the coming days on Obama’s chief domestic priority.
The spending bill combines six of the 12 annual appropriation bills for the 2010 budget year that began Oct. 1. Obama has signed into law five others.
The final one, a $626 billion defense bill, will be used as the base bill for another catch-all package of measures that Congress must deal with in the coming days. Those include action to raise the $12.1 trillion debt ceiling and proposals to stimulate the job market.
The spending bill passed Sunday includes $447 billion for departments’ operating budgets and about $650 billion in mandatory payments for federal benefit programs such as Medicare and Medicaid. Those programs under immediate control of Congress would see increases of about 10 percent.
The FBI gets $7.9 billion, a $680 million increase over 2009; the Veterans Health Administration budget goes from $41 billion to $45.1 billion; and the National Institutes of Health receives $31 billion, a $692 million increase.
All but three Democrats voted for the bill, while all but three Republicans opposed it. Democrats said the spending was critical to meet the needs of a recession-battered economy. “Every bill that is passed, every project that is funded and every job that is created helps America take another step forward on the road of economic recovery,” Senate Majority Leader Harry Reid, D-Nev., said after the vote.
Republicans decried what they called out-of control spending and pointed to an estimated $3.9 billion in the bill for more than 5,000 local projects sought by individual lawmakers from both parties.
The Citizens Against Government Waste said those projects included construction of a county farmer’s market in Kentucky, renovation of a historic theater in New York and restoration of a mill in Rhode Island.
Sen. John McCain, R-Ariz., a longtime critic of such projects, said it was “shameful” that so many had found their way into the legislation. Most Americans, he said, were watching football and not the Senate debate, adding, “If they knew what we are about to pass ….”
The legislation also contains numerous items not directly related to spending. It provides help for auto dealers facing closure, ends a ban on funding by the District of Columbia government for abortions and allows the district to permit medical marijuana, lets Amtrak passengers carry unloaded handguns in their checked baggage and permits detainees held at Guantanamo Bay to be transferred to the United States to stand trial, but not to be released.
The bill also approves a 2 percent pay increase for federal workers.
With the Senate concentrating on health care, attention on the upcoming jobs plan shifts to the House.
The defense bill that will be the basis for the package normally enjoys wide bipartisan support, but Republicans, and some fiscally conservative Democrats, are unhappy with the prospect of another jolt of deficit-swelling spending.
Congress must soon raise the debt ceiling, now at $12.1 trillion, so the Treasury can continue to borrow, and Democratic leaders are eyeing a new figure close to $14 trillion, pushing the issue past next November’s election.
But a bipartisan group in the Senate says a higher ceiling should be tied to creation of a task force on deficit reduction, and House Democratic moderates say their votes could depend on winning a “pay-as-you-go” law requiring that new tax cuts or spending programs don’t add to the deficit.
Sen. Mark Warner, D-Va., on CNN’s “State of the Union,” favored a deficit task force. He said he didn’t “see how this process where everybody kind of lards on is going to actually ever come to an end unless we finally have the discipline to do a straight up-or-down vote across the board on revenues and spending cuts.”
Proposals to put people back to work include tax breaks for new company hires, small business tax breaks, public works spending and federal aid to states.
Congress is also likely to extend measures, included in the $787 billion stimulus act last February, that provide jobless payments and health insurance subsidies for the unemployed.
Filed under: 2008 Election, auto bailout, bailout, bank bailout, Barack Obama, Bear Stearns, bernanke, brad sherman, bush, campaign for liberty, cash for clunkers, Congress, Credit Crisis, DEBT, devaluation, Dictatorship, Dollar, Economic Collapse, economic depression, Economy, Empire, Fascism, fearmongering, George Bush, Goldman Sachs, Great Depression, Greenback, House, housing market, hyperinflation, Inflation, jim kramer, main street, Martial Law, Media Manipulation, middle class, Military Industrial Complex, obama, obama stimulus, Paulson, real estate, Ron Paul, Senate, spending bill, stimulus, Stock Market, subprime, subprime lending, subprime mortgage bubble, Taxpayers, US Economy, US Treasury, Wall Street, wall street bailout, War On Terror
Houses Passes $1.1 Trillion Spending Bill
Antiwar.com
December 10, 2009
There was a time when the federal government’s annual budget was submitted by the president and decided by the Congress in a relatively straightforward fashion. A time when it wasn’t so difficult to figure out what the government spent taxpayers’ money on.
But this is, or soon will be, 2010, and President Obama’s promises of transparency aside, the new way of doing things in the perpetual wartime economy is to pass bulky spending bills filled with anything and everything Congressmen want on an accelerated schedule, every few months.
In today’s example, a 1088 page $1.1 trillion “compromise” spending bill passed through the House of Representatives in a 221-202 vote along partisan lines. The bill covers everything from veteran’s benefits to arbitration for car dealers and, of course, a hefty raise in the foreign aid budget.
The latest massive spending bill comes less than two months after the White House signed a $680 billion “Defense Spending Bill,” which included hate crimes legislation provisions and restarted military tribunals at Guantanamo Bay.
That bill itself came just a few months after a $106 billion “emergency” war spending bill, which included a number of “pet projects,” including the so-called Cash for Clunkers program that subsidized new car purchases in return for a promise to destroy what were in many cases serviceable used cars.
Which of course came not long after the $787 billion “stimulus bill” aimed at hurling enough money at assorted government programs that the economy would improve.
When President Obama took office, he promised a more transparent budget, particularly with promises to stop requesting “emergency” war spending bills to pay for what are now several year old wars.
This promise, like so many others, will likely be ignored, as the defense budgets have projected a more rapid pullout from Iraq and did not include last week’s massive escalation of the Afghan War, itself a $30 billion addition to the annual cost. Instead, America seems poised to continue the new way of doing things, piecemeal spending bills which provide ample opportunity to include the trendy projects that Congress craves and the unclear picture of the overall cost of war that keeps the voter largely in the dark about how much the nation’s assorted adventures really cost.
Look Who got the economy wrong and why are they still in charge
Filed under: Al Gore, Barack Obama, cap-and-trade, carbon dioxide, Carbon Tax, climate bailout, climate change, climate science, climate tax, climategate, Co2, copenhagen, Copenhagen treaty, corruption, CRU, Dictatorship, dr. Phil Jones, eco-nazis, Empire, energy, energy tax, environmental taxation, Fascism, fearmongering, federal crimes, gangsters, gas tax, global tax, global treaty, Global Warming, global warming hoax, global warming skeptics, government regulations, green nazis, Hadley CRU, Hoax, international treaty, john holdren, manipulation, maurice strong, obama deception, obama stimulus, Oil, peer reviewed, Petrol, Propaganda, qui bono, scandal, Senate, stimulus, UN, united nations, White House, world tax, world treaty | Tags: Anthropogenic Global Warming, Capricorn Investment Group, CCX, Chicago Climate Exchange, Climate Research Unit, East Anglia, Silver Spring Networks
Al Gore Set To Make Billions On Carbon Tax Scam
Obama to help Gore’s pocketbook by signing the ‘global climate treaty’ in Copenhagen, Denmark on Dec.7-18
Paul Joseph Watson
Prison Planet.com
November 3, 2009
The New York Times has lifted the lid on how Al Gore stands to benefit to the tune of billions of dollars if the carbon tax proposals he is pushing come to fruition in the United States, while documenting how he has already lined his pockets on the back of exaggerated fearmongering about global warming.
As is to be expected, the article is largely a whitewash and takes an apologist stance in defense of Gore.
However, the NY Times‘ John M. Broder does reveal how one of the companies Gore invested in, Silver Spring Networks, recently received a contract worth $560 million dollars from the Energy Department to install “smart meters” in people’s homes that record (and critics fear could eventually regulate) energy usage.
“Kleiner Perkins and its partners, including Mr. Gore, could recoup their investment many times over in coming years,” states the report, highlighting the fact that Gore is “well positioned to profit from this green transformation, if and when it comes.”
“Critics, mostly on the political right and among global warming skeptics, say Mr. Gore is poised to become the world’s first “carbon billionaire,” profiteering from government policies he supports that would direct billions of dollars to the business ventures he has invested in,” writes Broder.
Since he left office, Gore’s personal net worth has skyrocketed on the back of his advocacy for global warming issues and the financial dividends this has reaped. Gore’s assets totaled less than $2 million in 2001 and although he refuses to give a figure for his current net worth, a recent single investment of $35 million in Capricorn Investment Group, a private equity fund, illustrates just how fast Gore has enriched himself from his climate change bandwagon.
The Times report notes how Gore “has a stake in the world’s pre-eminent carbon credit trading market.” As we reported back in March, before he became President Barack Obama also helped fund the profiteers of the carbon taxation program that he is now seeking to implement as law.
The Chicago Climate Exchange (CCX) has direct ties to both Al Gore and Maurice Strong, two figures intimately involved with a long standing movement to use the theory of man made global warming as a mechanism for profit and social engineering. Gore’s investment company, Generation Investment Management, which sells carbon offset opportunities, is the largest shareholder of CCX.
ClimateGate: Phil Jones has collected a staggering $22.6 million in grants
IceAge Now
November 21, 2009
Excerpts from a post by Michael Shedlock – “It’s now official. Much of the hype about global warming is nothing but a complete scam. The global warming thesis was completely fabricated.
“Inquiring minds are reading Hacked: Hadley CRU FOI2009 Files on The Reference Frame by Luboš Motl, a physicist from the Czech Republic.
“So far, the most interesting file I found in the “documents” directory is pdj_grant_since1990.xls which shows that since 1990, Phil Jones has collected a staggering 13.7 million British pounds ($22.6 million) in grants.
“Phil Jones, the main criminal according to this correspondence, has personally confirmed that the website was hacked and that the documents are authentic. See Briefing Room.
Filed under: bank bailout, China, Credit Crisis, DEBT, Dollar, dollar collapse, Economic Collapse, economic depression, Economy, Federal Reserve, global economy, gold, Great Depression, Greenback, hyperinflation, India, Inflation, obama stimulus, peter schiff, Russia, silver, silver shortage, Stock Market, US Economy
GOLD UPDATE – (11/11/2009)
As the market opened today Gold hit an all-time high of $1,117.80-$1,115 per troy ounce, that is nearly a $10 dollar difference from just a few days ago.
The steep rise in gold has many factors but mainly because China, India and Russia are moving towards gold and silver as a storage of wealth, and also the other factor of course is the dollar is in the dumps. Is this a sign of hyper-inflation at our doorstep?
Schiff: Gold could reach $5,000 before dollar death
What silver and gold should you buy?
Filed under: Barack Obama, Communism, Congress, Credit Crisis, DEBT, deflation, Dictatorship, Dollar, Economic Collapse, economic depression, Economy, Empire, Fascism, global economy, Great Depression, Greenback, hyperinflation, Income Tax, Inflation, IRS, Neolibs, obama, obama deception, obama stimulus, socialism, Stock Market, tax, tax rebates, Taxpayers, US Economy, Wall Street | Tags: golf cart credit, golf cart rebate, golf cart stimulus, The 2009 American Recovery and Reinvestment Act
$5,500 Golf Cart Tax Credit in Obama Stimulus Bill
Taxprof
October 22, 2009
We thought cash for clunkers was the ultimate waste of taxpayer money, but as usual we were too optimistic. Thanks to the federal tax credit to buy high-mileage cars that was part of President Obama’s stimulus plan, Uncle Sam is now paying Americans to buy that great necessity of modern life, the golf cart. The federal credit provides from $4,200 to $5,500 for the purchase of an electric vehicle, and when it is combined with similar incentive plans in many states the tax credits can pay for nearly the entire cost of a golf cart.
This golf-cart fiasco perfectly illustrates tax policy in the age of Obama, when politicians dole out credits and loopholes for everything from plug-in cars to fuel efficient appliances, home insulation and vitamins. Democrats then insist that to pay for these absurdities they have no choice but to raise tax rates on other things—like work and investment—that aren’t politically in vogue. If this keeps up, it’ll soon make more sense to retire and play golf than work for a living.
Filed under: 2-party system, Barack Obama, bush = obama, Congress, Credit Crisis, DEBT, deficit, deficit spending, deflation, Dollar, dollar collapse, Economic Collapse, economic depression, Economy, George Bush, george w. bush, Great Depression, Greenback, health care reform, House, hyperinflation, Inflation, left right paradigm, Mitch McConnell, national debt, Neolibs, obama, obama = bush, obama stimulus, obamacare, Senate, stimulus, Stock Market, US Economy, Wall Street
Dems Looking To Raise Debt Ceiling To $13 Trillion
Washington Post
October 22, 2009
Within the next few weeks, probably as soon as the votes on health-care reform have been taken, the Senate faces the painful duty of once again raising the statutory limit on the national debt, as the House already has done.
It is never fun for the party in power, but this year will be harder than ever on the Democrats. The final accounting on the just-ended fiscal year, delivered last week, showed a record deficit of $1.4 trillion, a gap that is the largest since the end of World War II when measured against the size of the overall economy.
This is what $1 Trillion dollars looks like. The Obama administration spent One-Trillion-Four-Hundred-Billion dollars in just one year.
The Republicans are poised to pounce. Senate Republican leader Mitch McConnell accused the Democrats of “acting like a teenager on a spending spree with his parent’s credit card with no regard to who pays the bill.”
The Democrats, in turn, blamed the George W. Bush administration for starting the deficit spending and say that they themselves had no choice but to spread the red ink in order to deal with the potential economic collapse they inherited.
The one barely possible benefit from this predictably futile partisan bloodbath is the opportunity it could offer to leverage support for a long-standing bipartisan effort to force Congress to confront the hard steps needed to put the nation on a safer fiscal course.
Filed under: 2009 bilderberg, american union, Amero, asian union, Asian-Pacific Union, Barack Obama, bilderberg, blair, Britain, Canada, centralization, China, Colonialism, common currency, Continuity of Government, Control Grid, Credit Crisis, DEBT, Dictatorship, Dollar, Economic Collapse, economic depression, economic world order, Economy, Empire, environmental taxation, Euro, Europe, european union, Fascism, Federal Reserve, g20, global currency, global economy, global elite, global government, global tax, global treaty, Globalism, globalists, Great Depression, Greenback, hyperinflation, imf, IMF bonds, Inflation, internationalist, internationalists, ireland, Japan, jim tucker, lisbon treaty, Martial Law, Mexico, NAFTA, NAU, Nazi, New World Order, North American Union, NWO, obama, obama stimulus, One World Government, private bank, Russia, SDR, SDRs, single currency, socialism, sovereignty, Soviet Union, SPP, stimulus, Stock Market, super currency, UN, United Future World Currency, United Kingdom, united nations, US Economy, US Treasury, Wall Street, World Bank, world currency, world government | Tags: international criminal court, james steinberg
Russian Scholar Says US Will Collapse By 2010 – Re-Colonization of America Before 2011
NoWorldSystem.com
October 3, 2009
Russian Professor Igor Panarin predicts that the United State will completely collapse due to the faltering economy in 2010 much like the Soviet Union did in 1991, he also warns Barack Obama will order Martial Law during the economic depression that will create total chaos for Americans while the still-standing nations take over the country. According to the professor the states will split into six rump-states before 2011 where Russia, China, European Union, Canada, Japan and Mexico will re-colonize what’s left of the United States.
“In my opinion, the probability of the U.S. ceasing to exist by June, 2010 exceeds 50%. At this point,” warns Panarin, a doctor and professor of Russian Diplomatic Academy Ministry of Foreign Affairs.
Panarin also made it clear that President Obama has and will do nothing to stop the coming collapse of the U.S. economy and the U.S. dollar, he says can all begin to unfold as early as November 2009.
“Obama is “the president of hope”, but in a year there won’t be any hope,” said Panarin. “He’s practically another Gorbachev – he likes to talk but hasn’t really managed to do anything. Gorbachev at least had been a secretary of a regional communist party administration, whereas Obama was just a social worker. His mentality is totally different. He’s a nice person and talks nicely – but he’s not a leader and will take America to a crash. When Americans understand that – it will be like a bomb explosion.”
Obama has officially embraced the New World Order at the G20 meeting in New York, stating; “The time has come for the world to move into a new direction” and that the world must “embrace a new era of mutual interests”.
Basically the New World Order is a World Government agenda that will force all nation-states to be in favor of a World Government Dictatorship, under the auspices of the United Nation. The plan is to divide the world into 3 giant Continental Unions, each will have their own individual currency.
The goal is an “Asian-Pacific Union” and the “American Union” both modeled after the already established European Union (EU). The EU has its common currency, the euro, and a European Parliament that can impose laws and the once sovereign nations of Europe and a European Court superior to the highest courts of member states. The EU is effectively a single super-state.
The “American Union” is to evolve from the North American Free Trade Agreement, or NAFTA, as it extends throughout the Western Hemisphere. The common currency is to be the “amero”. Panarin previously stated that the U.S. dollar would eventually be replaced with “a common Amero currency as a new monetary unit”, referring to the Security and Prosperity Partnership agreement between the U.S., Canada and Mexico.
There has been a lot of talk about continental currencies, but there has also been talks about a world ‘super currency’ controlled by the IMF under the control of the United Nations. It remains to be seen and is open for debate what exactly will happen, regardless of the currency choice, national sovereignty will be given up if any of these new currencies are implemented.
A nation’s currency is a symbol of sovereignty, so when things like the euro are created it destroys the sovereignty of all the countries entrapped in the European Union. So the internationalists want to collapse America’s sovereignty because many of them know that if Americans knew of their plans to destroy U.S. sovereignty they would revolt against the United Nations and there would never be a New World Order without the U.S. just like there wouldn’t be a European Union without Ireland. The internationalists members of the Bilderberg group this year have discussed the desire for a short-but-painful depression in the United States that paves the way for their new sustainable economic world order, destroying America’s sovereignty and paving the way for World Dictatorship.
There are so many things that have already been accomplished for the creation of a World Government:
1) The enactment of the Lisbon Treaty that completes the European Union has been finalized, Ireland has voted ‘Yes’ to the treaty just recently and will create a seat for a new EU President (Tony Blair) who will be in control of the entire European continent. 2) The internationalists are planning to destroy the U.S. economy and the U.S. dollar through manipulation, debt and hyperinflation, the Federal Reserve has been successfully devaluing the dollar by printing money out of thin air to counter the effects of the crisis. The Fed’s destruction of the dollar will topple its dominance in the world market as the currency of choice. The recent election victory for Japan’s Democratic Party is another sign that the economic collapse of the dollar is coming, according to Panarin:
“Today I received another confirmation that the collapse of the dollar and the US is inevitable. Japan’s Democratic Party won the election, and I’d like to remind you that its leader [Yukio Hatoyama] has the snubbing of the dollar among his economic plans. In plainer words, he plans to transfer Japan’s monetary reserves from US dollars into another currency. The move will seriously accelerate the dollar’s exchange slump as early as this November. Disintegration will follow shortly,” he said, adding that next year China would also begin to massively dump the dollar and that Russia would begin to sell oil and gas for roubles.
The new Bilderberg-backed Japanese President fully supports the plan for an Asian-Pacific Union that will have its own regional currency like the EU.
Panarin forsees the U.S. breaking up into six large estates by 2011, roughly along the lines of the beginning of North American colonialism where British, French and Spanish settlers were the main countries that fought for Indian land.
Panarin sees all the states of the west including California will be part of China, the entire north including the central states with their large Native American populations will be under the influence of Canada (which is a British Commonwealth Nation), the majority of the eastern states may be taken over by the European Union, the Southern states including New Mexico and Florida will be under the influence of Mexico and Alaska would go to Russia and Hawaii would either go to China or Japan. (see map here)
America as we know it will cease to exist altogether if any of what Panarin says is true.
Russian Professor: Collapse Of America Could Begin In Two Months
Filed under: Ahmadinejad, ban ki-moon, Barack Obama, brazil, Credit Crisis, DEBT, deflation, Dictatorship, Dollar, Economic Collapse, economic depression, economic world order, Economy, Fascism, g20, Gadhafi, global economy, global elite, global government, Globalism, globalists, government assassination, Great Depression, Greenback, hyperinflation, imf, Inflation, internationalist, internationalists, Iran, Libya, Moammar Gadhafi, Nazi, New World Order, Nuke, NWO, obama, obama stimulus, Oppression, stimulus, Stock Market, UN, Uncategorized, united nations, US Economy, Wall Street, White House, World Bank
Obama: Time Has Come For A New World Order
Brazil’s Lula Pleads For New World Economic Order
AFP
September 23, 2009
Brazilian President Luiz Inacio Lula da Silva on Wednesday made a strong plea for a new world economic order in the wake of the global financial crisis.
“Because the global economy is interdependent, we are obliged to intervene across national borders and must therefore re-found the World Economic Order,” he said in a speech to the UN General Assembly.
Lula, who is to attend a summit of 20 leading developed and emerging economies hosted by US President Barack Obama in Pittsburgh later this week, reiterated his call for regulation of financial markets and an end to protectionism.
And he insisted anew that multilateral institutions such as the International Monetary Fund and the World Bank must become “more representative and democratic” to deal with complex problems such as overhauling the international monetary system.
“Poor and developing countries must increase their share of control in the IMF and the World Bank,” he said.
U.S. to push for new economic world order at G20
Obama, G-20 Will Pledge to Keep Stimulus, Froman Says
UK’s Brown Says G20 To Become World’s Main Economic Governing Council
noworldsystem.com 
