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: 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: Alex Jones, ben bernanke, bernanke, central bank, Central Banks, China, CNBC, common currency, Credit Crisis, Damon Vickers, DEBT, depression, Dictatorship, dollar collapse, dollar dump, Economic Collapse, economic depression, Economy, Empire, Fascism, Federal Reserve, glenn beck, global currency, global economy, global elite, global oligarchs, Great Depression, green back, hyperinflation, imf, IMF bonds, Inflation, interest rate cuts, internationalism, internationalist, internationalists, New World Order, NWO, obama deception, oligarchy, One World Government, Oppression, private bank, rate cut, SDR, SDRs, single currency, socialism, Stock Market, US Economy, Wall Street, world currency, world government
Glenn Beck Talks New World Order with Damon Vickers
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: 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: 2-party system, Barack Obama, China, common currency, Communism, Congress, Credit Crisis, DEBT, deflation, Dictatorship, Dollar, dollar collapse, Economic Collapse, economic depression, Economy, Empire, european union, Fascism, fiat currency, Fox News, g20, George Bush, george soros, global bankers, global central bank, global currency, global economy, global elite, global government, global treasury, Globalism, globalist elite, globalists, Great Depression, Greenback, Hillary Clinton, housing market, hyperinflation, imf, IMF bonds, Inflation, International Banks, internationalism, internationalist, internationalists, jerome corsi, jimmy carter, job market, Joseph Stiglitz, left right paradigm, market manipulation, neocons, New World Order, NWO, obama, Oil, One World Government, Rahm Emanuel, Russia, SDR, SDRs, Sean Hannity, single currency, socialism, sovereignty, Stock Market, subprime, subprime lending, super currency, truth movement, UN, united nations, US Economy, us sovereignty, Wall Street, World Bank, world currency, world government, zbigniew brzezinski
Jerome Corsi: America Will Be Sold To World Government
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.
Filed under: bailout, bank bailout, Barack Obama, Big Banks, Central Banks, China, common currency, Credit Crisis, DEBT, deficit, deflation, Dictatorship, Dissent, Dollar, dollar collapse, Economic Collapse, economic depression, Economy, Empire, Fascism, Federal Reserve, fiat currency, g20, G7, George Bush, gerald celente, global bankers, global central bank, global currency, global economy, global elite, global government, global treasury, Globalism, globalist elite, gold, Great Depression, Greenback, hyperinflation, imf, IMF bonds, Inflation, interest rate cuts, internationalist, internationalists, Iran, jim rogers, main street, Max Keiser, New World Order, NWO, obama, Oil, One World Government, Pennsylvania, Pittsburgh, Pittsburgh g20 summit, Pittsburgh summit, Pittsburgh summit 2009, private bank, rate cut, Russia, SDR, SDRs, silver, single currency, socialism, sovereignty, Stock Market, super currency, tarp, tax, Taxpayers, UN, united nations, US Economy, US Treasury, Wall Street, World Bank, world currency, world government
U.S. Dollar Will No Longer Be World Reserve Currency
NoWorldSystem.com
October 10, 2009
The collapse of the U.S. dollar as the world’s leading reserve currency has been confirmed by Robert Fisk who wrote a revealing article about how China and other G20 nations wish to collapse the dominance of the U.S. by replacing the dollar with a basket of alternative currencies (including gold) in the form of SDR bonds created by the IMF.
“It’s interesting that China has not come out with any huge denials, Russia of course has up to a point and the Gulf arabs. But it’s in the interest of the arabs and all of the nations involved to deny this is happening at the moment. But we’re talking about a project that would not actually have its fulfillment; de-dollarization, for another 9 years.”
Both Fisk and Max Keiser agree that when the U.S. dollar is replaced it will be a devastating hit to the country’s political influence around the world, Keiser agrees saying; “The mid-east doesn’t want to finance America’s wars anymore, because the U.S. dollar’s world reserve status gives America an incredible leverage in financing wars that they really don’t have to pay for. China, Russia, and Iran are paying for America’s wars in Afghanistan, Iraq and in possibly in Iran.”
Keiser believes world de-dollarization will occur a lot sooner than what Fisk predicts will happen in 2018. Since the dollar is still being de-valued by the Federal Reserve’s continual plans to increase interest rates that will only expedite the collapse of the dollar making G20 nations switch to SDR bonds much faster than expected.
Gerald Celente weighs-in; “You can’t print phantom money out of thin-air, backed by nothing and producing practically nothing without destroying the dollar. They’ve been doing it for decades, it accelerated in 2008 under George Bush and is building trade deficits” “the tarp program that cost an access of $700 billion dollars to bailout the failing banks and financial institutions and then it was re-instituted to an even greater number by President Barack Obama printing another several hundred billion dollars worth of valueless money, and the whole world knows it!”
Jim Rogers calls Fisk’s story a rumor, however agrees with the other analysts who say that Washington D.C. is purposefully de-basing the dollar. Rogers says countries like China are waking up to the dangers of currencies that are backed by nothing and inching towards real commodities like Gold, Silver, Nickle, Zinc, Copper, Sugar, Coal and Oil just to name a few.
Filed under: big bankers, Central Banks, common currency, Credit Crisis, DEBT, Dissent, Dollar, dollar collapse, Economic Collapse, economic depression, Economy, Empire, False Flag, Fascism, Federal Reserve, fiat currency, g20, global bankers, global currency, global economy, global elite, global government, Globalism, globalist elite, gold, gold standard, Great Depression, Greenback, hyperinflation, imf, IMF bonds, Inflation, interest rate cuts, internationalist, internationalists, Iran, main street, market manipulation, New World Order, NWO, One World Government, private bank, rate cut, Robert Zoellick, Ron Paul, SDR, SDRs, silver, single currency, socialism, super currency, UN, united nations, US Economy, Wall Street, World Bank, world currency
Gold Hits New Record High of $1,043/oz
NoWorldSystem.com
October 6, 2009
Gold has hit a new record this morning at $1,043/oz.
Bank of America predicts gold prices will hit $1,500/oz by 2011 and Peter Schiff an Economic Analyst stated he sees gold reaching $1,500 to $5,000/oz, if the trend of gold keeps going up it would mean the dollar is collapsing.
The Federal Reserve will likely raise interest rates soon, the fed’s plan to save the economy is by continuing to flood the market with fiat dollar that are backed by nothing, the economy is slowly being lowered into the ground like a casket. Ever since the country got off the gold standard the dollar has devalued resulting in inflated prices in all commodities.
The sharp rise of gold from under $1,000 to quickly $1,043 is also likely attributed by the recent G20 and UN meetings discussing the hatred of the dollar as the leading currency in the world market and the desire to move toward a new economic World Order by creating a global fiat currency (SDR bonds) that are printed by the IMF.
Owning gold is really a long term investment and a safe-haven when there’s dreary times; with record debt and unemployment, socialism for the banks and auto corporations, plans for mandatory health-insurance, the failed costly-wars in the middle-east and the hawkish stance against Iran and Pakistan.. it’s going to be one hell of a ride in the next few years.
Ron Paul on Fox News – “We MUST go back to the gold standard”
Filed under: big bankers, Central Banks, CNBC, common currency, Credit Crisis, DEBT, deflation, Dissent, Dollar, dollar collapse, Economic Collapse, economic depression, Economy, Empire, Fascism, Federal Reserve, fiat currency, g20, G7, global bankers, global central bank, global currency, global economy, global elite, global government, global treasury, Globalism, globalist elite, gold, gold standard, Great Depression, Greenback, hyperinflation, imf, IMF bonds, Inflation, interest rate cuts, internationalist, internationalists, jim rickards, main street, market manipulation, New World Order, NWO, One World Government, Pennsylvania, Pittsburgh, Pittsburgh g20 summit, Pittsburgh summit, Pittsburgh summit 2009, private bank, Protest, rate cut, Robert Zoellick, SDR, SDRs, silver, single currency, socialism, sovereignty, stimulus, Stock Market, super currency, tax, Taxpayers, UN, united nations, US Economy, US Treasury, Wall Street, World Bank, world currency, world government | Tags: Dictatorship, Empire
World Bank and IMF Join Global Attack on U.S. Dollar
Larry Edelson
Money and Markets
October 4, 2009
In my emails to you over the past couple of weeks, I’ve shown you why Washington has no choice but to devalue the dollar — and how global leaders and even the United Nations have joined the attack on the greenback by demanding it be replaced as the world’s reserve currency.
Now, just this week, the International Monetary Fund and the World Bank have begun adding their voices to the international choir calling for a new global reserve currency:
* Last week, World Bank President Robert Zoellick warned that the dollar’s status will be challenged and shouldn’t be taken for granted.
* According to Turkish Deputy Prime Minister Ali Babacan, it’s likely that the role of special drawing rights (SDRs) based on a basket of currencies will be discussed as an alternative to the dollar during meetings of the World Bank and IMF in Istanbul next week.
* Meanwhile, global governments, central banks, companies and investors continue to slash their dollar holdings. According to the IMF, in April through June of this year, the greenback’s share of global currency reserves fell to the lowest level in a decade. Holdings of euros, in contrast, rose to a new all-time record high.
All this adds weight and momentum to the devaluation of the dollar. It is DEFINITELY ON THE TABLE. Indeed, for the first time I can remember, the G-7 finance officials, meeting this weekend, are rumored to be breaking with tradition and choosing not to release a statement on the global economy and currencies.
I feel this is an extremely significant development: At last week’s G-20 meeting, the group officially anointed itself as being in charge of global economic affairs.
Plus, we now have the G-7 refusing to discuss the dollar, which is highly unusual. Many will say that, if the G-7 does indeed refuse to comment on the dollar at this weekend’s meeting, it’s merely a sign they’re beginning to turn the reigns over to the G-20 for currency matters.
Baloney! The G-7 WILL discuss the huge “global economic imbalances” in the world. And to me, that’s code talk for a currency devaluation on the agenda. Members of the G-7 ARE discussing it. They’re just NOT doing it in public.
It reminds me of the 1985 Plaza Accord, where James Baker committed the U.S. to a depreciating dollar, bulldozing over our creditors, and ultimately precipitating the ‘87 crash.
The difference: Back then the U.S. was in a position to lead the devaluation. Today, it’s not. Today, our creditors are going to bulldoze over us.
IMF Catapults From Shunned Agency to Global Central Bank Issuing Debt to the World While U.S. Dollar Plummets
Huffington Post
October 2, 2009
“A year ago,” said law professor Ross Buckley on Australia’s ABC News last week, “nobody wanted to know the International Monetary Fund. Now it’s the organiser for the international stimulus package which has been sold as a stimulus package for poor countries.”
The IMF may have catapulted to a more exalted status than that. According to Jim Rickards, director of market intelligence for scientific consulting firm Omnis, the unannounced purpose of last week’s G20 Summit in Pittsburgh was that “the IMF is being anointed as the global central bank.” Rickards said in a CNBC interview on September 25 that the plan is for the IMF to issue a global reserve currency that can replace the dollar.
“They’ve issued debt for the first time in history,” said Rickards. “They’re issuing SDRs. The last SDRs came out around 1980 or ’81, $30 billion. Now they’re issuing $300 billion. When I say issuing, it’s printing money; there’s nothing behind these SDRs.
SDRs, or Special Drawing Rights, are a synthetic currency originally created by the IMF to replace gold and silver in large international transactions. But they have been little used until now. Why does the world suddenly need a new global fiat currency and global central bank? Rickards says it because of “Triffin’s Dilemma,” a problem first noted by economist Robert Triffin in the 1960s. When the world went off the gold standard, a reserve currency had to be provided by some large-currency country to service global trade. But leaving its currency out there for international purposes meant that the country would have to continually buy more than it sold, running large deficits; and that meant it would eventually go broke. The U.S. has fueled the world economy for the last 50 years, but now it is going broke. The U.S. can settle its debts and get its own house in order, but that would cause world trade to contract. A substitute global reserve currency is needed to fuel the global economy while the U.S. solves its debt problems, and that new currency is to be the IMF’s SDRs.
That’s the solution to Triffin’s dilemma, says Rickards, but it leaves the U.S. in a vulnerable position. If we face a war or other global catastrophe, we no longer have the privilege of printing money. We will have to borrow the global reserve currency like everyone else, putting us at the mercy of the global lenders.
To avoid that, the Federal Reserve has hinted that it is prepared to raise interest rates, even though that would mean further squeezing the real estate market and the real economy. Rickards pointed to an oped piece by Fed governor Kevin Warsh, published in The Wall Street Journal on the same day the G20 met. Warsh said that the Fed would need to raise interest rates if asset prices rose – which Rickards interpreted to mean gold, the traditional go-to investment of investors fleeing the dollar. “Central banks hate gold because it limits their ability to print money,” said Rickards. If gold were to suddenly go to $1,500 an ounce, it would mean the dollar was collapsing. Warsh was giving the market a heads up that the Fed wasn’t going to let that happen. The Fed would raise interest rates to attract dollars back into the country. As Rickards put it, “Warsh is saying, ‘We sort of have to trash the dollar, but we’re going to do it gradually.’ . . . Warsh is trying to preempt an unstable decline in the dollar. What they want, of course, is a stable, steady decline.”
What about the Fed’s traditional role of maintaining price stability? It’s nonsense, said Rickards. “What they do is inflate the dollar to prop up the banks.” The dollar has to be inflated because there is more debt outstanding than money to pay it with. The government currently has contingent liabilities of $60 trillion. “There’s no feasible combination of growth and taxes that can fund that liability,” Rickards said. The government could fund about half that in the next 14 years, which means the dollar needs to be devalued by half in that time.
The Dollar Needs to be Devalued by Half?
Reducing the value of the dollar by half means that our hard-earned dollars are going to go only half as far, something that does not sound like a good thing for Main Street. Indeed, when we look more closely, we see that the move is not designed to serve us but to serve the banks. Why does the dollar need to be devalued? It is to compensate for a dilemma in the current monetary scheme that is even more intractable than Triffin’s, one that might be called a fraud. There is never enough money to cover the outstanding debt, because all money today except coins is created by banks in the form of loans, and more money is always owed back to the banks than they advance when they create their loans. Banks create the principal but not the interest necessary to pay their loans back.
The Fed, which is owned by a consortium of banks and was set up to serve their interests, is tasked with seeing that the banks are paid back; and the only way to do that is to inflate the money supply to create the dollars to cover the missing interest. But that means diluting the value of the dollar, which imposes a stealth tax on the citizenry; and the money supply is inflated by making more loans, which adds to the debt and interest burden that the inflated money supply was supposed to relieve. The banking system is basically a pyramid scheme, which can be kept going only by continually creating more debt.
The IMF’s $500 Billion Stimulus Package:
Designed to Help Developing Countries or the Banks?
And that brings us back to the IMF’s stimulus package discussed last week by Professor Buckley. The package was billed as helping emerging nations hard hit by the global credit crisis, but Buckley doubts that that is what is really going on. Rather, he says, the $500 billion pledged by the G20 nations is “a stimulus package for the rich countries’ banks.”
Why does he think that? Because stimulus packages are usually grants. The money coming from the IMF will be extended in the form of loans.
These are loans that are made by the G20 countries through the IMF to poor countries. They have to be repaid and what they’re going to be used for is to repay the international banks now. . . . [T]he money won’t really touch down in the poor countries. It will go straight through them to repay their creditors. . . . But the poor countries will spend the next 30 years repaying the IMF.
Basically, said Professor Buckley, the loans extended by the IMF represent an increase in seniority of the debt. That means developing nations will be even more firmly locked in debt than they are now.
At the moment the debt is owed by poor countries to banks, and if the poor countries had to, they could default on that. The bank debt is going to be replaced by debt that’s owed to the IMF, which for very good strategic reasons the poor countries will always service. . . . The rich countries have made this $500 billion available to stimulate their own banks, and the IMF is a wonderful party to put in between the countries and the debtors and the banks.
Not long ago, the IMF was being called obsolete. Now it is back in business with a vengeance; but it’s the old unseemly business of serving as the collection agency for the international banking industry. As long as third world debtors can service their loans by paying the interest on them, the banks can count the loans as “assets” on their books, allowing them to keep their pyramid scheme going by inflating the global money supply with yet more loans. It is all for the greater good of the banks and their affiliated multinational corporations; but the $500 billion in funding is coming from the taxpayers of the G20 nations, and the foreseeable outcome will be that the United States will join the ranks of debtor nations subservient to a global empire of central bankers.
Man Throws Shoe at IMF Chief
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, american union, Amero, Asian-Pacific Union, bank of the world, bilderberg, BRIC, Britain, centralization, China, Control Grid, Credit Crisis, DEBT, deflation, Dictatorship, Dollar, Economic Collapse, economic depression, Economy, Empire, Euro, Europe, european union, Fascism, g20, global currency, global economy, global elite, global government, global treaty, Globalism, globalists, Great Depression, Greenback, hyperinflation, imf, IMF bonds, Inflation, internationalist, internationalists, Japan, jim tucker, london, NAFTA, New World Order, North American Union, NWO, One World Government, SDR, SDRs, single currency, socialism, sovereignty, super currency, UN, UNCTAD, United Future World Currency, United Kingdom, united nations, US Economy, US Treasury, World Bank, world currency, world government | Tags: UN Conference on Trade and Development, Yukio Hatoyama
Bilderbergers Want Global Currency Now
James P. Tucker, Jr.
American Free Press
October 1, 2009
Bilderberg has had front-men call anew for creating a global currency and establishing major European Union-style regions for the administrative convenience of a planned world government. Both steps were taken in September, one by the new Bilderberg-crowned prime minister of Japan and one separately by the UN.
The Geneva-based UN Conference on Trade and Development (UNCTAD) called for a global currency in a report made public on September 7. UN countries should agree on a global reserve bank to issue the currency and to monitor the national exchange rates of its members, UNCTAD said. The dollar’s role in international trade should be reduced to protect emerging markets from the “confidence game” of financial speculation, it said.
Heiner Flassbeck, a former German deputy finance minister, is co-author of the report calling for a global currency. He worked with then U.S. Deputy Treasury Secretary Lawrence Summers in 1997-98 to contain the Asian financial crisis. Summers is a longtime Bilderberg luminary and has been photographed by AFP at annual secret Bilderberg confabs.
Eliminating national currencies has long been a goal of Bilderberg as a crucial step in its plan to establish a world government. A nation’s currency is a symbol of sovereignty, so Bilderberg wants to divide the world into three giant regions, each with its regional currency, for the administrative convenience of its world government bureaucrats.
Bilderberg used its immense power to get Yukio Hatoyama’s Democratic Party of Japan elected over the Liberal Democratic Party, which had led the nation for 64 years. Hatoyama obediently called for an Asian economic bloc, similar to the EU, complete with a regional currency.
Bilderberg’s goal is an “Asian-Pacific Union” and an “American Union,” both modeled after the EU. The EU has its common currency, the euro, and a European Parliament that can impose laws on 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.” Fortunately, Bilderberg’s efforts in the Western Hemisphere have been stalled but the campaign continues using “free trade” propaganda.
Ultimately, the UN is to function as a world government with the General Assembly serving as a world parliament. Bilderberg, a secret organization of international financiers and political leaders, will serve as a world shadow government that dictates to the UN.
UN Calls For Bank Of The World, New Global Currency
Filed under: Ahmadinejad, angela merkel, Bank of England, bank of the world, Barack Obama, bilderberg, BRIC, Britain, centralization, China, Credit Crisis, DEBT, Dictatorship, Dollar, Economic Collapse, economic depression, Economy, Empire, Europe, european union, Fascism, Federal Reserve, g20, global currency, global economy, global elite, global government, Globalism, gordon brown, Great Depression, Greenback, hyperinflation, imf, IMF bonds, India, Inflation, internationalist, internationalists, Iran, Joaquin Almunia, london, Medvedev, Mongolia and Afghanistan., New World Order, nicolas sarkozy, NWO, obama, One World Government, Russia, Sarkozy, SDR, SDRs, single currency, socialism, sovereignty, Stock Market, super currency, UN, UNCTAD, United Kingdom, united nations, US Economy, US Treasury, Wall Street, World Bank, world currency, yuan
UN Calls For Bank Of The World, New Global Currency
Steve Watson
Infowars.net
September 7, 2009
The United Nations has called for the establishment of a new global reserve currency to be overseen by a bank of the world in an effort to reduce the role of the Dollar in international trade.
Details of the proposal were outlined in a report from the UN Conference on Trade and Development (UNCTAD). The report also calls for the new global reserve bank to monitor and manage the national exchange rates of member states.
“There’s a much better chance of achieving a stable pattern of exchange rates in a multilaterally-agreed framework for exchange-rate management,” Heiner Flassbeck, co-author of the report and a UNCTAD director, told Bloomberg News.
“An initiative equivalent to Bretton Woods or the European Monetary System is needed.” said Flassbeck.
He also added that while the UN also backed strengthening Special Drawing Rights (SDRs), a synthetic paper currency issued by the International Monetary Fund that was dormant for half a century until earlier this year, that would not be enough to “protect emerging markets”.
This latest call for a new reserve currency from the UN echoes previous efforts by the global body to initiate talks on replacing the Dollar.
Meanwhile, an influential Chinese policy maker has slammed the US Federal Reserve’s policy of printing money to buy Treasury debt, declaring that it threatens to set off a serious decline of the dollar and compel China to redesign its foreign reserve policy.
Earlier in the year, China expressed support for a Russian proposal for the creation of a new supra-national global currency as an alternative to the Dollar as the world reserve currency.
Other heavyweight elites such as French President Nicolas Sarkozy, German Chancellor Angela Merkel, British Prime Minister Gordon Brown, UK Business Secretary and top Bilderberg member Peter Mandelson and EU heads such as Joaquin Almunia, to name but a few, have called for a new economic world order consisting of vastly increased overarching centralization.
The creation of a de facto world currency to supplant the Dollar would likely lead to a complete collapse of the greenback, of which trillions are held in in foreign exchange reserves by many foreign countries.
As we have repeatedly warned, the introduction of a new global currency system is a key cornerstone in the move towards global government, centralized control and more power being concentrated into fewer hands.
Furthermore, a global central bank will establish a de facto financial dictatorship which will wield power over the economies of every country on the planet with no accountability whatsoever.
Filed under: Amero, Barack Obama, Canada, China, civil war, Communism, Credit Crisis, DEBT, deflation, Dictatorship, Dollar, Economic Collapse, economic depression, Economy, EU, european union, Fascism, global currency, global economy, global elite, global government, Globalism, gorbachev, Great Depression, Greenback, Hitler, hyperinflation, Inflation, Japan, Mexico, mikhail gorbachev, NAU, Nazi, New World Order, North American Union, NWO, obama, Oil, Ordo Ab Chao, Russia, single currency, socialism, Soviet Union, SPP, Stock Market, super currency, Uncategorized, US Economy, us sovereignty, Wall Street, world currency, world government | Tags: igor panarin, Yukio Hatoyama
Russian Professor: Collapse Of America Could Begin In Two Months
Doomsday author says Obama is doing nothing to forestall disintegration
Paul Joseph Watson
Prison Planet.com
September 1, 2009
Russian Professor Igor Panarin says that events are continuing to confirm his doomsday prediction first made over 10 years ago, that the United States will completely collapse like the Soviet Union before the end of 2010, and warns that the chaos could begin to unfold in as little as two months.
Panarin, doctor of political sciences and professor of the Russian Diplomatic Academy Ministry of Foreign Affairs, told journalists during the unveiling of his new book yesterday that President Obama has done nothing to forestall the fast approaching crisis and that it could begin to properly unfold in November.
“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.”
Since 1998, Panarin has been warning of a future disintegration of the United States and the collapse of the dollar. The recent election victory for Japan’s Democratic Party is another sign that the economic collapse of the U.S. is imminent, 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.
Panarin previously stated that the 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.
He foresees the U.S. breaking up into six different parts, roughly along lines similar to those of 1865 during the Civil War, “The Pacific coast, with its growing Chinese population; the South, with its Hispanics; Texas, where independence movements are on the rise; the Atlantic coast, with its distinct and separate mentality; five of the poorer central states with their large Native American populations; and the northern states, where the influence from Canada is strong,” according to Panarin.
Longer term, Panarin predicts that the breakaway states will eventually be taken over by the European Union, Canada, China, Mexico, Japan and Russia and America will cease to exist altogether, as depicted in the illustration above.
Panarin blames the collapse on a “political elite that implements an absurd and aggressive policy that aims to create conflicts around the planet” and warns that increasing firearms sales in the U.S. are a sign that people are preparing for “chaos” in the aftermath of a total financial meltdown.
“In my opinion, the probability of the US ceasing to exist by June, 2010 exceeds 50%. At this point, the mission of all major international powers is to prevent chaos in the US,” Panarin concluded.
Watch a clip from Russia Today below.
Filed under: Ahmadinejad, Bank of England, Barack Obama, bilderberg, BRIC, Britain, China, Credit Crisis, DEBT, Dictatorship, Dollar, Economic Collapse, economic depression, Economy, Empire, Europe, european union, Fascism, Federal Reserve, g20, global currency, global economy, global elite, global government, Globalism, gordon brown, Great Depression, Greenback, hyperinflation, imf, IMF bonds, India, Inflation, internationalist, internationalists, Iran, jim tucker, london, Medvedev, Mongolia and Afghanistan., New World Order, NWO, obama, One World Government, Pakistan, rothschilds, Russia, SDR, SDRs, single currency, socialism, sovereignty, Stock Market, super currency, UN, Uncategorized, United Kingdom, united nations, US Economy, US Treasury, Uzbekistan, Wall Street, world currency, yuan
Global Currency Becoming a Reality
Noworldsystem.com
June 22, 2009
BRIC leaders (Brazil, Russia, India and China) held their first-ever summit in Yekaterinburg Russia last week to discuss ways to complete the New World Order by reforming a better and “more diversified international monetary system” (IMF) that will issue a new global ‘super currency’ that will eventually replace all other currencies of the world.
A global ‘super currency’ created by the International Monetary System (IMF) is the New World Order plan that will eventually control all sovereign nations of the globe and will issue their own bonds called Special Drawing Rights (SDRs). This is a big step towards a One World Government where a United Nations agency (the IMF) would print the world’s currency instead of sovereign countries having control of their own monetary system.
The New World Order is all about centralization of power, they seek to control every aspect of the world’s society in a dictatorial-manner where everything is filtered through them, the internationalist oligarchs. They think we are nothing more than indentured servants on their global plantation, that we will willingly bend with the wind of the globalist’s agenda to create a one world socialist dictatorship.
At the Bilderberg group in Greece, investigative journalist Jim Tucker reported that regular attendee Carl Bilt “made a speech advocating turning the IMF into a world department of treasury under the auspices of the United Nations.”. Tucker warned this is a giant leap towords the completion of a World Government. He also warns the Bilderberg members will stress to the public that the problem of global economic crisis is the justification for the centralization of power. [Source]
These are the same internationalist elite that created the world economic crisis in the first place through inflation and deflation of currencies through federal reserves of the world. Bilderberg sources say the globalists want an “intense-but-shorter depression that paves the way for a new sustainable economic world order, with less sovereignty but more efficiency”. Tucker’s Bilderberg sources agree saying “Treasury Secretary Geithner and Carl Bildt touted a shorter recession not a 10-year recession….partly because a 10 year recession would damage Bilderberg industrialists themselves”. [Source]
Brazil, Russia and China before the BRIC summit contributed over $70 billion to the IMF in hopes the system will reform and push the new global super currency (SDR bonds). [Source] The Brazilian government currently has around $200 billion in international reserves to invest in IMF bonds to issue debt to developing nations.
BRIC nations have called out for the death of the US dollar and its long held dominance as the main currency in the world financial market. Russian President Medvedev praised the New World Order: “BRIC should create the conditions of a fairer World Order” and called for a “more diversified international monetary system”. Brazilian President before the BRIC meeting said that the global economic crisis has created the conditions for a New World Order: “After the crisis, everyone has become similar. We have the possibility to create a New World Order and together we should improve our relations”.
The BRIC leaders ended the summit to attend another summit of the Shanghai Co-operation Organization (SCO) in Yekaterinburg. The SCO consists of leaders from Russia, China, Kazakhstan, Uzbekistan, Tajikistan and Kyrgyzstan, Iran, Pakistan, India, Mongolia and Afghanistan.
Iran President Ahmadinejad had strong words against the U.S. at the SCO Summit: “Western-style capitalism is falling apart, marking the end of the age of Imperialism” and that the New World Order should be less US-centric because “Washington’s many political and economic woes show that its judgement can no longer be trusted”. [Source]
The BRIC leaders plan to further discuss policies that will create this new global monetary order at the next G20 summit held in the US in September. Obama and Gordon Brown alluded to a New World Order and talks of a new global super currency at the last G20 London summit of 2009:
http://in.reuters.com/article/businessNews/idINIndia-40228820090610
BRIC Nations Call For A Multipolar World Order
http://www.timesonline.co.uk/tol/news/world/us_and_americas/article6514737.ece
Ahmadinejad: We Need New World Order
http://sweetness-light.com/archive/ahmadinejad-we-need-new-world-order
Time for ‘new world order’: Brazilian President
http://www.breitbart.com/article.php?id=CNG.db1c3a82d0827b5cdf05eea3ba146af8.511&show_article=1
BRIC by BRIC: Leaders Summit in Russia
http://www.as-coa.org/article.php?id=1708
London Telegraph Admits Plan For Bank Of The World, Global Currency
http://www.prisonplanet.com/london-telegraph-admits-plan-for-bank-of-the-world-global-currency.html
Cash to become extinct as chips take off
http://www.news.com.au/technology/story/0,28348,25637102-5014239,00.html
G-20 Shapes New World Order With Lesser Role for U.S., Markets
http://www.bloomberg.com/apps/news?pid=20601103&sid=axEnb_LXw5yc&refer=news
G20 will seek new international framework for global financial regulation
http://news.bbc.co.uk/1/hi/business/7957862.stm
Filed under: 1984, 2-party system, 9/11 Truth, Alan Greenspan, Alex Jones, Barack Obama, Big Brother, Bill Clinton, bush senior, Bush Sr., cashless society, Credit Crisis, david icke, David Rockefeller, DEBT, Dictatorship, Dollar, Economic Collapse, economic depression, Economy, Empire, Europe, european union, Fascism, Federal Reserve, g20, glenn beck, global currency, global economy, global elite, global government, Globalism, gordon brown, Great Depression, Greenback, Henry Kissinger, hyperinflation, Inflation, inside job, internationalist, internationalists, london, lou dobbs, Media, microchip, microchip implant, microchipped population, microchips, national socialism, New World Order, North American Union, obama, one world currency, Oppression, orwell, Propaganda, RFID, Sarkozy, single currency, Stock Market, Surveillance, truth movement, united nations, US Economy, Verichip, Wall Street, world currency, world government
New World Order Means Microchipped Population
Filed under: anderson cooper, Barack Obama, CNN, Credit Crisis, DEBT, Dictatorship, Dollar, Economic Collapse, economic depression, Economy, Empire, Europe, european union, g20, global economy, global elite, global government, Globalism, gordon brown, Great Depression, Greenback, hyperinflation, imf, Inflation, internationalist, internationalists, london, New World Order, NWO, obama, one world currency, single currency, Stock Market, US Economy, Wall Street, White House, world government
Anderson Cooper: G20 About a New World Order
Filed under: 9/11 Truth, Barack Obama, Credit Crisis, DEBT, dick morris, Dictatorship, Dollar, Economic Collapse, economic depression, Economy, Empire, Europe, european union, FCC, Federal Reserve, Fox News, g20, global economy, global elite, global government, Globalism, gordon brown, Great Depression, Greenback, hyperinflation, imf, Inflation, internationalist, internationalists, london, Media, New World Order, NWO, obama, one world currency, Sean Hannity, single currency, Stock Market, Uncategorized, United Kingdom, US Economy, Wall Street, world government
Hannity: Conspiracy Theorists Are Right About Global Currency
Filed under: 2008 Election, Alex Jones, Amero, asia, Australia, BP, Britain, Canada, China, Control Grid, Credit Crisis, DEBT, Dollar, dubai, Economic Collapse, economic depression, Economy, Europe, european union, exxon mobil, Federal Reserve, gas prices, global economy, global elite, global government, Globalism, Great Depression, Greenback, hyperinflation, Inflation, internationalist, internationalists, Iran, Japan, John McCain, kuwait, Lindsey Williams, london, manipulated economy, manipulated oil prices, manipulated prices, market manipulation, Mexico, middle east, muslims, neocons, New World Order, North American Union, Oil, OPEC, Petrol, price fixing, Saudi Arabia, single currency, Stock Market, United Kingdom, US Economy, Wall Street | Tags: global currency, global currency system, globalization, Mohammad Ali Khatibi, oil bourse, oil cut, one world currency, shell, Stanley Monteith, t-bills, the energy non crisis
Lindsey Williams Predicted Oil Will Be $50 a Barrel
Insider of the Global Elite was told: “Price of crude oil is going down to $50 a barrel. . . gas will be $2 to $2.50 a gallon” (1st video @ 7:11). “The entire Arab world will be bankrupt” (2nd video @ 7:34) “. . . you are going to shout and dance on the street at $2 a gallon and mark my words within 3-4 weeks time you are going to shutter in your boots because the dollar is going to go to zero, they’ll have an excuse to bring in the North American Union, they will be able to issue a new currency . . .” (3rd video)
Lindsey Williams on Alex Jones Show, October 26, 2008
Oil falls to $63, OPEC plans on cutting supply of oil
AP
October 26, 2008
Oil prices fell to 17-month lows at $63 a barrel Monday in Asia as investors weighed Friday’s OPEC output cut against growing evidence of a severe global economic slowdown that would undermine crude demand.
Light, sweet crude for December delivery fell 32 cents to $63.83 a barrel in electronic trading on the New York Mercantile Exchange by midday in Singapore.
Investors brushed off a 1.5 million barrel-a-day cut announced by the Organization of Petroleum Exporting Countries on Friday, focusing instead on falling crude demand as economies across the globe reel from the impact of a credit crisis.
On Friday, oil fell $3.69 to settle at $64.15. Prices have plunged 57 percent from a record $147.27 on July 11.
“The mood is fairly negative reflecting worry about the international economic outlook,” said David Moore, a commodity strategist at Commonwealth Bank of Australia in Sydney. “If there is further weak economic data in the U.S. or Europe, prices could come under more downward pressure.”
Iran’s OPEC governor Mohammad Ali Khatibi said Sunday a reduction in production “will be considered” at the group’s next meeting in Algiers in December — a meeting that might even be held early if necessary.
“I thought the OPEC cut was a fairly decisive act, but concerns of recession in the major economies remain dominant,” Moore said. “OPEC’s cut does take a step toward tightening the market.”
http://www.reuter..dName=domesticNews&rpc=22&sp=true
Oil Can Fall to $50-$60 if Credit Stays Tight
http://www.cnbc.com/id/27160853
Oil down 50pc from July high
http://www.telegraph.co.uk/finance/finance..-July-high.html
Filed under: 2008 Election, Amero, angela merkel, asia, bailout, Bank of America, Big Banks, brad sherman, Britain, C-Span, Canada, Carroll Quigley, central bank, CFR, China, civil liberties, civil rights, CNBC, Congress, corporations, corporatism, Credit Crisis, DEBT, Dictatorship, Dollar, ECB, Economic Collapse, economic depression, Economy, Empire, Europe, european central bank, european union, Fascism, Federal Reserve, France, g8, George Bush, Germany, glenn beck, global economy, global elite, global government, Globalism, gordon brown, Great Depression, Greenback, Habeas Corpus, henry paulson, Hitler, House, hyperinflation, imf, Inflation, interest rate cuts, internationalist, internationalists, job market, John McCain, liquidation, london, Martial Law, Media, middle class, morgan stanley, mortgage, national socialism, Nazi, New World Order, paris, Paulson, peter schiff, Police State, Posse Comitatus, rate cut, Sarkozy, Senate, single currency, socialism, sovereignty, Stock Market, tax, Taxpayers, unemployment, United Kingdom, US Economy, us sovereignty, US Treasury, Wall Street, World Bank, WW2, Zimbabwe | Tags: Ewald Nowotny, fiat currency, global currency, global currency system, global financial order, globalists, globalization, international order, Jean-Claude Trichet, Jeffrey Garten, John Mack, José Manuel Barroso, new global monetary authority, one world currency, Timothy Geithner, weimar republic, world economic crisis, world financial system, world monetary system, world money system, world order
Globalists Exploit Financial Meltdown In Move Towards One World Currency
Paul Joseph Watson & Kurt Nimmo
Prison Planet
October 20, 2008
The swift and ruthless exploitation of the economic meltdown on behalf of globalists and central banks revolves around their drive to move towards a one world currency system and an unprecedented centralization of global financial power.
Statements on behalf of world leaders and central banks over the past two weeks have made it clear that the agenda to further collate economic power and control of currencies into the hands of the few is rapidly accelerating – all in the name of solving a financial crisis that was caused as a result of the same fiat money system that the elite themselves created and maintained.
The original Bretton Woods agreement in 1944, spurred by the depression of the 1930s and the second world war, created the International Monetary Fund, the World Bank and laid down common standards for markets around the world. Now with the current financial crisis EU leaders see another opportunity to impose global regulations on sovereign economies.
As the crisis reached its peak at the end of September, British Prime Minister Gordon Brown led the call for “a new global financial order” in which the world financial system would be built around a centrally coordinated policy of international regulation.
Morgan Stanley Chief Executive John Mack has also called for a new global body to oversee the financial crisis, warning that it is like nothing he’s ever seen before.
The sentiment echoes those of elite figures such as CFR member Jeffrey Garten and Timothy Geithner, president of the Federal Reserve Bank of New York, who have both recently called for a “new global monetary authority”, a de-facto global financial dictatorship, operating across borders and forcing nations and corporations to register and adhere to strict monitoring and regulations.
European Central Bank council member Ewald Nowotny told Bloomberg yesterday that the centrality of the U.S. dollar was in question and that a “tri-polar” global currency system is in development between the U.S., Asia and Europe to replace it.
This followed a call by French President to question whether a “worldwide currency system” should be introduced in response to the financial crisis.
“Another subject in tomorrow’s world is that of the great currencies. How many should there be? What should the agreement between these great currencies be? Should we organize a discussion? Should a country like India one day have a global currency?” Sarkozy told a news conference, reports Reuters.
Any discussion would be purely academic, as the ruling elite long ago decided to force a global currency down our throats. In fact, a global currency is at the very core of their plan to dominate the world. Control money and you control the destiny of states, you eliminate national sovereignty. “The control of money and credit strikes at the very heart of national sovereignty,” A.W. Clausen, president of Bank of America once observed.
As Georgetown professor and CFR historian Carroll Quigley noted, the goal of the banking families and their minions consists of “nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole… controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent private meetings and conferences.”
It remains to be seen if the EU will realize its “solution” to the world economic crisis. In 2007, Robert Mundell, “the father of the euro,” noted that “international monetary reform usually becomes possible only in response to a felt need and the threat of a global crisis.”
Certainly, the elite cooked up an appropriate global crisis, now they will engage in a full court press to establish a global currency and eventually a global government.
EU Leaders Call for Global Currency
Kurt Nimmo
Infowars
October 18, 2008
If we are to believe the Washington Post, French president and current EU leader Nicolas Sarkozy has pledged to save us from nameless “freewheeling bankers and traders” who get the blame for the current economic crisis.
Sarkozy, Gordon Brown, and EU honcho José Manuel Barroso are talking up an international summit to discuss an “urgent overhaul of the world’s financial architecture,” that is to say a new Bretton Woods to establish a brand spanking new international economic order. Sarkozy has managed to grab George Bush’s ear and he will travel to Washington on Saturday to lay the groundwork for a conference.
In 1944, 44 allied nations met at a resort in Bretton Woods, New Hampshire, to fiddle with monetary standards, fix exchange rates, and create the IMF and World Bank. “Launching a remake of this old model — particularly in such a short time, with so many new participants — would represent a daunting challenge at any time, but particularly during the twilight of the Bush presidency and the crisis that is still jolting banks and stock markets around the world,” reports the Post.
Sarkozy and the EU leaders would have us believe this new Bretton Woods will call for “globally coordinated regulation of the financial industry, elimination of tax havens and a compensation system in which traders are not rewarded for dangerous risk-taking,” among other things.
It was the demise of Bretton Woods in 1971, insists European Central Bank president Jean- Claude Trichet, that led to the abandonment of regulation and subsequent market turmoil. “The explosion of the first Bretton Woods in a way could be interpreted as a rejection of discipline,” said Trichet, reports Bloomberg.
Gordon Brown, the former Chancellor of the Exchequer, wants to fix that turmoil with a new spate of regulations aimed at international finance. On October 13 in London, Brown said “we must devise new rules for a world of global capital flows” just as the founders of Bretton Woods “devised rules for a world of limited capital flows.”
“We now have global financial markets but what we do not have is anything other than national and regional regulation and supervision,” Brown lamented from Brussels.
All of this is nonsense. It should be obvious by now the bankers engineered the current crisis in order to consolidate their hold on the global economy and all the talk about rogue traders, tax havens, and over-compensated executives is merely that — talk, or more specifically a sales pitch, a slick parlor trick devised to fool the commoners.
Glossed over in all the corporate media coverage is the global elite demand that a global currency be established. “Europe wants to present a blueprint for a new worldwide currency system,” reports the AFP in the video here.
“Another subject in tomorrow’s world is that of the great currencies,” Reuters reported Sarkozy musing on October 16. “How many should there be? What should the agreement between these great currencies be? Should we organize a discussion?”
Glenn Beck On One World Currency
“There is a global meltdown coming, it is a global depression, a One World Currency and One World Financial System is the ENDGAME! China said last week said they want One Global Currency, France said yesterday or the day before that they want One World Order a New World Order at the end of this event!” – Glenn Beck
CNBC: The New World Order is in effect on wall street
http://www.prisonplanet.com/calls-for-new-global-financial-order-increase.html
Tri-Polor Global Currency A Possibility
http://www.bloomberg.com/apps..&sid=apjqJKKQvfDc&refer=home
http://www.nationalpost.com/news/story.html?id=885494
G-8 Announces Global Summit On Financial Crisis
http://news.yahoo.com/s/a..t=Ah6wNwIX5KlE5B1m5eFoDXlbbBAF
Bush & Allies Pledge Joint Action On Economy
http://www.youtube.com/watch?v=InFBnX87lzU
Brown: Use This Crisis To Create New Financial World Order
http://www.prisonplanet.com/..new-financial-world-order.html
Filed under: Amero, arlen specter, Canada, Globalism, i-69, Mexico, NAFTA, NAFTA Superhighway, New World Order, North American Union, single currency, trans texas corridor, TTC, us sovereignty | Tags: common currency
Arlen Specter Covers Up North American Union
Vicente Fox Tells Unemployed Americans “Get Over It”
http://noworldsystem.com/2008/09/20/v..-over-it/
McCain questioned on North American Union, Amnesty Vote
http://noworldsystem.com/2008/08/14/mc..on-amnesty-vote/
Filed under: AOL, corporations, corporatism, Euro, european union, global elite, global government, Globalism, humor, New World Order, single currency | Tags: common currency, harvey birdman, NWO
Harvey Birdman Cartoon Talks About New World Order
Adult Swim’s “Harvey Birdman, Attorney at Law” pokes fun at the New World Order, world currency and “evil multinational corporations”.
Filed under: 2008 Election, Ahmadinejad, Alex Jones, Amero, Canada, central bank, Congress, Control Grid, Credit Crisis, DEBT, Dollar, Economic Collapse, economic depression, Economy, Euro, exxon mobil, Federal Reserve, gas prices, George Bush, global economy, global elite, global government, Globalism, Great Depression, Greenback, indonesia, Inflation, Iran, John McCain, Lindsey Williams, manipulated economy, manipulated oil prices, manipulated prices, Mexico, middle east, neocons, New World Order, North American Union, offshoring, Oil, OPEC, petro, Petrol, price fixing, Ron Paul, Russia, single currency, SPP, Stock Market, Tehran, US Economy | Tags: oil bourse, oilstorm, shell, Stanley Monteith, t-bills
Lindsey Williams: ’Price of crude oil is going down to $50 a barrel’ ’the dollar is going to zero’
http://www.youtube.com/watch?v=U9q9hYDmBeQ
Ahmadinejad: Oil Prices Are Fixed
http://news.yahoo.com/s/nm/20080617/ts_nm/iran_oil_ahmadinejad_dc
Traders manipulated oil prices – U.S.
http://money.cnn.com/2008/07/24/markets/cftc/index.htm?eref=rss_topstories
’Oil price may hit $500 a barrel’
http://www.presstv.ir/detail.aspx?id=64986§ionid=3510213
Pickens sees $300 oil unless U.S. cuts imports
http://www.canada.com/vancouversun/news/business/stor..f-a4325ad8691c
Filed under: 2nd Amendment, Amero, anti gun, Canada, canadian dollar, central bank, Credit Crisis, DEBT, DHS, Dollar, Economic Collapse, economic depression, Economy, global economy, Globalism, Great Depression, Greenback, Gun Control, Homeland Security, Inflation, loonie, North American Union, Real ID, single currency, Stock Market, US Constitution, US Economy | Tags: common currency, rick mercer, toronto dominian bank
Rick Mercer Reports on the Amero Currency
REAL ID – A very real threat to gun rights
http://rauterkus.blogspot.com/2008/07/rea..at-to-gun-rights.html
CBC Airs NAU Propaganda Mini Series
http://noworldsystem.com/2008/04/04/cbc-airs-nau-propaganda-mini-series/
What is the ‘North American Union’?
North American Union Archive
Filed under: 2008 Election, Argentina, Arizona, Barack Obama, bernanke, Bill Clinton, Bolivia, brazil, Britain, CAFTA, Canada, Central Banks, CFR, Chile, colombia, Euro, Europe, european union, FARC, Federal Reserve, George Bush, global elite, global government, Globalism, Hugo Chavez, i-69, John McCain, Mexico, Military, NAFTA, NAFTA Superhighway, NAU, New World Order, North American Union, paraguay, Peru, Real ID, Ronald Reagan, single currency, South America, South American Union, SPP, trans texas corridor, TTC, United Kingdom, uruguay, us sovereignty, Venezuela | Tags: Luiz Inacio Lula da Silva
South American Union To Have Single Currency
Natural News
June 21, 2008
Brazilian President Luiz Inacio Lula da Silva recently revealed that the South American countries are planning for a common currency as part of the integration of the individual countries into the Union of South American Nations. This integration is patterned after the formation of the European Union, and parallels the plan for the North American Union.
The union of South American nations would create a trade block designed to be competitive with the European and North American trade blocks. Central to the formation of the union is the creation of a central bank to oversee the new common currency that would replace the currencies of the individual countries in the block. In a recent broadcast, President Lula stated that he sees the implementation of this plan as not being a fast one.
In his message, the president stressed the need to help the countries of South America that are economically weak, such as Paraguay, Uruguay and Bolivia. “We have to help them because the stronger the countries in South America economically are, the more tranquility, peace, democracy, trade, companies, jobs, incomes and development”, he is quoted at ((http://www.nuwireinvestor.com/articles/…) .
Another unfolding feature of the South American Union similar to that of the North American Union is its dependence on newly created infrastructure. The South American alliance will promote the cross-nation construction of railroads, highways, bridges and transmission lines that will connect the entire region resulting in smooth interaction and movement within the trading block. The NAFTA and CAFTA Superhighways epitomize the infrastructural development of the North American Union trading block.
The union plan also calls for a regional defense council, apparently the beginning of the imposition of a regional government. This council would resolve regional conflicts, promote military cooperation and allow for the regional coordination of weapons production, much as the military integration of Canada and the U.S. initiates the unification of governments in the North American Countries.
The plan to establish a new common currency for the Union of South American Nations is the latest development in the initiation of common currencies representative of multi-country trading blocks. The euro was the first trade block currency, established as part of the European Union. The amero is the name of what may be the North American Union’s counterpart to the euro, debuting after economic integration and homogenization of Mexico, the U.S. and Canada have been completed, at exchange rates that represent the lowered standard of living of the Americans and the Canadians.
Critics of the Union of South American Nations’ efforts to establish a common currency see it as playing right into the hands of the world banking cartel. The clustering and assimilation of currencies facilitates the eventual merger into a one world currency promoted by the Council on Foreign Relations and its political puppets. They see the move toward the South American Union with its single currency as easily fitting with the European Union and current efforts to establish the North American Union. Once the formation of these major trading blocks is completed, the next step would be the unification of the blocks into a one world government.
This one world government is sometimes referred to as the New World Order. The Council on Foreign Relations has openly stated that its intentions are to bring about the surrender of the sovereignty of the national independence of the U.S. with the aim of creating a one world government. The Council, referred to as CFR, has influence in all vital areas of American life and around the world. Members have run or are running the major media outlets including NBC, CBS, the New York Times, the Washington Post, and many other publications.
CFR members dominate the political world. U.S. presidents since Franklin Roosevelt have been CFR members, with the exception of Ronald Reagan. CFR members also dominate the academic world, top corporations, unions and the military. They are on the board of directors of the Federal Reserve. Barack Obama and John McCain are CFR members, as well as the Bushes and the Clintons. There are many corporate members of the CFR. CFR plans are not subject to the scrutiny, debate, or vote of the people. Discussion of the plans has been conspicuously absent from the endless debating of the presidential candidates.
http://news.bbc.co.uk/2/hi/americas/7417896.stm
Arizona Governor Approves Prohibition on Real ID
http://www.freedomsphoenix.com/Feature-Article.htm?InfoNo=034608
Bill C-51 Codex & The SPP
http://intelstrike.com/?p=277
SuperCorridor Defeat? Don’t Bet On It
http://sjlendman.blogspot.com/2008/06/supercorridor-defeat-dont-bet-on-it.html
Comments At 4th Annual North America Forum
http://www.agoracosmopolitan.com/home/Frontpage/2008/06/13/02404.html
North American Union agenda whether Canadians want it, or not, is a top priority for elite interests
http://www.agoracosmopolitan.com/home/Frontpage/2008/06/13/02404.html