This page is to track news related to
the buildup of the New World Order. I have begun to use
a different site to share the Watchman Newsletter from December
2008 and on. Some stories will be archived there, but for the most
part anything from November 2008 and before will remain here.
This text will be replaced by the flash music player.
Recommendation 816
WEU Assembly (June 3, 2008) -
WEU Assembly calls for Solana, 10 nations to lead
EU’s security strategy. WEU Assembly Recommendation 816 encourages
Javier Solana “to lead the way in providing the Union with a
foreign, security and defence policy vision to meet the challenges
of the 21st century.”
On
the revision of the European Security Strategy - reply to the annual
report of the Council
The Assembly,
(i) Taking the view that the European Security
Strategy, adopted in 2003, is a good and compelling document, not
least because it is short and readable and provides a convincing
guideline to the European Union's external action and because of its
focus on crisis management and its transformational purpose;
(ii) Reaffirming the deeply-rooted fundamental consensus among EU
member states, reflected in the European Security Strategy, about
their foreign policy approach drawing on a range of instruments,
including aid, trade, diplomacy and military means;
(iii) Confirming the objectives of the European Security Strategy
which invites the European Union to be more active, capable and
coherent and to work with partners; welcoming progress made in
implementing those objectives but convinced that further effort is
needed in view of the evolving strategic environment and complex
challenges ahead;
(iv) Recalling that the European Security Strategy provides no
information about the civil and military capabilities that the Union
needs to achieve its objectives;
(v) Aware of the changing relative weight of the European Union in
terms of demography, economy and trade and convinced that only a
Europe which is more active on the international scene can
compensate for its anticipated loss of global influence;
(vi) Welcoming the decision by the European Council to launch a
re-examination of the European Security Strategy and encouraging EU
High Representative and WEU Secretary-General Javier Solana to lead
the way in providing the Union with a foreign, security and defence
policy vision to meet the challenges of the 21st century;
(vii) Encouraging the French Government to support the High
Representative and WEU Secretary-General carry out a full
re-examination of the European Security Strategy, using the dual
EU-WEU Presidency to pave the way for a further deepening and
widening of the strategic framework for the Union's foreign,
security and defence policy action;
Read full article...
The Truth behind the Citigroup Bank "Nationalization"
321 Gold
(November 26, 2008) - On Friday
November 21, the world came within a hair's breadth of the most colossal
financial collapse in history according to bankers on the inside of
events with whom we have contact. The trigger was the bank which only
two years ago was America's largest, Citigroup. The size of the US
Government de facto nationalization of the $2 trillion banking
institution is an indication of shocks yet to come in other major US and
perhaps European banks thought to be 'too big to fail.'
The clumsy way in which US Treasury Secretary Henry Paulson - himself
not a banker but a Wall Street 'investment banker', whose experience has
been in the quite different world of buying and selling stocks or bonds
or underwriting and selling same - has handled the unfolding crisis has
been worse than incompetent. It has made a grave situation into a
globally alarming one.
'Spitting into the wind'
A case in point is the secretive manner in which Paulson has used the
$700 billion in taxpayer funds voted him by a labile Congress in
September. Early on, Paulson put $125 billion in the nine largest banks,
including $10 billion for his old firm, Goldman Sachs. However, if we
compare the value of the equity share that $125 billion bought with the
market price of those banks' stock, US taxpayers have paid $125 billion
for bank stock that a private investor could have bought for $62.5
billion, according to a detailed analysis from Ron W. Bloom, economist
with the US United Steelworkers union, whose members as well as pension
fund face devastating losses were GM to fail.
That means half of the public's money was a gift to Paulson's Wall
Street cronies. Now, only weeks later, the Treasury is forced to
intervene to de facto nationalize Citigroup. It won't be the last.
Paulson demanded, and got from a labile US Congress, Democrat as well as
Republican, sole discretion over how and where he can invest the $700
billion, to date with no effective oversight. It amounts to the Treasury
Secretary in effect 'spitting into the wind' in terms of resolving the
fundamental crisis.
It should be clear to any serious analyst by now that the September
decision by Paulson to defer to rigid financial ideology and let the
fourth largest US investment bank, Lehman Brothers fail, was the
proximate trigger for the present global crisis. Lehman Bros.' surprise
collapse triggered the current global crisis of confidence. It was
simply not clear to the rest of the banking world which US financial
institution bank might be saved and which not, after the Government had
earlier saved the far smaller Bear Stearns, while letting the larger,
far more strategic Lehman Bros. fail.
Some Citigroup details
The most alarming aspect of the crisis is the fact that we are in an
inter-regnum period when the next President has been elected but cannot
act on the situation until after January 20, 2009 when he is sworn in.
Consider the details of the latest Citigroup government de facto
nationalization (for ideological reasons Paulson and the Bush
Administration hysterically avoid admitting they are in the process of
nationalizing key banks). Citigroup has more than $2 trillion of assets,
dwarfing companies such as American International Group Inc. that got
some $150 billion in US taxpayer funds in the past two months.
Ironically, only eight weeks before, the Government had designated
Citigroup to take over the failing Wachovia Bank. Normally authorities
have an ailing bank absorbed by a stronger one. In this instance the
opposite seems to have been the case. Now it is clear that the Citigroup
was in deeper trouble than Wachovia. In a matter of hours in the week
before the US Government nationalization was announced, the stock value
of Citibank plunged to $3.77 in New York, giving the company a market
value of about $21 billion. The market value of Citigroup stock in
December 2006 had been $247 billion. Two days before the bank
nationalization the CEO, Vikram Pandit had announced a huge 52,000 job
slashing plan. It did nothing to stop the slide.
The scale of the hidden losses of perhaps the twenty largest US banks is
so enormous that if not before, the first Presidential decree of
President Barack Obama will likely have to be declaration of a US 'Bank
Holiday' and the full nationalization of the major banks, taking on the
toxic assets and losses until the economy can again function with credit
flowing to industry once more.
Citigroup and the government have identified a pool of about $306
billion in troubled assets. Citigroup will absorb the first $29 billion
in losses. After that, remaining losses will be split between Citigroup
and the government, with the bank absorbing 10% and the government
absorbing 90%. The US Treasury Department will use its $700 billion TARP
or Troubled Asset Recovery Program bailout fund, to assume up to $5
billion of losses. If necessary, the Government's Federal Deposit
Insurance Corporation (FDIC) will bear the next $10 billion of losses.
Beyond that, the Federal Reserve will guarantee any additional losses.
The measures are without precedent in US financial history. It's by no
means certain they will salvage the dollar system.
The situation is so intertwined, with six US major banks holding the
vast bulk of worldwide financial derivatives exposure, that the failure
of a single major US financial institution could result in losses to the
OTC derivatives market of $300-$400 billion, a new IMF working paper
finds. What's more, since such a failure would likely cause cascading
failures of other institutions. Total global financial system losses
could exceed another $1,500 billion according to an IMF study by Singh
and Segoviano.
Read full story...
The madness over a Detroit GM rescue deal
The health of Citigroup is not the only gripping crisis that must be
dealt with. At this point, political and ideological bickering in the US
Congress has so far prevented a simple emergency $25 billion loan
extension to General Motors and other of the US Big Three
automakers-Ford and Chrysler. The absurd spectacle of US Congressmen
attacking the chairmen of the Big Three for flying to the emergency
Congressional hearings on a rescue loan in their private company jets
while largely ignoring the issue of consequences to the economy of a GM
failure underscores the utter lack of touch with reality that has
overwhelmed Washington in recent years.
For GM to go into bankruptcy risks a disaster of colossal proportions.
Although Lehman Bros., the biggest bankruptcy in US history, appears to
have had an orderly settlement of its credit defaults swaps, the
disruption occurred before-hand, as protection writers had to post
additional collateral prior to settlement. That was a major factor in
the dramatic global market selloff in October. GM is bigger by far,
meaning bigger collateral damage, and this would take place when the
financial system is even weaker than when Lehman failed.
In addition, a second, and potentially far more damaging issue, has been
largely ignored. The advocates of letting GM go bankrupt argue that it
can go into Chapter 11 just like other big companies that get themselves
in trouble. That may not happen however, and a Chapter 7 or liquidation
of GM that would then result would be a tectonic event.
The problem is that under Chapter 11 US law, it takes time for the
company to get the protection of a bankruptcy court. Until that time,
which may be weeks or months, the company would need urgently 'bridge
financing' to continue operating. This is known as 'Debtor-in-Possession
or DIP financing. DIP is essential for most Chapter 11 bankruptcies, as
it takes time to get the plan of reorganization approved by creditors
and the courts. Most companies, like GM today, go to bankruptcy court
when they are at the end of their liquidity.
DIP is specifically for companies in, or on the verge of bankruptcy, and
the debt is generally senior to other outstanding creditor claims. So it
is actually very low risk, as the amount spent is usually not large,
relatively speaking. But DIP lending is being severely curtailed right
now, just when it is most needed, as healthier banks drastically cut
loans in the severe credit crunch situation.
Without access to DIP bridge financing, GM would be forced into a
partial, or even a full liquidation. The ramifications are horrendous.
Aside from loss of 100,000 jobs at GM itself, GM is critical to keep
many US auto suppliers in business. If GM failed soon most, possibly
even all of the US and even foreign auto suppliers will go under. Those
parts suppliers are important to other auto makers. Many foreign car
factories would be forced to close due to loss of suppliers. Some
analysts put 2009 job losses from a GM failure as high as 2.5 million
jobs due to the follow-on effects. If the impact of that 2.5 million job
loss is seen in terms of the overall losses to the economy of non-auto
jobs such as services, home foreclosures caused and such, some estimate
total impact would be more than 15 million jobs.
So far in the face of this staggering prospect, the members of the US
Congress have chosen to focus on the fact the GM chief, Rick Wagoner,
flew in his private company jet to Washington. The Congressional charade
conjures up the image of Nero playing his fiddle as Rome goes up in
flames. It should not be surprising that at the recent EU-Asian Summit
in Beijing, Chinese officials mooted the idea of trading between the EU
and Asian nations such as China in Euro, Renminbi, Yen or other national
currencies other than the dollar. The Citigroup bailout and GM debacle
has confirmed the death of the post-1944 Bretton Woods Dollar System.
The real truth behind Citigroup bailout
What neither Paulson nor anyone in Washington is willing to reveal is
the real truth behind the Citigroup bailout. By his and the Republican
Bush Administration's adamant earlier refusal to take an initial
resolute action to immediately nationalize the nine or so largest
troubled banks, he has created the present debacle. By refusing on
ideological grounds to instead reorganize the banks' assets into some
form of 'good bank' and 'bad bank,' similar to what the Government of
Sweden did with what it called Securum, during its banking crisis in the
early 1990's, Paulson and company have created a global financial
structure on the brink.
A Securum or similar temporary nationalization would have allowed the
healthy banks to continue lending to the real economy so the economy
could continue operating, while the State merely sat on the undervalued
real estate assets of the Swedish banks for some months until the
recovering economy made the assets again marketable to the private
sector. Instead, Paulson and his 'crony capitalists' in Washington have
turned a bad situation into a globally catastrophic one.
His apparent realization of the error of his initial refusal to
nationalize came too late. When Paulson reversed policy on September 19
and presented the nine largest banks with an ultimatum to accept partial
Government equity ownership, abandoning his original bizarre plan to
merely buy up the toxic waste asset-backed securities of the banks with
his $700 billion TARP taxpayer money, he never revealed why.
Under the original Paulson Plan, as Dimitri B. Papadimitriou and L.
Randall Wray of the Jerome Levy Institute at Bard College in New York
point out, Paulson sought to create a situation in which the US
'Treasury would become an owner of troubled financial institutions in
exchange for a capital injection-but without exercising any ownership
rights, such as replacing the management that created the mess. The
bailout would be used as an opportunity to consolidate control of the
nation's financial system in the hands of a few large (Wall Street)
banks, with government funds subsidizing purchases of troubled banks by
"healthy" ones.'
Paulson soon realized the scale of crisis, largely triggered by his
inept handling of the Lehman Brothers case, had created an impossible
situation. Were Paulson to use the $700 billion to buy up toxic waste
ABS assets from the select banks at today's market price, the $700
billion would be far too little to take an estimated $2 trillion ($2,000
billion) in Asset Backed Securities off the books of the banks.
The Levy Economics Institute economists state, 'It is probable that many
and perhaps most financial institutions are insolvent today -- with a
black hole of negative net worth that would swallow Paulson's entire
$700 billion in one gulp.'
That reality is the real reason Paulson was forced to abandon his
original 'crony bailout' TARP plan and opt to use some of his money to
buy equity shares in the nine largest banks.
That scheme as well is 'dead on arrival' as the latest Citigroup
nationalization scheme underscores. The dilemma Paulson has created with
his inept handling of the crisis is simple: If the US Government paid
the true value for these nearly worthless assets, the banks would have
to write down huge losses, and, as Levy economists put it, 'announce to
the world that they are insolvent.' On the other hand, if Paulson raised
the toxic waste purchase price high enough to protect the banks from
losses, $700 billion 'will buy only a tiny fraction of the 'troubled'
assets.' That is what the latest nationalization of Citigroup is about.
It is only the beginning. The 2009 year will be one of titanic shocks
and changes to the global order of a scale perhaps not experienced in
the past five centuries. This is why we should speak of the end of the
American Century and its Dollar System.
How destructive that process will be to the citizens of the United
States who are the prime victims of Paulson's crony capitalists, as well
as to the rest of the world depends now on the urgency and resoluteness
with which heads of national Governments in Germany, the EU, China,
Russia and the rest of the non-US world react. It is no time for
ideological sentimentality and nostalgia of the postwar old order. That
collapsed this past September along with Lehman Brothers and the
Republican Presidency. Waiting for a 'miracle' from an Obama Presidency
is no longer an option for the rest of the world.
U.S. Pledges Top $7.7 Trillion to Ease Frozen Credit
Bloomberg
(November 24, 2008) -
The U.S. government is prepared to provide more than
$7.76 trillion on behalf of American taxpayers after guaranteeing
$306 billion of Citigroup Inc. debt yesterday. The pledges,
amounting to half the value of everything produced in the nation
last year, are intended to rescue the financial system after the
credit markets seized up 15 months ago.
The unprecedented pledge of funds includes $3.18
trillion already tapped by financial institutions in the biggest
response to an economic emergency since the New Deal of the 1930s,
according to data compiled by Bloomberg. The commitment dwarfs the plan
approved by lawmakers, the Treasury Department’s $700 billion Troubled
Asset Relief Program. Federal Reserve lending last week was 1,900 times
the weekly average for the three years before the crisis.
When Congress approved the
TARP on Oct. 3, Fed Chairman Ben S. Bernanke and Treasury Secretary
Henry Paulson acknowledged the need for transparency and oversight. Now,
as regulators commit far more money while refusing to disclose loan
recipients or reveal the collateral they are taking in return, some
Congress members are calling for the Fed to be reined in.
“Whether it’s lending or spending, it’s tax dollars
that are going out the window and we end up holding collateral we don’t
know anything about,” said Congressman Scott Garrett, a New Jersey
Republican who serves on the House Financial Services Committee. “The
time has come that we consider what sort of limitations we should be
placing on the Fed so that authority returns to elected officials as
opposed to appointed ones.”
Too Big to Fail
Bloomberg News tabulated data from the Fed, Treasury
and Federal Deposit Insurance Corp. and interviewed regulatory
officials, economists and academic researchers to gauge the full extent
of the government’s rescue effort.
The bailout includes a Fed program to buy as much as
$2.4 trillion in short-term notes, called commercial paper, that
companies use to pay bills, begun Oct. 27, and $1.4 trillion from the
FDIC to guarantee bank-to-bank loans, started Oct. 14.
William Poole, former president of the Federal Reserve
Bank of St. Louis, said the two programs are unlikely to lose money. The
bigger risk comes from rescuing companies perceived as “too big to
fail,” he said.
‘Credit Risk’
The government committed $29 billion to help engineer
the takeover in March of Bear Stearns Cos. by New York-based JPMorgan
Chase & Co. and $122.8 billion in addition to TARP allocations to bail
out New York-based American International Group Inc., once the world’s
largest insurer.
Citigroup received $306 billion of government
guarantees for troubled mortgages and toxic assets. The Treasury
Department also will inject $20 billion into the bank after its stock
fell 60 percent last week.
“No question there is some credit risk there,” Poole
said.
Congressman Darrell Issa, a California Republican on
the Oversight and Government Reform Committee, said risk is lurking in
the programs that Poole thinks are safe.
“The thing that people don’t understand is it’s not
how likely that the exposure becomes a reality, but what if it does?”
Issa said. “There’s no transparency to it so who’s to say they’re
right?”
The worst financial crisis in two generations has
erased $23 trillion, or 38 percent, of the value of the world’s
companies and brought down three of the biggest Wall Street firms.
Read full story...
Markets Down
The Dow Jones Industrial Average through Friday is
down 38 percent since the beginning of the year and 43 percent from its
peak on Oct. 9, 2007. The S&P 500 fell 45 percent from the beginning of
the year through Friday and 49 percent from its peak on Oct. 9, 2007.
The Nikkei 225 Index has fallen 46 percent from the beginning of the
year through Friday and 57 percent from its most recent peak of
18,261.98 on July 9, 2007. Goldman Sachs Group Inc. is down 78 percent,
to $53.31, on Friday from its peak of $247.92 on Oct. 31, 2007, and 75
percent this year.
Regulators hope the rescue will contain the damage and
keep banks providing the credit that is the lifeblood of the U.S.
economy.
Most of the spending programs are run out of the New
York Fed, whose president, Timothy Geithner, is said to be President-
elect Barack Obama’s choice to be Treasury Secretary.
‘They Got Snookered’
The money that’s been pledged is equivalent to $24,000
for every man, woman and child in the country. It’s
nine times what the U.S. has spent so far on wars in Iraq and
Afghanistan, according to
Congressional Budget Office figures. It could pay off more than half
the country’s mortgages.
“It’s unprecedented,” said Bob Eisenbeis, chief
monetary economist at Vineland, New Jersey-based Cumberland Advisors
Inc. and an economist for the Atlanta Fed for 10 years until January.
“The backlash has begun already. Congress is taking a lot of hits from
their constituents because they got snookered on the TARP big time.
There’s a lot of supposedly smart people who look to be totally
incompetent and it’s all going to fall on the taxpayer.”
President Franklin D. Roosevelt’s New Deal of the
1930s, when almost 10,000 banks failed and there was no mechanism to
bolster them with cash, is the only rival to the government’s current
response. The savings and loan bailout of the 1990s cost $209.5 billion
in inflation-adjusted numbers, of which $173 billion came from
taxpayers, according to a July 1996
report by the U.S. General Accounting Office, now called the
Government Accountability Office.
‘Worst Crisis’
The 1979 U.S. government bailout of Chrysler consisted
of bond guarantees, adjusted for inflation, of $4.2 billion, according
to a Heritage Foundation
report.
The commitment of public money is appropriate to the
peril, said Ethan Harris, co-head of U.S. economic research at Barclays
Capital Inc. and a former economist at the New York Fed. U.S. financial
firms have taken writedowns and losses of $666.1 billion since the
beginning of 2007, according to Bloomberg data.
“This is the worst capital markets crisis in modern
history,” Harris said. “So you have the biggest intervention in modern
history.”
Bloomberg has requested details of Fed lending under
the U.S. Freedom of Information Act and filed a federal lawsuit against
the central bank Nov. 7 seeking to force disclosure of borrower banks
and their collateral.
Collateral is an asset pledged to a lender in the
event a loan payment isn’t made.
‘That’s Counterproductive’
“Some have asked us to reveal the names of the banks
that are borrowing, how much they are borrowing, what collateral they
are posting,” Bernanke said Nov. 18 to the
House Financial Services Committee. “We think that’s
counterproductive.”
The Fed should account for the collateral it takes in
exchange for loans to banks, said Paul Kasriel, chief economist at
Chicago-based Northern Trust Corp. and a former research economist at
the Federal Reserve Bank of Chicago.
“There is a lack of transparency here and, given that
the Fed is taking on a huge amount of credit risk now, it would seem to
me as a taxpayer there should be more transparency,” Kasriel said.
Bernanke’s Fed is responsible for $4.74 trillion of
pledges, or 61 percent of the total commitment of $7.76 trillion, based
on data compiled by Bloomberg concerning U.S. bailout steps started a
year ago.
“Too often the public is focused on the wrong piece of
that number, the $700 billion that Congress approved,” said J.D. Foster,
a former staff member of the Council of Economic Advisers who is now a
senior fellow at the Heritage Foundation in Washington. “The other areas
are quite a bit larger.”
Fed Rescue Efforts
The Fed’s rescue attempts began last December with the
creation of the Term Auction Facility to allow lending to dealers for
collateral. After Bear Stearns’s collapse in March, the central bank
started making direct loans to securities firms at the same discount
rate it charges commercial banks, which take customer deposits.
In the three years before the crisis, such average
weekly borrowing by banks was $48 million, according to the central
bank. Last week it was $91.5 billion.
The failure of a second securities firm, Lehman
Brothers Holdings Inc., in September, led to the creation of the
Commercial Paper Funding Facility and the Money Market Investor Funding
Facility, or MMIFF. The two programs, which have pledged $2.3 trillion,
are designed to restore calm in the money markets, which deal in
certificates of deposit, commercial paper and Treasury bills.
Lehman Failure
“Money markets seized up after Lehman failed,” said
Neal Soss, chief economist at Credit Suisse Group in New York and a
former aide to Fed chief Paul Volcker. “Lehman failing made a lot of
subsequent actions necessary.”
The FDIC, chaired by Sheila Bair, is contributing 20
percent of total rescue commitments. The FDIC’s $1.4 trillion in
guarantees will amount to a bank subsidy of as much as $54 billion over
three years, or $18 billion a year, because borrowers will pay a lower
interest rate than they would on the open market, according to Raghu
Sundurum and Viral Acharya of New York University and the London
Business School.
Congress and the Treasury have ponied up $892 billion
in TARP and other funding, or 11.5 percent.
The Federal Housing Administration, overseen by
Department of Housing and Urban Development Secretary Steven Preston,
was given the authority to guarantee $300 billion of mortgages, or about
4 percent of the total commitment, with its Hope for Homeowners program,
designed to keep distressed borrowers from foreclosure.
Federal Guarantees
Most of the federal guarantees reduce interest rates
on loans to banks and securities firms, which would create a subsidy of
at least $6.6 billion annually for the financial industry, according to
data compiled by Bloomberg comparing rates charged by the Fed against
market interest currently paid by banks.
Not included in the calculation of pledged funds is an
FDIC proposal to prevent foreclosures by guaranteeing modifications on
$444 billion in mortgages at an expected cost of $24.4 billion to be
paid from the TARP, according to FDIC spokesman David Barr. The Treasury
Department hasn’t approved the program.
Bernanke and Paulson, former chief executive officer
of Goldman Sachs, have also promised as much as $200 billion to shore up
nationalized mortgage finance companies Fannie Mae and Freddie Mac, a
pledge that hasn’t been allocated to any agency. The FDIC arranged for
$139 billion in loan guarantees for General Electric Co.’s finance unit.
Automakers Struggle
The tally doesn’t include money to General Motors
Corp., Ford Motor Co. and Chrysler LLC. Obama has said he favors
financial assistance to keep them from collapse.
Paulson told the House Financial Services Committee
Nov. 18 that the $250 billion already allocated to banks through the
TARP is an investment, not an expenditure.
“I think it would be extraordinarily unusual if the
government did not get that money back and more,” Paulson said.
In his Nov. 18 testimony, Bernanke told the House
Financial Services Committee that the central bank wouldn’t lose money.
“We take collateral, we haircut it, it is a short-term
loan, it is very safe, we have never lost a penny in these various
lending programs,” he said.
A haircut refers to the practice of lending less money
than the collateral’s current market value.
Requiring the Fed to disclose loan recipients might
set off panic, said David Tobin, principal of New York-based loan-sale
consultants and investment bank
Mission Capital Advisors LLC.
‘Mark to Market’
“If you mark to market today, the banking system is
bankrupt,” Tobin said. “So what do you do? You try to keep it going as
best you can.”
“Mark to market” means adjusting the value of an
asset, such as a mortgage-backed security, to reflect current prices.
Some of the bailout assistance could come from tax
breaks in the future. The Treasury Department changed the tax code on
Sept. 30 to allow banks to expand the deductions on the losses banks
they were buying, according to Robert Willens, a former Lehman Brothers
tax and accounting analyst who teaches at Columbia University Business
School in New York.
Wells Fargo & Co., which is buying Charlotte, North
Carolina-based Wachovia Corp., will be able to deduct $22 billion,
Willens said. Adding in other banks, the code change will cost $29
billion, he said.
“The rule is now popularly known among tax lawyers as
the ‘Wells Fargo Notice,’” Willens said.
The regulation was changed to make it easier for
healthy banks to buy troubled ones, said Treasury Department spokesman
Andrew DeSouza.
House Financial Services Committee Chairman Barney
Frank said he was angry that banks used the money for acquisitions.
“The only purpose for this money is to lend,” said
Frank, a Massachusetts Democrat. “It’s not for dividends, it’s not for
purchases of new banks, it’s not for bonuses. There better be a showing
of increased lending roughly in the amount of the capital infusions” or
Congress may not approve the second half of the TARP money.
A quick question... If the
Dollar were to become obsolete and indeed currency collapsed all
over the world and a new economic system were developed to eliminate
the fraud, waste and abuse while ensuring security and a smooth
transition from individual currencies, would you sign on? What if
doing so required a "pledge of allegiance" of sorts to participate?
Revelation 13:11-18 And I beheld another beast coming up out of the earth; and
he had two horns like a lamb, and he spake as a dragon. And he
exerciseth all the power of the first beast before him, and
causeth the earth and them which dwell therein to worship the
first beast, whose deadly wound was healed.
[Revelation
17]
And he doeth great wonders, so that he maketh fire come
down from heaven on the earth in the sight of men, And deceiveth
them that dwell on the earth by the means of those miracles
which he had power to do in the sight of the beast; saying to
them that dwell on the earth, that they should make an image to
the beast, which had the wound by a sword, and did live.
And he had power to give life unto the image of the beast, that
the image of the beast should both speak, and cause that as many
as would not worship the image of the beast should be killed.
And he causeth all, both small and great, rich and poor,
free and bond, to receive a mark in their right hand, or in
their foreheads: And that no man might buy or sell, save he that
had the mark, or the name of the beast, or the number of his
name. Here is wisdom. Let him that hath understanding
count the number of the beast: for it is the number of a man;
and his number is Six hundred threescore and six.
What if signs and wonders were
added to the mix and a world desperate for the spirituality drained
from them through "modern science" calling into question God's Word,
the mystery of iniquity, they came to worship another "savior"
in a more physical and temporal sense that tickled their ears with
self-satisfying words?
What if global economic
collapse were to be a catalyst for a further globalization and
acceptance of it, in addition to other catalysts, bringing the world
further under the control of the man of sin?
What if I'm just crazy? What if
I'm not. See if the world clamors for more government control while
power consolidation continues... Watch!
Clinton would be well seen abroad as US top diplomat: Solana
EU Business
(November 22, 2008)
- If US president-elect Barack Obama names Hillary Clinton as
his secretary of state, it will be "very well taken" in Europe, EU
foreign policy chief Javier Solana said Friday. "It would be very well
taken, if it were the case," Solana told reporters during a visit to
Washington where he met with Obama representative Madeleine Albright.
"She is a strong personality. She is an appropriate person, capable,
with experience, well known. I think it would be very well taken by the
majority of people," Solana said.
An aide to Obama said the president-elect is "on track" to nominate his
former bitter foe to the prize post of secretary of state after next
week's Thanksgiving holiday. The nomination, the subject of intense
speculation since Clinton flew to Chicago to meet Obama last week, moved
forward after financial disclosure issues were worked out with her
husband, former president Bill Clinton. There will be no formal
announcement before the holiday break which starts on Thursday November
27, the Obama aide said on condition of anonymity, adding the
president-elect was still firming up his national security line-up.
New York Senator Clinton and Obama, who slugged it out during an
acrimonious six-month Democratic primary campaign, were having
substantive discussions about her future role, the aide said.
Signs the Clinton nomination could be firming up followed conflicting
reports, some suggesting the Obama team was frustrated with the Clinton
camp, others saying Clinton was agonizing over whether to give up her
Senate seat. But details of the nominating process have been tightly
held by both sides and it was unclear if any or all of the unnamed
sources were speaking with authority for the two protagonists.
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A Plan for Action: Managing Global Insecurity
42-page pdf at Brookings.edu
(November 21, 2008)
- The Managing Global Insecurity (MGI) Project seeks to build
international support for global institutions and partnerships that can
foster international peace and security—and the prosperity they
enable—for the next 50 years. MGI is a joint initiative among the
Brookings Institution, the Center on International Cooperation at New
York University, and the Center for International Security and
Cooperation at Stanford University.
Since its launch in the spring of 2007, MGI has sought to develop its
recommendations and conduct its work in a manner best suited to address
today’s most urgent global challenges—namely, by fostering a global
dialogue. In a world where 21st century transnational threats—from
climate change to nuclear proliferation and terrorism—require joint
solutions, discussions on these solutions must take place both inside
and outside American borders. As MGI launched this ambitious but urgent
agenda, the Project convened two advisory groups—one American and
bipartisan, and one international. MGI’s advisors are experienced
leaders with diverse visions for how the international security system
must be transformed. They are also skilled politicians who
understand the political momentum that must power substantive
recommendations.
MGI brought these groups together for meetings in Washington D.C., New
York, Ditchley Park (UK), Singapore, and Berlin. With their assistance,
MGI also conducted consultations with government officials, policymakers
and non-governmental organizations across Europe and in Delhi, Beijing,
Tokyo, Doha, and Mexico City. MGI held meetings at the United Nations,
and with African and Latin American officials in Washington D.C. and New
York. On the domestic front, MGI met with Congressional and
Administration officials as well as foreign policy advisors to the U.S.
Presidential campaigns. Ideas generated in international consultations
were tested on U.S. constituencies; ideas generated among U.S.
policymakers were sounded out for their resonance internationally.
American and international leaders were brought together to consider
draft proposals. Through this global dialogue, the Project sought a
shared path forward.
MGI’s findings also derive from extensive research and analysis of
current global security threats and the performance of international
institutions. MGI solicited case studies from leading regional and
subject experts that evaluated the successes and failures of
international responses to the “hard cases”—from the North Korean
nuclear threat to instability in Pakistan and state collapse in Iraq.
Both in the United States and internationally, MGI convened experts to
review the Project’s threat-specific analyses and proposals.
Financial support for the MGI project has also been robustly
international. In addition to the Bertelsmann Stiftung, Rockefeller
Brothers Fund, Ditchley Foundation, William and Flora Hewlett
Foundation, John D. and Catherine T. MacArthur Foundation and UN
Foundation, MGI has received funding and in-kind support from the Royal
Ministry of Foreign Affairs of Norway, the Ministry of Foreign Affairs
of Finland and the Lee Kuan Yew School of Public Policy. A number of
think tanks and other institutions in Japan, China and India hosted
workshops to debate the Project’s findings. MGI is indebted to its
diverse supporters.
MGI’s research and consultations provide the foundation for the
following Plan for Action, a series of policy briefs, and MGI’s book,
Power and Responsibility: International Order in an Era of Transnational
Threats (forthcoming, Brookings Press 2009). The authors are solely
responsible for the following analysis and recommendations. Based on
MGI’s consultations, however, they are confident this is a historic
opportunity for the United States to forge new partnerships to tackle
the most pressing problems of this century. more detail at the
link...
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“The
aim of the MGI [Managing
Global Insecurity] project is ambitious and urgent: to launch a
new reform effort for the global security system in 2009 … for the
global system is in serious trouble. It is simply not capable of
solving the challenges of today. You all know the list: terrorism,
nuclear proliferation, climate change, pandemics, failing states …
None can be solved by a single government alone.”
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Javier Solana, High Representative for the Common
Foreign and Security Policy, European Union; MGI Advisory Group
Member
I think it is worthwhile to
note that the snowball is already rolling down the hill and there
are many things that can happen to advance or delay plans in the
global arena. If there were a threat large enough to further the
cause of the globalists, then much like the ready-fire-fire-fire-aim
approach to the global financial crisis, fear could be used to get
people to take immediate action not yet fully defined in the
timelines already determined. Of course I believe there are some
using the fear with a definite plan of action for a common goal
whether they realize what they are doing or not. I believe the
mystery of iniquity is well at work in the world today.
A Plan For Action: Renewed American Leadership And International
Cooperation for the 21st Century
Brookings Institute
(November 20, 2008) - MR. PASCUAL: --
in his personal capacity has given us tremendous support, along with the
support of the U.N. Foundation, the Ministries of Foreign Affairs of
Finland and Norway, who have been great supporters throughout, the
Rockefeller Brothers Foundation, the Hewlett Foundation, the MacArthur
Foundation, the Ford Foundation, and in kind support that we’ve been
able to get from the Bertelsmann and Ditchley Foundations, the Lee Kuan
Yew School of Public Policy, and think tanks and partners in the United
States and around the world.
A big thanks to so many members of the diplomatic community who are here
today and participating in this session and have provided constant
feedback and advice on some of this work.
I need to give great thanks to both the domestic and international
advisory group that we have had as part of this project. And you’ll see
them on the left hand side of the column, as well as on the Action Plan,
on the inside cover that you have of the Action Plan, a tremendously
distinguished group of individuals who are some of the best
practitioners in the world on foreign policy, international security
policy, and global governance, and we are quite honored that they are
willing to give their time to advise us on this project. And among those
members of the advisory group are the panelists that we have today. And
it’s a pleasure to be able to introduce them in the order that they’re
going to speak today.
First is Former Secretary of State, Madeleine Albright, someone who has
given tremendous advice directly herself in a book called The Memo to
the President, How We Can Restore America’s Reputation and Leadership.
And then Javier Solana, the European Union’s High Representative for
Common, Foreign, and Security Policy. Javier is I think a personal
incarnation of the world’s most effective institution of global
governance, namely himself.
And then Kemal Dervis, who is the Administrator of the U.N. Development
Program. Many of you also know him from his role as Minister of Economy
and Treasury in Turkey and his long career at the
World Bank. And Kemal is also an author of a tremendous book called
Better Globalization, Legitimacy, Governance and Reform. I should say he
had the wisdom of having that published by the Brookings Institution
Press, as well.
And then Tom Pickering, Former Undersecretary of State for Political
Affairs. And Tom really is sort of the icon of the American Foreign
Service, having been an Ambassador in more places than anyone can
imagine and carrying that knowledge around with him on a constant basis.
And finally Strobe Talbott, the President of the Brookings Institution,
my boss, former Deputy Secretary of State, and author of another
tremendous book called The Great Experiment, the Story of Ancient
Empire, Modern States, and the Quest for a Global Nation. And he also
happens to be my friend and has given us tremendous advice throughout
this process, and all of them have just been amazing colleagues.
We are going to have a short presentation of some of the key themes in
the Action Plan to create that as a foundation for the discussion. We’ll
then have the part that you really want, which is a discussion with our
panelists, and have a session to interact among themselves, and then a Q
and A session for the audience. It’ll be I think a fairly full two hour
program, but one that will be I think extremely interesting for
everybody.
This project was a joint venture among Stanford and Brookings and NYU,
in part because of its complexity and the nature of the goal that we
set. We begin by looking at what kinds of recommendations are necessary
to create and international order in the institutions that are going to
bring about prosperity and security for the world over the next 50
years...
...MS. ALBRIGHT: I’d kind of like to step back a little bit, because in
listening, and also in some of my meetings over the weekend, it is clear
to me that venue shopping is one of the problems here. And the question
is, which of these various organizations really are the right ones?
And some of you know this, but I’ll repeat it; when I first became
Secretary, I kept looking for various European Ministers and they were
always in some meeting with some kind of alphabet that I didn’t know. So
I asked the Intelligence and Research part of the State Department to
create a chart for me of the European Organizations, and it looked like
some kind of astrological or astronomical chart, and everything was on
top of everything else, and I nicknamed it the Euro Mess.
The bottom line is that we can’t keep creating organizations on top of
others in terms of who does what with whom. And I think this is the real
challenge in terms of which of the ones that really will work, and where
do you have the right players, and not so much, if I may be so bold as
to say, I like this organization because I dominate it, and I don’t want
to be in that one because there are too many people in it, and I do
think that that is one of the challenges that we have.
The other part goes back to something, Carlos, that you were talking
about. As a professor I say this, the fight between sovereignty and
international action is not dead, and when you say responsible
sovereignty, different people – countries will take it a different way.
I think that President Bashir thinks he’s practicing responsible
sovereignty. And so the question is, how these two concepts deal with
what are very real crises that are out there. So venue shopping and the
struggle between sovereignty and international multi-lateral action, I
think no matter how great the good will is towards President Obama, and
it’s stunning, I think it’s going to continue to be an issue of how we
prioritize and deal with it...
...[Regarding global governance] MR. SOLANA: I think we have
discussed one of the most fascinating topics of the times. I think
the European Union has something to say about this, because a group
of countries that have already, in a voluntary manner, chose to live
together and to share sovereignty. It’s probably the only example
and going as far as taking to the connectivity – currency, which is a
very, very fundamental decision.
But I think we cannot understand that without talking at the same time
about legitimacy. Legitimacy is absolutely fundamental, you want to
govern a complicated structure, and that remains, the legitimacy remains
at the level where proximity – exist. I don’t want to enter more into
that – but it’s very, very crucial, it comes from legitimacy. Now, we
may agree on many, many things even within the European Union that have
to do, but you may sometimes need the legitimacy – very clear, the
national – to do it. And that is a reality will be very difficult to
overcome.
Now, you can put into the global – into federal entity as much things as
you want to transfer from the – will be always – to run into legitimacy,
it will be very difficult. The problems are global, the solutions are
global, the resources and the legitimacy still is global... Read
Q&A excerpt...
MS. McNAMARA: I'm Sally McNamara from the Heritage Foundation.
However, I'm also British and I used to work in the European Union, so
I'm very interested in these comments that the E.U. is a perfect model
of global governance, and I would like to tell you that the E.U. lacks
any sort of legitimacy or credibility, and any time the publics are
asked whether they want more Europe and whether they want a common
foreign insecurity policy, they actually turn around and say no. We have
had several public referenda on things like the Nice Treaty, the
Maastricht Treaty, and, most recently, the Lisbon Treaty. Ireland has
said no, and under the E.U.'s own rules of success, this whole thing
should go away now. However, the E.U. doesn't let something like
democracy get in the way of the European project. It seems to me that
the Americans are far more enthusiastic for a common foreign policy than
the Europeans actually are, because they want Henry Kissinger's one line
to Europe. So, I encourage you to rethink your enthusiasm for the
European project, considering the fact that most European peoples don't
want it, that the E.U. isn't even particular popular at the moment. They
have the lowest ratings that they've ever had.
MR. TALBOTT: Well, picking from the menu of the questions asked, the one
-- they're all terrific questions. The one that most provokes me to
answer was really directed more at Javier, but you asked me to speak
first.
I disagree with our colleague from the Heritage Foundation. I didn't
hear anybody of any nationality up here use the word "perfect" to
describe the European Union. But I would use the following adjectives
with great confidence. The European Union is the most impressive,
accomplished, and promising experiment in transnational governance on
the planet today, and that has been immensely good for the half billion
or so people of Europe. It has taken a huge swatch of real estate, which
is as bloodied as any on the planet historically, a region of the world
where there was a major war every generation from the 17th century on up
to the E-day, and turned it into a zone of peace. No mean
accomplishment. And it has done that through what Madeleine and I
jokingly called the Euro-mess. But we did not use that term
contemptuously. We saw a certain beauty and wisdom in the Euro-mess, and
Madeleine's predecessors once upon a time trying to call her colleagues
or their colleagues and counterparts in Europe wouldn't have found them
at those meetings; they would have found them on battlefields or either
planning to be on battlefields.
And as for the famous Kissinger question of all those years ago when
Madeleine and Tom Pickering and I were in government, we had Javier's
home phone, office phone, and cell phone, and we knew who to call...
...MR. DERVIS: Well, the trouble with being on the same panel with
Strobe is that I usually agree so strongly with him and he says
everything I could say much better. But I do want to also touch on the
Europe issue and again agree. I do believe for the main points that
Strobe made in terms of the peace in Europe, the cooperation, it is a
huge, human achievement which has few precedents -- I think has no
precedent in fact in (inaudible), but also, more specifically, the fact
that there is (inaudible) Euro, the common currency, not in all of the
E.U. but in a large part of it, that you can actually -- you know, it's
a tremendous achievement, countries having given up the kind of
sovereignty symbol of their currency, Germany particularly, you know,
which was so fond of the Deutsche Mark, and I see signs in today's
financial crisis that some who are outside the Euro zone are now
rethinking that maybe it's not such a bad idea to be in part of the Euro
zone, given the tremendous instability of exchange rates and
particularly the problem for small countries and small currencies. The
issue, of course, travel -- the fact that now you can travel freely from
Lisbon up to Stockholm and, you know, that there is now the beginnings
of a labor market that functions on the European scale I think is a
tremendous achievement. And of course coming from Turkey right across
the border, being kind of in and kind of out, it makes it particularly
interesting.
But I do believe nonetheless that there is a political dimension to this
and that if one wants the full support of citizens, then these processes
of cooperation -- and this is another example. I think the challenge --
Europe also presents this challenge, and there -- you know, there is the
truth that citizens don't feel part of it enough and therefore one has
to deepen and widen politics, because politics -- democratic politics is
the source of legitimacy. Technocrats meeting in Brussels don't generate
legitimacy, and there we -- a lot of work still remains to be done in
Europe, but one thing that I want to add here -- and maybe that's part
of the problem, that global mechanisms are becoming increasingly more
important than regional mechanisms. To some degree -- I mean, regional
cooperation is still very important, but many of the issues we are
discussing, whether it's nuclear nonproliferation, clean energy, climate
disease, financial crises, they're all global issues, and the fact that
President-elect Obama, who was then still Senator Obama, went to Berlin
and had hundreds of thousands of people in the street, that was a
political event, and it was not a European, it was not a German, it was
an American. And we need more of that. We need European politicians who
could come to an American city and attract hundreds of thousands of
citizens or Chinese, Indians. We need to create -- it will take time. It
will probably take decades. But in order to make global governance and
cooperation truly legitimate and effective, we will need to add the
democratic politics that I mentioned to the technocratic and kind of
government networks that we've built.
MR. SOLANA: I'm not going to be very long, because Strobe and Kemal have
defended the case which to my mind doesn't need too much to be defended.
But let me not look to the past. The success of the European Union,
vis-à-vis the tragic history of our continent, is (inaudible). What has
been said by Kemal, the success also (inaudible) question about
(inaudible) to the economy, like the construction of the (inaudible),
which is very important in this critical moment and will continue to be.
But we have been talking today for two hours already about something
which is very difficult to match -- how global problems require global
solutions -- have a contradiction and the contradiction is there, the
contradiction with the legitimacy, as Kemal has said many times and I
repeat once again. It is not in the global system. It is still local. It
is more local, more (inaudible), and also resources. Now, I think the
European Union is the best example today of how you can begin to resolve
that contradiction, that you can have global problems, to be global on
the scale of the European Union and (inaudible) globally on the scale of
the European Union and at the same time not being perfect, as has been
said, with all the (inaudible) legitimacy, but it's still distance in
years light or farther mechanisms of legitimacy in other constructions
of the international community. Therefore, the model is a model which is
good for us, and I think it will be good for others, and that's why
other parts of the world are beginning to rescind the European Union as
a model. I don't have to go very far, but I remember when the ASEAN was
trying to run the first "constitution". I don't know how many hours,
days, and months they stayed with us, trying to understand and trying to
see how they could move on in that direction. The same can be said about
the regions of the world. I think that this kind of molecular structure
-- you allowed me to use that terminology for my (inaudible) -- is
better than the structure which is genetomic and not molecular. A
molecular world it will be better to handle than the opposite. And I
think we are very bottom molecular, political molecular structure. Every
atom of the molecule is distinguished -- U.K., Spain, Italy, carbon,
oxygen, nitrogen -- we share elections that give the power. And that is
what I think is a way in which the E.U. has to move on, and I'm very
happy to belong to that molecule (inaudible). more...
There are many people who hold
that the center of power for the kingdom of the man of sin as
prophesied in scripture will various entities other than Europe. I
believe Solana's statement above highlights one of the reasons I
believe Europe is the
revived Roman Empire and the fourth kingdom prophesied by Daniel
and John. In a world that is going global, Europe is the example of
how to cede sovereignty to a unified body, including the
consolidation of currency into one.
Recession
fears hit stock markets
BBC News
(November 20, 2008)
- Wall Street shares have fallen steeply for the second day
in a row, amid investors' growing fears of a protracted economic
downturn. The Dow Jones average tumbled 5.5% after politicians said
they could not agree on an immediate $25bn bail-out for the troubled
US carmakers. Concerns over a sharp slowdown in US factory activity
also added to worries about the strength of the economy. Earlier,
European markets all closed sharply lower on recession worries.
US carmakers Ford, General Motors and Chrysler have now been told to
come up with their own viable recovery plan by 2 December if they
want a $25bn (£17bn) government rescue. Democratic House Speaker
Nancy Pelosi said that without such a plan there would be no
bail-out. She said there was currently no plan in circulation that
could pass both Houses of Congress and win President George W Bush's
approval.
Unemployment claims
At the close the Dow was down 449.99 at 7,552.29. The Nasdaq was
down 5%, or 70 points, at 1,316.12. Adding to the gloom, a business
survey from the Philadelphia Federal Reserve showed that factory
activity covering the key areas of eastern Pennsylvania, southern
New Jersey and Delaware fell by more than forecast in November. The
index, which is seen as a key gauge of the future state of US
manufacturing, slipped to minus 39.3 from minus 37.5 in October.
And new claims for unemployment benefits leapt last week to their
highest in 16 years, according to the US labour department. "The
unemployment data was yet another ugly data point in a seemingly
never-ending stream of poor economic numbers," said Michael Wittner,
global head of oil research at Societe Generale.
The White House indicated on Thursday that Mr Bush would approve
legislation to increase unemployment benefits.
Meanwhile, shares in Citigroup tumbled to their lowest level in more
than 15 years, despite news that Saudi Prince Alwaleed bin Talal, a
long-time investor in the bank, was increasing his stake from less
than 4% to 5%.
Mounting problems
The deepening global recession is being felt in a number of ways:
Mining shares have been hit hard on fears that
demand for steel and other raw materials will drop as the economy
slows. Steel giant Arcelor-Mittal lost 8% and Vedanta Resources lost
8.5%
Oil shares were among the main fallers with BP,
Royal Dutch Shell and Total all at least 5% lower as sweet crude oil
fell below $50 a barrel
Japan's exports to Asia dropped in October for
the first time in six years
Job losses are mounting worldwide, with aerospace
firm Rolls Royce, pharmaceutical giant AstraZeneca and French
carmaker Peugeot Citroen announcing a total of 6,100 cuts
China has warned its employment outlook is
"grim", amid worries that economic problems could lead to social
unrest
Switzerland has cut its key interest rate to 1%
in a surprise move
The IMF has approved a $2.1bn (£1.4bn) loan for
Iceland. Turkey is set to agree to a precautionary stand-by deal
with the IMF soon
Retail sales fell and public sector borrowing
rose in the UK.
In Europe, the London, Paris and Frankfurt markets
were all down by more than 3%. In Asia on Thursday, Japan's Nikkei index
ended 6.8% lower and Hong Kong's main index fell more than 4%.
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Bush Hands Over Reins of U.S. Economy to EUNewsmax
(November 19, 2008) - The results of
the G-20 economic summit amount to nothing less than the seamless
integration of the United States into the European economy. In one month
of legislation and one diplomatic meeting, the United States has
unilaterally abdicated all the gains for the concept of free markets won
by the Reagan administration and surrendered, in total, to the Western
European model of socialism, stagnation, and excessive government
regulation. Sovereignty is out the window. Without a vote, we are
suddenly members of the European Union. Given the dismal record of those
nations at creating jobs and sustaining growth, merging with the
Europeans is like a partnership with death.
At the G-20 meeting, Bush agreed to subject the Securities and Exchange
Commission (SEC) and our other regulatory agencies to the supervision of
a global entity that would critique its regulatory standards and demand
changes if it felt they were necessary. Bush agreed to create a College
of Supervisors. According to The Washington Post, it would "examine the
books of major financial institutions that operate across national
borders so regulators could begin to have a more complete picture of
banks' operations." Their scrutiny would extend to hedge funds and to
various "exotic" financial instruments. The International Monetary Fund
(IMF), a European-dominated operation, would conduct "regular vigorous
reviews" of American financial institutions and practices. The
European-dominated College of Supervisors would also weigh in on issues
like executive compensation and investment practices.
There is nothing wrong with the substance of this regulation. Experience
is showing it is needed. But it is very wrong to delegate these powers
to unelected, international institutions with no political
accountability. We have a Securities and Exchange Commission appointed
by the president and confirmed by the Senate, both of whom are elected
by the American people. It is with the SEC, the Treasury, and the
Federal Reserve that financial accountability must take place.
The European Union achieved this massive subrogation of American
sovereignty the way it usually does, by negotiation, gradual
bureaucratic encroachment, and without asking the voters if they
approve. What's more, Bush appears to have gone down without a fight,
saving his debating time for arguing against the protectionism that
France's Nicolas Sarkozy was pushing. By giving Bush a seeming victory
on a moratorium against protectionism for one year, Sarkozy was able to
slip over his massive scheme for taking over the supervision of the U.S.
economy.
All kinds of political agendas are advancing under the cover of
responding to the global financial crisis. Where Franklin Roosevelt
saved capitalism by regulating it, Bush, to say nothing of Obama, has
given the government control over our major financial and insurance
institutions. And it isn't even our government! The power has now been
transferred to the international community, led by the socialists in the
European Union.
Will Obama govern from the left? He doesn't have to. George W. Bush has
done all the heavy lifting for him. It was under Bush that the
government basically took over as the chief stockholder of our financial
institutions and under Bush that we ceded our financial controls to the
European Union. In doing so, he has done nothing to preserve what
differentiates the vibrant American economy from those dying economies
in Europe.
Why have 80 percent of the jobs that have been created since 1980 in the
industrialized world been created in the United States? How has America
managed to retain its leading 24 percent share of global manufacturing
even in the face of the Chinese surge? How has the U.S. GDP risen so
high that it essentially equals that of the European Union, whose
population is 50 percent greater? It has done so by an absence of
stifling regulation, a liberation of capital to flow to innovative
businesses, low taxes, and by a low level of unionization that has given
business the flexibility to grow and prosper.
Europe, stagnated by taxation and regulation, has grown by a pittance
while we have roared ahead. But now Bush — not Obama — Bush has given
that all up and caved in to European socialists. The Bush legacy?
European socialism. Who needs enemies with friends like Bush?
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Ex-Hitler youth's warning to America
WorldNet Daily
(November 13, 2008)
- Because it has abandoned moral absolutes and its historic
Christian faith, the U.S. is moving closer to a Nazi-style
totalitarianism, warns a former German member of the Hitler Youth in a
new book. "Every day brings this nation closer to a Nazi-style
totalitarian abyss," writes Hilmar von Campe, now a U.S. citizen, and
author of "Defeating
the Totalitarian Lie: A Former Hitler Youth Warns America."
Von Campe has founded the national Institute for Truth and Freedom to
fight for a return to constitutional government in the U.S. – a key, he
believes, to keeping America free. "I lived the Nazi nightmare, and, as
the old saying goes, 'A man with an experience is never at the mercy of
a man with an argument,'" writes von Campe. "Everything I write is based
on my personal experience in Nazi Germany. There is nothing theoretical
about my description of what happens when a nation throws God out of
government and society, and Christians become religious bystanders. I
don't want to see a repetition. The role of God in human society is the
decisive issue for this generation. My writing is part of my life of
restitution for the crimes of a godless government, of the evil of which
I was a part."
Von Campe grew up under the Nazis, served in the Hitler Youth and fought
against the Red Army in the Yugoslavian theater as a tank gunner in the
German army. He was captured at the end of the war and escaped five
months later from a prisoner of war camp in Communist Yugoslavia. "It
took me a long time to understand and define the nature of National
Socialism," says von Campe. "And, unfortunately, their philosophy
continues to flourish under different labels remaining a menace to
America and free human society."
He writes: "The most painful part of defining National Socialism was to
recognize my own moral responsibility for the Nazi disaster and their
crimes against humanity. It boiled down to accepting the truth that 'as
I am, so is my nation,' and realizing that if every German was like me,
it was no wonder that the nation became a cesspool of gangsters. This
realization is as valid today for any person in any nation as it was
then, and it is true for America and every American now."
Von Campe's message is that political freedom and democratic rules alone
are not sufficient to govern humanity justly. "Democratic procedures can
be subverted and dishonest politicians are like sand in the gearbox,
abundant, everywhere and destructive," he writes. "What I see in America
today is people painting their cabins while the ship goes down. Today in
America we are witnessing a repeat performance of the tragedy of 1933
when an entire nation let itself be led like a lamb to the Socialist
slaughterhouse. This time, the end of freedom is inevitable unless
America rises to her mission and destiny."
Von Campe says he sees spiritual parallels among Americans and his
childhood Germany. "The silence from our pulpits regarding the moral
collapse of American society from within is not very different from the
silence that echoed from the pulpits in Germany toward Nazi policies,"
he explains. "Our family lived through the Nazi years in Germany, an
experience typical of millions of Europeans regardless of what side they
were on. We paid a high price for the moral perversions of a German
government, which excluded God and His Commandments from their policies.
America must not continue following the same path to destruction, but
instead heed the lessons of history and the warning I am giving."
Specifically, von Campe warns Americans their political leaders are on
the wrong footing, "denying our cultural and traditional roots based on
our unique Constitution and Christian orientation as a nation.
Christians don't understand their mission."
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Interview: Single EU defence 'not for all'
Euractiv
(November 11, 2008)
- It is impossible to conceive 'Defence Europe' as a project
for all 27 member states because they do not all share "similar
ambitions", French Defence Minister Hervé Morin told EurActiv France
in an exclusive interview.
Nevertheless, there are grounds for increased cooperation between
particular member states. "Our idea is to put a number of proposals
on the table, in the knowledge that some will be well-received by a
limited number of countries rather than all 26," noted Morin,
underlining that this was how Europe was built in many other policy
areas.
Morin is confident, nonetheless, that agreement can be reached among
the 27 to raise military and public awareness of the need for a
European defence capacity or "military Erasmus". The project is
expected to focus on military training, fostering exchange between
young European officers on coordinating evacuations of European
nationals and on surveillance of European maritime areas. "We are
confident that the proposals tabled will be adopted," said Morin,
explaining that the French EU Presidency had received positive
feedback regarding the planned measures.
Morin was also upbeat about information received from the Bush
administration, which he said had changed its stance on European
defence. Quoting Robert Gates, his US counterpart, the French
minister noted that "there is no longer any American hostility to
the creation of 'Defence Europe'. They have understood that it is
a means of improving global military capabilities".
The defence minister explained that in designing a "system that
nobody could block," the French Presidency had ensured that every
member state could "decide upon its own participation". For example,
Hungary, Romania and Bulgaria will not participate in the
multinational airlift fleet based on the A400M, Morin explained, but
they will benefit in terms of balancing their transportation
deficiencies.
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EU/UN/4th Kingdom
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NewWorldOrder|
America|
Gordon Brown calls for new world order to beat recession
Telegraph UK
(November 10, 2008)
- Mr Brown will call on fellow world leaders to use the
current worldwide economic downturn as an opportunity to thoroughly
reform international financial institutions and create a new "truly
global society" with Britain, the US and Europe providing leadership.
His call comes ahead of an emergency summit of world leaders and
finance ministers from 20 major countries, the G20, in Washington
next weekend. Mr Brown will say that the Washington meeting must
establish a consensus on a new Bretton Woods-style framework for the
international financial system, featuring a reformed International
Monetary Fund which will act as a global early-warning system for
financial problems.
The original Bretton Woods agreements, signed in Bretton Woods, New
Hampshire in 1944, established post-war international monetary
protocols governing trade, banking and other financial relations
among nations, including fixed exchange rates and the IMF.
Mr Brown's plan for strengthening the global economy 60 years later
involves recapitalisation of banks to permit the resumption of
normal lending to households and businesses, better international
co-ordination of fiscal and monetary policy and a new IMF fund to
help struggling economies and stop financial problems spreading
between nations. He also wants agreement on a world trade deal and
reform of the international financial system based on principles of
"transparency, integrity, responsibility, sound banking practice and
global governance with co-ordination across borders".
As Britain moves into a painful recession Mr Brown has staked his
own leadership on helping to find a way out of the global crisis. In
a speech to City financiers at the annual Lord Mayor's banquet in
London he will say: "The British Government will begin to begin a
new Bretton Woods with a new IMF that offers, by its surveillance of
every economy, an early warning system and a crisis prevention
mechanism for the whole world. "The alliance between Britain and the
US, and more broadly between Europe and the US, can and must provide
leadership, not in order to make the rules ourselves, but to lead
the global effort to build a stronger and more just international
order. "My message is that we must be internationalist not
protectionist, interventionist not neutral, progressive not reactive
and forward-looking not frozen by events. We can seize the moment
and in doing so build a truly global society."
Mr Brown has already discussed IMF reforms with French President
Nicolas Sarkozy and German Chancellor Angela Merkel and has called
on countries including China and the oil-rich Gulf states to fund
the bulk of an increase in the IMF's bailout pot. The Prime Minister
wants the markets to be subjected to morality and ordinary people's
interests are put first. He believes that in electing Barack
Obama, US voters have showed their belief in a "progressive" agenda
of government intervention to help families and businesses through
the current crisis. He will say: "Uniquely in this global age,
it is now in our power to come together so that 2008 is remembered
not just for the failure of a financial crash that engulfed the
world but for the resilience and optimism with which we faced the
storm, endured it and prevailed."
However, the head of the IMF played down expectations of a new
Bretton Woods system ahead of the G20 summit. Dominique
Strauss-Kahn, the IMF's managing director, said: "Expectations
should not be oversold. Things are not going to change overnight.
Bretton Woods took two years to prepare. A lot of people are talking
about Bretton Woods II. The words sound nice but we are not going to
create a new international treaty."
The European Union has called for an overhaul of the IMF with French
President Nicolas Sarkozy, whose country holds the EU's rotating
presidency, saying: "We want to change the rules of the game". The
US, however, has been more lukewarm on the possibility of radical
change.
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NewWorldOrder|
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Economic Crisis
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European Air Transport Fleet Launched
European Defense Agency
(November 10, 2008)
- European Defence Ministers, meeting in the Steering Board
of the European Defence Agency, launched today concrete initiatives
and projects for improving European military capabilities. Decisions
were taken on programmes related to air transport, maritime
surveillance and helicopters, amongst others.
"This is the concrete follow-up to the discussions which took place
at the Informal EU Defence Ministers meeting in Deauville early
October. We are seeing today that the Agency can very quickly
translate political intentions into concrete proposals. These
programmes will create tangible European capabilities and improve
the capacity for crisis management operations”, said Head of the
Agency Javier Solana, who chaired the meeting.
European Air Transport Fleet
European Defence Ministers launched today EDA work on establishing a
European Air Transport Fleet (EATF). A Declaration of Intent on
participation in the initiative was signed by Defence Ministers of
Belgium, Czech Republic, France, Germany, Greece, Italy, Luxembourg,
Netherlands, Portugal, Romania, Slovakia and Spain.
The EATF aims at reducing European air transport shortfalls by
pooling aircraft such as the A400M and C130. Participation can take
different forms: making aircraft available; purchasing, providing or
exchanging flying hours; or to provide and benefit from shared
and/or pooled support functions (training, maintenance, etc.).
Milestones have been set with the aim of reaching EATF initial
operational capability by the next decade. “The EATF Declaration is
most welcome, as pooling European aircraft and services will improve
the lift capabilities and alleviate a significant European
shortfall”, said Alexander Weis, the Agency’s Chief Executive.
Maritime Mine Counter-Measures
The Steering Board also launched two other projects. Ten Member
States (Belgium, Estonia, Finland, France, Germany, Netherlands,
Poland, Portugal, Romania and Sweden) plus Norway will work closely
together in an EDA project for the future replacement of their
maritime mine counter-measures capabilities in an EDA project.
Activities will commence with an assessment phase, leading to
recommendations for the selection of systems solutions and
addressing all relevant aspects. Mine counter-measures in littoral
sea areas has been identified as one of the initial 12 prioritised
actions in the context of the Agency’s Capability Development Plan (CDP).
Future Unmanned Aerial System
Another project, related to Maritime Surveillance, is the launch of
work for a Future Unmanned Aerial System. Based on common
requirements, seven Member States (Finland, France, Germany, Poland,
Portugal, Spain and Sweden) will begin the preparations for the
development of an unmanned aerial system, which will be able to take
off and land on a ship’s deck. This future system will increase the
capability for wide area surveillance in support of ESDP operations,
a need which has been identified in the Capability Development Plan.
Space-based Earth Surveillance System Five Member States (Belgium, France, Germany, Greece, Spain)
signed a Letter of Intent on the second generation of space-based
imaging capacity. This Multinational Space-based Imaging System for
surveillance, reconnaissance and observation (MUSIS) project aims at
continuity of service from 2015 onwards. The MUSIS partners intend
to launch an EDA Category B project on the basis on their
initiative, which will be open for other Member States'
participation.
Helicopters The Steering Board endorsed a roadmap for the Helicopter
Tactics Training Programme, part of the Agency’s work to improve
availability of helicopters for ESDP operations. The contents of
this programme will be defined in the course of 2009, based on the
results of two studies – focussing on the requirements – and the
lessons learned from an exercise, to take place in France in spring
2009. The Programme itself will start in 2010. “The Agency is
quickly progressing with its helicopter work. The Helicopter Tactics
Programme is proving that in some cases training can provide
additional capabilities in the short-term. Improving ESDP
capabilities does not always require new equipment”, said Alexander
Weis, EDA’s Chief Executive.
Ministers also took stock of the progress made on the Agency’s work
on upgrading helicopters, with the aim to offer a detailed menu with
upgrade options by spring 2009.
Germany and France informed the Steering Board of their intent to
bring their bilateral initiative for a Future Transport Helicopter
into the Agency in the near future, opening up the project to other
interested Member States. The project aims at developing
intra-theatre transport helicopter for the 2020+ timeframe.
European Defence Research and Technology Strategy Ministers endorsed the European Defence Research and
Technology (EDRT) Strategy to enhance and develop more effective
research collaboration to deliver timely the right technologies in
support of military capabilities. The Strategy defines “ends” (key
technologies to invest in), “means” (how to invest better, such as
through improved R&T collaborations) and “ways” (roadmaps and action
plans). Four of the 12 priority actions of the Capability
Development Plan have been chosen for identifying potential R&T
projects: Counter-Man Portable Air-Defence Systems (C-MANPADS), Mine
Counter- Measures, Counter-Improvised Explosive Devices (C-IED) and
Chemical, Biological and Radiological or Nuclear (CBRN) -
specifically detection of biological weapons.
The EDRT Strategy completes the EDA work on its strategic framework.
With the CDP as the overall strategic tool this framework consists
of the EDRT Strategy, the Armaments Cooperation Strategy (endorsed
in October 2008) and the European Defence Technological and
Industrial Base Strategy (endorsed in May 2007).
Innovative Concepts and Emerging Technologies Ten Member States (Cyprus, France, Germany, Greece, Hungary,
Italy, Poland, Slovakia, Slovenia and Spain) plus Norway signed the
Programme Arrangement for the Joint Investment Programme on
Innovative Concepts and Emerging Technologies (JIP-ICET). The
Programme aims at promoting basic research cooperation, for example
on an integrated navigation architecture and on nanotechnologies for
soldier protection.
Forum for Military Airworthiness Authorities Ministers decided to create a European Union-wide Forum for
Military Airworthiness Authorities. This Forum will be used to
harmonise the different national military airworthiness regulations
within the European Union in order to stop duplication of work, to
reduce costs and to shorten timelines for multinational procurement.
Work Programme The Steering Board approved the Agency’s Work Programme for
2009. The focus of the Work Programme is on concrete projects, in
particular related to the 12 prioritised actions stemming from the
Capability Development Plan. The Agency will have a 2009 budget of €
30m, including € 8m operational budget for studies, and will recruit
ten new staff. The budget was adopted by the General Affairs and
External Relations Council in Defence Ministers formation.
Defence Data 2007 Ministers were informed on the results of the Agency’s
defence data-collecting for 2007 and on the assessment of the
collective benchmarks for Defence R&T and equipment procurement. A
dedicated brochure has been released.
EUROPEAN DEFENCE AGENCY
- Background information -
The European Defence Agency (EDA) was established by
the Council on 12 July 2004. It is designed "to support the Council and
the Member States in their effort to improve European defence
capabilities in the field of crisis management and to sustain the ESDP
as it stands now and develops in the future". More specifically, the
Agency is ascribed four functions, relating to:
a) defence capabilities development;
b) armaments cooperation;
c) the European defence technological and industrial base and
defence equipment market;
d) research and technology.
These functions all relate to improving Europe's
defence performance, by promoting coherence in place of fragmentation.
The EDA is an Agency of the European Union. High Representative
Solana is Head of the Agency, chairman of the Steering Board, which acts
under the Council's authority and within the framework of guidelines
issued by the Council.
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Solana| NewWorldOrder|
Obama's Council on Foreign Relations Crew
Global Research
(November 9, 2008)
- Meet some of president elect Obama’s leading foreign and
domestic policy advisors and likely administration members, every
one of them a prominent member of the Council On Foreign Relations.
Will these people bring about "change" or will they continue to hold
up the same entrenched system forged by the corporate elite for
decades?
Susan E. Rice
- Council on Foreign Relations, The Brookings Institution - Served
as Assistant Secretary of State for African Affairs under Clinton
from 1997 to 2001. Former Secretary of State Madeline Albright is a
longtime mentor and family friend to Rice. Critics charge that she
is is ill disposed towards Europe, has little understanding of the
Middle East and would essentially follow the same policies of
Condoleeza Rice if appointed the next Secretary of State or the
National Security Adviser.
Anthony Lake
- CFR, PNAC - Bill Clinton’s first national security adviser, who
was criticized for the administration’s failure to confront the
genocide in Rwanda in 1994 and now acknowledges the inaction as a
major mistake.
Zbigniew Brzezinski
- CFR, Trilateral Commission - Brzezinski is widely seen as the man
who created Al Qaeda, and was involved in the Carter Administration
plan to give arms, funding and training to the mujahideen in
Afghanistan.
Richard Clarke
- CFR - Former chief counter-terrorism adviser on the U.S. National
Security Council under Bush. Notoriously turned against the Bush
administration after 9/11 and the invasion of Iraq. Also advised
Madeleine Albright during the Genocide in Rwanda.
Ivo Daalder
- CFR, Brookings, PNAC - Co-authored a Washington Post op-ed with
neocon Robert Kagan arguing that interventionism is a bipartisan
affair that should be undertaken with the approval of our democratic
allies.
Dennis Ross
- CFR, Trilateral Commission, PNAC - Served as the director for
policy planning in the State Department under President George H. W.
Bush and special Middle East coordinator under President Bill
Clinton. A noted supporter of the Iraq war, Ross is also a Foreign
Affairs Analyst for the Fox News Channel.
Lawrence Korb
- CFR, Brookings - Director of National Security Studies at the
Council on Foreign Relations. Has criticized manor of the invasion
of Iraq but has detailed plans to increase the manpower of the
United States Army to fight the war on terror and to "spread liberal
democratic values throughout the Middle East".
Bruce Reidel
- CFR, Brookings - Former CIA analyst who wishes to expand the war
on terror to fight Al Qaeda across the globe. Considered to be the
reason behind Barack Obama’s Hawkish views on Pakistan and his Pro
India leanings on Kashmir.
Stephen Flynn
- CFR - Has been attributed with the idea for Obama’s much vaunted
"Civilian Security Force". Flynn has
written: "The United States should roughly replicate the Federal
Reserve model by creating a Federal Security Reserve System (FSRS)
with a national board of governors, 10 regional Homeland Security
Districts, and 92 local branches called Metropolitan Anti-Terrorism
Committees. The objective of this system would be to develop
self-funding mechanisms to more fully engage a broad cross-section
of American society to protect the country’s critical foundations
from the widespread disruption that would arise from a terrorist
attack."
Madeline Albright
- CFR, Brookings - Currently serves on the Council on Foreign
Relations Board of directors. Secretary of State and US Ambassador
to the United Nations under Clinton. Did not take action against the
genocide in Rwanda. Defended the sanctions against Iraq under Saddam
Hussein. When asked by CBS’s 60 Minutes about the effects of
sanctions: "We have heard that half a million children have died. I
mean, that’s more children than died in Hiroshima. And, you know, is
the price worth it?" Albright replied: "I think this is a very hard
choice, but the price — we think the price is worth it."
This is by no means an exhaustive
list. Of course, had John McCain become president, being a member of the
CFR himself, his administration would have been replete with CFR
representatives also. Max Boot, Lawrence Eagleburger and Henry
Kissinger, to name but a few, are all CFR members and were all advisors
to the McCain campaign.
Please do your own research and add more names in the comments section
of this report. It is important to document how these people are a part
of the engine of global elitism and do not represent change. Only with
this understanding will others wake up to the false left-right paradigm
and be able to create the environment for real political change. | NewWorldOrder|
America|
Obama |
The October 2008 financial meltdown is not the result of a cyclical
economic phenomenon. It is the deliberate result of US government
policy instrumented through the Treasury and the US Federal Reserve
Board. This is the most serious economic crisis in World history.
The "bailout" proposed by the US Treasury does not constitute a
"solution" to the crisis. In fact quite the opposite: it is the
cause of further collapse. It triggers an unprecedented
concentration of wealth, which in turn contributes to widening
economic and social inequalities both within and between nations.
The levels of indebtedness have skyrocketed. Industrial corporations
are driven into bankruptcy, taken over by the global financial
institutions. Credit, namely the supply of loanable funds,
which constitutes the lifeline of production and investment, is
controlled by a handful of financial conglomerates.
With the "bailout", the public debt has spiraled. America is the
most indebted country on earth. Prior to the "bailout", the US
public debt was of the order of 10 trillion dollars. This US dollar
denominated debt is composed of outstanding treasury bills and
government bonds held by individuals, foreign governments,
corporations and financial institutions.
"The Bailout": The US Administration is Financing its Own
Indebtedness
Ironically, the Wall Street banks --which are the recipients of the
bailout money-- are also the brokers and underwriters of the US
public debt. Although the banks hold only a portion of the public
debt, they transact and trade in US dollar denominated public debt
instruments Worldwide.
In a bitter twist, the banks are the recipients of a 700+ billion
dollar handout and at the same time they act as creditors of the US
government. We are dealing with an absurd circular relationship: To
finance the bailout, Washington must borrow from the banks, which
are the recipients of the bailout.
The US administration is financing its own indebtedness. Federal,
State and municipal governments are increasingly in a
straightjacket, under the tight control of the global financial
conglomerates. Increasingly, the creditors call the shots on
government reform. The bailout is conducive to the consolidation
and centralization of banking power, which in turn backlashes on
real economic activity, leading to a string of bankruptcies and mass
unemployment.
Will an Obama Administration Reverse the
Tide?
The financial crisis is the outcome of a deregulated financial
architecture. Obama has stated unequivocally his resolve to address
the policy failures of the Bush administration and "democratize" the
US financial system. President-Elect Barack Obama says that he is
committed to reversing the tide:
"Let us remember that if this
financial crisis taught us anything, it’s that we cannot have a
thriving Wall Street while Main Street suffers. In this country,
we rise or fall as one nation, as one people." (President-elect
Barack Obama, November 4, 2008, emphasis added)
The Democrats casually blame the Bush
administration for the October financial meltdown. Obama says that he will be introducing
an entirely different policy agenda which responds to the interests of
Main Street:
"Tomorrow, you can turn the
page on policies that put the greed and irresponsibility of Wall
Street before the hard work and sacrifice of men and women all
across Main Street. Tomorrow you can choose policies that invest in
our middle class and create new jobs and grow this economy so that
everybody has a chance to succeed, from the CEO to the secretary and
the janitor, from the factory owner to the men and women who work on
the factory floor.( Barack Obama, election campaign, November 3,
2008, emphasis added)
Is Obama committed to "taming Wall
Street" and "disarming financial markets"? Ironically, it was under the
Clinton administration that these policies of "greed and
irresponsibility" were adopted.
The 1999 Financial Services Modernization Act (FSMA) was conducive to
the the repeal of the Glass-Steagall Act of 1933. A pillar of President
Roosevelt’s "New Deal", the Glass-Steagall Act was put in place in
response to the climate of corruption, financial manipulation and
"insider trading" which resulted in more than 5,000 bank failures in the
years following the 1929 Wall Street crash.
Bill Clinton signs into law the Gramm-Leach-Bliley Financial Services
Modernization Act, November 12, 1999. Under the 1999 Financial Services
Modernization Act, effective control over the entire US financial
services industry (including insurance companies, pension funds,
securities companies, etc.) had been transferred to a handful of
financial conglomerates and their associated hedge funds. Read
full story...
The Engineers of Financial Disaster
Who are the architects of this debacle? In a bitter irony, the engineers
of financial disaster are now being considered by President-Elect Barack
Obama's Transition Team for the position Treasury Secretary:
Lawrence Summers played a
key role in lobbying Congress for the repeal of the Glass Steagall
Act. His timely appointment by President Clinton in 1999 as Treasury
Secretary spearheaded the adoption of the Financial Services
Modernization Act in November 1999. Upon completing his mandate at
the helm of the US Treasury, he became president of Harvard
University (2001- 2006).
Paul Volker was
chairman of the Federal Reserve Board in the l980s during the Reagan
era. He played a central role in implementing the first stage of
financial deregulation, which was conducive to mass bankruptcies,
mergers and acquisitions, leading up to the 1987 financial crisis.
Timothy Geithner is CEO of
the Federal Reserve Bank of New York, which is the most powerful
private financial institution in America. He was also a former
Clinton administration Treasury official. He has worked for
Kissinger Associates and has also held a senior position at the IMF.
The FRBNY plays a behind the scenes role in shaping financial
policy. Geithner acts on behalf of powerful financiers, who are
behind the FRBNY. He is also a member of the Council on Foreign
Relations (CFR)
Jon Corzine is currently
governor of New Jersey, former CEO of Goldman Sachs.
At the time of writing, Obama's
favorite is Larry Summers, front-runner for the position of Treasury
Secretary. [Timothy Geithner appears to be
the front-runner for the position of Treasury Secretary
see above] Harvard University Economics Professor
Lawrence Summers served as Chief Economist for the World Bank
(1991–1993). He contributed to shaping the macro-economic reforms
imposed on numerous indebted developing countries. The social and
economic impact of these reforms under the IMF-World Bank sponsored
structural adjustment program (SAP) were devastating, resulting in mass
poverty. Larry Summer's stint at the World Bank
coincided with the collapse of the Soviet Union and the imposition of
the IMF-World Bank's deadly "economic medicine" on Eastern Europe, the
former Soviet republics and the Balkans.
In 1993, Summers moved to the US
Treasury. He initially held the position of Undersecretary of the
Treasury for international affairs and later Deputy Secretary. In
liaison with his former colleagues at the IMF and the World Bank, he
played a key role in crafting the economic "shock treatment" reform
packages imposed at the height of the 1997 Asian crisis on South Korea,
Thailand and Indonesia.
The bailout agreements negotiated with
these three countries were coordinated through Summers office at the
Treasury in liaison with the Federal Reserve Bank of New York and the
Washington based Bretton Woods institutions. Summers worked closely with
IMF Deputy Managing Director
Stanley Fischer, who was later appointed Governor of the Central
Bank of Israel.
Larry Summers became Treasury
Secretary in July 1999. He is a protégé of David Rockefeller. He was
among the main architects of the infamous Financial Services
Modernization Act, which provided legitimacy to inside trading and
outright financial manipulation.
"Putting the Fox in Charge of
the Chicken Coop"
Summers is currently a Consultant to Goldman Sachs and managing director
of a Hedge fund, the D.E. Shaw Group,
As a Hedge Fund manager, his contacts at the Treasury and on Wall
Street provide him with valuable inside information on the movement of
financial markets. Putting a Hedge Fund manager (with
links to the Wall Street financial establishment) in charge of the
Treasury is tantamount to putting the fox in charge of the chicken
coop.
The Washington Consensus
Summers, Geithner, Corzine, Volker,
Fischer, Phil Gramm, Bernanke, Hank Paulson, Rubin, not to mention Alan
Greenspan, al al. are buddies; they play golf together; they have links
to the Council on Foreign Relations and the Bilderberg; they act
concurrently in accordance with the interests of Wall Street; they meet
behind closed doors; they are on the same wave length; they are
Democrats and Republicans.
While they may disagree on some
issues, they are firmly committed to the Washington-Wall Street
Consensus. They are utterly ruthless in their management of economic
and financial processes. Their actions are profit driven. Outside of
their narrow interest in the "efficiency" of "markets", they have little
concern for "living human beings." How are people's lives affected by
the deadly gamut of macro-economic and financial reforms, which is
spearheading entire sectors of economic activity into bankruptcy.
The economic reasoning underlying
neoliberal economic discourse is often cynical and contemptuous. In this
regard, Lawrence Summers' economic discourse stands out. He is known
among environmentalists for having proposed the dumping of toxic waste
in Third World countries, because people in poor countries have shorter
lives and the costs of labor are abysmally low, which essentially means
that the market value of people in the Third World is much lower.
According to Summers, this makes it far more "cost effective" to export
toxic materials to impoverished countries. A controversial 1991 World
Bank memo signed by of Chief Economist Larry Summers reads as follows
(excerpts, emphasis added):
DATE: December 12, 1991 TO:
Distribution FR: Lawrence H. Summers Subject: GEP
"'Dirty' Industries: Just
between you and me, shouldn't the World Bank be encouraging MORE
migration of the dirty industries to the Less Developed Countries?
I can think of three reasons:
1) The measurements of the
costs of health impairing pollution depends on the foregone earnings
from increased morbidity and mortality.... From this point of
view a given amount of health impairing pollution should be done in
the country with the lowest cost, which will be the country with the
lowest wages. I think the economic logic
behind dumping a load of toxic waste in the lowest wage country is
impeccable and we should face up to that.
2) The costs of pollution are
likely to be non-linear as the initial increments of pollution
probably have very low cost. I've always though that
under-populated countries in Africa are vastly UNDER-polluted,
their air quality is probably vastly inefficiently low compared to
Los Angeles or Mexico City. Only the lamentable facts that so much
pollution is generated by non-tradable industries (transport,
electrical generation) and that the unit transport costs of solid
waste are so high prevent world welfare enhancing trade in air
pollution and waste.
3) The demand for a clean
environment for aesthetic and health reasons is likely to have very
high income elasticity. [the demand increases when income levels
increase]. The concern over an agent that causes a one in a million
change in the odds of prostrate cancer is obviously going to be much
higher in a country where people survive to get prostrate cancer
than in a country where under 5 mortality is is 200 per thousand....
"
http://www.globalpolicy.org/socecon/envronmt/summers.htm
Summers stance on the export of
pollution to developing countries had a marked impact on US
environmental policy:
In 1994, "virtually every country
in the world broke with Mr. Summers' Harvard-trained "economic
logic" ruminations about dumping rich countries' poisons on their
poorer neighbors, and agreed to ban the export of hazardous wastes
from OECD to non-OECD [developing] countries under the Basel
Convention. Five years later, the United States is one of the few
countries that has yet to ratify the Basel Convention or the Basel
Convention's Ban Amendment on the export of hazardous wastes from
OECD to non-OECD countries. (Jim Valette,
Larry
Summers' War Against the Earth, Counterpunch, undated)
The 1997 Asian Crisis: Dress
Rehearsal for Things to Come
In the course of 1997, currency
speculation instrumented by major financial institutions directed
against Thailand, Indonesia and South Korea was conducive to the
collapse of national currencies and the transfer of billions of dollars
of central bank reserves into private financial hands. Several observers
pointed to the deliberate manipulation of equity and currency markets by
investment banks and brokerage firms.
While the Asian bailout agreements
were formally negotiated with the IMF, the major Wall Street commercial
banks (including Chase, Bank of America, Citigroup and J. P. Morgan) as
well as the "big five" merchant banks (Goldman Sachs, Lehman Brothers,
Morgan Stanley and Salomon Smith Barney) were "consulted" on the clauses
to be included in the Asian bail-out agreements. [Note: These are 1997
denominations of major financial institutions]
The US Treasury in liaison with Wall
Street and the Bretton Woods institutions played a central role in
negotiating the bailout agreements. Both Larry Summers and Timothy
Geithner, were actively involved on behalf of the US Treasury in the
1997 bailout of South Korea:
[In 1997] "Messrs. Summers and
Geithner worked to persuade Mr. Rubin to support financial aid to
South Korea. Mr. Rubin was wary of such a move, worrying that
providing money to a country in dire straits might be a losing
proposition..." (WSJ, November 8, 2008)
What happened in Korea under advice
from Deputy Treasury Secretary Summers et al, had nothing to do with
"financial aid."
The country was literally ransacked.
Undersecretary of the Treasury David Lipton was sent to Seoul in early
December 1997. Secret negotiations were initiated. Washington had
demanded the firing of the Korean Finance Minister and the unconditional
acceptance of the IMF "bailout."
A new finance minister, who happened
to be former IMF and World Bank official, was appointed and immediately
rushed off to Washington for "consultations" with his former IMF
colleague Deputy Managing Director Stanley Fischer.
"The Korean Legislature had met in
emergency sessions on December 23. The final decision concerning the
57 billion dollar deal took place the following day, on Christmas
Eve December 24th, after office hours in New York. Wall Street’s top
financiers, from Chase Manhattan, Bank America, Citicorp and J. P.
Morgan had been called in for a meeting at the Federal Reserve Bank
of New York. Also at the Christmas Eve venue, were representatives
of the big five New York merchant banks including Goldman
Sachs, Lehman Brothers, Morgan Stanley and Salomon Smith Barney. And
at midnight on Christmas Eve, upon receiving the green light from
the banks, the IMF was allowed to rush 10 billion dollars to
Seoul to meet the avalanche of maturing short-term debts.
The coffers of Korea’s central
Bank had been ransacked. Creditors and speculators were anxiously
awaiting to collect the loot. The same institutions which had
earlier speculated against the Korean won were cashing in on the IMF
bailout money. It was a scam. (See Michel Chossudovsky,
The Recolonization of Korea, subsequently published as a chapter
in The Globalization of Poverty and the New World Order, Global
Research, Montreal, 2003.)
"Strong economic medicine" is the
prescription of the Washington Consensus. "Short term pain for long
term gain" was the motto at the World Bank during Lawrence Summers term
of as World Bank Chief Economist. (See
IMF, World Bank Reforms Leave Poor Behind, Bank Economist Finds,
Bloomberg, November 7, 2000)
What we dealing with is an entire "
old boys network" of officials and advisers at the Treasury, the Federal
Reserve, the IMF, World Bank, the Washington Think Tanks, who are in
permanent liaison with leading financiers on Wall Street. Whoever is chosen by Obama's
Transition team will belong to the Washington Consensus.
The 1999 Financial Services Modernization Act
What happened in October 1999 is crucial. In
the wake of lengthy negotiations behind closed doors, in the Wall Street
boardrooms, in which Larry Summers played a central role, the regulatory
restraints on Wall Street’s powerful banking conglomerates were revoked
"with a stroke of the pen".
Larry Summers worked closely with Senator
Phil Gramm (1985-2002),chairman of the Senate Banking committee, who
was the legislative architect of the the Gramm-Leach-Bliley
Financial Services Modernization Act, signed into law on November
12, 1999 (See Group Photo above). (For Complete text click US Congress:
Pub.L. 106-102). As Texas Senator, Phil Gramm was closely associated
with Enron.
In
December 2000 at the very end of the Clinton mandate, Gramm introduced a
second piece of legislation, the so-called Gramm-Lugar Commodity Futures
Modernization Act, which paved the way for the speculative onslaught in
primary commodities including oil and food staples.
"The act, he declared, would ensure that neither the
sec nor the Commodity Futures
Trading Commission (cftc) got
into the business of regulating newfangled financial products called
swaps—and would thus "protect financial institutions from
overregulation" and "position our financial services industries to
be world leaders into the new century." (See David Corn,
Foreclosure Phil, Mother Jones, July August 2008)
Phil Gramm was McCain's first choice for Secretary of the Treasury. Under the FSMA new rules – ratified by the US Senate in October 1999 and
approved by President Clinton – commercial banks, brokerage firms, hedge
funds, institutional investors, pension funds and insurance companies
could freely invest in each others businesses as well as fully integrate
their financial operations.
A "global financial supermarket" had
been created, setting the stage for a massive concentration of
financial power. One of the key figures behind this project was
Secretary of the Treasury Larry Summers, in liaison with David
Rockefeller. Summers described the FSMA as "the legislative foundation
of the financial system of the 21th century". That legislative
foundation is among the main causes of the 2008 financial meltdown.
Financial Disarmament
There can be no meaningful solution to
the crisis, unless there is a major reform in the financial
architecture, implying inter alia the freezing of speculative trade and
the "disarming of financial markets". The project of disarming
financial markets was first proposed by John Maynard Keynes in the 1940s
as a means to the establishment of a multipolar international monetary
system. (See J.M. Keynes, Activities 1940-1944, Shaping the Post-War
World: The Clearing Union, The Collected Writings of John Maynard
Keynes, Royal Economic Society, Macmillan and Cambridge University
Press, Vol. XXV, London 1980, p. 57).
Main Street versus Wall Street
Where are Obama's "Main Street
appointees"? Namely individuals who respond to the interests of people
across America. There are no labor or community leaders on Obama's list
for key positions. The President-elect is appointing the
architects of financial deregulation. Meaningful financial reform cannot be
adopted by officials appointed by Wall Street and who act on behalf of
Wall Street. Those who set the financial system
ablaze in 1999, have been called back to turn out the fire. The proposed "solution" to the crisis
under the "bailout" is the cause of further economic collapse. There are no policy solutions on the
horizon.
The banking conglomerates call the
shots. They decide on the composition of the Obama Cabinet. They also
decide on the agenda of the Washington Financial Summit (November 15,
2008) which is slated to lay the groundwork for the establishment of a
new "global financial architecture."
The Wall Street blueprint has already
been discussed behind closed doors: the hidden agenda is to establish a
unipolar international monetary system, dominated by US financial power,
which in turn would be protected and secured by US military
superiority.
Neoliberalism with a "Human Face"
There is no indication that Obama will
break his ties to his Wall Street sponsors, who largely funded his
election campaign.
Goldman Sachs, J. P. Morgan Chase, Citigroup, Bill Gates' Microsoft are
among his main campaign contributors. Warren Buffett, among the the world's richest individuals, not only
supported Barak Obama's election campaign, he is a member of his
transition team, which plays a key role deciding the composition of
Obama's cabinet.
Unless there is a major upheaval in the system of political appointments
to key positions, an alternative Obama economic agenda geared towards
poverty alleviation and employment creation is highly unlikely.
What we are witnessing is continuity.
Obama provides a "human face" to the status quo. This human face serves
to mislead Americans on the nature of the economic and political
process.
The neoliberal economic reforms remain intact.
The substance of these reforms including the "bailout" of America's
largest financial institutions ultimately destroys the real economy,
while spearheading entire areas of manufacturing and the services
economy into bankruptcy.
World has 100 days to fix crisis: EU leaders
Economic Times
(November 8, 2008) - European Union leaders backed a 100-day
deadline by which the world's leading economies should decide urgent
global finance reforms, French President Nicolas Sarkozy said on
Friday. Sarkozy, who chaired a special meeting of EU nations, said
the financial crisis and economic downturn required a quick deal on
an overhaul at a Nov 15 summit in Washington bringing together
leaders of the world's 20 largest industrialized nations and
emerging economies. "We are in an economic crisis. We have to take
this into account," Sarkozy said. "We have to react and we have no
time to lose." "I'm not going to take part in a summit where there
is just talk for talk's sake," Sarkozy told reporters after talks
between the heads of the EU's 27 nations.
The EU is calling for a second global summit next spring to flesh
out changes to the way the world economy is governed. They want to
see far more supervision of big financial companies and are urging
governments to jointly monitor them. They want to prevent a repeat
of the Wall Street excesses that caused havoc in markets worldwide,
and are bringing emerging economies China, India and Brazil on board
for talks on shaping a new world economic order.
British Prime Minister Gordon Brown said the Washington talks should
be a "decisive moment for the world economy." A text agreed by EU
leaders says they want an early warning system that would watch for
financial bubbles and prevent "world imbalances'', such as the
swelling US trade deficit. They also suggest making the
International Monetary Fund the world's financial watchdog,
suggesting it be given more power to curb financial crises and give
more money to aid countries in trouble.
The Europeans also want to close loopholes that allow some financial
institutions to evade regulation, and ensure supervision for all
major financial players, including ratings agencies or funds
carrying high amounts of debt. The leaders in a declaration called
for greater transparency in markets that would no longer omit "vast
swathes of financial activity from auditable, certifiable accounts."
It also said "excessive risk-taking must be overhauled," a reference
to the sale of high-risk debt securities and executive pay that may
reward risk-taking.
EU leaders will call on the Nov 15 summit to agree immediately on
five principles: submit ratings agencies to more surveillance; align
accounting standards; close loopholes; set banking codes of conduct
to reduce excessive risk-taking; and ask the International Monetary
Fund to suggest ways of calming the turmoil. To date, European
governments alone have committed some 2 trillion euros ($2.6
trillion) in cash injections, bank deposit guarantees, interbank
loan coverage and partial or full nationalization to prop up
consumer and business confidence.
The damage done worldwide is fueling a search for a "new Bretton
Woods", a reference to the post-World War II conference that shaped
the international financial system. In Washington, there is little
desire in the waning days of the Bush administration for a major
overhaul of financial regulations. But the United States and
European nations are no longer the only players. China and Brazil
and India are jumping at the chance to join a major international
effort.
G-20 finance officials nations will meet this weekend in Sao Paulo,
Brazil, to prepare next week's summit. This may pave the way for
emerging economies to play a larger role in global finance talks.
France is suggesting bring them on board as members of the exclusive
world club of G-8 industrialized nations which regularly meets to
discuss the global economy. |
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NewWorldOrder|
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Just out of curiosity I decided
to take a look at exactly when this timeframe would end as of the
date Sarkozy stated it on Friday November 7, 2008. Adding 100 days
brings us to February 15, 2009! Now if you haven't read the
HIStory, Our Future Bible studies yet or seen the chart
this may not be all that interesting so check out the details and
see what you think. Coincidence?
Europe
unveils its vision for global financial reform
EU Observer
(November 7, 2008)
- EU leaders have agreed on a set of principles that should
guide future talks on the reform of the global financial
architecture, urging for more regulation and transparency in the
sector that has delivered the world's biggest economic crisis since
the Great Depression of the 1930s. "No financial institution, no
market segmentation and no jurisdiction must escape proportionate
and adequate regulation or at least oversight," states the document
adopted at an extraordinary summit on Friday (7 November).
The list of desired measures will be presented at the G20 summit of
industrialised and emerging economies on 15 November in Washington.
The measures includes a call for transparency of financial
transactions through revised accounting standards, an early warning
system to tackle risks and a central role for the International
Monetary Fund (IMF) "in a more efficient financial architecture."
"We don't want to move from the total lack of regulation to too much
regulation," said French President Nicolas Sarkozy whose country
currently holds the six-month presidency of the 27-strong Union.
He admitted that the three-hour debate with his EU counterparts was
"pretty intense" but it did amount to a "united message" that they
will send to other world powers next week.
"We will be defending a common position, a vision for restructuring
our financial system," said the French leader.
Both Sweden and Britain reportedly expressed some unease about too
much pro-regulation activism on France's part. German Chancellor
Angela Merkel said that the EU agreed there would be no place for
protectionism in the global talks next week.
The EU's scenario also included a chapter about the need to overhaul
pay policy for company executives. UK Prime Minister Gordon Brown
said that the issue of executive remuneration is "important and
should be linked to long-term performance," although he did not
endorse Belgian plans to limit executive pay-outs to a maximum of 12
months' salary.
"We are not for interventionism, we are for a good performance of
the markets, we are for a social economy of the markets," commented
European Commission President Jose Manuel Barroso.
Great expectations
Mr Sarkozy said that he had spoken to both outgoing US President
George W Bush and his successor, Barack Obama, about next week's
meeting in Washington. The document endorsed by all EU leaders
states that within 100 days of the top-level global talks, measures
to implement the principles desired by Europe should be drawn up.
"It has to be a real historic meeting," said Mr Barroso.
The French leader argued that additional countries, such as Spain
and the Netherlands, should be invited to the G20 meeting, adding
that Paris, which as both a G7 member and current chair of the
six-month rotating EU presidency temporarily has two seats at such
meetings, will offer one of its two places to Madrid.
Meanwhile, Jean-Claude Juncker, Luxembourg's premier and finance
minister as well as president of the Eurogroup, said he requested on
Friday a single seat for the eurozone countries within the
international financial institutions, with non-euro countries
represented separately.
But he admitted that his idea was "too difficult for prime ministers
to cope with", yet maintained confidence that this would happen
eventually, as most of the EU countries, including the UK, will be
part of the eurozone in 10 years.
He said he was "not offended" for not having been invited to the G20
meeting on 15 November - a day he would instead spend "between his
bedsheets." Still, he criticised the fact that the EU has the
tendency to be "over-represented" in the financial institutions,
noting that the European Commission was not a G20 member, but will
still take part in the global talks.
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NewWorldOrder|
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Dollars lining up for 'civilian national security force'?
WorldNet Daily
(November 6, 2008)
- President-elect Barack Obama raised questions during an
election campaign stop in Colorado Springs when he asserted the U.S.
needs a "civilian national security force" that would be as
powerful, strong and well-funded as the Army, Marines, Navy and Air
Force, but few of those questions have been answered.
But now one report is proposing a possible solution for part of the
equation: From where would the money for such an organization come?
Democrats in Congress now are floating the idea of cutting U.S.
military spending by 25 percent, or $150 billion a year, and
according to a report from
blogger Jay Tea, that could be used for the new "security
force." The idea to cut the military, proposed by Rep. Barney Frank,
already is being opposed by Republicans.
Frank, D-Mass., recently told a newspaper the Pentagon will have to
start choosing the cuts from its weapons programs because he wants
to slash more than $150 billion from the estimated $607 billion in
defense spending already approved for fiscal year 2008.
U.S. Rep. Roscoe Bartlett, R-Md., argued America now is fighting
terror worldwide, including active wars in Afghanistan and Iran, and
that has stretched the capabilities of the military already.
He warned cutting funding in such a drastic way would be
irresponsible.
"You know if we don't make the right decisions about the military
nothing else will matter will it? Because if we don't have a free
country then you know what do these other programs matter at all?
That's the number one responsibility," he said.
The blogger, however, saw the plan linked this way: "Representative
Barney Frank, apparently not content with his role in wreaking havoc
on the nation's financial system, has announced that he will push
for a 25 percent cut in defense spending. This could actually work
hand-in-hand with one of Obama's proposals for a 'civilian National
Security Force,' which he said would be as well-funded as the
military. If the defense budget is slashed, then it makes it easier
to fund a new organization at the same level."
On the
FamilySecurityMatters.org website, blogger Peter Gadiel lamented
the lack of information about Obama's plan and its accompanying
implied threat.
"Such an outfit would be worse than useless in any foreign action.
Its only possible use could be for domestic purposes. Since we
already have police forces, and the National Guard what could a
'Domestic National Security Force' possibly be used for? Suppressing
dissent? We simply do not know," he wrote.
It was in a July speech in Colorado Springs that Obama insisted the
U.S. "cannot continue to rely only on our military in order to
achieve the national security objectives we've set."
A video of his comments is here:
Obama spokesmen have declined to return WND calls
requesting an explanation.
Joseph Farah, founder and editor of WND, used
his daily column first to raise the issue and then to elevate it with a
call to all reporters to start asking questions about it. "If we're
going to create some kind of national police force as big, powerful and
well-funded as our combined U.S. military forces, isn't this rather a
big deal?" Farah wrote. "I thought Democrats generally believed the U.S.
spent too much on the military. How is it possible their candidate is
seeking to create some kind of massive but secret national police force
that will be even bigger than the Army, Navy, Marines and Air Force put
together? "Is Obama serious about creating some kind of domestic
security force bigger and more expensive than that? If not, why did he
say it? What did he mean?" Farah wrote.
His call generated intense Internet discussions.
The Blue Collar Muse blog commented, "In 2007,
the U.S. Defense budget was $439 billion. Is Obama serious about
creating some kind of domestic security force bigger and more expensive
than that? The questions are legion and the implications of such an
organization are staggering! What would it do? According to the title,
it's a civilian force so how would it go about discharging 'national
security' issues? What are the Constitutional implications for such a
group? How is this to be paid. … The statement was made in the context
of youth service. Is this an organization for just the youth or are
adults going to participate? How does one get away from the specter of
other such 'youth' organizations from Nazi Germany and the former Soviet
Union when talking about it?"
Obama's Colorado Springs speech was about a "call to service."
WND
also reported Obama's "Universal Voluntary
Public Service" program promoted on his campaign website.
According to an editorial in Investor's Business Daily,
Obama plans to use an existing group called Public Allies as a model for
his national effort. "Big Brother had nothing on the Obamas," said IBD.
"They plan to herd American youth into government-funded re-education
camps where they'll be brainwashed into thinking America is a racist,
oppressive place in need of 'social change.'" | NewWorldOrder|
America|
Obama |
3 'Superbanks'
Now Dominate Industry
MSNBC
(November 6, 2008)
- The financial crisis that has been sweeping the globe has
reshaped nearly every corner of the economy, but no industry has
been altered more radically than banking. Several of the nation's
biggest banks have failed or been absorbed by healthier
institutions, leaving three giant "superbanks" with an unprecedented
concentration of market power: Bank of America, JPMorgan Chase and
Wells Fargo. While that may be good news for emerging giants and the
failing companies they helped rescue, the new oligopoly raises
troubling questions about regulation and competition, analysts and
consumer advocates say.
"Bank fees are going up, up, up, and that’s the danger to consumers
as more of these banks consolidate,” says Sally Greenberg, executive
director of the National Consumer League. “It’s difficult for the
average person to get a bank account that doesn’t involve fees, and
if you get into financial distress you’re cooked, and you’ll be
‘fee-ed’ to death.” According to a recently released banking fee
study from Bankrate.com, ATM surcharges rose 11 percent this year to
an average of $1.97, and the fee for a bounced checks rose 2.5
percent to an average $28.95. "Consumers are going to be victims of
higher and more punitive fees,” Greenberg predicts.
Moreover, many analysts worry about how federal and state
authorities, who were unable to prevent the current financial
industry meltdown, will be able to monitor the new giant banks that
combine a wide range of operations from investment banking to
consumer lending. “Large institutions are impossible to manage
prudently, let alone regulate,” says Amar Bhide, a professor at the
Columbia Business School. In fact, existing federal banking laws say
that no bank can have more than 10 percent of the domestic deposit
market — a threshold recently surpassed by all three superbanks.
When asked whether the government would take any action, a Justice
Department official was noncommittal. “It’s always something we’ve
looked at and will continue to look at," said spokeswoman Gina
Talamona. "It’s something we’ve looked at as part of our general
antitrust review.”
The reason limits on market share were put in place were so banks
didn’t get so big they’d become monopolies that could risk the whole
economy, explains Atul Gupta, finance department chair for Bentley
University in Boston. But now the government appears to be pushing
banks in the direction of more consolidation. The Treasury is
pouring some $250 billion of taxpayer money into healthy financial
institutions, and some of that is being used by stronger banks to
snap up weaker rivals. “The government is convinced that allowing
any of these firms to fail would have catastrophic implications,”
says Gupta. “So the government is saying, ‘This bank is in trouble,
so I want this bank to buy that one.’ And everyone holds their noses
and hopes things work out.”
In the current environment, such rapid consolidation is a “no
brainer," says Gregory F. Udell, Chase Chair of Banking and Finance
at the Indiana University Kelley School of Business. The risk of
creating monopolies, he says, “is a lot less than the risk of having
a lot of zombie institutions out there.” He also points out that
consolidation in the banking sector, though recently at a fever
pitch, is nothing new. Indeed, the number of commercial banks and
savings & loans in the United States has fallen in the past 20 years
to 8,451 as of June, compared to 16,574 in 1988, according to FDIC
data.
Espen Eckbo, finance professor at Dartmouth’s Tuck School of
Business, believes economies of scale will only help the troubled
financial sector. He maintains the banking sector got into trouble
because of out-of-control risk taking — not because banks got too
big. His answer: “We need to educate the boards of these banks that
ultimately are supposed to be a stopgap for these things. They need
to have a bird’s-eye view of the organization and understand if the
left arm is taking on debt while the right arm is taking on debt.
They have to oversee that.” But some analysts are arguing that the
current wave of consolidation could be followed by a move to break
up the biggest banks.
Read full story...
In a recent
congressional hearing, Nobel Prize-winning economist Joseph Stiglitz
said the consolidation of the banking industry is "a very serious
problem." I think it’s part of a general failure to enforce antitrust
laws in the last few years. So one of the things I think is part of your
exit strategy is that we have to think about breaking up some of the big
banks.” Even American Banker, which covers the industry, predicts in a
story titled “Pressure Builds to Corral the Giant Firms” that “the
financial services companies considered ‘too big to fail’ may face a
political backlash next year.”
Another major issue will be how successfully these merged banks will be
able to integrate their operations, from staffing to technology. Even
in the best of circumstances where companies have months to plan for a
merger things can go awry, says Carol M. Beaumier, executive vice
president of global industry programs at Protiviti, a business
consulting and internal audit firm. “The level of due diligence and
planning doesn’t exist,” says Beaumier of the rapid consolidations that
have resulted from the financial meltdown. “We are creating a daunting
task for companies that have to carry out these mergers. It creates
uncertainty among employees (and) customers, and the government will be
looking over its shoulder.”
Good employees at some of these institutions may be lost in the shuffle
because, she says, “You don’t have time to prepare and identify those
key performers.” As they grow, the megabanks could end up shooting
themselves in the foot when it comes to service, says Standard & Poor’s
analyst Stuart Plesser. “When they get really big they may lose some
relationships in the end because there’s certainly some impersonal
banking going on when they get that big,” he says.
The National Consumer League’s Greenberg believes government should move
quickly to keep banking fees down for consumers, just as Congress capped
executive compensation as part of the bailout bill. “The system isn’t
working now, and all this consolidation means less competition,” she
says. “It is incumbent on regulators and Congress to step in and say,
‘Wait a second. You don’t get to impose exorbitant fees.'” “These banks
have to get away from a business plan that’s based on fines and
penalties, she adds, “and get back to providing consumers, farmers and
small businesses credit at a reasonable rate that serves both the lender
and the borrower.”
Until a new administration takes action, consumers and small businesses
can always vote with their feet and use a smaller, community bank. “Many
consumers (are) turning to local banks, saying, 'I’m much more
comfortable having my money with you,’” says Nancy Atkinson, senior
analyst with Aite Group, a research firm that covers the financial
services industry. “And small businesses say, 'I know my local banker,
and I trust that person.’”
Obama and EU
to reinvent global politics, pundit says
EU Observer
(November 6, 2008)
- The Obama administration will play a big role in
"reinventing" the international system, especially on the financial
side, in strong partnership with the EU, US foreign policy expert
David J. Rothkopf said on Wednesday.
A former trade offical in the Clinton administration and a
consultant on foreign affairs and emerging markets, Mr Rothkopf was
talking from Washington during a video-conference organized by the
Brussels branch of the Carnegie Endowment for International Peace,
an international think-tank associated with the US State Department.
"President Obama will play a bigger role in re-inventing the
international system than any other president before in past
decades," Mr Rothkopf argued, with a number of organisations and
treaties badly needing an "update" or to be replaced altogether –
ranging from the stalled Doha round of trade talks known to the
non-proliferation treaty, as well as outdated bodies such as the G7
or the International Monetary Fund that don't include the emerging
economies such as China.
US-EU relations will "clearly" improve, with a second trip to Europe
probably taking place in the first months of his mandate, Mr
Rothkopf said. The tendency of the Democratic Party to be "more
comfortable" with multi-lateralism and listening to its European
partners will also contribute to improving relations, he said. But
there was also a "necessity" for this partnership to improve, Mr
Rothkopf argued. "We can't do things alone, we need partnerships and
burden sharing. I would expect a debate within NATO about a broader
role and sense of burden sharing," he said, mentioning Afghanistan
as an example where European help is needed. "Problems within Europe
are going to have an impact on this as much as US obligations are,
to the extent that the EU is divided on some of the big issues of
the time and on the nature of the common foreign policy and common
defence policy," Mr Rothkopf added.
New global financial regulator and IMF reform
Mr Rothkopf emphasised the need for a global financial regulator –
something the G20 meeting in Washington on 15 November is still
unlikely to agree upon, with the outgoing Bush administration
opposing this idea and the Obama team yet not in charge. But G20
leaders would probably agree to meet again in the first months of
2009, when both the creation of such a body, as well as the reform
of the IMF could take a more concrete shape.
He spoke of a "regulatory renaissance" and of of "fusion
capitalism", by which he means seeing European and Asian visions of
capitalism and how markets are to be regulated take greater
prominance on the international stage, and not just the so-called
Washington Consensus. Yet on the down side, Mr Rothkopf warned
against "blazing new trails on protectionism" that would isolate
economies and only aggravate problems.
In terms of what a global financial regulator would look like, Mr
Rothkopf mentioned the EU as an example of "creating super-national
structures," while also noting the problem of enforcement. "Getting
everybody in a room and agreeing on principles is easy – this is
what we are probably going to get on 15 November – but next year
we'll see whether we'll get institutions that have the ability to
enforce new global standards on the international financial markets.
That's going to be the challenge," he said.
Ron Paul Warns Of Great Shift Toward Global Government Under Obama
Infowars
(November 5, 2008)
- Texas Congressman and 2008 presidential candidate Ron Paul
has warned that the euphoria surrounding the election of Barack
Obama combined with the overwhelming fear of major international
crises could facilitate a cataclysmic shift toward a new world
order.
Appearing live on the Alex Jones show earlier today, the Congressman
spoke of a feeling of dread surrounding the change of guard both in
the White House and on Capitol Hill: "I do feel it but I don't think
it's brand new, I didn't wake up with it, I've had it for a while, I
don't think the election was a surprise, but the rhetoric is getting
pretty strong and they are getting very bold." he commented.
Speaking on the stage management of the election, and calling it a
"huge distraction" from real issues, the Congressman outlined how
both candidates were pre-positioned by the elite interests with the
knowledge that either would satisfactorily serve their agenda: "I
think McCain was obviously a back up candidate in case something
happened where Obama didn't win, they'd have been satisfied with
McCain, but they have been positioning Obama for a long long time."
"This started even before he announced he was running. Anybody who
would have gotten that much favorable coverage for so long, you know
that the plans are laid for him to be the individual that's going to
be taking care of the corporate elite." the Congressman continued.
Paul also warned that Democrats gains within the House and the
Senate make for a particularly worrying situation of absolute power,
similar to that held by the Republican party eight years ago. "Just
as a Republican Congress wouldn't say boo to a Republican Congress,
you know that the Democratic Congress is NEVER going to stand up."
"I think it is very dangerous and the first year is going to be the
most dangerous year." Paul stated. "Just think of Bush's first year,
he also had the 9/11 thing that he could use to scare everybody to
death. And Obama will use the financial crisis, which will get
worse, and there will be more military skirmishes around the world."
Paul asserted. The Congressman also warned that many Republican
representatives may go along with Obama just to win favor with the
electorate and be seen to follow popular opinion.
Commenting on the much touted "International crisis" that luminaries
such as Colin Powell, Joe Biden and Zbigniew Brzezinski have all
guaranteed will occur within weeks of Obama entering the White
House, the Congressman stated that he believes it may be a catalyst
for a shift toward world government: "I think it's going to be an
announcement of a new monetary order, and they'll probably make it
sound very limited, they're not going to say this is world
government, even though it is if you control the world's money and
you control the military, which they do indirectly." "A world
central bank, worldwide regulation and world control of the whole
system, of all the commodities and all the natural resources, what
else can you call it other than world government?"
"Obama wouldn't be there if he didn't toe the line, and when the
meeting starts on November 15th for the new monetary system, this
could be the beginning of the end of what's left of our national
sovereignty." Paul said, also warning that the global media are
already hailing Obama as the world's leader.
With Obama having previously announced that he will shift military
attention to Pakistan, the Congressman also warned that the
president elect will, thanks to the previous administration, have
the necessary precedent to escalate the war on terror: "It's the
philosophy of the Bush doctrine, which was that we have the right to
preemptively strike anybody and then he even expanded that recently
by saying we don't have to invade and conquer, but we have the right
to go in and bomb anybody without their permission, and that's why
we go into Pakistan and Syria, which are acts of war. So they have
the tools to do it and the sentiment and most Americans are
oblivious to what is happening."
Paul also suggested that any escalation could be facilitated by
false flag events such as Gulf of Tonkin style incidents. Urging
listeners not to lose faith in the campaign for liberty and the
quest to restore and the Republic, Ron Paul spoke of reason to look
ahead: "We have to look for sources of optimism... ultimately though
all that happens to us is a result of philosophy and beliefs and
convictions and that is where I think we have made some inroads. We
have drawn attention to the importance of monetary policy, the
importance of the central bank, the importance of how government
causes so much problems, it's just that we're in the minority." Paul
said.
"We have to continue to do what we are doing, you are in the
business of passing on and spreading information, that, to me, is
most crucial, getting more people engaged, more people understanding
what the issues are, nothing else is more important than that. Then
when you see an opportunity we have to turn this into political
action." the Congressman concluded. | NewWorldOrder|
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U.S. Treasury teaches 'Islamic Finance 101'
WorldNet Daily (November
5, 2008)
- The
Treasury Department has announced it will teach "Islamic
finance" to U.S. banking regulatory agencies, Congress and other
parts of the executive branch today in Washington, D.C. – but
critics say it is opening a door to American funding of Islamic
extremism.
'Islamic Finance 101'
According to its announcement,
the "Islamic Finance 101" forum is "designed to help inform the policy
community about Islamic financial services, which are an increasingly
important part of the global financial industry." The Treasury
Department has collaborated with
Harvard University's Islamic Finance Project to coordinate the
event. The department says it expects about 100 people will attend the
seminar. Some speakers include Assistant Secretary of the Treasury Neel
Kashkari, senior adviser to Treasury Secretary Henry Paulson, Jr.;
Harvard Business School professor Samuel Hayes; Mahmoud El-Gamal, chair
of Islamic economics, finance and management at Rice University and
Islamic finance adviser to the Treasury Department; Sarah Bell of the
Federal Reserve Bank of New York; Yusuf Talal DeLorenzo, Shariah adviser
and Islamic scholar; Michael McMillan, chair of the Islamic Legal Forum
at the American Bar Association and professor of Islamic finance; and
Rushdi Siddiqui, global director for the Dow Jones Islamic Market
Indexes and vigorous advocate for Islamic finance.
Islamic finance is a system of banking consistent with the principles of
Shariah, or Islamic law. It is becoming increasingly popular, having
reached $800 billion by mid-2007 and growing at more than 15 percent
each year. Wall Street now features an Islamic mutual fund and an
Islamic index. However, critics claim anti-American terrorists are often
financially supported through U.S. investments – creating a system by
which the nation funds its own enemy.
Aiding the enemy
In his essay, "Financial
Jihad: What Americans Need to Know," Vice President Christopher
Holton of the Center
for Security Policy writes, "America is losing the financial war on
terror because Wall Street is embracing a subversive enemy ideology on
one hand and providing corporate life support to state sponsors of
terrorism on the other hand."
Holton refers to Islamic finance, or "Shariah-Compliant
Finance" as a "modern-day Trojan horse" infiltrating the U.S. He said it
poses a threat to the U.S. because it seeks to legitimize Shariah – a
man-made medieval doctrine that regulates every aspect of life for
Muslims – and could ultimately change American life and laws.
Shariah-compliant finance is becoming a major
movement, because American banks and investors are seeking wealth from
oil profits in the Middle East. Some advocates claim Islamic finance is
socially responsible because it bans investors from funding companies
that sell or promote products such as alcohol, tobacco, pornography,
gambling and even pork.
However, Islamic financial institutions also require all industry
participants to adhere to tenets of Shariah law. According to Nasser
Suleiman's "Corporate Governance in Islamic Banking, "First and
foremost, an Islamic organization must serve God. It must develop a
distinctive corporate culture, the main purpose of which is to create a
collective morality and spirituality which, when combined with the
production of goods and services, sustains growth and the advancement of
the Islamic way of life." Three nations that rule 100 percent by Shariah
law – Iran, Saudi Arabia and Sudan – hold some of the most horrific
human rights records in the world, Holton said. "This strongly suggests
that Americans should strenuously resist anything associated with
Shariah."
Tenets of Shariah
In his essay, "Islamic
Finance or Financing Islamism," Alex Alexiev outlined the following
tenets of Shariah taken from "The Reliance of the Traveler: The Classic
Manual of Sacred Law":
A woman is eligible for only half of the
inheritance of a man
A virgin may be married against her will by her
father or grandfather
A woman may not leave the house without her
husband's permission
A Muslim man may marry four women, including
Christians and Jews; a Muslim woman can only marry a Muslim
Beating an insubordinate wife is permissible
Female sexual mutilation is obligatory
Adultery [or the perception of adultery] is
punished by death by stoning
Offensive, military jihad against non-Muslims is
a religious obligation
Apostasy from Islam is punishable by death
without trial
Lying to infidels in time of jihad is permissible
'Useful idiots'
Alexiev writes that many Islamic financial institutions claim Shariah-Compliant
Finance "derives its Islamic character from the strict observance of the
ostensible Quranic prohibition of lending at interest, the imperative of
almsgiving (zakat), avoidance of excessive uncertainty (gharar) and
certain practices and products considered unlawful (haram) to Muslims …"
However, he said, "[E]ven a casual examination of the reality of Islamic
finance today reveals it to be a bogus concept practiced by deceptive
ploys and disingenuous means by practitioners that are or should be
aware of that, but remain predictably silent."
Shariah finance institutions that have funded militant
Islamism for more than 30 years. Alexiev cites Islamic Development
Bank's hundreds of millions of dollars in contributions to Hamas in
support of suicide bombing. Bank Al-Taqwa and other banks and charities
run by Saudi billionaires have funded al-Qaida activities.
Additionally, Shariah law mandates that Muslims donate
2.5 percent of their annual incomes to charities – including jihadists.
When 400 banks regularly contribute to such charities, potential
financial sums can be virtually limitless.
If Western banks endorse Shariah, they will "end up
becoming what Lenin called useful idiots or worse to the Islamists,"
Alexiev writes. "And it is a very thin line between that and outright
complicity in the Islamist agenda."
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NewWorldOrder|America|
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Dems Target Private Retirement Accounts
Carolina Journal Online (November 4, 2008)
- Democrats in
the U.S. House have been conducting hearings on proposals to
confiscate workers’ personal retirement accounts — including 401(k)s
and IRAs — and convert them to accounts managed by the Social
Security Administration. Triggered by the financial crisis the past
two months, the hearings reportedly were meant to stem losses
incurred by many workers and retirees whose 401(k) and IRA balances
have been shrinking rapidly.
The testimony of Teresa Ghilarducci, professor of economic policy
analysis at the New School for Social Research in New York, in
hearings Oct. 7 drew the most attention and criticism. Testifying
for the House Committee on Education and Labor, Ghilarducci proposed
that the government eliminate tax breaks for 401(k) and similar
retirement accounts, such as IRAs, and confiscate workers’
retirement plan accounts and convert them to universal Guaranteed
Retirement Accounts (GRAs) managed by the Social Security
Administration.
Rep. George Miller, D-Calif., chairman of the House Committee on
Education and Labor, in prepared remarks for the hearing on “The
Impact of the Financial Crisis on Workers’ Retirement Security,”
blamed Wall Street for the financial crisis and said his committee
will “strengthen and protect Americans’ 401(k)s, pensions, and other
retirement plans” and the “Democratic Congress will continue to
conduct this much-needed oversight on behalf of the American
people.”
Currently, 401(k) plans allow Americans to invest pretax money and
their employers match up to a defined percentage, which not only
increases workers’ retirement savings but also reduces their annual
income tax. The balances are fully inheritable, subject to income
tax, meaning workers pass on their wealth to their heirs, unlike
Social Security. Even when they leave an employer and go to one that
doesn’t offer a 401(k) or pension, workers can transfer their
balances to a qualified IRA.
Mandating Equality
Ghilarducci’s plan first appeared in a paper for the Economic Policy
Institute: Agenda for Shared Prosperity on Nov. 20, 2007, in which
she said GRAs will rescue the flawed American retirement income
system (www.sharedprosperity.org/bp204/bp204.pdf).
The current retirement system, Ghilarducci said, “exacerbates income
and wealth inequalities” because tax breaks for voluntary retirement
accounts are “skewed to the wealthy because it is easier for them to
save, and because they receive bigger tax breaks when they do.”
Lauding GRAs as a way to effectively increase retirement savings,
Ghilarducci wrote that savings incentives are unequal for rich and
poor families because tax deferrals “provide a much larger ‘carrot’
to wealthy families than to middle-class families — and none
whatsoever for families too poor to owe taxes.”
GRAs would guarantee a fixed 3 percent annual rate of return,
although later in her article Ghilarducci explained that
participants would not “earn a 3% real return in perpetuity.” In
place of tax breaks workers now receive for contributions and thus a
lower tax rate, workers would receive $600 annually from the
government, inflation-adjusted. For low-income workers whose annual
contributions are less than $600, the government would deposit
whatever amount it would take to equal the minimum $600 for all
participants.
In a radio interview with Kirby Wilbur in Seattle on Oct. 27, 2008,
Ghilarducci explained that her proposal doesn’t eliminate the tax
breaks, rather, “I’m just rearranging the tax breaks that are
available now for 401(k)s and spreading — spreading the wealth.”
All workers would have 5 percent of their annual pay deducted from
their paychecks and deposited to the GRA. They would still be paying
Social Security and Medicare taxes, as would the employers. The GRA
contribution would be shared equally by the worker and the employee.
Employers no longer would be able to write off their contributions.
Any capital gains would be taxable year-on-year.
Analysts point to another disturbing part of the plan. With a GRA,
workers could bequeath only half of their account balances to their
heirs, unlike full balances from existing 401(k) and IRA accounts.
For workers who die after retiring, they could bequeath just their
own contributions plus the interest but minus any benefits received
and minus the employer contributions.
Another justification for Ghilarducci’s plan is to eliminate
investment risk. In her testimony, Ghilarducci said, “humans often
lack the foresight, discipline, and investing skills required to
sustain a savings plan.” She cited the 2004 HSBC global survey on
the Future of Retirement, in which she claimed that “a third of
Americans wanted the government to force them to save more for
retirement.”
What the survey actually reported was that 33 percent of Americans
wanted the government to “enforce additional private savings,” a
vastly different meaning than mandatory government-run savings. Of
the four potential sources of retirement support, which were
government, employer, family, and self, the majority of Americans
said “self” was the most important contributor, followed by
“government.” When broken out by family income, low-income U.S.
households said the “government” was the most important retirement
support, whereas high-income families ranked “government” last and
“self” first (www.hsbc.com/retirement).
On Oct. 22, The Wall Street Journal reported that the
Argentinean government had seized all private pension and retirement
accounts to fund government programs and to address a ballooning
deficit. Fearing an economic collapse, foreign investors quickly
pulled out, forcing the Argentinean stock market to shut down
several times. More than 10 years ago, nationalization of private
savings sent Argentina’s economy into a long-term downward spiral.
Income and Wealth Redistribution
The majority of witness testimony during recent hearings before the
House Committee on Education and Labor showed that congressional
Democrats intend to address income and wealth inequality through
redistribution.
On July 31, 2008, Robert Greenstein, executive director of the
Center on Budget and Policy Priorities, testified before the
subcommittee on workforce protections that “from the standpoint of
equal treatment of people with different incomes, there is a
fundamental flaw” in tax code incentives because they are “provided
in the form of deductions, exemptions, and exclusions rather than in
the form of refundable tax credits.”
Even people who don’t pay taxes should get money from the
government, paid for by higher-income Americans, he said. “There is
no obvious reason why lower-income taxpayers or people who do not
file income taxes should get smaller incentives (or no tax
incentives at all),” Greenstein said.
“Moving to refundable tax credits for promoting socially worthwhile
activities would be an important step toward enhancing progressivity
in the tax code in a way that would improve economic efficiency and
performance at the same time,” Greenstein said, and “reducing
barriers to labor organizing, preserving the real value of the
minimum wage, and the other workforce security concerns . . . would
contribute to an economy with less glaring and sharply widening
inequality.”
When asked whether committee members seriously were considering
Ghilarducci’s proposal for GSAs, Aaron Albright, press secretary for
the Committee on Education and Labor, said Miller and other members
were listening to all ideas.
Miller’s biggest priority has been on legislation aimed at greater
transparency in 401(k)s and other retirement plan administration,
specifically regarding fees, Albright said, and he sent a link to a
Fox News interview of Miller on Oct. 24, 2008, to show that the
congressman had not made a decision.
After repeated questions asked by Neil Cavuto of Fox News, Miller
said he would not be in favor of “killing the 401(k)” or of “killing
the tax advantages for 401(k)s.”
Arguing against liberal prescriptions, William Beach, director of
the Center for Data Analysis at the Heritage Foundation, testified
on Oct. 24 that the “roots of the current crisis are firmly planted
in public policy mistakes” by the Federal Reserve and Congress. He
cautioned Congress against raising taxes, increasing burdensome
regulations, or withdrawing from international product or capital
markets. “Congress can ill afford to repeat the awesome errors of
its predecessor in the early days of the Great Depression,” Beach
said.
Instead, Beach said, Congress could best address the financial
crisis by making the tax reductions of 2001 and 2003 permanent,
stopping dependence on demand-side stimulus, lowering the corporate
profits tax, and reducing or eliminating taxes on capital gains and
dividends.
Testifying before the same committee in early October, Jerry
Bramlett, president and CEO of BenefitStreet, Inc., an independent
401(k) plan administrator, said one of the best ways to ensure
retirement security would be to have the U.S. Department of Labor
develop educational materials for workers so they could make better
investment decisions, not exchange equity investments in retirement
accounts for Treasury bills, as proposed in the GSAs.
Should Sen. Barack Obama win the presidency, congressional Democrats
might have stronger support for their “spreading the wealth” agenda.
On Oct. 27, the American Thinker posted a video of an interview with
Obama on public radio station WBEZ-FM from 2001.
In the interview, Obama said, “The Supreme Court never ventured into
the issues of redistribution of wealth, and of more basic issues
such as political and economic justice in society.” The Constitution
says only what “the states can’t do to you. Says what the Federal
government can’t do to you,” and Obama added that the Warren Court
wasn’t that radical.
Although in 2001 Obama said he was not “optimistic about bringing
major redistributive change through the courts,” as president, he
would likely have the opportunity to appoint one or more Supreme
Court justices.
“The real tragedy of the civil rights movement was, um, because the
civil rights movement became so court focused that I think there was
a tendency to lose track of the political and community organizing
and activities on the ground that are able to put together the
actual coalition of powers through which you bring about
redistributive change,” Obama said. | NewWorldOrder|
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Obama |
French EU
defence plan is not anti-NATO, minister says
EU Observer (November 4, 2008)
- The US is still critical of the EU's common security and
defence policy, a pet project of the bloc's French presidency, but
French interior minister Michelle Alliot-Marie defended the
initiative on Monday as not being aimed against NATO.
Challenged by the deputy chairman of the NATO military committee,
Lt. Gen. Karl Eikenberrry to explain France's view on the
transatlantic link in the enhanced EU security and defence policy,
Ms Alliot-Marie said "there are countries who don't have confidence
in this [transatlantic] dialogue and believe a strong European
security and defence policy is aimed at minimizing NATO, but I
believe the opposite." She stressed that the EU is better adapted to
deal with certain conflicts, while in others "NATO power" is needed.
Both were addressing a 100-odd audience at the "Security and Defence
Days" conference in Brussels on Monday evening.
Mr Eikenberry made acidic remarks about the EU's ability to plan,
deploy and conduct successful missions, stressing that out of the
bloc's 20 missions so far, five were short-term operations in Congo.
"I'm not questioning the value of those missions, they were
successful in the relief of pressing humanitarian problems, but what
is the overarching strategic thinking in the EU with regard to the
Congo?"
He also criticized the EU's "overwhelming preference for soft power"
and lack of deployable troops despite massive spending on defence.
"European security in this century depends on peace and stability
abroad. This is a paradigm shift often stated but still not evident
in terms of policies and strategic choices. The current European
strategy does not articulate clear regional priorities or
comprehensive integrated responses to trans-national threats," he
said.
The NATO deputy chairman nevertheless underlined that in the US
there is openness towards a closer cooperation between his
organisation and the European Union. "President's Sarkozy's notion
of bringing more Europe into NATO is pushing against a door that is
already wide open," he argued.
French defence minister Herve Morin told the Financial Times on
Monday that the mood in Washington had changed, after president
Sarkozy announced that France would become a full member of NATO.
"It took hours of conversation for the Americans to realise that
France wasn't trying to set up a rival operation and that European
defence could actually bolster the capabilities of the transatlantic
alliance as a whole," Mr Morin had told FT.
Mr Morin also criticised British opposition to establishing a
headquarters in Brussels for the EU's common security and defence
policy (ESDP). "I appreciate British pragmatism but we have a
situation where we have numerous headquarters - in Britain, France,
Germany, Italy and now even Greece - and that costs us money," he
said.
More ESDP even without Lisbon Treaty
Meanwhile, German conservative MEP Karl von Wogau, the chairman of
the European Parliament's sub-committee on security and defence
argued at a parliament hearing on Monday, that the failure of
the Lisbon treaty, rejected in the Irish referendum, is no
impediment for building up the ESDP. The treaty would have
allowed more EU power in the field of security and defense, which
still remains a core competence of national governments, the MEP
said. But he referred to the creation in 2004 of the European
Defence Agency (EDA), an EU body aimed at helping the bloc's
governments to co-ordinate and prioritise defence spending, as an
example of how the ESDP can proceed without Lisbon.
Nick Witney, former EDA chief, argued the same line, while praising
France's efforts to re-energize the ESDP. He also stressed the need
for a common headquarters in Brussels, capable of strategic planning
for the EU's different missions.
UK opposes Brussels headquarters
France's push for a common headquarter is being challenged by the UK
argument that the EU can draw on NATO's planning capabilities and
its 17,000-strong European headquarter in Mons, some 70 km south of
Brussels.
This is enshrined in the current EU treaty of Nice, which says that
"when a given crisis gives rise to an EU-led operation making use of
NATO assets and capabilities, the EU and NATO will draw on the
so-called "Berlin Plus arrangements." "These arrangements
cover three main elements that are directly connected to operations
and which can be combined: EU access to NATO planning, NATO European
command options and use of NATO assets and capabilities."
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Summary of remarks by Javier Solana, EU High Representative for the
CFSP, at the Ministerial Meeting of the Barcelona Process: Union for
the Mediterranean
Council of the European Union (November
4, 2008)
- On Tuesday, the plenary session was focussed on the
concrete project areas on which the partners will work in priority:
de-pollution of the Mediterranean, maritime and land highways, civil
protection, alternative energies and the Mediterranean Solar Plan,
higher education and research, the Mediterranean Business
Development Initiative. During the working lunch, the Ministers
discussed regional issues, including the Middle East Peace Process.
The High Representative said: "Today we have made an important step
forward. The world in which we live today is a globalized world in
which we need global solutions for the common challenges we are
facing. The Union for the Mediterranean will contribute to solve
important issues.
The qualitative change we have made today is very important and
significant. We have six good project areas. We have now the
responsibility to work quickly and efficiently. We will be judged on
how we progress on those projects. It is very important to have
adequate mechanisms that allow 43 countries to adopt decisions
swiftly."
FINAL DECLARATION Marseille, 3-4 November 2008
The Paris Summit of the ‘Barcelona Process: Union for the
Mediterranean’ (Paris, 13 July 2008) injected a renewed political
momentum into Euro–Mediterranean relations. In Paris, the Heads of State
and Government agreed to build on and reinforce the successful elements
of the Barcelona Process by upgrading their relations, incorporating
more co-ownership in their multilateral cooperation framework and
delivering concrete benefits for the citizens of the region. This first
Summit marked an important step forward for the Euro-Mediterranean
Partnership while also highlighting the EU and Mediterranean partners’
unwavering commitment and common political will to make the goals of the
Barcelona Declaration – the creation of an area of peace, stability,
security and shared prosperity, as well as full respect of democratic
principles, human rights and fundamental freedoms and promotion of
understanding between cultures and civilizations in the
Euro-Mediterranean region – a reality. It was decided to launch and/or
to reinforce a number of key initiatives: De-pollution of the
Mediterranean, Maritime and Land Highways, Civil Protection, Alternative
Energies: Mediterranean Solar Plan, Higher Education and Research,
Euro-Mediterranean University and the Mediterranean Business Development
Initiative.
Ministers propose that as from Marseille the “Barcelona Process: Union
for the Mediterranean’’ should be called “Union for the Mediterranean”.
Ministers decide that the League of Arab States shall participate in all
meetings at all levels of the Barcelona Process: Union for the
Mediterranean, therefore contributing positively to the objectives of
the process, namely the achievement of peace, prosperity and stability
in the Mediterranean region.
Ministers reaffirm their commitment to achieve a just, comprehensive,
and lasting solution to the Arab-Israeli conflict, consistent with the
terms of reference of the Madrid Conference and its principles,
including land for peace, and based on the relevant U SC resolutions and
the
Road Map. Ministers also stress the importance of the Arab Peace
Initiative and underline their support for efforts to promote progress
on all tracks of the Middle East Peace Process.
Ministers stress that the Barcelona Process: Union for the Mediterranean
is not intended to replace the other initiatives undertaken in the
interests of the peace, stability and development of the region, but
that it will contribute to their success.
Ministers welcome the positive
role played by the EU in the Middle East Peace Process, notably in the
framework of the Quartet. They reaffirm their commitment to support the
ongoing Israeli-Palestinian negotiations in order to conclude a peace
treaty resolving all outsanding issues, including all core issues
without exceptions, as specified in previous agreements. They welcome
the commitment of both parties to engage in vigorous, ongoing and
continous negotiations making every effort to conclude a peace agreement
based on the Annapolis process, as agreed in November 2007. They also
encourage the parties to intensify their efforts on the path of direct
dialogue and negotiation in the fulfilment of the two states solution: a
safe and secure Israel, and a viable, sovereign and democratic
Palestinian State, living side by side in peace and security. Final
status issues have to be agreed upon by the parties. ...
Ministers welcome and support the indirect peace talks between Israel
and Syria under the auspices of Turkey and encourage all efforts
deployed to achieve stability, peace and security in the region.
Ministers welcome the establishment of diplomatic relations between
Syria and Lebanon.
Ministers reiterate their condemnation of terrorism in all its forms and
manifestations, regardless of the perpetrators, and their determination
to eradicate it and to combat its sponsors and reaffirm their commitment
to fully implement the Code of Conduct on Countering Terrorism adopted
in the Barcelona Summit on 28th ovember 2005 in order to enhance the
security of all citizens within a framework that ensures respect for the
rule of law and human rights, particularly through more effective
counterterrorism policies and deeper cooperation to dismantle all
terrorist activities, to protect potential targets and to manage the
consequences of attacks. They also reiterate the complete rejection of
attempts to associate any religion, civilization or culture with
terrorism and confirm their commitment to do their utmost effort with a
view to resolving conflict, ending occupation, confronting oppression,
reducing poverty, promoting human rights and good governance, improving
intercultural understanding and ensuring respect for all religions and
beliefs.
Ministers reaffirm their common aspiration to achieve peace as well as
regional security according to the Barcelona Declaration of 1995, which,
inter alia, promotes regional security by acting in favour of nuclear,
chemical and biological nonproliferation through adherence to and
compliance with a combination of international and regional
non-proliferation regimes and arms control and disarmament agreements
such as NPT, CWC, BWC, CTBT and/or regional arrangements such as
weapons-free zones, including their verification regimes, as well as by
fulfilling in good faith their commitments under arms control,
disarmament and non-proliferation conventions.
The parties shall pursue a mutually and effectively verifiable Middle
East Zone free of weapons of mass destruction, nuclear, chemical and
biological, and their delivery systems. Furthermore the parties will
consider practical steps to prevent the proliferation of nuclear,
chemical and biological weapons as well as excessive accumulation of
conventional arms; refrain from developing military capacity beyond
their legitimate defence requirements, at the same time reaffirming
their resolve to achieve the same degree of security and mutual
confidence with the lowest possible levels of troops and weaponry and
adherence to CCW; promote conditions likely to develop good-neighbourly
relations among themselves and support processes aimed at stability,
security, prosperity and regional and sub-regional cooperation; consider
any confidence and security-building measures that could be taken
between the parties with a view to the creation of an "area of peace and
stability in the Mediterranean", including the long term possibility of
establishing a Euro-Mediterranean pact to that end. more...
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Dividing the Land
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Solana| NewWorldOrder|
1st
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There is much travailing over
the bringing about of "peace and security" in the Middle East and
indeed the whole world is focused on that area as the Bible said
they would be.
Zechariah 12:1-3 A couple of
thoughts regarding this meeting to further support and bring about
the goals of the Barcelona Process. I find it interesting that they
want to rename it and that its headquarters will be in Barcelona.
The mention of Turkey's
involvement in the attempts to foster a relationship between Israel
and Syria brings to mind
Zechariah 14:1-3 and the idea that
the world would be coming against Israel. How is this all connected?
In the midst of this push for peace, what would happen if Israel
reacted to intelligence that Syria was up to something big and they
struck preemptively with great force like that described in
Isaiah 17 on Damascus? We know how
Iran, Russia and other Islamic nations would react, but would
Turkey's involvement in the negotiations between Israel and Syria
and its primarily Muslim population bring it into a counter-attack
with Iran, Russia, Libya and others as the Bible foretells? Sounds
plausible to me and with Europe's push for non-proliferation, if
Israel were to use something big enough to make Damascus "a ruinous
heap," would there not be an animosity against Israel that ran deep,
even if the push for peace continued? It may also be that the
weapons capable of destroying Damascus will not be Israel's, but
rather that Israel finds out they are being stored there and does
something that causes them to go off. I'm honestly guessing on that
I think the world will be temporarily stunned by God's intervention
on the attack on Israel enough that all sides will accept the terms
of peace, including the dividing of Israel. Keep watching!
Mediterranean Union agrees on HQ, Arab-Israeli role
AFP
(November 4, 2008)
- Foreign ministers from the new Mediterranean Union struck a
deal Tuesday for Barcelona to host the forum's headquarters and for
Israel and the Arab League to take part side-by-side. The Union's 43
member states held two days of talks in the port of Marseille to end
a four-month deadlock on the two contentious issues, which
threatened to hamstring the fledgling organisation. French Foreign
Minister Bernard Kouchner and Egyptian Foreign Minister Ahmed Abul
Gheit, whose countries currently co-chair the forum, announced the
breakthrough at a joint news conference in the southern French city.
"It wasn't supposed to work, and yet it did," said Kouchner, adding:
"The essential points were accepted completely and without
reservation by all 43 states" in the Union for the Mediterranean.
Ministers from the Mediterranean's mainly-Arab southern rim agreed
to back the Spanish city of Barcelona's candidacy to host the Union
in exchange for the post of secretary-general going to a southern
member. They also clinched a deal on granting the Arab League a
full-time seat at the forum -- a key demand of Arab members,
strongly opposed by Israel which feared the pan-Arab group would try
to block its involvement. "The Arabic participation will take place
in every meeting with the right to speak at all levels," said Abul
Gheit, although it will have no right to vote. Israel agreed to the
Arab League's role in exchange for one of five deputy
secretary-general posts for an initial three-year period, possibly
renewable. The deputy posts will rotate between three European
members and two southern ones, and will initially be held by the
Palestinian Authority, Greece, Malta and Italy, alongside Israel,
according to the final declaration. The text -- with likely
technical amendments -- still has to be formally ratified however by
the two co-presidents of the Union, French President Nicolas Sarkozy
and his Egyptian counterpart Hosni Mubarak.
Launched at a Paris summit in July, the new union brings together EU
members with states from north Africa, the Balkans, the Arab world
and Israel in a bid to foster cooperation in one of the world's most
volatile regions.
An Israeli diplomat said it agreed to the Arab League "compromise"
on the basis it would be able to play a front-seat role in setting
up the fledgling Union, and hopefully build bridges around the
Mediterranean. But she warned "the Barcelona Process can never
replace direct bilateral negotiations" to resolve Israel's conflicts
with Arab nations. A spokesman for the Arab League also warned that
its participation would not lead to normalisation with Israel,
Egyptian state news agency MENA reported.
EU foreign policy chief Javier Solana said he was "delighted" by the
accord on Barcelona, while EU external relations commissioner Benita
Ferrero-Waldner called it a "logical choice." The Mediterranean
capital of Spain's Catalonia region, Barcelona lent its name to the
13-year-old Barcelona Process, a previous EU regional initiative
that stalled in part over Arab-Israeli disputes. In exchange for
hosting its headquarters, Spain also agreed to drop the tag
"Barcelona Process" from the name of the new forum.
France, which championed the Union, hoped that by basing it on
modest regional projects, such as cleaning up pollution in the
Mediterranean, it would be able to sidestep the trap of regional
disputes. Priorities set out in the declaration include fighting
pollution in the Mediterranean, solar energy, building land and sea
highways and cooperation on higher education and research.
The Marseille accord, clinched after months of tough negotiations,
rescues the forum from the threat of looming deadlock, but it also
amounts to formally recognising tensions over the
Israeli-Palestinian conflict. And the highly-political compromise to
create five deputies to the secretary-general is a far cry from the
slimmed-down, nimble governing structure at first envisaged for the
Union.
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Brussels renews attempt to seize control of telecoms
EurActiv
(October 28, 2008) - The European
Commission has drafted a revised set of rules for the Internet and
telecoms sector to be presented in November. Overruling a European
Parliament vote earlier in September, Brussels is pushing for more
European rather than national control over telecoms.
When EU telecoms ministers gather in Brussels on 27 November for their
only meeting under the French Presidency this semester, they will find a
revised proposal for the bloc's ongoing review of the "regulatory
framework for electronic communications" on the table.
The revised proposal, seen by EurActiv, reintroduces a veto power for
the Commission and establishes a new Office for European Telecoms
Regulators (OETR), which will be heavily controlled by Brussels.
With its new proposal, the EU executive wants to favour the emergence of
new operators and ultimately force cuts in phone tariffs by further
harmonising fragmented European telecoms markets.
On a collision course with Parliament and
European capitals
However, it does so by ignoring a revision of the proposal voted upon by
the Parliament earlier this year, which broadly reflected the views of
national capitals (EurActiv
25/09/08). In a vote on 24 September, MEPs rejected the Commission's
proposed European 'super authority', called EECMA, and replaced it with
a kind of forum for national regulators (renamed BERT, see
background).
But the EU executive is now rejecting those amendments, pushing instead
for the introduction of a new authority, called OETR, which would be run
by an "administrative board" composed of 12 members - half of which
would be appointed by the Commission and the other half by governments.
National authorities would be represented individually on a secondary
board, which would have an advisory role to the governing board.
With its revised proposal, the Commission is in fact broadly
re-introducing its original plan. In the September vote, the Parliament
scrapped the proposed administrative board, leaving all the power
directly with national authorities. But the EU executive says it "cannot
accept the deletion of the administrative board which ensures a
community approach" to regulating the sector, according to the document
obtained by EurActiv.
In addition, the Commission is awarding itself a veto right over
measures adopted by national regulators, contradicting the Parliament.
Indeed, one of the amendments introduced by MEPs last September said
national measures should be checked by the EU executive, with national
authorities ultimately maintaining control over decisions.
"The Commission cannot accept the wording of this element of the
European Parliament proposed amendment, since it would allow (the
Office) to usurp the [its] role as guardian of the Treaty," the EU
executive said in its revised proposal.
In concessions made to Parliament and member states, the Commission
accepted the majority of MEPs' amendments on issues such as functional
separation, electronic data protection, copyrights and network security.
But the changes it reintroduced makes an agreement on the package at the
November Telecoms Council increasingly unlikely.
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Closer global integration needed: Blair
Canada.com
(October 22, 2008) - Any impulse to
retreat from a globalized economic system would be exactly the wrong
response to the current worldwide financial crisis, warns former U.K.
prime minister Tony Blair. Blair - whose successor, Gordon Brown, is
being hailed as the architect of a financial rescue plan largely copied
in the U.S. and other industrial nations - told the Board of Trade of
Metropolitan Montreal that the crisis demonstrates the need for closer
global integration, not less.
Those who would pull back from global trade and financial flows are
taking the wrong lesson from the banking and credit tumult, Blair said,
because globalization is "a fact, not driven by governments, but by
people." The challenge facing governments is to make it work better, he
said. Blair asked a rhetorical question: "Why is it that irresponsible
lending in one area suddenly produces a convulsion in the world
economy?" Because, he answered, all countries are now so closely linked
that it isn't realistic to imagine withdrawing from the risks and
benefits of globalization.
However, unlike some commentators who focus on the need for
internationally co-ordinated regulatory constraints on business, Blair
also pointed to the dangers of too much regulation. There must clearly
be globally synchronized financial regulation "where there is systemic
risk," Blair said, referring to the kinds of risks that can go beyond
one bank or institution to endanger the whole financial system. A recent
example was the collapse of Lehman Bros., a leading U.S. investment
bank, which triggered a collapse in confidence that bank obligations
would be honoured and greatly worsened stresses on financial
institutions. However, Blair insisted that such new regulation must not
be so heavy-handed that it stifles the entrepreneurship that he
described as the heart of any successful economy.
Blair's comments about the financial crisis were part of a broader
perspective on a more closely knit world in which, he warned, no serious
challenge, from climate change to terrorism, can be dealt with
successfully without close international co-operation. Partnered with
the theme of global interdependence was one of power shifting inevitably
toward Asia, leaving the big Western powers with a limited window of
opportunity to help define the nature of a new world order. "Power is
shifting East, and shifting East fast," Blair said.
He noted that in meetings with Chinese leaders during this summer's
Olympic Games, he learned that China is now building more power stations
than have been created in Europe since the Second World War and planning
to open no fewer than 70 new international airports. India will soon be
in a position to achieve similar spectacular growth, he said. The lesson
of this gigantic power shift, Blair said, is that the West can no longer
dominate the world through sheer economic and military strength. Instead
of dictating, it must seek to persuade through the power of universal
values: freedom, democracy and justice. And to be persuasive in
enshrining such values in global institutions, it must be true to them -
working harder, for instance, to solve the problems of disease, hunger
and poverty in the poorest nations.
Brown, who is now the official envoy of the Quartet on the Middle East,
a group including the United Nations, the U.S, the U.K. and Russia,
offered another example from his current work. If there were to be a
solution to the Israeli-Palestinian conflict, he said, this would be the
most powerful influence imaginable in creating healthier relations
between the West and the Islamic world. Brown was speaking at Montreal's
Palais des congres, at an event sponsored by the TD Bank Financial
Group.
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MEPs debate EU response to world crises with French president Sarkozy
European Parliament (October 21, 2008)
- At a debate with MEPs on the EU summit of 15-16 October, EU
President-in-Office Sarkozy said the Russo-Georgian war and the
financial crisis had strengthened the case for a united European
response to major world problems. He rejected any idea that the EU
should backtrack on its climate change commitments because of the
crisis. While the main EP political groups broadly supported him, some
felt the roots of the financial crisis went back a long way and queried
the role of unbridled free markets.
Introducing the debate, the President of Parliament, Hans-Gert Pöttering,
said that in the recent crises, Europe under the leadership of
President Sarkozy had shown its ability to take coordinated, collective
action. Without such action - and without the existence of the euro -
"we would have been in a disastrous situation".
Georgia
The first subject considered by President Sarkozy, speaking on behalf of
the European Council, was the Russo-Georgian war. While regarding the
Russian reaction as "disproportionate", he also stressed it was a
"reaction" to a previous "inappropriate" action. He then described the
peace-making efforts carried out by himself on behalf of the EU. The
Americans had thought "dialogue with the Russians is pointless" but in
his view this was folly, since "Europe does not want another Cold War".
He emphasised "it is Europe that has brought about peace", adding "it
is a long time since Europe has played this sort of role in this kind of
conflict".
World financial crisis: how to prevent a recurrence
Turning next to the world financial situation, Mr Sarkozy said "what was
a serious crisis became a systemic crisis" with the collapse of Lehman
Brothers. Moreover, the solutions now being found - in which Europe
had taken the lead - simply amounted to "crisis management".
A key point was "how can we prevent a recurrence?". He had proposed
to the UN General Assembly the creation of a "new global financial
system" or "new
Bretton Woods". The aim must be to "overhaul capitalism", not
"by questioning the idea of a market economy" but observing certain
principles: no bank working with state money must work with tax havens,
all financial institutions must be subject to financial regulation,
traders' bonus structures must not push them to take undue risks and the
monetary system must be rethought. The USA and the EU had proposed a
series of "summits on global governance", starting in November,
involving first the G8 and then adding the G5, at which, he stressed,
"Europe must speak with one voice".
Elsewhere in his speech, Mr Sarkozy returned to the financial crisis,
saying it was undoubtedly now leading to an economic crisis and this too
would require a "united European response". Among ideas he floated were
measures to ensure that "European companies are not bought up by
non-European capital while their stock exchange values are low" and the
creation of sovereign wealth funds by each EU country. At a later point
in the debate he pointed the finger at hedge funds and questioned the
competence and independence of ratings agencies, pointing out that the
latter were mainly US-based and perhaps Europe needed its own ratings
agencies.
He also believed that "the eurozone cannot continue without clear
economic governance". The European Central Bank must be independent but
must be able to hold discussions with "an economic government" at head
of state/government level.
No backsliding on energy/climate change
Mr Sarkozy's next topic was the future of the EU's energy and climate
package. He rejected any idea "that the world should do less to combat
climate change because of the financial crisis", saying "Europe must set
an example" to the world. He recognised the difficulty some European
countries were facing, especially those that are 95% dependent on coal,
but some flexible solution must be found. Referring to the 20/20/20
targets, he described "respect for the climate change objectives" and
"respect for the timetable" as essential.
Turning to the EU Immigration Pact, the French president said this was
"a great example of European democracy" as, despite initial differences,
the EU had agreed on a joint policy.
Lisbon Treaty
Lastly, the president argued that the recent crises with Georgia and
the financial markets showed that "it would be a major mistake not to
proceed with institutional reform" since Europe often needs "a powerful,
rapid and united response", something which was difficult, for
example, with the EU's six-month rotating presidency. The French
presidency was thus looking to a roadmap to find a solution by December
to the question of Irish ratification of the Lisbon Treaty.
Concluding, he said "the world needs a Europe that speaks with a strong
voice" and expressed appreciation to the EP for its "solidarity" in
helping to create this sense of unity.
Commission President Barroso
President of the European Commission José Manuel Barroso said Mr
Sarkozy's handling of the crisis had shown him as "dynamic as only he
can be" and welcomed the fact that Europe was now working hand in hand
with the US. He said "the EU should mould a global response with it
values and interests".
He outlined a number of practical steps. He said the Commission would be
looking at executive pay and derivatives. The feasibility of pan-Europe
financial regulation would also be under review. He also signalled his
forthcoming visit to China for talks saying: "The goal should be to
devise a system of global financial governance adapted to the challenges
of the 21st century – in terms of efficiency, transparency and
representation."
Turning to the so called "real economy" he said that Europe faced a
"serious economic slowdown" with jobs, incomes and order books affected.
He went on to say: "There is no national road out of this crisis...we
will swim or sink together. We must not give in to siren calls for
protection. We must not turn our backs on globalisation or put our
single market at risk."
He said that "European citizens need support - especially the
vulnerable". To deal with the slowdown he called for "smart support"
that would hit two targets at once. For example: "Helping the
construction industry...but doing this by promoting an energy-efficient
housing stock....Helping key industries like cars...but preparing them
for tomorrow's markets of clean cars."
He told MEPs that there is "no national route out of this crisis" and
that in Europe "we swim or sink together". He said that: "Europe shows
its true colours in a crisis - in Georgia we stopped a war whilst with
the financial crisis we are dealing with it."
He went on to say that: "There is no magic bullet to turn around the EU
economy. What we have to do is take every option, explore every
potential way in which EU policy can help Member States to seize every
opportunity to put Europe on the road to growth. That is our task in the
coming weeks. And it is a task I want to tackle together with the
European Parliament." He finished by saying that it was: "The kind of
occasion where the crisis calls into question old certainties and minds
are more open to change."
Later, speaking after the main group speakers Mr Barroso said that
analysis compiled by the Commission showed the crisis was triggered "by
sectors that were not regulated in US". On climate change he said that
with the financial crisis it would be "dramatically bad" if the EU
backtracked on the 20/20/20 emission formula agreed last. He said that
"the world - not just Europeans, are looking to us".
Read full story...
Political group speakers
For the EPP-ED group, Joseph DAUL (FR) believed that Europe working
together had twice over the summer helped show the way through major
crises: Georgia and the financial markets. President Sarkozy had worked
tirelessly and shown the value of the EU Presidency and the role for
Europe on the world stage.
Parliament had already done key work on the financial situation with
recommendations on regulation and surveillance, reform and an end to
golden parachutes. He said "It is in economic crises that we develop
rules for the future. Free markets have to be accompanied by rules and
regulations If they existed previously they were not properly applied"
Mr Daul did not want to see the efforts of the little people in Europe
wiped out. SMEs need support and we need to guarantee the social market
and solidarity. He asked for all to ratify the Lisbon Treaty as soon as
possible so that Europe could run more smoothly. He concluded that ahead
we face many major issues together: climate, energy, defence. For the
sake of future generations he stressed that we need to work on the basis
of a Social Market economy model to solve them.
For the Socialist group, Martin SCHULZ (DE) was impressed by the recent
resolute action of both President Sarkozy and Barroso. However, he felt
we need to make full use of the current crisis to make sure we never
again suffer such a disaster in the financial markets which has
triggered a disaster in the real economy. We need new rules by the end
of the year for banks, private equity.
Mr Schulz noted that in this debate Messrs Sarkozy, Daul, Barroso all
spoke the language of true European Social Democracy." I am glad you
have finally arrived, however late" he said. Mr Schulz was concerned
about the situation of the ordinary citizen, the taxpayer, the small
business in this crisis. We need to boost purchasing power to revive the
Single Market and we need to cover the risks for the ordinary citizen
not just the big fish.
He was delighted everyone was now singing from the same hymn sheet of
social democracy but warned this was the time also to remember the
long-term issue of climate change which would remain after the credit
crunch had subsided. We should all be working towards sustainability.
Finally, in this crisis he emphasised that we must not forget rights and
keep the question of fundamental values on the agenda.
Thank you for these warm and encouraging words about working hand in
hand", said Graham Watson (UK), for the ALDE group, "but why do the
Council conclusions refer only to the Commission and the Council? Why,
for example, under climate change, is there no reference to the
Parliament?" "You will need the EP", he predicted, pointing to some
Member States' behind-the-scenes attempts to "unpick" agreements on CO2
emission targets for new cars (2012) and emission sharing (2013).
"Since the Berlin wall fell, 50 million people have been lifted out of
poverty, but today we are seeing what happens when markets lack
transparency", said Mr Watson, welcoming the fact that co-ordinated
measures had alleviated the immediate pressures. He stressed that the EU
must play a leading role in applying such remedies internationally -
working with the US if possible, and without it if necessary.
Mr Watson nonetheless regretted that the summit had failed to produce
plans for an effective supervisory regime, such as a European financial
services authority. "Supervision is still the missing piece of the
jigsaw", he said. Finally, Mr Watson acknowledged that Mr Sarkozy's role
as a "man of action" in managing the crises underlined the EU's need for
a permanent President.
"Energy and willpower are required in politics, and are good for
Europe", agreed Daniel Cohn-Bendit (Greens/EFA, DE), for his group. He
stressed that all the crises - financial, environmental and hunger
worldwide - are interdependent, and must be tackled together.
"These crises did not start in July or August, but years ago", he said
in a reference to Mr Sarkozy's speech. "It was calls for unbridled
growth and the rejection of financial market regulation a year ago that
led us into these crises", he said, urging Europe's leaders to be "more
self-critical". What Europe needs is a "social and environmental
market", which entails "rethinking the way we manufacture, and the way
we live".
"The German car industry already has money in tax havens, and does not
need more", said Mr Cohn-Bendit, in a reference to car industry "climate
change waivers" (which, he said, had been backed by both right and left
wingers). He urged Mr Sarkozy to press for tax havens to be obliged to
declare the country of origin of these funds. Finally, subjecting
climate change proposals to unanimity in the Council "will put you at
the mercy of countries that are backsliders" in December, he warned Mr
Sarkozy.
For the UEN group, Cristiana MUSCARDINI (IT) said she agreed 100% with
the statements and proposals made by French President Nicholas Sarkozy
and thanked the Council for the immigration pact and the asylum pact,
"common sectors which are important to us all". However, she called on
certain "Commissioners, including competition Commissioners "to do the
right thing". The statement on heating oil has not reassured the
markets. "We need more on financial derivatives, which have laid low
some European States.
Mrs Muscardini said a united, if not equal, Europe, would help to
pinpoint strategies to solve the crisis, which she called "systemic" and
"in order to combat a systemic crisis we need a new system". She called
on Nicholas Sarkozy to recast global capitalism and maybe even go
further to make sure that "market freedom is not untrammelled
liberalism". She added that the European Central Bank "could have done
more" to help banks that have and are "failing".
Francis WURTZ (FR), on behalf of the GUE/NGL group, warned that the
"worst is still to come" of this "multidimensional crisis of such scale
and seriousness". The dimensions may be "unfathomable", but the crisis
still needs to be debated. The "shock" of this crisis is being felt
everywhere and "we have a drop in public expenditure and plans for
privatising public services are ahead," he said.
Mr Wurtz continued "We need to be held accountable to our citizens",
adding that this cannot be avoided, by introducing regulation or "doing
away with golden handshakes". He pointed to the fact that 2% of monetary
transactions were for services and production, while the remaining 98%
went on finance. "We must attack the roots of this evil" and we need a
"new Bretton Woods".
According to Nigel FARAGE (UK) of the Independence and Democracy group,
when President Sarkozy went to Georgia he was "not acting for the EU" as
"there had been no meeting". "You did it as the President of France". As
regards the financial crisis, "I'm glad the Irish and the Greeks did
their own thing", he said, before adding "I haven't heard anyone say
that this crisis is a failure of regulation. We haven't had a lack of
regulation, we have a blizzard of regulation and this has not protected
a single investor. We need to rethink what we have been doing. We need
to act in our national interest. The Swiss can and they have the
adaptability, to weather the financial crisis better than EU states"
The speaker from the non-aligned MEPs, Bruno GOLLNISCH (FR), said "We
are looking at part of things here but we are quiet on the causes. No
one saw this coming …. apart from a few economists and Jean Marie Le
Pen's voice crying in the wilderness." In his view, "We need unfettered
freeing up and decoupling of the financial side of things and the real
economy, which is now declining." Turning to foreign affairs, he said
"You don't see that Kosovo's unilateral declaration of independence
paved the way to South Ossetia." His final comment was "You have to have
a radical break with the global system and the movement of goods has to
be rethought."
British and Irish speakers
Linda McAVAN (PES, UK) said it was not time to abandon climate change
ambitions, adding that the socialists want "a credible agreement that
balances environment, jobs and competitiveness" by Christmas and in time
for international talks. "Let's have the political courage," she said.
Avril DOYLE (EPP-ED, IE) said that Europe's leaders had "committed
themselves to reducing greenhouse gases by 20%". Now, in order to secure
an agreement at Copenhagen "we will have to make a clear and unambiguous
statement", she added. "There should be no delay and we cannot pay the
higher price in the future" or, as President Sarkozy said, we will miss
our date with history.
Giles CHICHESTER (EPP-ED, UK) told the House "It would not be far
fetched to liken the crisis to a hurricane. Once the wind abates there
is an illusion of calm but the devastation takes years to clear up." He
continued "Tackling change is a long-term matter and there is no silver
bullet". Moreover, "Over-regulation could precipitate something much
worse, a re-run of the 1930's slump". "Let us not kill off the goose
that lays the golden egg", he concluded.
John BOWIS (EPP-ED, UK) agreed with President Sarkozy that the climate
change package "is so important that we cannot simply lose it under the
pretext of a financial crisis". However, he went on "we will need
reassurances for the countries which have real problems, as Poland does
with coal" and "we must also be very clear that our support for biofuels
in transport is dependent on the development of fuels from sustainable
sources".
"Obama.... plans to double the Peace Corps' budget by
2011 and expand AmeriCorps, USA Freedom Corps, VISTA, YouthBuild
Program, and the Senior Corps. ...he proposes to form a Classroom Corps,
Health Corps, Clean Energy Corps, Veterans Corps,
Homeland
Security Corps, Global Energy Corps, and a Green Jobs Corps."[1]Obama's Civilian National Security Force
"[A community] organizer... does not have a fixed
truth -- truth to him is relative and changing. ... To the extent that
he is free from the shackles of dogma, he can respond to the realities
of the widely different situations...."[2]Rules for
Radicals by Saul Alinsky, the Marxist "organizer" whose disciples
mentored Obama
“Jesus said... 'If you abide in My word, you are My
disciples indeed. And you shall know the truth, and the truth shall make
you free.'” John 8:31-32
"I was shocked," wrote one of our visitors, "when I
read your first article on
Obama's
service programs. "Why is this getting a free ride in the press?" The simple answer is that Obama's revolutionary values
match those of the
mainstream media and the
power
brokers behind it. [3] Contrary voices are
ignored or ridiculed. Perceptions are swayed by suggestions and exciting
images, while facts become increasingly irrelevant. And as discernment
drowns in this postmodern muddle, illusion reigns -- and few even care!
Without facts we'll lose our freedom! A sobering 1970
prediction by
Professor Raymond Houghton, a spokesman for "progressive education,"
may soon be reality:
"...absolute behavior control is imminent.... The
critical point of behavior control, in effect, is sneaking up on mankind
without his self-conscious realization that a crisis is at hand. Man
will... never self-consciously know that it has happened."[4]
STEPPING STONES TO RADICAL CHANGE
At the dawn of
Stalin's deadly reign
in the 1930s -- when
Communist leader Antonio Gramsci was writing his cunning formula for
transforming the West[5] -- numerous European
Marxist were searching for effective strategies for mass control. As
Hitler rose to power, some fled to America where they fine-tuned their
tactics at "progressive" institutions like Columbia University. Welcomed
by "progressive"
educators, they found plenty of opportunity to test and teach their
theories. Others merely exported their research to fellow
revolutionaries in America. Their names --
Adorno,
Marcuse,
Lukács and
Lewin -- don't ring many bells today, but no one can escape their
impact on our nation.[6]
Their radical schemes fit right into the
dialectic process. Like
Saul
Alinsky, their followers would "unfreeze"
minds from uncompromising Truth, fill them with a passion for
collectivism, "and refreeze" them with the new ideology. Before long,
the mind-changing tactics that transformed the Soviet masses became the
centerpiece of "service
learning" in American schools and communities.
Remember, the primary goal behind such group service
is "service learning," NOT compassion for the poor. The latter is mainly
a feel-good incentive for group participation in a
communal
purpose, vision, activity and transformation.
This scheme matches the old
Nazi
model. Young Germans from age 10 to 19 had to serve in the Hitler
Youth program. And, as Hitler affirmed back in 1933, 'the whole of
National Socialism [Nazism] is based on Marxism."[7]
His brainwashed servants, who became anything but compassionate, just
copied the Communist strategies:
"The purpose of labor service was partly practical --
to... provide a source of cheap labor -- but mainly ideological. It was
part of the cult of community current in the youth movement now
manipulated by the Nazis for their own end."[8]
But shouldn't we gladly and willingly serve the needy
and each other? Yes, of course! But not in ways that prompt us to twist,
compromise or hide His Word under the banner of unity or charity.
LOVING THEIR SERVITUDE
"Belongingness" is the "ultimate need of the
individual," wrote William Whyte, co-author of The Organization Man. His
benchmark book -- a bestseller back in the sixties -- describes group
thinkers who would gladly trade their home-taught convictions for the
warm fuzzies of "belongingess."
According to Whyte, "man exists as a unit of society,"
and "only as he collaborates with others does he become worth while."[9]
That sad assumption provided a useful "crisis"
that spurred vast numbers of transformational "leadership
training" conferences everywhere. As Whyte said,
"What is needed is an administrative elite, people
trained to recognize that what man really wants most is group solidarity
even if he does not realize it himself. ... They won't push him around;
they won't even argue with him... They will adjust him. Through the
scientific application of human relations, these... technicians will
guide him into satisfying solidarity with the group so skillfully and
unobtrusively that he will scarcely realize how the benefaction has been
accomplished."[9]
Two decades earlier, Aldous Huxley had shared his
concern about such "belongingness." Knowing the manipulative tactics
behind collectivism, he wrote in Brave New World,
"The most important Manhattan Projects of the future
will be vast government-sponsored enquiries into what the politicians
and the participating scientists will call 'the problem of happiness' —
in other words, the problem of making people love their servitude....
"The love of servitude cannot be established except as
the result of a deep, personal revolution in human minds and bodies. To
bring about that revolution we require... First, a greatly improved
technique of
suggestion.... Second, a fully developed science of
human
differences.... (Round
pegs in square holes tend to have dangerous thoughts about the
social system and to infect others with their discontents.)"[10]
Today's
leadership
training and
continual
assessments help our managers assess and track "human resources"
everywhere -- even in churches. Those assessments of "human differences"
help facilitators create the conflicts and stir tension needed for
change. As Saul Alinsky wrote,
"...the organizer is constantly creating new out of
the old. He knows that all new ideas arise from conflict [tension]; that
every time man has had a new idea it has been a challenge to the sacred
ideas of the past and the present and inevitably a conflict has raged."[11]
Alinsky taught his "organizers" (or facilitators) to
lead "with a free and open mind
void of certainty, hating dogma."[11] Do those words sound familiar? They would if you've
read our excerpts from
UNESCO: Its purpose and Its Philosophy by Julian Huxley (Aldous'
brother). As head of this powerful UN agency, he wrote,
"The task before UNESCO... is to help the emergence of
a single world culture.... [At] the moment, two opposing philosophies of
life confront each other.... individualism versus collectivism...
capitalism versus communism... Christianity versus Marxism. Can these
opposites be reconciled, this antithesis be resolved in a higher
synthesis? ... If we are to achieve progress, we must learn to
uncrystallize our dogmas."[12]
That's the aim of the dialectic process: to "uncrystalize
our dogmas." Its success is evident in today's
post-modern
generation that rejects the very notion of
truth and
certainty. Though he claims to be Christian, Obama fits this
picture. During a 2004 interview with Chicago Sun-Times religion editor
Cathleen Falsani for her book, The God Factor, Obama said,
"I’m rooted in the Christian tradition. I believe
there are many paths to the same place,
[emphasis mine see ] and that is a belief that there
is a higher power, a belief that we are connected as a people.'"[13]
This is the new pluralism! Unity over Truth! Any path
is okay -- unless it clashes with the
ground
rules for the dialectic process -- the foundation for Obama's
expansive service plan. His website gives us a glimpse of that plan:
Obama will expand AmeriCorps from 75,000 slots today
to 250,000.... He will establish a Classroom Corps to help teachers and
students.... and a Homeland Security Corps to help communities plan,
prepare for and respond to emergencies. ...
Obama will double the Peace Corps to 16,000 by 2011.
He will work with the leaders of other countries to build an
international network of overseas volunteers so that Americans work
side-by-side with volunteers from other countries. ...
Obama will set a goal that all middle and high school
students do 50 hours of community service a year. He will develop
national guidelines for service- learning and will give schools better
tools both to develop programs and to document student experience."[14]Read full story...
"...the roots of NYS as a global idea go back... to
1912, when Eugen Rosenstock-Huessy of Germany called for a Planetary
Service.... They go back to about 1919, when Pierre Ceresole of
Switzerland created Service Civil International. They go back to 1933,
when President Roosevelt of the United States established the Civilian
Conservation Corps.
"They go back to 1949 when Mao Zedong of China issued
his twin mottoes of "serve the people" and "learn through practice" [praxis].
These mottoes have formed the basis for huge amounts of youth service in
the decades since 1949...."[15]
UNESCO was a major participant
in that Youth Service conference, which worked with over "140 member
organizations."[16] The United States was
represented by key leaders in social and corporate development --
including the Rite of Passage Project and the Ford Foundation which has
been funding "progressive" world programs for decades.[17]
Few have been more zealous for interfaith education
and global service than former UN Under-Secretary Robert Muller. In 1989
UNESCO honored him with its Peace Education Prize, and his acceptance
speech touted cosmic world education. That's not surprising, since his
beliefs are largely based on books penned by
Theosophist Alice Bailey, who received them from her "spirit guide."
[More
on Alice Bailey and the mystery of iniquity]
Her message is now everywhere -- not because people
read her books, but because her occult cosmology is promoted by Oprah
Winfrey and communicated through a variety of popular New Age and "New
Spirituality" books. They include
A New Earth
by Eckhart Tolle,
The Secret
by Rhonda Byrne, and
A Course in
Miracles received from a "spirit guide" called "Jesus."[18] In Education for a New Age, Bailey's spirit guide
summarized the basic principle behind "service learning:"
"...self-consciousness must be unfolded until man
recognizes that his consciousness is a corporate part of a greater
whole.... Love of self (self-consciousness), love of those around us
(group consciousness), become eventually love to the whole (God
consciousness)."[19]
The notion that "self-love" leads to a universal "God
consciousness" is a demonic lie! So it's not surprising that Alice
Bailey's books were published by Lucis [initially Lucifer] Publishing
Company. Saul Alinsky drew inspiration from the same occult
source. Like
Alice Bailey, he called for rebellion against the God we love:
“Lest we forget... the first radical known to man who
rebelled against the establishment and did it so effectively that he at
least won his own kingdom — LUCIFER! ”
[2]
THE RAGING BATTLE
The actual answer to the initial question is found in
the Bible. It tells us that "the whole world is under the sway of the
evil one" (1 John 1:19), and he uses every possible agency to win his
battle against Truth. In fact,
his servants
are driving the transformation in every arena.[20]
This is spiritual war! Unthinkable lies are now accepted by blinded
masses who have forgotten the foundations of our freedom! Dialectic
groups (led by trained facilitators) -- no matter how nice or
"Christian" they sound -- are prompting people to shift their trust from
God to the group. In that context, even the Bible is conformed to the
group's changing visions.
In contrast, our sovereign God calls each of us to take a stand, resist
compromise, and follow His unchanging Truth. Those who choose His way
will walk together with Him. He will strengthen us for the battle and
enable us to stand firm on the solid rock of His Word -- no matter how
fierce the battle.
Ephesians 6:10-17
Put on the whole armor of God, that you may be able
to stand against the wiles of the devil. For we do not wrestle against
flesh and blood, but against principalities, against powers, against the
rulers of the darkness of this age, against spiritual hosts of
wickedness in the heavenly places.... Stand therefore...praying
always...
Thanks for the story JB, and he
brings to light the connection of Obama with the
Alliance of Civilizations. To find out some more on the AoC,
please check out
Richard
Peterson's blog. To read the story from Obama's website in
context to what the AoC stands for, read:
An Alliance of Civilizations Could Make Friends for Obama's
America Official
Obama Website (February 1,
2008) - "As an American residing in Spain,
the Alliance of Civilizations (AoC), a United Nations
initiative underway since 2004, sounds as tailor-made for Barack
Obama as those trendy gray suits he wears. US participation
in the Alliance or in some other similar peace initiative, led
by an Obama Administration, could result in peace and
understanding winning out over war and extremism."
Keep in mind that "extremism"
to the AoC is defined as claiming sole ownership to the Truth,
something the Bible does, and so anyone who associates themselves to
absolutely becomes an "extremist."
John 14:6 Jesus saith unto him, I am the way, the truth, and the life:
no
man cometh unto the Father, but by me.
Revelation 13:1-9
And I stood upon the sand of the sea, and saw a beast rise up
out of the sea, having seven heads and ten horns, and upon his
horns ten crowns, and upon his heads the name of blasphemy. And
the beast which I saw was like unto a leopard, and his feet were
as the feet of a bear, and his mouth as the mouth of a lion: and
the dragon gave him his power, and his seat, and great
authority. And I saw one of his heads as it were wounded to
death; and his deadly wound was healed: and all the world
wondered after the beast. And they worshipped the dragon which
gave power unto the beast: and they worshipped the beast,
saying, Who is like unto the beast? who is able to make war with
him? And there was given unto him a mouth speaking great things
and blasphemies; and power was given unto him to continue forty
and two months. And he opened his mouth in blasphemy against
God, to blaspheme his name, and his tabernacle, and them that
dwell in heaven. And it was given unto him to make war with
the saints, and to overcome them: and power was given him over
all kindreds, and tongues, and nations. And all that dwell upon
the earth shall worship him, whose names are not written in the
book of life of the Lamb slain from the foundation of the world.
If any man have an ear, let him hear.
For more on the beast from the
sea with the seven heads and 10 horns, examine
this chart and read about
Daniel's prophesied fourth kingdom. Rome has been reborn as
prophesied and now is coming to power as described with
a seven-year confirmed covenant with many, including Israel, and
is led by
one man who has been given the power to speak for Europe with one
voice. And Obama is very aligned with the policies coming from
Europe. Is McCain any
better? While not as vocal, he is a member of the CFR and also
has globalist leanings. So from where I stand today it appears that
either way the globalists will get what they want, but it also
appears that Obama has captured the minds of much of the nation and
the globalists and the rest of the world couldn't be happier. I'm
glad my hope is not in this world or I might fall apart with it,
where is yours? Are you watching?
Biden to Supporters: "Gird Your Loins", For the Next President "It's
Like Cleaning Augean Stables"
ABC News Political Radar Blog
(October 20, 2008) - ABC News' Matthew Jaffe
Reports: Sen. Joe Biden, D-Del., on Sunday guaranteed that if
elected, Sen. Barack Obama., D-Ill., will be tested by an
international crisis within his first six months in power and he
will need supporters to stand by him as he makes tough, and possibly
unpopular, decisions. "Mark my words," the Democratic vice
presidential nominee warned at the second of his two Seattle
fundraisers Sunday. "It will not be six months before the world
tests Barack Obama like they did John Kennedy. The world is looking.
We're about to elect a brilliant 47-year-old senator president of
the United States of America. Remember I said it standing here if
you don't remember anything else I said. Watch, we're gonna have an
international crisis, a generated crisis, to test the mettle of this
guy."
"I can give you at least four or five scenarios from where it might
originate," Biden said to Emerald City supporters, mentioning the
Middle East and Russia as possibilities. "And he's gonna need help.
And the kind of help he's gonna need is, he's gonna need you - not
financially to help him - we're gonna need you to use your
influence, your influence within the community, to stand with him.
Because it's not gonna be apparent initially, it's not gonna be
apparent that we're right."
Not only will the next administration have to deal with foreign
affairs issues, Biden warned, but also with the current economic
crisis. "Gird your loins," Biden told the crowd. "We're gonna win
with your help, God willing, we're gonna win, but this is not gonna
be an easy ride. This president, the next president, is gonna be
left with the most significant task. It's like cleaning the Augean
stables, man. This is more than just, this is more than – think
about it, literally, think about it – this is more than just a
capital crisis, this is more than just markets. This is a systemic
problem we have with this economy."
The Delaware lawmaker managed to rake in an estimated $1 million
total from his two money hauls at the downtown Sheraton, the same
hotel where four years ago Sen. John Kerry, D-Mass., clinched the
Democratic nomination. Despite warning about the difficulties the
next administration will face, Biden said the Democratic ticket is
equipped to meet the challenges head on. "I've forgotten more about
foreign policy than most of my colleagues know, so I'm not being
falsely humble with you. I think I can be value added, but this guy
has it," the Senate Foreign Relations chairman said of Obama. "This
guy has it. But he's gonna need your help. Because I promise you,
you all are gonna be sitting here a year from now going, 'Oh my God,
why are they there in the polls? Why is the polling so down? Why is
this thing so tough?' We're gonna have to make some incredibly tough
decisions in the first two years. So I'm asking you now, I'm asking
you now, be prepared to stick with us. Remember the faith you had at
this point because you're going to have to reinforce us."
"There are gonna be a lot of you who want to go, 'Whoa, wait a
minute, yo, whoa, whoa, I don't know about that decision'," Biden
continued. "Because if you think the decision is sound when they're
made, which I believe you will when they're made, they're not likely
to be as popular as they are sound. Because if they're popular,
they're probably not sound."
Biden emphasized that the mountainous Afghanistan-Pakistan border is
of particular concern, with Osama bin Laden "alive and well" and
Pakistan "bristling with nuclear weapons." "You literally can see
what these kids are up against, our kids in that region," Biden said
in recalling when his helicopter was forced down due to a snowstorm
there. "The place is crawling with al Qaeda. And it's real." "We do
not have the military capacity, nor have we ever, quite frankly, in
the last 20 years, to dictate outcomes," he cautioned. "It's so much
more important than that. It's so much more complicated than that.
And Barack gets it."
After speaking for just over a quarter of an hour, Biden noticed the
media presence in the back of the small ballroom. "I probably
shouldn't have said all this because it dawned on me that the press
is here," he joked. "All kidding aside, these guys have left us in a
God-awful place," he then said of the Bush regime, promptly wrapping
up his remarks. "We have the ability to straighten it out. It's
gonna take a little bit of time, so I ask you to stay with us. Stay
with us." | NewWorldOrder|
America|
Economic Crisis
|
Please listen to Glenn Beck's
commentary on this story and the possible implications in the audio
files
here. I think this could be what Glenn pondered on his show and
possibly related to Middle East tensions that I think may be
starting in the near future. Glenn touches on some other significant
topics as well in the audio clip such as the October money printing
spree.
Bush backs EU
plan on global financial reform
EU Observer
(October 20, 2008) - US President George W. Bush
has backed the European idea of a series of global talks on reform of
the world's financial system, with the first summit set to be held
shortly after the US presidential elections in November.
The outgoing American leader agreed there needs to be further co-ordinated
effort to tackle the "challenges facing the global economy" after a
three-hour meeting at Camp David on Saturday (18 October) with French
President Nicolas Sarkozy, whose country currently chairs the 27-strong
EU, and with European Commission President Jose Manuel Barroso. The
three politicians said they would approach other world powers - both
from the richest nations and the newly emerging economies such as China
and India - and try to reach "agreement on principles of reform needed
to avoid a repetition and assure global prosperity in the future."
Later summits will be "designed to implement agreement on specific steps
to be taken to meet those principles," the trio said in a joint
statement. The top-level talks are due to tackle controversial elements
of the current financial order which are seen by some as having
contributed or failed to prevent the credit crunch, which originated in
the US and spread across the globe.
At the EU level, several such issues have been highlighted as the
possible targets of stricter regulation - rating agencies, tax havens,
hedge funds, executive pay but also the very role of key global
institutions, the International Monetary Fund and World Bank. "We
believe in the capacity and the ability of the American people to come
up with the answers the world is waiting for, is expecting. Because this
sort of capitalism is a betrayal of the capitalism we believe in," Mr
Sarkozy said, newswires report.
"The meeting should be held rapidly, perhaps before the end of November.
Since the crisis started in New York, maybe we can find the solution in
New York," he added. However, US president Bush stressed that "as we
make the regulatory and institutional changes necessary to avoid a
repeat of this crisis, it is essential that we preserve the foundations
of democratic capitalism - the commitment to free markets, free
enterprise and free trade." "We must resist the dangerous temptation of
economic isolationism and continue the policies of open markets that
have lifted standards of living and held millions of people escape
poverty around the world."
Read full story...
More European banks in the red
Meanwhile, Dutch ING and French Caisse d'Epargne have joined the list of
banks affected by the financial crisis. The Dutch government agreed on
Sunday (19 October) to pump €10 billion into financial group ING, with
the bank's management agreeing to scrap executive bonuses and its
year-end dividend to shareholders. The move followed a round of tense
negotiations over the weekend sparked by recent share falls by over a 25
percent of value, Reuters reported. The financial injection by the Dutch
government is part of €20 billion package the Hague had put aside for
possible bank bail-outs, in a move agreed in principle by all other
European member states last week in a bid to prevent a bankruptcy of any
financial situation essential for a country's whole economy.
In Germany, Bavaria's public sector bank BayernLB will be the first to
use the German government's €500 billion rescue package. The bank's
supervisory board is due to meet on Tuesday (21 October) to discuss the
package, Bavarian state Finance Minister Erwin Huber said in an
interview for Bild newspaper.
In France, the chairman of Groupe Caisse d'Epargne and two other top
managers resigned on Sunday, following a €600 million trading scandal
where a small team of traders had placed illicit bets on stock markets.
The French government reacted by suggesting a special audit of all banks
in the country.
Europeans signal clash with US over global capitalism
Telegraph UK
(October 19, 2008) - World leaders will meet in
the United Sates next month to find a fix for the international
financial crisis after President George W. Bush bowed to European calls
for a global economic summit. Mr Bush bowed to demands from French
President Nicolas Sarkozy, current holder of the EU's rotating
presidency and José Manuel Barroso, President of the European
Commission, at his Camp David presidential retreat.
The emboldened Europeans signalled that the bloc was ready to ambush Mr
Bush and his successor, who is expected to attend the meeting, to impose
a European vision for new financial market regulation. "The EU
must take over the leadership of change because that is what it has
long been calling for while the US was not favourable," said José
Luis Rodriguez Zapatero, the Spanish Prime Minister. "There has to be
regulation and limits to everything to do with incentives and rewards."
The French leader reiterated his attacks on the American-led sytem of
capitalism. "We cannot continue along the same lines because the same
problems will trigger the same disasters," said Mr Sarkozy. "This is no
longer acceptable. This is no longer possible. This sort of capitalism
is a betrayal of the sort of capitalism we believe in."
The summit, expected to take place just days or weeks after US
presidential elections in November, will start a political tussle over
The US President has backed the steps European nations have taken in
recent weeks to stabilise financial markets but has signalled American
uneasiness with some EU calls for a root and branch overhaul of
capitalism.
But remarks after the Camp David meeting has already exposed deep trans-Atlanic
differences. "We will work to strengthen and modernise our nations'
financial systems so we can help ensure that this crisis doesn't happen
again," said Mr Bush. "As we make the regulatory and institutional
changes necessary to avoid a repeat of this crisis, it is essential that
we preserve the foundations of democratic capitalism a commitment to
free markets, free enterprise, and free trade," he said. "We must resist
the dangerous temptation of economic isolationism and continue the
policies of open markets that have lifted standards of living and helped
millions of people escape poverty around the world."
In contrast, President Sarkozy and other EU leaders have floated radical
ideas of reforming rating agencies, the creation of new international
financial supervisors and tough regulation of hedge funds and tax
havens. Even the venue of the global economic conference could be a
source of discord after President Sarkozy called for it to be held under
the auspices of the United Nations in New York, near America's Wall
Street financial district, the source, the EU claims, of the present
economic crisis. "Insofar as the crisis began in New York, then the
global solution must be found to this crisis in New York," Mr Sarkozy
said.
A weakened President Bush, who will be seeing out his last months in
office after US presidential elections on Nov 4. The US leader is
expected to try and wrest back control by holding the summit in
Washington. European diplomats are hoping that a new US
President-elect might be more receptive to European style "social
market" reforms, especially if the elections sweep Democrat candidate
Barack Obama into power. As Mr Bush nears the end of his second term
and prepares to hand over the White House in January next year, any
future American financial reforms will fall to his successor.
|
EU/UN/4th Kingdom
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NewWorldOrder|
America|
Economic Crisis
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In light of the
Glenn Beck show regarding Biden's comments,
what I've been feeling about an Obama win would fit quite well into
the further integration of America into the global economy as a step
to a new global financial system not run on paper currency, but
electronically tracked data based on a unique ID system to label
individuals in a global database. Crazy? You bet, and every day it
seems a step closer in this climate of fear and uncertainty. My
guess is that much of the world will accept this solution as an only
way out. Time will tell - keep watching.
Gordon Brown expects news on global regulation plans in the 'next few
days' Citywire
(October 15, 2008) - Prime Minister Gordon Brown
has said he expects progress towards a cocoordinated approach to cross
order regulation of the financial markets in 'the next few days.' Taking
time out from his meeting with EU leaders in Brussels, he told
journalists that leaders needed to work together to create a new
‘financial vision’ to ensure that the current crisis in financial
markets does is not repeated.
He said it was time to move to stage two of the recovery process and
establish appropriate regulation and an early warning process to ‘root
out irresponsibilities and excesses’. ‘We need supervision and
regulation where it has been lacking and where it is necessary, and
international co-operation. We need an early warning system and proper
co-ordination,’ he said.
José Manuel Barroso paid tribute to Brown’s role in driving forward the
EU response to the financial crisis and said he agreed it was time to
take action ‘to the next level’. The two leaders will attend the EU
Council in Brussels over the next two days. Gordon Brown said that US
president George Bush shared his sense of urgency. He said that although
the new US president elected at the end of November will have to sign up
to any eventual plan, he said there is no need to wait.
On Monday, Gordon Brown said the world needs an effective global early
warning system to alert people across continents to economic and
financial risks. He also called for globally accepted standards of
supervision that apply equally in all countries, stronger arrangements
for cross-border supervision of global firms, and much stronger
institutions for co-operation and concerted action in a crisis. Brown is
understood to have recommended the creation of a series of colleges of
supervisors to oversee cross-border financial institutions.
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EU/UN/4th Kingdom
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NewWorldOrder|
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Economic Crisis
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The O Jesse Knows New York
Post
(October 14, 2008) - PREPARE for a new America:
That's the message that the Rev. Jesse Jackson conveyed to participants
in the first World Policy Forum, held at this French lakeside resort
last week. He promised "fundamental changes" in US foreign policy -
saying America must "heal wounds" it has caused to other nations, revive
its alliances and apologize for the "arrogance of the Bush
administration."
The most important change would occur in the Middle East, where "decades
of putting Israel's interests first" would end. Jackson believes that,
although "Zionists who have controlled American policy for decades"
remain strong, they'll lose a great deal of their clout when
Barack Obama enters the White House.
"Obama is about change," Jackson told me in a wide-ranging conversation.
"And the change that Obama promises is not limited to what we do in
America itself. It is a change of the way America looks at the world and
its place in it." Jackson warns that he isn't an Obama confidant or
adviser, "just a supporter." But he adds that Obama has been "a neighbor
or, better still, a member of the family." Jackson's son has been a
close friend of Obama for years, and Jackson's daughter went to school
with Obama's wife Michelle.
"We helped him start his career," says Jackson. "And then we were always
there to help him move ahead. He is the continuation of our struggle for
justice not only for the black people but also for all those who have
been wronged."
Read full story...
Will Obama's
election close the chapter of black grievances linked to memories of
slavery? The reverend takes a deep breath and waits a long time before
responding. "No, that chapter won't be closed," he says. "However,
Obama's victory will be a huge step in the direction we have wanted
America to take for decades." Jackson rejects any suggestion that Obama
was influenced by Marxist ideas in his youth. "I see no evidence of
that," he says. "Obama's thirst for justice and equality is rooted in
his black culture."
But is Obama - who's not a descendant of slaves - truly a typical
American black? Jackson emphatically answers yes: "You don't need to be
a descendant of slaves to experience the oppression, the suffocating
injustice and the ugly racism that exists in our society," he says.
"Obama experienced the same environment as all American blacks did. It
was nonsense to suggest that he was somehow not black enough to feel the
pain."
Is Jackson worried about the "Bradley effect" - that people may be
telling pollsters they favor the black candidate, but won't end up
voting for him? "I don't think this is how things will turn out," he
says. "We have a collapsing economy and a war that we have lost in Iraq.
In Afghanistan, we face a resurgent Taliban. New threats are looming in
Pakistan. Our liberties have been trampled under feet . . . Today, most
Americans want change, and know that only Barack can deliver what they
want. Young Americans are especially determined to make sure that Obama
wins."
He sees a broad public loss of confidence in the nation's institutions:
"We have lost confidence in our president, our Congress, our banking
system, our Wall Street and our legal system to protect our individual
freedoms. . . I don't see how we could regain confidence in all those
institutions without a radical change of direction."
Jackson declines to be more concrete about possible policy changes.
After all, he insists, he isn't part of Obama's policy team. Yet he
clearly hopes that his views, reflecting the position of many Democrats,
would be reflected in the policies of an Obama administration. On the
economic front, he hopes for "major changes in our trading policy."
"We cannot continue with the open-door policy," he says. "We need to
protect our manufacturing industry against unfair competition that
destroys American jobs and creates ill-paid jobs abroad." Would that
mean an abrogation of the NAFTA treaty with Canada and Mexico? Jackson
dismisses the question as "premature": "We could do a great deal without
such dramatic action."
His most surprising position concerns Iraq. He passionately denounces
the toppling of Saddam Hussein as "an illegal and unjust act." But he's
now sure that the United States "will have to remain in Iraq for a very
long time." What of Obama's promise to withdraw by 2010? Jackson
believes that position will have to evolve, reflecting "realities on the
ground." "We should work with our allies in Iraq to consolidate
democratic institutions there," he says. "We must help the people of
Iraq decide and shape their future in accordance with their own culture
and faith."
On Iran, he strongly supports Obama's idea of opening a direct dialogue
with the leadership in Tehran. "We've got to talk to tell them what we
want and hear what they want," Jackson says. "Nothing is gained by not
talking to others." Would that mean ignoring the four UN Security
Council resolutions that demand an end to Iran's uranium-enrichment
program? Jackson says direct talks wouldn't start without preparations.
"Barack wants an aggressive and dynamic diplomacy," he says. "He also
wants adequate preparatory work. We must enter the talks after the
ground has been prepared," he says.
Jackson is especially critical of President Bush's approach to the
Israel-Palestine conflict. "Bush was so afraid of a snafu and of
upsetting Israel that he gave the whole thing a miss," Jackson says.
"Barack will change that," because, as long as the Palestinians haven't
seen justice, the Middle East will "remain a source of danger to us
all."
"Barack is determined to repair our relations with the world of Islam
and Muslims," Jackson says. "Thanks to his background and ecumenical
approach, he knows how Muslims feel while remaining committed to his own
faith."
Obama's Abortion Extremism The
Witherspoon Institute
(October 14, 2008) - Sen. Barack Obama's views on
life issues ranging from abortion to embryonic stem cell research mark
him as not merely a pro-choice politician, but rather as the most
extreme pro-abortion candidate to have ever run on a major party ticket.
Barack Obama is the most extreme pro-abortion candidate ever to seek the
office of President of the United States. He is the most extreme
pro-abortion member of the United States Senate. Indeed, he is the most
extreme pro-abortion legislator ever to serve in either house of the
United States Congress.
Yet there are Catholics and Evangelicals-even self-identified
pro-life Catholics and Evangelicals - who aggressively promote
Obama's candidacy and even declare him the preferred candidate from the
pro-life point of view. What is going on here?
I have examined the arguments advanced by Obama's self-identified
pro-life supporters, and they are spectacularly weak. It is nearly
unfathomable to me that those advancing them can honestly believe what
they are saying. But before proving my claims about Obama's abortion
extremism, let me explain why I have described Obama as "pro-abortion"
rather than "pro-choice."
According to the standard argument for the distinction between these
labels, nobody is pro-abortion. Everybody would prefer a world
without abortions. After all, what woman would deliberately get pregnant
just to have an abortion? But given the world as it is, sometimes women
find themselves with unplanned pregnancies at times in their lives when
having a baby would present significant problems for them. So even if
abortion is not medically required, it should be permitted, made as
widely available as possible and, when necessary, paid for with
taxpayers' money.
The defect in this argument can easily be brought into focus if we shift
to the moral question that vexed an earlier generation of Americans:
slavery. Many people at the time of the American founding would have
preferred a world without slavery but nonetheless opposed abolition.
Such people - Thomas Jefferson was one - reasoned that, given the world
as it was, with slavery woven into the fabric of society just as it had
often been throughout history, the economic consequences of abolition
for society as a whole and for owners of plantations and other
businesses that relied on slave labor would be dire. Many people who
argued in this way were not monsters but honest and sincere, albeit
profoundly mistaken. Some (though not Jefferson) showed their personal
opposition to slavery by declining to own slaves themselves or freeing
slaves whom they had purchased or inherited. They certainly didn't think
anyone should be forced to own slaves. Still, they maintained that
slavery should remain a legally permitted option and be given
constitutional protection.
Would we describe such people, not as pro-slavery, but as "pro-choice"?
Of course we would not. It wouldn't matter to us that they were
"personally opposed" to slavery, or that they wished that slavery were
"unnecessary," or that they wouldn't dream of forcing anyone to own
slaves. We would hoot at the faux sophistication of a placard that said
"Against slavery? Don't own one." We would observe that the fundamental
divide is between people who believe that law and public power should
permit slavery, and those who think that owning slaves is an unjust
choice that should be prohibited.
Read full story...
Just for the sake of argument, though, let us assume that there could be
a morally meaningful distinction between being "pro-abortion" and being
"pro-choice." Who would qualify for the latter description? Barack Obama
certainly would not. For, unlike his running mate Joe Biden, Obama does
not think that abortion is a purely private choice that public authority
should refrain from getting involved in. Now, Senator Biden is hardly
pro-life. He believes that the killing of the unborn should be legally
permitted and relatively unencumbered. But unlike Obama, at least Biden
has sometimes opposed using taxpayer dollars to fund abortion, thereby
leaving Americans free to choose not to implicate themselves in it. If
we stretch things to create a meaningful category called "pro-choice,"
then Biden might be a plausible candidate for the label; at least on
occasions when he respects your choice or mine not to facilitate
deliberate feticide.
The same cannot be said for Barack Obama. For starters, he supports
legislation that would
repeal the Hyde Amendment, which protects pro-life citizens from
having to pay for abortions that are not necessary to save the life of
the mother and are not the result of rape or incest. The abortion
industry laments that this longstanding federal law, according to the
pro-abortion group NARAL, "forces about half the women who would
otherwise have abortions to carry unintended pregnancies to term and
bear children against their wishes instead." In other words, a whole lot
of people who are alive today would have been exterminated in utero
were it not for the Hyde Amendment. Obama has promised to reverse the
situation so that abortions that the industry complains are not
happening (because the federal government is not subsidizing them) would
happen. That is why people who profit from abortion love Obama even more
than they do his running mate.
But this barely scratches the surface of Obama's extremism. He has
promised that "the first thing I'd do as President is
sign the Freedom of Choice Act" (known as FOCA). This proposed
legislation would create a federally guaranteed "fundamental right" to
abortion through all nine months of pregnancy, including, as Cardinal
Justin Rigali of Philadelphia has noted in a statement condemning the
proposed Act, "a right to abort a fully developed child in the final
weeks for undefined 'health' reasons." In essence, FOCA would abolish
virtually every existing state and federal limitation on abortion,
including parental consent and notification laws for minors, state and
federal funding restrictions on abortion, and conscience protections for
pro-life citizens working in the health-care industry-protections
against being forced to participate in the practice of abortion or else
lose their jobs. The pro-abortion National Organization for Women has
proclaimed with approval that FOCA would "sweep away hundreds of
anti-abortion laws [and] policies."
It gets worse. Obama, unlike even many "pro-choice"
legislators, opposed the ban on partial-birth abortions when he served
in the Illinois legislature and
condemned the Supreme Court decision that upheld legislation banning
this heinous practice. He has referred to a baby conceived inadvertently
by a young woman as a
"punishment" that she should not endure. He has stated that women's
equality
requires access to abortion on demand. Appallingly, he wishes to
strip federal funding from pro-life crisis pregnancy centers that
provide alternatives to abortion for pregnant women in need. There is
certainly nothing "pro-choice" about that.
But it gets even worse. Senator Obama, despite the urging of pro-life
members of his own party, has not endorsed or offered support for the
Pregnant Women Support Act, the signature bill of Democrats for Life,
meant to reduce abortions by providing assistance for women facing
crisis pregnancies. In fact, Obama has opposed key provisions
of the Act, including providing coverage of unborn children in the State
Children's Health Insurance Program (S-CHIP), and informed consent for
women about the effects of abortion and the gestational age of their
child. This legislation would not make a single abortion illegal. It
simply seeks to make it easier for pregnant women to make the choice not
to abort their babies. Here is a concrete test of whether Obama is
"pro-choice" rather than pro-abortion. He flunked. Even Senator Edward
Kennedy voted to include coverage of unborn children in S-CHIP. But
Barack Obama stood resolutely with the most stalwart abortion advocates
in opposing it.
It gets worse yet. In an act of breathtaking injustice which the Obama
campaign lied about until critics produced documentary proof of what he
had done, as an Illinois state senator Obama opposed legislation to
protect children who are born alive, either as a result of
an abortionist's unsuccessful effort to kill them in the womb, or by the
deliberate delivery of the baby prior to viability. This legislation
would not have banned any abortions. Indeed, it included a specific
provision ensuring that it did not affect abortion laws. (This is one of
the points Obama and his campaign lied about until they were caught.)
The federal version of the bill passed unanimously in the United States
Senate, winning the support of such ardent advocates of legal abortion
as John Kerry and Barbara Boxer. But Barack Obama opposed it and worked
to defeat it. For him, a child marked for abortion gets no
protection-even ordinary medical or comfort care-even if she is born
alive and entirely separated from her mother. So Obama has favored
protecting what is literally a form of infanticide.
You may be thinking, it can't get worse than that. But it does.
For several years, Americans have been debating the use for biomedical
research of embryos produced by in vitro fertilization
(originally for reproductive purposes) but now left in a frozen
condition in cryopreservation units. President Bush has restricted the
use of federal funds for stem-cell research of the type that makes use
of these embryos and destroys them in the process. I support the
President's restriction, but some legislators with excellent pro-life
records, including John McCain, argue that the use of federal money
should be permitted where the embryos are going to be discarded or die
anyway as the result of the parents' decision. Senator Obama, too,
wants to lift the restriction.
But Obama would not stop there. He has co-sponsored a bill-strongly
opposed by McCain-that would
authorize the large-scale industrial production of human embryos for
use in biomedical research in which they would be killed. In fact, the
bill Obama co-sponsored would effectively require the killing
of human beings in the embryonic stage that were produced by cloning. It
would make it a federal crime for a woman to save an embryo by agreeing
to have the tiny developing human being implanted in her womb so that he
or she could be brought to term. This "clone and kill" bill would, if
enacted, bring something to America that has heretofore existed only in
China-the equivalent of legally mandated abortion. In an audacious act
of deceit, Obama and his co-sponsors misleadingly call this an anti-cloning
bill. But it is nothing of the kind. What it bans is not cloning, but
allowing the embryonic children produced by cloning to survive.
Can it get still worse? Yes.
Decent people of every persuasion hold out the increasingly realistic
hope of resolving the moral issue surrounding embryonic stem-cell
research by developing methods to produce the exact equivalent of
embryonic stem cells without using (or producing) embryos. But when a
bill was introduced in the United States Senate to put a modest amount
of federal money into research to develop these methods, Barack Obama
was one of the few senators
who opposed it. From any rational vantage point, this is
unconscionable. Why would someone not wish to find a method of producing
the pluripotent cells scientists want that all Americans could
enthusiastically endorse? Why create and kill human embryos when there
are alternatives that do not require the taking of nascent human lives?
It is as if Obama is opposed to stem-cell research unless it
involves killing human embryos.
This ultimate manifestation of Obama's extremism brings us back to the
puzzle of his pro-life Catholic and Evangelical apologists.
They typically do not deny the facts I have reported. They could not;
each one is a matter of public record. But despite Obama's injustices
against the most vulnerable human beings, and despite the extraordinary
support he receives from the industry that profits from killing the
unborn (which should be a good indicator of where he stands), some Obama
supporters insist that he is the better candidate from the pro-life
point of view.
They say that his economic and social policies would so diminish the
demand for abortion that the overall number would actually go
down-despite the federal subsidizing of abortion and the elimination of
hundreds of pro-life laws. The way to save lots of unborn babies, they
say, is to vote for the pro-abortion-oops! "pro-choice"-candidate. They
tell us not to worry that Obama opposes the Hyde Amendment, the Mexico
City Policy (against funding abortion abroad), parental consent and
notification laws, conscience protections, and the funding of
alternatives to embryo-destructive research. They ask us to look past
his support for Roe v. Wade, the Freedom of Choice Act, partial-birth
abortion, and human cloning and embryo-killing. An Obama presidency,
they insist, means less killing of the unborn.
This is delusional.
We know that the federal and state pro-life laws and policies that Obama
has promised to sweep away (and that John McCain would protect) save
thousands of lives every year. Studies conducted by Professor Michael
New and other social scientists have removed any doubt. Often enough,
the abortion lobby itself confirms the truth of what these scholars have
determined. Tom McClusky has observed that Planned Parenthood's own
statistics show that in each of the seven states that have FOCA-type
legislation on the books, "abortion rates have increased while the
national rate has decreased." In Maryland, where a bill similar to the
one favored by Obama was enacted in 1991, he notes that "abortion rates
have increased by 8 percent while the overall national abortion
rate decreased by 9 percent." No one is really surprised. After
all, the message clearly conveyed by policies such as those Obama favors
is that abortion is a legitimate solution to the problem of unwanted
pregnancies - so clearly legitimate that taxpayers should be forced to
pay for it.
But for a moment let's suppose, against all the evidence, that Obama's
proposals would reduce the number of abortions, even while
subsidizing the killing with taxpayer dollars. Even so, many more unborn
human beings would likely be killed under Obama than under McCain. A
Congress controlled by strong Democratic majorities under Harry Reid and
Nancy Pelosi would enact the bill authorizing the mass industrial
production of human embryos by cloning for research in which they are
killed. As president, Obama would sign it. The number of tiny humans
created and killed under this legislation (assuming that an efficient
human cloning technique is soon perfected) could dwarf the number of
lives saved as a result of the reduced demand for abortion-even if we
take a delusionally optimistic view of what that number would be.
Barack Obama and John McCain differ on many important issues about which
reasonable people of goodwill, including pro-life Americans of every
faith, disagree: how best to fight international terrorism, how to
restore economic growth and prosperity, how to distribute the tax burden
and reduce poverty, etc.
But on abortion and the industrial creation of embryos for destructive
research, there is a profound difference of moral principle, not just
prudence. These questions reveal the character and judgment of each man.
Barack Obama is deeply committed to the belief that members of an entire
class of human beings have no rights that others must respect. Across
the spectrum of pro-life concerns for the unborn, he would deny these
small and vulnerable members of the human family the basic protection of
the laws. Over the next four to eight years, as many as five or even six
U.S. Supreme Court justices could retire. Obama enthusiastically
supports Roe v. Wade and would appoint judges who would protect
that morally and constitutionally disastrous decision and even expand
its scope. Indeed, in an interview in Glamour magazine, he made
it clear that he would apply a litmus test for Supreme Court
nominations: jurists who do not support Roe will not be
considered for appointment by Obama. John McCain, by contrast, opposes
Roe and would appoint judges likely to overturn it. This would
not make abortion illegal, but it would return the issue to the forums
of democratic deliberation, where pro-life Americans could engage in a
fair debate to persuade fellow citizens that killing the unborn is no
way to address the problems of pregnant women in need.
What kind of America do we want our beloved nation to be? Barack Obama's
America is one in which being human just isn't enough to
warrant care and protection. It is an America where the unborn may
legitimately be killed without legal restriction, even by the grisly
practice of partial-birth abortion. It is an America where a baby who
survives abortion is not even entitled to comfort care as she dies on a
stainless steel table or in a soiled linen bin. It is a nation in which
some members of the human family are regarded as inferior and others
superior in fundamental dignity and rights. In Obama's America, public
policy would make a mockery of the great constitutional principle of the
equal protection of the law. In perhaps the most telling comment made by
any candidate in either party in this election year, Senator Obama, when
asked by Rick Warren when a baby gets human rights, replied: "that
question is above my pay grade." It was a profoundly disingenuous
answer: For even at a state senator's pay grade, Obama presumed to
answer that question with blind certainty. His unspoken answer then, as
now, is chilling: human beings have no rights until infancy - and if
they are unwanted survivors of attempted abortions, not even then.
In the end, the efforts of Obama's apologists to depict their man as the
true pro-life candidate that Catholics and Evangelicals may and even
should vote for, doesn't even amount to a nice try. Voting for the most
extreme pro-abortion political candidate in American history is not the
way to save unborn babies.
Secretary of Supreme National Security Council Saeed Jalili forwarded a
letter to Javier Solana, High Representative for the Common Foreign and
Security Policy/ Secretary-General of the Council of the European Union
and Representative of the six countries on Tuesday, complaining that the
Group is looking at nuclear talks with Iran as merely a tactical tool.
""In view of the Geneva Talks and the emphasis of both sides on
presenting a clear response to each other, the Islamic Republic of Iran
in its letter of 5 August 2008 expressed its readiness to offer
transparent response vis-à-vis reciting clear replies to its
questions,"" Jalili said in his letter to Solana.
It is interesting for the international community to see that in the
course of talks when a rational question is raised, the other party to
the talks resorts to levers of pressure instead of offering answers to
questions and trying to remove ambiguities, Jalili said, adding that in
the judgment of the world community, this unreasonable behavior is an
indication of the lack of a clear response to the principled questions
of the Islamic Republic of Iran.
The absence of civilized tradition of ""dialogue"" among certain powers
that prefer to use levers of pressure instead of reasoning is not a
matter that is unknown to the world community, he said.
|Iran
|
Islam
|
EU/UN/4th Kingdom
|
Solana| NewWorldOrder|
America bad, Europe good is
what I see here from Iran.
Glenn Beck: What happened?
Glenn Beck (October
7, 2008) - Yes, another email letter from your crazy brother. You
raised a lot of questions in your last email and I am going to try to
answer all of them. I think all of your questions fall into three areas:
(1) how did we get here; (2) what's coming; and (3) what can I do to
prepare myself and my family.
Consider this email as my answer to your first question, "how did we get
here?". I'll be sending you 2 more emails answering your other two
questions. Since there's a lot of misinformation out there I will
document each of the facts in my emails so you know where I pulled the
information from and where you can go to read and learn more.
What you shouldn't do is panic. We'll get through this--don't pull all
of your money out of the bank but have enough cash on-hand to meet any
possible emergencies.
First, you've got to get the stock market's ups-and-downs out of your
mind. The recent drops and upticks are short-term. Our economic problems
are much bigger and deeper. Too many people believe that if the stock
market goes up our problems are behind us and that's simply not true.
Last week the market had big drops and big upswings. In the end, the
market ended down more than 800 points and lots of 'experts' were
shouting it was a time to buy. I don't see it that way.
Did you know that just two days after the stock market crashed in
October 1929 the market actually gained ground the next two days? The
New York Times reported that "the market quickly regained its poise and
stability...." Today, Wall Street 'pros' are telling us it's a good time
to invest because Warren Buffet is investing. A lot of people were
probably using the same argument when the Rockefeller family was buying
stocks right after the 1929 crash, what they didn't know was that it
would take Wall Street ten more years to see those prices again.
Our current economic crisis was caused by politicians, both Democrats
and Republicans, who perverted the American Dream by treating home
ownership as an undeniable right rather than what it really is, a
privilege. President Bush aggressively
promoted the benefits of home ownership through various policy
positions, including a
reckless zero down-payment initiative for some homebuyers and
praised Fannie Mae and Freddie Mac even after concerns about their
accounting standards began to surface.
Read full letter...
Home
ownership has always been part of the American Dream. It allows
individuals and families to build wealth by having them pay themselves
instead of a landlord or rental company and vests people in their
communities by grounding them in local schools, stores and government.
The concept that owning a home was a privilege and not a right began to
change in 1992 following a flawed Boston Federal Reserve Board study
which
allegedly found subtle discrimination in loan and mortgage lending
by banks and mortgage lenders.
Politicians didn't care that the study was full of errors. The study
found discrimination took place when five minority applicants were
rejected for special low-income loans even though the applicants were
rejected because they made too much money to qualify for a low-income
loan,
not because of their race. The report also classified as 'rejected'
the applications of eight minority borrowers even though these
borrowers voluntarily withdrew their mortgage applications. The
study's sloppiness also went the other way.
The study reported that a white applicant was approved for a $3,115,000
loan in order to purchase a home valued at $445,000. It was later
demonstrated that the actual loan was approved for $311,500, far less
than $3 million reported and more importantly, less than the home's
purchase price. When these and other errors were corrected
no evidence of discrimination existed.
But politicians didn't care. They used this report as the basis to fix a
problem which didn't exist. Leading the charge for change was President
Clinton who immediately set-out to rework the
Community Reinvestment Act to give federal officials the power to
pressure banks to make loans they otherwise considered too risky or
uneconomical.
Traditional lending requirements were labeled 'outdated' and
discriminatory. What 'traditional lending requirements' were viewed as
'outdated' and 'discriminatory'? (1) banks were told that a "lack
of credit history should not be seen as a negative factor" and that
"past credit problems" should be viewed and considered in light of any "extenuating
circumstances" so loans could be extended when they otherwise would
have been denied; (2) banks were encouraged to let borrowers without
enough money for a down-payment make-up any deficiency with "gifts,
grants, or loans from relatives, nonprofit organizations, or municipal
agencies" even though banks considered this risky as the home buyer
would have little or no equity in the house; (3) banks were also
instructed that borrowers who received child support, welfare payments
or unemployment benefits
could count that as 'income' for borrowing purposes.
Call me crazy but if you need to count child support money that's
intended for your child, or are in such bad economic shape that you're
relying on welfare payments to make ends meet or are unemployed, maybe,
just maybe, you shouldn't be buying a house. Too bad our politicians and
the 'best and brightest' on Wall Street couldn't figure that out!
Community groups like ACORN,
threatened to cry racism if banks didn't increase their loans to
subprime borrowers. Banks typically avoided subprime loans as they
carried a greater risk of default, but with law on its side, ACORN and
other groups intimidated lending institutions into making such loans.
Banks soon learned, however, that making subprime loans actually could
increase their profits without increasing their risk. Once the banks
extended a loan to a subprime borrower that loan could then be sold by
the bank to Fannie Mae or Freddie Mac, two government sponsored entities
charged with making home ownership affordable to all Americans.
Banks, Wall Street, and mortgage lenders were soon eager to extend
mortgages to subprime borrowers because they could make lots of money
without carrying any risk. Fannie and Freddie carried all the risk once
the original lending agency sold the loan to them. And once Fannie and
Freddie bought the loan this freed up the banks to make even more
subprime loans.
So everyone was a winner. The subprime borrower got the money to buy a
house. The banks generated mortgages and made a nice profit and Fannie
and Freddie executives made tens-of-millions of dollars in salaries and
bonuses by hitting their annual goals.
The problem was that in order to keep all of this going lending
standards were continually lowered to help the next level of subprime
borrowers qualify for mortgages and no one had an incentive to make sure
that the new subprime borrowers would actually be capable of making
regular mortgage payments. The banks which extended the loans really
didn't care because they were just going to sell the loan off to Fannie
or Freddie. Fannie and Freddie weren't too concerned because it wasn't
their money-they knew that they were insured by the 'full faith and
credit' of the federal government (that's government lingo for "you and
me").
So when federal regulators began to warn the executives at Fannie and
Freddie about the increasing risks of non-payment by subprime borrowers
the companies did nothing and when the regulators took their concerns to
congress their warnings were met
with scorn and contempt. The politicians who received the
most political contributions from Fannie and Freddie, by pure
coincidence, just happened to be their biggest defenders: Chris Dodd
(D-$133,900), John Kerry (D-$111,000) and Barack Obama (D-$105,189).
Representative Barney Frank, who has been a fierce defender of Fannie
and Freddie, actually said, while arguing against more regulation, "I
want to roll the dice a little bit more in this situation
towards subsidized housing.... " It's nice to know that he doesn't
mind gambling with our money. Senator Chris Dodd, in praising Fannie and
Freddie said, "I, just briefly will say, Mr. Chairman, obviously, like
most of us here, this is
one of the great success stories of all time. "While Senator Charles
Schumer said, "And my worry is that we're using the recent safety and
soundness concerns, particularly with Freddie, and with a poor
regulator, as a straw man to
curtail Fannie and Freddie's mission."
Barack Obama has received
more money from Fannie and Freddie than any other senator, with the
exception of Senator Dodd, in the last four years. Before entering the
senate, Obama
filed a class-action lawsuit against Citibank, alleging that the
bank was red-lining, or not doing enough lending in certain areas. That
lawsuit was eventually settled. Arguably, Barack Obama helped cause the
problem he now wants to fix.
The Federal Reserve Board was doing its part by throwing huge piles of
cash at would-be home buyers by keeping interest rates too low. With low
interest rates speculators began to look at houses as business
opportunities, while others began to look at their homes as a giant
piggy bank rather than a place where you actually lived and raised a
family. Alan Greenspan encouraged this type of behavior and proudly
said, "American consumers might benefit if lenders provided
greater mortgage product alternatives to the traditional fixed-rate
mortgages..." President Bush, responding to September 11th unwisely
encouraged us to "go
shopping" rather than hunker down financially and contribute to the
War on Terror in other ways (can you say home equity loans?).
The SEC also shares in the blame. It failed to do its job (failed
to adequately regulate mortgage brokers, the
credit rating companies, and
naked short-sellers), acted only after the markets froze-up (finally
addressed mark-to-market rules) and refused to examine how the
credit-default-swap market could grow from $919 billion in 2001 to
over $54 trillion by 2008 (which allowed companies to make wild
financial bets with the false confidence that 'insurance' would be there
if the deal went south).
So what happened? Home-ownership rates which had been relatively
constant for 25 years began a 10 year upward climb beginning in 1995,
around the same time that government began its push and pressure for
banks to make more subprime loans. The politicians, banks, lenders and
Wall Streeters were thrilled because they were all making gobs of money.
Today we are all paying the price for the decisions made long ago. I
have spoken to people involved at the highest levels and they now are
all saying the same thing, "it is worse than anyone knows" and "worse
than I even thought." Political and business leaders who I respect have
told me that the economy is on the edge of an abyss.
The bailout is an outrage and is designed only to buy time for the
politicians. It will delay the real hard times from hitting until after
the November elections. Not one politician has said that this bailout
legislation will put us on a better financial footing or that our
economic problems will be put behind us. In fact, we'll be worse off
because our politicians, even in this crisis, can't stop themselves from
spending. This bill includes an extension of the rum tax benefits for
Puerto Rico and the US Virgin Islands ($192
million), tax benefits for companies which manufacture wooden arrows
for kids ($6
million), car racing tracks ($128
million), a provision which forces insurance companies to treat
mental health problems like physical problems ($3.8
billion) and
many, many more.
International markets don't offer any better alternative.
Germany,
England, the
Netherlands, and
Russia have all come out with their own government backed bailout
plans. There are now calls for
more international regulation (presumably led by the United Nations)
and China has taken this opportunity to call for "a diversified currency
and financial system and fair and just financial order that is
not dependent on the United States." Meanwhile, there is increasing
international indications that the dollar will lose its place as the
reserve currency of the world.
The politicians from both political parties continue to lie to us. They
promise us better healthcare and more government programs. The only
thing either party will be able to deliver is higher, much higher, taxes
as the debt swells and government revenues fall. The same politicians
remain silent, while capitalism, which brought us the highest standard
of living in the world, is increasingly attacked and
discredited by its enemies.
But it's not capitalism which has been discredited by our current
crisis, it's greed that has been shown to be at the root of our present
economic uncertainty, and greed is unfortunately a universal human trait
and has demonstrated its reach in socialism, fascism, communism and
capitalism. The greed of Wall Street is nothing compared to the greed of
our politicians who have continued to expand their power and influence
at the expense of their country.
Our children and grandchildren will ultimately pay the price for their
failure to act prudently and in the best interest of our country because
they will be the ones saddled with mountains of debt and diminished
standard of living.
I hope that this summary gives you a better idea of how the people who
caused this fire are the same ones who are now telling us that they know
best how to put it out and a reason not to believe their current
promises.
We have faced tough times before. We fought the Nazis in World War II,
defeated communism in the Cold War and Americans fought each other to
keep our country together in our own Civil War. These tough times
require us to educate ourselves and help others understand what has
brought us to this point and the grave consequences of what will
happen if we let this continue-that is our fight.
In my next email letter I will answer the other question you asked,
"what's coming?"
Sis, I know you will always consider me your crazy brother but please
pass this message on to all of your friends. There are too many rumors
circulating and I want to put the facts out there. This isn't about
slamming the Democrats or Republicans--this is about getting the truth
out to as many people as possible. The more people we can wake-up the
more people we will have restoring the hope, promise and opportunity of
our great country.
Please pass this on. Glenn
U.S. confirms bank buy-ins
Chicago Tribune
(October 11, 2008) - The government will buy an
ownership stake in a broad array of American banks for the first time
since the Great Depression, Treasury Secretary Henry Paulson said late
Friday. "This is a period like none of us has ever seen before," Paulson
declared. He said the government program to purchase stock in private
U.S. financial firms will be open to a broad array of institutions,
including banks, in an effort to help them raise desperately needed
money.
The administration received the authority to take such direct action in
the $700 billion economic rescue bill that Congress passed and President
George W. Bush signed last week. Paulson announced the administration's
new effort to prop up banks at the conclusion of discussions among
finance officials of the Group of Seven major industrialized countries.
That group endorsed the outlines of a sweeping program to combat the
worst global credit crisis in decades.
Paulson said the U.S. program would be designed to complement banks' own
efforts to raise fresh capital from private sources. The government's
stock purchases will be of non-voting shares so it will not have power
to run the companies. Few details of the plan were available.
The purchase of stakes in companies would be in addition to the main
thrust of the $700 billion rescue effort, which is to purchase
distressed assets from financial institutions as a way of unthawing
frozen credit, getting banks to resume normal lending operations and
staving off severe problems for businesses and everyday Americans alike.
It would mark the first time the government has taken equity ownership
in banks in this manner since a similar program was employed during the
Depression.
The Treasury, under the equity purchase program, would not be involved
in bank management, Paulson said. "Such a program would be designed to
encourage the raising of new private capital to complement public
capital," he said. | NewWorldOrder |
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Berlusconi says leaders may close world’s markets
Bloomberg
(October 10, 2008) - Italian Prime Minister Silvio
Berlusconi said political leaders are discussing the idea of closing the
world's financial markets while they "rewrite the rules of international
finance." "The idea of suspending the markets for the time it takes to
rewrite the rules is being discussed," Berlusconi said today after a
Cabinet meeting in Naples, Italy. A solution to the financial crisis
"can't just be for one country, or even just for Europe, but global."
The Dow Jones Industrial Average fell as much 8.1 percent in early
trading and pared most of those losses after Berlusconi's remarks. The
Dow was down 0.5 percent to 8540.52 at 10:10 in New York.
Group of Seven finance ministers and central bankers are meeting in
Washington today, and will stay in town for the International Monetary
Fund and World Bank meetings this weekend. European Union leaders may
gather in Paris on Oct. 12, three days before a scheduled summit in
Brussels, Berlusconi said today, while Group of Eight leaders may hold a
meeting on the crisis "in coming days," he said.
Berlusconi didn't give any details about what kind of rules leaders were
looking to change, except to say that leaders are "talking about a new
Bretton Woods." The Bretton Woods Agreements were adopted to rebuild the
international economic system after World War II in a hotel in Bretton
Woods, New Hampshire. The aim of the agreements was to establish a
monetary management system, initially by pegging currencies to gold. The
IMF was set up later to help manage the international financial system.
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Interview: EU to govern Internet of the future
Euractiv
(October 9, 2008) - The European Commission will
roll out a range of initiatives in the coming months to promote the
Internet of the Future, while remaining highly vigilant in protecting
citizens and networks, Information Society Commissioner Viviane Reding
told EurActiv in an interview.
The EU executive identified the following key topics to be addressed by
2009 in to prepare Europe to the new generation of the Internet: the
early challenges of the Internet of Things, rolling out Next Generation
Access Networks, opening radio spectrum to wireless services, broadband
for all, security of critical communication infrastructure, privacy
concerns related to the massive deployment of Radio Frequency
Identification (RFID) tags and Internet governance.
Speaking at the Internet of Things conference organised by the French EU
Presidency in Nice on 6-7 October, Commissioner Reding outlined told
EurActiv what she expected would be the main challenges ahead.
First of all, Brussels wants to pave the way for possibly the biggest
revolution that the Web has ever seen: the emergence of an Internet of
Things, whereby objects have a virtual identity and communicate between
each other to provide services of every kind, from healthcare to
transport security.
At the end of September, the Commission opened a public debate on the
main issues related to the Internet of Things, publishing a position
document . In November, a recommendation is expected on the privacy and
security risks linked to the deployment of RFID tags, the technology at
the core of the Internet of Things. Commissioner Reding wants to
maintain a fair balance between the promotion of RFID and the new
societal risks posed by society (EurActiv
06/10/08).
In early 2009, the EU executive is due to publish definitve guidelines
for the roll-out of Next Generation Access Networks, the key
infrastructure for a future Internet based on data-hungry services (EurActiv
19/09/08). A review of radio spectrum is also ongoing, so as to
exploit the so-called 'digital dividend' which will result from the
switch from analogue to digital TV by 2012. The target is to increase
the provision of wireless and mobile Internet services and, as a result,
broadband penetration in Europe.
Protection of critical online infrastructure, such as networks or key
servers, is also high on the Commission's agenda. To avoid cyber-attacks
such as that which hit Estonian public Internet services in 2007, the EU
executive will propose concrete action at EU level in a document to be
published in 2009 (EurActiv
09/04/08).
The global governance of the Internet and its next developments is also
considered crucial by Brussels, with Reding explicitly aiming to
challenge US control of many key elements of the Net. To read the full
text of the interview, please click
here.
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New World Order: Global co-operation, nationalisation and state
intervention - all in one day
The Scotsman
(October 9, 2008) - IT WAS a day of desperate
global action, unprecedented in both scale and cost, intended to stymie
the international devastation being wrought by the financial crisis. As
the London stock market steeled itself to open again following days of
vicious battering, Alistair Darling, the Chancellor, rose to stake the
future of the country and the Cabinet on an audacious £500 billion
banking bail-out.
And barely had the City begun to digest the hugely complex and
unorthodox scheme when it was sent reeling again by an unscheduled
interest rate cut – mirrored across the world – by the Monetary Policy
Committee. It was the first such co-ordinated approach since the 9/11
terrorist attacks in 2001 – yet another indicator, had one been needed,
of the gravity of the situation. The half percentage point drop was
immediately passed on to millions of borrowers, with leading high-street
banks cutting their mortgages.
The government's scheme, a three-part plan which takes in short, medium
and long-term measures, was welcomed by business leaders and analysts.
David Kern, adviser to the British Chamber of Commerce, said: "The
government has taken a radical step, but it is one we welcome."
But there was concern a phenomenal amount of taxpayers' cash was being
staked on a last-ditch measure that could fail. The Taxpayers' Alliance
accused ministers of failing to address other options first. Meanwhile,
the International Monetary Fund (IMF) issued a fresh warning that
Britain was on the brink of recession. In its latest World Economic
Outlook, it predicted the UK economy would contract by 0.1 per cent next
year as growth across the developed countries slowed to almost zero.
The downturn will mean lost jobs, with unemployment forecast to rise
from 5.4 per cent to 6 per cent, while public finances were said to be
"considerably weaker" than in previous slowdowns. However, the IMF said
it was expecting Britain to bounce back strongly in 2010.
The £500 billion plan includes the government taking shares of up to £50
billion in leading banks, increasing funds available to banks to £200
billion, and guaranteeing their debts when they lend to one another. The
guarantees are likely to cost up to £250 billion. The Prime Minister
called the plans "bold and far-reaching", but admitted they would offer
no quick fix.
Read full story...
Eight UK banks and building
societies – including Royal Bank of Scotland, Halifax Bank of Scotland,
Barclays, Lloyds TSB and Nationwide – have pledged to increase their
capital by £25 billion but the government will pump in the funds if
called upon. The Treasury also stands ready to make at least another £25
billion available, if necessary. The Bank of England – alongside its
interest rate cut – is taking emergency action to help ensure banks have
enough cash to run their day-to-day activities. It has increased to £200
billion the size of its special liquidity scheme that lets banks swap
risky assets for Treasury bonds.
The government is also making the further £250 billion available for
banks to guarantee debt, but a fee will be charged. Mr Brown moved to
reassure taxpayers they would have the potential to "earn a proper
return" from their investment. There would be "strings attached and
conditions to be met" to protect taxpayer interests.
One key concern is whether there will be controls over the bonuses of
the "fat cat" bank bosses. Gordon Brown, the Prime Minister, said such
issues would be dealt with case by case. Remuneration should be "based
on responsibility, hard work, effort and enterprise", he said. It had
been claimed that RBS bosses, chief executive Sir Fred Goodwin and
chairman Sir Tom McKillop, had offered to leave under a boardroom
clear-out agreed with the government, but this was denied by the bank.
The announcement provided an initial boost to the FTSE 100 index of
leading shares, and in particular to banking stocks, but this fell away
later in the day. The FTSE closed at a loss of 5 per cent – its lowest
close since 2004 – while banks failed to hold on to the huge gains of up
to 60 per cent made earlier in the day.
When Mr Brown stood to address the House of Commons on the package,
which could well determine how his premiership is judged, he was able to
announce the interest rate cut. Central banks across Europe, the US,
Canada and China also reduced interest rates in an emergency move. The
banks hope to encourage nervous consumers and businesses to spend more
freely again after widespread housing, credit and financial problems.
The cut – which was immediately passed on to more than five million
homeowners – was cautiously welcomed by analysts and business leaders.
Miles Templeman, director-general of the Institute of Directors, said:
"Before today's announcement, the financial system was in the deep
freeze. After today, it might be in the fridge, but there is no
guarantee. Nobody should be under any illusion that the financial system
is now fixed. Our concern now is for the real economy and how much it
will slow. "There remains a real risk that the economic downturn under
way will further undermine bank capital due to rising repossessions and
bad debt."
Howard Archer, an economist, of Global Insight, said: "It's not the
magic pill. We have a lot of difficult times ahead. But the first stage
is stopping things getting worse, and the hope is this will help to
stabilise the economy." Martin Weale, director of the National Institute
of Economic and Social Research, said that, for the UK, it was important
that the move came alongside the £500 billion package. He said: "The
international banks concluded there is a major international banking
crisis. Banks were collapsing in Europe, as well as the United States. I
think they rather optimistically concluded a rate cut of this type can
restore confidence." Rate cuts were "a valuable piece on the side", but
he added: "The key issue is for affected countries to do what Britain
has done and show governments are prepared to inject equity capital into
banks that look as though they need it. "We will only be confident the
worst is over when the US adopts a scheme like Britain."
And Louise Cuming, the head of mortgages at moneysupermarket.com,
warned: "This is not a magic cure-all, and we won't see either the
mortgage or the housing market bouncing back to where it was 18 months
ago." Following the announcements, Mr Brown spoke by phone to the French
president, Nicolas Sarkozy, the German chancellor, Angela Merkel, and
the Italian prime minister, Silvio Berlusconi, as well as the EC
president, José Manuel Barroso. The government is expected to hold up
its plan as a potential model for the rest of Europe. The EU – which is
concerned about competition implications of a scheme by Ireland to
safeguard its deposits – later said it saw no problem with Britain's
move.
Is the
Federal Reserve Engaged in Acts of Economic Warfare Against America?
Natural News
(October 8, 2008) - In 1942, German intelligence
officers rounded up skilled Jewish prisoners and launched Operation
Bernhardt, a clever scheme designed to counterfeit hundreds of
millions of dollars worth of British Pounds and destroy the British
economy by flooding it with counterfeit money. Located in the
Sachsenhausen concentration camp, Operation Bernhardt was, even by
modern standards, a runaway success that resulted in the creation of
forged bank notes worth 132 million British Pounds. This "economic
warfare" operation resulted in a devastating economic effect on the
British economy. You can read the true history of this operation
here.
It is important to note that Operation Bernhardt was an act of war,
specifically pursued for the purpose of destroying Britain's economy by
creating so much new money that the value of the money already in
circulation would plummet. This was considered a strategic attack, just
as effective as carpet-bombing tank factories or mowing down soldiers on
the field with German-made MG42 machine guns.
What does all this have to do with the Federal Reserve?
Today, the Federal Reserve is engaged in an eerily similar operation,
counterfeiting trillions of dollars in U.S. bank notes and flooding the
U.S. money supply with money created from nothing. The result, of
course, is the same as was intended by Operation Bernhardt in 1942: The
economic destruction of the target nation. Only this time, the target is
the United States of America.
Hilariously, the Fed claims it's doing this to save the economy.
Yet the laws of economics tell us that flooding the money supply with
trillions of dollars in new money actually harms the economy. And
the Fed has been hard at work causing this harm: $250+ billion two weeks
ago, $600+ billion last week and $900 billion earlier this week! It's
beginning to crank up the printing presses to the tune of a trillion
dollars a week, and by doing so, it's contributing to the
destruction of the U.S. economy at a pace the Third Reich could have
barely imagined.
Read full story...
Has the Fed declared war
on the working class?
If the actions pursued by the Federal Reserve were being masterminded by
Al-Qaeda, they would be denounced as acts of war. In World War
II, such actions were deliberate acts of war. Targeting the
economy for destruction by flooding the money supply with counterfeit
currency is, by any measure, a threat to any nation.
So why is the Federal Reserve engaged in actions that, if committed by
other nations, would warrant a military response? This is not an idle
question. I'm not asking this in a satirical way. I'm quite serious
about this: Why is the Fed committing acts of economic warfare against
the United States of America? (The Fed, by the way, is a private
company. It is not, as you've been led to believe, part of the U.S.
government.) [Some videos presenting the facts
on that
here,
here,
here and
here]
The answer is obvious. You've probably already figured it out: The
Federal Reserve is at war with America. It's an economic war, of
course, not a bombs-and-bullets war. The casualties, though, are just as
real: Savings accounts, retirement funds, bank accounts, jobs,
businesses, pensions and much more.
By counterfeiting trillions of dollars like a Sachsenhausen operation on
steroids, the Fed is carpet-bombing the U.S. economy with an
unprecedented flood of fiat currency, causing the exact same economic
destruction intended by the Nazis in World War II (but on a much more
devastating scale). And it's doing this as part of a new economic war.
Class warfare has begun
What war? The war between the wealthy elite and the working class.
The Fed is working hard, of course, to protect the wealthy elite. Over a
trillion dollars of taxpayer money has already been earmarked to bail
out the rich, elite bankers who lost other people's money in a series of
idiotic bets on fictitious financial instruments.
And what are these bankers doing with this taxpayer money? According to
an Associated Press report published yesterday, executives of the failed
insurance company AIG were sent on a $440,000 retreat "to a posh
California resort" less than one week after the U.S. government bailed
them out. At the spa, AIG executives enjoyed spa treatments, massages,
organic food buffets and bodywork therapy, all while the American
taxpayers footing the bill were slaving away in real jobs, doing real
work. Want to see the invoice for yourself? View it
here.
That's how this new class warfare is taking shape: YOU (the working
class) get all the debt, all the losses, and all the financial burden.
THEY (the wealthy elite) get all the profits, all the luxury spa
treatments, all the tax breaks and billions of dollars in free money
from the Federal Reserve.
In the 1942 Operation Bernhardt, the Germans literally planned to load
hundreds of millions of dollars in British Pound bank notes and air-drop
them over London. The resulting chaos, it was believed, would shut down
the British economy, halting the flow of money needed by Britain to fund
its war effort. In the United States today, the Fed is taking a
different approach: Air-dropping trillions of dollars into the laps and
bank accounts of wealthy bankers and financial institution CEOs,
concentrating the massive creation of fiat currency into the hands of
less than 1% of the population.
And just to make sure the economic carpet-bombing is a complete success,
the Federal Reserve and U.S. government are conspiring to create more
than a trillion dollars in new money each week, then flood those funds
into banks, businesses and insurance companies. This will, of course,
devastate the value of the dollars being saved, held or earned by the
wage slaves who labor their lives away under this economic regime. (That
would be you and me.)
It's a brilliant plan... if you're interested in destroying a nation.
This kind of attack would bring almost any nation to its knees. It's an
act of war that requires no violence, no bombs and no destruction of
real infrastructure. And yet it achieves what every war in history has
ever sought to achieve: The transfer of power from the hands of the
many to the hands of the few. The Federal Reserve, in effect, has
become a modern-day economic Third Reich, and it has set its sights on
the U.S. economy.
Acts of economic terrorism?
The Federal Reserve is now doing to the U.S. what the terrorists could
never have accomplished: The destruction of a large portion of its
economy, its currency and the savings of its people. The economic losses
of 9/11 pale in comparison to the financial destruction that has been
unleashed onto America by the Federal Reserve.
Yet, amazingly, it wasn't "terrorists" who put this plan into place. Who
was it, exactly? Your Congressional representatives played an
important role in allowing this to happen. In a grand, historical
betrayal of the American people, members of your own U.S. House of
Representatives and Senate voted to initiate a massive economic coup in
America, violating the wishes of 99% of the American people (who are
aligned against bailing out the rich on the backs of the poor).
Of course, to hear them explain it, their actions are meant to save
the taxpayers. Yep, that's their plan: To save YOU, the taxpayer, by
confiscating your money and handing it over to the wealthy elite. And
whatever money can't be stolen from the taxpayers will be counterfeited
by the Fed's money-creation machine.
The Real Agenda: A Massive Transfer of Wealth
We are not watching an economic rescue, friends. We are watching an
economic coup.Creating and dumping trillions of dollars into the
money supply is an act of war. But it's a war with a specific
purpose.
What's happening right now is that the United States is being taken
over by King Henry and his accomplices. More than fifty percent of
the housing and nearly twenty percent of the entire U.S. economy is now
controlled by one person -- Henry Paulson -- and that person answers to
no one. He isn't elected, he can't be removed from office, and he's
subject to no law.
King Henry controls unlimited funds. He can print any amount of money,
or confiscate any amount from the taxpayers (by spending taxpayer
dollars to bail out his rich friends). If the Federal Reserve is the new
Third Reich, King Henry is its Hitler.
The economic war has already been lost by the People. It was lost on
September 30, 2008, when Congress surrendered the U.S. economy to King
Henry. The People now own nothing but paper money and ephemeral digital
account numbers, all of which could be turned into worthless digits
overnight by a single decision from King Henry.
In this economic bailout and the Fed's unlimited creation of new money,
America has suffered the greatest act of economic warfare in our
nation's history. Note carefully that it wasn't conducted by the Nazis,
Saddam Hussein or Al Qaeda. It was, in fact, put into place by 172
Democrats and 91 Republicans in the House, and a similar majority in the
U.S. Senate. (See the complete list at the original article source
linked above.) more...
Federal Reserve, ECB and Bank of England make emergency interest rate
cutsTelegraph UK
(October 8, 2008) - The Federal Reserve, the
European Central Bank and the Bank of England have all cut interest
rates in an emergency move to restore confidence in the global financial
system. The Fed cut its benchmark rate by a half point to 1.5 pc, the
central bank said in a statement. The ECB and central banks of the U.K.,
Canada, Sweden and Switzerland are also reducing rates, the Fed added.
"The recent intensification of the financial crisis has augmented the
downside risks to growth and thus has diminished further the upside
risks to price stability," according to a joint statement by the central
banks. "Some easing of global monetary conditions is therefore
warranted." The move comes as the turmoil in financial markets deepens
and the UK today unveiled a £500bn rescue package for the country's
banking sector.
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National Interests and European Foreign Policy
Council of the European Union - Javier
Solana
(October 7, 2008) - I would like to thank the
Stiftung Wissenschaft und Politik for convening this conference. It
follows a good tradition. For many years it has hosted the NATO Review
Conference. As NATO General Secretary I valued these intense political
brainstormings. It is timely to launch a similar exercise for our Common
Foreign and Security Policy.
Next year, it will be ten years since the Kosovo crisis, which played a
fundamental role in the creation of the European Security and Defence
Policy. The European Security Strategy will see its 5th anniversary in
December. So this is a good moment to look back. But even more to think
about the future. I hope and expect this conference to contribute to
tangible progress in the evolution of Europe's global role.
At the request of the organisers, my intervention will focus on the
question of national interests and how they relate to building a common
European foreign policy. This is not an easy topic. These days, when
debating foreign policy, the concept of "national interest" can seem
outmoded and unattractive. In both public opinion and specialist
circles, we tend to associate the idea with the cynical pursuit of
self-interest.
Take historical figures like Machiavelli: "it is far safer to be feared
than loved". Or Lord Palmerston: "my country has no permanent friends,
only permanent interests". We like to think diplomats have moved beyond
that kind of thinking in the twenty-first century.
In the European context this feeling becomes stronger. European
integration has been built on compromises. So a ruthless pursuit of
national interests sits ill with the European method of
consensus-building. But are national interests and European foreign
policy therefore incompatible?
It would be tempting to say yes. But that would miss an important point.
For I think the relationship
is more complex. Properly defined, national interests have a place in
European policy-making, What has changed in Europe is how people define
their interests and, even more, the structure in which they pursue them.
The point is not that we have abolished national interests in the
European Union. Rather, the point is that we agree that the best way to
safeguard these interests is by working together. Moreover, working
together helps to create and identify common European interests. So, it
is a two-way street. This is a fundamental truth, which bears repeating.
To avoid any misunderstanding: values matter as much as interests. A
foreign policy which is not informed by our values is neither possible
nor acceptable. This very much applies to the European Union. Values are
at the core of our external actions and an expression of our collective
identity. We promote them because of who we are. But also because it is
in our interest to do so.
This explains why the European approach to international relations is
characterised by the primacy of international law; the search for
consensual solutions; and a commitment to making multilateral
institutions effective. This is the European way. What we do abroad is
shaped by who we are. Not only is this approach right. It is also very
effective, as the history of Europe over the last fifty years
demonstrates.
There is another aspect to all this. The very concept of national
interest has changed in our globalised world. In a nutshell:
interests have gone global. We face common problems. You all know
the list: terrorism, climate change and energy security, proliferation,
organised crime, failing states. These are complex and interconnected
problems. They defy simple solutions.
No country acting alone can solve them. So, national and collective
interests are linked. You cannot pursue one at the expense of the
other. Of course there will always be differences of emphasis, based
on history, geography and the electoral cycle. We should be aware of
these differences - and discuss how they can be overcome. But
the collective, common interest is clear. Global and complex issues
require global answers.
So much for the theory. How to do it in practice, in a Union of 27
member-states? By working hard every day. I believe it is possible,
because there is such a thing as common European interests. Let me try
to explain.
First, I believe it is an interest in itself for the 27 Member states to
build unity. Unity is the best way to be heard in a globalised world.
Unity is a precondition for Europe to be effective. In turn, being
effective helps with creating unity, as the Balkan and Georgia conflicts
have shown.
Second, there is the inter-connected nature of the threats that we face,
as I mentioned earlier. We have a common interest in addressing complex
threats, diplomatically and through collective action on the ground.
What is stated in principle must be demonstrated in practice. And Europe
is doing just that, tackling crises in our neighbourhood and beyond.
Let me mention some examples which seem of special relevance.
The Iran nuclear issue is a case in point. The importance of the Iranian
issue cannot be over-stated. At stake is nothing less than the
treaty-based system of non-proliferation. Europe's role has been
central. We have been at the forefront of international efforts to solve
this sensitive and complex issue, working through the multilateral
system. It is consistent with the objectives, interests and values we
uphold. We hope for success, but know that it will require cooperation
of many actors, first of all Iran.
Or take the Western Balkans. The scale of the EU commitment to putting
that region on a path of sustainable peace, reconciliation and growth is
unprecedented. From Bosnia Herzegovina to Kosovo, from Serbia to FYROM
Europe is seen as an indispensable anchor of stability and development.
Europe is committed to the Balkans for good reasons. This is an area of
strategic importance. And our engagement has made the difference, even
in very sensitive issues like relations with Kosovo and Serbia. I do not
deny or downplay the challenge that was posed by Kosovo's independence -
including among EU Member States. But we delivered.
The Union agreed on a common interest in ensuring stability and security
in Kosovo, and deployed the EULEX mission to achieve that aim. We were
right. Since February, we have seen positive trends in both Kosovo and
Serbia, with the EULEX mission gradually deploying and a pro-European
political constellation in Belgrade.
All this would have been impossible without the impulse and political
initiative from the European Union - and especially the incentive of the
European perspective. Compare this situation to the mid- 1990s. The
progress we have made is remarkable.
Then there is Georgia. The initiatives taken by the European Union,
under the leadership of the French Presidency, were key to preventing
further dangerous escalation. It is too early for final judgements at
this stage. But over the last two months the EU has been crucial to
establishing a path through the crisis, and providing the means, with
the EU Monitoring Mission to doing so.
Let me conclude. National interests and European foreign policy have to
be linked. But it should be clear that in a globalised world, national
interests can best be achieved through collective action. European
foreign policy is work in progress. We all know that we can and should
improve the efficiency of our decision-making and the effectiveness of
our actions. But perhaps paradoxically, the Georgian crisis gives me
hope. It showed that strong political will and good co-ordination
between the institutions and Member States is critical. And that it can
be forthcoming when we need it.
Now we need to ensure that the same conditions will be there in the
future.
The Treaty of Lisbon will be a central part of delivering that. A
swift entry into force of that Treaty is clearly in our common interest.
Dear friends, The world today is more complex and interconnected. Our
approach of bringing together member states into collective positions
which are stronger than the sum of their parts, is the only realistic
response. It is in our interest to continue on this path. Thank you very
much.
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Solana| NewWorldOrder|
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Europe is being set up as the
model for which the rest of the world should follow suit in working
together and better integrating to make a better world. It sounds
great, but as we've seen historically the leaders with the power
misuse it to the detriment of the people and according to Bible
prophecy, the ultimate incarnation of this will be seen in the man
of sin who will rise to power from the
revived Roman Empire and from among
10 kings to gain global influence and eventually control the
world by his policies.
See chart Just a quick review, the man delivering this
"intervention" has held and holds the following positions:
Ever heard of
him?
So could this really be coming to pass now under the
radar of the world and even Christians? As the financial collapse
helps push international cooperation along with business deals
(shipping jobs and manufacturing overseas) and the war on terror,
are we being smoothly nudged into the New Age that's been talked
about for many years? Considering all the signs from many angles,
I've only been more convinced as time goes on that we indeed are at
that point in the history of mankind as foretold in the Bible. Keep
watching and praying!
George Bush to summon leaders to emergency finance summitTelegraph UK
(October 7, 2008) - The prospect of a high-level
global meeting came as the US central bank launched a new bid to
unfreeze credit markets by effectively lending billions of dollars to US
companies. The Federal Reserve moved after lending in the commercial
paper market - where companies raise money from the open money markets -
all but ceased, raising a serious threat to many American businesses'
operations. "This facility should encourage investors to once again
engage in term lending in the commercial paper market," the Fed said.
The Fed's move -- which puts billions of dollars of US taxpayers' money
at risk -- was the latest sign of how desperate American leaders are to
unblock the global financial system and avert a severe recession. Mr
Bush underlined that message personally on Tuesday in conversations with
other world leaders. The Prime Minister, Nicolas Sarkozy, the French
President and Silvio Berlusconi, the Italian Prime Minister, spoke with
the United States President by telephone. Mr Bush urged his European
counterparts to coordinate efforts to solve financial crisis spreading
around the globe. All are expected to agree to attend a meeting if the
details can be thrashed out.
Downing Street said it was "a good idea" and welcomed the President's
close attention to events in Europe. The idea was floated by Mr Sarkozy,
who holds the presidency of the European Union. Dana Perino, the White
House press secretary, said: "The president obviously talked to
President Sarkozy about his idea to have a meeting. The president's open
to that." The venue for the meeting would still have to be decided,
although Washington is the likely destination.
Mr Brown squeezed in a last-minute meeting with Mr Bush when he was in
America two weeks ago, prior to Congress agreeing the £700 billion
rescue plan that had been proposed by Hank Paulsen, the United States
Treasury Secretary. At that stage the problems of Europe seemed to
relatively minor compared to the crisis unfolding on Wall Street, but
events in Europe and elsewhere in the last week have highlighted the
need for concerted and co-ordinated action.
In Luxembourg EU finance ministers on Tuesday said that they will talk
daily in future and "ensure a comprehensive and coordinated response to
the current situation." They agreed to guarantee private savings of up
to Euro 50,000 (£38,900) for one year after failing to agree on a higher
limit of Euro 100,000 (£77,800). The new limit is below the protection
already offered by many EU countries, including the UK.
EU governments have been trying to restore confidence after a series of
bank bailouts last week and a "beggar-my-neighbour" scramble by
individual countries to increase deposit guarantees, started by
Ireland's promise to underwrite 100 percent of deposits. Disparities in
EU states' treatment of banks is unnerving investors and prompting
savers to shift billions across borders.
In another unilateral European move, Spain on Tuesday announced it was
setting up a £30 billion fund to help the financial sector. Taro Aso,
the Japanese Prime Minister, said he was concerned that the EU leaders'
failure to agree a seamless response to the banking crisis will cause
continued turmoil in world markets. Mr Aso said: "European leaders have
met, but it didn't go well, and European financial markets have
fluctuated rapidly and substantially, so I'm worried about the impact on
Japan."
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European Crisis Deepens; Officials Vow to Save Banks
Bloomberg
(October 6, 2008) - The credit crunch deepened in
Europe as government leaders pledged to bail out troubled banks and
protect depositors. BNP Paribas SA will take control of Fortis's units
in Belgium and Luxembourg after government efforts to ensure the
company's stability failed, while Germany's government and financial
institutions agreed on a 50 billion euro ($68 billion) rescue package
for Hypo Real Estate Holding AG. U.K. Chancellor of the Exchequer
Alistair Darling said Britain is "ready to do whatever it takes" to help
its banks.
The developments yesterday came a day after a summit in Paris where
leaders of Europe's four biggest economies stopped short of a plan
mirroring the $700 billion rescue in the U.S. to counter the worst
financial crisis since World War II. Instead, they agreed to work
together to limit the economic fallout, ease accounting rules, and seek
tougher financial regulations. "Until now the solutions have appeared to
be uncoordinated, so perhaps it's time for a more coordinated approach
globally," said Torsten Slok, an economist at Deutsche Bank AG in New
York. "It's not just the U.S. and Europe, it's banks in every part of
the world."
The euro slid to a 13-month low against the dollar and Treasuries rose
as the credit crisis spread outside the U.S., prompting investors to opt
for less risky investments. Asian stocks fell for a third day, led by
financial companies.
`New World'
French President Nicolas Sarkozy, who convened the Oct. 4 meeting,
called for a global summit "as soon as possible" to implement "a real
and complete reform of the international financial system." He said "all
actors" must be supervised, including credit-rating firms and hedge
funds. Executive-pay systems must also be reviewed, he said. "We want
a new world to come out of this," Sarkozy said. "We want to set up
the basis for a capitalism of entrepreneurs, not speculators." Finance
ministers from the Group of Seven industrialized nations meet in
Washington later this week.
German Chancellor Angela Merkel's opposition to collective action
underscored the hurdles to a European front. "Each country must take its
responsibilities at a national level," she told a joint press conference
after the summit. Germany will guarantee the savings of private account
holders, Merkel said, in a bid by Europe's biggest economy to prevent a
rush of withdrawals. Denmark said today commercial lenders will provide
as much as 35 billion kroner ($6.4 billion) over the next two years to a
fund to insure depositors against losses.
Read full story...
Deposit Guarantees
Until now, German savings accounts, including those of small, privately
held companies, have been guaranteed by 180 banks in Germany, the BDB
private banks group said on Oct. 2. The guarantees of the banks covered
90 percent of an account's balance to a maximum of 20,000 euros, the
group said. The German and Danish governments' commitments follow
similar verbal pledges by Sarkozy and Italian Prime Minister Silvio
Berlusconi, both of whom have promised to prevent losses for depositors
in their countries. Ireland is guaranteeing banks' deposits and debts
for two years, to restore confidence in the country's financial
industry. Amid the race to shore up Europe's faltering financial
institutions, BNP Paribas, France's biggest lender, agreed to pay 14.5
billion euros for control of Fortis's units in Belgium and Luxembourg.
BNP Paribas
The sale comes after a Sept. 28 bailout failed to stabilize what was
Belgium's biggest financial-services provider, as clients withdrew money
and the company had trouble obtaining loans. Fortis received an 11.2
billion euro capital injection from Belgium, the Netherlands and
Luxembourg. The Belgian government will have an 11.6 percent stake in
BNP Paribas, and Luxembourg a 1.1 percent holding, after the purchases
are completed, BNP Paribas said in a statement today.
On Oct. 3, the Dutch government took control of Fortis's units in the
Netherlands for 16.8 billion euros after deciding the initial rescue
didn't go far enough. Meanwhile, Hypo Real Estate won a reprieve after
Germany's finance ministry said the country's banks and insurers agreed
to double a credit line for the company to 30 billion euros. The federal
government's guarantee for the credit line remains unchanged, Torsten
Albig, a spokesman for Finance Minister Peer Steinbrueck, said late
yesterday in an e-mailed statement.
Too Big to Fail
Munich-based Hypo Real Estate had earlier announced that a
government-backed 35 billion-euro bailout plan collapsed after
commercial banks withdrew their support. The government and the
Bundesbank have said that the nation's second-biggest property lender is
too big to fail. The Hypo reprieve comes after Dexia SA, the world's
biggest lender to local governments, got a 6.4 billion euro state-backed
rescue on Sept. 30. Belgium's federal and regional governments, France
and the company's largest shareholders will supply the funds for
Brussels- and Paris-based Dexia.
Meanwhile, UniCredit SpA, Italy's biggest bank by assets, said it
planned to boost capital by as much as 6.6 billion euros in an effort to
calm investors' concerns about the strength of the lender's finances.
The capital-raising project approved late yesterday by the bank's
directors includes replacing the lender's cash dividend for 2008
earnings with 3.6 billion euros of new shares, and selling 3 billion
euros of convertible securities.
Helping Banks
In the U.K., Darling said the government, which took over Bradford &
Bingley Plc last week, is ready to offer further support to banks that
may get into financial difficulty. He did not rule out a further
injection of capital for failing institutions. "We are ready to do
whatever it takes, and that is, we've put money in to help banks
generally," Darling told the British Broadcasting Corp.'s Sunday AM
program. "There are other measures we will be taking too, and I will
announce them when we are ready to do that."
Darling's boss, Prime Minister Gordon Brown, was among the leaders
gathered in Paris, along with Berlusconi, Luxembourg Prime Minister
Jean-Claude Juncker, European Commission President Jose Manuel Barroso
and European Central Bank President Jean- Claude Trichet.
Severe Crisis
"The good news out of the Paris meeting is that the European heads of
state now recognize the severity of this crisis," Goldman Sachs Group
Inc. economists Natacha Valla and Erik Nielsen said in a note to
investors. "A pan-European approach would be much preferred, but given
the urgency and complexities of organizing such measures between
different fiscal regimes, national measures -- coordinated to the extent
possible -- might still be good enough."
The leaders agreed on policy recommendations touching on regulation and
accounting and said they'd press for looser enforcement of budget and
competition rules at the EU level. They said they would seek to
harmonize guarantees of deposit levels. The U.K. bank regulator
increased its insurance ceiling to 50,000 pounds ($88,300) per account
from 35,000 pounds to stem a flow of funds to Ireland after officials in
Dublin guaranteed all debts and deposits of its banks.
Policy Recommendations
Anticipating increased spending, declining tax revenue, and government
bank takeovers, European leaders called for "greater flexibility" in the
application of the EU budget ceiling. European finance ministers last
month pledged to keep their budget deficits below 3 percent of gross
domestic product even as the economic slowdown dents tax receipts and
boosts welfare payments. The leaders said they want to allow banks to
keep some assets valued as if they'd be held until maturity, instead of
having to review their value each quarter.
They also said they want to change accounting rules that require banks
to review their holdings each quarter and report losses when the values
decline, the so-called mark-to-market standard. Banks worldwide have
written down more than $580 billion since last year, according to data
compiled by Bloomberg.
Four
European nations call for new EU body to supervise banks
Breitbart.com
(October 4, 2008) - Four major European nations
agreed Saturday to set up within the European Union a body to supervise
banks as part of their efforts to stem the spread of the financial
turmoil, triggered by the U.S. subprime mortgage crisis, in Europe. In a
statement released after an emergency summit in Paris to deal with the
financial crisis, leaders of Britain, France, Germany and Italy said
mechanisms should be established within the European Union to oversee
cross-border European financial institutions and enhance international
cooperation.
The four nations also agreed that should public support be necessary for
ailing financial institutions, it should take place in "a framework
which recognizes adequate protection of taxpayers' money, the
responsibility of managers, and shareholders to bear their share of the
burden." They welcome the decision of the European Investment Bank to
mobilize 30 billion euros of support for small and medium size European
enterprises and urge the bank to frontload this effort, the statement
said.
The four European Group of Eight member nations also agreed that the
application of the Stability and Growth Pact, which governs fiscal
policies of EU member states, should "reflect the current exceptional
circumstances." The pact requires EU member states to limit the size of
their budget deficit to less than 3 percent of gross domestic product.
But the agreement by Britain, France, Germany and Italy suggests they
will tolerate the deficit of an EU member state breaching the 3 percent
of GDP threshold if it occurs as a result of the nationalization of
failed financial institutions.
The four nations also expressed strong support for the recent actions
taken by the European Central Bank and other European central banks to
respond to the financial crisis and pledged to "take all the necessary
measures" to ensure the soundness and stability of the European banking
and financial system. French President Nicolas Sarkozy told a press
conference after the summit that an emergency G-8 summit should be
convened to discuss and come up with global countermeasures for the
crisis. In addition to British Prime Minister Gordon Brown, German
Chancellor Angela Merkel and Italian Prime Minister Silvio Berlusconi,
other European leaders, including ECB President Jean-Claude Trichet
attended the summit.
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Rebuilding EU-US relations
Euractiv
(October 3, 2008) - "There is a new window of
opportunity to rebuild relations between the US and the EU as the Bush
era draws to a close," according to Ronald D. Asmus, executive director
of the Brussels-based Transatlantic Centre, a think tank. To do this,
the United States and Europe need to define a common strategic agenda,
argues Asmus's November paper. Deepening their economic integration
ranks highly among the issues on which they must cooperate more,
believes Asmus.
Rather than lowering tariffs or trade barriers, the aim here should be
to create more common regulatory frameworks that eliminate barriers to
trade and investment altogether, the author argues. Not only would
leadership on this issue boost the GDP of both countries, it would also
"assure the stability and openness of the global economy in this new
era," he argues.
Asmus also calls on the "United States and Europe to define cooperation
in homeland security to defend their societies and borders against the
risk of terrorist and bio-weapon attacks". Furthermore, the two
continents should aim to create fully liberalised visa regimes and
travel between the United States and Europe because "such openness has
tremendous potential to touch the lives of average citizens and bring
both sides of the Atlantic back together". In Asmus's view, the
transatlantic alliance should also promote democracy and freedom beyond
its own borders and embrace those who seek to join the democratic
community. Indeed, he states: "Keeping our doors open and anchoring
young democracies while confronting a more nationalistic and assertive
Russia is again at the top of the transatlantic agenda." Nevertheless,
he says that the United States and Europe are not yet able to pursue a
new and broader transatlantic agenda. He believes "we need to get the
plumbing – the day-to-day processes of working together – of a new
transatlantic relationship right" first.
In today's world, the US does not only need to cooperate with Europe on
military and defence issues, but other policy domains such as energy,
health and the environment, Asmus argues, all of which are within the
competence of the EU. Thus, the United States cannot afford to have
strong relations with NATO alone. "It needs strategic engagement with
both organisations," he claims. To ensure that the transatlantic
alliance works in practice, Asmus suggests that pragmatism should be the
guiding principle, stating: "Washington and Brussels should embrace the
well-known lesson of past transatlantic disputes: first work it out in
practice; then rewrite the theory." To conclude, Asmus hopes that the
next US president will have "the vision and the will to make the right
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NATO and EU to
pool helicopters and air carriers
EU Observer
(October 2, 2008) - Both the EU and NATO seek to
pool their defence capabilities drawn from the same European countries,
after having experienced similar shortfalls in helicopters and air
carriers in their missions in Chad and Afghanistan. The idea has been
championed by the French EU presidency, which hopes to see several
concrete initiatives adopted in November by EU defence ministers.
At an informal EU defence minister meeting in Deauville on Wednesday (1
October), France obtained the backing of several member states for
initiatives such as setting up a trust fund to upgrade Europe's
helicopter fleet to make up for shortfalls in helicopters and transport
aircraft needed for quick and effective EU deployments abroad. The final
decision will be taken at a formal defence ministers' summit in Brussels
on 10 November.
The shortfall in helicopters was already highlighted on Monday, when
General Patrick Nash, the operational commander of the EU mission in
Chad told a press conference in Brussels that four helicopters might be
soon borrowed from Russia, with talks being at "a very advanced stage."
Yet the problem is not unique to the EU mission, as NATO and the United
Nations experience similar challenges.
General James Mattis, in charge of NATO's capability development and
transformation, recently met his EU counterpart, the chief executive of
the European Defence Agency, Alexander Weis, in order to find "areas of
common interest", such as helicopter and airlift capabilities. "In
regards to airlift, helicopters, medical transports – whether it is an
EU mission to Darfur or a NATO mission somewhere else, we just need
those capabilities," General Mattis told journalists at a briefing on
Wednesday during NATO Industry Day, which took place in Brussels.
He also stressed that when the EU and NATO draw on troops, they do it
"from the same population of forces", which means that the two entities
need to look for solutions that "resonate with each other, not
contradict each other." "We're not a the point right now where the EU
and NATO are working that closely, although they're starting," General
Mattis said. Read
full story...
The French connection
Yet France might play a pivotal role in this regard, with President
Nicolas Sarkozy setting the improvement of EU defence capabilities as a
precondition for his country to rejoin NATO's military structure, which
is expected to take place at NATO's 60th anniversary summit in April
next year.
French defence minister Herve Morin proved his commitment to pool EU
military capabilities even when asked if the current global financial
crisis will have an impact on the member states in terms of defence
spending. "There are two ways you can face an economic crisis, when you
have reduction in state revenue," Mr Morin said on Wednesday after the
ministers meeting in Deauville.
"One is to say, let's forget everything and say there is nothing we can
do in the future. The other reaction is to say, we may have less
available, so let's pool our resources. That's a more intelligent
response, surely. Let's share we've got, if we are going to have less,"
he urged.
Boeing for NATO, Airbus for EU
While the French defence minister was unveiling in Dauville a plan to
lend Airbus A400M transport planes between EU countries or to create a
multinational fleet at their disposal, in Brussels 10 NATO countries
plus Sweden and Finland signed a deal to jointly buy and operate three
Boeing C-17 carriers.
This NATO initiative, called Strategic Airlift Capability (SAC) "will
support operations in Afghanistan and elsewhere, as well as other
national missions, including EU and UN missions", Peter Flory, NATO
Assistant Secretary General for Defense Investment said in a press
release.
The 10 NATO members involved in SAC are Bulgaria, Estonia, Hungary,
Lithuania, Netherlands, Norway, Poland, Romania, Slovenia and the United
States, while the planes are to be placed at the Hungarian air base Papa
early next year.
Foreign economists urge 'global plan'
The Washington Times
(October 1, 2008) - Leaders and economists from
Western Europe to East Asia Tuesday urged the United States to go beyond
reviving a failed domestic bailout and start working on a new global
financial system. Associated Press Traders at MICEX, the Moscow
Interbank Currency Exchange, watch and wait during a tense session in
Moscow on Tuesday when stock indexes sank despite a two-hour trading
halt. "The Americans don't have a choice — they must absolutely have a
global plan," Christian Noyer, head of the French central bank, said in
Paris.
David Smick, a global strategist and author of "The World Is Curved:
Hidden Dangers of the Global Economy," said the next U.S. president
should immediately call for a second "Bretton Woods" conference to
devise a new doctrine of international finance. The tiny New Hampshire
town hosted a conference shortly after World War II that established
rules for economic interchange among the world's industrial powers and
created the World Bank and International Monetary Fund. "I am convinced
that the sickness runs deep and that we need to rethink the entire
financial and monetary system, as we did in Bretton Woods ... to create
the tools for worldwide regulation made necessary by the globalization
of trade," French President Nicolas Sarkozy said in the French city of
Toulon on Monday.
He said that officials from France, Britain, Germany and Italy will meet
next week in Paris with the Continent's top financial officials to
prepare for a proposed global summit on the economic crisis. European
Central Bank President Jean-Claude Trichet will participate. The
27-nation European Union said Tuesday that the crisis "has become a
global problem" and Washington has a "special responsibility" to resolve
it. German Chancellor Angela Merkel took aim at the House failure to
pass the Bush administration's $700 billion bailout proposal, which
sparked a global stock market plunge. She called the package a
"precondition for creating new confidence in the markets." Kaoru Yosano,
the Japanese minister of economic and fiscal policy, agreed. "The
outcome has caused a major impact on not only the U.S. economy but also
the world economy," he said.
Until a few weeks ago, foreign governments were blase and even gloated
about U.S. financial woes, Mr. Smick said. "The decoupled theory has
taken a crash landing," demand is plummeting worldwide and foreign
financial institutions have been forced to come to terms with their own
"toxic waste," he said.
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France's Sarkozy battles fallout from financial crisis
AFP
(September 29, 2008) - President Nicolas Sarkozy
on Monday battled to contain fallout from the global financial crisis,
moving ahead with plans for a world summit and calling a meeting of
French banking and insurance chiefs. France will host a meeting of
European officials to prepare a summit "in the coming weeks to
establish the basis of a new international financial system," said
Sarkozy, whose country holds the presidency of the European Union.
Officials from Britain, France, Germany and Italy -- the EU members of
the G8 -- will meet in Paris in the coming days to lay the groundwork,
he said on the sidelines of an EU-India summit in the southern city of
Marseille.
On Tuesday, the president is to meet at the Elysee presidential palace
with banking and insurance company chiefs to take a close look at the
health of French banks and review the credit level of French households
and businesses. The announcements came as the Franco-Belgian bank Dexia
announced an emergency board meeting after liquidity concerns sent its
shares into freefall. Dexia's shares closed Monday down 30 percent on
the Paris exchange, at seven euros worth less than a third of their
value this time last year.
Belgium's federal government announced late Monday that it had
tentatively agreed, along with its three main regions and shareholders,
to help prop up the embattled bank -- less than 24 hours after stepping
in to rescue Belgian-Netherlands banking and insurance giant Fortis.
"During consultations between the federal government and the three
regional governments (Wallonia, Flanders and Brussels) this afternoon,
they confirmed their in-principle agreement to take part in a joint
effort to boost Dexia group's funds," a statement said. The statement,
distributed by the office of Prime Minister Yves Leterme, made no
mention of financial details but Belgian media said the support could
amount to seven billion euros (10 billion dollars).
Read full story...
On Sunday, the Benelux countries stepped in to partially nationalise
Fortis, increasing fears the crisis that has wiped out several US and
British banks was spreading across Europe. Sarkozy warned in a major
address last week that France would not be spared from the turmoil
unleashed by the US banking crisis. In Paris, the CAC 40 index plunged
5.04 percent to 3,953.48 points Monday in line with other European stock
markets.
A further sign of economic trouble came with the release Monday of
jobless figures showing that 41,300 people joined the ranks of France's
unemployed in August, the biggest monthly spike since 1993, bringing the
figure to 1,949,600. The government convened a crisis meeting of job
sector officials late Monday to discuss the figures, which have
compounded worries about the financial storm. Critics accused the
government of deceit, saying that for months it had touted progress in
economic reforms when the jobless situation was less than rosy even
before the financial storm struck.
Last week Sarkozy insisted the government would "guarantee the security"
of the French banking system and warned he would "not accept that a
single customer loses a single euro" to collapsing banks. The right-wing
president won election in May 2007 on a promise to rev up the economy
and bring unemployment -- long the nation's number one concern -- down
to five percent. The government unveiled a draft budget on Friday that
scrapped a pledge to stamp out the deficit by 2012 and as Paris
struggled to rein in public spending amid sluggish growth. "We are in a
quasi-recession," said presidential adviser Henri Guaino.
France is headed into a "difficult period" and the government will "do
everything that is necessary" to prevent the economy from taking a
nosedive, Guaino said. Economy Minister Christine Lagarde said she
nevertheless expected 2009 to end with a jobless rate of 7.1 percent,
down from 7.2 percent in the second quarter of 2008. That figure was the
lowest rate in 25 years, capping a steady decline in the unemployment
rate that had even allowed the problem to slide off the national radar
over the past year. Opinion polls show purchasing power has replaced
unemployment as the number one concern of the average French voter.
Lagarde also Monday unveiled a plan to help French households from
falling into a credit trap after the Bank of France said 88,000 people
had filed for personal bankruptcy over the past four years, an increase
of 70 percent.
They're
working to "establish the basis of a new
international financial system"
huh? Where is this leading do you think? What is the cheapest way to
implement a new international financial system in a short period of
time? Technology... and
the technology is here now.
Obama: “I will ask for your service and your
active citizenship when I am president of the United States ... this
will be a central cause of my presidency."[1]
Obama: "People of all ages, stations, and skills
will be asked to serve.... I will set a goal for all American middle
and high school students to perform 50 hours of service a year, and
for all college students to perform 100 hours of service a year...."[2]
Saul Alinsky (Obama's Marxist mentor): "The
disruption of the present organization is the first step toward
community organization.... All change means disorganization of the
old and organization of the new."[3] Rules for
Radicals (excerpts
here)
Brave New World: "A really efficient totalitarian state would be
one in which the all-powerful executive of political bosses and
their army of managers control a population of slaves who do not
have to be coerced because they love their servitude. To make them
love it is the task assigned... to ministries of propaganda,
newspaper editors and schoolteachers."[4]
Aldous Huxley
“These are serious times," said Barack Obama recently.
"And they call for a serious debate about where we need to take the
nation.”[5] That's true! So where does he want "to
take our nation?" How does his version of "service" fit his vision of
CHANGE? And what will it cost in terms of freedom, privacy, taxes, and
government control?
There's nothing wrong with the old voluntary, personal service to the
poor and needy. For centuries, Christian missionaries have given their
lives and comforts to serve God among the sick, hungry and dying people
in distant parts of the world. Others have shown the same God-given
compassion in their own community. They've demonstrated His love, shared
His Truths, and brought hope as well as help to the needy.
Obama's plan is radically different. Aimed at socialist change, it would
raise "religious" boundaries, limit free speech, and ban divisive
truths. It must be tolerant of today's amoral values and militantly
intolerant toward traditional values. And -- like the tactics outlined
in Saul Alinsky's "Rules
for Radicals" -- it would use deception and "agitation" to create
conflict, and the Hegelian/Marxist
dialectic process to manipulate minds and establish the planned
solidarity.[6]
Obama learned all about it during his years as "Community Organizer" in
Chicago.
Read full story...
THE TRANSFORMING POWER OF "SERVICE LEARNING"
"Service learning" isn't a new phenomenon. It has been well tested by
U.S. educators for more than a decade. What's new is the scale of
Obama's plan. His massive system would press students and citizens of
all ages in a revolutionary government-led program to change the way we
think and relate to each other. A more descriptive term would be
mass
brainwashing! He outlines it on
his official website:
"Expand Service-Learning in Our Nation's Schools:
Obama will set a goal that all middle and high school students do 50
hours of community service a year. He will develop national
guidelines for service-learning and will give schools better tools
both to develop programs and to document student experience."[7]
National guidelines? Documenting each server? Such
traditional words now carry
new meanings[8] and requirements unknown to the public. Service
learning implies socialist indoctrination through facilitated
group
dialogue designed to break down barriers, manipulate minds, and
build unity in diversity. All members will be monitored and
tracked
by massive computer networks. And all the personal attitudes, beliefs,
values, adaptability, and especially resistance to the planned change --
i.e. all the countless factors that now define a person's "mental
health"[9] -- will be recorded within these
systems. Does that remind you of China's
dang'an -- the growing personal data file that follows each Chinese
citizen through life?
It should, because America is following the well-tested footprints of
Communist dictators in both China and Russia. As I pointed out in my
last article
on the Olympics, China is using (and testing) sophisticated American
technology to advance its universal and transformational surveillance
system. This fact sheds some sobering light on Obama's promise that,
"...we'll use technology to connect people to
service.... You'll be able to search by category, time commitment,
and
skill sets; you'll be able to rate service opportunities, build
service networks, and create your own service pages to track your
hours and activities. This will empower more Americans to craft
their own service agenda, and make their own change from the bottom
up."[10]
"Make their own change?" That may sound good, but
there would be no freedom to deviate from the new
evolving guidelines. Besides, all this personal information would be
available to government leaders and facilitators.
"I will call on a new generation of Americans to join
our military.... I will expand AmeriCorps to 250,000 slots, and make
that increased service a vehicle to meet national goals like providing
health care and education,
saving our planet and restoring our standing in the world, so that
citizens see their efforts connected to a common purpose...."[2]
Meanwhile, each crisis -- real or contrived -- will be
used by today's "change agents" to raise the dissatisfaction, passion
and justification needed to speed the planned change.[11] "We are on the verge of a global transformation," said
David Rockefeller. "All we need is the right major crisis..."[12]
OBAMA'S TRAINING IN REVOLUTIONARY CHANGE
Thomas Sowell understands this transformation well.
"As a young political leftist, I saw the left as the voice of the common
man. Nothing could be further from the truth," he wrote in his book
aptly titled "Is Reality Optional?" He continued, "Running left-wing movements has always been the
prerogative of spoiled rich kids. This pattern goes all the way back to
the days when an over-indulged and affluent young man named Karl Marx
combined with another over-indulged youth from a wealthy family named
Friedrich Engels to create the Communist ideology.
"The phoniness of the claim to be a movement of the
working class was blatant from the beginning. When Engels was elected as
a delegate to the Communist League in 1847, in his own words, 'a working
man was proposed for appearances sake, but those who proposed him voted
for me.' It may have been the first rigged 'election' of the Communist
movement but it was certainly not the last."[13]
Obama attended the elite Punahou School in Hawaii. He
studied at prestigious universities such as Columbia and Harvard. His
rise to power was funded by rich, liberal men and foundations. They
sought his talents and used his rage to facilitate change.
As a "community organizer," Obama was supported by The
Woods Fund, a wealthy left-wing foundation. So were
Bill Ayers -- the former leader of the terrorist, Communist-driven
Weatherman organization -- and two revolutionary training organizations
founded by Alinsky's disciples: "The Center for Community Change" and
"The Midwest Academy."[14] According to David Freddoso, author of "The Case
Against Barack Obama," Obama and Ayers served together as board members
of The Woods Fund from 1999 to 2002.[14]
The Woods Fund also supports the radical activities of
ACORN -- the "Association of Community Organizations for Reform
Now." So do our taxes! The following quote from "Obama’s
Secret Strategy," shows how left-wing groups use tax-payers' money:
"I have heard stories about massive voter registration
drives and preparations to get out the vote with the help of unions,
teachers, and other Obama fans. Chief among these groups is ACORN, or
Association of Community Organizations for Reform Now, a radical group
that has been caught engaging in voter fraud. Not surprisingly, Obama
has close ties to the group since his days as a 'community organizer' in
Chicago.
"...Obama had been a key ally of ACORN. His influence at charitable
foundations 'allowed him to help direct tens of millions of dollars in
grants.' The [New York Times] also noted the key role ACORN played in
helping him win his first state Senate race in Illinois. ACORN’s Web
site... says it has already signed up more than a million new voters for
the upcoming elections."[15]
ACORN's strategies are based on Alinsky's
revolutionary tactics. Since socialists are not accountable to
traditional ethics, ACORN's dishonest dealings -- exposed by Michelle
Malkin's article titled "$800,000
campaign secret payment to ACORN" -- shouldn't surprise us:
"There’s much more to the story of Obama’s amended
campaign finance reports than what Obama and the Obamedia will tell
you.... What we have here, essentially, is Obama using a non-profit
group called Citizens Services Inc. as a front to funnel payments to
ACORN for campaign advance work. Obama officials say it’s no big deal."[16]
In 1992 Obama helped start another revolutionary
organization, Public Allies. He resigned the next year, before Michelle
Obama became the executive director of its Chicago chapter. Apparently,
Obama plans to use it as the model for a national service corps -- a
"Universal Voluntary Public Service."[17] As
Investor's Business Daily explains,
"The pitch Public Allies makes on its Web site doesn't
seem all that radical. It promises to place young adults (18-30) in paid
one-year 'community leadership' positions with nonprofit or government
agencies. They'll also be required to attend weekly training
workshops.... But its real mission is to radicalize American youth and
use them to bring about 'social change' through threats, pressure,
tension and confrontation — the tactics used by the father of community
organizing, Saul 'The Red' Alinsky....
"When they're not protesting, they're staffing AIDS
clinics, handing out condoms, bailing criminals out of jail.... It's
training the 'next generation of nonprofit leaders' — future 'social
entrepreneurs.'...
"The government now funds about half of Public Allies' expenses....
Obama wants to fully fund it and expand it into a national program that
some see costing $500 billion."[17]
A NATIONAL MILITIA
"We cannot continue to rely on our military in order
to achieve the national security objectives that we've set," said Obama
on July 2. "We've got to have a civilian national security force that's
just as powerful, just as strong, just as well-funded."[18]
What did he mean? We find some clues in the article, "Community
Oriented Policing," by
Phillip Worts, a detective with the San Diego Police Department.
Ponder these excerpts:
"Social chaos is the GOAL for the transformational
Marxist. The crisis of crime and disorder is the door for the ...
facilitator/change agent to enter the community and to initiate the
paradigm shift! Even though these social architects plainly admit what
is most vital in making for a crime free community, they have absolutely
no intention of restoring 'individual conscience' or going back to
repairing the traditional family. On the contrary, for the past sixty
years these socio-psychologists have been introducing these very
dialectic concepts into our school system with the intent of demolishing
personal conscience....":
"Just in case you doubt the Marxist nature of their
concepts of community transformation, Trojanowicz quotes Saul Alinsky,
the extreme Marxist change agent of the 60’s who authored
Rules
for Radicals. Alinsky proposed 'we begin viewing community
through the prism of issues (Issues= problems= crisis= conflict)....
"Formerly, the police administrators were accountable
to the elected officials who were accountable to the voters
(representative democracy). This new paradigm... is exactly what Marxist
George Lukacs termed 'participatory
democracy' and is nothing more than the
Soviet style council. ... Allow me to repeat
Lukacs: 'The institutions in socialist society which act as the
facilitators between the public and private realms are the
Soviets.'"[19]
REALITY VERSUS DELUSION
You've seen that the socialist power structure thrives
on conflict, compromise, manipulation and deceit. It spreads its
illusions by hiding its totalitarian aims under the noble banner of
community service.
God's ways are totally opposite, and no one has demonstrated the true
role of a servant more perfectly than did Jesus Christ Himself. Yet, He
was hated for His unwillingness to compromise truth for the sake of
unity. "If they persecuted Me they will persecute you," He warned us,
"for they do not know the One who sent Me." (John 15:20-21)
His standard, echoed by one of His disciples, fits our times: "We must
obey God rather than man!" (Acts 5:29) We may face some harsh
consequences for choosing to trust and follow Him, but fellowship with
Him is well worth it! And He will surely enable us to bring His love,
hope, strength, peace to those in need.
“Every
object the individual uses, every transaction they make and almost
everywhere they go will create a detailed digital record. This will
generate a wealth of information for public security organisations,
and create huge opportunities for more effective and productive
public security efforts.”
| (EU Council Presidency paper)
This analysis looks at the ideology in
the Future group report, Freedom, Security and Privacy - the area of
European Home Affairs. The EU is currently developing a new five
year strategy for justice and home affairs and security policy for
2009-2014. The proposals set out by the shadowy ‘Future Group’
include a range of extremely controversial measures including
techniques and technologies of surveillance and enhanced cooperation
with the United States. (Future group report:
Freedom, Security and Privacy - the area of European Home Affairs)
This examines the proposals of the
Future Group and their relation to existing and planned EU policies. It
shows how European governments and EU policy-makers are pursuing
unfettered powers to access and gather masses of personal data on the
everyday life of everyone – on the grounds that we can all be safe and
secure from perceived “threats”.
The Council of the European Union's "Future Group" presented its final
report at the Justice and Home Affairs Council's July 2008 meeting. This
will lead to a new justice and home affairs programme for 2010-2014,
following the "Tampere" programme (1999-2004) and the "Hague" programme
2005-2009. The final programme will be proposed by the European
Commission, then amended and adopted by the Council. It will set out a
detailed programme for both new measures and practices for the five-year
period. The “Timetable” indicates that the new five year plan will be
adopted under the Swedish Council Presidency in the second half of 2009
– the “Stockholm programme” maybe. (Timetable)
The final report is intended to be the basis of a proposal from the
European Commission and unlike the processes for the adoption of the
Tampere and Hague programmes it also suggests that the European
Parliament will be consulted - but, as usual, the Council of the
European Union (the 27 governments) will have the final say on its
content.
The group was set up in January 2007 - Ministers had agreed to a German
Presidency proposal at the Informal JHA meeting in Dresden on 14-16
January 2007 and later "in the margins" of the JHA Council on 14
February 2007.4 Its final report is from the "Informal High Level
Advisory Group on the Future of European Home Affairs Policy" and is
entitled: Freedom, Security and Privacy - European Home Affairs in an
open world. A separate report was also published on Justice.5 The
Tampere and Hague programmes were concerned with both home affairs and
justice so this separation is unusual but deliberate - in many member
states the Justice Ministries are often perceived as being more
"liberal" as they cover peoples' rights in the criminal justice system
whereas Interior Ministries are more concerned with the agencies that
exercise coercive powers over citizens and migrants. more...
(60-page report)
|
EU/UN/4th Kingdom
|
Solana| NewWorldOrder|
If anyone has
read the
HIStory, Our Future Bible study, then you can understand
the significance of this timeline presented for the middle of 2009.
While it seems a stretch currently to get from today to the
beginning of 2009 being the time of the abomination of desolation,
there are
some events that could be coming this year which could advance
the timeline significantly - more
here and
here. From the
Statewatch
website:
EU: FUTURE
GROUP REPORT: An interesting postscript on the Council's (EU
governments)
Freedom, Security, Privacy - European Home Affairs in an open
world (pdf)
report is that the Council Presidency (France) sent this report
to COREPER (high-level committee of Brussels-based
representatives of all EU member states) and the Council
(Ministers) in a document dated 9 July 2008 - it was discussed
at the Justice and Home Affairs Council on 24-25 July. However,
it was not "archived" (made publicly available) on the Council's
public register of documents until 11 September 2008 - two
months later and the same day that Statewatch released
its report on the Future Group's report on European Home
Affairs:
The Shape of Things to ComeStatewatch had put this document on its website:
Future Report: Freedom, Security, Privacy – European Home
Affairs in an open world
(pdf) on 7 August 2008. Tony Bunyan, Statewatch editor,
comments: "The Council's report on the future direction of EU
justice and home affairs policies raises fundamental questions
on privacy, civil liberties and the kind of society we want to
live in. Statewatch's analysis on "The Shape of Things to Come",
was published on 11 September, by which time over 10,000 copies
of the EU Future Group's report had been downloaded from our
website. The very same day the Council made the report available
to the public - but if Statewatch had not published "The Shape
of Things to Come" when would the Council have made it public?"
With the
financial situation facing the world over, and the
technology already present to implement a marking system and
RFID readers are already appearing in businesses everywhere. The
Alliance of
Civilizations is working to bring the religions of the world
together and reject those who claim sole ownership to the truth.
With everything else coming together, I'm becoming more and more
convinced that we may indeed be less than six months away from the
beginning of the time of great tribulation. This time and the day of
the Lord come suddenly to an unsuspecting world and as I continue to
watch and see the signs, I also see very few people recognizing the
signs as well. For some time I have questioned myself because of
this, but the closer we get the more things seem to be coming
together. Is this timeline accurate? I still can't say for sure, but
we should know before this year is out, more likely by fall
sometime. Do you know anyone who might want to know what is
happening? Keep watching! (Thanks to
Constance
Cumbey for her diligent watching!)
Wall Street rescue deal blocked
BBC
(September 26, 2008) - Talks to agree a huge $700bn (£380bn)
bail-out of the US financial industry have ended in a "shouting
match". After several hours of discussions with President George W
Bush, a group of Republican members of Congress blocked the
government plan. The proposal would have seen the government buy bad
debts from US banks to prevent more of them collapsing. President
Bush is due to make a statement about the negotiations at 0935 in
Washington (1435 BST).
Both sides have agreed to resume talks later on Friday. The leader
of the Democrats in the House of Representatives, Nancy Pelosi, told
ABC News that she "hoped" a bailout plan could be agreed within 24
hours, because "it has to happen". Financial markets are gummed up
because banks do not know exactly how much bad debt they hold and
are therefore reluctant to lend to businesses, consumers and each
other. The fall-out of this credit crunch continues to make a huge
impact: The United States suffered its largest bank failure yet,
when regulators moved in to close down Washington Mutual and then
sold it to US rival JP Morgan Chase for $1.9bn
In a co-ordinated move the European Central Bank, the US Federal
Reserve, the Bank of England, Bank of Japan and the Swiss National
Bank announced new short-term loans to the banking sector worth tens
of billions of dollars. Banks continued to cut costs, with UK
banking giant HSBC saying it would axe 1,100 jobs Shares in UK bank
Bradford & Bingley fell another 20% to 17 pence before recovering
slightly.
Read full story...
'Full throated discussion'
On Thursday, Democratic and Republican legislators appeared to have
struck a deal. A group of Democrats and Republicans even made a public
statement, with Senator Christopher Dodd, chairman of the Senate Banking
Committee, announcing that they had reached "fundamental agreement" on
the principles of a bail-out plan.
But after the White House meeting, the top Republican on the committee,
Richard Shelby, told reporters: "I don't believe we have an agreement."
The intense discussions reportedly saw US Treasury Secretary Henry
Paulson literally down on one knee, begging Ms Pelosi to help push
through the bail-out package. However, the agreement unravelled when a
group of Republican legislators objected to the principle of the plan.
The talks at the White House, led by Mr Paulson and US President George
W Bush, then descended into what one participant described as "a
full-throated discussion". Officials with the campaign team of
Republican presidential candidate John McCain spoke of "a contentious
shouting match".
The Republican critics of the bail-out plan worry about both its cost
and how it would involve the government in the financial sector.
Instead, they want a government-backed insurance policy for the huge
amounts of bad debt built up by US banks. This proposal, however, was
described as "unworkable" both by Democratic politicians and some US
government officials.
Doubts over presidential debate
Some Democrats were scathing about the lack of support for the Paulson
plan. "For House Republicans to take a walk is just appalling," said
Democrat Barney Frank. He later added that the passage of the bill
depended on the Republicans. "It depends on the House Republicans
dropping this revolt against the president and cooperating in trying to
amend the plan," he said.
The breakdown of talks has put a huge question mark over the first
debate in the presidential election campaign in the US. Democratic
candidate Barack Obama and Mr McCain were supposed to meet in Oxford,
Mississippi. But Mr McCain said he wanted to pull out and focus on
getting a bailout plan agreed instead. Democrats accused him of
posturing and avoiding telling voters how he would solve the crisis.
Bank failure
As the credit crunch continues to bite, regulators moved in and shut
down Washington Mutual (WaMu), one of the largest savings and loan
institutions in the US. Depositors had withdrawn $16.7bn from the bank
during the past 10 days alone. They immediately sold on the bank to
banking giant JPMorgan Chase for $1.9bn. "With insufficient liquidity to
meet its obligations, WaMu was in an unsafe and unsound condition to
transact business," said the Office of Thrift Supervision.
WaMu had seen its share price drop by more than 80% this year, after
suffering considerable losses due to failed mortgages. Earlier this year
JPMorgan Chase also bought investment bank Bear Stearns when it faced
collapse.
We're seeing further consolidation of financial power while the
government is taking greater control and the Federal Reserve (neither
federal nor reserve), along with global central banks, are
pumping money into the system and devaluing currency. I believe we
may be seeing the destruction of global economies to make way for a
consolidation of power and control leading to the eventual
fulfillment of the mark of the beast, the implementation of a global
cashless monetary system enabled by technology.
WaMu is largest U.S. bank failure
Reuters
(September 25, 2008) - Washington Mutual Inc was closed by
the U.S. government in by far the largest failure of a U.S. bank,
and its banking assets were sold to JPMorgan Chase & Co for $1.9
billion. Thursday's seizure and sale is the latest historic step in
U.S. government attempts to clean up a banking industry littered
with toxic mortgage debt. Negotiations over a $700 billion bailout
of the entire financial system stalled in Washington on Thursday.
Washington Mutual, the largest U.S. savings and loan, has been one
of the lenders hardest hit by the nation's housing bust and credit
crisis, and had already suffered from soaring mortgage losses.
Washington Mutual was shut by the federal Office of Thrift
Supervision, and the Federal Deposit Insurance Corp was named
receiver. This followed $16.7 billion of deposit outflows at the
Seattle-based thrift since Sept 15, the OTS said. "With insufficient
liquidity to meet its obligations, WaMu was in an unsafe and unsound
condition to transact business," the OTS said. Customers should
expect business as usual on Friday, and all depositors are fully
protected, the FDIC said.
FDIC Chairman Sheila Bair said the bailout happened on Thursday
night because of media leaks, and to calm customers. Usually, the
FDIC takes control of failed institutions on Friday nights, giving
it the weekend to go through the books and enable them to reopen
smoothly the following Monday. Washington Mutual has about $307
billion of assets and $188 billion of deposits, regulators said. The
largest previous U.S. banking failure was Continental Illinois
National Bank & Trust, which had $40 billion of assets when it
collapsed in 1984.
JPMorgan said the transaction means it will now have 5,410 branches
in 23 U.S. states from coast to coast, as well as the largest U.S.
credit card business. It vaults JPMorgan past Bank of America Corp
to become the nation's second-largest bank, with $2.04 trillion of
assets, just behind Citigroup Inc. Bank of America will go to No. 1
once it completes its planned purchase of Merrill Lynch & Co. The
bailout also fulfills JPMorgan Chief Executive Jamie Dimon's
long-held goal of becoming a retail bank force in the western United
States. It comes four months after JPMorgan acquired the failing
investment bank Bear Stearns Cos at a fire-sale price through a
government-financed transaction. On a conference call, Dimon said
the "risk here obviously is the asset values." He added: "That's
what created this opportunity."
Read full story...
JPMorgan expects to incur $1.5 billion of pre-tax costs, but realize
an equal amount of annual savings, mostly by the end of 2010. It expects
the transaction to add to earnings immediately, and increase earnings 70
cents per share by 2011. It also plans to sell $8 billion of stock, and
take a $31 billion write-down for the loans it bought, representing
estimated future credit losses. The FDIC said the acquisition does not
cover claims of Washington Mutual equity, senior debt and subordinated
debt holders. It also said the transaction will not affect its roughly
$45.2 billion deposit insurance fund. "Jamie Dimon is clearly feeling
that he has an opportunity to grab market share, and get it at fire-sale
prices," said Matt McCormick, a portfolio manager at Bahl & Gaynor
Investment Counsel in Cincinnati. "He's becoming an acquisition
machine."
BAILOUT UNCERTAINTY
The transaction came as Washington wrangles over the fate of a $700
billion bailout of the financial services industry, which has been
battered by mortgage defaults and tight credit conditions, and
evaporating investor confidence. "It removes an uncertainty from the
market," said Shane Oliver, head of investment strategy at AMP Capital
in Sydney. "The problem is that markets are in a jittery stage.
Washington Mutual provides another reminder how tenuous things are."
Washington Mutual's collapse is the latest of a series of takeovers and
outright failures that have transformed the American financial landscape
and wiped out hundreds of billions of dollars of shareholder wealth.
These include the disappearance of Bear, government takeovers of
mortgage companies Fannie Mae and Freddie Mac and the insurer American
International Group Inc, the bankruptcy of Lehman Brothers Holdings Inc,
and Bank of America's purchase of Merrill.
JPMorgan, based in New York, ended June with $1.78 trillion of assets,
$722.9 billion of deposits and 3,157 branches. Washington Mutual then
had 2,239 branches and 43,198 employees. It is unclear how many people
will lose their jobs. Shares of Washington Mutual plunged $1.24 to 45
cents in after-hours trading after news of a JPMorgan transaction
surfaced. JPMorgan shares rose $1.04 to $44.50 after hours, but before
the stock offering was announced.
119-YEAR HISTORY
The transaction ends exactly 119 years of independence for Washington
Mutual, whose predecessor was incorporated on September 25, 1889, "to
offer its stockholders a safe and profitable vehicle for investing and
lending," according to the thrift's website. This helped Seattle
residents rebuild after a fire torched the city's downtown.
It also follows more than a week of sale talks in which Washington
Mutual attracted interest from several suitors. These included Banco
Santander SA, Citigroup Inc, HSBC Holdings Plc, Toronto-Dominion Bank
and Wells Fargo & Co, as well as private equity firms Blackstone Group
LP and Carlyle Group, people familiar with the situation said.
Less than three weeks ago, Washington Mutual ousted Chief Executive
Kerry Killinger, who drove the thrift's growth as well as its expansion
in subprime and other risky mortgages. It replaced him with Alan
Fishman, the former chief executive of Brooklyn, New York's Independence
Community Bank Corp. WaMu's board was surprised at the seizure, and had
been working on alternatives, people familiar with the matter said. More
than half of Washington Mutual's roughly $227 billion book of real
estate loans was in home equity loans, and in adjustable-rate mortgages
and subprime mortgages that are now considered risky. The transaction
wipes out a $1.35 billion investment by David Bonderman's private equity
firm TPG Inc, the lead investor in a $7 billion capital raising by the
thrift in April. A TPG spokesman said the firm is "dissatisfied with the
loss," but that the investment "represented a very small portion of our
assets."
DIMON POUNCES
The deal is the latest ambitious move by Dimon. Once a golden child at
Citigroup before his mentor Sanford "Sandy" Weill engineered his ouster
in 1998, Dimon has carved for himself something of a role as a Wall
Street savior. Dimon joined JPMorgan in 2004 after selling his Bank One
Corp to the bank for $56.9 billion, and became chief executive at the
end of 2005.
Some historians see parallels between him and the legendary financier
John Pierpont Morgan, who ran J.P. Morgan & Co and was credited with
intervening to end a banking panic in 1907. JPMorgan has suffered less
than many rivals from the credit crisis, but has been hurt. It said on
Thursday it has already taken $3 billion to $3.5 billion of write-downs
this quarter on mortgages and leveraged loans.
Washington Mutual has a major presence in California and Florida, two of
the states hardest hit by the housing crisis. It also has a big presence
in the New York City area. The thrift lost $6.3 billion in the nine
months ended June 30. "It is surprising that it has hung on for as long
as it has," said Nancy Bush, an analyst at NAB Research LLC.
UN chief calls for 'global leadership'
Breitbart.com
(September 23, 2008) - UN chief Ban Ki-moon on Tuesday
stressed the need for "global leadership" as he pressed world leaders
not to pursue narrow national interests in the face of hard economic
times. "I see a danger of nations looking more inward, rather than
toward a shared future," he said at the opening of the UN General
Assembly's annual debate. He spoke of a "challenge of global leadership"
to tackle the world's worsening financial, energy and food crises.
"We see new centers of power and leadership -- in Asia, Latin America
and across the newly developed world," Ban told more than 120 heads of
state or government, including Presidents George W. Bush of the United
States and Nicolas Sarkozy of France. "In this new world, our challenges
are increasingly those of collaboration rather than confrontation," he
added. "Nations can no longer protect their interests, or advance the
well-being of their people, without the partnership of the rest."
On the world's current financial crisis, the UN secretary general
stressed the need to "restore order to the international financial
markets". "We need a new understanding on business ethics and
governance, with more compassion and less uncritical faith in the
'magic' of markets," the UN boss said.
Ban, who has chosen implementation of key poverty reduction goals as a
major theme of this year's debate, said he saw "a danger of retreating
from the progress we have made, particularly in the realm of development
and more equitably sharing the fruits of global growth." "Global growth
has raised billions of people out of poverty. However, if you are among
the world's poor, you have never felt poverty so sharply."
On Thursday, he will host a summit meeting on implementation of the
poverty reduction Millennium Development Goals (MDGs) on the margins of
the General Assembly session. Ban said he would use Thursday's summit to
press world leaders, the private sector, foundations, and civil society
to make "ambitious and concrete" proposals to ensure that these goals
are implemented by a 2015 deadline.
Monday, a summit meeting on Africa's development needs adopted a
political declaration urging rich countries to honor their pledge to
double their annual aid to the continent, which is struggling to meet
the MDGs. And returning to the theme of global leadership, Ban told the
assembly: "It takes leadership to honor our pledges and our promises in
the face of fiscal constraints and political opposition. "It takes
leadership to commit our soldiers to a cause of peace in faraway places.
It takes leadership to speak out for justice. To act on climate change
despite wonderful voices against you."
|
EU/UN/4th Kingdom
|
NewWorldOrder|
America|
Economic Crisis
|
FINAL WARNING: The Birth Pangs of the New World Order
David Allen Rivera
(September 23, 2008) - In an address delivered to the Union
League of Philadelphia on November 27, 1915, Nicholas Murray Butler
said: The old world order changed when this war-storm broke. The old
international order passed away as suddenly, as unexpectedly, and as
completely as if it had been wiped out by a gigantic flood, by a great
tempest, or by a volcanic eruption. The old world order died with the
setting of that days sun and a new world order is being born while I
speak, with birth pangs so terrible that it seems almost incredible that
life could come out of such fearful suffering and such overwhelming
sorrow.
In a 1919 subscription letter for the magazine
International Conciliation, M. C. Alexander, the Executive Secretary of
the American Association for International Conciliation wrote: The peace
conference has assembled. It will make the most momentous decisions in
history, and upon these decisions will rest the stability of the new
world order and the future peace of the world.
In August, 1927, Dr. Augustus O. Thomas, President of
the World Federation of Education Associations said:
If there are those who think we
are to jump immediately into a new world order, actuated by complete
understanding and brotherly love, they are doomed to disappointment.
If we are ever to approach that time, it will be after patient and
persistent effort of long duration. The present international
situation of mistrust and fear can only be corrected by a formula of
equal status, continuously applied, to every phase of international
contacts, until the cobwebs of the old order are brushed out of the
minds of the people of all lands.
Adolf Hitler said: National Socialism will use its own
revolution for the establishing of a new world order. In the 1932 book
The New World Order, author F. S. Marvin said that the League of Nations
was the first attempt at a New World Order, and said that nationality
must rank below the claims of mankind as a whole.
Edward VIII became King of England on January 20,
1936, but he was forced to abdicate the throne eleven months later, when
he married a commoner. He became the Duke of Windsor, and in July, 1940,
became the governor of the Bahamas. He is on record as saying: Whatever
happens, whatever the outcome, a new Order is going to come into the
world ... It will be buttressed with police power ... When peace comes
this time there is going to be a new Order of social justice. It cannot
be another Versailles.
In a New York Times article in October, 1940, called
New World Order Pledged to Jews, comes the following excerpt: In the
first public declaration on the Jewish question since the outbreak of
the war, Arthur Greenwood, member without portfolio in the British War
Cabinet, assured the Jews of the United States that when victory was
achieved an effort would be made to found a new world order based on the
ideals of justice and peace.
The Declaration of the Federation of the World,
written by the Congress on World Federation, which was adopted by the
Legislatures of some states, including North Carolina (1941), New Jersey
(1942), and Pennsylvania (1943), said:
If totalitarianism wins this
conflict, the world will be ruled by tyrants, and individuals will
be slaves. If democracy wins, the nations of the earth will be
united in a commonwealth of free peoples; and individuals, wherever
found, will be the sovereign units of the new world order.
From an article in a June, 1942 edition of the
Philadelphia Inquirer: Undersecretary of State Sumner Welles tonight
called for the early creation of an international organization of
anti-Axis nations to control the world during the period between the
armistice at the end of the present war and the setting up of a new
world order on a permanent basis.
According to a February, 1962 New York Times article
called Rockefeller Bids Free Lands Unite: Calls at Harvard for Drive to
Build New World Order, New York Governor Nelson Rockefeller told an
audience at Harvard University:
The United Nations has not been
able nor can it be able to shape a new world order which events so
compellingly demand (The new world order that will answer economic,
military, and political problems) urgently requires, I believe, that
the United States take the leadership among all the free peoples to
make the underlying concepts and aspirations of national sovereignty
truly meaningful through the federal approach. The Associated Press
reported that on July 26, 1968, Governor Rockefeller said in a
speech to the International Platform Association at the Sheraton
Park Hotel in New York, that as President, he would work toward
international creation of a New World Order.
Richard Nixon wrote in the October, 1967 issue of the
Council on Foreign Relations (CFR) journal Foreign Affairs: The
developing coherence of Asian regional thinking is reflected in a
disposition to consider problems and loyalties in regional terms, and to
evolve regional approaches to development needs and to the evolution of
a new world order. In 1972, while in China, in a toast to Chinese
Premier Chou En-lai, Nixon expressed the hope that each of us has to
build a new world order.
Richard Gardner, former Deputy Assistant Secretary of
State for International Organizations under Kennedy and Johnson, and a
member of the Trilateral Commission, wrote in the April, 1974 issue of
Foreign Affairs (pg. 558):
In short, the house of world order
will have to be built from the bottom up rather than from the top
down. It will look like a great booming, buzzing confusion, to use
William James famous description of reality, but an end run around
national sovereignty, eroding it piece by piece, will accomplish
much more than the old fashioned frontal assault.
Richard A. Falk, wrote in his article Toward a New
World Order: Modest Methods and Drastic Visions (from the 1975 book On
the Creation of a Just World Order):
The existing order is breaking
down at a very rapid rate, and the main uncertainty is whether
mankind can exert a positive role in shaping a new world order or is
doomed to await collapse in a passive posture. We believe a new
world order will be born no later than early in the next century and
that the death throes of the old and the birth pangs of the new will
be a testing time for the human species.
In 1975, 32 Senators and 92 Representatives in
Congress signed A Declaration of Interdependence (written by the
historian Henry Steele Commager) which said that we must join with
others to bring forth a new world orderNarrow notions of national
sovereignty must not be permitted to curtail that obligation.
Congresswoman Marjorie Holt, who refused to sign it, said:
It calls for the surrender of our
national sovereignty to international organizations. It declares
that our economy should be regulated by international authorities.
It proposes that we enter a new world order that would redistribute
the wealth created by the American people.
In an October, 1975 speech to the General Assembly of
the United Nations, Henry Kissinger said:
My countrys history, Mr.
President, tells us that it is possible to fashion unity while
cherishing diversity, that common action is possible despite the
variety of races, interests, and beliefs we see here in this
chamber. Progress and peace and justice are attainable. So we say to
all peoples and governments: Let us fashion together a new world
order.
During the 1976 Presidential campaign, Jimmy Carter
said:
We must replace balance of power
politics with world order politics. In a February 14, 1977 speech,
Carter said: I want to assure you that the relations of the United
States with the other countries and peoples of the world will be
guided during my own Administration by our desire to shape a world
order that is more responsive to human aspirations. The United
States will meet its obligation to help create a stable, just, and
peaceful world order.
Harvard professor Stanley Hoffman wrote in his book
Primacy or World Order:
What will have to take place is a
gradual adaptation of the social, economic and political system of
the United States to the imperatives of world order.
Conservative author George Weigel, director of the
Ethics and Public Policy Center in Washington, D.C. said:
If the United States does not
unashamedly lay down the rules of world order and enforce them ...
then there is little reason to think that peace, security, freedom
or prosperity will be served.
In a December, 1988 speech, Mikhail Gorbachev told the
United Nations: Further global progress is now possible only through a
quest for universal consensus in the movement towards a new world order.
more... | NewWorldOrder|
The coming 1-world currency
WorldNet Daily
(September 21, 2008) - On Wednesday, finance chiefs of five
of the six-member, oil-rich Gulf Cooperation Council approved a proposal
to create a monetary union as a move toward adopting a single currency,
according to the AFP. The six Islamic states constituting the Gulf
Cooperation Council are Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and
the United Arab Emirates. Oman pulled out of the agreement last year.
Five states in the compact have agreed to set 2010 as the target date
for the creation of a monetary union and the adoption of common
currency.
The emergence of an Islamic single currency among these oil-rich Middle
Eastern countries marks a significant step in the emerging worldwide
movement to abandon national currencies in favor of regional currencies,
along the model where the EU states have abandoned their national
currencies in favor of the European Central Bank and the euro.
In 2002, the finance ministers of the Gulf Cooperation
Council states sought out the assistance of the European Central Bank,
as the model for their single currency,
according to
BBC reports. The council was created in 1981 to promote the
development of the member countries. The monetary union will entail the
creation of a central bank to issue the single currency.
At the Wednesday meeting in the Saudi Red Sea city of
Jeddah, the finance and economy ministers reviewed the European Union's
response to the council's view on eliminating obstacles that have
blocked a long-stalled free trade agreement with the EU. Progress was
also made on key convergence factors required to underpin the common
currency, including setting the ratio of budget deficit and public debt
to the gross domestic product, target interest rates and reserve
requirements. Progress yet remains in reaching a consensus on inflation,
the last remaining stumbling block to creating the common currency.
International Monetary Fund Chief Dominique
Strauss-Kahn, who met with the Gulf Cooperation Council finance
ministers in Jeddah, hailed the move by the Gulf states toward economic
integration, though he continued to express doubts the single currency
would be adopted within two years.
"Achieving monetary union by 2010 will be a major
challenge, as much remains to be done to enable the creation of a single
currency within two years," Straus-Kahn. "Overcoming the current
inflationary pressures, developing a clear vision of the powers of the
future common central bank, choosing an exchange regime of the common
currency, and harmonizing financial regulations and structures will be
critical in this process." One factor easing the transition toward a
single currency is that the six Gulf Cooperation Council member states
all currently peg their currencies to the U.S. dollar.
Government rushing to finish huge financial rescue plan
Associated Press
(September 19, 2008) - The Bush administration sketched out a
multi-faceted effort on Friday to confront the worst U.S. financial
crisis in decades, outlining a program that could cost taxpayers
hundreds of billions of dollars to buy up bad mortgages and other
toxic debt. Relief washed over Wall Street with a surge of buying.
President Bush, flanked by Treasury Secretary Henry Paulson and
Federal Reserve Chairman Ben Bernanke, acknowledged that the program
will put a "significant amount of taxpayers' money on the line."
Markets unhinged by anxiety in recent months greeted the plan
enthusiastically. The Dow Jones industrials shot up over 400 points
and stayed in that territory into the afternoon. Global stock
markets soared, too.
The administration is asking Congress to give it sweeping new powers
to execute the plan. Paulson said it "needs to be big enough to make
a real difference and get to the heart of the problem."
Paulson gave few details but said he would work through the weekend
with leaders of Congress from both parties to flesh out the program,
the biggest proposed government intervention in financial markets
since the Great Depression. Members of the Senate Banking
Committee said they had yet to receive details of the proposal, but
were ready to move quickly when they do. Read full story...
Before the markets opened Friday, the government announced plans to
temporarily insure money-market deposits and to block short-selling in
financial securities. Short selling is a trading method that bets the
stocks will go down.
Speaking to reporters at the Treasury Department, Paulson said that the
new troubled-asset relief program that he wants Congress to enact must
be large enough to have the necessary impact while protecting taxpayers
as much as possible.
"I am convinced that this bold approach will cost American families far
less than the alternative — a continuing series of financial institution
failures and frozen credit markets unable to fund economic expansion,"
Paulson said in a prepared statement. "The financial security of all
Americans ... depends on our ability to restore our financial
institutions to a sound footing," he said.
Paulson said mortgage giants Fannie Mae and Freddie Mac will step up
their purchases of mortgage-backed securities to help provide support to
the crippled housing market. He also said the Treasury Department will
expand a program, announced earlier this month, to buy mortgage-backed
securities, which have been badly hurt by the housing and credit crises.
"As we all know, lax lending practices earlier this decade led to
irresponsible lending and irresponsible borrowing. This simply put too
many families into mortgages they could not afford," Paulson said.
At a news conference in which he only took three questions, Paulson was
asked the approximate dollar size of the government intervention. "We're
talking hundreds of billions," he said. Paulson did not address
specifics about the plan to buy back bad debt or whether the government
would take a direct stake in troubled banks in exchange for its help.
"These illiquid assets are clogging up our financial system, and
undermining the strength of our otherwise sound financial institutions.
As a result, Americans' personal savings are threatened, and the ability
of consumers and businesses to borrow and finance spending, investment,
and job creation has been disrupted," Paulson said.
He said that the administration would present Congress with a proposed
legislative package and then work with lawmakers "to flesh out the
details through the weekend. And we're going to be asking them to take
action on legislation next week." "This is what we need to do. Because
for some time we've been saying that the root cause of the problems in
our economy and our financial system is housing, and until we get
stability in the housing market we are not going to get stability in our
financial markets," he said.
Earlier, Bush authorized Treasury to tap up to $50 billion from a
Depression-era fund to insure the holdings of eligible money market
mutual funds. And the Federal Reserve announced it will expand its
emergency lending program to help support the $2 trillion in assets of
the funds. Both moves are designed to bolster the huge money market
mutual fund industry, which has come under stress in recent days.
The Fed said it is expanding its emergency lending efforts to allow
commercial banks to finance purchases of asset-backed paper from money
market funds, which should help the funds meet demands for redemptions.
The Securities and Exchange Commission early Friday imposed a temporary
emergency ban on short-selling, which had been contributing to the
collapse of stock values of investment and commercial banks.
Congressional leaders said they expected to get the rescue plan Friday
and act on it before Congress recesses for the election. The
government's actions could help alleviate the uncertainty that has been
sending the markets into tumult over the past week. Lending has come to
a virtual standstill in the wake of the bankruptcy of Lehman Brothers
Holdings Inc.
European Central Bank, Swiss National Bank and Bank of England also
offered up more cash Friday. The three banks put a combined $90 billion
into money markets in a lockstep move.
The chairman of the Senate Banking Committee, Chris Dodd, D-Conn.,
warned on ABC's "Good Morning America" Friday that the United States
could be "days away from a complete meltdown of our financial system"
and said Congress would work quickly to prevent that.
Later Dodd told reporters that the government's rescue plan will be
costly, and demanded more details. "We're anxious to hear the specifics.
None of us have any idea what the details are. We understand the gravity
of the moment," he said. predicted the new bailout plan would cost at
least half a trillion dollars.
Paulson said he wanted action next week by Congress. "Time is of the
essence," House Speaker Nancy Pelosi, D-Calif., said Thursday night
after being briefed by Paulson and Bernanke. Rep. Roy Blunt, the No. 2
GOP leader in the House, suggested the rescue can be handled without a
tax increase. "It doesn't necessarily have to be something that impacts
taxpayers in a negative way," said Blunt, R-Mo. "It all depends on how
you put that structure together."
GOP presidential candidate John McCain said any action should "be
designed to keep people in their homes and safeguard the life savings of
all Americans." Democratic rival Barack Obama said it is critical that
leaders in both parties work in concert. "Truly we are all in this
together," he said. The federal government already has pledged more than
$600 billion in the past year to bail out, or help bail out, some of the
biggest names in American finance.
The words "government," "rush,"
"financial" and "sweeping new powers" are not key words I want to
hear, but from the response in the stock market and from several
commentators I've heard, its the "best thing" for right now. In
other words the alternative is worse, so we're ok with the lesser of
two evils. And where are we getting all this money as we are so deep
in debt? Get some more historical background on our current
financial system
here,
here,
here and
here. I have a feeling that these increase governmental controls
and "sweeping new powers" are going to lead to the end scripture
speaks of such that we will be beholden to the government who in
turn will be beholden to the financial rescue of the central banks
who ultimately are working to bring about the New World Order and
hand over their power to the man of sin. One thing to remember, you
can't serve God and mammon (money) and in the end, those who
rely on the temporal escape by man's government via the
mark of the beast will lose eternal life in God's presence.
Revelation 14:9-12
Perhaps you don't think this will happen in your lifetime...
perhaps you're right, maybe you're wrong. Either way, keep watching!
China Paper Urges New Currency Order After "Financial Tsunami"
Reuters
(September 17, 2008) - Threatened by a "financial tsunami,"
the world must consider building a financial order no longer dependent
on the United States, a leading Chinese state newspaper said on
Wednesday. The commentary in the overseas edition of the People's Daily
said the collapse of Lehman Brothers Holdings Inc "may augur an even
larger impending global 'financial tsunami'."
The People's Daily is the official newspaper of China's ruling Communist
Party, and the overseas edition is a smaller circulation offshoot of the
main paper. Its pronouncements do not necessarily directly reflect
leadership views, but this commentary by a professor at Shanghai's
Tongji University suggested considerable official alarm at the strains
buckling world financial markets.
China's central bank earlier this week cut its lending rate for the
first time in six years, a move analysts said was aimed at bolstering
the economy and the battered stock market. "The eruption of the U.S.
sub-prime crisis has exposed massive loopholes in the United States'
financial oversight and supervision," writes the commentator, Shi
Jianxun. "The world urgently needs to create a diversified currency and
financial system and fair and just financial order that is not dependent
on the United States."
But Vice Premier Wang Qishan, on a visit to the United States, told U.S.
trade officials in a meeting on Tuesday that China and the United States
needed to maintain close economic ties with global markets going through
such turbulence. "The Chinese government is well aware of the fact that
the United States, which is the world's largest developed country, and
China, which is the world's largest developing country, should have
constructive and cooperative economic and trade relations," he said.
China is a major buyer of U.S. Treasury bonds, and through its sovereign
wealth fund it has taken stakes in two large U.S. financial
institutions. In July 2005, China revalued the yuan and freed it from a
dollar peg to float within managed bands. But the yuan and China's trade
remains tightly linked to the fortunes of the dollar.
The commentary suggested China must brace for grave economic fallout and
look to alternatives, saying the crisis brings to mind the Great
Depression of the 1930s. "Lehman Brothers announced bankruptcy will not
only have a domino effect on the global financial world, it will bring a
shock to the world economy," the front-page comment stated. | NewWorldOrder|America|
Economic Crisis
|
Juncker rules
out Lisbon treaty before 2010
EU Observer
(September 17, 2008) - The European Union's Lisbon Treaty
will not enter into force before the European Parliament elections in
June 2009, as was initially hoped, and is unlikely to do so before 1
January 2010 either, Luxembourg's Prime Minister Jean-Claude Juncker
said in Brussels on Wednesday (17 September).
"I don't think that the treaty will be in place in June [2009], when the
next European elections will take place," Mr Juncker, who is also the
president of the eurogroup - gathering the finance ministers of the
eurozone - said at a conference organised by the Brussels-based European
Policy Centre (EPC).
In order for the document to be in place by June 2009, it would have to
be ratified by all 27 EU member states by February - something which
according to Luxembourg's premier is "not realistic." "It's not possible
to have this treaty enter into force before the year 2010," he stressed.
Mr Juncker is the first high-level politician to publicly state the
Lisbon treaty may be impossible to adopt next year. Originally, the
document - aimed to replace the failed European Constitution and to
provide for a better and more efficient functioning of the EU - was
planned to enter into force in January 2009. But Irish citizens voted No
in a referendum on the treaty in June, casting a doubt over the
possibility to reach the goal.
EU leaders will be expecting to hear from Irish Prime Minister Brian
Cowen on the issue at a summit meeting in October, with the EU insisting
ratification of the document should continue in other member states, and
a second referendum in Ireland seen by some as a possibility to bypass
the June No vote. Mr Juncker, however, said that a possible revote in
Ireland should not take place in the immediate future. "Given the
economic crisis we're living in, given the confidence that's lacking,
given that governments are increasingly unpopular all over Europe,
organising a referendum around a European treaty is a dangerous road to
take," he said. "If I was the Irish Prime Minister, I wouldn't go for a
referendum in the next few months."
If the Lisbon treaty does not come into force in 2009, that will affect
the composition of both the European Parliament and the European
Commission next year, which would have to be conducted under the EU's
current set of rules, the Nice treaty. It would mean that the number of
seats in the European Parliament would shrink from the current 785 to
736 – instead of 751, as foreseen in the Lisbon treaty. But the number
of commissioners in the next commission - to be nominated by November
2009 - would also be reduced, as under Nice, their number should be
"less than the number of member states."
I’ll bet that if something like
Isaiah 17 and Ezekiel 38,39 were to transpire, Europe would coalesce
and give their power to a foreign minister able to deal with the
increasing situations in the Middle East and Europe. Remember there
are potentially some big earth-changing events on the near horizon
and what may seem impossible now can change in an instant. It’s
happened before and it will happen again. We’ve got the current
financial situations globally, Israel-“Palestine” issues, Iran,
Russia – all working toward the desired goal of peace and security.
The only ones who don’t want it are those working chaos to take
control and the more ignorant the population, the easier it is to
take control.
(David
Icke’s interview - Listen here)
New Wall Street crisis will create a new financial world order, says RCM
CIO City Wire UK
(September 16, 2008) - As the sell-off in global markets
continues, RCM's CIO for Europe Neil Dwane believes the aftermath of
Monday's events will lead to the formation of a 'new world order', in
which the remaining financial giants will flourish.
'Merrills rushed into the arms of Bank of America (BoA) who last night
shut down its investment banking operations admitting failure. Surely
BoA will not indulge Merrills' investment banking operations anywhere
near to the extent that the old Merrills' management had done?' Dwane
asks. Dwane believes the key implication of the Fed's decision not to
facilitate the sale of Lehmans Brothers is that it shows that capacity
is being removed from the markets, alongside the clear message that
'policy will not bail out all investors and losers'.
'Moral hazard is back and negligent Boards will find there to be no
willing supplier of capital except on very onerous terms. The key
messages of this weekend remain that capital remains scarce, leverage
and accounting for the leveraged assets remains incomplete and
inconsistent and a New World order is being born where financial
behemoths are best placed,' he says.
One of the key features of this 'New World order' will be increased
regulation, transparency and risk control, according to Dwane. However,
the CIO of the equity specialist of Allianz Global Investors is anxious
that 'investors remain complacent over the changes to come and the lower
returns and earnings power of the sector in the future'. | NewWorldOrder|
America|
Economic Crisis
|
Draghi: Deeper Crisis Would Call for Global Solution
Doug McIntosh
(September 16, 2008) - National solutions have been enough to
stem the financial-sector crisis so far, ECB Governing Council member
Mario Draghi said in a
Berlin speech Thursday, but they may not be enough if things get
worse. “Policies are taking a variety of shapes that can be grouped
within two broad categories: emergency and structural responses,” said
Mr. Draghi, who also heads Italy’s central bank. “Until now, the first
remained typically national since each crisis was unique to the
financial structure of the country and so were the remedies. However, if
the crisis were to become systemic - and the past weekend has shown just
how sudden and dramatic the turn of events can be — I believe that an
internationally coordinated effort will be necessary.”
Mr. Draghi’s words have international heft, since he
chairs the Financial Stability Forum — a group of
global regulators and central bankers working on solutions for
preventing the next blowup. He indicated the framework of the global
financial system is undergoing a gut check: “A resilient infrastructure
is one that is capable of withstanding the effects of the failure of a
large financial institution. As we speak, this objective is being tested
by reality.”
Overall, he said, the global banking system has enough
capital to meet its needs “under reasonable scenarios.” He offered no
prediction about whether market conditions would continue to be
“reasonable” but did say banks will need to raise “at least once again
the amount of capital raised since the crisis began.” Mr. Draghi’s
estimate of that amount, according to a person familiar with the matter,
is $350 billion. Some banks will have an easier time of it than others -
namely those “that ran the debt-financed, highly leveraged and maturity
mismatched business model that provided steady fee income over the last
several years.” –Joellen Perry | NewWorldOrder|
America|
Economic Crisis
|
A Trillion Here; A Trillion There
Doug McIntosh
(September 16, 2008) - It was Everett Dirksen, a politician
from Illinois a few decades back who once said of government spending, "
A billion here and a billion there, pretty soon you are really talking
some money." This was in the 1970's, when a billion still meant
something. It was in 1969 I think when the entire US government spending
was $100 billion dollars and we were howling about an inflation rate of
3%. The good ole days to be sure.
Now we are dealing with nothing less than systemic collapse. I have been
watching the news media coverage of the "situation on Wall Street." We
do not have a situation here: we have the phased collapse of the
American economy. When you find out Jeb Bush is a "consultant" for
Lehman Brothers; when you hear McCain call for a "9-11 type commission
to investigate Wall Street" you know the fix is in. It was the Bushes
who destroyed the Savings and Loan industry, along with the Democrat St.
Germaine, who raised the insurance coverage to $100,000. For me, there
is a very clear trail of cookie crumbs in this so called "crisis." It is
a planned crisis.
While watching PBS and its "Nightly Business Report" last night I was
struck by how clueless these people really are. They simply don't have
the capacity to understand what is going on. It is like my old 386
computer with its 4 Megabytes of RAM trying to run too many software
programs at the same time: overload city. The mainstream simply doesn't
have the mental ability to deal with what is happening right now in the
economic sphere. The reason for that is simple: it isn't in their
script. Of course, for someone of my impeccable doom and gloom
credentials, I am not in the least surprised, amazed, or even stressed.
After writing for over a decade on the open corruption of the "system",
I may be many things, angry and appalled for instance, but not surprised
or stunned. The New World Order is nothing if not consistent.
The reason for the current stock market meltdowns, the meltdowns being
global and plural, is simple: the system is corrupt. It is pathetic to
watch McCain call for investigations, or others for new regulations. One
of the major reasons for this is because Congress repealed the Glass/Seagall?
act from the Great Depression a few years back. There are specific
actions taken, laws repealed for instance, that have directly resulted
in the current "crisis." Specific people, regulators, politicians,
economic experts and media whores have taken specific actions, and not
taken specific actions, which have led to the current situation. I don't
see any indication of any Congressperson or Senate person being indicted
for Treason and tried for their vote repealing Glass/Seagall for
instance. Nor will there ever be. This is also the way the NWO works. No
accountability at all. Never has been and never will be. The insolence
of the elite is well justified.
The headlines are screaming the ratings agencies just downgraded AIG,
the insurance blob. I am so glad the ratings agencies decided to do
their jobs. It is upon the politicians, the media, the ratings agencies
the fake appraisals, the liar loans and all the other root causes of the
current crisis may be laid. We do not need new government regulations;
what we need is a system where corruption is punished and not rewarded.
What we need is consequences and not bailouts. What we need is truth and
not lies. But, it doesn't matter now. The fix is in.
Read full story...
The
other television show I watched last night was also PBS, "The Leher news
hour." The segment had the famous Roubini, who is the closest thing to a
doomer in the mainstream, as well as a former head of the IMF, the
international monetary fund. The IMF being one of the biggest terror
groups on this planet. The economic misery the IMF has caused is beyond
description. After listening to Mr. Roubini's rather dismal views,
doomer lite I call it, the knives came out. This former IMF guy gave the
NWO plan right out there in plain view. Paraphrasing here, "Eventually,
the US taxpayer will have to foot the bill." Yep, foot the bill for what
now? All 5.5 TRILLION of Fannie and Freddie mortgages; all the rest. The
NWO plan is to set up another savings and loan bailout system,
resolution trust is what I think it was called, and stick it to the
American taxpayer. So, because the NWO runs things; because the
regulators, the courts, the politicians, the media and the court
economists have been bought off and the "capitalists" have raped, looted
and pillaged their way to vast wealth, we the American taxpayer get to
clean up the mess. Like I said, the NWO is consistent. Trapped in a rut
really. Take one greedy, insolent elite. Add a corrupt bought off
system. Stir in vast amounts of money. Shake, rattle and roll until you
get a frothy mixture of stupidity and excess. Then wait for the
inevitable meltdown. Declare a crisis and when it gets bad enough use
that crisis to advance NWO political agenda towards dictatorship and
even more wealth concentration. Did I leave anything out?
Except this time the NWO has miscalculated, very, very badly. For one
thing, our insolent elite hasn't factored in the chaos theory, or random
events, or even the other NWO groups. Whether you think the hurricanes,
Gustav, Fay and IKE were random events, or whether you think they are
part of a larger weather manipulation effort intended to destroy the
USA, it is clear to me the NWO didn't factor them in. And because they
didn't do that, they have got a massive synergistic effect. This being
the 2 plus 2 equals 16 and not four effect. As the USA heads into mid
September we have not only bona fide economic crisis's in our stock
markets, real estate, local and state governments and energy sectors, we
have the physical destruction of a large swath of Texas.
I will make it plain for you. The damage from IKE was much more than the
lying media and government has told you. At best, it will take 2 weeks
to get the refineries on line. The main pipelines, like Colonial for
instance, are shut down for lack of refined product. It takes 18 days to
get oil pumped from Texas or the Gulf to New Jersey over these
pipelines. My math tells me this is five weeks at a minimum before New
Jersey starts to get heating oil deliveries. By the way, AIG, the
imploding insurer, is a major insurer of oil refineries I hear. Figure
it out yourself.
I differ slightly from Doug's
perspective in that I believe the mystery of iniquity at work today
is indeed pushing the New World Order agenda, but to the end that a
whole new global cashless system will have to be implemented and
will be done centered in Europe. According to Bible prophecy, this
will be the center of the New World Order and in order to
participate in this new economic system that will bail out the
current failing one, each person must pledge allegiance to the man
of sin and receive his mark on the forehead or hand. (More on the
mark of the beast and the current technology that could bring it
here.) I believe everything is in place to support this system
within a short period of time if not completely now thanks to the
credit card companies and RFID tattoo ink. Considering the speed
things are falling apart now and the other tensions building in the
middle east among attempts to hold things together, we could very
well be in the timeline of the
HIStory, Our Future Bible studies and if so, time is very
short. Who exactly is behind what is happening isn't what's most
important, rather getting in right relationship with the only One
who can save us from what is coming and bring us into eternal
relationship with Him. Yeshua will judge what is happening now and
knows exactly who it is. While we may watch and see, I prefer to
leave the judging to Him and keep watching His Word come to pass.
Taxation
Nation: Now You Own Fannie and Freddie
McAlvany Weekly Commentary
(September
10, 2008) - "It seems to me in one sentence, two things. We're
right in the midst of the greatest financial crisis in the history of
our country - number one - and number two; we're probably already over
the line to becoming socialistic state, the USSA, the United Socialist
States of America." - Jim Deeds
|
EU/UN/4th Kingdom
|
NewWorldOrder|
America|
Economic Crisis
|
After listening to this, you
probably already know where I think we're headed - a global cashless
society where perceived wealth and prosperity are provided by the
globalist government, the New World Order. This ½ hour show goes
into the socialist steps that will bring us there and how the
financial instability we are currently experiencing will lead us
there.
Ireland may consider EU defence opt-out to pass Lisbon Treaty
Irish Times
(September
8, 2008) - The government is exploring the possibility of opting
out of European security and defence policy in an effort to make the
Lisbon Treaty more palatable to the public. But Minister for Foreign
Affairs Micheál Martin has admitted that this course of action would
have serious consequences for the Defence Forces, and he is personally
against it. "Irish troops have received praise across the board for the
neutrality, objectivity and sensitivity with which they go about their
task. It has helped our Defence Forces to modernise" he told journalists
at an EU foreign ministers' meeting in Avignon, France. "We don't want
to damage or undermine the capacity of the Irish Army to function as
effective peacekeepers." A decision to opt out completely from European
security policy would mean that the Defence Forces may not be able to
take part in EU peacekeeping missions overseas, such as the operation in
Chad. Mr Martin said isolation was no longer the way forward for
countries such as Ireland, as there was an increasing interdependence
between economic and security policies. "You cannot isolate the issues
or categorise them as conveniently as some people would like us to do,"
he said. But he added the Government had to explore all the options open
to it following the public's rejection of the Lisbon Treaty in June, and
this was the reason his officials visited Copenhagen last month to
assess the consequences of Denmark's decision in 1992 to completely opt
out of EU defence. Another option the Government may consider is
negotiating a declaration insisting that Irish people could never be
conscripted into any future EU force. "Conscription as an issue isn't
going to happen because of Lisbon, but the point is it raises the fact
that people have concerns about the defence and military nature. So how
do we deal with that is the question. Do we reassure people on
conscription per se?" said Mr Martin. He added that most Irish people
held a noble view of the Defence Forces' participation in EU missions.
Any proposal to opt out of EU defence is likely to be opposed by the
Defence Forces. Minister for Defence Willie O'Dea last night warned that
a withdrawal from all EU military co-operation would have serious
consequences for Ireland's future United Nations role. The UN is
increasingly subcontracting peacekeeping missions to regional bodies,
such as the EU - as has happened already in Chad. "We are very
well-respected internationally because of our peacekeeping activities.
Naturally, I would not like to se anything that would diminish that," Mr
O'Dea told The Irish Times. He said that "nobody had approached" him
with a proposal that Ireland should pull out of such military
co-operation. The Government's decision to explore its role in EU
security and defence policy coincides with a wider EU review of
strategy. At the foreign ministers' meeting in Avignon, EU foreign
affairs chief Javier Solana presented a paper outlining reforms to the
EU's 2003 security strategy - the key document outlining the principles
behind the EU's policy in the area. The discussion paper proposes a
redraft of this strategy to add climate change, energy shortages and
cybercrime as new threats to the security of the EU. Meanwhile, Minister
for European Affairs Dick Roche will meet German foreign minister
Frank-Walter Steinmeier today to update him on how Ireland intends to
respond to its rejection of the Lisbon Treaty. He will tell a conference
of German diplomats he believes the Irish people are gradually
reflecting more on the possible consequences of their vote and how they
might move ahead in a way that serves both their national interest and
the interests of their EU partners.
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Fannie and Freddie Glenn Beck
(September
8, 2008) - Now, I've been doing some I've been doing homework on
Freddie and Fannie for I don't know how long and I've been waiting for
this day because I knew that if I presented this three, four months ago,
nobody would really pay attention to it because everyone was denying
that Freddie and Fannie were going to fall apart. Still everybody is in
somewhat denial, everybody is saying, oh, this is only going to cost the
American taxpayers you $200 billion. That is a lie. It's going to cost
you a whole lot more than that. Some say up to $1.6 trillion. To give
you some idea of how much money that is, the original remember, "Oh, my
gosh, all of a sudden we are having problems with our financial sector."
The original panic was that the banks might have to write down as much
as $200 billion. That's what we're writing a check for today for Freddie
and Fannie, out of your pocket. I told you at the time when everyone
said, oh, it's going to be $200 billion. No, it's not. It's going to be
in the trillions, it will at least start with $1 trillion. Now we are
approaching a trillion dollars in the regular financial markets and this
is going to cost you a trillion dollars. This one is costing you. Now, I
want to know where is the outrage. I want to know where is the outrage
from the press. Where is the outrage from congress. I'm going to ask
three questions and then I'm going to give you the answers, and I ask
you just to pay attention here for just a second because when you know
the real story behind Freddie and Fannie, blood is going to shoot out of
your eyes. Here are the questions. Question one: Why aren't the
CEOs of Fannie Mae and Freddie Mac going to jail? Do you remember the
name Ken Lay? Why aren't the CEOs and corporate executives required to
give back, at the very minimum, give back the millions of dollars they
put into their pockets while they inflated the results to meet their
bonus triggers? I want to explain something here. What they did, what
Freddie and Fannie did is they have these CEOs that said, oh, we're
going to meet our budget. And if they met their budget, they get these
big bonuses. Well, they would say that they met their budget and then
they would get the bonuses but then they wouldn't meet their budget and
they would come back later and say, oh, we had to readjust. No one, no
one questioned them. I'm sorry. Members of the press like the Wall
Street Journal questioned them. We had questioned them. But nobody else
had questioned them. The question I have now is, why. Why. I'll explain
in a second when I introduce you to the players. I won't even have to
explain. You are going to say, oh, my gosh, you're kidding me.
Question number two: Why aren't the shareholders wiped out? Why is
the federal government protecting the shareholders of Fannie and Freddie
today? This isn't capitalism. Question number three: Where's the
end game? You know everybody always says in congress, especially the
Democrats, "We want an end game. How come, you know, if you're going to
go in for a war, you've got to know how to get out. Where's the strategy
here? Where's the end game? What does victory look like?" I can tell you
what victory looks like but nobody else is going to tell you this. They
will all deny it, but it is not a coincidence today that they put a 15
month, pretty much just a 15 month Band Aid on this. What they've done
is save these problems for the next congress and the next President.
Why? I'll explain hopefully later on here. We'll get into a chance to do
that but I'll explain in great detail on tomorrow's program and show you
what congress is actually doing right now. They are setting us up right
now. more... | NewWorldOrder|
America|
Economic Crisis
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So if the government bails out
Fannie and Freddie, does that mean the Government now owns the loans
on the land here in the US?
Solana to reveal his updated European Security Strategy
UE2008.fr
(September
5, 2008) - The Friday afternoon working session (14.30-18.00)
will be dedicated to a debate on the future of relations between the
European Union and the United States, notably in terms of major
international issues ranging from regional crises to global challenges.
Bernard Kouchner will hold a press conference with Javier Solana, the
High Representative for the Common Foreign and Security Policy, and the
European Commissioner for External Relations and European Neighbourhood
Policy, Benita Ferrero Waldner, on 5 September at 18.00. During the
Saturday morning working session (9.30 – 12.30), the ministers will
examine the Georgian crisis, in the wake of the extraordinary European
Council meeting of 1 September. More specifically, they will consider
the European Union’s involvement in Georgia in terms of humanitarian
aid, reconstruction and a political settlement. Against this backdrop,
ministers will also raise relations between the European Union and
Russia in view of the forthcoming EU-Russia Summit scheduled for 14
November 2008. Javier Solana will present his ideas on the updating of
the European Security Strategy at the end of the morning session. The
working lunch will be devoted to the Middle East Peace Process and the
European Union's role in this region. The European Commissioner for
Enlargement, Olli Rehn, and Jacek Saryusz-Wolski, Chairman of the
European Parliament's Foreign Affairs Committee, will participate in
this discussion, which will also be attended by Axel Poniatowski,
Chairman of the Foreign Affairs Committees of the French National
Assembly. The foreign ministers from the three candidate countries
(Croatia, Turkey, Former Yugoslav Republic of Macedonia), will take part
in some of the morning’s discussions. The Presidency’s concluding press
conference will be held at 14.30. The Gymnich takes place once every six
months and takes its name from the German castle in which the very first
European Union foreign ministers' meeting was held in 1974 under the
German Presidency. This informal meeting, inasmuch as it allows
participants to engage in free and detailed exchange, does not produce
conclusions but enables better preparation of European diplomatic
positions over the months to come.
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"Why that should be so isn't hard
to understand. It's not only that the US and its camp followers have
trampled on international law and the UN to bring death and
destruction to the Middle East, Afghanistan and Pakistan... For the
rest of us, a new assertiveness by Russia and other rising powers
doesn't just offer some restraint on the unbridled exercise of
global imperial power, it should also increase the pressure for a
revival of a rules-based system of international relations."
After the recent Georgian incursion
into South Ossetia, discussion has been rampant regarding America's
influence and dominance on the world scene. Some are proclaiming that
Russia has laid to
rest aspirations for a so called New World Order. From one angle
this may appear to be the case, but there is a bigger picture needs to
be examined. The United States is going to - and to a degree already is
- be held up as an example of why "global mechanisms" and a "world
structure" need to be in place to prevent such actions as the invasion
of Iraq and U.S. support of Georgian forces in the invasion of South
Ossetia. We've been presented with a problem, now globalist think tanks
and organizations like the Council on Foreign Relations will provide us
with a solution. National sovereignty has no place in this era, so we're
told. We must "share power". Former President of the Soviet Union,
Mikhail Gorbachev,
has stated that he sees the U.S. led Iraq war as an example
of the need for a "new world order" to manage the globe.
"Look at the US in Iraq, everybody
was opposed, even their allies, but they did not listen and what
happened? They do not know how to get out of it now. Now we
understand that... we are all linked to the US and if it falls apart
it would be a real collapse. We have to help them to get out of
there. That means that cooperation is needed, a new world order is
necessary and global mechanisms to manage it."
Turkish President Abdullah Gul has
made similar statements recently in response to the Georgia-Russia
conflict.
As the AFP reports,
"Turkish President Abdullah Gul
predicted "a new world order" of joint international action, in an
interview published in the U.K. on Saturday... He added that the
conflict in Georgia shows the U.S. can no longer shape global
politics on its own, and that it should start sharing power with
other nations."
The 2008 election gives us an idea of
the current trends underway and provides a window into the
establishment's long term game-plan. Both Barack Obama and John McCain
have openly indicated that globalist policy will be pursued if either of
them are elected president. John McCain
discussed his proposed "League of Democracies" at the Hoover
institution in May of 2007. McCain stated in part,
"This League of Democracies would
not supplant the United Nations or other international
organizations. It would complement them. But it would be the one
organization where the world's democracies could come together to
discuss problems and solutions on the basis of shared principles and
a common vision of the future. If I am elected president, I will
call a summit of the world's democracies in my first year to seek
the views of my democratic counterparts and begin exploring the
practical steps necessary to realize this vision."
"Yes, there
have been differences between America and Europe. No doubt, there
will be differences in the future. But the burdens of global
citizenship continue to bind us together. A change of leadership in
Washington will not lift this burden. In this new century, Americans
and Europeans alike will be required to do more -- not less.
Partnership and cooperation among nations is not a choice; it is the
one way, the only way, to protect our common security and advance
our common humanity... In this new world, such dangerous currents
have swept along faster than our efforts to contain them. That is
why we cannot afford to be divided. No one nation, no matter how
large or powerful, can defeat such challenges alone."
The more sophisticated branch of
globalist elites who see the route to power through slower, deliberate
and incremental steps are now making their move. The aggressive Neocons
have served their purpose and are making the establishment nervous with
further provocative actions. The corruption and wars that have tarnished
the American people's name will now be used to further the aims of the
global elite. America's demonization, and in turn its use as an example
of the necessity of global governance, may very well be the next stage
of the establishment's plan for world government.
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It is increasingly becoming the
status quo that a globalized world is the only way. Both
presidential candidates hold this view and according to the Bible,
it is the inevitable end. However the Biblical version is not as
pretty as the globalists try to paint it today. How will we get from
their vision to Biblical reality? I believe fear and the desire for
peace and safety will be used to direct the world toward the
ultimate end according to scripture. The New Age Movement has a goal
of bringing all belief to an ecumenical position that excludes what
are termed exclusionary and fundamentalist. Already there is the
Alliance of Civilizations working with religions around the world
from apostate Christianity to Buddhist and everything in between to
essentially remove the fundamentalist aspects from all belief
systems and label those who refuse as incompatible with the new age
of peace they are trying to build on earth. Those who remain true to
God's Word, which says that Yeshua is the only way to salvation will
become more and more shunned and those who agree in rejecting the
Truth will band together against those who refuse to conform.
Perhaps you think I go a little too far, but remember that according
to the Bible the ultimate end of a global government is centered
around worship of a New Age Christ, a false Messiah who the world
will adore while rejecting the God of Love because they had no love
for the Truth.
John 14:23-29 Jesus answered and said unto him, If a man love me, he
will keep my words: and my Father will love him, and we will
come unto him, and make our abode with him. He that loveth me
not keepeth not my sayings: and the word which ye hear is not
mine, but the Father's which sent me. These things have I spoken
unto you, being yet present with you. But the Comforter, which
is the Holy Ghost, whom the Father will send in my name, he
shall teach you all things, and bring all things to your
remembrance, whatsoever I have said unto you. Peace I leave with
you, my peace I give unto you: not as the world giveth, give I
unto you. Let not your heart be troubled, neither let it be
afraid. Ye have heard how I said unto you, I go away, and come
again unto you. If ye loved me, ye would rejoice, because I
said, I go unto the Father: for my Father is greater than I. And
now I have told you before it come to pass, that, when it is
come to pass, ye might believe.
John 15:12-22 This is my commandment, That ye love one another, as I
have loved you. Greater love hath no man than this, that a man
lay down his life for his friends. Ye are my friends, if ye do
whatsoever I command you. Henceforth I call you not servants;
for the servant knoweth not what his lord doeth: but I have
called you friends; for all things that I have heard of my
Father I have made known unto you. Ye have not chosen me, but I
have chosen you, and ordained you, that ye should go and bring
forth fruit, and that your fruit should remain: that whatsoever
ye shall ask of the Father in my name, he may give it you. These
things I command you, that ye love one another. If the world
hate you, ye know that it hated me before it hated you. If ye
were of the world, the world would love his own: but because ye
are not of the world, but I have chosen you out of the world,
therefore the world hateth you. Remember the word that I said
unto you, The servant is not greater than his lord. If they have
persecuted me, they will also persecute you; if they have kept
my saying, they will keep yours also. But all these things will
they do unto you for my name's sake, because they know not him
that sent me. If I had not come and spoken unto them, they had
not had sin: but now they have no cloak for their sin.
Europe into the breach
International Herald Tribune
(August
26, 2008) - Some diplomatic movement has returned to the Middle
East. Under American supervision, Israelis and Palestinians have been
negotiating again since the end of 2007. Syria and Israel have begun an
indirect negotiation process with Turkey as a mediator. In Lebanon, a
new government including all relevant political factions has finally
been formed. This would not have been possible without a green light
from Syria. And this green light would not have come had Damascus not
been convinced that its own negotiations with Israel could, in the
medium term at least, lead to a bilateral agreement and also bring about
an improvement of Syrian-American relations. Individual European Union
states have already honored this constructive about-turn of Syrian
policies. For all those engaged in Middle East diplomacy - this goes for
the Arab-Israeli fold as well as for the Iranian nuclear file - the U.S.
political calendar is always present: No one expects the current U.S.
administration to settle any of the conflicts in the region or to bring
any of the ongoing diplomatic processes there to a conclusion during the
rest of its term. This is explicitly so for the Syrian-Israeli
negotiations: Syria has already declared that it would not move from
indirect to direct talks before the inauguration of a new American
administration ready to actively engage with such a process.
Implicitly, however, the same applies to the Annapolis process between
Israel and the Palestinian Authority. President Bush has repeatedly said
that he wants the two sides to reach an agreement while he is still in
office. Israel's outgoing Prime Minister Ehud Olmert and the Palestinian
president, Mahmoud Abbas, who lead the talks, are both aware of the
contours of a possible, mutually acceptable agreement, and they seem to
have come closer with regard to some of the particularly difficult
so-called final-status issues. Nonetheless, even under the most positive
scenario, the best one could expect is a further narrowing of the gaps.
A comprehensive agreement that would sort out such complex issues as the
future of Jerusalem, Palestinian refugees, future borders between Israel
and Palestine, or infrastructural links between the West Bank and the
Gaza Strip, will not be reached within only a couple of months. And
neither Israel's prime minister nor the Palestinian president would
today have the authority and the necessary majorities to ratify, let
alone to implement a peace agreement. All this does not speak
against the process, only against exaggerated expectations. The process
is extremely fragile, and it could easily break down - particularly in
the absence of sustained external "care," of guidance and support from a
third party both able and prepared to drive the process forward and
encourage the negotiating parties to continue their efforts even in the
face of domestic opposition. The current U.S. administration will cease
to play its role after the November elections; many of its
representatives will by then be looking for new jobs. The new U.S.
president will first have to get his senior officials confirmed by
Congress, and a foreign policy review, before he begins any major policy
initiative. As a result, we should expect a time-out for any active
American involvement in the Middle East peace process between the end of
this year and at least March or April 2009. Herein lays Europe's
challenge. As an active partner in the so-called Middle East Quartet
with the United States, Russia and the United Nations, the EU has helped
to bring about the current talks between Israelis and Palestinians.
The EU and several of its member states are contributing to the process
through the support of state- and institution-building in the
Palestinian territories, particularly in the security and justice
sectors. But beyond that, the EU must now prepare itself to keep the
process alive from the end of this year through to next spring.
Considering such a task we also have to be aware of the particular
structures of the Union. President Nicolas Sarkozy of France, which
currently holds the rotating presidency of the EU, has already announced
a more active support for the Middle East peace process. But the French
presidency ends in December 2008, and the Czech government, which takes
over in January 2009, is unlikely to summon the same energy and
resources for the Middle East. The EU's special representative for the
Middle East, the Belgian diplomat Marc Otte, does not have enough
political weight to assume a role that so far has been played by the
U.S. secretary of state. Individual EU states like France, Germany or
Spain would have the resources and diplomatic skills and could even be
interested in temporarily guiding the process until a new American
administration resumes this function. In practice, however, jealousy
among EU states would make it impossible for any one of them to act for
Europe in this or any other important foreign-policy field, unless this
country happens to hold the EU presidency. EU states that want to
promote a consensual and common European approach would therefore not
even try to assume this role; others that might want to take it on would
not be able to fill it. This does not make the EU incapable of acting.
[Who ya gonna call?]The Union,
through its Council of Foreign Ministers, should as soon as possible
give a mandate to Javier Solana, the High Representative for the Common
Foreign and Security Policy of the EU, to make himself available, with
the approval of Israel, the Palestinians, and the current U.S.
administration, as a temporary mediator for Israeli-Palestinian
negotiations from the end of the year. Solana would not take such an
initiative on his own, but he can do so with a mandate from the Council.
His staff is familiar with the subject matter and his diplomatic skills
are beyond doubt. Any coalition of willing EU states could support him
by delegating some of their own experienced diplomats to his office for
the task. Solana and the EU would not be expected to make peace or to
bring the Israeli-Palestinian negotiations to a conclusion and to dispel
any opposition to an agreement. This cannot be done by the EU, simply
because, compared to the United States, it has less influence over
Israel and cannot give security guarantees to either Israel or the
Palestinians. The EU, however, can act as a temporary trustee for the
process, thereby preventing it from breaking down and, given its
knowledge of the regional situation, help the parties to find practical
solutions for some of the most complicated final-status questions - for
example, the political division of Jerusalem as the future capital of
two states - only to hand back the process and the role of external
guidance to Washington once the new administration there is ready for
it. As an active trustee in this sense, the EU could not only show that
it lives up to its own claim of contributing to crisis management
through preventive diplomacy, it would also demonstrate to the new U.S.
administration how high a peaceful resolution of the Israeli-Palestinian
conflict ranges on the European list of priorities, and how useful it
can be for the United States to cooperate on this with its
trans-Atlantic partners.
|Signs of the Times |Israel
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Islam
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Dividing the Land
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Solana| NewWorldOrder|
1st
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I agree with Fulfilled Prophecy
regarding the must-read nature of this story and thank them for
their watching of the many things I would miss were it not for their
diligence. I wonder what would happen if some kind of Middle East
war were to break out and through it all, a particular person who
helped author part of the roadmap were to actually bring the
peace agreement to fruition and divide Israel? I believe he could be
seen as an incredibly good diplomat and give further credibility to
give him more power to bring peace in the world. Keep watching...
Credit crisis triggers unprecedented response
The Washington Post
(August 8, 2008) - Since the credit crisis
erupted a year ago, the Bush administration has presided over one of the
broadest expansions of the government into private lending in U.S.
history, risking public money to prop up financial firms both large and
small. The administration has transformed federal agencies into dominant
players in such diverse realms as student lending and mortgage finance
while exposing itself to trillions of dollars in loans. The scope of
these commitments demonstrates the unprecedented nature of the challenge
facing the nation. Not since the Great Depression have so many debt
markets been in turmoil at the same time, financial historians say.
During the savings and loan crisis of the late 1980s and early 1990s,
for example, the financial upheaval was largely contained to banks and
thrifts, though the real estate market also felt the impact. Now, the
contagion has rapidly spread from mortgages to bonds and exotic
securities, student and corporate lending, credit cards and home equity
loans, and residential and commercial real estate. The disruption has
buffeted investment and commercial banks, mortgage finance agencies, and
insurance firms of different stripes. "We have a banking crisis and an
agency crisis and a mortgage crisis and a coming credit card crisis.
We've never seen anything like that before. And it all seems to be
coming home to roost at the same time. That's never happened either,"
said Charles Geisst, professor of finance at Manhattan College. He said
the Great Depression was the last time financial markets were hammered
by such a variety of factors. "But we did not even have credit cards in
the 1930s; there were no such thing as student loans," he added. The
breadth and speed of events have sent federal officials scrambling to
plug leaks in the financial system. In the process, the government
has bound taxpayers to the fate of a wide variety of banks and borrowers
and could ultimately be responsible for losses in the tens of billions
of dollars or more, according to estimates by congressional reports and
interviews with regulators. But the government may also end up
paying nothing at all, largely because it received collateral in return
for backing much of these debts and could recoup some money if borrowers
stop making their interest payments. No one knows for sure because much
of the government's response involved novel programs designed to contain
an unpredictable crisis. As the credit crisis worsened, Treasury
Secretary Henry M. Paulson Jr., a strong proponent of free markets and
the architect of much of the administration's response, began to push
initiatives that enlarged the government's involvement on Wall Street
and in the housing industry. "What I've said is that I'm playing the
hand that was dealt and that my responsibility is to protect the U.S.
economy and the American people," Paulson said in an interview. The pace
of these interventions accelerated as the credit crisis spread across
the capital markets. At first, the administration avoided programs that
exposed taxpayers to potentially large losses. The Federal Housing
Administration, for instance, offered struggling mortgage holders a
chance to refinance into low-cost loans backed by the government with
any losses borne by the agency's insurance fund. Last summer, Paulson
also pressed private mortgage lenders to form an alliance called Hope
Now to rework mortgages. The initiative did not require public funds,
except to set up a hotline, and it may have prevented lawmakers at that
time from pursuing more expensive initiatives, he said. Within months,
however, Paulson was directing more significant intrusions into the
markets. In March, he strongly endorsed the Fed leaders' decision to put
$29 billion in public money on the line to facilitate the takeover of
the crippled investment firm Bear Stearns by Wall Street bank J.P.
Morgan Chase. In April, Paulson helped the Department of Education set
up emergency programs to ensure students could get loans as private
lenders fled the business because of trouble in the credit markets.
Education officials ramped up their direct lending, which some analysts
say could reach $75 billion, and got new authority from Congress to buy
loans outright from lenders. Then, last month, Paulson pushed for new
authority to lend or invest in mortgage giants, Fannie Mae and Freddie
Mac, which the Congressional Budget Office said could impose a wide
range of costs to taxpayers, from nothing to more than $100 billion.
Along the way, the Fed was injecting money into the banking system,
including through several new, unusual programs. In negotiations over
the Bear Stearns rescue, the Fed agreed to back $30 billion worth of
risky mortgage assets but persuaded J.P. Morgan to absorb the first $1
billion of any losses. At the end of July, the portfolio was worth $29.1
billion, according to the central bank. Because the Fed can be patient
and sell the assets gradually over time, officials believe taxpayers
are highly unlikely to lose more than a couple billion dollars and
the central bank may ultimately make some money. more... | NewWorldOrder|
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Economic Crisis
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This all seems to be leading to
a point where our current financial system could be most easily
replaced by a global cashless system and the nations indebted to
those with wealth and power would have no alternatives but to join
the global banking system that offers stability and security,
forgiving debts in exchange for allegiance. I don't think this will
be fully implemented until after the
abomination of desolation, but I also believe that we're
building up to that point now. Keep watching!
EU keeps ticking
without Lisbon treaty, report says
EU Observer
(August 8, 2008) - Europe continues to work
without the Lisbon treaty and the demise of the document would not be a
catastrophe for the bloc, an influential think tank has said. In an
assessment of Ireland's referendum rejection of the EU treaty published
on Thursday (7 August), the London-based Centre for European Reform
concludes that "Europe works fairly well in many areas with the current
treaties." It notes that the 27-nation bloc continues to achieve results
and "integrate" using intergovernmental bodies such as the European
Defence Agency and through new laws such as those on liberalising the
energy market in Europe or the Emissions Trading Scheme. But the paper
suggests that the EU would be "much better off" with the Lisbon Treaty -
already ratified by 23 member states - as it would clear up the
"dreadful arrangements" for managing EU foreign policy, currently a
mishmash of personalities and responsibilities. It would also allow
easier decision-making in the area of justice and home affairs and give
more power to national parliaments, writes Charles Grant, the author of
the report and director of CER. His assessment concludes that there are
three possible options ahead, with the treaty needing ratification by
all member states if it is to go into place.
Under the first scenario, Ireland would hold a second referendum having
secured reassurance from its EU partners that certain areas such as tax,
neutrality and abortion would not be affected by the treaty. Timing
would be important. If Dublin does not hold the referendum before April
next year, then the current rules for reducing EU commissioners - and
the haggling this entails - will remain in place.
The second scenario envisages Dublin refusing to have a second
referendum although this is likely to result in "huge pressure" from the
French EU presidency, amongst others. This would likely mean that while
the Lisbon treaty as a whole would be ditched, governments would try and
salvage parts of it using Croatia's accession treaty.
Under the third "most poisonous" scenario, Ireland
would hold a second referendum and vote No, leading to "internal
divisions," with countries such as Britain and central European states
likely to block any attempt to kick the country out of the EU. The paper
predicts that whatever eventually happens with the Lisbon Treaty, it is
likely to be the last attempt by the EU to adopt a "big, comprehensive"
treaty. Instead the bloc will probably opt for sectoral treaties in
areas such as energy or migration policy in future. more...
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Managing Global Security per German Foreign Minister Walter Steinmeier
Constance Cumbey
(July 29, 2008) - This was a telling speech
given to the latest "Managing Global Insecurity" conference. It was
delivered at the Berlin site of the MGI July 14-15 Conference co-held by
the Brookings Institution and the Bertelsmann Foundation. It was given
by German Foreign Minister Walter Steinmeier. As it says, they are now
'singing from the same sheet." Having read and listened so very many
times to Javier Solana's launching speech delivered
March 21, 2007 in Washington, D.C., I cannot help but notice the
deep similarities to the speech given now by one of the constituent
foreign ministries to Javier Solana's European wide one. You may read
Solana's launching speech last year by
clicking here. As a former political speech writer, I wonder who
composed this one? As you can see from the context, they have BIG
PLANS for 2009.Stay tuned!
"Mr. Secretary-General Ban Ki-moon, Mr. Pachauri,
Javier [Solana], Mr. [Strobe] Talbott, Mr Thielen, Mr. Ischinger,
Excellencies, distinguished friends, First of all, I would like to
thank you most warmly for this opportunity to speak to you this
evening. And I would like to extend a special welcome to our guests
from abroad. I am delighted to welcome you to Berlin! This really is
an impressive gathering of foreign and security experts tonight!
Ladies and gentlemen, If we look back only 20 years, nobody could
have predicted what this place, this area would look like today:
This used to be a place of division, the Berlin Wall just a couple
of hundred metres down the road. Now exchanges of free thoughts and
ideas - such as ours tonight - are possible just across the street
from where some of the most important institutions of communist East
Germany used to have their seat: the Central Committee in the
building now occupied by the Federal Foreign Office, the People"s
Chamber and the State Council. There are signs that 20 years from
now the world will have changed dramatically again. And I share with
you, Mr Talbott, and your partners in the Managing Global Insecurity
Project, the strong conviction that today we have an opportunity and
a duty to try to shape this future. I really appreciate the
undertaking led by the Brookings Institution and I am looking
forward to the results and proposals you present. Ladies and
gentlemen, as we all know now, after the fall of the Iron Curtain,
the world did not enter a phase of "capitalist peace". Neither did
it mean the end of history, as some analysts and prophets used to
put it. Instead, from the early nineties to the present day
globalization has been the name of the game, shifting the
traditional patterns of geo-economic and geo-political realities.
The tragic events of 11 September 2001 and the ongoing struggle
against fundamentalism [emphasis added]and
international terrorism in Afghanistan and beyond is a constant
reminder of the threats we still face today. And it seems that the
scope of threats undermining peace and stability is widening.
International terrorism has been joined by a new cluster of
challenges, jolting the very basis of our system of global
governance. Food insecurity, climate change, growing competition for
resources as well as global financial turmoil are undermining global
stability, international law and democratic transition worldwide.
That has rarely been more obvious than in the last few months. And
what these last few months have shown is that our current system of
global governance is not sufficiently prepared to deal with these
new challenges. We are in the midst of a global reorientation, a
collective process of adjustment in reaction to these new
challenges. We need to come up with new concepts to master them.
'Responsible Sovereignty' - as you term it in your project - refers
to the most important part of this new approach: shared
responsibility among the members of the international community,
maximizing the opportunities and minimizing the risks brought about
by the changed international situation. Indeed, we are singing from
the same sheet. I have called in my recent speeches for a Global
Responsibility Partnership in the world’s search for a new global
order... One thing is clear: no country and none of the traditional
alliances - present or future - can shoulder these tremendous tasks
alone. By global we mean truly global. We cannot manage the new
challenges without integrating the emerging powers of Asia, Latin
America and Africa into rules-based global regimes. We need to think
about possible designs for a renewed international framework of
institutions. A framework that can handle both old and new threats,
hard and so-called soft security issues. In all these challenges we
either win together or we fail together. Therefore, we need to come
up with a way to not only link up our capacities to anticipate and
prevent threats but also to identify our joint political interests,
to forge global consensus and to strengthen international
cooperation. Responsibility and Cooperation - these are the key
terms for shaping the 21st century. Ladies and gentlemen, This world
needs a fresh approach to global governance - an approach that is
more holistic, more inclusive, more proactive and more focused on
the real challenges of the 21st century. And, ladies and gentlemen,
the time is ripe to work towards such a new approach: 2009 is the
year of opportunities. A newly elected President in Russia, a new US
President, China after the Olympics: all these changes push open a
window of opportunity to create a legitimate and effective world
order for the 21st century. Let me just make one brief remark
regarding the G8. In the coming year, the G8 plus 5 Heiligendamm
process will be reviewed during Italy"s G8 Presidency. I have said
before that we need to both deepen and broaden the outreach process.
I advocate making the outreach format more inclusive - let’s make it
a G 13! - and, at the same time, strengthening the conclave
character of the G8. more...
U.S. companies vulnerable to foreign buyers
Reuters
(July 29, 2008) - With a record volume of international takeovers
of U.S. companies, it almost appears America itself is up for sale. The
weak dollar and slumping stock prices of U.S. companies has created a
window of opportunity for international buyers to snatch up American
icons such as beer brewer Anheuser-Busch Cos Inc and the landmark
Chrysler Building in New York. "The dollar has depreciated so much that
America is on the sale rack," said Sung Won Sohn, a professor of
economics at California State University. "America has such an appetite
for foreign goods -- Chinese imports and oil -- that U.S. dollars have
gone overseas. Now, many Americans aren't happy that foreign companies
are buying pieces of America with the money we gave them in the first
place," Sohn said. In the second quarter, acquisitions of U.S. companies
by international buyers totaled $124.3 billion, marking the highest
total for any second quarter on record and jumping 23 percent over the
year-earlier quarter, according to research firm Dealogic. International
takeovers represented 22 percent of all U.S. merger activity in the
first half of the year, up from 17 percent in the first half of 2007,
according to research firm Dealogic. InBev NV's deal to acquire
Anheuser-Busch for $52 billion gave Belgium the distinction of being the
most active foreign buyer of U.S. assets in the first half of this year,
followed by Spain and Canada, Dealogic said. The Anheuser-Busch deal
ranked as the second-biggest cross-border acquisition of a U.S. company
in history, following Vodafone Group Plc's $60.3 billion
acquisition of AirTouch Communications in 1999, according to Thomson
Reuters. Other U.S. assets recently falling into international hands
include Barr Pharmaceuticals Inc, which agreed to be acquired by
Israel's Teva Pharmaceutical Industries Ltd, the world's largest generic
drug company, for $7.46 billion; and eye care company Alcon Inc which is
being bought by Switzerland's Novartis AG for about $27.7 billion.
Earlier this month, Swiss drugmaker Roche AG made a bid to acquire the
shares of its U.S. partner Genentech Inc it does not already own for
$43.7 billion. Even the Pennsylvania Turnpike awarded long-term leasing
rights to a Spanish-led investor group for $12.8 billion. Although some
investment bankers and analyst pin the spike in cross-border activity to
the weak dollar, others contend that strategy and the desire to expand
globally were the motivators behind many of these recent corporate
deals. "Strategic buyers don't wake up in the morning and say: 'This
currency is cheap. I'm going to go do a deal.' They do a deal because
it's strategic and makes sense," said Herald Ritch, president and
co-chief executive officer of investment bank Sagent Advisers. "There's
no question that, on the margin, currency levels tend to influence
decisions, but strategic deals get done because they fit a company's
strategy," Ritch said. European companies have been the most active
buyers of U.S. assets, with 314 deals so far this year, compared with
117 deals by Asian acquirers, and 33 by African and Middle Eastern
buyers, according to Thomson Reuters. "Europe and the U.S. dominate deal
activity globally, so it makes sense that deals between those areas
would predominate," Ritch said. Although some investment bankers view
the second quarter's record pace of U.S. takeovers as an anomaly, Sohn
said the 13-percent depreciation of the dollar against major currencies
over the past 18 months should fuel more acquisitions. "There are
trillions of dollars overseas that have to be put to work. This is just
the tip of the iceberg," Sohn said.
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How does Europe become the
international power and authority Bible prophecy says it will be?
Slowly and surely, bit by bit. Sung Won Sohn makes the statement
that "America has such an appetite for foreign goods -- Chinese
imports and oil -- that U.S. dollars have gone overseas." Have you
noticed that you can't buy anything that isn't made in China today?
I certainly haven't had any great desire to see manufacturing go
overseas as it has, but policy has pushed it there because it's
cheaper and this world, especially the business world, runs on
money. America doesn't have many options when it comes to its desire
for Chinese imports because business and government have created it
this way. Is there an over-arching plan behind it? Given what Bible
prophecy says and where we're headed, it's hard for me to deny the
dots are connected. There's so much more out there relegated to
"conspiracy theory" as well which all points toward the same
conclusions. America is being sold out and this will help prop
Europe up as the center it is prophesied to be.
America is ceding power to Europe and being drained of its
manufacturing ability and strength. Business and law are moving
internationally, globally and what is a possible end to this? A
nation in debt who will be forgiven that debt along with the rest of
the world if they just
take a mark and worship the
man of sin who claims to be God. The technology and methodology
is already present and easily implementable while the conditions
that would call for its implementation are fast approaching in line
with
other signs of the times. Bible prophecy isn't fairy tales, it's
foreknowledge dictated by God for the benefit of those who trust
God's Word and to make us aware and awake as the time draws near.
Keep watching!
Barack Obama and the UN’s Drive for Global Governance
Christian Worldview Network
(July
18, 2008) - Senator Barack Obama has introduced a dangerous
bill and it’s on the fast track to Senate passage, probably because
of his high profile position as the expected Democrat presidential
nominee. Obama hasn’t done much legislatively in his freshman Senate
term, but this one is very telling about what we can expect from a
President Obama. The bill is the “Global Poverty Act” (S.2433) and
is not just a compassionate bit of fluff that Obama dreamed up to
help the poor of the world. This bill is directly tied to the United
Nations and serves as little more than a shakedown of American
taxpayers in a massive wealth redistribution scheme. In fact, if
passed, The Global Poverty Act will provide the United Nations with
0.7% of the United States gross national product. Estimates are that
it will add up to at least $845 billion of taxpayer money for
welfare to third world countries, in addition to the $300 billion
Americans spent for the same thing in 2006. The situation is urgent
because the Global Poverty Act has already passed the House of
Representatives by a unanimous voice vote on September 25, 2007. The
senate version has been passed out of the Senate Foreign Relations
Committee by unanimous consent and ready for a full Senate vote. Of
course the United States has had an ongoing program of supplying
foreign aid and assistance to the poor for decades. And the U.S.
pays most of the bills at the UN for its herd of programs. So what’s
new about Obama’s bill, and why is it dangerous? Some history that
led up to the Global Poverty Act. In 1999 and 2000 non-governmental
organizations, NGOs held numerous meetings around the world to write
what became known as the Charter for Global Democracy. The document
was prepared to be a blueprint for achieving global governance. In
reality it was a charter for the abolition of individual freedom,
national sovereignty and limited government. The Charter for Global
Democracy outlined its goals in 12 detailed “principles:”
Principle One called for the consolidation
of all international agencies under the direct authority of the UN.
Principle Two called for UN regulation of
all transnational corporations and financial institutions, requiring
an “international code of conduct” concerning the environment and
labor standards.
Principle Three explored various schemes
to create independent revenue sources for the UN – meaning UN taxes
including fees on all international monetary transactions, taxes on
aircraft flights in the skies, and on shipping fuels, and licensing
of what the UN called the “global commons,” meaning use of air,
water and natural resources. The Law of the Sea Treaty fits this
category.
Principle Four would restructure the UN by
eliminating the veto power and permanent member status on the
Security Council. Such a move would almost completely eliminate U.S.
influence and power in the world body. In turn Principle Four called
for the creation of an “Assembly of the People” which would be
populated by hand-picked non-governmental organizations (NGOs) which
are nothing more than political groups with their own agendas (the
UN calls NGOs “civil society”). Now, the UN says these NGO’s will be
the representatives of the “people” and the Assembly of the People
will become the new power of the UN.
Principle Five would authorize a standing
UN army.
Principle six would require UN
registration of all arms and the reduction of all national armies
“as part of a multinational global security system” under the
authority of the UN.
Principle Seven would require individual
and national compliance with all UN “Human rights” treaties and
declarations.
Principle Eight would activate the UN
Criminal Court and make it compulsory for all nations -- now
achieved.
Principle Nine called for a new
institution to establish economic and environmental security by
ensuring “Sustainable Development.”
Principle Ten would establish an International
Environmental Cort
Principle Eleven demanded an international
declaration stating that climate change is an essential global
security interest that requires the creation of a “high level action
team” to allocate carbon emissions based on equal per-capita rights
-- The Kyoto Global Warming Treaty in action.
Principle Twelve demanded the cancellation
of all debt owed by the poorest nations, global poverty reductions
and for the “equitable sharing” of global resources, as allocated by
the UN -- here is where Obama’s Global Poverty Act comes in.
Specifically, the Charter for Global Democracy was
intended to give the UN domain over all of the earth’s land, air and
seas. In addition it would give the UN the power to control all natural
resources, wild life, and energy sources, even radio waves. Such control
would allow the UN to place taxes on everything from development; to
fishing; to air travel; to shipping. Anything that could be defined as
using the earth’s resources would be subject to UN use-taxes.
Coincidentally, all twelve principles came directly from the UN’s
Commission on Global Governance. more...
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Americans may be losing faith in free markets
Los Angeles Times
(July 16, 2008) - For a generation, most people accepted the idea
that the core of what makes America tick was an economy governed by free
markets. And whatever combination of goods, services and jobs the market
cooked up was presumed to be fine for the nation and for its citizens --
certainly better than government meddling. No longer. Spurred by the
continued housing crisis, turmoil in financial markets, spiking oil
prices, disappearing jobs and shrinking retirement savings, the nation
and its political leaders have begun to sour on the notion that the
current market system is the key to a fair, stable and efficient
society. "We're at a hinge point," said William A. Galston, a senior
fellow at the Brookings Institution in Washington who helped craft
President Clinton's market-friendly agenda during the 1990s. "The strong
presumption in favor of markets, which has dominated public policy since
the late 1970s, has been thrown very much into question." Now, to a
degree not seen in years, politicians and outside experts are looking
with favor at more, not less, government involvement in the economy. Of
course, Americans always grouse during troubled times. And as market
advocates are quick to point out, the current run of bad economic breaks
has yet to result in the throwing over of free-market principles in
favor of some drastically different approach -- such as a
government-directed economy. "There may be a backlash against markets at
the moment," acknowledged Kevin A. Hassett, economic studies director at
the American Enterprise Institute in Washington and an advisor to
presumed Republican presidential nominee John McCain. "But the backlash
doesn't seem to be informed by any alternative view of how the world
works." more... | NewWorldOrder|
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U.N. scheme to make Christians criminals
WorldNet Daily
(July 10,
2008) - Dozens of nations dominated by Islam are pressing the
United Nations to adopt an anti-"defamation" plan that would make
Christians criminals under international law, according to a United
States organization that has launched a campaign to defend freedom of
religion worldwide. "Around the world, Christians are being increasingly
targeted, and even persecuted, for their religious beliefs. Now, one of
the largest organizations in the United Nations is pushing to make a bad
situation even worse by promoting anti-Christian bigotry," the American Center for Law &
Justice said yesterday in announcing its petition drive. The
discrimination is "wrapped in the guise of a U.N. resolution called
'Combating Defamation of Religions,'" the announcement said. "We must
put an immediate end to this most recent, dangerous attack on faith that
attempts to criminalize Christianity." The "anti-defamation" plan has
been submitted to the U.N. repeatedly since about 1999, starting out as
a plan to ban "defamation" of Islam and later changed to refer to
"religions," officials said. It is being pushed by the 57-member
Organization of the Islamic Conference nations, which has adopted the
Cairo Declaration of Human Rights in Islam, "which states that all
rights are subject to sharia law, and makes sharia law the only source
of reference for human rights." The
ACLJ petition, which is to be delivered to the United Nations High
Commissioner on Human Rights, already had collected more than 23,000
names in just a brief online existence. The ACLJ's European division,
the European Center for Law & Justice, also has launched its work on the
issue. It submitted arguments last month to the U.N. in opposition to
the proposal to institute sharia-based standards around the globe. "The
position of the ECLJ in regards to the issue of 'defamation of religion'
resolutions, as they have been introduced at the U.N. Human Rights
Council and General Assembly, is that they are in direct violation of
international law concerning the rights to freedom of religion and
expression," the organization's brief said. "The 'defamation of
religion' resolutions establish as the primary focus and concern the
protection of ideas and religions generally, rather than protecting the
rights of individuals to practice their religion, which is the chief
purpose of international religious freedom law." "Furthermore,
'defamation of religion' replaces the existing objective criterion of
limitations on speech where there is an intent to incite hatred or
violence against religious believers with a subjective criterion that
considers whether the religion or its believers feel offended by the
speech," the group continued. Interestingly, in nations following Islam,
the present practice is to use such laws to protect Islam and to attack
religious minorities with penalties up to and including execution, the
brief noted. "What should be most disconcerting to the international
community is that laws based on the concept of 'defamation of religion'
actually help to create a climate of violence," the argument explained.
more...
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What happens when the world is
worshipping the man of sin foretold in scripture? Remember that most
of the world will be deceived...
Revelation 13:4-5, 15 And they worshipped the dragon which gave power unto the
beast: and they worshipped the beast, saying, Who is like unto
the beast? who is able to make war with him? And there was given
unto him a mouth speaking great things and blasphemies; and
power was given unto him to continue forty and two months.
And he had power to give life unto the image of the beast, that
the image of the beast should both speak, and cause that as many
as would not worship the image of the beast should be killed.
U.S. and EU near deal on sharing data
International Herald Tribune
(June 28, 2008) - The United States and the
European Union are nearing completion of an agreement that would allow
law enforcement and security agencies to obtain private information -
including credit card transactions, travel histories and Internet
browsing habits - about people on the other side of the Atlantic Ocean.
Seeking to improve information-sharing to fight crime and terrorism,
government officials have been meeting since February 2007 to reach a
pact. Europe generally has more-stringent laws restricting how
governments and businesses can collect and transfer personal data, which
have led to high-profile disputes over American demands for such
information. Negotiators have largely agreed on draft language for 12
major issues that are central to a "binding international agreement"
making clear that it is lawful for European governments and companies to
transfer personal information to the United States, and vice-versa,
according to an internal report obtained by The New York Times. American
and European Union officials are trying to head off future
confrontations "by finding common ground on privacy and by agreeing not
to impose conflicting obligations on private companies," said Stewart
Baker, the assistant secretary for policy at the Department of Homeland
Security, who is involved in the talks. "Globalization means that more
and more companies are going to get caught between U.S. and European
law." Paul Schwartz, a law professor at the University of California,
Berkeley, said such a blanket agreement could transform international
privacy law by eliminating a problem that has led to negotiations of
"staggering" complexity between Europe and the United States. "The
reason it's a big deal is that it is going to lower the whole
transaction cost for the U.S. government to get information from
Europe," Schwartz said. "Most of the negotiations will already be
completed. They will just be able to say, 'Look, we provide adequate
protection, so you're required to turn it over."' But the prospect that
the agreement might lower barriers to sending personal information to
the U.S. government has alarmed privacy-rights advocates in Europe. The
Bush administration and the European Commission, the EU's executive
body, have not publicized the talks. But in a little-noticed paragraph
deep in a joint statement following a summit meeting between President
George W. Bush and European leaders in Slovenia this month, the leaders
hailed their progress. Issued June 10, the statement declared that "the
fight against transnational crime and terrorism requires the ability to
share personal data for law enforcement," and it called for the creation
of a "binding international agreement" to facilitate such transfers
while also ensuring that citizens' privacy is "fully" protected. In
addition, businesses that operate on both sides of the Atlantic are
pushing to eliminate the prospect of getting caught between conflicting
legal obligations. "This will require compromise," said Peter Fleischer,
the global privacy counsel for Google. "It will require people to agree
on a framework that balances two conflicting issues - privacy and
security. "But the need to develop that kind of framework is becoming
more important as more data moves onto the Internet and circles across
the global architecture." more...
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PLO Sees Bush's Exit as Chance for EU To Take Over
One News Now
(June 24, 2008) - Hind Khoury, French
ambassador of the Palestine Liberation Organization (PLO), said Monday
that next year's exit of American President George W. Bush from office
will allow France and the rest of the European Union (EU) to exercise a
more powerful role in the Middle East. Khoury noted that French
diplomats have expressed they are prepared to "shake hands with
Hizbullah." French President Nicolas Sarkozy met on Monday with
Palestinian Authority (PA) leaders, including Khoury, at the French
consulate in Jerusalem.
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Scientist: 'Global warming' scheme to push global taxWorldNet Daily
(June 19, 2008) - A scientist whose
reservations about "global warming" have been officially endorsed by
tens of thousands of other scientists is accusing the U.N. of using "mob
rule" to generate fear-mongering climate change reports intended to
scare national leaders into submitting to its worldwide taxation
schemes. "Science has always progressed on the basis of observations,
experiments, and thoughts published by individual scientists and
sometimes pairs or small groups of scientific coworkers," Art Robinson,
a research professor of chemistry and co-founder of the Oregon Institute
of Science and Medicine, said in a recent column in Human Events. Except
at the U.N., he said. Robinson's concern over the political manipulation
of science earlier led him to launch the
Petition
Project, a compilation of more than 31,000 scientists – with more
names arriving daily – who have voluntarily signed their names to the
following statement:
"There is no convincing scientific evidence that
human release of carbon dioxide, methane, or other greenhouse gases
is causing or will, in the foreseeable future, cause catastrophic
heating of the Earth's atmosphere and disruption of the Earth's
climate. Moreover, there is substantial scientific evidence that
increases in atmospheric carbon dioxide produce many beneficial
effects upon the natural plant and animal environments of the
Earth."
He said the scientific process begins with the results
of individuals' work and their distribution of their ideas. "A few of
these published articles are especially valuable; a greater number,
while not remarkable, provide relative mundane studies that add to the
infrastructure of science; many are not useful at all; and some are
completely wrong. As individual scientists read these articles, they use
their own wisdom, knowledge, and judgment to separate new information
that they find valuable from information that they find of no use,"
Robinson said. Eventually, the good, accurate and valuable information
is advanced. "Always, scientific progress is a result of a large number
of individual decisions that trend in a specific direction," he said.
Not so, however, at the United Nations. Especially with the
organization's
Intergovernmental Panel on Climate Change, which has generated many
of the claims of catastrophic results of man's use of hydrocarbon fuels,
including submerged coastlines and a deadly, massive expansion of
African deserts. The IPCC website boasts of sharing the 2007 Nobel Peace
Prize with Al Gore Jr. for "efforts to build up and disseminate greater
knowledge about man-made climate change." It also notes its goals are to
eradicate poverty and hunger, achieve universal primary education,
promote gender equality, reduce child mortality, improve mothers'
health, combat HIV/AIDS, ensure environmental sustainability and others.
"The IPCC provides its reports at regular intervals and they immediately
become standard works of reference, widely used by policymakers, experts
and students," the organization itself says. "The primary requirement
for selection is a willingness to participate in the United Nations' new
'process' and the agenda behind it," Robinson said. "These people study
and discuss the current and past research literature concerning climate
and climate prediction. … These emanations are closely observed by a
very select small group of United Nations operatives." At the end of the
meetings, "this small group of observers combines the products of the
meeting into a large important-looking report – carefully editing the
report so that it supports United Nations political objectives,"
Robinson said. "At no time is this report submitted to the 600-plus
'scientists.'" The results then are distributed as "settled science," he
said, "regardless of the fact that the scientists involved do not agree
upon the text. … The elite few who oversaw the meeting and interpreted
its results are special. They are the U.N.'s anointed messengers of the
truth." A spokeswoman for the United Nation's Secretary General Ban
Ki-Moon declined to respond to WND questions about the process,
referring those questions to the IPCC office in Geneva. There a
spokeswoman confirmed for WND the process that has a small number of
specially appointed U.N. operatives write reports following "scientific"
meetings. Also, "science" has become devalued. "And nowhere is it more
abused than in the United Nations, where institutionalized mob rule is
called 'science,'" he said. "In its headlong drive to gain the power to
tax and ration world energy (and thereby control world technology –
sharing taxation authority with other governments in return for their
support) the United Nations has created a 'process,' which it calls
'science,'" he said. In real science, however, "truths are never
determined through such meetings; unsolved scientific questions are
never resolved by such meetings; and scientific articles are never
published unless every putative or listed author has personally approved
every word of the publication," Robinson said. "Scientific truth is
never decided by meetings organized to decide which ideas are true and
which are false. more...
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Senate Housing Bill Requires eBay, Amazon, Google, and All Credit Card
Companies to Report Transactions to the GovernmentFreedom Works
(June 19, 2008) - Update: Senate Finance
Committee Ranking Member Charles Grassley is pushing the bill. Hidden
deep in Senator Christopher Dodd's 630-page Senate housing legislation
is a sweeping provision that affects the privacy and operation of nearly
all of America's small businesses. The provision, which was added by the
bill's managers without debate this week, would require the nation's
payment systems to track, aggregate, and report information on nearly
every electronic transaction to the federal government. FreedomWorks
Chairman Dick Armey commented: "This is a provision with astonishing
reach, and it was slipped into the bill just this week. Not only does it
affect nearly every credit card transaction in America, such as Visa,
MasterCard, Discover, and American Express, but the bill specifically
targets payment systems like eBay's PayPal, Amazon, and Google Checkout
that are used by many small online businesses. The privacy implications
for America's small businesses are breathtaking." "Privacy groups like
the
Center for Democracy and Technology and small business
organizations like the NFIB sharply criticized this idea when it first
appeared earlier this year. What is the federal government's purpose
with this kind of detailed data? How will this database be secured, and
who will have access? Many small proprietors use their Social Security
number as their tax ID. How will their privacy be protected? What
compliance costs will this impose on businesses? Why is Sen. Chris Dodd
putting this provision in a housing bailout bill? The bill also includes
the creation of a new national fingerprint registry for mortgage
brokers. "At a time when concerns about both identity theft and
government spying are paramount, Congress wants to create a new honey
pot of private data that includes Social Security numbers. This bill
reduces privacy across America's payment processing systems and treats
every American small business or eBay power seller like a criminal on
parole by requiring an unprecedented level of reporting to the federal
government. This outrageous idea is another reason to delay the housing
bailout legislation so that Senators and the public at large have time
to examine its full implications." From the
Senate Bill Summary:
Payment Card and Third Party Network
Information Reporting. The proposal requires information
reporting on payment card and third party network transactions.
Payment settlement entities, including merchant acquiring banks and
third party settlement organizations, or third party payment
facilitators acting on their behalf, will be required to report the
annual gross amount of reportable transactions to the IRS and to the
participating payee. Reportable transactions include any payment
card transaction and any third party network transaction.
Participating payees include persons who accept a payment card as
payment and third party networks who accept payment from a third
party settlement organization in settlement of transactions. A
payment card means any card issued pursuant to an agreement or
arrangement which provides for standards and mechanisms for settling
the transactions. Use of an account number or other indicia
associated with a payment card will be treated in the same manner as
a payment card. A de minimis exception for transactions of $10,000
or less and 200 transactions or less applies to payments by third
party settlement organizations. The proposal applies to returns for
calendar years beginning after December 31, 2010. Back-up
withholding provisions apply to amounts paid after December 31,
2011. This proposal is estimated to raise $9.802 billion over ten
years.
Ireland to hold second referendum
The Australian
(June 23, 2008) -
THE Irish Government is expected to bow to Franco-German pressure and
hold a second referendum to try to rescue the Lisbon treaty that voters
rejected this month. The plan for a possible new vote in Ireland, being
discussed by some ministers in Dublin, will be greeted with outrage by
opponents of the treaty in Britain. Irish ministers say they might be
able to rescue the treaty if they can secure concessions from Europe to
placate voters on a list of issues. "A yes vote can be achieved if the
Irish people are offered guarantees on issues like defence and
taxation," said one senior Irish official. "The no campaign will be
picked off one by one. Everyone has a price." The likely time for a new
referendum is next spring so that the treaty can come into force before
the June 2009 European election campaign for the Brussels parliament.
The date is favoured by French President Nicolas Sarkozy and German
Chancellor Angela Merkel. If the Irish vote no again, British Prime
Minister Gordon Brown would have to choose between siding with Ireland
to stop its citizens being turned into second-class Europeans or siding
with France and Germany to push ahead with further EU integration.
Concessions likely to be sought by Ireland include guarantees to protect
its neutrality in the event of European armed forces being created, the
reinstatement of its right to a European commissioner, and the right to
set its own abortion laws and corporate tax rates. Mr Sarkozy is
determined to "save" the EU as France takes over the rotating presidency
on July 1. "It is not written down in the summit conclusions, but
everyone agreed that we need to get out of this before next year's
European elections," Mr Sarkozy said last week. He said European leaders
had already mandated France to ensure the EU "does not grind to a halt".
Both Mr Sarkozy and Ms Merkel have exerted subtle pressure on Ireland
and its potential allies by threatening the end of the EU's enlargement
east if theLisbon treaty does not come into force. The French President
will visit Ireland on July 11 for talks with Brian Cowen, the Taoiseach,
or Prime Minister. "We will try to make this 'no' an opportunity," he
said, pledging to use "English pragmatism" to find a solution. The Irish
Government has to decide its next move before the European Council
meeting on October 15. more...
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RBS issues global stock and credit crash alert
Telegraph UK
(June 19, 2008) -
The Royal Bank of Scotland has advised clients to brace for a
full-fledged crash in global stock and credit markets over the next
three months as inflation paralyses the major central banks. "A very
nasty period is soon to be upon us - be prepared," said Bob Janjuah, the
bank's credit strategist. A report by the bank's research team warns
that the S&P 500 index of Wall Street equities is likely to fall by more
than 300 points to around 1050 by September as "all the chickens come
home to roost" from the excesses of the global boom, with contagion
spreading across Europe and emerging markets. Such a slide on world
bourses would amount to one of the worst bear markets over the last
century. RBS said the iTraxx index of high-grade corporate bonds could
soar to 130/150 while the "Crossover" index of lower grade corporate
bonds could reach 650/700 in a renewed bout of panic on the debt
markets. "I do not think I can be much blunter. If you have to be in
credit, focus on quality, short durations, non-cyclical defensive names.
"Cash is the key safe haven. This is about not losing your money, and
not losing your job," said Mr Janjuah, who became a City star after his
grim warnings last year about the credit crisis proved all too accurate.
RBS expects Wall Street to rally a little further into early July before
short-lived momentum from America's fiscal boost begins to fizzle out,
and the delayed effects of the oil spike inflict their damage. "Globalisation
was always going to risk putting G7 bankers into a dangerous corner at
some point. We have got to that point," he said. US Federal Reserve and
the European Central Bank both face a Hobson's choice as workers start
to lose their jobs in earnest and lenders cut off credit. The
authorities cannot respond with easy money because oil and food costs
continue to push headline inflation to levels that are unsettling the
markets. "The ugly spoiler is that we may need to see much lower global
growth in order to get lower inflation," he said. more...
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EU Presses Ahead With Treaty Ratification Despite Irish "No"
Deutsche Welle
(June 18, 2008) -
Ahead of a summit in Brussels, the European Union called Wednesday
for the ratification process of the Lisbon Treaty to continue despite
its crushing rejection by Irish voters last week. A planned two-day
European Union summit which opens on Thursday, June 19, meant to focus
on weighty topics such as rising oil prices is likely to be overshadowed
by the institutional crisis plaguing the bloc after Irish voters last
week resoundingly rejected the Lisbon treaty. Ireland plunged the
European Union into chaos last week when 53 percent of voters rejected
the treaty meant to streamline the bloc's cumbersome institutions and to
make it more efficient after a recent eastward expansion. Slovenian
Prime Minister Janez Jansa, who will act as chair for the last time as
president of the European Union, insists that "not a single item has
been dropped from the official agenda because of what happened in
Ireland." "Leaders will want to show that they are paying attention to
what matters to consumers, which is oil and food prices," one diplomat
told news agency DPA. Yet despite their best intentions, EU leaders will
inevitably focus on the institutional chaos sparked by Ireland's
rejection of the Lisbon Treaty. European Commission President Jose
Manuel Barroso called on the EU heads of state and government to take
time at Thursday and Friday's summit in Brussels to find a consensus
together with Ireland. "We must work very closely with the Irish
government to help solve this problem," Barroso told members of the
European Parliament in Strasbourg on Wednesday after being harangued by
a group of deputies wearing green sweat shirts emblazoned: "Respect the
Irish Vote." But the Social Democrats warned of a "crisis of trust" in
EU institutions. It was worrying that all the major Irish parties had
called for a yes vote and the electorate had still voted no, Social
Democrat faction leader Martin Schulz said. According to leaked results
of an EU survey published on Tuesday by the Irish Independent, many of
the people who voted no in the referendum did so either because they did
not understand the treaty, or because they had other concerns, such as
immigration and unemployment. Moreover, 70 percent of those who rejected
the treaty thought it could be easily renegotiated. One possible
solution is for Ireland to be granted a number of concessions before
being asked to vote again, either in the autumn or early next year. In
the meantime, leaders have called for the remaining eight national
parliaments to ratify the treaty and have avoided talking about a
"two-speed Europe," whereby some member states would go ahead with
further integration, leaving the sceptics behind. "We want to continue
with a one-speed Europe," Slovenian Prime Minister Janez Jansa said on
Tuesday. more... |
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Eye on the EU: The Trouble With Iron and Clay
Fulfilled Prophecy
(June 14, 2008) -
The Lisbon Treaty was rejected Thursday by Irish
voters. What does their vote mean for the EU and for the
WEU Ten? Guest columnist Mishael Meir — an
attorney with interest in EU legal development — answers this
question. Ireland’s “No” vote on the Lisbon Treaty tells us just how
brittle the EU structure really is. The existing EU treaties gave
rise to a power-thirsty oligarchic government that overlays 27
sovereign democracies. It’s quite a brittle blend of iron and clay,
an iron fist attempting to rule over the pliable clay of democracy.
Having bullied the vote on the Lisbon Treaty out of citizens’ hands
from all but one democracy, the EU heads of state concocted a bait
and switch: get Ireland to say yes by hiding their plans for
expansion of the EU military and security mechanisms until after the
Irish had voted. See
here,
here and
here. Up until the vote results came in early Friday morning, EU
leaders had been huddled behind closed doors, divvying up the power
they hoped would soon be handed over by the member states under the
Lisbon Treaty. As reality sets in and finger pointing begins, the EU
leaders may again pressure the Irish to reconsider and hold a second
referendum, just like they did in 2001 when they agreed to insert
stronger provisions to preserve Ireland’s neutrality as incentive
for the Irish to approve the Nice Treaty on their second vote. More
immediately, the EU will press its member states to continue with
the remaining ratifications through 2008. Without these outcomes,
the EU won’t be able to assess how much work is needed to fashion
yet another means to what they call “institutional efficiency.” See
here. But more on that later. What could deepen this crisis even
further is that the EU could see more “No” votes in coming months.
Thus far, 18 state parliaments have voted “Yes,” Ireland’s citizens
have voted “No,” and eight parliamentary votes remain. Citizens in
the UK and the Netherlands will bring increasing pressure on their
governments to allow them to vote instead of their parliaments. See
here and
here.
Without getting the Irish on board and collecting the remaining
ratifications, it will be nearly impossible for the EU to enact the
failed constitution/Lisbon Treaty under yet another treaty or by
legislation. See
here.
That’s because for EU power to have legitimacy, it has to have at
least the semblance of democratic consent. See
here. It
doesn’t look like it is going to get it. Meanwhile, the
WEU Ten Is the Only Alliance Standing.
more...
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Ireland's no vote: Europe is not going away
Times Online
(June 14, 2008) - It took hundreds of
pages of the Federalist papers, a few dozen men locked for weeks in
a sealed room in Philadelphia and a bloody civil war for the US
constitution to be accepted. So the little local difficulties in
France, the Netherlands and now Ireland must be seen in a broader
perspective. Anti-Europeans are lacing their champagne with Guinness
as they celebrate the “no” vote and proclaim with W.B. Yeats “all
changed, changed utterly”. Yet the EU, its Commission, existing
treaties and directives will still be in place tomorrow. Europe has
been here before and will be again. Ireland's “no” campaigners
accused the wordy Lisbon treaty of introducing abortion and high
taxes, and abolishing peat-cutting, union rights and Irish
neutrality. Then Alistair Darling gave a speech saying that
Ireland's beloved Common Agricultural Policy should be pruned and
Peter Mandelson promised to reduce agricultural protectionism to
help the Doha trade talks. The chance to kick British bigwigs and
their own former prime minister, now helping the authorities with
their inquires, was too tempting. As the money men, the Socialist
Workers' Party, the Unite union and Sinn Fein enjoy their weekend of
joy, Ireland and the rest of Europe will wake up on Monday with a
headache but not much else. Not a single Eurocrat will lose his job.
The bloated 27-strong Commission may even breathe a sigh of relief
as a little-noticed clause in the treaty cut its size. The loss of a
guaranteed EU Commission seat for Ireland was one argument used by
the “no” campaign to defeat the treaty - the first time that
Eurosceptics have sprung to the defence of the Brussels bureaucracy
instead of wanting it slimmed down. The big losers are Turkey and
Croatia. British Tory Eurosceptics hypocritically proclaim their
support for Turkish accession, but know that demanding referendums
on future treaties means an end to enlargement. No EU treaty can
come into force until all signatory nations ratify it. But Ireland
represents 1 per cent of the EU's total population and some
old-fashioned democrats may feel that 1 per cent does not outweigh
the rest of Europe's nations which are saying “yes” to the treaty.
But the rules are clear. Had the Irish voted “yes” and the British
Parliament voted “no”, it is unlikely that Open Europe and Stuart
Wheeler would describe the Irish popular vote as superior to one by
Britain's sovereign parliament. But amid the clamour from anti-EU
campaigners in Britain and other nations to ignore sovereign
parliamentary decisions, some way forward will have to be found. So
what now? First, the Irish Government must tell its 26 EU partners
what happened and why. Secondly, other European nations must stay
calm, despite the screeching of the “no” camp for instant
repudiation of the treaty. Many countries have voted not once but
twice for a new EU rule book. They will be sore that the French and
the Dutch, and now the Irish, have blocked new rules deemed
necessary to make Europe work better. more...
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It will be
interesting to see how this plays into the development of Europe.
With Turkey also losing even more the opportunity to join the EU,
where might they turn to ally themselves if Europe rejects them?
Nicolas Sarkozy plans to bypass Irish no vote
Telegraph
UK
(June 13, 2008) - Nicolas Sarkozy, the
French President, is working with European Union officials and diplomats
to plan a special "legal arrangement" to bypass Ireland's referendum
rejection. Mr Sarkozy takes over the EU's rotating presidency in July
and will be tasked with resurrecting, for a second time, Lisbon Treaty
proposals first contained in the European Constitution rejected by
French and Dutch voters three years ago. Diplomats and officials have no
intention of letting the Irish no vote sink a blueprint to boost the
EU's powers on the international stage and to create a President of
Europe. Gordon Brown has already phoned Paris to promise Mr Sarkozy that
Britain will ignore Ireland to continue parliamentary ratification of
the EU Treaty.
Jean-Pierre Jouyet, the French Europe Minister, has hinted that
Paris already has a legal "fix", such as plans revealed in The Daily
Telegraph on Wednesday, to keep the EU Treaty alive. "The most important
thing is that the ratification process must continue in the other
countries and then we shall see with the Irish what type of legal
arrangement could be found," he said. "We must remain within the
framework of the Lisbon treaty." Eight countries are still engaged in
parliamentary ratification of the Treaty but are expected to have
finished, without any upsets by the autumn. Plans to find a "mechanism"
keeping Ireland within the EU but temporarily outside the Lisbon Treaty
will then be tabled at an October or December meeting of Europe's
leaders. "Ireland must not stop the process of getting the Treaty
through. Then we can take stock," said a diplomat close to negotiations.
Mr Brown will join Mr Sarkozy and other EU leaders at a Brussels summit
next Thursday to vow that it is business as usual on pushing the Treaty
through. There are advanced plans in Brussels for a "bridging mechanism"
to allow Ireland to be removed from the list of signatories to the
Lisbon Treaty after the EU's 26 other member states have ratified it.'
Ireland will continue to remain in the euro and be covered by existing
Treaties but will be left out of the creation of an EU president and
foreign minister, which would proceed as planned. more...
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Lisbon No vote: What happens next?
RTE News
(June 13, 2008) - With Ireland's
rejection of the Lisbon Treaty, politicians and pundits in Ireland and
across Europe are talking about what will happen next. Government
leaders have described the situation post-vote as 'uncharted territory'.
Taoiseach Brian Cowen said he did not have an answer to what happens
next, but would have to go to next week's European summit to see if
there is a consensus on the way forward.
Mr Cowen appeared to rule out a second referendum during the
campaign, but speaking to RTÉ's Bryan Dobson this evening he said that
at this point he could not rule anything 'out or in, up or down'. The
fact that Ireland has already been made to vote again once after it
rejected the Nice treaty in 2001 makes the idea improbable, but not
impossible. Minister John Gormley said this treaty was Plan B and he
does not know what Plan C is. Minister Gormley said it would be
problematic to go back to the people because he does not know what could
be added. He said that Ireland cannot gain any more concessions. He said
that under Nice each country will still lose a commissioner. In the
short term, the Irish vote means the new positions of a permanent
president of the European Council of EU leaders and a stronger foreign
policy chief with a real diplomatic service will be delayed. The EU will
be weakened internationally, notably in dealings with difficult powers
such as Russia and Iran, by having to limp on with dysfunctional foreign
policy and defence institutions, and by the sheer loss of face,
diplomats said. Pending legislation to fight climate change, promote
energy efficiency and open the EU internal energy market to more
competition should not be delayed by the Irish vote, they said. It
remains unclear exactly what course the EU and Ireland will follow, but
the ratification process in other countries looks set to continue. The
ratification of the Lisbon Treaty 'must continue' in other member states
despite Ireland's rejection in a referendum, European Commission chief
Jose Manuel Barroso has stressed. 'The ratification process is made up
of 27 national processes, 18 member states have already approved the
treaty, and the European Commission believes that the remaining
ratifications should continue to take their course,' Mr Barroso told
journalists. France's European affairs minister Jean-Pierre Jouyet said
the EU could negotiate a 'legal arrangement' with Ireland to avert a
crisis. But he agreed, along with other European leaders who have made
statements, that 'the most important thing is that the ratification
process must continue in the other countries.' 'Then we shall see with
the Irish what type of legal arrangement could be found,' the French
minister said. The Netherlands, which rejected the EU constitution three
years ago, will continue ratifying the Lisbon treaty despite its
apparent rejection by Ireland, Prime Minister Jan Peter Balkenende said.
The Head of the Socialist Grouping in the European Parliament has said
he is very worried about the information coming from Ireland. Speaking
in Brussels, German MEP Martin Schulz said that if there was a No vote
in Ireland it would be one of the biggest problems in the EU for a long
time. He said that it is now up to the Irish Government to explain to
Europe how we should proceed. Czech Prime Minister Mirek Topolanek
warned that the Irish result would lead to 'political complications'.
Polish Prime Minister Donald Tusk said even with a No vote on the Lisbon
Treaty, the EU would look for ways to bring the treaty into effect. He
said the referendum in Ireland won't disqualify the treaty. Antonio
Missiroli of the European Policy Centre think tank said the vote
triggered a European political crisis that required strong leadership in
Ireland, in Brussels and key member states.
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Fate of Lisbon Treaty rests on Irish referendum
Telegraph UK
(June 13, 2008) - The fate of Europe
lay in the hands of the Irish electorate after they were given the
opportunity of a vote denied to the British people. The outcome of
the referendum, which will see Ireland's 2.8 million registered
voters determine the future of the EU's 495 million citizens, was
still too close to call when the polls closed on Thursday night. A
low turnout threatened to see the major European Union (EU) reform
defeated. While the Yes campaign took comfort in the fact voting
levels increased from the earlier low of 20 per cent, initial
indications estimated a turnout of 40 per cent. Academics who have
studied earlier Irish polls predicted a 45 per cent turnout was the
minimum required to deliver a Yes vote, but while in Dublin there
were signs of levels reaching the 40-45 per cent, outside the
capital, estimates were often lower. A vigorous "no" campaign led by
Declan Ganley, the multimillionaire leader of the Libertas group and
a son of Irish emigrants, had seen the rival camps draw level in
opinion polls. Ireland's main political parties urged their
supporters to back the treaty and the formidable political machine
of the ruling Fianna Fail party rallied supporters. The contest
even saw a Papal intervention, with Pope Benedict XVI appearing to
encourage Catholic Ireland to vote yes. In St Peter's Square,
the Pontiff paid tribute to St Columbanus, a monk from Co Meath who
led a mission into Europe in AD500. "With his spiritual strength,
with his faith, with his love of God and neighbour, he became one
of the Fathers of Europe, showing us today the way to those roots
from which our continent may be reborn," the Pope said. A no
vote could delay or doom the painstakingly negotiated pact, which
must be ratified by all 27 states. Implementation would see the
number of EU commissioners reduced from 27 to 18 and require
foreign, defence and security decisions to be taken unanimously.
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It's not surprising that the
Pope would step in to support a yes vote to the referendum. If
indeed the
Vatican represents the woman riding the beast of Revelation 13
and 17,
the fourth kingdom, then this fits with the support of the
reviving of the Roman Empire being attempted through Democratic
means today. I have a feeling that it will be a yes and if not,
something will happen to circumvent a no vote, there's just too much
riding on this politically. Of course I could be wrong so keep
watching!
Secret Bilderberg Agenda To Microchip Americans Leaked
Prison Planet
(June 10, 2008) - Sources from inside
the 2008 Bilderberg meeting have leaked the details of what elitists
were discussing in Chantilly Virginia last week and the talking points
were ominous - a plan to microchip Americans under the pretext of
fighting terrorist groups which will be identified as blonde haired,
blue eyed westerners. Veteran Bilderberg sleuth Jim Tucker relies on
sources who regularly attend Bilderberg as aides and assistants but who
are not Bilderberg members themselves. The information they provided
this year is bone-chilling for those who have tracked the development of
the plan to make the general public consider implanted microchips as a
convenience as routine as credit cards. "Under the heading of resisting
terrorism there were points made about how the terrorist organizations
are recruiting people who do not look like terrorists - blonde, blue
eyed boys - they're searching hard for those types to become the new mad
bombers," said Tucker. Ominously, Tucker's source also told him that
Bilderberg were discussing the microchipping of humans on a mass scale,
which would be introduced under the pretext of fighting terrorism
whereby the "good guys" would be allowed to travel freely from airports
so long as their microchip could be scanned and the information stored
in a database. Tucker said the idea was also sold on the basis that it
would help hospital staff treat a patient in an emergency situation
because a scan of the chip would provide instantaneous access to health
details. Tucker underscored that Bilderberg were talking about
subdermally implanted chips and not merely RFID chips contained in
clothing. The discussion took place in a main conference hall and was
part of the agenda, not an off-hand remark in the hotel bar. Such a
bizarre concept may seem unbelievable to some, but over the last ten
years there have been dozens of examples of people accepting implanted
chips for a variety of different reasons.
In 2004,
Mexico's attorney general and 160 of his office staff were implanted
with tracker chips to control access to to secure areas of their
headquarters.
The Baja Beach Club in Barcelona and other nightclubs around the
world are already offering implantable chips to customers who want to
pay for drinks with the wave of a hand and also get access to VIP areas
of the club lounge.
Bilderberg skeptical of attack on Iran
Tucker's source told him that Secretary of Defense Robert Gates did
attend Bilderberg despite him not appearing on the official list. Tucker
said that his sources told him Gates was in attendance to present his
case for war with Iran, but that the majority of Bilderberg members were
against an attack at this time. "The Europeans were generally opposed to
an invasion of Iran - Gates made the regular war propaganda drill about
how Iran is a nuclear threat to everybody," said Tucker, adding that
European Bilderbergers made snide comments about where such nuclear
weapons actually were being kept and at one point joking that they were
possibly "in Saddam Hussein's tomb". Despite Bilderberg opposition,
Tucker said that the administration was still considering an attack
before Bush leaves office in January. "At least 90 per cent of the
Europeans oppose a war, probably closer to 100 per cent," said Tucker,
adding, "most of the Americans were passive and deferential to the
Secretary of Defense and Condoleezza Rice's pitch in so far as Iran is
concerned". Tucker said that most Americans present at the meeting were
opposed to attacking Iran but dare not be as visible and loud in their
opposition as the Europeans.
Energy and oil prices
"One of the Bilderberg boys raised this question - should we put a
lid on the rise in oil prices, are we reaching the point of diminishing
returns," said Tucker, adding that Bilderberg noted how Americans were
trading in their SUV's in record numbers for small and more fuel
efficient cars and using more public transport to combat high gas
prices. Tucker's source said that Bilderberg were predicting $5 for a
gallon of gas by the end of this summer and oil over $150 dollars a
barrel, but that this was a ceiling and oil prices would probably begin
to decline thereafter because they thought the acceleration had happened
too quickly.
As we previously reported, Bilderberg called for oil prices to soar
in 2005 when oil was a mere $40 a barrel. During the conference in
Germany, Henry Kissinger told his fellow attendees that the elite had
resolved to ensure that oil prices would double over the course of the
next 12-24 months, which is exactly what happened.
During their 2006 meeting in Ottawa Canada, Bilderberg agreed to
push for $105 a barrel before the end of 2008. With that target having
been smashed months ago, the acceleration towards $150 is outstripping
even Bilderberg's goal, which is why the elitists expressed a desire to
cool prices at least in the short term. Just two days after he left
Bilderberg, Fed Chairman Ben Bernanke, George W. Bush and others
expressed support for a strong dollar and Bernanke hinted that interest
rates could rise, which immediately caused oil prices to drop in line
with Bilderberg's consensus.
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I usually don't post things from Prison
Planet, some reasons why
here, but what Jim Tucker reports from his sources at the
meetings that is posted at Prison Planet has some big
implications, especially given the timing of the
HIStory, Our Future Bible studies. My decision to
share this is based on the RFID aspect of the story, there's a
lot of deception out there so guard your mind. Personally, I
believe the mark technology will actually not be an implantable
chip, but rather an RFID tattoo ink currently being used on
cattle. This pushing of the technology based on fear of
terrorism brings to mind how the spirit of antichrist works.
Daniel 8:25 And through his policy
[intelligence, understanding,
wisdom] also he shall
cause craft [deceipt,
fraud, treachery] to
prosper in his hand; and he shall magnify himself in his
heart, and by peace shall destroy many: he shall also
stand up against the Prince of princes; but he shall be
broken without hand.
Ultimately the system being
developed now by the mystery of iniquity will require either a
pledge of allegiance to the man of sin or death. So in the name
of peace and security, the deceitful system is being put in
place that will destroy all those who refuse to worship this man
who would claim to be God.
Regarding Iran, I think
this summer may bring about God's intervention and destruction
of the Iranian-Turkish-Russian allied forces that are prophesied
to attack Israel from the North. There are many aspects to this
prophecy that are coming into alignment and even though that is
the case, I still can't claim to be 100% sure. Just read through
the Gog/Magog
and Isaiah 17
news to see why I think this is forming on the near horizon.
Will this involve action on the part of America? I don't think
so, although I can't rule out strategic action against America,
the great Satan, coinciding with an attack on Israel, the little
Satan. Keep watching and praying!
Revelation 13:16-18 And he causeth all, both small and great, rich and
poor, free and bond, to receive a mark in their right hand,
or in their foreheads: And that no man might buy or sell,
save he that had the mark, or the name of the beast, or the
number of his name. Here is wisdom. Let him that hath
understanding count the number of the beast: for it is the
number of a man; and his number is Six hundred threescore
and six.
0:02:25
U.S. stops following foreign money trail
WorldNet
Daily
(June 9, 2008) - Foreign investment in
the United States is on the rise and key U.S. businesses and
infrastructures such as roads and airports are being sold to foreign
investors. Now comes word from the U.S. Department of Commerce the
Bureau of Economic Affairs will stop publishing a key report tracking
those foreign dollars.
WND reported earlier on a decision by the Federal Reserve to quit
publishing M3 data, a money-supply measure watched closely by
economists. Last month, econometrician John Williams reported on his
subscription website,
"Shadow Government
Statistics," that the M3 statistic he compiles from available
government data shows the growth of M3 at historically high rates last
seen in June 1971, two months before President Nixon closed the gold
window and instituted wage and price controls. Charles McMillion,
president and chief economist at MBG Information Services in Washington,
D.C., also has expressed concern over the recent decision by the
Department of Commerce to discontinue publishing foreign investment data
and warned that may forecast an unprecedented surge in foreign
investment anticipated by the Bush administration. In the announcement,
BEA claimed funding limitations necessitated
halting future reports. The most recent report, released Wednesday,
showed direct foreign investment in U.S. businesses reached $276.8
billion in 2007, the second largest amount recorded and the highest
since 2000, when new foreign investment outlays peaked at $335.6
billion. Of the direct foreign investments in the U.S. in 2007, only
about 10 percent, approximately $21.9 billion, established new U.S.
businesses, while foreign investments to acquire existing U.S.
businesses totaled $255.0 billion. Nearly 37 percent of the foreign
investments in 2007 involved European investors, although the BEA noted
investments from Asia and the Middle East rose substantially. McMillion
noted in an e-mail that the BEA decision to discontinue publishing
foreign investment data comes at a time when public and congressional
concerns have increased over the acquisition of U.S. assets by foreign
investors McMillian referenced the recent attempt by "China's mysterious
but closely state-aligned Huawei" to acquire 3Com, a key supplier of
Internet security technologies to the U.S. Department of State, in
conjunction with Boston-based Bain Capital, a private equity firm
founded by Republican 2008 presidential candidate Mitt Romney. In March,
Bain pulled out of the deal after learning that the secretive Committee
on Foreign Investment in the United States, or CFIUS,
organized in the U.S. Treasury Department, planned to block the
deal. In May, during a four-day trip to the Middle East that included
Saudi Arabia and Dubai, U.S. Secretary of Treasury Henry Paulson
encouraged foreign investment in the United States, arguing the
controversy over
Dubai Ports in 2006 did not reflect an adverse U.S. attitude toward
foreign investment. "I have met with many leaders from the Middle East
who ask if the United States really continues to welcome investment,"
Paulson said in a speech to the U.S.-United Arab Emirates Business
Council, according to Bloomberg.com. "As we seek to open new markets
abroad, America will keep our markets open at home to investment from
private firms and from sovereign wealth funds."
WND previously reported that since the beginning of the year, Dubai
and Abu Dhabi, two of the largest United Arab Emirate states, have been
in discussions with the U.S. Treasury, offering reassurances that their
investments in U.S. banks and security firms would not impose
restrictions usually dictated by Islamic law, commonly known as sharia.
WND also has reported sovereign wealth funds in six Persian Gulf
countries, including Kuwait, the United Arab Emirates and Qatar, have
now amassed $1.7 trillion, positioning them for attempts to control
major banks and securities firms in the United States. In September
2007, Dubai
acquired 19.9 percent of Nasdaq, the second largest stock exchange
in the United States. WND also reported last month
the top bid to lease the Pennsylvania Turnpike on a long-term
public-private-partnership, or PPP lease, for a bid of $12.8 billion
was submitted by Spanish infrastructure management company Abertis
Infraestructuras of Barcelona.
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Islam| NewWorldOrder|
America|
Economic Crisis
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We can reduce risk in the financial system
Financial Times(June 8, 2008) - Since last summer,
we have lived through a severe and complex financial crisis. Why was the
financial system so fragile? What can be done to make the system more
resilient in the future? The world experienced a financial boom. The
boom fed demand for risk. Products were created to meet that demand,
including risky, complicated mortgages. Many assets were financed with
significant leverage and liquidity risk and many of the world’s largest
financial institutions got themselves too exposed to the risk of a
global downturn. The amount of long-term illiquid assets financed with
short-term liabilities made the system vulnerable to a classic type of
run. As concern about risk increased, investors pulled back, triggering
a self-reinforcing cycle of forced liquidation of assets, higher margin
requirements, increased volatility. What should be done to strengthen
the system in the future? First, when we get through this crisis we have
to increase the shock absorbers held in normal times against bad
macroeconomic and financial outcomes. This will require more exacting
expectations on capital, liquidity and risk management for the largest
institutions that play a central role in intermediation and market
functioning. They should be set high enough to offset the benefits that
come from access to central bank liquidity, but not so high that they
succeed only in pushing more capital to the unregulated part of the
financial system. Second, we have to improve the capacity of the
financial infrastructure to withstand default by a big institution. This
will require taking some of the risk out of secured funding markets,
increasing resources held against default in the centralised clearing
house, and encouraging more standardisation, automation and central
clearing in the derivatives markets. Third, the regulatory framework
cannot be indifferent to the scale of leverage and risk outside the
supervised institutions. I do not believe it would be desirable or
feasible to extend capital requirements to leveraged institutiions such
as hedge funds. But supervision has to ensure that counterparty credit
risk management in the supervised institutions limits the risk of a rise
in overall leverage outside the regulated institutions that could
threaten the stability of the financial system. And regulatory policy
has to induce higher levels of margin and collateral in normal times
against derivatives and secured borrowing to cover better the risk of
market illiquidity. Fourth, we need to streamline and simplify the US
regulatory framework. Our system has evolved into a confusing mix of
diffused accountability, regulatory competition and a complex web of
rules that create perverse incentives and leave huge opportunities for
arbitrage and evasion. The blueprint by Hank Paulson, Treasury
secretary, outlines a sweeping consolidation and realignment of
responsibilities. The institutions that play a central role in money
and funding markets – including the main globally active banks and
investment banks – need to operate under a unified framework that
provides a stronger form of consolidated supervision, with appropriate
requirements for capital and liquidity. To complement this, we
need to put in place a stronger framework of oversight authority over
the critical parts of the payments system – not just the established
payments, clearing and settlements systems, but the infrastructure that
underpins the decentralised over-the-counter markets. Because of its
primary responsibility for the stability of the overall financial
system, the Federal Reserve should play a central role in such a
framework, working closely with supervisors in the US and in other
countries. At present the Fed has broad responsibility for financial
stability not matched by direct authority and the consequences of the
actions we have taken in this crisis make it more important that we
close that gap. The big central banks should put in place a standing
network of currency swaps, collateral policies and account arrangements
that would make it easier to mobilise liquidity across borders quickly
in a crisis. As we reshape the incentives and constraints for
risk-taking in the financial system, we have to recognise that
regulation has the potential to make things worse. Regulation can
distort incentives in ways that may make the system less safe. One of
the strengths of our system is the speed with which we adapt to
challenge. It is important that we move quickly to adapt the regulatory
system to address the vulnerabilities exposed by this financial crisis.
We are beginning the process of building the necessary consensus here
and with the other main financial centres. more...
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NewWorldOrder|America|
Economic Crisis
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This was authored by New York
Federal Reserve president Timothy Geithner. It seems to me that
international cooperation in business and finance is just another
step toward a global economy with a centralized power structure like
that which will be necessary to fulfill Bible prophecy such that
nobody will be able to buy or sell without participation in this
system. Ultimately this will involve the "security" provided through
technology so that transactions can be cashless and locked to the
individual. The perfect technology for this is
Somark's RFID tattoo ink.
"Jim
Tucker from the American Free Press speaking on the Alex Jones show
today stated that one of his Bilderberg sources revealed to him that
the global elite are planning to push forward their cashless society
grid agenda with the use of implantable microchips. The implantable
microchips would be sold as a way for people to easily move through
the militarized control grid that they’ve setup via the bogus terror
war. Tucker also mentioned that we would see the media hyping the
phony terror war and specifically the phony “white Al-Qaeda terror
threat” as a way for them to continue the justification of the
enslavement grid. Assuming Tucker’s Bilderberg source is providing
accurate information, this agenda that Geithner is pushing in his
Financial Times article is right in line with their well documented
plans to get rid of cash. The central bankers would need a global
regulatory framework for the banking system so they can move closer
to a global currency operating in a cashless society."
Link
EU foreign policy expected to enter 'new era'
EU Observer (April 6,
2008) - The European Parliament is seeking to bolster its role in the
bloc's common foreign and security policy (CFSP), with senior MEPs saying it
is time for Europe to become a "player and not just a payer" on the world
stage. Polish centre-right MEP and head of the foreign affairs committee,
Jacek Saryusz-Wolski, says that EU foreign is moving "from one era to
another" with the new Lisbon Treaty, due to kick in next year. The
proposed new EU foreign minister and diplomatic service as well as the
possibility for a group of member states to move ahead in defence
cooperation mean foreign policy is "one of the most innovative parts of the
treaty." The fact that Javier Solana, the EU's foreign policy chief, will
for the first time be present at the MEPs' annual debate on CFSP on
Wednesday (4 June) is in itself a "turning point," said the Pole at a
briefing on Tuesday. Euro-deputies will today debate a report that sets
out principles for the EU's foreign policy - such as respect for human
rights - calls for certain issues to be prioritised and says that the CFSP
budget from now until 2013 is "insufficient." "Either we have to beef up
foreign policy financially, or we have to rethink whether we really want to
be a global player," said Mr Saryusz-Wolski, who next week will travel
to Paris to discuss the issue with the incoming French EU presidency. "We
ask why is nothing ready, prepared for the events that will happen if the
treaty [comes into force], and we haven't had an answer," he said. "We are
asking this question also: do you have any hidden reserves? What's your
view? How to finance the new set up? No answer."
Democratic oversight
The report also calls for parliament to be given
greater democratic oversight over the area, which to date has remained
firmly the domain of member states. It suggests that the foreign
minister "regularly" appear before MEPs and that the parliament be
"fully consulted" on who the foreign minister should be, as well as what
the diplomatic service should look like. Deputies are also urging the
future EU foreign minister to inform the parliament before any "common
actions" are taken. "If we start sending soldiers into danger, it is up
to the parliament to give its blessing," says Mr Saryusz-Wolski. The
report also takes a more long-term view of the future of common foreign
and security policy, with the head of the foreign affairs committee
urging the bloc to stop acting like a "fire brigade" rushing to put out
emergencies here and there and to think more of the "long-term strategic
interests of the Union…20–30 years ahead."
EU army
Mr Saryusz-Wolski, who believes the union will
gradually develop its own army, says it is no longer enough that the
bloc exercises its traditional role as a soft power. "Too often we spend
money without any conditions being attached. I am against Europe being a
payer and not a player," he said. But he admits there is a "fear" in
the parliament that the foreign minister and the new permanent president
of the European Council may add to the trill of voices of on the EU
stage all claiming to speak for Europe and may not turn Europe into a
player. The potential for overlap between the two posts – starting
in January - and for rivalry with the European Commission president is
high. Debates on the posts are expected to start in earnest in autumn
and be wrapped up by December. In time-honoured EU fashion, balancing
who wins the posts will have to involve the consideration of a series of
factors, including nationality, whether a candidate comes from an old or
new member state or a small or big member state, and the person's
political hue.
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Solana| NewWorldOrder|
European HQ heads Sarkozy plan for greater military integration
Guardian UK
(June
7,
2008) - France has proposed a battery of measures aimed at
boosting European military integration - including the EU's first
permanent operational headquarters in Brussels for planning military
missions abroad - threatening a bruising battle with the British
government. The proposals, circulated to European governments in a
five-page document detailing Paris's security policy priorities, include
common EU funding of military operations, a European fleet of military
transport aircraft, European military satellites, a European defence
college, and the development of exchange programmes for officers among
EU states. Since 2004, the British have resisted the headquarters idea,
seeing it as a French ploy to undermine the Nato alliance and boost
common European defence by establishing a European rival to Nato's Shape
planning headquarters at Mons in Belgium. The prime minister's spokesman
said yesterday the British government is committed to Nato remaining the
cornerstone of European defence, but also supports permanent structured
cooperation on defence within the EU so long as it does not duplicate
the work of Nato, or remove the UK veto. The two governments are already
negotiating quietly over President Nicolas Sarkozy's defence proposals,
sources said, adding that Washington is privately pressing the Brown
government to reach a deal with the French. In a speech to Greece's
parliament, Sarkozy said the EU must be able to defend itself, but he
said: "It is not a case, nor will it ever be a case of competing with
Nato. We need both. A Nato and European defence that oppose each other
makes no sense." Details of the French proposals, obtained by the
Guardian, confirm that Sarkozy is determined to use his six-month EU
presidency, starting in three weeks, to drive forward his military
agenda for Europe. The French have sought to keep their proposals
private for the moment so as not to derail ratification of the EU
treaty. Ireland is holding its referendum on the Lisbon treaty next week
and British peers are due to vote on whether to demand a similar
referendum next Wednesday. The British government insisted the document
was a set of preliminary proposals for discussion with the British and
Germans, and did not represent French government policy. Most
sensitively, Paris is insisting on the new Brussels headquarters
coming under the authority of Europe's foreign policy supremo, a
post whose powers are considerably boosted under the EU's reform treaty
and which is currently held by Javier Solana of Spain.
Ultimately, the Brussels headquarters would plan and control EU missions
abroad. "Solana thinks we need a more permanent structure in Brussels.
There's no doubt about that. The big problem is the Brits," said an EU
foreign policy official. more...
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EU/UN/4th Kingdom
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Solana| NewWorldOrder|
'Undemocratic' EU needs to be tamed
Gulf Daily News (June
6,
2008) - The famous 40th anniversary of the May 8, 1968
storming of the Parisian establishment by the revolutionary students
came and went like a damp squib. No Daniel Cohn Bendick here. But, in
1968 real issues of freedom were being addressed across Europe. Now it
is more sulky objections to Sarkozy's proposal that the students and
public sector work a little harder. Hardly a moral imperative to protest
in favour of doing nothing. The old joke rings true; 'How many people
work in the EU?' 'Oh about 30 per cent says the businessman, the rest
are paid by the state'. So they are too feather-bedded to do a "68". The
lack of serious protest in the face of increasing undemocratic,
bureaucratic controls is strange, As Bill Bryson said 'It is interesting
for an American to see the richest countries in Europe enthusiastically
ceding their sovereignty to a body that appears to be out of control and
answerable to no-one.' And so despite votes by the French and Dutch the
amended, but essentially unchanged European constitutional treaty is
pushed through by the political and bureaucratic classes. The last
chance is down to Ireland, as a referendum cannot be avoided under their
constitution. So come on you Irish, show some rebel spirit and save
Europe from the new commissarat. May 8, of course, is also officially
Victory in Europe Day. Every village had its parade with flags and
medals to the War Memorials, with a speech by the mayor followed by
aperitifs in the village hall. In Britain, who with its Empire, did most
of the fighting, it passed almost unnoticed. A poignant comment on the
vibrancy of the two cultures. So France claims the victory for when the
Allies liberated them. Good for them. France has shown clever leadership
with its unwavering strategy to shape Europe to its interest while
Britain has sulked in the corner to its detriment. As Sarkozy made clear
when he and Merkel removed their support from Blair's candidacy to be
Europe's first president, because Britain is not in the Euro, nor
Schengen and invaded Iraq, there are now two classes of European
members. Those committed to common policies and integration and those
not. Britain needs to face this reality and either move to associate
status, like Norway regaining sovereignty but retaining trade access or
embrace fully the EU. And influence its policies. This is a major
opportunity for the UK Conservative Party, but on my recent visit no-one
seemed interested in Europe at all. more...
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EU/UN/4th Kingdom
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NewWorldOrder|
France readies for 'heaviest Presidency in EU history'
EurActiv (June 2,
2008) - With climate and energy negotiations at the top of
France's priorities and a reshuffle of the European institutions in
sight for 2009, the French Presidency promises to be "the heaviest in EU
history," diplomats say. On 1 July 2008, France takes over the EU's
six-month rotating presidency from Slovenia with an exceptionally busy
agenda. According to a French diplomat in Brussels, "this presidency is
the heaviest one of all the history of the European Union in terms of
workload". This, he explained, is because the EU is getting more
cumbersome: there are more countries and commissioners than ever before
and the Parliament has gained more powers. But it is also because
additional factors have accumulated. "For the first time, you have this
coincidence of a heavier Union but there is also the end of the
political mandate of the Commission and Parliament as well as the end of
the [ratification process of] the Lisbon Treaty. You never had all these
things together." A series of sensitive dossiers have also piled up,
all of which have to be closed by the end of the year. The energy
and climate change package, tabled by the European Commission in
January, is the first among them. The package includes a proposed
revision of the EU's CO2 trading scheme and a new renewable energy
directive, two dossiers which involve tough negotiations on how to share
the burden of commitments between each EU member state. "Energy and
climate change is enough to feed a presidency," the diplomat pointed
out. But he added that "there are circumstances which mean the agenda is
heavier for political reasons because some things have been delayed."
This includes for instance a debate on the future of the Common
Agricultural Policy, which the French are keen to help shape under their
Presidency. The outcome of the Irish referendum on 12 June will
undoubtedly have a considerable impact on the Presidency's schedule.
Bernard Kouchner, the French foreign minister, spoke about the issue at
the European Policy Centre in Brussels on 26 May. "If the process
continues without incident as it has so far today - and our sights are
first turning to Ireland - we will have at heart to finish the
preparatory work that started under the Slovenian presidency," he said.
But what will happen if the Irish reject the treaty? "There is no Plan
B", Kouchner answered, echoing the European Commission's official line.
In practice, though, a solution will need to be found if the treaty is
rejected and EU leaders will have plenty of time to discuss this during
a summit on 19-20 June, just days before the start of the French
Presidency. And provided all goes well and Ireland ratifies, there will
still be a lot to do as the pressure then will fall on preparations for
the Treaty's new provisions, which enter into force on 1 January 2009.
According to Kouchner, the French Presidency's work there will centre on
designating the future permanent president of the Council and the new
foreign policy chief, decisions which are all expected to be taken by EU
heads of state at a summit in December. Speculation is already rife
about the names of the candidates, with names already being circulated (see
our LinksDossier on 'Mr. Europe'). But Kouchner recently suggested
that there could still be a few surprises and that more candidates
could emerge (EurActiv
27/05/08). Questions remain, however, as to how all the new roles
will fall into place. According to the agreed schedule, the Treaty
should be ratified by the end of 2008 and start applying as of 1 January
2009. This should also apply for the new permanent EU President and
foreign policy chief. But when EU leaders meet in December to pick their
champion, the outcome of the European elections will still be unknown.
more...
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NewWorldOrder|
The Rebellion Within
The New Yorker (June 2,
2008) - Last May, a fax arrived at the London office of the
Arabic newspaper Asharq Al Awsat from a shadowy figure in the
radical Islamist movement who went by many names. Born Sayyid Imam
al-Sharif, he was the former leader of the Egyptian terrorist group
Al Jihad, and known to those in the underground mainly as Dr. Fadl.
Members of Al Jihad became part of the original core of Al Qaeda;
among them was Ayman al-Zawahiri, Osama bin Laden’s chief
lieutenant. Fadl was one of the first members of Al Qaeda’s top
council. Twenty years ago, he wrote two of the most important books
in modern Islamist discourse; Al Qaeda used them to indoctrinate
recruits and justify killing. Now Fadl was announcing a new book,
rejecting Al Qaeda’s violence. “We are prohibited from committing
aggression, even if the enemies of Islam do that,” Fadl wrote in his
fax, which was sent from Tora Prison, in Egypt. Fadl’s fax confirmed
rumors that imprisoned leaders of Al Jihad were part of a trend in
which former terrorists renounced violence. His defection posed a
terrible threat to the radical Islamists, because he directly
challenged their authority. “There is a form of obedience that is
greater than the obedience accorded to any leader, namely, obedience
to God and His Messenger,” Fadl wrote, claiming that hundreds of
Egyptian jihadists from various factions had endorsed his position.
Two months after Fadl’s fax appeared, Zawahiri issued a handsomely
produced video on behalf of Al Qaeda. “Do they now have fax machines
in Egyptian jail cells?” he asked. “I wonder if they’re connected to
the same line as the electric-shock machines.” This sarcastic
dismissal was perhaps intended to dampen anxiety about Fadl’s
manifesto—which was to be published serially, in newspapers in Egypt
and Kuwait—among Al Qaeda insiders. Fadl’s previous work, after all,
had laid the intellectual foundation for Al Qaeda’s murderous acts.
On a recent trip to Cairo, I met with Gamal Sultan, an Islamist
writer and a publisher there. He said of Fadl, “Nobody can challenge
the legitimacy of this person. His writings could have far-reaching
effects not only in Egypt but on leaders outside it.” Usama Ayub, a
former member of Egypt’s Islamist community, who is now the director
of the Islamic Center in Münster, Germany, told me, “A lot of people
base their work on Fadl’s writings, so he’s very important. When Dr.
Fadl speaks, everyone should listen.” Although the debate between
Fadl and Zawahiri was esoteric and bitterly personal, its
ramifications for the West were potentially enormous. Other Islamist
organizations had gone through violent phases before deciding that
such actions led to a dead end. Was this happening to Al Jihad?
Could it happen even to Al Qaeda? ... This August, Al Qaeda will
mark its twentieth anniversary. That is a long life for a terrorist
group. Most terror organizations disappear with the death of their
charismatic leader, and it would be hard to imagine Al Qaeda
remaining a coherent entity without Osama bin Laden. The Red Army
Faction went out of business when the Berlin Wall came down and it
lost its sanctuary in East Germany. The Irish Republican Army,
unusually, endured for nearly a century, until economic conditions
in Ireland significantly improved, and the leaders were pressured by
their own members to reach a political accommodation. When one looks
for hopeful parallels for the end of Al Qaeda, it is discouraging to
realize that its leadership is intact, its sanctuaries are
unthreatened, and the social conditions that gave rise to the
movement are largely unchanged. On the other hand, Al Qaeda has
nothing to show for its efforts except blood and grief. The
organization was constructed from rotten intellectual bits and
pieces—false readings of religion and history—cleverly and deviously
fitted together to give the appearance of reason. Even if Fadl’s
rhetoric strikes some readers as questionable, Al Qaeda’s sophistry
is rudely displayed for everyone to see. Although it will likely
continue as a terrorist group, who could still take it seriously as
a philosophy? more...
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Islam
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NewWorldOrder|
This is a long article, but an
interesting one. Islamic terrorism is currently a global threat, but
will that always be the case? I believe it could be a tool of
humanity's spiritual enemy to consolidate further control over the
world in the name of peace and security. According to Bible
prophecy, the center of power is going to be in the
beast from the sea and the future prince of the Romans that
destroyed Jerusalem in 70 AD.
Daniel 9:26,27 So how do we get
from the conflict between Islam and the West today to a point of
some kind of integration? I believe this will happen and will be the
result of the emergence of the 12th Mahdi. I believe this man will
unite the Sunni and Shia sects of Islam and "correctly interpret"
the prophecies. What I also find interesting is that there is a
character in Bible prophecy called the
false prophet, who comes out of the earth. According to
scripture, this man will direct worship to the man of sin, commonly
called the antichrist. Central to the influence of these two men are
signs and lying wonders that will accompany them. They will be able
to call fire from heaven among other things they will be given power
to do when the time comes. I believe the coming together of these
two figure to rule the world will be what brings Islam and the West
together under the influence of Lucifer.
I would also like to point out
that between now and then, I believe the Magog invasion will take
place in which Muslim and Muslim-allied armies will attack Israel
from the North and God destroys the attackers with fire and
brimstone from heaven. It's just a hunch, but I believe the majority
of those who are more radical in their beliefs will want to
participate and so when God destroys them, those that remain will be
somewhat subdued temporarily and those that didn't participate will
be more hesitant. I do not believe that violence will be eliminated
however. It will just be directed to those that refuse to worship
the man of sin and who will be beheaded for that refusal. The
difference between now and then will be that the focus of their
worship will be present and giving the order to eliminate those that
stand in the way of global cooperation under him. I have a feeling
that the ratio will be heavy on the side of those who decide to
worship and support the man of sin although I pray that is not the
case.
Irish referendum could scupper EU treaty
Telegraph UK
(May 31,
2008) - In 1973, when Ireland joined what is now the European
Union, it was the poorest country on the continent. Today, thanks in no
small part to £32 billion in EU grants, it is the second richest per
capita (after Luxembourg). So the result of a referendum on June 12 on
whether to consolidate EU powers by ratifying the Treaty of Lisbon must
surely be a foregone conclusion. Think again. Despite every major
political party backing the Yes campaign, support for a No vote is
growing daily. The most recent poll put the Yes voters at 41 per cent
and the No voters at 33 per cent. That sounds like a healthy lead until
you discover the Yes campaign was polling well over 50 per cent on the
eve of another Irish EU referendum – on the Nice Treaty in 2001 – before
the electorate delivered a resounding No. In Brussels, European
parliamentarians are twitchy about the future of the EU's 495 million
citizens resting in the hands of the one million Irish voters expected
to turn out on polling day. Having spent two years rebuilding the Treaty
of Lisbon from the scrap parts of the defeated European Constitution,
the Eurocrats can only watch as a learner driver takes the wheel of
their juggernaut and drives it towards the edge of a cliff. This
scenario has arisen because, while all 26 of the other member states
have decided to wave through the treaty via their parliaments (the UK
included), Ireland alone has a legal obligation under its constitution
to put the matter to a public vote. Because the treaty must be passed
unanimously by all 27 member states, an Irish No vote would kill it.
Earlier this week, the European Commission president, José Manuel
Barroso, suggested a No vote would be catastrophic for the EU. "We will
all pay a price for it, Ireland included," he said, adding that there
was "no plan B" if Ireland exercised its veto. Mr Barroso and his
cohorts argue that the treaty represents the next glorious stage in the
EU's future, creating a new post of full-time European Council
president, streamlining the European Commission and redistributing
voting powers. If you don't find these allegedly crucial changes
inspiring, you're not alone. And therein lies the fundamental problem
for Ireland's Yes campaigners. Try as they might, they have been unable
to come up with anything approaching a coherent, inspirational argument
for a Yes. Most tellingly of all, the new Irish premier, Brian Cowen,
has admitted he hasn't read all of the 287-page treaty, and nor has
Ireland's EU Commissioner, Charlie McCreevy, who said no sane person
could read it from cover to cover. more...
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NewWorldOrder|
If a no vote is made, I have a
feeling something else will make this happen because all the future
plans and consolidation of power are resting on the creation of a
European Constitution, the next step in
reviving the Roman Empire leading to the fulfillment of Bible
prophecy.
Lisbon Treaty Unlikely to End the WEU
Anytime Soon Fulfilled
Prophecy
(May 26, 2008)-
In 2002, Fulfilled Prophecy began
reporting on a 10-nation military alliance, called the Western
European Union, that appears to match a 10-nation alliance foretold
in Bible prophecy. Now, with ratification of the European Union’s
Lisbon Treaty underway, some may wonder what effect the treaty, if
adopted, will have on the alliance. Guest columnist Mishael Meir
answers this question.
Although repeated efforts have been made to kill it
off, the Western European Union (WEU)
lives on as a mutual defense treaty among its 10 permanent members.
While the Lisbon Treaty appears to put into place elements that
indicate a planned WEU demise, the
WEU Ten always manages to survive. To
understand what is happening, here’s some helpful background.
The Magic Number ‘10’
The WEU was created in 1954
by the modified Brussels Treaty as a means for Europe to interface with
NATO through its own security and defense
organization. Any of the 10 permanent members could withdraw after 50
years from the 1948 date of the original treaty or beginning in 1998.
None of them has done so. Additionally, all 10 members could choose to
terminate the treaty by “denouncing” it. That hasn’t happened either.
Since 1998, there have been many calls to terminate the treaty. None has
succeeded. Interestingly, in the WEU Council’s
Dec. 6, 2000, Reply to Recommendation 666, the Council made clear that
the WEU was sticking around, saying:
the collective defence commitment provided for
under Article V of the modified Brussels Treaty will remain and
there is no intention on the part of its signatories to denounce the
Treaty.
Source
Beginning in 2001, the European Union absorbed almost
all of the WEU’s functions. However, because the modified Brussels
Treaty remains in effect, so does the treaty’s mutual defense clause
that gave rise to the 10-state military alliance. The WEU’s Council
exists only as a formality. It hasn’t convened as a body since November
2000, but the same people now sit within the structure of the EU as its
Political and Security Committee, where it exercises “political control
and strategic direction” of EU crisis-management operations. The WEU’s
arms procurement body has been absorbed into the European Defence
Agency, an agency of the EU headed by Javier Solana. In June 2001,
Solana, acting in his role as the WEU’s Secretary General, announced
that the WEU Ten had capped the number of
permanent members at 10, exactly as the prophet Daniel predicted (Daniel
7:24). After all, why continue expanding the WEU
when the EU was beginning efforts to replace it internally? The
Netherlands apparently agreed. In 2004, on the eve of the draft
constitution’s signing, the Dutch tried and failed to get the
WEU Ten to terminate the treaty. Other
WEU Ten members said no: The modified Brussels
Treaty had to stay in place to maintain the binding commitment of mutual
defense, given that such a commitment was not contained in the draft
constitution.
Source
Enter the Lisbon Treaty
After the French and Dutch citizens rejected the
constitution in their 2005 referendums, the WEU
urged the EU to continue building its security and defense framework
using the legal authority of the EU’s existing treaties. The EU opted
instead to trot out the constitution again, this time repackaged as the
Lisbon Treaty. To ensure its ratification, the heads of state blocked
their own citizens from being able to go to the polls, that is, except
for the Irish who go to the polls on June 12. All of Europe is holding
its breath to see the outcome of this crucial vote.
Source So, what happens if
the Irish say yes and what happens if they say no? What effect will the
Lisbon Treaty have on the WEU if it actually
goes into effect? If the Irish vote yes, the Lisbon Treaty, on its face,
appears to endorse the continued existence of the WEU.
Under Protocol No. 11, the EU and WEU are to
make arrangements for enhanced cooperation between them. This is curious
considering that the WEU is little more than
an empty shell with only its democratic Assembly left. Also, the Lisbon
Treaty has something the draft constitution never had: a binding mutual
defense provision that embraces all 27 member states. Although that
would make the modified Brussels Treaty Article V redundant, the
ratification of the Lisbon Treaty would not by itself terminate the
modified Brussels Treaty. Only the WEU Ten can
do that. Additionally, the Lisbon Treaty contains provisions for
“permanent structured cooperation” (PSCoop).
It would allow members who meet certain criteria to build their own
permanent military framework that the other states could later join,
assuming they met the funding and troop level criteria set out in
Protocol No. 11. Apparently some EU states have suggested that the
WEU Ten would logically form the
PSCoop membership.
Source If the Lisbon Treaty goes into effect on Jan. 1, 2009, and
PSCoop gets underway, look for another call to
terminate the modified Brussels Treaty. However, these are very big
“ifs.” Even if it plays out as the EU hopes, it may take a long time
before the PSCoop club got anything going. In
the meantime, the WEU Ten will still exist as
a military alliance and they aren’t going anywhere anytime soon. If the
Irish veto the Lisbon Treaty, the EU has no Plan B. The treaty will fail
just like the draft constitution failed. Be assured the heads of state
will arm twist the Irish into another referendum so they can vote until
they get it “right.” This is exactly what happened with their no-vote on
the Nice Treaty, which the Irish finally ratified at a second
referendum.
‘Man of Lawlessness’
What occurs to me in the analysis of EU and
WEU treaties is that the antichrist will be a
“man of lawlessness” (2
Thessalonians 2:3). Treaties are law and must be followed. The
antichrist won’t care what a treaty says. As a pertinent example,
consider the transformation of the Roman Republic into the Roman Empire.
The Roman Republic built the legal foundation for Western civilization,
including the checks and balances system for democratic governance. Once
Caesar Augustus transformed the Republic into the Roman Empire in 31
B.C., law turned into whatever the caesars said it was, regardless of
what had already been established through the democratic Senate and
treaties with foreign states. Why a 10-state military alliance in the
revived Roman Empire would suddenly hand the antichrist power can be
explained under an endless number of scenarios. One is this. What if
disaster happens while the EU is wrangling treaties and the only
existing alliance is the WEU Ten? We all know
who loves chaos and confusion, and it sure isn’t our God! (See
1 Corinthians 14:33). As Herb would say, “stay tuned.”
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NewWorldOrder|
Spain to run America's 1st superhighway?
WorldNet Daily
(May 19, 2008)- Stretching through
the rural countryside with limited access and no speed limit in
1940, the Pennsylvania Turnpike was built to resemble Germany's
autobahn. Now thanks to a $12.8 billion dollar offer, it may soon
become Spain's. According to a report in the Philadelphia Daily
News, Gov. Ed Rendell has announced that Abertis Infraestructuras of
Barcelona has offered the top dollar bid to the state of
Pennsylvania for the rights to manage the toll road under a 75-year
lease. The highway could become just the latest in a string of U.S.
infrastructure landmarks to be operated by foreign companies. In
2004, management of the Chicago Skyway, a stretch of elevated road
connecting I-90 and I-94, was granted to Cintra, another Spanish
operation that outbid Abertis at $1.83 billion. Abertis lost out to
Cintra again when the Indiana Toll Road was taken over in 2006 for
$3.8 billion. This time, Abertis beat out Cintra and other firms,
hoping to add the Pennsylvania Turnpike to its list of operations
including toll roads in Spain, France, Italy, the United Kingdom,
Chile, Colombia and Argentina. Abertis also operates airports,
including the airports in Orlando, Fla.; Burbank, Calif.; and one
concourse of the Atlanta airport. Even though
the controversial Dubai ports deal was squashed by public outcry in
2006, foreign firms have nonetheless purchased long-term leases on
other American transportation networks. The Chicago Skyway is tied
up for 99 years. The Indiana Toll Road is leased for 75. As
WND reported earlier this year, Chicago is seeking a more than
50-year lease on Midway Airport. Among the potential suitors for
Midway are 6 international firms, including Abertis. The leases are
being made possible through an increasingly common practice of
establishing "public-private partnerships" (PPP's), contracts
between public agencies and private entities that enable private
sector participation in public transportation. Many of the PPP's
implemented in the U.S. bring large up-front cash infusions. In both
the proposed Midway and Pennsylvania Turnpike offers, the billions
in cash are touted as a quick solution to shoring up under-funded
government employee pension funds. Many, however, see an imminent
threat in turning over U.S. infrastructure to foreign companies.
"The USA is up for sale,"
an attendee of a conference in Colorado to discuss PPPs told WND.
"Whatever the public now owns – roads, ports, waste management water
systems, rail lines, public parking facilities, airports, even
lotteries and sports stadiums – are up for grabs and the only
requirement is that the foreigners have the cash." Even William
Capone, the director of communications for the Pennsylvania Turnpike
Commission,
told WND in a telephone interview earlier this year, "We don't
favor turning the Pennsylvania Turnpike into a private entity
through a PPP lease. If we keep the Pennsylvania Turnpike in the
hands of a public entity, we believe we can actually invest more
dollars into roads than a private corporation could do." The
proposal still has to go through the Pennsylvania legislature, a
decision that is likely to be hotly contested. Many in the capital
are hoping Act 44, a law passed by the state legislature in 2007 to
make I-80 a toll road as well, will stem the financial crisis and
deflate the impetus for accepting the Turnpike proposal. According
to the newspaper report, the toll road plan with Abertis allows the
newcomer to raise tolls 25 percent year and 2.5 percent or the rate
of inflation every year after that. more...
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NewWorldOrder|America|
"... it is of utmost importance that an
equilibrium be established between the world's total population and
the capacity of 'spaceship earth'..." - RIO: Reshaping the
International Order, 1976 (p124)
The establishment of a World Food Authority to control
the food supply of the world is a major goal of The Club of Rome's RIO
report. This issue is intertwined with exaggerated fears of
environmental collapse and the elite's obsession with population
control.
The Environmental Scare
From RIO: Reshaping the International Order: [Italicised text
is original emphasis and bolded text is added by author.]
"History has frequently shown that people, in times
of crisis and once convinced of the necessity for change, are
prepared to accept policies which demand changes in their behaviour
so as to help secure better lives for themselves and their
children." - 110
The threat of environmental
catastrophe to further the population control agenda is nothing new and
continues to this day with the manmade global warming scare. Back in the
1970's the Club of Rome was not shy at using the environmental
catastrophe card to push for population control. Below are some examples
from RIO: Reshaping the International Order:
"Moreover, it has been estimated that by 1985 all
land surfaces, except those so cold or at such high altitudes as to
be incompatible with human habitation or exploration, will have been
occupied and utilized by man." - 89
"Although not yet proven, climatologists are being forced to
conclude that our planet has in recent times passed through a period
which may well have been optimal as far as food production is
concerned. They believe that future decades may well be
characterized by extremes - hot and cold, wet and dry - without
necessarily a change in average temperature. (4)" - 90
The endnote used to back up this claim
is given below:
"(4) There is certainly sufficient evidence for this
concern: the Asian monsoons were unsatisfactory for three successive
years between 1972-1974; severe droughts in the Sahel and other
parts of Africa and the Great Plains area of the United States and
Canada in 1974; an unexpected late frost in Brazil in 1975 which may
have destroyed as much as 60 per cent of its 1976 coffee crop. The
growing season of the best grain producing areas in the Soviet Union
is now believed to [be] about a week shorter than it was in the
1950's; an even more pronounced shift appears to have taken place in
the United Kingdom." - 97
Do these types of arguments sound
familiar?
"Much effort has been made in the past ten years, in
some industrialized countries, to bring the disadvantage facing many
Third World countries to the attention of large numbers of people.
If it has met with only limited success, it is probably because it
has failed to bring out the concept of interdependence of
countries and issues. More attention must in future be focused
on information and education on how our planet functions and on the
'survival fact' that the claim of the whole is wider and deeper
than the claim of any of its parts. There is also a fundamental
need to develop a broadly educated political class which is capable
of understanding science and the broad implications, possibilities
and dangers of technological advance, and which can harness
technological advance for constructive social purposes." - 111
Population Control and The World
Food Authority
"... these threats [of food shortage] might well be
exacerbated by increasing population pressures and deteriorating
climatological conditions." - 135
"Population control policies carry the important indirect
consequence of restricting the supply of unskilled labour, thereby
raising its price." - 73
"If the world is to be liberated from the continual nightmares of
hunger and malnutrition, these and the various measures proposed by
the FAO [Food and Agricultural Organization] Worlds Food Conference
should be implemented to the full and call for the creation of the
World Food Authority, with extensive and real powers;
or, as a second best, the World Food Council proposed by the World
Food Conference." - 138
"internationally owned and internationally managed [food] buffer
stocks..." - 226
"the question of introducing meat rationing should be seriously
considered [for developed countries]." - 227
Food as a Weapon
The incredible power that would be accomplished from a massive
concentration of food stocks under the control of a single agency did
not escape the authors of this report to the Club of Rome. The reigning
food situation in the world was dominated by the great dependence of
many countries on the North American breadbasket. This gave the
Americans a considerable amount of power over their dependent countries.
"the American Secretary for Agriculture who has
observed: "Food is a weapon. It is one of the principal tools in our
negotiating kit" " - 29
The further centralization of food
stocks under a single international power would only increase the abuse
of food supplies not decrease it. This, quite naturally, is the point.
The result of this control is well described by Bertrand Russell (who
strongly supported this idea) in his 1952 book The Impact of
Science of Society [2]:
"To deal with this problem [increasing population and
decreasing food supplies] it will be necessary to find ways of
preventing an increase in world population. If this is to be done
otherwise than by wars, pestilence, and famines, it will demand a
powerful international authority. This authority should deal out the
world's food to the various nations in proportion to their
population at the time of the establishment of the authority. If any
nation subsequently increased its population it should not on that
account receive any more food. The motive for not increasing
population would therefore be very compelling. What method of
preventing an increase might be preferred should be left to each
state to decide." - 124
Conclusion
The
final article in this series deals with a variety of issues
including global solidarity, regional unions, legal changes and a
standing United Nations Peace Force.
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NewWorldOrder |
America|
UN-American
WorldNet Daily
(May 5, 2008) - On the last day of the
Constitutional Convention in 1787, as Benjamin Franklin was leaving
Independence Hall, a lady asked him, "Well, doctor, what have we
got?" Franklin pointedly responded, "A republic, if you can keep
it." James Madison, chief architect of the Constitution, defined a
"republic" to be "a government which derives all its powers directly
or indirectly from the great body of the people, and is administered
by persons holding their offices ... for a limited period, or during
good behavior." In other words, in our constitutional republic, the
people possess the power to govern themselves by laws they enact
through elected representatives. Today, the most serious threat to
our nation's sovereignty and the republican form of government we
cherish is the United Nations and other international organizations
that work through ill-advised treaties and irresponsible bureaucrats
to usurp the power of the American people to govern themselves.
Unfortunately, more than a few politicians in our country are
willing to cede power to foreign control. One of those powers is the
right to control the oceans and seas. The president's proposed
budget for 2009 includes a request for nearly $5 million to support
the International Seabed Authority, an international tribunal
established by the Law of the Sea Treaty. For years this treaty has
been rejected by the U.S. Senate because it would take power away
from the U.S. government and give an unfair advantage to countries
like China, which uses the treaty's vague language to make claims
about the waterways it controls far beyond its proper jurisdiction.
This treaty would also impose a global tax on U.S. companies if
ratified by the Senate. The presumptive Republican nominee for
president, Sen. John McCain, wrote a letter in 1998 to the Senate
Foreign Relations Committee in favor of the Law of the Sea Treaty.
As late as 2003, McCain submitted written testimony to the committee
in favor of the treaty. But since seeking the Republican
presidential nomination, McCain has been telling conservatives that
he will "probably" vote against the treaty because its terms
negatively affect U.S. sovereignty. Other politicians want the U.S.
to fund welfare programs for the rest of the world. The leading
Democratic candidate for president, Sen. Barack Obama, is presently
sponsoring S.B. 2433: the Global Poverty Act of 2007. This bill
would sanction spending as much as $845 billion in taxpayer money to
reduce global poverty to meet the "U.N. Millennium Summit Goals." In
addition to calling for a reduction in global poverty through
unconstitutional foreign aid, the Millennium Summit Goals urge
nations to sign many other dangerous treaties like the Kyoto
Protocol and the U.N. Convention on the Rights of the Child – both
of which the Senate has rejected for many years. The Kyoto Protocol
sets limits on the amount of "greenhouse gases" that nations can
emit while specifically excluding countries like China that it
categorizes as "developing nations." It also subjects participating
nations to penalties for exceeding those limits. Japan, Italy and
Spain face penalties totaling over $33 billion for failing to meet
their obligations under Kyoto. Each of those countries admits that
the cost will be covered by taxpayers and businesses. Thus, joining
Kyoto would subject the American people and U.S. businesses to a
global tax. As for Obama's rival for the Democratic nomination, Sen.
Hillary Clinton, her husband formally signed the Kyoto Protocol on
Nov. 12, 1998, at a global conference in Buenos Aires. In February
2005, Sen. Clinton gave a speech on the "Future Role of the United
Nations" in which she openly supported then-Secretary General Kofi
Annan and the U.N.'s Millennium Summit Goals. Clinton has also long
supported the adoption of the U.N. Convention on the Rights of the
Child even though the treaty would wreak havoc on parental rights.
One thing all the leading presidential candidates for both major
parties support is continued financial aid to the U.N. despite its
dismal record of fraud and mismanagement. An audit last month
discovered that the U.N. has wasted tens of millions of dollars in
its "peacekeeping operations" in Sudan. Last year, a task force
uncovered "multiple instances of fraud, corruption, waste and
mismanagement at U.N. headquarters and peacekeeping missions ...
with an aggregate value in excess of $610 million." A series of
audits from 1996 to 2003 revealed "gross mismanagement" in the
U.N.'s $100 billion oil-for-food program in Iraq. Yet, Clinton in
her speech about the future role of the U.N. stated that she
"deplored" Americans "who have sought to weaken, undermine and
underfund the U.N." Actually, given the corruption and mismanagement
of the U.N., monetary support for the U.N. is un-American. The
obstinate support of the U.N. and continual reliance on treaties
with foreign powers to solve our problems is reminiscent of the time
when ancient Israel depended upon Egypt instead of the Lord for its
protection. Isaiah prophesied:
Woe to them that go down to Egypt for help; and
stay on horses, and trust in chariots, because they are many; and in
horsemen, because they are very strong; but they look not unto the
Holy One of Israel, neither seek the Lord! ... Now the Egyptians are
men, and not God; and their horses flesh, and not spirit. When the
Lord shall stretch out his hand, both he that helpeth shall fall,
and he that is holpen [helped] shall fall down, and they all shall
fail together.
The leading presidential candidates have repeated Israel's mistake:
They are looking to other nations for guidance and have failed to seek
guidance from God – the one upon Whom our nation was founded and our
ultimate security depends. In the process, "We the People" are losing
our right to self-determination and representative government through
the encroaching influence of the international community. George
Washington declared in his First Inaugural Address that "the
preservation of the sacred fire of liberty and the destiny of the
republican model of government are justly considered, perhaps, as
deeply, and finally staked on the experiment entrusted to the hands of
the American people." If the American experiment fails, republican
government falls with it. We must call on our leaders to fight for
America and to rely upon God.
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NewWorldOrder|America|
UNfortunately for us, the
political leadership believes that uniting the world together is the
best thing we can do. And indeed it sounds good on the surface.
However we must also remember that there is a war in heaven about to
be waged and what is set up here on earth will be taken over by
those that fell from heaven and used to control the earth as
prophesied. Of course to those who don't believe and rather trust
only in man's works look to this as foolishness, but time will prove
the Bible's foretelling of the end. Can we affect change in the
course that is set? I don't think so, the more I learn the further
along I see we are than I previously believed.
Getting people to open their
eyes seems to be the hardest thing, I don't necessarily want to
believe all this either, but I'm also not going to stick my head in
the sand. I think we should focus on reaching the individuals around
us with the Truth of the Gospel when we can. Learning what I have, I
have too much faith in God's Word coming to pass to think we can
change what is set for the appointed times. Let us rather be aware
and speak the Truth in love. For those in Christ, our kingdom
is not of this world.
John 18:35-37 Pilate answered, Am I a Jew? Thine own nation and the chief
priests have delivered thee unto me: what hast thou done? Jesus
answered, My kingdom is not of this world: if my kingdom were
of this world, then would my servants fight, that I should not
be delivered to the Jews: but now is my kingdom not from hence.
Pilate therefore said unto him, Art thou a king then? Jesus
answered, Thou sayest that I am a king. To this end was I
born, and for this cause came I into the world, that I should
bear witness unto the truth. Every one that is of the
truth heareth my voice.
The Bible foretells of Christ's
kingdom that will come after a time of great tribulation when the
man of sin is given power by Lucifer to come against those who hold
the testimony of Christ. It is after this time that He will return
to set up His eternal kingdom. From now until the time of great
tribulation begins...
Matthew 24:10-21 And then shall many be offended, and shall betray one
another, and shall hate one another. And many false prophets
shall rise, and shall deceive many. And because iniquity shall
abound, the love of many shall wax cold. But he that shall
endure unto the end, the same shall be saved.And this
gospel of the kingdom shall be preached in all the world for a
witness unto all nations; and then shall the end come.
When ye therefore shall see the
abomination of desolation, spoken of by Daniel the prophet,
stand in the holy place, (whoso readeth, let him understand:)
Then let them which be in Judaea flee into the mountains:
Let him which is on the housetop not come down to take any thing
out of his house: Neither let him which is in the field return
back to take his clothes. And woe unto them that are with child,
and to them that give suck in those days! But pray ye that your
flight be not in the winter, neither on the sabbath day: For
then shall be
great tribulation, such as was not since the beginning of
the world to this time, no, nor ever shall be.
"Atomic and political scientists from Harvard
University and MIT meeting in November 1975 concluded that an atomic
war will certainly occur before the year 2000. This, they believed,
could only be prevented by the decision of all nation-states to
surrender their sovereignty to an authoritarian world government, a
possibility they viewed as unlikely." - RIO: Reshaping the
International Order, 1976 (p46)
Public opinion is not generated by the public it is
driven into them by marketing and propaganda. One of the main aspects of
generating public opinion is the use of experts or specialists to tell
the public what to think and give them a false sense of security derived
from the belief that there are armies of experts making all of the
difficult decisions for them. What if the legions of experts are just
white coated propagandists?
Importance of Public Opinion
Any attempt at creating a new
international order requires the reshaping of public opinion from their
current modes of thought into newer more appropriate forms. This
important detail was not overlooked by The Club of Rome. From RIO:
Reshaping the International Order: [Italicised text is
original emphasis and bolded text is added by author.]
"The possibility of implementing ideas of a new power
structure would, in democratic societies, necessitate the acceptance
of such ideas by wide sections of public opinion. It is of paramount
importance, therefore, that new ways and means be found to
establish, within industrialized countries, contacts between formal
and informal groups of concerned citizens, scientists and
politicians..." - 109
"Political feasibility. Crucially important especially during
the early phases of the transformation of the existing order..." -
101
"Development implies a constant destruction of sociological and
psychological structures. The real problem of development is
cleverly to balance positive and real improvements with severe
destructions... It is the responsibility of every nation to make its
own choice between economic progress and socio-psych structure
destructions, and to define its own fundamental objectives for real
development, which is the development of man as a totality and of
the totality of men." - (Part of RIO member Maurice Guernier's
position statement) - 321
"The satisfaction of needs implies that each person available for
and willing to work should have an adequately remunerated job...
Education is the most important non-material component for
fulfilling individual ambitions... At a higher level, education not
only contributes directly to individual satisfaction by developing
that individual's spiritual endowment, but also indirectly by
preparing the individual, mentally as well as morally, for a future
role in a changing world..." - 64
Reshaping Public Opinion
Public opinion is not generated from the public, but rather given to
them from politicians, experts, fiction, news media, etc.
"Public opinion is no phenomenon sui generic.
It is in part the result of government policies and by definition
politicians cannot hide behind their own creation. If some
sectors of public opinion in the industrialized countries are
immersed in the rhetoric and slogans associated with
misunderstanding, then much of this may be inherited from their
political leaders. And if these leaders are in part responsible
for a situation which impedes acceptance of the need for change,
then they themselves must be held responsible for changing this
situation." - 110
No Technocracy, Just White Coated
Propagandists
"One of our main weapons in this search is the vast
arsenal of scientists we are potentially able to deploy. To fully
utilize this resource, we must deliberately choose to focus
investigation in directions we believe to be really
relevant." - 107
"In political process too, the search for 'new combinations' can be
expected to produce valuable results. Such a search is likely to
demonstrate the responsibilities which scientists and other
specialists have, not only to their nations, but also to the
constituency of mankind. In the past, specialists have often been
reluctant to engage in political debate or to share their knowledge
and fears with the general public. Given social dilemmas, they have
often preferred to adopt neutral rather than value positions, to
tacitly advise rather than openly advocate. This generalization no
longer holds true. In many branches of science there are radical
movements. Increasingly, both in the rich and poor worlds,
scientists are involved in active advocacy which they see as an
intellectual and ethical duty.
These observations suggest that specialists be provided with greater
opportunities to participate in the making of decisions in areas of
vital importance to the future of mankind This is not to suggest the
creation of a technocracy nor that political will can ever be
substituted by scientific expertise... Specialists must serve as
'advocates of the unborn' and the expansion of their role can be
viewed as an example of functional representation in
international decision-making.
Not only must specialists advocate courses of action in
international fora, they must also more fully commit themselves to
development efforts at the local level. Their commitment must be
total, their allegiance to a problem or community unstinting.
Experts operating through bilateral and multilateral channels have
not always meet these requirements. The 'new expert', in actively
promoting local self-reliant development, may need to subordinate
his own values even his knowledge, to those of the community he
is attempting to serve. We have seen the rise of 'barefoot doctors';
we must encourage the rise of 'barefoot experts'." - 108
The above quote clearly states that
the "new experts" should form a league of white coated propagandists
willing to subordinate their knowledge (the only thing they have to
offer) to a desired political agenda. It should also be noted the use of
the term "functional representation". This is significant because the
Club of Rome redefines sovereignty from what they call "territorial
sovereignty" to "functional sovereignty" completely changing the meaning
of sovereignty. More on the redefinition of sovereignty
here.
Using Other Groups
"The most important options for organizing
institutions lie in three main areas. The first relates to the way
in which the means of operating society are grouped into bunches
which can appropriately be handled by one institution. From the
viewpoint of efficiency, the most suitable approach would be to
group together those means requiring similar techniques of control.
The second option concerns the various levels of decision-making and
the hierarchy corresponding to it. This important structural
consideration applies to single institutions as well as to the
relationship between persons and between institutions. ...
Third... Membership should not be limited to national
governments; it should also embrace non-governmental organizations
of many kinds operating at different levels." - 101
"Whereas national public opinion may exist in the singular,
internationally it exists in the plural... Groups of many different
kinds, both in and outside the production process - students, trade
unions, scientists - from both the Third World and the
industrialized countries should join forces in their attempts to
shape public and political opinion. The aim here must be the
internationalization of attempts at 'conscience-raising'. There
would appear to be tremendous scope for a range of non-governmental
organizations in this field and for cooperation among them." - 111
"... a conscious attempt must be made to organize intellectual and
political lobbies to re-educate international public and political
opinion." - 177
"Convincing Public and Political Opinion: Coordinated and
intensified effort should be made, particularly in industrialized
countries, to publicize the need to create an international social
and economic order which is perceived as more equitable by
all peoples. ... The primary task of many non-governmental
organizations must be to undertake the effort suggested." - 122
The Ministry of Third World Truth
The Club of Rome proposes the creation of a Ministry of Third World
Truth to help shape international public opinion.
"Such reform [of news media] should include the
creation of a Third World information centre to specifically serve
Third World needs and to facilitate the dissemination of information
on the Third World, both in industrialized and Third World
countries." - 111
Conclusion
The creation of a World Food Authority and its use for population
control is examined in
part 5. The
final article in this series deals with a variety of issues
including global solidarity, regional unions, legal changes and a
standing United Nations Peace Force.
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While listening to this
audio, keep in mind that according to Bible prophecy, there will be
a global cashless economic system. One of the precursors to that,
according to some interpretation of scripture, is an economic and
food crisis, the
third seal, which could lead to the implementation of a new
financial system.
Euro dives as wheels fly off eurozone economy
Telegraph UK
(April 26, 2008) - The euro has
suffered its sharpest drop in four years as a blizzard of weak data from
Germany, Belgium, France, and Spain spark fears that economic contagion
may be spreading from the Anglo-Saxon world to Europe. Spain's business
federation warned that Spanish unemployment will rise by 500,000 by the
summer unless the government takes "valiant measures" to offset the
housing and construction crash. "For every dwelling not built, two
workers will lose their jobs," said the group's president, Gerardo Diaz
Ferran. The country's credit group ASNEF said the volume of personal
loans had dropped 30pc in the first quarter, the worst performance since
the country's financial crisis in the early 1990s. Troubling data in
Spain has been building for months, but investors have tended to focus
on Germany as a proxy for the whole eurozone. A shock drop in Germany's
IFO business confidence index yesterday caused an abrupt change of mood
in the currency markets. The euro plunged to $1.5646 against the dollar,
down from its all-time peak of $1.6018 on Tuesday. It is still 27pc
above its level two years ago. The German data follows a slide in the
Belgian index, which captures crucial port activity in Antwerp. The
headline confidence figure fell to -7.4 in April from plus 1.2 in March,
with a dramatic slump in the export order books to -14. This is flashing
near-recession warnings. David Owen, an economist at Dresdner Kleinwort,
said Europe would soon be engulfed by the twin effects of a "collapse in
export volumes" and a slow motion credit squeeze. "The wheels are coming
off the eurozone economy," he said. BNP Paribas warned clients yesterday
that the "decoupling story" was no longer credible. "We see Europe in
the early stage of a credit crunch, and if we are right credit supply
will shut down," it said. Key governors of the European Central Bank
began to back away from their hawkish stance of recent weeks, clearly
disturbed by the market perception that they are mulling a rate rise to
choke off price rises. Inflation has reached a post-EMU high of 3.6pc on
surging oil and food costs. Jean-Claude Trichet, ECB president, went out
of his way yesterday to brief journalists that "sharp" currency moves
had "possible implications for financial and economic stability", a
coded threat of co-ordinated intervention by world central banks.
more...
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Economic Crisis
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Keep in mind that while Europe
is the center of power in Bible prophecy, there is going to be a new
global economic system that I believe will replace paper money with
electronic money linked through technology to RFID that will require
a mark to buy or sell. The world central banks seem to be the ones
with the power to bail out anyone and they are some of the greatest
proponents of a global governance scheme. I think its a matter of
time before this comes about and if the timing I've come across is
accurate it could be within a year. Is that possible? Given the
events that are coming about, it just may be but I'm still watching
too.
On St George's Day, EU wipes England off map
Telegraph UK
(April 24, 2008) -
England
has been wiped off a map of Europe drawn up by Brussels bureaucrats
as part of a scheme that the Tories claim threatens to undermine the
country's national identity. The new European plan splits England
into three zones that are joined with areas in other countries. The
"Manche" region covers part of southern England and northern France
while the Atlantic region includes western parts of England,
Portugal, Spain and Wales. The North Sea region includes eastern
England, Sweden, Denmark, the Netherlands and parts of Germany. A
copy of the map, which makes no reference to England or Britain, has
even renamed the English Channel the "Channel Sea". Each zone will
have a "transnational regional assembly", although they will not
have extensive powers. However, the zones are regarded as
symbolically important by other countries. German ministers claimed
that the plan was about "underlying the goal of a united Europe" to
"permanently overcome old borders" at a time when the "Constitution
for Europe needs to regain momentum". The Tories are drawing
attention to the plan today, St George's Day. Eric Pickles, the
shadow secretary of state for communities and local government,
said: "We already knew that Gordon Brown had hoisted the white flag
of surrender to the European constitution. "Now the Labour
government has been caught red-handed, conspiring with European
bureaucrats to create a European super-state via the back door." The
disclosure of the European map comes as a YouGov poll commissioned
by The Daily Telegraph showed that one third of people want England
to have its own parliament. Twenty per cent want England to be an
independent country and for Britain to be broken up.
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NewWorldOrder|
MEPs to use
budget power over EU president perks
EU Observer
(April 22, 2008) - Members of the
European Parliament are prepared to use their hold over the bloc's
purse-strings to try and make sure that the proposed new EU
president does not wield too much power. "The treaty is very
clear about the duties [of the president]," the head of the
parliament's budget committee, Reimer Boege, told EUobserver, noting
that it says the person can have an administrative role, "but not
take over an executive function." "Budget power is always used as a
weapon. This is a principle," said the centre-right German MEP. The
parliament, wary of upsetting the fine balance of power between the
EU institutions, will have a chance to use this weapon when it comes
to negotiations later this year on the 2009 budget. Mr Boege said
that MEPs will looking out to see that if any extra perks for the
president – a private plane and a residence are rumoured to be under
consideration – would be "linked to lowering the communitarian level
in the treaty", meaning reducing the power of the European
commission and boosting inter-governmental politics. The MEP urged
member states who are due to deliver a draft budget to the
parliament before the summer to show a "flexible and responsible
approach" and indicated that euro-deputies would be inclined to
accept a staff set-up for the president that does not exceed that of
the immediate staff of the European commission president (around
20). The first reading of the budget is due in October, but MEPs are
already fretting about the institutional implications of the
Lisbon Treaty, which is supposed to come into force by the beginning
of next year. Earlier this month, senior MEPs, including
parliament President Hans-Gert Poettering, met European Commission
President Jose Manuel Barroso to raise certain points about the
treaty, particularly concerning the remit of the proposed president.
The treaty foresees a purely administrative role for the
President of the European Council – the formal title of the post
- organising the meetings of EU leaders. However, there is the
potential for external representation overlap with the foreign
minister and the commission president, while the role is also set
to be defined by the person who gets the job. A powerful EU
president that is neither subject to parliamentary control nor
elected by citizens "would lead us to a pre-democratic situation,"
German centre-right MEP Elmar Brok told the constitutional affairs
committee earlier this month. more...
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NewWorldOrder|
"The achievement of this global planning and
management system calls for the conscious transfer of power -
a gradual transfer to be sure - from the nation State to the world
organization. Only when this transfer takes place can the
organization become effective and purposeful." - RIO: Reshaping
the International Order, 1976 (p185)
This article addresses the
redefinition of sovereignty from "territorial sovereignty" to
"functional sovereignty" by The Club of Rome. Also discussed is the use
of the concept of the "common heritage of mankind" to gain international
control of not just the oceans, atmosphere and outer space but also all
material and non-material resources.
Part 1 of this series gives an overview of the proposed new
international order described by the RIO report as "humanistic
socialism". This includes: collective neighbourhood armies, a fully
planned world economy, global free trade, public international
enterprises, proposed changes in consumption patterns among other
topics. Changes to the financial system including international taxation
and the creation of a World Treasury, World Central Bank and World
Currency are examined in
part 2.
Territorial Sovereignty versus Functional Sovereignty From
RIO: Reshaping the International Order: [Italicised text is
original emphasis and bolded text is added by author.]
"Given the growing list of problems confronting
mankind, every effort must be made to stimulate processes which
point in directions which can be deemed desirable. This would
certainly apply, for example, to the tendency towards the increasing
centralization of decision-making involving issues beyond national
frontiers should be viewed as a logical continuation of the process
of change and a precondition for the effective assertion of national
sovereignty." - 103
The "increasing centralization of
[international] decision-making" being a "precondition for the effective
assertion of national sovereignty" may seem contradictory. The reason
for this misunderstanding is your definition of sovereignty is based on
an apparently outdated "territorial sovereignty" instead of the much
more modern and politically correct "functional sovereignty".
"In other words, the traditional concept of
territorial sovereignty should be replaced by the concept of
functional sovereignty, which distinguishes jurisdiction over
specific uses from sovereignty over geographic space. This would
permit the interweaving of national jurisdiction and international
competences within the same territorial space and open the
possibility of applying the concept of the common heritage of
mankind both beyond and within the limits of national
jurisdiction."- 172
That is right, "sovereignty" no longer
involves governmental control within a geographic space, rather it
refers to governmental control of specific functions within a geographic
space. Which functions would depend on the dictates of a world
authority.
"Acceptance of these elements calls for a
reinterpretation of the concept of national sovereignty.
Participation and social control suggest a functional rather
than a territorial interpretation of sovereignty, or jurisdiction
over determined uses rather than geographical space. Conceptually,
this interpretation will make possible the progressive
internationalization and socialization of all world resources -
material and non-material - based upon the 'common heritage of
mankind' principle. It also permits the secure accommodation of
inclusive and exclusive uses of these resources, or, in other words,
the interweaving of national and international jurisdiction within
the same territorial space... Ultimately, we must air for
decentralized sovereignty with the network of strong
international institutions which will make it possible." - 82
Common Heritage of Mankind as
"Functional Ownership"
"... the new concepts of functional sovereignty and
functional ownership (common heritage of mankind)." - 314
"The [Communist Yugoslavian] concept of social ownership and its
attributes are clearly applicable to the 'common heritage' concept."
- 81
"Effective planning and management calls for the fundamental
restructuring of the United Nations so as to give it broad economic
powers and a more decisive mandate for international economic
decision-making... It is also hoped that major changes in the United
Nations structure will be made over the next decade so that it is
not only able to play a more forceful role in world political
affairs but it is also able to become more of a World Development
Authority in managing the socio-economic affairs of the
international community. ... The most effective way of articulating
the planning and management functions of this organization would be
through a functional confederation of international organizations,
based upon existing, restructured and, in some instances, new United
Nations agencies - to be linked through an integrative machinery.
This system and its machinery, if it is really to reflect
interdependencies between nations and solidarity between peoples,
should ultimately aim at the pooling and sharing of all
resources, material and non-material, including means of production,
with a view to ensuring effective planning and management of the
world economy and of global resource use in a way which would meet
the essential objectives of equity and efficiency." - 185
"In the long term, and assuming progress towards the creation of an
equitable international economic and social order leading to a
pooling of material and non-material resources, mineral resources
will need to be viewed as a common heritage of mankind. This
concept implies both a real world market for all mineral resources
and a system of world taxation to replace national mining taxation.
The revenues collected should be redistributed among Third World
countries - possibly through such an agency as IDA [International
Development Association - World Bank group]...
This tax could, for instance, be introduced as one of a moderate
rate and gradually be raised to something in the order of 70 per
cent of profits on fossil fuels and 50 per cent of the value of
production of ores (including uranium).
Such a tax would, like the present taxes on oil products, in fact be
paid by the consumers...
Such a tax, at the rates proposed, would probably induce consumers
to restrict their consumption of mineral raw materials..." - 148
This concept includes the manipulation
of the Third World "national liberation" movements in the post colonial
era. These are only stepping stones toward "functional sovereignty".
"[Third World territorial sovereignty] is a weapon
which must be used in the struggle for a new international order." -
247
"After the exercise of national sovereignty by Third World countries
over their national resources has helped to establish more equality
between mineral producing and consuming countries, a switch to
the concept of the 'common heritage of mankind' is recommended and a
gradual transformation of the principle of territorial sovereignty
into functional sovereignty. This must be viewed as the most
desirable approach to the world management of national and other
resources, material and non-material." - 150
"Sovereignty and the Common Heritage of Mankind... the first
objective to be achieved is the attainment by Third World countries
of full sovereignty over their resources in compliance with the
UNCERDS [United Nations Charter of the Economic Rights and Duties of
States]. Only after this objective has been achieved can the concept
of the common heritage of mankind, traditionally limited to
resources considered as res nullius such as the oceans and
outer space, be expanded to new domains such as mineral resources,
science and technology, means of production and other sources of
wealth. After the exercise of national sovereignty has
contributed toward the creation of a more equitable international
order, the aim should be to pool all world resources - material and
non-material - with a view to ensuring effective planning and
management of the world economy and of global resource use in a way
which would meet the dual objectives of equity and efficiency. In
this perspective resources would need to be managed on the basis of
decentralized planetary sovereignty. Proposals contained in the
following chapters for the application of the common heritage
concept to particular fields should thus be viewed in this broader
context." - 123
Remember when you hear the term
"Common Heritage of Mankind" it does not just refer to the oceans,
atmosphere and outer space, it refers to all material and non-material
resources. Anything that might be considered a source of wealth would be
brought under strict international authority. Keep in mind non-material
resources includes, among other things, the education of "human
resources". more...
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Defining a better Mediterranean union
The Daily Star
(April 21, 2008) - Next July 13, in
Paris, Europe will better define the Union for the Mediterranean
(UM), its latest venture in the Middle East. Initially proposed by
French President Nicolas Sarkozy, the idea has undergone radical
transformation, so that the current incarnation bears little
resemblance to the initial proposal. The shape of the UM will only
be clear once the July summit is over, but as things now stand, the
union holds many challenges, but also some promise, for the Middle
East. The original idea, floated during Sarkozy's presidential
campaign, was highly nebulous. Seen as a means of rebuilding
France's role in the Middle East, the plan was also a way for
Sarkozy to appeal to voters of North African origin. Initially, it
involved the 10 Mediterranean states and only the southern states of
the European Union. However, Germany, fearing the creation of a
power block within the EU, vociferously objected. Chancellor Angela
Merkel slammed the plan as "very dangerous," arguing it would
release "explosive forces in the EU that I would not like to see."
As a result of German lobbying, the UM idea has since been watered
down. Whereas initially the union was to be independent of
existing EU instruments, such as the Barcelona Process and the
European Neighborhood Policy (ENP), it has now been reconfigured, as
Hans-Gert Pottering, the president of the European Parliament, has
described it, to "strengthen and further the Barcelona Process."
The UM is now attached to the EU and involves all 27 member states.
Additional EU funds will not be forthcoming, although it is rumored
that Qatar and private donors will be contributing money. The UM,
however, does still maintain its project-specific nature, with an
opt-out clause for those states who do not wish to take part in the
projects being offered, which currently center on energy, pollution,
and civil security cooperation issues. But even the new, expanded
project is drawing a fair amount of flak. As one commentator noted,
the involvement of the 27 EU states may lead to a danger of "too
many meetings, with too many participants that achieve too little."
Such concerns compound fears of duplication and an expansion of an
already overly bureaucratic European system, unless extreme care is
taken in overseeing the linkage with the ENP. Pessimists point to
other potential stumbling blocks - primarily the acrimonious
relations between the Middle Eastern partners in the UM. Chief among
these worries is the simmering Israeli-Palestinian conflict, but
hostile Syrian-Lebanese relations and Moroccan-Algerian tensions are
also predicted to place limits on what the UM can realistically
achieve. Supporters, however, liken this to the EU model, whereby
shared interests might generate conflict resolution, with French
Minister for European Affairs Henri Guaino arguing that "it's
through concrete cooperation ... that we can create solidarity
between nations." As observers have noted, most of the areas
marked for projects have been those where collaboration has taken
place under the Barcelona Process. Closer regional relations,
therefore, will have to result not from a novel approach, but from
revived association - a question of degree, not content. Yet if
Guaino's argument is correct, then the UM might do more than enable
Israeli-Palestinian cooperation. Collaboration on various projects
may also provide a helpful platform in aiding rapprochement in North
Africa, vital in light of rising violence by Al-Qaeda in the Islamic
Maghreb. Another point of criticism is the lack of clarity regarding
the relationship of the UM with the EU's political basket - namely
the need to enhance democracy and rule of law in the Middle East. So
far, the UM appears focused on business-oriented initiatives,
leading human rights activists to fear the sidelining of democracy
and rule of law requirements within the framework of the EU's
relationship with the Mediterranean states. Yet the silence over
governance issues can cut both ways. For the Arab counterparts, it's
a welcome relief. Combined with the shared presidency of the UM (one
European country will hold the post together with a Mediterranean
country), this could go some way toward addressing regional
resentment of the Barcelona Process and the ENP - viewed by many as
unfairly weighed in favor of the EU. Redressing this
imbalance will enable a sense of appropriation by the Mediterranean
counterparts, providing for more enthusiastic European-Middle East
relations. more...
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North American Union: PR Was Focus of Recent Secret
Meeting of the SPP Natural
News
(April 19, 2008) - An internal memo
from Canada's Foreign Affairs and Internal Trade ministry, obtained
by World Net News under the Access to Information Act, documents the
agenda at the most recent secret summit meeting of the Security and
Prosperity Partnership (SPP) in Montebello, Quebec, held on August
20-21, 2007. The central activity of the meeting was to figure out a
way to get the American people to swallow the idea of the
collaboration leading to the North American Union, and to squelch
the growing criticism surrounding it. Present at the meeting were
U.S. President George Bush, Mexico's President Felipe Calderon, and
Canada's Prime Minister Stephen Harper. The SPP consists of 20
working groups plus the attending cabinet officers from each country
and the heads of state. Also present were members of the North
American Competitiveness Council (NACC), the only participants
invited to meet behind closed doors with the SPP bureaucrats. The
NACC is a largely secretive advisory council to the SPP consisting
of representatives from 30 North American corporations selected by
the Chambers of Commerce in the three nations. The NACC issued no
press releases disclosing specific recommendations made to them by
the SPP trilateral working groups tasked with "integrating" and
"harmonizing" administrative rules and regulations into a unified
North American format. However, the memo documents that the NACC was
urged to launch a public relations campaign to counter growing
criticism of the trilateral cooperative that is seen by many as a
major step toward the North American Union, see (http://www.naturalnews.com/022707.html).
"Leaders had a successful meeting with the members of the NACC,
which had been launched at the leader's meeting in Cancun in March
2006, to counsel governments on how they might enhance North
American competitiveness," the memo begins. As discussion continues,
the members of the NACC were urged to "assist in confronting and
refuting critics of the Security and Prosperity Partnership of North
America". According to paragraph four of the memo, the public
relations theme continued during the meeting. "In closing, all
leaders expressed a desire for the NACC to play a role in
articulating publicly the benefits of greater collaboration in North
America." Further on, according to the memo, "Leaders discussed some
of the difficulties of the SPP, including the lack of popular
support and the failure of the public to understand the competitive
challenges confronting North America." The memo continues,
"Governments are faced with addressing the rapidly evolving
competitive environment without fueling protectionism, when industry
sectors face radical transformation." The memo documents a comment
by the U.S. President. "In terms of building public support,
President Bush suggested engaging the support of those who had
benefited from NAFTA and from North American Integration (including
small business owners) to tell their stories and humanize the
impressive results." Regarding import safety, the document says,
"President Bush underlined the importance of tackling the issue more
broadly and showing that governments are ahead of this issue in
order to prevent a trade protectionist backlash, especially against
China." The memo again reinforces the public relations theme,
emphasizing, "NACC members should have a role in communicating the
merits of North American collaboration, including by engaging their
employees and unions." Meanwhile, a policy of secret, closed-door
meetings where the press and the public is not invited to
participate or observe the process continues to characterize
meetings of the SPP and trilateral working groups. A meeting of the
SPP that was virtually unreported in the U.S. and Canada on February
27-28, 2008 in Los Cabos, Mexico, was disclosed in the Mexico City
newspaper La Jornada. According to the newspaper, the Secretary of
Commerce Carlos Gutierrez visited Mexico City prior to the Los Cabos
meeting "to renegotiate NAFTA" by offering the information to Mexico
that undisclosed U.S. corporations and the U.S. government are
planning to place as much as $141 billion in new investments in
Mexico under the Mexico National Infrastructure Project 2007-2012.
In a press release published February 21 on the U.S. Trade and
Development Agency website, the agenda for the February 26-28
meeting in Mexico City was presented. At this meeting Secretary
Gutierrez planned to announce United States Trade and Development
Agency (USTDA) grants totaling more than $1.7 million made "to
promote the development of transportation, energy and environmental
projects under Mexico's National Infrastructure Program". Another
press release on the USTDA website documents the launching by
President Calderon of Mexico's National Infrastructure Program in
July, 2008. Its goal is to create $141 billion dollars worth of new
infrastructure investment opportunities for U.S. firms by 2012.
more... | NewWorldOrder|
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British prime minister calls for global 'interdependence'
Associated Press
(April 18, 2008) - British Prime
Minister Gordon Brown, in his first foreign policy address in the
United States, called on the U.S. and Europe on Friday to lead a new
era of global "interdependence" aimed at solving international
problems such as terrorism, poverty and climate change. "We urgently
need to step out of the mindset of competing interests and instead
find our common interests, and we must summon up the best instincts
and efforts of humanity in a cooperative effort to build new
international rules and institutions for the new global era," Brown
said in a speech to about 350 invited guests at the John F. Kennedy
Presidential Library and Museum. Brown cited Kennedy's Independence
Day speech in 1962, when the president proposed a "new and global
declaration of interdependence." Brown said Kennedy's call for
public service "still reverberates around the world and always
will." Noting Kennedy's creation of the Peace Corps, Brown called
for the creation of "a new kind of global peace and reconstruction
corps," which he described as an organization of trained civilian
experts available any time to rebuild states. Brown also talked
about U.S. leadership following World War II, include the Marshall
Plan that funneled millions in economic aid and technical assistance
to help rebuild Europe. "We must summon inspiration from the vision,
humanity and leadership shown by those reformers to guide our
actions today," he said. Brown reiterated his call for reform of the
World Bank, International Monetary Fund and United Nations to give
emerging countries such as China, India and Brazil more say in the
international institutions. He called on the World Bank to intensify
programs to reduce poverty and said the institution should become a
bank for both development and the environment by transferring
billions in loans and grants to encourage the poorest countries to
adopt alternative sources of energy. The British leader, who has set
a mandatory target in the U.K. to cut greenhouse gas emissions by 60
percent by 2050, insisted that a new global pact on reducing carbon
emission must be agreed on by the end of 2009. He said the deal,
which would replace the Kyoto Protocol that was rejected by the U.S.
and expires in 2012, should be led by the United Nations and needs
to set binding targets for all developed countries. Brown, who has
overseen some U.K. troop withdrawals in Iraq and sought to soothe
public anger in Britain over the unpopular war, did not mention Iraq
directly. But he insisted he would support future military action to
intervene in failing states. He praised President Bush for leading
the world in an attempt to root out terrorism and "our common
commitment that there be no safe haven for terrorists." Brown said
the United States and Europe should act as "hardheaded
internationalists," and use "diplomatic, economic, and yes, when
necessary military action -- to prevent crimes against humanity when
states can no longer do so."
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France seeks more ambitious EU globalisation strategy
EurActiv.com
(April 17, 2008) - The EU's growth and
jobs strategy needs to be supplemented by a global arm if Europe
wants to remain competitive in the future, argues a new report for
the French government , which could become official policy when the
country assumes the EU Presidency on 1 July. Although the Lisbon
Strategy is delivering initial results, the EU needs to "quicken the
pace" and "adopt a global viewpoint" or it will be "out of the race
by 2020", argued Laurent Cohen-Tanugi, the author of the report, in
an interview with EurActiv France before the official presentation
of the report to the government on 15 April. Admitting that the
Lisbon Strategy has been "visionary" in giving Europe a "head start
over the rest of the world," the author criticises its failure to
achieve the intrinsic goal of reducing the competitiveness gap with
the US. Now Europe even risks being overtaken in certain sectors by
major emerging countries such as China, India or Brazil if it
chooses to maintain the current status quo, argues Cohen-Tanugi.
"Europe is once again behind in a world that is developing at
unprecedented speed," he says, resulting from its failure to
implement the promised reforms. A new 'Lisbon Plus'? The
report calls for the Lisbon Strategy to be renamed "Lisbon Plus" and
integrated into a broader "EuroWorld 2015 Strategy" which would
produce a "more comprehensive strategy" than the Lisbon Agenda.
While "Lisbon Plus" would become the EU's internal component of this
"strategic vision", the second pillar would rely on common external
policies, such as trade, agriculture or the internal market, to help
shape globalisation, according to the report. "The importance given
to external policies is intended to signal the start of a new phase
in the history of European unification in which Europe is no longer
centred on itself but on its relationship with the rest of the
world," the author claims, highlighting a "genuine paradigm shift".
"Competitiveness through innovation" The focus of Lisbon Plus
should be on "competitiveness through innovation," the report
suggests, linking the different economic, social and environmental
dimensions. Moreover, the author expresses his hope that the French
Presidency (to begin on 1 July) will stimulate the so-called
"knowledge triangle" (higher education, research and innovation),
enhancing the value of Europe's human capital and promoting a new
"green economy". "The real global challenge with which Europe is
confronted is to stay in the race, in terms of prosperity and
international influence, in a world that is destined to be dominated
by an America/Asia duopoly," says Cohen-Tanugi. "It is now up to the
French EU Presidency to start carrying through this new strategic
vision," the report concludes.
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Solana| NewWorldOrder|
According to a recent article appearing in
EurActiv.com, the gentleman at the left,
Laurent Cohen-Tanugi has been delegated by the French government
for its upcoming 6 month EU presidency to make plans to vastly
project European power -- far beyond the "sweeping reforms" Javier
Solana has declared the in ratification progress "Lisbon Treaty"
will make. Msr. Cohen-Tanugi says that the "Lisbon Strategy is an
inadequate answer to globalisation." I found 87 google hits of
Solana's and Laurent Cohean-Tanugi's name together. I have not yet
had time to analyze all. According to Euractiv:
Although the Lisbon Strategy is delivering
initial results, the EU needs to "quicken the pace" and "adopt a
global viewpoint" or it will be "out of the race by 2020",
argued Laurent Cohen-Tanugi, the author of the report, in an
interview with EurActiv France before the official presentation
of the report to the government on 15 April.
It is hard to say if this is being done at
Solana's behest or to upstage him. As I recall the prophecies,
whoever and whatever "the beast" ends up being would trample the
whole earth underfoot. It certainly sounds like the European
aspirations are decidedly global.
Berlusconi "wants more EU influence"
Reuters
(April 16, 2008) - Italian prime
minister-elect Silvio Berlusconi said on Wednesday he would help the
EU regain the influence he said it had lost since he was last in
power and called for the European Central Bank's mandate to be
broadened. Speaking on one of his own television channels after
winning Italy's April 13-14 election, Berlusconi said the EU
needed a "top leadership squad" to make it count in the world.
"There is a need to reconstruct a Europe that has a leading role in
the Western world that can tackle with determination the problems
facing the world," said the 71-year-old conservative media mogul,
who is expected to take office next month. In later comments that
could anger some of Italy's European Union partners, for whom ECB
independence is sacrosanct, Berlusconi said its mandate should be
widened beyond keeping inflation in check. He did not specify what
he meant, but in the past he has urged the central bank to support
economic growth. Rules set out in the 1992 Maastricht Treaty give
the ECB the power to pursue its primary goal of maintaining price
stability free of political influence. "I believe the ECB's
functions need to be widened beyond the power to control inflation,"
Berlusconi told a news conference. Italy's third-richest man and
owner of AC Milan soccer club, Berlusconi said during the election
campaign he wanted to "intervene" with the ECB and would discuss it
with EU leaders such as France's Nicolas Sarkozy and Germany's
Angela Merkel. Sarkozy has repeatedly called for action to curb the
sharp rise in the value of the euro, while Germany has vigorously
defended the ECB's independence from politicians. Berlusconi often
blames the euro for the underperformance of Italy's economy, echoing
the opinion of many Italians who say their spending power has waned
since they gave up the lira. Exporters complain the strong euro
makes them less competitive. Berlusconi's victory had been expected
to deal a final blow to the sale of loss-making Alitalia to Air
France-KLM, which has been blocked by unions. Berlusconi wants a
home-grown rescue, but has left the door open to the foreign bid if
Alitalia is given equal footing in any future international airline
group. more...
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EU/UN/4th Kingdom| NewWorldOrder|
"Among the instruments of implementation at the
international level, I attach the highest priority to the
introduction of international taxation and the establishment of an
international central bank." - Mahbub ul Haq, Director of Policy
Planning World Bank (1970-1982) and RIO Member (p321)
The Club of Rome is a premiere think
tank composed of approximately 100 members including leading scientists,
philosophers, political advisors, former politicians and many other
influential bureaucrats and technocrats. This series of articles
describes the major conclusions of the 1976 book Rio: Reshaping the
International Order: A Report to the Club of Rome [1] coordinated by
Nobel Laureate Jan Tinbergen. The RIO report "addresses the following
question: what new international order should be recommended to the
world's statesmen and social groups so as to meet, to the extent
practically and realistically possible, the urgent needs of today's
population and the probable needs of future generations?"
Part 1 of this series gives an overview of the proposed new
international order described by the RIO report as "humanistic
socialism". This includes: collective neighbourhood armies, a fully
planned world economy, global free trade, public international
enterprises, proposed changes in consumption patterns among other
topics. Below is a summary of some of the changes to the financial
system proposed by The Club of Rome.
Creation of a World Reserve
Currency From RIO: Reshaping the International Order: [Italicised
text is original emphasis and bolded text is added by
author.]
"Phasing out of national reserve currencies as well
as gold from reserve creation, confining increasingly the latter to
SDR [Special Drawing Rights] type assets created by joint
decisions..." - 128
"The residual use of gold as a reserve stock for central banks
should and will be phased out gradually." - 199
"The creation of an international reserve currency by an
international authority, such as an International Central Bank,
which should be under international management without being
dominated by the interests of one particular group of nations;" -
184
"Fundamental reforms in the international monetary system so that
international liquidity is not created in such an unplanned fashion
that it generates alternate cycles of inflation, stagflation and
depression. If national reserve currencies are replaced by an
international reserve currency, to be created and managed by the
international community in line with the genuine needs for the
growth of the international economic system and with special regard
to the pressing needs of the Third World, it can considerably help
in avoiding some of the present unplanned fluctuations in economic
activity." - 183
Some tricks never seem to get old.
Prevention of "alternate cycles of inflation, stagflation and
depression" is exactly the same hogwash used to sell the Federal Reserve
Act to the Americans in 1913. How well did that work?
Creation of a World Treasury and Global Taxation
"It also follows that some groups must today devote
their efforts to the preparation of long range proposals in order to
ensure that they will be operative on time. This applies especially
to investigations into the feasibility of the more ambitious long
range proposals, such as the creation of a World Treasury." - 125
"The gradual introduction of a system of international taxation
which should be handled by a World Treasury, both to meet the
current as well as the development needs of the poorer nations;" -
184
"The statutes of transnational enterprises should be under the
supervision of, and their profits taxed by, an inter- or
supranational authority." - 160
"international commons... ocean-tolls and air-tolls should be
considered..." - 165
"these observations would suggest that, in the long run, a World
Treasury could form an effective instrument for attaining some
of the aims of an international community. In that it would operate
from a current budget of expenditures, it would require a current
budget of income. This would be derived from two obvious sources:
revenue from international taxes and from the world
community's ownership of productive resources. Taxes and
incomes, profits, the use of scarce resources and the royalties
received from concessions could figure among the most important
types of revenue." - 131
"Ultimately, there is a need for the equivalent of a World Treasury,
the resources of which are derived from international taxation and
ownership of international productive resources (such as the
resources of the oceans)." - 133
Some Techniques of Implementation
One implementation technique requires the use of "pioneering" countries
to voluntarily submit to international taxation and their new monetary
order.
"A desirable form of international decision-making,
however, is one in which a genuinely supranational authority
takes decisions on a qualified majority principle. A qualified
majority may comprise a system of weighted votes, be based on a
simple majority, or based on a system in which not only the total
number of representatives but also the representatives of some well
defined groups must together form a majority... (b) A
decision-making body can be initiated by several pioneering
countries on a voluntary basis and then be gradually
extended. Some of the means used could first be applied at low
levels, for example, a tax on consumer durables, and be
gradually raised and extended to include more categories and
eventually more countries. (c) Membership of an international
decision-making body should be open to both public authorities and
private organizations, whether non-profit or profit-making, or a
combination of these categories." - 104
Another technique of implementation
requires the use of organizations like OPEC to collect international
taxes on behalf of the world community.
"The Financing of Development: A new framework for
international resource transfers form an essential part of the
effort to establish a new international order. It will take time to
negotiate such a framework and put its various elements in place,
but at least some of the principles on which this framework should
be based can be spelt out. (I) An element of automation must
be built into the resource transfer system. To be realistic, the
world community is still too early in its stage of evolution and
recognition of its interdependence to accept the concept of
international taxation of the rich nations for the benefit of the
poor nations. But the concept need not be accepted in its
entirety: it can be introduced gradually over time through a
variety of devices:... (b) certain sources of international
financing can be developed - such as tax on non-renewable
resources, tax on international pollutants... (c) if the rich
industrialized nations are unwilling to tax themselves, others
can collect and distribute these tax proceeds on the basis of what
the rich nations consume - e.g. even a one-dollar per barrel
'development levy' by OPEC..." - 216
One World Currency
"The Charter of Economic Rights and Duties of
States... already lays down the fundamental principles which should
govern international economic relations. The transformation, over
time, of the Charter into the proposed framework treaty would
greatly facilitate the establishment of a new international order.
If this is to be done, some more specific provisions, omitted from
the Charter, should be considered for inclusion in the framework
treaty. Such provisions could include:...
(g) All States shall accept an international currency to be created
by an international authority;" - 117
Mobilising People and Actions for War
A Time, Times, And Half A Time
(April 13, 2008) -
This article is the
second of a three part series which compares the legal and cultural
changes being made by today’s global government to those made by the
Nazis. Part I,
Ghost of Nazi Past, Ghost of Nazi Presentfocused on cultural, media,
parliamentary, and judicial manipulations while this part focuses on
science, religion, religious education, and spiritual mobilization.
The format of this post is as follows: texts in bold font are
citations from
Richard Evans’ book The Third Reich
in Power. Italicized texts that follow Evens’ citations are
quotations from global governance actors along with some of my
commentary. Writing of the hostilities between the Nazis and the
Catholic Church, Evans explains “…the German government
repeatedly told the Vatican that its fight against Marxism and
Communism demanded the unity of the German people through the ending
of confessional divisions.” (pg. 241) Today, we see the
identical argument being advanced by the Alliance of Civilizations,
the World Commission on Global Consciousness & Spirituality, et al.
In the interest of combating extremism and terrorism we are told a
global code of conduct which embraces only common spiritual and
political ideologies must be adopted. Contributors to this code of
conduct are groups such as the World Commission on Global
Consciousness & Spirituality which will “activate” the evolutionary
process of global consciousness; the Alliance of Civilizations which
is currently developing guidelines for how religions must interpret
scripture;
Religions for Peacewhich is
advancingA Common Word,
an initiative designed to undermine religious doctrines and hijack
religion; etc. Orchestrated efforts to incite violence against those
who refuse to set aside their doctrines—particularly against the
monotheistic faiths – have intensified on multiple fronts. Evans
writes “Nazism imbued the German language with the metaphors
of battle: the battle for jobs, the struggle for existence, the
fight for culture…The language itself began to be mobilized for
war.” (pg. 214) We are in this same place today. Christians
who dare voice an unpopular opinion are accused of having a violent
ethos. The existence of the new civilization is threatened if the
egocentric are permitted to continue with their “defective
disconnection”. It is, as they say, a fight for civilization.
Setting the stage for the new religious ethos is Karen Armstrong,
Alliance of Civilizations High Level Group member. **Video at link**
See
use doctrine. The full version of
the Karen Armstrong presentation can be foundhere.
Science
One criticism consistently launched against
the adherents of the Abrahamic faiths’ is that the doctrines cannot be
scientifically proven and the faithful have abandoned rational
scientific inquiry. Yet many of the same critics who claim superiority
have no problem advancing unproven occult doctrines such as notions of a
“planetary spiritual hierarchy”; the existence of the Aryans and
Atlantis; evolutionary advancement through Luciferic initiations; etc.,
etc.
“The real core of Nazi beliefs lay in the faith Hitler
proclaimed in his speech of September 1938 in science – a Nazi view of
science – as the basis for action.” Pg 259
“But humanity has hitherto lacked an adequate global grammar and a
global lens to fully activate this integral/holistic/dialogic technology
of mind; and since our living realities are co-created by out patterns
of minding, the supreme technological advance in the human condition is
this advance to the integral technology of minding.” –World
Commission on Global Consciousness & Spirituality
Religion Here
the comparisons I draw are between the Third Reich’s attempts to control
Christianity and the global government’s plans to control the three
monotheistic faiths. The below World Commission citations that refer to
the egocentric mind refer to individuals who believe their religious
texts to be true and are not prepared to abandon their convictions for a
new revelation. The egocentric mind also pertains to political
dissenters of the globalization process.
“National Socialism is not only a political doctrine, it is a
total and all-encompassing general perspective on all public matters. So
our entire life has to be based on it as a matter of natural assumption.
We hope that the day will come when nobody needs to talk about National
Socialism any more…One day, the spiritual awakening of our time will
emerge from this will to culture.” -
Joseph Goebbels Pg 211
“One striking result of the general
global law – we are as we mind…But
humanity has hitherto lacked an adequate global grammar and a global
lens to fully activate this integral/holistic/ dialogic technology of
mind; and since our living realities are co-created by our patterns of
minding,, the supreme technological advance in the human condition is
this advance to the integral technology of minding.” –World
Commission on Global Consciousness & Spirituality
“As an SS plan put it in 1937: ‘We
live in the age of the final confrontation with Christianity. It is part
of the mission of the SS to give to the German people over the next
fifty years the non-Christian ideological foundations for a way of life
appropriate to their own character.’…Christianity, Himmler was to
declare on 9 June 1942, was ‘the greatest of plagues’; true morality
consisted not in exalting the spirit of the individual but in abnegating
oneself in the service of the race. Moral values could be derived only
from consciousness of one’s place in, and duty to, the chain of
‘valuable’ heredity.” Pg 252
“Perhaps the single most powerful event facing humanity today is a
great awakening on a planetary scale that has been millennia in the
making. We humans are in the midst of a profound advance as a species to
a higher form of global consciousness that has been emerging across
cultures, religions and worldviews through the centuries. This
awakening…is nothing less than a shift…from more egocentric patterns of
life to a higher form of integral and dialogic patterns of life.” –World
Commission on Global Consciousness & Spirituality
“…it should now be apparent that global
spirituality is precisely this crossing from egocentric life into the
deep–dialogic life of global consciousness: this is the highest telos
and consensus of our great planetary spiritual endowment…True
Spirituality is the highest expression of our rational essence and is
not to be confused with egocentric religious life. Spirituality is the
awakening of our highest being, bringing us into direct relation with
Reality as the Logosphere; it is the process of self–transformation from
ego life to the awakened life of mature Integral Natural Reason and
flowing in harmony with the Lawlike Moral Energy of the Logosphere. And
Global Spirituality is this awakening of the Global Mind, the highest
mature form of spirituality in its global power. Global Spirituality
then is Awakened Critical Reason and is thus free of all ego ideology
and ego dogma. Now, hopefully, the direct link between global
consciousness and global spirituality should be more manifest.” –World
Commission on Global Consciousness & Spirituality
“By 1937 the Protestant Church was
either deeply divided between the German Christians and the Confession
Church…biblical fundamentalism and Nazified Christianity were equally
repellent.” Pg 228
“The egocentric… mind is a stage in our human development
(evolution) which tends to separate and objectify the thinking subject
from the objects of though, and to remain centered in and privileging
its particular worldview (religion, ideology, cultural lens) as the
exclusive measure of reality (meaning, truth, fact, value, experience,
existence). The egocentric mind is broken off from the Integral Field of
Reality and packages, constructs, separates, divides, polarizes,
fragments all its touches….ego minding is the primary cause of the
spectrum of human pathologies. And the consensus prescription is that to
change this mentality is the single most important factor in
transforming the human condition.” -World
Commission on Global Consciousness & Spirituality
“Anti-Christian writings of the
Nazi ideologue Alfred Rosenberg, who publicly rejected such central
doctrines as the immortality of the soul and Christ’s redemption of
humankind from original sin. In his book The Myth of the Twentieth
Century, Rosenberg excoriated Catholicism as the creation of the Jewish
clericalism” pg 238
“Robert Ley, leader of the Labour Front, went even further than
Rosenberg in his disdain for Christianity and his rejection of the
Divinity of Christ…” pg 251
“Jesus, whom the Muslims regard as a prophet, as in fact do many of
the New Testament writers. Luke’s gospel calls Jesus a prophet from
start to finish; the idea that Jesus was divine was a later development,
often misunderstood by Christians.”Karen
Armstrong, Alliance of Civilizations
Karen Armstrong, a apostate and former
Catholic nun, is certainly aware that this is consideredheresy by the
Catholic churchand that her words were
intended to attack an entire religion. At least the Alliance of
Civilizations is no longer attempting to pretend to be something they
are not.
Religious
Education “Remoulding the educational system
would create a new generation of young Germans who had known no
alternative source of values to Nazism. Yet there was of course one area
in which such values did persist…That was religion. For reasons of
political expediency and caution, the Third Reich had stopped short in
1933 of attacking the Churches and their dependent secular institutions.
As it became more self-confident, however, it began to turn its
attention to Christianity too, and to seek a means of either converting
it to a form more suitable to the new Germany, or, if that did not work,
of doing away with it altogether.” Pg 218
“Nazis now launched a sustained campaign to close denominational schools
and replace them with non-religious ‘community schools’…Parents were
forced to sign prepared statements declaring that they ‘did not want the
education of my child at school to be misused by stirring up religious
unrest’ Pg 246
“By the summer of 1939, all denominational schools in Germany had been
turned into community schools, and all private schools run by the
Churches had been closed down or nationalized…By 1939 religious
instruction in vocational schools had been reduced to half an hour a
week, and in many areas it had to follow guidelines…Parents who objected
to these moves…were obliged by the local authorities to withdraw their
objection, summoned to special meetings at the school to pressure them
to sign their children up for ideological instruction instead of
religious education…” pgs 246-247
“The German Christian’s attempt to create a synthesis between
German Protestantism and Nazi racism had effectively collapsed…Hitler
reluctantly abandoned his ambition of convereting it into the official
state Church of the Third Reich. Instead, he ordered the creation of a
new Ministry for Church Affairs, established in July 1935 under the
48-year-old Hanns Kerrl…The new Ministry was given wide-ranging powers,
which Kerrl did not hesitate to deploy in order to bring refractory
pastors to heel…Pastors were banned from preaching, or had their pay
stopped. They were forbidden to teach in schools. All theological
students were ordered to join Nazi organizations.” Pg 230
Such measures are most likely to succeed if supported by religious
education that is based upon a sound interpretation of religious
teachings. –Alliance of
Civilizations High Level Group
“Education as we understand it here
makes it possible to view with equanimity the completion of the process
of secularisation, first of structures, then of society itself, as just
one of several possible reflections of a modern way of life. School
should give children a clearer understanding of the psychosocial,
cultural and sometimes political functions of religion. This sort of
approach would undoubtedly help to sharpen and challenge their critical
faculties and combat the wilder excesses of particularism. This has
fundamental consequences for the educational system, particularly as
regards the teaching of religious education. Who should teach religion?
Who can make a valid comparison between the different doctrinal elements
of religions? We must beware of confusion here. A clear distinction
needs to be drawn between religious education in the sense understood by
adherents of a faith, which consists of transmitting the values,
teachings and liturgy of their religion with a view to the proper
practice of that religion (e.g. the Catholic catechism), and the
teaching of comparative religion which aims only to instil knowledge
about religion and the history of religion. Only the latter forms one of
the bases of learning for the intercultural dialogue through education.
Religious education of the first kind is perfectly legitimate, but is
not relevant to the objective under discussion. Comparative religion
should therefore be taught by professional teachers capable of providing
a comparative analysis of religions, regardless of their own religious
choice, with the objectivity of an expert, not the passion of a devotee.
This is an essential choice that will determine the success of the
dialogue through education. The difficulty of the exercise lies in
integrating religion, which is such a sensitive issue in the
Euro-Mediterranean area, into the field of education, taking into
account its irreducibility and its mission to provide absolute truth,
but without altering the educational philosophy of mutual knowledge
based on curiosity, self-respect and openness to the Other.” - Dialogue Between Peoples
and Cultures in the Euro-Mediterranean Area more... | NewWorldOrder|Apostasy |
It's a little easier to
see the repetition of the New Age ideology and how the use of
governments to harmonize belief will lead to a persecution of those
that refuse to conform to it. I see this and the
HIStory, Our Future Bible study conclusions, among other
things, as a strong indicator of how near the end we truly are. Keep
watching!
EU: Europe Needs More Say in World Economy Talks As Strong Euro
Gains Ground
Associated Press
(April 11, 2008) - The European Union's
top economy official has said that Europe deserved a greater say in
the global economy as the strong euro gains ground as the world's
second major currency. EU Economic and Monetary Affairs Commissioner
Joaquin Almunia said Friday that the rest of the world now sees
the euro currency zone as "a pole of stability" and the currency had
the potential to become even more important. The euro is now
second to the weak U.S. dollar as a reserve currency held by foreign
investors and has risen sharply against the dollar in recent months,
hitting a new all-time high of $1.5912 on Thursday. Almunia said
the euro area is now "playing an increasingly important role in
supporting the stability of the world economy and the global
financial system." "Non-EU countries increasingly perceive the
euro area and the EU as a whole as a pole of stability, a source of
new capital, and also a source of advice and expertise on regulatory
approaches," he said in a speech to the Petersen Institute in
Washington D.C. His prepared remarks were distributed ahead of time
by his Brussels office. The EU official called for the 15 euro
nations to share a single seat when world leaders meet to discuss
the economy at the International Monetary Fund or the G-7 group of
top seven industrialized nations. In the G-7, this would come at the
expense of euro users Germany, France and Italy which now represent
themselves at these talks. The euro's greater role carried some
risks, he warned, because it increased the region's exposure to
shocks from other parts of the world and "disruptive portfolio
shifts" between major currencies. "It is precisely such shocks that
are likely to occur more frequently in a world characterized by
financial and economic globalization," he said. He again signaled
worry about the U.S.' huge current account deficit, saying a sudden
"unwinding" could hit Europe hard, since its currency is still
appreciating against the dollar. The euro now makes up 26 percent of
foreign exchange reserves and is the second most actively traded
currency after the U.S. dollar on global foreign exchange markets.
Euro-dollar trades are the most popular foreign exchange deals,
accounting for more than a quarter of global turnover.
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EU/UN/4th Kingdom
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NewWorldOrder|
America|
Economic Crisis
|
What Does a World Governed by Humanistic Socialism Look Like?Reshaping the International Order Part
1
Knowledge Driven Revolution
(April 7, 2008) - "The establishment of
a New International Economic Order entails fundamental changes in
political, social, cultural and other aspects of society, changes which
would bring about a New International Order." - RIO: Reshaping the
International Order, 1976 (p5) The Club of Rome is a premiere think
tank composed of approximately 100 members including leading scientists,
philosophers, political advisors, former politicians and many other
influential bureaucrats and technocrats. This series of articles
describes the major conclusions of the 1976 book Rio: Reshaping the
International Order: A Report to the Club of Rome [1] coordinated by
Nobel Laureate Jan Tinbergen. The RIO report "addresses the following
question: what new international order should be recommended to the
world's statesmen and social groups so as to meet, to the extent
practically and realistically possible, the urgent needs of today's
population and the probable needs of future generations?" From RIO:
Reshaping the International Order: [Italicised text is
original emphasis and bolded text is added emphasis by author.]
"Many in the RIO group believe that this equitable
social order could best be described as humanistic socialism..."
- 63
So what exactly does a new social order based on "humanistic
socialism" look like? Below is the RIO group's own description of what
the future should look like.
Collective Workers and Full Employment
"Society must also deliberately aim at creating
employment for all those seeking it and at ensuring that the
distribution over different types of jobs achieves a balance between
the satisfaction derived from the job and the satisfaction of the
needs of society. The latter necessitates that certain unpleasant
(heavy, dirty, dangerous) activities be performed. If these
activities can be learnt relatively easily, they could be
performed by all citizens. Their efforts could be organized in
the form of 'land' or 'neighbourhood armies' for work in rural
areas, in the field of environmental care..." - 69
"A full employment policy should be adopted by all
governments as part of their development plan." - 145
"As a counterpart to these rights, a number of
duties must be accepted, especially the duty to use one's
capacities in the interest of an adequate level of production..."
- 63
"Public power should be used to ensure that
education is geared to meet the needs of individuals and the needs
of society, that is, all individuals. The supply of qualified
types of labour should be so planned as to equal, to the greatest
extent possible, the demand for them by society (i.e. by the
'organizers of production')." - 69
A Planned World Economy
"Effective application of public power implies the
need for middle and long-range planning at different
levels... The UN Economic and Social Council might be best suited
for undertaking such a task, perhaps assisted by the UN Development
Planning Committee." - 70
"At the highest level, the level of world affairs,
international institutions must form the prime movers of
planned change." - 100
"... the optimum utilization of human and physical
resources in the world as a whole." - 140
"One of the basic questions which today faces the
international community is whether it should accelerate the process
of this evolution and consciously put in place the various elements
of a system for global planning and the management of resources...
The achievement of this global planning and
management system calls for the conscious transfer of power -
a gradual transfer to be sure - from the nation State to the world
organization. Only when this transfer takes place can the
organization become effective and purposeful." - 184
Private Sector and Global Free Trade
"New forms of cooperation between private
initiative and public authorities will have to be characterized by a
certain balance of power..." - 280
"In the trade field, an International Trade and
Development Organization, formed by expanding the responsibilities
of UNCTAD [United Nations Conference on Trade and Development],
should be set up with a very broad mandate for overall coordination
of policy issues relating to international trade in primary
commodities and manufactured goods. Likewise, UNIDO's [United
Nations Industrial Development Organization] responsibilities should
be increased to enable it to participate in the planning of a more
equitable world industrial order;..." - 184
"This [Third World development] implies that,
if a new international order is to be created, the rich nations must
be prepared to give up part of their future productive capacity.
[Explain outsourcing?] To be
able to do this smoothly they will need to resort to adjustment
policies and such policies must form part of their development
strategies... The creation of an optimal international division
of labour, and as such the selective development of economic
activities in Third World countries, calls for the substantial
extension of such adjustment policies...
It is no longer desirable that the industrialized
countries adopt policies of protecting their labour-intensive
industries in the manufacturing sector. Rather, they should seek, as
must the Third World, to develop those industries in which they have
a comparative advantage...
The process described, albeit with distortions, is
already taking place: some sectors of Western manufacturing industry
are moving to Third World countries. The movement of Western
European garment industries to North Africa is a case in point. As
such, private initiative will no doubt prove responsible for a large
part of the adjustment required. That adjustments are at present
insufficient is witnessed by the millions of workers who migrate
from the Third World to seek employment in the Western
industrialized nations. To the extent that the adjustments brought
about by private initiative on the strength of international market
forces will be inadequate, and in view of the fact that private
enterprises may not be sufficiently creative nor responsive to the
needs of countries, adjustment must be stimulated and guided by
selective taxes and subsidies. Subsidies should be offered to those
industries with a clear potential for contributing to a country's or
a regions' development efforts. Such subsidies could aim at
supporting changes, where necessary, in the production mix of
enterprises...
To ensure the effectiveness of adjustment
policies, there is a clear need for coordination of policies both
between the industrialized countries and between public authorities
and the private sector..." - 112
"The industrialized countries, on their part, will
have to introduce policies of adjustment, develop
specialization in knowledge-intensive products and gradually
introduce and enforce environmental protection standards." - 143
"In the long term, transnational enterprises will
still form part of the world structure, in either their present form
of private enterprises or in a renovated form comprising genuine
international ventures." - 160
Public International Enterprises
"The possibility of genuine internationalization
of some transnational enterprises or transnational operations should
be further investigated. They could be owned, controlled and
managed by an international development authority. The
pharmaceutical industry could be used as an initial test case for
analysis because of its international social implications." - 281
"Active sharing of benefits [of the ocean], with
particular regard to the needs of the less developed countries,
through a variety of devices including international public
enterprises, especially for fishing and offshore oil production;
international tax on ocean uses, etc." - 175
Consumption Patterns
"The rich nations... must develop new consumption
styles which are less wasteful, less resource - intensive and geared
to the consumption of social services rather than of
superfluous consumer durables." - 183
"Growth in equality would make it less difficult
for people to accept the principle of self-restraint in the
satisfaction of material needs, the ideological cornerstone of
the future 'steady state'. It would equally create the necessary
social conditions for self-control of family size and the consequent
reduction in population pressure; birth-control campaigns are likely
to remain largely ineffective (unless enforced by coercion, which is
clearly unacceptable) up to the time that peasants are freed
from material insecurity, that infant mortality rates go down, and
that the use of unpaid child labour is no longer necessary to make
ends meet." - 162
"Ultimately, they must aim to construct their
policies on a series of 'maxima' which define an appropriate style
of civilized living in a world of deprivation and declare that all
consumption beyond that fixed maxima is not only waste but a
conscious action against the welfare of large numbers of poor and
disprivileged, their own children, and the prospects for a peaceful
world." - 76
Financial and Monetary Change
"(a) The gradual introduction of a system of
international taxation which should be handled by a World Treasury,
both to meet the current as well as the development needs of the
poorer nations;
(b) The creation of an international reserve
currency by an international authority, such as an International
Central Bank, which should be under international management
without being dominated by the interests of one particular group of
nations;" -184
"The statutes of transnational enterprises should
be under the supervision of, and their profits taxed by, an inter-
or supranational authority." - 160
International Control of All
Mineral Resources - The Common Heritage of Mankind Concept
"In the long term, and assuming progress towards the
creation of an equitable international economic and social order
leading to a pooling of material and non-material resources,
mineral resources will need to be viewed as a common heritage of
mankind. This concept implies both a real world market for all
mineral resources and a system of world taxation to replace national
mining taxation. The revenues collected should be redistributed
among Third World countries - possibly through such an agency as IDA
[International Development Association - World Bank group]...
This tax could, for instance, be introduced as one of a moderate
rate and gradually be raised to something in the order of 70 per
cent of profits on fossil fuels and 50 per cent of the value of
production of ores (including uranium).
Such a tax would, like the present taxes on oil products, in fact be
paid by the consumers...
Such a tax, at the rates proposed, would probably induce consumers
to restrict their consumption of mineral raw materials..." - 148
"It is now recognized that a more elaborate system of careful
husbandry and management of raw materials and scarce resources is
inevitable." - 244
The redefinition of sovereignty from
"territorial sovereignty" to "functional sovereignty" as well as the
establishment and expansion of the concept of the "common heritage of
mankind" is discussed in more detail in part 3 of this series entitled:
"Functional" Sovereignty and the Common Heritage of Mankind.
Reshaping Public Opinion
"Public opinion is no phenomenon sui generic.
It is in part the result of government policies and by definition
politicians cannot hide behind their own creation. If some
sectors of public opinion in the industrialized countries are
immersed in the rhetoric and slogans associated with
misunderstanding, then much of this may be inherited from their
political leaders. And if these leaders are in part responsible
for a situation which impedes acceptance of the need for change,
then they themselves must be held responsible for changing this
situation." - 110
"A number of measures have been proposed which should
bring greater planning and coordination in the field of domestic
food production and international supplies of food, including the
establishment of world grain reserves... In the last analysis, it
may require the setting up of a World Food Authority to
supervise this vital area of human activity and survival" - 184
The final article in this series will examine a wide range of topics
including: regional unions, world solidarity, foundations of the
international legal system, freedom and the establishment of an standing
United Nations military.
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NewWorldOrder|
Shell chief favours cross-border cooperation over competition to cut CO2
CNN Money
(April 7, 2008) - Royal Dutch Shell
Plc.'s (NYSE:RDS A) chief executive Jeroen van der Veer said the group
favours a scenario to reduce carbon dioxide (CO2) emissions which
promotes cross-border cooperation rather than countries rushing to
secure energy resources for themselves. Speaking at an event here, the
chief executive said coalitions should take on the challenges of
economic development, energy security and environmental pollution
through cross-border cooperation. Under the group's favoured
'Blueprints' scenario, innovation should occur at the local level, as
major cities develop links with industry to reduce local emissions, he
said. Added to that, national governments should introduce efficiency
standards, taxes and other policy instruments to improve the
environmental performance of buildings, vehicles and transport fuels.
'The Blueprints scenario will be realised only if policymakers agree on
a global approach to emissions trading and actively promote energy
efficiency and new technology in four sectors: heat and power
generation; industry; transport and buildings,' he said. 'This will
require hard work and time is short'. Under the scenario, the group
assumes carbon dioxide (CO2) is captured at 90 per cent of all coal and
gas fired power plants in developed countries by 2050, plus at least 50
per cent in non-OECD countries. The chief executive said government
support is needed for carbon capture and storage (CCS) because the
system adds costs and yields no revenues. 'At least, companies should
earn carbon credits for the CO2 they capture and store,' he said. In
response, European Union foreign policy chief Javier Solana said he
supports the 'Blueprint' scenario in general terms. He said the
scenario is 'dramatic' in that it requires the cooperation of every
country in the world. 'The EU needs to act together rapidly in
the Blueprint type of model. A single policy is absolutely fundamental,'
Solana said. more...
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EU foreign policy expected to enter 'new era'
EU Observer (April 6,
2008) - The European Parliament is seeking to bolster its role in the
bloc's common foreign and security policy (CFSP), with senior MEPs saying it
is time for Europe to become a "player and not just a payer" on the world
stage. Polish centre-right MEP and head of the foreign affairs committee,
Jacek Saryusz-Wolski, says that EU foreign is moving "from one era to
another" with the new Lisbon Treaty, due to kick in next year. The
proposed new EU foreign minister and diplomatic service as well as the
possibility for a group of member states to move ahead in defence
cooperation mean foreign policy is "one of the most innovative parts of the
treaty." The fact that Javier Solana, the EU's foreign policy chief, will
for the first time be present at the MEPs' annual debate on CFSP on
Wednesday (4 June) is in itself a "turning point," said the Pole at a
briefing on Tuesday. Euro-deputies will today debate a report that sets
out principles for the EU's foreign policy - such as respect for human
rights - calls for certain issues to be prioritised and says that the CFSP
budget from now until 2013 is "insufficient." "Either we have to beef up
foreign policy financially, or we have to rethink whether we really want to
be a global player," said Mr Saryusz-Wolski, who next week will travel
to Paris to discuss the issue with the incoming French EU presidency. "We
ask why is nothing ready, prepared for the events that will happen if the
treaty [comes into force], and we haven't had an answer," he said. "We are
asking this question also: do you have any hidden reserves? What's your
view? How to finance the new set up? No answer."
Democratic oversight
The report also calls for parliament to be given
greater democratic oversight over the area, which to date has remained
firmly the domain of member states. It suggests that the foreign
minister "regularly" appear before MEPs and that the parliament be
"fully consulted" on who the foreign minister should be, as well as what
the diplomatic service should look like. Deputies are also urging the
future EU foreign minister to inform the parliament before any "common
actions" are taken. "If we start sending soldiers into danger, it is up
to the parliament to give its blessing," says Mr Saryusz-Wolski. The
report also takes a more long-term view of the future of common foreign
and security policy, with the head of the foreign affairs committee
urging the bloc to stop acting like a "fire brigade" rushing to put out
emergencies here and there and to think more of the "long-term strategic
interests of the Union…20–30 years ahead."
EU army
Mr Saryusz-Wolski, who believes the union will
gradually develop its own army, says it is no longer enough that the
bloc exercises its traditional role as a soft power. "Too often we spend
money without any conditions being attached. I am against Europe being a
payer and not a player," he said. But he admits there is a "fear" in
the parliament that the foreign minister and the new permanent president
of the European Council may add to the trill of voices of on the EU
stage all claiming to speak for Europe and may not turn Europe into a
player. The potential for overlap between the two posts – starting
in January - and for rivalry with the European Commission president is
high. Debates on the posts are expected to start in earnest in autumn
and be wrapped up by December. In time-honoured EU fashion, balancing
who wins the posts will have to involve the consideration of a series of
factors, including nationality, whether a candidate comes from an old or
new member state or a small or big member state, and the person's
political hue.
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Solana| NewWorldOrder|
Brown to host world leaders at 'progressive' summit
AFP
(April 4, 2008) - Prime Minister Gordon
Brown is to host a summit of some 20 world leaders and key figures to
discuss "progressive" governance, after a conference on the issue in
London Friday, officials said. South African President Thabo Mbeki,
Australian Prime Minister Kevin Rudd and former US president Bill
Clinton are among participants at the summit of broadly centre-left
leaders outside London on Saturday, said Downing Street. EU foreign
policy chief Javier Solana, World Trade Organization chief Pascal Lamy
and national leaders from Australia, Chile, Cyprus, Ghana, Italy,
Liberia, Lithuania, New Zealand, Norway and Slovakia are also scheduled,
according to a participants' list released by Downing Street. In a
speech pre-released on video ahead of the conference Friday, and the
"progressive governance summit" on Saturday, Brown called for the
development of a form of "globalisation that is fair and sustainable for
all." The conference brings together some 300 leaders, officials and
experts in a location outside London which has so far not been
disclosed. When the summit was last held in Britain it was in Bagshot,
south of the capital. The conference is organised by the Policy Network,
which describes itself as "an international thinktank dedicated to
promoting progressive policies and the renewal of social democracy." The
idea for the summit was launched by Clinton in 1999, when he was still
in office. The first one was held in Berlin in 2000, before Stockholm in
2002, London in 2003, Budapest in 2004 and Johannesburg in 2005. Brown
will host it after returning from Bucharest, where he has been attending
the NATO summit. The 2008 meeting will focus on globalisation, climate
change and poverty. "Achieving an inclusive globalisation, one that can
combine economic dynamism with social justice in a sustainable way for
all, is the key political challenge facing this generation of leaders
and politicians," Brown said in a video posted on the website of the
Guardian daily.
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Solana| NewWorldOrder|America|
Will Uncle Sam let the dollar collapse?
Telegraph.uk
(April 1, 2008) - The dollar is taking
a pounding. With the US sinking deeper into recession, the greenback
recently hit an all-time low against the euro and a 12-year low
against the yen. Last week, America's currency fell again - dropping
more than 2 per cent in euro terms, to $1.5779. On a trade-weighted
basis, the dollar is now south of its late-70s low point and close
to its historic nadir of the mid-1990s. The markets sense the US
Federal Reserve, having already slashed interest rates by 300 basis
points to 2.25 per cent since the credit crunch erupted last summer,
will soon cut rates even more. The European Central Bank, in stark
contrast, looks determined to keep rates at 4 per cent - where
they've been since sub-prime broke. Eurozone inflation, at 3.3 per
cent, is still way above target. And with ECB Chairman Jean-Claude
Trichet stressing upside price pressures last week, eurozone rate
cuts seem unlikely. In other words, the gap between euro and dollar
rates looks set to get wider - making the US currency even less
attractive. And, last week, just as fresh data showed America's
housing and manufacturing sector weakening further, business
confidence in Germany - the eurozone's largest economy - jumped up.
That suggested an even bigger euro-dollar interest differential,
piling still more pressure on the greenback. But a falling dollar is
not necessarily bad news for the American economy. The underlying
reason for the currency's weakness, beyond the current woes on Wall
Street, is that years of over-consumption have resulted in a massive
US trade deficit - which, in 2006, reached 6 per cent of GDP. The
dollar's decline has lately helped address that - by making US goods
more competitive. Over the last two years, American exports have
risen 17 per cent in value terms, cutting the trade shortfall to 4.7
per cent of national income. In other words, as has often happened
in recent decades, a falling dollar has shoved the burden of
America's adjustment onto the rest of the world. And now - as the
White House knows well - a further dollar slide will play a large
part in rescuing the domestic economy. The US takes a dim view of
other countries - such as China - allowing their currencies to
remain weak against the dollar. But when it comes to old-fashioned
beggar-thy-neighbour exchange rate policy, the Americans are past
masters. There are limits to this process. The euro has risen some
17 per cent against the dollar over the last year, with much of that
rise happening since January. This makes life tough for the
eurozone's exporting economies - which, apart from Germany, are now
suffering badly. That's why Trichet now expresses "concern" at the
drooping dollar. French president Nicolas Sarkozy has gone further -
describing America's ailing currency as "a precursor to economic
war". Elsewhere, too, the complaints are getting louder. Japan's
Finance Minister, Fukushiro Nukaga, says the dollar's decline is now
"excessive". Such statements are preparing the ground for a meeting
in two weeks' time - when finance ministers and central bankers from
the G7 gather in Washington. The headlines will be about post
sub-prime regulation. But the meat of the summit concerns the
dollar. The big question is whether to intervene in foreign exchange
markets to prop up the currency. When co-ordinated among several
large central banks, such initiatives have worked quite well. The
1987 Louvre Accord helped halt a sliding dollar, as did joint
intervention by the US and Japan in 1995. But, if the G7's upcoming
dollar dialogue is conducted in whispered tones, another much bigger
question won't be discussed at all - the dollar's status as the
world's reserve currency. The cracks are now starting to show in the
dollar's reserve currency status. For the first time, Saudi Arabia
now refuses to cut interest rates in line with the Fed - the first
step towards a break in the kingdom's dollar peg. If that break
happened, it would spark a massive flight of Middle Eastern assets
away from the US currency. Chinese exporters are also now shunning
the dollar in non-US transactions. Again, that's a worrying sign for
the States. With its $1,400bn of reserves, China is the biggest
investor in dollar-denominated assets by far. With the Fed expected
to cut rates by at least another 25 basis points at its next meeting
on April 30, the dollar can only get weaker in the coming month. So
the US may be forced into a G7 initiative to strengthen its
currency. The trouble is, since the last joint-intervention, the
balance of world power has changed. Today, around 75 per cent of the
world's foreign exchange reserves are held not by the West, but by
the likes of China, Russia and Brazil. So any initiative will have
to involve them - even though they're not in the G7. And that will
expose the grouping for what it is - an anachronistic hark-back to a
world that no longer exists. more...
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Economic Crisis
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I think the apparent stability
in Europe may signal that being the center of a global cashless
system in the event of global disaster or other emergencies.
According to Bible prophecy,
disaster is coming as is the center of power from the
revived Roman Empire evidenced in the global governance being
developed from there and affecting the Western world.
Free trade and fear of terrorism is harmonizing international law
and Europe is being viewed more and more as the template for success
in that matter given the surface perspective of success since WWII
ended. With the
North American Union (video), we are seeing the same pattern
eating slowly away at our control over our own laws and eventually
currency just as with Europe after WWII. You'll never hear them
admit it in that light though.
"Doomsday Seed Vault" in the Arctic
Global Research
(April 1, 2008) - One thing Microsoft founder Bill Gates can’t be
accused of is sloth. He was already programming at 14, founded Microsoft
at age 20 while still a student at Harvard. By 1995 he had been listed
by Forbes as the world’s richest man from being the largest shareholder
in his Microsoft, a company which his relentless drive built into a de
facto monopoly in software systems for personal computers. In 2006 when
most people in such a situation might think of retiring to a quiet
Pacific island, Bill Gates decided to devote his energies to his Bill
and Melinda Gates Foundation, the world’s largest ‘transparent’ private
foundation as it says, with a whopping $34.6 billion endowment and a
legal necessity to spend $1.5 billion a year on charitable projects
around the world to maintain its tax free charitable status. A gift from
friend and business associate, mega-investor Warren Buffett in 2006, of
some $30 billion worth of shares in Buffet’s Berkshire Hathaway put the
Gates’ foundation into the league where it spends almost the amount of
the entire annual budget of the United Nations’ World Health
Organization. So when Bill Gates decides through the Gates Foundation to
invest some $30 million of their hard earned money in a project, it is
worth looking at. No project is more interesting at the moment than a
curious project in one of the world’s most remote spots, Svalbard. Bill
Gates is investing millions in a seed bank on the Barents Sea near the
Arctic Ocean, some 1,100 kilometers from the North Pole. Svalbard is a
barren piece of rock claimed by Norway and ceded in 1925 by
international treaty (see
map). On this God-forsaken island Bill Gates is investing tens of
his millions along with the Rockefeller Foundation, Monsanto
Corporation, Syngenta Foundation and the Government of Norway, among
others, in what is called the ‘doomsday seed bank.’ Officially the
project is named the Svalbard Global Seed Vault on the Norwegian island
of Spitsbergen, part of the Svalbard island group. The seed bank is
being built inside a mountain on Spitsbergen Island near the small
village of Longyearbyen. It’s almost ready for ‘business’ according to
their releases. The bank will have dual blast-proof doors with motion
sensors, two airlocks, and walls of steel-reinforced concrete one meter
thick. It will contain up to three million different varieties of seeds
from the entire world, ‘so that crop diversity can be conserved for the
future,’ according to the Norwegian government. Seeds will be specially
wrapped to exclude moisture. There will be no full-time staff, but the
vault's relative inaccessibility will facilitate monitoring any possible
human activity. Did we miss something here? Their press release stated,
‘so that crop diversity can be conserved for the future.’ What future do
the seed bank’s sponsors foresee, that would threaten the global
availability of current seeds, almost all of which are already well
protected in designated seed banks around the world? Anytime Bill Gates,
the Rockefeller Foundation, Monsanto and Syngenta get together on a
common project, it’s worth digging a bit deeper behind the rocks on
Spitsbergen. When we do we find some fascinating things. The first
notable point is who is sponsoring the doomsday seed vault. Here joining
the Norwegians are, as noted, the Bill & Melinda Gates Foundation; the
US agribusiness giant DuPont/Pioneer Hi-Bred, one of the world’s
largest owners of patented genetically-modified (GMO) plant seeds and
related agrichemicals; Syngenta, the Swiss-based major GMO seed
and agrichemicals company through its Syngenta Foundation; the
Rockefeller Foundation, the private group who created the “gene
revolution with over $100 million of seed money since the 1970’s;
CGIAR, the global network created by the Rockefeller Foundation to
promote its ideal of genetic purity through agriculture change.
CGIAR and ‘The Project’ As I detailled in the book, Seeds of
Destruction, in 1960 the Rockefeller Foundation, John D. Rockefeller
III’s Agriculture Development Council and the Ford Foundation joined
forces to create the International Rice Research Institute (IRRI) in Los
Baños, the Philippines.1 By 1971, the Rockefeller Foundation’s IRRI,
along with their Mexico-based International Maize and Wheat Improvement
Center and two other Rockefeller and Ford Foundation-created
international research centers, the IITA for tropical agriculture,
Nigeria, and IRRI for rice, Philippines, combined to form a global
Consultative Group on International Agriculture Research (CGIAR). CGIAR
was shaped at a series of private conferences held at the Rockefeller
Foundation’s conference center in Bellagio, Italy. Key participants at
the Bellagio talks were the Rockefeller Foundation’s George Harrar, Ford
Foundation’s Forrest Hill, Robert McNamara of the World Bank and Maurice
Strong, the Rockefeller family’s international environmental organizer,
who, as a Rockefeller Foundation Trustee, organized the UN Earth Summit
in Stockholm in 1972. It was part of the foundation’s decades long
focus to turn science to the service of eugenics, a hideous version of
racial purity, what has been called The Project. To ensure maximum
impact, CGIAR drew in the United Nations’ Food and Agriculture
Organization, the UN Development Program and the World Bank. Thus,
through a carefully-planned leverage of its initial funds, the
Rockefeller Foundation by the beginning of the 1970’s was in a position
to shape global agriculture policy. And shape it did. Financed by
generous Rockefeller and Ford Foundation study grants, CGIAR saw to it
that leading Third World agriculture scientists and agronomists were
brought to the US to ‘master’ the concepts of modern agribusiness
production, in order to carry it back to their homeland. In the process
they created an invaluable network of influence for US agribusiness
promotion in those countries, most especially promotion of the GMO ‘Gene
Revolution’ in developing countries, all in the name of science and
efficient, free market agriculture. Genetically engineering a master
race? Now the Svalbard Seed Bank begins to become interesting. But
it gets better. ‘The Project’ I referred to is the project of the
Rockefeller Foundation and powerful financial interests since the 1920’s
to use eugenics, later renamed genetics, to justify creation of a
genetically-engineered Master Race. Hitler and the Nazis called it the
Ayran Master Race. The eugenics of Hitler were financed to a major
extent by the same Rockefeller Foundation which today is building a
doomsday seed vault to preserve samples of every seed on our planet. Now
this is getting really intriguing. The same Rockefeller Foundation
created the pseudo-science discipline of molecular biology in their
relentless pursuit of reducing human life down to the ‘defining gene
sequence’ which, they hoped, could then be modified in order to change
human traits at will. Hitler’s eugenics scientists, many of whom were
quietly brought to the United States after the War to continue their
biological eugenics research, laid much of the groundwork of genetic
engineering of various life forms, much of it supported openly until
well into the Third Reich by Rockefeller Foundation generous grants.2
The same Rockefeller Foundation created the so-called Green Revolution,
out of a trip to Mexico in 1946 by Nelson Rockefeller and former New
Deal Secretary of Agriculture and founder of the Pioneer Hi-Bred Seed
Company, Henry Wallace. The Green Revolution purported to solve the
world hunger problem to a major degree in Mexico, India and other select
countries where Rockefeller worked. Rockefeller Foundation agronomist,
Norman Borlaug, won a Nobel Peace Prize for his work, hardly something
to boast about with the likes of
Henry
Kissinger sharing the same. In reality, as it years later emerged,
the Green Revolution was a brilliant Rockefeller family scheme to
develop a globalized agribusiness which they then could monopolize just
as they had done in the world oil industry beginning a half century
before. As Henry Kissinger declared in the 1970’s, ‘If you control the
oil you control the country; if you control food, you control the
population.’ Agribusiness and the Rockefeller Green Revolution went
hand-in-hand. They were part of a grand strategy which included
Rockefeller Foundation financing of research for the development of
genetic engineering of plants and animals a few years later. John H.
Davis had been Assistant Agriculture Secretary under President Dwight
Eisenhower in the early 1950’s. He left Washington in 1955 and went to
the Harvard Graduate School of Business, an unusual place for an
agriculture expert in those days. He had a clear strategy. In 1956,
Davis wrote an article in the Harvard Business Review in which he
declared that “the only way to solve the so-called farm problem once and
for all, and avoid cumbersome government programs, is to progress from
agriculture to agribusiness.” He knew precisely what he had in mind,
though few others had a clue back then--- a revolution in agriculture
production that would concentrate control of the food chain in corporate
multinational hands, away from the traditional family farmer.3A crucial aspect driving the interest of the Rockefeller Foundation
and US agribusiness companies was the fact that the Green Revolution was
based on proliferation of new hybrid seeds in developing markets.
One vital aspect of hybrid seeds was their lack of reproductive
capacity. Hybrids had a built in protection against multiplication.
Unlike normal open pollinated species whose seed gave yields similar
to its parents, the yield of the seed borne by hybrid plants was
significantly lower than that of the first generation. That
declining yield characteristic of hybrids meant farmers must normally
buy seed every year in order to obtain high yields. Moreover, the lower
yield of the second generation eliminated the trade in seed that was
often done by seed producers without the breeder’s authorization. It
prevented the redistribution of the commercial crop seed by middlemen.
If the large multinational seed companies were able to control the
parental seed lines in house, no competitor or farmer would be able to
produce the hybrid. The global concentration of hybrid seed patents into
a handful of giant seed companies, led by DuPont’s Pioneer Hi-Bred and
Monsanto’s Dekalb laid the ground for the later GMO seed revolution.4
In effect, the introduction of modern American agricultural technology,
chemical fertilizers and commercial hybrid seeds all made local farmers
in developing countries, particularly the larger more established ones,
dependent on foreign, mostly US agribusiness and petro-chemical company
inputs. It was a first step in what was to be a decades-long, carefully
planned process... Plant breeders and researchers are the major users of
gene banks. Today’s largest plant breeders are Monsanto, DuPont,
Syngenta and Dow Chemical, the global plant-patenting GMO giants. Since
early in 2007 Monsanto holds world patent rights together with the
United States Government for plant so-called ‘Terminator’ or Genetic Use
Restriction Technology (GURT). Terminator is an ominous technology by
which a patented commercial seed commits ‘suicide’ after one harvest.
Control by private seed companies is total. Such control and power over
the food chain has never before in the history of mankind existed. This
clever genetically engineered terminator trait forces farmers to return
every year to Monsanto or other GMO seed suppliers to get new seeds for
rice, soybeans, corn, wheat whatever major crops they need to feed their
population. If broadly introduced around the world, it could within
perhaps a decade or so make the world’s majority of food producers new
feudal serfs in bondage to three or four giant seed companies such as
Monsanto or DuPont or Dow Chemical. That, of course, could also open the
door to have those private companies, perhaps under orders from their
host government, Washington, deny seeds to one or another developing
country whose politics happened to go against Washington’s. Those who
say ‘It can’t happen here’ should look more closely at current global
events. The mere existence of that concentration of power in three or
four private US-based agribusiness giants is grounds for legally banning
all GMO crops even were their harvest gains real, which they manifestly
are not. These private companies, Monsanto, DuPont, Dow Chemical hardly
have an unsullied record in terms of stewardship of human life. They
developed and proliferated such innovations as dioxin, PCBs, Agent
Orange. They covered up for decades clear evidence of carcinogenic and
other severe human health consequences of use of the toxic chemicals.
They have buried serious scientific reports that the world’s most
widespread herbicide, glyphosate, the essential ingredient in Monsanto’s
Roundup herbicide that is tied to purchase of most Monsanto genetically
engineered seeds, is toxic when it seeps into drinking water.9
Denmark banned glyphosate in 2003 when it confirmed it has contaminated
the country’s groundwater.10 The diversity stored in
seed gene banks is the raw material for plant breeding and for a great
deal of basic biological research. Several hundred thousand samples are
distributed annually for such purposes. The UN’s FAO lists some 1400
seed banks around the world, the largest being held by the United States
Government. Other large banks are held by China, Russia, Japan, India,
South Korea, Germany and Canada in descending order of size. In
addition, CGIAR operates a chain of seed banks in select centers around
the world. CGIAR, set up in 1972 by the Rockefeller Foundation and Ford
Foundation to spread their Green Revolution agribusiness model, controls
most of the private seed banks from the Philippines to Syria to Kenya.
In all these present seed banks hold more than six and a half million
seed varieties, almost two million of which are ‘distinct.’ Svalbard’s
Doomsday Vault will have a capacity to house four and a half million
different seeds. more... | NewWorldOrder|
Earth Changes|
Bernanke: Federal Reserve caused Great Depression
WorldNet Daily
(March 19, 2008) - Despite the varied theories espoused by many
establishment economists, it was none other than the Federal Reserve
that caused the Great Depression and the horrific suffering, deprivation
and dislocation America and the world experienced in its wake. At least,
that's the clearly stated view of current Fed Chairman Ben Bernanke. The
worldwide economic downturn called the Great Depression, which persisted
from 1929 until about 1939, was the longest and worst depression ever
experienced by the industrialized Western world. While originating in
the U.S., it ended up causing drastic declines in output, severe
unemployment, and acute deflation in virtually every country on earth.
According to the Encyclopedia Britannica, "the Great Depression ranks
second only to the Civil War as the gravest crisis in American history."
What exactly caused this economic tsunami that devastated the U.S. and
much of the world? In "A Monetary History of the United States," Nobel
Prize-winning economist Milton Friedman along with coauthor Anna J.
Schwartz lay the mega-catastrophe of the Great Depression squarely at
the feet of the Federal Reserve. Here's how Friedman summed up his views
on the Fed and the Depression in an Oct. 1, 2000, interview with PBS:
PBS: You've written that what really caused
the Depression was mistakes by the government. Looking back now,
what in your view was the actual cause?
Friedman: Well, we have to distinguish
between the recession of 1929, the early stages, and the conversion
of that recession into a major catastrophe. The recession was an
ordinary business cycle. We had repeated recessions over hundreds of
years, but what converted [this one] into a major depression was bad
monetary policy. The Federal Reserve System had been established to
prevent what actually happened. It was set up to avoid a situation
in which you would have to close down banks, in which you would have
a banking crisis. And yet, under the Federal Reserve System, you had
the worst banking crisis in the history of the United States.
There's no other example I can think of, of a government measure
which produced so clearly the opposite of the results that were
intended. And what happened is that [the Federal Reserve] followed
policies which led to a decline in the quantity of money by a third.
For every $100 in paper money, in deposits, in cash, in currency, in
existence in 1929, by the time you got to 1933 there was only about
$65, $66 left. And that extraordinary collapse in the banking
system, with about a third of the banks failing from beginning to
end, with millions of people having their savings essentially washed
out, that decline was utterly unnecessary. At all times, the Federal
Reserve had the power and the knowledge to have stopped that. And
there were people at the time who were all the time urging them to
do that. So it was, in my opinion, clearly a mistake of policy that
led to the Great Depression.
Although economists have pontificated over the decades
about this or that cause of the Great Depression, even the current Fed
chairman Ben S. Bernanke, agrees with Friedman's assessment that the Fed
caused the Great Depression. At a Nov. 8, 2002, conference to honor
Friedman's 90th birthday, Bernanke, then a Federal Reserve governor,
gave a speech at Friedman's old home base, the University of Chicago.
Here's a bit of what Bernanke, the man who now runs the Fed – and thus,
one of the most powerful people in the world – had to say that day:
I can think of no greater honor than being invited
to speak on the occasion of Milton Friedman's ninetieth birthday.
Among economic scholars, Friedman has no peer. … Today I'd like to
honor Milton Friedman by talking about one of his greatest
contributions to economics, made in close collaboration with his
distinguished coauthor, Anna J. Schwartz. This achievement is
nothing less than to provide what has become the leading and most
persuasive explanation of the worst economic disaster in American
history, the onset of the Great Depression – or, as Friedman and
Schwartz dubbed it, the Great Contraction of 1929-33. … As everyone
here knows, in their "Monetary History" Friedman and Schwartz made
the case that the economic collapse of 1929-33 was the product of
the nation's monetary mechanism gone wrong. Contradicting the
received wisdom at the time that they wrote, which held that money
was a passive player in the events of the 1930s, Friedman and
Schwartz argued that "the contraction is in fact a tragic
testimonial to the importance of monetary forces."
After citing how Friedman and Schwartz documented the
Fed's continual contraction of the money supply during the Depression
and its aftermath – and the subsequent abandonment of the gold standard
by many nations in order to stop the devastating monetary contraction– Bernanke adds:
… Before the creation of the Federal Reserve,
Friedman and Schwartz noted, bank panics were typically handled by
banks themselves – for example, through urban consortiums of private
banks called clearinghouses. If a run on one or more banks in a city
began, the clearinghouse might declare a suspension of payments,
meaning that, temporarily, deposits would not be convertible into
cash. Larger, stronger banks would then take the lead, first, in
determining that the banks under attack were in fact fundamentally
solvent, and second, in lending cash to those banks that needed to
meet withdrawals. Though not an entirely satisfactory solution – the
suspension of payments for several weeks was a significant hardship
for the public – the system of suspension of payments usually
prevented local banking panics from spreading or persisting. Large,
solvent banks had an incentive to participate in curing panics
because they knew that an unchecked panic might ultimately threaten
their own deposits.
It was in large part to improve the management of
banking panics that the Federal Reserve was created in 1913.
However, as Friedman and Schwartz discuss in some detail, in the
early 1930s the Federal Reserve did not serve that function. The
problem within the Fed was largely doctrinal: Fed officials appeared
to subscribe to Treasury Secretary Andrew Mellon's infamous 'liquidationist'
thesis, that weeding out "weak" banks was a harsh but necessary
prerequisite to the recovery of the banking system. Moreover, most
of the failing banks were small banks (as opposed to what we would
now call money-center banks) and not members of the Federal Reserve
System. Thus the Fed saw no particular need to try to stem the
panics. At the same time, the large banks – which would have
intervened before the founding of the Fed – felt that protecting
their smaller brethren was no longer their responsibility. Indeed,
since the large banks felt confident that the Fed would protect them
if necessary, the weeding out of small competitors was a positive
good, from their point of view.
In short, according to Friedman and Schwartz,
because of institutional changes and misguided doctrines, the
banking panics of the Great Contraction were much more severe and
widespread than would have normally occurred during a downturn. …
Let me end my talk by abusing slightly my status
as an official representative of the Federal Reserve. I would like
to say to Milton and Anna: Regarding the Great Depression. You're
right, we did it. We're very sorry. But thanks to you, we won't do
it again. Best wishes for your next ninety years.
Today, the entire Western financial world holds its
breath every time the Fed chairman speaks, so influential are the
central bank's decisions on markets, interest rates and the economy in
general. Yet the Fed, supposedly created to smooth out business cycles
and prevent disruptive economic downswings like the Great Depression,
has actually done the opposite. | NewWorldOrder|America|
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What strikes me about this is
that it is admitted that the Federal Reserve caused the Great
Depression, and one of the results of the Great Depression was the
confiscation of gold by the government in 1933 by Executive order of
President Roosevelt.
Executive order: By virtue of the authority
vested in me by Section 5(B) of The Act of Oct. 6, 1917, as
amended by section 2 of the Act of March 9, 1933, in which
Congress declared that a serious emergency exists, I as
President, do declare that the national emergency still exists;
That the continued private hoarding of gold and silver by
subjects of the United States poses a grave threat to the peace,
equal justice, and well-being of the United States; and that
appropriate measures must be taken immediately to protect the
interests of our people.
"Therefore, pursuant to the above authority, I
herby proclaim that such gold and silver holdings are
prohibited, and that all such coin, bullion or other possessions
of gold and silver be tendered within fourteen days to agents of
the Government of the United States for compensation at the
official price, in the legal tender of the Government. All safe
deposit boxes in banks or financial institutions have been
sealed, pending action in the due course of the law. All sales
or purchases or movements of such gold and silver within the
borders of the United States and its territories, and all
foreign exchange transactions or movements of such metals across
the border are herby prohibited.
"Your possession of these proscribed metals
and/or your maintenance of a safe-deposit box to store them is
known to the Government from bank and insurance records.
Therefore, be advised
that your vault box must remain sealed, and may only be opened
in the presence of an agent of The Internal Revenue Service.
"By lawful Order given this day, the President
of the United States."
This forced the trade of gold
by individuals for paper currency that lost 95% of its value in the
following years. Watch
America: Freedom to Fascism as well as
Monopoly Men,
Money
As Debt, and
Money, Banking & the Federal Reserve for more history on what
our Dollar really is and how unstable it is. In a society living on
credit made from thin air feeding the international bankers, the
system is bound to collapse. Now one could label me a conspiracy
theorist, but I don't mind because there are people with a plan that
is self-serving and takes advantage of the general population. They
are guided by a spirit that God says we are at war with, spiritual
wickedness in high places.
Ephesians 6:11,12 This isn't a war
of traditional weapons, but of spiritual weapons, the Word of God
and the ideas of love expressed in them that we are to live by in
imitation of Christ.
Could it be that a small group
with a big plan could push through a system intended to milk a
nation to feed the bigger plan of a New World Order as foretold in
the Bible? Thinking in terms of just men, the thought is pretty
crazy. However, we must remember that a spiritual force who has been
around from before mankind is working for our destruction and has
great influence over an ignorant mankind and he often uses
generation after generation of initiates into groups keeping
secrets. This is the mystery of iniquity at work today, not always
defined by single men yet evident at times in their actions and the
fruits of their labors. Is this another case of men being tricked
and manipulated for a transfer of wealth and power toward a
globalist end? Time will tell, but the more I study and watch, the
more likely it seems. The way the Federal Reserve came into
existence and what it caused and where we're at now because of it
all seems to point in the same direction and believe it or not,
there are conspiracies out there. What can be done? Nothing if the
Bible is true as it foretells this global control and the man to
whom Lucifer will give it. I believe the Bible is the Word of God
and will come to pass exactly as foretold. What we should do is
build our personal relationship with Yeshua and share the good news
of our salvation with those with ears to hear. The end will come in
God's timing, let us remain faithful to Him in grace and truth
toward others.
Ghost of Nazi Past, Ghost of Nazi Present
A Time, Times, and Half A Time
(March 16, 2008) -
Quite often as I’ve spent time preparing material for
this blog space, I’ve thought to myself, “this is a resurgence of
Nazism”. I had been raised in a household by a father who purchased
every book he could find related to the first and second world wars. I
knew that it was important to direct attention to this area and parallel
the changes the Nazi’s made to law with those being prepared by the
global government. I understood this would be an extremely time
consuming task and one which I was not too excited to start. Fortunately
for me, around Christmas time, as I passed through the history section
in Barnes & Noble, a book title caught my eye. The book The Third Reich
In Power byRichard J. Evanshad done exactly what I was preparing to
do. It seemed as though it was God’s Christmas present to me for which I
am thankful. Richard Evans has provided an excellent high level overview
of Nazi changes to law and culture—a book which I highly recommend. I
will be quoting from Evans’ work extensively in this and the next blog
post. The format will be that I present a passage from The Third Reich
In Power followed by citations of global governance proposals. I have
already dedicated ink to much of the material I’m about to cover, but it
is worth re-reading as one considers we have seen this before in various
dictatorships, and in particular, the Nazi regime. Throughout my
lifetime, I’ve heard people argue that what happened in Nazi Germany
could never happen again. My father advised me that when people truly
start to believe that, that’s when it will happen. Perhaps Richard Evans
best explains this mindset as “the further in time we get from Nazi
Germany, the more difficult it becomes for historians living in
democratic political systems and in cultures which respect the rights of
the individual to make the leap of imagination necessary to understand
people’s behaviour in a state such as Nazi Germany, where imprisonment,
torture or even death might await anyone who dared to voice the
slightest criticism of the regime and its leaders.” Pg 116 Indeed, and
today the masses may be prepared to accept the doctrines like those of
the Nazis-- the newly-proposed model of Shared Security, a.k.a,
“Civilian-Military Cooperation (CIMIC), “Responsibility to Protect”,
“Human Security”—because their architects present the doctrines as
belonging to the human rights framework. Nonetheless, the definition of
human rights has become a slippery slope. For example, any religious or
political viewpoint that does not fall within “common shared value”
guidelines is considered extremist and said to be a gross violation of
another’s human rights. Therein the hostilities begin. Following, I have
divided sections into topic. The lead section which is bolded has been
quoted from The Third Reich in Power. The italicized sections following
it are citations which demonstrate there are calls to implement similar
legislation.
Cultural/Social
“…he [Justice
Minister Gurtner] quickly appointed a committee to revise the Reich
Criminal Code of 1871 in accordance with the new ethos of the Third
Reich. As one committee member, the criminologist, Edmund Mezger, put
it, the aim was to create a new synthesis of ‘the principle of the
individual’s responsibility to his people, and the principle of the
racial improvement of the people as a whole.” Pg 72
“Everyone has duties to the community
in which alone the free and full development of his personality is
possible.” – Article 29,Universal
Declaration on Human Rights
“UNESCO promotes respect for all
dimensions of cultural diversity since it is the very fabric of
humankind and the “common heritage of humanity”, as stipulated in the
UNESCO Universal Declaration on Cultural Diversity…The Declaration
furthermore aims at preserving cultural diversity as a living, and thus
renewable treasure that must not be perceived as static but rather as a
process guaranteeing the survival of humanity…the Declaration is
dedicated to preventing segregation and fundamentalism which, in the
name of cultural differences, could sanctify those differences and in
doing so, counter the message of the Universal Declaration of Human
Rights.”
Rosa Guerreiromore... |
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Congress, watchdog probe passport security
The Washington Times
(March
27, 2008) - Three House leaders and the Government Printing
Office's watchdog said yesterday that they are investigating security
concerns about the production of electronic passports highlighted during
an investigation by The Washington Times. Rep. Bennie Thompson,
Mississippi Democrat and chairman of the House Homeland Security
Committee, criticized the GPO for using foreign components in new
electronic passports. "It is just plain irresponsible to jeopardize the
gold standard in document security by outsourcing production when U.S.
companies ought to be able to do the same work here," said Mr. Thompson,
who announced that his panel is investigating the outsourcing. Rep. John
D. Dingell and Rep. Bart Stupak said they also are investigating the
overseas production of electronic passports. The two Michigan Democrats
said they are looking into whether profits made by the GPO through
selling blank passports to the State Department may have violated the
law limiting the GPO's business practices. The Times reported yesterday
that the GPO chose two European computer chip makers over U.S.
manufacturers to make tens of millions of electronic passports. The
passports are being assembled in Thailand by one company that was a
victim of Chinese economic espionage. "If true, these allegations raised
in today's press reports are extremely serious not only to the integrity
of our e-Passport program, but also to our national security," said Mr.
Dingell, chairman of the Committee on Energy and Commerce. Mr. Stupak,
chairman of the subcommittee on oversight and investigations, said,
"Given all of the personal information contained in an e-passport, it is
essential that the entire production chain be secure and free from
potential tampering." Mr. Dingell and Mr. Stupak said in a letter
yesterday to GPO Inspector General J. Anthony Ogden and Public Printer
Robert Tapella that they are investigating the management, production
and distribution of electronic passports. Mr. Thompson, commenting on a
report in yesterday's editions of The Washington Times, said in a
statement that the credibility of U.S. passports is "of the utmost
importance to our homeland security." "Questions alone about the
production and chain of custody of blank U.S. passports can send shock
waves through our homeland security infrastructure," he said. "The
Committee on Homeland Security will use all of the tools available to
determine if American technologies are being overlooked and what
implications there might be for other border security documents and
technologies." Mr. Ogden earlier said his office is conducting an
"end-to-end" review of the agency's production of electronic passports
and will look into the outsourcing of some passport components, such as
computer chips embedded in travel documents. "We do pay close attention
to the issue of passport manufacturing. It is a high priority of this
office," Mr. Ogden said in an interview. Mr. Ogden said his office's
current work plan includes the review "to help improve the process of
manufacturing passports. That's no secret." One of the companies
involved in passport production in Thailand, Smartrac, charged in a
court filing in the Netherlands last year that its technology was stolen
by China. The company issued a statement yesterday saying its passport
assembly plant was secure, CNN reported. The outsourcing has raised
concerns among investigators over the security of passports. GPO and
State Department officials have sought to play down security concerns
and have said they conduct regular checks of overseas manufacturers. Mr.
Ogden said deficiencies in passport manufacturing detailed in an Oct. 12
report cited by the paper were related to older, non-electronic
passports. He declined to specify the deficiencies but said the agency
has been responsive in addressing many of the problems.
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I suppose I'm not really
surprised that European companies using cheaper labor in Thailand
would be making our e-passports since in the end the same basic
system will probably be used for tracking people through the mark of
the beast.
Outsourced passports netting govt. profits, risking national securityThe Washington Times
(March 26, 2008) -
The United States has outsourced the manufacturing of its electronic
passports to overseas companies — including one in Thailand that was
victimized by Chinese espionage — raising concerns that cost savings are
being put ahead of national security, an investigation by The Washington
Times has found. The Government Printing Office's decision to export the
work has proved lucrative, allowing the agency to book more than $100
million in recent profits by charging the State Department more money
for blank passports than it actually costs to make them, according to
interviews with federal officials and documents obtained by The Times.
The profits have raised questions both inside the agency and in Congress
because the law that created GPO as the federal government's official
printer explicitly requires the agency to break even by charging only
enough to recover its costs. Lawmakers said they were alarmed by The
Times' findings and plan to investigate why U.S. companies weren't used
to produce the state-of-the-art passports, one of the crown jewels of
American border security. "I am not only troubled that there may be
serious security concerns with the new passport production system, but
also that GPO officials may have been profiting from producing them,"
said Rep. John D. Dingell, the Michigan Democrat who chairs the House
Energy and Commerce Committee. Officials at GPO, the Homeland Security
Department and the State Department played down such concerns, saying
they are confident that regular audits and other protections already in
place will keep terrorists and foreign spies from stealing or copying
the sensitive components to make fake passports. "Aside from the fact
that we have fully vetted and qualified vendors, we also note that the
materials are moved via a secure transportation means, including armored
vehicles," GPO spokesman Gary Somerset said. But GPO Inspector General
J. Anthony Ogden, the agency's internal watchdog, doesn't share that
confidence. He warned in an internal Oct. 12 report that there are
"significant deficiencies with the manufacturing of blank passports,
security of components, and the internal controls for the process."
more...
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Toward A Grand
Strategy for an Uncertain World
From What Björn Thinks
(March
24, 2008) - This is a 152-page document prepared to lay out
the case for transatlantic cooperation that I believe is leading to the
fulfillment of the declared New World Order and will expand in the
coming times to battle religious fundamentalism and act as the
foundation and framework for the
war on the saints. The linked page has the source document,
but primarily picks out certain aspects of the document pointing
out the reasons why. Thank you
Björn!
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It's the end of Britain as we know it
Christian Science Monitor
(March
24, 2008) - The Lisbon Treaty spells the end of a
sovereign Britain. You might want to take that vacation in England
just as soon as you can – before its 1,000-year run as a sovereign
nation comes to an end. This winter, 27 nations of the European Union
(EU) signed the Treaty of Lisbon. You may think, "Innocuous enough," as
Portuguese-inspired visions of the Tagus River and chicken piri-piri
swirl before your eyes. But for England (Britain, actually) the Treaty
of Lisbon isn't that appetizing. That's because, if ratified, it will
become the decisive act in this creation of a federal European
superstate with its capital in Brussels. Britain would become a
province and its "Mother of Parliaments," a regional assembly. And
that's no small humiliation for a country that gave the world English
and saved Western civilization in the Battle of Britain in 1940. The
Eurocrat elite in Brussels might not admit it, but the Treaty of Lisbon
is essentially a constitution for a "country" called Europe.More
bluntly, it's a cynical repackaging of the EU Constitution rejected by
French and Dutch voters in 2005. Former Prime Minister Tony Blair
promised to put the EU Constitution to the British people in a
referendum. But his successor, Gordon Brown, has reneged on that
promise. He insists that the Treaty of Lisbon is shorn of all
constitutional content and that it preserves key aspects of British
sovereignty. On March 11, the bill to ratify the treaty cleared the
House of Commons. And now the Brown government is poised to win passage
in the House of Lords, too. But British resistance is stirring. In a
recent series of mini referendums, almost 90 percent of voters gave the
Lisbon Treaty an emphatic thumbs down and demanded a nationwide
referendum. If all 27 nations ratify the treaty this year, it will
begin to come into effect on Jan. 1, 2009. The British will then be
expected to transfer loyalty and affection to the EU and devote
themselves increasingly to its wellbeing. With its flag, anthem,
currency, institutions, regulations, and directives, the EU has long
been indistinguishable from a nation-state-in-waiting. Now the
Lisbon Treaty gives it those requisites of nationhood it's always
lacked: a president, a foreign minister (and diplomatic corps), a
powerful new interior department, a public prosecutor and full
treaty-making powers. Add to those its common system of criminal
justice, an embryonic federal police force, and the faintly
sinister-sounding European Gendarmerie Force, and what this union
becomes is a monolithic state with great power pretensions. Most
alarmingly, though, is that the Lisbon Treaty can be extended
indefinitely without recourse to further treaties or referendums.
That 27 European nations are on the verge of being reconstituted as a
federal European superstate is substantially the achievement of the
fanatical French integrationist Jean Monnet, for whom the nation state
was anathema. When British Prime Minister Edward Heath took Britain
into the Common Market in 1973, the country thought it was entering a
free-trade agreement. It hoped membership would sprinkle some
European stardust on Britain's shipwrecked economy. Mr. Heath, a
passionate Europhile, assured the country that membership would not
entail any sacrifice of "independence and sovereignty." Like Europe's
fervent integrationists, whose plans for political union had always been
disguised as increasingly beneficial economic integration, Heath
maintained the fiction that he had simply joined a trading bloc.
Britain had been a highly successful nation state and global power. Now,
it seemed, she needed Europe to reverse a relentless decline. Thus
when the British were asked to decide on continued membership in the
Common Market in a 1975 referendum, almost 70 percent voted to stay in.
The "Yes" campaign swept to victory on a platform of jobs, prosperity,
and peace. But the implications for the weakening of national
sovereignty went unheeded.Few recalled that in 1961 the
Anti-Common Market League had warned that signing the Treaty of Rome
(which created the Common Market) "would mean a permanent, irrevocable
loss of sovereignty and independence" and that Britain's affairs "would
increasingly be administered by supranational bodies … instead of by our
own elected representatives." Surrendering to supranational rule is
hard for Britain given its celebrated past. Its European neighbors, by
contrast, their histories indelibly stained by tyranny, military defeat,
and imperial barbarity, seem eager to subsume themselves in a
suffocating superstate. The Treaty of Lisbon crystallizes the EU's core
belief that nation states are every bit as defunct as Stone Age tribes.
In the case of Britain, though, it would curtail the freedom of action
and global vision of a nation whose people are far from convinced that
sovereign independence is a badge of shame. Britain could walk out of
the EU today simply by repealing the 1972 European Communities Act. But
political courage of that order is in short supply. Perhaps only Queen
Elizabeth II can rescue her realm from the baleful Treaty of Lisbon. She
could veto it when it comes to her for royal assent and – sensationally
– declare that she's not prepared to see her proud, independent,
liberty-loving country swallowed up by an arrogant, authoritarian, and
unloved European superstate. She would be in excellent company. Queen
Anne refused assent to the Scottish Militia Bill in 1708. And that was
only about a bunch of musket-toting rubes of doubtful loyalty. This is
about national survival.
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Solana| NewWorldOrder|
This article makes several
valuable points. First of all, the road to a European State being
created through the
Treaty of Lisbon began with free-trade agreements, exactly what
the SPP is working on with Canada and Mexico for a "North
American Union." This works to harmonize trade and laws to
international law, which is increasingly being dictated from Europe.
This shouldn't be any surprise to those that study Bible prophecy as
Europe is the center of the
circles of power for the
fourth kingdom. The Treaty of Lisbon is the constitution
creating the nation of Europe, Rome revived and headed by the 10
member-states with voting powers from which
Javier
Solana has risen. He is the first one in line to take over the
foreign minister position created by the Lisbon Treaty. Even if the
treaty isn't ratified by all 27 members, certain powers will go into
effect January 1, 2009. The article also points out the deception
given to the public regarding these participations in "trade blocs"
that are not taking away sovereignty or independence. However, what
makes a nation sovereign? I posit that self-determination is a
factor and the ability to create and enforce its own laws and money.
Under the guise of free-trade, law is internationalized and
harmonized to the extend that national law is dictated from outside
in the interest of international integration. That is global
governance in a nutshell and how the New World Order is coming into
effect silently and effectively. It makes the powerful richer and
those who see the problems cannot effect any change. Ireland is the
only country able to hold a referendum to stop the Treaty of Lisbon,
but a big media blitz to "inform the public" is probably going to
nullify that prospect of stopping it. What began in Europe as
"free-trade" has turned into unelected leaders determining policy
without the regard of the people they "serve." Sure, that's national
sovereignty! The bad news is that if we are really in the end-times,
there is absolutely nothing we can do to change it. But the good
news is that God is in control and has a plan which He has revealed
in His Word, the Bible for those who have faith in His Word. My
faith has grown in study of it and
I welcome you to strengthen your faith too.
Summit approves 'Union for the Mediterranean'
Euractiv.com
(March 14, 2008) - EU leaders have given
the green light to a compromise, struck by French President Nicolas
Sarkozy and German Chancellor Angela Merkel, to create a 'Union for the
Mediterranean', an initiative aimed at upgrading the EU's relations with
its neighbours from North Africa and the Middle East. The main focus of
the new union will be on the following areas:
Improving energy
supply;
fighting
pollution in the Mediterranean;
strengthening the
surveillance of maritime traffic and "civil security cooperation";
setting up a
Mediterranean Erasmus exchange programme for students, and;
creating a
scientific community between Europe and its southern neighbours.
Sarkozy had originally
envisioned the new Union as an exclusive club, involving only the EU's
Mediterranean countries and its neighbours but not the EU as a whole.
But this proposal attracted strong criticism, particularly from Germany,
which feared the plan could split the EU down the middle, with the new
union becoming a rival to the EU itself. In the end, Sarkozy was forced
to back down and agree to allow all 27 EU member states to participate
in this initiative (EurActiv 05/03/08). He also agreed to change the
original title of "Mediterranean Union" to "Union of the Mediterranean"
to counter fears that the new body would become a rival to the bloc.
Germany also prevailed by holding to its position that no new EU money
beyond the funds allocated for the Barcelona Process should be given to
the new union, countering Franco-Italian demands that the financing for
the new body be multiplied. Sarkozy announced his intention to seek
additional funding from the private sector, hoping for up to 14 billion
euro. Another element of the compromise relates to the Union's
management structure, which will consist of two directors coordinating
cooperation between the EU and the partner countries. One director is to
come from the EU member states and the other from a non-European
Mediterranean country. Both will be appointed for two years, supported
by a 20-strong secretariat, to be located in a yet-to-be-determined
southern EU city. Barcelona and Marseille have been mentioned as
potential candidates, claimed Sarkozy, who denied having endorsed the
French city. The agreement also foresees bi-annual summit meetings
between the EU and its partner countries. Seen as a partial victory for
Paris, the southern EU nations will hold the first presidencies.
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This appears to be a further
strengthening of the Barcelona Process. Hans-Gert Pöttering,
President of the European Parliament, said:
"It is important that a Mediterranean Union,
whatever form it takes, should strengthen and further the
Barcelona Process. There can be no question of establishing a Union
which is in competition with the Barcelona Process or which even has
its own institutional structure." He added that "all the member
states and all the institutions of the European Union must be
involved in this process, naturally this includes the European
Parliament".
"EU foreign policy Javier Solana told a press
conference that the union was a "natural evolution of what was
created in 1995." He was referring to the Barcelona Process which
was launched in 1995 to promote economic, cultural and security
cooperation and dialogue between EU member states and countries
around the Mediterranean. ...The EU leaders in a statement said the
Union will include the member states of the EU and the non-EU
Mediterranean coastal states and be an upgrade of the Barcelona
Process."
Inside the hush-hush North American Union confab
World Net Daily
(March 13, 2008) - A largely unreported
meeting held at the State Department discussed integration of the U.S.,
Mexico and Canada in concert with a move toward a transatlantic union,
linking a North American community with the European Union. The meeting
was held Monday under the auspices of the
Advisory Committee on International Economic Policy, or ACIEP. WND
obtained press credentials and attended as an observer. The meeting was
held under
"Chatham House" rules that prohibit reporters from attributing
specific comments to individual participants. The
State Department website noted the meeting was opened by Assistant
Secretary of State for Economic, Energy and Business Affairs Daniel S.
Sullivan and ACIEP Chairman
Michael Gadbaw, vice president and senior counsel for General
Electric's International Law & Policy group since December 1990. WND
observed about 25 ACIEP members, including U.S. corporations involved in
international trade, prominent U.S. business trade groups, law firms
involved with international business law, international investment firms
and other international trade consultants. No members of Congress
attended the meeting. The agenda for the ACIEP meeting was not
published, and State Department officials in attendance could not give
WND permission under Chatham House rules to publish the agenda. The
meeting agenda included topics reviewing the
Security and Prosperity
Partnership of North America, or SPP, and the U.S.-EU Transatlantic
Economic Council, or TEC. The SPP, declared by the U.S., Canada and
Mexico at a summit meeting in 2005, has 20 trilateral bureaucratic
working groups that seek to "integrate and harmonize" administrative
rules and regulations on a continental basis. Several
participants said the premise of the SPP is to create a North American
business platform to benefit North America-based multi-national
companies the way the European Union benefits its own. Others
noted the premise of the TEC is to create a convergence of
administrative rules and regulations between Europe and North America,
anticipating the creation of a "Transatlantic Economic Union" between
the European Union and North America. Participants pointed out
that transatlantic trade is currently 40 percent of all world trade.
They argue that trade and non-trade barriers need to be further reduced
to maintain that market share as a framework is put in place to
advance transatlantic economic integration. Still, some participants
argued that many corporations in North America already have moved
beyond a North American focus to adopt a global perspective that
transcends even the Transatlantic market. "Supply chains and markets
are everywhere," one participant asserted. "What's to stop global
corporations from going after the cheapest labor available globally,
wherever they can find it, provided the cost of transporting goods
globally can be managed economically?" Other participants argued
regional alliances were still important, if only to put in place the
institutional bases that ultimately would lead to global governance on
uniform global administrative regulations favorable to multi-national
corporations. "North America should be a premiere platform to establish
continental institutions," a participant said. "That's why we need to
move the security perimeters to include the whole continent, especially
as we open the borders between North American countries for expanding
free trade." One presentation on the agenda identified four reasons why
administrative rules and regulations need to be integrated by SPP in
North America and by the Transatlantic Economic Council, bridging
together European Union and North American markets:
Standardization – to keep prices low and
productivity high;
Investment – for every $1 traded, $4 is invested;
right now 75 percent of investment in the U.S. comes from the EU,
and 52 percent of the investment in the EU comes from the U.S.;
Productivity Improvements – to lower production
costs and stimulate trade; and
Open Borders – to facilitate the free movement of
labor to markets where employment opportunities are available.
The discussion pointed out the SPP trilateral working
groups and the Transatlantic Economic Council were being supported by
top-level Cabinet officers and the heads of state in both the EU and in
North America. Progress in EU-U.S. regulatory integration was noted in
financial market coordination, investment rule cohesion, trade security
measures and efforts undertaken recently to preserve intellectual
property rights. more...
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Wonder why the borders aren't
being dealt with? It works to eliminate national sovereignty for a
global environment, a goal of the New World Order to bring all the
nations of the world under one authority. International law dictates
national law and thereby bringing about global governance while
maintaining, for the time being, an illusion of national
sovereignty. But if we don't make our own laws or have control of
our own currency, how sovereign are we really? The integration under
the guise of global markets is leading to the system that will
become the mark of the beast, where nobody can buy or sell unless
they have the mark. With the emergency situations the Bible
foretells of and the economic problems that come about with our
current financial situation, a new global cashless society built on
the already integrating global economy is that much closer to
reality today. The infrastructure is there as is the technology to
make it happen. With this kind of integration, it's only a matter of
time. Keep watching!
Euro News (March
12, 2008) -
Video at link: As the EU continues to expand, openness and greater
security are the key subjects for European ministers meeting in
Slovenia. They are focusing on possible new measures including
fingerprinting, and collecting information on anyone crossing
Europe's borders, regardless of whether they are entering or
leaving. A vast and profitable single market fulfilling every
investor's dreams: that is the optimist's view of an enlarged
Europe. But its critics say with no internal borders, any terrorist
can move around at will, from country to country, and never be
caught. EU Commissioner Franco Frattini says this is about tighter
internal security, offset against the problems of the visa waiver
agreements with the United States. This meeting builds on the
existing European Security Strategy which is a mirror image of a
similar arrangement in America. Both Europe and the US believe
the world is full of new dangers, and multilateral co-operation is
the only way to keep both continents as safe as possible.
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International
integration and cooperation is the key to bringing about global
governance right under our noses without taking over nations through
war in the traditional manner. In this way, for many once they
realize what is going on it will be too late and the law will be,
and already is, in the hands of the globalists who will give their
power to
the beast. For many in the world, this will be a logical
progression of government and will make sense. To those who desire
to obey the Bible or Torah, they will become enemies of the state in
the future because of the Bible's claim as the sole Truth.
EU Observer (March
10, 2008) -
The European Union should boost its civil and military capacities to
respond to "serious security risks" resulting from catastrophic climate
change expected this century, according to a joint report from the EU's
two top foreign policy officials. The EU and member states should
further build up their capabilities with regards to civil protection,
and civil and military crisis management and disaster response
instruments to react to the security risks posed by climate change,
reads a paper by EU foreign policy chief Javier Solana and external
relations commissioner Benita Ferrero-Waldner. The seven-page paper, to
be submitted to EU leaders at a summit in Brussels later this week,
warns of a range of stark scenarios, in particular the threat of an
intensified "scramble for resources" – both energy and mineral – in the
Arctic "as previously inaccessible regions open up." The rapid melting
of the polar ice caps is seen as a great opportunity for far-northern
economies, as the "increased accessibility of the enormous hydrocarbon
resources in the Arctic region" mean new waterways and international
trade routes open for business where once there was only ice. But this
does not come without certain hazards. The report highlights the threat
to Europe from Russia. "The resulting new strategic interests are
illustrated by the recent planting of the Russian flag under the North
Pole." Eco-migration: Additionally, the report suggests that
Europe will come under increasing pressure from so-called eco-migration.
"Europe must expect substantially increased migratory pressure," says
the report. "Populations that already suffer from poor health
conditions, unemployment or social exclusion are rendered more
vulnerable to the effects of climate change, which could amplify or
trigger migration within and between countries." The document notes that
the UN has predicted that there will be millions of environmental
migrants by 2020, and warns that the pressure will not only come from
beyond Europe's borders, but that climate change "is also likely to
exacerbate internal migration with significant security consequences."
Other worries include water shortages and the consequent food price
increases that result from lower crop yields, all of which could lead to
civil unrest, particularly in the Middle East. This in turn puts
pressure on energy security. more...
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International
Herald Tribune (March
10, 2008) -
For months, for years, we have been deeply distressed, yet
powerless, with respect to the tragedy in Darfur. Two weeks ago,
despite the troubles in Chad, Europe gave itself the means to
protect the victims and to rebuild their villages in eastern Chad.
At the behest of France, and thanks to the efforts of our European
partners, the European Union - implementing a unanimous UN Security
Council resolution - launched its Eufor operation. There will
finally be help and comfort for women - who up to now were raped or
killed as soon as they left their camps - and for hungry children.
This is no small achievement. I've just returned from Goz Beida in
eastern Chad, and I will never forget the enthusiastic welcome the
European soldiers received from displaced persons and refugees. The
launch of an autonomous EU operation in Africa, led by an Irish
general with a Polish deputy and bringing together troops from some
15 countries, illustrates how far we have come in building a
European defense. It is now desired and supported by nations that
until very recently remained skeptical. We have been working to
build a European defense since the 1990s.
The Europeans needed military means
commensurate with their political ambitions. How could we hope to
influence a crisis or negotiations without the means to back up our
words? "The Union must have
the capacity for autonomous action, backed up by credible military
forces, the means to decide to use them, and a readiness to do so,
in order to respond to international crises," concluded the
Franco-British Saint-Malo Summit in 1998.
The European
Security and Defense Policy inscribed in the Lisbon Treaty is
finally allowing us to meet this need. In the future, if we
wish to do so, the EU will be able to fully assume its role on the
international scene. No one can deny that this is a major asset for
peace in the world. The approximately 15 civilian and military
operations that Europe has already conducted since 2003 in the
Balkans, in Africa, in the Middle East, in Afghanistan and as far
away as Indonesia, largely attest to this. In each of them, the EU
was guided by a single ideal: to save lives, to avert war, and to
work for reconstruction and reconciliation when the international
community had been unable to prevent conflict. Each time we did so
with a concern for effectiveness and pragmatism, with or without
direct support from the Americans.
Our vision of relations
between the EU and NATO is that they should be founded on this same
pragmatism. In some cases, the EU has used its own military
means, as it did in Congo in the past and is doing in Chad and the
Central African Republic today. In other situations - Bosnia, for
example - the EU benefited from NATO support.
Now, in a growing number of crises,
the EU and NATO are deployed together on the ground. That is
sufficient to show that there is not competition but rather
complementarity between the two organizations.
How could it be otherwise when 21 of
the 26 NATO allies are members of the EU, and 21 of the 27 EU
partners are members of NATO? Moreover, it is these
individual nations that decide on a case-by-case basis what is the
most appropriate framework for their actions.
And it is they who supply troops
and equipment - there is no EU army, just as there is no NATO army.
And all the parties remain free. This very simple truth means
that European defense relies on the commitment of each state and
that all may do their share. It presumes that all European countries
make the effort to ensure that the security of all is no longer
guaranteed or financed by only a few. As France is one of the
largest contributors to both EU and NATO operations, it is in our
interest, even more than in that of others, for the two
organizations to work more effectively together. The positions
expressed by President Nicolas Sarkozy last fall are clear: A
tireless promoter of European defense, France is at the same time a
key member of NATO, whose forces it has commanded on several
occasions, particularly in Kosovo and Afghanistan. Our new approach
to NATO is not an alignment but rather a strengthened European
dynamic. Some claim that the United
States remains opposed to a European defense, as it would weaken
NATO. This claim no longer appears to be true. Recent statements by
high-ranking U.S. officials in Paris and London indicate that
Washington - aware of the challenges we must face together -
acknowledges the necessary complementarity of the two organizations.
Trust is built over time and through reciprocity: Our openness to
the United States and American support for the EU autonomously
assuming its responsibilities shall advance hand in hand. European
defense and Europe's anchorage in the Atlantic alliance are two
facets of the same defense and security policy, pursued in the name
of the values we share. The EU presidency, which France will assume
on July 1, must allow us to open new perspectives in the field of
security and defense, to fight against terrorism and proliferation
more effectively, to reinforce our energy security, and to prepare
the implementation of permanent structured cooperation open to all
27 member states, as made possible by the new treaty. We will
resolutely strive toward that aim. We are already preparing
ourselves under the presidency of our Slovenian friends. This
progress will give full meaning to the renewal of our relationship
with NATO.
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Revelation 17:12,13
And the ten horns which thou sawest are ten kings, which have
received no kingdom as yet; but receive power as kings one hour
with the beast. These have one mind, and shall give their
power and strength unto the beast.
Revelation 13:3-8
And I saw one of his heads as it were wounded to death; and his
deadly wound was healed: and all the world wondered after the
beast. And they worshipped the dragon which gave power unto the
beast: and they worshipped the beast, saying, Who is like unto
the beast? who is able to make war with him? And there was given
unto him a mouth speaking great things and blasphemies; and
power was given unto him to continue forty and two months. And
he opened his mouth in blasphemy against God, to blaspheme his
name, and his tabernacle, and them that dwell in heaven. And
it was given unto him to make war with the saints, and to
overcome them: and power was given him over all kindreds, and
tongues, and nations. And all that dwell upon the earth
shall worship him, whose names are not written in the book of
life of the Lamb slain from the foundation of the world.
The prophesied war on the
saints is coming and I really feel we are watching the international
cooperation now whose power will be given over the the man of sin
and the head and voice of Europe. To those that don't understand the
ultimate end of this, it may sound good because who doesn't want
peace and security? But who will be in charge of this collection of
cooperating armies and who will become the enemy of the state? As Richard Peterson pointed out in
his
posting on the Alliance of Civilizations,
The final report of the United Nations’ Alliance
of Civilizations (AoC) initiative was released last month. In
addition to its usual goal of combating exclusivist ideology,
the report contains some interesting elements:
1) Exclusivist ideology is defined as "those who feed on
exclusion and claim sole ownership of the truth."
(Christians, read John 14:6 as you consider this statement.)
John 14:6
Jesus saith unto him, I am the way, the truth, and the life:
no man cometh unto the Father, but by me.
The "terrorists" and
"destroyers of civilizations" will become Christians and Jews that
do not give up their fundamental beliefs in one True God and instead
worship the man of sin who works signs and lying wonders. Those who
refuse to go along with the New World Order will become the enemy.
More on the
Treaty
of Lisbon.
President or
foreign minister - who should talk to Medvedev?
EU Observer (March
7, 2008) -
Listening to an analysis of the Russian presidential election, I
heard the interviewer ask who would now be handling Russian foreign
policy? Would it be the President - the newly elected ex-Chairman of
the Russian state energy giant, Gazprom, whose name was lost to
Hillary Clinton the other day - Mr Dmitry Medvedev? Or would it be
that prime ministerial power behind, under, over, around, and beside
the President's throne - Mr Vladimir Putin? The government spokesman
muttered something safe, as spokesmen are wont to do. Under our
constitution, he said, the President deals with foreign policy while
the Prime Minister (that is Mr Putin) deals with domestic matters.
We shall have to wait to see what happens in practice but only the
bright and naively optimistic can surely imagine that the Putin
finger will, not only be in every domestic pie, but on every foreign
policy trigger as well. ...But before we Europeans shake our heads
and tut-tut (and after all the congratulations to Mr Mevedev and the
hoping that his election will usher in a new, warm period in
EU-Russian relations, there is a very great deal to tut-tut at in
Russian politics and not only Mr Putin's flagrant warping of the
Constitution and suppression of all viable opposition) we could well
turn the question back on ourselves and ponder who, in practice,
will actually be responsible for foreign policy, on our side of the
fence so to speak, in the post-Lisbon Treaty World of 2009? Who
will have the job of dealing face to face with Mr Putin and Mr
Mevedev over energy security, border control, trade, missile sites,
nuclear installations, climate change, extradition matters,
exploitation of the Arctic, the Caucasus, Serbia, the United
Nations, and so on? Who will handle the relations between democratic
Europe and despotic Russia; between two nuclear armed continents
that share a long border? Will it be Europe's Foreign Minister
designate under the Lisbon Treaty, Or will it be the President of
the European Council? ...In the absence of a coherent European
foreign policy (look how split Europe is over Kosovo, over US
missile defence bases, over gas pipelines) Russia naturally finds it
easy to play one country off against another. Nothing unites us
quite so well as our disunity. But a strong European foreign
policy will require leadership and diplomatic skills of the highest
order, both to secure the policy at home and then to put it across
abroad. As the Constitutional Convention of 2003 foresaw,
Europe does need someone to speak with both personal and
constitutional authority on Foreign Affairs. Should this person
be the (so-not-called) Foreign Minister - or should it be Europe's
President, the man or woman whose task it will be to coral the
member states, pushing the agenda along in the manner of someone
first among equals? At present, of course, there is no EU
President as such. The Lisbon Treaty creates a new and, as yet,
undefined post. Foreign Policy is split between the High
Representative (Mr Solana) who works for the member states, and the
External Relations Commissioner, Mrs Ferrero-Waldner. These two
posts will be combined into something which, in practice, will be a
quasi-Secretary of State role. Mr Solana (for he is the favourite)
will then have a foot in both camps. But a Secretary
of State is a Secretary of State. He or she acts on behalf of the
head of state. Now the European Union is not a state; it is a
partnership of states that wish, ostensibly, to align their foreign
policies to achieve goals and influence which they could not expect
to achieve, in this global world, by acting alone. But if the
partnership is to find a voice and then speak with authority, it
needs a strong President. ...Vladimir Putin may have been prepared
to bend the constitution and engage in practices so anti-democratic
that election observers feel they cannot operate in Russia, so great
are the restrictions placed upon them. But Europeans beware! Our own
democratic credentials at the Continental level are wafer thin; some
would say non-existent. Europe's President will be appointed; not
even indirectly elected. As will be the Foreign Minister. Are
their democratic credentials, therefore, any better than those of Mr
Medvedev and Mr Putin? If our enlarged Europe is to pursue a united
and successful foreign policy, she must not fall into the Russian
trap of becoming another ‘sovereign democracy.' Criticising Russia
here may be another case of pots and kettles. more...
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Leaders push PR campaign for North American alliance
WorldNet Daily
(March
6, 2008) - The controversial Security and Prosperity Partnership
of North America, or SPP, continues closed-door meetings with business
leaders while the heads of state of the U.S., Mexico and Canada now
openly urge them to launch a public relations campaign to counter
growing criticism of the trilateral cooperative some fear is a step
toward a North American Union. The information is contained in
an internal memo from Canada's Foreign Affairs and Internal Trade
ministry, obtained by WND under an Access to Information Act
request. The text of the undated memo is an internal government summary
of the third SPP summit meeting held Aug. 20-21, 2007, in Montebello
Quebec. The redacted memo does not disclose the author or the date the
memo was written. The first sentence of the memo makes clear, as
WND previously reported, the North American Competitiveness Council,
or NACC, was the only participant invited to meet behind closed doors
with the SPP bureaucrats. The SPP consists of 20 working groups plus the
attending cabinet officers from each country and the heads of state.
"Leaders had a successful meeting with the members of the NACC, which
had been launched at the leader's meeting in Cancun in March 2006, to
counsel governments on how they might enhance North American
competitiveness," the memo begins. The NACC is a largely secretive SPP
advi
Donald J. Eberly is the president of The International Associations of National Youth Service -- an umbrella group that includes the Peace Corps, National Service-Learning Clearinghouse, National Service Learning Partnership, and others. At the 1998 "Fourth Global Conferences on National Youth Service," he traced the history of this global project. Ponder this progression:
UNESCO was a major participant in that Youth Service conference, which worked with over "140 member organizations."[16] The United States was represented by key leaders in social and corporate development -- including the Rite of Passage Project and the Ford Foundation which has been funding "progressive" world programs for decades.[17]
Few have been more zealous for interfaith education and global service than former UN Under-Secretary Robert Muller. In 1989 UNESCO honored him with its Peace Education Prize, and his acceptance speech touted cosmic world education. That's not surprising, since his beliefs are largely based on books penned by Theosophist Alice Bailey, who received them from her "spirit guide." [More on Alice Bailey and the mystery of iniquity]
Her message is now everywhere -- not because people read her books, but because her occult cosmology is promoted by Oprah Winfrey and communicated through a variety of popular New Age and "New Spirituality" books. They include A New Earth by Eckhart Tolle, The Secret by Rhonda Byrne, and A Course in Miracles received from a "spirit guide" called "Jesus."[18] In Education for a New Age, Bailey's spirit guide summarized the basic principle behind "service learning:"
The notion that "self-love" leads to a universal "God consciousness" is a demonic lie! So it's not surprising that Alice Bailey's books were published by Lucis [initially Lucifer] Publishing Company. Saul Alinsky drew inspiration from the same occult source. Like Alice Bailey, he called for rebellion against the God we love:
THE RAGING BATTLE
The actual answer to the initial question is found in the Bible. It tells us that "the whole world is under the sway of the evil one" (1 John 1:19), and he uses every possible agency to win his battle against Truth. In fact, his servants are driving the transformation in every arena.[20]
This is spiritual war! Unthinkable lies are now accepted by blinded masses who have forgotten the foundations of our freedom! Dialectic groups (led by trained facilitators) -- no matter how nice or "Christian" they sound -- are prompting people to shift their trust from God to the group. In that context, even the Bible is conformed to the group's changing visions.
In contrast, our sovereign God calls each of us to take a stand, resist compromise, and follow His unchanging Truth. Those who choose His way will walk together with Him. He will strengthen us for the battle and enable us to stand firm on the solid rock of His Word -- no matter how fierce the battle.
Endnotes: