Socio-Economics History Blog

Socio-Economics & History Commentary

World Bank President Admits Agenda For Global Government

  • There is no turning back from world government it seems. Paul Joseph Watson reports :
     
    World Bank President and Bilderberg elitist Robert Zoellick openly admitted the plan to eliminate national sovereignty and impose a global government during a speech on the eve of the G20 summit.
     
    Speaking about the agenda to increase not just funding but power for international organizations on the back of the financial crisis,
    Zoellick stated, “If leaders are serious about creating new global responsibilities or governance, let them start by modernising multilateralism to empower the WTO, the IMF, and the World Bank Group to monitor national policies.”
     
    In other words, give global institutions the power to regulate national policy as part of the creation of global government. What Zoellick is outlining is essentially the end of national sovereignty and the reclassification of national governments as mere subordinates to a global authority that is completely unaccountable to the voting public of any country.
     
    The more cynical amongst us would call this a global dictatorship. Zoellick couches the plan in flowery rhetoric of helping the poor and alleviating poverty, but as we have documented for years, the global elite’s goal of world government has little to do with saving the planet and everything to do with creating a global fascist state.
      ….
    A central focus of the G20 summit will be the proposal to supplant the dollar with a new global currency. Both the IMF and the United Nations threw their weight behind the implementation of a new global reserve currency system to replace the dollar, in the same week that Treasury Secretary Timothy Geithner told CFR globalists that he was “open” to the idea.
     
    China and Russia brought the issue to the forefront of this week’s G20 when they jointly called for a new global reserve currency a week ago. Brown has consistently called for global regulation of the financial system as a means towards global governance. In
    a speech at St Paul’s Cathedral in London yesterday he again called for a new “global society”.

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April 7, 2009 Posted by | Economics, GeoPolitics | , , , | 6 Comments

The End of The Dollar And The IMF Takeover

  • Jason Bermas interviews Bob Chapman of the International Forecaster on Alex Jones TV.
     
  • What is the result of the recently concluded G20 meeting? The hidden agenda is the removal of the USD as world reserve currency. The IMF is gaining more power to become a global central bank.

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April 7, 2009 Posted by | Economics, EndTimes, GeoPolitics | , , , , | 6 Comments

The Financial New World Order: Towards a Global Currency and World Government

  • As I have highlighted many times, we are witnessing the drive towards a global currency and 1 world government. This engineered crisis is the ruling elite’s method of driving the world to their New World Order.
     
  • Andrew G. Marshall writes :
     
    Following the 2009 G20 summit, plans were announced for implementing the creation of a new global currency to replace the US dollar’s role as the world reserve currency. Point 19 of the communiqué released by the G20 at the end of the Summit stated, “We have agreed to support a general SDR allocation which will inject $250bn (£170bn) into the world economy and increase global liquidity.” SDRs, or Special Drawing Rights, are “a synthetic paper currency issued by the International Monetary Fund.” As the Telegraph reported, “the G20 leaders have activated the IMF’s power to create money and begin global “quantitative easing”. In doing so, they are putting a de facto world currency into play. It is outside the control of any sovereign body. Conspiracy theorists will love it.”[1]
     

    The article continued in stating that, “There is now a world currency in waiting. In time, SDRs are likely to evolve into a parking place for the foreign holdings of central banks, led by the People’s Bank of China.” Further, “The creation of a Financial Stability Board looks like the first step towards a global financial regulator,” or, in other words, a global central bank.
     
  • The move towards a 1 world currency is likely to be preceded by regional currencies for : Americas, Europe and Asia. The much talked about Amero will be the currency of the North American Union (US, Canada and Mexico). I think in due course, the South American countries will agree to adopt the Amero as their currency too. South American countries do not have a good track record in managing their economies or monetary policies.
     
  • What this clearly suggest is: the end of the USD is near. How will the elite engineer a collapse of the USD? It is already happening right before our eyes. Quantitative Easing means currency debasement. The persistent bailouts of the insolvent banks mean that America will be bankrupted. No amount of taxpayer money can plug the US$1.5 Quadrillion financial derivatives hole. What the FedRes and treasury will do is to keep printing money out of thin air to plug this hole. But it will be the end of the USD.
     
  • Andrew G. Marshall again :
      
    In 1988, The Economist ran an article titled, Get Ready for the Phoenix, in which they wrote, “THIRTY years from now, Americans, Japanese, Europeans, and people in many other rich countries and some relatively poor ones will probably be paying for their shopping with the same currency. Prices will be quoted not in dollars, yen or D-marks but in, let’s say, the phoenix. The phoenix will be favoured by companies and shoppers because it will be more convenient than today’s national currencies, which by then will seem a quaint cause of much disruption to economic life in the late twentieth century.” 
      ….
    Further, the article stated that, “The phoenix zone would impose tight constraints on national governments. There would be no such thing, for instance, as a national monetary policy. The world phoenix supply would be fixed by a new central bank, descended perhaps from the IMF. The world inflation rate-and hence, within narrow margins, each national inflation rate-would be in its charge. Each country could use taxes and public spending to offset temporary falls in demand, but it would have to borrow rather than print money to finance its budget deficit.” The author admits that, “This means a big loss of economic sovereignty, but the trends that make the phoenix so appealing are taking that sovereignty away in any case. …” 
      ….
    A “New World Order” in Banking
     
    In March of 2008, following the collapse of Bear Stearns, Reuters reported on a document released by research firm CreditSights, which said that, “Financial firms face a ‘new world order’,” and that, “More industry consolidation and acquisitions may follow after JPMorgan Chase & Co.” Further, “In the event of future consolidation, potential acquirers identified by CreditSights include JPMorganChase, Wells Fargo, US Bancorp, Goldman Sachs and Bank of America.”[53] 
      …..
    In February of 2009, the Times Online reported that a “New world order in banking [is] necessary,” and that, “It is increasingly evident that the world needs a new banking system and that it should not bear much resemblance to the one that has failed so spectacularly.”[56] But of course, the ones that are shaping this new banking system are the champions of the previous banking system. The solutions that will follow are simply the extensions of the current system, only sped up through the necessity posed by the current crisis.
       
  • With global central bank and global financial governance, it logically means 1 world government. Keep in mind that whoever controls money controls the world. 
     
    An Emerging Global Government           
    A recent article in the Financial Post stated that, “The danger in the present course is that if the world moves to a “super sovereign” reserve currency engineered by experts, such as the “UN Commission of Experts” led by Nobel laureate economist Joseph Stiglitz, we would give up the possibility of a spontaneous money order and financial harmony for a centrally planned order and the politicization of money. Such a regime change would endanger not only the future value of money but, more importantly, our freedom and prosperity.”[57]
     
    Conclusion

    Ultimately, what this implies is that the future of the global political economy is one of increasing moves toward a global system of governance, or a world government, with a world central bank and global currency; and that, concurrently, these developments are likely to materialize in the face of and as a result of a decline in democracy around the world, and thus, a rise in authoritarianism. What we are witnessing is the creation of a New World Order, composed of a totalitarian global government structure.
     
    In fact, the very concept of a global currency and global central bank is authoritarian in its very nature, as it removes any vestiges of oversight and accountability away from the people of the world, and toward a small, increasingly interconnected group of international elites.

     
  • This will see the rise of the fascist, corporatist, police security state worldwide. And eventually ‘666’. We will no doubt see this coming in our life times. 

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April 7, 2009 Posted by | Economics, EndTimes | , , , , , | 8 Comments