"[There must be] some dilution of sovereignty, to the immediate disadvantage of those nations which now possess the preponderance of power ... the establishment of a common money, might be vested in a body created by and responsible to the principal trading and investing people. This would deprive our government of exclusive control over a national money." --John Foster Dulles, CFR founder, former Secretary of State, 1939
In the last post, we saw different things which can happen soon in our economy. Many things which most folks with even a limited knowledge of money would know through simple common sense know that this so called stimulus bill will have a larger impact down the road than it will immediately.
Back in the first post on this subject I admitted to my limited knowledge of math. I never was able to comprehend much past the 10th grade level. Common sense however, tells me that when the government passes legislation for such grand schemes which will cost upwards of a Trillion dollars and more, that money has to come from somewhere. I know from the national debt, our government doesn't have money to spend on more programs. I know that they have a limited choice on where to get that money. They will either borrow it from other countries, they could print it, or they will eventually get it back through taxes. Even to a math simpleton like myself, knows that either of these choices will be more of a disaster for this country, and as we've seen, the rest of the world as well, since we're all connected through globalized financing and banking interests. For more on this, See http://worldnetdaily.com/index.php?fa=PAGE.view&pageId=88851
So. If it's not going to work, why is our government so intent on shoving these plans down our throats? In a few words, socialism, globalism and then, a one world system.
First of all, we now have a very liberal democratic government, and it's no surprise that many of these people espouse socialist, if not communist ideals which they have waited decades to be able to put into place. For them, the government nanny state is more equipped to "take care of" the population. In their minds, they know better than you and I, and are bound by their agenda to make sure they have as much control as possible. In the communist state, the people are the peons, who receive dole outs when deemed necessary, while under the rule of an elite governing body. In this kind of government, they control what you are allowed to read, listen to, and even think. They own the bank, so to speak, so they control what you are allowed to own, and how much you are paid, and what private monies you have.
This may sound crazy to some, but this is where we are headed. One only has to look at countries such as Russia, China, Cuba, Venezuela and other communist countries. The greater population is no better in some cases than peasants doing the bidding of the ruling elite. While the people have been taught for decades that the rich are the enemy of the lower class, the governments have in effect eliminated the upper class by bringing them down to lower class status. In Socialist rule, it is not the poor who are raised to wealth, but the wealthy who are brought down to poverty. They do this through government interventions, regulations and take over of private business, by creating a "class warfare or envy" situation, and unreasonable red tape and taxation on private enterprise. I'm getting ahead of myself. Right now, we need to understand how this economic crisis will effect all of us.
This is partly why all these latest "bail outs" and so called stimulus plans caught my attention. Not just the fact that this is the biggest waste of money in American history, but the governmental control and growth from this is absolutely huge and necessary to bring us to a socialist and global society with no more American imperialist ideas such as our own Constitution. This is just one more move towards removing this country's sovereignty and moving us towards being under the thumb of world rule from groups such as the United Nations.
The fact that there is financial distress and uncertainty all over the world, is leading to world leaders looking to nationalize Banks and financial institutions. From the 2009 World Economic Forum which was held in Davos, Switzerland, Klaus Schwab, the forum's founder told CNN in an interview that the current global economic slowdown is a "transformational crisis" that should be utilized to shape a "new world."
"Above all else this is a crisis of confidence," Schwab said. "To restore confidence you have to establish signposts that the world after the crisis will be different. We have to create a new world and that is what Davos 2009 will be all about – serving society."
Another speaker at Davos, Nouriel Roubini, New York University professor at the Stern School of Business, told CNBC the global banking system is "effectively insolvent." Stiglitz reasoned economic incentives dictated that private bank managers – if left in place after injecting TARP funds without government control – would "have incentives to pay themselves bonuses, to pay shareholders dividends and to use bailout funds to make acquisitions."
Joseph Stiglitz, a Colombia University professor and 2001 Nobel economics laureate who advised the incoming Obama administration during the transition, echoed Roubini's concerns in a CNBC interview from the Davos conference. "We need to run these banks for our interest," Stiglitz said, arguing the Obama administration should move to nationalize banks.
"The government could not do worse than the banks themselves have done," he observed, insisting TARP bailouts made no sense unless the government ended up controlling the banks.
And this brings us to President Obama’s pick for Treasury Secretary, Timothy Geithner. Just who is this guy? Who is behind Geithner and why? And why does Obama want him?
For one, Geithner has very powerful political and financial connections, not only to the media but the banking interests and lobbies that make U.S. policy behind the scenes. The former President of the New York Federal Reserve Bank, the Chinese-speaking Geithner was an associate of Henry Kissinger who can convince the Chinese Communists to continue to buy U.S. debt and finance Obama’s massive expansion of federal government power.
Henry Kissinger recently said, when he was celebrating U.S.-China relations on the floor of the New York Stock Exchange, Obama’s mission is to usher in a “New World Order.” What he forgot didn't say is that it is a China-dominated New World Order in which the U.S. has become a subsidiary of China Inc. Geithner’s father, Peter F. Geithner, serves on the board with Kissinger of the National Committee on U.S.-China Relations. This is the group that ran the opening bell at the New York Stock Exchange, celebrating Chinese investments in the U.S. economy. It also turns out that Peter F. Geithner was with the Ford Foundation and oversaw the work of Obama’s mother, Ann Dunham, developing what are called microfinance programs in Indonesia.
Kissinger said that Obama had “appointed an extraordinarily able group of people in both the international and financial fields.” He didn’t name names, but that obviously includes Geithner, who used to work for Kissinger Associates.
Remember that Geithner also cheated on his taxes, yet he never was called on it the way some of the other Obama picks were. Why is that?
Because Geithner is a wheeler-dealer for powerful special interests. He is a member of what is called the “Group of Thirty,” an affiliation which appears at the bottom of his biography, right after his Council on Foreign Relations membership. He was also, before he became an "Employee of the Federal Government" an associate of the governor of the Chinese central bank through this secretive "Group of Thirty", an organization of bankers and other top current and former officials from various countries. This organization has been funded by some of the same financial institutions getting federal bailout money. These include American International Group, Goldman Sachs and Citi, among others. Because it has a website and publishes an annual report, all of this seems open and above board. But the fine print reveals that some of the meetings are by “invitation only.”
Not only U.S. financial institutions are getting bailout money, but central banks around the world and Arab financial interests. In addition, private financial interests, including the hedge fund operated by billionaire and Obama contributor George Soros is also benefiting. You might be wondering why we never see anything about this in the news. Most likely because like the groups such as the Council on Foreign Relations, Trilateral Commission and the Builderburg Group have many members who are either the owners and CEO's of news media corporations or anchors and journalists. And they develop financial sources at these meetings that they swear to protect and defend and keep qiet about what they hear and participate in these elitist meetings.
Obama’s claims were that Geithner’s “mistakes” were “innocent” or “common.” However, in addition to the tax evasion, there is also the matter of Geithner having maids and other "domestic employees" while not knowing whether they were legally in the U.S. and not bothering to check when the legal status of one of the housekeepers expired. We have not heard much about this fact either. This is the guy we have in charge of out national Treasury.
Obama praised Geithner’s appearance at a press conference last week, by saying, “He’s going to be terrific. I’m going to make sure that Tim gets his moment in the sun.” Appearing behind a podium that proclaimed, “Financial Stability and Recovery,” Geithner carefully read from a teleprompter and provided a “comprehensive” plan. It was not comprehensive in any way.It was such a bad speech, that the market dropped and commentators and Senators were practically speechless.
It would be a serious mistake to say that Geithner is incompetent. He knows exactly what he’s doing. Basically, he was doing what most of the government does these days. It keeps us in the dark about details because we the people "Can't understand" the details. They are in control, and this is the “New World Order” and we had better get used to it.
Is Geithner’s “plan,” such as it is, designed to fail? He may not have all the answers because he has not been told yet, what to do. Those orders come from China, the global elite and the international bankers. After giving non-answers to Congress, Geithner was getting ready to take off for a G-7 Meeting of Finance Ministers and Central Bank Governors in Rome, Italy. These foreign finance officials may determine the nature and fate of Geithner’s “stability and recovery” plan. These top finance officials include central bank governors, who play a role in what he media described as “economic coordination among the top industrialized nations.”
One key global player is China. “Geithner spoke late on Sunday evening with Chinese Vice Premier Wang Qishan,” Reuters reported. So, Geithner was talking to a Chinese official even before he outlined his “plan” to the American people and the Senate.
In a statement, the Treasury Department said that Wang and Geithner “agreed that strong cooperation on macroeconomic financial and regulatory matters was an essential part of the U.S. relationship with China and that it was important to sustain close dialogue, particularly at this time of global financial turmoil.”
Wang Qishan was honored last year at a dinner sponsored by the United States Committee on United States- China Relations, on whose board Henry Kissinger and Peter Geithner serve. Another speaker at the dinner was Bush Treasury Secretary Henry Paulson, Geithner’s predecessor.
Meanwhile, in her first trip abroad since taking office, Hillary Clinton will be traveling to Asia, including in China from February 20-22. The State Department explained that she will be discussing “common approaches to the challenges facing the international community,” including “the financial markets turmoil.” So both Geithner and Clinton will be attempting to persuade the Chinese so sign on.
The fate of America lies in the hands of other countries. Where do you think this is going to go.
Obama speaks of a possible catastrophe but he isn’t telling the American people the truth. His only idea is more debt and spending – the same policies that brought us to this crisis. He can only gain a little, by of getting foreign credit to pay for this spending spree, if the Communist Chinese and the rich Arabs agree. I don't know if they will or not. I have an idea that Obama will make it worth their while, and they will see the benefits enough that they will agree for a short time to bail us out. After that- welcome to the New World Order, where a small elite group tells you what you can and can not do- American Constitution be damned.
Next time, a closer look at our media, the fairness doctrine, and more ways in which this "stimulus plan" does nothing but stimulate the federal government, thereby taking more and more of our rights away.