Tag Archives: new world order

IMF Continues Call For Global Currency

Dominique Strauss-Kahn, the head of the International Monetary Fund (IMF), announced last week that the IMF is preparing to one day heed the call for a global reserve currency to take the place of the dollar.  This is worrisome considering that the Euro, which used to do better than the dollar, is tanking in Europe.  Strauss-Kahn in a speech said, “That day has not yet come, but I think it is intellectually healthy to explore these kinds of ideas now.”  The IMF has already moved to using a basket of currencies and plans to use that same method of special drawing rights to set up a global currency.  Last year, both China and Russia called for a move away from the dollar and Vladimir Putin even carried around a coin that he referred to as a new global currency. 

The nations of the world were locked together in a global economy after World War II to prevent a future world war.  Thus, whenever one country starts to falter, every country is affected.  The IMF was formed in 1944 at this time to oversee this global financial system. The IMF has grown from 45 original members to 186 countries.  One person’s idea of a global system to prevent war is another person’s way of implementing a new world order after a global economic collapse.

If you think that a global currency is far off in the distant future, than it is time to wake up.  There are organizations like the Single Global Currency Organization that are already pushing for a global currency to meet the demands of a global economy.  Their website states, ” The Single Global Currency Association was incorporated in June, 2003 in the U.S. State of Maine.  Morrison Bonpasse is the first President of the Association, with his term running through 2015.   He publicly declared his support for the Single Global Currency during his campaign for State Representative in 2002.” 

Paul Volcker, former Federal Reserve Chairman, actually made that statement for the need of a global currency.  Keep in mind that Volcker is the Chariman of President Obama’s Economic Recovery Advisory Board.  The systematic dismantling of America’s free market system by the government makes it very apparent that there is an effort to push the world into an economic emergency that would birth a new global currency.  And what better to run a global currency, than a global government?

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The Indoctrination Continues…

The government schools will not be happy until they have indoctrinated our children to the point of Hitler’s Youth.  The second song in this video reminds me of the black and white films I have seen of German children singing about their “lord” who is Hitler.  In the first song, the children sing, “He said red, yellow, black or white, all are equal in his sight, mmm, mmm, mmm, Barack Hussein Obama.”  I remember singing a similar song in Sunday School about Jesus.  Just a coincidence I’m sure.  And people think we are paranoid.  How many more of these videos need to surface for people to realize what is happening here.  If this had been Bush, people would have been breaking windows on the street and rioting.

Global World Order Rearing Its Head

The G8 Summit last week appeared to be a big zero in regards to moving forward any substantive agreements in regards to greenhouse gas emissions and hot spots in the world like Iran, but the world’s spotlight on Italy did reveal a growing movement towards some type of global world order.  For years, tinfoil-wearing conspiracy theorists have been scoffed at, but perhaps they have been slightly on the right track.  Pope Benedict wrote in an encyclical titled “Charity in Truth” that a “world political authority” was needed because of the worldwide economic recession and crisis.  The Pope went even further calling on a form of “redistribution” of worldwide wealth to help those most affected economically.  That sounds to me like a one world government with a one world economy.

Russian President Medvedev called for a supranational currency and even produced a prototype minted in Belgium in the form of a coin.  The words that the coin beared read, “Unity in diversity.”  The heads of the G8 delegation each received a coin.  Medvedev said that the coin “means they’re getting ready.  I think it’s a good sign that we understand how interdependent we are.”  Several countries from Brazil to China have been calling for a change from the dollar when it comes to reserve currency and the IMF seems to be complying with suggestions of a multi-currency reserve.

And we have a president who readily embraces such talk as he travels around the world apologizing for America and trying to make nice with all of our enemies, shaking hands with the likes of Hugo Chavez and Mohmar Khadafi.

British Prime Minister Brown On The New World Order

The British Prime Minister went there today – he made reference to the New World Order:

I do not know about you, but I do not want any part of these leaders or their plans for a sovereign America.  Unfortunately, our leader is ready and willing to throw over our freedom and Constitution.

More Bailouts Foreshadow Global Economic New Order

Today, we are hearing the name of the insurance giant AIG in the news once more after having received another government bailout.  The FED announced that AIG has been given an additional $40 billion.  That brings the total government (taxpayer) money paid out to AIG to $150 billion.  This is all on the heels of stories about AIG conducting expensive gatherings for salesmen and big executive bonuses.  And now the big American auto makers are begging Congress for their own bailout.  And Congress and President-elect Obama are talking about a second stimulus package for America.

STOP THE INSANITY!  We don’t have the money to be doing this kind of thing.  We have the currency because we’ve been printing it in overdrive, but there is no value behind it anymore.  It’s basically paper and ink.  And what is even more fearsome is that China, who has been the lender to the world, has had to issue their own economic stimulus package to the tune of $586 billion yesterday.  So what is really going on out there?

First, put on your tinfoil hat because I’m going there.  This next weekend there is going to be a summit called the G20.  The G20 is the same thing as the G7 or G8 except more nations are involved.  The prime minister of Britain will be speaking at this meeting and has revealed some of what he expects to discuss by saying, “The British Government … will begin to begin a new Bretton Woods with a new IMF [International Monetary Fund] that offers, by its surveillance of every economy, an early warning system and a crisis prevention mechanism for the whole world.”  Gordon Brown also claimed that Europe and the US must lead the move towards a “truly global society”.

Talk has also been spreading over the last few months of a move towards a one world currency.  In September, five of the six oil rich Gulf Cooperation Council – Bahrain, Kuwait, Qatar, Saudi Arabia and the United Arab Emirates – approved a proposal to create a monetary union.  Glenn Beck reported this last month about the rest of the world’s interest in one currency and a new world order:

I’ve done my share of study on Biblical prophecy.  I’m not sure where I stand on all the end-times scenarios.  Preterists believe that everything but Christ’s second coming has occured when looking at prophecy and history.  I can see the truth in that.  But I can also see the truth in a future fulfillment of prophecy that encompasses the Anti-Christ and a One World Government.  We will not know for sure until the time happens, but I believe in being prepared.  And I believe that we should watch these world events with an eye towards the future and what all these “baby steps” may mean.  I embrace the second coming of Christ and so I do look forward to a fulfillment of end times prophecy and yet, I want to be on this planet in this life for as long as possible so I plan on fighting some of these developments to the best of my ability.

We are truly in a time of much needed prayer.

New Plan Gives The Federal Reserve Even More Power

paulson_3.jpgToday, Treasury Secretary Henry Paulson laid out a plan that on the surface seems to be a good idea to protect the American worker, but upon further review this plan really gives the private central bank more power.  I know it gets redundant that I continually point out that the Fed is not a government agency, but can anyone tell me why this privately owned entity is given more oversight by the government and why it seems to be in charge of our entire economy.  Only a little while ago Ben Bernanke admitted that the Fed caused the Great Depression.  That should have been the first sign that this little arrangement the government has with private bankers needs to end.

The main points from Paulson’s speech and the fact sheet issued with the new proposal included some facts that are quite disquieting.  First, the Office of Thrift Supervision will lose its charter and have it transferred to a national bank charter, meaning the Fed will now have oversight of small thrift banks.  The Treasury also recommended that there be direct federal supervision of state-chartered banks.  What makes these banks state-chartered anymore if the federal government has oversight and supervision?  Also included is that the oversight regulators have, can be made more quickly and I assume that would make back door deals easier in the dead of night. 

The new structure will consist of a market stability regulator (that’s the Federal Reserve), a prudential regulator and a business conduct regulator.  But before you think that this only gives the Fed a third of the power you need to know the Fed would have authority to join in examinations with the prudential and business conduct regulators.  That means full oversight over everything.  Paulson did say in his speech that “the Federal Reserve would be provided with a different, yet critically important regulatory role with broad powers focusing on the overall financial system.”  I guess he was not kidding.  The fact sheet stated that the Fed had a previous more “limited, traditional role”.  I guess issuing all of our currency and lending money to everybody from banks to investment firms is considered limited

In case all this mumbo jumbo has bored you to tears and you are no longer paying attention, let me sum this up for you.  We’re screwed!  The Fed led us into one Great Depression and all the moves they are currently making are following in the footsteps of Japan’s not-so-distant economic collapse and now the government wants to give them even more power.  Soon they will control every aspect of the economy and be able to yo-yo it in any way they want.  Whoever controls the money controls us!  More regulation is not what our Founding Fathers had in mind.

The Federal Reserve Continues Its Move To Domination

bernanke.jpgbernanke.jpgbernanke.jpgjefferson“The central bank is an institution of the most deadly hostility existing against the Principles and form of our Constitutions…If the American people allow private banks to control the issuance of their currency, first by inflation and then by deflation, the bank and corporations that will grow up around them will deprive the People of all their property until their children will wake up homeless on the continent their fathers conquered.” -Thomas Jefferson

On March 16, the Federal Reserve sent out a press release that contained some information that did not get much attention.  Two of the items that were in the release that did receive press coverage were the Bear Stearns and JP Morgan Chase deal and the lowering primary credit rate cut.  The Market bounced over 400 points on that news.  The third part of the release is the most troublesome and that is that the Fed opened up its Primary Dealer Credit Facility and its discount window to investment banks that had not had this option before.  This basically allows investment banks to get loans on the cheap or as they call it, “At a discount”.  Usually only commercial banks are allowed to make this move and only if they are desperate.  The Fed wants to change the idea that these loans are only to be used as desperate measures and wants to prevent future meltdowns like Bear Stearns meltdown last week.  So should we be happy that firms have another source of funding or should this scare the Hell out of us?

Goldman, Sachs, Morgan Stanley and Lehman Brothers decided to give it a “test” run.  I think by “test” they mean they wanted to see if they could bilk the system.  Let me remind you that Goldman, Sachs and Lehman Brothers are two of the twelve firms that own the Federal Reserve.  So they are basically loaning money from the central bank to themselves from money they print out of thin air.

“The issuing power should be taken from the banks and restored to the people to who it properly belongs.”  – Thomas Jefferson

I went to the site http://frbdiscountwindow.org to see what types of collateral are required to take out these disount loans and here are the top four assets:

  1. Obligations of US Treasury
  2. Obligations of US government agencies and government sponsored enterprises
  3. Obligations of states or political subdivisions of the US
  4. Collateralized mortgage obligations  (I think there might be a few of these out there.)

Excuse me, but aren’t these all debt?  The rest of this list covers other loans such as consumer loans.  Okay, I’m not an economist, but when I look at this I see debt securing debt.  For example, Lehman Brothers took out a $2 billion loan and secured that loan at a discounted rate at the discount window.  I assume they used debt that is owed them as collateral.  I guess that means if Lehman Brothers doesn’t pay up, the Fed can go after those that owe Lehman Brothers money.  Do you see where this could possibly lead?  Just look at the mortgage crisis for instance.  Let’s say Countrywide realizes they are in big trouble and goes to the discount window for help.  They can get a short-term loan for cheap to carry them for a bit until people make their mortgage payments, but those mortgage payments default instead.  Then the Fed can now reasonably go after the collateralized homes and then own them.  I believe this is an example of what Jefferson was warning us about.  This flies under the radar.  We see Countrywide in trouble, but have no idea what that truly means.  I mean after all, only commercial banks with their little loans can do this – until now.

“We must not let our rulers load us with perpetual debt…And the fore-horse of this frightful team is public debt.  Taxation follows that, and in its train wretchedness and oppression.” -Thomas Jefferson

The Federal Reserve website says, “The Federal Reserve, the central bank of the United States, provides the nation with a safe, flexible and stable monetary and financial system.”  What exactly has been stable about either our money or the financial system?  All the little band-aids they put on the gaping wound cannot cover the problem.  The question then becomes, “Does the Fed really want to make our system stable?”  The instability of the financial system has brought down many an empire.  The American people are so dumb when it comes to money that they are playing into the Feds hand.  They fell into the traps set, quite handily, in the house financing system.  They continue to use credit cards with rising interests rates.  They buy things they cannot and may never be able to afford.  The idea of a possible future debtors prison should scare the crap out of them.  And don’t think it could never happen.

One of the Feds stated goals is to make money more electronic.  The Reserve Banks, which are divided into twelve districts, will reduce the number of full-service check processing locations from 45 in 2003 to 4 in 2011.  I wonder where we would keep this electronic record of our money – in a chip on a card that everyone is required to have?  I wonder…