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Misdirected "Bailout Rage" Sets Pretext
For New Financial World Order
Greedy Wall St Execs are flotsam jetsam compared to
global banking elites
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 A
so called "bailout backlash", a huge rise in public
antagonism toward banks and Wall Street, is set to provide the
Obama administration and the governments of the G20 nations
a pretext to usher in a new era of international centralization
and control over financial practices and institutions.
The backlash or "bailout rage" as others
have dubbed it, has been further heightened by revelations regarding
AIG's
squandering of almost $100 billion in taxpayer
rescue funding - which it siphoned off to Goldman Sachs and
a number of European banks - in addition to the company's plan
to continue issuing massive bonuses to the people in the very
division that were responsible for it's spiraling derivative-driven
downturn.
The intention to use such practices to push for
increased authoritative regulation is clear.
"Mr. Obama’s advisers argued that to
at least some extent, this was a sentiment they could tap to
push through his measures in Congress," reported The
New York Times yesterday.
However, the Times article also highlights the
fine line that Obama and other heads of state must tread in
utilizing such backlash for their own gain.
"The danger, aides said, is that if he were
to become identified as an advocate for the banks and Wall Street,
people could take out their anger on him."
This is the stumbling block that must be overcome
in order to uncover the real solutions to the induced global
financial collapse.
While the practices of those at AIG, Goldman Sachs
and their ilk are abhorrent, they represent a mere drop in the
ocean compared to the actions of our governments and their central
bank bedfellows, who have provided for such circumstances in
the first instance anyway.
The Federal Reserve still refuses to answer specific
questions about where
$2 trillion in bailout funds has gone, a subject
that Bloomberg News sued the Fed simply to try and discover.
Staggering
scenes unfolded two weeks ago at a Senate budget
Committee meeting when Federal Reserve Chairman Ben Bernanke
arrogantly refused to state where any of the bailout money had
gone despite repeated questioning by U.S. Senator Bernie Sanders.
The economic “stimulus” is the latest
phase of an overarching effort to foment another Great Depression,
or rather a Greater Depression. It is a debt and inflation tool
designed to pump up another bubble in the economy. It is a built-in
demolition of an already stressed economy. It is how the global
elite and the banksters will take control and create a world
banking empire and one-world government that is accountable
to no one.
It is blatantly apparent that Obama is merely
one of the select frontmen for this, an
agenda which is truly global in scale.
(Article continues below)
As we have previously
highlighted, the elite have exploited the problem
that they created to push for increased regulation of the world
economic system in the pursuit of a de-facto global financial
dictatorship.
The swift and ruthless exploitation of the economic
meltdown on behalf of globalists and central banks revolves
around their drive to move towards a one world currency system
and an unprecedented centralization of global financial power,
a fact that financial
analysts are finally beginning to realise.
Last week Ben Bernanke told
an elite gathering at the Council on Foreign Relations
that a new overarching financial authority should be created
and empowered with sweeping new regulatory responsibilities.
Such a suggestion echoes that of über
elitist Paul Volcker, an Obama adviser and former
Fed chairman, who has consistently called for regulatory crackdowns,
along with other members of the elite Group of Thirty and the
Trilateral Commission.
During Volcker’s address at the Columbia
University’s Center for Capitalism and Society last month,
he said only new forms of international financial regulation
will save us from the yawning catastrophe. “All banks
must be supervised and regulated, but those of systemic significance
around the world, which, almost inevitably… are international,
they’re not just national, will be subject to a particular
layer of supervision,” said Volcker.
British Prime Minister Gordon
Brown, EU heads such as Joaquin Almunia and establishment media
outlets like the Wall Street Journal amongst many others have
all continually used the economic crisis as an
excuse to argue for greater financial power, a “new world
economic order” in which control is concentrated
into fewer hands - with the IMF and the World Bank enjoying
the spoils.
UK
Business Secretary and top Bilderberg member Peter Mandelson
has also pushed for a “Bretton
Woods for this century,” to help build the “machinery
of global economic governance”.
Former UK Prime Minister Tony
Blair, German Chancellor Angela Merkel and French President
Nicolas Sarkozy all
made the same appeal at a conference
in Paris on the future of capitalism earlier this year.
Merkel called for the creation
of a new global economic body under the UN, similar to the Security
Council, to judge government policy.
Sarkozy called for a “new
world, new capitalism” during his speech, as he commented
“In capitalism of the 21st century, there is room for
the state.”
Meanwhile, Blair called for a new financial order which he
said should be constructed upon “values other than the
maximum short-term profit.”
More of the same appeals are set to be made this weekend at
the meeting of the G20 in England.
The globalists created the problem of wildly irresponsible
fractional reserve banking, the debt bubble and the credit crunch
by ceaselessly inflating the money supply and now they are offering
their solution to the crisis by posing as the saviors and promising
to fix the crisis, but only if complete control of the global
financial system be signed over to them.
As
Ron Paul, Peter Schiff and their ilk have tirelessly argued,
the only way to solve the financial crisis is to allow incompetent
banks and companies to fail, not to reward their misdeeds by
giving them billions in taxpayer money. The only way to re-capitalize
the world is to provide incentives for people to work hard and
save money, not by creating more credit out of thin air, which
is what caused the problem in the first place.
The globalists’ call for a centralized global
economic order has nothing to do with providing solutions to
the crisis but everything to do with providing themselves with
more power and control over the world's financial system.
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