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Ron Paul Warns Of Secret Plans To Create International
Central Bank
Says plans will remain under wraps until government and
banking elite see fit
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Texas Congressman Ron Paul has warned that international forces
are planning the creation of a global central bank that will see
a new fiat monetary system come to dominate the world economy.
The 2008 presidential candidate also warned that
Barack Obama's administration will only represent a change in
faces and not in policies.
Speaking about the recent G20 meeting Paul told
Russia
Today:
"I think something will come of it but you
probably didn't hear about it yet. There was some pomp and ceremony
that the public knew about, but behind the scenes they were talking
about the future and what they are going to do to try to internationalize
all regulations, going in the opposite direction of free market
and more towards international regulations. I'm sure they even
talked about an international central bank."
Paul also pointed out that global bankers have been
holding their own talks on the same matter:
"At the same time the G20 was meeting, we also
had the central banks meeting in Europe. Bernanke was over there,
and they are doing the same type of planning, so real planning
will not be out in the open, until they want us to know about
it." the Congressman said.
"The system that we have today where the fiat
dollar is a reserve currency of the world, it's losing that status
and they have to replace it. Hopefully they'll have enough sense
to realise that another international agreement along the Bretton
Woods will be no more successful than the last one." Paul
continued.
The Congressman argued that more regulations administered
by central banks, rather than placed on to central banks, represents
a dangerous move away from the free market.
"We could restructure by getting rid of all
the central banks, then you would have honest money come up because
nobody could commit fraud. Governments get away with committing
fraud - that's what fiat money is." Paul commented.
(ARTICLE CONTINUES BELOW)
The Congressman warned that an Obama presidency
offers no alternative to the economic policies that have led the
U.S. and the world to the brink of economic meltdown. Paul Described
the kind of change Obama offers as:
"Just change in faces and change in party labels.
Both parties represent the same special interests, they both have
to represent big business. Obama's supposed to be a man of the
people, well he collected $750 million, more money than anybody
else ever collected. Wall Street supported him, the media supported
him, all the big money supported him, so his change is not going
to be much change at all. He's not talking about changing monetary
policy, the Federal Reserve or getting rid of the income tax or
bringing our troops home."
Paul also commented that he does not believe Obama
will withdraw troops from Iraq and pointed out that he has never
said he will close down the military bases throughout the country
and eliminate the huge embassy in Baghdad.
"Policy will remain interventionist,"
the Congressman warned. "We will remain in the middle east
and we will not be coming home, we'll stay in Korea, we'll stay
in Europe, we'll be in eastern Europe, we'll be doing all these
things. Even though Obama benefited tremendously from 'change',
all we are changing is the face of our government."
Paul also warned that the stage has been set for
fresh terrorist attacks in the U.S. as a consequence of a sustained
interventionist foreign policy.
Watch the entire interview here.
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