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Title: EU Leaders Call for Global Currency
Source:
INFOWARS
URL Source: http://www.infowars.com/?p=5387
Published: Oct 17, 2008
Author: Kurt Nimmo
Post Date: 2008-10-18 02:51:42 by Rotara
Keywords: None
Views: 413
Comments: 17
If we are to believe the Washington Post, French president and current EU leader Nicolas Sarkozy has pledged to save us from nameless “freewheeling bankers and traders” who get the blame for the current economic crisis. Sarkozy, Gordon Brown, and EU honcho José Manuel Barroso are talking up an international summit to discuss an “urgent overhaul of the world’s financial architecture,” that is to say a new Bretton Woods to establish a brand spanking new international economic order. Sarkozy has managed to grab George Bush’s ear and he will travel to Washington on Saturday to lay the groundwork for a conference. In 1944, 44 allied nations met at a resort in Bretton Woods, New Hampshire, to fiddle with monetary standards, fix exchange rates, and create the IMF and World Bank. “Launching a remake of this old model — particularly in such a short time, with so many new participants — would represent a daunting challenge at any time, but particularly during the twilight of the Bush presidency and the crisis that is still jolting banks and stock markets around the world,” reports the Post. Sarkozy and the EU leaders would have us believe this new Bretton Woods will call for “globally coordinated regulation of the financial industry, elimination of tax havens and a compensation system in which traders are not rewarded for dangerous risk-taking,” among other things. It was the demise of Bretton Woods in 1971, insists European Central Bank president Jean- Claude Trichet, that led to the abandonment of regulation and subsequent market turmoil. “The explosion of the first Bretton Woods in a way could be interpreted as a rejection of discipline,” said Trichet, reports Bloomberg. Gordon Brown, the former Chancellor of the Exchequer, wants to fix that turmoil with a new spate of regulations aimed at international finance. On October 13 in London, Brown said “we must devise new rules for a world of global capital flows” just as the founders of Bretton Woods “devised rules for a world of limited capital flows.” “We now have global financial markets but what we do not have is anything other than national and regional regulation and supervision,” Brown lamented from Brussels. All of this is nonsense. It should be obvious by now the bankers engineered the current crisis in order to consolidate their hold on the global economy and all the talk about rogue traders, tax havens, and over-compensated executives is merely that — talk, or more specifically a sales pitch, a slick parlor trick devised to fool the commoners. Glossed over in all the corporate media coverage is the global elite demand that a global currency be established. “Europe wants to present a blueprint for a new worldwide currency system,” reports the AFP in the video here. “Another subject in tomorrow’s world is that of the great currencies,” Reuters reported Sarkozy musing on October 16. “How many should there be? What should the agreement between these great currencies be? Should we organize a discussion?” Any discussion would be purely academic, as the ruling elite long ago decided to force a global currency down our throats. In fact, a global currency is at the very core of their plan to dominate the world. Control money and you control the destiny of states, you eliminate national sovereignty. “The control of money and credit strikes at the very heart of national sovereignty,” A.W. Clausen, president of Bank of America once observed. As Georgetown professor and CFR historian Carroll Quigley noted, the goal of the banking families and their minions consists of “nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole… controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent private meetings and conferences.” It remains to be seen if the EU will realize its “solution” to the world economic crisis. In 2007, Robert Mundell, “the father of the euro,” noted that “international monetary reform usually becomes possible only in response to a felt need and the threat of a global crisis.” Certainly, the elite cooked up an appropriate global crisis, now they will engage in a full court press to establish a global currency and eventually a global government.
British Prime Minister Gordon Brown speaks to French President Nicolas Sarkozy during the financial crisis summit gathering Eurogroup heads of state and government at the Elysee Palace in Paris. At 55 seconds into this video, AFP reports on the prospect of a "worldwide currency system." 
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#1. To: Rotara, ALL, EVERYONE, THIS MEANS YOU (#0)
The far more "INSIDIOUS" aspect of the monetary changes is what's known as "Choice of Law". While the method of payment is the obvious aspect of a transaction the "choice of law" isn't as overt. The monetary aspect is generally what controls the LEGAL repurcussions upon a claim made by any of the parties to the agreement, and is how you and I have forfeited (well just you) our so-called CONstitutional rights. These guys are setting us up for an international legal system based upon an international currency or monetary scheme. Basically, here's how it works. Let's say you're in France and I'm in the U.S. We draw up an agreement/contract to do some business. The contract is to be paid in U.S. Dollars and unless we specify a "choice of law" in the contract (arbitration clause) disputes will be settled in U.S. Courts. We could opt for any number of "choices of law" ... like French Courts etc. The same thing is happening here in the U.S. to get around the Constitution. The usage of FRNs combined with the contract or agreement (licenses, permits etc.,) allows the courts to presume you have opted into COMMERCE and the "place" where you're doing this is the "federal zone". THE STATE OF TEXAS (or any all caps STATE) is a commercial subsidiary of Washington D.C. (along with ALL OF THEIR AGENCIES). The "choice of law" in the "federal zone" is law merchant or maritime law. It is completely voluntary to enter commerce. Coercion vitiates contracts. One MAY NOT BE COMPELLED INTO COMMERCE. So, in reality even though you have a driver license, and tags etc., that doesn't mean you continually OPERATE in COMMERCE everytime you're on the road. You might be traveling instead. Operating in commerce upon the public roads IS A PRIVILEGE. You cannot be compelled to accept a privilege either. So, you might have a license just in case you decided to operate in commerce sometime. The easiest example to show a judge is: Point out that there are two people presenting a case before the court. One is licensed and the other is not. One is a hired gun (contract agent / hired gun) the other (you) isn't. Both are conducting the same act. One must be licensed because he/she operates for commercial benefit the other out of unfortunate circumstance but not for filthy lucre. Anyway, the PTB are intent upon drafting us into a global government that might have to have a Constitution to begin with, but they can circumvent it by getting us to use their monetary system and contracting into their CHOICE OF LAW, wherein most will not see that they have volunteered into it.
Under a government which imprisons any unjustly, the true place for a just man is in prison. Henry David Thoreau
Want to create an international/worldwide currency? Fine. Establish a gold Dinar of 4.25 grams of 22k gold. Establish a silver Taler containing 0.75 oz of silver. (German talers of the 19th century sometimes had about .7504 oz) Sterling, 90%, 80% -- doesn't really matter. Don't set any ratio between the Dinar and the Taler. Allow free minting of such coins, by private sources as well as governmental. Allow people to bring in their gold or silver, and leave with coinage, as was the practice of the US mint for many years.
The U.S. Constitution is no impediment to our form of government.--PJ O'Rourke
Related: WALL STREET MONSTERS & MEAT (YOU) Excerpts: Note the bolded green sentence in the last paragraph. HIDDEN USGOVT COUP BY WALL STREET The USCongress has been subverted by intimidation and ignorance, maybe bribery. Regulators and law enforcement bodies are mere accomplices. The entire US banking system has undergone an unprecedented grand nationalize initiative, including the financial system, when considering the mortgage and insurance giants. The total bailouts are huge when put into perspective. This is a hidden coup, complete with deep fraud, corruption, and ruin for both prosecutors and whistle blowers. The USDollar is caught in the middle of a black hole scrambled with fraud. Paulson is the new Chancellor of US Inc, Bernanke the new Currency Lithography Manager, and Sheila Bair the Investment Banker (a la Goldman Suchs). Paulson assumes all powers over the financial state from the president, via the banking industry control. The government bailout redemption of $trillion past fraud closes the loop. Bernanke manages all efforts to use printed money for the purpose of buying worthless counterfeited and fraud-laced bonds, buying commercial bonds and posted collateral among businesses, as well as making printed paper products available to foreign central banks in relief of past fraud. The coup formalizes a climax to a Ponzi Scheme. A pyramid scheme is a non- sustainable business model that involves the exchange of money primarily for enrolling other people into the scheme, without any product or service bearing true value delivered. With the ongoing steadfast support offered by Alan Greenspan, they were able to maintain an incredible Ponzi scheme. The two key ingredients for the Ponzi Scheme are a mythological ideology and a high priest to endorse the game from a credible pulpit. Alan Greenspan claimed legitimacy of the US banking system, blessed credit growth and fractional bank practices as beneficial, and praised risk pricing systems using credit derivatives as sophisticated. The high priest used to be Greenspan, but now a tag team has replaced him. The lies, deceit, backroom pressure, and fleecing of the American public is deep.....Intimidation of the USCongress has been huge and powerful, similar to when the Patriot Act was passed in 2002. The Congress was actually threatened by martial law in the cities of the United States if the big bailout package was not passed two weeks ago! This was not reported on CNN or CNBC, but C-Span did cover it. The mobilization of the USArmy for civilian control is well known in the past couple weeks. See the Third Brigade back from combat duty in Iraq. This account came from Rep Brad Sherman of California. To achieve supposed financial stability, the nation succumbed to totalitarianism by Wall Street thieves, conmen, fraud kings, and criminals. Instead, the bailout only covered up $trillion fraud. My position has been very stable and consistent, that such tactics are typical characteristics of the Fascist Business Model. The state merges with the large corporations, who proceed to terrorize the citizenry after unspeakable protected corruption and theft. To object is to be labeled unpatriotic! The top-down approach used to date aids the wealthy bankers, while the homeowners are denied aid. That aid is promised but rarely arrives. The fundamental problem here is that billion$ are devoted to shore up insolvent banks, to redeem their worthless (or nearly worthless) bonds, and to give a giant pass to the executives. Trust has eroded throughout the system. Banks distrust each other’s collateral. The result is that eventually the USEconomy will enter not a recession, not a depression, but a DISINTEGRATION PHASE. To expect a top-down solution that actually relieves the housing inventory logjam is insane. That is like feeding a teenager with meals placed inside the human rectum, expecting nutrients to find their way to the rest of the body! The credit mechanisms do not travel upward within the pyramid, but rather in the downward direction, starting with a borrower, a good collateralized risk, and an underwritten loan, when plenty of lending capital is available. The US public has bought this stupid ‘Trickle Down’ philosophy for years, learning nothing. The USEconomy is on the verge of collapsing. Short-term credit is being denied at key supplier intermediary steps, soon to result in recognized disintegration. This USEconomic failure is in progress and is unstoppable. GOLD & SILVER AWAIT THEIR EXALTED STATUS We are witnessing the disintegration cited in my recent forecasts. It is a systemic failure, marred by lost confidence and trust in the entire financial system. Expect foreigners soon to pull the rug from under the American syndicates in control. Several key meetings have already concluded, totally unreported in the US press, which occurred in BerlinGermany. Consider it the Anti-G7 Meeting. Implications are profound, and involved the Shanghai Coop Org tangentially, since its member nations possess so much new commodity supply. Consider it the Anti-NATO group. An important and powerful alternative financial system is soon to spring into action, including high-level bilateral barter. Those who expect the current US Regime to continue their financial terror are in for a big surprise. Expect defaults in the COMEX with gold & silver, whose prices for paper vastly diverge from physical, to the anger of foreigners watching. They hold massive precious metals assets. Disparities now contribute to powerful forces, sure to break the current system. Grand systemic changes come. THE RESULT WILL BE A BREATH-TAKING DISCONTINUITY EVENT. Ironically, the more inner anguish felt on the falling gold & silver prices, the closer we are to a new financial framework, with the USDollar relegated to a Third World role. A REPLACEMENT GLOBAL RESERVE CURRENCY HAS ALREADY BEEN DECIDED UPON. Its launch awaits the proper moment. The Americans are last to know, as usual. The US leaders are under the illusion of being in control!
Do You Know What Freedom Really Means? Freedom4um.com
How very interesting ! The key to our laws and therefore our servility to tyrants is the "money" ... (and the good book warned us ages ago that the love of money is the ROOT of ALL evil.)
Under a government which imprisons any unjustly, the true place for a just man is in prison. Henry David Thoreau
Fascinating, challenging and direly disgusting all at the same time, ain'tit? Excellent contributions to this thread. Are most people around here resigned to what's going down or just not interested in talking about it? Other? A hand full of posts for even fewer posters. Well, good onya for knowing the score.
"If you love wealth more than liberty, the tranquility of servitude better than the animating contest of freedom, depart from us in peace. We ask not your counsel nor your arms. Crouch down and lick the hand that feeds you. May your chains rest lightly upon you and may posterity forget that you were our countrymen.”—Samuel Adams
all of the above. (aftermath of the Ron Paul exit)
Do You Know What Freedom Really Means? Freedom4um.com
Harmon Taylor, the ex-attorney out of Dallas, was cited for No Driver License some time back. He is litigating the matter at this point based upon "choice of law" funny money ie., FRNs and compelled participation in commerce. I'm receiving his documents in pdf format and don't know how to change them into some other form where I could post some on the forum. Can someone help ?
Under a government which imprisons any unjustly, the true place for a just man is in prison. Henry David Thoreau
Ron's withdrawal on the very day of his Texas Convention in Houston was untimely and difficult to understand. I know I'm rather cynical and not privy to reading his mind, but this act caused me to rethink my own support for him like I think Ferret Mike will do with regard to Obama. Anyway, yes, Ron Paul's withdrawal took the wind out of the freedom movement's sails in my opinion.
Under a government which imprisons any unjustly, the true place for a just man is in prison. Henry David Thoreau
I'll cop to a degree of resignation and continue to work on our personal situation and prep for whatever the future may bring. Helping raymondfrank.com get elected sheriff of Travis county is part of the plan.
Great idea ! Get it done !!!
Under a government which imprisons any unjustly, the true place for a just man is in prison. Henry David Thoreau
A hand full of posts for even fewer posters. under "other"... this is not news, especially considering the source... jones has been beating this horse for years, and he just doesnt have much credibility, anyhow, given his positions on global warming and peak oil, which are the positions of the AEI/exxon propaganda machinery.
...and before you jump on me, it's not my problem: it's alex jones' problem.
Check out foxitsoftware.com for their free .pdf tools. I got rid of all Adobe products on this machine.
Thanks Lod, but I don't like to sign up for stuff ... I'll bet I can find something else.
Under a government which imprisons any unjustly, the true place for a just man is in prison. Henry David Thoreau
Years ago it was hard to believe it was happening. Could I really buy insurance that pays off when a security defaults when I don't own that security? Seems hard to imagine but it was true. Could I contract insurance policies and then sell the policies themselves (including the obligation to pay upon defaults) to a third party whenever I felt like it? Astounding but true. Consider this scenario (which I wrote up earlier today) Joe's plumbing business has grown and provided him with lots of capital and a good cash flow, so he decides to sell insurance. Joe's neighbors can now buy insurance from him on loans they make to other neighbors' businesses. For example Mary could loan Bob some money for his lawn mowing business which he uses to buy equipment and pays Mary back from his revenue. Mary buys insurance from Joe in case Bob goes out of business, then Joe would pay what Bob owed to Mary. Joe calculates that risk and sets the premium which fluctuates based on the risk. Next Joe figures out that he has more risk than he wants so he starts selling the risk. Sam comes along to buy it receiving the payments from Mary. Now if Bob defaults Sam owes Mary whatever Bob owed her. Joe may or may not have checked Sam's balance sheet before selling him the synthetic CDO, but is now Mary's problem not his. Next some people who know Bob become convinced that Bob really will go out of business so they buy more insurance. The rates increase as Sam perceives more risk, but are still affordable. In reality Sam would not set the risk premiums, rather they would be set by the special purpose entity that Joe set up when he sold the CDO's. The bottom line is that people are now betting on Bob's failure. In the political arena, Bob and Sam expect something from the government. Not that the government would care about whether Bob's customers get their lawns mowed, but that Bob's creditors get their expected payments. This creates a political uncertainty: will the government step in to bail out Bob if his business shrinks or will they allow him to liquidate and default on his credit obligations. The government probably realizes that if Sam is required to pay his credit default obligations, it will wipe out his business (he would have to sell the assets) and cause an undesired economic ripple effect. Meanwhile the market for CDS means that people other than Mary (who is the only person Bob actually owes money to) may have sold their expected default payoffs for a profit on the public knowledge of Bob's troubles along with uncertainty about a government bailout. But they are also selling the requirement to pay premiums along with the potential for a payoff. Tom also has a business with obligations and other parties have sold credit default insurance for those obligations. The government decides that the moral hazard of keeping all such creditors from liquidating is outweighing the immediate benefit of doing so. (The moral hazard misprices the default insurance, typically making it too cheap). So they let Tom default. Immediately all the speculators who bought policies on Bob's default have to start paying a lot more for their premiums. Their cash flow dries up and they may go under. But the expected value of the insurance payoff should go up to compensate for the added premiums, but unfortunately the market for the policies has now dried up and they are stuck with them. The bottom line for them is they lose no matter what happens which is good comeuppance since they were just speculating, but bad for the system as a whole because it exacerbates the economic downturn. This simple scenario does not even include the leverage used to buy such financial vehicles. That means money loaned by banks so that the speculators (typically hedge funds) could buy $1 of CDO assets with just 10 cents and borrow the rest. When the market dries up their asset is worthless but they still owe the money, causing yet another blow to the balance sheet of the banks The bottom bottom line is our financial system has been destroyed. The effects will trickle down in the form of much higher interest rates (if we are very lucky) or destruction of our savings and long term investments along with the economy. So far Bernanke is choosing to destroy the currency in a vain attempt to prop up the debt pyramid.
Money problems do not come from a lack of money, but from living an excessive, unrealistic lifestyle
it's my feeling that the destruction of the currency has been long orchestrated and bernanke's fulfilling his role. see Jim Willie's latest: www.gold-eagle.com/editorials_08/willie101608.html excerpt: We are witnessing the disintegration cited in my recent forecasts. It is a systemic failure, marred by lost confidence and trust in the entire financial system. Expect foreigners soon to pull the rug from under the American syndicates in control. Several key meetings have already concluded, totally unreported in the US press, which occurred in BerlinGermany. Consider it the Anti-G7 Meeting. Implications are profound, and involved the Shanghai Coop Org tangentially, since its member nations possess so much new commodity supply. Consider it the Anti-NATO group. An important and powerful alternative financial system is soon to spring into action, including high-level bilateral barter. Those who expect the current US Regime to continue their financial terror are in for a big surprise. Expect defaults in the COMEX with gold & silver, whose prices for paper vastly diverge from physical, to the anger of foreigners watching. They hold massive precious metals assets. Disparities now contribute to powerful forces, sure to break the current system. Grand systemic changes come. THE RESULT WILL BE A BREATH-TAKING DISCONTINUITY EVENT. Ironically, the more inner anguish felt on the falling gold & silver prices, the closer we are to a new financial framework, with the USDollar relegated to a Third World role. A REPLACEMENT GLOBAL RESERVE CURRENCY HAS ALREADY BEEN DECIDED UPON. Its launch awaits the proper moment. The Americans are last to know, as usual. The US leaders are under the illusion of being in control!
Do You Know What Freedom Really Means? Freedom4um.com
You can download Open Office 3 and then search their site for a PDF plug-in which will allow you to open, edit, and resave PDF's in OO3 .odf format or the "standard" .doc format.
"What began in Russia will end in America."- 1930, Elder Ignatius of Harbin, Manchuria.
#2. To: Rotara (#0)
#3. To: Rotara, noone222, DeaconBenjamin, Kamala, Esso (#0)
#4. To: christine (#3)
#5. To: noone222, Christine (#4)
(Edited)
#6. To: Rotara (#5)
Are most people around here resigned to what's going down or just not interested in talking about it? Other?
#7. To: christine, Rotara, nevermind everyone else (#6)
#8. To: christine (#6)
(aftermath of the Ron Paul exit)
#9. To: Rotara, all (#5)
Are most people around here resigned to what's going down or just not interested in talking about it? Other?
#10. To: lodwick (#9)
Helping raymondfrank.com get elected sheriff of Travis county is part of the plan.
#11. To: Rotara (#5)
(Edited)
Are most people around here resigned to what's going down or just not interested in talking about it? Other?
#12. To: Rotara (#5)
#13. To: noone222 (#7)
#14. To: lodwick (#13)
#15. To: Rotara (#5)
Are most people around here resigned to what's going down or just not interested in talking about it? Other?
#16. To: purpleman (#15)
So far Bernanke is choosing to destroy the currency in a vain attempt to prop up the debt pyramid.
#17. To: noone222 (#14)
Thanks Lod, but I don't like to sign up for stuff ... I'll bet I can find something else.
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