UN & IMF Back Agenda For Global Financial Dictatorship

Paul Joseph Watson
Prison Planet.com
Friday, March 27, 2009

Both the IMF and the United Nations have thrown their weight behind proposals to implement a new world reserve currency system to replace the dollar as part of the acceleration towards a global financial dictatorship, in the same week that Treasury Secretary Timothy Geithner told CFR globalists that he was “open” to the idea.

As we reported yesterday, Timothy Geithner initially renounced a Chinese and Russian proposal to supplant the dollar with a new global currency, but he later told CFR elitists, who have consistently lobbied for a global currency as part of a wider agenda for global government, that he was “open” to the idea. Indeed, before Geithner was appointed by Obama when he was still president of the Federal Reserve Bank of New York, he argued for a new global central banking system shortly after attending the 2008 Bilderberg meeting.

Now the U.N. and the IMF have thrown their weight behind the move and reports indicate that the matter will be a major point of discussion at the upcoming G20 conference, with officials having initially dismissed speculation that a global currency would be on the agenda.

“A UN panel of expert economists pressed Thursday for a new global currency reserve scheme to replace the volatile, dollar-based system and for coordinated steps by rich countries to stimulate their economies,” reports AFP.

“A new Global Reserve System — what may be viewed as a greatly expanded SDR (Special Drawing Rights), with regular or cyclically adjusted emissions calibrated to the size of reserve accumulations, could contribute to global stability, economic strength and global equity,” the panel said.

In addition, “IMF managing director Dominique Strauss-Kahn said that talks on a new global reserve currency to replace the US dollar were “legitimate” and could take place “in the coming months,” according to the report.

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UN & IMF Back Agenda For Global Financial Dictatorship obama 340x169

As we have repeatedly warned, the introduction of a new global currency system is a key cornerstone in the move towards global government, centralized control and more power being concentrated into fewer hands.

The swift and ruthless exploitation of the economic meltdown on behalf of globalists and central banks who caused the problem in the first place revolves around their drive for a global monetary union, which is a directive coming from the very inner core of the CFR and the Bilderberg Group.

The Federal Reserve is already is a private organization and as such unaccountable to the American people. A global central bank, which is effectively what a new global reserve currency system will create, will establish a de facto financial dictatorship which will wield power over the economies of every country on the planet with no accountability whatsoever.

The ruling elite resolved long ago 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.”

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.”

That very crisis arrived shortly after, providing the elite with the perfect opportunity to ram through a massive program of financial centralization by posing as the saviors - when they created the problem in the first place.

The very actions of the elite will continue to worsen the financial crisis, providing the necessary political capital for them to institute what they had planned all along - a new global currency for the global government that they plan to implement thereafter.

http://www.prisonplanet.com/un-imf-back-...rship.html

GORDON Brown yesterday forced the world’s richest countries to stump up $1TRILLION to kick-start global growth.

He strong-armed America, China, Japan, the EU and nations from across the planet into historic action at a gruelling G20 summit.

And afterwards the Prime Minister declared: “This is the day the world came together to fight back against the global recession — not with words, but with a plan for global recovery and reform.”

He added: “I think a new world order is emerging with the foundations of a new progressive era of international co-operation.”

US President Barack Obama, who attended the summit in London’s Docklands, hailed it as “a turning point in our pursuit of global economic recovery”.

He compared the G20 leaders to doctors dealing with a difficult case, saying: “We have got a sick patient — I think we applied the right medicine. I think the patient has stabilised.

“There are still wounds that have to heal and still emergencies that could arise. But I think that we have got some pretty good care being applied.”

The $1 trillion deal — equal to £700 billion and intended to bring the world out of recession next year — will see a huge injection of cash from rich countries into the International Monetary Fund.

They will then offer one-off, no-strings-attached loans at super-low interest rates to emerging countries from eastern Europe, Africa and Asia.

In turn, they will start buying Western exports, which will ensure the world’s economy will breathe again.

There will also be a fund for trade to ensure that businesses are able to borrow more easily.

The PM won a standing ovation from world leaders after securing the deal yesterday.

He promised the G20 action plan will ensure all countries are well on the road to recovery by the end of next year.

He said world industrial growth would be heading back towards its usual four per cent by then — despite IMF predictions of just two per cent.

Mr Brown — who, like movie villain Dr Evil had demanded a vast sum to avert world catastrophe — said: “These actions give us confidence that the global economy can return to trend growth even faster than the IMF is predicting.”

The Premier refused to take personal credit for the deal, despite jetting 50,000 miles around the world persuading leaders to back him in recent weeks.

He said: “This is an example of the world actually working together. This is a collective action of people around the world working at their best.

“These decisions, of course, will not immediately solve the crisis. But we have begun the process by which it will be solved. Today the largest countries of the world have agreed a global plan for recovery and reform.

“The issues people thought divided us did not at all. There was substantial agreement on the need to do whatever is necessary to return to growth.”

Mr Brown said the increased cash for the IMF included $40billion dollars from China, $100billion from the EU and the same from Japan.

The total package — added to the amount countries have already pumped into their economies — totals $5trillion.

The world leaders, among them Italian Prime Minister Silvio Berlusconi and Russian President Dmitry Medvedev, also agreed to name and shame countries which close their doors to foreign competition to protect home-grown jobs.

And there was a massive crackdown on nations which provide tax havens.

They will be put on a trade blacklist. New rules governing bank pay were also agreed to prevent fatcats pocketing giant bonuses without achieving profits.

Last night the FTSE soared at the end of business as markets learned news of the breakthrough deal.

Labour aides expect Mr Brown’s blueprint — and his hosting of Mr Obama — to give him a polls boost.

Mr Obama, who told world leaders he was the “new kid on the block”, praised Mr Brown for ensuring “relatively few hiccups”. Mr Medvedev called the atmosphere at the capital’s Excel Centre “businesslike”.

He said: “I feel that Gordon has dedicated all his heart to that. He has helped to create a substantial declaration.”

Mr Brown handed Brazil’s president Luiz Inácio Lula da Silva a David Beckham England shirt in a bid to boost our bid to host the 2018 World Cup.

RIOT cops clashed with hundreds of protesters in Strasbourg yesterday ahead of a NATO summit of world leaders.

The police fired rounds of tear gas and rubber bullets to try to disperse the crowds, and arrested around 200 of the demonstrators.

Police say they fear there could be more violence over the next two days both in France and nearby Germany.

As in London, Barack Obama and Gordon Brown will head the list of big names, with France putting 6,200 elite CRS riot police on duty.

They want the IMF to "regulate" the Federal-Reserve now.

:o :o :o