Liberty and Accessibility

Friday, August 17, 2007

is global government coming soon?

50% chance there is going to be a 1929 style economic depression as
pretext for regionalization, globalist interests | August
15 , 2007
Steve Watson
Alex Jones was joined on air yesterday by investigative journalist,
economic expert and Harvard Doctor of Political Science Jerome Corsi
for an in depth discussion on the state of the economy and the
engineered decline towards regionalization and a globalized monetary system.
Corsi warned that the crisis in the stock market we are currently
witnessing is simply the tip of the iceberg and part of an overall
meltdown that represents a gutting of the United States by
neo-mercantilist institutions bent on the formation of a new global monopoly.
"We're gonna go through Stagflation, which is basically stagnation and
inflation. We are already in a recession, it just hasn't been publicly
declared yet. I think it will deepen through the rest of 2007 into
2008. Corsi stated.
"It's going to last several years, it's largely because we've lost so
much of the manufacturing to China, even when our currency tanks, there
are no exports we are producing anymore that will gain. The currency is
gone, it is being sold off very quietly, worldwide, by the oil
producing states, by China, the Euro is increasingly becoming our
foreign exchange reserve currency.
The primary indices of inflation have been taken out of the indexes,
food is not in and neither is energy prices. These two are going up
hugely right now and are going to continue to go up."
Corsi warned that this is going to be the formula for producing the
Amero, a continental solution to the tanking of the Dollar.
Listen to the entire eye opening interview here .
Last September Corsi received the first documents pertaining to a FOIA
request asking for full disclosure of activities towards creating a Pan
American Union .
The documents show that a wide range of US administrative law is being
re-written in stealth under the Security and Prosperity Partnership
program to "integrate" and "harmonize" with administrative law in
Mexico and Canada, just as has become commonplace within the EU.
The documents contain references to upwards of 13 working groups within
an entire organized infrastructure that has drawn from officials within
most areas of administrative government including U.S. departments of
State, Homeland Security, Commerce, Treasury, Agriculture,
Transportation, Energy, Health and Human Services, and the office of
the U.S. Trade Representative.
Corsi also reported that at a recent high-level confab in Banff, an
assistant U.S. secretary of state, Thomas A. Shannon , chaired a panel
that featured a presentation by Prof. Robert Pastor, author of a book
promoting the development of a North American union as a regional
government and the adoption of the Amero as a common monetary currency
to replace the dollar and the peso.
Just a conspiracy theory? Not according to leading economists such as
Steve Previs of Jefferies International who stated on CNBC , "I think
one thing for people who are dollar based need to focus on is the
Amero, that's the one thing that nobody is talking about that I think
is going to have a big impact... on everybody's life in Canada, the
U.S. and Mexico..."
A global crash and a totally devalued dollar that can barely rival the
peso are greasing the skids for a single North American currency. This
spells disaster for all Americans who wish to maintain their standard
of living and not find themselves barefoot on the street in a bread queue.
Corsi went on to forecast a five to seven year deep recession:
"We will not recover from this for at least five years. If people think
that housing values are dropped today it's nothing, housing values are
going to go down fifty percent or more from the peak. We're going to
come to a point when condominiums in certain markets are worthless.
It's not that there won't be buyers out there, there just won't be
credit for them. You're going to have a credit crunch now, where even
if you're qualified you're going to have to have 20% down and even then
you might have a hard time getting a loan at a reasonable rate for a house."
Corsi urged anyone in the position to do so to quickly pay off any
mortgages and get out of debt. Secondly he suggests investment in gold,
rather than stocks and bonds which are based on fiat money and are
going to decline tremendously in value:
"The derivative market could be a 450 trillion worldwide market that is
going to collapse. Just in the hedge funds alone in the United States,
and in the mortgage market there is between 3 and 5 trillion dollars of
debt that is going to collapse. That means three to five trillion
dollars of losses. Somebody is going to have to absorb that and the
reason that the federal reserve is throwing out so much money into bank
reserves is because we would've already had bank failures."
Dr Corsi also warned against the school of thought that says if you get
a bigger mortgage, as long as you have savings to pay for it, you can
accelerate the pay off of it with inflation. He stressed that unless
you have a long term fixed rate mortgage and you fully understand the
terms of your contract you could at any point be subject to a change in
terms and the loan could be called in:
"There is going to be a grab on this property by people who have cash,
and that's not going to be the middle class. People will lose their
homes if they have large mortgages that they cannot comfortably sustain
or pay off.
There's going to be a grab where the institutions and the people
already wealthy will only gain, it's not going to be an opportunity for
the average person to gain."
Corsi also asserted that the ongoing meltdown is a global one and it is
going to be very severe, forcing regionalization and providing the
impetus to saying harmonization of national economies is the only way
we can handle this coming huge recession.
Dr Corsi firmly believes that the crisis is an engineered one on behalf
of a global elite who have long pushed for a regionalization, a single
currency and a market they can monopolize more effectively:
"It is engineered because again, the move toward globalism, the pumping
of this liquidity to stimulate the markets was totally artificial. The
federal reserve is going to get caught right now in a total dilemma, if
it raises rates to protect the dollar, its going to further tank the
economy and cause the housing markets to be in even more of a crisis.
We have economic stagnation, the loss of real income, the loss of real
wealth and inflation at the same time. With the dropping of the dollar
the crisis is going to be manipulated to the point where people will
take the Amero or any regional solution if it is proposed as the way
you get out of your problem."
He further warned that the 400 billion injected into the stock markets
last week is merely a temporary measure to slow down and control an
overall meltdown and was only done to prevent a sudden massive crash.
mirroring the analysis of the Financial Times of London and former
World Bank chief economist Joseph Stiglitz Corsi stated that he sees no
way to stop the meltdown, the only doubt left is whether it is going to
be a fast or slow process.
He also believes there is an even money chance that there could be a
huge 1929 style economic depression:
"This is the fastest run I've seen ever to get to the goal line of
creating a Untied States regional economy, a North American Union. The
elite are running like they'll never have this chance again. It is the
tenth hour, the eleventh hour where this battle will be fought. They
believe that they can win now and they are going for broke to create a
North American Union and tank the dollar."
The decline of the economy in the US is being caused by the very
predatory globalist policies that are still presented to us as the
solution for economic turmoil. Globalist vampires such as the IMF and
the World bank, but two of the elite central banks and private
interests, have drained the third world dry, and are now focusing their
attention on enslaving the developed world.
The single currency and a 'new economic order' is a major step on the
road to global governance. Europe already has its own strong single
currency, while the dollar's days seem to be numbered. When money is
being printed and distributed by private corporations is it any
surprise to see a push for a merger with other countries' currencies?
Talk has long been of a global currency by 2018 if plans go
accordingly. A 1988 famous cover of The Economist emphasized this,
depicting a phoenix standing atop burning paper money symbolizing its
rise out of their destruction, with the words "Get ready for a world
currency" next to it.
The article carried in The Economist, titled "Get Ready for the
Phoenix," stated that, "THIRTY years from now, Americans, Japanese,
Europeans, and people in many other rich countries, and some relatively
poor ones will probably be paying for their shopping with the same currency."
The article went on to state that sovereignty will be lost with the
advent of the new currency, but that trends towards globalization are
already doing away with it anyway.
The phoenix zone would impose tight constraints on national
governments. There would be no such thing, for instance, as a national
monetary policy. The world phoenix supply would be fixed by a new
central bank, descended perhaps from the IMF. The world inflation rate
- and hence, within narrow margins, each national inflation rate- would
be in its charge. Each country could use taxes and public spending to
offset temporary falls in demand, but it would have to borrow rather
than print money to finance its budget deficit. With no recourse to the
inflation tax, governments and their creditors would be forced to judge
their borrowing and lending plans more carefully than they do today.
This means a big loss of economic sovereignty, but the trends that make
the phoenix so appealing are taking that sovereignty away in any case.
Even in a world of more-or-less floating exchange rates, individual
governments have seen their policy independence checked by an
unfriendly outside world.
"Pencil in the phoenix for around 2018, and welcome it when it comes,"
the article concludes.
In 2004 Robert Mundell, the Nobel-prize winning economist often
credited with paving the way to the European single currency, called
for a global currency .
In an interview with French paper Libération, Mundell said: "With the
emergence of the euro and its instability against the dollar, Europe,
the United States and the Asian powers should come together and create
a new international monetary system."
In 2006 the scandal-ridden and highly secretive Bank For International
Settlements, considered to be the world's top central banking policy,
released a policy paper that called for the end of national currencies
in favor of a global model of currency formats.
The BIS is a branch of the of the Bretton-Woods International Financial
architecture and closely allied with the Bilderberg Group. It is
controlled by an inner elite that represents all the world's major
central banking institutions. John Maynard Keynes, perhaps the most
influential economist of all time, wanted it closed down as it was used
to launder money for the Nazis in World War II.
It appears we are now seeing the slow realization of a global economic
system with a single currency.
The end game of such regionalizing harmonization is of course a global
It has long been recognized that an instant world government would be
roundly rejected by the masses and that a stepping stone agenda, a
stealth implementation of a new global order is the key to its success.
Writing in the April 1974 issue of Foreign Affairs, the flagship
publication of the Council on Foreign Relations (CFR), Richard N.
Gardner , who has held a number of State Department posts, argued
against what he called "instant world government." Instead, he wrote,
"the 'house of world order' will have to be built from the bottom up
rather than from the top down. It will look like a great 'booming,
buzzing confusion,' to use William James' famous description of
reality, but an end run around national sovereignty, eroding it piece
by piece, will accomplish much more than the old-fashioned frontal assault."
In a similar sentiment, former National Security Adviser and co-founder
of the Trilateral Commission, Zbigniew Brzezinski pointed to
"regionalization" as the key for "globalization" in his address to
Gorbechev's State of the World Forum in October 1995: "The precondition
for eventual globalization — genuine globalization — is progressive
regionalization, because thereby we move toward larger, more stable,
more cooperative units."
Last May the first steps towards the biggest "cooperative unit" there
has ever been were cemented with the groundwork being set for a EU-US
single market . However, as the CFR would say, amidst the "booming,
buzzing confusion" few have noticed.
Jerome Corsi concluded by re-iterating that the economic crisis has
been manufactured in order to provide the pre-scripted neo-mercantilist
"We'd never get rid of the sovereignty of the United States or the
dollar unless there was a crisis. The Council on Foreign Relations, two
issues ago Ben Steel one of their top economists wrote an article
openly declaring that national monetary systems were dead and that we
need to go to regional moneys and that we need to go to global moneys.
We are going to be told very quickly that the only way the federal
government can protect us is if we allow the federal government to
become a North American government."

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