Secret Plan For IMF World Dictatorship
2008 11 12
By Webster Tarpley | rense.com
G-20 Summit In DC On 11-15-8
This is a confidential strategy paper for the November 15 G-20 summit in Washington DC. This is not a new Bretton Woods in any sense, but rather a British-steered attempt to impose the dictatorship of the International Monetary Fund (IMF) on the entire planet, wiping out all hope of economic recovery, the modernization of the developing countries, and national sovereignty at the same time.
Under this plan, the IMF would dictate the economic policies of all states. The IMF orthodoxy is austerity, sacrifice, deregulation, privatization, union busting, wage reductions, free trade, the race to the bottom, and prohibitions on advanced technologies. These policies would strangle humanity.
The Brazil-Russia-India-China bloc is reportedly objecting to putting so much power into the hands of the IMF, which is dominated by the US and the British, with Prime Minister Gordon Brown and Treasury Secretary Paulson of Goldman Sachs laying down the party line.
The new Chinese economic measures are the opposite of the bankers' bailouts imposed so far in the wealthier countries. The Chinese will spend $585 billion on infrastructure, transportation, housing, and food production, with special attention to railroads, airports, and roads. The Chinese package is in the spirit of the Franklin D. Roosevelt New Deal, and it will maintain forward progress for China. The US $700 billion bailout and the UK and EU versions are a futile attempt to prop up the $1.5 quadrillion derivatives bubble. Sensible economic policy starts with wiping out the derivatives cancer.
The interest of humanity can only be served by preventing the Washington conference from carrying out the plan outlined below. If Russia, China, and the developing countries can mount an effective opposition, the world will divide into two blocs - a pro-derivatives, anti-production Malthusian-monetarist bloc, which will tend to fall behind because of its own policies; and, on the other hand, an anti-derivatives, pro-production bloc of nations seeking modern technology, and the full fruits of scienitific and economic progress. Persons of good will in all nations are encouraged to mobilize to make sure that their own country joins the pro-production, anti-derivatives bloc.
Preparations the for economic summit in Washington on November 15 are well advanced. Here are the five points which are currently on the agenda to be adopted by the invited heads of state. The overall philosophy is to continue globalization by reinforcing free trade and by creating a world economic government under the IMF.
The IMF Program Reads As Follows:
1) require the credit rating agencies to be registered and monitored and submit to rules of governance;
2) halt the principle of a convergence of accounting standards and re-examine the application of the fair market value rule in the financial field, so as to improve its coherence with the rules of prudence and conservatism;
3) to resolve that no market segment, territory, or financial institution shall escape from a proportionate and adequate regulation, or at the least, surveillance;
4) set up a code of conduct to avoid excessive risk-taking in the financial industry, including in the area of compensation. Supervisors will have to follow this code in evaluating the risk profiles of financial institutions;
5) to entrust to the IMF the primary responsibility, along with the FSF (Financial Stability Forum - Basel), to recommend the necessary measures to restore confidence and stability.
The IMF must be equipped with the essential resources and suitable instruments to support countries in difficulty, and to exert its role of macroeconomic surveillance to the fullest.
Article from: http://www.rense.com/general84/secr.htm
Obama and EU to reinvent global politics, pundit says (Steps Towards a New World Order)
G20 major economies
Global Banking: the Bank for International Settlements - Part 1 of 2
The Bank for International Settlements Calls for Global Currency
The Largest Empire In the History of the World - Club of the Isles'
The G8 Summit: a Fraud and a Circus
Economic Insanity and Political Reality
The New York Stock Exchange Goes Global
The Bankers Manifesto of 1892
Latest News from our Front Page
Magaluf bar where British girl was filmed performing sex acts on 24 men is shut down after police investigation into video
2014 07 26
Is this what the youth in Britain and Europe is spending their their energy, money, efforts and innocence on?
The young girl, pictured, was lured into performing multiple sex acts after organisers offered a free drink although she thought a holiday was on offer* Council officials launched an official investigation after the video went viral
Playhouse bar in Magaluf and entertainment ...
Prejudice is a Form of Common Sense - Hard-Wired Into the Human Brain, Says ASU Study
2014 07 26
Contrary to what most people believe, the tendency to be prejudiced is a form of common sense, hard-wired into the human brain through evolution as an adaptive response to protect our prehistoric ancestors from danger.
So suggests a new study published by Arizona State University researchers in the May issue of the "Journal of Personality and Social Psychology," which contends that, ...
The State is a Bully
2014 07 24
In the history of Western philosophy and social theory, no really silly idea has been more successful than the theory of the social contract.
It is in fact not a theory of the social contract. It is a theory of the political contract. It is the idea, promoted by Thomas Hobbes, John Locke, and Jean-Jacques Rousseau, that, at some point in ...
NATO Exercise in Ukraine Coincided with MH-17 Shoot-down
2014 07 24
Rapid Trident was omitted from the flurry of coverage on the shoot-down MH-17.
From the U.S. Army in Europe website:
Rapid Trident supports interoperability among Ukraine, the United States, NATO and Partnership for Peace member nations. The exercise helps prepare participants to operate successfully in a joint, multinational, integrated environment with host-nation support from civil and governmental agencies. ...
Warning of ’imminent’ terror attack in Norway
2014 07 24
Norwegians were warned Thursday of the concrete possibility of a terror attack occurring in that country at the hands of people with connections to an extremist group in Syria.
A press conference was called in Oslo, Norway on Thursday where an announcement was made of a "possible concrete threat" to national security in that country from terrorists related to an extremist ...
|More News » |