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)




Related Articles
g20.org
G20 major economies
IMF
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

Björn Söder, Swedish Jews, and Multiculturalism
2014-12-23 2:12
Of all the accusations commonly leveled against a Jews as a group, perhaps the one they find most frightening is the accusation that they are disloyal, or aren’t ‘quite’ like the rest of us. Arguably, a large part of the Jewish evolutionary strategy consists of maintaining a pose, or pretence, to be fully in and of the nation and its ...
'Spectre' Is Doomed: Did North Korea Kill James Bond? No, but Political Correctness will
2014-12-22 22:01
Comment: Below is an interesting article from Forbes on the fate of the Bond franchise. They asks: 'Spectre' Is Doomed: Did North Korea Kill James Bond? North Korea probably wasn't behind the Sony hack, China also chimed in. Looks more like a False Flag Hack. North Korea is a lot of things, but behind the Sony attack? Probably not. They have ...
NYPD officer slayings: When the Left's False Narratives Have Deadly Consequences
2014-12-22 21:12
On Saturday afternoon, Black Brooklynite Ismaaiyl Brinsley ambushed two NYPD police officers and shot them both to death while they were sitting in their patrol car. According to early reports, there was “no warning” and “no provocation.” Brinsley simply approached the vehicle and “unloaded” on the two officers sitting inside. Hours before the assassination, he had announced his intent ...
Saudi oil chief: No conspiracy behind oil prices
2014-12-22 20:36
Nothing to see here or here Saudi Arabia's oil chief on Sunday dismissed allegations that his kingdom conspired to bring down oil prices in order to harm other countries and told a summit of Arab energy leaders that he was confident the market would stabilize. The kingdom, which is dependent on oil revenues, is able to weather lower oil prices due to ...
North Korea's internet is having serious problems
2014-12-22 19:13
North Korea is having serious connectivity issues this morning, North Korea Tech reports. The country has extremely limited web infrastructure to begin with, but reports from Dyn indicate the country's infrastructure has suffered a series of major outages over the past 24 hours. As a result, anyone at a North Korean IP would have found it nearly impossible to connect ...
More News »