A global financial system run by an international banking cartel through the World Bank or BIS or IMF

When you get all these nations agreeing on things like this you will also need global oversight which provides the perfect excuse for more centralization of power internationally.

Obama isn’t a Hitler, he is a puppet of the people who financed him. As you know, Soros funded his Senate race and then got him to run for President with the backing of his big money friends. As you saw, the President then staffed his Cabinet from the CFR and Trilateral Commission, just as McCain was going to do if he won. Why? Because McCain’s campaign was also funded by the same people in Banking through the corporations they control where they direct where campaign donations to both parties go.

In each primary, the Banking Cartel, through their puppet corporations, fund the primary candidates in both parties that will do the bidding of the Banking Cartel. No matter which party wins, the Banks win.

This is nothing new and has been going on for decades. Some Presidents like the first Bush are higher up in the list of power brokers than others, but, they all answer to those power brokers.

We have used flawed monetary policies for 96 years and flawed economic policies for over 70 years and are going to continue using them until we have a collapse of our currency, economy and government. It can be delayed but, it can’t be avoided.

We are already borrowing from foreign governments to fund our health care programs, Medicare and Medicaid. Later this year we will begin borrowing to fund Social Security. Even if we grew the GDP by 4%, so much is coming from government spending that the private sector will not be able to keep up with the growth in interest on deb the CBO projects will quadruple as rates rise in the coming years. As a matter of fact, the faster we would reach a 4% growth the faster we would grow interest on debt. That quadrupling to over $820 billion is more than we took in for the last year from both corporate and individual tax receipts added together. That means over $2 trillion will have to be found from other sources for government spending that will grow with inflation even if we thy to cut some spending.

We can’t grow or tax out of this and the foreign nations know it. That is why they are moving out of the dollar with non-dollar trade deals and currency swap agreements and stockpiling commodities they buy with dollars and buying IMF bonds with dollars. They are also rolling bonds over into notes and T-Bills that will roll over every few months to a couple years. This is so that as they want to get rid of more dollars, they just let the notes and bills mature and use the dollars they get to buy more commodities, mines and even U.S. property. Here in Arizona’s Phoenix area, purchases of real estate by China is rising, according to real estate program I listened to today here in Phoenix.

JanPaul

Related Posts:

• While we are in a depression, don’t confuse that with what the market will do.
• How do we get out of at least a dollar collapse?
• Regarding the “ratio of debt to GDP” and other data.
• I believe this is one of the most important lines in the report they released.
• What one person receives without working for, another person must work for without receiving.

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