…The British Empire started in the 17th century and reached its peak in the 19th century during Queen Victoria’s reign. By the end of the 19th century The British Empire included nearly 20% of the land surface of the world and 25% of the world’s population. So Britain which is less than 0.5% of the world’s land surface area controlled an empire which was more than 50 times greater. So by using slave labour and by stealing the resources of 20% of the world, it is no wonder that Britain was the wealthiest nation for several centuries. But like all empires, Britain carried the seeds of its own destruction. All empires – e.g. Mongolian, Roman, Ottoman or British etc. – eventually overstretch their resources both militarily and financially. This combined with decadence and illusions of grandeur eventually leads to the collapse of an empire…
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…I was absolutely shocked to read the Special Contribution entitled “Global Governance for the 21st Century” by the 1969 Nobel Prize for Economics, Jan Tinbergen. He wrote: ‘Mankind’s problems can no longer be solved by national governments. What is needed is a World Government. This can best be achieved by strengthening the United Nations system. In some cases, this would mean changing the role of UN agencies from advice-giving to implementation. But some of the most important new institutions would be financial—a World Treasury and a World Central Bank. Just as each nation has a system of income redistribution, so there should be a corresponding ‘World Financial Policy’ to be implemented by the World Bank and the World Central Bank. Some of these proposals are, no doubt, far-fetched and beyond the horizon of today’s political possibilities. But the idealist of today often turns out to be the realists of tomorrow’….
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…”There is a growing consensus that if China no longer wants to buy our bonds, we can simply print the money and buy them ourselves. This naïve view fails to consider the consequences implicit in such a change. When the Treasury sells bonds to China, no new dollars are printed. Instead, China prints yuan which it then uses to buy treasuries. This effectively allows America to export its inflation to China. However, now that we will be printing the money ourselves, the full inflationary impact will fall directly on us…
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…When central banks intervene in the currency markets, they exchange their currency for dollars. Central banks then use the dollars they acquire to buy US government debt instruments so that they can earn interest on their money. The debt instruments central banks acquire are held in custody for them at the Federal Reserve, which reports this amount weekly…
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“…On the occasion of the second anniversary of the publication of our famous “Global systemic crisis Alert” which toured the world in February 2006 [4], LEAP/E2020 wishes to remind that we are now resolutely stepping into an era with no historical precedent. Our researchers insisted on that many times in the last two years: any comparison with the previous crises of our modern economy would be fallacious. It is neither a “remake” of the 1929 crisis nor a repetition of the 1970s oil crises or 1987 stock market crisis. It is truly a global systemic crisis, that is to say a crisis affecting the entire planet and questioning the very foundations of the international system upon which the world was organised in the last decades….”
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“…How did it come to this? How did America, collectively and as individuals, become a nation addicted to debt, pushed to and over the edge of bankruptcy? The savings rate hangs below zero. Personal bankruptcies are reaching record heights. America’s total debt averages more than $160,000 for every man, woman, and child. On a broader scale, China holds nearly $1 trillion in us debt. Japan and other countries are also owed big…”
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“…Saudi Arabia alone has management of $800 billion. Experts fear that a break from the dollar in Saudi Arabia could set off a “stampede” from the dollar in the Middle East, a region that manages $3,500 billion…”
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”…At one time, our elderly lived with us, we cared for them and our children and communities reaped the benefits of their wisdom. Those who were institutionalized as children have been taught by example that this is the normal way to handle humans who are hard to deal with. Just look at our drug laws. We throw non-violent drug offenders into our prisons more often than we throw violent criminals there. Huge corporations have grown up to provide management of our institutions. It’s a very big business and if we do not do something to break the cycle, we may find that there is no space between high school and the nursing home where we are not warehoused somewhere. Perhaps we’ll all be working for the Post Office or the Ministry of Peace in Iraq during those years…”
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“…The dollar has plummeted in value, more so in Bush’s term than during any comparable period of U.S. history. Indeed, Bush is presiding over a worldwide abandonment of the American dollar…”
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“…the dollar has been dropping ever since the twin 1973 currency crises which sent then Assistant Treasury Secretary for International Monetary Affairs Paul Volcker around the world to hammer out a new regime for floating currencies (what a great way to transfer wealth and control countries: currencies). Every time the dollar drops, it is new and historic. For those who think the past two months was about the Rothschild’s cornering the global gold market, no way. They and the same core of international bankers that own the Bank of England, the Federal Reserve, and other major central banks control the value of gold. When central banks sell gold as they did in the late 90s, it is only title that changes, not the owners…”
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“…The jobs data and the absence of growth in real income for most of the population are inconsistent with reports of U.S. GDP and productivity growth. Economists take for granted that the workforce is paid in keeping with its productivity. A rise in productivity thus translates into a rise in real incomes of workers. Yet, we have had years of reported strong productivity growth but stagnant or declining household incomes. And somehow the GDP is rising, but not the incomes of the workforce….”
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“…The Bank for International Settlements issued a warning this week that the Federal Reserve’s monetary policies have created an enormous equity bubble which could lead to another ‘Great Depression’…”
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On May 23, 1933, Congressman, Louis T. McFadden, brought formal charges against the Board of Governors of the Federal Reserve Bank system, The Comptroller of the Currency and the Secretary of United States Treasury for numerous criminal acts, including but not limited to, CONSPIRACY, FRAUD, UNLAWFUL CONVERSION, AND TREASON. The petition for Articles of Impeachment was thereafter referred to the Judiciary Committee and has YET TO BE ACTED ON. Read the rest of this entry »
“…Cecil Rhodes had a dream of making the world British because in his opinion, “they are the finest race in the world. According to Georgetown professor, Dr. Carroll Quigley who wrote The Anglo-American Establishment, “Rhodes in five previous wills, left his fortune to form a secret society which was to devote itself to the preservation and expansion of the British Empire. This society [now known as the Royal Institute for International Affairs-RIIA] has been known at various times as Milner’s Kindergarten, as the Round Table Group, as the Rhodes crowd, as The Times Crowd, as the All Souls Group, and as the Cliveden set. The American branch of the RIIA is…”
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“…The truth is that you cannot have a “strong, robust economy” that is based on debt because debt is not prosperity. A nation’s monetary system cannot and will not survive under a fiat currency such as we’ve had shoved down our throats since 1913. This is why so many of us own gold. We know history has a nasty way of repeating itself. This brings me to a recent column which just came out titled, It’s Official: The Crash of the U.S. Economy Has Begun by Richard C. Cook. This column has flooded the Internet. Cook’s so called solution to the monetary crisis facing this country is dangerous…”
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“…Sen. Norm Coleman, R–Minn., has distanced himself from the North American Super-Corridor Coalition Inc. and from the claims NASCO makes that the I-35 NAFTA Superhighway is an “Internet conspiracy theory,” following the recent release of NASCO internal e-mails under the Minnesota Data Practices Act that reveal the organization has taken steps to recruit Coleman’s support…”
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“…Presently, someone trying to pay down a debt service based on their former ‘un-globalized’ salary, and prior level of affluence, just can’t do it. The fact is, now that America’s been globalized, that worker–along with all others of the same economic rank–can’t afford the assets they’ve purchased and are trying to hold on to…”
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“…In the original analysis of the Trilateral Commission in the 1970’s, the only persons to actually interview and debate members of that elite group were Antony C. Sutton and myself, Patrick Wood. From 1978 through 1981, we together or individually engaged at least seven different Commission members in public debate…”
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“…2005 Balance of Trade Deficit debt $723 billion equals $1.4 million dollars per minute flowing out of the country for imports. This is the money foreign interests have been using in the last 25 years to buy out 13,000 of our best American companies (see the list of companies sold). By losing ownership of these companies, the profit that is made, the taxes that would have been paid, and the technology now resides in foreign countries…”
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