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"When
plunder becomes a way of life for a group of men living together in
society they
create for themselves in the course of time a legal system that
authorizes it and a moral code that glorifies it." [1]
Abstract
In her cutting edge
work 21st
Century Strategies for Sustainability Hazel Henderson
makes the case that economic systems and theories of the past are not
true sciences, and that they are outdated and invalid – based on
dysfunctional false beliefs that have been engrained into our
consciousness and accepted as true. She states:
“What
do deep primitive beliefs about the primacy of competition and
territoriality have to do with poverty, conflicts and wars? All are
rooted in ancient human fears – of scarcity, of attacks by wild
animals or other fearful bands of humans. Rooting out these
fears – deeply coded in our ‘s-versus-them’ political
and economic textbooks – is the essential task of our
generation. We must move beyond this economics of our early reptilian
brains – to include the economics of our hearts and forebrains! These
old fears underlie today’s continuing cycles of oppression, poverty,
violence, revenge and terrorism. Indeed, if we humans do not root
out these now-dysfunctional old fears, we will destroy each other. Politicians
frequently use fear to manipulate consent. Yet fear can be
counterproductive. Franklin D. Roosevelt during the Great
Depression in the US proclaimed that we have nothing to fear but fear
itself!” [2]
Such primitive beliefs
are indeed rooted in ancient human fears; however, beliefs and
fears are both mental and emotional components of man’s inner being.
Rooting out such fears is part of the human way – of progression and
growth, mentally, emotionally, and spiritually.
The rooting out of
these beliefs and fears, as coded in our political and economic
textbooks, is an animal of a different sort. The first involves work on
one’s inner self; the second deals with the removal of certain written
theories that may or may not be scientific or “correct”, as well as
one’s belief and reliance therein.
On a deeper level, if
the inner self-work has been started, the exterior manifestations of
previous false beliefs and fears will automatically disappear from the
textbooks, as they disappear from popular (dis)belief – and/or they
will not be believed and accepted by those who read them and have
acknowledged the inner work of self-realization.
Change
You cannot change
man’s inner emotional, mental, and spiritual being from the outside in
– all such change must take place from the inside out. All action is
preceded by thought. All thought is preceded by desire. All desire is
preceded by feeling. All feeling is preceded by sensation upon our
nervous system via our four senses that are the ambassadors to our inner
court – from nature without.
If man is going to
change the way he acts, he will first need to change the way he thinks,
feels, and desires on the inside. All exteriorizations come from
interiorizations that are put forth into the outside world. In this
regard the word cult-ivated is of interest.
Causes
Henderson continues by
saying:
“This
new awareness reveals not a flaw in human nature – but a flaw in our encoding
of our past in that set of dysfunctional beliefs that deny humanity’s
true genius – those cooperative, bonding and altruistic skills that
have under girded our progress to date. This malfunctioning source
code underlying economics focused on money circulation, is still
replicating behaviors and organizational structures that imperil human
survival under 21st century conditions. The creation of money
– from clay tablets, coins to electronic data – was a vital social
innovation to track transactions beyond barter in early markets. Yet,
money does not equate to wealth and today’s high-tech electronic
barter reminds us that money is merely one form of information – no
longer needed in today’s electronic barter transactions.”
[3]
While it may be true
that certain belief systems are dysfunctional, it does not necessarily
follow that all such “flaws” have been the result of improper
encoding of our past. It requires an even greater leap of faith to then
suggest that the supposed resulting malfunctioning source code
undermines all economics focused on money circulation.
Types of Money
There are many types of
money. What the author is referring to is the existing monetary systems
of paper fiat debt-money that presently circulate as the various world
currencies. It is true that paper fiat debt-money is the major
contributing factor to the world’s economic, financial, and monetary
problems.
Furthermore, paper fiat
debt-money is impeding any true growth and progression of the human
race, as we move forward into the new millennium.
But this does not
mean that there isn’t a monetary system that can replace the inherent
faults of a paper fiat debt-money system with a sound monetary system.
See Gold's
Hidden Secret: The Moral Hazard of Fiat Money.
Neither does it mean
that it is all the result of improper encoding. Money does not equate
with wealth – this is true, however, this does not mean that money is no
longer needed in today’s electronic barter transactions. A
time will come when money is no longer needed, just as in the days of
the ancients it was not needed – but now is not that time. Now is the
time for Honest Money – for the procession of the equinoxes.
Black Is White
Also, the author first
states that electronic money is one of three forms of money used to
track transactions beyond barter in early markets. Then it is said that
today’s high-tech electronic barter reminds us that money is just a
mere form of information no longer needed in today’s electronic
barter transactions.
This is a contradiction
of both terms and meaning. Barter is first alluded to being less evolved
then various forms of monetary transactions. Then money is said not to
be needed in today’s electronic barter transactions, which
implies we have gone back to the use of barter – be it electronic or
not.
All of which shows a
complete lack of understanding of money, trade, and barter. See Honest
Money: What
It Is and What It Isn't - Part 1 – Money and Honest
Money: What
It Is and What It Isn't - Part 2 – The Quality Theory of
Money.
There is a great deal
here that is not being said or fully explained. Broad sweeping
generalizations and inferences are being used – when fine detail is
begging to be employed.
Further on Henderson
correctly states:
“This
quiet ‘coup’ achieved by central bankers and their advocates among
the economics profession is illustrative of the methods of
neoconservatives, such as those currently dominant in the USA. Yet,
the failures of these economic models in achieving their targets of
non-inflationary economic growth and fuller employment is evident in the
recent history of financial crises, booms, busts, bubbles, un-repayable
debt and un-employment.” [4]
There is no question
that the “coup” achieved by central bankers has failed in achieving
non-inflationary economic growth, and that the recurrent boom and bust
cycles are a testimony to such failure. Nevertheless, although paper
fiat debt-money has failed “We the People”, it has not failed those
who devised and implemented it – to think so is naive at best, and
foolish at worst. Paper fiat debt-money is the greatest wealth
transference mechanism ever devised by man. It is modern day plunder
that has served its masters well – the moneychangers – the elite
collectivists of the world.
“In
the absence of the gold standard, there is no way to protect savings
from confiscation through inflation. There is no safe store of value.
If there were, the government would have to make its holding
illegal, as was done in the case of gold. If everyone
decided, for example, to convert all his bank deposits to silver or
copper or any other good, and thereafter declined to accept checks as
payment for goods, bank deposits would lose their purchasing power and
government-created bank credit would be worthless as a claim on goods.
The financial policy of the welfare state requires that there be no way
for the owners of wealth to protect themselves.
This
is the shabby secret of the welfare statists' tirades
against gold. Deficit spending is simply a scheme for the
"hidden" confiscation of wealth. Gold stands in
the way of this insidious process. It stands as a protector of property
rights. If one grasps this, one has no difficulty in understanding the
statists' antagonism toward the gold standard.” [5]
White Is Black
The debt is indeed
un-repayable, as it was carefully intended and structured to be. The
elite collectivists do not want the debt paid off, not that it can be
– they simply want the perpetual interest rate stream that such a
never-ending, un-repayable, continually expanding debt load brings to
the table – their table.
“This
is a staggering thought. We are completely dependent on the Commercial
Banks. Someone has to borrow every dollar we have in circulation, cash
or credit.
If
the Banks create ample synthetic money we are prosperous; if not, we
starve.
We
are absolutely without a permanent money system. When one gets a
complete grasp of the picture, the tragic absurdity of our hopeless
position is almost incredible, but there it is.
It
is the most important subject intelligent persons can investigate and
reflect upon. It is so important that our present civilization may
collapse unless it becomes widely understood and the defects remedied
very soon.” [6]
Be it noted, I do not
agree with the monetary policies that Alan Greenspan implemented
throughout his tenure at the Federal Reserve, as I have written on ad
infinitum. However, his above quote does explain quite unequivocally,
the insidious nature of paper fiat debt-money, the confiscation or
transference of wealth thereby, and the welfare state it engenders.
A socialist
welfare state created by Roosevelt’s New Deal and his confiscation
of private gold holdings, which at the time were the
gold and silver coins in circulation as the currency, the same hard
money system mandated by the Constitution of the United States (which is
still the case, as a constitutional amendment has never been passed to
change it). Roosevelt’s actions are arguably one of the greatest
swindles of all time. See Social
Security: The New Deal - A Raw Deal, Part 5.
Moving on we find
Henderson stating that:
“Yet,
this belief in an ‘invisible hand’ persists in many economic
textbooks – even today, buttressing neoconservative agendas expressed
by such philosophers as Freidrich Hayak and Ayn Rand and her aficionados
including Alan Greenspan, Chair of the US Federal Reserve. Not only
are independent central bank policies obscure and driven by often
obsolete general equilibrium models, central bankers are also
politically-motivated. For example, Italy’s independent central
bank president, Antonio Fazio is accused of cronyism, condoning fraud in
the Parmalat scandal and disregard for ethical standards.” [7]
While it is
unquestionably true that central bank policies are politically
motivated, it should be noted that Ayn Rand nicknamed Alan Greenspan the
“undertaker” long before he took office. As his quote above showed,
he did understand the workings of gold versus paper fiat early on in his
career. But he chose not to follow the yellow brick road – he instead
became exactly what Rand said he was: a political animal. Only yes men
are ever knighted – be it honorary or not – be it honorable or not.
The Center
I am not here to defend
central banking, as I detest it through and through; however, I also
place the other international elite organizations in the same shadow:
the International Monetary Fund, the World Bank, the Bank for
International Settlements, the World Trade Organization, and the United
Nations. If political scandals are the measure by which to judge an
organization’s merits, one needs look no further than the United
Nations, as the fruit does not fall far from the tree.
Some examples of UN
scandals are: the Oil-for-Food
Programme Scandal, the Cole
Inquiry, numerous incidences
of pedophilia, prostitution and rape in the Congo – see U.N.
Says Its Workers Abuse Women in Congo (washingtonpost.com).
Yet, as we will see –
Henderson endorses not only the United Nations, she has them as the hub
of the New World Order. And some of the main spokes emanating off of the
hub are nonetheless intriguing.
“In our age of weapons of mass
destruction, wars are the most dangerous and ineffective options. We
see already in our 21st century that the new weapons of
choice are currencies, as well as better diplomacy, intelligence and
widely shared information. Investments geared toward the Global
Marshall Plan can help guide the re-prioritizing needed to steer
societies toward equitable resource-use and reduction of conflicts (Radermacher,
2004). Insurance policies for peace-keeping forces can reduce military
budgets for countries wishing to follow Costa Rica, which abolished its
army in 1947. The proposed United Nations Security Insurance Agency
(UNSIA), a partnership of the Security Council with insurance companies
would assess country risks and collect premiums that would be pooled to
train standing UN peace-keeping and humanitarian forces. (Henderson,
1995) Reforming and expanding the Security Council is now on
the UN’s agenda. The UN General Assembly should take up all the
alternative financing mechanisms, including those of the 2002 UN
Monterrey Consensus, the Global Marshall Plan, so as to
implement the Millennium Development Goals. The time has
come for global taxes on arms sales, currency trading, airline
tickets and e-mail to provide global public goods: education, health
care, sounder international financial architecture and peace-keeping.”
[8]
There is a lot of meat
in the above quote, so we will take it a bit at a time for easier
digestion. The plate is full – the cup runneth over.
War
I wholeheartedly
endorse the position that war is the most dangerous and least effective
option for dealing with world problems. Wars solve nothing but to
transfer wealth from the have nots to those elite few who can never have
enough: the merchants of death – purveyors of plunder over production
– they who have the lust for power coursing through their veins. It is
easier to take then to make, or so they believe. They like to collect
stuff, the stuff of others – including others, as in the trade of
human flesh – the slave trade: by physical, mental, and emotional
bondage.
Next
it is stated that the weapons of choice are now: currencies,
better diplomacy, intelligence, and information. For the sake of time we
will accept the last three, however, currencies begs a bit of attention.
One
World Currency
Just
what currencies are being referred to? Is it the U.S. Dollar, the
Japanese Yen, the Chinese Yuan, or perhaps the more global Euro? Does it
really make a difference, as are they all not paper fiat debt
currencies? Are they not all paper schemes to transfer wealth from the
many to the elite few?
But
perhaps we are missing something, and some other currency is being
considered. Might the next sentence hold further clues?
“Investments geared toward the Global
Marshall Plan can help guide the re-prioritizing needed to steer
societies toward equitable resource-use and reduction of conflicts (Radermacher,
2004).” [9]
A
new player has entered the field: the Global Marshall Plan, another
interesting choice of words, as globalization was supposedly the scourge
of the earth according to most of the article under review: 21st
Century Strategies for Sustainability. Perhaps this is a
gentler and milder form of globalization, one softened by the
iridescence of a thousand points of light.
First
we note the unparalleled qualifications of Mr. Radermacher who is the
author of the quote in question. His bio from links on the Global
Marshall Plan Initiative
state:
“Prof.
Dr. Dr. Franz Josef Radermacher (1950) is married and has one son. He
made his Ph.D. in mathematics at RWTH Aachen and his Ph.D. in business
administration at the University of Karlsruhe. In 1982 he did his
habi-litation in Aachen.
Since
1987 he is director of the Re-search Institute for Applied Know-ledge
Processing (FAW) in Ulm, Germany, and is holding a chair for databases
and artificial intelligence at the University of Ulm. He was and is a
member of different organizations and commissions, among others he led
the workgroup on ‘Sustainability and Information Society’ of
the ‘Information Society Forum’ at the European Commission,
is Vice president of the ‘Eco-Social Forum Europe’, is a
member of the Club of Rome and coordinates the Global Marshall
Plan initiative.
He
is author of more than 200 scientific articles and several books in the
area of applied mathematics, oper-ations research, applied informatics
and systems theory including questions of ethics/philosophy and
consequen-ces of new technologies.” [10]
The above is a most
impressive series of passages of rights, especially the membership in
the Club of Rome and the coordination of the Global Marshall Plan
initiative. I recently had the privilege of writing an article on the
Club of Rome: The
New World Order Club.
Marshall Plan
Regarding the Global
Marshall Plan Initiative
we find the good Dr. stating:
“Since
my time in school I have tried to understand systems and to identify
areas where small changes lead to massive posi-tive effects. Because I
could never accept that rational human beings would not be able to solve
their largest problems, I have always tried to find sensible solutions
focusing on the way+ systems need to be changed and controlled
so that human beings can live together in peace and harmony.”
“For
me the thing is quite simple. I cannot accept the extreme inequality
existing in our world. So, I tried to understand why it steadily
increased over the last 250 years. Being a system analyst, I came
up with the simple answer that our current economic framework of the free
market economy - which does not consider sufficiently
environmental, social and cultural aspects - necessarily leads to this
rising inequality and all its negative con-sequences. The alternative
solution I am trying to push with the help of the Global Marshall Plan
Initiative is an Eco-social market economy. Integrating the
environ-mental, social and cultural guidelines in our framework is the
most efficient way to improve life for 5 billion people on this planet.”
“I
advocate the framework of an eco-social market eco-nomy as an
alternative to the current model of market fundamentalism. This model
will include the social, cul-tural and ecological needs and not only the
economic expectations of a small wealthy part of our world’s
society.”
“The
most important thing to do is to combine the exis-ting global regulation
bodies - WTO, WIPO, ILO, UNEP, etc. -, institutions - IMF, WB, etc. -
and sanction mechanisms in a way that would bring the world closer to an
eco-social market economy.” [11]
So, what is being
proposed is a combination of the existing global (international &
supranational) regulatory bodies and institutions, into one grand
colossus that can sanction mechanisms to bring the world
closer to an eco-social market economy, as opposed to the
supposed current model of market fundamentalism.
I can’t help but
wonder just what is meant by sanction mechanisms? It all sounds so grand
and totalitarian, as if a New World Order by the select elite is being
envisioned and offered. And who is to select these elite? – Why the
elite select themselves of course.
From the Global
Marshall Plan Initiative
website we find the following description:
The
Global
Marshall Plan Initiative
Five Strategic Cornerstones
1.
Rapid implementation of the globally agreed upon Millennium Development
goals of the United Nations as an intermediate step for a just world
order and sustainable development.
2.
Raising of an average of additional 100 billion US$ per year for
development cooperation during the
period of 2008-2015. This is to be seen in comparison with the
level of overseas development aid and purchasing power in 2004.
Additional financing at least at this
level is necessary to implement the Millennium Development Goals
(MDGs) and to act in favor of global public goods that are inter-linked
with the MDGs. Therefore, these
additional funds should solely be used for this purpose.
3.
Fair mechanisms for the raising of necessary funds. The Global Marshall
Plan Initiative supports the aspired
target of 0.7 percent financing level for overseas development
aid on the basis of national budgets. Nevertheless, even if
optimistically assumed, there will be
lacking considerable volumes of funds compared to the necessary
financial requirements for the implementation of the Millennium Development
Goals. Therefore, and due to the principal considerations concerning the
design of global markets, an essential part of the funds needed for the implementation
of the Development Millennium Goals should be generated through levies
on global transactions and on the consumption of global public goods.
4.
Gradual realization of a worldwide Eco-Social Market Economy and
overcoming of the market
fundamentalism through the establishment of a better regulatory
framework for the world economy. This should happen in line with a fair global
contract. For these reforms and an interlinking of existing regimes
and institutions for the economy, environment, social life, and culture
are needed (for example in 2 regulation areas such as UN, WTO, IMF,
World Bank, ILO, UNDP, UNEP and UNESCO).
5.
The prerequisites for the attainment of a reasonable regulatory
framework are a fair collaborative
partnership on all levels and an adequate flow of resources. The
promotion of good governance, the fight against corruption as well as
coordinated and grass-roots oriented forms of appropriation of funds are
considered to be decisive for self-directed development. [12]
Although there are five
stated goals, three main issues jump off the page:
The UN Millennium
Development Goals, Eco-Social Market Economy,
Mechanisms for Raising Needed Funds.
Raising
Funds
Special
Drawing Rights along
with Global Taxes are the main mechanisms recommended for raising
needed funds.
“In
addition to the creation of fair competitive conditions in the
agricultural sector and improved North-South cooperation in this sector
as well as reasonable methods of debt relief for the less and least
developed countries, the Global Marshall Plan focuses on new financial
funding sources. They are based on global added value processes and
therefore neither strain domestic economies nor distort competition.
Possible financing mechanisms are a Terra-Tax on world-wide
trade, a levy on global financial transactions, trade with equal per
capita emission rights, a cerosine tax, or Special Drawing Rights
with the IMF.” [13]
The
above quote is from the the Global Marshall Plan, which mentions Special
Drawing Rights (SDR’s) – the same as we wrote about in last
week’s paper on the Brandt Commission: The
New World Order - 21st Century.
The same that are mentioned in ALL papers and reports on
international governance – of the New World Order.
From
the Monterrey Consensus of the International Conference on
Financing for Development we read in section 44:
“We
recognize the value of exploring innovative sources of finance provided
that those sources do not unduly burden developing countries. In that
regard, we agree to study, in the appropriate forums, the results of the
analysis requested from the Secretary-General on possible innovative
sources of finance, noting the proposal to use special drawing rights
allocations for development purposes. We consider that any assessment of
special drawing rights allocations must respect the International
Monetary Fund's Articles of Agreement and the established rules of
procedure of the Fund, which requires taking into account the global
need for liquidity at the international level.” [14]
In the Global
Marshall Plan a Planetary Contract for a Worldwide Eco-Social Market
Economy by Franz Josef Radermacher we find:
“Let
us continue to work with you to examine the Tobin tax; the Soros
proposal for Special Drawing Rights; other forms of revenue
raising on a worldwide basis.”
“From
the point of view of this text, these funds spent on civil projects now
and in the future could be completely or partially deducted from the US
contribution to a Global Marshall Plan. For instance, they could replace
the US’s obligation of fulfilling special drawing right quotas
for worldwide development to the IMF, as will be explained later in this
text. The corresponding special drawing rights would then increase the
US currency reserves.” [15]
U.N. Millennium
Project
From the The
UN Millennium Development Goals website
we find the following introduction for the Millennium Project:
“The
Millennium Project was commissioned by the United Nations
Secretary-General in 2002 to recommend a concrete action plan for the
world to reverse the grinding poverty, hunger and disease affecting
billions of people. Headed by Professor Jeffrey Sachs, the Millennium
Project was an independent advisory body and presented its final report,
Investing
in Development: A Practical Plan to Achieve the Millennium Development
Goals, to the Secretary-General in January 2005. The Millennium
Project was then asked to continue operating in an advisory capacity
through the end of 2006.” [16]
The Millennium
Project has eight extremely honorable and worthwhile
goals:
- Eradicate
extreme poverty and hunger
- Achieve
universal primary education
- Promote
gender equality and empower women
- Reduce
child mortality
- Improve
maternal health
- Combat
HIV/AIDS, malaria, and other diseases
- Ensure
environmental sustainability
- Develop
a global partnership for development [17]
No argument can be
raised against these goals – it is not the goals that are in question,
it is the means to attain these goals that is under scrutiny. The end
does not justify the means, especially when discussing policies
that will have world altering repercussions across all strata
of human consciousness and civilization.
There is no room for
error when one is attempting to play god and to control the future
destiny of mankind. As in all judicious settings – any deliberations
beyond a reasonable doubt is justification to acquit and close the case.
This is true when one life hangs in the balance – let alone the
destiny of the entire human race.
Eco-Social Market
Economy
“‘Worldwide
Eco-Social Market Economy’
means that in all important global institutions and contracts (World
Trade Organization, International Monetary Fund, World Bank,
International Labor Organization, UN Environmental Program) the same
ecological, social and procedural standards are introduced on a
mandatory basis. This offers the opportunity for a functioning global
governance concept, supported by the already existing organizations.” [18]
What is being offered
here is a system of socialistic world governance that emphasizes the state
over and above the individual – statism plain and
simple. A cabal of the largest international and supranational
organizations are to be amalgamated into a super-colossus one world
state, controlled by the select elite who are planning it, planning on
running it, and planning on having you pay for it – from this day
forward until death do you part.
“The
long-term objective behind the ideas presented here is an Eco-Social
Global Market Economy in which markets and competition are
inseparably linked to high standards - maybe development state
dependent - regarding the welfare of all human beings. In this, the
supporters of the Initiative are not isolated. Rather, the development
of a new consensus can finally be observed, which may be capable of
replacing the market-fundamentalist Washington Consensus of the Nineties
that has already caused widespread devastation on this globe. This new
consensus can reassert the importance of a general economical framework
and the state's role in ensuring wealth and welfare
in terms of an Ordoliberalism.” [19]
This is big – very
big – all-encompassing world government being talked about in
euphemistic catch phrases intended to lower the tone of the message
given. A social market economy is just what the words say – social as
in socialism. It suggests that it will deliver the “goods”
– maybe, maybe not. But the means are clear: centralized global
rule by State intervention of the highest order – by a
supranational New World Order – Ordoliberalism.
The
Brandt Commission hit the nail squarely on the head when it stated:
“No
one wants a monolithic supranational body, or the dangers it
would pose. World government is not necessary or desirable, but a
new equation must be sanctioned. Strong multilateral rules and functions
are needed to bridge the special claims of wealth, government, security,
population, the environment, and human need. Global issues must be
considered in the round, on an inclusive and representative basis. Power
sharing is indispensable.” [20]
If
the various world governance plans and international organizations sited
above are amalgamated into one colossal Planetary Contract, with one
Eco-Social Economy, and one World Currency (SDR), one would
be hard-pressed to find a better example of a supranational body. Simply
put: if it acts and quacks like a duck – it is a duck, is about as
succinct as succinct gets.
Yet,
this same group recommends the following overhaul of the international
monetary system:
Exchange Rate Regime
- The
bulk of IMF gold stock should be used as collateral against
which the IMF can borrow from the market for onward lending
to middle-income developing countries
- Staggered
sales should also be
undertaken and accruing profits used as interest subsidy on loans to
low-income developing countries
- Increased
stability of international exchange rates should be sought through
domestic discipline and co-ordination of appropriate national
policies
New
Reserve System
- Inaugurate
a stable international reserve currency centered on the Special
Drawing Right (SDR) as the principle asset
- SDRs
replace the use of national
currencies as international reserves
- Increase
the issuance of SDRs in clearing and settling balances between
central banks
- New
SDRs created as needed for non-inflationary increases in
world liquidity
- Link
expanded liquidity to the adjustment process in developing
nations [21]
The
above is a more unsound monetary system then the one that presently
exists, which is a tough nut to crack, but it does. Notice that Honest
Money – Gold, is being recommended to be used as collateral for loans
denominated in paper fiat debt-money, as well as being offered to be sold
for paper fiat debt-money. This means that as credit increases debt
increases with it. The road to perdition could be no clearer.
The
Standard Drawing Right is
unequivocally stated to be the intended international reserve
currency, replacing all presently existing national currencies.
SDRs are to be created as needed. If that isn’t a prescription
for unadulterated monetary inflation and loss of purchasing power
through debasement of the currency, I don’t know what is.
Just
how are SDR’s to be created, by the printing press, electronic
ledgermain, or the wave of a magic wand? Anyway you slice it – the
dice are loaded in favor of the House of the Rising Sun. We provide one
more bit of evidence that something very big is being proffered:
“Consequently,
the Global Marshall Plan Initiative aims for the successful linkage of
ILO, UNESCO and global environmental standards - plus other standards
where appropriate (e.g., the World Bank's Safeguard Policies and the ISO
standards as indicated by Maartje van Putten) - with WTO, International
Monetary Fund and World Bank, to form a coherent system of Global
Governance.
This
institutional set-up must include an adequate supreme judicial body,
which could be institutionalized by linking various existing
international legislative bodies, in particular the one pertaining to
the WTO. The organization of this supreme body will become a
central design challenge, as Maartje van Putten points out.” [22]
There you have it –
in their words, not mine: a coherent system of Global Governance,
a supreme judicial body, a supreme body. These are not
small ideas predicated on the sovereignty of the individual;
these are large ideas espousing the sovereignty of a supranational
state – a New World Order of one world governance.
“Bankers
own the earth. Take it away from them, but leave them the power to
create money and control credit, and with a flick of a pen they will
create enough to buy it back.” [23]
“Those
who create and issue money and credit direct the policies of government
and hold in the hollow of their hands the destiny of the people.” [24]
The
goals of the Millennium Project are without doubt ideals of the highest
order that would greatly improve the quality of life on earth. However,
remember in the first paper of this series The
New World Order – Age
of Discontent, it
was stated that World War I was fought as the war to end all wars. The
intended goal to end all war is as honorable a cause as there is, but to
fight a war to obtain that goal is a lost cause – the end does not
justify the means. In such cases the means can actually prevent the
intended end, as the cure can be worse then the disease.
Conclusion
More
government is not what is needed. Supranational bodies ruling the world
is not what is needed. Governance according to and by the elite
collectivists is not what is needed. Socialism by whatever name is
chosen to mask its hideous face is not what is needed. What is needed is
the end of government intervention into the affairs of the people it is
supposed to represent, and by whom its limited powers were
granted by.
The
money power Honest
Money: What
It Is and What It Isn't - Part 6 The Money Power
that has been usurped by the elite via government bag men should be
returned to We the People. Honest Money of Gold and Silver Coin should
be allowed to circulate as acceptable currency. Let the free market
decide which is best – Honest Money or paper fiat debt-money.
Money
is the basis of all economic, financial, and monetary transactions –
hence it is the physical basis of modern day life. Money is used as the
medium of exchange to procure all other goods and services in the
market, including life’s basic needs. As such it is fundamental for
existence in the modern day world. It is the foundation upon which
stands the rest of societal structure. If the foundation is unsound, all
that is built upon it is unsound as well. See Honest
Money: What
It Is and What It Isn't - Part 7 Problems With Debt Money
for further detail.
Nothing
can be corrected when paper fiat debt-money is allowed to circulate as
money. Paper fiat is nothing but a wealth transference mechanism
that extracts purchasing power and hence wealth from those who use it,
and deposits it to those who control it – the elite moneychangers of
the world.
Honest
Money is the first step needed to be taken to provide any modicum of
chance for the poor and destitute – even the middle class of society
for that matter, as the elite have a stranglehold on all others using
debt servitude as the chains of bondage around one’s neck.
"Lenin
is said to have declared that the best way to destroy the Capitalistic
System was to debauch the currency. . . Lenin was certainly right. There
is no subtler, no surer means of overturning the existing basis of
society than to debauch the currency. The process engages all the hidden
forces of economic law on the side of destruction, and does it in a
manner which not one man in a million can diagnose." [25]
Keynes
got few things right, the above was one of his more lucid moments. So
ends part nine of the New World Order Series.
[1]
Frederic Bastiat, The
Law
[2]
21st
Century Strategies for Sustainability by Haxel Henderson
[3]
21st
Century Strategies for Sustainability Hazel Henderson
[4]
same
[5]
Alan Greenspan – Gold and Economic Freedom
[6]
Quote by Robert Hemphill, Credit Manager FRB of Atlanta
[7]
21st
Century Strategies for Sustainability by Haxel Henderson
[8]
same
[9]
Global
Marshall Plan Initiative (Radermacher, 2004)
[10]
same
[11]
same
[12]
Global
Marshall Plan Initiative (Radermacher, 2004)
[13]
same
[14]
Monterrey Consensus of the International Conference on Financing for
Development
[15]
Global Marshall Plan a Planetary Contract
[16]
The
UN Millennium Development Goals
[17]
The Millennium Project
[18]
Josef Riegler President, Eco-Social Forum Europe Former Vice
Chancellor of Austria.
[19]
Global Marshall Plan A Planetary Contract for a Worldwide Eco-Social
Market Economy by Franz Josef Radermacher
[20]
Brandt Commission Report
[21]
same
[22]
Global Marshall
Plan Initiative
[23]
Sir Josiah Stamp, former President, Bank of England
[24]
Rt. Hon. Reginald McKenna,
former Chancellor of Exchequer, England
[25]
John
Maynard Keynes The Economic Consequences of the Peace

© 2007 Douglas V. Gnazzo
Editorial Archive
All
rights reserved. Any republication without written permission
of author
and Financial Sense prohibited.
CONTACT
INFORMATION
Douglas V. Gnazzo
Honest Money Gold & Silver Report, LLC
Canton Center, CT USA
Email
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About
the author: Douglas V.
Gnazzo is CEO of New England Renovation LLC, a historical restoration contractor
that specializes in restoring older buildings that are vintage historic
landmarks. He writes for numerous websites and his work appears both
here and abroad. Just recently he was honored by being chosen as a Foundation
Scholar for the Foundation for the Advancement of Monetary Education
(FAME).
Disclaimer:
The contents of this article represent the opinions of Douglas V.
Gnazzo. Nothing contained herein is intended as investment advice or
recommendations for specific investment decisions, and you should not
rely on it as such. Douglas V. Gnazzo is not a registered investment
advisor. Information and analysis above are derived from sources and
using methods believed to be reliable, but Douglas. V. Gnazzo cannot
accept responsibility for any trading losses you may incur as a result
of your reliance on this analysis and will not be held liable for the
consequence of reliance upon any opinion or statement contained herein
or any omission. Individuals should consult with their broker and
personal financial advisors before engaging in any trading activities.
Do your own due diligence regarding personal investment decisions. This
article may contain information that is confidential and/or protected by
law. The purpose of this article is intended to be used as an
educational discussion of the issues involved. Douglas V. Gnazzo is not
a lawyer or a legal scholar. Information and analysis derived from the
quoted sources are believed to be reliable and are offered in good
faith. Only a highly trained and certified and registered legal
professional should be regarded as an authority on the issues involved;
and all those seeking such an authoritative opinion should do their own
due diligence and seek out the advice of a legal professional. Lastly
Douglas V. Gnazzo believes that The United States of America is the
greatest country on Earth, but that it can yet become greater. This
article is written to help facilitate that greater becoming. God Bless
America.
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