Gordon Brown calls again for a New World Order

Prime Minister Gordon Brown believes the world financial crisis offers the opportunity to establish a "truly global society".

Mr Brown will use a high-profile speech in the City of London to say that Britain, the US and Europe should join together to provide leadership in the creation of a "stronger and more just international order".

He wants this weekend's emergency summit of world leaders in Washington to reach consensus on a new framework for the international financial system, featuring a reformed IMF which will act as a global early-warning system for financial problems, he will say.

The Prime Minister promised to work with US President-elect Barack Obama to build a new global society in which the markets are subjected to morality and ordinary people's interests are put first.

In his annual foreign policy speech to the Lord Mayor of London's Guildhall banquet, Mr Brown will say that the transatlantic relationship between Britain and Europe and the USA can be the driving force behind the creation of a new international order.

"The alliance between Britain and the US - and more broadly between Europe and the US - can and must provide leadership, not in order to make the rules ourselves, but to lead the global effort to build a stronger and more just international order," Mr Brown will say.

"The transatlantic relationship has been the engine of effective multilateralism for the past 50 years.

"As America stands at its own dawn of hope, so let that hope be fulfilled through a pact with the wider world to lead and shape the 21st century as the century of a truly global society.

"And I believe the whole of Europe can work closely with America to meet the great challenges which will test our resolution and illuminate our convictions."

Michael

michael@2008-2015.org

The call for a NEW WORLD ORDER

Dear Readers!

Please read the news carefully nowadays! All major politicians and bankers use phrases like “economic global governance” or “new global financial order (or system)”. We are seeing in real time the preparations for total control, probably through what Revelation calls “the mark of the beast”…

¹⁶ And it puts under compulsion all persons, the small and the great, and the rich and the poor, and the free and the slaves, that they should give these a mark in their right hand or upon their forehead, ¹⁷ and that nobody might be able to buy or sell except a person having the mark, the name of the wild beast or the number of its name. ¹⁸ Here is where wisdom comes in: Let the one that has intelligence calculate the number of the wild beast, for it is a man’s number; and its number is six hundred and sixty-six. (Revelation13)

The world’s central bankers are gathering this week at the IMF-World Bank conference in Washington DC and are expected to grease the skids for the creation of a machinery of world economic governance under the pretext of preventing a repeat of the financial crisis, a global economic policeman to patrol a de-facto financial dictatorship.

Bilderberg member and recently appointed UK Business Secretary Peter Mandelson (pictured above) argued last week that new global solutions are needed because “the machinery of global economic governance barely exists”, adding: “It is time for a Bretton Woods for this century,” reports the Telegraph, noting that “Opinion is now hardening around the case for a new global architecture to enforce rules that ensure lessons are learnt.”

This followed the proposal to create a new EU body to regulate banks across the entire European financial market.

Top EU officials, including economy commissioner Joaquin Almunia, have stated that the EU should have greater powers to regulate and intervene in the operations of financial institutions across Europe.

Influential media giants like the Wall Street Journal are pushing a “new world order” to solve the crisis, while British Prime Minister Gordon Brown called for a “a new global financial order” to supersede the institutions created after World War II.

The elite are up to their old tricks again, after all, a leopard never changes its spots.

They created the problem of wildly irresponsible fractional reserve banking, the debt bubble and the credit crunch by ceaselessly inflating the money supply and now they are going to offer their solution to the crisis - the further centralization of global economic power into fewer hands.

Appointing the former CEO of Goldman Sachs to oversee the bailout and ensure the bankers divvy up the spoils of the greatest stick-up heist in history amongst themselves was not enough for these fascists - they want to go full board and exploit the crisis they caused to advance the stuttering agenda for world government that has been in the works for the best part of 100 years at least.

*********************

I again advice my readers to take out their money and buy tools, goods, containers, batteries, transistors, motors, tins & cans etc. now, as long as money has any value and as long as it is possible to buy and sell without this mark.

May God protect all the faithful ones,

Michael

lwoe@gmx.at

Dear Readers!

Read this article. It gives an outline as to how and why the housing bubble was generated and why the Bush Administration cannot let anyone find out. They have to destroy all the evidence now!

The so called “bail-out” bill was passed on Friday evening and signed into law by president Bush immediately. Now they way is free for Paulson to act as the “great saviour”. This bail out plan now means total, un-reviewable control in the hand of one single person, who is for decades part of the elitist financial system.

This bill means that the Paulson takes over all the crappy mortgages of the American citizens. Which in turn means that all those people are now “slaves” to the state, biblically speaking…

7 The rich is the one that rules over those of little means, and the borrower is servant to the man doing the lending. (Proverbs22)

The NWO has taken their stand.

Michael
lwoe@gmx.at

OCTOBER 1, 2008—Tonight the Senate passed the $700 billion Wall Street bailout bill by a vote of 74-25. This follows the rejection of the bill by the House on Monday. In an MSNBC poll, 62 percent of Americans oppose the giveaway, but the lobbyists are doing everything possible to assure the rejection is overturned. According to Bob Borosage, co-director of The Campaign for America’s Future, House leaders "are bringing in the small business lobby and the banking lobby to buy the twelve Republican votes they need." The Senate took up the bill in order to pressure House members who voted against it to change their positions when it returns to a vote on the House floor on Friday. This procedure may be unconstitutional, because revenue bills must originate in the House, but there is no time or political will for anyone to mount a challenge on constitutional grounds. As another means of inducement—or blackmail—the bill includes the repeal of the wildly unjust alternative minimum tax.

Every reputable economist commenting on the bill opposes it, including NYU’s Nouriel Roubini, who says the plan is "totally flawed." He says the plan is: "a disgrace: a bailout of reckless bankers, lenders, and investors that provides little direct debt relief to borrowers and financially stressed households and that will come at a very high cost to the US taxpayer."

My own view is that the plan is worse than that: a crime; grand larceny on a monumental scale. Here’s why: We know that the debacle started with homeowner defaults on subprime mortgages and that it has now spread to other types of mortgages as foreclosures spread. We know that the unhealthy use of subprime mortgages started during the Clinton administration, as did the bundling and sale of these mortgages into mortgage-backed securities sold in the financial markets.

What has not been reported is that the Bush administration turned these acts of reckless lending into a national program of mortgage fraud. Soon after George W. Bush became president in 2001, meetings at the White House between Federal Reserve Chairman Alan Greenspan and administration officials became more frequent. According to mortgage industry insiders I have interviewed, direction soon began to come down from the banks to mortgage brokers to falsify borrower income information to allow them to qualify for loans that were otherwise out of reach.

The FBI has investigations underway to prosecute some of these cases of mortgage fraud. But they are not reaching above the brokers’ level. The FBI is not gaining access—or at least they have not reported it publicly—to information about collusion at the political level or at the level of the banks which provided the leveraged funding for mortgage money. But at the time the housing bubble was inflating, no one was watching. Note that when Secretary of the Treasury Henry Paulson testified before the Senate Banking Committee last week, he said he was shocked to learn when assuming office in June 2006 that no federal agency regulated mortgage lending. Rather this was an area left to the states. What Paulson did not say was that when the states attempted to intervene, they were blocked by the Treasury Department’s Office of the Comptroller of the Currency. In a February 14 article in the Washington Post written before he resigned, New York governor Eliot Spitzer wrote:

"In 2003, during the height of the predatory lending crisis, the OCC invoked a clause from the 1863 National Bank Act to issue formal opinions preempting all state predatory lending laws, thereby rendering them inoperative. The OCC also promulgated new rules that prevented states from enforcing any of their own consumer protection laws against national banks. The federal government's actions were so egregious and so unprecedented that all 50 state attorneys general, and all 50 state banking superintendents, actively fought the new rules. But the unanimous opposition of the 50 states did not deter, or even slow, the Bush administration in its goal of protecting the banks. In fact, when my office opened an investigation of possible discrimination in mortgage lending by a number of banks, the OCC filed a federal lawsuit to stop the investigation."

Why did the Bush administration do this? The only possible answer is that it had every intention of producing the housing bubble, one that had the effect of not only inflating the cost of homes and real estate but also pumping billions of dollars of borrowed cash into the economy through mortgage and home equity loans. The bubble enriched huge numbers of executives, managers, and shareholders throughout the financial and real estate industries, and provided jobs to millions of people. The bubble also brought back foreign capital to U.S. markets that had been scared away by the dot.com bust of 2000-2001. Everyone seemed to benefit, but it was those at the top who skimmed the greatest profits. And for an economy that had already given away millions of its best manufacturing jobs through NAFTA, Most-Favored-Nation trading policies with China, World Trade Organization agreements, etc., the bubble acted as a kind of substitute economic engine. It also resulted in tax revenues that allowed the Bush administration to implement its 2001 and 2003 tax cuts for the rich and provide funding for the Afghanistan and Iraq wars.

Of course these tax revenues were not enough, as the national debt soared to over $9 trillion during the Bush years as well. Economist Dean Baker of the Center for Economic and Policy Research makes the point: "The near hysterical discussion (count the times ‘Great Depression’ appears in news stories) of the bailout still largely fails to recognize the roots of the economy's current problems in the collapse of the housing bubble. Much of the discussion assumes that the problem is just bad subprime loans and that house prices will bounce back once the credit markets are working properly."

The point is critical, because what the Senate and House leaders are telling us, as are President George W. Bush, presidential candidates Barack Obama and John McCain, and Federal Reserve Chairman Ben Bernanke, is that the bailout is to get the American economy moving again. Credit, they say, is the lifeblood of the economy, and without credit no one can make a move. But credit is the lifeblood of the economy only because people are broke. Purchasing power in the U.S. has collapsed, and it is getting worse as the recession which has now begun worsens. People can’t get loans, not because the credit markets are stalled, but because they have no savings for down payments and can’t afford to repay what they wish to borrow. If they could repay their loans, plenty of credit would be available. But there is no money—and no savings—within the economy for it to get moving again. The only possible source is more federal borrowing to prime the pump Keynesian-style. That is what the politicians claim the bailout will do. But it won’t.

Then what is happening?

What is happening is that the Bush administration is engineering a massive raid on the Federal treasury to pay off the people within the financial industry who have been operating the housing scam because the politicians told them to do it. This is hush money.

The people in the financial institutions who are getting the money will be passing it on to the big banks that leveraged their criminal lending practices. The giant sucking sound you hear is almost a trillion dollars of future taxpayer earnings going into the vaults of the nations’s biggest banks, such as Citibank, Bank of American, and—the pet bank of the Rockefeller family—J.P. Morgan Chase.

Much will also go into the vaults of foreign investors such as the Bank of China. And these banks have no intention of recycling the money into productive U.S. investments. Despite the political posturing, where much of it will go at the second or third tier is into executive salaries and bonuses. The fat cats are "gittin’ out while the gittin’s good."

What happens next?

Well, it is already happening. In the post-bubble era there will be no more economic engines for the American economy. A long term recession and depression are inevitable, and they are expected by those in the know. In fact, there has been a plan in the works for a very long time to bring down the U.S. economy, and it will be happening over the coming months.

This is why the government is also preparing to implement martial law, or something close to it, in case public unrest breaks out. We will likely also see a clampdown on free speech, the right to protest, and use of the internet. Federal facilities are being prepared all around the country to backstop state prisons and local jails that are already bursting at the seams. This is the plan, so people need to begin to take whatever measures they can to cut their cost of living, get out of debt, and protect themselves and their families.

Richard C. Cook is a former U.S. federal government analyst, whose career included service with the U.S. Civil Service Commission, the Food and Drug Administration, the Carter White House, NASA, and the U.S. Treasury Department. His articles on economics, politics, and space policy have appeared in numerous websites and print magazines. His book on monetary reform, entitled We Hold These Truths: The Hope of Monetary Reform, will soon be published. He is the author of Challenger Revealed: An Insider’s Account of How the Reagan Administration Caused the Greatest Tragedy of the Space Age, called by one reviewer, "the most important spaceflight book of the last twenty years."

Terror threat in UK 'approaching critical'

Dear Readers!

There is more propaganda now to keep people in fear. This will allow the powers to stage another terror event which in turn will allow them to seize more power and liberties. Here is the article from the UK Telegraph...

The terrorist threat in Britain is approaching critical as police and MI5 face an increase in activity by al-Qaeda militants, senior security officials have disclosed.

The threat level is at the "severe end of severe" according to sources who say the level of "chatter" among terrorist cells has increased in recent months.

The security services say they are now operating at full stretch to counter the elevated threat.

Britain's close relationship with the US has been particularly inflammatory after cross-border raids into Pakistan by American forces.

Security officials had considered downgrading the official threat level from "severe" but that plan has now been abandoned as a result of the increase in terrorist activity.

A senior counter terrorism source said: "We were looking at the threat level six months ago and asking how severe is severe? But it is October now and we are at the severe end of severe.

"Al-Qaeda's core exists on the Afghan-Pakistan border. The arrangement of people changes at a frighteningly rapid pace but they have enough people to replace them and there are people who are looking at us and at external operations, some at this country in particular.

"We are not chasing shadows. These are potential threats to security and life. Police and the security network are operating at full capacity."

The source said a review by the Joint Terrorism Analysis Centre, which looks at information from MI5, MI6 and GCHQ, had considered downgrading the threat from "severe," meaning an attack is highly likely, to "substantial," meaning an attack is a strong possibility, but that move was abandoned after the level of activity increased.

The assessment, which has five levels, has been considered severe since the arrest of the men allegedly plotting to attack transatlantic airliners in 2006 but moved up to "critical," meaning an attack is imminent, during last year's car bomb alert which led to the attack on Glasgow airport.

It is now only just below that level.

MI5 is watching around 200 networks across Britain and MI6 and GCHQ are constantly monitoring communications on the crucial Afghan-Pakistan border area.

Although key commanders have been killed in air strikes, one of the particular concerns is the disappearance of Rashid Rauf from Birmingham, an alleged al-Qaeda mastermind who escaped from Pakistani custody last December.

Security officials are also worried about threats which may come from off the radar.

They are particularly worried by lone operators who "self-radicalise" over the internet and stock-pile chemicals from domestic sources.

"They are discreet from traditional networks and have a very small intelligence signature which makes them hard to pick up," the source said.

There is also a fear that some in the Somali community in Britain could have "potential connections" with al-Qaeda terrorists.

Last week's attack on the US embassy in the Yemen means security officials now consider the Arabian peninsular "particularly combustible."

"Over the past year, al-Qaeda has invested huge energy in outlying organisations," the source said.

But it is the lone operators who pose the biggest threat, particularly since attempts to cut off the supply of "kitchen chemicals" used in home made bombs, such as hydrogen peroxide and ammonium nitrate, have been unsuccessful because they are so widely available.

"We are doing a lot of research work into the detection of explosives at train stations and so on but this really demonstrates the importance of preventing radicalisation," the source said.

Part of the strategy has involved tackling al-Qaeda propaganda over the internet.

"We are looking at the way we see the threat as a movement by the al-Qaeda core and we're finding a new language to help move on the debate," the source said. "Whatever they do, we want to do."

The Office for Security and Counter-Terrorism, a part of the Home Office which co-ordinates Britain's count-terrorism strategy, is working on a number of strategies for diverting vulnerable young men and de-radicalising those who have become involved with extremist organisations.

"We have limited evidence about what works but we want to get moving forward," the source said. "We need some quick wins."

The terrorist threat in Britain is approaching critical as police and MI5 face an increase in activity by al-Qaeda militants, senior security officials have disclosed.

The threat level is at the "severe end of severe" according to sources who say the level of "chatter" among terrorist cells has increased in recent months.

The security services say they are now operating at full stretch to counter the elevated threat.

Britain's close relationship with the US has been particularly inflammatory after cross-border raids into Pakistan by American forces.

Security officials had considered downgrading the official threat level from "severe" but that plan has now been abandoned as a result of the increase in terrorist activity.

A senior counter terrorism source said: "We were looking at the threat level six months ago and asking how severe is severe? But it is October now and we are at the severe end of severe.

"Al-Qaeda's core exists on the Afghan-Pakistan border. The arrangement of people changes at a frighteningly rapid pace but they have enough people to replace them and there are people who are looking at us and at external operations, some at this country in particular.

"We are not chasing shadows. These are potential threats to security and life. Police and the security network are operating at full capacity."

The source said a review by the Joint Terrorism Analysis Centre, which looks at information from MI5, MI6 and GCHQ, had considered downgrading the threat from "severe," meaning an attack is highly likely, to "substantial," meaning an attack is a strong possibility, but that move was abandoned after the level of activity increased.

The assessment, which has five levels, has been considered severe since the arrest of the men allegedly plotting to attack transatlantic airliners in 2006 but moved up to "critical," meaning an attack is imminent, during last year's car bomb alert which led to the attack on Glasgow airport.

It is now only just below that level.

MI5 is watching around 200 networks across Britain and MI6 and GCHQ are constantly monitoring communications on the crucial Afghan-Pakistan border area.

Although key commanders have been killed in air strikes, one of the particular concerns is the disappearance of Rashid Rauf from Birmingham, an alleged al-Qaeda mastermind who escaped from Pakistani custody last December.

Security officials are also worried about threats which may come from off the radar.

They are particularly worried by lone operators who "self-radicalise" over the internet and stock-pile chemicals from domestic sources.

"They are discreet from traditional networks and have a very small intelligence signature which makes them hard to pick up," the source said.

There is also a fear that some in the Somali community in Britain could have "potential connections" with al-Qaeda terrorists.

Last week's attack on the US embassy in the Yemen means security officials now consider the Arabian peninsular "particularly combustible."

"Over the past year, al-Qaeda has invested huge energy in outlying organisations," the source said.

But it is the lone operators who pose the biggest threat, particularly since attempts to cut off the supply of "kitchen chemicals" used in home made bombs, such as hydrogen peroxide and ammonium nitrate, have been unsuccessful because they are so widely available.

"We are doing a lot of research work into the detection of explosives at train stations and so on but this really demonstrates the importance of preventing radicalisation," the source said.

Part of the strategy has involved tackling al-Qaeda propaganda over the internet.

"We are looking at the way we see the threat as a movement by the al-Qaeda core and we're finding a new language to help move on the debate," the source said. "Whatever they do, we want to do."

The Office for Security and Counter-Terrorism, a part of the Home Office which co-ordinates Britain's count-terrorism strategy, is working on a number of strategies for diverting vulnerable young men and de-radicalising those who have become involved with extremist organisations.

"We have limited evidence about what works but we want to get moving forward," the source said. "We need some quick wins."

Michael
lwoe@gmx.at