ALL of the U.S. regulatory bodies and ALL U.S. companies are put under international regulation
Obama Begins Turnover of USA Sovereignty to International Body
By Sher Zieve Friday, April 3, 2009
Moving as quickly as he can to gut the USA and then divide its body parts amongst like-minded globalists, the USA’s Supreme Leader Barack Hussein Obama used the G-20 conference to begin his turnover of USA sovereignty to said internationalists and start the move toward a one-world government. Obama has signed off on international legislation—the Financial Stability Board—that would regulate ALL firms, including those within the USA and places them under the responsibility of an international governmental agency.
On FNC’s Greta Van Susteren’s program, author and columnist Dick Morris noted “literally from April 2nd of this year, that is, today, it’s a whole new world of financial regulation in which, essentially, ALL of the U.S. regulatory bodies and ALL U.S. companies are put under international regulation, international supervision. It really amounts to a global economic government.”
Called the Financial Stability Board (FSB), the pending international body’s legislation—which will of course override the US Constitution—states: “We agree to a framework of internationally agreed upon high standards. We will set up a financial stability board with a strengthened mandate to extend regulation and oversight to all systemically important financial institutions, instruments and markets”—including hedge funds, all—anything that they decide is important to the system—to endorse and implement tough new principles on paying (ph) compensation and to support sustainable compensation schemes and the corporate social responsibility of ALL firms.” The international community will now be able to determine the salaries and compensation of us all.
During this same conference, Obama officially announced the reduction in US nuclear weaponry, so that Iran will be more amenable to sitting down to talk with the US. In other words, he’s again announced to the world that the USA is no longer a threat to anyone—let alone terrorists. Never before in our soon to be short-lived history has the United States of America had this sort of a leader who has now announced—in no uncertain terms—that it is his plan and duty to dismantle and destroy the country he represents. He, his administration members and his Congress (with extraordinary assistance from most notably Barney Frank and Christopher Dodd and their friends) have devastated the US economy, are in the process of eliminating the First and Second Amendments—and the entire US Constitution—have ended free enterprise, established his national youth indoctrination—if not police—force (via the GIVE—Generations Invigorating Volunteerism and Education—Act) and have begun the process of taking over virtually all private companies.
In not yet 100 days, Obama and Company have almost destroyed this country. Under this constant and increasing onslaught and devastation from within—by our “leaders”—can the USA stand much longer? Seriously, can it?
http://canadafreepress.com/index.php/article/9908
Earlier today, leaders of the G-20 nations issued a nine-page Communique announcing they have "pledged to do whatever is necessary to:
- restore confidence, growth, and jobs;
- repair the financial system to restore lending;
- strengthen financial regulation to rebuild trust;
- fund and reform our international financial institutions to overcome this crisis and prevent future ones;
- promote global trade and investment and reject protectionism, to underpin prosperity; and
- build an inclusive, green, and sustainable recovery
Under the heading of 'strengthening financial regulation,' the G-20 leaders state: "We have today also issued a Declaration, Strengthening the Financial System. In particular we agree:
- to establish a new Financial Stability Board (FSB) with a strengthened mandate, as a successor to the Financial Stability Forum (FSF), including all G20 countries, FSF members, Spain, and the European Commission;
- that the FSB should collaborate with the IMF to provide early warning of macroeconomic and financial risks and the actions needed to address them;
- to reshape our regulatory systems so that our authorities are able to identify and take account of macro-prudential risks;
- to extend regulation and oversight to all systemically important financial institutions, instruments and markets. This will include, for the first time, systemically important hedge funds;
- to endorse and implement the FSF’s tough new principles on pay and compensation and to support sustainable compensation schemes and the corporate social responsibility of all firms;
- to take action, once recovery is assured, to improve the quality, quantity, and international consistency of capital in the banking system. In future, regulation must prevent excessive leverage and require buffers of resources to be built up in good times;
- to take action against non-cooperative jurisdictions, including tax havens. We stand ready to deploy sanctions to protect our public finances and financial systems. The era of banking secrecy is over. We note that the OECD has today published a list of countries assessed by the Global Forum against the international standard for exchange of tax information;
- to call on the accounting standard setters to work urgently with supervisors and regulators to improve standards on valuation and provisioning and achieve a single set of high-quality global accounting standards; and
- to extend regulatory oversight and registration to Credit Rating Agencies to ensure they meet the international code of good practice, particularly to prevent unacceptable conflicts of interest."
A few other references:G-20 creates Financial Stability Board from FSF; frees up $1.1 ...
OpRisk and Compliance (subscription) - ?1 hour ago?
The ‘Leaders' Statement' creates a new Financial Stability Board (FSB) from the previous Financial Stability Forum (FSF), with a new macro-prudential ...
Reuters - ?21 hours ago?
Financial Stability Forum is renamed the Financial Stability Board (FSB), given wider mandate to promote financial stability, set financial guidelines and ...
Investment Executive - ?22 hours ago?
By James Langton The Financial Stability Forum has been re-branded as the Financial Stability Board, with an expanded membership and a broader mandate, ...
Merinews - ?4 hours ago?
For strengthening the financial system, the main highlight was the agreement on setting up a new Financial Stability Board (FSB) to succeed the existing ...
ABC News - ?19 hours ago?
But there is a pledge "to establish a new Financial Stability Board (FSB) with a strengthened mandate, as a successor to the Financial Stability Forum (FSF) ...
Financial News (subscription) - ?21 hours ago?
The FSB is, after all, nothing more than the Financial Stability Forum re-established. This body of central banks and regulators, set up in 1999, ...
The Age - ?3 hours ago?
The new FSB and the International Monetary Fund (IMF) will co-operate in monitoring global financial transactions, to provide early warning of future crises ...
Risk Center - ?9 hours ago?
... to address vulnerabilities and to develop and implement strong regulatory, supervisory and other policies in the interest of financial stability. ...
Globe and Mail - ?Apr 2, 2009?
The report was written by the Financial Stability Forum, a group of finance and regulatory officials from around the world. It suggests that, beyond bank ...
Black Star News - ?14 hours ago?
The FSB will from now on "promote co-ordination and information exchange among authorities responsible for financial stability." "The challenge is clear," ...
Bloomberg - ?Apr 2, 2009?
Reflecting it’s enhanced stature, the group will be renamed the Financial Stability Board. “It’s in an odd position,” said Jonathan McMahon, ...
EasyBourse.com - ?22 hours ago?
LONDON -(Dow Jones)- The Group of 20 leading economies is reestablishing the Financial Stability Forum as the Financial Stability Board, to mark a break ...
Wall Street Journal - ?Apr 2, 2009?
The Financial Stability Forum Thursday embraced for the first time the idea of a capital floor for banks, referring to it as a "supplementary non-risk based ...
Heritage.org - ?19 hours ago?
Third, “a new Financial Stability Board (FSB) with a strengthened mandate, as a successor to the Financial Stability Forum (FSF)” will be created. ...
guardian.co.uk - ?21 hours ago?
"To date, most boards of directors of financial firms have viewed compensation systems as being largely unrelated to risk management and risk governance. ...
Business Spectator - ?15 hours ago?
Thanks to the international Financial Stability Forum, which overnight became the Financial Stability Board, we now know what the 'sub-prime-proof bank' ...
Reuters - ?Apr 2, 2009?
(Reuters) - The Financial Stability Forum of leading central bankers and regulators published plans on Thursday to tighten how financial markets are ...
SmartBrief - ?3 hours ago?
The Financial Stability Forum, made up of bank regulators worldwide, agreed to work toward establishing tougher capital requirements for financial ...
Reuters - ?Apr 2, 2009?
The Financial Stability Forum of leading central bankers and regularly bodies also said that banks would have to put aside more and higher quality capital ...
Economist - ?Apr 2, 2009?
The detail is best left to the experts, and ahead of the G20 summit, they worked overtime, producing several big reports for the Financial Stability Forum ...
Financial News (subscription) - ?Apr 2, 2009?
... should be organised, while it announced the creation of a Financial Stability Board with an enhanced mandate to replace the Financial Stability Forum. ...
FinancialAdvice.co.uk - ?18 hours ago?
The Financial Stability Forum (FSF) is likely to be given the job of overseeing worldwide financial markets and ensuring that regulations are in order, ...
Bloomberg - ?Apr 1, 2009?
The FSF is expected to announce plans to overhaul financial regulation at a summit of Group of 20 nations tomorrow. The FSF last month expanded to include ...
Financial News (subscription) - ?Apr 2, 2009?
The Financial Stability Forum, the body of central banks and financial regulators, has proposed radical measures for capital requirements in the banking ...
On FNC’s Greta Van Susteren’s program, author and columnist Dick Morris noted “literally from April 2nd of this year, that is, today, it’s a whole new world of financial regulation in which, essentially, ALL of the U.S. regulatory bodies and ALL U.S. companies are put under international regulation, international supervision. It really amounts to a global economic government.”<<<
“And America will be taken over, without a shot being fired!!!”
I forget who said it, but obama has made it happen.