Davos chief: Use crisis to nationalize banks

http://www.worldnetdaily.com ^ | January 28, 2009 | Jerome R. Corsi

[luv2ndamend]

Leaders at economic forum see meltdown as chance to expand government control

NEW YORK – A call to utilize the current global economic crisis as a panic in which governments worldwide can move to nationalize banks is emerging from the 2009 World Economic Forum in Davos, Switzerland.

The forum's founder, Klaus Schwab, told CNN yesterday the current global economic slowdown is a "transformational crisis" that should be utilized to shape a "new world."

"Above all else this is a crisis of confidence," Schwab said. "To restore confidence you have to establish signposts that the world after the crisis will be different. We have to create a new world and that is what Davos 2009 will be all about – serving society."

[Clock King]

[DuncanWaring]

...that is what Davos 2009 will be all about – serving society."

Was it H. L. Mencken who said "The urge to serve is always a cover for the urge to rule"?

[Cacique]

Ideas are more powerful than guns. If we don't let our people have guns, why should we let them have ideas?
-- Josef Stalin

[Sioux-san]

Sounds good to me - a lot better than just screaming at the TV set.