Posted on 04/03/2009 11:45:44 AM PDT by Kackikat
He is the enemy and the idiot within.
The global economy is already here, and if they get legal, there is nothing else....our complete nation is no longer it’s own, but just part of the Global Government. Notice the tax part of this:
http://financialexecutives.blogspot.com/2009/04/g-20-leaders-pledge-action-financial.html
Morris makes me want to puke
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Beggars can’t be choosers. at least he has the balls to speak out, unlike our POS GOP.
Amen to the enemy part. Couple this info with the ACORN whistleblower, that the NYT refused to print article prior to election, because it would have been a “game changer”.
We now have our own “Hugo Chavez”.
GLOBAL GOVERNMENT COULD BE NEXT
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fight for sovereignty or lose it forever.
Morris: Obama a ‘Disaster’ at the G20 Summit
Friday, April 03, 2009
Print ShareThisThis is a rush transcript from “On the Record ,” April 2, 2009. This copy may not be in its final form and may be updated.
GRETA VAN SUSTEREN, FOX NEWS HOST: Well, it’s over. The G-20 summit in London is now in the history books. The leaders pledged to pump $1.1 trillion into the International Monetary Fund and created an international body to fight (ph) problems in the global economy. So now what? Who supplies the $1.1 trillion for the loans? And who makes up the international body to flag the problems in the global economy?
Joining us live is Dick Morris. And don’t forget, you can sign up at Dickmorris.com to get all of Dick’s columns e-mailed to you free.
All right, Dick, before we get to the actual G summit, the president described — and I suppose in a little cavalier, flip way — he described his performance, or his success or — I guess performance is a better word — as “OK.” Do you give him a higher grade than he gives himself is OK? I think he’s being — having a little fun with it. But what do you think?
DICK MORRIS, DICKMORRIS.COM: Well, it depends on what you want to achieve. I think it was a disaster, but it’s probably a disaster he likes. 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.
Let me read you from the communique, Greta. “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.”
Just when Obama is accused of socialism, he’s essentially creating world economic governance. This means that the FSB, this newly created board, Financial Stability Board, patterned on the Financial Stability Forum that now exists, headed by an Italian banker, populated largely by the European bank executives, will make the decisions on what standards our own SEC and Federal Reserve board should apply to all firms in the United States of any significant size about executive compensation, market activities, and a whole range of issues that used to be under free enterprise reserved for private decision making.
Column ArchiveMorris: Obama a ‘Disaster’ at the G20 Summit
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FBN’s Alexis Glick Answers Your Questions
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Full-page Interview Archive
VideoWatch the video
Show InfoAirs Weekdays at 10 p.m. ET
E-mail the Show: ontherecord@foxnews.com
Greta Van Susteren’s Bio
Read the GretaWire
Interview Archive
Greta’s Pod Cast
This is an unbelievably radical document! This trivializes everything Obama’s done until now!
VAN SUSTEREN: All right, the Financial Stability Board that you’re speaking of — two questions. Who makes up this board? Actually, it’s three. Who makes up the board? Who decides who makes up the board? And is the board almost a sort of a — an intellectual exercise, in the sense hat it makes reference to what people — what countries should do, or is it — or is it mandatory?
MORRIS: Well, it’s made up the central bankers of the G-20 states. And one of the ironies and things about this is the United States has about 60 percent of the assets of the G-20 — no, I’m sorry, about 40 percent of the assets of the GDP of the entire G-20, and yet we have one vote and Argentina has one vote.
But the central bankers make this up. They essentially are more or less a self-perpetuating oligarchy. They’re not really chosen by anybody. I suppose they’re appointed by their prime ministers and presidents, but that’s a lengthy and arm’s length process.
And as to whether their rules will be advisory or mandatory, it’ll be up to them. Clearly, this communique indicates that they want agreed upon high standards, which means uniformity. And they presumably will have the power to compel this through their member states.
You know, I’ve had a long experience in dealing with the European Union, and this is how they operate. All the focus was on how much will there be in the stimulus package, $1.1 trillion. And did Obama win? Did Sarkozy win? And in the meantime, they slip this in under the radar, which is absolutely creating an international economic union.
VAN SUSTEREN: Did anybody oppose it, any country say, Look, this is a lousy idea?
• Watch Greta’s interview with Dick Morris
MORRIS: Yes, Obama. This was so unbelievable. Obama was the one pressing for less regulation and more spending. And he had to convince the Europeans. But eventually — but Obama himself is a socialist, I believe, and he had no problem really with this.
This truly creates a global economic system. From now on, don’t look to Washington for the rule making, look to Brussels.
VAN SUSTEREN: All right, the $1.1 trillion loan for the IMF, who pays that $1.1 trillion? I mean, I know that we’re quite a generous nation.
MORRIS: I think we pay.
VAN SUSTEREN: We contribute a lot. But I’m trying to figure out how much we’re — you know, we’re putting into the kitty.
MORRIS: I forget the exact number. I think we pay 250 and the other countries chip in the rest. But the point is that the European — the IMF, the International Monetary Fund, and the FSF, the Financial Stability Forum, are basically European operations. They’re run by Europe. The World Bank is run by the United States.
And at Bretton Woods, when they set this up, they sort of said Europe has the IMF and the United States has the World Bank. And what that means, really, is that European socialists are going to be making the regulatory rules concerning compensation for all, all systemically important U.S. firms. All!
VAN SUSTEREN: And we got to go. We got to go, Dick. Thank you.
video at
http://freedomneedsyou.blogspot.com/
Also related: “A Global Islamo-Socialist Stimulus Plan”
http://www.freerepublic.com/focus/f-news/2221746/posts
Morris: “Let me read you from the communique, Greta. ‘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.’”
Oh brother.
Among many, many disturbing things about this, my bullshit detector
senses a nifty new buzzword: “sustainable compensation.”
Watch for that to have puppies all over the place. It’s what Barney
Frank has been fulminating about, it’s about the AIG bonuses, it’s
about a final comeuppance to the eeevil rich. Except, it’s about
income, not wealth (yet). Which means it’s about the wealthy staying
wealthy, and the rest of us being “sustainable.”
You got it, and just when should a foreign bank entity like IMF have control over compensation for American workers.
And look at this video below, when Obama is asked about who is to blame for credit crunch:
http://www.youtube.com/watch?v=ojeTr9P7ax4
We have been sold down the river.......
Ping
A picture is worth a thousand words.
Are you shooting the messenger or the message?
He's no messenger. He's a huckster. Why he gets credence is a mystery to me.
Sometimes he speaks the truth, it seems some don’t want to recognize the message because the dislike the messenger.
Financial Stability Forum
http://www.fsforum.org/press/pr_090402b.pdf
If you don't trust the man, it's a bit difficult to sort out whether to trust the message, eh?
If they think we won’t fight, they’re sorely mistaken. There are plenty of Americans left in this country, whether our enemies in Washington realize it or not.
We need a picture of the NEW World Order Flag, I think it will look something like the “Sword through the Earth” flag that was on that one mirror universe episode of Star Trek.
I know I am a geek.
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