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OpEdNews Op Eds    H2'ed 5/27/09

Bilderberg Plans For Economic "Recovery"

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With the secret annual meeting of the Bilderbergers for 2009 completed news of their agenda is leaking out, and it is what you might have expected.

In attendance from the United States were such people as Timothy Geithner, Treasury Secretary, who is very connected as his background reveals, having been an ex-employee of Henry Kissinger Associates, a former Clinton Treasury official, a senior executive at the International Monetary Fund (IMF), a member of the Council on Foreign Relations (CFR), and ex-president of the Federal Reserve Bank of New York.

Lawrence Summers, Director of the National Economic Council, who has a history of being a key lobbyist for the repeal of the Glass Steagall Act, which was repealed in 1999 with the legislation signed into law by President Clinton. The repeal of this act enabled lenders such as Citigroup t underwrite and trade instruments such as mortgage-backed securities and collateralized debt obligations and thus established SIVs (structured investment vehicles that bought those securities. There are economists who strongly feel the repeal of this act has contributed greatly to the global financial crisis we are now experiencing. Summers has also served as chief economist for the World Bank, as a Goldman Sachs consultant, and managing director D.E. Shaw Hedge Fund Group. Summers also wanted to import toxic garbage to poor Third World countries because the people were going to die younger anyway. A real treat to mankind is Summers.

Paul Volcker is a former chairman of the Federal Reserve Board, he was a major player in the Reagan era in spearheading financial deregulations, which ended in major bankruptcies, junk—bond mergers and acquisitions, and climaxed with the 1987 Black Monday stock market crash. He is presently on Obama's team as Chair of the President's Economic Recovery Advisory Board.

Michael Chossudovsky in his article, Who Are The Architects of Economic Collapse, said of this group, along with “..Phil Gramm, Bernanke, Hank Paulson, Rubin, not to mention Alan Greenspan, et al are buddies; they play golf together,; they have links to the Council on Foreign Relations and the Bilderberg Group; they act concurrently in accordance with the interests of Wall Street; they meet behind closed doors; they are on the same wave length; they are Democrats and Republicans.”

Chossudovsky goes on to say, “While they may disagree on some issues, they are firmly committed to the Washington-Wall Street Consensus. They are utterly ruthless in their management of economic and financial processes. Their actions are profit driven. Outside of their narrow interest in the 'efficiency' of 'markets,' they have little concern for 'living human beings.' How are people's lives affected by the deadly gamut of macro-economic and financial reforms, which is spearheading entire sectors of economic activity into bankruptcy...”

Thus, as he points out, Obama has formed a financial team composed of the architects of financial deregulation, people appointed by Wall Street who act on behalf of Wall Street. This proposed 'solution' to the crisis is actually the cause of further economic collapse. I ask,”Is this the 'change' people voted for?”

This brings further concern in light of the financial agenda set forth by this Bilderberg meeting as Carl Bildt, Sweden's minister for foreign affairs made the pitch for a global Department of Treasury and Department of Health, with all nations surrendering sovereignty over these issues to the United Nations (UN). He proposed the International Monetary Fund (IMF) to become the Treasury Department and the World Health Organization to become the World Health Department.

Bildt goes on to say, “This is an urgent economic crisis unlike anything we have dealt with in living memory.” He called for world (UN) solutions to virtually all problems. He cited the European Union as 'model of integration, saying it is emerging as a global factor. He advocates expanding NAFTA throughout the Western Hemisphere to create an “American Union.” If Obama intends on being a two-term president he will have to waffle on his stance during the presidential campaign where he voiced the possibility of withdrawal from NAFTA. Of course, with the Security and Prosperity Partnership due to be implemented in 2010 he would be able to tell the people we are getting out of NAFTA while not telling us we are entering into the SPP, which many have indicated it is NAFTA on steroids.

The IMF sent a report to Bilderberg advocating its rise to the role of World Treasury Department. Timothy Geithner enthusiastically endorsed the plan for a World Treasury Department, most likely with hopes of becoming its leader, even though the United States of America would be relinquishing its sovereignty in this area. Geithner goes on to say, “Ordinary Americans, small business owners and community banks who did the right thing and played by the rules are suffering from the actions of those who took on too much risk.” Rather like sticking a thumb in the eye of those who played by the rules, as $Trillions were simply given to those who acted unwisely in their quest of profits created in part through fraudulent means.

Geithner further states, “These (problems) are all welcoming signs, but the process of financial recovery and repair is going to take time. The people of Europe and America will have suffered enough to embrace a World Treasury Department.” This last statement makes one look at the major crisis as one that has been contrived in order for the government to have a solution to a 'problem' that has the people crying out for. It may also be a reason there has been little resistance, even some advancement, of the idea to rid us of the “Fed.” In the past such talk was quickly extinguished. Some even advocate JFK was assassinated because he was moving ahead on having the US print its own currency in the form of the Silver Certificate. One of the first actions of LBJ after assuming the presidency was to stop that movement.

The European Union (EU) is going through problems in strengthening their hold over nations with the Irish holding out on accepting a stronger Lisbon Treaty which would create an even stronger EU, creating a permanent (instead of rotating) chairman and a more powerful Parliament. The EU Parliament can even now impose laws on member states (note, they are not even referred to as countries).

Irish voters rejected this EU expansion in an earlier referendum, but Bilderberg is pressing for another vote. Citizens of France and Germany overwhelmingly opposed the measure, but their heads of stat signed off. So much for the future of the US in terms of managing her own destiny, financially or otherwise.

With Americans meeting and advocating we be entered into such programs one must ask, “How does such action by these individuals not make them traitors? It would appear they are committing a treasonous act as the definition of treason is, “the offense of acting to overthrow one's government or to harm or kill its sovereign; a violation of allegiance to one's sovereign or to one's state; the betrayal of a trust or confidence, breach of faith, treachery.”

Advocating the US enter into this World Treasury Department, thus losing it sovereignty, is treason. Those going ahead with such action have to be considered traitors, but shall not see any legal actions taken. Instead, these individuals will be praised by the corporate media propagandists.

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Dennis Kaiser is an author and consultant focusing on individual rights. As a US citizen Dennis is deeply concerned over how our nation has fallen from being productive and full of hope to one where that hope is being stripped from the majority (more...)

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