EU Leaders Call for Global Currency, Oct 2008

Just terrible news on Infowars...

Kurt Nimmo
Infowars
October 17, 2008

If we are to believe the Washington Post, French president and current EU leader Nicolas Sarkozy has pledged to save us from nameless “freewheeling bankers and traders” who get the blame for the current economic crisis.

British Prime Minister Gordon Brown speaks to French President Nicolas Sarkozy during the financial crisis summit gathering Eurogroup heads of state and government at the Elysee Palace in Paris. Sarkozy, Gordon Brown, and EU honcho José Manuel Barroso are talking up an international summit to discuss an “urgent overhaul of the world’s financial architecture,” that is to say a new Bretton Woods to establish a brand spanking new international economic order.

Sarkozy has managed to grab George Bush’s ear and he will travel to Washington on Saturday to lay the groundwork for a conference. In 1944, 44 allied nations met at a resort in Bretton Woods, New Hampshire, to fiddle with monetary standards, fix exchange rates, and create the IMF and World Bank. “Launching a remake of this old model — particularly in such a short time, with so many new participants — would represent a daunting challenge at any time, but particularly during the twilight of the Bush presidency and the crisis that is still jolting banks and stock markets around the world,” reports the Post. Sarkozy and the EU leaders would have us believe this new Bretton Woods will call for “globally coordinated regulation of the financial industry, elimination of tax havens and a compensation system in which traders are not rewarded for dangerous risk-taking,” among other things.

It was the demise of Bretton Woods in 1971, insists European Central Bank president Jean- Claude Trichet, that led to the abandonment of regulation and subsequent market turmoil. “The explosion of the first Bretton Woods in a way could be interpreted as a rejection of discipline,” said Trichet, reports Bloomberg. At 55 seconds into this video, AFP reports on the prospect of a World Wide Currency.

Gordon Brown, the former Chancellor of the Exchequer, wants to fix that turmoil with a new spate of regulations aimed at international finance. On October 13 in London, Brown said “we must devise new rules for a world of global capital flows” just as the founders of Bretton Woods “devised rules for a world of limited capital flows.” “We now have global financial markets but what we do not have is anything other than national and regional regulation and supervision,” Brown lamented from Brussels.

All of this is nonsense. It should be obvious by now the bankers engineered the current crisis in order to consolidate their hold on the global economy and all the talk about rogue traders, tax havens, and over-compensated executives is merely that — talk, or more specifically a sales pitch, a slick parlor trick devised to fool the commoners.

Glossed over in all the corporate media coverage is the global elite demand that a global currency be established. “Europe wants to present a blueprint for a new worldwide currency system” Another subject in tomorrow’s world is that of the great currencies,” Reuters reported Sarkozy musing on October 16. “How many should there be? What should the agreement between these great currencies be? Should we organize a discussion?”

Any discussion would be purely academic, as the ruling elite long ago decided to force a global currency down our throats. In fact, a global currency is at the very core of their plan to dominate the world. Control money and you control the destiny of states, you eliminate national sovereignty. “The control of money and credit strikes at the very heart of national sovereignty,” A.W. Clausen, president of Bank of America once observed.

As Georgetown professor and CFR historian Carroll Quigley noted, the goal of the banking families and their minions consists of “nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole… controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent private meetings and conferences.”

It remains to be seen if the EU will realize its “solution” to the world economic crisis. In 2007, Robert Mundell, “the father of the euro,” noted that “international monetary reform usually becomes possible only in response to a felt need and the threat of a global crisis.” Certainly, the elite cooked up an appropriate global crisis, now they will engage in a full court press to establish a global currency and eventually a global government.

This is how great prophecy is coming true.

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reply to post by JanusFIN


That Infowars.com article quotation is surmising what the economic conference at Camp David this weekend would suggest.

I have scanned through several global mainstream news articles and can find nowhere the suggestion of one-world currency, yet. Instead, they are taking baby steps about how to cap global company CEO salaries and establish a global agency that would be able to immediatley report to other countries when an economic crisis is looming.

They are waiting for the United Socialist States of America to warm-up to their suggestions, at which time it will be pitched for a one-world currency. (Of course, that is only my personal opinion.)

I have a feeling we are not far off from the suggestion/possible implementation of a one-world currency, but not this weekend.

Nice post though, I like seeing Infowars.com on here.

reply to post by MOFreemason


Yo!

Thanks from repply, Ive notice that this issue has posted here before, and some of mods are very tight in regulations: "No new threat from same issue..."

But, everybody do misstakes.

After credit crise turns to finance crise, witch turns to meltdown and bailouts, and I think it will turn to hyperinflation and deppression... I saw this news first time too, its not in any countrys media outlets.

If thi is true, and talks are going further, there is no question that whole crise is fabricated and works of NWO. There is no other way, than elite is trying to take over of all small country in christian world.

We have to follow this day by day, and if talks from one currency comes true, we have to go out to the streets and start to challenge NWO puppets and officials openly. NWO is our prison, death sentence to human life.

Originally posted by JanusFIN
reply to post by MOFreemason

 

We have to follow this day by day...

I agree with this 100%. It seems like news happens so quickly now, that it's tough to keep up. We will all do our part and keep everybody updated though.

Keep up the good news reporting JanusFIN.

i dont see the problem with a one world currency? all just a little easier to travel around the world-you dont have to exchange money etc.

how does a one world currency lead to the implementation of a global totalitarian state where we are all put into internment camps unless we conform to big brother?

the day someone answers me that decently,i may be afraid of the big bad UN dollar

Strange.

This article came out 42 mins ago, I pasted the headline and summary into a chat window with a friend.

It read this: AP – 42 mins ago

CAMP DAVID, Md. – President Bush, who is being pressed by European leaders to sign on to global financial market reform, will host a summit of nations in the near future to discuss the economic crisis that has shaken markets around the world, a senior administration official said Saturday. Full Story»

It's been edited now to

CAMP DAVID, Md. – President Bush said Saturday that he looks forward to hosting a summit of world leaders to address the global financial crisis. The president stood with French President Nicolas Sarkozy and European Commission President Jose Manual Barroso at Camp David

You can still see the summaries of the article in the google results by searching it:
www.google.com...