Obama Agrees To Outsource Capitalism To European Socialists

April 14, 2009

By  Andrea Lafferty
TVC Executive Director
TraditionalValues.org

 – Most Americans are probably unaware that President Barack Hussein Obama has shockingly agreed to place America’s free enterprise system under the control of a world financial government to be ruled from Brussels, Belgium.

Obama quietly agreed to this system while attending the G-20 Summit in England earlier this month. During the recent meetings of the G-20, the nations issued a proposal for a “Financial Stability Board” and an International Economic Union that would control all financial institutions around the globe. This includes the U.S.

Analyst Dick Morris spoke to Greta Van Susterern on April 3, to put this catastrophic sell-out of our system into context:

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 governance.

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.

This is an unbelievably radical document! This trivializes everything Obama’s done until now!

Morris points out that this was done under the radar and will create an economic union that will put American businesses under the control of European bankers. They will be making the rules for our nation, not Congress or independent businesses. President Obama has just turned our monetary system over to a group of unaccountable European socialists!

This decision effectively repeals the Declaration of Independence and abrogates national sovereignty. The creation of a Financial Stability Board will have power to examine all banks, brokerage firms, and corporations. President Obama has not just nationalized many of our businesses, he has just internationalized them under a European-run Board where America only has one vote. The communiqué setting up this Financial Stability Board has no appeal procedure. Any decision by the Financial Stability Board is final. Sounds like an economic dictatorship to me.

As WorldNetDaily reporter Jerome Corsi has written: “Under the premise that the IMF and the Financial Stability Board would have the ability to make loans to important U.S. corporations, the IMF and the Financial Stability Board become the effective global regulators over the corporate world, superseding all U.S. governmental authorities, including the Federal Reserve, the U.S. Treasury, the Federal Deposit Insurance Corporation and a host of corporate regulators, including the U.S. Department of Commerce and the U.S. Department of Labor”

Investigative reporter Cliff Kincaid has published a report on Obama’s efforts to give away our free enterprise system – and reports that this is a long-time goal of atheist billionaire George Soros – the man who helped get socialist Obama elected. The G-20 agreement will permit the nations of the world to bilk American taxpayers out of trillions of dollars over the next decades.

This new economic union will give the International Monetary Fund power to conduct surveillance of the U.S. economy. President Obama also endorsed the use of a global currency called Special Drawing Rights, a new global warming treaty, and the U.N. Millennium Development Goals (MDGs), which will result in more than $1 trillion in new taxes for Americans. The President has laid the groundwork for the death of U.S. national sovereignty and the U.S. dollar as the world’s dominant currency.

British Prime Minister Gordon Brown has hailed this U.N. plan as evidence that the nations of the world are creating a New World Order (NWO) – code for world government where nations surrender their sovereignty to international organizations such as the United Nations.

Congress can still act to block many of these Obama-endorsed programs, but will it?

Where Is Congress?

President Obama has agreed to place our economic system under the control of bankers in Brussels, but does he have the executive power to do so? Can a sitting president turn over our capitalist system to European socialists?

Will Congress resist this Obama effort to give European socialists control over our economic system? Or, will a compliant Congress roll over and let Brussels bankers control our economic future?

TAKE ACTION: Contact your U.S. Representative and two U.S. Senators and ask them to explain what they will do to resist Obama’s effort to turn our economic system over to socialists in Brussels.

This post originally published by Rich Peterson on his blog, A Time, Times, and a Half a Time, October 26th 2008

 

Obama’s Socialist Vision?

 


In 2007 European Union High Representative Javier Solana launched an initiative called Managing Global Insecurity saying “the aim of this project is ambitious and urgent: to launch a new reform effort for the global security system in 2009”. At that time, Solana told the United States that we will enter into the system of global governance by year end 2008. This initiative is ambitious. It bridges multiple interlocking security initiatives for use in the administration of global governance. Most notable is the Shared Security doctrine which aims to incorporate civil society and the military into one security apparatus. The idea is that in a world without borders traditional threats to nations no longer are other states; rather they come from radicalized individuals who reside within the nation. This is the core of the United Nations global counter-terrorism strategy. Nations therefore need to practice “responsible democracy” to ensure protection of the global citizenry— “we the people of the United Nations”—and root out terrorists from within. Solana refers to this as ‘war amongst the people”. The result is to be a global human security zone.

Spearheading the implementation of Shared Security is an organization which I have monitored from its beginnings—the United Nations Alliance of Civilizations. The Alliance of Civilizations professes its mission to be “the global governance of the culture”. Its foundation is traceable to the European Union’s social cohesion policy—the social dimension of the Barcelona Process—as architected by former Marxist and present socialist Javier Solana. Solana’s social cohesion strategy was formed to “straighten out the clash of civilizations” by creating a new common civilization based upon a system of “shared values”. The new civilization will be realized once it has successfully combated religious fundamentalism worldwide. In 2006 Solana’s vision moved a step closer to reality when Kofi Annan made the Alliance of Civilizations the central organ of the United Nations global counter-terrorism strategy. The work of the Alliance includes the establishment of a global ethic and identification of those radical ideologies which lead to terrorism.

Despite Alliance of Civilizations’ claims that they seek religious tolerance, the opposite is true. As one takes the time to read what the Alliance is saying, it becomes glaringly clear that the initiative is openly hostile towards religion, in particular the three monotheistic faiths. Angelo Santagostino Chair of European Economic Integration describes the initiative as “offensive and unjustifiably hostile towards religion. The Alliance’s governing body, the High Level Group, attributes religious fundamentalism and extremism to those who refuse to agree with a Universalist world view that we all worship the same God but follow different paths. Those individuals, they say, have adopted ‘exclusivist” ideologies which are violently radicalizing. Political dissenters who oppose globalization also fall into this category. Organizations such as Hezbollah are now considered reasonable because they practice “tactical terrorism” meaning that they have a political wing with which negotiations are possible. Karen Armstrong, apostate nun, “religious historian” and Alliance of Civilizations High Level Group member earlier this year announced that she is writing guidelines for the interpretation of religious texts. The High Level Group has said that they have conducted a pedagogical exercise in truth which they will provide the civilization in mid 2010 and it is only extremists who will reject it. One might expect Armstrong’s guidelines to reflect her personal theological arguments such as Christians have perverted religious texts by adopting a belief in Christ’s divinity; the serpent was more truthful than God in the garden; that God has an evil impulse and that, being a good thing, is something we need to embrace; Mary, upon learning of her pregnancy, broke into song of the coming new world order, ad nauseum.

The Alliance of Civilizations and Shared Security have been given teeth. Solana envisions his global model of Civilian Military Co-operation (CIMIC) which subjects civil society to military rule to be implemented in the event of a crisis. Solana, being a former Secretary-General of NATO, has incorporated the Alliance of Civilizations and the Barcelona Process into the NATO framework through the Riga and Prague Summit Declarations. Solana has repeatedly said the goal is to utilize American assets. The Berlin-Plus Agreement signed by President Bush gives Solana control of American assets in the event of a crisis situation. Solana’sHeadline Goals which highly militarizes the European Union is scheduled to be fully functioning in 2010. Solana speaks the language of peace while preparing for war.

 

 

I write this because America is about to step deeper into this mess. I, as do other Americans, desire change but not at the cost of implementing a version of European socialism which has wreck havoc on world before. We are already witnessing the nationalization of the banking system and not only within the United States, but at a global level. This may be the global crisis the Solana seeks to turn into opportunity.

In the upcoming elections, what I am finding troubling is that on BarackObama’s blog one may find his support for the Alliance of Civilizationsinitiative. He has said that in the interests of the common humanity, he will spend $5 billion annually during the first three years of his presidency implementing a Shared Security doctrineI would ask of Barack Obama to carefully re-examine his affiliations and in particular the Alliance of Civilizations initiative. It is worth heeding Angelo Santagostino’s warning that “the UN has been often under attack as a useless institution. This time it has shown itself to be not so much useless but actually dangerous.”

Additional viewing: Brainwashed #1 and Brainwashed #2

 

This post published by:

RICH PETERSON, A Time, Times, and a Half Time