Sun 5 Apr 2009
The Mail 3 April, 2009: The true story is that Gordon Brown seems to have corralled fellow leaders into perpetrating a gigantic collective fraud on world public opinion.
On April 2 the G20 summit in London gathered the finance ministers and central bankers of 20 countries, including the seven major industrialised nations. The EU was represented by the Czech Republic. The International Monetary Fund and the World Bank also participated.
On this occasion Prime Minister Gordon Brown stated the emergence of “a New World Order” – video (also see video 2 from above on the right margin of this blog)
Downing Street Number 10 (excerpt)
4. We have today therefore pledged to do whatever is necessary to
• restore confidence, growth, and jobs;
• repair the financial system to restore lending;
• strengthen financial regulation to rebuild trust;
• fund and reform our international financial institutions to overcome this crisis and prevent future ones;
• promote global trade and investment and reject protectionism, to underpin prosperity; and
• build an inclusive, green, and sustainable recovery.
By acting together to fulfil these pledges we will bring the world economy out of recession and prevent a crisis like this from recurring in the future.
5.The agreements we have reached today, to treble resources available to the IMF to $750 billion, to support a new SDR allocation of $250 billion, to support at least $100 billion of additional lending by the Multilateral Development Banks, to ensure $250 billion of support for trade finance, and to use the additional resources from agreed IMF gold sales for concessional finance for the poorest countries, constitute an additional $1.1 trillion programme of support to restore credit, growth and jobs in the world economy. Together with the measures we have each taken nationally, this constitutes a global plan for recovery on an unprecedented scale.
6. We are undertaking an unprecedented and concerted fiscal expansion, which will save or create millions of jobs which would otherwise have been destroyed, and that will, by the end of next year, amount to $5 trillion, raise output by 4 per cent, and accelerate the transition to a green economy. …
7. Our central banks have also taken exceptional action. Interest rates have been cut aggressively in most countries, and our central banks have pledged to maintain expansionary policies for as long as needed and to use the full range of monetary policy instruments, including unconventional instruments, consistent with price stability.
9. We have agreed to support a general SDR allocation which will inject $250 billion into the world economy and increase global liquidity…
12. We will conduct all our economic policies cooperatively and responsibly with regard to the impact on other countries and will refrain from competitive devaluation of our currencies and promote a stable and well-functioning international monetary system. We will support, now and in the future, to candid, even-handed, and independent IMF surveillance of our economies and financial sectors, of the impact of our policies on others, and of risks facing the global economy.
20. In order for our financial institutions to help manage the crisis and prevent future crises we must strengthen their longer term relevance, effectiveness and legitimacy. So alongside the significant increase in resources agreed today we are determined to reform and modernise the international financial institutions … We will reform their mandates, scope and governance to reflect changes in the world economy and the new challenges of globalisation, and that emerging and developing economies, including the poorest, must have greater voice and representation.
• we commit to implementing the package of IMF quota and voice reforms agreed in April 2008 and call on the IMF to complete the next review of quotas by January 2011;
• we agree that, alongside this, consideration should be given to greater involvement of the (IM)Fund’s Governors in providing strategic direction to the IMF and increasing its accountability;
• we commit to implementing the World Bank reforms agreed in October 2008.
In addition to reforming our international financial institutions for the new challenges of globalisation we agreed on the desirability of a new global consensus on the key values and principles that will promote sustainable economic activity. We take note of the work started in other fora in this regard and look forward to further discussion of this charter for sustainable economic activity.
22. We will minimise any negative impact on trade and investment of our domestic policy actions including fiscal policy and action in support of the financial sector. We will not retreat into financial protectionism, particularly measures that constrain worldwide capital flows, especially to developing countries;
• we will notify promptly the WTO of any such measures
…25. we reaffirm our historic commitment to meeting the Millennium Development Goals …
• the actions and decisions we have taken today will provide $50 billion to support social protection, boost trade and safeguard development in low income countries….
• we are making available resources for social protection for the poorest countries, including through investing in long-term food security and through voluntary bilateral contributions to the World Bank’s Vulnerability Framework…
we have committed that additional resources from agreed sales of IMF gold will be used, together with surplus income, to provide $6 billion additional concessional and flexible finance for the poorest countries over the next 2 to 3 years.
In Reykjavik they are not so pleased with the harsh conditions of the IMF
We call on the UN, working with other global institutions, to establish an effective mechanism to monitor the impact of the crisis on the poorest and most vulnerable countries.
26. We recognise the human dimension to the crisis. We commit to support those affected by the crisis by creating employment opportunities and through income support measures. We will build a fair and family-friendly labour market for both women and men….
27. We agreed to make the best possible use of investment funded by fiscal stimulus programmes towards the goal of building a resilient, sustainable, and green recovery. We will make the transition towards clean, innovative, resource efficient, low carbon technologies and infrastructure...
28. We reaffirm our commitment to address the threat of irreversible climate change, based on the principle of common but differentiated responsibilities, and to reach agreement at the UN Climate Change conference in Copenhagen in December 2009.
29. We have committed ourselves to work together with urgency and determination to translate these words into action. We agreed to meet again before the end of this year to review progress on our commitments.
EUObserver: Sceptics were quick to point out, however, that some of the money had already been pledged in previous announcements and the exact breakdown of where the rest will come from remains unclear. Leaders agreed to tone down language regarding a new OECD list of tax havens published on Thursday…. China is thought to have objected to the list's inclusion in the G20 communique because of sensitivities over Hong Kong and Macao
"Today's meeting will not solve the crisis but we have begun the process by which it will be solved," said Mr Brown. Politikken 2 April 2009 - The Telegraph 3 April
The Telegraph 3 April, 2009: Nothing agreed by the G20 will prevent unemployment climbing to the highest levels since the mid-1980s, or the recession enduring beyond this year.
Spiegel Online: Nobel prize winner Joseph Stiglitz: We taxpayers are being robbed for all intents and purposes in order to reduce the losses that some wealthy people bear. It's going to be bad, very bad, and we haven't reached the bottom yet. I'm very pessimistic.
The American government does talk a lot about stricter regulation of financial markets. I doubt that it's serious, though. The Americans have always been masters at changing a supposed regulation measure into further deregulation.
Obama himself has made clear in many speeches that he wants to prevent prospecting in the American financial industry. Obama is under pressure from Wall Street. Even within his own administration, there are a lot of officials who are only for cosmetic corrections.
Russian President Dmitri Medwedew stated on 2. April at a press conference in London at the G-20 meeting:: The G20-countries will take care of the problem of the supranational currency later!
And right he was! The Telegraph 3. April: “In effect, the G20 leaders have activated the IMF's power to create money and begin global "quantitative easing". In doing so, they are putting a de facto world currency into play. It is outside the control of any sovereign body. Conspiracy theorists will love it.
There is now a world currency in waiting. In time, SDRs are likely evolve into a parking place for the foreign holdings of central banks, led by the People's Bank of China. Beijing's moves this week to offer $95bn in yuan currency swaps to developing economies show how fast China aims to break dollar dependence.
But Mr Strauss-Kahn at least has resources fit for his own task. He will need them. The IMF is already bailing out Pakistan, Iceland, Latvia, Hungary, Ukraine, Belarus, Serbia, Bosnia and Romania. This week Mexico became the first G20 state to ask for help. It has secured a precautionary credit line of $47bn.
The problem with the SDRs is that they belong to the biggest shareholders, ie. the USA and Japan – not to the Central European countries – according to the Council on Foreign Relations. Besides, it is said that no one knows who is willing to pay the 1.1 trillion dollars!!
As previously shown on this blog, the G-20 is being given the role of the meeting place of the junta of the world government leaders, these 20 states usurping the “right” to determine our destiny on a global basis. What they agree upon will in the future be taken to the UN to be accepted by our disloyal diplomates, who are i the pockets of their illuminist masters, to give the “democratic legitimacy” to this world dictatorship. For no one asks us Danes to elect the illuminist (explanatory statement) EU Commission, the UN satanists nor the diplomats said to represent us in the UN.
But perhaps worst of all: The above mentioned FSF, which will be the FSB, is housed in Rothschild´s BIS Bank – Rothschild´s central banks´ central bank. That is to say: Rothschild, whose agents: JP Morgan, Lehman Brothers, Goldman Sachs, the Federal Reserve, were behind the current financial crisis, is now to regulate the finances of the world in future!!!
Notice that the Federal Reserve has more than doubled its balance from 870bn. dollars before the crisis to now 2 trillion dollars!!! Who is profiting from the crime? The fox is set to guard us stupid, stupid geese!
Above, Mr. Gordon for the umptieth time squabbles about the emerging New World Order. Nevertheless, The Telegraph writes: “Conspiracy theorists will love this”!! Thereby, The Telegraph indicates a conspiracy. They still are too cowardly as to stand up to what the politicians openly declare: There is no New World Order conspiracy theory – just conspiracy practice! This cowardice is the reason why the New World Order criminals can enslave us.
The reinforcement of the IMF is a big step towards their world currency.You may be assured that you will have to pay the bill for the kind-heartedness of these hypocrites who are enriching themselves.
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