Thread: FINANCIAL CRISIS LEADING TO ONE WORLD SOCIALISM?

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FINANCIAL CRISIS LEADING TO ONE WORLD SOCIALISM?


By NWV News Director, Jim Kouri
Posted 1:00 AM Eastern
October 19, 2008
© NewsWithViews.com

The finance ministers of the G-7 countries met in Washington last weekend and many conservatives found their discussions disturbing. In one of his updates for the news media on Friday, President George W. Bush revealed his true feelings regarding "internationalism."

"Secretary Paulson, Secretary Rice and I just had a productive discussion with finance ministers of America's partners in the G7 -- Canada, France, Germany, Great Britain, Italy, and Japan. I'm pleased to be with Prime Minister Junker of Luxembourg, who is the President of the Eurogroup of countries, Managing Director Strauss-Kahn of the International Monetary Fund, President Zoellick of the World Bank, Chairman Draghi of the Financial Stability Forum," Bush said.

President Bush says he's confident The Group of Seven nations will be able to act together to defuse the global economic crisis, but some economists aren't enthusiastic about coupling the US economy with the economies of other nations some of which are socialist or quasi-socialist.

"It is not too extreme to say that the outcome of these meetings could redefine how the financial markets work, certainly for months and perhaps for a generation. While American leaders are arguing that intervention and bailouts are a viable solution, other world leaders, like the British, are arguing for what in effect would be the nationalization of financial markets on a global scale. In other words, Socialism with a capital 'S,'" says political strategist Mike Baker.

"What these internationalists refuse to admit is that underlying this political pressure is a sense that the financial class, people who run global financial institutions, have failed to behave responsibly and effectively, and have therefore lost their legitimacy," adds Baker.

Appearing outside the White House on Saturday, flanked by the leaders of the six other nations that comprise the G-7, Bush encouraged the world's advanced economies to "not wall themselves off and work hand-in-hand to craft a coordinated response to the accelerating meltdown of global stock and credit markets."

"I'm confident that the world's major economies can overcome the challenges we face," Bush said.

"There have been moments of crisis in the past when powerful nations turned their energies against each other, or sought to wall themselves off from the world. This time is different," he added.

Meanwhile, US Treasury Secretary Henry Paulson told The New York Times that Friday's meetings were positive because the US, Britain, Germany, France, Italy, Canada and Japan have committed themselves to five principles, ranging from preventing the failure of important banks to protecting the bank deposits of savers.

But a hoped-for coordinated G7 strategy of injecting government capital directly into key banks in return for ownership stakes failed to gain a consensus observers said, mainly because of opposition from Germany.

"It seems the internationalists have found a new approach to instituting the New World Order: economic turmoil," warns Baker.

"Suddenly the so-called mainstream politicians on both sides of the aisle are more concerned about poverty in corrupt nations than in maintaining a high-standard of living in the United States," Baker added.

Economist Charles Rezko of New York City's CUNY sees this latest economic crisis as perhaps an intentional act. "The Marxists long ago realized that it's not possible to bring all nations to the level of prosperity seen in the United States. So, they've decided to drag down US citizens to the level of poverty that exists in Third-World countries. Sadly, this is how they will achieve their egalitarian goal," said Dr. Rezko.

While the rich and powerful appear to be squandering Americans' legacy, some conservatives are still attempting to work on behalf of citizens.

For example, while the liberal media ignore the G-7 meeting in our capital, some conservative politicos are fighting to remind Americans that uncontrolled illegal immigration contributes to America's economic and crime problems. Senator Elizabeth Dole, for example, released a press statement at the same time Bush was meeting with foreign leaders.

“Through this unique partnership with federal officials, North Carolina sheriffs can utilize the available tools to enforce our laws and help ensure that North Carolinians feel safe in their homes and communities,â€

With the help of illegal immigration, un-sound monetary policies, and a party like atmosphere (credit for everyone, including illegals) all instigated by Lenin? (or the heir's of Lenin)

Did Lenin have any Kenyan roots?

Onward communist comrades. Without a single shot!

It is a brave new world.

Butternut squash soup? Sophisticated enough for politicos, yet cheap enough for the common man. Optomism in a bowl. Is your bowl half empty, or half full?

Im telling you its the Council on Foreign Relations, thats why I believe Mcain was picked. So Obama the Marxist could win. Our Gov is our enemy and the more they take the more people will fight back. Just look at what has happened to your personal wealth. Your biggest investment,your house, is worth nothing, your retirement plans have been wiped out, the next thing that will go is the dollar. If they change the curancy your savings could become worthless to. They will have taken all our wealth from us. Obama will turn this country into the Stalinist state that they want. This is the worst time in our history because we have never been closer to our end than now. But we will never give in to the Marxist.

Originally Posted by LuvMyCountry

Im telling you its the Council on Foreign Relations, thats why I believe Mcain was picked. So Obama the Marxist could win.

I don't think the CFR looked at it they way, they picked McCain in order to own BOTH candidates, Romney was a problem for them since he didn't toe their line.