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34 Comments
- inactive, on 04/05/2009, -7/+22Artificial Financial Crash = New World Order
If anyone out there doesnt yet understand that the so called ' Credit Crunch' was deliberately created so as to create the New World Order then you need to think again:
http://www.independent.co.uk/news/world/politics/o ... - moxley, on 04/05/2009, -3/+10I believe you're right - we saw this coming, especially after inside reports from moles in the Bilderbergers in the past couple of years described exactly what's happening now. .
Problem-Reaction-Solution...The old manipulate to govern paradigm.
We're headed for a North American Union, and none ofthis is going to be good for 99% of Americans. - Pitshants, on 04/05/2009, -0/+5Yeah? Take a look at real estate in say, Lehigh Acres Fl., houses are selling for half of construction cost. Check out the unemployment figures, and yes I know they are skewed downward to make things look better.
- redxii, on 04/05/2009, -1/+6Hot air.
- Pixelante, on 04/05/2009, -1/+5There is nothing they can do. The crisis will last decades. The age of plenty is over for good. The Information Age will be gone soon enough. The Global Village is about to become the Global Slum. If they think the riots in London were tough, wait until the populace will have grasped the full implications of what's about to happen.
- devophl, on 04/05/2009, -1/+4The problem Obama has at the G20 is that everyone outside of the US realizes that it was the US that started all of this. We created the mechanism that allowed all the fraud to happen. When the rest of the world heard of the profits the US was seeing (all on paper, not real), the rest of the world drank the kool-aid and jumped in with both feet. It could be argued that many developing countries jumped in worse than the US did. But now everyone is mad at the US and trying to assign blame. Most of the people at the root of this are outside of Obama's reach but he get away from the fact he's the president presiding over all of this.
IMO, its clear we don't have enough money in this country to fix the problem without hyper-inflating our currency. Obama wants other countries to not only help bail out the failing US financial system (because most US financial systems have international reach) but also inflate their currencies to keep foreign exchange rates in check. I'm not sure the rest of the world is very warm and fuzzy to these ideas.... US problem.... US should fix problem. Its not a nice world out there right now! - brim4brim, on 04/05/2009, -0/+3It isn't their economy that is bigger, it is their assets. The US owes China so much money it is ridiculous.
- rif42, on 04/05/2009, -0/+3"How long do these economic crises normally last?"
Like the curse of a broken mirror, something like seven years. - BlackAsBovril, on 04/05/2009, -0/+3The reality is that we as taxpayers will be the ones to fund the recovery for the bankers’ greed. They've been given huge amounts of OUR money to play with. This is money WE are expected to pay back through increased taxes over the next decades - to anyone who is a non banker this will seem ridiculous.
The bankers keep their jobs, large salaries, eventually they'll get their bonuses back - so where is the punishment for their failure? Prison is where most of them should be, and their property and wealth should be confiscated and returned to the taxpayer - it would send the signal that there is a punishment for their greed. No government would ever do this though as they play for the same team, the established elite.
Governments and the G20 should be helping those who have debt or are losing their jobs and homes - not the bankers who caused this economic disaster through their selfish greedy actions. As the situation stands the normal man on the street will not receive an ounce of real help, but they will be expected to pay more taxes to fund failed bankers and corporate greed. - mr5150, on 04/05/2009, -1/+4So in a nutshell the G20 was full of double speak and hyperbole and while most were shaking their heads and hands in agreement the political spectors in the dark are all doing much of the same ol' same ol'
how anyone can speak this ***** at a Cartel Summit of Governments with a straight face makes for a great Hollywood Poker Face movie. - Abatrour, on 04/05/2009, -0/+3Here is JFK's talk about the secret societies.
Warning people about the Bilderberg group and their goal of the New World Order.
http://www.youtube.com/watch?v=zlghYpDx0f4&fea ... - Abatrour, on 04/05/2009, -0/+2People don't care because they are too distracted with other things.
Keeping people distracted keep people from realizing the real issues.
That there is a secret society out there which runs this god damn planet and all the politics in developed countries.
JFK even gave a speech talking about these secret societies a few months before he was assassinated by those same secret societies.
JFK warned people about these secret societies as well as wanted to shut down the FEDERAL RESERVE.
That is why I think JFK was assassinated.
http://www.youtube.com/watch?v=zlghYpDx0f4&fea ...
Thomas Jefferson,
3rd president of US (1743 - 1826)
"I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs." - norman619, on 04/05/2009, -1/+3FTA:
"WHAT THEY SAID: "The era of banking secrecy is over."
WHAT THEY MEANT: The G-20 agreed to work together to shut down global tax havens where investors hide their assets, depriving their home countries of billions of dollars in tax revenues. However, remains to be seen whether small countries that have benefited for years by operating such havens will respond to the increased pressure for more transparency."
LOL!!!! Sounds like the developed richer countries actually believe they have more power than they actually have. - qxcvr, on 04/05/2009, -0/+2Movies:
Zeitgeist
Prison planet
freedom to fascism
Demographic winter
FREEDOM TO FASCISM
FIAT EMPIRE
MONEY MASTERS
WAKE UP CALL
The Corporation
Endgame
IOUSA
Arithmetic, Population & Energy
People:
RON PAUL
Chris Martensen
Albert Bartlett
David Walker
JESSE VENTURA
Peter Schiff
George Carlin
Aaron Russo
Irwin Schiff
Alex Jones
Jim Rogers
John Hoefle
Lyndon LaRouche
Websites:
http://www.chrismartenson.com/
http://www.freeople.com/
http://www.infowars.com/
http://www.shadowstats.com/
http://www.tnr.com/index.html
http://www.campaignforliberty.com/
http://www.restoretherepublic.com/
http://www.huffingtonpost.com/ - Zique, on 04/05/2009, -2/+4Goddamnit, will people stop this emo crap about the Chinese. The US economy is 4 times bigger and EU economy is 5 times bigger than the Chinese economy. While China obviously wields some serious economic power, it's not even comparable to what the West has for another couple of decades.
- Rothbardosaurus, on 04/06/2009, -0/+2It means world government. It's what they've been building up toward for decades. The roster of the CFR and everyone at this G20 meeting needs to be locked up in a mental institution. They're a danger to themselves and others.
- qxcvr, on 04/07/2009, -0/+1Oh yeah... Huffington is at the bottom for a reason. :>)
- damack, on 04/07/2009, -0/+1Zique you don't know what your talking about do you?
The BS you just typed is ridiculous for one your "facts" are wrong and two even if the economy is bigger if its losing money it's shrinking on an hourly basis.
It's a matter of time either way like you acknowledged yourself the West may still have something to hold onto for the next 20 years(if that) but the next 50 years will be a very different picture. - damack, on 04/05/2009, -4/+5It was more like the G1 summit but the plus side is China agreed to prop up the IMF.
A lot of the western nations will come to rely on the IMF so it's nice to see China saving us once again.
It's a shame there was no action and just words in relation to a new global currency. Our system at the moment would be the first victim of any hyper inflation and if you think our situation is bad now just wait till you see what happens once hyper inflation starts.
I'm glad I have no more involvement in the stock markets and with banks that job was starting to become a nightmare. - Abatrour, on 04/05/2009, -1/+2A New World Order..... :(
Please prove me wrong! - sangjmoon, on 04/05/2009, -1/+2In the simplest term, this crisis was caused by the inflation of the money supply far above real value. The current crisis is actually the fix to this abnormal inflation as home loans made to people who really shouldn't have gotten them in the first place turn out bad. Obama's fix is to try to rebuild the illusion of real value to support increasing the money supply again. With real value actually heading down as the economy downshifts, Obama's effort will actually delay the normal cycle of recovery. There will be a short burst from his increased government spending, but the negative effect of just printing a lot of money will come down hard on us afterwards.
- protodon, on 04/05/2009, -0/+1so you never learned about WW2 or seen video about that or space flight, transatlantic cruises, and basketball games? whatever.
- Ades, on 04/05/2009, -0/+1+1
- inactive, on 04/05/2009, -2/+2I modified the article somewhat so those of you who aren't paying attention could understand.
WHAT OBAMA SAID: "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 percent and accelerate the transition to a green economy."
WHAT G-20 SAID: Because of strong opposition from France and Germany, President Barack Obama was not able to achieve his goal of getting the other G-20 countries to commit to spending the equivalent of 2 percent of their domestic economy on stimulus efforts to boost jobs. The European countries argued that they had already made major commitments and did not want to risk exploding their own deficits the way the United States was doing. One European leader, Czech Prime Minister Mirek Topolanek, called U.S. deficit spending a "road to hell."
WHAT OBAMA MEANT: It sure would be neat if you guise spent a bunch of money "investing in jobs" loolllolol
WHAT G-20 MEANT: Uh, yeah... no. We know what you are doing, and it ain't "investing in jobs," Your destroying your economy by destroying the balance of the economic system. By investing in jobs, you are actually creating a job bubble of jobs that aren't productive and simultaneously wasting trillions of dollars paying these people to do nothing.
This directly leads to a collapse of the dollar due to the fact you aren't producing anything useful, only printing paper and giving it to people who have cushy do nothing jobs. In affect, paying people nothing to do nothing, so no productivity.
Enjoy your economic collapse and subsequent revolt, douche bag.
WHAT THEY SAID: "We are determined to reform and modernize the international financial institutions to ensure they can assist members and shareholders effectively in the new challenges they face."
WHAT THEY MEANT: We aren't going to obviously collapse our currency by printing it willy-nilly. Instead we will turn over control of our financial institutions so someone else can do that. That way the method used to destroy individual currencies and replace them with a centrally controlled currency isn't so obvious. - inactive, on 04/05/2009, -1/+1I hate when they say they have an agreement because even if they had a genuine one, it's useless. All of them have to go back to their respected governments and work within their own constitutional frame work. Kyoto is a classic one. Federal governments signed it, but constitutionally they didn't have the power to stop it. Canada signed Kyoto, but never put it into effect because Provinces had the constitutional say, not the Feds.
- protodon, on 04/05/2009, -2/+2So when is the world going to end? How long do these economic crises normally last? When am I going to start seeing and feeling the effects because as of right now I have yet to see or feel anything in the first person due to the recession/depression/oncoming armageddon. I can't find a deal on a cheap new car because you know those companies are going under. Housing prices are higher than last year around my way. It took me 3 months just to refinance my own home where I know at least 4 people who bought a new house and had their first mortgage in under a month. This economic crisis is all hearsay.
- sciencelovesyou, on 04/05/2009, -1/+1Yeah! It's just like that Holocaust; they claim it happened about forty years before I was born, but I've yet to see or feel anything in the first person regarding it. Pretty sure that's hearsay.
Also; space flight, crossing the Atlantic via boat, and slam dunks. - BlackAsBovril, on 04/06/2009, -0/+0Also the outlook is much worse here in the UK, the recession/depression is having a much greater effect because successive governments have destroyed manufacturing – we hardly produce anything and most of our service based industry has been busy out sourcing to India for the fact companies can pay slave wages. It was inevitable that job losses and this lack of foresight would come back to haunt us in a big way, and that is exactly what is happening now. Jobs are disappearing by the thousands every day.
It all comes back to reckless globalisation, for years we have been fed the lie that global trade is good for everyone! Try telling that to the people who are now homeless and have lost their job because the greedy corporations have outsourced their work. We also have the extra misery of the authoritarian government in the UK removing our rights to free speech, freedom to protest, and introducing draconian ‘terrorism’ laws – (I agree real terrorists are a threat and must be dealt with) but the laws are mainly used by the police to detain those who speak out against this corrupt UK government. - afruff23, on 04/05/2009, -1/+1I know I'll be buried because of you tinfoilers, but quoting TJ on why banks are worse than standing armies (a tool of government) is like quoting Billy Mays on how great Oxi-Clean is and how bad Tide is.
- emmeron, on 04/05/2009, -1/+1I was pretty good with this until huffington came up. Don't get me wrong... even while I agree with most of the rest of that list you offered, most of it is very biased and lacking sources. There is good information out there. I just wish someone would report it without sensationalizing it so people that don't agree would stop screaming "nutters" whenever this sort of thing comes up.
- inactive, on 04/05/2009, -2/+1..by an American source.
- Zarchon, on 04/05/2009, -4/+4I think the reason people don't seem to care is, wait for it, they really don't care. Most people are smart enough to realize that the problems are not as great, nor as imperative as the media makes it out to be. When you get older and have 5 decades of world destruction and doom and gloom to refer back on, you will notice the pattern. It's kind of like crying wolf.
Being young, most people here on Digg have no reference as to how bad something is other than what they choose to believe. An example is the economy. This is the worst economy since the depression. No, it isn't. Under Roosevelt we had over 6 years of 20+ percent unemployment. Under Jimmy Carter we had 3 years of double digit inflation, unemployment and interest rates.
Over the years we have had Acid Rain, Ozone Layer, Aids to wipe out half the world, out of oil by 1990, Ice Age, air pollution, killer bees, inevitable nuclear war, and global warming now referred to as climate change.
If we really needed to dosomething about Co2 gases, and it takes the whole world to fix the problem, then there wouldn't be exceptions for China and India simple because we couldn't afford exceptions. - Blackberrycases, on 04/04/2009, -8/+2Good summary of what happened at the G-20 Summit. Now all we can do is wait and see what really comes out of the conference.
- inactive, on 04/05/2009, -7/+0I thought it was the G-8 summit.
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