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Asia Backs Sarkozy Push for Bretton Woods II
Jennifer M. Freedman and Jonathan Stearns
Bloomberg
Saturday, Oct 25, 2008
Asian and European Union leaders called for an overhaul of global banking rules that date back to World War II, lending support to French President Nicolas Sarkozy as he presses the U.S. to join a worldwide effort to resolve the financial crisis.
The heads of state and government “pledged to undertake effective and comprehensive reform of the international monetary and financial systems,” according to a statement released at a two-day meeting in Beijing. Chinese President Hu Jintao, Japanese Prime Minister Taro Aso, German Chancellor Angela Merkel and Sarkozy are among the more than 40 Asian and European leaders participating.
The summit, which ends today, is the first gathering of Asian and EU leaders since calls for coordinated action mounted along with bank failures and plunging stock prices that began last month. The U.S. will host the Group of 20 industrialized and developing nations on Nov. 15 at Sarkozy’s urging.
(Article continues below)
South Korea said it “highly valued” Sarkozy’s “strong leadership.” The French leader has compared the effort to the 1944 Bretton Woods conference in New Hampshire that fixed exchange rates, hitched the world to the gold standard and created the International Monetary Fund and World Bank.
The EU has floated the ideas of including more bank supervision, stricter regulation of hedge funds, new rules for credit-rating companies and changes at the IMF.
`Falling Behind’
“The IMF, World Bank and other agencies are falling behind the times,” said Jeon Hyochan, a researcher at Samsung Economic Research Institute in Seoul. “The agencies need to strengthen their ability to take pre-emptive measures.”
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16 Responses to “Asia Backs Sarkozy Push for Bretton Woods II”
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October 25th, 2008 at 5:27 am
isn’t this meeting really about how to keep raping the worlds dumb people and sucking their money right out of their pockets. apparently, this is setting up the stage for the global financial system’s ten crowns as the Holy Bible’s book of Revelation chapter 13 tells us about !!!!!!!!!
http://www.youtube.com/watch?v=nWyQOh64Qy8
goldieshouse.piczo.com
October 25th, 2008 at 7:14 am
hello people
time to wake up
all those worshipping the false tower of bable
which is the financial institutions worldwide
gd allowed them to be built up
just so you will be in awe of gd’s power
when they come tumbling down
why did our towers dedicated to money worship fall
why did the the twin towers fall
they were the physical representation
of the center of the US financial money
money worshippers towers of money worship
the money worshippers
moneychangers
now the entire false gd built on money is falling
all financial institutions will fail
they are representations of money worship
all will fall to the might of the one gd
you placed money before gd
you worship money as if it were a gd
false idol worship of money
are going down down down
you abort 3 million american babies a year
you let them breath then kill them
murder ?
where is this referred to murder
the bible ?
what is this book
the bible ?
prayers out of school.
then guns into school
gd goes out
evil goes in
you allow your governement to kill innocent iraqi, afghan and others all over the world
you have 155 military bases in the world
these will all fall
you drug you armed forces so they will kill innocents
you allow the cia to track library books
who is reading what ?
who cares?
you allow the military to listen in on ALL calls in USA and abroad
pass copies of sex tapes from US forces to wives
as if that will help you find bin laden
wow, if they found bin laden
they would have to create another monster for you to fear
they do not want to find bin laden
wake up people
you tell me the mighty USA can not find a man
you mean i could hide with 10,000 people in a cave
and never be found if we owed the IRS taxes?
they do not find,
as they do not look
sh!t we would be found the next day
right ?
you are the most drugged nation ever
you are depressed because you realize your empire is evil
they drug you
you do not want to kill innocents
they drug you
you express concern over homeless people or the healthcare
they say you have unwarranted anxiety
they drug you
you are sad, as you see the evil right before your eyes
they drug you
you see the shame of your country and drink alcohol to deaden the pain
you drug yourself. that is the saddest
you are all drugged in one form or another
alcohol, heroin, caffeine, antidepressants, antianxiety, stress pills, mood pills
you are drugged, blind or asleep
get real people
wake up
go ahead and get mad
do not get mad at me, the messenger
get mad at those that mislead you
get off that damn couch and get active
now
not tormorrow
sad
lazy americans
they never hear the call to action
change the channels folks
this channel makes you nervous
better go watch some mass media fed news to the masses
or cartoons
then you will feel better
besides
why would they ALL lie to you
what do they have to gain
besides your freedom
your soul
nothing going on here folks
just a lunatic
do not listen to the crazy man
now here, take this pill
and you worries will go away
o, yes, and please give us your guns
we do not want the masses to awaken from their drugged state
and find that they still have “the right to bear arms ”
now that makes them nervous
not us.
October 25th, 2008 at 12:53 pm
HEY OUT THERE…. I live next to the windsor detroit tunnel….i go thru the almost everyday and have noticed something that is very disturbing…. Im an vision system engineer for the big three installing vision systems that inspect parts being made…. In the last week i’ve notice that they where installing a new vision license plate recognition system …. but the other thing i noticed yesterday was they had faced to camera’s towards the driver side window and front windshield…. they have completed two lanes so far….. as i was waiting my turn to get to the booth, the lane next to me was working and i noticed the red flash of red led’s against the paint of the car…. it was taking a picture of the driver as he passed a sensor on the ground….i thought it was illegal to take pictures of someone with out there consent on private property…..this really is bullshit….when i got to the booth i asked the border guard what they where taking pictures of peoples faces for… he then looked at me very funny and said how did i know that…. so i told him that i was a vision engineer… he then started to ask me a whole bunch of questions like i was some crimal….. i know now that they are making a database of peoples faces with there respected vehicle plate and make of car….. the system is diffenately a facial recognition system…… the marshall law scenario is getting closer and closer….. and the other thing is that these guys where really kicking ass to get it done….. usually for goverment jobs they take there time…. but its only been a week…. and there almost done…… its coming…. i feel it….using my knowledge and logic……. buy food….and arm your self quickly before its too late……peace to all is what it should be……
October 25th, 2008 at 1:14 pm
http://www.youtube.com/watch?v=e5tVDqaPDHs
This video shows what we need to do!
October 25th, 2008 at 1:14 pm
We are now living in Revelations…the time is near, look up for our Savior is coming. Otherwise, don’t look at all and continue to go about your business and burn.
October 25th, 2008 at 5:38 pm
..the only good news is: “We know that! the the King is Naked!”
..the real GOOD NEWS is in the GOSPEL..
..the time is nigh!..talkin’ bout’ a revolution..hey..hey..ya’ know! We can change the WORLD!
October 25th, 2008 at 8:15 pm
Looks like Russia is getting it’s plan thanks to Sarkozy.
October 26th, 2008 at 10:25 am
Sarcozy may be trying to turn back the clock. Before the EU, European countries generally considered things like transportation historically vital for security and national sovereignty. Therefore, those particular industries were variously nationalized and strictly regulated. I’m sure the EU replaced much of that “protectionism” to issue in laissez-faire capitalism, supposedly to compete with the U.S. That allowed trans-national monopolies and destruction of national sovereignty. Central banks were always a bit outside of control anyway. Iceland rejected membership in the EU and just got creamed by the banks. I suspect the same will happen to Ireland. That is, unless Sarcozy has his way.
The Financial Times is calling his proposal “protectionist” and “state run capitalism”. To me, that says that he is proposing clipping the wings of the central bank globalists. Those terms suggest a return to each sovereign country deciding what industries are vital and sensitive for their sovereignty and totally regulating them. Taking control of the monopolizing banks before they can gain worldwide control. Applying their form of anti-trust laws to allow some monopolies, but only if under state control if they are vital for security. It is like what we used to have with public utilities. If I am right, there will be a battle royal with the globalists. Sarcozy will have more to worry about than some voodoo dolls.
This battle is historic. Back in time, the Knights Templar came back to France from their crusades in the Middle East. They brought with them an idea for profiting themselves instead of filling the royal coffers. The idea eventually evolved into modern banking.
They made big wealth out of it. Enough to buy off a Pope. But, a French king didn’t like it and killed off a bunch of them. The rest fled and assimilated into secret societies elsewhere. This is the bedrock of the so called “Illuminati”. Those that fled to Spain are said to have some connection to Columbus’ “discovery” of America.They were intertwined with our Founding Fathers through the Masons. Despite some early objections by Jefferson and others, they finally got their private central bank. (the FED) They have always infected our politics. Both Bush and Kerry were Skull and Bonesmen. Skull and Bones originated with the Templar infected German secret societies that installed Hitler.
Milton Friedman developed the format used in South America to shock a country’s economy to the point where they give up their national interests in protecting national resources and strategic industries. Banking devices. This left them open to globalist plunder. It is now being used against Milton’s own country and, by extension, the whole world. And, people still quote him and his followers as some kind of authority. A French “king” is now calling for countries to join in clipping their wings. It is funny how history repeats.
October 26th, 2008 at 1:02 pm
U.S. and Texas Law on Independent Militias
Our duty as citizens
Most American citizens are aware that the U.S. Constitution guarantees certain rights and limits the powers of government. However, it also imposes certain duties, not only on organs of government, but on each citizen. One of these duties is to function as members of the Militia, and the state has the duty to organize and train citizens to so serve.
The U.S. Constitution provides for this in Article I, Section 8:
Congress shall have power …
To provide for calling forth the Militia to execute the Laws of the Union, suppress Insurrections and repel Invasions;
To provide for organizing, arming, and disciplining, the Militia, and for governing such Part of them as may be employed in the service of the United States, reserving to the States respectively, the Appointment of the Officers, and the Authority of training the Militia according to the discipline prescribed by Congress;
The Framers contemplated that the citizens who compose the Militia would provide their own weapons, which is reflected in the Second Amendment:
A well-regulated Militia, being necessary to the security of a free State, the right of the people to keep and bear Arms, shall not be infringed.
It is important to understand that the prevailing practice at the time the Constitution was adopted was for people in each locality to organize as independent local militias and to train themselves. The only change the Framers sought to make was to make this organization and training more systematic, along the model of Switzerland. They never imagined that future governments might try to restrict the local organization and training of independent militias by contending that people had the right to assemble and the right to keep and bear arms, but not to combine the two rights. To them that would have seemed absurd.
U.S. legislation on the Militia
In 1792 President Washington tried to get Congress to fully implement the constitutional requirement for organizing and training the Militia, but Congress, wanting to avoid the expense imposed on the states, only agreed to pass a law that required every able-bodied [free] male to keep a “musket or firelock”. This was the Militia Act of 1792. By failing to require organization and training, it laid the basis for the decline of the Militia tradition.
In 1903, the Militia Act of 1792 was superseded by the Dick Act, which established the National Guard system, and made a distinction between the “organized” and “unorganized” Militia, reflecting the attitude that the Powers that Be didn’t want most of the people to get organized as independent militias, despite the support for universal military training from most U.S. Presidents up to the administration of Harry Truman.
The Dick Act is encoded in 10 USC:
United Stated Code (USC)
TITLE 10–ARMED FORCES
Section 311. Militia: composition and classes
(a) The militia of the United States consists
of all able-bodied males at least 17 years of age and, except as provided in section 313 of title 32, under 45 years of age who are, or who have made a declaration of intention to become, citizens of the United States and of female citizens of the United States who are commissioned officers of the National Guard.
(b) The classes of the militia are–
(1) the organized militia, which consists of the National Guard and the Naval Militia; and
(2) the unorganized militia, which consists of the members of the militia who are not members of the National Guard or the Naval Militia.
Section 312. Militia duty: exemptions
(a) The following persons are exempt from militia duty:
(1) The Vice President.
(2) The judicial and executive officers of the United States, the several States and Territories, Puerto Rico, and the Canal Zone.
(3) Members of the armed forces, except members who are not on active duty.
(4) Customhouse clerks.
(5) Persons employed by the United States in the transmission of mail.
(6) Workers employed in armories, arsenals, and naval shipyards of the United States.
(7) Pilots on navigable waters.
(8) Mariners in the sea service of a citizen of, or a merchant in, the United States.
(b) A person who claims exemption because of religious belief is exempt from militia duty in a combatant capacity, if the conscientious holding of that belief is established under such regulations as the President may prescribe. However, such a person is not exempt from militia duty that the President determines to be noncombatant.
TITLE 32–NATIONAL GUARD
Section 313. Appointments and enlistments: age limitations
(a) To be eligible for original enlistment in the National Guard, a person must be at least 17 years of age and under 45, or under 64 years of age and a former member of the Regular Army, Regular Navy, Regular Air Force, or Regular Marine Corps. To be eligible for reenlistment, a person must be under 64 years of age.
(b) To be eligible for appointment as an officer of the National Guard, a person must–
(1) be a citizen of the United States; and
(2) be at least 18 years of age and under 64.
It should be understood that these definitions apply only to the Militia that is subject to call-up by the federal government, and states may require other people to perform militia duty, with different age ranges and exemptions.
Texas law on the Militia
The Texas Constitution once had a strong provision regarding militias:
Article 16. Section 46.
The Legislature shall provide by law for organizing and disciplining the militia of the State, in such manner as they shall deem expedient, not incompatible with the Constitution and Laws of the United States.
This section was deleted. The effect of this is that such authority reverts back to local communities.
Present statutes are encoded in Texas Government Code Chapter 431:
Subchapter A. General Provisions
431.001. Definitions
In this chapter:
(1) “Reserve militia” means the persons liable to serve, but not serving, in the state military forces.
(2) “State militia” means the state military forces and the reserve militia.
(3) “State military forces” means the Texas National Guard, the Texas State Guard, and any other active militia or military force organized under state law.
(4) “Texas National Guard” means the Texas Army National Guard and the Texas Air National Guard.
431.010. Organization Prohibited
(a) Except as provided by Subsection (b), a body of persons other than the regularly organized state military forces or the troops of the United States may not associate as a military company or organization or parade in public with firearms in a municipality of the state.
(b) With the consent of the governor, students in an educational institution at which military science is a prescribed part of the course of instruction and soldiers honorably discharged from the service of the United States may drill and parade with firearms in public.
(c) This section does not prevent a parade by the active militia of another state as provided by law.
Subchapter D. Texas State Guard
431.051. Supplemental Militia
To provide militia strength for use by the state as a supplement to the Texas National Guard, the Texas State Guard exists as part of the state militia under the Second Amendment to the United States Constitution and a defense force under 32 U.S.C. Section 109.
Subchapter F. Service and Duties
431.081. Persons Subject to Military Duty; Persons Not Eligible to Enlist
(a) A person is subject to military duty if the person is:
(1) able-bodied;
(2) a citizen or a person of foreign birth who has declared an intent to become a citizen;
(3) a resident of the state;
(4) at least 18 and not more than 60 years of age; and
(5) not exempt under Subsection (b) or (c) or United States law.
(b) A person is exempt from military duty, except in case of war, insurrection, invasion, or imminent danger of war, insurrection, or invasion if the person is:
(1) the lieutenant governor;
(2) a member or officer of the legislature;
(3) a judge or clerk of a court of record;
(4) a head of a state agency;
(5) a sheriff, district attorney, county attorney, county tax assessor-collector, or county commissioner;
(6) a mayor, council member, alderman, or assessor and collector of a municipality;
(7) an officer or employee of the Texas Department of Corrections, a state hospital or special school, a public or private hospital, or a nursing home;
(8) a member of a regularly organized and paid fire or police department in a municipality, except that a person is not relieved of military duty by joining such a department;
(9) a minister of the gospel exclusively engaged in that calling; or
(10) a person who conscientiously scruples against bearing arms.
(c) A mentally disabled person, vagabond, confirmed alcoholic, narcotics addict, or a person convicted of an infamous crime is exempt from military duty regardless of circumstances.
Now, what about that Section 431.010 prohibiting military companies or organizations or parades within municipalities? It clearly expresses hostility to independent local militias within municipalities, but it has no penalties, and does not apply to rural areas. It’s main intent seems to be to discourage local officials from calling up the militia.
The only statutes which local officials might invoke against a militia muster within a municipality would be those against exhibiting a firearm in a way that “alarms” the public. However, centuries of common law makes it clear that merely carrying firearms is not to be considered “alarming”. The arms must actually be brandished toward someone in a threatening manner. This would not prevent arrests on this ground, of course, but successful prosecution is unlikely if the courts follow the law and the Constitution.
Some of these points are more fully discussed in 29 Tex. Jur., Sections 4 and 5, and in 12 Tex. Jur. 3d., Sections 12-28.
The only significant case law involving this statute is a federal case, Vietnamese Fishermen’s Ass’n v. Knights of the Ku Klux Klan (D.C. 1982) 543 F.Supp. 198, in which the plaintiff invoked the state statute in a federal suit for injunction against the defendant. The injunction was granted, and the judge took advantage of the case to write an opinion on the interpretation of the state statute. However, that opinion has no stare decisis effect, because this was not an appeal, nor was the judgement appealed. The injunction was properly granted under common law against intimidation, but a federal judge had no real business interpreting state law. However, it is indicative of how that judge might decide the constitutional issues in other cases. The case does, however, underscore the importance of distinguishing between private associations and public militias, and of making sure that any constitutional militias that may be organized take care not to take on the attributes of a private group. Too many people, including authorities, have examples in mind like the KKK, and we must always make sure to distance ourselves from such partisan organizations, and, indeed, indicate that the suppression of such groups is one of the things that a real militia might be called up to do.
There is another statute that arguably involves the Militia, the Texas Disaster Act of 1975, which has among its purposes, “providing an emergency management system embodying all aspects of predisaster preparedness and postdisaster response. See 12 Tex. Jur. 3d. Sections 51-53. If fully implemented, the organization of local militia units seems to be required under this Act.
Conclusions
Present U.S. and Texas law clearly fail to implement the requirements for organizing and training the Militia established by the Framers. However, we must also recognize that this failure goes all the way back to 1792, and that such organizing and training are, therefore, left to the people themselves, in the form of independent local militias, which they have a constitutional duty to maintain in a high state of preparedness, even if they get little support from the authorities, and indeed, especially if they get opposition from the authorities.
You have your (DICK ACT) of 1792!
Section-311.
Use it!!!
October 26th, 2008 at 3:26 pm
http://www.youtube.com/watch?v=io5d4qoQmWM
IF ASIA doesnt support the US and our economy over the Europans then I say we just inform them we are going to DEFAULT on all the Debt we Owe ASIA if they dont chose the American Way of doing business. That means the US economy first and Europeans can follow whats best for our economy, and that includes the CHINESE. Let the CHINESE Know if they dont want to make changes to keep our economy strong then we can just Default on whatever paper they are holding…
October 26th, 2008 at 3:33 pm
IF ASIA doesnt support the US and our economy over the Europans then I say we just inform them we are going to DEFAULT on all the Debt we Owe ASIA if they dont chose the American Way of doing business. That means the US economy first and Europeans can follow whats best for our economy, and that includes the CHINESE. Let the CHINESE Know if they dont want to make changes to keep our economy strong then we can just Default on whatever paper they are holding…
October 26th, 2008 at 3:39 pm
Power to the People
http://www.youtube.com/watch?v=AgMm27ZhFUs
Lets set the record STRAIGHT
if took back half our manufacturing jobs back from Mexico and CHINA we would DOMINATE the world in Manufacturing again. So let the CHINESE think they are going to get a better deal elsewhere in the world. Jump off the ship that has made them rich because the Europeans will not be buying half as much of thier crap as the US does. Wal mart will go out of business and American Companies will fill the void with better quality and value. The problem with the Chinese is we could have replaced them any time we wanted to be honest…
October 26th, 2008 at 3:59 pm
http://www.youtube.com/watch?v=EPNs4JyD5DI
Freedom of choice, to choose between one thing or another, between one action or another, between good and evil, is the cornerstone of our civilisation.
The BAILOUT is just stealing from the Poor to give to the Rich!
Say Yes, and you will be doing this til you can no longer finance the Rich running this country into the ground when they shipped all Middle Class jobs to Mexico and China…
if we are going back to the drawing board I would say we reclaim everything we just handed over to the third world in the name of Corporate Greed. Do you think they are going to ever relocate any of these MIDDLE CLASS jobs back into the US if we dont drop CHINA from preferred trading partner status? There is not much time left to say NAFTA and all these crappy agreements designed by Foreigners to ROB THE US have to go… That way this country has something to leave the next generation
October 26th, 2008 at 5:39 pm
King Leonidas: Well, that’s an easy choice for us, Arcadian! Spartans never retreat! Spartans never surrender! Go spread the word. Let every Greek assembled know the truth of this. Let each among them search his own soul. And while you’re at it, search your own.
http://www.youtube.com/watch?v=rZBA0SKmQy8
We The People… protected by the Consitution, when was the last time you heard a Politician speak about the Oath to Pretect the Constitution? Ok, name another besides RON PAUL 2008…
October 26th, 2008 at 6:09 pm
Settle down.
This is no time for “saber rattling”. We don’t want to do the good ole’ Mussolini, “stick your chin in the air” and tell other people to “bring it on”.
This is the time to work together as sovereign NATION STATES. Gordon Brown would rather have the central banks take over the world, but guess what? Russia, China, South Korea, and even India are not gonna have any of it.
The next CRITICAL step, is to make sure we can negotiate with Russia. They are beginning to bring back some of their Marxist tendencies; unfortunately, this tendency has been a part of Russian culture for a while now. Fortunately, a richer and deeper root of their culture occurred during the era of the Russian Czar’s. During this time, Russia was very friendly to the United States and many great Russian thinkers were of the same mind as the American System economic thinkers were of the time.
In fact, it was the RUSSIANS who originally proposed a connective bridge from Russia to Alaska over a hundred years ago! They understood that rail was the only way to overcome the monopolized waters of the British Empire, but unfortunately, WWI ended those prospects for a worldwide American System and the power of trade was still dictated through the sea’s.
We have to remind Russia about their old roots, and the relations we had with them prior to the manufactured wars of the 20th century.
They have to understand that the ruble will not be a sound currency to base the world off of because their government does not have the powers of the US Constitution.
The US Constitution is fundamentally different from any other “Constitution” in the world because it allows for the generation of CREDIT.
The generation of credit is key because it will allow for a system of INFRASTRUCTURE investment, WITHOUT BORROWING MONEY from a bank.
This was the intended purpose of the First and Second Banks of the United States, but they were not able to overcome the economic, speculative warfare being waged on them by the British.
The interest generated by these banks will not go to some useless speculator so he can buy his yacht, they will go back into the infrastructure and technological growth programs.
The draining influence of the Fed (slime) and speculators (flea’s) will be gone and we will be able to finally produce physical goods the same way this country once did, when it had the same type of development policy during the 19th century.
We basically have to forget the 20th century wars, which were created to divide nation states, or perhaps more accurately, “divide and conquer”. We have to remember the course and direction we were on before the austerity measures of “zero-growth” were forced upon us.
The dollar MUST serve as the FIXED currency standard of the world, just as it was pre-1968. The ecumenical counsel of nations states depends upon this fundamental premise as a starting point for FAIR (not free) trade negotiations.
http://www.larouchepac.com/new.....ssian.html
October 26th, 2008 at 6:43 pm
Gasoline is now about a penny cheaper than it was a year ago, and about $1.33 less than it was at a record peak in July.
“The drop is unprecedented,” Lundberg said in an interview. “It was dictated by the crash in crude oil prices and deepened powerfully by falling U.S. gasoline demand.”
Oil settled down nearly $4 a barrel on Friday on broader worries about a global economic recession, despite an agreement by the Organization of the Petroleum Exporting Countries to cut output.
I always say Whats GOOD for the goose is good for the GANDER
http://www.youtube.com/watch?v=locRDFcIuiY