- Prison Planet.com - http://www.prisonplanet.com -

The “International Community” Pushes for “Global Coordination”

Posted By admin On May 29, 2010 @ 6:10 am In Commentary,Featured Stories | Comments Disabled

Andrew Ward
Campaign For Liberty [1]
May 29, 2010

Never letting a good crisis go to waste, the sovereignty-hating globalists continue to argue that national governments should have less say in implementing domestic financial regulation and fiscal policy. 

According to International Monetary Fund managing director Dominique Strauss-Kahn, “National oriented responses are not the way, since they risk creating economic conflicts.”  The IMF publication [2] goes on:

Addressing the need to support the recovery and create sustainable growth in the long run, Strauss-Kahn said there is a “need for fiscal consolidation globally, but there is no future in fiscal consolidation without growth.”

And who exactly would be the arbiter of this consolidated power?  Why, the IMF, of course!  Here’s a sample of the chief’s bizarre reasoning as to why this is a such grand idea:

Strauss-Kahn said the strength of the IMF lies in “truth telling,” and the IMF’s role in the surveillance of the global economy includes overseeing the implementation of rules that govern financial regulation.

Welcome to an orwellian brave new world, where highly-unaccountable central bankers and unelected bureaucrats not only know what’s best for your community and country, but are trust-worthy and can foresee economic trouble before it happens.  It should go without saying that centralized planning has not worked out well in the United States, or any other country for that matter.  Why take a bad, elitist idea and globalize it?

The International Community Pushes for Global Coordination 140410banner4 [3]

Article printed from Prison Planet.com: http://www.prisonplanet.com

URL to article: http://www.prisonplanet.com/the-international-community-pushes-for-global-coordination.html

URLs in this post:

[1] Campaign For Liberty: http://www.campaignforliberty.com/blog.php?view=35829

[2] IMF publication: http://www.imf.org/external/pubs/ft/survey/so/2010/NEW052510A.htm

[3] Image: http://infowars-shop.stores.yahoo.net/post4rioffe.html

[4] IMF Director says IMF “forces coordination” and there’s “no other solution” to Greek-style austerity: http://www.prisonplanet.com/imf-director-says-imf-%e2%80%9cforces-coordination%e2%80%9d-and-there%e2%80%99s-%e2%80%9cno-other-solution%e2%80%9d-to-greek-style-austerity.html

[5] Basel III: How The Bank For International Settlements Is Going To Help Bring Down The Global Economy: http://www.prisonplanet.com/basel-iii-how-the-bank-for-international-settlements-is-going-to-help-bring-down-the-global-economy.html

[6] G20 will seek new international framework for global financial regulation: http://www.prisonplanet.com/g20-will-seek-new-international-framework-for-global-financial-regulation.html

[7] IMF Says Advanced Economies Already in Depression: http://www.prisonplanet.com/imf-says-advanced-economies-already-in-depression.html

[8] Financial Terrorists Want Global Currency, Global Central Bank: http://www.prisonplanet.com/financial-terrorists-want-global-currency-global-central-bank.html

Copyright © 2013 PrisonPlanet.com. All rights reserved.