The Final Push for World Government

Obama: North America Union Needs ‘Aggressive Action’

August 11, 2009

USA Today - Targeting the long and painful recession, President Obama said Monday that he and the leaders of Mexico and Canada have agreed to “aggressive, coordinated action” to restore growth across North America...

Obama and Mexico and Canada Leaders Launch Talks

August 10, 2009

Associated Press (Guadalajara, Mexico) – President Barack Obama huddled Monday with the leaders of Mexico and Canada for a swift North American summit, where the swine flu epidemic and knotty disputes over cross-border trade dominated a lengthy agenda.

Obama flew into Mexico's second-largest city late Sunday for a two-day speed summit with Mexican President Felipe Calderon and Canadian Prime Minister Stephen Harper — a meeting whose main accomplishment will likely be a joint plan of attack for swine flu.

But there was little chance of any breakthrough in long-running squabbles over Mexican trucks, or U.S. "Buy American" rules or how best to curb the deadly flow of drugs across the frontier.

The so called "Three Amigos" summit began over dinner at an ornate cultural center here and was to conclude a mere 17 hours later at a joint news conference.

In April, when Obama visited Mexico City, the first swine flu cases were just surfacing. Now, it's a global epidemic that's sickened more than 43,000 people in the United States and is blamed for 300 deaths. The toll in Mexico is at least 15,000 cases and 141 deaths; in Canada it's 10,000 cases and 50 deaths.

While the H1N1 virus is in a summer lull in the Northern Hemisphere, it's expected to roar back in the fall. Public health officials are readying medicines and public education campaigns, hoping to curb the flu without disrupting vital cross-border trade and tourism.

"We're going to do everything possible to minimize the impact," said John Brennan, Obama's top White House adviser on homeland security. "There is going to be a joint statement on how the three countries ... tackle the H1N1 challenge."

On other subjects, the summit was more a chance to catch up than make progress.

Started by George W. Bush in 2005 near his Texas ranch, the North American Leaders Summit has become an annual showcase on trade. Canada is the top U.S. trading partner, while Mexico is number three.

This year, as the U.S. economy struggles out of a crippling recession, the leaders met at the Institutos Cabanas, a 19th-century home for poor children that's now a sprawling art museum with 23 arched courtyards filled with grapefruit and mango trees.

Streets around the complex were sealed off by heavily armed federal agents and police in riot gear. The security stemmed in part from the drug wars that have raged in Mexico since Calderon deployed the army to crush the country's notorious cartels. Some 11,000 people have perished in the conflict.

In a separate meeting with Calderon, Obama voiced strong support of the offensive, but Calderon expressed concerns about delays in the latest installment of U.S. aid under the $1.4 billion Merida Initiative, a U.S. official reported. The money's been held up by allegations of human rights violations.

Calderon also pressed Obama on allowing Mexican trucks access to U.S. highways, said the official, who briefed reporters on condition of anonymity to describe the private talk. Mexicans are convinced the U.S. limits are less about safety — their stated reason — than protecting American hauling companies from competition under the NAFTA free trade accord.

Also unlikely to be resolved at the summit were objections from both north and south of the border about the "Buy American" provisions in Obama's stimulus plan.

And immigration remained a sore spot. While Obama has said he'd like to start crafting an overhaul that legalizes millions of Mexican immigrants, there's little chance of Congress acting this year, since even top administration priorities like health care and climate policy are moving slowly amid heated partisan debate.

U.S. Economic Devastation Right Around the Corner

July 30, 2009

Financial Sense - ...The Chinese are noticing even more dangerous developments, such as ineffective official stimulus, unproductive rescue of dead banks, endless credit derivative covered costs (AIG and Fannie Mae), entirely new programs with staggering price tags (health care), refused disclosure of disbursed Congressional funds, and tremendous waste, all of which not only result in gargantuan government deficits, but add risk to the US Dollar from a failure standpoint.

The criminal angle is increasingly being discussed in the open. Goldman Sachs has exposure from Ultimate Insider Trading software tools that were stolen, now being torn apart in London and Germany for evidence discovery. Perhaps worse, the US Federal Reserve is under challenge by the US Congress (in charge of its contract) for disclosure and audit that could eventually reach the US Supreme Court.

The Chinese are in town to meet with the US Government officials on continued debt support. The public will surely NOT be told what is discussed. One informed contact wrote this morning that the US lies as a terminal patient in the Intensive Care Ward, and seeks a death with dignity from its Chinese creditor doctors. The challenge to China is to protect its main core of US$-based reserves and to protect future investments. Incremental commitments must come with new more concrete protective measures. The financial markets are NOT factoring this in! They seem to operate on a ‘Business as Usual’ assumption that is dying rapidly...

Times have changed in the entire psychology of credit support for the US Government and US Economy in a manner that is shocking, if not revolutionary. The creditor nations have begun to discuss new terms of continued support. Foreign creditors are noticing Uncle Sam groveling and in growing desperate and confusion.

Behind the curtains, the Chinese have clearly struck some important deals. Rumors are ripe that in a March trip to Beijing, Secretary of State Hillary cut a deal promising Eminent Domain on US property in return for continued US Treasury Bond support. So maybe a shopping basket of thousands of homes, hundreds of commercial buildings, scads of idle industrial plants, and a few million acres of farmland are soon to be seized by the Chinese in exchange for US Treasury Bond debt.

One must wonder. The American people, i.e. USA Inc shareholders, will be the last to know in this criminal syndicate environment, a hatched cloud from the Fascist Business Model. Seemingly on a quarterly basis, something must be handed to the Chinese for continued US Treasury Bond support.

The US Treasury officials and US Fed have lied through their teeth about avoiding direct monetization. If the Chinese have half a brain individually, they can see the back-door monetization with collusion of foreign central banks. The Chinese are in town for the next concession. One can only wonder. Well, the Jackass has a good idea of what comes next. It is just a matter of time...

"In short, don't believe any hype about a recovery; it is a mathematical impossibility. The worst is yet to come. The choices made by Bernanke and Obama could not have been worse ones. Printing money never solved anything except the destruction of the currency. If that was Beranke's goal, he has succeeded. When the US defaults (and it will) war is very likely, I would say a foregone conclusion. How and when I cannot say, but the whole world will feel the pain and know the source. It is impossible to default on as much debt as the US has and not have war as the eventual result. So expect a major war soon after America's debt default. Expect us to get out 'clocks cleaned' when it is all over. The criminal enterprise known as America will soon come to an end." - Mark Watson, Watson's Web

Why the Dollar Is Doomed Sooner Rather Than Later

July 29, 2009

GoldenJackass - ...The Chinese must hurry to establish the Yuan currency in global trade more broadly and deeply, so as to increase its recorded volume before 2010. They intend to win a higher weight in the new International Monetary Fund (IMF) basket calculus set for revision next year.

The Chinese Government and bankers have a project, a goal, and a deadline. They wish to pursue a path to establish the Yuan as a global reserve currency, the third alongside the US Dollar and the Euro. Their chosen path in execution is to enable the Yuan to be used on a broader basis in global commerce.

During the year 2010, the IMF will recalibrate the Special Drawing Rights, and reset the weights for the basket pseudo-currency according to actual global trade. So Beijing has an objective to lift the Yuan usage globaly, thus enabling more reserve status. To do so, sufficient Yuan currency must be available..

More complicated trade platforms are being constructed right now, behind the scenes, with little or no publicity or exposure. The primary parties involved are Germany, Russia, China and Brazil. They will integrate buyer and seller with attendant systems, like a matchmaker busybody who believes this young man and that young woman should meet.

One consultant working directly on such systems wrote, "Once the meltdown occurs, the evolving system will not require reserve currencies any longer, since 95% of all transactions will be barter and/or sophisticated counter trade via a new exchange platform that is being designed and will be up an running in early 2010. This new exchange will pretty much eliminate banks from being the bottleneck in conducting trade locally, regionally, nationally and internationally. Welcome to a very different new world order."
 
The process will take time, but seems to be born soon from crisis bathwater. It is not installing new devices for speculation, but actual construction of platforms in progress unbeknownst to US media networks. The new system will enable trade from region to region in time, designed to cut out entirely the profligate ‘deadbeat’ nations that might include the United States. They essentially ride like a grand armada of parasites on the back of global trade in vessels US$ bearing a brand, extracting blood like a global tax. Trade in the new system will NOT be built atop bonds that are easily the object of fraud...

"Take some time to read this article as he alludes to the possibility of an unannounced US banking holiday." - Mark Wastson, Watson's Web