Tuesday, April 7, 2009

A New and Better World Economic Order

The World’s Monetary Financial and Economic System
EXPOSED For What It Really Is!

What the People and Leaders of the World Must
Now Hurry to Put in its Place!


Boswell Williams


Evidence is produced that the current world monetary financial and economic system is clearly a predatory, anti-people, unpatriotic, anti-world, treacherous, system; that it has been exploiting people in the world for millennia; and that it is owned and controlled by a few people.

The power of the system stems from the system’s ability to create money out of thin air – literally in paper printing presses “at essentially no cost” the Federal Reserve tells us – and to distribute that paper and have it accepted by the people of the world as money -- as of value – and as a medium of exchange and a store of wealth.

That power to create money out of nothing but paper, and to supply it or withhold it, has enabled the system to make and break whole countries and people, to subvert governments and to make governments subservient to it, and to create crises in countries and in governments, as its interests and profits dictate, and to ride out any and all vicissitudes, and to emerge every time stronger and more powerful than before.

The system views the current monetary and financial crisis as no exception. Having caused the current meltdown, this time because the greed and corruption inherent in the system got out of control, the system is nevertheless using the crisis to flatten all possible challenges to it throughout the world; to swallow the wealth that panicked governments and institutions such as the Federal Reserve Bank and other central banks are pouring into it, to deal with that wealth as it chooses including to convert that wealth to its own use and purposes; and to re-organize the world so that the system as usual will emerge stronger and more powerful, with the people of the world pinned down as before in subservience to it.

The danger of the unbridled use of paper money is examined at length. The current crisis is reviewed in some detail both as regards the reasons for it which are given, and those which are hidden or played down. The destructive effects of the current crisis on America and the rest of the world are touched upon, and much of the action which has been taken by governments and the system are shown to be well in line with what the system itself would dictate in its own interests and for its own profit rather than what is required to put an end to the crisis.

In sharp contrast, the current breakdown of the system through greed and corruption, which is there for all to see, has given us, the people and leaders of the world, an opportunity to replace that system with one that, instead of serving “a Few”, will serve and meet the needs of all the people of the world. We are already blowing away that opportunity – while the system is orchestrating efforts, with the powerful help of governments and institutions, both innocent and subservient, to resurrect and empower itself once again through means that spell further disaster for us, the people of the world. If we do not take the firm and decisive action that is open to us to prevent this descent, when this further collapse in our lives and fortunes comes, it will come quickly, we should know that! The speed of our collapse into our current world crisis, tells us that!

We must hurry.

Clearly, no one nation or group of nations has the power and resources by itself to pull the world out of the current crisis. In the circumstance we must seek to solve the current crisis at the world level and to provide the means at that level of ensuring that such crises never occur again, at the same time that we replace the current system with one at that level that will serve and meet the needs of all the people of the world.

The details are provided here of a fully operational world replacement monetary financial and economic system for humanity, the fundamentals on which it should be based; what and the thinking that should be avoided; the opposition from the existing system that can be expected; the funding of the new system; why any promise to regulate and control the current system so that it could continue in existence, should be taken as a bad joke; the role that money should play; and the exact channels that should be used to initiate, develop, and establish the new world monetary financial and economic system, demand for which is clearly building up in the minds – and hearts – of the leaders and people of the world, and that is essential for further human progress.

This is only the beginning of our work together at the world level. There are lots of other major problems confronting us, the Leaders and People of the World, which require our urgent attention and solution. Let’s deal quickly with this one so that we can pass on, economically strong, to solve the others without delay. Our survival depends on it.

1. The System’s True Nature

Is there anything about our current worldwide monetary financial and economic system to expose?

Of course there is, and lots too! Sir Josiah Stamp, Director of the Bank of England from 1928 to 1941, said to have been the second richest man in England, minced no words in leaving this assessment of the banking system, and this warning for us:

“The modern banking system manufactures money out of nothing,” he said. “The process is perhaps the most astounding piece of sleight of hand that was ever invented. Banking was conceived in iniquity and born in sin. Bankers own the Earth. Take it away from them, but leave them the power to create money, and with the flick of the pen they will create enough money to buy it back again…Take this great power away from them and all great fortunes like mine will disappear, and they ought to disappear, for then this would be a better and happier world to live in. But if you want to continue to be slaves of the banks and pay the cost of your own slavery, then let bankers continue to create money and control credit.”

And the system today can be as treacherous to America and the world as the worst criminal traitor: Even in the midst of the current world financial crisis with all the pain and suffering that the system has unleashed on the People of America and the World, President Obama’s brand new Treasury Secretary Timothy Geithner tells us in a public statement as late as February 10, 2009:

“Instead of catalyzing recovery, the financial system is working against recovery.”

If there was any doubt in our minds as to the anti-people, unpatriotic, anti-world, treachery, of the current financial system, can any doubt remain? That’s what the current United States Treasury Secretary said! And the evidence fully confirms that statement. Does it make sense for our leaders to continue to pump taxpayers’ dollars and other currencies to push recovery into a system that “is working against recovery”? Of course, not! Those people have their own agenda as we shall see below and in some gruesome detail too! Transparency and accountability in applying inefficacious remedies to our ills will not advance us.

Carl Icahn, billionaire financier, assures us that the system is “messed up”. He tells us: “If the system wasn’t so messed up, guys like me wouldn’t make this kind of money.” (TIME/Europe, February 26, 2007)

This iniquitous, treacherous system is “messed up”, and today, right now, it is “messing up” every government, people, and country in the world. In this situation, we should make no mistake -- we shall not be able to reform this “messed up” financial and economic system, now in meltdown, by “recapitalizing” it, by pouring trillions (yes, trillions) of taxpayers’ dollars into it, by guaranteeing its “paper”, buying the system’s bad debts, and placing the same people or the successors of those who designed the “messed up” system, operated it, and profited from it, in charge of reforming it. If we continue to do that as we have well begun to do, we shall only end up with a stronger, more powerful, “messed up” system that has gobbled up all our financial resources and national credit. With more power, it shall just continue its old predatory habit of feeding on us, and manipulating and controlling us, the people of the world, for its own interests and profit as we shall see.

What do we expect that “messed up” financial and economic system to use all the bailout money that was poured into it, for?

Do not expect bailout money to be used to resurrect and revitalize the American economy just as the financial system has been resurrected and revitalized by world governments with sovereign wealth and taxpayers’ money. Cry your eyes out and bawl your voice out, there will be no such thing as the unfreezing of credit that governments and the public expected; no such thing as the use of some of those trillions of taxpayer’s dollars to finance the creation and saving of jobs? Are you out of your mind! American workers will want to continue to be paid at the same old high level of American wages. How is the system, the system asks, going to push, to force, American workers to work for low Chinese wages and the absence of hard-won fringe benefits, as the worldwide leveling Globalization arm of the system has decreed and is enforcing?

We can expect the system to applaud the efforts of governments to put billions into immediately revitalizing and increasing consumer spending – a piece of cake, and, if repeated and repeated as promised by governments, manna from Heaven for the system to gobble up as it had been doing. And we can expect the system at the correct time to buy up cheaply, and foreclose and take over, viable businesses worldwide from under which it had pulled the credit rug, or which had otherwise succumbed to the financial and economic meltdown; and to pick up, again cheaply, shares on the stock market, from which masses of ordinary citizens and investors such as pension funds had fled after heavy losses; and so restore and extend the “rightful” ownership and control and hegemony of the system and its cronies worldwide without fear of challenge. And of course there are the strategic long-term interests of the system, as we shall see, to take care of, which its resurgence of wealth and power will enable it easily to do. And when the system adjudges the right time has come and it is in full unchallenged control of the whole world and all in it, it will release credit and act to end the worldwide recession which it had created -- but not before.

Until then, widespread hunger and suffering and consequential death are the lot of the people of the world. “We spend billions on banks when we know that a fraction of this money could save all the children in the world,” said Archbishop Desmond Tutu at Davos in January 2009. Already, according to one media report, it is estimated that one out of every eight Americans go hungry, not knowing where their next meal will come from. And that in the supposedly richest country in the world! Think of the hunger, suffering, chaos, that a few men operating this diabolical, “messed up” system have unleashed on the world inside America and outside of America! Clearly, America’s wealth has only been a mirage. Surely, it must be, if, for example, individuals can see billions of dollars of their wealth disappear overnight as regularly happens for one reason or the other such as a downturn in the market. That’s not real wealth, that’s paper wealth. Everyone knows that, but everyone pretends not to see the folly and danger of that.

It would be clearly off the mark to think that over the past months since the meltdown began, governments and the system have been acting in an ad hoc manner to try desperately to cope with the meltdown and to return the economy of the world to sanity. Surely, there are innocents among the crowd in governments and in the system, lots of them, but at the core of governments and the system, the movers and shakers have been acting true to type and to form. It’s a matter of: in the kingdom of the blind, the one-eyed man is king, but the two-eyed man, “the manipulator”, is an even greater and more powerful king. How the movers and shakers have been acting, we have begun to see. Why they act that way, we shall see. It is necessary to go through this exercise in order that the causes of our woes may be understood, and for solutions to them to present themselves to us.