 |
 |
 |
|||
 |
|||
 |
|||
 |
|||
 |
|||
 |
|||
 |
|||
 |
|||
 |
|||
 |
|||
 |
|||
 |
|||
 |
|||
 |
|||
 |
|||
 |
|||
 |
|||
 |
|||
|
|||
 |
|||
|
|||
 |
|||
|
Bretton Woods II: Stiglitz calls for new monetary order
- Text size
UN calls for sweeping new “Bretton Woods” system
Boston.com
October 30, 2008
UNITED NATIONS—Diplomats and economists are pressing for new global financial rules, seeking an update of the World War II-era system created at New Hampshire’s Bretton Woods.
Nobel Prize-winning economist Joseph E. Stiglitz of Columbia University told the U.N. General Assembly that “this is a global crisis and it requires a global response.”
U.N. General Assembly President Miguel d’Escoto Brockmann convened a debate on the global financial meltdown to position the world organization squarely at the center of a possible fix.
Development economist and former U.N. official Sakiko Fukuda-Parr of the New School said that “global solutions are needed.”
At the 1944 Bretton Woods conference of major powers in New Hampshire, the U.S.-led negotiations spawned the two major sister U.N. institutions, the International Monetary Fund and World Bank.
COMMENT: Stiglitz recommended a global reserve currency to stabilize assets “too big to fail” in the era of globalization.
See video: http://www.cnbc.com/id/15840232?video=912963848
-
- Social bookmarks
- Email this article
-
- Print this page
- Share on Twitter
October 31st, 2008 at 6:52 pm
It remains to be seen if Alex will call him out on his globalist leanings the next time he has him as a guest on his show…
October 31st, 2008 at 7:09 pm
Just another old dog who can’t learn new tricks. The only logical evolution of this monetary system is to move towards a single-currency system. Of course, this would lead to total global tyranny, so our only real option is to abandon this monetary system altogether and let the system fail so we can figure out something better than this fractional-reserve bullshit.
Stiglitz is not someone who plans to take over the world, he’s just an old man instructed in the ways of money and its very difficult for him to imagine a world other than one similar to our own. It doesn’t matter what any of these NWO guys want, they simply won’t be able to achieve it. This is not in the control of individuals, these are globe-spanning systems at work.
October 31st, 2008 at 8:12 pm
Yawn,
So, so what, so we the people of the planet … exchange our currant fake curriences for a new global fake currancy..
Same bankes, same fraud, new face.
yawn…
Anyone who reads the Bible, or for that matter the Muslems who read Quran, know, that we win in the end..
October 31st, 2008 at 9:23 pm
Nobel prize + $1.00 = cup of coffe at Waffle House.
Al Gore got a Nobel for being able to process oxygen(breathe) on his own.
If this guy was so good in economics.. he would be out there taking risks in the economic field instead of hiding in the nether regions of “Academia”.
October 31st, 2008 at 9:53 pm
The US in it’s inafncy… Nothing has changed.. Please tap this info and you will easily see that the US is the same today as it was when it separated from Britain(I almost typed “Great”) .. out of respect for a once noble opposition.. but even the Brits will have to agree their nation is failing them at present…
Perhaps they could learn from this site as well.
http://en.wikipedia.org/wiki/Shays_Rebellion
October 31st, 2008 at 11:00 pm
http://www.ki4u.com/
Great info on surviving a nuclear attack. Send this to everyone you know.
November 1st, 2008 at 1:24 am
Hey all: read rise of the fourth reich as it is quite enlightening. Skipee do da, here comes the amero. Gotta run, packing for fema camp as the big red dodge ram is sitting outside. Whatdoesitmean.com for intl non controlled news. Love, a saaaad sheep.
November 1st, 2008 at 4:48 am
Alex should grill him on this one the next time he has him on air.
he should also discuss with him the private FED and the money system. There is no time for screwing around anymore. Is Stiglitz on our side or isn’t he?
November 1st, 2008 at 7:29 am
One has to always remember, whatever scam the shameless come up with, will ultimately only serve to benefit them, and them only.
The dumb gentiles like us, will always get left behind working and paying, so the shameless can get closer to god (interstingly that’s in one of their trash religious books)
So, I say we BREAK with them, let them go on their own boat, and we create our own world.
Imagine it just like a women’s toilet, where men are not allowed, same thing, we just create a gentiles only society, and we live happily ever after.
November 1st, 2008 at 6:07 pm
Just because he wants a global body governing monetary policy doesn’t mean that he’s a NWO sellout. Not everyone who is for globalism is evil. Say that you disagree with him. Say that he’s wrong. But don’t say that he’s an evil NWO jew, that’s just immature and anti-semitic.
November 1st, 2008 at 8:12 pm
#11 Miguel
If any person goes along with this global ANYTHING, I believe they are likely part of this EVIL so called NWO. Call me anti semitic, Immature whatever, I DON’T CARE! I have ABSOLUTELY ZERO respect for ANY person who goes along with this global plan weather it’s monetary, Government, religious whatever, they are ALL in the same boat of fools who are moving the world into this satanic and evil plan.
If you want to join them you will suffer the same fate as them. Good luck, you’ll need it!
November 1st, 2008 at 8:14 pm
I’m sorry Miguel, everyone who is for globalism without Christ is evil and Stiglitz is evil. The Bible makes it very clear, if you are not with Jesus Christ the Holy One of Israel then you are on Satan’s side like Mr. Bush and his VP. The Bible says, (Paul is writing to Christians), “God is just: He will pay back trouble to those who trouble you [Christians] and give relief to you who are troubled, and to us [Paul is referring to the people he was working with at that time] as well. This will happen when the Lord Jesus is revealed from heaven in blazing fire with his powerful angels. He will punish those who do not know God [people like Stiglitz] and do not obey the gospel of our Lord Jesus. They will be punished with everlasting destruction and shut out from the presence of the Lord and from the majesty of his power on the day he comes to be glorified in his holy people and to be marveled at among all those who have believed. This includes you, because you believed our testimony to you”. That’s from 2Thessalonians 1:6-10 of the Holy Bible. Since Mr.Stiglitz is not born-again he will be one of those unbelievers that will be punish if he is still alive when Christ returns or if he dies before Christ returns then he will receive his punishment in the after life. But either way he will end up in Hell like all the other evil NWO people–reading the Bible gives me so much peace. Thank God for Jesus.
November 1st, 2008 at 8:27 pm
The Founders’ Amazing Monetary System Would Solve Today’s Monetary Crisis
The American Founding Fathers originally intended a monetary system quite different from the one we have now. In fact, they had hoped to prevent many of the fiscal and economic problems with which our present monetary system is afflicted. Their system relied on four major principles.
The people’s representatives in congress must develop and carefully control the money system and make sure the amount of money remains stable. That’s why the Constitution gives this power exclusively to Congress in Article I, Section 8. To be honest, a medium of exchange must have “intrinsic” value or in other words it must have value in and of itself. The Founders knew only money based on gold and silver would provide this value. There must be no fractional reserve banking. As Jefferson said: “No one has a natural right to the trade of a money lender but he who has the money to lend.” In order to prevent undue pressure on the demand for money and to make sure federal officials did not have so much power they could be “bought off”, the Founders clearly said that money from the federal treasury can be spent only for the 20 powers listed in Article I, Section 8, and then only if such expenditures were for the “general welfare” or in other words if such expenditures benefited the whole nation and not specific groups, locations, or businesses. Let’s look at what happened to each of these founding principles. –Rebecca
O’Dell Townsend. If you would like to read the rest of the article please go to http://www.rebeccaodell.org
November 1st, 2008 at 8:40 pm
No Robert, you don’t win, only those who are born-again win, and from you message I can tell you are not a Christian, to much yawning, a real Christain doesn’t yawn in battle, a real Christian fights with prayer and guns, big guns, please see: http://www.infowars.com/?p=5641, thank you.
November 1st, 2008 at 11:49 pm
Robert W. Roddis For Michigan Supreme Court is a Ron Paul Supporter
http://www.breakthematrix.com/.....-Supporter
Robert W. Roddis
I am a lifelong resident of metropolitan Detroit. I have been an attorney since 1980 and a civil litigator for much of that time. I am a strong advocate of the Austrian School of Economics as exemplified by the Nobel Prize winner in economics Friedrich Hayek and by Congressman Ron Paul, who has been an inspiration to me. I believe that individuals have a constitutional and natural right to personal liberty and financial liberty.
November 2nd, 2008 at 1:24 am
The US can no longer call the shots. After all it is the nation with the most outstanding debt and the one that has created this derivative nightmare.
Can one give a gun to a murderer?
Or the keys to the vault to a thief?
November 2nd, 2008 at 7:29 am
Why not just have the federal government declare bankruptcy(to clear the books of the money owing) and give each state the power to print it’s own money.
Problem solved…..
November 2nd, 2008 at 11:37 am
#18 – Although your solution would work, the feds would rather that not happen. So, that will not be sold to you by the media. Sorry.
November 2nd, 2008 at 12:24 pm
Please can we stop referring to these scum as ‘the elites’ and call them what they really are …. ‘kiddy-fiddling, satan-worshiping, jumped-up, spolied, pampered pricks!’ If you keep calling them elite all the time it just inflates their egos. Why not just refer to them as ‘the shits’ or simply ‘the *u*tarses’.
Keep up the good work.
November 2nd, 2008 at 2:18 pm
Calls for a new monetary order is just getting the world ready for the one world financial order where you will not be able to buy or sell unless you have the mark. As it says in Revleations. WE ARE VERY VERY CLOSE TO THE END.
November 2nd, 2008 at 2:30 pm
The current system is sometimes called BW 2 and it’s already dead
November 2nd, 2008 at 4:55 pm
What a two faced sumvabeench. He did a great job pulling the wool over our eyes.
November 2nd, 2008 at 5:10 pm
: (
November 2nd, 2008 at 5:45 pm
The only logical evolution of our current monetary system is to move towards a single-currency system. Of course, this would lead to total global tyranny.
Our only real option is to abandon this monetary system altogether and let the system fail so we can figure out something better than this fractional-reserve bullshit.
Unfortunately, the political elites of the G7 who are in it for themselves (of course), are going to prop-up and bail-out their way to that single currency system, and we will probably get that global tyranny one way or another.
And then, finally, we’ll hyperinflate that global currency and, lacking in resources and/or political consensus, the tyranny of global government will be broken. I dearly hope the nightmare of global government will at that time come to an end and those people who brought us there will serve as a warning to future generations.
I’m afraid that this world is going to experiment with global government regardless of its dire consequences though. Our political elites never shied away from developing and using nuclear bombs, and look where that got us.
November 2nd, 2008 at 5:55 pm
its time for north americans to stand up for the constitutions that founded their countries
and put a end to the NEW WORLD ORDER
November 2nd, 2008 at 8:55 pm
The 2001 interview of Stiglitz by Greg Palast was a bombshell. Great stuff explaining how the World Bank / IMF destroy countries. Palast and Stiglitz both seemed to be bucking the system. But then Palast couldn’t produce the goods on the infamous “W199-i” document, and Alex Jones got burned on that one. He took it on faith that Palast was telling the truth when he said G.W. Bush had signed an order stopping investigations of bin Laden, but STILL no one has seen Bush’s signature on such a document. So that made Palast suspect, and now this from Stiglitz. Stiglitz is supposed to have been blowing the whistle on the World Bank, and now he’s promoting a world banking system. To paraphrase Malcolm X, Alex Jones has been flim-flammed.
November 2nd, 2008 at 10:45 pm
A global bailout fund was proposed by Clinton’s treas secy Robert Rubin, after the Mexican bailout. As far as “too big to fail” is concerned, too big to fail is too big. Yes we need a global currency. It’s called either gold or silver. Anything different from these is a scam. But the likelihood of the banking community being interested in giving up their foreign exchange trading businesses is slim.
November 2nd, 2008 at 11:52 pm
I love the liberty activist movement
The USA government is Super Criminal
Vote 3rd party
November 3rd, 2008 at 1:03 am
What else can be said!! We are in a global crisis that has been brought about by those who need to feel like gods!! And all of their silver and gold will perish with them!! How can they escape the damnation that awaits them!!?? These devils have been dreaming about this for 2 centuries now!! And now it is their time!! AND NOW THEY HAVE THE TECHNOLOGY TO ENSLAVE THE WHOLE WORLD!! And now they even have their ZOMBIE MAKING BEAST CHIP THAT WILL DESTROY AND ENSLAVE THE WHOLE WORLD!! And now their table is set and the GREAT GOD OF HEAVEN WILL HAVE THE LAST SAY!! BUT FIRST; HE HAS TO SEPARATE THE SHEEP FROM THE GOATS AND THE WHEAT FROM THE TARES!! Oh my!! God is still in control and don’t you all forget it!!
November 3rd, 2008 at 8:48 am
It is not too surpeising that Stiglitz is a toady for the world banksters. If he ever comes on Alex Jones again, I would like to hear Alex ask him the following question:
Wouldn’t the people of the world be better served if debt free currency was issued by their governments, instead of interest bearing private bank money?