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Volcker and the Mother of All Finanical Crises
Posted By admin On March 15, 2009 @ 2:08 am In Featured Stories | Comments Disabled
It was a moment of brazen honesty. On February 20, the don of Obama’s Economic Recovery Advisory Board and former chair of the Federal Reserve, Paul Volcker, told a conference at Columbia University’s Center for Capitalism and Society that, in essence, we’re screwed. Volcker said the crash of 2008 might be “the mother of all financial crises… I don’t remember any time, maybe even the Great Depression, when things went down quite so fast, quite so uniformly around the world.”
|Paul Volcker and crew laugh it up at your expense.|
In other words, it is all going as planned, this “mother of all financial crises.”
As a Rockefeller darling and member held in high esteem at the Trilateral Commission who worked at the Fed (as in Federal Express) in the name of Rothschild, Warburg, Rockefeller and other European banking elitists, Paul Volcker knows what the end game is — a world monetary system and eventually a one-world government with a high-tech control grid overlay.
In The True Story of the Bilderberg Group, Daniel Estulin writes:
In the late 1970s, then-Federal Reserve Chairman, Paul Volcker — a Trilateralist, who once worked for the Rockefeller’s Chase Manhattan Bank — didn’t mince words when he told the American people how… “economic pressures” would affect them. “The standard [of living] of the average American has to decline.”
Jose Barroso, President of the European Commission, was dead serious in 2007 when he said the ruling elite have a “post-industrial age” in mind for us. “To bring the world into the post industrial age, you first need to destroy the world’s economic base and create another Great Depression,” Estulin explains (Bilderberg 2007: Welcome to the Lunatic Fringe).
Obama’s “stimulus” is the latest phase of this effort to create another Great Depression, or rather a Greater Depression. It is a debt and inflation tool designed to pump up another bubble in the economy. It is a built-in demolition of an already stressed economy. It is how the global elite and the banksters will take control and create their world banking empire and one-world government.
It is no mistake Volcker, who has long called for the decline of living standards, and Obama’s backstage guru, Zbigniew Brzezinski, figure so prominently in this administration with its preponderance of CFR, Bilderberg, and Trilateral Commission members.
[efoods]“Over the last few months, I’ve kept in touch with some extremely well-connected individuals who have been cluing me in on what’s really happening behind the scenes in the world of global finance,” writes Mike Adams. “For obvious reasons, these people shall go unnamed, but what they’re now telling me is that the economic meltdown is merely a means to an end. It is being done deliberately, they say, at the very highest levels to achieve a well-planned outcome. What outcome is that? Global rule over all banking, of course.”
It also means globalist rule over humanity.
In his book, The Technotronic Era, Brzezinski wrote that “people, governments and economies of all nations must serve the needs of multinational banks and corporations.” Doctor B. also called for a scientific dictatorship and said it “will soon be possible to assert almost continuous control over every citizen and to maintain up-to-date files, containing even the most personal details about health and personal behavior of every citizen in addition to the more customary data.” It is said this book was commissioned by the Club of Rome, the globalist think tank that published a report entitled Limits to Growth in 1972.
It was further spelled out in 1974 when the Trilateralists published a report entitled The Crisis of Democracy sponsored by David Rockefeller and Brzezinski. It calls for centralized economic and social planning, centralization of power in Congress, an onslaught of programs designed to dumb-down and lower the expectations of the middle class, and place limitations on the Constitution and the Bill of Rights.
During Volcker’s address at the Columbia University’s Center for Capitalism and Society he said only new forms of international financial regulation will save us from the yawning catastrophe. “All banks must be supervised and regulated, but those of systemic significance around the world, which, almost inevitably… are international, they’re not just national, will be subject to a particular layer of supervision,” said Volcker.
It will be a dictatorial and tyrannical “layer of supervision” by a small number of eugenicists looking to cull us by way of “economic pressures” resulting in a “post-industrial age.”
Obama’s crew is now suddenly laying on the salve in preparation for the slide into the abyss. “President Obama said Thursday the nation’s economic woes are not as dire as they seem and said his economic policies will get the country back on track,” reports the New York Daily News.
In other words, Obama wants you to take your eye off the ball because it is going to be one hell of a ride.
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