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World Bank chief Zoellick to supercede G7 with new constricting global body
- Text size
Aaron Dykes
JonesReport.com
October 9, 2008
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| Playing upon global feelings of inadequacy, Zoellick sells the idea of greater centralized controls and a greater world body to supercede the G7. | |
In the wake of global economic fears, World Bank chief Robert Zoellick has proposed a new multilateral steering group “suiting our times” to replace the G7, which he attacked as “no longer effective.” Such a group would include not only the rich nations, but also emerging powers like China, India and Brazil and would be more ‘flexible.’
“We will not create a new world simply by remaking the old. It should be numberless, flexible, and over time, it could evolve. Others may be added, especially if their rising influence is matched by a willingness to help shoulder responsibilities” Zoellick added.
Such a proposal offers the solution of further constriction, like a python, to supercede the G7 and impose greater world control. Zoellick envisions that new reforms would “bring together over 70 percent of the world’s gross domestic product, 56 percent of the world population, 62 percent of global energy production, the world’s major carbon emitters, big donor countries, and the main players in global capital, commodity, and exchange rate markets.”
Zoellick announced a commission to be spurned by former Mexican President Ernesto Zedillo to “modernize the World Bank’s governance structure” and combat dominance by the United States and European powers.
Zoellick joins numerous banks and leaders such as Gordon Brown in calling for a “new financial world order.” He also echoes proposals last month from Jeffrey Garten, a protege of Bilderberger Henry Kissinger, for a new global monetary authority.
Once again, policy makers who triggered the crisis are ready to formulate the solution– a more-global globalization, squeezing together the world market to invest in a collective illusory fraud.
IMF documents show that America was long targeted for destruction, and former World Bank chief economist Joseph Stiglitz was able to predict economic collapse years two ago. As Paul Joseph Watson previously wrote:
Establishment mouthpieces tell viewers to go back to sleep while former World Bank chief economist and nobel prize winner Joseph Stiglitz predicts a global crash – caused by the very predatory globalist policies of the IMF and World Bank that are still presented to us as the solution for economic turmoil.
Investigative reporter Daniel Estulin and others exposed the fact that Bilderberg’s elite members made the decision to pop the bubble at their 2006 confab in Ottawa, Canada. Fellow Bilderberger and neocon Robert Zoellick is merely carrying out his part of the plan– and more medicine is once again the “solution.”
And sovereignty, as it states here, would be a vestigial formality under the new world body as it seduces in its new victims. Again, the World Bank and IMF would be the real power behind the chic new-multilateral group, and would clearly make key decisions
The new system would respect state sovereignty but require a “sense of shared responsibility,” he said.
Zoellick said the group… may need back up from the World Bank and the International Monetary Fund to identify emerging problems and solutions.
Zoellick points out that both Obama and McCain are in lock-step on the decision to “strengthen the sinews of America’s ties with the world.” Therefore it is clear that either new president would support such widespread reforms with almost unquestionable obedience.
Zoellick has criticized the focus on wealthy Western nations while developing nations face the ‘tipping point towards deeper poverty’ due to global food and fuel crises. Such nations “must prepare for a drop in trade, capital flows, remittances, domestic investment as well as a slowdown in growth.”
Therefore, Zoellick said challenging times will require the World Bank and the IMF to step in and act quickly.
This should sound an alarm bell. The IMF and World Bank, who have acted in tandem to draw third countries into impossible loans tied with unfavorable conditions, who have taken over assets and also taken control of further development, should be rightfully seen as rapers and pillagers– not as saviors.
“Some countries will slip toward balance of payments crises. As is always the case, the most poor are the most defenseless,” he added.
Defenseless against the IMF and World Bank, lying in wait with jaws agape.
As always, the global elite are in position to consolidate wealth as soon as a tightening of the money supply and of credit-lines, caused by the globalists, trigger the crises: “Decline in growth and worsening credit conditions, combined with monetary tightening, will trigger business failures and possibly banking emergencies.”
The third world in particular will be drawn into in the hands of the very bankers who planned to squeeze credit and prey upon economic vulnerability.
But wait, Zoellick still has another trick under his hat. The IMF and other banks could help larger countries with policy reforms to “return the country to sustainable growth.”
Zoellick’s proposed body would also be formed, in part, to tackle the problem of keeping vested interests interested while “transitioning toward lower carbon growth strategies.”
The World Bank chief hailed: a “global bargain” between energy producers and consumers in which both sides shared plans for expanding supplies, improving efficiency and lessening demand, increasing energy to the poor, and addressing climate change.
In other words, Zoellick’s institution would make it their business to regulate phony solutions like “carbon credits” and otherwise check any remaining economic independence against supposed environmental problems.
Once again, a “global solution” for a “global problem.” Demand will be reduced and allowances will be tightly controlled under a “sustainable” existence were people and nations alike will be bound by global institutions pretending to save the world.
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October 9th, 2008 at 5:19 pm
Urgent notice: The coup on America has already happened
Make this video go viral…….
http://www.youtube.com/watch?v=_XgkeTanCGI
October 9th, 2008 at 5:21 pm
I take comfort in the fact that estulin, zoellick, kissinger and the whole lot will get to spend eternity in the lake of fire along with bush, cheney, satan. (no caps on purpose, these scumbags deserve no respect…
October 9th, 2008 at 5:42 pm
LOL sure “god” will take care of it, go ahead and go back to your tv set.
October 9th, 2008 at 6:09 pm
I doubt their names are written in the book of life – Revelation 13:4-9.
Unless they repent, their end will not be a pleasant one.
October 9th, 2008 at 6:12 pm
where do they find these people ive never seen a better result for why we shouldnt inbreed
this is the elites idea of a better breed lol
October 9th, 2008 at 6:15 pm
Tim, Daniel Estulin is the man that can be seen in Alex Jones End Game, he’s a reporter that is brave enough to write about Bildeberg, I personally highly doubt he has anything to gain from exposing himself to the enemies he has made with his reporting.
October 9th, 2008 at 6:40 pm
Here’s a Good One.
I attempted to get on Alex’s show today but couldn’t get through. So, I’ll mention it here and to Alex, Jason, Aaron, Steve and Paul that the Website http://www.ancestry.com has a new feature called “Presidential Connections” that reveals that Obama is a distant cousin of Cheney (!), Palin is a distant cousin of Princess Di and is related to FDR (I saw the site earlier today so I’m going from memory). Also, Biden and McCain have distant connections to “royalty”, but the relations seem more nebulous and confined to the United States… It has been shown – almost without fail – that the candidate with more “royal” relations/connections is the winner. It would appear that Obama has more British connections than McCain and will likely be (s)elected…
Please help this one go viral, too…
October 9th, 2008 at 6:43 pm
The G7 is the meeting of the finance ministers from a group of seven industrialized nations. This is not to be confused with the G8, which is the annual meeting of the heads of government of the same nations, plus Russia.
Are we as Americans supposed to be tickled about TOTALLY losing our nation’s sovereignty?
I call the whole financial mess ‘TINKLE’ down economics! We need truthfully discerned urinalysis, (I mean your analysis).
The NWO master plan seems to be kicked into high gear these days. Are our criminals going to be tried in UN courts soon? I wouldn’t doubt it!
I found this Belgium site about ‘globalisation’ which seems pretty interesting.
Link: http://www.diplomatie.be/en/po.....XTID=13135
God bless all who are who take a stand and are opposed to this ‘destruction of U.S. sovereignty’ evil!
October 9th, 2008 at 6:48 pm
Pray, and keep your powder dry!!
October 9th, 2008 at 6:51 pm
NWO has it all planned out. Using a crisis they knew about to consoladate & gain power. Slowly but surely the globalist system of the Beast comes together as it has been throughout time.
October 9th, 2008 at 6:53 pm
…Ah-bdi…be damn !!! One time , I was sitting next to some nerd on a train , who turned out to
be the son of someone working for the ” World Bank “, and when I pointed out to him that they
rip off Third World countries , he smuggly answered ” Yes , but it’s a rip off that works !!! “
October 9th, 2008 at 6:57 pm
Read on about the man who had no problem ceding US dominance to China. The article points out his strange globalist thinking:
On January 7, 2005, Bush nominated Zoellick to be Deputy Secretary of State.[16] Zoellick assumed the office on February 22, 2005. The New York Times reported on May 25, 2006 that Zoellick could soon announce his departure. Zoellick agreed to serve as Deputy Secretary of State for not less than one year. He was seen as a major architect of the Bush administration’s policies regarding China.
On September 21, 2005, Zoellick created a major stir on both sides of the Pacific by giving a remarkably candid speech to the National Committee on U.S.-China Relations. In the speech, he not only introduced the notion of China as a “stakeholder” in the international community but sought to allay fears in the US of ceding dominance to China.
Zoellick officially took office as President of the World Bank on July 1, 2007 (upon departure of Paul Wolfowitz). His first term is set to expire in 2012.
October 9th, 2008 at 7:15 pm
Please help me! If you remember the story about Robert Zoellick as an ambassador at a meeting in Switzerland where he told a German REP. when he was asked about the plunging dollar that it would be brought under control by slowing the U.S economy QUOTE ” WE CAN DO THAT ” please post info I know this happened but my computer crashed and I lost a lot of info. Bill Gates was at this same Summit.
October 9th, 2008 at 7:43 pm
Reemergence of the BIS, concentration camps in the US, nazi helmets for American police and now this Hjalmar Schacht look alike pulling financial strings. — I knew it could/would “happen” here, but that it would be so similar…
October 9th, 2008 at 7:45 pm
Where’s Bill Ayers when you really need him?
October 9th, 2008 at 8:16 pm
none of you can do anything you are all sheep like it or not you are
October 9th, 2008 at 8:27 pm
These “people” are getting much easier to spot. They are all about credit and debt. The world would be a far, far better place without either one. Think about it!
October 9th, 2008 at 8:46 pm
Hey Alex, how bout putting up a link to that sherrif guy who won’t participate in the evictions. Put up a link and someone find his email so we can at least post our gratitude here, or if some email master can find his email we can email him, fill his account to the brim with letters telling him we won’t forget him, and so on?
October 9th, 2008 at 8:48 pm
… How can we legally and peacefully disassemble the World Bank and the US Fed?
Any suggestions?
October 9th, 2008 at 9:02 pm
You are a den of vipers and thieves. I intend to rout you out, and by the grace of the Eternal God, will rout you out.
October 9th, 2008 at 9:04 pm
At a gas station by my house in Michigan big sign that says $3.00 charge for use of credit cards.
America is Booming……nobody even wants credit
October 9th, 2008 at 9:05 pm
yeah, we knew it 2 years ago. but the people we told then, dont even remeber being told now…selective memory much?
October 9th, 2008 at 9:06 pm
Seems that the contrived world finacial break down is just the latest ploy by the world’s illuminati controlled central banks to further the next step in the take over of the world. Isn’t zoellick a fast riser? He looks like a typical geek pencil pusher but maybe he is brilliant. The question is, who’s sponsering him?
To #7, Ron Paul could never become prez because he has no royal blood as far as I can tell. He and I share a common ancestor through our great X 10 grandmother born in the 1600’s in the Wallroth/Schluctern area of Hesse in Germany/ Wallroth is a very small farming village. He’s just a brilliant American from German peasant stock like the 60% of Americans that claim German decent. I don’t think that there are any Rothschild daliansce results in my family tree which is traced to the 1600’s, but who knows, maybe I’ll get lucky and ill gotten riches will trickle down to me!!lol!
Here’s a question; since German-Americans make up the majority of the US Euro population, how is it that there has not been German-American Prez? And don’t say Eisenhower because he was Swedish/Jewish!! Just a thought!
October 9th, 2008 at 9:12 pm
I am tired of these neo cons trying to stop our truth seeking. We should go to their websites like 911myths.com and wtc7lies.googlepages.com and see their lies and tell others about them. WE ARE FREEDOM FIGHTERS LETS GO TO THEIR WEBSITES AND EXPOSE THE TRUTH.
October 9th, 2008 at 9:12 pm
van beuren isn’t german?
October 9th, 2008 at 9:13 pm
I believe after tomorrow you will see the creation of a new “World Bank” and a “One World” monetary system established. If you don’t play, you lose. Remember, those that hold all the cards, controls the game and wins!
October 9th, 2008 at 9:15 pm
…nevermind its dutch
October 9th, 2008 at 9:48 pm
save money for necessities. Learn proper health and natural health care
http://www.curecabinet.com
October 9th, 2008 at 9:52 pm
Credit is debt slavery. Gold and silver are money.
Quit trying to control us with a One World government assholes.
October 9th, 2008 at 10:14 pm
THE GOOD SHERIFF WHO REFUSES TO EVICT – SHERIFF TOM DART
October 9, 2008
BY COOK COUNTY SHERIFF TOM DART
As Cook County sheriff, I am responsible for running a 10,000-inmate jail, providing patrols to unincorporated areas and securing the courts.
But perhaps no part of our job is as difficult as the work done by our eviction units. On any given day, our deputies could be asked to throw a family out of their home, with all of their possessions left on a curb — sometimes pilfered through by those living nearby.
What isn’t part of our job, however, is to carry out work on behalf of the multi-billion-dollar banks and mortgage industries.
Too many times, our deputies arrive at a home to carry out a mortgage foreclosure eviction, only to find a tenant — dutifully paying their rent each month — who is unaware their landlord stopped using that rent money to pay the mortgage. They had no fair warning that they were about to be thrown out of their home.
That’s because, in many cases, the banks have done nothing to determine, in advance, who’s living in the building — even though it’s required by state law. Instead, those banks expect taxpayers to pay for that investigative work for them.
That stops today.
We won’t be doing the banks’ work for them anymore.
We won’t surprise tenants with an eviction order intended for their landlord.
I may be held in contempt of court over this. If that’s the case, I’m willing to accept it though I believe most judges in Cook County share my desire to find a solution for this mess.
We’re asking either the state courts or Legislature to order the banks to simply conduct very basic work before requesting an eviction.
I’ve come to this point after spending the last year trying to work with the banking industry, even asking the Legislature to pass a bill requiring them to — at a minimum — let us know if any children, disabled or senior citizens live at the home, so we can connect them with social services. That effort was killed by banking industry lobbyists.
Until the banking industry steps up and does the right thing, I won’t continue to risk violating the law and open taxpayers to further liability.
(My comment: YAY!! Someone who really gets the big picture. He is my hero of the month!)
Here is his website: http://www.cookcountysheriff.org/ You can email Sheriff Dart at: sheriff@cookcountysheriff.org
October 10th, 2008 at 12:14 am
If ever there was an uphill battle to be fought it’s this one…against the Globalist Hyena’s!
It’s like standing at the base of Mount Everist in shorts, singlet and sandals…and believing you can actually climb it.
No one’s been able to organize a mass s---, or a mass fart…”in seven years”…let alone a mass demonstration/s.
As much as i hate to say it…i reckon the show is well and truly f---ed…the fat lady sang a long long time ago…and no one could be bothered stapling the fat bitches stomach!!!
October 10th, 2008 at 1:05 am
Members of the G 7 will undoubtedly change anyway after the world financial disasters.
October 10th, 2008 at 2:04 am
#13
You mean this?
http://www.bloomberg.com/apps/.....news_index
October 10th, 2008 at 4:04 am
imaging al-quaida would of created all of this mess, then we will see this whole thing to be a terror act but no, it is done by white western people (beasts) in leading positions and that is what prevents us to see this as terror!
these people should be shot in the back of their heads!
October 10th, 2008 at 5:25 am
The only way is to unite, and create an ACTION BOMBS
http://actionbomb.no-ip.org/
Organize and trigger grassroots action on your website or blog. CHECK IT OUT this is activism on steroids.
Leave a crater!
October 10th, 2008 at 7:04 am
October 10, 2008 (LPAC)–The banks are blowing out, the stock market is plunging, the economy is in free fall, all despite almost daily interventions into the financial system by the central banks and governments around the world. The efforts of Treasury Secretary Henry Paulson and his Plunge Protection Team are being overwhelmed, as the largest volume of financial bets in world history crushes their bailout efforts, which while unprecedented in scope, are nevertheless puny in comparison to the tumor they are trying to save.
Driving all of this is the global casino known as the derivatives markets, a market which dwarfs the world’s mortgage, bond and the stock markets, combined. While mortgages, stocks and bonds are measured in the trillions of dollars, the derivatives market is measured in quadrillions, or thousands of trillions of dollars. Putting a number to the size of the derivatives market is virtually impossible, but putting a number to the value of the derivatives market is easy–zero!
Derivatives were the great financial innovation of the Greenspan era, in which casino-style bets on the price movements of currencies, bonds and stocks replaced the ownership of those items as a way to make money. The bets thus placed soon far outstripped the levels of the markets upon which they were nominally based, as derivatives became the prime source of “profit” for the financial markets. That these “profits” were entirely fictitious, a fancy form of casino-floor betting chips, was considered irrelevant as long as the market was growing and the funny money was pouring in. Last summer, however, the financial system died, sealing the doom of the derivatives game.
Today, the collapse of the derivatives market is crushing the international financial system, as the speculators fight to save the fictitious “profits” through the largest bailout attempt in history. We stress attempt, because the bailout is not working, and can not work–there isn’t enough money in the world to cover all these funny-money bets, and the efforts by the central banks to print that money, is fuelling a hyperinflationary bomb which will wipe out not only the remnants of financial system, but also the governments, national economies and the means of existence for most of the world’s population. Hyperinflation will destroy the value of the dollar itself, wiping out pensions, savings, bank accounts, stock portfolios, and all other monetary values, bankrupting households, businesses and governments, leaving the nation destroyed, and, effectively, no longer a nation. We have barely scratched the surface of the horrors that will come, if we continue down this path.
Therefore, it is essential that the bailout of the derivatives bubble be stopped, immediately. All derivatives trades should be declared null and void, and wiped off the books of the speculators. Any financial instrument containing a derivative should also be declared null and void, and wiped off the books. This unregulated, insanely leveraged casino should be shut down, and all claims arising from derivatives bets nullified, as if the bets had never occurred.
We have already suffered far too much from the effects of this unfettered speculation, watching as money which should have gone into infrastructure and essential services for the population, instead be siphoned off into the virtual world of derivatives betting. It is a parasite which is killing us, and now the parasite would destroy us all to protect itself from the destruction it has wrought. It is past time that we shut it down, wiped the gambling debts off the books, and let the parasites collapse. We have a world to rebuild, for the future of mankind.
There can be no compromise on this. Shut it down, and shut it down now. Your life, and the nation, depends upon it.
October 10th, 2008 at 8:56 am
http://video.google.com/videop.....rAL-z7jYDQ
October 10th, 2008 at 10:42 am
Legendary investor Jim Rogers was just asked on CNBC what should the G7 do he said they should “What they need to do is go to the bar and have a beer and leave the rest of us alone. Let the people who are sound succeed and let the other people fail.”
Read full article & watch video here.
October 10th, 2008 at 11:32 am
Anyone know how this global economic crisis is affecting Israel?
October 10th, 2008 at 12:03 pm
Is that Richie Cunningham or John Boy from the Waltons?
October 10th, 2008 at 12:07 pm
My guess is that those countries that don’t have the American Banksters, and the IMF, are going to NOT let them come in to do what their doing to us now. We can only hope that Russia, and China don’t fall for it, so we have some counterbalance to the NWO.
October 11th, 2008 at 8:05 pm
Like I said a couple of days ago, here comes the “World Bank” (the following is from todays news): To address this last pledge, Paulson scheduled a meeting Saturday evening of the Group of 20 countries — which include the G-7 plus the world’s biggest developing countries such as China, Brazil and India — to explain recent actions by the U.S. and other wealthy allies.
French Finance Minister Christine Lagarde said she saw the discussions as a way to help emerging-market countries understand actions by wealthier nations so they can be included in solutions and “if they wish, adopt the same principles.”
In a briefing for the IMF’s policy-setting board, Paulson said that after the immediate crisis “we must turn our attention to longer-term reforms to modernize our outdated financial regulatory structure.”
October 11th, 2008 at 8:17 pm
Alex Jones – Bob Chapman Pt4
http://www.youtube.com/watch?v=i9_eeO-fekE