ECB President Jean-Claude Trichet calls for ‘Global Governance’ at the Council on Foreign Relations

The elitists have created the entire financial crisis to manifest their dream of world government – the “New World Order” – and now they present global governance as the solution to the problems that they have created!



04/29/10

Source: Forbes

Congressman Henry Waxman Sneaks Anti-Vitamin Amendment Into Wall Street Reform Bill

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Henry Waxman

(NaturalNews) Of all the sneaky tactics practiced in Washington D.C., this recent action by Congressman Henry Waxman (D-CA) is one of the most insidious: While no one was looking, he injected amendment language into the Wall Street Reform and Consumer Protection Act of 2009 (H.R. 4173) that would expand the powers of the FTC (not the FDA, but the FTC) to terrorize nutritional supplement companies by greatly expanding the power of the FTC to make its own laws that target dietary supplement companies.

This is a little-known secret about the FTC and the nutritional supplements business: The FTC routinely targets nutritional supplement companies that are merely telling the truth about their products. Some companies are threatened by merely linking to published scientific studies about their products.

Read moreCongressman Henry Waxman Sneaks Anti-Vitamin Amendment Into Wall Street Reform Bill

Elite Puppet Credit Rating Agencies Playing Big Roll In European Debt Crisis

Only very few people are brave enough to call the financial crisis what it really is and that is financial terrorism.

One of those few people is Max Keiser:

Max Keiser on Greece: ‘The IMF is a Financial Mafia’

Max Keiser on the Greek Crisis (with Greek subtitles)

The entire financial crisis is an engineered crisis. It’s a controlled demolition.

The elite is looting and bankrupting the people everywhere, and when the people will finally beg in total despair for a solution, then the elite will present to them the New World Order (world government, a new world reserve currency etc.) as only possible solution to all the problems that the elite has created in the first place.

The elite controls/owns/runs governments, central banks, Wall Street, the mass media and of course useless rating agencies (that gave AAA ratings to bundled junk).


Credit Rating Agencies Playing Big Roll In European Debt Crisis

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NEW YORK — The downgrading of European debt is turning up the heat on the firms that issue the ratings.

Some European officials are calling for curbs on rating agencies like Standard & Poor’s, Moody’s Corp. and Fitch Ratings. They argue that conflicts of interest and bad information make the agencies’ assessments unreliable, even dangerous.

Germany’s foreign minister went so far Thursday as to suggest that the European Union should create its own rating agency. He spoke after downgrades of Greece and Portugal roiled financial markets and stoked fears that Europe’s debt crisis was spreading.

How ratings agencies are paid is also coming under scrutiny. The money they earn comes from the institutions whose products and debt they rate – a point of contention in the U.S. and Europe. At a hearing last week on the agencies’ role in the financial crisis, U.S. Sen. Carl Levin called that pay system an “inherent conflict of interest.”

Legislation in Congress to overhaul the financial regulatory system could change how the rating agencies do business. Critics (= Analysts, economists, investors that are not bought and paid for by the elite.) note that the agencies gave safe ratings to high-risk U.S. mortgage investments that later imploded, triggering the financial crisis and a deep recession.

Read moreElite Puppet Credit Rating Agencies Playing Big Roll In European Debt Crisis

Greece: Riot Police Clash With Protesters Over Cuts

Max Keiser said it best in this interview:

Max Keiser on Greece: ‘The IMF is a Financial Mafia’:

Is the International Monetary Fund Greece’s only solution, or are there other alternatives?

Max: The only solution for Greece is to arrest the Goldman Sachs bankers immediately and all those involved in the fabrication of Greek economic data in 2000, when you became a member of the eurozone. The next step is to nationalize all banks like Sweden did in 1993. The International Monetary Fund is that last thing you need. You will lose your sovereignty. It exercises terrorism. You will be raped in such a way, that it will be the worst pain you have ever felt.

There are those who believe that the IMF is not the “bad wolf” but the only solution for Greece

Max: If someone burns down your house in order to sell you charcoal, would you consider this logical? That is exactly what Goldman Sachs did to the Greek economy. They burned you down like arsonists and then they tell you not to worry they’ll give you charcoal. It’s outrageous. The IMF has said that it can provide Greece with help. The Wall Street investment hedge funds are attacking Greece’s bond market so that the Greek economy collapses. And they’re doing this for a simple reason; to force the Greek people to ask for help from the IMF. The IMF will say, we came because you asked for our help. Wall Street bankers work very closely with the IMF. It’s a financial mafia and the hedge funds are the assassins. Research conducted on Goldman Sachs in the USA and in Europe show how big a mafia it is. They are involved in illegal activity throughout the world.

See also this: Max Keiser on the Greek Crisis (with Greek subtitles)


Riot police clash with Greek protesters over cuts

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Policemen try to escape a fire from a petrol bomb during riots at a May Day rally in Athens

Tear gas has been fired at demonstrators in Greece protesting against the government’s planned austerity cuts to save their failing economy.

Thousands of left-wing and union demonstrators have descended on Athens for a march to oppose the wage cuts, tax rises and pension reductions being proposed.

Riot police deployed tear gas into the crowds after protesters hurled rocks at the Finance Ministry this morning.

There were similar scenes in the northern city of Thessaloniki as youths attacked business premises, smashing store fronts and ATMs.

Greece must cut it’s budget deficit by 24 billion euros to secure a £120 billion loan from the European Union and International Monetary Fund for the next three years.

The details of the cuts will not be revealed until after the loan is secured, but Prime Minister George Papandreou has warned the country to prepare for a period of hardship.

Read moreGreece: Riot Police Clash With Protesters Over Cuts

Spain: Jobless Rate Tops 20 Percent

Spain Jobless Rate Tops 20 Percent

MADRID (AFP) – Spain’s jobless rate topped 20 percent in the first quarter, national statistics institute INE said Friday, fueling fears over the country’s public finances which have rattled global financial markets.

The number of unemployed jumped by 280,200 to 4.61 million, more than in Germany which has nearly twice Spain’s population, for a jobless rate of 20.05 percent. The unemployment rate rose from 18.83 percent in the fourth quarter.

The last time the unemployment rate topped 20 percent in Spain was in the fourth quarter of 1997 when it hit 20.11 percent.

Spain’s jobless rate has soared since the global credit crisis hastened the collapse of its labour-intensive construction industry at the end of 2008.

Read moreSpain: Jobless Rate Tops 20 Percent