Global Warming, a Global Financial Crisis and a Global War on Terror

These are the triad of reasons that could potentially bring us to Global Government, or "Governance" as it is euphemistally called.

Gideon Rachman is a leading financial opinionator for the very influential Financial Times. He says that, "a world government" would involve much more than co-operation between nations. "It would be an entity with state-like characteristics, backed by a body of laws. The European Union has already set up a continental government for 27 countries, which could be a model. The EU has a supreme court, a currency, thousands of pages of law, a large civil service and the ability to deploy military force."

"So could the European model go global?" Rachman asks. He offers three reasons why he thinks it might: "global warming, a global financial crisis and a 'global war on terror"

"The financial crisis and climate change," Rachman says, "are pushing national governments towards global solutions, even in countries such as China and the US that are traditionally fierce guardians of national sovereignty."

Take, for instance, Robert Mundell, the Nobel Prize-winning Canadian economist who played a major role in setting up and promoting the euro. He is also a central figure behind the proposed IMF currency, having been a leading advocate of the idea for many years. In a 1990 essay, later reprinted in the Wall Street Journal, Mundell wrote: "We have a better opportunity to create a world central bank with a stable international currency than at any previous time in history."In the week prior to the London summit, when Zhou Xiaochuan, the governor of Communist China's central bank, and Nursultan Nazarbayev, the communist dictator of Kazakhstan, both called for a global currency and a global central bank, Mundell was trotted out in the major media to provide his stamp of approval. "It would be a very good idea if the G20 took that idea up in London," Mundell said.

U.S. Officials "Open to" Ditching Dollar

But it is the American globalists, especially those serving as elected and appointed federal officials — not the Chinese, Canadians, or Europeans — who should most concern American citizens. On March 25, U.S. Rep. Michele Bachmann (R-Minn.) rightfully took Secretary Geithner to task for being deceptive about his true intentions concerning China's global currency proposal.

Rep. Bachmann's office issued a release declaring:"Yesterday, during a Financial Services Committee hearing, I asked Secretary Geithner if he would denounce efforts to move towards a global currency and he answered unequivocally that he would," said Bachmann. "And President Obama gave the nation the same assurances. But just a day later, Secretary Geithner has left the option on the table. I want to know which it is. The American people deserve to know."

Asked today about a currency proposal from China at a Council on Foreign Relations event, Secretary Geithner stated he was open to supporting it. Despite attempts to clarify his remarks later in the day, the unguarded initial response calls into question his true intentions. A transcript and video of Geithner's statement at the Council on Foreign Relations (CFR) are available on the organization's website. Geithner says: "as I understand his [Zhou Xiaochuan's] proposal, it's a proposal designed to increase the use of the IMF's special drawing rights. And we're actually quite open to that suggestion. But you should think of it as rather evolutionary, building on the current architectures ... rather than moving us to global monetary union." (Emphasis added.)

Source:
Global Fusion: The G20, IMF, and World Government
Written by William F. Jasper
Thursday, 16 April 2009 00:10