[CitizensTruth] Towards a global currency, and MORE economic conquest: OR How the world REALLY works

[Geri Perry]

Hi all,

I've put together a "Cliff notes" of sorts about the way the world 
REALLY works.

I begin with a few key excerpts from an article by economist Michel 
Chossudovsky . . . . . .Please do re-read the second and last sentences 
I have excerpted. . .

. . . .THEN listen to YouTube clips below these excerpts in which 
economist Michael Hudson talks about how Americans are going into an 
"epoch of debt peonage", "land rents" and a new form of  
"neo-colonialism" causing a veritable tsunami of Americans to move into 
a permanently indentured servant class. Hudson also discusses how third 
world farmers figure into the current global scheme of land-grabbing, 
and how the U.S. military machine is created by money obtained through 
debt to the banking system:  

<PERTINENT EXCERPTS>
Global Geopolitics bears a relationship to the international monetary 
system. CONTROL OVER MONEY CREATION IS AN INSTRUMENT OF ECONOMIC 
CONQUEST.  . .

The INVASION AND OCCUPATION of Iraq was to EXCLUDE rival Russian and 
Chinese interests from the Middle-East and Central Asian OIL FIELDS. . .

. . .The IMF has recently presented a plan for issuing debt denominated 
in SDRs rather than US dollars. The media has heralded this decision as 
a major innovation, when in fact the Bretton Woods institutions have, 
for many years, been issuing debt denominated in SDRs. . .

. ..Actual central banking functions, however, would not necessarily be 
transferred to the IMF, they would remain in the hands of four 
constituent central banks:  The US Federal  Reserve, the European 
Central Bank based in Frankfurt, the Bank of England and the Bank of 
Japan. I

The IMF is a bureaucracy which serves the interests of major private 
financial institutions. . .While the IMF would formally be responsible 
for overseeing a global currency, the IMF would not actually be 
responsible for monetary policy. Under the existing SDR composition, the 
central banking functions would be divided between four central banks. 
These central banks are in turn controlled by a handful of private 
banking interests. . .

 . . .This integration would lead to reinforcing the hegemonic control 
of a small number of global banking and financial institutions over the 
process of money creation. This, in turn, would overshadow the functions 
of national central banks, ENCROACH [further] ON THE SOVEREIGNTY OF THE 
NATION STATE AND EVENTUALLY LEAD TO A NEW PHASE OF THE GLOBAL DEBT 
CRISIS.  <END EXCERPTS>

NOW  ------  

------- for America's new "epoch of debt peonage" and how 3rd world 
farmers and the U.S. military figure in. Check this 3 part series of 
YouTube clips, in which Max Keiser interviews economist and former 
economic advisor to Dennis Kucinich:

In part 1, Keiser talks about a "certain benign attitude toward 
financial genocide" and refers to our much-touted "all knowing Market" 
as being part of "market theocracy". He also defines financiers 
(especially those at Goldman Sachs) as exhibiting psychopathic behavior, 
all laying the groundwork for the Hudson interview:   
http://www.youtube.com/watch?v=rtIEGvtwHFI

Part 2 has Hudson discussing the criminal behavior of Goldman Sachs (and 
assorted business associates) who hide behind euphemisms like "making 
markets" instead of the more accurate "manipulation of markets". He also 
mentions the recent (renewed from the ancient) practice of melting down 
of copper pennies for personal gain, then talks about the problems 
inherent with mortgages made at 125% of value and the coming "epoch of 
debt peonage" entailing a new perpetual "indentured servitude" - a dream 
for investment bankers, a nightmare for everyone else: 
http://www.youtube.com/watch?v=iDzjxV8JUzQ

Part 3 starts with "land-grabbing" and neo-colonialism as discussed at 
the G-8 summit in Italy. This was a topic due to the fact that in just 6 
month's time an area the size of all of Europe's  farmlands have been 
bought FROM poor nations BY nations like China and the Gulf nations - 
AND major corporations.

Hudson explains that the reason this is happening is because China, and 
the Gulf nations are trading their devalued U.S. dollars for farms that 
third world countries are selling in order to pay their debt. Notice 
Hudson's comment about the much heralded "Debt relief programs", which 
ONLY canceled debts of the governments. As a result of said "Debt 
Relief", third world countries now pay ALL of their export earnings to 
the private banks. Says Hudson, "It's almost as if the original regime 
had been working for the debt holders, primarily Goldman Sachs, Chase 
Manhattan, etc." (Shades of John Perkins and the Economic Hit Men?)

Keiser points out that what is happening in the third world in the way 
of land-grabbing, rent-seeking, economic devastation etc is also being 
visited upon the U.S.

Last but hardly least is Hudson's assertion that many countries are 
realizing that the U.S. military machine is created through our 
debt/money machine:  http://www.youtube.com/watch?v=mZ4guomLmpI

All three together certainly do point to psychopathic behavior  - not to 
mention an urgent need to demand Congress do its Constitutional duty and 
create debt "free" money. If we can do that, we can bring an end to the 
"free lunch". If not its every man for himself.