"“We have lent a huge amount of money to the U.S. Of course we are concerned about the safety of our assets. To be honest, I am definitely a little worried.” "

Chinese premier Wen Jiabao 12th March 2009

""We have a financial system that is run by private shareholders, managed by private institutions, and we'd like to do our best to preserve that system."

Timothy Geithner US Secretary of the Treasury, previously President of the Federal Reserve Bank of New York.1/3/2009

Tuesday, October 21, 2008

One of these will come in handy soon....

In 1991 Glock made a 1000 off limited edition series of specially engraved Glock 17 handgun. A list of names of all the coalition countries is engraved down the top of the slide; "Operation Desert Storm/January 16-February 27, 1991" is engraved on the right side. On the left side is "New World Order/Commemorative".

No 1 went to Dubya's Dad. No 2 to Stormin' Norman Schwartkopf etc.,

"European Union President Nicholas Sarkozy and European Commission President J. M. Barroso meet with United States President George W. Bush to press for a sweeping overhaul of the Global financial system to include a blueprint for a Worldwide Currency System.

October 18, 2008"Sarkozy: 'We must make haste, because we must stabilize the market as swiftly as possible by coming up with answers... Global Worldwide Solution... Thank you, Mr. President... for using your term of office right up until the very end to help the world find the answers to a crisis that we must contain. We must not give way to fatalism.'"

Barroso goes on to discuss merging our economies... 'a New Global Financial order and the Rule of Law."

Eight Steps to a New Financial Order
Alan S. Blinder
From Foreign Affairs, September/October 1999

Summary: The economic conflagrations that lit up the world throughout the last half decade sent a very clear message: There are fatal flaws in the global financial architecture. The Bretton Woods system was designed for a very different world. The IMF, part schoolmarm and part firefighter, no longer plays either role well. Too often, it ignores the real victims and makes crises worse. The system must be redrawn to stabilize markets and head off panics before they spin out of control. Herewith a simple, eight-point plan for such reforms that uses existing institutions and respects current notions of national sovereignty

We cannot expect to design an international financial system that totally eliminates risk. Manias, panics, and speculative excesses are inherent in free-market capitalism. Speculative markets have always been subject to alternating waves of greed and fear; they go to extremes, exhibit herdlike behavior, and probably always will. All this is part of the price we pay for vibrant, highly productive capitalism -- a necessary blemish on an economic system that has produced a dazzling record of achievement.

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(C) Very Seriously Disorganised Criminals 2002/3/4/5/6/7/8/9 - copy anything you wish