The Declaration of Independence has been repealed

[Key Guy]

Published on DickMorris.com on April 6, 2009

Quote:

On April 2, 2009, the work of July 4, 1776 was nullified at the meeting of the G-20 in London. The joint communiqué essentially announces a global economic union with uniform regulations and bylaws for all nations, including the United States. Henceforth, our SEC, Commodities Trading Commission, Federal Reserve Board and other regulators will have to march to the beat of drums pounded by the Financial Stability Board (FSB), a body of central bankers from each of the G-20 states and the European Union.

The mandate conferred on the FSB is remarkable for its scope and open-endedness. It is to set a "framework of internationally agreed high standards that a global financial system requires." These standards are to include the extension of "regulation and oversight to all systemically important financial institutions, instruments, and markets...[including] systemically important hedge funds."

Note the key word: "all." If the FSB, in its international wisdom, considers an institution or company "systemically important", it may regulate and over see it. This provision extends and internationalizes the proposals of the Obama Administration to regulate all firms, in whatever sector of the economy that it deems to be "too big to fail."

The FSB is also charged with "implementing...tough new principles on pay and compensation and to support sustainable compensation schemes and the corporate social responsibility of all firms."

That means that the FSB will regulate how much executives are to be paid and will enforce its idea of corporate social responsibility at "all firms."

The head of the Financial Stability Forum, the precursor to the new FSB, is Mario Draghi, Italy's central bank president. In a speech on February 21, 2009, he gave us clues to his thinking. He noted that "the progress we have made in revising the global regulatory framework...would have been unthinkable just months ago."

He said that "every financial institution capable of creating systemic risk will be subject to supervision." He adds that "it is envisaged that, at international level, the governance of financial institutions, executive compensation, and the special duties of intermediaries to protect retail investors will be subject to explicit supervision."

In remarks right before the London conference, Draghi said that while "I don't see the FSF [now the FSB] as a global regulator at the present time...it should be a standard setter that coordinates national agencies."

This "coordination of national agencies" and the "setting" of "standards" is an explicit statement of the mandate the FSB will have over our national regulatory agencies.

Obama, perhaps feeling guilty for the US role in triggering the international crisis, has, indeed, given away the store. Now we may no longer look to presidential appointees, confirmed by the Senate, to make policy for our economy. These decisions will be made internationally.

And Europe will dominate them. The FSF and, presumably, the FSB, is now composed of the central bankers of Australia, Canada, France, Germany, Hong Kong, Italy, Japan, Netherlands, Singapore, Switzerland, the United Kingdom, and the United States plus representatives of the World Bank, the European Union, the IMF, and the Organization for Economic Co-operation and Development (OECD).

Europe, in other words, has six of the twelve national members. The G-20 will enlarge the FSB to include all its member nations, but the pro-European bias will be clear. The United States, with a GDP three times that of the next largest G-20 member (Japan), will have one vote. So will Italy.

The Europeans have been trying to get their hands on our financial system for decades. It is essential to them that they rein in American free enterprise so that their socialist heaven will not be polluted by vices such as the profit motive. Now, with President Obama's approval, they have done it.

[bonnie]

It has to come. Capitalist countries cannot be allowed to continue to exist.

Before events of the last days can be carried out there has to be control over the monetary and everything else.

To be successful in that the citizens of the US have to back the powers of government.

A free,productive,capitalist, and independent society does not make a happy socialist situation.

Wonder why so many believe saying so is "yelling the sky is falling" or refer to those that say so they are "spreading doom and gloom" Aren't we to be prepared and look forward to the return of Christ.

[Joe_in_RP]

Dick Morris (born November 28, 1948) is an American political author and commentator who previously worked as a pollster, political campaign consultant, and general political consultant.

Morris became an adviser to the Bill Clinton administration after Clinton was elected president in 1992. Morris encouraged Clinton to pursue so-called third way policies of triangulation that merged traditional Republican and Democratic proposals, rhetoric, and issues to achieve maximum political gain and popularity. He worked as a Republican strategist before joining the Clinton administration, where he helped Clinton recover from the 1994 midterm elections by convincing the President to adopt Republican policies.[1]

The president was consulted by Morris in secret beginning in 1994.[2] In the words of Clinton's Chief of Staff Leon Panetta, "I always had the feeling that the president wanted to listen to the dark side, even though he clearly knew in his guts where the issues were and what he wanted to do. He always wanted to listen to the Morris voice to kind of say, what are the thoughts of the most extreme kind of manipulative operation that could go on in politics? I want to hear that voice. I want to hear what he's thinking." Clinton's communications director George Stephanopoulos has said that "Over the course of the first nine months of 1995, no single person had more power over the president".[2] Morris went on to become Campaign manager of Bill Clinton's successful 1996 bid for re-election to the office of President. His tenure on that campaign was cut short two months before the election, when it was revealed that he had allowed a prostitute to listen in on conversations with the President. Morris then turned his focus to media commentary. He now writes a weekly column for the New York Post which is carried nationwide, contributes columns and blogs to both the print and online versions of The Hill, and appears regularly on the Fox News Channel for political commentary. He is also President of Vote.com, a website which conducts polls on "important public issues and other topics" and then emails results to "important decision makers" in government[3

http://en.wikipedia.org/wiki/Dick_Morris

[Joe_in_RP]

G-20 Shapes New World Order With Lesser Role for U.S., Markets

By Rich Miller and Simon Kennedy

April 3 (Bloomberg) -- Global leaders took their biggest steps yet toward a new world order that’s less U.S.-centric with a more heavily regulated financial industry and a greater role for international institutions and emerging markets.

At the end of a summit in London, policy makers from the Group of 20 yesterday delivered a regulatory blueprint that French President Nicholas Sarkozy said turned the page on the Anglo-Saxon model of free markets by placing stricter limits on hedge funds and other financiers. The leaders also pledged to triple the resources of the International Monetary Fund and to hand China and other developing economies a greater say in the management of the world economy.

“It’s the passing of an era,” said Robert Hormats, vice chairman of Goldman Sachs International, who helped prepare summits for presidents Gerald R. Ford, Jimmy Carter and Ronald Reagan. “The U.S. is becoming less dominant while other nations are gaining influence.”

A lot was at stake. If the leaders had failed to forge a consensus -- Sarkozy this week threatened to quit the talks if they didn’t back much tighter regulation -- it might have set back the world’s economy and markets just as they’re showing signs of shaking off the worst financial crisis in six decades.

[Joe_in_RP]

Its all documented on this website:http://www.financialcrisisupdate.com/

You can read it and weep. They turned over the US finances to the new international agency.

Its moving fast.

[pindoc]

Yep, this change people voted in is plainly speaking, the beginning of the end. Just b/c I've read the Bible doesn't mean I'll do anything or vote for anything that will help them along. I am shocked at how many people do.

[jasd]

QR frame:

>>Obama, perhaps feeling guilty for the US role in triggering the international crisis, has, indeed, given away the store.<<

Well, did we or did we not vote for hope and change?

Yous gets what yous votes for, folks. In spades!

Anyway, let us be thankful for today - tomorrow will be upon us soon enough. :-(

[bonnie]

Quote:

>>Obama, perhaps feeling guilty for the US role in triggering the international crisis, has, indeed, given away the store.<<

Well, did we or did we not vote for hope and change?

Yous gets what yous votes for, folks. In spades!

Anyway, let us be thankful for today - tomorrow will be upon us soon enough. :-(

No one ever got around to asking what the "hope and change" meant. Personally I don't think to many cared.

[phkrause]

I think basicly people wanted a change, just like 8 years ago, and 8 years before that, and so on back for as far as I have been at the voting age. Nothing new, we can't stand one party, vote in the other party. The only thing that is competitive is the races within each party. Other than that I think anyone should be able to predict the winner without a vision from above.

pk

[bonnie]

I think basicly people wanted a change, just like 8 years ago, and 8 years before that, and so on back for as far as I have been at the voting age. Nothing new, we can't stand one party, vote in the other party. The only thing that is competitive is the races within each party. Other than that I think anyone should be able to predict the winner without a vision from above.

pk

That is probably part of it,but does not explain the Obama mania.

You can see it here.

It matters little what Obama says and does,he is accountable for nothing.

Acts that would have concerned or made voters livid concerning anyone else is excused by the sins of the past presidents.

[Key Guy]

Quote:

I think basicly people wanted a change, just like 8 years ago, and 8 years before that, and so on back for as far as I have been at the voting age. Nothing new, we can't stand one party, vote in the other party.

I accept all that. My grave concern is the damage being done to the Constitution. Just in my short lifetime, each succeeding president is doing more and more harm. The saddest part is that the populace is allowing and encouraging it.

The defense of the Constitution should be coming from the top (that's why they are called 'leaders'), but it's certainly not.

[bonnie]

Quote:

I think basicly people wanted a change, just like 8 years ago, and 8 years before that, and so on back for as far as I have been at the voting age. Nothing new, we can't stand one party, vote in the other party.

I accept all that. My grave concern is the damage being done to the Constitution. Just in my short lifetime, each succeeding president is doing more and more harm. The saddest part is that the populace is allowing and encouraging it.

The defense of the Constitution should be coming from the top (that's why they are called 'leaders'), but it's certainly not.

Every act of this administration is covered because of sins or preceived sins of previous presidents.

The constitution,that which has made this the great country it was/is,flaws included, is immaterial to the almost "worship" of this man. Yet no one can define what he has done that is "great" To define his greatness they reach back to re-examine the "sins" of another.

Obama carries no responsibility for any action. Incidences that would make any that value the constitution livid in other circumstances are greeted with awe and adoration.

Not to hard to see how quickly when the time is right that a political power can turn the majority into a mob against a group that has broken no law.

He has already done it on a small scale much to the delight of many,including SDA's