“I campaigned vigorously on a free trade agenda…. And I intend to vigorously pursue a free trade agenda.”
— President George W. Bush at a press conference during the Quebec Summit of the Americas.
Eleven years after Professor Bom penned those words, the governments of North and South America are on the verge of reinventing the entire economic and political hemisphere. In retrospect, there is a sad and ironic twist to Mr. Bom’s statement; first, most American citizens are presently too poorly informed to “rethink” the role of the Americas in a new international order. Unfortunately, to the average person, this subject is considered either too complex to understand or completely outside the realm of reality. Secondly, and probably most importantly, the US government under both Democrat and Republican administrations have been the principal engine driving hemispheric integration. This direct process has been underway for more than ten years, with elements of this integration agenda stretching back decades.
Obama,s changes??http://www.forcingchange.org/rezoning_the_worldNOTE: This article was originally published in 2003. While the article is somewhat dated, the information presented is relevant to understanding the geo-political changes taking place today.
A global economy requires a global currency.”
— Paul Volcker, former Chair of the US Federal Reserve.
“I fully support a single global currency.”
Flabbergasted, I waited for an explanation.
“That way farmers in Africa get the same pay as farmers in North America, and workers in Asia would receive the same as their counterparts in Europe and elsewhere.”
Hmmm…an interesting perspective. I asked the gentleman sitting across the lunch table; “Have you ever seriously studied banking or the historical role of money?”
We have a lot of changes in the way our government and the world are handling things, I always look for reasons or patterns for this. I found these articles interesting since it gives insight to what leaders think of the citizens and what the agenda behind these changes are.
“The control of money and credit strikes at the very heart of national sovereignty.”
— A.W. Clausen, President of Bank of America, in a response to the suggestion of a global central bank. [Clausen later became the President of the World Bank].
“Once a nation parts with control of its currency and credit, it matters not who makes that nation’s laws.”
— W.L. Mackenzie King, [former Prime Minister of Canada].
2001: “When VISA was founded twenty-five years ago, the founders saw the world as needing a Single Global Currency for exchange. Everything we’ve done from a global perspective has been about trying to put one piece in place after another to fulfill that global vision.” — Sarah Perry, Director of VISA’s Strategic Investment Program.
Robert Mundell, “the father of the euro,” and one of the world’s most respected economists, also views crisis as the starting point for change. In a May, 2007 lecture, Mundell related, “
International monetary reform usual becomes possible only in response to a felt need and the threat of a global crisis.” Global Warming? This Nobel Prize winner also pointed his finger to the possible trigger event, saying that the “global crisis would have to involve the dollar,” and that a world currency should be viewed as “a contingency” to a global dollar disaster.
With a similar crisis in mind, Benn Steil offers what appears to be an altruistic solution.
In order to avert the crisis, all that nations need to do is relinquish sovereignty before the problem become insurmountable. We see this in Greece today.