Obama Agrees To Outsource Capitalism To European Socialists

By TVC Executive Director Andrea LaffertyApril 13, 2009
Most Americans are probably unaware that President Barack Hussein Obama has shockingly agreed to place America’s free enterprise system under the control of a world financial government to be ruled from Brussels, Belgium.Obama quietly agreed to this system while attending the G-20 Summit in England earlier this month. During the recent meetings of the G-20, the nations issued a proposal for a “Financial Stability Board” and an International Economic Union that would control all financial institutions around the globe. This includes the U.S. Analyst Dick Morris spoke to Greta Van Susterern on April 3, to put this catastrophic sell-out of our system into context:
Literally from April 2nd of this year -- that is, today -- it's a whole new world of financial regulation in which, essentially, all of the U.S. regulatory bodies and all U.S. companies are put under international regulation, international supervision. It really amounts to a global economic governance.Let me read you from the communique, Greta. "We agree to a framework of internationally agreed upon high standards. We will set up a financial stability board with a strengthened mandate to extend regulation and oversight to all systemically important financial institutions, instruments and markets" -- including hedge funds, all -- anything that they decide is important to the system -- "to endorse and implement tough new principles on paying (ph) compensation and to support sustainable compensation schemes and the corporate social responsibility of all firms."Just when Obama is accused of socialism, he's essentially creating world economic governance.
This means that the FSB, this newly created board, Financial Stability Board, patterned on the Financial Stability Forum that now exists, headed by an Italian banker, populated largely by the European bank executives, will make the decisions on what standards our own SEC and Federal Reserve board should apply to all firms in the United States of any significant size about executive compensation, market activities, and a whole range of issues that used to be under free enterprise reserved for private decision making.This is an unbelievably radical document! This trivializes everything Obama's done until now!Morris points out that this was done under the radar and will create an economic union that will put American businesses under the control of European bankers.
They will be making the rules for our nation, not Congress or independent businesses. President Obama has just turned our monetary system over to a group of unaccountable European socialists!This decision effectively repeals the Declaration of Independence and abrogates national sovereignty. The creation of a Financial Stability Board will have power to examine all banks, brokerage firms, and corporations. President Obama has not just nationalized many of our businesses, he has just internationalized them under a European-run Board where America only has one vote. The communiqué setting up this Financial Stability Board has no appeal procedure. Any decision by the Financial Stability Board is final. Sounds like an economic dictatorship to me. As WorldNetDaily reporter Jerome Corsi has written: “Under the premise that the IMF and the Financial Stability Board would have the ability to make loans to important U.S. corporations, the IMF and the Financial Stability Board become the effective global regulators over the corporate world, superseding all U.S. governmental authorities, including the Federal Reserve, the U.S. Treasury, the Federal Deposit Insurance Corporation and a host of corporate regulators, including the U.S. Department of Commerce and the U.S. Department of Labor”Investigative reporter Cliff Kincaid has published a report on Obama’s efforts to give away our free enterprise system – and reports that this is a long-time goal of atheist billionaire George Soros – the man who helped get socialist Obama elected.
The G-20 agreement will permit the nations of the world to bilk American taxpayers out of trillions of dollars over the next decades. This new economic union will give the International Monetary Fund power to conduct surveillance of the U.S. economy. President Obama also endorsed the use of a global currency called Special Drawing Rights, a new global warming treaty, and the U.N. Millennium Development Goals (MDGs), which will result in more than $1 trillion in new taxes for Americans. The President has laid the groundwork for the death of U.S. national sovereignty and the U.S. dollar as the world’s dominant currency. British Prime Minister Gordon Brown has hailed this U.N. plan as evidence that the nations of the world are creating a New World Order (NWO) – code for world government where nations surrender their sovereignty to international organizations such as the United Nations.
Congress can still act to block many of these Obama-endorsed programs, but will it? Where Is Congress?President Obama has agreed to place our economic system under the control of bankers in Brussels, but does he have the executive power to do so? Can a sitting president turn over our capitalist system to European socialists? Will Congress resist this Obama effort to give European socialists control over our economic system? Or, will a compliant Congress roll over and let Brussels bankers control our economic future? TAKE ACTION: Contact your U.S. Representative and two U.S. Senators and ask them to explain what they will do to resist Obama’s effort to turn our economic system over to socialists in Brussels.

Obama's Scrapbook

To see a better version of this ( the blog keeps screwing up) go to





http://directorblue.blogspot.com/2008/10/secret-scrapbook-of-barry-soetoro.html

Charles Gibson (He wants to have my baby!)

I'm thinking about it!

Kwame Kwame Kwame!

WE LOVE SARAH PALIN!!!!!!

This is me doing Karaoke...LOL!

This is Al. He's my homeboy too!

My COUSIN...Raila Odinga. He's runnin' Kenya.

Rev. James Meeks...my pal!

Eat'in with Ed Said!

Rev. Wright...what's up? What's this weeks

sermon on? HUH?

Tony Rezko...lend me some money. You got lots!

Hey everybody...want to join our party?

We're the Democratic Socialists of America's

New Party! HOT DOG! Come on....everyone

join. It will be fun!

William...why are you wiping your feet on that U.S.Flag?

My TRAINING DAYS at A.C.O.R.N! They

need better snack machines.

My religion is what now? Well damn how

did that happen?

Frank Marshall Davis...Hum? I'm sorry

join the what party?

Now...family doesn't matter?

Barack Huessin Obama's half Brother George living in poverty in Nairobi.....Barack's 1.6 Million dollar Mansion looks much better than that...don't cha' think?

http://virtualglobetrotting.com/map/42182/

Look folks...I'm getting really confused here. First Obama says that family matters. Then they say...well what are they saying? It's hard to tell. BIG Bob Beckels Obama's biggest defender (Democrat) said on the news that (get this) the house that George (Obama's half Brother) lives in is actually a good house by African standards. I've seen it...and BIG Bob is full of Crap! That house isn't fit for a human being.

Now others are saying George isn't Barack's responsibility. While other's are saying that Obama can't look after EVERYONE. EXCUSE ME?!!! WE...people...We AMERICANS ARE PART OF EVERYONE> He wants to "take care of us"...doesn't he? Am I getting that wrong? As President...isn't he kind'a like...well...the Daddy of the country? The Dad who looks after all the lil' chil'ren?

LOOK...I know this...I would do all I can to get my half Brother...Sister...whatever out of that kind of situation. (AND I AM NOT A MILLIONIARE...Hell...I'm not a Thousandiare. OK...truth be known I'm not even a Hundrediare...bank account wise!) I'm sorry but Obama could do plenty. Bob Beckels says this is just a certain party trying to draw peoples attention to the fact that Obama is African and it's not fair. I know ALOT that is not fair! Come on. Politics SUCKS BIG TIME!!!

Let's see...what did Charles de Gaulle say about politics..."In order to become the master...the politician poses as the servant."

Here is what Bill Stern has to says about that very thing..."Our elections are free...it's in the results where eventually we pay."

I'm sorry...Obama is wrong for letting his half Brother live in those conditions. Hey...here's a great plot for a movie (which will NEVER be made) ...a guy is running for President. He finds out he has a half Brother living in POVERTY and he ends up quitting the race to go help his Brother. Ha...LOL...you see what I mean? this one will NEVER BE MADE! We...the public can take only so much FICTION..right? You good people must make up you own minds on this one. Hell...I already know what Barack Huessin Obama is. Here is a photo of Obama's Half Brother and his house ("that is a good house by African standards"...Bob Beckels)

Communist Party LOVES Obama!

http://www.onenewsnow.com/Election2008/Default.aspx?id=210820

Gee is this news? Nah.