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They're not even trying to hide their intent (global domination) anymore: http://www.economist.com/node/17928993
A few highlights:
Engineered crises, more proof of the aristocratic false left-right paradigm.
Article discovered courtesy of A. Jones.
A few highlights:
Because the meetings are off the record, they are catnip to conspiracy theorists. But the attraction for participants is obvious. They can speak candidly, says Mr Davignon, without worrying how their words might play in tomorrow’s headlines. So they find out what other influential people really think. Big ideas are debated frankly. Mr Davignon credits the meetings for helping to lay the groundwork for creating the euro. He recalls strong disagreement over Iraq: some participants favoured the invasion in 2003, some opposed it and some wanted it done differently. Last year the debate was about Europe’s fiscal problems, and whether the euro would survive.
Jim Chanos, a hedge-fund manager who made his first fortune betting that Enron was overvalued, warned the G8 finance ministers in April 2007 that banks and insurance firms were heading for trouble. He made another fortune when bank shares crashed, but is still furious that his warnings were politely ignored. He thinks it an outrage that several senior regulators from that period are still in positions of power. And he accuses some bankers of “a wholesale looting of the system” by paying themselves bonuses based on what they must have known were phantom profits. He thinks they should be prosecuted.
Globocrats failed to avert the crisis, but they rallied once it struck. Rich-country governments acted in concert to prop up banks with taxpayers’ money. In America the response was led by a well-connected trio: Hank Paulson, George Bush junior’s treasury secretary and a former boss of Goldman Sachs; Tim Geithner, Barack Obama’s treasury secretary and a former boss of the New York Federal Reserve, as well as a veteran of the IMF, the Council on Foreign Relations and Kissinger Associates; and Ben Bernanke, of Harvard, MIT, Stanford, Princeton and the Bush White House, who is now chairman of the Federal Reserve. The bail-outs were unpopular everywhere, but may have prevented the world’s banking system from imploding.
Globocrats failed to avert the crisis, but they rallied once it struck. Rich-country governments acted in concert to prop up banks with taxpayers’ money. In America the response was led by a well-connected trio: Hank Paulson, George Bush junior’s treasury secretary and a former boss of Goldman Sachs; Tim Geithner, Barack Obama’s treasury secretary and a former boss of the New York Federal Reserve, as well as a veteran of the IMF, the Council on Foreign Relations and Kissinger Associates; and Ben Bernanke, of Harvard, MIT, Stanford, Princeton and the Bush White House, who is now chairman of the Federal Reserve. The bail-outs were unpopular everywhere, but may have prevented the world’s banking system from imploding.
Article discovered courtesy of A. Jones.
