CLINTON'S MENTOR ABOUT WORLD GOVERNMENT AGENDA
"... the powers of financial capitalism had another far-reaching
nothing less than to create a world system of financial control
private hands able to dominate the political system of each
the economy of the world as a whole. This system was to be
controlled in a feudalist fashion by the central banks of the
world acting in concert,
by secret agreements arrived at in frequent private meetings and
--Dr. Carroll Quigley, author of " Tragedy and Hope "(1966), and
professor and mentor to William J. Clinton at Georgetown
ROCKEFELLER PLEADING FOR
"...But, the world is now more sophisticated and prepared to
march towards a world government. The supranational sovereignty
of an intellectual elite and world bankers is surely preferable
to the national auto determination practiced in past centuries."
--(David Rockefeller, founder of the Trilateral Commission, in
an address before that organization in June of 1991).
This confirms the point about world government being the likely
objective of multinationals and world finance leaders ("the
WORLD BANK, IMF, AND WTO
- REVEALING INSIDER STORY
A friend sent me a link to
the very revealing insider story below [I have compressed it
into a number of excerpts as it is quite long].
It is about the former chief of the world bank, Nobel Prize
Laureate Joe Stiglitz. He was fired in 1999 because he voiced
dissent with the World Bank globalization style. Stiglitz was
also a member of Bill Clinton's cabinet as Chairman of the
President's council of economic advisors.
The Globalizer Who Came In From the Cold
Wednesday, October 10, 2001
[Excerpts - numbering by me]:
1. "Step One [of the World Bank assistance strategy] is
Privatization - which Stiglitz said could more accurately be
called, 'Briberization.' Rather than object to the sell-offs of
state industries, he said national leaders - using the World
Bank's demands to silence local critics - happily flogged their
electricity and water companies. "You could see their eyes
widen" at the prospect of 10% commissions paid to Swiss bank
accounts for simply shaving a few billion off the sale price of
2. "After briberization, Step Two of the IMF/World Bank
one-size-fits-all rescue-your-economy plan is 'Capital Market
Liberalization.' In theory, capital market deregulation allows
investment capital to flow in and out. Unfortunately, as in
Indonesia and Brazil, the money simply flowed out and out.
Stiglitz calls this the "Hot Money" cycle. Cash comes in for
speculation in real estate and currency, then flees at the first
whiff of trouble. A nation's reserves can drain in days, hours.
And when that happens, to seduce speculators into returning a
nation's own capital funds, the IMF demands these nations raise
interest rates to 30%, 50% and 80%. "The result was
predictable," said Stiglitz of the Hot Money tidal waves in Asia
and Latin America. Higher interest rates demolished property
values, savaged industrial production and drained national
3. "At this point, the IMF drags the gasping nation to Step
Three: Market-Based Pricing, a fancy term for raising prices on
food, water and cooking gas. This leads, predictably, to
Step-Three-and-a-Half: what Stiglitz calls, 'The IMF riot.' The
IMF riot is painfully predictable. When a nation is, "down and
out, [the IMF] takes advantage and squeezes the last pound of
blood out of them." ..."The IMF riots (and by riots I mean
peaceful demonstrations dispersed by bullets, tanks and teargas)
cause new panicked flights of capital and government
bankruptcies. This economic arson has it's bright side - for
foreign corporations, who can then pick off remaining assets,
such as the odd mining concession or port, at fire sale prices.
4. "Now we arrive at Step Four of what the IMF and World Bank
call their "poverty reduction strategy": Free Trade. This is
free trade by the rules of the World Trade Organization and
World Bank, Stiglitz the insider likens free trade WTO-style to
the Opium Wars. "That too was about opening markets," he
said...In the Opium Wars, the West used military blockades to
force open markets for their unbalanced trade. Today, the World
Bank can order a financial blockade just as effective - and
sometimes just as deadly...By the way, don't be confused by the
mix in this discussion of the IMF, World Bank and WTO. They are
interchangeable masks of a single governance system."
5. "Stiglitz greatest concern is that World Bank plans, devised
in secrecy and driven by an absolutist ideology, are never open
for discourse or dissent. Despite the West's push for elections
throughout the developing world, the so-called Poverty Reduction
Programs "undermine democracy. And they don't work. Black
Africa's productivity under the guiding hand of IMF structural
"assistance" has gone to hell in a handbag. Did any nation avoid
this fate? Yes, said Stiglitz, identifying Botswana. Their
trick? "They told the IMF to go packing.""
6. "Ultimately, what drove him to put his job on the line was
the failure of the banks and US Treasury to change course when
confronted with the crises - failures and suffering perpetrated
by their four-step monetarist mambo. Every time their free
market solutions failed, the IMF simply demanded more free
market policies. "It's a little like the Middle Ages," the
insider told me, "When the patient died they would say, 'well,
he stopped the bloodletting too soon, he still had a little
blood in him.'"
Many critics of this system have been called conspirationalists,
alarmists or anticapitalistic extremists by the World Bank, IMF,
WTO who, to confuse the public, are using PR firms who are
skilfull attitude manipulators.
But Stiglitz actually invented the system that he found rotten
as practiced by the World Bank-IMF. And he was in the very heart
of power as World Bank Chief and cabinet member of the US
president. Therefore the revealing information by this Nobel
Prize winner is a most powerful and competent condemnation of
the system that right now reaping its "triumphs" in Argentina,
where you will most certainly soon find the jackals come in
engulfing what is edible - "This economic arson has it's bright
side - for foreign corporations, who can then pick off remaining
assets...at fire sale prices. "
This article further confirms my point about "...a systematic
weakening of third world countries by forcing them into serious
debt traps through the actions of IMF and the World Bank."
Dr. Bevan Morris
21 January 2002
...It mentions also
"capitalism". And in this connection capitalism means the
form of capitalism that we have been seeing displaying very
negative aspects in its behaviour, like the capitalism of
Enron and the capitalism of Monsanto, the capitalism of the
pharmaceutal companies and the armament companies, whose
object is to create wealth for themselves by devouring what
is good in the world and violating all basic principles,
virtually, of human decency in their behaviour to even the
poorest nations of the world.
This is a very great danger to the present age. This
dominance of one nation and the support of its corporations
in this devouring, rampaging role in the world. It needs to
be restored to balance the world economy to make sure that
all peoples of the world have affluence and have all that is
good and healthy and progressive in life...
The World Economy
Dr. Bevan Morris, Feb. 02
Notes from transcription
This kind of capitalism is not the ultimate
form of economics, as America seems to think. Some people have
been defending Enron by saying, "Business is risky and sometimes
things go wrong". But it is not like that.
These are quite conscious, nefarious policies, that have
been adopted by these companies to build up a chimerical reality
of their company as a wealthy company. And to do anything
through political influence to create this image of their
company in different countries of the world, that would force
those local governments there, to do what was ever required by
that company through the pressure of the US government.
This [the Enron scandal] is a good revelation, I think. It
exposes now the situation that there is in the world. It really
is awakening the world population to the reality of American
capitalism, as it now is.
It is most certainly not, as America thinks, the end of history,
the ultimate form of economic achievement. It is not a form of
economy that is in favor of a balanced world economy with wealth
It is not in favor of stability for the world economy, avoiding
these collapses and disasters. It is not in favor of the good of
the world in terms of the health of people and the happiness and
peace of the people in the world.
This form of economics is not the ultimate form of economics.
The ultimate form of economics is going to emerge as world
consciousness purifies itself. These kinds of practices of these
companies will be exposed more and more and will not succeed in
the world. And a better and more balanced form of economics that
benefits all our six billion family and friends of our world
population -- that form of economics is going to emerge.