MINI EU BANKING MEETING

AMERICA (POLITICAL BABYLON)

EZEKIEL 39:21
21 And I will set my glory among the heathen, and all the heathen shall see my judgment that I have executed, and my hand that I have laid upon them.

ISAIAH 18:1-2
1 Woe to the land shadowing with wings, which is beyond the rivers of Ethiopia:
2 That sendeth ambassadors by the sea, even in vessels of bulrushes upon the waters, saying, Go, ye swift messengers, to a nation scattered and peeled, to a people terrible from their beginning hitherto; a nation meted out and trodden down, whose land the rivers have spoiled!

JEREMIAH 50:11,37,12
11 Because ye were glad, because ye rejoiced, O ye destroyers of mine heritage, because ye are grown fat as the heifer at grass, and bellow as bulls;(BACKSLIDERS)
37 A sword is upon their horses, and upon their chariots, and upon all the mingled people that are in the midst of her; and they shall become as women: a sword is upon her treasures; and they shall be robbed.(A NATION OF MINGLED PEOPLE)
12 Your mother shall be sore confounded; she that bare you shall be ashamed:(MOTHER ENGLAND) behold, the hindermost of the nations shall be a wilderness, a dry land, and a desert.

JEREMIAH 51:13,7,53
13 O thou that dwellest upon many waters, abundant in treasures, thine end is come, and the measure of thy covetousness.
7 Babylon hath been a golden cup in the LORD's hand, that made all the earth drunken: the nations have drunken of her wine; therefore the nations are mad.
53 Though Babylon should mount up to heaven, and though she should fortify the height of her strength, yet from me shall spoilers come unto her, saith the LORD.

REVELATION 18:3,5,7
3 For all nations have drunk of the wine of the wrath of her fornication, and the kings of the earth have committed fornication with her, and the merchants of the earth are waxed rich through the abundance of her delicacies.
5 For her sins have reached unto heaven, and God hath remembered her iniquities.
7 How much she hath glorified herself, and lived deliciously, so much torment and sorrow give her: for she saith in her heart, I sit a queen, and am no widow, and shall see no sorrow.

JEREMIAH 50:3,24
3 For out of the north there cometh up a nation against her, which shall make her land desolate, and none shall dwell therein: they shall remove, they shall depart, both man and beast.
24 I have laid a snare for thee, and thou art also taken, O Babylon, and thou wast not aware: thou art found, and also caught, because thou hast striven against the LORD. (RUSSIA A SNEAK ATTACK)

REVELATION 18:10
10 Standing afar off for the fear of her torment, saying, Alas, alas that great city Babylon, that mighty city! for in one hour is thy judgment come.

VIDEO TO THIS STORY
http://wnd.com/index.php?fa=PAGE.view&pageId=89612

VIDEONETDAILY Alan Keyes: Stop Obama or U.S. will cease to exist. Claims communist usurper plunges country into chaos February 21, 2009 10:00 pm Eastern By Drew Zahn 2009 WorldNetDaily

Alan Keyes

Alan Keyes, a 2008 presidential candidate who is also a plaintiff in one of the many lawsuits challenging Barack Obama's constitutional eligibility to occupy the Oval Office, charged at a pro-life rally that unless Obama's social and economic policies are stopped, the United States as we know it is over. Keyes' comments were part of an interview with a reporter from KHAS-TV at a fundraiser for the AAA Crisis Pregnancy Center in Hastings, Neb. Obama is a radical communist, and I think it is becoming clear. That is what I told people in Illinois and now everybody realizes it's true, said Keyes, who ran unsuccessfully against Obama for the state's open Senate seat in 2004. He is going to destroy this country, and we are either going to stop him or the United States of America is going to cease to exist.Keyes also reasserted his belief that unless the question of Obama's eligibility to serve as president is answered definitively, America may face the startling crisis of an executive branch run by a usurper.Is he president of the United States? Keyes asked the reporter of Obama. According to the Constitution, in order to be eligible for president you have to be a natural born citizen. He has refused to provide proof.

Where's the proof Barack Obama was born in the U.S. or that he fulfills the natural-born American clause in the Constitution? If you still want to see it, join more than 240,000 others and sign up now! I'm not sure he's even president of the United States,Keyes continued,neither are many of our military people now who are now going to court to ask the question,Do we have to obey a man who is not qualified under the constitution?' We are in the midst of the greatest crisis this nation has ever seen, and if we don't stop laughing about it and deal with it, we're going to find ourselves in the midst of chaos, confusion and civil war.Keyes, who stated he refuses even to refer to Obama as president, labeled the man in the Oval Office as somebody who is kind of an alleged usurper, who is alleged to be someone who is occupying that office without constitutional warrant to do so.Keyes' comments included harsh criticism of Obama's policies on immigration, abortion, and the mortgage crisis. He concluded the interview by railing against the president's push for hundreds of billions of dollars in government economic stimulus spending. We are claiming that a bankrupt government can save a bankrupt banking system, Keyes said. The fact that we have just elected an individual – who may or may not be qualified – and he presents silly ideas like this and says, Let's move forward now, and we're all acting like the laws of economics have been repealed and we can actually afford to foot the bill with money nobody's got, this is insane. It's got to lead to the collapse of our economy,Keys declared,and it's going to.

WND has reported on multiple legal challenges, including Keyes' case, that have alleged Obama does not meet the natural born citizen clause of the U.S. Constitution, Article 2, Section 1, which reads, No Person except a natural born Citizen, or a Citizen of the United States, at the time of the Adoption of this Constitution, shall be eligible to the Office of President.Some claim he was not born in Hawaii, as he insists, but in Kenya. Obama's American mother, the suits contend, was too young at the time of his birth to confer American citizenship to her son under the law at the time. Other challenges have focused on Obama's citizenship through his father, a Kenyan subject to the jurisdiction of the United Kingdom at the time of his birth, thus making him a dual citizen. The cases contend the framers of the Constitution excluded dual citizens from qualifying as natural born. The Keyes case is being handled largely by Gary Kreep of the United States Justice Foundation, but others playing a key role in the legal actions include Orly Taitz of California as well as Philip Berg, both of whom already have had their arguments rejected as not worthy of hearing by the U.S. Supreme Court. Here is a partial listing and status update for some of the cases over Obama's eligibility: New Jersey attorney Mario Apuzzo has filed a case on behalf of Charles Kerchner and others alleging Congress didn't properly ascertain that Obama is qualified to hold the office of president.Philip J. Berg, a Pennsylvania Democrat, demanded that the courts verify Obama's original birth certificate and other documents proving his American citizenship. Berg's latest appeal, requesting an injunction to stop the Electoral College from selecting the 44th president, was denied.Leo Donofrio of New Jersey filed a lawsuit claiming Obama's dual citizenship disqualified him from serving as president. His case was considered in conference by the U.S. Supreme Court but denied a full hearing.Cort Wrotnowski filed suit against Connecticut's secretary of state, making a similar argument to Donofrio. His case was considered in conference by the U.S. Supreme Court, but was denied a full hearing.Former presidential candidate Alan Keyes headlines a list of people filing a suit in California, in a case handled by the United States Justice Foundation, that asks the secretary of state to refuse to allow the state's 55 Electoral College votes to be cast in the 2008 presidential election until Obama verifies his eligibility to hold the office. The case is pending, and lawyers are seeking the public's support.

Chicago attorney Andy Martin sought legal action requiring Hawaii Gov. Linda Lingle to release Obama's vital statistics record. The case was dismissed by Hawaii Circuit Court Judge Bert Ayabe.Lt. Col. Donald Sullivan sought a temporary restraining order to stop the Electoral College vote in North Carolina until Barack Obama's eligibility could be confirmed, alleging doubt about Obama's citizenship. His case was denied.In Ohio, David M. Neal sued to force the secretary of state to request documents from the Federal Elections Commission, the Democratic National Committee, the Ohio Democratic Party and Obama to show the presidential candidate was born in Hawaii. The case was denied.In Washington state, Steven Marquis sued the secretary of state seeking a determination on Obama's citizenship. The case was denied.In Georgia, Rev. Tom Terry asked the state Supreme Court to authenticate Obama's birth certificate. His request for an injunction against Georgia's secretary of state was denied by Georgia Superior Court Judge Jerry W. Baxter.California attorney Orly Taitz has brought a case, Lightfoot vs. Bowen, on behalf of Gail Lightfoot, the vice presidential candidate on the ballot with Ron Paul, four electors and two registered voters.In addition, other cases cited on the RightSideofLife blog as raising questions about Obama's eligibility include: In Texas, Darrel Hunter vs. Obama later was dismissed.In Ohio, Gordon Stamper vs. U.S. later was dismissed.In Texas, Brockhausen vs. Andrade.In Washington, L. Charles vs. Obama.

In Hawaii, Keyes vs. Lingle, dismissed.
WND senior reporter Jerome Corsi had gone to both Kenya and Hawaii prior to the election to investigate issues surrounding Obama's birth. But his research and discoveries only raised more questions.The governor's office in Hawaii said there is a valid certificate but rejected requests for access and left ambiguous its origin: Does the certificate on file with the Department of Health indicate a Hawaii birth or was it generated after the Obama family registered a Kenyan birth in Hawaii, which the state's procedures allowed at the time?

Obama's goal? Directed chaos February 23, 2009 1:00 am Eastern WND

When we think of the word chaos, normally we associate it with spontaneous acts of malcontents rebelling without a cause. But most of the chaos in the world today is what I call directed chaos – usually government-directed and with one single-minded purpose: the consolidation of power. That's the way I interpret the so-called economic stimulus legislation approved by the Democrat-controlled Congress and signed by President Obama. There is no way it will stimulate the economy. It will have the opposite effect – lengthening and deepening the economic crisis in which America finds itself. Does anyone truly believe we're in this mess because the U.S. government didn't spend enough recently? Of course not. Congress and President Bush spent money like drunken sailors. They caused this calamity because of their irresponsibility and their disregard for the Constitution. Can the cure be possibly more of the same? I don't think so. But take a look at how the money will be spent, for evidence of the cure is actually worse than the disease. Of the $800 billion in the so-called stimulus bill, only $90 billion will actually go toward things like building highways, upgrading the electrical power grid or meaningful business tax cuts. Far more, however, will be used to revive welfare as we used to know it. Some $264 billion will be directed to encouraging states to sign up more people on welfare. But it gets worse. This welfare is worse than the old one that everyone – Democrats and Republicans alike – agreed to dismantle in the 1990s. It's called the Make Work Pay program, and it includes $23 billion per year to provide up to $500 cash to low-income adults who pay no taxes. The program will mark the first time the federal government will hand out significant cash to able-bodied adults without dependent children! Does that make sense to you? Probably not.

But it has been thought out. I want you to know that. This program, along with the whole of the so-called stimulus bill, has been considered carefully. No member of Congress may have read the bill. But that bill was written by someone. The programs it creates have been in the works for years. Money is being handed out to people who helped get Obama and the Democrats elected. Groups like ACORN, the shock troops and brown shirts of their movement, are being paid off with billions of dollars. It has all been planned. And the goal is not to help the economy. The goal is to achieve chaos, because chaos leads to more government control – and that's what Obama and the Democratic Congress want more than anything. They don't believe they should be bothered with elections or dissent or any of the nuisances of a free society. They believe they deserve perpetual power, because they are part of the enlightened elite. They know socialism hasn't worked anywhere it's been tried. But they also believe they can do better. They can make it work, because they are smarter than the guys who have bungled it in the past. In the meantime, prepare for chaos. Prepare for harder times than you have seen in your lifetime. Prepare for more debt. Prepare for more redistribution of wealth, more unfairness and inequity. Prepare for one bailout after another. Prepare for more emergency legislation like the so-called stimulus bill. Prepare for unilateral executive action through presidential decision directives. Prepare for attacks on the free press and free speech. This is where we are inevitably going with the change promises by Obama. You're going to get change all right.The government is going to show you how bad it can get, so you will accept its most draconian solutions.You haven't seen anything yet.

DOCTOR DOCTORIAN FROM ANGEL OF GOD
then the angel said, Financial crisis will come to Asia. I will shake the world.

JAMES 5:1-3
1 Go to now, ye rich men, weep and howl for your miseries that shall come upon you.
2 Your riches are corrupted, and your garments are motheaten.
3 Your gold and silver is cankered; and the rust of them shall be a witness against you, and shall eat your flesh as it were fire. Ye have heaped treasure together for the last days.

REVELATION 18:10,17,19
10 Standing afar off for the fear of her torment, saying, Alas, alas that great city Babylon, that mighty city! for in one hour is thy judgment come.
17 For in one hour so great riches is come to nought. And every shipmaster, and all the company in ships, and sailors, and as many as trade by sea, stood afar off,
19 And they cast dust on their heads, and cried, weeping and wailing, saying, Alas, alas that great city, wherein were made rich all that had ships in the sea by reason of her costliness! for in one hour is she made desolate.

EZEKIEL 7:19
19 They shall cast their silver in the streets, and their gold shall be removed: their silver and their gold shall not be able to deliver them in the day of the wrath of the LORD: they shall not satisfy their souls, neither fill their bowels: because it is the stumblingblock of their iniquity.

REVELATION 13:16-18
16 And he(FALSE POPE) causeth all, both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads:(CHIP IMPLANT)
17 And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name.
18 Here is wisdom. Let him that hath understanding count the number of the beast: for it is the number of a man; and his number is Six hundred threescore and six.(6-6-6) A NUMBER SYSTEM

WORLD MARKET RESULTS
http://money.cnn.com/data/world_markets/

HALF HOUR DOW RESULTS MON FEB 23,2009

09:30 AM +3.03
10:00 AM +16.17
10:30 AM -8.12
11:00 AM -61.88
11:30 AM -61.41
12:00 PM -90.00
12:30 PM -110.22
01:00 PM -165.11
01:30 PM -137.31
02:00 PM -163.04
02:30 PM -111.19
03:00 PM -207.32
03:30 PM -214.73
04:00 PM -250.89 7114.78

S&P 500 743.33 -26.72

NASDAQ 1387.72 -53.51

GOLD 994.70 -7.50

OIL 38.03 -2.00

TSE 300 7642.20 -307.79

CDNX 878.94 -13.96

S&P/TSX/60 457.79 -19.47

MORNING,NEWS,STATS

YEAR TO DATE PERFORMANCE
Dow -16.07%
S&P -14.75%
Nasdaq -8.61%
TSX Advances 389,declines 1,193,unchanged 234,Volume 2,746,067,748.
TSX Venture Exchange Advances 339,Declines 480,Unchanged 377,Volume 253,759,708.

Dow +63 points at 4 minutes of trading today.
Dow -39 points at low today.
Dow +76 points at high today so far.
Gold opens at $987.40 today,Oil opens at $40.50 today.

AFTERNOON,NEWS,STATS
Dow -165 points at low today so far.
Dow +76 points at high today so far.

DAY TODAY PERFORMANCE - 12:30PM STATS
NYSE Advances 903,declines 2,814,unchanged 91,New Highs 6,New Lows 309.
Volume 3,253,125,074.
NASDAQ Advances 783,declines 1,837,unchanged 130,New highs 2,New Lows 224.
Volume 822,121,042.
TSX Advances 487,declines 831,unchanged 282,Volume 1,251,175,649.
TSX Venture Exchange Advances 230,Declines 330,Unchanged 264,Volume 107,449,651.

Dow drops below 7200 points today.
Dow falls below closing lows set in 2002.
Dow on track for lowest close since MAY 1997.
S&P 500 tests NOV lows.
OIL drops below $40.00 on economic woes.

WRAPUP,NEWS,STATS
Dow -260 points at low today.
Dow +76 points at high today.
Dow -3.40% today Volume 405,707,821.
Nasdaq -3.71% today Volume 1,866,024,655.
S&P 500 -3.47% today Volume N/A
Dow,S&P 500 close at 11 year lows.
Dow,S&P 500,Nasdaq down about 3.5% today.
Dow closes at level not seen since MAY 7,1997.
S&P 500 down 10% over last 6 sessions.
S&P 500 ends at lowest level since APR 11,1997.
S&P 500 ALL sectors lower today.
Nasdaq still above closing lows set last NOVEMBER.
LATIMES:News COR President Chernin is leaving company.

BANKING CRISIS VIDEOS
http://www.euronews.net/en/article/17/11/2008/eu-and-the-crisis/
http://www.youtube.com/watch?v=WW1003o7ZzQ&eurl=http://video.google.com/videosearch?q=eu%20financial%20summit&um=1&ie=UTF-8&sa=N&hl=en&tab=wv&feature=player_embedded
http://video.google.com/videoplay?docid=1275907794399871469&hl=en
http://www.youtube.com/watch?v=t-Dh_vFxxX8
http://video.google.com/videosearch?q=eu%20financial%20summit&um=1&ie=UTF-8&sa=N&hl=en&tab=wv#

EU DICTATOR (WORLD LEADER)

REVELATION 17:12-13
12 And the ten horns (NATIONS) which thou sawest are ten kings, which have received no kingdom as yet; but receive power as kings one hour with the beast.
13 These have one mind, and shall give their power and strength unto the beast.

REVELATION 6:1-2
1 And I saw when the Lamb opened one of the seals, and I heard, as it were the noise of thunder, one of the four beasts saying, Come and see.
2 And I saw, and behold a white horse:(PEACE) and he that sat on him had a bow;(EU DICTATOR) and a crown was given unto him:(PRESIDENT OF THE EU) and he went forth conquering, and to conquer.(MILITARY GENIUS)

REVELATION 13:1-10
1 And I stood upon the sand of the sea, and saw a beast rise up out of the sea, having seven heads and ten horns, and upon his horns ten crowns, and upon his heads the name of blasphemy.(THE EU AND ITS DICTATOR IS GODLESS)
2 And the beast which I saw was like unto a leopard, and his feet were as the feet of a bear, and his mouth as the mouth of a lion: and the dragon gave him his power, and his seat, and great authority.(DICTATOR COMES FROM NEW AGE OR OCCULT)
3 And I saw one of his heads as it were wounded to death;(MURDERERD) and his deadly wound was healed:(COMES BACK TO LIFE) and all the world wondered after the beast.(THE WORLD THINKS ITS GOD IN THE FLESH, MESSIAH TO ISRAEL)
4 And they worshipped the dragon (SATAN) which gave power unto the beast:(JEWISH EU DICTATOR) and they worshipped the beast, saying, Who is like unto the beast? who is able to make war with him?(FALSE RESURRECTION,SATAN BRINGS HIM TO LIFE)
5 And there was given unto him a mouth speaking great things and blasphemies; and power was given unto him to continue forty and two months.(GIVEN WORLD CONTROL FOR 3 1/2YRS)
6 And he opened his mouth in blasphemy against God,(HES A GOD HATER) to blaspheme his name, and his tabernacle, and them that dwell in heaven.(HES A LIBERAL OR DEMOCRAT,WILL PUT ANYTHING ABOUT GOD DOWN)
7 And it was given unto him to make war with the saints,(BEHEAD THEM) and to overcome them: and power was given him over all kindreds, and tongues, and nations.(WORLD DOMINATION)
8 And all that dwell upon the earth shall worship him, whose names are not written in the book of life of the Lamb slain from the foundation of the world.(WORLD DICTATOR)
9 If any man have an ear, let him hear.
10 He that leadeth into captivity shall go into captivity: he that killeth with the sword must be killed with the sword. Here is the patience and the faith of the saints.(SAVED CHRISTIANS AND JEWS DIE FOR THEIR FAITH AT THIS TIME,NOW WE ARE SAVED BY GRACE BUT DURING THE 7 YEARS OF HELL ON EARTH, PEOPLE WILL BE PUT TO DEATH (BEHEADINGS) FOR THEIR BELIEF IN GOD (JESUS) OR THE BIBLE.

THE WEEK OF DANIEL 9:27 WE KNOW ITS 7 YRS

Heres the scripture 1 week = 7 yrs Genesis 29:27-29
27 Fulfil her week, and we will give thee this also for the service which thou shalt serve with me yet seven other years.
28 And Jacob did so, and fulfilled her week: and he gave him Rachel his daughter to wife also.
29 And Laban gave to Rachel his daughter Bilhah his handmaid to be her maid.

DANIEL 9:26-27
26 And after threescore and two weeks shall Messiah be cut off, but not for himself: and the people of the prince that shall come (ROMANS IN AD 70) shall destroy the city and the sanctuary;(ROMANS DESTROYED THE 2ND TEMPLE) and the end thereof shall be with a flood, and unto the end of the war desolations are determined.
27 And he( EU ROMAN, JEWISH DICTATOR) shall confirm the covenant with many for one week:( 7 YEARS) and in the midst of the week he shall cause the sacrifice and the oblation to cease,( 3 1/2 YRS) and for the overspreading of abominations he shall make it desolate, even until the consummation, and that determined shall be poured upon the desolate.

WORLD GOVERNMENT

DANIEL 7:23-25
23 Thus he said, The fourth beast shall be the fourth kingdom upon earth, which shall be diverse from all kingdoms, and shall devour the whole earth, and shall tread it down, and break it in pieces.
24 And the ten horns out of this kingdom are ten kings that shall arise: and another shall rise after them; and he shall be diverse from the first, and he shall subdue three kings.
25 And he shall speak great words against the most High, and shall wear out the saints of the most High, and think to change times and laws: and they shall be given into his hand until a time and times and the dividing of time.

DANIEL 12:4,1
4 But thou, O Daniel, shut up the words, and seal the book, even to the time of the end: many shall run to and fro, and knowledge shall be increased.
1 And at that time shall Michael stand up, the great prince which standeth for the children of thy people: and there shall be a time of trouble, such as never was since there was a nation even to that same time: and at that time thy people shall be delivered, every one that shall be found written in the book.

REVELATION 13:1-3,7,8,12,16-18
1 And I stood upon the sand of the sea, and saw a beast rise up out of the sea, having seven heads and ten horns, and upon his horns ten crowns, and upon his heads the name of blasphemy.
2 And the beast which I saw was like unto a leopard, and his feet were as the feet of a bear, and his mouth as the mouth of a lion: and the dragon gave him his power, and his seat, and great authority.
3 And I saw one of his heads as it were wounded to death; and his deadly wound was healed: and all the world wondered after the beast.
7 And it was given unto him to make war with the saints, and to overcome them: and power was given him over all kindreds, and tongues, and nations.
8 And all that dwell upon the earth shall worship him, whose names are not written in the book of life of the Lamb slain from the foundation of the world.
12 And he exerciseth all the power of the first beast before him, and causeth the earth and them which dwell therein to worship the first beast, whose deadly wound was healed.
16 And he causeth all, both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads:
17 And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name.
18 Here is wisdom. Let him that hath understanding count the number of the beast: for it is the number of a man; and his number is Six hundred threescore and six.

REVELATION 17:3,7,9-10,12,18
3 So he carried me away in the spirit into the wilderness: and I saw a woman sit upon a scarlet coloured beast, full of names of blasphemy, having seven heads and ten horns.
7 And the angel said unto me, Wherefore didst thou marvel? I will tell thee the mystery of the woman, and of the beast that carrieth her, which hath the seven heads and ten horns.
9 And here is the mind which hath wisdom. The seven heads are seven mountains, on which the woman sitteth.
10 And there are seven kings: five are fallen, and one is, and the other is not yet come; and when he cometh, he must continue a short space.
12 And the ten horns which thou sawest are ten kings, which have received no kingdom as yet; but receive power as kings one hour with the beast.
18 And the woman which thou sawest is that great city, which reigneth over the kings of the earth.

EU leaders back sweeping financial regulations ahead of G20 summit
Sun Feb 22, 12:32 PM By Patrick Mcgroarty, The Associated Press

BERLIN - European leaders backed sweeping new regulations for financial markets and hedge funds at a summit Sunday in Berlin as politicians and countries scrambled to tame the global economic crisis. German Chancellor Angela Merkel hosted heads of state and finance ministers from Europe's largest economies to try to establish a common European position on economic reforms before an April 2 summit in London of the Group of 20 countries. All financial markets, products and participants including hedge funds and other private pools of capital which may pose a systematic risk must be subjected to appropriate oversight or regulation, Merkel said in a statement released on behalf of the summit members, following the talks. Top officials from Britain, France, Germany, Italy, Luxembourg, Spain, the Netherlands and Czech Republic agreed on seven key points during their one-day meeting in Berlin, the statement said. A clear message and concrete action are necessary to engender new confidence in the markets and to put the world back on a path toward more growth and employment, Merkel said. But the call for blanket global regulation was sure to be resisted by the financial industry and may not be welcomed completely by other members of the G20, which in addition to European countries includes Canada, Japan and the United States as well as developing countries like China, India and Brazil.European leaders backed Merkel's call for a charter of sustainable economic activity to reduce economic imbalances and stabilize financial markets.

The charter would subject all financial market activities around the globe to regulation, including credit rating agencies. Merkel said the charter would be based on market forces but prevent excess and ultimately lead to the establishment of a global governance (WORLD GOVERNMENT) structure.The leaders also agreed to strengthen the International Monetary Fund and to support doubling its funds. British Prime Minister Gordon Brown said the IMF needs some $500 billion and called for a global new deal to be adopted to help right the world economy. The IMF's resources must be doubled to enable it to help its members swiftly and flexibly when they experience difficulties with respect to their balance of payments,Merkel said. Other key points included adopting sanctions to safeguard against tax havens and urging banks to keep larger reserves of capital. Officials said a final copy of the summit agreement would not be circulated Sunday, in order to allow European Union members not present to view it first.The ideas were based on an agenda adopted by the G20 in November and will be taken up by the European Council on March 19-20, then presented to the G20 meeting in London.U.S. President Barack Obama and other top world leaders are scheduled to attend the summit.

AMEICAN FORM OF GOVERNMENT VIDEO
http://www.youtube.com/watch?v=GGk6LG0GA4A&eurl=http://britanniaradio.blogspot.com/2009/02/american-form-of-government.html&feature=player_embedded

THE POWER ELITE AND THE SECRET NAZI PLAN PART 1 By Dennis L. Cuddy, Ph.D.
February 23, 2009 NewsWithViews.com

[NOTE: As I’ve written many times before, the goal of the Power Elite (PE) is a World Socialist Government. Critical to coercing Americans to accept Socialism is the nationalization of key sectors of the economy, such as banking. I’ve indicated in the past that this type of coercion would be brought about by an economic crisis, such as the one we are currently experiencing. Relevant to this, Jon Meacham and Evan Thomas wrote We Are All Socialists Now (Newsweek, Feb. 16, 2009), and Matthew Richardson and Nouriel Roubini wrote Nationalize the Banks! We’re all Swedes Now! (The Washington Post, Feb. 15, 2009) which begins: The U.S. banking system is close to being insolvent, and unless we want to become like Japan in the 1990s—or the United States in the 1930s—the only way to save it is to nationalize it. Even Republican Sen. Lindsey Graham on ABC’s This Week (Feb. 15, 2009) indicated we should consider the possibility of nationalizing banks.

[And in case you think this crisis happened accidentally, just consider the fact that the Securities and Exchange Commission (SEC) waived the 12 to 1 leverage ratios for the five biggest investment banks. Those banks then leveraged 40 to 1 and collapsed the worldwide financial system (January 5, 2009 Financial Sense editorial by James Quinn of the Wharton Business School). Do you really believe no one could see what the disastrous results of going from 12 to 1 leveraging to 40 to 1 would be? When these banks started taking losses, Quinn has also pointed out, their capital was immediately wiped out and the problem was dumped in the taxpayers’ laps.]

In previous columns, I’ve mentioned the secret Nazi plan described in American official Sumner Welles’ The Time for Decision (1944). It was a plan (for a Nazi loss in WWII) which would come to fruition two generations later. It included Nazi agents going underground into two successive countries to avoid detection (Paul Dickopf went underground into Switzerland in 1942). These agents would eventually rise to positions of power in those second nations.Welles must have learned of this secret plan when he was on friendly terms with the Nazi leadership long before the U.S. entered WWII. A Google search of sumner welles portraits shows a photograph of Welles and Hermann Goering on March 19, 1940. But why almost two years before the U.S. entered WWII would the Nazis plan for a loss? And why after WWII was there never an investigation of this secret plan? Robert Ludlum in his fictional The Apocalypse Watch referred to The Brotherhood of the Watch a global neo-Nazi secret organization formed in the days after the Third Reich’s defeat and exposed about 50 years later.As I’ve written before, Hitler’s rise and demise were facilitated by the PE. In the same year (1942) the Nazi agent Paul Dickoff went underground into Switzerland and the U.S. was already in the war, Standard Oil of New Jersey managers shipped the enemy’s fuel through neutral Switzerland and the enemy was shipping Allied fuel. The Chase Bank in Nazi-occupied Paris after Pearl Harbor was doing millions of dollars worth of business with the enemy with the full knowledge of the heard office in Manhattan. Ford trucks were being built for the German occupation troops in France with authorization from Dearborn, Michigan. Col. Sosthenes Behn, head of ITT, flew from New York to Madrid to Berne during the war to help improve Hitler’s communications systems and improve the robot bombs that devastated London. And ITT built the Focke-Wulfs that dropped bombs on British and American troops. (Charles Higham’s Trading With the Enemy, p. xv).As I’ve also written before, I.G. Farben’s war industries (e.g. chemicals, rubber, etc.) staffed and directed Hitler’s intelligence section and ran the Nazi slave labor camps. So why at the end of WWII were 87% of Farben’s industries still intact?

At the end of the war, U.S. Justice Department attorney James Stewart Martin (author of All Honorable Men, 1950) went to Germany to sort out the relationship of American and German businesses during the war, but he was thwarted in his efforts, saying: We had not been stopped in Germany by German businesses. We had been stopped in Germany by American business. The forces that stopped us had operated from the United States but had not operated in the open. We were not stopped by a law of Congress, by an Executive Order of the President, or even by a change of policy approved by the president…. In short, whatever it was that stopped us was not the government. But it clearly had command of channels through which the government normally operates. The relative powerlessness of government… is of course not new…. National governments have stood on the sidelines while bigger operators arranged the world’s affairs. Relevant to this, it’s important to remember that the PE is NOT the government of any country, but the PE’s agents are IN the governments of countries.In order to explain what the PE was doing, it is important to look at how they operate, and John J. McCloy as an agent of the PE is a useful example of this regard. In the 1930s, PE agent McCloy’s law firm of Cravath, de Gersdorff, Swaine & Wood were attorneys for I.G. Farben. This is perhaps one reason McCloy sat in Hitler’s box at the 1936 Olympics in Berlin (because the PE is neither right nor left politically, McCloy in late July 1961 went swimming with Soviet leader Nikita Khrushchev in the Black Sea).

On October 29 of the same year (1936), American Ambassador to Germany William E. Dodd wrote to President Wilson’s chief advisor Col. Edward M. House expressing his surprise and wonder that in spite of all the debts and all the huge losses since the great war, more than a hundred of our greater corporations have subsidiaries here and are of course involved in a great deal of the acute business which goes on. At the same time no corporation can take profits out of the country, although some I am told earn as much as half a million dollars a year…. Yet a great many of these corporations are supplying the means for rearmament, actually supplying arms. It’s strange to me that they are willing to risk the property of their stockholders in such a way.Four years later, Skull & Bones member Henry Stimson went to Washington to become President Franklin Roosevelt’s Secretary of War, and he brought McCloy with him as Assistant Secretary of War. To demonstrate the importance of McCloy, Stimson would later question whether anyone in the Administration ever acted without having a word with McCloy.McCloy’s lawfirm had as one of its clients the Rockefeller family, and during WWII McCloy was a senior member of John D. Rockefeller III’s intelligence group, the State-War-Navy Coordinating Committee (SWNCC). With this background, McCloy established the highly secret U.S. Army’s Psychological Warfare Division at the time of D-Day in 1944. It was also during this time from 1940 to 1946that American Thomas Harrington McKittrick (an associate of J.P. Morgan Banking) was president of the Nazi-controlled Bank for International Settlements (BIS) where $378 million of the Nazis’ looted gold had been sent.Dennis Cuddy.Dennis Laurence Cuddy, historian and political analyst, received a Ph.D. from the University of North Carolina at Chapel Hill (major in American History, minor in political science). Dr. Cuddy has taught at the university level, has been a political and economic risk analyst for an international consulting firm, and has been a Senior Associate with the U.S. Department of Education.

EU leaders back sweeping financial regulations FEB 22,09,Germany recommends all financial bodies be subjected to appropriate oversight,DAILY TIMES

BERLIN: European leaders backed sweeping new regulations for financial markets and hedge funds at a summit on Sunday as politicians and nations scrambled to tame the global economic crisis.German Chancellor Angela Merkel hosted heads of state and finance ministers from Europe’s largest economies to try to establish a common European position on economic reforms before an April 2 summit of the group of 20 nations. All financial markets, products and participants, including hedge funds and other private pools of capital, which may pose a systematic risk, must be subjected to appropriate oversight or regulation, Merkel said in a statement released on behalf of the summit members. Top officials from Britain, France, Germany, Italy, Luxembourg, Spain, the Netherlands and Czech Republic agreed on seven key points during their one-day meeting in Berlin, the statement said.But the call for blanket global regulation is sure to be resisted by the financial industry and may not be welcomed completely by other members of the G-20, which in addition to European nations includes the United States, China, Japan, and developing nations like India and Brazil. European leaders backed Merkel’s call for a charter of sustainable economic activity to reduce economic imbalances and stabilise financial markets.

Strengthen IMF: The charter would subject all financial market activities around the globe to regulation, including credit rating agencies. The leaders also agreed to strengthen the International Monetary Fund (IMF) and to support doubling its funds. British Prime Minister Gordon Brown said the IMF needed some $500 billion and called for a global new deal to be adopted to help right the world economy.Other key points included adopting sanctions to safeguard against tax havens and urging banks to keep larger reserves of capital. Officials said a final copy of the summit agreement would not be circulated on Sunday, in order to allow EU members not present to view it first.ap

Mini EU summit calls for strict financial regulation FEB 22,09

The President of the European Central Bank warned that there is no obvious way to restore trust in financial markets. Jean-Claude Trichet was speaking after talks in Berlin where European heads of state attended a German-hosted mini-summit assessing the economic crisis ahead of a major G20 summit in London in April. Mr. Trichet said the absence of any clear forecast of future developments was complicating efforts to restore trust in free market mechanisms. The summit agreed that all financial market sectors should be regulated and strictly monitored, with early warning systems in place to signal any future impending market collapses. Feb. 22, 15:03

EU nations call for better financial regulation
ANDREW WILLIS Today @ 09:18 CET

Leaders from the EU's largest economies have called for stricter regulation of the financial sector to prevent a repetition of the current crisis after meeting in Berlin on Sunday (22 February).All financial markets, products and participants - including hedge funds and other private pools of capital which may pose a systemic risk - must be subjected to appropriate oversight or regulation, a summit statement said.Sunday's meeting was called by German chancellor Angela Merkel earlier this month to help the EU hammer out a unified position ahead of the G20 meeting on 2 April, which will be attended by Barak Obama on his first visit to Europe as president of the United States. Leaders from France, Germany, the UK, Italy, the Netherlands and Spain all took part in the meeting, as well as Czech prime minister Mirek Topolanek, as Prague currently holds the EU presidency.The conclusions from the meeting will feed into two EU summits of its 27 leaders in March and the G20 gathering of developed and developing nations in London.The leaders agreed on the need to improve market transparency, setup regulation on hedge funds, crack down on tax havens and to compel banks to save more capital. We can't afford failure in London, French President Nicholas Sarkozy told reporters in Berlin after the talks. We have to succeed and we can't accept that anyone or anything will get in the way of this [G20] summit.The leaders also called for the International Monetary Fund's resources to be doubled to $500 billion. We decided that the international institutions have got to play a bigger role in working with individual countries, UK prime minister Gordon Brown said.

We decided that the international institutions should have at least $500bn, to enable them not just to deal with crises but to enable them to be able to prevent crises,The appearance of a unified position on greater regulation for financial institutions such as hedge funds can be seen as a victory for Berlin and Paris who were concerned that London was backing away from the idea. It's not a case of talking up the situation but we want to send the message that we have a real opportunity to come out strengthened from this crisis, Ms Merkel said regarding the need for a new financial framework. But Mr Topolanek painted a different picture to that of the unified front displayed by the EU leaders at a press conference after the meeting.If I put it very tenderly, the divergence in opinions was rather big, Topolanek told AFP on a plane home. It was obvious that the four countries representing the EU in the G20 (France, Germany, Britain, Italy) do not have the same opinion on a number of issues,he added.Our responsibility [as holders of the presidency] is to look for some unity. This won't be easy at all.Mr Topolanek will represent the European Union at the G20 on 2 April in London where preparations are already under way for the meeting. Superintendent David Hartshorn, who heads the London Metropolitan police's public order branch, told the Guardian newspaper that he had major concerns over the upcoming meeting. We've got G20 coming and I think that is being advertised on some of the sites as the highlight of what they see as a summer of rage, he said, referring to websites encouraging activists to come and demonstrate.

Major stock market indexes fall to 1997 levels By SARA LEPRO, AP Business Writer FEB 23,09

NEW YORK – Investors' sagging confidence has pulled the major stock market indexes to their lowest levels in over a decade.The Standard & Poor's 500 index fell to April 1997 levels Monday, while the Dow Jones industrial average, down about 150 points, reached its levels of October 1997 as investors succumbed to their growing worries about a recession that has no end in sight.People left and right are throwing in the towel, said Keith Springer, president of Capital Financial Advisory Services.Most financial stocks were pounded even as government agencies led by the Treasury Department said they will launch a revamped bank rescue program that includes the option of increasing government ownership in financial institutions without having to pour more taxpayer money into them.Although the government has said it doesn't want to nationalize banks, many investors are clearly still concerned that this could be a possibility as banks continue to suffer severe losses because of the recession. They're also worried that banks' losses will keep escalating as the recession sends more borrowers into default.The biggest thing I see here is the incredible pessimism, Springer said. The government is doing a lousy job of alleviating fears.The Treasury and other agencies issued a statement after The Wall Street Journal reported that Citigroup is in talks for the government to boost its stake in the bank to as much as 40 percent. Analysts said the market, which initially rose on the statement, wanted more details of the government's plans.

It's only a very partial picture of what we may get, said Quincy Krosby, chief investment strategist at The Hartford. This proverbial lack of clarity is damaging market psychology.Meanwhile, technology stocks are also falling after The Wall Street Journal reported that Yahoo Inc.'s new chief executive is planning a companywide reorganization. But the selling came across the market as pessimism about the recession and its toll on companies deepened.There's no where to hide anymore,said Jim Herrick, director of equity trading at Baird & Co.The market's decline extends massive losses from last week when the major stock indexes tumbled more than 6 percent. The major indexes plunged through the lows they reached in late November, at the height of the credit crisis.In early afternoon trading, the Dow dropped 149.66, or 2.03 percent, to 7,216.01, after earlier falling to 7,188.77, its lowest level since Oct. 28, 1997.The Standard & Poor's 500 index fell 16.61, or 2.16 percent, to 753.44. Earlier, the S&P fell to 750.62, its lowest level since April 1997.The technology-laden Nasdaq composite index dropped 34.77, or 2.41 percent, to 1,406.46.The Russell 2000 index of smaller companies fell 10.46 or 2.55 percent, to 400.50.Declining issues outnumbered advancers by about 5 to 1 on the New York Stock Exchange, where volume came to a light 793 million shares.Among tech stocks, Hewlett-Packard Co. fell $1.47, or 4.7 percent, to $29.77, and Intel Corp. dove 58 cents, or 4.5 percent, to $12.20.Other big decliners included General Electric Co., which dropped to a 14-year low of $8.80, but later traded down 33 cents, or 3.5 percent, to $9.05. Alcoa Inc. tumbled 40 cents, or 5.9 percent, to $5.86.

Some financial stocks managed to hold on to their earlier gains, including Citigroup, which rose 25 cents, or 12.8 percent, to $2.20, and Bank of America Corp., which gained 28 cents, or 7.4 percent, to $4.07. Bond prices fell Monday. The yield on the benchmark 10-year Treasury note, which moves opposite its price, rose to 2.80 percent from 2.79 percent late Friday. The yield on the three-month T-bill, considered one of the safest investments, rose to 0.27 percent from 0.26 percent Friday. The dollar was mixed against other major currencies, while gold prices fell. Light, sweet crude fell $1.90 to $38.13 per barrel on the New York Mercantile Exchange.Overseas, Britain's FTSE 100 fell 0.99 percent, Germany's DAX index fell 1.95 percent, and France's CAC-40 slipped 0.82 percent. Earlier, Japan's Nikkei stock average fell 0.54 percent. On the Net: New York Stock Exchange: http://www.nyse.com Nasdaq Stock Market: http://www.nasdaq.com

Eastern member states to hold own mini-summit
LEIGH PHILLIPS Today @ 09:24 CET

The European Union's eastern members are to hold their own separate mini-summit ahead of an emergency summit of all EU premiers and presidents in order to co-ordinate their approach to the crisis.Poland called the meeting in response to the larger, wealthier nations retreating into protectionist positions, particularly regarding their car sectors. It will take place in Brussels on 1 March on the morning of the wider summit to build a common front in defence of the single market.

We want to send a clear message that we support the European Union's position in favour of defending the common market and that we are against protectionism, Poland's Europe minister, Mikolaj Dowgielewicz, told Poland's PAP new agency.France, Italy and Spain have in recent weeks each announced packages of billions of euros in public funds for their domestic auto industries.The European Commission, normally quick to jump on such measures as market distortions, has said relatively little, although it is currently investigating Paris' €6 billion support measures for Renault and Peugeot-Citroen. Similar packages of public monies to support car companies in Italy and Spain are also under scrutiny.The scrum of eastern nations will also consider the region's tottering banks, which have not been supplied with the re-capitalisation or loan guarantees that their western counterparts have been, as their governments have not been able to afford such moves.Exacerbating the crunch in the east, the western parent banks of subsidiaries in the region have substantially reduced the credit available.Western European banks have a financial engagement of some €1.1 trillion in the region, with Austria's financial institutions particularly exposed, being owed €220 billion - equivalent to around three quarters of the country's GDP. Over the last fortnight, Vienna has been calling for a co-ordinated EU-level bail-out of the east out of fear its loans may not be able to be paid back.Italy, Sweden, the Netherlands, France and Belgium are also among western Europe's big lenders to the east.However, outside Hungary and the Polish Chamber of Commerce, Austria's request has fallen on deaf ears, and Germany, likely to get stuck with much of the tab for such action, has publicly said it is opposed to an eastern bail-out.Speaking to reporters in Berlin on Sunday, Czech Prime Minister Mirek Topolanek hinted at a growing rift between the west and the east.Central and Eastern European countries [have] concerns about certain discrimination regarding for instance their access to financing by means of the European Central Bank, he said.There is certain fear that Europe - the old EU members and eurozone countries - may create a situation that will somehow secondarily affect Central and Eastern Europe, he continued, according to AFP.

European Commission President Jose Manuel Barroso is also to attend the eastern nations' mini-summit.Separately, on Friday, the World Bank warned western EU member states not to deploy domestic counter-crisis measures that would hurt the economies of their neighbours to the east.

Latvian government falls
LEIGH PHILLIPS 20.02.2009 @ 18:02 CET

The Latvian prime minister and his government have resigned amid growing political and economic strife in the Baltic country.Prime Minister Ivars Godmanis submitted his resignation to the president, Valdis Zatlers, on Friday (20 February) afternoon after the two largest parties in the ruling four-party coalition demanded he step down.Earlier in the day, Mareks Seglins, the head of the People Party, which held the most seats in the coalition, said that his party and the Union of Greens and Farmers asked him to go.President Zatlers has said he is to immediately start talks with all parties on the formation of a new government.Mr Godmanis, of the Latvian Way party - the third largest within the coalition - survived a no-confidence motion in the parliament on 3 February.The economic crisis has hit Latvia harder than most other EU states, with the country receiving a €7.5 billion emergency bail-out from the IMF and the EU.Latvia's economy contracted by 10.5 percent year on year in the final quarter of 2008 and its GDP is expected to fall 12 percent in 2009.

The economic collapse has in turn provoked rolling civil unrest, in which thousands rioted in the capital on 13 January and farmers in February blocked roads and surrounded government buildings, ultimately winning the resignation of the agriculture minister.The fall of Mr Godmanis' coalition is the first European Union government to fall as a result of the economic crisis, and the second such collapse after Iceland.

Dublin hit by mass protests over economic crisis
HONOR MAHONY Today @ 09:18 CET

Around 120,000 citizens hit the streets of Dublin on Saturday to protest the government's handling of the economic crisis.The demonstration was organised by the Irish Congress of Trade Unions (ICTU) and was the first major public signal of disapproval by the Irish people as they feel the blast of the world economic downturn.The country is officially in recession, unemployment is up, the property bubble which fuelled the booming economy in Celtic Tiger times has burst and popularity ratings for Brian Cowen's government have plummeted.ICTU general secretary David Begg said that people were full of fear and anger as the economic situation is set to worsen.Fear because their whole generation of young people, very highly educated, for whom redundancy was never in their frame of reference, don't know what is going to happen to them for the future, he told RTE radio.Anger because they know they had nothing to do with causing it.Mr Cowen has announced a package of measures designed to cut government spending by €2 billion and has previously said the government needs to cut back to the tune of €15 billion. The measure that has attracted the most criticism and which was the focus of Saturday's demonstration is a pension levy on public servants. Ahead of the protest, the government released a statement justifying its measures.

The Government recognises that the measures which it is taking are difficult and, in some cases, painful,it said.The Government is also convinced, however, that they are both necessary and fair. They are necessary because it is essential that we show a credible start on the correction of an emerging unsustainability in our public finances.A series of further protests are expected during the course of this week, the Irish Times reports, including one by civil servants on Thursday and by Dublin Bus on Saturday.Meanwhile, other public service staff including teachers and mid-ranking civil servants are also considering protests.Public sector workers feel they are being made to pay for the sins of the private sector. This feeling has been intensified as details of a scandal concerning Anglo Irish bank have kept the nation agog for much of last week. The bank, which last month was nationalised because of the size of its debt, admitted it has lent €451 million to ten clients to purchase shares in the financial institution in 2008. While the recipients of the loans have not been named, the bank has already indicated it expects that it will not get most of the money back.Ireland's protests come after news that the Latvian government fell before the weekend due to the effects of the economic crisis.Non-EU member Iceland was the first country to see a political casualty due to the world economic downturn. Its government fell on 26 January after weeks of protest. It has also been bailed out by the International Monetary Fund.