World Economic Forum says:
World needs $100 trillion more credit
There are times when you read things that can only make you want to stand still, and wonder what on earth is going on. This is a perfect example of one of those times…
The world’s expected economic growth will have to be supported by an extra $100 trillion (£63 trillion) in credit over the next decade. But researchers warned that leaders must be wary of new credit “hotspots”, where too much lending takes place, as the world emerges from a financial catastrophe blamed in large part “to the failure of the financial system to detect and constrain” these areas of unsustainable debt.”
Pockets of credit grew rapidly to excess – and brought the entire financial system to the brink of collapse. The “global credit stock” rose by $52 trillion in the past ten 10 years (2010 not included). That is about an entire one year’s worth of global GDP. Now, let’s see: the world will soon count 7 billion inhabitants.Which means that, since 2000, credit rose by about $7000 per person, including children, pensioners and the many hundreds of millions who have to live on $1 a day or thereabouts.
And that was on top of some $8000 pre-existing credit per capita. And now, say the World Economic Forum and McKinsey, we need to play double or nothing (again), everything on either red or black. In the next decade, we must raise global credit to the tune of over $14,000 per capita.
Brzezinski Decries “Global Political Awakening” During CFR Speech… At a meeting of the Council on Foreign Relations (CFR) Zbigniew Brezinski warned of a “massive global political awakening” throughout the world.
He suggested while similar awakenings had occurred in the past, historically it had never happened in so many places at the same time before. He spoke as if it was a bad thing for people to become politically aware, and desired a higher level of autonomy.
Brezinski speaks like a man warning of a lurking danger, indicating it’s not a good thing. The awakening masses will create problems without any political structure designed specifically to deal with them.
It begs the question, for whom will this political awakening create problems, and why? Throughout history there’s been people willing to go to any lengths to acquire wealth and power, then to do whatever’s necessary to keep it, including building mighty armies to destroy their enemies. The fact is, however, there’s 6 billion of us and only a few hundred thousand of them, so even with their armies it’s been necessary to exercise a “divide and conquer strategy.”
However it appears they’ve reached the point where they’ve taken so much that there’s now a significant number of people who believe they have nothing left to live for, and those people can be dangerous. Watch the video on YouTube here…
Barack Hussein Obama the 44th President of the United States
Many have questioned what makes this man tick and why does he do the things that he does. Following George Bush’s lead he bows to the Saudi king and then he laughs it up with socialist dictator and America hater Hugo Chavez at the Summit of the Americas. This kind of buddy behavior with Chavez does not help the United States – in fact it hurts us in the eyes of the rest of the world.
As the Summit of the Americas proceeded, Obama displayed particular warmth toward President Evo Morales of Bolivia, who has stated that “the worst enemy of humanity is capitalism,” and President Daniel Ortega of Nicaragua, who used the meeting to denounce “the expansionist policy of the United States.” Obama demonstrated perhaps the greatest rapport with President Hugo Chavez of Venezuela, calling Chavez “Amigo.”
A word about this “Amigo.” As president of Venezuela, Hugo Chavez has rewritten the constitution to expand his power. He has declared both a “judicial emergency,” replacing dozens of judges, and a “legislative emergency,” rendering the National Congress virtually powerless.
Chavez has nationalized private oil fields, power companies, the telecommunications industry, the banking system and a number of companies in the food industry. Food shortages in Venezuela are now common. Last year the inflation rate reached 30%. After inheriting a functioning, prosperous democracy, Hugo Chavez destroyed it.
What is Obama’s plan for America? What are his connections to Socialism? Was he truly born in the USA? Why did our 44th president – the day After being sworn in, sign his First Executive Order #13489 to hide his birth records? Does he have the best interests of the citizens of America at heart? So many questions – so little truth…. Heres a overview…
PLO Raises Flag over Washington
The Obama administration’s willingness to allow the flag to go up was met with criticism from Republican representative Ileana Ros-Lehtinen, head of the House Foreign Affairs Committee.
“Raising this flag in DC is part of the Palestinian leadership’s scheme to manipulate international acceptance and diplomatic recognition of a Palestinian state while refusing to directly negotiate with Israel or accept the existence of Israel as a democratic, Jewish state.
Judge OKs ‘flag of Islam on American soil
AIG used more than “$100 million in federal tax money to support Islamic religious indoctrination through the funding and promotion of Shariah-compliant financing. … SCF is financing that follows the dictates of Islamic law… “Judge Zatkoff’s ruling allows for oil-rich Muslim countries to plant the flag of Islam on American soil.
This astonishing decision allows the federal government as well as AIG and other Wall Street bankers to explicitly promote Shariah law – the 1,200-year-old body of Islamic canon law based on the Quran, which demands the destruction of Western civilization and the United States.
He explained that by engaging in Shariah-compliant financing, AIG and the federal government – which owns 79.9 percent of AIG – are engaging in the religious practice of Islam. Islam teaches hostility and discrimination against Jews, Christians and anyone who doesn’t accept the Quran as the “word of Allah” explaining that the indoctrination stems from the same law that motivated the Sept. 11, 2001, attacks that killed nearly 3,000 Americans.
Posted by Den 
