The Obama Deception

Financial Rescue Nears GDP as Pledges Top $12.8 Trillion

Mark Pittman and Bob Ivry

Bloomberg

Wednesday, April 1, 2009

The U.S. government and the Federal Reserve have spent, lent or committed $12.8 trillion, an amount that approaches the value of everything produced in the country last year, to stem the longest recession since the 1930s.

New pledges from the Fed, the Treasury Department and the Federal Deposit Insurance Corp. include $1 trillion for the Public-Private Investment Program, designed to help investors buy distressed loans and other assets from U.S. banks. The money works out to $42,105 for every man, woman and child in the U.S. and 14 times the $899.8 billion of currency in circulation. The nation’s gross domestic product was $14.2 trillion in 2008.

President Barack Obama and Treasury Secretary Timothy Geithner met with the chief executives of the nation’s 12 biggest banks on March 27 at the White House to enlist their support to thaw a 20-month freeze in bank lending.

“The president and Treasury Secretary Geithner have said they will do what it takes,” Goldman Sachs Group Inc. Chief Executive Officer Lloyd Blankfein said after the meeting. “If it is enough, that will be great. If it is not enough, they will have to do more.”

Commitments include a $500 billion line of credit to the FDIC from the government’s coffers that will enable the agency to guarantee as much as $2 trillion worth of debt for participants in the Term Asset-Backed Lending Facility and the Public-Private Investment Program. FDIC Chairman Sheila Bair warned that the insurance fund to protect customer deposits at U.S. banks could dry up because of bank failures.

http://www.bloomberg.com/apps/news?pid=20601087&sid=armOzfkwtCA4&refer=worldwide

World Bank President Admits Agenda For Global Government

Paul Joseph Watson

Wednesday, April 1, 2009

World Bank President and Bilderberg elitist Robert Zoellick openly admitted the plan to eliminate national sovereignty and impose a global government during a speech on the eve of the G20 summit.

Speaking about the agenda to increase not just funding but power for international organizations on the back of the financial crisis, Zoellick stated, “If leaders are serious about creating new global responsibilities or governance, let them start by modernising multilateralism to empower the WTO, the IMF, and the World Bank Group to monitor national policies.”

In other words, give global institutions the power to regulate national policy as part of the creation of global government.

What Zoellick is outlining is essentially the end of national sovereignty and the reclassification of national governments as mere subordinates to a global authority that is completely unaccountable to the voting public of any country.

The more cynical amongst us would call this a global dictatorship. Zoellick couches the plan in flowery rhetoric of helping the poor and alleviating poverty, but as we have documented for years, the global elite’s goal of world government has little to do with saving the planet and everything to do with creating a global fascist state.

Zoellick, former Executive Vice President of Fannie Mae and advisor to Goldman Sachs, is a top elitist who was intimately involved in the Enron scandal and the 2000 presidential election debacle. He was also a signatory to the Project For A New American century document that called for invading Iraq as part of implementing a brutal world empire in 1998. He was later a foreign policy advisor to George W. Bush.

As to be expected, Zoellick is a member of the Council on Foreign Relations and the Trilateral Commission. He also attended the annual invitation-only conferences of the Bilderberg Group in 1991, 2003, 2006 and 2007.

Meanwhile, British Prime Minister Gordon Brown will use the G20 summit in London to extend an olive branch to China, offering them a central role in the construction of a new world order and a global government, according to reports.

“Brown will hold talks with Hu Jintao, China’s president, following discussions with Barack Obama, amid signs that developing countries see the G20 summit as a chance to impose a new world order and end the era of Anglo-European dominance,” reports the Guardian.

Under the proposal, China will vastly increase its IMF funding in return for more voting rights.

A central focus of the G20 summit will be the proposal to supplant the dollar with a new global currency. Both the IMF and the United Nations threw their weight behind the implementation of a new global reserve currency system to replace the dollar, in the same week that Treasury Secretary Timothy Geithner told CFR globalists that he was “open” to the idea.

China and Russia brought the issue to the forefront of this week’s G20 when they jointly called for a new global reserve currency a week ago.

Brown has consistently called for global regulation of the financial system as a means towards global governance. In a speech at St Paul’s Cathedral in London yesterday he again called for a new “global society”.

http://www.prisonplanet.com/world-bank-president-admits-agenda-for-global-government.html

UN & IMF Back Agenda For Global Financial Dictatorship

Paul Joseph Watson

Friday, March 27, 2009

Both the IMF and the United Nations have thrown their weight behind proposals to implement a new world reserve currency system to replace the dollar as part of the acceleration towards a global financial dictatorship, in the same week that Treasury Secretary Timothy Geithner told CFR globalists that he was “open” to the idea.

As we reported yesterday, Timothy Geithner initially renounced a Chinese and Russian proposal to supplant the dollar with a new global currency, but he later told CFR elitists, who have consistently lobbied for a global currency as part of a wider agenda for global government, that he was “open” to the idea. Indeed, before Geithner was appointed by Obama when he was still president of the Federal Reserve Bank of New York, he argued for a new global central banking system shortly after attending the 2008 Bilderberg meeting.

Now the U.N. and the IMF have thrown their weight behind the move and reports indicate that the matter will be a major point of discussion at the upcoming G20 conference, with officials having initially dismissed speculation that a global currency would be on the agenda.

“A UN panel of expert economists pressed Thursday for a new global currency reserve scheme to replace the volatile, dollar-based system and for coordinated steps by rich countries to stimulate their economies,” reports AFP.

“A new Global Reserve System — what may be viewed as a greatly expanded SDR (Special Drawing Rights), with regular or cyclically adjusted emissions calibrated to the size of reserve accumulations, could contribute to global stability, economic strength and global equity,” the panel said.

In addition, “IMF managing director Dominique Strauss-Kahn said that talks on a new global reserve currency to replace the US dollar were “legitimate” and could take place “in the coming months,” according to the report.

As we have repeatedly warned, the introduction of a new global currency system is a key cornerstone in the move towards global government, centralized control and more power being concentrated into fewer hands.

The swift and ruthless exploitation of the economic meltdown on behalf of globalists and central banks who caused the problem in the first place revolves around their drive for a global monetary union, which is a directive coming from the very inner core of the CFR and the Bilderberg Group.

The Federal Reserve is already is a private organization and as such unaccountable to the American people. A global central bank, which is effectively what a new global reserve currency system will create, will establish a de facto financial dictatorship which will wield power over the economies of every country on the planet with no accountability whatsoever.

The ruling elite resolved long ago to force a global currency down our throats. In fact, a global currency is at the very core of their plan to dominate the world. Control money and you control the destiny of states, you eliminate national sovereignty. “The control of money and credit strikes at the very heart of national sovereignty,” A.W. Clausen, president of Bank of America once observed.

As Georgetown professor and CFR historian Carroll Quigley noted, the goal of the banking families and their minions consists of “nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole… 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 conferences.”

In 2007, Robert Mundell, “the father of the euro,” noted that “international monetary reform usually becomes possible only in response to a felt need and the threat of a global crisis.”

That very crisis arrived shortly after, providing the elite with the perfect opportunity to ram through a massive program of financial centralization by posing as the saviors - when they created the problem in the first place.

The very actions of the elite will continue to worsen the financial crisis, providing the necessary political capital for them to institute what they had planned all along - a new global currency for the global government that they plan to implement thereafter.

http://www.prisonplanet.com/un-imf-back-agenda-for-global-financial-dictatorship.html

Ron Paul on the Budget and the G20

Friday, April 3, 2009

On Thursday, Dr. Paul sat down with legislative assistant Paul-Martin Foss to give his thoughts on the budget, global economic regulation, and the gold standard.

Here is the video of the interview:

http://www.prisonplanet.com/ron-paul-on-the-budget-and-the-g20.html

The term “New World Order” was mentioned in connection with the G20 this week hundreds of times by both global leaders and in news reports.

British Prime Minister Gordon Brown himself yesterday announced that the G20 heralded the creation of a “New World Order” which would involve increased global regulation of economic markets:

http://www.youtube.com/watch?v=KbU_Po4sfnw

A Google News search provides well over a thousand results of reports including the term “New World Order” over the past couple of weeks.

Despite the fact that world leaders have been talking about a “New World Order” for decades, in the context of the political agenda to diminish the power of sovereign states in favor of a move towards global governance, it was still regarded as a delusion of paranoid conspiracy theorists by the establishment media until relatively recently.

Now even Fox News and Sean Hannity are throwing their arms in the air and admitting that the “conspiracy theorists were right” as the agenda for global government is openly announced.

http://www.youtube.com/watch?v=iTcJbDg3HbE

The new world order has nothing to do with saving the world and everything to do with centralizing power and control into the hands of a gaggle of criminal globalists who are concerned about nothing other than increasing their domination over the planet - at the expense of the rest of the population.

The new world order is totalitarian by its very nature - shifting power away from sovereign countries to global institutions which have no accountability to the general public whatsoever, and through which the public has no voice or influence. That cannot be defined as anything else but undemocratic. There is no such thing as a “benign” new world order.

This very agenda was again enunciated this week by World Bank President and and Bilderberg elitist Robert Zoellick, who openly admitted the plan to eliminate national sovereignty and impose a global government during a speech on the eve of the G20 summit.

Speaking about the agenda to increase not just funding but power for international organizations on the back of the financial crisis, Zoellick stated, “If leaders are serious about creating new global responsibilities or governance, let them start by modernising multilateralism to empower the WTO, the IMF, and the World Bank Group to monitor national policies.”

Proponents of a new world order have always disguised their rhetoric with flowery notions of achieving some kind of global utopia, but behind the scenes the real agenda has always been sinister, nepotistic and anathema to any reasonable notion of democratic freedom.

It’s about time the establishment media stopped parroting the words of globalists and blithely repeating the term “new world order” like it was going out of fashion, and actually started asking real questions about what it really means.

http://www.prisonplanet.com/new-world-order-still-a-conspiracy-theory.html

Aren't they just talking about policies in relationship to the trade markets? It's not like they're trying to take over the world. And exactly what part of that is the Obama deception? Also using Fox news as a news source is quite funny. They're an entertainment network. Here's another google search you can do that's a lot more informative than the one you posted using New World Order
http://www.google.com/search?hl=en&rlz=1C1GGLS_enUS307US307&q=fox+news+blatantly+lie&btnG=Search
oh and this is what was said at the g20 conference:

G-20 Shapes New World Order

Originally posted by Lycanthrope
I don't really know what you are eluding to? How dose one "run a Bank"? Do you ask everyone at that Bank (Investors,savings account holders, etc.) to withdraw all their accounts and stock???? One would be hard pressed to persuade individuals, Family, to withdraw all their paper assets. Or am I missing what you are presenting.

You don't have to persuade anyone. You simply have someone in the financial sector start a rumour that a bank is failing and the panicky idiotic public will do the rest themselves.

http://www.channel4.com/news/articles/business_money/the+northern+rock+bank+run/802462

http://en.wikipedia.org/wiki/Bank_run

http://en.wikipedia.org/wiki/List_of_bank_runs

Originally posted by LDHZenkai
Aren't they just talking about policies in relationship to the trade markets? It's not like they're trying to take over the world. And exactly what part of that is the Obama deception? Also using Fox news as a news source is quite funny. They're an entertainment network. Here's another google search you can do that's a lot more informative than the one you posted using New World Order
http://www.google.com/search?hl=en&rlz=1C1GGLS_enUS307US307&q=fox+news+blatantly+lie&btnG=Search
oh and this is what was said at the g20 conference:

G-20 Shapes New World Order

How bout watching some of the videos I posted? The Alex Jones ones? You'll see where Obama fits in.

Economist: US collapse driven by ‘fraud,’ Geithner covering up bank insolvency

Stephen C. Webster
Raw Story
Sunday, April 5, 2009

In an explosive interview on PBS’ Bill Moyers Journal, William K. Black, a professor of economics and law with the University of Missouri, alleged that American banks and credit agencies conspired to create a system in which so-called “liars loans” could receive AAA ratings and zero oversight, amounting to a massive “fraud” at the epicenter of US finance.

But worse still, said Black, Timothy Geithner, President Barack Obama’s Secretary of the Treasury, is currently engaged in a cover-up to keep the truth of America’s financial insolvency from its citizens.

The interview, which aired Friday night, is carried on the Bill Moyers Journal Web site.

Black’s most recent published work, “The Best Way to Rob a Bank is to Own One,” released in 2005, was hailed by Nobel-winning economist George A. Akerlof as “extraordinary.”

“There is no one else in the whole world who understands so well exactly how these lootings occurred in all their details and how the changes in government regulations and in statutes in the early 1980s caused this spate of looting,” he wrote. “This book will be a classic.”

But that book only covers the fallout from the 1980s Savings & Loan crisis; Black’s later first-hand involvement in that scandal being the ensuing liquidation of bad banks.

“A single bank, IndyMac, lost more money than the entire Savings and Loan Crisis,” reported PBS. “The difference between now and then, explains Black, is a drastic reduction in regulation and oversight, ‘We now know what happens when you destroy regulation. You get the biggest financial calamity of anybody under the age of 80.’”

That financial calamity, he explained, was brought about not by mishap or accident, but only after a concerted effort to undermine and remove all regulations, allowing a creditor free-for-all that hinged on fraudulent risk ratings for bad loans.

“[T]he way that you do it is to make really bad loans, because they pay better,” he told Moyers. “Then you grow extremely rapidly, in other words, you’re a Ponzi-like scheme. And the third thing you do is we call it leverage. That just means borrowing a lot of money, and the combination creates a situation where you have guaranteed record profits in the early years. That makes you rich, through the bonuses that modern executive compensation has produced. It also makes it inevitable that there’s going to be a disaster down the road.

“…This stuff, the exotic stuff that you’re talking about was created out of things like liars’ loans, that were known to be extraordinarily bad,” he continued. “And now it was getting triple-A ratings. Now a triple-A rating is supposed to mean there is zero credit risk. So you take something that not only has significant, it has crushing risk. That’s why it’s toxic. And you create this fiction that it has zero risk. That itself, of course, is a fraudulent exercise. And again, there was nobody looking, during the Bush years. So finally, only a year ago, we started to have a Congressional investigation of some of these rating agencies, and it’s scandalous what came out. What we know now is that the rating agencies never looked at a single loan file. When they finally did look, after the markets had completely collapsed, they found, and I’m quoting Fitch, the smallest of the rating agencies, “the results were disconcerting, in that there was the appearance of fraud in nearly every file we examined.”

He equated the entire US financial system to a giant “ponzi scheme” and charged Treasury Secretary Timothy Geithner, like Secretary Henry Paulson before him, of “covering up” the truth.

“Are you saying that Timothy Geithner, the Secretary of the Treasury, and others in the administration, with the banks, are engaged in a cover up to keep us from knowing what went wrong?” asked Moyers.

“Absolutely, because they are scared to death,” he said. “All right? They’re scared to death of a collapse. They’re afraid that if they admit the truth, that many of the large banks are insolvent. They think Americans are a bunch of cowards, and that we’ll run screaming to the exits. And we won’t rely on deposit insurance. And, by the way, you can rely on deposit insurance. And it’s foolishness. All right? Now, it may be worse than that. You can impute more cynical motives. But I think they are sincerely just panicked about, ‘We just can’t let the big banks fail.’ That’s wrong.”

Ultimately, said Black, the financial downfall of the United States in the wake of the Bush years is due to “the most elite institutions in America engaging in or facilitating fraud.”

“When will Americans wake up and hold the real criminals - Banksters - accountable for their actions, and pressure the government to enact systemic changes to prevent future abuses?” asked Huffington Post blogger Mike Garibaldi-Frick.

http://www.pbs.org/moyers/journal/04032009/profile.html

http://www.pbs.org/moyers/journal/04032009/watch.html

http://www.prisonplanet.com/economist-us-collapse-driven-by-fraud-geithner-covering-up-bank-insolvency.html

Where exactly is the proof that anyones covering anything up? We already know exactly whats going on. Also, Congress are the ones in charge of oversight of things like that, not Obama. And yet again, just saying something doesn't mean it's real. What was Blacks proof that there has been any cover up or attempt to deceive?

dont know if this has been posted on your thread or not Winter,if it has then I apologize,I just havent had time to read through this whole thing yet so I figured if it hasnt,I would post this for the people who dont want to take time to watch the videos.I just came across this by accident when I was doing research on clinton today.

The Audacity of Deceit (Book)

By: Brad O’Leary

WHO IS BARACK OBAMA?

You will be shocked to learn what lies beneath the well-polished rhetoric of this slick orator. Obama speaks vaguely about “change,” but as this book reveals, Obama’s brand of change is a hostile attack on the Judeo-Christian values and freedoms most Americans hold dear.

This isn’t “change you can believe in”—it is change designed to uproot American culture and replace it with the failed, secular, socialist policies of the past.

In "The Audacity of Deceit" you’ll learn how Obama:

Blocked emergency medical aid for babies who survived abortion.

Plans to ban the use of firearms by lawabiding citizens—even for self-defense.

Was abandoned by his bigamist father and raised in a Muslim society—and
how this influences his values.

Would raise tax rates to a Hoover-like 60 percent.

Will transform the U.S. Treasury into the United Nations’ ATM.

Wants fuel prices high and farmland taken out of production.

Will grant federal medical insurance to 12 million illegal aliens and increase
emergency room costs alone by $15.4 billion annually.

Would transfer child-rearing from parents to the federal government with his
secular “0 to 5” program.
You will also read exclusive polling results that reveal the 30 percent of Americans who pay no taxes, what they believe, and who they are planning to vote for.

His goal? Replace the Judeo-Christian values that gave birth to the “land of the free” with failed radical leftist beliefs.

This is the one book every American must read—before it’s too late!

NOTE: Purchasing "The Audacity of Deceit" from WND's online store also qualifies you to receive three FREE issues of WND's acclaimed monthly print magazine, Whistleblower. Watch for the FREE offer during checkout.

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Welcome to Obamaland: I Have Seen Your Future and It Doesn't Work (Book) - $27.95

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Thanks Parker you know if you get that book and learn alot from it I would be most grateful if you could pass along some of that info on here. Perhaps an Obama thread to go along with your Clinton one?

That book sounds so good though that I may end up getting it myself. =) People need to learn all they can about this man. It's "Mega-importante" As Jaden would say. lol.

sure.glad to hear that you hadnt already talked about it here.yeah I'll let you know WHEN I get it.I for sure am going to,and if I see things in there scary as hell like there is about clinton,you can bet I'll make an Obama thread as well.as you already know,every president who gets in is always worse than the previous one whether it be the demopublicans or the reprocrats and Obama aint no different than his other evil CFR mates Clinton and Bush.

Obama is the latest puppet for the Illuminati who is willing to do their bidding.people need to wake up and get it through their heads what dangerous times were in and that there is no difference between the two parties and understand that if there isnt a revolution by the people soon and we dont overthrow the corrupt people in congress soon and get a third party created soon,there isnt any hope for the future of the world and our grandchildren are in for a nightmarish hell in the future years.their going to have it far worse than we ever have had it if that doesnt happen.Obama has lied about everything he was going to do going back a a year ago.If you go back and look at his speechs from back then,they'll hear how he was talking about bringing the troops HOME.what does he go and do? he calls up for something of a 100,000 more troops to be deployed to afhanistan before the year is over.making HELLARY secretary of state? making 21 of his 27 staff members former aides of clintons the people voted out of office? keeping former cabinet members of the bush administration in his cabinet? yeah thats real change all right. 🙄 how many more lies do president have to commit before people around here wake up and smell the coffee that american is a fascist state now?

Originally posted by NuclearWinter

That book sounds so good though that I may end up getting it myself. =) People need to learn all they can about this man. It's "Mega-importante" As Jaden would say. lol.

Na I probably wouldn't.

Originally posted by Mr Parker
sure.glad to hear that you hadnt already talked about it here.yeah I'll let you know WHEN I get it.I for sure am going to,and if I see things in there scary as hell like there is about clinton,you can bet I'll make an Obama thread as well.as you already know,every president who gets in is always worse than the previous one whether it be the demopublicans or the reprocrats and Obama aint no different than his other evil CFR mates Clinton and Bush.

Obama is the latest puppet for the Illuminati who is willing to do their bidding.people need to wake up and get it through their heads what dangerous times were in and that there is no difference between the two parties and understand that if there isnt a revolution by the people soon and we dont overthrow the corrupt people in congress soon and get a third party created soon,there isnt any hope for the future of the world and our grandchildren are in for a nightmarish hell in the future years.their going to have it far worse than we ever have had it if that doesnt happen.Obama has lied about everything he was going to do going back a a year ago.If you go back and look at his speechs from back then,they'll hear how he was talking about bringing the troops HOME.what does he go and do? he calls up for something of a 100,000 more troops to be deployed to afhanistan before the year is over.making HELLARY secretary of state? making 21 of his 27 staff members former aides of clintons the people voted out of office? keeping former cabinet members of the bush administration in his cabinet? yeah thats real change all right. 🙄 how many more lies do president have to commit before people around here wake up and smell the coffee that american is a fascist state now?

Originally posted by NuclearWinter
Alright Broseph. Sounds good. I'll watch you handle that one. And as for the other stuff you said, I agree with it 100%. If I tried to find any flaws in it, I couldn't. And the sad part is neither could anyone else on this board. Because it's the Truth.

I watched the DVD not so long ago. It was alright - it kept my attention for almost 2 hours.

I finally got the chance to watch the video Winter.Man that is some great stuff there.All those idiots in chicago who were going ape crazy over him getting elected,when they see this DVD,their going to realize what a bunch of idiot dupes they were.That he is no different than Clinton or Bush.A lot of great stuff there on the banking system,talking about how they made several attempts to kill Andrew Jackson since he tried to expose them and that they killed Lincoln as well cause he succeeded temporary getting rid of the private bank of England. and also killing Kennedy cause he wanted to get rid of the fed-the last good president we had of course.Great to see how Jones talked about the kennedy assassination in there.