by James Corbett
The Corbett Report
12 October, 2008
Media propaganda at fever pitch as banker takeover proceeds
An emergency meeting taking place in Washington this weekend is bringing together finance ministers and central bankers from the Group of Seven nations as well as their G20 counterparts. According to U.S. Treasury Secretary Henry Paulson, the meeting is intended to discuss “ways to further enhance our collective efforts” to confront the crisis that has frozen credit markets around the globe.
Now the World Bank President is musing about a new global economic authority, the IMF chief is cheerleading “the first co-ordination between advanced countries and the rest of the world” (something the WTO hasn’t been able to accomplish), and the CFR is relishing the chance to implement a global monetary authority just like they’ve been writing about for years.
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