The drive to a Global Economy is demonstrated by this next news story.
by David Bay, 9/19/08
NEWS BRIEF: "Deeper Crisis Would Call for Global Solution", The Wall Street Journal, September 16, 2008
"National solutions have been enough to stem the financial-sector crisis so far, ECB Governing Council member Mario Draghi said in a Berlin speech Thursday, but they may not be enough if things get worse."
Can you see what this global regulator is saying? If the crisis deepens and broadens, the solution to prevent an economic meltdown may not lie within any individual country, but may require a coordinated global response!
This is the essence of the overall plan! Create a crisis which explodes from a national level to a truly global level, and then propose a global solution which will then lead to a global authority!
Let us now look at the credentials of the executive who penned these words of international wisdom.
"Mr. Draghi’s words have international heft, since he chairs the Financial Stability Forum — a group of global regulators and central bankers working on solutions for preventing the next blowup. He indicated the framework of the global financial system is undergoing a gut check ... Overall, he said, the global banking system has enough capital to meet its needs..."
This next article also raises the specter of global control over the global economy, made possible only by the current created crises!
NEWS BRIEF: "Lehman Collapse Spurs Call for Central Credit Clearinghouse ", By Shannon D. Harrington, Bloomberg Financial News, September 16, 2008
"Banks may accelerate efforts to move trading in the $62 trillion credit-default swaps market through a central clearinghouse or to an exchange after the bankruptcy of Lehman Brothers Holdings Inc. and the credit downgrade of American International Group Inc ... A clearinghouse capitalized by owners could have reduced the risks ... There should be some central agency which prevents risk in the future of a large counterparty failing and causing losses,'' said Puneet Sharma, the head of investment-grade credit strategy at Barclays Capital, the U.K.'s third-biggest bank'."
As you can see, the call here is for a "central agency" which can reduce the risk of any individual financial institution to failure. Of course, such a "central agency" would, by necessity, have to be a global central clearinghouse.
UPDATE NEWS STORIES
The Dow Jones Average slumped significantly this morning (9/18), causing some experts to wonder if the financial crisis was getting so bad that American authorities and American assets could not solve the problem. Just as we stated in Paragraph II, above, the financial crisis may be so large that Global action may be required.
NEWS BRIEF: "Another nightmare on Wall Street: Dow down 450", Excite News, September 18, 2008
"NEW YORK (AP) - The stock market took another nosedive Wednesday as the American banking system appeared even shakier and investors worried that the financial crisis is spinning so far out of control that even government rescues can't stop it."
The global answer began coming immediately. Notice the massive cooperation amongst the various Central Bankers throughout the world.
NEWS BRIEF: "Central Banks Offer Extra $180 Billion to Calm Money Markets", Bloomberg Financial News, September 18, 2008
"The Federal Reserve almost quadrupled the amount of dollars central banks can auction around the world to $247 billion in a coordinated bid to ease the worst crisis facing financial markets since the 1920s ... `There's a complete lack of faith in the markets,'' said Jim O'Neill, chief economist at Goldman Sachs Group Inc. in London. 'There's a lot of cash hoarding and people losing trust in banks, so the central banks are acting to relieve that. This might not be the last time they have to act'.''
"Markets welcomed the announcement, which was made in statements from each central bank at 9 a.m. Frankfurt time at the start of European trading ... As markets seized up this week, central bankers pushed more than $200 billion into markets with those in Japan, Hong Kong, South Korea and Australia doing so again today."
"Wall Street's woes have gone global ..."
Again, this development is just a part of the global plan to abolish dividing marks separating the various national economies throughout the world so a unified global finanical system can be established.
None of this would have been possible had this deep, wide financial crisis not been created.
We are witnessing great and mighty developments right now, in our Daily News.
Once again, we see how a crisis is created which is global, thus requiring global solutions to prevent a threatened economic meltdown. What was that quote from New Age author, Bill Cooper, as he wrote of the original planning of the Illuminati? Listen carefully:
"... secret societies were planning as far back as 1917 to invent an artificial threat ... in order to bring humanity together in a one-world government, which they call the New World Order." ["Behold A Pale Horse", by New Age author, Bill Cooper, p. 27]
Since the conclusion of World War I, the Illuminati has systematically brought global crises upon mankind which have inched the world closer to the global system which shall be controlled by the Global Superman, the Masonic Christ.
SOURCE: Cutting Edge