RE: The Declaration of Independence Has Been Repealed
I found this post on Dick Morris's blog and could not help but comment.
On April 2, 2009, the work of July 4, 1776 was nullified at the meeting of the G-20 in London. The joint communiqué essentially announces a global economic union with uniform regulations and bylaws for all nations, including the United States. Henceforth, our SEC, Commodities Trading Commission, Federal Reserve Board and other regulators will have to march to the beat of drums pounded by the Financial Stability Board (FSB), a body of central bankers from each of the G-20 states and the European Union.
The mandate conferred on the FSB is remarkable for its scope and open-endedness. It is to set a “framework of internationally agreed high standards that a global financial system requires.” These standards are to include the extension of “regulation and oversight to all systemically important financial institutions, instruments, and markets…[including] systemically important hedge funds.”
Note the key word: “all.” If the FSB, in its international wisdom, considers an institution or company “systemically important”, it may regulate and over see it. This provision extends and internationalizes the proposals of the Obama Administration to regulate all firms, in whatever sector of the economy that it deems to be “too big to fail.” READ THE REST OF THE ARTICLE
I am still looking for supporting information before I loose my mind completely. It does look to be true, Dick Morris is pretty reliable. Every American should be screaming from their rooftop, ringing the bells, and holding up the lanterns in the bell tower. Somethings coming and it aint the British. It is much worse.....It's our own government.