The New World Disorder: Will Bretton Woods shock U.S. economy?

4-day George Soros event in New Hampshire aims to remake global system ‘as they see fit’

Aaron Klein
WorldNetDaily
4/4/2011

Long-term and worsening unemployment, economic stagnation, labor revolt and a state of siege.

Those are just some of the descriptions of one country that received the kind of economic “shock therapy” crafted by Columbia professor Jeffrey Sachs, who sits on the board of an organization literally seeking to reorganize the entire global economic system.

That group is the Institute for New Economic Thinking, or INET.

Philanthropist George Soros is INET’s founding sponsor, with the billionaire having provided a reported $25 million over five years to support INET activities.

This Friday, INET starts its four-day economic symposium in the mountains of Bretton Woods, N.H.

The gathering of economic giants will take place at Mount Washington Hotel, famous for hosting the original Bretton Woods economic agreements drafted in 1944. That conference’s goal was to rebuild a post-World War II international monetary system. The April gathering has a similar goal in mind – a global economic restructuring…

…Sachs is engineer of a “shock treatment” economic doctrine that he has applied to other countries, most notably Bolivia and Poland. In both countries, critics charge, Sach’s doctrine led to economic failure.

In 1985, Bolivia was plagued by hyperinflation and was unable to pay back its debt to the International Monetary Fund…

Read the entire article at World Net Daily

H/T Gulag Bound, where Arlen Williams wrote:

Note the list of horribles.  Does it hearken you to a similar list, in the Declaration of Independence?

  • deeply entrenched and chronic unemployment and underemployment (the IMF Lords agree; they need to “establish” the proletariat, anyway)
  • economic stagnation
  • labor revolt (what else do you do with a proletariat?)
  • global taxation
  • crisis kleptocracy (manufactured crisis, or otherwise)
  • currency transfer tax
  • tax on the rental value of land and natural resources
  • royalty on worldwide fossil energy projection
  • fees for commercial use of oceans
  • fees for airplane use of the skies (in addition to being porned and/or groped)
  • fees for use of the electronagnetic spectrum (what about the air, along with the airwaves?)
  • fees on foreign transactions
  • carbon tax for fuel consumption

Headline corrected 8:25 am 4/6

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