Could the IMF Get Any Bigger?

Monday, 09 March 2009 17:14

"On the 2 April 2009 world leaders will gather in London to address the global financial crisis." What kind of address do you imagine will be taking place? Talk of economic standards based on precious metals? Talk of financial sovereignty between countries and the feasibility of going back to a worldwide free market without world government intervention? Knowing the oh-so-noble and virtuous intentions of many, if not all, of the top political leaders in the world, the answer to these questions is all too obvious. (Please pardon my sarcasm on this issue.)

Not surprisingly, major politicians around the world have released reports arguing for the presence of an enlarged International Monetary Fund. If you've ever played with rubber bands on a geometry board, you know what happens when you try to fit the rubber band—in this case, the Federal Reserve—around too many pegs on the board, or beyond its Constitutional limits.

Snap!

Among these top political leaders trying to fit all their great ideas on the geometry board is the infamous G20, or Group of Twenty, who will convene in the United Kingdom's capital in a few short weeks. Their mission is explicitly nothing less than "contributing to the strengthening of the international financial architecture and providing opportunities for dialogue on national policies, international co-operation, and international financial institutions." Note the pretty ugly word found three times in that statement: international. With the G20 on the case there is practically no way to change the globalist flow of thought. As William Jasper points out in an article published in The New American magazine:

What they are proposing is economic central planning on a global scale, a sort of international Federal Reserve, which would be a major step toward world central government [emphasis added]. These new global powers are necessary, say the advocates, because the economic crisis we face is global.

An international monetary crisis is indeed sadly upon us; there can be no denying that. But what is even more unfortunate is how the media is slowly molding the minds of the American people to believe that bigger is better; that sophisticated systems, taxes and techniques will solve such an intricate crisis; and that we must take the supposed intellect of "the experts" at face value and not question their plans, considering that we are simply citizens, powerless to understand the vast nature of economics.

Hold fast to your pegs on the board, my friends—the financial rubber bands are stretching beyond their normal structure, and there's no telling when they'll snap.

Writing for fun and for profit since childhood, Belinda Z. is a homeschooled high school student who is a strong advocate for constitutionally-limited government and hopes to make a difference in politics someday.

Set as favorite

Bookmark

Email this

Trackback(0)

TrackBack URI for this entry