A New Global Currency

[Pamela Vicik-Smith]

It is now beginning. You must watch this video released today:

A New Global Economic Restructuring - YouTube

[Nadda]

I just watched the video, still not sure, whats the solution? They basically only said that currency will be global and that people will have more power in banks, without giving any detail.

Heres my IMHO, The whole purpose of an economy is to determine the means of the masses.

The means of the masses have to be controlled. Earth has finite space with finite materials. I dont think there can be such thing as a "utopia" with finite space. In "utopia" anyone could recieve anything they want, when they want it, in whatever portion that they want it to be. That simply is NOT possible on planet earth. I wish it could be different, but this is reality.

There are two very distinct economic paths to take from the conclusion that earth has finite space.

Path #1 (Equal Means)
Every man, woman and child will have equal means. No one will be rich, no one will be poor. Everyone will have a job. Everyone will have one house. Everyone will have one piece of land. Everyone will have one car. You cannot buy another house, only trade houses for a better location. (however people who are already in better locations probably wont want to trade with you). In this system you are assigned your means by the government.
This is more of a communism/socialism path.

Path #2 (Equal Freedom)
Every man, woman and child will have equal freedom. You can be rich, or you can be poor. You can have many jobs, or you can have no job. You can buy one house, or many houses. The more wealth you earn is the more means that you have. In this system you earn your means.
This a more of a free market capitalism path.

Im no expert and have limited knowledge but from my understanding every economy is based on one of these two principals with a degree of each. Either way the means of the masses are controlled. They HAVE to be with finite space.

They say free market capitalism doesnt work in that video. That any debt based economy doesnt work. Why not? Dont they realize its not the system thats corrupting people? Its the people thats corrupting the system. Prosperity will always trickle down in free market capitalism. Weather or not you Choose to take advantage of that prosperity is on YOU. No one can force anyone to get into debt. Why dont people understand that? I agree banks have done a major disservice by convincing people they can afford large houses but that doesnt excuse the responsibility people have needed to take to educate themselves about the ramifications of debt itself. Its human nature to want more, but we all have to be responsible enough to operate inside our own means.

In a new world order, to give those same people more power in banking i think would be just a disastrous. These are the people who didnt understand what debt would do to them. These are the people who already did not operate inside theyre means.

There is no magic pill for a perfect economy. Every economy is based soley on the responsibility of the masses. Even Path#1 would fail if everyone decided they were tired of having equal means and no longed wanted to work everyday. Or if large portions of people decided to live outside of theyre means. It would collapse that system just as fast.

Earth has finite space.
Therefore we all have finite means.
That will never change.

[Sharyn]

Transcript of the interview

The following is the transcript of the video on Conscious Media Network's site- A new global economic restructuring | Conscious Media Network


Conscious Media Network has been approached by a representative of global leaders and financiers from 130 nations to broadcast a statement about a new global economic restructuring arising in 2012.
The statement will be delivered via a video-taped interview with a layperson (James Martinez) on behalf of the consortium that has been working behind the scenes, on the problem of the unsustainable global economy for the past 8 years. The party who drafted this statement has stated, in response to conspiracy concerns, that “The usual suspects are not the suspects” and that the Global Elite also understand that the unsecured, digital money system has failed us all, including themselves.
This announcement is to serve as the introduction of a New Global Economic Structure that will begin surfacing in 2012. Those involved in this plan are calling it the “greatest humanitarian effort” in modern history. It will be for each of us to determine over time if this is a truthful statement.


CMN is serving as a neutral party for this broadcast and what it claims, as the economic consortium does not wish to break this news through mainstream media at this time. Please give this your serious attention, as it may be heralding a new way of conducting commerce on the planet that will effect us all well into our future. It will be through our understanding and acceptance that this will happen.
A portion of this plan does include a dissolution of debt in a carefully considered and planned way. The plan itself is paradigm shattering, and only hinted at in this video-taped statement.
There will be more to come throughout the year.


Read the announcement below:

Neither banks nor public authorities (or mainstream academics, for that matter) calculated the economy’s realistic ability to pay – that is, to pay without shrinking the economy. Through their media and think tanks, they have convinced populations that the way to get rich most rapidly is to borrow money to buy real estate, stocks and bonds rising in price – being inflated by bank credit – and to reverse the past century’s progressive taxation of wealth.


To put matters bluntly, the result has been junk economics. Its aim is to disable public checks and balances, shifting planning power into the hands of high finance on the claim that this is more efficient than public regulation. Government planning and taxation is accused of being “the road to serfdom,” as if “free markets” controlled by bankers given leeway to act recklessly is not planned by special interests in ways that are oligarchic, not democratic. Governments are told to pay bailout debts taken on not to defend countries in military warfare as in times past, but to benefit the wealthiest layer of the population by shifting its losses onto taxpayers.
The failure to take the wishes of voters into consideration leaves the resulting national debts on shaky ground politically and even legally. Debts imposed by fiat, by governments or foreign financial agencies in the face of strong popular opposition may be as tenuous as those of the Habsburgs and other despots in past epochs. Lacking popular validation, they may die with the regime that contracted them. New governments may act democratically to subordinate the banking and financial sector to serve the economy, not the other way around.

Credit:
MICHAEL HUDSON - a former Wall Street economist. A Distinguished Research Professor at University of Missouri, Kansas City (UMKC), he is the author of many books, including Super Imperialism: The Economic Strategy of American Empire (new ed., Pluto Press, 2002) and Trade, Development and Foreign Debt: A History of Theories of Polarization v. Convergence in the World

Taken from: Debt Slavery – Why It Destroyed Rome, Why It Will Destroy Us Unless It’s Stopped » Counterpunch: Tells the Facts, Names the Names


Voluminous media reports of ongoing global economic carnage may lead one to take the view that our world does not understand the fundamentals of economics that ancient world leaders such as Hammurabi, Egyptian Pharoahs, and even Roman Emperors knew very well.



The truth is quite simply that debt based economies – money as debt with all its’ intrinsic inequality and poverty is eternally fated for destruction. Ancient despots were anything but humanitarians. Like all despots throughout history they were driven by self interest. But did they recognize at least that a fair economic system is in everyone’s best interest?
Given our dire economic circumstance it is forgivable that we little people despair and wring our hands. The prevailing view of the little people is that we are powerless to effect great change. We may feel that we have awoken only in enough time to spectate as world leaders stare uncomprehendingly at yet another inevitable global collapse.
It is not that world leaders or financial leaders and economists too numerous to even mention have failed to notice the collapse of the current financial system.



In this regard, refer to the comments of Sir Mervyn King, Governor the Bank of England, and the comments of Stephen Green as HSBC Chairman, and the comments of the Pope, and the very recent comments of President Barack Obama plus many, many others. All of these views are from the unique perspective of each individual but there is a common thread.
The comments of Stephen Green are of particular interest. Mr. Green remarks that Milton Friedman was completely wrong (profit only – nothing else matters) but Mr. Green is still compelled to support free market economics. He quotes Sir Winston Churchill who famously stated: “The market is the worst system of economic and social development – except for all the others that have been tried from time to time.”
So the thought is that although free market capitalism is the very worst system, nothing else works either. Socialism, capitalism, communism all fail. There are no credible working “isms” then. Churchill’s comments should be acknowledged by all of us.


So what can we do? Can we only create more debt and accelerate the decline? Are we all – governments, little individuals, and institutions powerless?


The solution is the creation of a new financial system that that is endowed with the most powerful economic tools the world has ever known. It is not an “ism”. It is commerce aimed at the creation of scalable affluence for the greatest number of people within a sustainable, asset backed “bubble up” global economy.


It is an institution for the purpose of providing benevolence for all of humanity, regardless of color, worldview or place on earth. All of this without the creation of debt and without causing harm to the interests of others, no matter if they are great or small.
Although it is known today only by a handful of people throughout the world it nevertheless exists within a mighty and powerful new system that has been created and managed by little people.
It has already begun with little people. Little people are the most powerful force on earth.



Mervyn King, Governor of the Bank of England, states “of all the many ways of organizing banking the worst is the one we have today”
Link to article:
(Mervyn King – “Of all the many ways of organising banking, the worst is the one we have today.” | Positive Money)
Extract from article on speech of Stephen Green:
American free market economics guru Milton Friedman was wrong to assert that companies should focus on shareholder value above all other considerations, HSBC Chairman Stephen Green declared.
Link to full article:
Milton Friedman got it wrong on profit being the only aim, HSBC chief Green argues - Telegraph
Extract of article from speech of Barack Obama in Kansas:
Now, just as there was in Teddy Roosevelt’s time, there is a certain crowd in Washington who, for the last few decades, have said, let’s respond to this economic challenge with the same old tune. “The market will take care of everything,” they tell us. If we just cut more regulations and cut more taxes – especially for the wealthy – our economy will grow stronger. Sure, they say, there will be winners and losers. But if the winners do really well, then jobs and prosperity will eventually trickle down to everybody else. And, they argue, even if prosperity doesn’t trickle down, well, that’s the price of liberty.
Now, it’s a simple theory. And we have to admit, it’s one that speaks to our rugged individualism and our healthy skepticism of too much government. That’s in America’s DNA. And that theory fits well on a bumper sticker. But here’s the problem: It doesn’t work. It has never worked. It didn’t work when it was tried in the decade before the Great Depression. It’s not what led to the incredible postwar booms of the 50s and 60s. And it didn’t work when we tried it during the last decade. I mean, understand, it’s not as if we haven’t tried this theory.
Link to full text of speech:
Full text of Barack Obama's speech in Osawatomie, Kansas | World news | guardian.co.uk
Extract of article concerning Pope’s 2009 encyclical urging an ethical financial system
“The economy needs ethics in order to function correctly not any ethics, but an ethics which is people centered,” the pope says.
“Above all, the intention to do good must not be considered incompatible with the effective capacity to produce goods,” the Associated Press quotes him saying. “Financiers must rediscover the genuinely ethical foundation of their activity so as to not abuse the sophisticated instruments which can serve to betray the interests of savers.”
Link to article:
Pope's encyclical urges ethical financial system - CathNews
Download the PDF

[Sharyn]

Strange banking?

What is also interesting, that may or may not tie into this, is some other info I have been following since December 21st.

Kerry Cassidy, from Project Camelot has also been giving out info about updates of unusual banking activity that she has been supplied with from one of her sources.

Here are the statements as they have occurred over the paast couple of weeks: (Kerry Cassidy Blog)

December 21, 2011 Update 11:17PM PT
Extremely Unusual Banking Activity
A source has just communicated that there is some unusual banking activity taking place now.



Unusual Banking Activity mentioned earlier (more detail)
It has taken me until this morning to get the ok to release this info. The following is from a source with substantial background in the financial sector (both traditiional and unorthodox by the way)...
Systems Stat - Current UST (United States Treasury) in Lock down on Currency comp upload of all Exotic & Major Currencies in progress, NOW.
* Pentag*n & all upper level 3 letter agencies on 24/7 call in conference concerning re-adjustments of Worldwide currencies in action for 48 hr. systems from BIS have been activated.
* All currencies reading 00.000 on all Bank computer screens. Active NOW.
* Cannot get any answers from ABN AMRO, BOL (Bank Of London) UBS, Credit Suisse, or any other Major World Banks on what is taking place.
* Have never seen this before. Ever, Anywhere!
* Analise - Unknown
* System status - Unknown
* This could be a system adjustment. - Unlikely.
* Conclusion - Unknown at this time. - Extremely Unusual Banking activity.



December 22, 2011
Another Update from my source on Unusual Banking Activity:
* Up-Date - 12/22/11 5:17 P.M. EST
* Systems Stat - Current UST Lock down still in effect, although the extra teams have been allowed leave as most of Computer Up-Loading is now in Place.
* Two of the 3 Letter Agencies still in Lock down. Confirmation from 4 sources (Pentag*n, 3 Letter, Local Banks) have Confirmed this is taking place.
* Banking Screens on 138 different Currencies still Showing 00.000 , Although fluctuations in Rates are beginning to appear.
* Still no Answers from European Banking System, however they have been notified to expect a large change in all Currency Rates.
* Again, We have never seen this before and neither have the Banks.
* Analysis - Not enough Data at this time to support any type of Conclusion.
* Critical - An Attempt will be made to by B.I.S. (Bank of International Settlements), IMF, W.B. (World Bank) U.S.T. to Re-Align or to RV (Revalue) all Currencies Worldwide Simultaneously. I Repeat Simultaneously. This has never been attempted in the History of Modern Banking. Ever.
* This is scheduled to take place within a 24 to 72 Hour period from NOW. *NOTE - Still unknown if this is physically possible.
* We are not sure what to Expect at this time. We are following it hour by hour.
* Conclusion - Unknown - Extremely Unusual Banking Activity.

Unusual Banking Activity Report #3
Kerry,
Merry Christmas Everyone!!!
I would like to begin by thanking Project Camelot & Kerry Cassidy for an amazing job of Professional Journalism, an UN-dying passion for her art, and true bravery in the face of adversity which I have witnessed in only a few true Warriors on this Planet.
Thank you Kerry. You carry that beautiful light where ever you go, reminding us in even the darkest times there is always hope. Our Team thanks you from the bottom of our hearts.

* Last Up-Date before the Shift - 12/25/11 2:45 P.M. EST Christmas Day.
* System Stat - UST and other three letter agencies out of lock down as of yesterday. Skeleton crews remain to assure of completion of currency re-adjustment.
* Assured that this is not a crash. I repeat. Not A Crash. Quote from a 24 year veteran of a letter agency * Quote - (We are leveling the playing field, giving everyone a breather.) - End-Quote.
* Banking screens still showing 00.0000 on over 149 different Countries, up from 138.
* Finally received information out of Europe that the last of the adjustment codes out of Geneva (from Basel -aka-BIS) have been implemented and are working their way through the World Wide Banking System.
* Banks will now answer to their regional directors in a 10 Region World Wide Central Banking System. Very similar to the EURO being Pegged to the Swiss Franc. Each Region will have it's controlling Currency.
* Analysis - Still UN-known if this is possible. Some of the more outdated systems in the more isolated countries had to be implemented physically with programmers sent from Europe and the States.
* This schedule is still on point. We are not sure what to expect.
* Conclusion - Unknown - (However many of us believe that this is a beginning move to completely take over the Banking System Worldwide). - Extremely Unusual Banking Activity.

Unusual Banking Activity Report #4
Note: behind the scenes the Global Settlements have been due to be released a number of times over the past year... and each time it gets close someone steps in to stop them. We are told, each time, the members of the Bush Cabal are responsible.
Along those lines, if the Global Settlements are released, according to the White Hats the next step is the revaluation of the Iraqui Dinar... This is what may be causing the strange banking now for the report from an undisclosed source:

* Note - We did not expect to be giving you a 4th up-date concerning Current World Wide Banking Status. The Re- Alignment should have Been Completed 14 Hrs ago.
*Systems Stat - UST & All other Letter Agencies just removed from Lock down (Washington, London, Zurich, Basel, Geneva). This includes UST, BIS, IMF, and almost every other Major Bank in Europe, The Americas, Africa, Asia and most if not all of South American Banks and Financial Institutions.
* Since we have never seen this before, it still remains a mystery how the International Banking Community could keep 154 Exotic currencies off the Boards Listed at 00.0000 Buy / 00.0000 Sell and not in the Exotic trading community, for 19 Business trading days, is still beyond our comprehension . One would think at some point it would reach the Financial sector, or they would at least discuss the matter publicly in the International Community. Talk about Banking & Media Control. Jeeses Lawissese.
* Analysis - Still UN-known.
* Conclusion - UN-known at this point - Extremely Unusual Banking Activity.
--from an undisclosed source

Love & blessings,
Sharyn

[Pamela Vicik-Smith]

I have also been following Kerry Cassidy's posts the past week and a half and wondered if there is a connection between what her insider is saying and the video released today.

On the CMN site, there was another video which was more or less a continuation of the Global Currency video. However, this video was about cold fusion and how it is a reality now. There are plans to bring this technology into the open this year - possibly within the next few months if all goes well.

This is only the first day of the year, but I have a feeling it will be a year we will never forget.