Director | December 17, 2008
The Foreign Response As Secretary Paulson announced the TARP bailout plan, the world economy appeared to freeze. Construction projects around the world were cancelled, world shipping declined to record low levels, foreign banks announced losses, Iceland went into bankruptcy. All eyes turned to Communist China for demand stimulus to keep the game going, but China […]
Category: Global Economy |
12 Comments »
Tags: Barack Obama, carbon tax, Communist China, Federal Reserve banks, gangster capitalism, global economic crisis, Gordon Brown, Henry Paulson, Miguel D'Escoto, Millennium Development Task Force, new world order, Nicolas Sarkozy, shariah banking, TARP bailout, Vladimir Putin
Director | December 16, 2008
Background The era of global cooperation between Communism and monopoly capitalism begin with Khrushchev¹s announcement in 1959 that the Soviet Union would no longer play the leading role in the Communist world takeover but would allow each Communist country to develop in the way it wanted. In the late 1970s, following the Great Leap Forward […]
Category: Global Economy |
18 Comments »
Tags: Bill Clinton, China, Communism, credit crisis, global economic war, global financial crisis, Henry Paulson, Nancy Pelosi, new world order, Robert Rubin, TARP bailout, United Nations
