The initiative was named for United States Secretary of State George Marshall and was largely the creation of State Department officials, especially William L. Clayton and George F. Kennan. The reconstruction plan was developed at a meeting of the participating European states on July 12, 1947.
The Marshall Plan offered the same aid to the Soviet Union and its allies, if they would make political reforms and accept certain outside controls. However the Soviet Union rejected this proposal with Vyacheslav Molotov describing the plan as dollar imperialism.
The plan was in operation for four years beginning in July 1947. During that period some $13 billion of economic and technical assistance was given to help the recovery of the European countries that had joined in the Organization for Economic Co-operation and Development.
By the time the plan had come to completion, the economy of every participant state, with the exception of Germany, had grown well past pre-war levels. Over the next two decades, many regions of Western Europe would enjoy unprecedented growth and prosperity.
The Marshall Plan has also long been seen as one of the first elements of European integration, as it erased tariff trade barriers and set up institutions to coordinate the economy on a continental level. An intended consequence was the systematic adoption of American managerial techniques.
Wikipedia article: http://en.wikipedia.org/wiki/Marshall_Plan
Global Marshall Plan Initiative: http://www.globalmarshallplan.org/«
July 13, 2011Serendipity at it's best... see .. Gimme Shelter Radio ~ 11:00 pm., est. Wednesday, July 13, 2011 "Going Global...East Meets West...The Global Marshal Plan" ...
On Sunday July 10th I did the show "Bottom Line" and on that show I told everyone about the "National Infrastructure Bank" that Lakehouse had written about back in September 2010.
Here is that show:
http://www.blogtalkradio.com/phoenix3333/2011/07/11/the-bottom-line
And then .. the very next day...Obama brings up this very topic...after being silent on that topic for many months....serendipity at it's best.
"This was in Obama's speech the day after we did the show on the National Infrastucture Bank"
Obama's Speech on Monday July 11th.
Snip from Q and A ~ "What we can do is to solve this underlying debt and deficit problem for a long period of time so that then we can get back to having a conversation about, all right, since we now have solved this problem, that’s not — no longer what’s hampering economic growth, that’s not feeding business and uncertainty, everybody feels that the ground is stable under our feet, are there some strategies that we could pursue that would really focus on some targeted job growth
Infrastructure being a primary example.
I mean, the infrastructure bank that we’ve proposed is relatively small. But ..could we imagine a project where we’re rebuilding roads and bridges and ports and schools and broadband lines and smart grids, and taking all those construction workers and putting them to work right now? I can imagine a very aggressive program like that that I think the American people would rally around and would be good for the economy not just next year or the year after, but for the next 20 or 30 years."
Link ~ Full text:
http://historymusings.wordpress.com/2011/07/11/full-text-president-obamas-press-conference-debt-ceiling-talks-republican-congressional-leaders/
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Development Banks: Asia Development Bank, Islamic Development Bank, U.S. Infrastructure Bank ...
*** Prep work for collecting taxes ~ Snip ~ Wednesday, June 22, 2011 - Federal Reserve 'Embeds' Employees in Banks ~ The Regulator Down the Hall ... Fed and Comptroller of Currency Bolster the Ranks of Staffers 'Embedded' at Nation's Biggest Banks ... Memo to employees at big Wall Street banks and securities firms: Be careful what you say on the elevator. Link ~ *** Federal Reserve 'Embeds' Employees in Banks ... also, this goes hand in hand ~ Links ~ Articles of Interest ~ IRS: Banking, Fincen, Tax Evasion ...
_U.S.A. Infrastructure Bank and planning for millions of jobs_
July 11th ~ WOW ~ The Blueprint for Western Energy Prosperity
June 25th ~ Infrastructure Bank? Smartest investments? ... and related articles ~ American Recovery and Reinvestment Act ...
June 29th ~ Interesting ~ Jobs, Jobs, Jobs! ~ Bill Clinton's Group Offers Recipe for Economy
May 7th ~ Obama asks Congress for 30 billion dollars for small firms ~ He first called for the fund in his January State of the Union address ...
and more related articles ~Tuesday - Obama eyes bank bailout funds to create jobs, help businesses get loans; speech on Tuesday
Obama Urges Major New Stimulus, Jobs Spending
U.S. Biden predicts job growth of up to 500,000 in coming months ...
May 16th (what's the hold up? tax laws need to be put into place, imo kel) U.S. Set To Reach $14.3 Trillion ‘Debt Ceiling’ ~ Boehner wants to make a deal ~ Think Tank Report Due Monday ...
_Marshall Plan_
Snip~ White House officials have billed Thursday's speech at the U.S. state department as a "major address." It comes days after days after Gen. Jim Jones, a former Obama national security adviser, suggested a new Marshall Plan for emerging democracies in the Middle East and Northern Africa — a reference to the strategy for revitalizing Europe led by the secretary of state under President Harry Truman, Army Gen. George C. Marshall. Link ~ A Marshall plan for the Middle East?
More Related Links ~May 2011 ~ US expected to cancel $1 billion of Egypt's debt - Marshall Plan ... and ..Related articles ~ GCC Fund to help Bahrain and Oman ~ Marshall Plan ... & Marshall-style plan to assist Bahrain and Oman ~ Gulf states to aid unrest-hit Bahrain, Oman ... July 2011 ~ More than US$ 716 Million for Financing New Development Projects in the Muslim World
Snip ~ Asian Development Bank ~ May 3rd, 2011 ~ HA NOI, VIET NAM --( ADB )-- Finance ministers from France and Japan will join top officials from the Asian Development Bank (ADB) and International Monetary Fund (IMF) and other key Asian policymakers at a high-level seminar here later this week to discuss reforming the international monetary system to promote greater global monetary and financial stability. May 3rd working together ... Link ~ _*** Huge ~ Vietnam - May 4th Joint Meeting ~ ADB, G20 Ministers, IMF to Discuss International Monetary System in High-Level Panel
