Saturday, October 22, 2011

Paul Volcker (video) Speaking at Soros "Bretton Woods" Event: Let’s Reform Global Finance

Bumped ..

April 13, 2011

Paul Volcker Speaking at Soros Event: Let’s Reform Global Finance

Media Research Center in March highlighted two little-known conferences, organized by George Soros, to discuss global reform and the future of international finance.

Although the conferences featured speeches from dozens of influential professors, editors, and politicians, MRC predicted the mainstream media would ignore it – and ignore it they basically did.

Left-of-center rag Politico took the time to report that former House Speaker Nancy Pelosi (D – CA) was absent from government shutdown negotiations because she had a more pressing appointment in Boston… and yet stopped short of admitting it was a Soros event.

Although videos of the conferences are posted online, the media continue to pretend that most of them don’t exist, so it’s no surprise most Americans don’t know anything about them. If you’re interested in watching the entire series on international finance, look here.

Of particular interest is this hour-long panel discussion between former Fed chairman Paul Volcker and George Soros. Volcker expresses optimism that French president Sarkozy – a fast emerging power player on the world stage – is interested in changing international monetary structure.

What would the new system look like? If left up to some of the panelists, this new world ord… ah… new global structure… will have less national sovereignty and more, you know, globally stuff:

Isn’t this great how university professors, hedge fund owners, finance media editors, and Federal Reserve alumni can meet at a conference to plan the future of “organized” and “disciplined” international banking, and the media don’t think you’re interested in seeing it?

The collective yawn from the American public has undoubtedly been the reaction Soros was hoping for. With the cat now safely out of the bag, the real planning can begin.