Brookings Institution

Nicholas West ~ Council On Foreign Relations Plan For Global Governance In 2013

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Activist Post | December 29 2012

Council of Councils Members

Brookings InstitutionIt is incredible that mention of a one-world government in many circles is still considered to be conspiracy talk. Fortunately, the global political awakening that arch-globalist Zbigniew Brzezinski has referred to is forcing ever-increasing justifications for their use of globalist language.

One would hope that a relatively new Council on Foreign Relations initiative that is expanding can lay to rest any debate about the desire to form a global government in the name of supposedly solving global problems.

The initiative called The Council of Councils was featured in a recent round table discussion of the central problems facing the world that they believe require multilateral cooperation. The discussions and recommendations released from this convention of experts is important to keep available the next time you hear the label conspiracy theorist hurled in your direction. The title of the round table was Challenges for Global Governance in 2013.

Just as we have seen from other think tanks such as the Project For a New American Century, The Royal Society, and the Brookings Institution, among others; their thoughts translate to reality on a less-than-coincidental frequency, so we would do well to listen to what they are saying.

The Council of Councils initiative was announced in March, 2012 and clearly identifies a strategy for forming alliances across a series of shared concerns as set forth by the CFR. It is important to note from the beginning that the CFR bills itself as non-partisan; and here is where the uninitiated can immediately be tripped up. Non-partisan sounds like a good thing, going beyond typical party divisions, while striking a note that rings of independence and an objective search for the truth.

However, when one understands that in their own words, “The founding membership of the Council of Councils includes leading institutions from nineteen countries, roughly tracking the composition of the Group of Twenty (G20),” we begin to get an inkling that their version of non-partisan means that they are flexible in their use of whatever political language is expedient to get results that go beyond any concept of nationalism.

The party of the CFR is the One World Party.

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Too Big to Jail

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by Robert Scheer (Truthdig) | Common Dreams
November 3 2011

Can we all agree that a $1 billion swindle represents a lot of money, and the fact that Citigroup agreed last week to pay a $285 million fine to settle SEC charges for “misleading investors” demonstrates a damning admission of culpability?

Former Citigroup Chief Executive Officer Charles Prince, left, and former Treasury Secretary Robert Rubin

So why has Robert Rubin, the onetime treasury secretary who went on to become Citigroup chairman during the time of the corporation’s financial shenanigans, never been held accountable for this and other deep damage done to the U.S. economy on his watch?

Rubin’s tenure atop the world of high finance began when he was co-chairman of Goldman Sachs, before he became Bill Clinton’s treasury secretary and pushed through the reversal of the Glass-Steagall Act, an action that legalized the formation of Citigroup and other “too big to fail” banking conglomerates.

Rubin’s destructive impact on the economy in enabling these giant corporate banks to run amok was far greater than that of swindler Bernard Madoff, who sits in prison under a 150-year sentence while Rubin sits on the Harvard Board of Overseers, as chairman of the Council on Foreign Relations and as a leader of the Brookings Institution’s Hamilton Project.

Rubin was rewarded for his efforts on behalf of Citigroup with a top job as chairman of the bank’s executive committee and at least $126 million in compensation. That was “compensation” for steering the bank to the point of a bankruptcy avoided only by a $45 billion taxpayer bailout and a further guarantee of $300 billion of the bank’s toxic assets.

Those toxic assets and other collateralized debt obligations and credit default swaps were exempted from government regulation by the Commodity Futures Modernization Act, which Rubin helped design while he was treasury secretary and which was turned into law when Rubin protégé Lawrence Summers took over that Cabinet post.

In arguing that the derivatives market in housing mortgages and other debt obligations required no government oversight, Summers told Congress, “First, the parties to these kinds of contracts are largely sophisticated financial institutions that would appear to be eminently capable of protecting themselves from fraud and counterparty insolvencies. … Second, given the nature of the underlying assets—namely supplies of financial exchange and other financial instruments—there would seem to be little scope for market manipulation. …”

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