Monday, October 13, 2008

The Economic Crisis is Now Serious

"Congress urges swift bank rescue; Purchase of stakes called vital to loosen credit; Democrats want $150b post-election stimulus; EU to inject billions of euros to spur lending" by Bryan Bender, Globe Staff | October 13, 2008

WASHINGTON - The worldwide stock slide continued yesterday as the Tel Aviv Stock Exchange in Israel fell about 8 percent after reopening after a four-day holiday hiatus.

There is rising concern that the crisis will have detrimental effects on some of the world's poorest nations, who are facing rising food and fuel prices and rely heavily on the world's wealthiest nations for low-interest loans, direct foreign aid, and shipments of food, medicine and other humanitarian supplies.

The World Bank president, Robert Zoellick, said yesterday that 28 countries are at particular risk. "For the poor, the costs of the crisis could be lifelong," he said yesterday. Paulson voiced similar concerns yesterday, predicting in a statement that the crisis will have "major ramifications for emerging markets and the poorest countries."

He called on the international community to "stand ready to deploy their resources to mitigate the impact of this crisis." --more--"

As if!!!!!

"On Dec. 10, 1974, the U.S. National Security Council under Henry Kissinger completed a classified 200-page study, "National Security Study Memorandum 200: Implications of Worldwide Population Growth for U.S. Security and Overseas Interests." The study falsely claimed that population growth in the so-called Lesser Developed Countries (LDCs) was a grave threat to U.S. national security. Adopted as official policy in November 1975 by President Gerald Ford, NSSM 200 outlined a covert plan to reduce population growth in those countries through birth control, and also, implicitly, war and famine. Brent Scowcroft, who had by then replaced Kissinger as national security adviser (the same post Scowcroft was to hold in the Bush administration), was put in charge of implementing the plan. CIA Director George Bush was ordered to assist Scowcroft, as were the secretaries of state, treasury, defense, and agriculture...."

NSSM 200 similarly concluded that the United States was threatened by population growth in the former colonial sector. It paid special attention to 13 "key countries" in which the United States had a "special political and strategic interest": India, Bangladesh, Pakistan, Indonesia, Thailand, the Philippines, Turkey, Nigeria, Egypt, Ethiopia, Mexico, Brazil, and Colombia....

"It is questionable," Kissinger gloated, "whether aid donor countries will be prepared to provide the sort of massive food aid called for by the import projections on a long-term continuing basis." Consequently, "large-scale famine of a kind not experienced for several decades—a kind the world thought had been permanently banished," was foreseeable—famine, which has indeed come to pass."

See: Kissinger's 1974 Plan for Food Control Genocide

Sort of funny how things are just working out that way, huh?