China has not lived up to any other trade agreements over the last decade... They don't have any compliance or enforcement.
quote by David Bonior
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Related quotes
Living In China
They got the red book, they got the new look
All the little people that are living in china
They got the answers to all the questions
All the little people that are living in china
The solution is revolution
For all of the little people that are living in china
They got ping pong egg foo yung
For all the little people that are living in china
What would chairman mao say, if he knew what theyre doing to his wife today
What did china do? she ordered out for submarines instead of chinese food
China fields of rice, modern man no longer evil hes a paradise
What did the chairman want?
A great big wall they could all watch orientals on
They got the red book, they got the new look
The little people that are living in china
They got the answers to all the questions
The little people that are living in china
The solution is revolution
For all the little people that are living in china
They got ping pong egg foo yung
All the little people that are living in china
What would chairman mao say
If he knew what his people think of him today
Revolution is out of hand
The gang of four, trying to make it as a western band
China, what do you need
Youve got everything from your scruffy head to dirty feet
China you want to dance
Youre wearing makeup and listening to adam and the ants
They got the new look, they got the red book,
All the little people that are living in china
They got the answers to all the questions
All the little people that are living in china
The solution is revolution
For all the little people that are living in china
They got ping pong egg foo yung
The little people that are living in china
The solution is revolution
They got the answers to all the questions
All the little people that are living in china
China, living in china
China, living in china
China, living in china
song performed by Men Without Hats
Added by Lucian Velea
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China
(ian hunter)
(transcribed by colin ford
China, china, the evenings moving in
See you, soon now, the boat moves with the wind
China, china, I can see the harbour lights
Light your, fire, well be warm tonight
China, china, the thoughts drift from the sea
Im dreaming, of you, wear your dress for me
China, china, the oceans on the wheel(? )
The seagulls flying lower now
China I can feel you by my side
Across the bay, across the tyne
Can you hear me say
China, china, wear your hair down low
Lady, lady, youre frozen to the bone
China, china, the catch was good today
The oilskins clinging to my back
And the lantern gently sways
Oh dont you cry, the kids to bed
Didnt mean the things I said
China, china, the years go rolling by
Laughter, sorrow, I will not make you cry
China, china, think before you speak
Always remember the ocean hauls as deep
And if Im tired of feeling low
Dont let me sleep, you know
China, china, the men are on the quay
Drinking, smoking, talking quietly
The waters calmer now
All my work is done
So china, see ya.
song performed by Ian Hunter
Added by Lucian Velea
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China (Ronson Vocal)
China, China, the evening's moving in
See you, soon now, the boat moves with the wind
China, China, I can see the harbour lights
Light your, fire, we'll be warm tonight
China, China, the thoughts drift from the sea
I'm dreaming, of you, wear your dress for me
China, China, the oceans on the wheel(?)
The seagulls flying lower now
China I can feel you by my side
Across the bay, across the Tyne
Can you hear me say
China, China, wear your hair down low
Lady, Lady, you're frozen to the bone
China, China, the catch was good today
The oilskins clinging to my back
And the lantern gently sways
Oh don't you cry, the kids to bed
Didn't mean the things I said
China, China, the years go rolling by
Laughter, sorrow, I will not make you cry
China, China, think before you speak
Always remember the ocean hauls as deep
And if I'm tired of feeling low
Don't let me sleep, you know
China, China, the men are on the quay
Drinking, smoking, talking quietly
The water's calmer now
All my work is done
So China, see ya.
song performed by Ian Hunter
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The Symphony
"O Trade! O Trade! would thou wert dead!
The Time needs heart -- 'tis tired of head:
We're all for love," the violins said.
"Of what avail the rigorous tale
Of bill for coin and box for bale?
Grant thee, O Trade! thine uttermost hope:
Level red gold with blue sky-slope,
And base it deep as devils grope:
When all's done, what hast thou won
Of the only sweet that's under the sun?
Ay, canst thou buy a single sigh
Of true love's least, least ecstasy?"
Then, with a bridegroom's heart-beats trembling,
All the mightier strings assembling
Ranged them on the violins' side
As when the bridegroom leads the bride,
And, heart in voice, together cried:
"Yea, what avail the endless tale
Of gain by cunning and plus by sale?
Look up the land, look down the land
The poor, the poor, the poor, they stand
Wedged by the pressing of Trade's hand
Against an inward-opening door
That pressure tightens evermore:
They sigh a monstrous foul-air sigh
For the outside leagues of liberty,
Where Art, sweet lark, translates the sky
Into a heavenly melody.
`Each day, all day' (these poor folks say),
`In the same old year-long, drear-long way,
We weave in the mills and heave in the kilns,
We sieve mine-meshes under the hills,
And thieve much gold from the Devil's bank tills,
To relieve, O God, what manner of ills? --
The beasts, they hunger, and eat, and die;
And so do we, and the world's a sty;
Hush, fellow-swine: why nuzzle and cry?
"Swinehood hath no remedy"
Say many men, and hasten by,
Clamping the nose and blinking the eye.
But who said once, in the lordly tone,
"Man shall not live by bread alone
But all that cometh from the Throne?"
Hath God said so?
But Trade saith "No:"
And the kilns and the curt-tongued mills say "Go!
There's plenty that can, if you can't: we know.
Move out, if you think you're underpaid.
The poor are prolific; we're not afraid;
Trade is trade."'"
[...] Read more
poem by Sidney Lanier
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Gioconda And Si-Ya-U
to the memory of my friend SI-YA-U,
whose head was cut off in Shanghai
A CLAIM
Renowned Leonardo's
world-famous
"La Gioconda"
has disappeared.
And in the space
vacated by the fugitive
a copy has been placed.
The poet inscribing
the present treatise
knows more than a little
about the fate
of the real Gioconda.
She fell in love
with a seductive
graceful youth:
a honey-tongued
almond-eyed Chinese
named SI-YA-U.
Gioconda ran off
after her lover;
Gioconda was burned
in a Chinese city.
I, Nazim Hikmet,
authority
on this matter,
thumbing my nose at friend and foe
five times a day,
undaunted,
claim
I can prove it;
if I can't,
I'll be ruined and banished
forever from the realm of poesy.
1928
Part One
Excerpts from Gioconda's Diary
15 March 1924: Paris, Louvre Museum
At last I am bored with the Louvre Museum.
[...] Read more
poem by Nazim Hikmet
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China
(jack hues / nick de spig)
China, china, on the sea shore
China, china, on the dance floor
China, china, I must have seen your face before
Ive been to cairo and Ive been to khartoum
Ive seen them places from my rented room
Ive been to paris and Ive been to marseille
But that was nothing till I got to cathay
Ive been to new york and Ive been to l.a.
Ive been to delhi and Ive been to bombay
Ive been to venice and Ive been to rome
But now its peking that I think of as home
China, china, on the sea shore
China, china, on the dance floor
China, china, theres no finer place on earth
China, china, I must have seen your face before
song performed by Wang Chung
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Tibet
Tibet..
All reflected glories some are china come against Japan. China grasping greed as pick up Tibet for long and till now is law.
Venal official claim their own country lands.
China value china olden lands the fishing island which stand near the seas of Japan..
China says they own the fishing island.
Fishing island has change of owner countries for several times. Ok logically pick up fishing island regain their china lands.
Fishing islands back to china all as china grasping greed.
There are sin and china capture Tibet from DALA LAMA.
DALA LAMA and his precedents own and charge Tibet at the older next turns.
Now china arms are strong and all their policies may drum at the worlds but first is Japan which is this chesses and capturing cards.
One should love their country soils but fair for other countries.
Free the Tibet.
Free the Tibet before picking up fishing island and Japan seas that flowed near.
China deaden sounds are gongs and drums.
Get into deathful ends are creepy ways.
China matches are long are sad.
Only saints should lives every more.
China sins are then sinning.
Polar moods are wars are killing forces.
Give the Tibet back to old Tibet leaders all are rights.
---Cheung Shun Sang=Cauchy3---
poem by Cheung Shun Sang
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Violence Of Summer
Hey!, pick it up
This'll get you out.. of your head
China's heading up, by the ratings on a motion
She goes with a real head biker, he's a metalhead
She looks me up and down talkin' dirty eyes
Sweet sayin' boy, baby i can lick you any time.
(keep it up)
(ha ha, that's right)
Here we go again...
Bit later...
I'm gonna run into 'em round the back
While all them guys break heads in the sugar shack
Don't give me drink, i don't wanna get too stoned
Then we're gonna see who's gonna take who home
The violence of summer, and love's taking over
It starts with desire, ends up under cover
Those lips will make me right..
You may look down but don't think twice (ooh-oh)
So death is on the way,
So what man? i still want to play....
(oh-oh yeah..)
One, two!
This'll get you out, of your money
This'll pick you up, let's go!
We'll take a ride, going south where her mother writes
For bad news catches up, we still got a little time
We made it all so far away,
One thing is sure, we shouldn't stay
I'll take it all - china gonna get the run around,
A run, a run around..
(chorus)
China,na china,na,na,na
China,na china,na,na,na
China,na china,na,na,na
China,na china,na,na
(chorus)
Mmmmmm
Loves taking over..
Yes loves taking over..
Loves taking over..
song performed by Duran Duran
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Tale XIX
THE CONVERT.
Some to our Hero have a hero's name
Denied, because no father's he could claim;
Nor could his mother with precision state
A full fair claim to her certificate;
On her own word the marriage must depend -
A point she was not eager to defend:
But who, without a father's name, can raise
His own so high, deserves the greater praise;
The less advantage to the strife he brought,
The greater wonders has his prowess wrought;
He who depends upon his wind and limbs,
Needs neither cork nor bladder when he swims;
Nor will by empty breath be puff'd along,
As not himself--but in his helpers--strong.
Suffice it then, our Hero's name was clear,
For call John Dighton, and he answer'd 'Here!'
But who that name in early life assign'd
He never found, he never tried to find:
Whether his kindred were to John disgrace,
Or John to them, is a disputed case;
His infant state owed nothing to their care -
His mind neglected, and his body bare;
All his success must on himself depend,
He had no money, counsel, guide, or friend;
But in a market-town an active boy
Appear'd, and sought in various ways employ;
Who soon, thus cast upon the world, began
To show the talents of a thriving man.
With spirit high John learn'd the world to
brave,
And in both senses was a ready knave;
Knave as of old obedient, keen, and quick,
Knave as of present, skill'd to shift and trick;
Some humble part of many trades he caught,
He for the builder and the painter wrought;
For serving-maids on secret errands ran,
The waiter's helper, and the ostler's man;
And when he chanced (oft chanced he) place to lose,
His varying genius shone in blacking shoes:
A midnight fisher by the pond he stood,
Assistant poacher, he o'erlook'd the wood;
At an election John's impartial mind
Was to no cause nor candidate confined;
To all in turn he full allegiance swore,
And in his hat the various badges bore:
His liberal soul with every sect agreed,
Unheard their reasons, he received their creed:
[...] Read more
poem by George Crabbe
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Tale XXI
The Learned Boy
An honest man was Farmer Jones, and true;
He did by all as all by him should do;
Grave, cautious, careful, fond of gain was he,
Yet famed for rustic hospitality:
Left with his children in a widow'd state,
The quiet man submitted to his fate;
Though prudent matrons waited for his call,
With cool forbearance he avoided all;
Though each profess'd a pure maternal joy,
By kind attention to his feeble boy;
And though a friendly Widow knew no rest,
Whilst neighbour Jones was lonely and distress'd;
Nay, though the maidens spoke in tender tone
Their hearts' concern to see him left alone,
Jones still persisted in that cheerless life,
As if 'twere sin to take a second wife.
Oh! 'tis a precious thing, when wives are dead,
To find such numbers who will serve instead;
And in whatever state a man be thrown,
'Tis that precisely they would wish their own;
Left the departed infants--then their joy
Is to sustain each lovely girl and boy:
Whatever calling his, whatever trade,
To that their chief attention has been paid;
His happy taste in all things they approve,
His friends they honour, and his food they love;
His wish for order, prudence in affairs,
An equal temper (thank their stars!), are theirs;
In fact, it seem'd to be a thing decreed,
And fix'd as fate, that marriage must succeed:
Yet some, like Jones, with stubborn hearts and
hard,
Can hear such claims and show them no regard.
Soon as our Farmer, like a general, found
By what strong foes he was encompass'd round,
Engage he dared not, and he could not fly,
But saw his hope in gentle parley lie;
With looks of kindness then, and trembling heart,
He met the foe, and art opposed to art.
Now spoke that foe insidious--gentle tones,
And gentle looks, assumed for Farmer Jones:
'Three girls,' the Widow cried, 'a lively three
To govern well--indeed it cannot be.'
'Yes,' he replied, 'it calls for pains and care:
But I must bear it.'--'Sir, you cannot bear;
Your son is weak, and asks a mother's eye:'
'That, my kind friend, a father's may supply.'
[...] Read more
poem by George Crabbe
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Meat City
Well I been meat city to see for myself
Well I been meat city to see for myself
Been meat city, been meat...
Just got to give me some rock n roll
People were dancing like theres no tomorrow
Meat city
Fingerlickin chickinpickin meat city shookdown u.s.a.
Pig meat city
Well I been the mountain to see for myself
Well I been the mountain to see for myself
Been the mountain, been the...
Just got to give me some rock n roll
Snake doctors shakin like theres no tomorrow
Freak city
Chickinsuckin mothertruckin meat city shookdown u.s.a.
Pig meat city
Well Im gonna china to see for myself
Well Im gonna china to see for myself
Gonna china gonna ...
Just got to give me some rock n roll
People were jumping like theres no tomorrow
Meat city
Fingerlickin chickinpickin meat city shookdown u.s.a.
Pig meat city
Well Im gonna china
Yes Im gonna china
Well Im gonna china
Yes Im gonna china
Im gonna china
Yes Im gonna china
Alright
song performed by Lennon John
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Meat City
Well!
I been meat city to see for myself,
Well, i been meat city to see for myself,
Been meat city, been meat city,
Just got to give me some rock and roll.
(!gip a kcuf)
People were dancing like there's no tomorrow, meat city.
Fingerlickin' chickinpickin', meat city shookdown u.s.a., yeah!
Pig meat city.
Well, i been the mountain to see for myself,
Well, i been the mountain to see for myself,
Been the mountain, been the mountain,
Just gotta give me some rock and roll.
Snake doctors shaking like there's no tomorrow, freak city.
Ooh!
Chickinsuckin', mothertruckin', meat city shookdown u.s.a.
Pig meat city.
Well, i'm gonna china to see for myself,
Well, i'm gonna china to see for myself,
Gonna china, gonna...
Just gotta give me some rock and roll.
People were jumpin' like there's no tomorrow, meat city, oh!
Fingerlickin' chickinpickin', meat city shookdown u.s.a.
Pig meat city.
Well, i'm gonna china, yes, i'm gonna china,
Well, i'm gonna china, yes, i'm gonna china,
Come on!
Uh, huh, huh, uh, uh, yeah, yeah,
Come on, yeah!
I'm gonna china,
Oh yeah! yeah!
Yes, i'm gonna china,
Alright! oh yeah!
song performed by Yoko Ono
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The Ghost - Book IV
Coxcombs, who vainly make pretence
To something of exalted sense
'Bove other men, and, gravely wise,
Affect those pleasures to despise,
Which, merely to the eye confined,
Bring no improvement to the mind,
Rail at all pomp; they would not go
For millions to a puppet-show,
Nor can forgive the mighty crime
Of countenancing pantomime;
No, not at Covent Garden, where,
Without a head for play or player,
Or, could a head be found most fit,
Without one player to second it,
They must, obeying Folly's call,
Thrive by mere show, or not at all
With these grave fops, who, (bless their brains!)
Most cruel to themselves, take pains
For wretchedness, and would be thought
Much wiser than a wise man ought,
For his own happiness, to be;
Who what they hear, and what they see,
And what they smell, and taste, and feel,
Distrust, till Reason sets her seal,
And, by long trains of consequences
Insured, gives sanction to the senses;
Who would not (Heaven forbid it!) waste
One hour in what the world calls Taste,
Nor fondly deign to laugh or cry,
Unless they know some reason why;
With these grave fops, whose system seems
To give up certainty for dreams,
The eye of man is understood
As for no other purpose good
Than as a door, through which, of course,
Their passage crowding, objects force,
A downright usher, to admit
New-comers to the court of Wit:
(Good Gravity! forbear thy spleen;
When I say Wit, I Wisdom mean)
Where (such the practice of the court,
Which legal precedents support)
Not one idea is allow'd
To pass unquestion'd in the crowd,
But ere it can obtain the grace
Of holding in the brain a place,
Before the chief in congregation
Must stand a strict examination.
Not such as those, who physic twirl,
Full fraught with death, from every curl;
[...] Read more
poem by Charles Churchill
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Tradewinds
(macdonald / salter)
Here I stand looking, looking around me
While all around me what do I see
Unhappy faces behind a painted smile
Heartache and loneliness dressed up in modern style
Unhappy people living in sin and shame
Reflections of myself, life is no easy game
Were caught in the trade winds
The trade winds of our time
Here I stand looking, looking around me
While all around me what do I see
Young girls wholl soon become
Streetwalkers in the night
Young boys, the restless breed
Looking for a fight
Children both rich and poor
Theyre searching for the truth
If they dont find it
God help tomorrows youth
Were caught in the trade winds
The trade winds of our time
Trade winds are blowing, blowing around me
While all around me what do I see
Hatred and jealousy
Brotherhood is dying
Love is the answer
But nobodys buying
Good people turning bad
Some dont but they are few
The winds are blowing
The choice is all up to you
Were caught in the trade winds
The trade winds of our time
Yes were caught up in the trade winds
The trade winds of our time
We are riding on the trade winds
The trade winds of our time
song performed by Rod Stewart
Added by Lucian Velea
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China Girl
I could escape this feeling with my China Girl
I feel a wreck without my little China Girl
I hear her heart beating loud as thunder
Saw they stars crashing
I'm a mess without my little China Girl
Wake up mornings where's my little China Girl
I hear her heart's beating loud as thunder
Saw they stars crashing down
I feel a-tragic like I'm Marlon Brando
When I look at my China Girl
I could pretend that nothing really meant too much
When I look at my China Girl
I stumble into town just like a sacred cow
Visions of swastikas in my head
Plans for everyone
It's in the whites of my eyes
My little China Girl
You shouldn't mess with me
I'll ruin everything you are
I'll give you television
I'll give you eyes of blue
I'll give you men who want to rule the world
And when I get excited
My little China Girl says
Oh baby just you shut your mouth
She says ... sh-sh-shhh
song performed by David Bowie
Added by Lucian Velea
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Slowcar To China
Shell take a slowcar to china
Shell pay the rent for the use of you
Shell take a slowcar to china
Shell pay the rent for the use of you tonight.
We are not afraid to love, but no new ideas
You almost get used to such things you know.
The mechanics on the phone again, we break down.
The others youd remember if I could spare some time.
In love with this elegant bitch
And here am I just a shy young fool
In love with this elegant bitch
She only sparkles at times for you tonight.
She forgets that we know,
She forgets who we are
I suppose the things I overheard were quite by chance
The only story I ever knew or cared for
Best left unheard I suppose, dont you?
You look for somewhere to start to look
Well take a slowcar to china
Everything that you need is here
Well take a slowcar to china
Everything that you need is here tonight.
I forgot not to call,
And now were out of love.
Shell take a slowcar to china
A little green worm inside my head
Shell take a slowcar to china
A little green worm inside my head tonight.
Theres nothing much to keep us alive, but dance.
All that she can say is goodbye. all things change I suppose
Well sing without voice, without heart and leave no address
I well never ever see you again. I know.
Dont take a slowcar to china
She needed nothing and no one so
Dont take a slowcar to china
She needed nothing and no one here tonight.
You will pay like before.
Always one step behind.
You will pay mr jones.
Always one step away.
Theres no one here to leave you behind but me.
song performed by Gary Numan
Added by Lucian Velea
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Virginia's Story
Elizabeth Gates-Wooten is my Grand mom.
She was born in Canada with her father and brothers.
They owned a Barber Shoppe.
I don't remember exactly where in Canada.
I believe it was right over the border like Windsor or Toronto.
I never knew exactly where it was.
When she was old enough she got married.
First, she married a man by the name of Frank Gates.
He was from Madagascar.
He fathered my mom and her brother and sister.
The boy's name was Frank Gates, Jr.
Two girls name were Anna and Agnes.
Agnes was my mother.
Frank Gates went crazy after the war
He drank a lot and died
Then grandma Elizabeth married a man by the name of Mr. Wooten.
He had a German name, but I don't think he was German.
She took his last name after they got married.
Then they moved to West Virginia in the United States.
Their son, Frank Gates Jr. Became a delegate in the democratic party.
He use to get into a lot of trouble because he liked to fight.
He was a delegate from the 1940's to 1970's.
He died of gout in the 1970's.
Anna was a maid and cook.
She baked cakes and stuff for people as a side line.
She had a hump on her back (scoliosis) .
She had to walk with a cane.
She could cook good though.
She did this kind of work all of her life, just like her mom, Elizabeth
They were both good cooks
They had a lot of money because they had these skills
Especially when people had parties.
Because they would make all of this food and then they would have left-overs.
We got to eat a lot of stuff we normally wouldn't get because of that.
When they cooked, they didn't use no measuring stuff, they would just use there hand.
My moms name was Agnes Barrie Gates.
She married James Wright and moved to Cleveland.
[...] Read more
poem by Talile Ali
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China Girl
China girl, I met you in the sea sand
You touched me with your cool hand
Your perfumes in the wind
China girl, your daddy tells you white lies
To keep it from my blue eyes
To know me is no sin
Chorus:
And I wont break you, china girl
If you take me into your world
Its been my good fortune to find you
China girl
Stolen flowers, are the sweetest in the mornin
the eastern sun is dawnin
your silks against my skin
China girl, take me to your jasmine place
Cool me with your subtle grace
To know me is no sin
Chorus:
And I wont break you, china girl
If you take me into your world
Its been my good fortune to find you
China girl
song performed by John Mellencamp
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China Girl
Pop/bowie
I could escape this feeling
With my china girl
Im just a wreck without
My little china girl
Id hear hearts beating
Loud as thunder
See the stars crashing
Im a mess without
My chlna girl
Wake up mornings theres
No china girl
Id hear hearts beating
Loud asthunder
Id see the stars crashing down
Id feel tragic
Like I was marlon brando
When Id look at my china girl
I could pretend that nothing
Really meant too much
When Id look at my china girl
Id stumble into town
Just like a sacred cow
Visions of swasticas in my head
And plans for everyone
Its in the white of my eyes
My little china girl
You shouldnt mess with me
Ill ruin everything you are
Ill give you television
Ill give you eyes of blue
Ill give you men who want
To rule the world
And when I get excited
My little china girl says
Oh jimmy just you
Shut your mouth
She says shhhh...
song performed by Iggy Pop
Added by Lucian Velea
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Death Of The Middle Class
Oligarchs and Banksters tighten financial screws
In a bold attempt to kill the global Middle Class
Heads of State unable/unwilling to halt this ruse
The “Great Depression of 1929” we soon surpass
ROTMS
By Andrew Gavin Marshall - Global Research
We now stand at the edge of the global financial abyss of a ‘Great Global Debt Depression, ’ where nations, mired in extreme debt, are beginning to implement ‘fiscal austerity’ measures to reduce their deficits, which will ultimately result in systematic global social genocide, as the middle classes vanish and the social foundations upon which our nations rest are swept away. How did we get here? Who brought us here? Where is this road leading? These are questions I will briefly attempt to answer.
At the heart of the global political economy is the central banking system. Central banks are responsible for printing a nation’s currency and setting interest rates, thus determining the value of the currency. This should no doubt be the prerogative of a national government, however, central banks are of a particularly deceptive nature, in which while being imbued with governmental authority, they are in fact privately owned by the world’s major global banks, and are thus profit-seeking institutions. How do central banks make a profit? The answer is simple: how do all banks make a profit? Interest on debt. Loans are made, interest rates are set, and profits are made. It is a system of debt, imperial economics at its finest.
In the United States, President Woodrow Wilson signed the Federal Reserve Act in 1913, creating the Federal Reserve System, with the Board located in Washington, appointed by the President, but where true power rested in the 12 regional banks, most notably among them, the Federal Reserve Bank of New York. The regional Fed banks were private banks, owned in shares by the major banks in each region, which elected the board members to represent them, and who would then share power with the Federal Reserve Board in Washington.
In the early 1920s, the Council on Foreign Relations was formed in the United States as the premier foreign policy think tank, dominated by powerful banking interests. In 1930, the Bank for International Settlements (BIS) was created to manage German reparations payments, but it also had another role, which was much less known, but much more significant. It was to act as a “coordinator of the operations of central banks around the world.” Essentially, it is the central bank for the world’s central banks, whose operations are kept ‘strictly confidential.’ As historian Carroll Quigley wrote:
'The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent private meetings and conferences. The apex of the system was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world’s central banks which were themselves private corporations.'
In 1954, the Bilderberg Group was formed as a secretive global think tank, comprising intellectual, financial, corporate, political, military and media elites from Western Europe and North America, with prominent bankers such as David Rockefeller, as well as European royalty, such as the Dutch royal family, who are the largest shareholders in Royal Dutch Shell, whose CEO attends every meeting. This group of roughly 130 elites meets every year in secret to discuss and debate global affairs, and to set general goals and undertake broad agendas at various meetings. The group was initially formed to promote European integration. The 1956 meeting discussed European integration and a common currency. In fact, the current Chairman of the Bilderberg Group told European media last year that the euro was debated at the Bilderberg Group.
In 1973, David Rockefeller, Chairman and CEO of Chase Manhattan Bank, Chairman of the Council on Foreign Relations and a member of the Steering Committee of the Blderberg Group, formed the Trilateral Commission with CFR academic Zbigniew Brzezinski. That same year, the oil price shocks created a wealth of oil money, which was discussed at that years Bilderberg meeting 5 months prior to the oil shocks, and the money was funneled through western banks, which loaned it to ‘third world’ nations desperately in need of loans to finance industrialization.
When Jimmy Carter became President in 1977, he appointed over two dozen members of the Trilateral Commission into his cabinet, including himself, and of course, Zbigniew Brzezinski, who was his National Security Adviser. In 1979, Carter appointed David Rockefeller’s former aide and friend, Paul Volcker, who had held various positions at the Federal Reserve Bank of New York and the U.S. Treasury Department, and who also happened to be a member of the Trilateral Commission, as Chairman of the Federal Reserve. When another oil shock took place in 1979, Volcker decided to raise interest rates from 2% in the late 70s, to 18% in the early 80s. The effect this had was that the countries of the developing world suddenly had to pay enormous interest on their loans, and in 1982, Mexico announced it could no longer afford to pay its interest, and it defaulted on its debt, which set off the 1980s debt crisis – collapsing nations in debt across Latin America, Africa and parts of Asia.
It was the IMF and the World Bank came to the ‘assistance’ of the Third World with their ‘structural adjustment programs’, which forced countries seeking assistance to privatize all state owned industries and resources, devalue their currencies, liberalize their economies, dismantle health, education and social services; ultimately resulting in the re-colonization of the ‘Third World’ as Western corporations and banks bought all their assets and resources, and ultimately created the conditions of social genocide, with the spread of mass poverty, and the emergence of corrupt national elites who were subservient to the interests of Western elites. The people in these nations would protest, riot and rebel, and the states would clamp down with the police and military.
In the West, corporations and banks saw rapid, record-breaking profits. This was the era in which the term ‘globalization’ emerged. While profits soared, wages for people in the West did not. Thus, to consume in an economy in which prices were rising, people had to go into debt. This is why this era marked the rise of credit cards fueling consumption, and the middle class became a class based entirely on debt.
In the 1990s, the ‘new world order’ was born, with America ruling the global economy, free trade agreements began integrating regional and global markets for the benefit of global banks and corporations, and speculation dominated the economy.
The global economic crisis arose as a result of decades of global imperialism – known recently as ‘globalization’ – and the reckless growth of– speculation, derivatives and an explosion of debt. As the economic crisis spread, nations of the world, particularly the United States, bailed out the major banks (which should have been made to fail and crumble under their own corruption and greed) , and now the West has essentially privatized profits for the banks, and socialized the risk. In other words, the nations bought the debt from the banks, and now the people have to pay for it. The people, however, are immersed in their own personal debt to such degrees that today, the average Canadian is $39,000 in debt, and students are graduating into a jobless market with tens to hundreds of thousands of dollars of student debt that they will never repay. Hence, we are now faced with a global debt crisis.
To manage the economic crisis, the G20 was established as the major international forum for cooperation among the 20 major economies of the world, including the major developing – or emerging – economies, such as India, Brazil, South Africa and China. At the onset of the financial crisis, China and Russia’s central banks began calling for the establishment of a global currency to replace the U.S. dollar as the world reserve currency. This proposal was backed by the UN and the IMF. It should be noted, however, that the Chinese and Russian central banks cooperate with the Western central banks through the Bank for International Settlements – which the President of the European Central Bank, Jean-Claude Trichet, recently said was the principle forum for “governance of central bank cooperation” and that the G20 is “the prime group for global economic governance.” In 2009, the IMF stated that the BIS “is the central and the oldest focal point for coordination of global governance arrangements.” The President of the European Union, appointed to the position after attending a Bilderberg meeting, declared 2009 as the “first year of global governance.” The 2009 Bilderberg meeting reported on the desire to create a global treasury, or global central bank, to manage the world economy. In 2009, prior to the Bilderberg meeting in fact, the G20 set in motion plans to make the IMF a global central bank of sorts, issuing and even printing its own currency – called Special Drawing Rights (SDRs) – which is valued against a basket of currencies. In May of 2010, the IMF Managing Director stated that “crisis is an opportunity, ” and while Special Drawing Rights are a step in the right direction, ultimately what is needed is “a new global currency issued by a global central bank, with robust governance and institutional features.” Thus, we see the emergence of a process towards the formation of a global central bank and a global currency, totally unaccountable to any nation or people, and totally controlled by global banking interests.
In 2010, Greece was plunged into a debt crisis, a crisis which is now spreading across Europe, to the U.K. and eventually to Japan and the United States. If we look at Greece, we see the nature of the global debt crisis. The debt is owed to major European and American banks. To pay the interest on the debt, Greece had to get a loan from the European Central Bank and the IMF, which forced the country to impose ‘fiscal austerity’ measures as a condition for the loans, pressuring Greece to commit social genocide. Meanwhile, the major banks of America and Europe speculate against the Greek debt, further plunging the country into economic and social crisis. The loan is granted, to pay the interest, yet simply has the effect of adding to the overall debt, as a new loan is new debt. Thus, Greece is caught in the same debt trap that re-colonized the Third World.
At the recent G20 meeting in Toronto, the major nations of the world agreed to impose fiscal austerity – or in other words, commit social genocide – within their nations, in a veritable global structural adjustment program. So now we will see the beginnings of the Great Global Debt Depression, in which major western and global nations cut social spending, create mass unemployment by dismantling health, education, and social services. Further, state infrastructure – such as roads, bridges, airports, ports, railways, prisons, hospitals, electric transmission lines and water – will be privatized, so that global corporations and banks will own the entirely of national assets. Simultaneously, of course, taxes will be raised dramatically to levels never before seen. The BIS said that interest rates should rise at the same time, meaning that interest payments on debt will dramatically increase at both the national and individual level, forcing governments to turn to the IMF for loans – likely in the form of its new global reserve currency – to simply pay the interest, and will thus be absorbing more debt. Simultaneously, of course, the middle class will in effect have its debts called in, and since the middle class exists only as an illusion, the illusion will vanish.
Already, towns, cities, and states across America are resorting to drastic actions to reduce their debts, such as closing fire stations, scaling back trash collection, turning off street lights, ending bus services and public transportation, cutting back on library hours or closing them altogether, school districts cutting down the school day, week or year. Simultaneously, this is occurring with a dramatic increase in the rate of privatizations or “public-private partnerships” in which even libraries are being privatized.
No wonder then, that this month, the Managing Director of the IMF warned that America and Europe, in the midst of the worst jobs crisis since the Great Depression, face an “explosion of social unrest.” Just yesterday, Europe experienced a wave of mass protests and social unrest in opposition to ‘austerity measures’, with a general strike in Spain involving millions of people, and a march on the EU headquarters in Brussels of nearly 100,000 people. As social unrest spreads, governments will likely react – as we saw in the case of the G20 in Toronto – with oppressive police state measures. Here, we see the true relevance of the emergence of ‘Homeland Security States’, designed not to protect people from terrorists, but to protect the powerful from the people.
So while things have never seemed quite so bleak, there is a dim and growing beacon of hope, in what Zbigniew Brzezinski has termed as the greatest threat to elite interests everywhere – the ‘global political awakening’. The global political awakening is representative of the fact that for the first time in all of human history, mankind is politically awakened and stirring, activated and aware, and that generally – as Zbigniew Brzezinski explains – generally is aware of global inequalities, exploitation, and disrespect. This awakening is largely the result of the information revolution – thus revealing the contradictory nature of the globalization project – as while it globalizes power and oppression, so too does it globalize awareness and opposition. This awakening is the greatest threat to entrenched elite interests everywhere. The awakening, while having taken root in the global south – already long subjected to exploitation and devastation – is now stirring in the west, and will grow as the economy crumbles. As the middle classes realize their consumption was an illusion of wealth, they will seek answers and demand true change, not the Wall Street packaged ‘brand-name’ change of Obama Inc., but true, inspired, and empowering change.
In 1967, Martin Luther King delivered a speech in which he spoke out against the Vietnam War and the American empire, and he stated that, “It seems as if we are on the wrong side of a world revolution.” So now it seems to me that the time has come for that to change.
Andrew Gavin Marshall is a Research Associate with the Centre for Research on Globalization (CRG) .
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