Ellen Brown "S&P Downgrade all part of the plan" [Archive]

mick silver

20th August 2011, 10:55 AM

"[A]fter the market close on Friday August 5th, we received word that S&P CEO Deven Sharma h ad taken control (http://smartinvestor.in/market/story-83890-storydet-Indias_Deven_Sharma_led_SPs_US_downgrade_decision. htm)of the ratings agency and personally led the push for a U.S. downgrade. There is a lot of evidence that he has deliberately tried t o trash the U.S. economy (http://www.broowaha.com/articles/10418/standard-poor). Even after discovering that the S&P debt calculations were off by $2 trillion, Sharma made the decision to go ahead with the unethical downgrade. This is a guy who was a key co ntributor (http://disc.yourwebapps.com/discussion.cgi?disc=149495;article=124696;title=AP FN)at the 2009 Bilderberg Summit that organized 120 of the world's richest men and women to push for an end to the dollar as the global reserve currency.
"[T]hrough his writings on 'competitive strategy' S&P CEO Sharma considers the United States the PROBLEM in today's world, operating with what he implies is an unfair and reckless advantage. The brutal reality is that for 'globalization' to succeed the United States must be torn asunder . . ."

Also named by Schwarz as a suspect in the market manipulations was Michel Barnier, head of European Regulation. Barnier triggered an alarming 513-point drop in the Dow on August 4, when he blocked the plan of Hans Hoogervorst, newly appointed Chairman of the International Accounting Standards Board, to save Europe by adopting a new rule called IFRS 9. The rule would have eliminated mark-to-market accounting of sovereign debt from European bank balance sheets. Schwarz writes:
"We all should be experts on the dangers of mark-to-market accounting after observing the U.S. banking crisis of 2008/2009 and the Great Depression in the 1930s. Mark-to-market was repealed at 8:45 a.m on April 2, 2009, which finally put a stop to the short term liquidity crisis and at the same time ushered in a stock market recovery. Banks no longer had to raise capital as long term stability was brought back to the system. The exact same scenario would have happened in 2011 Europe under Hoogervorst's plan. Without the threat of failure by those banks who hold high amounts of euro sovereign debt, investors would be free to move on from the European crisis and the stock market could resume its fundamental course."
Schwarz notes that Barnier, like Sharma, was a confirmed attendee at past Bilderberger conferences. What, then, is the agenda of the Bilderbergers?

The One World Company
Daniel Estulin, noted expert on the Bilderbergers, describes that secretive globalist group as " a medium of bringing together financial institutions which are the world's most powerful and most predatory financial interests." Writing (http://www.domasjefferson.com/news/b...a-moles-inside) in June 2011, he said:
"Bilderberg isn't a secret society. . . . It's a meeting of people who represent a certain ideology. . . . Not OWG [One World Government] or NWO [New World Order] as too many people mistakenly believe. Rather, the ideology is of a ONE WORLD COMPANY LIMITED."
It seems the Bilderbergers are less interested in governing the world than in owning the world. The "world company" was a term first used at a Bilderberger meeting in Canada in 1968 by George Ball, U.S. Undersecretary of State for Economic Affairs and a managing director of banking giants Lehman Brothers and Kuhn Loeb. The world company was to be a new form of colonialism, in which global assets would be acquired by economic rather than military coercion. The company would extend across national boundaries, aggressively engaging in mergers and acquisitions until the assets of the world were subsumed under one privately-owned corporation, with nation-states subservient to a private international central banking system.
Estulin continues:
"The idea behind each and every Bilderberg meeting is to create what they themselves call THE ARISTOCRACY OF PURPOSE between European and North American elites on the best way to manage the planet. In other words, the creation of a global network of giant cartels, more powerful than any nation on Earth, destined to control the necessities of life of the rest of humanity.

". . . This explains what George Ball . . . said back in 1968, at a Bilderberg meeting in Canada: 'Where does one find a legitimate base for the power of corporate management to make decisions that can profoundly affect the economic life of nations to whose governments they have only limited responsibility?'"
That base of power was found in the private global banking system. Estulin goes on: