Poverty, the north south divide, migration, terror, wars, cultural conflicts, and environmental catastrophes are all problems, which can no longer be resolved nationally under the conditions of a widely unregulated globalization process.Therefore, we need an improved and binding global framework for the world economy, that brings economy into harmony with society, culture, and environment.The unpaid debt will lead to bankruptcy of banks, which will have to be nationalized, and the State will have to take the road which will eventually lead to communism.
Early on, Paulson put 5 billion in the nine largest banks, including billion for his old firm, Goldman Sachs.However, if we compare the value of the equity share that 5 billion bought with the market price of those banks' stock, US taxpayers have paid 5 billion for bank stock that a private investor could have bought for .5 billion, according to a detailed analysis from Ron W.Ye have heaped treasure together for the last days.Behold, the hire of the labourers who have reaped down your fields, which is of you kept back by fraud, crieth: and the cries of them which have reaped are entered into the ears of the Lord of sabaoth.I also believe that this failure of the current system is one of the final events leading to the beginning of the time of great tribulation and the rise of the man of sin.
Greed has fueled the fire and now soon the cushion of wealth that we have known will be changed, forcing a decision upon everyone.
In order to create a World in Balance a worldwide Eco-Social Market Economy with globally binding social, ecological, and cultural standards is required.
In addition to the creation of fair competitive conditions in the agricultural sector and improved North-South cooperation in this sector as well as reasonable methods of debt relief for the less and least developed countries, the Global Marshall Plan focuses on new financial funding sources.
It has made a grave situation into a globally alarming one.
'Spitting into the wind' A case in point is the secretive manner in which Paulson has used the 0 billion in taxpayer funds voted him by a labile Congress in September.
Some stories will be archived there, but for the most part anything from November 2008 and before will remain here.