CFR proposes abolition of state currencies

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Written by Chris Perver  
Tuesday, 08 May 2007 17:00

Link from my friends Darrell and Denese...

Benn Steil, the Director of International Economics at the Council on Foreign Relations, has proposed the world abolish its state currencies in favour of the creation of regional currencies such as the Euro and Amero, and possibly even a global currency, in the latest edition of the Foreign Affairs magazine. Steil believes that countries that seek to control their own currency are much of the cause of financial turmoil now being experienced in the world. In the article, he writes that national currencies and global markets do not mix, and that we should drop our currencies for the sake of economic stability. 

Quote: "The right course is not to return to a mythical past of monetary sovereignty, with governments controlling local interest and exchange rates in blissful ignorance of the rest of the world. Governments must let go of the fatal notion that nationhood requires them to make and control the money used in their territory. National currencies and global markets simply do not mix; together they make a deadly brew of currency crises and geopolitical tension and create ready pretexts for damaging protectionism. In order to globalise safely, countries should abandon monetary nationalism and abolish unwanted currencies, the source of much of today's instability.

The Council on Foreign Relations is one of the major organizations involved in the establishment of the New World Order, now going by the name of "Global Governance". The creation of a single currency is an essential step towards establishing that one world government. Baron Rothschild once said, "Give me control over a nation's currency, and I care not who makes its laws", for whoever controls the economy can control state policy as well. And we can see that in US President Bush's latest announcement, that he and Javier Solana, the High Representative for the European Common, Foreign and Security Policy, have agreed to set up a political body to oversee the integration of both the US and EU financial systems.

Quote: "Recognizing that the transatlantic economy remains at the forefront of globalization, and that the United States and the European Union are each other's most important economic partners, reflecting historical ties as well as a wide range of common fundamental values, such as the importance of free enterprise, rule of law, property rights, free trade, and competition, and the protection of health, safety and the environment for our citizens and workers;

The EU started out life as an economic agreement between several European states to pool their resources. Today, despite no consent given by its citizens, the European Union has the legal authority to dictate member state laws and fine them when they don't comply with EU regulations. We saw that authority manifested most recently when the EU threatened to punish Poland for its stand against the promotion of homosexuality in schools. The EU is also reason why Northern Ireland has legalized gay marriage. Another economic treaty similar to the one mentioned above has already been signed between the US, Canada and Mexico establishing a North American Union,  and once again without public consent. The reason why no consent was necessary is because the New World Order believes the idea of state sovereignty must go, if we are to live in a peaceful world. Patriotism, they say, is what keeps people fighting each other, and the only way to eliminate that is to eliminate state sovereignty. 

I do believe mankind probably does want to establish peace on this earth, but not peace through righteousness and truth. The UN building has that verse in Isaiah 2:4 written on the side of it, "They shall beat their swords into plowshares and their spears into pruning hooks, and nation shall not lift up sword against nation, neither shall they learn war any more". Global Governance may be man's final attempt to make peace. But those who read their Bibles know that the plan will ultimately fail. As Benn Steil states, the Bible hints in James 5:3 that one day gold will become worthless. This is why I disagree with some sites like WorldNetDaily promoting gold as a safe future to invest in. The Bible warns unbelievers that they are heaping together treasures for the last days, and that they shall cast their gold in the streets. It is only state governments that decide gold's value, and soon the world will have its cashless society where no man can buy or sell save he have the Mark, the name of the Beast or the number of his name, Revelation 13:17.

Isaiah 9:6-7 
For unto us a child is born, unto us a son is given: and the government shall be upon his shoulder: and his name shall be called Wonderful, Counsellor, The mighty God, The everlasting Father, The Prince of Peace. Of the increase of his government and peace there shall be no end, upon the throne of David, and upon his kingdom, to order it, and to establish it with judgment and with justice from henceforth even for ever. The zeal of the LORD of hosts will perform this.

Source Foreign Affairs, White House

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