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 PROPHESIED CASHLESS SOCIETY: IT'S ALMOST HERE

BY HAL LINDSEY

Jan 30/09. When I read the headline to Jerome Corsi's story, "Economic meltdown excuse for 'new world'" at WorldNetDaily yesterday, my first thought was, "What took them so long?"

That thought was immediately followed by the realization that the timing is just about perfect. Corsi zeroed in on comments by Klaus Schwab, founder of the World Economic Forum in Davos, Switzerland – specifically, Schwab's comment that the global economic crisis was a "transformational crisis" useful in reshaping a "new world."

One of the scarier quotes in his piece was from a professor Nouriel Roubini who said the global banking system was "effectively insolvent," which, to my untrained ears, sounds a lot like "bankrupt."

The last time this happened was in 1933, forcing the federal government to ban private ownership of gold so it could be confiscated and used to satisfy the government's creditors.

That was the national bankruptcy that predicated the Great Depression, which allowed Franklin Delano Roosevelt's administration to ram through the socialist "New Deal" policies that economic historians say made the Depression both longer and deeper than it needed to be.

One of the first things I expect to see introduced as a consequence of this "transformational crisis" is the elimination of cash as a medium of exchange. This is a step that governments and banks have been trying to take for almost two decades without success.

There are good and logical reasons for the elimination of cash. It will essentially wipe out the cash dependent drug trade. It will remove the incentive behind most petty crimes. Paper money is dirty, spreads diseases and it is expensive to print and expensive to handle.

If the present economic crisis continues to spiral downward into a world depression, as experts reluctantly admit will happen, it can indeed be the "transformational crisis" that forces the world to accept a totally centralized control of a cashless society. All that remains, then, is for the anointed leader the Bible calls the antichrist to step forward and take over.

http://www.worldnetdaily.com/index.php?fa=PAGE.view&pageId=87455

 

AUSTRALIAN PM: TIME FOR A NEW WORLD ORDER

SYDNEY MORNING HERALD

Jan 31/09. KEVIN RUDD has denounced the unfettered capitalism of the past three decades and called for a new era of "social capitalism" in which government intervention and regulation feature heavily.

In an essay to be published next week, the Prime Minister is scathing of the neo-liberals who began refashioning the market system in the 1970s, and ultimately brought about the global financial crisis.

"The time has come, off the back of the current crisis, to proclaim that the great neo-liberal experiment of the past 30 years has failed, that the emperor has no clothes," he writes of those who placed their faith in the corrective powers of the market.

"Neo-liberalism and the free-market fundamentalism it has produced has been revealed as little more than personal greed dressed up as an economic philosophy. And, ironically, it now falls to social democracy to prevent liberal capitalism from cannibalising itself."

Mr Rudd writes in The Monthly that just as Franklin Roosevelt rebuilt US capitalism after the Great Depression, modern-day "social democrats" such as himself and the US President, Barack Obama, must do the same again.

He mocks neo-liberals "who now find themselves tied in ideological knots in being forced to rely on the state they fundamentally despise to save financial markets from collapse".

He advocates tighter regulation and policing of global finances, and identifies the immediate challenge as restoring global growth by 3 per cent of gross domestic product.

Mr Rudd singles out Thatcherism as a culprit, as well as the former Howard government.

FULL ARTICLE>>>>>>>>>      http://www.smh.com.au/news/national/time-for-new-world-order/2009/01/30/1232818725574.html

INTERESTING comparing these two articles 

HAL LINDEY>  “That was the national bankruptcy that predicated the Great Depression, which allowed Franklin Delano Roosevelt's administration to ram through the socialist "New Deal" policies that economic historians say made the Depression both longer and deeper than it needed to be.”

 

KEVIN RUDD> Mr Rudd writes in The Monthly that just as Franklin Roosevelt rebuilt US capitalism after the Great Depression, modern-day "social democrats" such as himself and the US President, Barack Obama, must do the same again.

 

 

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The One who is coming will come, He will not delay