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
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
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.