Table of Contents
The Baby Boomers, the BRICS Group of Countries
The Creation of the New World Order
Table of Contents
1. The Conversation Page 3
2. The Baby Boomers Page 3
3. The White House Library Group Page 4
4. The Canadian Charter of Rights and Freedoms Page 4
5. The transfer of wealth to the BRICS group Page 5
6. The Iraq war Page 6
7. The collapse of the United States housing market
and banking system Page 8
8. Why the New World Order will fail Page 11
9. Bibliography Page 13
James Baker received the nomination for his Queens Counsel appointment on February 14, 1982. On their way home from a celebration dinner, he and a colleague, Thomas Crabtree, stopped at a friend’s house. I was a guest at the house, and the three of us had a conversation. We discussed a variety of issues including a developing retirement crisis. James Baker believed that the governments of Great Britain, the United States, France, Germany, Japan, Italy, and Canada had mismanaged the baby-boomers’ retirement programs causing them to become unstable. He said the White House Library Group had been established to seek a solution. He also spoke about the G-7 group’s 1981 decision to transfer their member countries wealth to new markets in the east. Although the conversation took place thirty-one years ago, I believe its subject matter is still relevant today.
The Baby Boomers
The governments of Great Britain, the United States, Canada, France, Germany, and Japan used their returning armed forces and their immigration programs to create their market economies at the end of World War 11. The market economies expanded and the next generation of workers became the largest work force in modern history. Today that work force is at the end of its service life—the baby-boomers are retiring.
In the United States alone, “Roughly 10 000 Baby Boomers will turn 65 today, and about 10 000 more will cross that same threshold every day and for the next 19 years.”
The baby-boomers began using their retirement programs four years ago. Since then approximately fourteen million, six hundred thousand have retired, and today, the United States is already in financial trouble.
According to work-force projections and according to forecasts for dependent population percentages in the United States:
The nation's elderly population--people ages 65 and older--will grow to 81 million in 2050, up from 37 million in 2005. … The dependency ratio-the number of working age, compared with the young and elderly will rise sharply, mainly because of growth in the elderly population. There were 59 children and elderly people per 100 adults of working age in 2005. That ratio will rise to 72 dependents per 100 adults of working age in 2050.”…“The working-age population, now 63% of the total, will decline to 58%.
Great Britain, Canada, France, Germany, Italy, and Japan have forecast similar work force projections and population percentages.
The White House Library Group
George Schultz became the United States Secretary of the Treasury in 1972. He and his successor William E. Simon noticed problems with the baby-boomers retirement programs, so in 1973 they invited senior financial officials from the United States, Great Britain, France, and West Germany to form a discussion group and seek a solution. The following year they invited a financial official from Japan to join them.
`These men were called the ‘Library group’ because they met informally in the library of the White House in Washington, DC.”
According to James Baker, the White House Library Group after several meetings determined that the baby boomers retirement programs were going to become insolvent and cause each of their economies to fail sometime within the first fifty years of the twenty-first century.
Without the informal meetings of the G-5 finance ministers there would have been no subsequent meetings of G-5 leaders. In 1975, French President Val’ery Giscard d’Estaing invited six heads of government [from West Germany, Italy, Japan, the United Kingdom and the United States] to an economic summit in Château de Rambouillet.”
In subsequent years the group of world leaders expanded to reflect economic and political developments: 1975 — the Group of Six (G6) evolved from the G5 when Italy joined the G5. : 1976 — the Group of Seven (G7) was created when Canada joined the G6. :
The Canadian Charter of Rights and Freedoms
British Columbia’s Attorneys General in 1981 established a number of discussion groups in Victoria. The attorneys general asked the groups to look at how the Canadian Charter of Rights and Freedoms might affect the governing of the province, and the administration of justice in the courts. They also asked the groups to find and develop ways and means of transferring some of Canada’s wealth to new markets overseas. James Baker spoke about the discussion groups during our conversation on February 14, 1982. He said the political leadership of Europe and others like them had decided in 1981 to transfer the wealth of the G-7 group of countries to new markets in the east. They neither knew how the transfer would be accomplished, nor did they know where the new markets would be established although both China and India looked good at the time. James Baker also said that other legal departments within the G-7 group of countries were actively searching for ways to transfer their countries wealth.
Six years after Canada had joined the G-7 group, on April 17, 1982, Pierre Trudeau signed the Canadian Charter of Rights and Freedoms. Previous to the signing, political power had been shared between Canadian citizens who paid the taxes and federal and provincial governments who collected the taxes and provided the personal services to every Canadian in accordance with their particular needs. Federal and provincial governments altered that relationship along with their legal obligations to Canadians when they signed the Charter document. To accomplish the alteration the Federal Government installed the population’s personal civil-rights inside the judicial system where they became known as collective rights. As Canadians began living in their communities without a legal guarantee of protection for their personal civil-rights, the system of governance changed from service to management and in accordance with the demands of the shrinking public purse. That is why the Canadian Government created the Charter document in the first place. The courts, for their part, stopped protecting civil-rights and began protecting the public purse. This in turn nullified the vote which caused the primary source of political power to switch from the population to the government and what it now saw as its public purse.
As Canada embraced its Charter of Rights and Freedoms, other governments within the G-7 group began to alter their systems of democracy. Like Canada, each government needed more control over their public’s purse. To gain control governments found ways to remove the legal protections of the population’s personal civil-rights. Political power switched from individual citizens to the public purse, and set up the scenario whereby governments could act without consideration of the population’s need for protection.
The Transfer of Wealth to the BRICS Group
As soon as the G-7 group had gained control over their public’s purse, they began to organize a transfer of money and wealth. The transfer could not have taken place had the primary source of political power remained with the common people. Transferring money along with other resources would have failed to protect either and would therefore have been illegal, but the common people no longer had the right of protection, so governments were free to do as they pleased, so they did. Eventually, government leaders within the G-7 group authorized a transfer of funds and wealth from the United States, England, Japan, Canada, France and Germany to Brazil, Russia, India, China and South Africa, the BRICS group. For example, in Canada hundreds of millions of dollars disappeared from the public purse during the gun registration and social services scandals. At the beginning of the United States second war in Iraq, twelve Hercules aircraft each flew a cargo of one billion dollars from the United States to Baghdad, Iraq. There the twelve billion dollars vanished. The BRICS group of countries used their newly acquired wealth to either strengthen or jump-start their market economies. Other than Russia and China, the BRICS countries have younger populations. They equal a developing work-force—not a retiring one.
The Iraq War
At the same time as they were authorizing the transfer of money and wealth to new markets overseas, the leaders of the G7 group were developing programs to sabotage their market economies from within. The United States second war in Iraq was one of those programs. The United States government fabricated the following information to justify their going to war:
* They said that Iraq had purchased weapons-grade yellow-cake-uranium from Niger, Africa.
* They also said they had discovered chemical weapons-grade rocket cylinders in Iraq.
* They also said that Iraq was seeking weapons of mass destruction, and that they were one part of an axis of evil.
As well, the United States government promoted the idea that war could spread democracy overseas. Other members of the G-8 group went along with the fabricated information—particularly Great Britain’s Tony Blair.
The United States army caused a power vacuum in Iraq by disbanding the Iraq army. That contributed to a rekindling of hatred and violence between the Sunni and Shea populations which is now spreading throughout the middle-east. Please, do not tell me that the leadership of the United States and their Generals did not completely understand that that was exactly what was going to happen. The notion of spreading democracy overseas is ludicrous. The second war in Iraq had three objectives:
* The first to cause damage to the United States economy.
* The second to create a regional war by stoking the flames of hatred between the Sunni and the Shea populations.
* The third to provide a smoke screen for the developing housing crisis and the developing collapse of the banking system.
The people of Iraq and the people of the United States have continued to suffer the consequences of the Bush doctrine. According to Linda Bilmes, a lecturer in public finance at Harvard’s Kennedy School of Government,
I think that if you go back to 2001, when the President took office, you can remember there was a surplus, a budget surplus of about $150 billion and the congressional budget office at the time was projecting that that surplus would continue over the next several years. And since then, things have unraveled in every possible dimension that you can measure and certainly across every metric that economists measure. The budget debt (sic) surplus has disappeared. Our national debt has gone from about $5.5 trillion to between $10 and $15 trillion, depending on how much of the bailout you count. Inflation is higher. Unemployment is higher. Four million manufacturing jobs have been lost. Five million people have lost their health insurance. And the more you look into it, the more you see the very severe economic consequences that have been the result of errors and poor judgment during the past eight years.
The collapse of the United States Housing Market
and Banking System
I have not noticed errors or poor judgment, but I did hear about the G-7 group’s campaign. Once members of the G7 group realized the retirement crises were going to cause their economies to fail, they developed a variety of politically generated programs to transfer political power from citizens to the public purse. That in turn altered the governments’ legal obligations to the citizenry leaving citizens without the protection of their personal civil-rights. Leaders of the G-7 group then authorized the transfer of their countries wealth to new markets in Brazil, Russia, India, China and South Africa, the BRICS group. The G-7 group developed and ran their programs throughout the seventies, and the eighties. In 1998--the Group of Eight (G8) was created when Russia joined the G7. The G-8 group then continued the program into the new millennium.
President Jimmy Carter began the removal of the protective checks and balances from the banking system when in 1980 he signed:
The Depository Institutions Deregulations and Monetary Control Act raising deposit insurance limit from $40,000 to $100,000, and phasing out ceilings on the interest rates that banks could offer their depositors. The higher insurance may have inspired excessive market confidence in banks (this is known as the "moral hazard" problem). The abolition of interest-rate limits may have increased competitive pressures.
He was followed by President Ronald Reagan who signed:
The Garne-St. Germaine Depository Institutions Act [on October 15,1982]. This act removed statutory restrictions on Real Estate lending, and relaxed limits on how much could be loaned to any one borrower.
The Garne-St. Germaine Depository Institutions Act established boundaries to include Ninja mortgages which contributed to the collapse of the United States housing market.
Vice President George H. W. Bush was assigned by Reagan to chair two special task forces, on deregulation and international drug smuggling. The deregulation task force reviewed hundreds of rules, making specific recommendations on which ones to amend or revise, in order to curb the size of the federal government.
During Reagan's presidency, a program was initiated within the US Intelligence community to ensure America's economic strength. The program, Project Socrates developed and demonstrated the means required for the US to generate and lead the next evolutionary leap in technology acquisition and utilization for a competitive advantage—automated innovation. … To ensure that the US acquired the maximum benefit from automated innovation, Reagan, during his second term, had an executive order drafted to create a new Federal agency to implement the Project Socrates results on a nationwide basis. However, Reagan's term came to end before the executive order could be coordinated and signed, and the incoming Bush administration, labeling Project Socrates as "industrial policy”, had it terminated.
George Herbert Walker Bush did not want Project Socrates to succeed because he had been working on a different agenda during his Vice-Presidency under President Reagan. Project Socrates was nothing more than a ‘Bait and Switch’ moment in American politics.
As to the international drug smuggling component of Vice President George Herbert Walker Bush`s task force, here is part of the simple truth. According to James D. Baker, on or about February 14, 1982, an attorney well known for the propensity of playing both sides of the fence flew from Vancouver International Airport to South America. He carried with him instructions from the government of British Columbia [unwritten of course] to enter into high level negotiations with some of the leading crime families. The government wanted to determine whether or not there were any areas of commonality where government and organized crime could work together for the common good. Other western style governments sent representatives to the meetings. The government wanted to create a more balanced society than the democratic one of the day.
President George H. W. Bush on October 28, 1992, signed,
The Federal Housing Enterprises Financial Safety and Soundness Act of 1992, (or FHEFSSA, Pub. L. 102-550; title XIII of the Housing and Community Development Act of 1982, 106 Stat. 3941, 12 U.S.C. & 4501 et seq.). The Act established the Office of Federal Housing Enterprise Oversight (OFHEO) within the United States Department of Housing and Urban Development (HUD). It also mandated that HUD set specific goals for the government sponsored enterprises Fannie Mae and Freddy Mac, with regard to low income and underserved housing areas.
In November 1999, President Bill Clinton signed the Gramm-Leach-Bliley Act, also known as the Financial Services Modernization Act, which abolished a New Deal era rule that had kept insurance companies, commercial banks, and investment banks all separate.
In March 2006, then-Senator Barrack Obama said when he voted against raising the debt ceiling: "The fact that we are here today to debate raising America’s debt limit is a sign of leadership failure.
Some members of the Bush family and others like them have sabotaged the United States market economy with a positive false, bait and switch program. It included a war that should never have been fought and a $1.35 trillion dollar tax rebate that made no sense. They also created the financial and social environment that encouraged the development of the housing crisis. Their efforts bore fruit in 2008 when the United States housing market and banking system collapsed. It sent ninja-mortgages and credit default swops reverberating around the world like steel balls in a pinball game. None of it happened by accident. Lehman Brothers, Morgan Stanley and others like them provided the administration for much of the credit default shell game.
The market economies of Great Britain, the United States, Japan, Canada, and the European Common Market have all, to varying degrees, been sabotaged. The political elite who caused this tragedy knew their citizenship had personal civil-rights which included the right of protection. That is one reason why banks had rules and regulations in the first place—to protect the people’s money.
Why the New World Order will fail
Every human being on this ball of mud is a spiritual being having a human experience. Every one of us is here at a different stage of development on a journey towards completeness, and no two of us live in the same world. As children we were taught to do unto others as we would have them do unto us. We were also taught to trust that our governments would do what they were elected to do—provide services for taxes. The system of democracy is a trust based political system. That is why it has worked as well as it has for such a long time. Trust develops from acquiring a healthy sense of self esteem and a healthy sense of self worth usually in early childhood. Without these two building blocks to our humanity, we cannot develop trust based relationship skills and without trust based relationship skills we cannot achieve a sense of belonging within the community of humankind. Democratically elected governments that serve their populations provide a style of leadership that promotes trust. Trust is an important component of living in a civilized society. Trust is what allows us to form attachments and to live with one another. Trust allows us to love one another. The King James Version of the Holy Bible states in the Gospel according to St John, 13:34
34 A new commandment I give unto you, That ye love one another; as I have loved you, that ye also love one another,
In the 1970’s the governments of the original G-5, G-6, and G-7 groups set a course towards their new world order. To hide their mismanagement of the baby-boomers retirement programs and to accomplish their vision of a more balanced society, they replaced our service and trust based institutions with politically correct managed institutions. They then formed an alliance with organized crime with the hope of creating a more balanced society than the democratic one of the day. Since then the trust developed between citizens and governments has slowly been replaced with the seeds of chaos. Chaos is now justifying the government’s management agenda. Populations of the G-8 group of countries are learning that the world is a cruel, violent, and corrupt place, and they should, therefore, do unto others before others get the chance to do unto them. The leaders of the G-8 group are people managing for profit because they originally mismanaged the baby-boomers retirement programs. To accomplish their vision, they have chosen to abandon the baby-boomers and all those who are yet to come. The G-8 group’s quest for a more balanced society in a New World Order is going to fail because chaos does not lend itself well to management. It grows expeditiously at every opportunity through time and always towards mayhem.
There is an end game to this fiasco. The same people who are destroying what the baby-boomers created believe there are too many people in the world. They want to cull the population, so they can begin their monopoly game again. Because they have found a variety of ways to neutralize our personal civil-rights, they now believe they have the right to do as they please. According to James Baker, when the government asked the brain storming groups in 1982 to estimate losses for the next war, the estimates ran as high as two thirds of the planets population.
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Baby Boomers retire: Pew Research Centre, Social and Demographic Trends: December 29, 2010.
Brad Hessel, America Gets Serious About Financial Regulatory Reform April 21, 2010.
Pew Research Centre, Social and Demographic Trends, United States Population Projections, 2005-2050, Page 10 and Page 11.
ibid, Page 24. http://pewsocialtrends.org/files/2010/10/85.pdf
Wikipedia: Group of five, History, 20th Century.
Bilmes Linda, “The 10 Trillion Dollar Hangover”: Paying the Price for Eight Years of Bush: Democracy Now: A daily Independent Global News Hour: December 22, 2008.
Faille Christopher: Deregulation of the Banking Industry Under President George H. W. Bush:
Faille Christopher: Deregulation Under Carter: eHow
Faille Christopher: Deregulation Under Clinton: eHow
Faille Christopher: Deregulation Under Reagan: ehow
Wikipedia George Bush, Economic Policy.
Wikipedia George Herbert Walker Bush, Vice Presidency (1981-1989) First term (1981-1985)
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