George Soros wants to Reorganize the Entire Global Economic System

Soros Pushes for New World Order on April 8^th

 http://www.mrc.org/bmi/commentary/2011/Unreported_Soros_Event_Aims_to_Remake_Entire_Global_Economy.html

 

Two years ago, George Soros said he wanted to reorganize the entire global economic system. In two short weeks, he is going to start - and no one seems to have noticed.

 

On April 8, a group he's funded with $50 million is holding a major economic conference and Soros's goal for such an event is to "establish new international rules" and "reform the currency system." It's all according to a plan laid out in a Nov. 4, 2009, Soros op-ed calling for "a grand bargain that rearranges the entire financial order."

 

The event is bringing together "more than 200 academic, business and government policy thought leaders' to repeat the famed 1944 Bretton Woods gathering that helped create the World Bank and International Monetary Fund. Soros wants a new 'multilateral system," or an economic system where America isn't so dominant…

 

His 2009 commentary pushed for "a new Bretton Woods conference, like the one that established the post-WWII international financial architecture." And he had already set the wheels in motion…

 

INET is bringing together prominent people like former U.K. Prime Minister Gordon Brown, former Fed Chairman Paul Volcker and Soros, to produce "a lot of high-quality, breakthrough thinking."… Volcker is chairman of President Obama's Economic Advisory Board…

 

INET isn't subtle about its aims for the conference. Johnson interviewed fellow INET board member Robert Skidelsky about "The Need for a New Bretton Woods" in a recent video. The introductory slide to the video is subtitled: "How currency issues and tension between the US and China are renewing calls for a global financial overhaul."

 

Skidelsky called for a new agreement and said in the video that the conflict between the United States and China was "at the center of any monetary deal that may be struck, that needs to be struck."

 

Soros described in the 2009 op-ed that U.S.-China conflict as "another stark choice between two fundamentally different forms of organization: international capitalism and state capitalism." He concluded that "a new multilateral system based on sounder principles must be invented." As he explained it in 2010, "we need a global sheriff."

 

In the 2000 version of his book "Open Society: Reforming Global Capitalism," Soros wrote how the Bretton Woods institutions "failed spectacularly" during the economic crisis of the late 1990s.

 

When he called for a new Bretton Woods in 2009, he wanted it to "reconstitute the International Monetary Fund," and while he's at it, restructure the United Nations, too, boosting China and other countries at our expense.

 

"Reorganizing the world order will need to extend beyond the financial system and involve the United Nations, especially membership of the Security Council,' he wrote. 'That process needs to be initiated by the US, but China and other developing countries ought to participate as equals."

 

Soros emphasized that point, that this needs to be a global solution, making America one among many. "The rising powers must be present at the creation of this new system in order to ensure that they will be active supporters."

 

And that's exactly the kind of event INET is delivering, with the event website emphasizing "today's reconstruction must engage the larger European Union, as well as the emerging economies of Eastern Europe, Latin America, and Asia."

 

China figures prominently, including a senior economist for the World Bank in Beijing, the director of the Chinese Academy of Social Sciences, the chief adviser for the China Banking Regulatory Commission and the Director of the Center on U.S.-China Relations.