{"id":949,"date":"2011-01-05T18:24:02","date_gmt":"2011-01-05T08:24:02","guid":{"rendered":"http:\/\/www.khanfactor.com\/blog\/?p=949"},"modified":"2011-01-05T18:24:02","modified_gmt":"2011-01-05T08:24:02","slug":"coup-d%e2%80%99etat-the-historical-framework-of-globalization","status":"publish","type":"post","link":"https:\/\/www.khanfactor.com\/blog\/?p=949","title":{"rendered":"Coup d\u2019\u00e9tat &#8211; The Historical Framework of Globalization"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/i0.wp.com\/www.khanfactor.com\/blog\/wp-content\/uploads\/2011\/01\/globalization1.thumbnail.jpg?w=640\" alt=\"Globalization\" data-recalc-dims=\"1\" \/><\/p>\n<p>Our era  is largely defined by  two highly interlinked concepts: globalization and the so-called \u201cwar on  terrorism.\u201d As geopolitical-economic operatives, both concepts  complement each other as significant means to specific ends; both shape  important aspects of our daily lives and determine form and content of  much that passes for public discourse. Particularly in Europe and in the  United States, populations are kept vigilant to the \u201cclear and present  dangers\u201d ostensibly posed by \u201cinternational terrorism\u201d through mnemonic  icons of troop movements in Central Asia and\/or strategically deployed  bomb plots that are purportedly thwarted \u201cjust in time\u201d by our  intelligence services. As if copied from the lecture notes of Carl  Schmitt, a totalitarian \u201cenemy\u201d has been constructed which can  conveniently be called back into service at a moment\u2019s notice should  public memory begin to fade. <!--more--><\/p>\n<p>Globalization has proceeded by  means of three distinct but clearly interwoven interpretations and  representations of the world in toto: as the sociopolitical  \u201ccosmopolitan moment\u201d [1] (to borrow a term coined by Seyla Benhabib)   of the globe as the embodiment of our lifeworld;  as the stage of  operations for multinational corporate\/financial interests; and as the  battlefield on which incited conflicts are seen as requiring  comprehensive, global solutions which are to be achieved through a New  World Order. In its current development, the construct of a unified  world is largely synonymous with the ideal world government as  envisioned in the Sociocracy of French philosopher Auguste Comte in the  19th century [2], in which international bankers and elitest think tanks  determine and execute public policies.<\/p>\n<p>Implied in this global ideal is  of course the complete dissolution of the nationstate as such through  the gradual but de facto irreversible integration of individual nations  into the totalitarian framework of the political, economic, and chief  judicial\/juridical entities operating on a global scale (most  significantly the United Nations, the International Monetary Fund, the  World Bank, the Bank for International Settlements, and the World Trade  Organization).<\/p>\n<p>The philosophical roots of this  integrative process can be found in the determinant factors that led to  the Treaty of Westphalia, which ended Europe\u2019s horrendously brutal  Thirty Years War. The treaty also buried the eius regio, quius religio  principle and reinstated the tolerance of Protestants as spelled out in  the Peace of Augsburg (1555), the revocation of which under the Holy  Roman Emperor Ferdinand II in the Edict of Restitution (1629) prompted  the vicious counter-response from Protestant nobility in Austria and  Bohemia. The terms of the peace accord also radically limited the  territory and power of the Holy Roman Empire and acknowledged the  sovereignty of the many principalities that constituted the realm of  German influence, with France and Sweden entrusted as guardians of the  peace.<\/p>\n<p>But the Treaty of Westphalia was  of major importance for one other significant reason. The councils of  minds at M\u00fcnster and Osnabr\u00fcck were able to establish through rational  discourse the concept of a peace accord based on the primacy of reason  and rules of law that transcended warring national interests and belief  systems, effecting in a truly Kantian sense the regulative idea of  attainable peace as a principle of reason to guide all actions of the  parties involved, and to which all participants, nolens volens, were to  submit.  This is clearly evident in the way various clauses in the  treaty assumed a meta-normative role. The treaty thus paved the way for  an era of secularized thought in which the rule of law and political  negotiation served as instruments of conflict resolution and as  guidelines of national sovereignty based on principles of reason.<\/p>\n<p>Parallel to the development of  international principles of cosmopolitan conduct in our own time such as  those found in the Universal Declaration of Human Rights and in the  statutes of the Geneva Convention, economic and financial interests have  exploited both the judicial codices formulated in international  agreements and the juridical measures that now in many cases supersede  pre-existing national laws through increasingly totalitarian bodies such  as the World Trade Organization. [3] It is the power embodied in the  domains of concentrated financial interests that today are in the  process of transforming our lifeworld and realms of experience in  previously unimaginable ways.<\/p>\n<p><strong>Coup d\u2019\u00e9tat<\/strong><\/p>\n<p>Silently, and carefully hidden  from public scrutiny, a coup d\u2019\u00e9tat occurred in 1913 in the United  States of America. The results of this bloodless coup are being felt  today on a truly global scale. With careful, detailed planning,  representatives of the most powerful financial institutions in both  Europe and the United States succeeded through the enactment of the  Federal Reserve Act (also known as the Glass-Owen bill) in radically and  permanently altering the foundations of the nation as a whole.<\/p>\n<p>Through the creation of the  Federal Reserve system, the financial interests that conceived, wrote,  and implemented the Glass-Owen bill took away the authority of the  United States government as theoretical representative of the citizens  of the country to print our own currency and placed that authority in  the hands of a private banking cartel. According to Article 1, Section 8  of the American Constitution, it is Congress to whom the power is given  \u201cto coin money\u201d and to \u201cregulate the value thereof.\u201d The Federal  Reserve Act of course interprets this power quite literally as the  coinage of pennies, nickels, dimes and quarters; it is, however, the  creation of money in the form of bank notes that lies at the heart of  the act. When the government requires money, the United States treasury  writes out IOUs in the form of U.S. treasury bonds, which it then sells  to the privately owned Federal Reserve system in exchange for a Federal  Reserve check. In reality, the \u201cFederal\u201d Reserve bank simply enters the  corresponding numbers on its computer keyboard, once as a liability, and  once as an asset. In other words, the numbers are created by the  Federal Reserve out of nothing, for which it then demands repayment with  interest. The funds are then credited to the government\u2019s account, from  which all the various bills are then paid. It is in that exact moment  that \u201cmoney\u201d as such is created by the Federal Reserve bank out of  nothing. But there is one additional trick used by all banks operating  on the Federal Reserve system: fractional reserve lending. This scheme  allows the bank to multiply the amount of money it lends to clients  tenfold without having the actual funds in reserve to back it up. This  entire scheme has allowed the hidden owners of the private \u201cFederal\u201d  Reserve system to effectively extort money from the American people in  the form of IOUs, also known as treasuries, which then must be repaid  with interest.<\/p>\n<p>The legal anchoring of this  scandalous system in the Glass-Owen bill in the United States was only  the beginning. Like other central bank signatories to the Bretton-Woods  Agreement (and thereby to the World Bank and International Monetary  Fund), the US Federal Reserve system is able to control the amount of  money in circulation through several mechanisms, for example by raising  or lowering interest rates and\/or the minimum reserve requirements of  banks in the fractional reserve lending system. Through the enactment of  the Federal Reserve system, the essence of money has become debt.  Through the creation of debt, money comes into existence in the system.  It thus becomes obvious that it is never in the bank\u2019s interest that  clients, borrowers, actually pay off their debts because that would  leave the banks without interest payments. When the borrowers happen to  be sovereign nations, for example from the developing world, or now the  United States and a number of countries in Western Europe, the interest  payments earned by the banks easily go into the hundreds of billions.  This is extraordinarily profitable for banks who have been able to \u201csit  in on\u201d the negotiation of peace accords (through which terms of  surrender and repayment of damages are settled) and international trade  agreement deliberations to regulate global commerce and finance.<\/p>\n<p>World War I and its outcome  provide a very enlightening example of just how this has been   accomplished. The terms forced on Germany through Article 231 of the  Treaty of Versailles laid the foundations for the consolidation of the  enormously powerful financial interests in London, New York, Frankfurt,  and Paris, which had been instrumental in pushing through, by hook and  by crook, the Federal Reserve Act in the United States. (It should be  noted that these are the same financial interests which also did their  part to push the nations into military conflict in the first place. The  focus here however remains restricted to the genesis and perpetration of  the private central banking cartel as such and its connections to the  current financial crisis and the war on terrorism.)<\/p>\n<p>The horror of World War I  quickly led to the realization  that the global  community of nations  should not allow a recurrence of such cruelty, and that universally  recognized and accepted principles of conduct were needed to guarantee  international peace and harmony. Such principles of good will,  intentionally redolent of the terms set out by the Peace of Westphalia,  could only be implemented through a common general will or global  consent. In other words, a League of Nations, a V\u00f6lkerbund in the  strictest Kantian sense, was needed to define and implement  internationally valid principles of humanitarian, indeed cosmopolitan  conduct to benefit the entire human species and our lifeworld.<\/p>\n<p>It was this positive impulse  among other things that led the participants in the \u201cwar to end all  wars\u201d to found the \u201cCovenant of the League of Nations.\u201d The agreement  encompassed 26 principles to which the 58 member states committed  themselves.  But the most central problem confounding the ideals of the  League was the fact that the agreement was predicated on significant  economic interests that essentially doomed  the treaty to failure from  the start. The League was based on the status quo as defined by the  victors of World War I, who, as simultaneous representatives of  ostensibly \u201cnational interests\u201d did everything in their power to ensure  the richest gains possible for the elite bankers working behind the  scenes in New York, London, Paris, and  Frankfurt. And the means to this  end were found in the terms of reparation payments they then forced on  Germany. An article featured in the May 31, 1922 issue of the New York  Times outlined the most salient demands being made on Germany by the  Allied entente powers:<\/p>\n<p>\u201cThe Reparation Commission called on Germany to consent to the following undertakings before May 31:<\/p>\n<blockquote dir=\"ltr\" style=\"margin-right: 0px\"><p> 1. Reduce  expenditures and balance the budget.<\/p>\n<p>2. Halt the increase of the foreign debt and the growth of paper money in circulation.<\/p>\n<p>3. Accept a light supervision of her efforts in that direction.<\/p>\n<p>4. Take measures to prevent the  further flight of capital and to get back $2,000,000,000  spirited out  of the country in the last two years.<\/p>\n<p>5. Assure the Reichbank\u2019s  autonomy from politics.<\/p>\n<p>6. Resume publication of Government fiscal statistics.\u201d [4]<\/p><\/blockquote>\n<p>Attentive readers will  immediately note the  unmistakable parallels to the demands (\u201causterity  measures\u201d) frequently imposed on developing nations through the  international monetary fund in its policy proposals formerly known as  \u201cstructural adjustment programs,\u201d including demands for the  privatization of the banking system, or  to use the phrase introduced by  \u201cFed speak,\u201d to guarantee the banks\u2019 independence (\u201cautonomy\u201d) from  politics. (In corrected translation, this is the simple demand that this  private banking cartel as the sole source of phony money should be  allowed to perpetrate its debt-based currency scam without any  supervision or control by the people or their representatives.) A gamut  of conditions imposed by the IMF has consistently led to widespread  domestic hardship and economic crises  within the nations in question,  because the interests and well-being of the general population are often  clearly at odds with the IMF programs being implemented. Joseph  Stiglitz put it this way:<\/p>\n<blockquote dir=\"ltr\" style=\"margin-right: 0px\"><p> \u201cThe IMF is pursuing not just  the objectives set out in its original mandate, of enhancing global  stability and insuring that there are funds for countries facing a  threat of recession to pursue expansionary policies. It is also pursuing  the interests of the financial community. This means the IMF has  objectives that are often in conflict with each other.<\/p>\n<p>The tension is all the greater  because this conflict can\u2019t be brought out into the open: if the new  role of the IMF were publicly acknowledged, support for that institution  might weaken, and those who have succeeded in changing the mandate  almost surely knew this. Thus the new mandate had to be clothed in ways  that seemed at least superficially consistent with the old.\u201d [5]<\/p><\/blockquote>\n<p>And it is precisely this  extraordinary expansion of the power  of the private bank cartels that  was central to much of the behind-the-scenes maneuvering during and  after World War I. In a very enlightening essay published in Foreign  Affairs in 1936, Leon Fraser  brought the true hidden agenda of the  banking elite into selective public view:<\/p>\n<blockquote dir=\"ltr\" style=\"margin-right: 0px\"><p> \u201cThe truth was that the experts  [i.e., of the second Young Commission &#8211; jp]  seized the occasion of the  new reparation adjustment as an excuse to repair a long recognized gap  in the international financial fabric. The organization which they  proposed had functions not connected with reparations, and these  ostensibly secondary functions were, in the inner consciousness of the  originators, the predominating motives for its establishment. By some of  the members &#8212; in particular those connected with commercial banking &#8212;  the institution was envisaged as an instrument for opening up new  fields of world trade by means of fresh extensions of credit [\u2026]  While  there was no unanimity about the opportuneness of creating more credit,  all experts agreed that the Bank could fill one obvious hiatus in the  financial organization of the world, namely provide a center for central  bank collaboration and for corporation to improve the international  monetary mechanism.\u201d [6]<\/p><\/blockquote>\n<p>The bank Fraser was referring  to, of course,  is none other than the central bank of all central  banks, the Bank for International Settlements, with headquarters in  Basel.<\/p>\n<p>Louis McFadden, former  banker-turned-congressman from Pennsylvania, condemned the hidden  motives and operational methods of the Versailles Treaty in no uncertain  terms. McFadden took particular aim at the Bank for International  Settlements, which took charge of the gold Germany was required to  deliver in reparations payments. Writing with reference to Grotius\u2019s  theory of just settlements of military conflicts (De Jure Belli ac  Pacis),  McFadden argued that the Versailles Treaty had in fact been  negotiated in bad faith, with the \u201cHouse of Morgan\u201d and the usual  suspects from the clique of international bankers being the prime  beneficiaries of the reparations bonds, and that substantial aspects of  the treaty had been worked out in the financial centers of London well  in advance of the actual negotiations in Paris.  McFadden prophetically  augured the long-term  consequences of the treaty as laying the  \u201cfoundation for the renewal of a dozen wars that are legally  justifiable.\u201d [7]<\/p>\n<p>The consolidation of economic  and financial power in the West at the end of World War II made possible  the ensuing rapid and encompassing globalization of inchoate trends  already visible in the League of Nations platform.  The establishment of  the United Nations in 1945 as well as the foundation of the World Bank  and the International Monetary Fund as stipulated by the outcome of the  Bretton-Woods Agreement (1944), contributed substantially to the  international system of currency and finance of a distinctively  Anglo-American character. This meant in particular that the central  banks of all member nations were largely to adopt the modus operandi of  the Federal Reserve system. The printing of national currencies, once  the privilege of sovereign governments, was to be replaced by the system  of government bonds or IOU issuance, which would then be lent or sold  to the private banking cartel (spearheaded by the country\u2019s respective  \u201ccentral-bank\u201d) in exchange for currency notes &#8212; with interest due. The  outcomes of two world wars, in which a private banking cartel had  ultimately written the terms of economic and financial surrender, had  forced the vanquished into participant roles in the greatest scam in  human history: the creation of money out of thin air through debt, with  interest payments in permanent flow to the elite sphere of private  bankers &#8212; all on a global scale.<\/p>\n<p>Many of the newest investment  vehicles and resources discussed in growing numbers of studies have so  successfully interlocked the political realm with the  corporate\/financial that a clear separation is no longer possible.  Nevertheless, among wide segments of the populations in many countries,  voting citizens are still convinced of the sanctity of the elected  office. Such convictions are based on false advertising, and the voters  have failed to see the fusion between capital and the successful  campaign\/office tenure regularly performed behind the smoke and mirrors  screens of the mass media. In a number of important instances, even  opposition\/protest movements have been bought and staged. [8] Yes we  can! Si, se puede!  should now be seen as the pitiful chants of all  those who fell for the change they believed in. Change came in the form  of continued bailouts for Wall Street banks, with the former head of the  New York Federal Reserve placed comfortably by Obama himself on the  throne of the US treasury, immune from critique and reprimand, despite  his urgent e-mails to the legal counsel of AIG urging silence in  response to congressional queries on the extent of the Fed\u2019s bailout  funds funneled into the pockets of Goldman Sachs. (Of course at the time  these revelations became public (on the Internet!), the mainstream  media was busy convincing the semi-conscious public of the importance of  the then-and-now whereabouts of Tiger Woods\u2019s genitalia.) It\u2019s been all  business as usual. But the teary-eyed and desperate seem to fall for  the Hollywood hype every time: He\u2019s the ONE!<\/p>\n<p>The schematic procedures carried  out by the IMF, the World Bank, and the WTO often acquire an outright  absurd character. Such was the case in the often-cited structural  adjustment program developed for Bolivia in the Enhanced Structural  Adjustment Facility (ESAF) Policy Framework Paper for 1998 &#8211; 2001. In  exchange for much-needed IMF loans, Bolivia was required to transfer the  \u201crights\u201d of the Cochabamba water system to the private firm of Aquas de  Tunari, a subsidiary of the International Water Ltd. \/ Bechtel  Corporation consortium. (Bechtel gained international notoriety unter  the George W. Bush administration as the recipient of generous no-bid  military \u201creconstruction\u201d contracts in Iraq.) The privatization of the  water supply meant that prices for this necessity of life increased by  more than 300%, becoming unattainable for many families. With public  outrage and potential violence on the horizon, a report authored by  World Bank experts advised: no public subsidies should be given to  ameliorate the increase in water tariffs in Cochabamba. [9]<\/p>\n<p>Recent machinations by the World  Trade Organization have also led to precarious globalization  strategies. According to Greg Palast, an internal report sent to his  office at The Guardian revealed actual threats directed at the leftist  government of Brazil if the country continued to refuse to sign the  Financial Services Agreement of 1999. This agreement formed the  international legal basis for the deregulation of so-called \u201cfinancial  products,\u201d specifically derivatives such as \u201ccredit default swaps\u201d and  \u201cmortgage backed securities,\u201d which then led to the global financial  meltdown.<\/p>\n<p>The pattern of crisis followed  by a ready-made plan for a global solution has been persistent since the  early 1800s, when European banking elites pulled out all the stops in  order to establish a central bank on American soil. These were the same  structural interests which eventually led to the passage of the  Glass-Owen bill. And it is within this pattern that the origins of the  current financial crisis are also to be found, specifically within the  highest echelons of the Federal Reserve system.<\/p>\n<p>Subsequent to the September 11  2001 attacks on New York and Washington, D.C., the Federal Reserve was  \u201cforced\u201d to lower interest rates to a minimum in order to avoid a  potential collapse of a number of important services and industries.  This move enabled the decision by all branch banks nationwide to make  credit easily available, particularly for home mortgages.  Two years  later, the entire country was in a house-buying frenzy with visions of  homes increasing in value year after year until the end of time. Many  buyers bought two or three in the hope of \u201cflipping\u201d them into untold  thousands in profit.<\/p>\n<p>The foundations were laid for  the initialization of a previously unknown financial instrument &#8212;  BISTRO (Broad Index Secured Trust Offering) &#8212; developed in the think  tanks of J P Morgan. At the speed of electronic funds transfers, BISTRO  enabled unimaginable exponential profits through \u201ccredit default swaps\u201d  which the \u201cHouse of Morgan\u201d then divided up into packages and sold by  the thousands to interested parties among corporations, banks, insurance  giants, and investment funds worldwide. As the German magazine Der  Spiegel so accurately put it, \u201cbank managers and central bankers were  the capitans of this ship, among them superstars such as J P Morgan  manager Blythe Masters and former Federal Reserve chairman Alan  Greenspan.\u201d [10]<\/p>\n<p>Attentive observers of financial  history should recognize the concrete developmental pattern at work  here. A putatively well-founded expansion of credit and a corresponding  economic boom are followed by a sudden retraction of credit and an  implosion of the markets. At the core of our current crisis is the  banking industry and its ability to create money and derivatives out of  thin air. The collapse was predictable, and in all likelihood carefully  planned. No sooner had the collapse of 2008 begun than the directors of  America\u2019s leading banks began to issue ultimatums to the American people  through their own representative, Henry Paulson (former CEO of Goldman  Sachs), as the Secretary of the Treasury. If bank coffers were not  replenished with ample public funds, Americans would soon wake up to  martial law on the streets of many major cities.<\/p>\n<p>And promptly, the see-no-evil  representatives in Washington came to the rescue of the global financial  elite, all at the expense of tax payers, and ultimately also at the  expense of national sovereignty. Concomitant demands for \u201cglobal  solutions\u201d to this admittedly global problem were promptly put on the  national and international agenda by the G20 and by leading economists  such as Kenneth Rogoff. The U.S. Congress recently ratified a  comprehensive overhaul of the nation\u2019s financial system, and thereby  granted increased authority to the Federal Reserve. On a global scale,  financial and economic experts from around the world are in the process  of developing fundamental revisions to the Basel Accord (Basel III)  within the framework of the Bank for International Settlements. [11]<\/p>\n<p>At the same time, the Federal  Reserve\u2019s late-2010 announcement that it would initiate a second round  of \u201cquantitative easing\u201d in its efforts to free up credit and relieve  financial institutions of moribund assets led to more vociferous calls  for a new global reserve currency to replace the ailing dollar. The  Federal Reserve\u2019s decision to increase liquidity by printing more  dollars is already seen as a potentially fatal mistake by many skeptics  particularly in China, which holds an inordinately large sum of US  dollars in its reserve currency trove. Russia and China, among others,  have already agreed to a bilateral exchange of goods and services by  using their own currencies, without the US dollar as intermediary.<\/p>\n<p>Unavoidable inflationary  pressures guarantee that the days of the US dollar as the world\u2019s  reserve currency are numbered; this outcome does not bode well for the  people of the United States, who very likely will see martial law if and  when prices for daily necessities such as gasoline skyrocket beyond  what is affordable. As the chief operative for all the clandestine  forces intent on seeing a one-world government in control of the planet,  the Federal Reserve has been actively destroying the US currency as an  instrument of national sovereignty. And in close collaboration with the  \u201cFed,\u201d working groups within both the United Nations and the IMF have  published key position papers in which a new global currency is  proposed, to be printed or coined expectedly by a global central bank.  [12]<\/p>\n<p><strong>The global \u201cwar on terror\u201d<\/strong><\/p>\n<p>Accompanying the increased  authority of global instruments such as the IMF, the WTO and the Bank  for International Settlements, an international surveillance network is  fully in the making with far-reaching consequences for individual life  and liberty. At particular risk today is the integrity of the Internet  as the last bastion of uncensored information exchange. With every  publicized \u201ccyber attack,\u201c whether a reality or an ad hoc creation, new  demands go out for increased security measures and legislation to  control both form and content online. New key supranational concepts  such as \u201cAl Qaeda,\u201d \u201cterrorist networks\u201d or \u201csuspicious money transfers\u201d  are now in common use in public discourse and enable the implementation  of unprecedented military\/political control measures and surveillance  strategies over ordinary citizens. The readiness of governments  worldwide to adopt anti-terror measures that are potentially inimical to  all forms of individual freedom is predicated on the questionable  acceptance of the official explanation offered by the US government and  its intelligence services for the events that transpired on 9\/11. The  paucity of critique, particularly among  mainstream US media, of the  implausible official narrative of all that transpired on 9\/11 is itself  sufficient evidence of a thoroughly top=down controlled American press.<\/p>\n<p>The analyses of David Ray  Griffin and Steven Jones (among many others) [13] of multiple  inconsistencies and sheer impossibilities in the official explanation of  the 9\/11 attacks provide clear evidence that there were and are far  more sinister plots at work than what the American public is ready to  believe. Answers to the inevitable cui bono? question point to the  long-term beneficiaries of global control which will ultimately allow   for no exceptions.<\/p>\n<p>The pattern is always the same.  Present a crisis of epoch proportions, and offer solutions on a global  scale which ultimately consolidate the interests of a New World Order,  one as envisioned by Auguste Comte, with bankers and a select  intellectual elite in complete control. The Federal Reserve system  should be seen for what it is &#8211; the agency of an international clique of  banking elites who are hell-bent on obtaining a global government, with  a single system of universal justice, a single currency, and an  all-encompassing surveillance network as guarantors of a fail-proof,  totalitarian, neo-feudalistic regime. Thanks to the efforts of this same  global elite, the United States is in its last throes and will  eventually succumb to the constraints its leaders have willingly adopted  within the context of globalization.<\/p>\n<p>As admirable as perpetual peace  might be under a system of benevolent reason, with the sanctity of all  terrestrial life on earth foremost in mind, the concrete historical  track record of those most actively engaged in bringing the ideals of  this New World Order into full fruition suffices completely as a reason  to reject their goals.<\/p>\n<p>Elite bankers in the United  States and Europe conceived and enacted the Federal Reserve system as a  major stepping stone toward eventual global governance of a  neo-feudalistic society. The continuing global economic crisis was also  conceived and implemented as a further essential tool in bringing about a  one-world government controlled by bankers and their intellectual  shills sitting in crucial positions and calling the shots &#8212; qui  custodiet custodes?<\/p>\n<p>The \u201cFed\u2019s\u201d covert policies and  clandestine machinations are accelerating the \u201cneed\u201d and \u201cdemand\u201d for a  global currency to replace existing national currencies. In previous  eras, the implementation of such plans and intentions would have been  deemed high treason and appropriately punished; in today\u2019s parlance, it  should most properly be categorized as an act of terrorism.<\/p>\n<p><em>Deeply influenced by both the Frankfurt School of Critical Theory and twentieth-century phenomenology, <strong>James Polk<\/strong>  pursued his graduate studies in philosophy at the Freie Universit\u00e4t  Berlin, where he received his PhD for work on Kant and Heidegger. He is  the author of Am Horizont der Zeit and The Triumph of Ignorance and  Bliss &#8211; Pathologies of Public America. <\/em><\/p>\n<p align=\"justify\"><font face=\"Verdana\" size=\"2\"><strong><u>Notes<\/u><\/strong><\/font><\/p>\n<p align=\"left\"><font face=\"Verdana\" size=\"2\"><font face=\"Verdana\" size=\"2\">1) Benhabib\u2019s  understanding of cosmopolitanism and its implications for human  societies is presented in Another Cosmopolitanism (Berkeley Tanner  Lectures), Robert Post, ed. (Oxford: Oxford University Press, 2008) and  in The Rights of Others: Aliens, Residents, and Citizens (The Seeley  Lectures), (Cambridge: Cambridge University Press, 2004). <\/font><\/font><\/p>\n<p align=\"left\"><font face=\"Verdana\" size=\"2\"><font face=\"Verdana\" size=\"2\"><font face=\"Verdana\" size=\"2\">2) Auguste Comte, System of Positive Polity, transl. Richard Congreve, (London: Longmans, Green, and Co., 1877). <\/font><\/font><\/font><\/p>\n<p align=\"left\"><font face=\"Verdana\" size=\"2\"><font face=\"Verdana\" size=\"2\"><font face=\"Verdana\" size=\"2\"><font face=\"Verdana\" size=\"2\">3) See in particular  Michel Chossudovsky, \u201cThe Global Economic Crisis: An Overview,\u201d The  Global Economic Crisis. The Great Depression of the XXI Century, ed.  Michel Chossudovsky and Andrew Gavin Marshall, (Montreal: Global  Research Publishers, 2010) 3 &#8211; 60.  <\/font><\/font><\/font><\/font><\/p>\n<p align=\"left\"><font face=\"Verdana\" size=\"2\"><font face=\"Verdana\" size=\"2\"><font face=\"Verdana\" size=\"2\"><font face=\"Verdana\" size=\"2\"><font face=\"Verdana\" size=\"2\">4) Edwin L. James, \u201cReparations Issue Now Up To Bankers,\u201d New York Times, 31 May 1922.<\/font><\/font><\/font><\/font><\/font><\/p>\n<p align=\"left\"><font face=\"Verdana\" size=\"2\"><font face=\"Verdana\" size=\"2\"><font face=\"Verdana\" size=\"2\"><font face=\"Verdana\" size=\"2\"><font face=\"Verdana\" size=\"2\"><font face=\"Verdana\" size=\"2\">5) Joseph E. Stiglitz, Globalization and Its Discontents (New York: W. W. Norton, 2002) 206 &#8211; 207. <\/font><\/font><\/font><\/font><\/font><\/font><\/p>\n<p align=\"left\"><font face=\"Verdana\" size=\"2\"><font face=\"Verdana\" size=\"2\"><font face=\"Verdana\" size=\"2\"><font face=\"Verdana\" size=\"2\"><font face=\"Verdana\" size=\"2\"><font face=\"Verdana\" size=\"2\"><font face=\"Verdana\" size=\"2\">6) Leon Fraser, \u201cThe  International Bank and Its Future,\u201d Foreign Affairs (New York: Council  on Foreign Relations) vol. 14, number 3 (April, 1936), p. 454. <\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/p>\n<p align=\"left\"><font face=\"Verdana\" size=\"2\"><font face=\"Verdana\" size=\"2\"><font face=\"Verdana\" size=\"2\"><font face=\"Verdana\" size=\"2\"><font face=\"Verdana\" size=\"2\"><font face=\"Verdana\" size=\"2\"><font face=\"Verdana\" size=\"2\"><font face=\"Verdana\" size=\"2\">7) Louis T. McFadden, \u201cThe  Reparations Problem and the Bank for International Settlements,\u201d Annals  of the American Academy of Political and Social Science, vol. 150,  Economics of World Peace (July, 1930), p. 53 &#8211; 64. <\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/p>\n<p align=\"left\"><font face=\"Verdana\" size=\"2\"><font face=\"Verdana\" size=\"2\"><font face=\"Verdana\" size=\"2\"><font face=\"Verdana\" size=\"2\"><font face=\"Verdana\" size=\"2\"><font face=\"Verdana\" size=\"2\"><font face=\"Verdana\" size=\"2\"><font face=\"Verdana\" size=\"2\"><font face=\"Verdana\" size=\"2\">8) Michel Chossudovsky,  \u201cManufacturing Dissent: the Anti-globalization Movement is Funded by the  Corporate Elites. The People\u2019s Movement has been Hijacked,\u201d Center for  Global Research, September 20, 2010, <a href=\"http:\/\/www.globalresearch.ca\/\"><font face=\"Verdana\" size=\"2\">http:\/\/www.globalresearch.ca<\/font><\/a><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/p>\n<p align=\"left\"><font face=\"Verdana\" size=\"2\"><font face=\"Verdana\" size=\"2\"><font face=\"Verdana\" size=\"2\"><font face=\"Verdana\" size=\"2\"><font face=\"Verdana\" size=\"2\"><font face=\"Verdana\" size=\"2\"><font face=\"Verdana\" size=\"2\"><font face=\"Verdana\" size=\"2\"><font face=\"Verdana\" size=\"2\"><font face=\"Verdana\" size=\"2\"><font face=\"Verdana\" size=\"2\">9) IMF Bolivia Public Expenditure Review. <a href=\"http:\/\/www.wds.worldbank.org\/\"><font face=\"Verdana\" size=\"2\">www.wds.worldbank.org<\/font><\/a><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/p>\n<p align=\"left\"><font face=\"Verdana\" size=\"2\"><font face=\"Verdana\" size=\"2\"><font face=\"Verdana\" size=\"2\"><font face=\"Verdana\" size=\"2\"><font face=\"Verdana\" size=\"2\"><font face=\"Verdana\" size=\"2\"><font face=\"Verdana\" size=\"2\"><font face=\"Verdana\" size=\"2\"><font face=\"Verdana\" size=\"2\"><font face=\"Verdana\" size=\"2\"><font face=\"Verdana\" size=\"2\"><font face=\"Verdana\" size=\"2\"><font face=\"Verdana\" size=\"2\">10) The original Spiegel  text: \u201cBankmanager und Zentralbanker waren auf diesem Schiff die  Kapit\u00e4ne, darunter Superstars wie die JP Morgan-Managerin Blythe Masters  und der Ex-chef der US-Notenbank, Alan Greenspan.\u201d (translation j.p.)  \u201cDer gr\u00f6\u00dfte Diebstahl aller Zeiten &#8211; wie Finanzjongleure die Welt in  eine Krise st\u00fcrzten, die noch lange nicht beendet ist,\u201c Der Spiegel,  number 47 (November 11, 2008) p. 47. <\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/p>\n<p align=\"left\"><font face=\"Verdana\" size=\"2\"><font face=\"Verdana\" size=\"2\"><font face=\"Verdana\" size=\"2\"><font face=\"Verdana\" size=\"2\"><font face=\"Verdana\" size=\"2\"><font face=\"Verdana\" size=\"2\"><font face=\"Verdana\" size=\"2\"><font face=\"Verdana\" size=\"2\"><font face=\"Verdana\" size=\"2\"><font face=\"Verdana\" size=\"2\"><font face=\"Verdana\" size=\"2\"><font face=\"Verdana\" size=\"2\"><font face=\"Verdana\" size=\"2\"><font face=\"Verdana\" size=\"2\">11) See Ellen Brown, \u201cThe  Towers of Basel: Secretive Plan to Create a Global Central Bank,\u201d The  Global Economic Crisis. The Great Depression of the XXI Century, ed.  Michel Chossudovsky and Andrew Gavin Marshall, (Montreal: Global  Research Publishers, 2010) 330 &#8211; 342. <\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/p>\n<p align=\"left\"><font face=\"Verdana\" size=\"2\"><font face=\"Verdana\" size=\"2\"><font face=\"Verdana\" size=\"2\"><font face=\"Verdana\" size=\"2\"><font face=\"Verdana\" size=\"2\"><font face=\"Verdana\" size=\"2\"><font face=\"Verdana\" size=\"2\"><font face=\"Verdana\" size=\"2\"><font face=\"Verdana\" size=\"2\"><font face=\"Verdana\" size=\"2\"><font face=\"Verdana\" size=\"2\"><font face=\"Verdana\" size=\"2\"><font face=\"Verdana\" size=\"2\"><font face=\"Verdana\" size=\"2\"><font face=\"Verdana\" size=\"2\">12) See in particular the  International Monetary Fund paper entitled \u201cReserve Accumulation and  International Monetary Stability\u201d prepared by the Strategy, Policy and  Review Department (April 13, 2010) and the United Nations\u2019 \u201cReport of  the Commission of Experts of the President of the United Nations General  Assembly on Reforms of the International Monetary and Financial System\u201d  (September 21, 2009). <\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/p>\n<p align=\"left\"><font face=\"Verdana\" size=\"2\"><font face=\"Verdana\" size=\"2\"><font face=\"Verdana\" size=\"2\"><font face=\"Verdana\" size=\"2\"><font face=\"Verdana\" size=\"2\"><font face=\"Verdana\" size=\"2\"><font face=\"Verdana\" size=\"2\"><font face=\"Verdana\" size=\"2\"><font face=\"Verdana\" size=\"2\"><font face=\"Verdana\" size=\"2\"><font face=\"Verdana\" size=\"2\"><font face=\"Verdana\" size=\"2\"><font face=\"Verdana\" size=\"2\"><font face=\"Verdana\" size=\"2\"><font face=\"Verdana\" size=\"2\"><font face=\"Verdana\" size=\"2\">13) See especially David  Ray Griffin, Debunking 9\/11 Debunking: An Answer to Popular Mechanics  and Other Defenders of the Official Conspiracy Theory (Northampton,  Mass.: Olive Branch Press, 2007); idem., The 9\/11 Commission Report:  Omissions and Distortions (Northampton, Mass.: Olive Branch Press,  2004); Niels H. Harrit, Jeffrey Farrer, Steven E. Jones et al., \u201cActive  Thermite Material Discovered in Dust from the 9\/11 World Trade Center  Catastrophe,\u201d The Open Chemical Physics Journal, 2009, 2, 7-31.<\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/p>\n<p align=\"left\"><a href=\"http:\/\/globalresearch.ca\/index.php?context=va&amp;aid=22551\" target=\"_blank\">Source <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p><img decoding=\"async\" src=\"http:\/\/www.khanfactor.com\/blog\/wp-content\/uploads\/2011\/01\/globalization1.thumbnail.jpg\" alt=\"Globalization\" \/><\/p>\n<p>Implied in this global ideal is of course the complete dissolution of the nationstate as such through the gradual but de facto irreversible integration of individual nations into the totalitarian framework of the political, economic, and chief judicial\/juridical entities operating on a global scale (most significantly the United Nations, the International Monetary Fund, the World Bank, the Bank for International Settlements, and the World Trade Organization). <a href=\"https:\/\/www.khanfactor.com\/blog\/?p=949\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_s2mail":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"footnotes":"","_jetpack_memberships_contains_paid_content":false,"jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[11,13,38,44],"tags":[],"jetpack_publicize_connections":[],"aioseo_notices":[],"views":10988,"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p2ttSq-fj","jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.khanfactor.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/949"}],"collection":[{"href":"https:\/\/www.khanfactor.com\/blog\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.khanfactor.com\/blog\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.khanfactor.com\/blog\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.khanfactor.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=949"}],"version-history":[{"count":0,"href":"https:\/\/www.khanfactor.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/949\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.khanfactor.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=949"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.khanfactor.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=949"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.khanfactor.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=949"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}