(Editor’s Note: I’ve been an independent voter for some three decades, and have watched as progressive president after progressive president has led this country down the garden path to global integration. Today, I fear for my country’s future as I have not ever feared.)
In 1944, 730 delegates from 44 Allied Nations sat down in a posh hotel in Bretton Woods, New Hampshire and hammered out a global financial policy that maintained fixed exchange rates linked to the US dollar and a promise that America would keep gold at $35 an ounce. The International Monetary Fund and the predecessor to the World Bank were both established at this conference being lead by Harry Dexter White (Treasury Official, CFR member, and accused soviet spy) and John Maynard Keynes (yes, that british economist, born in 1883, who thought the government should be deeply involved in the private sector). As the global economy grew, more reserves and liquidity were required until in 1971, Richard Nixon took America off the gold standard (which was backing the US dollar as a reserve currency), and America’s currency became entirely fiat with only a federally backed promise. The Bretton Woods agreement ended and floating exchange rates were used as a replacement.
Now for the scary part.
Recently, I received a link to an article about George Soros funding a second Bretton Woods conference of economists and globalist bankers on April 8th through the 11th at the same posh hotel in New Hampshire. This conference is being sponsored by a Soros moneychild named the Institute for New Economic Thinking which was started with a $50 million pledge from the globalist himself after conversations with Anatole Kaletsky, former Economic Editor of UK’s The Times. Mr. Kaletsky is commonly punked by satiracal UK magazine, Private Eye, because of his faulty economic predictions. You may experience the same cold shivers I experienced when you check out the advisory board for this particular think-tank including but not limited to a faculty member of the New School for Social Research (remember those folks promoting seizure of your 401(k)?), and one of our favs, Drummond Pike, founder of the Tides Foundation.