I have written in the past that there were signs of the global elite dumping Obama much like Jimmy Carter was dumped in 1979 after a single Presidential term. In spite of that and in light of O’s strong electoral vote showing, it seemed like he would sail to victory on November 6, with ease.
It’s time to revisit the first scenario again. After a lopsided Presidential debate against Romney, it appeared that the establishment pulled the rug out from under Obama, and then threw him under the bus. Several prominent Democrats have turned against him. Some of the liberal media are criticizing him.
Nevertheless, as of today, Huffington Post electoral tracking shows Obama ahead with 263 electoral votes, compared to Romney’s 206. The winner must capture at least 270 electoral votes. Electoral-Vote.com shows Obama with 317 and Romney with 206. Either way, Obama is still ahead with a considerable margin.
There are more debates ahead, but don’t expect Obama and Biden to make the same mistakes again. They may make different mistakes, but they are far from being overwhelmed.
Meanwhile, take note of some of the Trilateral Commission gadflies in and around the Romney campaign:
Robert Zoellick, former member of TC and President of the World Bank
Robert D. Blackwill, Henry A. Kissinger Senior Fellow for U.S. Foreign Policy, Council on Foreign Relations, Washington; former Deputy Assistant to President George W. Bush and Deputy National Security Advisor for Strategic Planning; former Ambassador to India
Paula J. Dobriansky, Distinguished National Security Chair at the U.S. Naval Academy; Adjunct Senior
Fellow, Belfer Center for Science and International Affairs, John F. Kennedy School of Government,
Harvard University; former U.S. Under Secretary of State for Democracy and Global Affairs
Condoleezza Rice, Professor of Political Science, Stanford University, and Thomas and Barbara
Stephenson Senior Fellow on Public Policy, Hoover Institution, Palo Alto; former U. S. Secretary of
State; former National Security Advisor to President George W. Bush
Eliot Cohen, Robert E. Osgood Professor of Strategic Studies, Director of Strategic Studies Program, and Director of Philip Merrill Center for Strategic Studies, Paul H. Nitze School of Advanced International Studies, The Johns Hopkins University, Washington; former Counselor to the U.S. Secretary of State
Susan Schwab, Professor of Public Policy, University of Maryland, College Park, and Strategic
Advisor, Mayer Brown, LLP; former U.S. Trade Representative
Henry A. Kissinger, Chairman, Kissinger Associates, Inc., New York; former U.S. Secretary of State;
former U.S. Assistant to the President for National Security Affairs; Lifetime Trustee, Trilateral
Commission. (names and bio information taken from the Trilateral Commission membership list)
As has been the case since the election of Jimmy Carter in 1976, the Trilateral Commission has dominated both the Republican and Democrat parties and their subsequent Administrations. (See The Trilateral Commission: Usurping Sovereignty).
The IMF is not to be viewed as a friend to humanity. It is a global elite sumo wrestler that operates a tag team with the World Bank and the Bank for International Settlements, in order to promote the policies of globalization.
Interestingly, the IMF has issued two pointedly bearish reports in the last few days. The first, World Economic Outlook, was reported in The Telegraph (UK), IMF sees ‘alarmingly high’ risk of fresh global slump:
“The International Monetary Fund has slashed its growth forecast for large parts of the world economy and warned of a full-blown global slump if policymakers in Europe or the US mishandle serious threats
The report states that “risks for recession in the advanced economies are alarmingly high” and that “the intensity of the euro area crisis has not abated as assumed in previous projections.”
The second IMF statement of gloom (Global Financial Stability Report) was scooped by Bloomberg, IMF Sees European Banks Facing $4.5 Trillion Sell-Off.
“The International Monetary Fund said European banks may need to sell as much as $4.5 trillion in assets through 2013 if policy makers fall short of pledges to stem the fiscal crisis, up 18 percent from its April estimate. Failure to implement fiscal tightening or set up a single supervisory system in the timing agreed could force 58 European Union banks from UniCredit SpA (UCG) to Deutsche Bank AG (DBK) to shrink assets.
Shrinking assets by a more proper name is deflation, but bankers understand that the public reacts very negatively toward the use of such a word. Inflation is a split partnership of debauchery where banks get rich while investors who play the debt game get rich also. With deflation, which cannot be regulated with Fed policy tools, the downward spiral takes back everything and more. All those who live on or in the debt tower, get crushed in the end. The Fed’s response to this is to replace bank liquidity lost to deflation, with freshly created money. This keeps the banks afloat while everyone else gets crushed… but the Fed can’t keep this game up indefinitely, and I strongly suspect that they know this. As governments, municipalities, corporations and individuals continue to de-leverage, the spiral is virtually guaranteed to take the central banks and their bankster members, into the same crushing machine.
Another interesting view of the global economic slowdown is seen in the Export Trends for Top FedEx Markets below.
Growth in all markets has slowed since January 2010 and four out of nine markets are currently experiencing outright contraction.
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