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Strategies & Market Trends : Currencies and the Global Capital Markets

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To: Henry Volquardsen who started this subject3/18/2002 6:39:02 PM
From: Keith Fauci  Read Replies (2) of 3536
 
Global Taxes- How will global taxes affected currency markets (God forbid the they become a reality)

Globalist Taxers Want Your Money

Wes Vernon, NewsMax.com
Saturday, March 16, 2002

WASHINGTON – World Government is pounding on our door and demanding that the U.S. surrender its sovereignty and let the United Nations
take over our lives. Worldwide taxes would be imposed by people in far-off lands elected by no one.

This is not conspiracy theory. This is fact. It is happening right now.

Alarmed citizens are bombarding the White House with demands that the U.S. say no to global taxes. Global taxation is the centerpiece of a
four-day United Nations conference starting Monday. The gathering is to consider recommendations of a special High Level Council.

The mail pouring into the White House results from the efforts of those activist groups that have pierced the heavy curtain of silence erected by
the media establishment, which is taking no note of the implications of the meeting in Monterrey, Mexico.

American Policy Center, for example, has issued a bulletin saying, "Quite simply, the U.N. wants the ability to tax citizens of the United States
and other nations on an individual basis.”

Think: Global IRS.

A new international organization is envisioned, Economic Security Council (ESC).

Henry Lamb, chairman of Sovereignty International and a walking encyclopedia on world government efforts from all directions, says ESC is
intended as the vehicle for formulating the global tax. This would be accomplished through "information sharing” coordinated by the United
Nations to track economic activity of every person and every business.

Known as the Tobin Tax, named after the Yale economist who came up with the idea, the purpose is to provide the United Nations with
"independent funding.” The aim here is to free the U.N. from those annoying elected U.S. officials who insist on accountability to the taxpayers
who foot the bills.

The Tobin Tax, an exchange of currency among nations, is estimated to yield more than 100 times the U.N.’s current budget. No more arguing
with people such as Sen. Jesse Helms who have led the drive to withhold payment of U.S. dues until the U.N. becomes less irresponsible.
Once this is enacted, the watchword would be just pay up and don’t ask questions.

With that kind of money, the United Nations would be able to call the shots as it pleases.

The tax aims to slow or stop speculation on exchange rates, according to Lamb. Supposedly, money would be taken away from the "greedy”
(i.e., the successful) who earn profits, and redistributed to Third World countries.

Supplementing or perhaps as an alternative to the Tobin Tax would be a worldwide tax on fossil fuels as a preventive measure against
so-called "global warming.”

That the "global warming” scare has been shown to be one of the biggest hoaxes of modern times is irrelevant. World government-minded
left-wingers need to keep the mythology alive to get their hands on your money without seeking your approval so they can remake the world
according to their utopian fantasies.

No Veto

As Sovereignty International points out, "No elected official in the United States [would have] any authority to alter or veto these decisions.”

Tom DeWeese, president of American Policy Center, has written President Bush urging him to resist all such international taxation schemes.

"There has been a virtual news blackout concerning the boldest, most dangerous scheme to deprive the United States and all other nations of
their sovereign rights, to take over the world’s financial systems, to tax all energy sources, air transportation [another idea being bandied about
among the conference planners], and other aspects of the world’s population,” writes DeWeese in a release dated Thursday.

As the International Conference on Financing for Development meets in Monterrey, the president will come under great pressure "to support
United Nations’ schemes for global taxation,” DeWeese warns Bush. "You are urged to vigorously resist them and condemn any plans for
global taxation.”

The plan would feed on itself. The ESC would create a 23-member council, selected on a rotating basis, no one with veto power, to form a
"consensus” process for decisions.

As Lamb notes, "The new ESC, if created, would be little more than a rubber stamp for U.N. bureaucrats” because it would consist of
representatives from member countries who are on the receiving end of handouts from an abundantly funded international organization. These
members, he observes, would be prime targets for manipulation by a de facto world government.

There are other facets to the 72-page recommendations of the High Level Council, including eliminating "tax competition” among nations.
Translation: It’s not fair that socialist countries, which have taxed themselves into the poorhouse, should be at a competitive disadvantage with
the United States, whose taxes are comparatively low.

That is reminiscent of efforts by OECD, the Paris-based Organization for Economic Cooperation and Development, about which
NewsMax.com has reported.

Clinton's Damage Never Ends

Preparation for the Mexico conference enjoyed the backing of the Clinton-Gore administration. In fact, Clinton Treasury Secretary Robert
Rubin represents the United States on this High Level Council. This is the same Robert Rubin implicated in Bill Clinton's Enron scandal.

The Bush administration’s views on all this are unknown. That is what sparked the letter-writing campaign, which DeWeese says is gaining
momentum despite the media blackout. Inquiries as to where the White House is going on these issues have elicited mixed signals.

Sovereignty International warns, "Once the United Nations has independent financing, and an adequate stream of revenue to maintain its own
standing army, it will be the world government that has been the dream of globalists for the entire century.”

That puts a fine point on it. Time is short. President Bush, and members of Congress, need to hear from grassroots Americans.
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