US Obama Pressing for New Global Financial Regulations

US Obama Pressing for New Global Financial Regulations

at G-20 News Conference; UK Brown Agrees (4/1/09)

London, England

Britain's Prime Minister Gordon Brown and U.S. President Barack Obama at a press conference

at the Foreign and Commonwealth Office in London Wednesday April 1, 2009.

(Photo: AP Photo/Anthony Devlin)

www.cbsnews.com/elements/2009/04/01/in_depth_politics/photoessay4908855.shtml

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Obama: Economic Differences 'Vastly Overstated

http://abcnews.go.com/Politics/International/Story?id=7226337&page=2

[At the news conference with British PM Brown...] "The questions were sharp and focused on the global economic crisis and whether the United States has to shoulder the blame."

" "The U.S. certainly has some accounting to do with respect to a regulatory system that was inadequate," Obama said. "I had a law professor who said some are to blame, but all are responsible." "

" "I think that the separation between the various parties involved has been vastly overstated," Obama said. "

That's just arguing at margins." "

Obama kicked off his day at the iconic home of the British prime minister -- 10 Downing St. -- joined by Secretary of State Hillary Clinton and Secretary of the Treasury Timothy Geithner.

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Obama, Brown Urge G20 Cohesion On Economy

Addressing Concerns Over Massive U.S.-British Stimulus Plans,

Obama Stresses Need For Regulation, Cooperation

www.cbsnews.com/stories/2009/04/01/politics/100days/worldaffairs/main4908697.shtml

April 1, 2009

(CBS/AP) Seeking to reassure European leaders that he will work with them,

not try to force their hands, to find a way out of financial gloom,

President Obama stressed Wednesday the need for tougher financial regulation

and urged global cooperation to fix economies.

Mr. Obama spoke at a news conference next to his British counterpart, Prime Minister Gordon Brown, and both

called for, and predicted cooperation among the leaders of the world's richest nations at Thursday's G20 Summit in London.

[continued...]

He prodded nations to spur growth and work together on regulatory reform,...

[continued...]

Brown even proclaimed that the world was "hours" away from agreeing on a cohesive global economic plan.

President Obama arrived at 10 Downing Street in London Wednesday morning for private talks with Brown, prior to the joint news conference.

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Transcript: Obama, Brown News Conference

The President Answered Questions With The British Prime Minister In London

April 1, 2009

www.cbsnews.com/stories/2009/04/01/politics/100days/worldaffairs/main4910067.shtml

[excerpts, emphasis added]

PRIME MINISTER BROWN: "Your first 70 days in office have changed America,..." "Today we are renewing our special relationship for new times." "The truth is that today's global problems require global solutions." "... President Obama and I are agreed today that the actions we take are global solutions required for global problems." "There are really five tests for the G20 summit, five tests for the world -- tests that if met, will create

a new consensus for the world. The speed and scale of global economic change has overwhelmed the national system of rules and regulations. So our first test is to agree tougher and more transparent supervision of banks, hedge funds, and what is known as the global shadow banking system. We are both agreed there will be no sustainable recovery until the banks are cleaned up and a new regulatory system is put in place." "Today, we,

the G20 leaders, will begin our discussions. Tomorrow, we must make decisions. And that is what we will do."

"Gordon Brown: G20`s Top Five" (Video - 4:02)

"Only On The Web": British Prime Minister Gordon Brown welcomed President Obama

ahead of the G20 world economic summit, outlining what he believes are the top five goals

for worldwide financial recovery. | Share/Embed

www.cbsnews.com/video/watch/?id=4908811n

PRESIDENT OBAMA: "... you're [ PM Brown] to be congratulated because you have shown extraordinary energy

and leadership and initiative in laying the groundwork for this summit. All of us owe Prime Minister Brown an extraordinary debt of gratitude for his preparations in what I believe will be a historic and essential meeting of the

G20 nations." "At home, we're moving forward aggressively on both recovery and reform." "And we've proposed

a clear set of tough, new 21st-century rules of the road for all of our financial institutions." "We have to do

what's necessary to restore growth and to pursue the reforms that can stabilize our financial system well into

the future." "And we have to put in place a structure that can sustain our cooperation in the months and years ahead."

"Obama Renews British Ties" (Video - 8:09)

"Only On The Web": President Obama spoke in London, England to renew U.S.-British alliances,

outlining economic and social goals and praising the world effort to sustain global economy. | Share/Embed

www.cbsnews.com/video/watch/?id=4908824n

MEDIA Questions:

Q "Prime Minister, thank you very much, indeed. Nick Robinson, BBC News. A question for you both, if I may.

The Prime Minister has repeatedly blamed the United States of America for causing this crisis. France and Germany blame both Britain and America for causing this crisis. Who is right? And isn't the debate about that at the heart of

the debate about what to do now? "

PRESIDENT OBAMA: "I would say that if you look at the sources of this crisis, the United States certainly has some accounting to do with respect to a regulatory system that was inadequate to the massive changes that had taken place in the global financial system."

[CCL Note: "ORDO AB CHAO" - "Order Out of Chaos" - modus operandi of the NWO Global Elites to advance their

goal of global, one-world government]

"I think what is also true is that here in Great Britain, in continental Europe, around the world, we were seeing the same mismatch between the regulatory regimes that were in place and the highly integrated global capital markets that had emerged."

[CCL Note: "ORDO AB CHAO" - "Order Out of Chaos" - modus operandi of the NWO Global Elites to advance their

goal of global, one-world government]

"And I think we've taken some very aggressive steps in the United States ... not just responding to the immediate crisis, ... , but more importantly for the long term, making sure that we've got a set of regulations that are up to the task." "And that includes a number that will be discussed at this summit." "So I actually think that there's enormous consensus that has emerged in terms of what we need to do now, ..."

[CCL Note: "ORDO AB CHAO" - "Order Out of Chaos" - modus operandi of the NWO Global Elites to advance their

goal of global, one-world government]

Responsibility Vs. Blame (Video - 4:57)

"Only On The Web": President Barack Obama and British Prime Minister Gordon Brown explain the

breakdown of global markets and the steps required to upgrade financial systems and regulations. | Share/Embed

www.cbsnews.com/video/watch/?id=4908850n

PRIME MINISTER BROWN: "... this is a global problem. It's a global problem that requires a global solution. What essentially happened is that the speed and the pace and the scope of global financial changes -- the mobility

of capital around the world -- overwhelmed system of national regulation. And if we don't accept that as the problem that we've got to solve, then we will not solve the problems this week." "This is a problem to build cross-border

supervision, to actually deal with the rules globally that can govern the financial supervision of banks and markets,..." "So we need global solutions to what is a global problem and I think we will agree a number of measures, as President Obama said, that will clean up the global financial system."

Q "Thank you, Mr. President, Mr. Prime Minister. Mr. President, you come here with several signs of fairly broad challenges to American economic leadership. There's the resistance to big, new stimulus spending; there's talk of

a global -- new global currency; talk of even stricter regulations than are on the table now. How do you answer that? And what do you say to the talk that there's a decline in the American model, American prominence?

And then to the Prime Minister, if I could. French President Sarkozy said he might walk out of the summit if the regulations that are on the table do not get more strict, say, on offshore tax havens and on risky financial products. Can you answer that?

PRESIDENT OBAMA: "I think that the separation between the various parties involved has been vastly overstated." "On the regulatory side, this notion that somehow there are those who are pushing for regulation and those who are resisting regulation is belied by the facts. Tim Geithner, who's sitting here today, went before Congress and proposed as aggressive a set of regulatory measures as any that have emerged among G20 members.

That was before we showed up." "... the truth of the matter is, is that I think there has been an extraordinary convergence ..."

PRIME MINISTER BROWN: "Let me also add that I'm confident that President Sarkozy will not only be here for the first course of our dinner, but will still be sitting as we complete our dinner this evening." "And I think, as President Obama has said, look, never before has the world come together in this way to deal with an economic crisis. Any of the crises that we've seen since the second world war, you have not had this level of international cooperation. And never before have the world come together with so many countries represented from so many different continents

to address this crisis. So we have China, we have India, we have Argentina, Brazil, we have South Africa, we have Russia, as well as Europe and America and Japan." "And we are within a few hours I think of agreeing a global plan for economic recovery and reform. And I think the significance of this is that we're looking at every aspect.

It is American leadership on reshaping the financial system, on recapitalizing the banks, on restructuring the banking system that will inform our discussions on the future of the financial system. So I praise President Obama for the work that has been done within only a few days of coming into office."

PRESIDENT OBAMA: "... the only advice I would give Gordon Brown is the same advice that I gave myself during the campaign and that I've been giving myself over the last three months, which is over time good policy is good politics." "... how can I make the best possible decisions to create jobs, help young people imagine a better future, provide care to the sick or the elderly or the vulnerable,... "

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London, England

From left to right, British Foreign Secretary David Miliband, U.S. Sec. of State Hillary Rodham Clinton,

British Prime Minister Gordon Brown, U.S. President Barack Obama, U.S. Secretary of Treasury Timothy Geithner

and British Chancellor of Exchequer Alistair Darling, at 10 Downing Street in London, Wednesday, April 1, 2009.

(Photo: AP Photo/Pablo Martinez Monsivais)

http://www.cbsnews.com/elements/2009/04/01/in_depth_politics/photoessay4908855.shtml [ CCL Note: photo no longer at this link]

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Friday, March 27

Obama's Banking Aims Focus on Regulation, Unfreezing Credit

03-27-2009

http://vvi.onstreammedia.com/cgi-bin/visearch?user=pbs-newshour&template=template.html&squery=%2BVideoAsset:pbsnh032709

PBS Newshour (a.k.a. "CFR Evening News")

US President Barack Obama meets at White House with 15 top bank and

financial industry exectives (3/27/09)

http://content.usatoday.com/communities/theoval/post/2009/03/64723445/1

("Which bank executives are meeting with the president? Here's the list")

By Mark Wilson, Getty Images

John Stumpf, CEO Wells Fargo and other executives leave the White House after a meeting with President Obama.

www.usatoday.com/money/economy/2009-03-27-obama-meetsbanks_N.htm?loc=interstitialskip

("Bank CEOs give Obama some support ")

"The White House meeting came ahead of next week's G20 summit, at which Obama is expected to pitch his plans to rescue the recession-hit U.S. economy to fellow world leaders."

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Related report from Columbia Christians for Life:

The New World Order is about:

1) one-world government (UN, G-20, G-7, EU, NATO, NAFTA, WTO, CAFTA, SPP, NAU, ad nauseam)

2) one-world money (Euro, Amero, Federal Reserve, World Bank, IMF, ad nauseam)

3) one-world religion (Ecumenism - all the world's false religions under Rome's Vatican)

4) global population reduction (abortion, birth control, disease, famine, and war are all "instruments"

of this satanic policy objective - by possibly 90% -

www.radioliberty.com/stones.htm / www.radioliberty.com/pca.htm )

NWO Globalist Leaders UK PM Brown, US Pres. Obama, US Treas. Geithner, et al.,

Surge Preparations, Week of March 23-27, Prior to G-20 London Summit April 2

Vatican's NWO Illuminati Elites use "Ordo Ab Chao" to advance global government

(1) Will Obama agree at the G-20 London Summit to establish a Global Central Bank,

a Global "Federal Reserve," in the name of "reforming" global banking regulations ?

(2) Will the U.S. dollar lose its status as the world reserve currency ? Will Obama agree

at the G-20 London Summit to study the proposal for an IMF, or other, Global Currency ?

(3) Will the American people wake up and focus enough to force the U.S.S.A. Congress

to have the vision and courage to protect America's monetary and banking sovereignty ?

March 30,

www.christianlifeandliberty.net/2009-03-30-Brown-Obama-Geithner-G20-Prep-March-23-27.doc

[Condensed Version:]