In a video we prepared last week, we described the mechanism behind the four sided ponzi pyramid scheme that helps to explain the present global financial crisis. However this can best be grasped if we can look at this global financial crisis within a much grander scheme which is the so called “new world order”. We hear a lot about the new world order these days. We know something is happening out there, but we’re not quite sure what. in a way when there’s smoke, there is fire and we can see that the New World Order fire is spreading and spreading quickly. Seeing the dire state of the word now our instincts tells us that there is definitely something wrong. Something is rotten, and it’s not exactly in the state of Denmark.

But the excuse seems to be, it’s the new world order and I’d like to talk about the new world order. The new world order really is how we say a generic term. It’s an overhaul. It’s a description of the overhaul to go into the next stage. Let’s look back in history. We had a new world order in 1919, when the victorious allies, France, Britain, and the United States defeated the central powers. Germany, Austria, Hungary, and the Turkish empire. it was very politically centered, but they did get together in Paris, France, to plan out the new world order. And that sort of guaranteed that the conditions were so bad against Germany and the defeated powers that it guaranteed the second world war. But the important thing to at that at that time in 1919, to plan out the new world order they founded two organizations. The New York based Council on Foreign Relations and the London based Royal Institute on International Affairs also known as Chatham House. That new world order had achieved destroying the monarchies, and preparing the way for socialisms, communism, even national socialism and other socialisms. Then we had the second world war. And in 1945, again they meant to prepare a new world order. And what was that new world order? Well after Yalta [Conference] and the division of the world, it was basically splitting the world up between the United States and its allies, and the Soviet union and its allies. And they also prepared a very economically centered new world order. They founded the Bretton Woods Conference, the IMF International Monetary fund, the World Bank, the World Trade Organization. It was the USSR against the USA.

And now when we get to 1991 again George H W Bush Sr announced in 1991 that we had a new world order because the Soviet Union had collapsed and the new world order at that time was globalization. Which was the consolidation of private power and it was the consolidation of the deregulation of the economy and so forth. And what we have today in 2008 2009 the advent of another new world order. And this time the new world order will not be mere globalization it is something much stronger and much more dangerous. It is world government.

So what do they talk about when they say world government. Well first of all, we’ve had world government for much longer than you think,. We just don’t see it. Because we always think of government as something public. With all the trappings and symbols of public government; the flag, the President in the Oval Office, ‘hail to the chief’ when he comes out in his official capacity, military honors, intense media coverage… This is so in the United States, in Europe, in Argentina. Whether its the White House, whether it’s the Casa Rosada in Argentina or whether it’s Capitol Hill. But if you analyze it, the most profound change that the world has undergone in the last 40 years that ‘power’. The capacity to do. The capacity to make things happen in one way and not in another, that power, which is colossal, has been privatized.

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We talk a lot about privatizations and we think of the telephone companies, the railways, I dunno' the gas company... OK those are operational privatizations. But the real privatization of the last 30 to 40 years is the privatization of power. And this is where public opinion gets confused. Because we think, and rightly so, that public institutions government institutions are there to promote the common good, or at least they should be there... However, if we have a private world government which is run by private institutions as we will set in a moment, there we have a problem, because private institutions really don't have an obligation, a legitimate obligation to work for the common good. Private organizations, legitimately so, work for their own good. So there we have one of the keys to the problem. We have a world government, but it is mostly private, and the private institutions running the world government are not geared or focused on the common good. So what we have nowadays is private power. And private power is the power running the world government. Can we see it? Not easy. Is it a conspiracy? No way. And I'm going to tell you why.

Because the organizations running this, until now private world government, have names, addresses, websites, emails... They issue documents. They publish books. They have logos. They make reports. It's all out there. All you need to do is, like a jigsaw puzzle, put the pieces together.

I would say there are about 2000 of these think tanks, the world over. And since this is very vertical in the chain of command, of those 2000 think tanks 200 are the ones that really count. And of those 200 there are 20 that really have clout. And of those 20 there are 5 that sit at the very pinnacle of this global power pyramid. And those 4 or 5 have names. It's no conspiracy, and I'm going to name them for you. You probably know this. It's the Council on Foreign Relations founded in 1919 when they had to prepare the new world order after the first world war. It's its sister organization the Royal Institute on International Affairs, Chatham House as it is called, based in London; also founded in 1919. It's the so called Bilderberger Conference founded in 1954, and that is probably the most powerful of these 4 or 5 I am going to describe... and that was founded in 1954. And it's the Trilateral Commission founded by Rockefeller and Kissinger and other - the Rothschilds back in 1973 to coordinate the actions of the United States, Western Europe at that time, and Japan. And it's grown ever since. And here's where you can find some patterns which help to explain how this world power, how this world government works.

Hello, my name is Adrian Salbuchi and I’m speaking to you from Buenos Aires in Argentina. Everybody seems to be talking about the global financial crisis. But I want to show you, based on our experience here in Argentina, that there is no global financial crisis. What you are suffering, the First World, is an irreversible global systemic melt down. There’s no way of saving it. You might think, well this is a little bit exaggerated, but I want to show you, based on our experience, perhaps we know better.

I have here a coin which is 1 Argentine peso. This will buy you, well it’ll hardly buy you a bus trip in downtown Buenos Aires. And yet if I were to go to 1970 – in 1970 this little coin would have purchased you Argentina 4 or 5 times after another. Why? Because since January of 1970, we have undergone 4 major monetary changes where they’ve knocked off zeros on our currency. Thirteen zeros to be exact. So this would be worth 10 trillion pesos from that time and 10 trillion pesos at that time would’ve bought you Argentina… 3 or 4 times over. That’s inflation. Actually that’s hyper inflation. So when we hear about your inflationary concerns and everything, we’ve seen that, we’ve done that. We’ve been through the whole thing.

The whole global financial system is a ponzi scheme. And I’m going to show you how this works. First side of the global financial pyramid. Planned monetary insufficiency. The real money in every country – United States, Argentina, Brazil, Britain… Real money is the money that is issued by the state. In other words real “hot money” let’s call it that way, legal tender. Which in the United States is a funny sort of money because it’s issued by the Federal Reserve Bank. And the Federal Reserve Bank is a private entity. Let’s say central banks issue the real money. The dollar bills, the euros, the Argentinian pesos and so forth. The whole system is planned in such a way that there is never real money for the needs of the economy.

There enters the second side of the pyramid. Since there is not sufficient public money, that is replaced, or that is substituted by private money. In other words, the private banking system exerts sufficient control over the state and over the central bank, over the Federal Reserve System, as to guarantee that it will always issue insufficient amounts of money. And in comes the private banking system saying ‘Mr. individual, Mr corporation, Mr. government… you need money? No problem. We’ll give it to you.’And that’s when the banks come out with the fractional reserve system and charging huge amounts of interest. Whereby for all the loans that they make, tey make huge amounts of money. That’s the second part of the pyramid. Replacing real money, with funny money. In other words banking money, Which grows at an exponential rate because it grows based on the fractional monetary system, the fractional banking system.

The third side of the pyramid.Do everything by debt. Consumers are always indebting themselves. Do everything with a credit. Do everything with a loan. If an individual wants something, no problem have it on credit. If a corporation needs to build a new headquarter or a new manufacturing assembly line, no problem. Do it on credit. If the government has to do something in Argentina, the United States, no problem. Just get yourself nicely indebted with all the major private banks.

And you have now a situation where, in the United States for example, the government owes over 10 trillion dollars, that’s your debt indebtedness. Corporations owe about 9 trillion dollars. Individuals owe about another 9 trillion dollars. my country Argentina, the state is indebted over 350 billion dollars and our individuals are also indebted. Everybody’s indebted. Everywhere in the world. Individuals, corporations, states… Everybody owes money. And the key question is owes money to who. Why is the entire planet indebted to somebody?

And the forth part of the pyramid is the one we Argentinians are experts on. And I will call it privatizing the profits, socializing the losses. Because since the whole thing is a model, that model can be predicted how it will react, we know that when this ponzi scheme is growing there’s money all over the place. There’s easy loans, easy credit – “everybody” makes money. And when this is growing, the whole system is planned in such a way, that the channels for the huge profits will go to the private bankers. It will go to the private shareholders. It will go to all the people that they want it to go to. When it gets to a point where this is just going to explode, as happened to you (U.S.) on September of 2008, the whole thing starts collapsing, a new set of channels is activated. And all the losses are socialized. Just as the profits were privatized to the people they wanted to privatize them to, when the whole thing blows down and starts imploding and collapsing, that is socialized by taxpayer bailout plans or via the Federal Reserve issuing trillions of dollars of fake money, which means the entire planet is paying for it.

Argentina, October, 2001. The government of the Alliance loses the legislative elections. President De la Rua refuses to change his policies. In 2 years of power his progressive program was replaced by the plans of the IMF, a continuation of the policies of Carlos Menem. The recession deepens. Millions are poverty stricken and unemployed. Massive flight of capital. Bank accounts are blocked.The crisis worsens. December 19, 2001.

“In view of the situation, I have decreed a state of siege for the entire country and informed Congress of it. Our country is going through a difficult period…”

After many years the apathy in the country the insurrection exploded.

The never ending debt. Ever since Independence, almost 200 years ago, Argentina’s foreign debt has been a source of impoverishment and corruption and the biggest scandals. Since the first loan negotiated by Rivadavia in 1824 with the British bank Baring Brothers, the debt was used to enrich the Argentinean financiers, to control the finances, and empty the country of its wealth.

The policy of indebtedness gave rise in Argentina to generations of technocrats and bureaucrats, who favored banks and international corporations over their own country.

A good example is what the North Americans invented around 1898, at the same time they occupied Cuba. Some Spanish Banks had granted loans to the colonial government of Cuba. he North Americans said: If the Cuban people didn’t benefit from these loans, there’s no public debt. In 1923, a British Bank, the Royal Bank of Canada, lent a petty tyrant of Costa Rica, called Tinoco, a sum that he used for personal goals. The Royal Bank of Canada asked Costa Rica for repayment.

The problem of private debts, that were illicitly nationalized by Mr. Cavallo, must be absolutely reexamined. What is this theory? It’s the theory of the Odious Debt. A director of the IMF, Karen Lissakers, representing the United States said:”If we applied the theory of odious Debt, the Third World’s debt would no longer exist.”