Welcome back to New World Next Week - the video series from Corbett Report and Media Monarchy that covers some of the most important developments in open source intelligence news. This week:
Visit NewWorldNextWeek.com to get previous episodes in various formats to download, burn and share. And as always, stay up-to-date by subscribing to the feeds from Corbett Report here and Media Monarchy here. Thank you.
geithner briefs super power elite from economic policy journal: The heavyweights want a report from the Treasury Secretary, including David Rockefeller and Lynn Forester de Rothschild (Forester was introduced to soon to be husband, Sir Evelyn de Rothschild, by Henry Kissinger at the 1998 Bilderberg Group conference in Scotland. They spent their honeymoon at the White House.) In addition to Rockefeller and Lady de Rothschild, on Friday afternoon, Treasury Secretary Geithner will also meet with the other members of the Board of Directors of the Peter G. PetersonInstitute for International Economics to discuss the Administration’s agenda for economic growth and strengthening the global financial system. Here's the hefty list of the Institute's Board of Directors...
brzezinski decries 'global political awakening' during cfr speech
from dpa: Robert McNamara, the former US defence secretary and architect of the Vietnam War, has died at the age of 93, the Washington Post reported Monday, citing members of his family.
McNamara was a key planner of the Vietnam War, leading the Pentagon from 1961 to 1968 under presidents John F Kennedy and Lyndon Johnson. He went on to serve as head of the World Bank.
McNamara orchestrated the escalation of the war in Southeast Asia and soon became the focal point for anti-war protests in the United States. The Vietnam War quickly became known as 'McNamara's War.'
But McNamara later in life admitted he developed deep regrets and doubts towards the end of his controversial tenure. As fissures began to develop with Johnson, he was appointed to serve as head of the World Bank in 1968. The war continued seven more years after his departure.
In a 1995 memoir, In Retrospect: The Tragedy and Lessons of Vietnam, McNamara expressed misgivings that prompted a renewed debate over the war, which killed nearly 60,000 US troops and millions of Vietnamese.
McNamara was a businessman, not a defence specialist, before being appointed the country's eighth defence secretary by Kennedy. He had been the first non-family member to head the Ford Motor Company.
McNamara, who was born in San Francisco, died at his home in Washington, the Post reported. He leaves behind a wife, Diana. His first wife, Margaret, died of cancer in 1981. They had three children.
mcnamara deceived lbj on gulf of tonkin, documents show from raw story: Official government documents reveal new side of defense secretary’s legacy... On the following audio file from The Lyndon Baines Johnson Library, Johnson can be heard telling McNamara that he had misinformed him about the alleged attack:
regulators shut banks in georgia, michigan, california & idaho from bloomberg: Regulators seized banks in Georgia, Michigan, California and Idaho with total assets of $2.3 billion, bringing the tally of failures in the U.S. this year to 29, exceeding the total for all of 2008. American Southern Bank of Kennesaw, Georgia; Michigan Heritage Bank in Farmington Hills; and First Bank of Beverly Hills in Calabasas, California, were shut by state agencies. First Bank of Idaho in Ketchum was closed by the Office of Thrift Supervision. The Federal Deposit Insurance Corp. was named receiver of all four. The seizures will cost the FDIC’s insurance fund a total of $698.4 million, with more than half of that tied to the failure of the California bank. While banks in the other three states are being taken over by institutions in their regions, the FDIC couldn’t find a buyer for First Bank of Beverly Hills, forcing the regulator to assume the company’s $1.5 billion in assets.
protesters, police clash near imf meetings in dc from afp: Seven people were arrested near the International Monetary Fund's Washington headquarters on Saturday as they tried to stop meetings taking place inside, police said. "Six people were detained for vandalism offenses and a seventh was detained for assaulting a police officer," Washington police spokesman Quentin Peterson told AFP. Two banks were attacked in disturbances that began early on Saturday morning and were aimed at disrupting the spring meetings of the IMF and World Bank. Police did not offer an estimate for the number of people involved in the disturbances, but organizer David Combs of the the Global Justice Action group said protesters numbered 300. Local media put the figure at closer to 100. "The aim of the protests was to express outrage at the IMF's long-standing (habit) of ignoring human rights and environmental concerns," Combs said. Protesters carried banners berating the Bretton Woods institutions and calling for an end to capitalism. They carried placards stating that "Capitalism is Crisis" and shouted slogans calling for the IMF to be shut down, before clashing with police. Law enforcers had earlier announced road closures around the IMF - which lies in central Washington, not far from the White House - until Sunday when meetings are scheduled to conclude. The World Bank on Saturday launched a 55-billion-dollar infrastructure investment program as part of efforts to help developing countries weather the worst global slump in decades.
g20 to give $1t to world bank & imf from ap: World leaders pledged $1.1 trillion in loans and guarantees to struggling countries and agreed Thursday to crack down on tax havens and hedge funds - but failed to reach sweeping accord on more stimulus spending to attack the global economic decline. At the end of a highly anticipated one-day gathering, leaders of the Group of 20 nations said they would upgrade an existing financial forum to serve as an early warning monitor to flag problems in the global financial system. They did not, however, satisfy U.S. and British calls for new stimulus measures. Nor did European politicians get their goal of a global financial superregulator.
g20 summit: neolib agenda untouched, next crisis phase looming from global research: The G20 summit meeting in London from April 1st onward was loudly announced and publicized. Those 20 industrialized and emergent countries (G20) are meeting to find solutions to the crisis. But long before the end of the summit, it is clear that they will not rise to the challenge. The G20 was not created in order to provide genuine solutions; it was hastily summoned a first time in November 2008 to salvage the powers that be and try and to plug the breaches in capitalism. It is therefore impossible for this body to opt for measures that are sufficiently radical to save the day.
1st black president grovels to virulently racist royal family from steve watson: The sight of any U.S. president literally bowing to British royalty is enough for many Americans to become outraged. However, the fact that the latest to do so is America’s first black president made yesterday’s exchange between Obama and the Queen of England even more troublesome. Prior to meeting the Queen and her notoriously racist husband, Prince Philip, Obama announced that he “loves” her and that “in the imagination of people throughout America” the queen stands for “decency” and “civility”. How repugnantly ironic that the first black president of the so called “free world” should refer to the most entrenched prejudiced and elitist institution in Europe as an icon of “civility”! ... Reports also circulated regarding Obama practicing bowing and brushing up on courtly etiquette ahead of the meeting... Michelle Obama curtsied to the Queen, however, later on she was treasonously caught inappropriately putting her hands on the glorious Monarch. The London Telegraph even issued a report on how the move was “a departure from what is considered appropriate protocol when meeting the Queen.” ... Prince Philip has made so many racist remarks in public, that they literally fill an entire book... It is well documented that Prince Philip’s sister, Sophia, was married to Christopher of Hesse-Cassel, an SS colonel who named his eldest son Karl Adolf in Hitler’s honour. Indeed, all four of Philip’s sisters married high-ranking Nazis... Two years ago, more revelations of Philip’s Nazi links emerged in a book that featured never before published photographs of Philip aged 16 at the 1937 funeral of his elder sister Cecile, flanked by relatives in SS and Brownshirt uniforms... Philip also helped start the World Wildlife Fund with former Nazi SS Officer Prince Bernhard of the Netherlands, who is closely affiliated with the founders of the Bilderberg international power group... Philip was also trained in the Hilter Youth. His belief in Nazi ideology is clear when one looks at what he has said on the subject of overpopulation. In the foreword to his 1986 book If I Were an Animal, Prince Philip wrote, “In the event that I am reincarnated, I would like to return as a deadly virus, in order to contribute something to solve overpopulation.”
convicted inside trader & elite finance oligarch george soros says: i'm having a very good crisis from daily mail: A hedge fund manager who predicted the global credit crunch has said the financial crisis has been 'stimulating' and the culmination of his life's work. George Soros, who predicted the global financial crisis twice before, was one of the few people to anticipate and prepare for the current economic collapse. Mr Soros said his prediction meant he was better able to brace his Quantum investment fund against the global storm. But other investors failed to take notice of his prediction and his decision to come out of retirement in 2007 to manage the fund made him $US2.9 billion. And while the financial crisis continued to deepen across the globe, the 78-year-old still managed to make $1.1 billion last year. "It is, in a way, the culminating point of my life’s work," he told national newspaper The Australian.
china voices support for new global currency to replace dollar from paul joseph watson: China has expressed support for Russia’s proposal to hand the IMF the power to create a new supra-national global currency in response to the call for an alternative to the U.S. dollar as the world reserve currency. Last week the Kremlin called for the “creation of a supranational reserve currency to be issued by international institutions as part of a reform of the global financial system.” The Russian proposal stated that the IMF should take the lead in establishing a “superreserve currency accepted by the whole of the international community.” China today expressed support for the initiative and said it was ready to discuss the proposal at the upcoming G20 meeting in London on April 2.
geithner pressed on goldman sachs connections from raw replay: Rep. Maxine Waters asked Secretary Geithner about his connections to Goldman Sachs at a House banking hearing today. Goldman Sachs is known to have received bailout money given to A.I.G. Goldman may have participated in the government decision to provide the original bailout money to A.I.G.
stiglitz: geithner plan will rob US taxpayers from reuters: The U.S. government plan to rid banks of toxic assets will rob American taxpayers by exposing them to too much risk and is unlikely to work as long as the economy remains weak, Nobel Prize-winning economist Joseph Stiglitz said on Tuesday. "The Geithner plan is very badly flawed," Stiglitz told Reuters in an interview during a Credit Suisse Asian Investment Conference in Hong Kong. U.S. Treasury Secretary Timothy Geithner's plan to wipe up to US$1 trillion in bad debt off banks' balance sheets, unveiled on Monday, offered "perverse incentives", Stiglitz said. The U.S. government is basically using the taxpayer to guarantee against downside risk on the value of these assets, while giving the upside, or potential profits, to private investors, he said. "Quite frankly, this amounts to robbery of the American people. I don't think it's going to work because I think there'll be a lot of anger about putting the losses so much on the shoulder of the American taxpayer."
people all over the world are starting to wake up & speak up against the wars & against the banksters... but is it too little too late?
antiwar activist says obama's war policies worse than bush from cns news: President Barack Obama’s war policies in Iraq and Afghanistan are criminal and worse than those of former President Bush, according to Adam Kokesh, who serves on the board of directors of the anti-war group Iraq Veterans Against the War (IVAW)... “In some ways, Obama is worse than Bush,” Kokesh told CNSNews.com. “Bush wasn’t proposing a surge in Afghanistan – and Bush was talking about a quicker timeline for withdrawal than Obama... I’m not disappointed because I never had any hope in him,” said Kokesh. “All of the predictions of those of us who read the fine print about Obama have come true. During the primaries he sold himself very vaguely as a peace candidate and said he wanted to end the occupations... But when that congealed into something specific, I could see right away he really had no interest in reforming foreign policy or ending these occupations,” Kokesh said... When it comes to war policy, there were a number of presidential candidates who would have been better than Obama, including 2008 candidates Rep. Dennis Kucinich (D-Ohio), former Sen. John Edwards (D-N.C.), and Rep. Ron Paul (R-Texas), said Kokesh.
antiwar protesters march to pentagon from ap: Hundreds of war protesters from across the U.S. gathered in Washington on Saturday to mark the sixth anniversary of the invasion of Iraq... Protesters demanded that President Barack Obama immediately withdraw all U.S. troops from Iraq, saying thousands of Iraqis have died and thousands of American troops have been killed or wounded. Protesters lined up about 100 cardboard coffins on the ground draped with flags, including the American flag, representing countries where the U.S. has taken military action. Anti-war activists said even though former President George W. Bush is out of power, they are disappointed with what they see as stalled action from Obama. Several of them said they supported Obama during his campaign, but that his administration has let them down by not ending the war sooner.
dodd in the hot seat over aig from ap: ... While [Christopher] Dodd, 64, has only recently found himself in the nation's political hot seat because of his role in the AIG bonus debacle, it has become clear that his issues with voters back home have been festering for two years. The AIG controversy appears to have exacerbated his popularity problems. "His numbers started to fall two years ago, and it had nothing to do with the economy," said Quinnipiac University Poll Director Douglas Schwartz. "It's been a cumulative effect that has brought him down." Dodd's decision to move his family to Iowa to campaign for a doomed bid for president, his initial refusal to release documents of his two controversial mortgages with Countrywide, criticism of how he financed a vacation cottage in Ireland, and now his involvement as Senate Banking Committee chairman in the bill that ultimately protected bonuses for executives at insurance giant AIG have all taken their toll. A takedown of a national party figure like Dodd would be a coup for Republicans eager to rebound from their recent congressional losses. "This is a state we will be actively participating in," said Amber Wilkerson, a spokeswoman for the National Republican Senatorial Committee.
why it's getting harder to evade taxes (a message from the man warning you not to try it) from time: Politicians don't usually like being interrupted during interviews. But sometimes it's worth making an exception. During a sit-down conversation with TIME last week, British Prime Minister Gordon Brown happily broke off to read a faxed letter handed to him by an aide. As anticipated, the note, from the Swiss President, brought welcome news: Switzerland was finally relaxing its decades-old banking-secrecy laws. "That is a major step forward," Brown enthused, brandishing the fax between his fingers. "This," he said, marks "the beginning of the end of tax havens." That may be too optimistic. There will always be some corner of the globe offering itself up as a place people can squirrel away their money. But Brown is right that Switzerland's decision to share information with other countries in cases of suspected tax evasion is revolutionary, not least because the Alpine nation's identity is so closely tied to its famously discreet banks. And Switzerland wasn't the only one making concessions last week. Andorra, Austria, Liechtenstein and Luxembourg all pledged to meet the same international standards on cooperation. Singapore and Hong Kong had promised much the same a few days earlier.
california capital to close tent city (but the obamavilles will keep growing) from dpa: A tent city that sprang up in the California state capital of Sacramento and became a symbol of the country's desperate economic plight is to be closed within three weeks, the Sacramento Bee reported Friday. Mayor Kevin Johnston said the plan was to move hundreds of the tent city residents to 'safer, more sanitary' quarters and cordon off the pasture which they had called home. The makeshift settlement got international attention last month when TV chat queen Oprah Winfrey filmed a segment at the site showing the deplorable conditions, with people living without running water, electricity or toilets. Though the camp was seen as a stark illustration of the impact of the housing crisis, local reports have noted that most of its occupants have been homeless for years and that only a handful are people who have recently lost their jobs and homes due to the current economic crisis. Johnson said the city has identified 150 beds that can be used immediately for temporary and permanent housing for tent city residents, while other members of the camp could be housed in modular units at an exhibition center or in subsidized 'shared housing' apartments.
from rogue government: The New World Order is for the most part already here. This might be a horrible fact for most to accept but unfortunately it is a reality. For many years we have had international institutions like the United Nations, the International Monetary Fund, the World Bank, the World Trade Organization and many others actively working towards global government. Phony free trade deals like NAFTA, CAFTA and others have been utilized to tear down borders between nations and usher in a new age of globalization. Prominent individuals such as George HW Bush, David Rockefeller, Henry Kissinger, Gordon Brown, Bill Clinton, Gary Hart and several others have spoken about the possibility of forming a global government or a New World Order. Despite the revelations from these men, it has continually been dismissed as conspiracy theory by the corporate controlled mockingbird media. In fact Kissinger, the former Secretary of State under Richard Nixon, spoke yet again about a New World Order during a CNBC interview and recently wrote an opinion editorial published in the International Herald Tribune entitled “The Chance for a New World Order”. If the New World Order is a conspiracy theory, why is it that prominent individuals amongst the U.S. and European political elite continue to talk about it?
'economic 9/11' exacting grim psychological toll in US from afp: The murder-suicide of a Los Angeles financial manager who shot dead five members of his family before killing himself has highlighted the psychological toll of the economic meltdown. The bodies of Karthik Rajaram, a 45-year-old business school graduate, and his wife, three children and mother-in-law, were discovered at his home in an upmarket gated community on Monday. In a letter to police, Rajaram said he had been driven to murder because of his dire economic situation: already unemployed for several months, his remaining finances were reportedly wiped out by Wall Street's collapse. Rajaram's tragic case has become a grim symbol of the US financial crisis. Or as Los Angeles deputy police chief Michael Moore put it, "a perfect American family destroyed by a man stuck in a rabbit hole of absolute despair." The Los Angeles case came less than a week after a 90-year-old woman in Ohio shot herself as she was about to served an eviction notice on the home she has lived in for the past 38 years. The two harrowing incidents have drawn attention to the mental-health impact associated with the most serious US financial crisis since the Great Depression of the 1930s, experts say.
lehman ceo got punched in the face from consumerist: Dick "It Wasn't My Fault" Fuld, the CEO of bankrupt investment bank Lehman Brothers, (seen here being heckled after testifying on Capitol Hill) was apparently punched in the face while working out in Lehman gym on the Sunday following the bankruptcy, according to CNBC's Vicki Ward. Fuld testified before the House Oversight Committee yesterday, blaming everyone but himself for Lehman's collapse, an attitude that prompted Ward to confirm reports that he'd been punched in the face and to side with the attacker: “From two very senior sources – one incredibly senior source – that he went to the gym after … Lehman was announced as going under. He was on a treadmill with a heart monitor on. Someone was in the corner, pumping iron and he walked over and he knocked him out cold. And frankly after having watched this, I’d have done the same too.”
british govt moves to prop up banking sector from washington post: Britain's mammoth new bank bailout plan, potentially nearly as large as the rescue package in the United States, failed to calm European investors Wednesday after its early morning emergency announcement. All over the continent, stocks dropped sharply again and even some of the banks the plan is meant to stabilize suffered new sell-offs.
from thinkprogress: The National Debt Clock in New York’s Times Square — first erected in 1989 when the debt was less than $3 trillion — cannot keep pace with the growing national debt, now at more than $10 trillion. NBC’s Brian Williams reported last night that “the debt has been piling up so fast lately they had to drop the dollar sign to make room for an extra digit.” A new clock with two extra digits will go up next year. Recall in September 2000, during President Clinton’s last year in office, the National Debt Clock had the reverse problem. It was shut down because “it started ticking in the opposite direction, shaving off roughly $30 a second.”
after bailout, aig execs head to california resort from abcnews: Less than a week after the federal government committed $85 billion to bail out AIG, executives of the giant AIG insurance company headed for a week-long retreat at a luxury resort and spa, the St. Regis Resort in Monarch Beach, California, Congressional investigators revealed today.
new world order is the endgame, says glenn beck from daily newscaster: “There is a global meltdown coming. It is global depression. And one world currency and one world financial system is the endgame... China said last week they want one global currency. France said yesterday … they want one world order - a new world order at the end of this event."
bankers want world economic govt to solve financial crisis they created from paul joseph watson: The world’s central bankers are gathering this week at the IMF-World Bank conference in Washington DC and are expected to grease the skids for the creation of a machinery of world economic governance under the pretext of preventing a repeat of the financial crisis, a global economic policeman to patrol a de-facto financial dictatorship. Bilderberg member and recently appointed UK Business Secretary Peter Mandelson argued last week that new global solutions are needed because “the machinery of global economic governance barely exists”, adding: “It is time for a Bretton Woods for this century,” reports the Telegraph, noting that “Opinion is now hardening around the case for a new global architecture to enforce rules that ensure lessons are learnt.”
gold soars over 8% from reuters: U.S. gold futures rose 8 percent on Wednesday, soaring above $840 an ounce as investors poured into the gold market as a safe haven amid heavy losses in stocks and ongoing financial turmoil, traders said. The U.S. gold contract for December delivery was up $58.70, or 7.5 percent, at $839.20 an ounce at 11:55 a.m. EDT on the COMEX division of the New York Mercantile Exchange. The session high was $843.60.
soros compares mishandling of current crisis to great depression
from paul joseph watson: Billionaire investor George Soros has slammed US Treasury Secretary Hank Paulson for behaving in the same manner as bankers in the 1930’s and mishandling a financial crisis that threatens a repeat of the Great Depression. Soros told BBC Newsnight that the world was merely at the beginning of a financial storm and warned, “We mustn’t allow the financial system to collapse as it did in the 1930s.” Referring to Hank Paulson, the US Treasury Secretary, Soros stated, “The way Paulson is handling the situation is reminiscent of the way the bankers handled it in the 1930s.” ... Soros, a former member of the Board of Directors of the Council on Foreign Relations, is ranked by Forbes as the 99th richest person in the world with a net worth of around $9 billion.
fed to give aig $85b loan & take 80% stake from iht: Acting to avert a possible financial crisis worldwide, the U.S. Federal Reserve Board reversed course Tuesday and agreed to an $85 billion bailout that would give the U.S. government an ownership stake in the troubled insurance giant American International Group. The decision, announced by the Fed only two weeks after the Treasury Department took over the quasi-government mortgage finance companies Fannie Mae and Freddie Mac, is the most radical intervention in private business in the central bank's history.
fed pumps $70b into financial system from ap: Urgently trying to keep cash flowing amid a Wall Street meltdown, the Federal Reserve on Tuesday pumped another $70 billion into the nation's financial system to help ease credit stresses. The Federal Reserve Bank of New York's action came in two operations in which $50 billion and then another regularly scheduled $20 billion were injected in temporary reserves. The maneuver takes place as Federal Reserve Chairman Ben Bernanke and his central bank colleagues prepare to meet to decide their next move on interest rates and conduct a fresh assessment of the country's financial and economic troubles.
run on the bank? americans could lose their deposits from paul joseph watson: You know things are bad when Yahoo.com, the most trafficked website in the world and usually a purveyor of mindless celebrity gossip, cooking tips and dating advice, features a top story about how Americans could lose their bank deposits following the collapse of Lehman Brothers. For the Internet giant to prominently report that there is already a “slow motion run on banks” is indeed a landmark event, and precludes even the most ignorant American from claiming they were not forewarned about the unfolding economic catastrophe. The article points out that although the Federal Deposit Insurance Corp. guarantees individual accounts up to $100,000, the FDIC fund only has about $50 billion to “insure” about $1 trillion in assets across the nation’s financial institutions. When Americans realize the fact that banks are “going to run out of money”, the article nonchalantly states, a run on the banks will accelerate.
does financial doom mean 'mad max' world? from chris cope: Apparently the economy blew up over the weekend. Again. Like those 1960s Christmas lights that fire officials are always urging our grandparents to throw away, the stupid thing caught fire while no one was looking and now the holiday season is ruined. And by "holiday season," what I really mean is, "every stock market in the world."... We've got no money, we can't escape. It's all set to go horribly "Mad Max" at any moment. Pretty soon we'll start turning on each other like cable news hosts. I'm eyeing neighborhood cats as potential sources of food and furry winter socks.
wall st in worst loss since 9/11 from nytimes: In another unnerving day for Wall Street, investors suffered their worst losses since the terrorist attacks of 2001, and government officials raced to prevent the financial crisis from spreading. Trading opened sharply down Monday morning, and the mood later turned even gloomier, despite efforts by President Bush and Treasury Secretary Henry M. Paulson Jr., in separate appearances at the White House, to reassure markets that Wall Street’s deepening problems would not weaken an already anemic economy.
daily show: the notorious aig from truthdig: Whither Lehman Brothers? Et tu, Merrill Lynch? What’s going on on Wall Street? Jon Stewart breaks down the financial meltdown on Tuesday night’s edition of “The Daily Show”—complete with ’80s monster movie allusions.
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Welcome back to New World Next Week - the video series from Corbett Report and Media Monarchy that covers some of the most important developments in open source intelligence news. This week: 
Visit NewWorldNextWeek.com to get previous episodes in various formats to download, burn and share. And as always, stay up-to-date by subscribing to the feeds from Corbett Report here and Media Monarchy here. Thank you.
