What does the Declaration of Independence mean to you?

Question

Do you enjoy your freedom and liberty? This was just Emailed to me.

We have to get to work and get him stopped......
THE DECLARATION OF INDEPENDENCE HAS BEEN REPEALED

By DICK MORRIS

Published on DickMorris.com on April 6, 2009
Printer-Friendly Version


On April 2, 2009, the work of July 4, 1776 was nullified at the meeting of the G-20 in London. The joint communiqué essentially announces a global economic union with uniform regulations and bylaws for all nations, including the United States. Henceforth, our SEC, Commodities Trading Commission, Federal Reserve Board and other regulators will have to march to the beat of drums pounded by the Financial Stability Board (FSB), a body of central bankers from each of the G-20 states and the European Union.

The mandate conferred on the FSB is remarkable for its scope and open-endedness. It is to set a "framework of internationally agreed high standards that a global financial system requires." These standards are to include the extension of "regulation and oversight to all systemically important financial institutions, instruments, and markets...[including] systemically important hedge funds."

Note the key word: "all." If the FSB, in its international wisdom, considers an institution or company "systemically important", it may regulate and over see it. This provision extends and internationalizes the proposals of the Obama Administration to regulate all firms, in whatever sector of the economy that it deems to be "too big to fail."

The FSB is also charged with "implementing...tough new principles on pay and compensation and to support sustainable compensation schemes and the corporate social responsibility of all firms."

That means that the FSB will regulate how much executives are to be paid and will enforce its idea of corporate social responsibility at "all firms."

The head of the Financial Stability Forum, the precursor to the new FSB, is Mario Draghi, Italy's central bank president. In a speech on February 21, 2009, he gave us clues to his thinking. He noted that "the progress we have made in revising the global regulatory framework...would have been unthinkable just months ago."

He said that "every financial institution capable of creating systemic risk will be subject to supervision." He adds that "it is envisaged that, at international level, the governance of financial institutions, executive compensation, and the special duties of intermediaries to protect retail investors will be subject to explicit supervision."

In remarks right before the London conference, Draghi said that while "I don't see the FSF [now the FSB] as a global regulator at the present time...it should be a standard setter that coordinates national agencies."

This "coordination of national agencies" and the "setting" of "standards" is an explicit statement of the mandate the FSB will have over our national regulatory agencies.

Obama, perhaps feeling guilty for the US role in triggering the international crisis, has, indeed, given away the store. Now we may no longer look to presidential appointees, confirmed by the Senate, to make policy for our economy. These decisions will be made internationally.

And Europe will dominate them. The FSF and, presumably, the FSB, is now composed of the central bankers of Australia, Canada, France, Germany, Hong Kong, Italy, Japan, Netherlands, Singapore, Switzerland, the United Kingdom, and the United States plus representatives of the World Bank, the European Union, the IMF, and the Organization for Economic Co-operation and Development (OECD).

Europe, in other words, has six of the twelve national members. The G-20 will enlarge the FSB to include all its member nations, but the pro-European bias will be clear. The United States, with a GDP three times that of the next largest G-20 member (Japan), will have one vote. So will Italy.

The Europeans have been trying to get their hands on our financial system for decades. It is essential to them that they rein in American free enterprise so that their socialist heaven will not be polluted by vices such as the profit motive. Now, with President Obama's approval, they have done it.

What can we do now but fight for survival!

DAR · Accepted Answer

THANK YOU!!

I have been trying to post the youtube but it won't go through.

The Declaration of Independence and the Constitution Obama and Congress are sworn to uphold mean to me that the G20 resolutions are UNACCEPTABLE.

There is a House Financial Services Hearing coming up and our reps - PARTICULARLY those on that committee need to hear from us how unacceptable it is.  Ron Paul only gets 5 minutes and we need universal outcry, not just one Congressman who even knows what is happening.  Note it is virtually NOT in the news here?

It is all over in Europe.

http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/5096524/The-G20-moves-the-world-a-step-closer-to-a-global-currency.html

I'm going to try to post this a bit differently.  Let's see if it posts.  Would you look for it and star it, please?

john w · Answer

The Declaration of Independence means just what it says. It declares American independence from ALL foreign control and influence. This government and its representatives have abdicated our freedom and rights to foreign governments for their own personal gain and therefore it is the duty of the American people to throw off this corrupt government and to form a more perfect union! This must be stated and begun at the tea-parties that are to take place on April 15,2009. Just as the day at Lexington was known as the shot heard round the world it MUST take place anew if freedom is to survive. Let the second American Revolution begin by calling all minutemen to arms!!!!!!

L.T.M. · Answer

I'm not a big Morris fan but he nailed this one! If this shot across the bow doesn't wake people up in this country then it's time for 'negotiations' to end and for the Patriots to step up!

"It is in vain, sir, to extenuate the matter. Gentlemen may cry, Peace, Peace -- but there is no peace. The war is actually begun! The next gale that sweeps from the north will bring to our ears the clash of resounding arms! Our brethren are already in the field! Why stand we here idle? What is it that gentlemen wish? What would they have? Is life so dear, or peace so sweet, as to be purchased at the price of chains and slavery? Forbid it, Almighty God! I know not what course others may take; but as for me, give me liberty or give me death!"  *Patrick Henry*

canam · Answer

Obama and the dems in congress seem to be chipping away at the constitution. Soon it will be lost forever if they are not stopped.  I do not believe patriotic americans will stand for what is being done by this administration. The problem is many people pay no attention to politics until they start losing money.

sweetguy452003 · Answer

I don't know if anybody realizes it or not, but there is a Congresswoman from Minnesota that has introduced a bill and has many co-sponsers that if I understand it correctly (and please correct me if I am wrong) but the bill is going to be a Constitutional Amendment that if passed will make the dollar immune from international influience. The president will not be allowed to sign any documents that will influience, undermine, or alter  the dollar, and this will keep the dollar as our currency. Look it up, and like I said please correct me if I am wrong.

Anonymous · Answer

The @%**#$ sold us out. This can be construed as a high crime. and 
should be.



edit: Just contacted My Congressional member, Her office
staff is looking into this situation. They will contact me later
today with updates, and what exactly Obama has obligated
us to. My Senatorial member is also doing the very same
thing. And what remedies can be followed to stop our 
involvement in this process.

Anonymous · Answer

^^ What America have you be living in where deregulation has occurred?  Businesses are burdened and pushed around as much recently as they have ever been.

As for the question, I do believe that the inalienable rights that the Declaration refers to do, in part, refer to economic rights.  In fact, I agree with the late Milton Freedman who argued that economic and political freedom are the same thing.

satcomgrunt · Answer

To the poster above me who said deregulation did not work you are correct but it should be our Government providing as little regulation as needed to make it our economy work not some foreign banking system.

The Seperation of Power · Answer

I just hope that when we get him out we will get someone who has the ba11s to stand up to all of this and clean house.  Oh and the Declaration of Independence means to me that the government doesn't grant rights, it can only take them away.

Anonymous · Answer

Obviously different than the way the Obombus interprets it!

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What does the Declaration of Independence mean to you?

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