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Lovely Ann Coulter e-mailed me with a linky to Human Events (a Conservative weekly that's unfortunately not getting my subscription monies, but I appreciate the offer) where I found this essay by Thomas P. Kilgannon..

Will Obama (Inter)Nationalize the Banks?

With the mortgage and credit markets at the root of the economic crisis, Obama’s next move may be to nationalize U.S. banks. So, if you are enjoying the President’s massive expansion of the federal government; his staggering accumulation of red ink; and the fed’s interference in private industry --just wait -- Obamanomics is about to go global. His path to nationalizing banks is only a step toward the ultimate goal of internationalizing U.S. banks.

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G-20 leaders are also expected to adopt a single “global standard” for accounting rules. Multinational banks and Fortune 500 companies will be required to follow international standards, and family-owned businesses in the United States may soon have to hire Brussels-based bookkeepers. This week G-20 finance ministers agreed to “take whatever action is necessary” to boost the economy -- the same words Mr. Obama used to justify his multi-trillion dollar spending spree. In that spirit, the finance ministers pledged a massive funding increase for the International Monetary Fund -- up to $500 billion -- a ten-fold increase.

I've read that Russia wants a new global currency. China (who now practically has U.S. by the throat; at a word from them, our economy might completely collapse) has made noises to that effect as well. We know that the dollar's been the World Standard currency for decades but that's not going to last. We've created so much new money that the dollar is practically worthless. The euro, that upstart on the Continent, made rapid advances to eclipse the dollar; now, it too is soft. The next logical (to One Worlder sorts, of course) step is to a worldwide currency.

More..

Bernanke said the U.S. must create a national institution which “regulates the financial system as a whole, in a holistic way, not just its individual components.” This will come in one of two forms -- a new federal bureaucracy, or a Federal Reserve with vastly expanded powers. Either way, it means the Obama administration is complying with the G-20’s mandate to create a “regulatory system [that] is compatible with a modern and increasingly globalized financial system.” It’s time to say good-bye to your friendly neighborhood banker.

Is there anything that any of us, as Citizens of this rapidly devolving Republic, can do to reverse the trend to socialism and worldwide integration that is unmistakeably evident to any who care to look?

I dunno, folks. We've come to a point in our history where there's so little a good man or woman can do to stop what's coming..we need Thomas Paine, we need Common Sense.

We need plenty of rope.

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