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http://canadafreepress.com/index.php/article/41571 ****
Changing the world in private:**** Bilderberg Group in Bucharest and the EU*
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[image: Description: Author]****

*Dr. Ileana Johnson Paugh*  Saturday, October 22, 2011
On October 14, Viscount Etienne Davignon, the president of the Bilderberg
group gave a speech in Bucharest at the conference entitled, “European Union
after the Sovereign Debt Crisis.” A Belgian businessperson, Davignon was
born in Budapest in 1934. ****

 ****

Former vice president of the European Commission and president of
International Agency for Energy, Davignon seldom gives interviews,
particularly since he became president of the Bilderbergs in 2000. ****

Founded officially in 1954, the secretive group met for the first time at
the Bilderberg Hotel in Oosterbeek. The owner of the hotel was Price
Bernhard of Holland[image: Description:
cid:[email protected]]<http://canadafreepress.com/index.php/article/41571>,
the father of Queen Beatrix. According to Cristina Martin Jimenez, who
studied the group, Joseph H. Retinger, a Jewish businessperson born in
Poland, asked Prince Bernhard to invite NATO leaders to an open debate on
international issues. All NATO member states sent representatives. In
addition, John D. Rockefeller, CIA director Walter Bedell Smith, and Paul
Rijkens, president of the multinational corporation Unilever, completed the
66 participants. The first president of the Bilderberg group was Prince
Bernhard who kept the post until 1976. He was forced to resign that year
because of a personal financial scandal. ****

Joseph H. Retinger was instrumental in founding the European Coal and Steel
Community as a first step towards European unification. The Marshall Plan
helped strengthen the economic and political role of the Bilderbergs. In
2009, Etienne Davignon declared that the Bilderbergs had an important role
in the European reconstruction and the creation of the European currency.***
*

In an interview given to BBC six years ago, the Viscount emphasized the fact
that they were not a global ruling class, but an influential group of people
interested in speaking to other influential individuals. He was referring to
the annual meeting of the group. He does not consider the Bilderbergs a
secret group but a “private” one.****

According to Spanish writer Cristina Martin Jimenez, three concentric
circles help explain the power structure in the group. She studied the
Bilderbergs and presented her findings in the book, “The Bilderbergs,
Masters of the World.”****

The first circle, the Committee of the Wise is composed of four members.
John D. Rockefeller is the only one known publicly; he is 96 years old. ****

As President, Etienne Davignon is part of the Director Committee, the
intermediate circle composed of secretaries and treasuries of members from
both sides of the Atlantic, 15 permanent American members and 24 European
members. They assemble the list of guests to the annual meetings. Each
member invites two guests of international reputation: a politician and a
businessman/professor/journalist. The final list has over 100 names each
year. ****

Henry Kissinger, Etienne Davignon, Zbigniew Brzezinsky, George Soros, Bill
Gates, and Alan Greenspan are often present at annual meetings. The June
2011 meeting in Switzerland opened without Dominique Strauss-Kahn, the
embattled IMF chief. Christine Lagarde, the former French Finance Minister
with alleged ties to a Chicago law firm, immediately replaced him at the
helm of the IMF and at the meeting.****

The last circle is composed of permanent guests and occasional ones. The
occasional guests are called “innocents” because, according to Cristina,
they are used by “initiates” to reach goals set by the permanent members.***
*

The Bucharest Conference, organized by the National Bank of Romania and
Governor Mugur Isarescu, numbered approximately 100 attendees, members of
the diplomatic core, businesspersons, specialists in global financial
strategy, and Richard Haas, president of the U.S. Council on Foreign
Relations.****

Davignon did not attend the conference to calm the nervous officials and
investors. He advised them to get used to the new reality as a new norm of
the status quo. He urged Europeans to avoid the mistakes of the past born by
faulty fiscal policies that were not sanctioned and penalized by European
forums. Davignon suggested that Europe should apply penalties to those
countries that have a hazardous fiscal policy, echoing Germany’s recent
request.****

Richard Haas, the president of the Council on Foreign Relations, declared
that states must get used to the “new normal,” referring to a very low and
slow economic growth[image: Description:
cid:[email protected]]<http://canadafreepress.com/index.php/article/41571>.
He suggested that fiscal policies must be redefined and retirement and
educational systems must be revised.  ****

Richard Haas was of the opinion that politics reacted slower to various
economies and markets. This should come as no surprise, he said, considering
the global economic crisis, the social inequities plaguing countries to the
point of crisis, and the persistently high unemployment rates.****

The European Union crisis seemed to deepen as the fiscal interdependence
threatened the solvency of countries that ran more conservative fiscal
policies and social programs when compared to countries like Greece which
had adopted very lavish social programs and unwise fiscal policies.****

Jean-Claude Trichet, the president of the European Committee for Systemic
Risk, warned that it was necessary and urgent to stabilize the EU financial
crisis. He added that a fund for a flexible European bailout without the
involvement of the European Central Bank would be helpful. ****

The capacity to loan money to European governments for the financial
stability of their banks should include countries that are not members of
the program called the European Facility Capacity for Financial Stability,
said Trichet. ****

EU countries have agreed to 100 billion Euros in bailout, only half of what
was requested for solvency. According to experts, private creditors of
Greece alone would suffer losses of over 60 percent. Angela Merkel warned
that, if the EU disintegrates, dark times would follow. ****

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