I have not been able to keep up with blogging with as busy as I have been, but I have been paying attention to the news as much as I can. I, at a minimum, check the Drudge Report for the latest headlines and the other day, there were a few that stopped me.
They were:
- DOW PLUNGED RECORD 800…
- Pope says world financial system is ‘built on sand’
- Germany considers national financial ’shield’
- London suffers sharpest fall since ‘87
- PAPER: ‘We risk a disintegration of global finance within days’
- Asian markets plunge on fears crisis is spreading
- Panic engulfs global stock markets
It seems the whole world is crashing hard. While those headlines are very troubling, this one really bothered me:
It was those two little words that made me stop scanning and click the link. From the story:
French President Nicolas Sarkozy, who convened the Oct. 4 meeting, called for a global summit “as soon as possible” to implement “a real and complete reform of the international financial system.” He said “all actors” must be supervised, including credit-rating firms and hedge funds. Executive-pay systems must also be reviewed, he said.
“We want a new world to come out of this,” Sarkozy said. “We want to set up the basis for a capitalism of entrepreneurs, not speculators.”
Ok, nothing to sinister there. Just more talk about creating government speedbumps in the free market, as if this crisis isn’t the creation of government meddling in the first place.
But then I check Drudge this evening. Here’s the headline above the picture:
Oh snap!
The headline from the link reads the same way. From the story:
IT WAS a day of desperate global action, unprecedented in both scale and cost, intended to stymie the international devastation being wrought by the financial crisis.
As the London stock market steeled itself to open again following days of vicious battering, Alistair Darling, the Chancellor, rose to stake the future of the country and the Cabinet on an audacious £500 billion banking bail-out.And barely had the City begun to digest the hugely complex and unorthodox scheme when it was sent reeling again by an unscheduled interest rate cut – mirrored across the world – by the Monetary Policy Committee. It was the first such co-ordinated approach since the 9/11 terror attacks in 2001 – yet another indicator, had one been needed, of the gravity of the situation.
I’ve read the article several times, but I’m not getting a vibe that this is about the Alex Jones style “New World Order” and I’m not getting my resume ready for Infowars.com. The article is about the actions taken in Europe to deal with the financial hullabaloo, not the restructuring of nations into a global government.
The headlines could lead a person to start thinking this is all orchestrated, a way to create that “New World Order” that keeps George Noorey thick with callers. If you don’t read the articles, I can see where you get that vibe. Personally, I’m not feeling it. Maybe if we were a little closer to the end of the Mayan Calendar.
What about you?
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