Fee Fie Foe Fum, I smell, well … Marxism. British Prime Minister Gordon Brown is throwing his “full weight” behind a revamped Bretton Woods style agreement. Okay, so what’s so horrible about that? It is a bit outdated, being that it was generated in 1944. That doesn’t bother me. What does bother me was some of the words and phrases he all to happily tossed out in making this call.

For those who don’t know, Bretton Woods was an agreement generated in 1944 by the 44 allied nations in regards to an International Monetary Fund and a General Agreement on Tariffs and Trade. What it basically did, was obligate each country to back it’s own currency, within a 1-2% margin, with Gold. What we think of as the “gold standard.” Plus a few other factors, such as the “Keynesian economics” that we’re “supposed to be” running on, but aren’t.

Read More HERE!

http://hoopyfrooddude.blogspot.com/2008/10/european-union-calls-for-new-bretton.html

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