Dick Morris's email today detailed the activities of the G20 summit meeting:
"While all eyes were on the rantings of Ahmadinejad at the United Nations, the United States -- under President Barack Obama -- was surrendering its economic sovereignty at the G-20 summit. The result of this conclave, which France's President Nicolas Sarkozy hailed as "revolutionary," was that all the nations agreed to coordinate their economic policies and programs and to submit them to the International Monetary Fund (IMF) for comment and approval. While the G-20 nations and the IMF are, for now, only going to use "moral suasion" on those nations found not to be in compliance, talk of sanctions looms on the horizon."
"While the specific policies to which the U.S. committed itself (reducing the deficit and strengthening regulatory oversight of financial institutions) are laudable in themselves, the process and the precedent are frightening. We are to subject our most basic national economic policies to the review of a group of nations that includes autocratic Russia, China and Saudi Arabia. Even though our GDP is three times bigger than the second largest economy (Japan) and equal to that of 13 of the G-20 nations combined, we are to sit politely by with our one vote and submit to the global consensus. Europe has five votes (U.K., France, Germany, Italy and the EU) while we have but one."
National sovereignty seems to be going down the drain. We already can't do anything in the world to keep the peace without a UN resolution, and now we have the IMF overseeing our economic policies?
I know Obama isn't the first one to chip away at our national sovereignty, but it has to stop. That's why we elect a President and a Congress -- to handle our domestic AND foreign policies.
It's time to break free of these global enterprises and be our own country again!
If we had no winter, the spring would not be so pleasant; if we did not sometimes taste of adversity, prosperity would not be so welcome. Anne Bradstreet
And if men come unto me I will show unto them their weakness. I give unto men weakness that they may be humble; and my grace is sufficient for all men that humble themselves before me; for if they humble themselves before me, and have faith in me, then will I make weak things become strong unto them. Ether 12:27
Yea, all things which come of the earth, in the season therof, are made for the benefit and the use of man, both to please the eye and to gladden the heart; Yea, for food and for raiment, for taste and for smell, to strengthen the body and to enliven the soul. And it pleaseth God that he hath given all these things unto man; for unto this end were they made to be used, with judgment, not to excess, neither by extortion. D&C 59:18-20