New international board to intervene in decisions about U.S. companies

Northstar's picture

This just really sucks.

At the G20 meeting in London, President Obama agreed to create of an international board with authority to intervene in U.S. corporations by dictating executive compensation and approving or disapproving business management decisions, Jerome Corsi's Red Alert reports.

Political consultant Dick Morris said that by agreeing to create the Financial Stability Board, Obama is a "willing accomplice" to a decision that effectively repealed the U.S. Declaration of Independence and abrogated the sovereignty of the United States.

The final communiqués coming out of the G20 meeting in London April 2 included a document entitled "Declaration on Strengthening the Financial System."

"By agreeing to the stipulations in this document, President Obama gave the blessing of the United States to the G20 decision to elevate the Financial Stability Forum into the Financial Stability Board," Corsi wrote. "The United States has only one vote in the newly constituted Financial Stability Board, a group that will be largely controlled by European central bankers."

The rest of the story at: http://www.worldnetdaily.com/index.php?fa=PAGE.view&pageId=94331

Khomar's picture

This is the very essence of fascism -- complete government control over all businesses within a country. It is bad enough to give this power to the United States Government -- far worse to give this kind of control to another nation.

But Obama simply cannot do this -- or should not be able to do this. Congress and the Supreme Court need to step up and shut this entire concept down as unconstitutional and against the entire spirit of our nation and its freedom. If this is allowed to happen, we might as well burn all of our flags and shred the Constitution -- the United States would then be relegated to a historical footnote.

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