There is no doubt in my mind that this is what Obama is attempting. There is no other way to explain his irresponsible actions since becoming President. His Marxist buddies have been out in the open about what their end game is.
New Zeal is ringing alarm bells: The Globalists’ Takeover of America: Part 1 – Collapse the Economy:
Obama, George Soros, the United Nations (UN) and the global elites (Democrats, Union leaders and some Republicans) are accelerating their plan to bring America into their Global Governance scheme which will usher in the New World Order (their term, not mine).
Financially, they need to collapse America’s economy to establish a new global structure. Within that structure will be an independent funding source for the UN as well as a system to transfer America’s wealth into the hands of the elites and the governments of other countries.
Sending a massive amount of money overseas will increase America’s debt, further weaken the dollar, cause inflation and stifle any hope of a recovery; the perfect recipe to collapse our economy so that George Soros and the elites can usher in their new global structure, eliminate the dollar as the global currency and transition to a new global currency.
To those who say an American President would never do something like this to our country, read on… the process of taking America’s wealth and “spreading it around” globally is already well underway. Here are some financial facts relating to TARP and just a few of Obama’s 2011 overseas budget expenditures.