Home > Uncategorized > Obama signs new Executive Order for U.S. to follow global economic regulations

Obama signs new Executive Order for U.S. to follow global economic regulations

On May 1st, President Barack Obama signed a new Executive Order which opens the door for the United States to give up economic and environmental sovereignty through the promotion of a single international regulatory system.

This regulatory system would seek to gobally streamline cooperation between nations for trade, environmental, and legislative processes on the international stage.

Section 1. Policy. Executive Order 13563 of January 18, 2011 (Improving Regulation and Regulatory Review), states that our regulatory system must protect public health, welfare, safety, and our environment while promoting economic growth, innovation, competitiveness, and job creation. In an increasingly global economy, international regulatory cooperation, consistent with domestic law and prerogatives and U.S. trade policy, can be an important means of promoting the goals of Executive Order 13563.

The regulatory approaches taken by foreign governments may differ from those taken by U.S. regulatory agencies to address similar issues. In some cases, the differences between the regulatory approaches of U.S. agencies and those of their foreign counterparts might not be necessary and might impair the ability of American businesses to export and compete internationally. In meeting shared challenges involving health, safety, labor, security, environmental, and other issues, international regulatory cooperation can identify approaches that are at least as protective as those that are or would be adopted in the absence of such cooperation. International regulatory cooperation can also reduce, eliminate, or prevent unnecessary differences in regulatory requirements. – Whitehouse.gov

While the need for economic coorperation between nations and trading partners is crucial, these agreements are normally facilitated between governments through individual trade agreements, and not by a globally designated regulatory body.  Already countries are giving up their sovereignty through such agreements like Agenda 21, which places draconian impacts on US land owners to use their property as they see fit.

The goal of many global leaders and central banks is the facilitation of a singular economic system, where financial and economic decisions are made from a single body.  The formation of the G-20, as well as annual meetings by economic leaders in Davos, Switzerland, promote and create policies that bind nations to trade and regulatory processes without acceptance by legislative representatives.

President Obama has been actively signing several Executive Orders over the past two months, many of which imply or allow the Federal government to take control over private property, and the lawful use of that property, with little recourse of due process for businesses and land owners.  In March, Obama signed an unnumbered Executive Order which provides the Federal government the power to confiscate land, infrastructure, and human resources in both peacetime, and during a declared crisis.  One month later, the President issued an additional Executive Order which allows the government to nationalize, and take control of all natural gas resources.

Every day, more and more economic sovereignty is being signed away by the Obama Administration, with the intention of facilitating a new global economic system whereby the American people and American businesses no longer have the right of due process in the US legal system, but instead are bound under international law and regulation.  This new Executive Order signed by President Obama on May 1st is another move towards global governance, and the loss of economic sovereignty for the citizens of the United States.

Kenneth Schortgen Jr

May 04, 2012

Related link – http://tinyurl.com/ca2c9qv

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