Creature From Jekyll Island by G. Edward

areas once considered fully within the domestic purview. Some of these areas involve government regulatory policy, such as environmental standards, the fair treatment of workers, and taxation.'

In 1992, the Trilateral Commission released a report co-

authored by Toyoo Gyohten, Chairman of the Board of the Bank of Tokyo and formerly Japan's Minister of Finance for International Affairs. Gyohten had been a Fulbright Scholar who was trained at Princeton and taught at Harvard Business School. He also had been in charge of the Japan Desk of the International Monetary Fund. In short, he represents the Japanese monetary interests within The 1. Michael Crozier, Samuel P. Huntington, and Joji Watanuki, The Crisis of Democracy (New York: New York University Press, 1975), pp. 183-84.

2. 'Volcker Asserts U.S. Must Trim Living Standard,' New York Times, October 18, 1979, p. 1.

3. Washington 1993: The Annual Meeting of the Trilateral Commission, Trialogue 46

(New York: Trilateral Commission, 1993), p. 77.

BUILDING THE NEW WORLD ORDER 113

jsjevv World Order. In this report, Gyohten explains that the real importance of 'trade' agreements is not trade but the building of global government:

Regional trade arrangements should not be regarded as ends in themselves, but as supplements to global liberalization.... Regional arrangements provide models or building blocks for increased or strengthened globalism.... Western Europe [the EU] represents regionalism in its truest form.... The steps toward deepening

[increasing the number of agreements] are dramatic and designed to be irreversible.... A common currency.... central bank.... court and parliament—will have expanded powers.... After the Maastricht summit [the Dutch town where the meeting was held], an Economist editorial pronounced the verdict: 'Call it what you will: by any other name it is federal government.'... In sum, the regional integration process in Europe can be seen as akin to an exercise in nation-building.

Applying this same perspective to the NAFTA treaty, former Secretary-of-State, Henry Kissinger (CFR), said it 'is not a conventional trade agreement but the architecture of a new international system.... the vital first step for a new kind of community of nations.' The newspaper article that contained this statement was appropriately entitled: 'With NAFTA, U.S. Finally Creates a New World Order.' David Rockefeller (CFR) was even more emphatic.

He said that it would be 'criminal' not to pass the treaty because:

'Everything is in place—after 500 years—to build a true 'new world' in the Western Hemisphere.'3

By early 1994, the drift toward the New World Order had

become a rush. On April 15, the government of Morocco placed a full-page ad in the New York Times celebrating the creation of the World Trade Organization which was formed by the signing of the General Agreement on Tariffs and Trade (GATT) which took place in the Moroccan city of Marrakech. While Americans were still being told that GATT was merely a 'trade' agreement, the internationalists were celebrating a much larger concept. The ad spelled it out in unmistakable terms:

• Toyoo Gyohten and Charles E. Morrison, Regionalism in A Converging World UMevv York: Trilateral Commission, 1992), pp. 4, 7-9,11.

, ' W i t h N A F T A , U.S. Finally Creates a New World Order,' by Henry Kissinger, Angeles Times, July 18,1993, pp. M-2, 6.

• A Hemisphere in the Balance,' by David Rockefeller, Wall Street Journal, October 1,1993, p. A-10.

114 THE CREATURE FROM JEKYLL ISLAND

1944, Bretton Woods: The IMF and the World Bank

1945, San Francisco: The United Nations

1994, Marrakech: The World Trade Organization

History knows where it is going.... The World Trade Organization, the third pillar of the New World Order, along with the United Nations and the International Monetary Fund.

A RARE GLIMPSE INTO THE INNER WORKINGS

So much for the final play. Let us return, now, to the game called bailout as it is actually played today on the international scene. Let us begin with a glimpse into the inner workings of the Presidential Cabinet. James Watt was the Secretary of the Interior in the Reagan Administration. In his memoirs, he described an incident at a Cabinet meeting in the spring of 1982. The first items on the agenda were reports by Treasury Secretary Donald Regan and Budget Director David Stockman concerning problems the less-developed countries were having with their bank loans. Watt said:

Secretary Regan was explaining the inability of those destitute countries to pay even the interest on the loans that individual banks such as Bank of America, Chase Manhattan and Citibank had made.

The President was being told what actions the United States 'must'

take to salvage the situation.

After the Regan and Stockman briefings, there were several minutes of discussion before I asked, 'Does anyone believe that these