G-20...heads up! Please ASK for God's help!

"We want a new world to come out of this." -Nicolas Sarkozy

Today, November 14 and Saturday, November 15, a G-20 Leaders Summit on Financial Markets and the World Economy is convened in Washington D.C. The emergency summit was called two months ago by President George W. Bush to discuss the international financial crisis. Most of the discussions will take place behind closed doors, with much of the focus on reducing the economic influence of the United States and coerce the U.S. into new global financial alignments, similar to those of the "Bretton Woods System" established in 1944. (See below)

Leading up to the Summit, Britain's Prime Minister Gordon Brown said, "My message is that we must be: internationalist not protectionist; interventionist not neutral; progressive not reactive; and forward looking not frozen by events. We can seize the moment and in doing so build a truly global society." Brown wants to bring economic decisions into alignment with social needs around the world. French President Nicolas Sarkozy, after meeting with European leaders in Paris on October 4th, called for the global summit to implement "a real and complete reform of the international financial system." Sarkozy said, "We want a new world to come out of this." Oh my gosh.

In announcing the summit in early October, Bush said, "We live in a globalized world. We want to make sure that we're effective at what we do. Once we made the decision that there is a role for the federal government to move to stabilize the markets we want to make sure that all of us move in the best coordinated way as possible." The President of the European Union agreed with Bush during an October 18th meeting at Camp David. Jose Manuel Barroso said, The international financial system -- its basic principles and regulations and its institutions need reform. We need a new global financial order." We need to be in serious prayer this weekend.

The Bretton Woods system of monetary management established the rules for commercial and financial relations among the world's major industrial states. The Bretton Woods system was the first example of a fully negotiated monetary order intended to govern monetary relations among independent nation-states. Preparing to rebuild the international economic system as World War II was still raging, 730 delegates from all 44 Allied nations gathered at the Mount Washington Hotel in Bretton Woods, New Hampshire, for the United Nations Monetary and Financial Conference. The delegates deliberated upon and signed the Bretton Woods Agreements during the first three weeks of July 1944. Setting up a system of rules, institutions, and procedures to regulate the international monetary system, the planners at Bretton Woods established the International Bank for Reconstruction and Development (IBRD) (now one of five institutions in the World Bank Group) and the International Monetary Fund (IMF). These organizations became operational in 1945 after a sufficient number of countries had ratified the agreement.

It is important that we intercede about this meeting and ask the Holy Spirit to intervene on behalf of the sovereignty and Constitutional identity of the United States.

To intercede with understanding and pray into the aftermath of this G-20 Summit, you are encouraged to study about the Bretton Woods conference. This weekend's G-20 meeting is being referred to as "Bretton Woods II." Generals of Intercession has posted a historic study by Martha Lucia on the Bretton Woods System.

http://generals.org/home/individual-view/article/bretton-woods-system/?tx_ttnews[backPid]=1594&cHash=f8bfa15639