If my thread on global warming didn't get your attention, perhaps this will. This is what it's all about: 2% transaction tax as well as 700+ bureaucracies... Lord Christopher Monckton warns that the secretive draft version of the Copenhagen climate change treaty represents a global government power grab on an âunimaginable scale,â and mandates the creation of 700 new bureaucracies as well as a colossal raft of new taxes including 2 percent levies on both GDP and every international financial transaction. Speaking with The Alex Jones Show, Monckton, who is in Copenhagen attending the UN climate summit, said that when he attempted to obtain a copy of the current draft of the negotiating text agreement, he was initially rebuffed before he threatened an international diplomatic incident unless the document was forthcoming. âI insisted and it took about 10 minutes and they consulted each other with three or four of them arguing over it â none of them would produce the documentâ¦.I said I know this treaty exists because this is what the conference is all about,â said Monckton. Only after Monckton threatened repercussions was he handed the the current draft of the treaty, and the details it contained are perhaps a clue as to why the UN officials were so keen to keep it under wraps. âOnce again they are desperately trying to conceal from everybody here the magnitude of what theyâre attempting to do â they really are attempting to set up a world government,â said Monckton, adding that the word âgovernmentâ was no longer used but the process of further centralization of power into global hands was clearly spelled out in the treaty. Monckton said that the new world government outlined in the treaty would be handed powers to, âTax the American economy to the extent of 2 percent GDP, to impose a further tax of 2 percent on every financial transactionâ¦.and to close down effectively the economies of the west, transfer your jobs to third world countries â all of that is still in the treaty draft.â As the leaked document out of Copenhagen reported on by the London Guardian revealed yesterday, this massive new system of global taxation will be paid not to the UN, but directly into the coffers of the World Bank. âThe draft hands effective control of climate change finance to the World Bank; would abandon the Kyoto protocol â the only legally binding treaty that the world has on emissions reductions; and would make any money to help poor countries adapt to climate change dependent on them taking a range of actions,â reported the Guardian... There would also be a âglobal levy on international monetary transactions â that means every transfer of money across borders will be taxed,â said Monckton, adding that this would be on top of the GDP tax. The treaty outlines, âPenalties or fines for non-compliance,â in developed countries and the creation of an international police force to âenforce its will by imposing unlimited financial penalties on any countries whose performance under this treaty they donât like,â added Monckton, saying that it amounted to a total global government takeover on an âunimaginable scaleâ. âWeâre looking at a grab for absolute power and absolute financial control worldwide by the UN and its associated bureaucracies and 700 new bureaucratic bodies,â said Monckton.... Monckton said that the Copenhagen treaty meant America was in âimmediate perilâ of losing its freedom to a âsinister dictatorshipâ being formed under the contrived pretext of global warming. Monckton said that the Copenhagen treaty meant America was in âimmediate perilâ of losing its freedom to a âsinister dictatorshipâ being formed under the contrived pretext of global warming.