The final Copenhagen draft agreement which was hammered out in the early hours of Friday morning includes provisions for a global tax on financial transactions that will be paid directly to the World Bank, as President Obama prepares to bypass Congress by approving a massive transfer of wealth from America into globalist hands.

As Lord Monckton, Alex Jones and others warned, the notion that the globalists would achieve nothing at Copenhagen has likely been a ruse all along. The elite look set to ram through the lion’s share of their agenda, which would include a massive global government tax at a cost of at least $3,000 a year for American families already laboring under a devastating recession, double digit unemployment and a reduction in living standards.

Hillary Clinton arrived yesterday to rally global leaders around a resolution and Barack Obama is set to be portrayed as the savior of the world by rescuing what was pitched all along as a conference doomed to fail.

“The summit “hangs in the balance,” said Obama this morning. “We are running out of time. The time for talk is over. It is better for us to act than to talk. The question is whether we move forward together or split apart.”

The final agreement may not force countries to meet CO2 emission targets, but it will grease the skids for the biggest tax hike in human history, a fact that establishment media outlets have completely failed to emphasize.

Monckton told the Alex Jones Show last week that the initial secretive draft version of the Copenhagen agreement represented a global government power grab on an “unimaginable scale,” and mandated 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.

Monckton said that the new world government outlined in the treaty would be handed powers to, “Tax the American economy to the extent of 2 percent GDP, to impose a further tax of 2 percent on every financial transaction….and to close down effectively the economies of the west, transfer your jobs to third world countries.”

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