Saturday, December 13, 2014

The Global Bankers' Coup

Here is a must-read essay by Ellen Hodgson Brown which will give you an inkling of what is really going on with the world financial system:

On December 11, 2014, the US House passed a bill repealing the Dodd-Frank requirement that risky derivatives be pushed into big-bank subsidiaries, leaving our deposits and pensions exposed to massive derivatives losses. The bill was vigorously challenged by Senator Elizabeth Warren; but the tide turned when Jamie Dimon, CEO of JPMorganChase, stepped into the ring. Perhaps what prompted his intervention was the unanticipated $40 drop in the price of oil. As financial blogger Michael Snyder points out, that drop could trigger a derivatives payout that could bankrupt the biggest banks. And if the G20’s new “bail-in” rules are formalized, depositors and pensioners could be on the hook.


It seems the world’s bankers have executed a bloodless coup and now represent all of the people in the world ... President Obama agreed at the G20 meeting in London to create an international board with authority to intervene in U.S. corporations by dictating executive compensation and approving or disapproving business management decisions.  Under the new Financial Stability Board, the United States has only one vote. In other words, the group will be largely controlled by European central bankers. My guess is, they will represent themselves, not you and not me and certainly not America.


Are these commitments legally binding? Adoption of the FSB was never voted on by the public, either individually or through their legislators. The G20 Summit has been called “a New Bretton Woods,” referring to agreements entered into in 1944 establishing new rules for international trade. But Bretton Woods was put in place by Congressional Executive Agreement, requiring a majority vote of the legislature; and it more properly should have been done by treaty, requiring a two-thirds vote of the Senate, since it was an international agreement binding on the nation.


http://dissidentvoice.org/2014/12/bail-in-and-the-financial-stability-board/


I suggest you read and study her entire essay, including the linked materials. We are being screwed in ways almost too numerous to count, and someday soon we will reap what the bankers have been sowing. The continually dropping price of oil has the potential to blow up the whole system.


And note well that both Obama ad-Dajjal and "our" Congress (with a few notable exceptions) are fully behind this global bankers' coup.

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