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Posts Tagged ‘Bank for International Settlements’

Stan MonteithHere is a summary I prepared of my interview with Dr. Stan Monteith on Radio Liberty, December 3, 2013.

2m – Canada now more economically free than the United States
3m – most recent to free enterprise in U.S. was for nearly 30 years after the end of the privately owned Second (central) Bank of the United States
3m – no World War prior to privately owned Federal Reserve central bank
3m – James Madison was against the power of Congress to charter a central bank prior to being President, once President, he chartered the Second Bank of the United States
4m – 4 revolutionary changes in 1913 – bogus direct personal income tax, direct election of senators, Federal Reserve and
5m – Rise of Petrodollar since 1947
6m – Canada more economically free because of its relatively increasing adherence to U.S. founding constitutional principles, and a deviation away from Canadian founding principles
6m – government privilege of banks creating credit tied to national currency
7m – Dick Cheney against bailout of big car manufacturers, but no problem with bailing out the big bankers
8m – reform of decentralization, decoupling of bank-issued credit to U.S. dollar
8m – gold standard was setting U.S. dollar relative to an ounce of gold
16m – U.S. has second-worst representation in its House of Representatives relative to any country in the world
16m – I identify Canada as more economically free and decentralized than U.S. in past few years due to better national representation and influence of majority French-speaking province of Quebec pushing for more decentralization to protect its powers
18m – most money in Canada is debt, just like U.S.
18m – Canada’s central bank is publicly owned, but still tied into privately owned Bank for International Settlements
18m – BIS regulation that you can’t borrow directly from your own central bank
19m – interest income from Federal Reserve goes back to the Treasury — over $70 billion recently, but most interest stays with the privately owned member banks
20m – usury originally defined as any amount of interest
20m – not possible for everyone to exponentially increase their productivity relative to compounding debt
27m – Tom J. “UsuryFree” Kennedy calls in, asking about usury-free community currencies
28m – Ithaca Hours, Mountain Hours
28m – Wayne Walton founded usury-free Mountain Hours
29m – local businesses will accept a portion of payment in MHs, or 100%
29m – an associate of the founder, Joby Weeks, lost money with his involvement with Ron Paul Liberty Dollars, and found that paper-based MHs circulated better than the gold coins, because gold was more valuable to hold on to, as a store of wealth, rather than function as a medium of exchange, which is the primary function of money
31m – value of local currencies determined in the marketplace, and they function to promote monetary reform
33m – community currencies are backed by the honesty and integrity of each entrepreneur, and the quality of goods and services they offer
34m – U.S. Constitution does not allow the federal government to “back up” the money supply with precious metals, nor does it allow it to declare any currency legal tender for private debts or payment of goods and services
42m – agree with caller who said the primary reason for giving Congress the power to coin money was to facilitate commerce that was running into problems with states minting and printing their own coins and notes, respectively
42m – Gresham’s Law, whereby bad currencies drive out good currencies, in the presence of legal tender laws – e.g. of Federal Reserve Notes and credit driving out gold, because gold is more valuable to hold on to
43m – difficulty of determining value of precious metal coins, because of how they were stamped by different states
43m – Congress’ power to coin money isn’t restricted to only gold and silver — copper coins were also coined — but no power to make them legal tender for private debts
44m – if States decide to make legal tender laws, they are then required to make gold and silver coin a tender in payment of debts (and not goods and services)
44m – caller supported local currencies for sequestering value locally, but need for currencies to facilitate international trade
47m – biggest problem now with monetary system is usury
47m – can’t have gold backed currency with usury, or eventually the private bankers will own all the money supply, or assets secured by their debts
47m – agree with Milton Friedman who told Bill Still that if you don’t end fractional reserve banking, you’ve done nothing to reform the system
48m – fractional reserve banking a ticking time bomb, and agree with those who say it’s fraud, because it’s your deposit functioning as a lottery ticket
48m – Islamic Banking charges fees instead of usury

For my previous interviews on Radio Liberty, see here.

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Syrian GirlGeorge Whitehurst-Berry interviewed Syrian Girl about things other hosts dare not ask her, on the March 23, 2012 episode of Crash! Are You Ready?

Before you start getting any ideas, guys, they were:

1) About Libya, Syria and Iran having something in common besides being on the same hit-list, and that is their public central banks free from the Bank for International Settlements private banking cartel. That is, what Libya had before the “rebels” established a private central bank before even fending off an attempt to quell their Western banking establishment-funded opposition, as Lord James of Blackheath alluded to on November 1, 2010 when he told his shocked Members of British Parliament (from the official Hansard transcript):

My biggest terrorist client was the IRA and I am pleased to say that I managed to write off more than £1 billion of its money. I have also had extensive connections with north African terrorists, but that was of a far nastier nature, and I do not want to talk about that because it is still a security issue. I hasten to add that it is no good getting the police in, because I shall immediately call the Bank of England as my defence witness, given that it put me in to deal with these problems.”

2) The plan for Eretz Israel — that is, the plan for a Greater Israel from the Nile to the Euphrates, as called for in the Hebrew Bible. Leading neocon warmongers such as Irving Kristol, William Kristol, Charles Krauthammer, Mortimer Zuckerman, David Horowitz, Frank Gaffney, Paul Wolfowitz, Scooter Libby, Pamela Geller, Daniel Pipes, Richard Pearle, David Wurmser, Douglas Feith, Eliot Cohen and Robert Spencer aren’t Arab, Muslim, Russian or Chinese.

Former NATO Supreme Allied Commander, General Wesley Clark, revealed in 2007 how the Bush administration, under the influence of many of these neocon warmongers, were planning to use 9/11 and the U.S. military to take out seven countries in five years (Iraq, Syria, Lebanon, Libya, Somalia, Sudan and Iran).

Note that they are all Muslim-majority countries with public central banks that are not members of the privately-owned and inviolable Bank for International Settlements, unlike Saudi Arabia and the UAE, whose human rights abuses have been conveniently overlooked during this Arab Spring.

Iraq was taken out in 2003 under false pretences, with Rumsfeld saying they “knew” Saddam was hiding WMDs around Tikrit. Southern Sudan has been split up, Libya has been bombed and taken over by global private banking cartel interests, and they are currently talking about arming the opposition in Syria. Israel is talking about their so-called right to a pre-emptive strike on Iran, which, unlike Israel, is a signatory to the Nuclear Non-Proliferation Treaty, and there is no evidence of them even trying to acquire nuclear weapons, unlike Israel, which reportedly has several hundred nuclear warheads.

Tune in while George Whitehurst-Berry is still able to broadcast a true alternative perspective, such as his Truth in Money Series, where he has read from suppressed books from the 19th and early 20th centuries, which expose the fraudulent Rothschild gold standard, and how the same talking points about “sound money” and “honest money” are still being employed by gold standard proponents today to divert you away from true sound, honest, interest-free, sovereign money by the people and their true representative governments.

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Coast to Coast AM

Benjamin Fulford is scheduled to make his first appearance on Coast to Coast AM on January 30, 2012. From the show description:

Former Asia/Pacific Bureau Chief for Forbes Magazine, Benjamin Fulford, will address how most of the world’s money is now controlled by Asia, which will bring a fundamental change in the balance of power, and a restructuring of the international banking system.

That is a completely absurd statement, as by GDP, the non-Asian economies currently account for the majority of all wealth.

The IMF reports the GDP for all nations  was nearly $63 billion in 2010. The European Union, United States and Brazil account for over half of the world’s GDP alone.

To suggest that Asia controls most of the world’s money is to draw attention away from the privately owned Federal Reserve, which has been increasing the monetary base by trillions of dollars since 2008 through its “quantitive easing,” and away from the privately owned Bank for International Settlements in Basel, Switzerland, which is the central bank for central banks.

This from Joel Skousen’s September 23, 2011 World Affairs Brief:

BEWARE OF BENJAMIN FULFORD CLAIMS

Fulford claims that two recent US earthquakes were actually the result of counter government forces blowing up two of the elite’s deep underground bunkers with nuclear weapons. This is totally preposterous. All bunker systems have large ventilation systems and a nuclear blast would have sent huge visible plumes of debris into the air from those vents. The blast valves on them only prevent incoming blast and do not stop a blast from escaping. Nothing like that occurred.

Be careful of the temptation to believe in too-good-to-be true claims that can’t be proven or tracked. The worst offenders to avoid besides Fulford are Lee Emil Wanta, the EU Times, Sorcha Faal and Russia Today (RT television: a KGB connected outlet that puts out a lot of truth in order to sucker in conservatives with periodic disinformation–much like Lyndon LaRouche)

If that wasn’t enough to make you wonder, check out this January 23, 2009 article on Rense.com: Absolutely Bizarre ‘Creature’ In Benjamin Fulford’s Spine.

For more on some of the highly questionable guests on Coast to Coast AM, see my article, The questionable guests of Coast to Coast AM.

For what Coast to Coast AM is really all about, see Erskine of Erskine Overnight says he was offered fame and fortune by hosting a Clear Channel program that sounds a lot like Coast to Coast AM, so long as he didn’t talk about “conspiracy stuff” (like the Trilateral Commission).

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BIS Headquarters in Basel

The Bank for International Settlements, the central bank for the central bankers, was established in 1930, and its purpose was described by Georgetown professor Carroll Quigley in his 1966 book, Tragedy and Hope:

[T]he powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent private meetings and conferences. The apex of the system was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world’s central banks which were themselves private corporations.

BIS rules, according to Ellen Brown, prohibit governments from borrowing from their own central bank or issuing their own money.

Among its current 60 members there are five Muslim-majority countries: Algeria, Malaysia, Saudi Arabia, Turkey, and United Arab Emirates.

The most significant of the five, to me, are Saudi Arabia and the UAE. Despite pretenses of both being presented as challenges to the current world power structure, with Saudi Arabia controlling so much oil reserves and having a very different society than the liberal Western societies of today, and the UAE being a regional financial and business powerhouse, both are members of this private central banking cartel whose purpose, as mentioned earlier, is to “[dominate] the economy of the world as a whole.”

Note that among all the Muslim-majority countries that have had massive uprisings (Tunisia, Egypt, Yemen, Bahrain and Syria) or U.S. bombings (Afghanistan, Iraq, Pakistan and Libya), none of them were members of the BIS.

The U.S. and NATO turned a blind eye to BIS member Saudi Arabia suppressing an uprising in neighbouring Shiite-majority Bahrain.

Despite pretenses of Saudi Arabia and the UAE promoting Shariah-compliant banking as a strong challenge to the current world banking system, their membership in the BIS should indicate otherwise.

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