Confirmed: International Monetary Fund (IMF) set to be the World's Federal Reserve!
- Thread starter FrankRep
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ihsv
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They've got to. There's no other way to do it.
Original_Intent
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The globo?
This just makes me sick, this is scary stuff and I don't see how we fight it.
This just makes me sick, this is scary stuff and I don't see how we fight it.
I didn't even pick up on that. Wow.
ihsv
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This is a Must-Read book.
The Shadows of Power: The Council on Foreign Relations and the American Decline
http://www.shopjbs.org/index.php/shadows-of-power.html
Does America have a hidden oligarchy? Is U.S. foreign policy run by a closed shop? What is the CFR (Council on Foreign Relations)? It began in 1921 as a front organization for J.P. Morgan and Company. By World War II it had acquired unrivaled influence on American foreign policy. Hundreds of U.S. government administrators and diplomats have been drawn from its ranks - regardless of which party has occupied the White House. But what does the Council on Foreign Relations stand for? Why do the major media avoid discussing it? What has been its impact on America's past - and what is it planning for the future?
The Shadows of Power: The Council on Foreign Relations and the American Decline
http://www.shopjbs.org/index.php/shadows-of-power.html
Does America have a hidden oligarchy? Is U.S. foreign policy run by a closed shop? What is the CFR (Council on Foreign Relations)? It began in 1921 as a front organization for J.P. Morgan and Company. By World War II it had acquired unrivaled influence on American foreign policy. Hundreds of U.S. government administrators and diplomats have been drawn from its ranks - regardless of which party has occupied the White House. But what does the Council on Foreign Relations stand for? Why do the major media avoid discussing it? What has been its impact on America's past - and what is it planning for the future?
Last edited:
raiha
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I can't afford that book FrankRep. You should see what our dollar is doing against your dollar right now. I guess i could buy it when your dollar collapses at the dawn of a New @#$%*!!World!@#&% Currency.
P.S. Thanks for ruining my Saturday Night!!
I just read up on the bancor ihsv. Great just great. I saw a picture of john Keynes on wiki as well and he looks like a slimy, slippery sycophant.
So how many dollars will there be to one bancor???
P.S. Thanks for ruining my Saturday Night!!
I just read up on the bancor ihsv. Great just great. I saw a picture of john Keynes on wiki as well and he looks like a slimy, slippery sycophant.
So how many dollars will there be to one bancor???
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Bradley in DC
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The article speculates baselessly and misses real, planned, announced problems: sales of gold reserves (undermining market display of lack of confidence in fiat currencies) and thereby increasing lending capacity, etc.
Ted Truman is bad news and a name to watch, he got that right certainly.
Besides, the BIS wouldn't stand for what the author claims!
Ted Truman is bad news and a name to watch, he got that right certainly.
Besides, the BIS wouldn't stand for what the author claims!
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LibertyEagle
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The article speculates baselessly and misses real, planned, announced problems: sales of gold reserves (undermining market display of lack of confidence in fiat currencies) and thereby increasing lending capacity, etc.
Ted Truman is bad news and a name to watch, he got that right certainly.
Besides, the BIS wouldn't stand for what the author claims!
You only listed one. And that "problem" isn't going to last forever. As things get worse, even they won't be able to contain it unless they do something like "fix" the price of gold as they move to a new currency.
I'm also not getting why you think it is baseless. Care to explain?
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Ron Paul is on top of this issue. He asked Bernanke about any plans for a new global currency last week. Bernanke denied any knowledge of "plans" for one...
emazur
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We've got to put the kibosh on the IMF and World Bank. I first learned about them from The Creature from Jekyll Island, but to my surprise, left leaning people also seem to support abolishing these banks. Joseph Stiglitz used to work for the World Bank and says it is driving countries into poverty:
http://www.youtube.com/watch?gl=GB&v=DrynBzUpyag
Two days ago I watched the video "The Debt of Dictators" and it stakes a stand against international financiers in general that load countries into perpetual debt, but it also takes a jab at the IMF and World Bank - I just now uploaded a clip to youtube:
http://www.youtube.com/watch?v=mSAkoUAFvrE&feature=channel_page
that same documentary also blames the Import Export Bank of the United States:
http://www.exim.gov/
for contributing to the Philippines debt by providing dictator Ferdinand Marcos with funds for a nuclear plant built in an earthquake zone near a volcano, which was never completed. I wonder if Ron Paul has ever spoken out against this bank.
There is another video I'm interested in called "The Money Lenders" that exposes the IMF and World Bank, you can watch a clip here:
http://www.amazon.com/The-Money-Len...ie=UTF8&s=digital-video&qid=1236413556&sr=8-3
I'm interested in purchasing the DVD but it's rather expensive at $50 (it seems to be an "academic" video or something, hence the high price). I've got a proposal - I'll pay $20 to $25, and I need a few people to chip in $5/person to make up the difference. I'll keep the DVD but provide each person with a high-quality copy which you can download directly from my website. If anyone is interested please send me a PM. Here is a full description of the documentary taken from:
http://www.ias.emory.edu/catalog.cfm?keyword=World Bank
http://www.youtube.com/watch?gl=GB&v=DrynBzUpyag
Two days ago I watched the video "The Debt of Dictators" and it stakes a stand against international financiers in general that load countries into perpetual debt, but it also takes a jab at the IMF and World Bank - I just now uploaded a clip to youtube:
http://www.youtube.com/watch?v=mSAkoUAFvrE&feature=channel_page
that same documentary also blames the Import Export Bank of the United States:
http://www.exim.gov/
for contributing to the Philippines debt by providing dictator Ferdinand Marcos with funds for a nuclear plant built in an earthquake zone near a volcano, which was never completed. I wonder if Ron Paul has ever spoken out against this bank.
There is another video I'm interested in called "The Money Lenders" that exposes the IMF and World Bank, you can watch a clip here:
http://www.amazon.com/The-Money-Len...ie=UTF8&s=digital-video&qid=1236413556&sr=8-3
I'm interested in purchasing the DVD but it's rather expensive at $50 (it seems to be an "academic" video or something, hence the high price). I've got a proposal - I'll pay $20 to $25, and I need a few people to chip in $5/person to make up the difference. I'll keep the DVD but provide each person with a high-quality copy which you can download directly from my website. If anyone is interested please send me a PM. Here is a full description of the documentary taken from:
http://www.ias.emory.edu/catalog.cfm?keyword=World Bank
The Federal Reserve is Bankrupt
How Did It Happen and What are the Ugly Consequences?
Global Research CA
March 10, 2009
The Federal Reserve is bankrupt for all intents and purposes. The same goes for the Bank of England!
This article will focus largely on the Fed, because the Fed is the "financial land-mine".
How long can someone who has stepped on a landmine, remain standing – hours, days? Eventually, when he is exhausted and his legs give way, the mine will just explode!
The shadow banking system has not only stepped on the land-mine, it is carrying such a heavy load (trillions of toxic wastes) that sooner or later it will tilt, give way and trigger off the land-mine![1]
In a recent article, I referred to the remarks of British Prime Minister Gordon Brown and President Obama calling for the shadow banking system to be outlawed.
Even if the call was genuine, it is too late. The land-mine has been triggered and the explosion cannot be averted under any circumstances.
The only issue is the extent of the damage to the global economy and how long it will take for the world to recover from this fiasco – a financial madness that has no precedent. The great depression is "Mary Poppins" in comparison!
The idea of a central bank going bankrupt is not that outlandish. I am by no means the first author who has given this stark warning. What underlies this crisis (which I initially examined in an article in December 2006) is the potential collapse of the global banking system, specifically the Shadow Money-Lenders.
Nouriel Roubini, the New York University professor said [2]:
"The process of socialising the private losses from this crisis has moved many of the liabilities of the private sector onto the books of the sovereign. At some point a sovereign bank may crack, in which case, the ability of the government to credibly commit to act as a backstop for the financial system – including deposit guarantees – could come unglued."
Please read the underlined words again. "Sovereign bank" means central bank. When a central bank "cracks" i.e. becomes insolvent, "all hell breaks lose", because as the professor correctly pointed out, "any government guarantees will ring hollow and will be useless".
If a central bank goes belly up, it is as good as the government going bankrupt. Period!
In another article, Roubini admitted that the pressure on "the financial land-mine" is totally unbearable. He wrote: "The US Financial system is effectively insolvent". It follows that if the financial system is bankrupt, it is a matter of time before the "sovereign bank" goes belly up. This is a given!
...
Full Story:
http://www.globalresearch.ca/index.php?context=va&aid=12648
How Did It Happen and What are the Ugly Consequences?
Global Research CA
March 10, 2009
The Federal Reserve is bankrupt for all intents and purposes. The same goes for the Bank of England!
This article will focus largely on the Fed, because the Fed is the "financial land-mine".
How long can someone who has stepped on a landmine, remain standing – hours, days? Eventually, when he is exhausted and his legs give way, the mine will just explode!
The shadow banking system has not only stepped on the land-mine, it is carrying such a heavy load (trillions of toxic wastes) that sooner or later it will tilt, give way and trigger off the land-mine![1]
In a recent article, I referred to the remarks of British Prime Minister Gordon Brown and President Obama calling for the shadow banking system to be outlawed.
Even if the call was genuine, it is too late. The land-mine has been triggered and the explosion cannot be averted under any circumstances.
The only issue is the extent of the damage to the global economy and how long it will take for the world to recover from this fiasco – a financial madness that has no precedent. The great depression is "Mary Poppins" in comparison!
The idea of a central bank going bankrupt is not that outlandish. I am by no means the first author who has given this stark warning. What underlies this crisis (which I initially examined in an article in December 2006) is the potential collapse of the global banking system, specifically the Shadow Money-Lenders.
Nouriel Roubini, the New York University professor said [2]:
"The process of socialising the private losses from this crisis has moved many of the liabilities of the private sector onto the books of the sovereign. At some point a sovereign bank may crack, in which case, the ability of the government to credibly commit to act as a backstop for the financial system – including deposit guarantees – could come unglued."
Please read the underlined words again. "Sovereign bank" means central bank. When a central bank "cracks" i.e. becomes insolvent, "all hell breaks lose", because as the professor correctly pointed out, "any government guarantees will ring hollow and will be useless".
If a central bank goes belly up, it is as good as the government going bankrupt. Period!
In another article, Roubini admitted that the pressure on "the financial land-mine" is totally unbearable. He wrote: "The US Financial system is effectively insolvent". It follows that if the financial system is bankrupt, it is a matter of time before the "sovereign bank" goes belly up. This is a given!
...
Full Story:
http://www.globalresearch.ca/index.php?context=va&aid=12648
US calls for tripling of IMF firepower
The US raised the stakes in its drive for an aggressive response to the global financial crisis on Wednesday, calling for a tripling of the International Monetary Fund’s firepower and bigger fiscal stimulus measures worldwide.
http://www.ft.com/cms/s/0/5203dc20-0e65-11de-b099-0000779fd2ac.html?nclick_check=1
The US raised the stakes in its drive for an aggressive response to the global financial crisis on Wednesday, calling for a tripling of the International Monetary Fund’s firepower and bigger fiscal stimulus measures worldwide.
http://www.ft.com/cms/s/0/5203dc20-0e65-11de-b099-0000779fd2ac.html?nclick_check=1
IMF poised to print billions of dollars in 'global quantitative easing'
Telegraph UK
13 Mar 2009
The International Monetary Fund is poised to embark on what analysts have described as "global quantitative easing" by printing billions of dollars worth of a global "super-currency" in an unprecedented new effort to address the economic crisis.
...
Full Story:
http://www.telegraph.co.uk/finance/...of-dollars-in-global-quantitative-easing.html
Telegraph UK
13 Mar 2009
The International Monetary Fund is poised to embark on what analysts have described as "global quantitative easing" by printing billions of dollars worth of a global "super-currency" in an unprecedented new effort to address the economic crisis.
...
Full Story:
http://www.telegraph.co.uk/finance/...of-dollars-in-global-quantitative-easing.html
China calls for a one world Global Currency
Financial Times
http://www.ronpaulforums.com/showthread.php?t=185261
Financial Times
http://www.ronpaulforums.com/showthread.php?t=185261
Let's have a rally focused on all three!
I can think of a few ways, but I don't think I'm allowed to say them.
"Conspiracy Theorists" Not So Crazy After All
The New American
http://www.thenewamerican.com/economy/commentary-mainmenu-43
The New American
http://www.thenewamerican.com/economy/commentary-mainmenu-43
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