Category Archives: Banks

FROM THE HORSE’s mouth: World Bank Whistleblower on how Global Elite rules the 99%

The impact of what we say and what we write depends a lot on our ‘credibility’. When ‘ordinary people’ say that the world is run by the Basel Bank for International Settlements as the central bank of central banks, nobody understands them. When a world bank whistleblower writes it, they will, hopefully, believe her:

Karen Hudes is a graduate of Yale Law School and she worked in the legal department of the World Bank for more than 20 years. In fact, when she was fired for blowing the whistle on corruption inside the World Bank, she held the position of Senior Counsel.

She was in a unique position to see exactly how the global elite rule the world, and the information that she is now revealing to the public is absolutely stunning. According to Hudes, the elite use a very tight core of financial institutions and mega-corporations to dominate the planet.

The goal is control. They want all of us enslaved to debt, they want all of our governments enslaved to debt, and they want all of our politicians addicted to the huge financial contributions that they funnel into their campaigns. Since the elite also own all of the big media companies, the mainstream media never lets us in on the secret that there is something fundamentally wrong with the way that our system works.

Remember, this is not some “conspiracy theorist” that is saying these things. This is a Yale-educated attorney that worked inside the World Bank for more than two decades. The following summary of her credentials comes directly from her websiteContinue reading

NATIONAL CREDIT and the Bradburys – from the Author of The Money Bomb

This 5-page article was written by James Gibb Stuart who passed away after 93 years of a life filled with passion for monetary reform.

His book The Money Bomb made such an impact on the City’s establishment that it was banned from WH Smith’s windows after a positive review in the Evening Standard…

With ‘social media’ we have a new chance to make the Bradbury happen and abolish the national debt in the process:

A FLAW in the Monetary System?

This seven-minute video shows better than any other medium how devastating the effect of compounding interest upon interest is.

The trouble is that, by now, brainwashing (rather than education) has been so successful that everybody thinks ‘money’ must be borrowed. At interest. Nobody asks where the interest is supposed to come from.

And there is a big difference whether

  • you and I borrow for our personal or small business needs (little money)
  • whether banks and central banks borrow (making money out of money aka usury)
  • and whether the Government borrows ‘big’ money
  1. for its own needs
  2. the provision of public services
  3. the compensation for shortcomings provided by public officials
  4. to ‘run’ the economy – which it hardly does, compared with the effect of money as debt.

Yes, it’s about ‘big’ money and ‘little’ money, and it’s about long and short time frames. That’s what the video shows!

‘Austerity cuts’ are far from necessary. But The Bradbury Pound is not known, since it is not taught by any economist. For the bank(st)ers do their best to camouflage what they are doing: create money from thin air and charge interest for it.

The big question is: why do all politicians seem to fall for this ‘trick’ such it has been beautifully institutionalised into the Debt Management Office?

The history of the national debt is published here. But who benefits is not published, i.e. the recipients of interest payments!

New analysis claims US may default 15 days prior to the actual date

13 01 10 Washington PostThis article is a guest contribution that illustrates how the language of personal debts is camouflaged when talking about national debts:

  • the repayment by personal debts is legally enforcible
  • the repayment of national debts doesn’t matter as long as interest payments reach the bank accounts of those with ‘vested interests’…

Now, however, as people are beginning to wake up to the impossibility of ‘growing debt’ forever, ‘debt ceilings’ are used

  • either to bankrupt governments or
  • at least to reduce public spending.

Hopefully more and more people see how money has become a tool to control and has ceased to be a medium of exchange, let alone a store of value…

Maybe the ease with which ‘money’ is created as debt should be kept separate from controlling a nation’s money supply? Continue reading

The Emperor’s New Clothes: How to Pay off the National Debt & Give a 28.5% Tax Cut

This excellent article is published by the Irish Liberty Forum (ILF).

Its author is an entrpreneur who is dedicated to promoting the Austrian School of economics based on F A Hayek, which makes me somewhat sigh. For they ‘forget’ about the role of the state and think they can leave everything to’the market’…

Still, they do know about the difference between Cash and Credit and the devastating effect of the public debt…

Central banks + banks + governments = same circus, different clowns!?…

Analogy of the bank bailoutAre enough people waking up to make a difference like this cartoonist? Click on the image to enlarge it.

Central banks create “money” from thin air, call it quantitative easing, sell it as “public debts” or “treasury bonds” to get interest payments, and people are in awe of fancy papers and words they don’t understand.

Banks do the same, while talking about “financial products”…

And governments? They play along and betray their tax payers. That’s why the Treasury gets staffed with Bilderberg attendees.

Institutions live longer than people. They follow the money to employ people. In 1694, the Bank of England was the second central bank after the Swedish Rijksbank 30 years earlier…

Same circus, different clowns!…

Send your Santa Letters to the Bankers. They can make Miracles happen, says Robin Hood…

Here’s my Santa Letter that I put here. Will you add yours?

Dear Bank of England,

For Christmas, it would REALLY be nice if ALL of your employees were invited to remember how you were created in 1694: the Bank of England Act foresaw a punishment for TRADING, to avoid the SUPPRESSION of Their Majesties’ subjects, at TREBLE the value of the trade. See http://bit.ly/fgU3Ps

Hence my biggest wish is that you stop selling ‘bonds’ or any other papers or currencies to the Treasury as “public debt”, only for us the taxpayers to pay interest every year, in every budget, no matter who’s in government.

My next biggest wish is that you stop listening to the Fed, the IMF and any other American economists or bankers. Think your own thoughts! And think about what is good for the people in the UK and not just the global financial elite. Could you please put your allegiance where it is supposed to be, and not with whoever wines and dines you best?

And then I do wish that you supervise all banks propoerly, for self-regulation does NOT work. With the internet it’s easy now. Get proper statistics together! Just as everybody gets hit and hurt when ZERO is reached in an account, so please hit and hurt your fellow bank(st)ers:

  • when there is too much Credit and not enough Cash in the money supply
  • when short, medium AND long-term inflation figures become unacceptable
  • when banks get bailed out WITHOUT victims of financial exploitation and legal oppression being compensated for white collar crimes committed by people in your institutions.

What a lovely 2011 it would become!!!…

Yours gratefully in advance,

Sabine

Organiser, Forum for Stable Currencies
Web Publisher, Victims Unite!

The Emperor’s New Clothes: How to Pay off the National Debt & Give a 28.5% Tax Cut

This is a great article with an interesting string of comments, written by an entrepreneur who calls a spade a spade.

It’s part of the remarkable work of The Cobden Centre which stands for honest money and social progress!!!

I came across it thanks to Steve Baker MP who supports Douglas Carswell MP in his 10 minute rule bill to lead the way on bank reform.

The Chancellor’s promises to the City

This speech (an hommage to the City!) refers to sovereign debts, the budget deficit and the new government’s intention to restructure supervision and regulation.

It means re-shuffling a few people, creating a few new Committees and generally more and more centralisation of power – away from the state – towards the “independent” Bank of England.

More comments on this blog entry.

The Chains of the Maastricht Treaty

Who has benefitted from the United Kingdom agreeing to Article 104 of the Maastricht Treaty?

A German TV program on the financial crisis suggested that there are 500 lobbyists from the banking industry for every lobbyist from the real economy.

The Treasury spelled it out in a letter to Alexander Baron, publisher of Financial Reform: Article 104 expressly forbids credit facilities for national governments. That means, governments are expected to borrow in the free market, while the EU overlooks their deficits, i.e. needs for borrowing. What a claim to supra-national control!