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The Bank for International Settlements' Backdoor Betrayal

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Written by Bruno de Landevoisin of  the STEALTHFLATION blog.


The Bank for International Settlements, otherwise known as the BIS, should more aptly be named the Bank for International division and domination.  It's clearly an institution with global reach, whose hidden covert purpose is to impose the financial globalist's agenda on all sovereign nation states.  The luminous photo below is of their luxurious Headquarters.

Ten times a year, once a month except in August and October, a small group of well dressed men arrives in Basel, Switzerland. Carrying elegant overnight bags and stylish brief cases, they discreetly check into the Euler Hotel, across from the railroad station.  They come to this quiet city from places as disparate as Tokyo, Paris, Brasília, London, and Washington, D.C., for the regular meeting of the most exclusive, secretive, and powerful supranational club in the world.

Each visiting member has his own office at the club, with secure telephone lines to his home country.  These elite international bankers are fully serviced by a permanent staff of about 300, including chauffeurs, chefs, guards, messengers, translators, stenographers, secretaries, and researchers. Also at their disposal are a brilliant research unit, well equipped medical facility and deep underground bunker, as well as a secluded country club with tennis courts and a swimming pool, a few kilometers outside of Basel.

Undoubtedly, we have all heard of this all important international organization, but how many of us really know much about it, or even understand its intended purpose.  The only thing that I knew about this powerful global entity was that it is often described as the Central Bank of Central Banks.  Clearly, we all need to know more, let's constructively begin with some benign elementary historical background transcribed from Investopedia, and also lay out the venerable institution's specific functions & mission statement, directly from the BIS website itself.images (2)

Founding and brief History of the BIS:

 Founded in 1930, the Bank for International Settlements is the oldest global financial institution and operates under the auspices of international law. But from its inception to the present day, the role of the BIS has been ever-changing, as it adapts to the dynamic global financial community and its needs. The BIS was created out of the Hague Agreements of 1930 and took over the job of the Agent General for Repatriation in Berlin. When established, the BIS was responsible for the collection, administration and distribution of reparations from Germany - as agreed upon in the Treaty of Versailles.

After World War II, the BIS turned its focus to the defense and implementation of the World Bank's Bretton Woods System. Between the 1970s and 1980s, the BIS monitored cross-border capital flows in the wake of the oil and debt crises, which in turn led to the development of regulatory supervision of internationally active banks. More recently, it has concentrated its efforts on the global financial stability and capital reserve requirement accords. The BIS has also emerged as an emergency "funder" to nations in trouble, coming to the aid of countries such as Mexico and Brazil during their debt crises in 1982 and 1998, respectively. In cases like these, where the International Monetary Fund is already in the country, emergency funding is provided through the IMF structured program.


The BIS has also functioned as trustee and agent. For example, from 1979 to 1994, the BIS was the agent for the European Monetary System, which is the administration that paved the way for a single European currency. Today, the BIS has become the central bank of central banks. The Bank now represents the interests of nearly all of the world's central bank institutions, and manages a significant share of their reserves, including gold holdings. The organization now serves and presides over 60 central banks worldwide. Accordingly the BIS requires the capital/asset ratio of central banks to be above a prescribed minimum international standard, for the protection of all central banks involved.

2014-08-02_1054

In broad outline, the BIS pursues its mission by:

  • Promoting discussion and facilitating collaboration among central banks.
  • Supporting dialogue with other authorities that are responsible for promoting financial stability.
  • Conducting research on policy issues confronting central banks and financial supervisory authorities.
  • Acting as a prime counterparty for central banks in their financial transactions.
  • Serving as an agent or trustee in connection with international financial operations.   

Der-BIZ-Turm-in-Basel-Hauptquartier-der-Bank-fuer-internationalen-Zahlungsausgleich-Archiv-

 

 

Now that we are up to speed on the BIS's alleged "raison d'etre", and fully indoctrinated in the organization's whitewashed history, self proclaimed mission statement and assumed functions, let's expose the true nature of this supposedly benign bastion of banking balance.  Trust me, they are anything but the modest measured men of monetary moderation and management they purport to be.  This odious institution is nothing but a conceited cunning cabal of carnivorous cannibals bent on global financial domination, who deftly deploy dreaded debt disbursements the world over. They will stop at nothing to achieve their ends, absolutely nothing.

To fully comprehend the self-serving nature of the BIS, one has to understand that it is an autocratic institution run by a very select group of the highest ranking bankers on the planet, representing both private banking interests, as well as those of the vast worldwide network of central banks that are ultimately owned by those same private commercial & financial interests.  It is important to note that these top flight international bankers have intentionally organized themselves, so as not to be directed by their own national governments for the crucial decisions and actions they take.  In effect, they are a supranational organization, controlled by an elite group of men, who preside over most of the world's financial and monetary systems of exchange which regulate and facilitate most of the globe's commerce.

The supreme inner club is made up of the half-dozen powerful central bankers at the apex of a privately devised international monetary system.  Their dictate, which enshrines the inner club from the rest of the lessor BIS members, is the firm belief that central banks should act independently of their home governments.  Their controlling organization is at the epicenter of global finance, and has inherently become increasingly connected and indispensable over time by design.  A glaring early example of their self-serving grandiosity can be found in their despicable double dealings before the outbreak and during the hostilities of the World Wars.

The following passage, by well-respected financial historian Adam LeBor, details the nefarious activities of Thomas McKittrick, a former president of the BIS:

The BIS was founded in Basel in 1930, where it is still headquartered today. Ostensibly set up as part of the Young Plan to administer German reparations payments for WWI, its real purpose was detailed in its statutes: to “promote the cooperation of central banks and provide additional facilities for international financial operations.” The establishment of the BIS was the culmination of the central bankers’ decades-old dream to have their own bank powerful, independent, and free from interfering politicians and nosy reporters.

Under the terms of the founding treaty, the bank’s assets could never be seized, even in times of war. Most felicitous of all, the BIS was self-financing and would be in perpetuity. Its clients were its own founders and shareholders, the central banks. The BIS, boasted Gates McGarrah, an American banker who served as its first president, was “completely removed from any government or political control.” McKittrick’s involvement with the BIS began in 1931, when he joined the German Credits Arbitration Committee, which adjudicated disputes involving German commercial banks. One of the other two members was Marcus Wallenberg, of Sweden’s Enskilda Bank, who taught McKittrick about the intricacies of international finance. Marcus and his brother Jacob were two of the most powerful bankers in the world. During the war, the Wallenberg brothers used Enskilda Bank to play both sides and harvest enormous profits.


2011-07-16180202In May 1939 McKittrick was offered the position of president of the BIS, which he readily accepted. As head of the BIS, headquartered in Basel, from 1940 to 1946, McKittrick played a crucial role in abetting Hitler’s war—and, at the same time, in revealing details about his Nazi colleagues to his friends in Washington, D.C. On McKittrick’s watch, the BIS willingly accepted looted Nazi gold, carried out foreign exchange deals for the Reichsbank, and recognized the Nazi invasion and annexation of conquered countries. By doing so, it also legitimized the role of the national banks in the occupied countries in appropriating Jewish-owned assets. Indeed, the BIS was so indispensable to the overall Nazi project that the vice-president of the Reichsbank, Emil Puhl, who was later tried for war crimes, once referred to the BIS as the Reichsbank’s only “foreign branch.” In the closing months of the war, as American GIs fought their way across Europe, McKittrick was arranging deals with Nazi industrialists to guarantee their profits after the Allied victory.

Additionally, the following indictment from Wikipedia:

As a result of Nazi collaboration allegations, at the Bretton Woods Conference held in July 1944, Norway proposed the "liquidation of the Bank for International Settlements at the earliest possible moment". This resulted in the BIS being the subject of a disagreement between the American and British delegations. The liquidation of the bank was supported by other European delegates, as well as the United States (including Harry Dexter White, Secretary of the Treasury, and Henry Morgenthau),[6] but opposed by John Maynard Keynes, head of the British delegation. Fearing that the BIS would be dissolved by President Franklin Delano Roosevelt, Keynes went to Morgenthau hoping to prevent the dissolution, or have it postponed, but the next day the dissolution of the BIS was approved. However, the liquidation of the bank was never actually undertaken.[7] In April 1945, the new U.S. president Harry S. Truman and the British government suspended the dissolution, and the decision to liquidate the BIS was officially reversed in 1948.

Fast forward to Today.  Would the very same elite banking interests not be behind the destabilization and financing of multiple military conflicts sprouting up all over the globe?  After all, the U.S. just finished squandering over $3 trillion endlessly tussling with a fanatical bunch of burka wearing nomads in the sparse mountains of Afghanistan for well over a decade.  In the end, what, and who the hell was all of that money really for?  Might it be supranational bank financing concerns funneling their central bank issued easy money government treasury funding directly into the military industrial complex.

MENA, after years of relative calm imposed by despotic regimes often legitimized by Western commercial interests, suddenly, all at once, seemingly out of nowhere, rose up in a spontaneous combustion of political awareness, the so called Arab Spring, which has brought as much disillusionment as promise.  What was really behind this?  While Syria, on the other hand, has been in a perpetual state of war due to ISIS insurgents supported by the U.S., Saudi Arabia, and Israel.  Iraq is on the verge of complete disintegration as the same western organized ISIS move in on Baghdad.  Libya is erupting, with American, British and French embassy's being swiftly evacuated.  What gives?  Are all of these simultaneous regional conflicts simply a sheer coincidence? Further war financing requirements perhaps.

The Hamas / Israel connection has certainly duped many, even though it is historical fact that the creation of Hamas itself was funded and supported by covert elements of the Israel government.  Why did Israel put money and arms at the disposal of Muslim extremist groups like Hamas and ISIS, only to enter into brutal conflict with them later?  Again, are the international bankers involved here as well?  Why bother with inflation when you can create DeathFlation!

The Ukraine crisis is only further intensifying after the attack on Malaysian flight MH17. In just the past week, the EU has instituted serious economic and financial sanctions, fighting has become even more fierce in the ethnic Russian speaking regions, and Russia itself has been accused of firing heavy artillery into the war zone.Ukraine-Protest_Horo-1-e1392750277144 Moreover, the U.S. now claims that Russia has demonstrably violated the terms of the Intermediate Range Nuclear Forces treaty.  Astonishingly, assistant Secretary of State, Victoria Nuland recently proudly trumpeted that U.S. sponsored NGOs (Non Governmental Organizations) had spent over $5 billion fomenting political protest on the ground in Kiev, in order to destabilize and ultimately overthrow the former president of Ukraine, Victor Yanukovych.  Again, who or what institution actually facilitated the financing of such an excessive amount of funds, and why?

Is it simply the usual bane of proxy war profiteering which is underway, or is something more sinister also a foot here.  Is the western central bank hegemonic monetary system attempting to further assert itself on the arising and defiant BRICS?  Moreover, since all out military conflict is no longer a viable option, due to assured mutual destruction from imposing nuclear arsenals, another most effective avenue for global domination would be via strategic financial and economic power.  Is this what the international banking cabal is now seizing upon?

21aPic1B2102124325_zz_anthems-cover-2007-smallA significant example of a BIS sponsored strategic global economic initiative, orchestrated by its self-serving megalomaniac banking power brokers, was its behind the scene’s role in devising and pushing forward the concept for a European Union with a single common currency.   It established a new role for itself in the postwar world, first as the financial mechanism for American efforts to rebuild Europe, and then for the accelerating project of European unification.  Some believe that the trans-national vision of a modern Europe ruled by mandarins in Brussels and Basel was originally hatched and concocted in a secret meeting held at the Bank for International Settlements.

Clearly, the driving force behind the financial engineering ambitions of the elite global bankers at the BIS has always been the same.  Namely; to further establish themselves as the indispensable international financial body, whose ultimate authority supersedes any national jurisdiction, thereby interminably dismantling and diminishing the sovereignty of the individual nation states.  In other words, they consolidate their subjugation of the local citizenry by championing the benefits of economies of scale which only globalization can achieve, and, of course, that only their financial frameworks can administer.

The UN, EU, NAU, IMF, WBC, CFR, NATO, WTO, OECD, WHO, and a myriad other IGOs (Intergovernmental organizations), all use much the same modus operandi as the BIS to expand their dominion.  In the end, it's mostly about their self-seeking interests, entitled importance and institutional aggrandizement.  Throughout history, elite groups of men have always attempted to subjugate the masses, this is no different.  The once magnificent self determined Republic of the United States, for the people of the people, must stop these globalists dead in their tracks, before their self-serving hubris and unrelenting drive for hegemony brings unsuspecting Americans down to their knees.

Carroll Quigley, the renown academic historian, in his monumental tome Tragedy and Hope published in 1966, clearly identified the underlying scheme of this scourge. images (1) Having studied the rise and fall of civilizations, Quigley found the explanation of disintegration in the gradual transformation of social "instruments" into "institutions", that is, transformation of social arrangements functioning to meet real social needs into social institutions serving their own purposes regardless of real social needs.

Many discerning Americans are certainly aware of the prevalence of the false Left/Right paradigm in American politics which is clearly driven by the buying off of politicians via an army of private lobbyists on behalf of avaricious corporate institutions and demanding special interest groups.  There is also a solid case to be made that our multinational banking institutions directly serve to promote this debilitating duplicitous demagoguery.  The once esteemed news networks have also degenerated into a cronyism cesspool of unabashed corporatism, no longer reporting news, but rather dishing out distilled disinformation and various valueless vicissitudes. Institutional disintegration indeed, Mr. Quigley was flat out dead right back in 66'!

Professor Carroll Quigley directed his poignant prescient prose specifically at the Bank for International Settlements:

"The Power of financial capitalism had a far reaching plan, 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 feudalistic fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent 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. Each central bank sought to dominate its government by its ability to control treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence co-operative politicians by subsequent rewards in the business world."

banksters6The ominous premise of this lengthy piece is precisely why the United States should become increasingly alarmed as these globalists continue to extend their supremacy.  Just as the once proud independent self governing sovereign nation states of Europe have become subservient to an autocratic international banking class, which promptly imposed a common currency, and is now actively crafting a fiscal union to complete its ascendancy and authority, the United States also is a prime target in the cross hairs of these very same avaricious financial oligarchs.

Make no mistake, the likes of the BIS, IMF, IFC, OECD and the World Bank are on a maniacal maraudering mission to subvert the existing U.S. monetary system, via a crafty and cunning central bank, in our very own complicit Federal Reserve.

In my view, this is the only valid explanation as to why we are systematically being driven off a fiscal and monetary cliff, almost as if we were preforming a national financial and economic Hari Kari ritual.  At this point, they have mandated a market cataclysm and deliberately determined the dollar's demise. To be sure, the BIS and IMF are waiting in the wings with a new global means of exchange based on an archetype of the presently established SDR mechanism.

Why else would the BIS be stating the following today regarding the FED's current monetary measures?

“The temptation to postpone adjustment can prove irresistible, especially when times are good and financial booms sprinkle the fairy dust of illusory riches. The consequence is a growth model that relies too much on debt, both private and public, and which over time sows the seeds of its own demise. To return to sustainable and balanced growth, policies need to go beyond their traditional focus on the business cycle and take a longer-term perspective – one in which the financial cycle takes centre stage…They need to address head-on the structural deficiencies and resource misallocations masked by strong financial booms and revealed only in the subsequent busts. The only source of lasting prosperity is a stronger supply side. It is essential to move away from debt as the main engine of growth."

images (3)Ask yourselves, if Janet Yellen sits on the Board of Directors of the BIS, why have she and all her 21st century predecessors been conducting a brazen, unproven, uncharted and surely precarious monetary policy with complete abandon, that totally contradicts the sage and proven advice, judiciously laid out above, by the very institution which is central to monitoring, regulating and advising on global central bank direction.

Something stinks here, it just doesn't add up. Is our Federal Reserve, whose top leadership also happens to be elite members of the BIS banking cabal club, actually double dealing here?  Setting us up for a great fall, so the financial globalists can come sweeping in to our rescue, installing themselves as our monetary overlords?  Far fetched, you say? Remember, this is well within their past predatory precepts, and typical of their self-serving Modus Operandi!

If  we can't convince you, perhaps the view of billionaire hedge-fund legend Paul Singer will:

We were astounded to learn that the board of the BIS is comprised of none other than the heads of the major central banks of the developed world! Yes – Yellen, Draghi, et al! So, these central bankers are simultaneously failing to tell their respective governments that (1) monetary policy has done enough; (2) monetary policy is causing massive risks and distortions; and (3) political leaders must grab the reins and make structural changes, these same central bankers are authorizing BIS reports that will enable them to say, after the coming multifactor crisis, that they told us about the risks. 

president-andrew-jackson

We wonder who from the Fed authorized the report, and why they haven’t shared these harsh views of Fed policy in the FOMC meeting minutes or the endless public speeches by Fed officials. It is duplicitous for the Fed to authorize the views in the BIS report yet keep quiet about them elsewhere. But then, the Fed has never accepted much responsibility for the 2008 crisis, despite its decisions to keep interest rates artificially low for an extended period of time, to do a poor job of regulating the banking system and to abet Fannie and Freddie in their utter irresponsibility. History rhymes. The Fed has created the fuel for another crisis, seems to know it judging by the BIS report, and yet is covering itself with an "I told you so" report from the BIS rather than changing course.

In closing, the following list identifies the current Board of Directors who preside over the Bank for International Settlements today, see if you recognize any of these supranational scoundrels.

The BIS Board of Directors:

Chairman: Christian Noyer, Paris Mark Carney, London Agustín Carstens, Mexico City Luc Coene, Brussels Jon Cunliffe, London Andreas Dombret, Frankfurt am Main Mario Draghi, Frankfurt am Main William C Dudley, New York Stefan Ingves, Stockholm Thomas Jordan, Zurich Klaas Knot, Amsterdam Haruhiko Kuroda, Tokyo Ann Le Lorier, Paris Stephen S Poloz, Ottawa Raghuram Rajan, Mumbai Jan Smets, Brussels Alexandre A Tombini, Brasília Ignazio Visco, Rome Jens Weidmann, Frankfurt am Main Janet L Yellen, Washington Zhou Xiaochuan, Beijing

Banking-Elite-infograph

  The Globalists are indeed on the move...............

 

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Mon, 09/15/2014 - 09:52 | 5218398 matrix2012
matrix2012's picture

As a matter of record, the new link to this article at the author's blog is:

http://zirpqe.wordpress.com/2014/08/16/the-bank-for-international-settle...

 

And there's a note at the author's earlier blog: StealthFlation (Soon to be StealthFlation.com)

you know where to look for when above link is ever changed, again ;-)

Thu, 08/14/2014 - 20:50 | 5095032 Sorry_about_Dresden
Sorry_about_Dresden's picture

I just finished "The Tower of Base" by Adam LeBor (his work was cited in your article).

 

I thought it was all about the Federal Bank of New York and come to find out they are just minions of the Bank of International Settlement.

Reading The Tower of Basel, by Adam LeBor, made me realise how much I really don't know even after reading most of Ron Paul's Book of the Month Selections.

Thu, 08/14/2014 - 13:30 | 5093076 PeeramidIdeologies
PeeramidIdeologies's picture

It is the loose ends and unanswerable questions that speak the loudest.
It is time to fight fire with fire. The only way to stop these people is to use their own instruments against them. They rely on the compliance of individuals to enforce their creed. Otherwise they are powerless.

Thu, 08/14/2014 - 21:47 | 5095430 Bdelande
Bdelande's picture

Very ture................but until they starve the host, the parasites remain large and in charge.......fortunately, time is their enemy same as it ever was.

Thu, 08/14/2014 - 12:55 | 5092899 radiobomb
radiobomb's picture

@ DeathFlation,.... nice article... the BIS is the apex of manipulation and greed. Agreed.  To add more detail to this article,  BIS enabled WW2, by funding of the nazi party which allowed it's rise to power - and consequently WW2,  via a handfull of US companies - Ford, Standard Oil, JPM, CocaCola, and others.  Ford was 'an inspiration' to hitler and his lifesized photo was on hitler's wall behind his desk pre-war, Ford also built the factories pumping out tanks / engines / hardware.  Standard Oil [george prescot Bush's company] facilitated petro-requirements. JPM [and others] provided gold bullion. CocaCola was sponsoring all print literature for the nazi party, as well as rallies, and the berlin olympics, via its Fanta product, whilst providing cocacola to the allies.... The BIS made it all happen, and moved the bullion from 1 vault to another within it's own building as payments and donations were made.

After WW2, when the US citizens wanted those companies prosecuted for 'trading with the enemy', the corporations clubbed together to engage william randolf Hearst to buy all independant media outlets of the free press.  This sinister move succeeded and it was the death of the Free Press, with editors put in place to block articles and reports on the real 'trading with the enemy' culprits.  A new focus was developed where paper from wood, not hemp, was used in the printing presses... and the demonisation of hemp's cousin plant began with the now comic 'reefer madness' info films, turning into the 'war on drugs' we all know today.

Talk about consequences for humanity...! On every level the BIS has been there , and always for the worst.

 

Thu, 08/14/2014 - 20:54 | 5095153 Sorry_about_Dresden
Sorry_about_Dresden's picture

To add a few details I have come across to add to your list.

Prescott Bush: Director of Union Bank which was seized by Treasury for trading with the enemy in 1942.

Allen Dulles spent WWII in Basel Switzerland laundering treasure plundered by the NAZI regime.

The BIS transferred all of the gold stored in the Czechoslovak Central Bank to the Reich's Bank knowing it was looted. 

Richard Nixon, while performing his duties in Naval Intelligence, was tasked to review captured NAZI documents. He was going to drop the dime on Prescott Bush, Brown Brothers, Harriman and have them charged with treason. Prescott Bush bribed Nixon by funding his Congressional campaign in the late 1940's.

Averril Harriman was ambassador to Russia and also owned shares in mines in Silesia where slaves were worked to death.

What every happened to all that NAZI gold bullion Patton's 3rd Corp. found in the salt mines after Operation Market Garden?  I have searched far and wide for some sort of documentation of the disposition of the gold bars stamped with the swastika. 

Every seen that photograph of Richard Nixon, Prescott Bush and Jack Ruby taken in the late 1940's in their Panama hats?

https://www.google.com/url?sa=i&rct=j&q=&esrc=s&source=images&cd=&cad=rj...

I know Jon Corzine is at Hillary's fund raiser in Matha's Vinyard; but what happened to Martin Bormann?

https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=2&cad=rja&...

 

 

 

 

Thu, 08/14/2014 - 15:19 | 5093643 Bdelande
Bdelande's picture

Thanks for those further details and that added color.  Apparently, the only thing the BIS really knows how to settle are its owners' commercial interests, to hell with all the rest is clearly their motto.    

Freakish Financial Fascist at their Finest................ 

 

Thu, 08/14/2014 - 11:32 | 5092409 Comte d'herblay
Comte d'herblay's picture

"...... as well as a secluded country club with tennis courts and a swimming pool, a few kilometers outside of Basel".

 

And what!?  No fucking Golf Course????

It's inhumane!!!

Thu, 08/14/2014 - 12:36 | 5092789 radiobomb
radiobomb's picture

deep underground bunker though...... maybe on the 18th hole.....

Thu, 08/14/2014 - 09:18 | 5091778 meatworm
meatworm's picture

@sam site

 

"...(...)... and that's a return to the genuine money of gold and silver."

 

Yes. A return to gold as an asset resolving Triffin's dilemma and FOFOA's dilemma.

FOFOA's dilemma: When a single medium is used as both store of value and medium of exchange it
leads to a conflict between debtors and savers. FOFOA's dilemma holds true for both gold and fiat, the
solution being Freegold, which incidentally also resolves Triffin's dilemma.

 

Thu, 08/14/2014 - 07:40 | 5091383 sam site
sam site's picture

Peter Schiff points out that by the time the three Fiat currencies lose confidence and melt down, the world is going to be so sick of counterfeited Fiat currencies that it is unlikely they will accept the BIS Special Drawing Rights (SDRs) as the new Fiat unbacked replacement as the BIS is no doubt planning and Jim Rickards points out.

Schiff is confident that the world will reset to stage 1 of the Seven Stages of Fiat Currencies as described by Mike Maloney and that's a return to the genuine money of gold and silver.

But these corrupt Jesuit-controlled bankers have a reputation for playing hardball and the ends justify the means and they have control of 90% of the sheeple through toxic injury, so they could impose the SDR by force.  I don't see many healthy, rebellious, clear thinking people that will oppose them at this point.  Except maybe for ZH readers.  See you in the streets.  Fight the Power!   

Thu, 08/14/2014 - 11:08 | 5092246 Sorry_about_Dresden
Sorry_about_Dresden's picture

WHO NEEDS SDR WHEN WE ALL HAVE DEBIT/EBT CARDS.

ISN'T THE, DE-FACTO, FIAT SYSTEM ALREADY BEEN REPLACED W/ A PLASTIC CARD AND NUMBERS ON A MONITOR?

I used to go by the bank every Friday, fight the masses, to cash my paycheck some 20 years ago. I went to cash my tenant's rent check for a few months to get cash for an upcoming trip to Europe. I arrived at the bank at about 4:45 p.m. right before they closed they closed the doors and I was the only customer in the place. 20 tears ago the lines would stretched out the door with folks cashing/depositing their paychecks.

I presented the tenant's check for $1200 and my passport so their would be no question as to my identity. the teller said " It is our policy to contact the account holder to verify the authenticity". I said "You go right ahead!"

I waited as the phone call went to voice mail and the teller was beside herself. I asked "Is there a problem? Is there insufficient funds?" all the while the clock was approaching closing time. She said "I can't contact the account holder!. I said " If you look at her account you will see a check for the same amount withdrawn every month. I usually deposit this check ,but I am going on a trip and I need the cash. Is my identification (passport) out of order....I have other forms of ID" 

She finally dolled out the hundreds under, what seemed to me great duress.

It seems we have to revert to the good old mattress again if we what to hold any cash. The banks don't want to give you any cash!

What kind of system is that?

Thu, 08/14/2014 - 07:47 | 5091404 Bdelande
Bdelande's picture

Sam I am...............;-)

Thu, 08/14/2014 - 07:07 | 5091309 russwinter
russwinter's picture

Belgian Buyer of Treasuries is BIS-Rothchild Backdoor Money Laundering:

http://winteractionables.com/?p=13797

 

Thu, 08/14/2014 - 07:33 | 5091363 Bdelande
Bdelande's picture

Certainly very conceivable, if not down right likely......................thanks for the link. 

Thu, 08/14/2014 - 06:03 | 5091264 q99x2
q99x2's picture

Probably as many Russian-Chinese nukes focused on that puppy as the City of London.

Thu, 08/14/2014 - 02:47 | 5091050 Sambo
Sambo's picture

BIS has come together because of causes and conditions. When those causes and conditions go away, BIS ceases to exist.

 

Thu, 08/14/2014 - 00:57 | 5090831 Ocean22
Ocean22's picture

Amazing article. well done. Simple to understand and covers it all...

 (me thinks someone (the BIS) just got outed in a BIG way.....)

Pass this article to EVERYONE you know!

Thu, 08/14/2014 - 05:22 | 5090891 Bdelande
Bdelande's picture

Kind of you to say, let's hope they don't break down the door.

Wed, 08/13/2014 - 22:26 | 5090509 limacon
limacon's picture

Hierarchies mean war . See Origins of Peace and War | Academia.edu

www.academia.edu/6257626/Origins_of_Peace_and_War
Origins of Peace and War II Andre Willers 14 Nov 2012 “The Real Gates of Janus are closing” Synopsis: General War is becoming less prevalent as technology ...

Wed, 08/13/2014 - 22:30 | 5090524 Bdelande
Bdelande's picture

Precisely, and all for the worse.........as they are no longer being conducted for a cause, as questionable as they might have been, but rather for pure profiteering and the lucrative self-serving aggrandizement of the MIC.  

Thu, 08/14/2014 - 01:04 | 5090895 Ocean22
Ocean22's picture

Death: question.  Someone is making it look like WW3 is going to start.  Depending on who you read, Russia is going to nuke the aggressive USA, or USA is going to first strike Russia.

The alternative news feeds ( paul craig roberts et al.) are pounding this day after day.  In a way, I can see what hes saying. The USA is spying on the world, destablizing the whole globe, starting war after war on the false flag of 9/11... But Brandon Smith would argue that the game is rigged and both side are being controlled by the same team, manipulated to an end game. (bankers?)

Would you concur?

Is all this a game to get us to the next NWO playing field? Or has the world reall yhad it with the USA and they will not take it much more?

 

Thu, 08/14/2014 - 07:48 | 5091300 Bdelande
Bdelande's picture

FWIW;

I can't state unequivocally, as the others you mentioned have, that we are purposely and intentionally being driven towards all out world war. Certainly, proxy wars and regional resource wars are in the cards, as they are lucrative endeavors for both the MIC and the Multinational oil companies. 

However, I can say with a certain confidence that the current path we are on will indeed inevitably lead to a significant East / West confrontation. We print and party while they work and weep, that's a recipe for disaster. 

 

Same as it ever was..............

Wed, 08/13/2014 - 22:00 | 5090408 teslaberry
teslaberry's picture

all of the above may well be true, but banks did not invent war, and there is no avoiding war  .banks or not banks. THERE WILL BE WAR!

Thu, 08/14/2014 - 07:06 | 5090462 Bdelande
Bdelande's picture

Never stated that they invented war?  Just that they often initiate and perpetuate them, all in the name of profit.........the elite banking class is not as civilized as they purport to be........don't be fooled by their tailored elegance neatly procured on Savile Row. 

Wed, 08/13/2014 - 21:29 | 5090280 Seize Mars
Seize Mars's picture

I swear, did you ever get a good look at that BIS building? It's a fucking Templar Knight helmet, no shit.

Wed, 08/13/2014 - 21:23 | 5090269 realWhiteNight123129
realWhiteNight123129's picture

KABOOM! Credibility crisis for central banks coming  shortly. 

Wed, 08/13/2014 - 21:05 | 5090205 disabledvet
disabledvet's picture

Meh...what need is there for "settlement" so long as oil and gas are flowing from the pipe?  Plus all the Nazi gold ended up in Portugal.

A lot of good it did Portugal of course.....

Wed, 08/13/2014 - 21:33 | 5090264 Bdelande
Bdelande's picture

 

 

Both energy and economic growth are required for the debt game to keep chugging along, the former is in question, especially down the line, and the later, for the moment, is suspect at best.....................

Wed, 08/13/2014 - 20:54 | 5090175 Raging Debate
Raging Debate's picture

The G7 is seven kindgdoms. The eight kingdom is the BIS. At the end of the day every lord over others with 51% controlling assets on paper fell prey to betrayal and destruction. This time, with the advent of supercomputers and recently quantum computing they will attempt to pre-empt the outcomes to remain in power. They truly cannot manipulate 4D, only a portion of the 3d pyramid but hubris may tell them otherwise.

To manipulate in 4D requires evolution back to energy and at such time physical land, best food and sex partners become irrelevant. But they are accountable for decision-making being at the top of the pyramid currently. I do hope they choose wisely and re-examine history a bit further.

"For those that don't learn from history are doomed to repeat it."
- George Santanyana

But I think Twaine is more correct in history ryhming, the age old investment question 'Is this time different?'

Wed, 08/13/2014 - 20:29 | 5090086 Notsobadwlad
Notsobadwlad's picture

After the next crisis, there will be a call to eliinate he Fed and to assail the BIS.

How is this possible if the banking elitists run the world?

Exactly!

Thu, 08/14/2014 - 00:38 | 5090149 Bdelande
Bdelande's picture

No one group or government has ever controlled human civilization in perpetuity.  I highly doubt this bogus bunch of self-servings slime will either......................same as it ever was.

Wed, 08/13/2014 - 20:16 | 5090037 robnume
robnume's picture

Where's Underdog? Sounds like Simon Bar Sinister is at it again...or is it still? ABOLISH THE FERAL RESERVE SYSTEM & the BIS!!

Wed, 08/13/2014 - 19:45 | 5089901 ebworthen
ebworthen's picture

The Bank for International Sodomites.

Thu, 08/14/2014 - 12:20 | 5092699 F0ster
F0ster's picture

BIZ - The Bank of Internatoinal Zionists

Thu, 08/14/2014 - 11:10 | 5092281 luckylongshot
luckylongshot's picture

Great comment although the group being sodomised includes me and almost everyone else in the western world so this comment strikes very close to home. Rather than trying to bring this group to justice it makes more sense to spread the secret that they have desperately tried to keep hidden for the last few hundred years. This is that there is an enormous conflict of interest in letting private individuals own a country's right to create money as evidenced by the Vitali Glattfelder and Battiston (2011) research showing the group that owns BIS has abused their power to thieve up to 80% of the wealth in the western world. The  way out of the mess they have created is to cancel all debt and return the right to create money to the people.

Thu, 08/14/2014 - 11:12 | 5092280 luckylongshot
luckylongshot's picture

N

Wed, 08/13/2014 - 19:03 | 5089685 Duc888
Duc888's picture

 

 

Bankers are honest "folks".  Really.

 

 

 

 

Wed, 08/13/2014 - 19:04 | 5089684 Armed Resistance
Armed Resistance's picture

Astoundingly audacious alliteration!  This is the best explanation I have seen for the Fed's positioning and supports the contextual nature of the article:

 

If one wishes to truly understand the actions behind private Federal Reserve policy, one must come to terms with a fundamental reality - everything the Fed does it does for a reason, and the most apparent reasons are not always the primary reasons. If you think that the Fed simply acts on impulsive stupidity or hubris, then you haven't a clue what is going on. If you think the Fed only does what it does in order to hide the numerous negative aspects of our current economy, then you only know half the story. If you think the Fed does not have a plan, then you are sorely mistaken... Central Bankers and their political proponents espouse a globalist ideology, meaning, they are internationalists in their orientation and motivations. They do not have loyalties to any particular country. They do not take an oath to any particular constitution. They do not have empathy for any particular culture or social experiment. They have their own subculture, with their own "values", and their own social hierarchy. They are a kind of "tribe" or "sect"; a cult, if you will, that views itself as superior to all others. This means that when the central bankers that run the Fed act, they only act with the intention to support and promote globalization, not the best interests of America and Americans. The process of globalization REQUIRES the dissolution of the U.S. economy, as it exists today. Period. There is no way around it. America can no longer remain a superpower in the face of what globalists call "harmonization". The dollar can no longer maintain its petro-currency status or its world reserve status if total centralization under a new global currency is to be achieved. Globalists believe that America must be sacrificed on the altar of "progress", and diminished into a mere enclave, a feudal colony of a greater global system. The globalists at the Fed are no different. Once this driving philosophy is understood, the final conclusion is obvious - the Fed exists to destroy the U.S. financial system and the U.S. currency mechanism. That is what they are here for. This is why the dollar has lost 98% of its value since the Fed was established in 1913. This is why the Fed deliberately engineered the derivatives bubble crisis through the implementation of artificially low interest rates. This is why their response to the crisis was to create yet another massive bubble in stocks and bonds through QE stimulus. This is why the Fed is cutting stimulus today. - Brandon Smith, December 21, 2013
Thu, 08/14/2014 - 08:53 | 5091668 doctor10
doctor10's picture

The US Constitution is the only shackles they have ever known. Most the history of the 20th century can be writ as a history of their attempt to throw those off.

Wed, 08/13/2014 - 20:49 | 5090136 Gadfly
Gadfly's picture

Agree with what you've said, although I would add that as the equivalent of a financial mafia, they need and have a current role for the U.S. and its tax payer funded military -- the Luca Brasi for the financial elite, the attack dog, the enforcer.  Feels great being used as someone's dumb stupid pit bull, doesn't it?  That is what we have become.  A stupid angry pit bull who is let off the leash whenever the financial elite have the need to terrorize or kill someone who gets in their way. 

Thu, 08/14/2014 - 00:50 | 5090840 Ocean22
Ocean22's picture

Shocking GADFLY, very interesting perspective, I concur! And when they are done with us, we will be sacrificed to save the boss.  

Shocking.

PS  Throw a little Angenda 21 (who is running A21 again??) in and the USA has a real long term mess on their hands.

Thu, 08/14/2014 - 05:42 | 5091243 UselessEater
UselessEater's picture

Yes, the term scape goat comes to mind as does 'long range plan'.... as the USA goes so will a few of us smaller western nations. with a little more Agenda 21 (its pretty big in Aust, NZ...) and it is becoming pointedly obvious to almost no one.

Wed, 08/13/2014 - 20:54 | 5090170 Bdelande
Bdelande's picture

How dare you insult Pit Bulls by comparing them to the scheming scum running their self-serving scams.

Wed, 08/13/2014 - 22:50 | 5090587 Gadfly
Gadfly's picture

Good point.

Wed, 08/13/2014 - 20:24 | 5089956 Bdelande
Bdelande's picture

:o)))

 

Very kind of you to say Brandon.  In fact, it was an article of yours that inspired part of this.

 

I have much respect for your well articulated views on what surrounds us. 

Wed, 08/13/2014 - 18:24 | 5089473 irazmo
irazmo's picture

 I looked at the pictures. Reading gives Zombies a headache, and writing gives Zombies brains.

Wed, 08/13/2014 - 20:01 | 5089657 Bdelande
Bdelande's picture

 

 

You may very well be right on that WindyWoo.................but remember, the more balls they try to juggle at once, the better the odds that they drop one on thier big fat toe, and finally get exposed for the clowns that they really are.................same as it ever was.

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