ENGLISH: The story below is about the fact that the 'groups' servant for six years, the man made President of Germany, Horst Köhler, for once said what the global truth is all about: military might is only used - by those who profit and their criminal collaborators - to further and safeguard the economical interests.* Human beings never count. NEVER!
Most of the links are in English, by the way.
In een radio-interview van 22 mei 2010 stelde de duitse bondspresident Horst Köhler dat militaire macht altijd en alleen maar gebruikt wordt om de economische belangen van de groep te garanderen.*
Henk Ruyssenaars - Buitenland correspondent
11 Juni 2010 - De negen dagen later afgetreden duitse president Horst Köhler zei in zijn arrogantie gewoonweg waar het wereldwijd op neerkomt: globaal worden militairen ingezet om de economische belangen van de werkelijke machthebbers veilig te stellen. Huidskleur, politiek, religie, ras en dergelijke wordt altijd en overal als excuus gebruikt.
Tijdens mijn onafhankelijke werkzaamheden gedurende 45 jaren als buitenlands correspondent voor alle 'groten der aarde' - inclusief de BBC, CBS, NOS, BRT/VRT etc. - toen die nog aan échte journalistiek deden - heb ik gezien dat Köhler volledig gelijk had. Wat de laatse decennia vooral via de oorlogspropaganda wordt veil geboden zijn alleen maar voorwendsels om die militaire macht in te zetten. Niets anders.
En de oorlogshetzers doen hieraan mee, via hun hersenspoelers, de z.g. 'politici' die aan 't woord worden gelaten via de TV door de - in Nederland en België - al even misselijkmakende Pauwen, Wittewasmannen, de Trips etc. in de zich totaal verkocht hebbende en nu helemaal vercommercialiseerde propaganda-media. Ze zijn allemaal medeschuldig! Allemaal!
De opportunistische Köhler diende deze moordende Moloch gedurende 6 jaren, als stroman en 'duitse president,' samen met 'strovrouw' Angela Merkel* plus de rest van de al even schuldige z.g 'politici' en hun collaborateurs aan de dodelijke militaire macht geholpen door de propagandisten in de meespelende media.
Zij zoeken uit en serveren wat de goegemeente moet denken. Geconcentreerd op vreten, vrijen, zuipen, voetbal, pornographie en de mythologische monarchie-mafia. Resultaat: hoe méér televisie men kijkt of kranten men leest, hoe dommer men wordt. Stél je voor dat iemand zou gaan denken dat dit huidige woekersysteem over miljoenen lijken gaat? En dat iedereen in leidende functie dit blijkbaar accepteert?
Dat is toch onwettelijk, en dus zijn dit allemaal oorlogsmisdaden. En die moordenaars lopen nog steeds vrij rond en maken goed sier van het van ons afgeperste illegale belastinggeld? Hoe zit dat dan? Er zijn blijkbaar - zoals Köhler ook zei - twee soorten mensen: de slaven die onwetend worden gehouden en belastingen betalen tot ze doodgaan, en de woekeraars en hun moordende medeplichtigen die van die belastingen van de slaven leven. En nooit iets over dit woekersysteem zeggen.
Iedereen die onderstaande 'links' bekijkt en begrijpt, weet waarom Köhler dit zei, en waarom hij moest vertrekken. De onmenselijke groep die wereldwijd profijt en macht trekt uit deze illegale militaire acties, kan niemand gebruiken die de waarheid zegt. Al is het maar uit domme arrogantie. Dus moest Köhler verdwijnen, en neemt 'n andere stroman z'n plaats in. Zoals gebruikelijk.
De mensheid wordt wereldwijd belazerd, bedrogen en bestolen.
En al de medeschuldigen die aan deze massamoorden voor winst en macht meedoen, zoals bijvoorbeeld Bilderberger Beatrix en haar 'adviseurs zoals stroman Nout Wellink, die jarenlang president was van Rothschild's "Bank for International Settlements, de BIS, in Basel, Zwitserland. Of de SHELL 'killers & drillers' met in de 'top' mensachtigen zoals eerder Jeroen van de Veer. Het zijn massamoordenaars. Mensen, waar ook ter wereld, tellen nooit mee. NOOIT!
Dat is de manier waarop deze groep winst en macht vergaart: allemaal worden ze er zélf beter van en de rest kan verrekken. Letterlijk en figuurlijk. En bij de miljoenen.
MILITAIRE MACHT WORDT GEBRUIKT OM DIT MOORDENDE SYSTEEM IN STAND TE HOUDEN
Bondspresident Horst Köhler zei waar het deze - vér van de mensheid staande - groep om gaat: militaire macht onder welk voorwendsel danook gebruiken, om de economische belangen voor de groep veilig te stellen. Niets anders is het geval, en dit gebeurt al heel lang over de hele wereld!
De grotendeels gehersenspoelde mensheid, bedoelde Köhler, en hij zei precies wat de groep ervan vond, want: "Er zijn géén betere slaven," zoals Goethe al zei: "dan slaven die denken vrij te zijn."
Miljoenen en nog eens miljoenen mensen hopen dat deze 'groep' en de hun behulpzame creaturen zoals Köhler, Obama, Bilderberger Beatrix, Nout Wellink, en andere collaborateurs wereldwijd die hiervoor verantwoordelijk zijn langzaam zullen creperen. Heel langzaam, dat hebben ze verdiend, de globale smeerlappen!
Evenals hun media-leugenaars en propagandisten die ook eeuwig in 'n soort hel moeten branden en al hier op aarde zeer pijnlijk ziek worden, wegens hun onmenselijke schuld aan deze globale massamoord. Ik hoop dat ze kapot gaan aan hun nachtmerries!
Persoonlijk hoop ik dat ze voor eeuwig mogen verrekken, deze woekerende massamoordenaars.
En hun spel voor de galerijen - waar bondspresident Köhler doorheen brak - ook.
Of zijn 3 miljoen vermoordde mensen - bijvoorbeeld in Irak alleen al - niet bewijs genoeg?
Liegende en bedriegende moordende profiteurs, dat zijn ze allemaal.
En niets anders.
Allemaal!
Henk Ruyssenaars
Weblog - Url.: http://forpressfound.livejournal.com/
* HOW ALSO THE CIA'S JACKALS WORK FOR GLOBAL ECONOMIC MIGHT AS KÖHLER STATED - Insider John Perkins - Url.: http://www.informationclearinghouse.info/article8171.htm
* Much of the wealth is since centuries made by 'The City' of London, which is the Rothschild empire's State within a state. This is the lair of the predators of the monetary control. It's here where they control and manipulate food, transport, fuel and whatever prices. - Url.: http://tinyurl.com/2zj7wl
* VOLGENS UNICEF ZIJN ER DRIE MILJOEN DODEN VANAF HET BEGIN VAN HET ILLEGALE OORLOGSGEWELD: IRAK, DE COMMISSIE DAVIDS EN AGNES KANT: ‘MEDEPLICHTIG AAN EEN ILLEGALE OORLOG OP LEUGENACHTIGE GRONDEN’- Url.: http://tinyurl.com/34npxlo
* Google: Ruyssenaars +"An unbridled monster" - Url.: http://tinyurl.com/2ulee6d
* Nu.nl - "Duitse president Köhler treedt af" - Tekst & video 1.08 - Url.: http://www.nu.nl/buitenland/2259035/duitse-president-kohler-treedt-af.html
* Radio-interview Deutschlandfunk met Köhler in Afghanistan - Duits - Url.: http://www.dradio.de/aktuell/1191138/
* Nederlands plus andere talen - Ex-Bondspresident Horst Köhler - Bron: Wikipedia - Url.: http://nl.wikipedia.org/wiki/Horst_Köhler
* Leerzame citaten van Angela Merkel - Url.: http://tinyurl.com/2vluz8m
* CRIMINAL BANKING CARTEL DESTROYED GREEK ECONOMY - Url.: forpressfound.livejournal.com/31977.html
* The 'investigations' - New York Times - In Greece’s Crisis, Fed Studies Wall St.’s Activities - Url.: http://tinyurl.com/yho82at
* Greece - Rothschild's Marfin Bank: "An employee of the burnt bank speaks out on the tragic deaths in Athens." – Url.: http://tinyurl.com/25p82t9
* Breaking News: Bomb Explodes Outside of JP Morgan (NYSE:JPM) Athens Office + related info. - Url.: http://www.youtube.com/watch?v=rU_umW_8lc8&feature=related
* Who's financing all the 'crisis'? - The private banks of the 'Federal Reserve' and it's usurers at Rothschild's BIS in Switzerland, they commit the absolute biggest crime against all humanity ever. - Url.: http://www.apfn.org/apfn/reserve.htm
* Isn't the saying: They who hold the gold, hold the power? - Have a look at what's called 'Rothschild's London Gold price fixing.' - Url.: http://goldinfo.net/londongoldfix.html
* Quotes concerning the murderous money makers - Url.: http://tinyurl.com/2ka2xv
* IMF - Any thinking, decent person, would stay away from it. Athens News: "What’s behind the name?" - Url.: http://www.athensnews.gr/articles/13388/02/05/2010/27297
* More stealing and extorting: Wikipedia - Tax rates around the world - Url.: http://en.wikipedia.org/wiki/Tax_rates_around_the_world
* BIS: THE MOST POWERFUL BANK YOU'VE NEVER HEARD OF - Url.: http://forpressfound.livejournal.com/38790.html
* Another story of the BIS, and those murdering money men. - Harper's: "Ruling The World of Money." - November 1983 - by Edward Jay EpsteinUrl.: http://www.edwardjayepstein.com/archived/moneyclub.htm
* Once he found out about this global heist of humanity by the BIS-bandits, Epstein wrote a lot more about the usury system from the BIS. - Google search: Web Results 1 - 10 of about 839 for "Edward Jay Epstein" +BIS - Url.: http://tinyurl.com/yaroet6
* A very good story: Lawyer and economist Ellen Brown - Web of Debt - about the BIS - Url.: http://tinyurl.com/ygjd2qn
* Take your pick and make up your own mind. Google search: Web Results for HR +"Bank for International Settlements" - Url.: http://tinyurl.com/ydrczzm
* List of 'Central Banks' and countries belonging and run by the BIS in Basel, Switzerland. - Probably your so called 'central bank' is there too. - Url.: http://www.bis.org/cbanks.htm
* The psychopathic BIS humanoids. - ''Beyond Insanity'' - Amos M. Gunsberg - Url.: http://www.serendipity.li/bush/beyond_insanity.htm
* G-20 - Countries and aim. - Source: Wikipedia - Url.: http://en.wikipedia.org/wiki/G-20_major_economies
* Rothschild's BIS is the 'Central Bank' to 55 country's 'central banks.' - Source: August Review - Url.: http://www.augustreview.com/index.php?option=com_content&task=view&id=7&Itemid=4
* BIS: "An Unbridled Monster - The global monetary system." - Url.: http://tinyurl.com/kk86q7
* Concerning 'Gold dollars': "Rothschild's Central Banks Gold War" - Url.: http://tinyurl.com/lohekf
* Your future money: Amero or Eurodollar in Gold? - Url.: http://tinyurl.com/yzq5bed
* "Government Sachs" and why financial criminals walk free - Url.: http://fpfcaresse5.blogspot.com/2009/11/government-sachs-and-why-financial.html
* BIS Annual usury report: one world currency... - Url.: http://disc.yourwebapps.com/discussion.cgi?id=234999;article=2610;search_term=Ruyssenaars
* Slave, who's faking your money? - Url.: http://disc.yourwebapps.com/discussion.cgi?id=234999;article=2590;search_term=Ruyssenaars
* The Fed 'lost' another $9 Trillion! - Url.: http://disc.yourwebapps.com/discussion.cgi?id=234999;article=2471;search_term=Ruyssenaars
* US: Private Fed banks get total monetary control! - Url.: http://disc.yourwebapps.com/discussion.cgi?disc=234999;article=2591;title=APFN%20MESSAGE%20BOARD
* The Lords of Hunger and Depopulation - Web Results for Kissinger +depopulation. - Url.: http://tinyurl.com/yh8begy
* Obama/ Soetoro - Or whatever his name is: Hey! Look! The CIA 'emperor' has no clothes! - Url.: http://tinyurl.com/o55tpv
FOREIGN PRESS FOUNDATION
Editor: Henk Ruyssenaars
http://tinyurl.com/2wegpc
The Netherlands
fpf@chello.nl
-0-
Showing posts with label Harper's. Show all posts
Showing posts with label Harper's. Show all posts
Friday, June 11, 2010
Sunday, May 9, 2010
IMF & EU ARE MONEY MAKING MURDERERS
"A great industrial nation is controlled by it's system of credit. Our system of credit is concentrated in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated governments in the world - no longer a government of free opinion, no longer a government by conviction and vote of the majority, but a government by the opinion and duress of small groups of dominant men." — President Woodrow Wilson*
Henk Ruyssenaars
"The best slaves are those who think they are free." - Goethe
May 9th 2010 - The so-called 'leaders' of the Eurozone countries - apart from shoving 110 billion euro in the direction of the corrupt politicians and banks in Greece - have also decided that their 'ministers of finance' should find a pretext to steal more billions of the European taxpayers. They followed the guidelines, and came up with an 'emergency fund' of 70 billion euros.
They'll call it 'stabilisation plan' and explain the theft 'because it's to avoid monetary problems.' But it's just stolen again! And none of the 495 million people in the 27 EU countries could ever vote for this. Or anything else for that matter. The bankgangsters in Brussels decide how many billions more will be stolen from the taxpayers. That's it!
Also Greece will now be slowly strangled by the IMF and its financiers, who run the whole usury-scheme since ages. The debts and bills are as always for the starving and suffering, while the profits in the billions will go to the already wealty and their vile collaborators.*
This is for instance one of many things the International Monetary Fund, IMF, stands for: "In september 1973 the democratically elected Chilean president Salvador Allende is overthrown. Under Allende, the World Bank and IMF refused to supply loans to Chile. After the putsch, loans were made available to dictator Augusto Pinochet..."
I've seen it with my own eyes, the hungry people. And many times met President Allende who was suicided by Kissinger's CIA. The armed killers working for the banking cartel. I worked as an independent correspondent in Chile during those years and I saw people die because of this. In the beginning I'd visit the poor quarters, the poblaciones, and at one time, seeing the big pot of soup in a corner, I asked: "if they were expecting friends for dinner?" I only asked it once, and the answer I still remember: "No," it was said, "this is our food for this week."
That's what they do to people, this disgusting 'International Murderers Fund' as it's called, in all countries where the IMF garrote is used. Austerity for the people and the wealth to the bank-mafia*
IMF? THE HUNGRY ARE FURIOUS!
It's the same in Greece: "The hungry are furious. 5 million people live in the area of Athens and Piraeus, and out of them about two million are on the border of poverty," says in its leading article web portal zougla.gr."*
On the site of 'Athens News' there was this question concerning the IMF: "How could an organisation that is theoretically owned by its members - most United Nations members are party to it - become so unpopular and feared?
The fear is based on the historical performance of the IMF, which in the past has offered aid to a host of dictatorial regimes, including Apartheid South Africa, Pinochet’s Chile, Mengistu’s Ethiopia, and Marcos’ Philippines. This, its critics argue, shows that the organisation has little regard for human rights or the social costs of its restructuring policies.
Controlled by...
Its critics also contend that it is effectively controlled by the West. Just as the president of the World Bank (which is headquartered across the road from the IMF in Washington DC) has always been an American, the IMF is headed by a European. [ ] This consensus supports the view that “all state enterprises should be privatised” and that no barriers should exist to the involvement of foreign firms in national economies." - [end excerpt] - 'Athens News' & IMF - What's in a Name?*
The fact that everywhere in the so-called 'European Union' - which is part and parcel of the IMF, World Bank and BIS' money making murderers financial usury-system - also ATM's and banks are attacked shows that most people know who is behind their impoverishment. Who the financiers are that have absolutely no regard for human rights or the social costs of its restructuring policies. Who never cares about millions of starving and dying human beings everywhere.
That's why for instance banks are splattered with red paint, looking like blood, and a bomb exploded at the offices of JPMorgan Chase in Athens. No injuries were reported, and damage was relatively minor. The blast occurred in an upscale area of central Athens, following a warning call to a local newspaper. No group has claimed responsibility, but banks and foreign firms are frequent targets of leftists in Greece." - Athens News*
JP Morgan and some other banks 'helped' for years the corrupt collaborators in Greece to bleed the country. JP Morgan even used their 'Abacus' computer programme to bet against it's own fraud. Now JP Morgan is investigated because of their fraud. Nobody should expect anything, however. The banksters own nearly all. Globally! All concentrated in the BIS...
And the Greeks are the guilty? No way!
The banks, the IMF and World Bank do this to Greece, which I have visited since 1960. I have friends there, who á la minute can give the latest information. So I know what's true or not, based on facts from the greek and my own point of view.
Quote Financial Times (UK) concerning Greece's prime minister Mr Papandreou: "I know we’ll be judged on whether we can smash the bureaucracy and corruption that deter foreign investors and high-quality business and leave the country open to plunderers,” the prime minister said." - [end excerpt] - FT Url.: http://www.ft.com/cms/s/0/9be5a598-592e-11df-adc3-00144feab49a.html
This Papandreou, and all who used nice words but secretly siphoned of billions, must be punished. They sold for instance the greek national airline Olympic to the Rockefellers' Marfin Bank everybody can see when entering a plane, also the profits of the greek national lottery, and bought as usual as much as they could for a dime on a dollar, or less.
And don't try to sell that false song again, about 'ratings' and triple A's. Even if the EU plans to have their own 'rating agency': it will be as rotten and corrupt within the BIS mafia, as those described. It's globally one big usury-system. UC?
RATINGS ARE FAKES
Moody's Investors Service, S & P and Fitch: ALL belong to the criminal financial cartel. Moody's is bad too: they all sold their 'ratings' for cash. In the U.S. news service McClatchy even had a very informative article about this global swindle: "How Moody's sold its ratings - and sold out investors." - Url.: http://www.mcclatchydc.com/227/story/77244.html
Quote: "Wall Street paid as much as $1 million for some ratings, and ratings agency profits soared. This new revenue stream swamped earnings from ordinary ratings.
In 2001, Moody's had revenues of $800.7 million; in 2005, they were up to $1.73 billion; and in 2006, $2.037 billion. The exploding profits were fees from packaging . . . and for granting the top-class AAA ratings, which were supposed to mean they were as safe as U.S. government securities," said Lawrence McDonald in his recent book, "A Colossal Failure of Common Sense." - McDonald's Web site. - Url.: http://www.lawrencegmcdonald.com/
Standard & Poor's - run by Deven Sharma, who is called 'president' - is owned by the McGraw Hill company, residing snugly in the New Yorker Rockefeller Center building. The connection is clear, isn't it? - Source: Wikipedia - Url.: http://en.wikipedia.org/wiki/McGraw-Hill
And of course also Fitch credit 'rating' agency followed the swindle money, and for instance downgraded Iceland's economy, just like the international usury banks wanted them to. So much for those 'rating agencies' which also are owned by the banksters from the criminal cartel.
The by those BIS-criminals also funded and started so called 'European Union' is just used to shuffle more billions into the coffers of the criminal BIS banking cartel. And the treacherous 'ministers of finance' shut up, because they and their collaborators all know about the usury-system. But those moral and mental cowards and killers have sold out the populaces in most countries. To enrich themselves too. Inhuman and thus punishable as soon as law is valid again.
We're nearly all victims of this global usury-system, surrounded by the permanently stealing criminal psychopathic banksters BIS-mafia. The Shylock-usurers who have betrayed human beings for such a long time.
Like they do everywhere: again and again.
We've got to stop the usurers.
Otherwise: who's next?
UC?
Henk Ruyssenaars
Weblog - Url.: http://forpressfound.livejournal.com/
And if you check the links, you'll know why the world over people want and deserve revenge. Revenge from the IMF, the World Bank, the rest of this usury-mafia, and especially the criminal collaborators in their propaganda media too. And, why the people will get it...
* CRIMINAL BANKING CARTEL DESTROYED GREEK ECONOMY - Url.: forpressfound.livejournal.com/31977.html
* The 'investigations' - New York Times - In Greece’s Crisis, Fed Studies Wall St.’s Activities - Url.: http://tinyurl.com/yho82at
* Greece - Marfin Bank: "An employee of the burnt bank speaks out on the tragic deaths in Athens." – Url.: http://tinyurl.com/25p82t9
* Breaking News: Bomb Explodes Outside of JP Morgan (NYSE:JPM) Athens Office + related info. - Url.: http://www.youtube.com/watch?v=rU_umW_8lc8&feature=related
* Who's financing all the 'crisis'? - The private banks of the 'Federal Reserve' and it's usurers at Rothschild's BIS in Switzerland, they commit the absolute biggest crime against all humanity ever. - Url.: http://www.apfn.org/apfn/reserve.htm
* Isn't the saying: They who hold the gold, hold the power? - Have a look at what's called 'Rothschild's London Gold price fixing.' - Url.: http://goldinfo.net/londongoldfix.html
* Quotes concerning the murderous money makers - Url.: http://tinyurl.com/2ka2xv
* IMF - Any thinking, decent person, would stay away from it. Athens News: "What’s behind the name?" - Url.: http://www.athensnews.gr/articles/13388/02/05/2010/27297
* More steling and extorting: Wikipedia - Tax rates around the world - Url.: http://en.wikipedia.org/wiki/Tax_rates_around_the_world
* BIS: THE MOST POWERFUL BANK YOU'VE NEVER HEARD OF - Url.: http://forpressfound.livejournal.com/38790.html
* Another story of the BIS, and those murdering money men. - Harper's: "Ruling The World of Money." - November 1983 - by Edward Jay EpsteinUrl.: http://www.edwardjayepstein.com/archived/moneyclub.htm
* Once he found out about this global heist of humanity by the BIS-bandits, Epstein wrote a lot more about it. - Google search: Web Results 1 - 10 of about 839 for "Edward Jay Epstein" +BIS - Url.: http://tinyurl.com/yaroet6
* A very good story: Lawyer and economist Ellen Brown - Web of Debt - about the BIS - Url.: http://tinyurl.com/ygjd2qn
* Take your pick and make up your own mind. Google search: Web Results for HR +"Bank for International Settlements" - Url.: http://tinyurl.com/ydrczzm
* List of 'Central Banks' and countries belonging and run by the BIS in Basel, Switzerland. - Probably your so called 'central bank' is there too. - Url.: http://www.bis.org/cbanks.htm
* The psychopathic BIS humanoids. - ''Beyond Insanity'' - Amos M. Gunsberg - Url.: http://www.serendipity.li/bush/beyond_insanity.htm
* G-20 - Countries and aim. - Source: Wikipedia - Url.: http://en.wikipedia.org/wiki/G-20_major_economies
* Rothschild's BIS is the 'Central Bank' to 55 country's 'central banks.' - Source: August Review - Url.: http://www.augustreview.com/index.php?option=com_content&task=view&id=7&Itemid=4
* BIS: "An Unbridled Monster - The global monetary system." - Url.: http://tinyurl.com/kk86q7
* Concerning 'Gold dollars': "Rothschild's Central Banks Gold War" - Url.: http://tinyurl.com/lohekf
* Your future money: Amero or Eurodollar in Gold? - Url.: http://tinyurl.com/yzq5bed
* Much of the wealth is since centuries made by 'The City' of London, which is the Rothschild empire's State within a state. This is the lair of the predators of the monetary control. It's here where they control and manipulate food, transport, fuel and whatever prices. - Url.: http://tinyurl.com/2zj7wl
* "Government Sachs" and why financial criminals walk free - Url.: http://fpfcaresse5.blogspot.com/2009/11/government-sachs-and-why-financial.html
* BIS Annual usury report: one world currency... - Url.: http://disc.yourwebapps.com/discussion.cgi?id=234999;article=2610;search_term=Ruyssenaars
* Slave, who's faking your money? - Url.: http://disc.yourwebapps.com/discussion.cgi?id=234999;article=2590;search_term=Ruyssenaars
* The Fed 'lost' another $9 Trillion! - Url.: http://disc.yourwebapps.com/discussion.cgi?id=234999;article=2471;search_term=Ruyssenaars
* US: Private Fed banks get total monetary control! - Url.: http://disc.yourwebapps.com/discussion.cgi?disc=234999;article=2591;title=APFN%20MESSAGE%20BOARD
* The Lords of Hunger and Depopulation - Web Results for Kissinger +depopulation. - Url.: http://tinyurl.com/yh8begy
* Obama/ Soetoro - Or whatever his name is: Hey! Look! The CIA 'emperor' has no clothes! - Url.: http://tinyurl.com/o55tpv
FOREIGN PRESS FOUNDATION
Editor: Henk Ruyssenaars
http://tinyurl.com/2wegpc
The Netherlands
fpf@chello.nl
-0-
Tags: basel, bis, greece, harper's, money, rothschild, washington post, goethe, JP Morgan, usury, ECB, ATMs
Henk Ruyssenaars
"The best slaves are those who think they are free." - Goethe
May 9th 2010 - The so-called 'leaders' of the Eurozone countries - apart from shoving 110 billion euro in the direction of the corrupt politicians and banks in Greece - have also decided that their 'ministers of finance' should find a pretext to steal more billions of the European taxpayers. They followed the guidelines, and came up with an 'emergency fund' of 70 billion euros.
They'll call it 'stabilisation plan' and explain the theft 'because it's to avoid monetary problems.' But it's just stolen again! And none of the 495 million people in the 27 EU countries could ever vote for this. Or anything else for that matter. The bankgangsters in Brussels decide how many billions more will be stolen from the taxpayers. That's it!
Also Greece will now be slowly strangled by the IMF and its financiers, who run the whole usury-scheme since ages. The debts and bills are as always for the starving and suffering, while the profits in the billions will go to the already wealty and their vile collaborators.*
This is for instance one of many things the International Monetary Fund, IMF, stands for: "In september 1973 the democratically elected Chilean president Salvador Allende is overthrown. Under Allende, the World Bank and IMF refused to supply loans to Chile. After the putsch, loans were made available to dictator Augusto Pinochet..."
I've seen it with my own eyes, the hungry people. And many times met President Allende who was suicided by Kissinger's CIA. The armed killers working for the banking cartel. I worked as an independent correspondent in Chile during those years and I saw people die because of this. In the beginning I'd visit the poor quarters, the poblaciones, and at one time, seeing the big pot of soup in a corner, I asked: "if they were expecting friends for dinner?" I only asked it once, and the answer I still remember: "No," it was said, "this is our food for this week."
That's what they do to people, this disgusting 'International Murderers Fund' as it's called, in all countries where the IMF garrote is used. Austerity for the people and the wealth to the bank-mafia*
IMF? THE HUNGRY ARE FURIOUS!
It's the same in Greece: "The hungry are furious. 5 million people live in the area of Athens and Piraeus, and out of them about two million are on the border of poverty," says in its leading article web portal zougla.gr."*
On the site of 'Athens News' there was this question concerning the IMF: "How could an organisation that is theoretically owned by its members - most United Nations members are party to it - become so unpopular and feared?
The fear is based on the historical performance of the IMF, which in the past has offered aid to a host of dictatorial regimes, including Apartheid South Africa, Pinochet’s Chile, Mengistu’s Ethiopia, and Marcos’ Philippines. This, its critics argue, shows that the organisation has little regard for human rights or the social costs of its restructuring policies.
Controlled by...
Its critics also contend that it is effectively controlled by the West. Just as the president of the World Bank (which is headquartered across the road from the IMF in Washington DC) has always been an American, the IMF is headed by a European. [ ] This consensus supports the view that “all state enterprises should be privatised” and that no barriers should exist to the involvement of foreign firms in national economies." - [end excerpt] - 'Athens News' & IMF - What's in a Name?*
The fact that everywhere in the so-called 'European Union' - which is part and parcel of the IMF, World Bank and BIS' money making murderers financial usury-system - also ATM's and banks are attacked shows that most people know who is behind their impoverishment. Who the financiers are that have absolutely no regard for human rights or the social costs of its restructuring policies. Who never cares about millions of starving and dying human beings everywhere.
That's why for instance banks are splattered with red paint, looking like blood, and a bomb exploded at the offices of JPMorgan Chase in Athens. No injuries were reported, and damage was relatively minor. The blast occurred in an upscale area of central Athens, following a warning call to a local newspaper. No group has claimed responsibility, but banks and foreign firms are frequent targets of leftists in Greece." - Athens News*
JP Morgan and some other banks 'helped' for years the corrupt collaborators in Greece to bleed the country. JP Morgan even used their 'Abacus' computer programme to bet against it's own fraud. Now JP Morgan is investigated because of their fraud. Nobody should expect anything, however. The banksters own nearly all. Globally! All concentrated in the BIS...
And the Greeks are the guilty? No way!
The banks, the IMF and World Bank do this to Greece, which I have visited since 1960. I have friends there, who á la minute can give the latest information. So I know what's true or not, based on facts from the greek and my own point of view.
Quote Financial Times (UK) concerning Greece's prime minister Mr Papandreou: "I know we’ll be judged on whether we can smash the bureaucracy and corruption that deter foreign investors and high-quality business and leave the country open to plunderers,” the prime minister said." - [end excerpt] - FT Url.: http://www.ft.com/cms/s/0/9be5a598-592e-11df-adc3-00144feab49a.html
This Papandreou, and all who used nice words but secretly siphoned of billions, must be punished. They sold for instance the greek national airline Olympic to the Rockefellers' Marfin Bank everybody can see when entering a plane, also the profits of the greek national lottery, and bought as usual as much as they could for a dime on a dollar, or less.
And don't try to sell that false song again, about 'ratings' and triple A's. Even if the EU plans to have their own 'rating agency': it will be as rotten and corrupt within the BIS mafia, as those described. It's globally one big usury-system. UC?
RATINGS ARE FAKES
Moody's Investors Service, S & P and Fitch: ALL belong to the criminal financial cartel. Moody's is bad too: they all sold their 'ratings' for cash. In the U.S. news service McClatchy even had a very informative article about this global swindle: "How Moody's sold its ratings - and sold out investors." - Url.: http://www.mcclatchydc.com/227/story/77244.html
Quote: "Wall Street paid as much as $1 million for some ratings, and ratings agency profits soared. This new revenue stream swamped earnings from ordinary ratings.
In 2001, Moody's had revenues of $800.7 million; in 2005, they were up to $1.73 billion; and in 2006, $2.037 billion. The exploding profits were fees from packaging . . . and for granting the top-class AAA ratings, which were supposed to mean they were as safe as U.S. government securities," said Lawrence McDonald in his recent book, "A Colossal Failure of Common Sense." - McDonald's Web site. - Url.: http://www.lawrencegmcdonald.com/
Standard & Poor's - run by Deven Sharma, who is called 'president' - is owned by the McGraw Hill company, residing snugly in the New Yorker Rockefeller Center building. The connection is clear, isn't it? - Source: Wikipedia - Url.: http://en.wikipedia.org/wiki/McGraw-Hill
And of course also Fitch credit 'rating' agency followed the swindle money, and for instance downgraded Iceland's economy, just like the international usury banks wanted them to. So much for those 'rating agencies' which also are owned by the banksters from the criminal cartel.
The by those BIS-criminals also funded and started so called 'European Union' is just used to shuffle more billions into the coffers of the criminal BIS banking cartel. And the treacherous 'ministers of finance' shut up, because they and their collaborators all know about the usury-system. But those moral and mental cowards and killers have sold out the populaces in most countries. To enrich themselves too. Inhuman and thus punishable as soon as law is valid again.
We're nearly all victims of this global usury-system, surrounded by the permanently stealing criminal psychopathic banksters BIS-mafia. The Shylock-usurers who have betrayed human beings for such a long time.
Like they do everywhere: again and again.
We've got to stop the usurers.
Otherwise: who's next?
UC?
Henk Ruyssenaars
Weblog - Url.: http://forpressfound.livejournal.com/
And if you check the links, you'll know why the world over people want and deserve revenge. Revenge from the IMF, the World Bank, the rest of this usury-mafia, and especially the criminal collaborators in their propaganda media too. And, why the people will get it...
* CRIMINAL BANKING CARTEL DESTROYED GREEK ECONOMY - Url.: forpressfound.livejournal.com/31977.html
* The 'investigations' - New York Times - In Greece’s Crisis, Fed Studies Wall St.’s Activities - Url.: http://tinyurl.com/yho82at
* Greece - Marfin Bank: "An employee of the burnt bank speaks out on the tragic deaths in Athens." – Url.: http://tinyurl.com/25p82t9
* Breaking News: Bomb Explodes Outside of JP Morgan (NYSE:JPM) Athens Office + related info. - Url.: http://www.youtube.com/watch?v=rU_umW_8lc8&feature=related
* Who's financing all the 'crisis'? - The private banks of the 'Federal Reserve' and it's usurers at Rothschild's BIS in Switzerland, they commit the absolute biggest crime against all humanity ever. - Url.: http://www.apfn.org/apfn/reserve.htm
* Isn't the saying: They who hold the gold, hold the power? - Have a look at what's called 'Rothschild's London Gold price fixing.' - Url.: http://goldinfo.net/londongoldfix.html
* Quotes concerning the murderous money makers - Url.: http://tinyurl.com/2ka2xv
* IMF - Any thinking, decent person, would stay away from it. Athens News: "What’s behind the name?" - Url.: http://www.athensnews.gr/articles/13388/02/05/2010/27297
* More steling and extorting: Wikipedia - Tax rates around the world - Url.: http://en.wikipedia.org/wiki/Tax_rates_around_the_world
* BIS: THE MOST POWERFUL BANK YOU'VE NEVER HEARD OF - Url.: http://forpressfound.livejournal.com/38790.html
* Another story of the BIS, and those murdering money men. - Harper's: "Ruling The World of Money." - November 1983 - by Edward Jay EpsteinUrl.: http://www.edwardjayepstein.com/archived/moneyclub.htm
* Once he found out about this global heist of humanity by the BIS-bandits, Epstein wrote a lot more about it. - Google search: Web Results 1 - 10 of about 839 for "Edward Jay Epstein" +BIS - Url.: http://tinyurl.com/yaroet6
* A very good story: Lawyer and economist Ellen Brown - Web of Debt - about the BIS - Url.: http://tinyurl.com/ygjd2qn
* Take your pick and make up your own mind. Google search: Web Results for HR +"Bank for International Settlements" - Url.: http://tinyurl.com/ydrczzm
* List of 'Central Banks' and countries belonging and run by the BIS in Basel, Switzerland. - Probably your so called 'central bank' is there too. - Url.: http://www.bis.org/cbanks.htm
* The psychopathic BIS humanoids. - ''Beyond Insanity'' - Amos M. Gunsberg - Url.: http://www.serendipity.li/bush/beyond_insanity.htm
* G-20 - Countries and aim. - Source: Wikipedia - Url.: http://en.wikipedia.org/wiki/G-20_major_economies
* Rothschild's BIS is the 'Central Bank' to 55 country's 'central banks.' - Source: August Review - Url.: http://www.augustreview.com/index.php?option=com_content&task=view&id=7&Itemid=4
* BIS: "An Unbridled Monster - The global monetary system." - Url.: http://tinyurl.com/kk86q7
* Concerning 'Gold dollars': "Rothschild's Central Banks Gold War" - Url.: http://tinyurl.com/lohekf
* Your future money: Amero or Eurodollar in Gold? - Url.: http://tinyurl.com/yzq5bed
* Much of the wealth is since centuries made by 'The City' of London, which is the Rothschild empire's State within a state. This is the lair of the predators of the monetary control. It's here where they control and manipulate food, transport, fuel and whatever prices. - Url.: http://tinyurl.com/2zj7wl
* "Government Sachs" and why financial criminals walk free - Url.: http://fpfcaresse5.blogspot.com/2009/11/government-sachs-and-why-financial.html
* BIS Annual usury report: one world currency... - Url.: http://disc.yourwebapps.com/discussion.cgi?id=234999;article=2610;search_term=Ruyssenaars
* Slave, who's faking your money? - Url.: http://disc.yourwebapps.com/discussion.cgi?id=234999;article=2590;search_term=Ruyssenaars
* The Fed 'lost' another $9 Trillion! - Url.: http://disc.yourwebapps.com/discussion.cgi?id=234999;article=2471;search_term=Ruyssenaars
* US: Private Fed banks get total monetary control! - Url.: http://disc.yourwebapps.com/discussion.cgi?disc=234999;article=2591;title=APFN%20MESSAGE%20BOARD
* The Lords of Hunger and Depopulation - Web Results for Kissinger +depopulation. - Url.: http://tinyurl.com/yh8begy
* Obama/ Soetoro - Or whatever his name is: Hey! Look! The CIA 'emperor' has no clothes! - Url.: http://tinyurl.com/o55tpv
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Editor: Henk Ruyssenaars
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Tags: basel, bis, greece, harper's, money, rothschild, washington post, goethe, JP Morgan, usury, ECB, ATMs
Monday, April 12, 2010
ROTHSCHILD'S BANKERS: 'RULING THE WORLD OF MONEY'
They steal from you! All the so-called 'bail-outs' - whether it's countries, like Greece now, or banks: it's all by criminal bankers stolen billions or trillions, and the tax payer always gets the bill. It's the same old story and centuries old slogan: You keep'm stupid, and I'll keep'm poor...
Henk Ruyssenaars
April 12th 2010 - It really is, as described in the Harper's article below: "the most exclusive, secretive, and powerful supranational club in the world." And they run the world's monetary flow, while people - everywhere on earth - in general are told nothing about its existence. And 99.9% of humanity is its victim.
Those are the 'dark forces' at work, the so-called 'invisable hand' of the global market. And those who rule the world of money also decide what your 'money' is worth. Wether it's China's yuan, the Euros, the US dollar or whatever kind of money' they themselves print out of nothing. But we all pay the usury interest on this 'fiat money.' That's how the criminals have been doing this worldwide scam for centuries.
Look for instance what 'they' do nowadays, because this is for instance again how the criminal banking cartel wants to destroy the greek economy. Have a look at this item about it first, and then you'll understand. Especially if one follows and understands the links. It really is easy to connect the dots, once one knows where they are. - Url.: forpressfound.livejournal.com/31977.html
Apart from that, I happened to find a november 1983 article in Harper's Magazine, written by Edward Jay Epstein, and it gives one of the few glimpses behind the curtains of this global heist. As one of many who warned humanity for this cartel, the former British Prime Minister of England during the late 1800s, Benjamin D'Israeli, wrote in his book 'Coningsby':
"So you see... the world is governed by very different personages from what is imagined by those who are not behind the scenes."
D'Israeli knew, like many: it's all smoke and mirrors which one has to see through if one wants to stay alive and fight them.
A Washington Post article by John M. Berry, was published June 28, 1998 - 15 years later, showing how seldom something is published about this usury bank - and used part of the Harper's article too.
So I wrote about it last year: "If you think that the so called 'Ministry of Finance' or similar in your country decides what the 'money' in your wallet - eventually on your bank-account - or the currency in your country is worth: forget it. What value the coins and notes in your wallet represent is since many decades decided by the directors and collaborators of the Rothschild usury empire, the Bank for International Settlements, the BIS, in Basel, Switzerland. That's where 'Central Bank' directors from many countries get their marching orders.
Rothschild's 'Bank for International Settlements' - the BIS in Basel, Switzerland - is our global 'Department of Finances' and the unbridled monetary monster we're confronted with. A monster that has ridden us without most of us knowing about it or understanding it.
Apparently this has been going on for ages, and an overwhelming majority of humanity must be seen as victims of this usury system.
US: "THE BANKS OWN CONGRESS."
We should never forget what also Sen. Dick Durbin (D-Ill.) told Chicago radio station WJJG: "And the banks - hard to believe in a time when we're facing a banking crisis that many of the banks created - are still the most powerful lobby on Capitol Hill. AND THEY FRANKLY OWN THE PLACE." - [end quote] - So much for the bought, bribed and bullied 'lawmakers' - Source: 2009 Newsmax - Url.: http://tinyurl.com/yfehavw
How the BIS in reality works, as a monetary and global octopus, strangling too many, was in a very rare article about this global 'department of finances' - hidden between the Alps - described by The Washington Post: "Key Players Control World Money Supply" they wrote. The Washington Post writer apparently had read the Harper's article too... But: that's what this BIS stands for, those crooks are The Money Masters! - Url.: http://tinyurl.com/yhs89p2
These criminals really are the fraudulent and criminal 'key players' controlling the world's money flow. Anyhow, this is what Epstein in 1983 - and mind you, that's at present, in 2010, twenty-seven years ago - wrote for Harper's, concerning this global system of usury, Rothschild's "Bank for International Settlements" aka BIS, in Basel, Switzerland. Epstein omits of course a lot, but one gets a general idea to what criminal cartel the financial fist in the global glove belongs, and who's making most of us on earth a victim of their usury:
"RULING THE WORLD OF MONEY"
By Edward Jay Epstein
Harper's, November 1983 - Ten times a year — once a month, except in August and October — a small elite of well dressed men arrives in Basel, Switzerland. Carrying overnight bags and attaché cases, they discreetly check into the Euler Hotel, across from the railroad station. They have come to this sleepy city from places as disparate as Tokyo, London, and Washington, D.C., for the regular meeting of the most exclusive, secretive, and powerful supranational club in the world.
Each of the dozen or so visiting members has his own office at the club, with secure telephone lines to his home country. The members 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 and an ultramodern computer, as well as a secluded country club with tennis courts and a swimming pool, a few kilometers outside Basel.
The membership of this club is restricted to a handful of powerful men who determine daily the interest rate, the availability of credit, and the money supply of the banks in their own countries. They include the governors of the U.S. Federal Reserve, the Bank of England, the Bank of Japan, the Swiss National Bank, and the German Bundesbank. The club controls a bank with a $40 billion kitty in cash, government securities, and gold that constitutes about one tenth of the world's available foreign exchange. - [Remember: this is 1983 - HR]
The profits earned just from renting out its hoard of gold (second only to that of Fort Knox in value) are more than sufficient to pay for the expenses of the entire organization. And the unabashed purpose of its elite monthly meetings is to coordinate and, if possible, to control all monetary activities in the industrialized world. The place where this club meets in Basel is a unique financial institution called the Bank for International Settlements - or more simply, and appropriately, the BIS (pronounced "biz" in German).
The BIS was originally established in May 1930 by bankers and diplomats of Europe and the United States, to collect and disburse Germany's World War I reparation payments (hence its name). It was truly an extraordinary arrangement. Although the BIS was organized as a commercial bank with publicly held shares, its immunity from government interference, and even taxation, in both peace and war was guaranteed by an international treaty signed in The Hague in 1930. Although all its depositors are central banks, the BIS has made a profit on every transaction. And because it has been highly profitable, it has required no subsidy or aid from any government.
Since it also provided, in Basel, a safe and convenient repository for the gold holdings of the European central banks, it quickly evolved into the bank for central banks. As the world depression deepened in the Thirties, and financial panics flared up in Austria, Hungary, Yugoslavia, and Germany, the governors in charge of the key central banks feared that the entire global financial system would collapse unless they could closely coordinate their rescue efforts. The obvious meeting spot for this desperately needed coordination was the BIS, where they regularly went anyway to arrange gold swaps and war-damage settlements.
Even though an isolationist Congress officially refused to allow the U.S. Federal Reserve [private bank owners, like Rothschild nad Rockefeller - HR] to participate in the BIS, or to accept shares in it (which were instead held in trust by the First National City Bank), the chairman of the Fed quietly slipped over to Basel for important meetings. World monetary policy was evidently too important to leave to national politicians.
During World War 11, when the nations, if not their central banks, were belligerents, the BIS continued operating in Basel, though the monthly meetings were temporarily suspended. In 1944, following Czech accusations that the BIS was laundering gold that the Nazis had stolen from occupied Europe, the American government backed a resolution at the Bretton Woods Conference calling for the liquidation of the BIS. The naive idea was that the settlement and monetary-clearing functions it provided, could be taken over by the new International Monetary Fund.
[The IMF is subservient to the BIS too. Like the so-called 'World Bank' - HR]
BIS: 'BEHIND THE MASK'
What could not be replaced, however, was what existed behind the mask of an international clearing house:
a supranational organization for setting and implementing global monetary strategy, which could not be accomplished by a democratic, United Nations-like international agency.
The central bankers, not about to let their club be taken from them, quietly snuffed out the American resolution.
After World War 11, the BIS reemerged as the main clearing house for European currencies and, behind the scenes, the favored meeting place of central bankers. When the dollar came under attack in the 1960s, massive swaps of money and gold were arranged at the BIS for the defense of the American currency. It was undeniably ironic that, as the president of the BIS observed, "the United States, which had wanted to kill the BIS, suddenly finds it indispensable." In any case, the Fed has become a leading member of the club, with either Chairman Paul Volcker or Governor Henry Wallich attending every "Basel weekend."
ANONYMITY: 'NO SIGN OVER THE DOOR IDENTIFYING THE BIS'
Originally, the central bankers sought complete anonymity for their activities. Their headquarters were in an abandoned six story hotel, the Grand et Savoy Hotel Universe, with an annex above the adjacent Frey's Chocolate Shop. There purposely was no sign over the door identifying the BIS, so visiting central bankers and gold dealers used Frey's, which is across the street from the railroad station, as a convenient landmark. It was in the wood-paneled rooms above the shop and the hotel that decisions were reached to devalue or defend currencies, to fix the price of gold, to regulate offshore banking, and to raise or lower short-term interest rates.
And though they shaped "a new world economic order" through these deliberations, according to Guido Carli, the governor of the Italian central bank,, the public, even in Basel, remained almost totally unaware of the club and its activities.
In May 1977, however, the BIS gave up its anonymity, against the better judgment of some of its members, in exchange for more efficient headquarters. The new building, an eighteen story-high circular skyscraper that rises over the medieval city like some misplaced nuclear reactor, quickly became known as the "Tower of Basel" and began attracting attention from tourists. "That was the last thing we wanted," Dr. Fritz Leutwiler, its president told me, when I interviewed him in 1983. "If it had been up to me, it never would have been built." While we talked, he kept his eyes glued to the Reuters screen in his office, which signaled currency fluctuations around the globe.
Despite its irksome visibility, the new headquarters does have the advantages of luxurious space and Swiss efficiency. The building is completely air-conditioned and self-contained, with its own nuclear-bomb shelter in the sub-basement, a triply redundant fire-extinguishing system (so outside firemen never have to be called in), a private hospital, and some twenty miles of subterranean archives. "We try to provide a complete clubhouse for central bankers ... a home away from home," said Gunther Schleiminger, the supercompetent general manager, as he arranged a rare tour of the headquarters for me
The top floor, with a panoramic view of three countries, Germany, France, and Switzerland, is a deluxe restaurant, used only to serve the members a buffet dinner when they arrive on Sunday evenings to begin the "Basel weekends." Aside from those ten occasions, this floor remains ghostly empty.
On the floor below, Schleiminger and his small staff sit in spacious offices, administering the day-today details of the BIS and monitoring activities on lower floors as if they were running an out-of-season hotel.
The Money Club (part 2)
The next three floors down are suites of offices reserved for the central bankers. All are decorated in three colors — beige, brown, and tan — and each has a similar modernistic lithograph over the desk. Each office also has coded speed-dial telephones that at a push of a button directly connect the club members to their offices in their central banks back home. The completely deserted corridors and empty offices, with nameplates on the doors and freshly sharpened pencils in cups and neat stacks of incoming papers on the desks, are again reminiscent of a ghost town. When the members arrive for their forthcoming meeting in November, there will be a remarkable transformation, according to Schleiminger, with multilingual receptionists and secretaries at every desk, and constant meetings and briefings.
On the lower floors are the BIS computer, which is directly linked to the computers of the member central banks and provides instantaneous access to data about the global monetary situation, and the actual bank, where eighteen traders, mainly from England and Switzerland, continually roll over short" term loans on the Eurodollar markets and guard against foreign-exchange losses (by simultaneously selling the currency in which the loan is due). On yet another floor, gold traders are constantly on the telephone arranging loans of the bank's gold to international arbitragers, thus allowing central banks to make interest on gold deposits.
Occasionally there is an extraordinary situation, such as the decision to sell gold for the Soviet Union, which requires a decision from the "governors," as the BIS staff calls the central bankers. But most of the banking is routine, computerized, and riskless. Indeed, the BIS is prohibited by its statutes from making anything but short-term loans. Most are for thirty days or less that are government guaranteed or backed with gold deposited at the BIS. The profits the BIS receives for essentially turning over the billions of dollars deposited by the central banks amounted to $162 million last year.
As skilled as the BIS may be at all this, the central banks themselves have highly competent staffs capable of investing their deposits. The German Bundesbank, for example, has a superb international trading department and 15,000 employees — at least twenty times as many as the BIS staff. Why then do the Bundesbank and the other central banks transfer some $40 billion of deposits to the BIS and thereby permit it to make such a profit?
"THE CLOAK OF THE BIS"
One answer is of course secrecy. By commingling ['mix' or 'blend' - HR] part of their reserves in what amounts to a gigantic mutual fund of short term investments, the central banks created a convenient screen behind which they can hide their own deposits and withdrawals in financial centers around the world. And the central banks are apparently willing to pay a high fee to use the cloak of the BIS.
There is, however, another reason why the central banks regularly transfer deposits to the BIS: they want to provide it with a large enough profit to support the other services it provides. Despite its name, the BIS is far more than a bank. From the outside, it seems to be a small, technical organization. Just eighty-six of its 298 employees are ranked as professional staff. But the BIS is not a monolithic institution: artfully concealed within the shell of an international bank, like a series of Chinese boxes one inside another, are the real groups and services the central bankers need - and pay to support.
The first box inside the bank is the board of directors, drawn from the eight European central banks (England, Switzerland, Germany, Italy, France, Belgium, Sweden, and the Netherlands), which meets on the Tuesday morning of each "Basel weekend." The board also meets twice a year in Basel with the central banks of other nations. It provides a formal apparatus for dealing with European governments and international bureaucracies like the IMF or the European Economic Community (the Common Market).
The board defines the rules and territories of the central banks with the goal of preventing governments from meddling in their purview. For example, a few years ago, when the Organization for Economic Cooperation and Development in Paris appointed a low-level committee to study the adequacy of bank reserves, the central bankers regarded it as poaching on their monetary turf and turned to the BIS board for assistance. The board then arranged for a high-level committee, under the head of Banking Supervision at the Bank of England, to preempt the issue. The OECD got the message and abandoned its effort.
To deal with the world at large, there is another Chinese box called the Group of Ten, or simply the "G-10." It actually has eleven full-time members, representing the eight European central banks, the U.S. Fed, the Bank of Canada, and the Bank of Japan. It also has one unofficial member: the governor of the Saudi Arabian Monetary Authority. This powerful group, which controls most of the transferable money in the world, meets for long sessions on the Monday afternoon of the "Basel weekend." It is here that broader policy issues, such as interest rates, money-supply growth, economic stimulation (or suppression), and currency rates are discussed - if not always resolved.
Directly under the G-10, and catering to all its special needs, is a small unit called the "Monetary and Economic Development Department," which is, in effect, its private think tank. The head of this unit, the Belgian economist Alexandre Larnfalussy, sits in on all the G-10 meetings, then assigns the appropriate research and analysis to the half dozen economists on his staff. This unit also produces the occasional blue-bound "economic papers" that provide central bankers from Singapore to Rio de Janeiro, even though they are not BIS members, with a convenient party line.
For example, a recent paper called "Rules versus Discretion: An Essay on Monetary Policy in an Inflationary Environment," politely defused the Milton Friedmanesque dogma and suggested a more pragmatic form of monetarism. And last May, just before the Williamsburg summit conference, the unit released a blue book on currency intervention by central banks that laid down the boundaries and circumstances for such actions. When there are internal disagreements, these blue books can express positions sharply contrary to those held by some BIS members, but generally they reflect a consensus of the G-10.
Over A bratwurst-and-beer lunch on the top floor of the Bundesbank, which is located in a huge concrete building (called "the bunker") outside of Frankfurt, Karl Otto Pohl, its president and a ranking governor of the BIS, complained to me in 1983 about the repetitiousness of the meetings during the "Basel weekend." "First, there is the meeting on the Gold Pool, then, after lunch, the same faces show up at the G-10, and the next day there is the board which excludes the U.S., Japan, and Canada, and the European Community meeting which excludes Sweden and Switzerland." He concluded: "They are long and strenuous-and they are not where the real business gets done." This occurs, as Pohl explained over our leisurely lunch, at still another level of the BIS: "a sort of inner club."
The Money Club (part 3)
The inner club is made up of the half dozen or so powerful central bankers who find themselves more or less in the same monetary boat: along with Pohl are Volcker and Wallich from the Fed, Leutwiler from the Swiss National Bank, Lamberto Dini of the Bank of Italy, Haruo Mayekawa of the Bank of Japan, and the retired governor of the Bank of England, Lord Gordon Richardson (who had presided over the G-10 meetings for the past ten years). They are all comfortable speaking English; indeed, Pohl recounted how he has found himself using English with Leutwiler, though both are of course native German-speakers.
And they all speak the same language when it comes to governments, having shared similar experiences. Pohl and Volcker were both under secretaries of their respective treasuries; they worked closely with each other, and with Lord Richardson, in the futile attempts to defend the dollar and the pound in the 1960s. Dini was at the IMF in Washington, dealing with many of the same problems. Pohl had worked closely with Leutwiler in neighboring Switzerland for two decades. "Some of us are very old friends," Pohl said. Far more important, these men all share the same set of well-articulated values 'about money. - [And absolutely NOT about human beings. They just don't count. NEVER! Only profit counts. The BIS humanoids are monetary psychopaths. - HR]
The prime value, which also seems to demarcate the inner club from the rest of the BIS members, is the firm belief that central banks should act independently of their home governments. This is an easy position for Leutwiler to hold, since the Swiss National Bank is privately owned (the only central bank that is not government owned) and completely autonomous. ("I don't think many people know the name of the president of Switzerland - even in Switzerland," Pohl joked, "but everyone in Europe has heard of Leutwiler.") Almost as independent is the Bundesbank; as its president, Pohl is not required to consult with government officials or to answer the questions of Parliament - even about such critical issues as raising interest rates. He even refuses to fly to Basel in a government plane, preferring instead to drive in his Mercedes limousine.
The Fed is only a shade less independent than the Bundesbank: Volcker is expected to make periodic visits to Congress and at least to take calls from the White House - but he need not follow their counsel. While in theory the Bank of Italy is under government control, in practice it is an elite institution that acts autonomously and often resists the government. (In 1979, its then governor, Paolo Baffi, was threatened with arrest, but the inner club, using unofficial channels, rallied to his support.)
Although the exact relationship between the Bank of Japan and the Japanese government purposely remains inscrutable, even to the BIS governors, its chairman, Mayekawa, at least espouses the principle of autonomy. Finally, though the Bank of England is under the thumb of the British government, Lord Richardson was accepted by the inner club because of his personal adherence to this defining principle. But his successor, Robin Leigh-Pemberton, lacking the years of business and personal contact, probably won't be admitted to the inner circle.
In any case, the line is drawn at the Bank of England. The Bank of France is seen as a puppet of the French government; to a lesser degree, the remaining European banks are also perceived by the inner club as extensions of their respective governments, and thus remain on the outside. [That was 1983! Now in 2010, the BIS 'owns' them. - HR]
A second and closely related belief of the inner club is that politicians should not be trusted to decide the fate of the international monetary system. When Leutwiler became president of the BIS in 1982, he insisted that no government official be allowed to visit during a "Basel weekend." He recalled that in 1968, U.S. Treasury undersecretary Fred Deming had been in Basel and stopped in at the bank. "When word got around that an American Treasury official was at the BIS," Leutwiler said, "bullion traders, speculating that the U.S. was about to sell its gold, began a panic in the market."
Except for the annual meeting in June (called "the Jamboree" by the staff ), when the ground floor of the BIS headquarters is open to official visitors, Leutwiler has tried to enforce his rule strictly. "To be frank," he said, "I have no use for politicians. They lack the judgment of central bankers." This effectively sums up the common antipathy of the inner club toward "government muddling," as Pohl puts it.
The inner-club members also share a strong preference for pragmatism and flexibility over any ideology, whether that of Lord Keynes or Milton Friedman. Rather than resorting to rhetoric and invoking principles, the inner club seeks any remedy that will relieve a crisis. For example, earlier this year, when Brazil failed to pay back on time a BIS loan that was guaranteed by the central banks, the inner club quietly decided to extend the deadline instead of collecting the money from the guarantors. "We are constantly engaged in a balancing act-without a safety net," Leutwiler explained.
THE FINAL and by far the most important belief of the inner club is the conviction that when the bell tolls for any single central bank, it tolls for them all. When Mexico faced bankruptcy in the early eighties. The issue for the inner club was not the welfare of that country but, as Dini put it, "the stability of the entire banking system."
For months Mexico had been borrowing overnight funds from the interbank market in New York - as every bank recognized by the Fed is permitted to do - to pay the interest on its $80 billion external debt. Each night it had to borrow more money to repay the interest on the previous night's transactions, and, according to Dini, by August Mexico had borrowed nearly one quarter of all the "Fed Funds," as these overnight loans between banks are called.
The Fed was caught in a dilemma: if it suddenly stepped in and forbade Mexico from further using the interbank market, Mexico would be unable to repay its enormous debt the next day, and 25 percent of the entire banking system's ready funds might be frozen. But if the Fed permitted Mexico to continue borrowing in New York, in a matter of months it would suck in most of the interbank funds, forcing the Fed to expand drastically the supply of money.
It was clearly an emergency for the inner club. After speaking to Miguel Mancera, director of the Banco de Mexico, Volcker immediately called Leutwiler, who was vacationing in the Swiss mountain village of Grison. Leutwiler realized that the entire system was confronted by a financial time bomb: even though the IMF was prepared to extend $4.5 billion to Mexico to relieve the pressure on its long-term debt, it would require months of paperwork to get approval for the loan. And Mexico needed an immediate 1.85 billion dollar loan to get out of the interbank market, which Mancera had agreed to do. But in less than forty eight hours, Leutwiler had called the members of the inner club and arranged the temporary bridging loan.
While this $1.85 billion appeared in the financial press to have come from the BIS, virtually all the funds came from the central banks in the inner club. Half came directly from the United States -$600 million from the Treasury's exchange-equalization fund and $325 million from the Fed's coffers; the remaining $925 million mainly from deposits of the Bundesbank, Swiss National Bank, Bank of England, Bank of Italy, and Bank of Japan, deposits that were specifically guaranteed by these central banks, though advanced pro forma by the BIS (with a token amount advanced by the BIS itself against the collateral of Mexican gold).
The BIS undertook virtually no risk in this rescue operation; it merely provided a convenient cloak for the inner club. Otherwise, its members, especially Volcker, would have had to take the political heat individually for what appeared to be the rescue of an underdeveloped country. In fact, they were true to their paramount values: rescuing the banking system itself.
Inner club members publicly pay lip service to the ideal of preserving the character of the BIS and not turning it into a lender of last resort for the world at large.
Privately, however, they will undoubtedly continue their maneuvers to protect the banking system at whatever point in the world it seems most vulnerable.
After all, it is ultimately the central banks' money at risk, not the BIS's.
And the inner club will also keep using the BIS as its public mask, and pay the requisite price for the disguise." -[end story]
Harper's story - Url.: http://www.edwardjayepstein.com/archived/moneyclub.htm
Once he found out about this global heist of humanity by the banksters, Epstein wrote a lot more about this. - Google search: Web Results 1 - 10 of about 839 for "Edward Jay Epstein" +BIS - Url.: http://tinyurl.com/yaroet6
Those financial usurers and criminals should all be in jail! - HR
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Concerning Rotschild's usury empire via the BIS, this is relevant:
* A very good story: Lawyer and economist Ellen Brown - Web of Debt - about the BIS - Url.: http://tinyurl.com/ygjd2qn
* Take your pick and make up your own mind. Google search: Web Results 1 - 10 of about 644 for HR +"Bank for International Settlements" - Url.: http://tinyurl.com/ydrczzm
* CRIMINAL BANKING CARTEL DESTROYED GREEK ECONOMY - Url.: forpressfound.livejournal.com/31977.html
* All Euro notes have a syllable before the number on the Euro note - The 'Y' stands for Greece [Ελλάδα - Ellada] - Source: Wikipedia - Url.: http:// en.wikipedia.org/wiki/Euro_banknotes
* Bilderbergers want global currency now - Url.: http://tinyurl.com/yljsb26
* The World Central Bank: The Bank for International Settlements - Address: The Tower of Basel - Centralbahnplatz 2, 4051, Basel, Switzerland - Url.: http://www.bilderberg.org/bis.htm
* List of 'Central Banks' and countries belonging and run by the BIS in Basel, Switzerland. - Probably your so called 'central bank' is there too. - Url.: http://www.bis.org/cbanks.htm
* The psychopathic BIS humanoids. - ''Beyond Insanity'' - Amos M. Gunsberg - Url.: http://www.serendipity.li/bush/beyond_insanity.htm
* G-20 - Countries and aim. - Source: Wikipedia - Url.: http://en.wikipedia.org/wiki/G-20_major_economies
* Rothschild's BIS is the 'Central Bank' to 55 country's 'central banks.' - Source: August Review - Url.: http://www.augustreview.com/index.php?option=com_content&task=view&id=7&Itemid=4
* BIS: "An Unbridled Monster - The global monetary system." - Url.: http://tinyurl.com/kk86q7
* Concerning 'Gold dollars': "Rothschild's Central Banks Gold War" - Url.: http://tinyurl.com/lohekf
* Isn't the saying: They who hold the gold, hold the power? - Have a look at what's called 'Rothschild's London Gold price fixing.' - Url.: http://goldinfo.net/londongoldfix.html
* Your future money: Amero or Eurodollar in Gold? - Url.: http://tinyurl.com/yzq5bed
* Much of the wealth is since centuries made by 'The City' of London, which is the Rothschild empire's State within a state. This is the lair of the predators of the monetary control. It's here where they control and manipulate food, transport, fuel and whatever prices. As far as I know, and seeing the malignant results here in Europe and the rest of the world, most of this criminal crowd - while they are getting the last drops of bloodmoney out of the US and many of it's colonies - in 2006 moved to Europe, and their headquarters of 'The Evil Empire' in London again. Where for instance also the prices of gold etc. are 'fixed' too, by 'them' of course: - Url.: http://tinyurl.com/2zj7wl
* The latest published articles can be seen at APFN's web site. Just type or paste my family-name - Ruyssenaars - into the 'search' field of the APFN web site, and there you are! - Url.: http://disc.yourwebapps.com/discussion.cgi?disc=234999
* "Government Sachs" and why financial criminals walk free - Url.: http://fpfcaresse5.blogspot.com/2009/11/government-sachs-and-why-financial.html
* Trilateral Plan to Corner World Gold Market? - Url.: http://www.augustreview.com/issues/globalization/trilateral_plan_to_corner_world_gold_market?_20081209107/
* World Gold Council: members comprise gold mining companies from around the world - Url.: http://www.members.gold.org/members_list/
* BIS Annual usury report: one world currency... - Url.: http://disc.yourwebapps.com/discussion.cgi?id=234999;article=2610;search_term=Ruyssenaars
* Slave, who's faking your money? - Url.: http://disc.yourwebapps.com/discussion.cgi?id=234999;article=2590;search_term=Ruyssenaars
* The Fed 'lost' another $9 Trillion! - Url.: http://disc.yourwebapps.com/discussion.cgi?id=234999;article=2471;search_term=Ruyssenaars
* US: Private Fed banks get total monetary control! - Url.: http://disc.yourwebapps.com/discussion.cgi?disc=234999;article=2591;title=APFN%20MESSAGE%20BOARD
* Yahoo search: "Foreign Press Foundation" +"Bank for International Settlements" - Url.: http://tinyurl.com/yj7jttk
* Yahoo search: "Foreign Press Foundation" +Rothschild - Url.: http://tinyurl.com/yf48r4y
* The Lords of Hunger and Depopulation - Web Results 1 - 10 of about 25,300 for Kissinger +depopulation. - Url.: http://tinyurl.com/yh8begy
* Obama/ Soetoro - Or whatever his name is: Hey! Look! The CIA 'emperor' has no clothes! - Url.: http://tinyurl.com/o55tpv
* TIME Poll - The US/PNAC's war machine poses the greatest danger to world peace. - Url.: http://www.time.com/time/europe/gdml/peace2003.html
North Korea 6.7 %
Iraq 6.3 %
The United States 86.9 %
Total Votes Cast before the TIME poll was stopped: 706842
* "PEOPLE DO NOT FORGET: They do not forget the death of their fellows, they do not forget torture and mutilation, they do not forget injustice, they do not forget oppression, they do not forget the terrorism of mighty powers. They not only don't forget: they also strike back." - 2005 Nobel Literature Prize winner Harold Pinter - Url.: http://tinyurl.com/9cyeq
''IT'S DANGEROUS TO BE RIGHT, WHEN YOUR GOVERNMENT IS WRONG'' - VOLTAIRE
FPF-COPYRIGHT NOTICE - In accordance with Title 17 U. S. C. Section 107 - any copyrighted work in this message is distributed by the Foreign Press Foundation under fair use, without profit or payment, to those who have expressed a prior interest in receiving the information. Url.: http://tinyurl.com/3z3r6
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Henk Ruyssenaars
April 12th 2010 - It really is, as described in the Harper's article below: "the most exclusive, secretive, and powerful supranational club in the world." And they run the world's monetary flow, while people - everywhere on earth - in general are told nothing about its existence. And 99.9% of humanity is its victim.
Those are the 'dark forces' at work, the so-called 'invisable hand' of the global market. And those who rule the world of money also decide what your 'money' is worth. Wether it's China's yuan, the Euros, the US dollar or whatever kind of money' they themselves print out of nothing. But we all pay the usury interest on this 'fiat money.' That's how the criminals have been doing this worldwide scam for centuries.
Look for instance what 'they' do nowadays, because this is for instance again how the criminal banking cartel wants to destroy the greek economy. Have a look at this item about it first, and then you'll understand. Especially if one follows and understands the links. It really is easy to connect the dots, once one knows where they are. - Url.: forpressfound.livejournal.com/31977.html
Apart from that, I happened to find a november 1983 article in Harper's Magazine, written by Edward Jay Epstein, and it gives one of the few glimpses behind the curtains of this global heist. As one of many who warned humanity for this cartel, the former British Prime Minister of England during the late 1800s, Benjamin D'Israeli, wrote in his book 'Coningsby':
"So you see... the world is governed by very different personages from what is imagined by those who are not behind the scenes."
D'Israeli knew, like many: it's all smoke and mirrors which one has to see through if one wants to stay alive and fight them.
A Washington Post article by John M. Berry, was published June 28, 1998 - 15 years later, showing how seldom something is published about this usury bank - and used part of the Harper's article too.
So I wrote about it last year: "If you think that the so called 'Ministry of Finance' or similar in your country decides what the 'money' in your wallet - eventually on your bank-account - or the currency in your country is worth: forget it. What value the coins and notes in your wallet represent is since many decades decided by the directors and collaborators of the Rothschild usury empire, the Bank for International Settlements, the BIS, in Basel, Switzerland. That's where 'Central Bank' directors from many countries get their marching orders.
Rothschild's 'Bank for International Settlements' - the BIS in Basel, Switzerland - is our global 'Department of Finances' and the unbridled monetary monster we're confronted with. A monster that has ridden us without most of us knowing about it or understanding it.
Apparently this has been going on for ages, and an overwhelming majority of humanity must be seen as victims of this usury system.
US: "THE BANKS OWN CONGRESS."
We should never forget what also Sen. Dick Durbin (D-Ill.) told Chicago radio station WJJG: "And the banks - hard to believe in a time when we're facing a banking crisis that many of the banks created - are still the most powerful lobby on Capitol Hill. AND THEY FRANKLY OWN THE PLACE." - [end quote] - So much for the bought, bribed and bullied 'lawmakers' - Source: 2009 Newsmax - Url.: http://tinyurl.com/yfehavw
How the BIS in reality works, as a monetary and global octopus, strangling too many, was in a very rare article about this global 'department of finances' - hidden between the Alps - described by The Washington Post: "Key Players Control World Money Supply" they wrote. The Washington Post writer apparently had read the Harper's article too... But: that's what this BIS stands for, those crooks are The Money Masters! - Url.: http://tinyurl.com/yhs89p2
These criminals really are the fraudulent and criminal 'key players' controlling the world's money flow. Anyhow, this is what Epstein in 1983 - and mind you, that's at present, in 2010, twenty-seven years ago - wrote for Harper's, concerning this global system of usury, Rothschild's "Bank for International Settlements" aka BIS, in Basel, Switzerland. Epstein omits of course a lot, but one gets a general idea to what criminal cartel the financial fist in the global glove belongs, and who's making most of us on earth a victim of their usury:
"RULING THE WORLD OF MONEY"
By Edward Jay Epstein
Harper's, November 1983 - Ten times a year — once a month, except in August and October — a small elite of well dressed men arrives in Basel, Switzerland. Carrying overnight bags and attaché cases, they discreetly check into the Euler Hotel, across from the railroad station. They have come to this sleepy city from places as disparate as Tokyo, London, and Washington, D.C., for the regular meeting of the most exclusive, secretive, and powerful supranational club in the world.
Each of the dozen or so visiting members has his own office at the club, with secure telephone lines to his home country. The members 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 and an ultramodern computer, as well as a secluded country club with tennis courts and a swimming pool, a few kilometers outside Basel.
The membership of this club is restricted to a handful of powerful men who determine daily the interest rate, the availability of credit, and the money supply of the banks in their own countries. They include the governors of the U.S. Federal Reserve, the Bank of England, the Bank of Japan, the Swiss National Bank, and the German Bundesbank. The club controls a bank with a $40 billion kitty in cash, government securities, and gold that constitutes about one tenth of the world's available foreign exchange. - [Remember: this is 1983 - HR]
The profits earned just from renting out its hoard of gold (second only to that of Fort Knox in value) are more than sufficient to pay for the expenses of the entire organization. And the unabashed purpose of its elite monthly meetings is to coordinate and, if possible, to control all monetary activities in the industrialized world. The place where this club meets in Basel is a unique financial institution called the Bank for International Settlements - or more simply, and appropriately, the BIS (pronounced "biz" in German).
The BIS was originally established in May 1930 by bankers and diplomats of Europe and the United States, to collect and disburse Germany's World War I reparation payments (hence its name). It was truly an extraordinary arrangement. Although the BIS was organized as a commercial bank with publicly held shares, its immunity from government interference, and even taxation, in both peace and war was guaranteed by an international treaty signed in The Hague in 1930. Although all its depositors are central banks, the BIS has made a profit on every transaction. And because it has been highly profitable, it has required no subsidy or aid from any government.
Since it also provided, in Basel, a safe and convenient repository for the gold holdings of the European central banks, it quickly evolved into the bank for central banks. As the world depression deepened in the Thirties, and financial panics flared up in Austria, Hungary, Yugoslavia, and Germany, the governors in charge of the key central banks feared that the entire global financial system would collapse unless they could closely coordinate their rescue efforts. The obvious meeting spot for this desperately needed coordination was the BIS, where they regularly went anyway to arrange gold swaps and war-damage settlements.
Even though an isolationist Congress officially refused to allow the U.S. Federal Reserve [private bank owners, like Rothschild nad Rockefeller - HR] to participate in the BIS, or to accept shares in it (which were instead held in trust by the First National City Bank), the chairman of the Fed quietly slipped over to Basel for important meetings. World monetary policy was evidently too important to leave to national politicians.
During World War 11, when the nations, if not their central banks, were belligerents, the BIS continued operating in Basel, though the monthly meetings were temporarily suspended. In 1944, following Czech accusations that the BIS was laundering gold that the Nazis had stolen from occupied Europe, the American government backed a resolution at the Bretton Woods Conference calling for the liquidation of the BIS. The naive idea was that the settlement and monetary-clearing functions it provided, could be taken over by the new International Monetary Fund.
[The IMF is subservient to the BIS too. Like the so-called 'World Bank' - HR]
BIS: 'BEHIND THE MASK'
What could not be replaced, however, was what existed behind the mask of an international clearing house:
a supranational organization for setting and implementing global monetary strategy, which could not be accomplished by a democratic, United Nations-like international agency.
The central bankers, not about to let their club be taken from them, quietly snuffed out the American resolution.
After World War 11, the BIS reemerged as the main clearing house for European currencies and, behind the scenes, the favored meeting place of central bankers. When the dollar came under attack in the 1960s, massive swaps of money and gold were arranged at the BIS for the defense of the American currency. It was undeniably ironic that, as the president of the BIS observed, "the United States, which had wanted to kill the BIS, suddenly finds it indispensable." In any case, the Fed has become a leading member of the club, with either Chairman Paul Volcker or Governor Henry Wallich attending every "Basel weekend."
ANONYMITY: 'NO SIGN OVER THE DOOR IDENTIFYING THE BIS'
Originally, the central bankers sought complete anonymity for their activities. Their headquarters were in an abandoned six story hotel, the Grand et Savoy Hotel Universe, with an annex above the adjacent Frey's Chocolate Shop. There purposely was no sign over the door identifying the BIS, so visiting central bankers and gold dealers used Frey's, which is across the street from the railroad station, as a convenient landmark. It was in the wood-paneled rooms above the shop and the hotel that decisions were reached to devalue or defend currencies, to fix the price of gold, to regulate offshore banking, and to raise or lower short-term interest rates.
And though they shaped "a new world economic order" through these deliberations, according to Guido Carli, the governor of the Italian central bank,, the public, even in Basel, remained almost totally unaware of the club and its activities.
In May 1977, however, the BIS gave up its anonymity, against the better judgment of some of its members, in exchange for more efficient headquarters. The new building, an eighteen story-high circular skyscraper that rises over the medieval city like some misplaced nuclear reactor, quickly became known as the "Tower of Basel" and began attracting attention from tourists. "That was the last thing we wanted," Dr. Fritz Leutwiler, its president told me, when I interviewed him in 1983. "If it had been up to me, it never would have been built." While we talked, he kept his eyes glued to the Reuters screen in his office, which signaled currency fluctuations around the globe.
Despite its irksome visibility, the new headquarters does have the advantages of luxurious space and Swiss efficiency. The building is completely air-conditioned and self-contained, with its own nuclear-bomb shelter in the sub-basement, a triply redundant fire-extinguishing system (so outside firemen never have to be called in), a private hospital, and some twenty miles of subterranean archives. "We try to provide a complete clubhouse for central bankers ... a home away from home," said Gunther Schleiminger, the supercompetent general manager, as he arranged a rare tour of the headquarters for me
The top floor, with a panoramic view of three countries, Germany, France, and Switzerland, is a deluxe restaurant, used only to serve the members a buffet dinner when they arrive on Sunday evenings to begin the "Basel weekends." Aside from those ten occasions, this floor remains ghostly empty.
On the floor below, Schleiminger and his small staff sit in spacious offices, administering the day-today details of the BIS and monitoring activities on lower floors as if they were running an out-of-season hotel.
The Money Club (part 2)
The next three floors down are suites of offices reserved for the central bankers. All are decorated in three colors — beige, brown, and tan — and each has a similar modernistic lithograph over the desk. Each office also has coded speed-dial telephones that at a push of a button directly connect the club members to their offices in their central banks back home. The completely deserted corridors and empty offices, with nameplates on the doors and freshly sharpened pencils in cups and neat stacks of incoming papers on the desks, are again reminiscent of a ghost town. When the members arrive for their forthcoming meeting in November, there will be a remarkable transformation, according to Schleiminger, with multilingual receptionists and secretaries at every desk, and constant meetings and briefings.
On the lower floors are the BIS computer, which is directly linked to the computers of the member central banks and provides instantaneous access to data about the global monetary situation, and the actual bank, where eighteen traders, mainly from England and Switzerland, continually roll over short" term loans on the Eurodollar markets and guard against foreign-exchange losses (by simultaneously selling the currency in which the loan is due). On yet another floor, gold traders are constantly on the telephone arranging loans of the bank's gold to international arbitragers, thus allowing central banks to make interest on gold deposits.
Occasionally there is an extraordinary situation, such as the decision to sell gold for the Soviet Union, which requires a decision from the "governors," as the BIS staff calls the central bankers. But most of the banking is routine, computerized, and riskless. Indeed, the BIS is prohibited by its statutes from making anything but short-term loans. Most are for thirty days or less that are government guaranteed or backed with gold deposited at the BIS. The profits the BIS receives for essentially turning over the billions of dollars deposited by the central banks amounted to $162 million last year.
As skilled as the BIS may be at all this, the central banks themselves have highly competent staffs capable of investing their deposits. The German Bundesbank, for example, has a superb international trading department and 15,000 employees — at least twenty times as many as the BIS staff. Why then do the Bundesbank and the other central banks transfer some $40 billion of deposits to the BIS and thereby permit it to make such a profit?
"THE CLOAK OF THE BIS"
One answer is of course secrecy. By commingling ['mix' or 'blend' - HR] part of their reserves in what amounts to a gigantic mutual fund of short term investments, the central banks created a convenient screen behind which they can hide their own deposits and withdrawals in financial centers around the world. And the central banks are apparently willing to pay a high fee to use the cloak of the BIS.
There is, however, another reason why the central banks regularly transfer deposits to the BIS: they want to provide it with a large enough profit to support the other services it provides. Despite its name, the BIS is far more than a bank. From the outside, it seems to be a small, technical organization. Just eighty-six of its 298 employees are ranked as professional staff. But the BIS is not a monolithic institution: artfully concealed within the shell of an international bank, like a series of Chinese boxes one inside another, are the real groups and services the central bankers need - and pay to support.
The first box inside the bank is the board of directors, drawn from the eight European central banks (England, Switzerland, Germany, Italy, France, Belgium, Sweden, and the Netherlands), which meets on the Tuesday morning of each "Basel weekend." The board also meets twice a year in Basel with the central banks of other nations. It provides a formal apparatus for dealing with European governments and international bureaucracies like the IMF or the European Economic Community (the Common Market).
The board defines the rules and territories of the central banks with the goal of preventing governments from meddling in their purview. For example, a few years ago, when the Organization for Economic Cooperation and Development in Paris appointed a low-level committee to study the adequacy of bank reserves, the central bankers regarded it as poaching on their monetary turf and turned to the BIS board for assistance. The board then arranged for a high-level committee, under the head of Banking Supervision at the Bank of England, to preempt the issue. The OECD got the message and abandoned its effort.
To deal with the world at large, there is another Chinese box called the Group of Ten, or simply the "G-10." It actually has eleven full-time members, representing the eight European central banks, the U.S. Fed, the Bank of Canada, and the Bank of Japan. It also has one unofficial member: the governor of the Saudi Arabian Monetary Authority. This powerful group, which controls most of the transferable money in the world, meets for long sessions on the Monday afternoon of the "Basel weekend." It is here that broader policy issues, such as interest rates, money-supply growth, economic stimulation (or suppression), and currency rates are discussed - if not always resolved.
Directly under the G-10, and catering to all its special needs, is a small unit called the "Monetary and Economic Development Department," which is, in effect, its private think tank. The head of this unit, the Belgian economist Alexandre Larnfalussy, sits in on all the G-10 meetings, then assigns the appropriate research and analysis to the half dozen economists on his staff. This unit also produces the occasional blue-bound "economic papers" that provide central bankers from Singapore to Rio de Janeiro, even though they are not BIS members, with a convenient party line.
For example, a recent paper called "Rules versus Discretion: An Essay on Monetary Policy in an Inflationary Environment," politely defused the Milton Friedmanesque dogma and suggested a more pragmatic form of monetarism. And last May, just before the Williamsburg summit conference, the unit released a blue book on currency intervention by central banks that laid down the boundaries and circumstances for such actions. When there are internal disagreements, these blue books can express positions sharply contrary to those held by some BIS members, but generally they reflect a consensus of the G-10.
Over A bratwurst-and-beer lunch on the top floor of the Bundesbank, which is located in a huge concrete building (called "the bunker") outside of Frankfurt, Karl Otto Pohl, its president and a ranking governor of the BIS, complained to me in 1983 about the repetitiousness of the meetings during the "Basel weekend." "First, there is the meeting on the Gold Pool, then, after lunch, the same faces show up at the G-10, and the next day there is the board which excludes the U.S., Japan, and Canada, and the European Community meeting which excludes Sweden and Switzerland." He concluded: "They are long and strenuous-and they are not where the real business gets done." This occurs, as Pohl explained over our leisurely lunch, at still another level of the BIS: "a sort of inner club."
The Money Club (part 3)
The inner club is made up of the half dozen or so powerful central bankers who find themselves more or less in the same monetary boat: along with Pohl are Volcker and Wallich from the Fed, Leutwiler from the Swiss National Bank, Lamberto Dini of the Bank of Italy, Haruo Mayekawa of the Bank of Japan, and the retired governor of the Bank of England, Lord Gordon Richardson (who had presided over the G-10 meetings for the past ten years). They are all comfortable speaking English; indeed, Pohl recounted how he has found himself using English with Leutwiler, though both are of course native German-speakers.
And they all speak the same language when it comes to governments, having shared similar experiences. Pohl and Volcker were both under secretaries of their respective treasuries; they worked closely with each other, and with Lord Richardson, in the futile attempts to defend the dollar and the pound in the 1960s. Dini was at the IMF in Washington, dealing with many of the same problems. Pohl had worked closely with Leutwiler in neighboring Switzerland for two decades. "Some of us are very old friends," Pohl said. Far more important, these men all share the same set of well-articulated values 'about money. - [And absolutely NOT about human beings. They just don't count. NEVER! Only profit counts. The BIS humanoids are monetary psychopaths. - HR]
The prime value, which also seems to demarcate the inner club from the rest of the BIS members, is the firm belief that central banks should act independently of their home governments. This is an easy position for Leutwiler to hold, since the Swiss National Bank is privately owned (the only central bank that is not government owned) and completely autonomous. ("I don't think many people know the name of the president of Switzerland - even in Switzerland," Pohl joked, "but everyone in Europe has heard of Leutwiler.") Almost as independent is the Bundesbank; as its president, Pohl is not required to consult with government officials or to answer the questions of Parliament - even about such critical issues as raising interest rates. He even refuses to fly to Basel in a government plane, preferring instead to drive in his Mercedes limousine.
The Fed is only a shade less independent than the Bundesbank: Volcker is expected to make periodic visits to Congress and at least to take calls from the White House - but he need not follow their counsel. While in theory the Bank of Italy is under government control, in practice it is an elite institution that acts autonomously and often resists the government. (In 1979, its then governor, Paolo Baffi, was threatened with arrest, but the inner club, using unofficial channels, rallied to his support.)
Although the exact relationship between the Bank of Japan and the Japanese government purposely remains inscrutable, even to the BIS governors, its chairman, Mayekawa, at least espouses the principle of autonomy. Finally, though the Bank of England is under the thumb of the British government, Lord Richardson was accepted by the inner club because of his personal adherence to this defining principle. But his successor, Robin Leigh-Pemberton, lacking the years of business and personal contact, probably won't be admitted to the inner circle.
In any case, the line is drawn at the Bank of England. The Bank of France is seen as a puppet of the French government; to a lesser degree, the remaining European banks are also perceived by the inner club as extensions of their respective governments, and thus remain on the outside. [That was 1983! Now in 2010, the BIS 'owns' them. - HR]
A second and closely related belief of the inner club is that politicians should not be trusted to decide the fate of the international monetary system. When Leutwiler became president of the BIS in 1982, he insisted that no government official be allowed to visit during a "Basel weekend." He recalled that in 1968, U.S. Treasury undersecretary Fred Deming had been in Basel and stopped in at the bank. "When word got around that an American Treasury official was at the BIS," Leutwiler said, "bullion traders, speculating that the U.S. was about to sell its gold, began a panic in the market."
Except for the annual meeting in June (called "the Jamboree" by the staff ), when the ground floor of the BIS headquarters is open to official visitors, Leutwiler has tried to enforce his rule strictly. "To be frank," he said, "I have no use for politicians. They lack the judgment of central bankers." This effectively sums up the common antipathy of the inner club toward "government muddling," as Pohl puts it.
The inner-club members also share a strong preference for pragmatism and flexibility over any ideology, whether that of Lord Keynes or Milton Friedman. Rather than resorting to rhetoric and invoking principles, the inner club seeks any remedy that will relieve a crisis. For example, earlier this year, when Brazil failed to pay back on time a BIS loan that was guaranteed by the central banks, the inner club quietly decided to extend the deadline instead of collecting the money from the guarantors. "We are constantly engaged in a balancing act-without a safety net," Leutwiler explained.
THE FINAL and by far the most important belief of the inner club is the conviction that when the bell tolls for any single central bank, it tolls for them all. When Mexico faced bankruptcy in the early eighties. The issue for the inner club was not the welfare of that country but, as Dini put it, "the stability of the entire banking system."
For months Mexico had been borrowing overnight funds from the interbank market in New York - as every bank recognized by the Fed is permitted to do - to pay the interest on its $80 billion external debt. Each night it had to borrow more money to repay the interest on the previous night's transactions, and, according to Dini, by August Mexico had borrowed nearly one quarter of all the "Fed Funds," as these overnight loans between banks are called.
The Fed was caught in a dilemma: if it suddenly stepped in and forbade Mexico from further using the interbank market, Mexico would be unable to repay its enormous debt the next day, and 25 percent of the entire banking system's ready funds might be frozen. But if the Fed permitted Mexico to continue borrowing in New York, in a matter of months it would suck in most of the interbank funds, forcing the Fed to expand drastically the supply of money.
It was clearly an emergency for the inner club. After speaking to Miguel Mancera, director of the Banco de Mexico, Volcker immediately called Leutwiler, who was vacationing in the Swiss mountain village of Grison. Leutwiler realized that the entire system was confronted by a financial time bomb: even though the IMF was prepared to extend $4.5 billion to Mexico to relieve the pressure on its long-term debt, it would require months of paperwork to get approval for the loan. And Mexico needed an immediate 1.85 billion dollar loan to get out of the interbank market, which Mancera had agreed to do. But in less than forty eight hours, Leutwiler had called the members of the inner club and arranged the temporary bridging loan.
While this $1.85 billion appeared in the financial press to have come from the BIS, virtually all the funds came from the central banks in the inner club. Half came directly from the United States -$600 million from the Treasury's exchange-equalization fund and $325 million from the Fed's coffers; the remaining $925 million mainly from deposits of the Bundesbank, Swiss National Bank, Bank of England, Bank of Italy, and Bank of Japan, deposits that were specifically guaranteed by these central banks, though advanced pro forma by the BIS (with a token amount advanced by the BIS itself against the collateral of Mexican gold).
The BIS undertook virtually no risk in this rescue operation; it merely provided a convenient cloak for the inner club. Otherwise, its members, especially Volcker, would have had to take the political heat individually for what appeared to be the rescue of an underdeveloped country. In fact, they were true to their paramount values: rescuing the banking system itself.
Inner club members publicly pay lip service to the ideal of preserving the character of the BIS and not turning it into a lender of last resort for the world at large.
Privately, however, they will undoubtedly continue their maneuvers to protect the banking system at whatever point in the world it seems most vulnerable.
After all, it is ultimately the central banks' money at risk, not the BIS's.
And the inner club will also keep using the BIS as its public mask, and pay the requisite price for the disguise." -[end story]
Harper's story - Url.: http://www.edwardjayepstein.com/archived/moneyclub.htm
Once he found out about this global heist of humanity by the banksters, Epstein wrote a lot more about this. - Google search: Web Results 1 - 10 of about 839 for "Edward Jay Epstein" +BIS - Url.: http://tinyurl.com/yaroet6
Those financial usurers and criminals should all be in jail! - HR
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Concerning Rotschild's usury empire via the BIS, this is relevant:
* A very good story: Lawyer and economist Ellen Brown - Web of Debt - about the BIS - Url.: http://tinyurl.com/ygjd2qn
* Take your pick and make up your own mind. Google search: Web Results 1 - 10 of about 644 for HR +"Bank for International Settlements" - Url.: http://tinyurl.com/ydrczzm
* CRIMINAL BANKING CARTEL DESTROYED GREEK ECONOMY - Url.: forpressfound.livejournal.com/31977.html
* All Euro notes have a syllable before the number on the Euro note - The 'Y' stands for Greece [Ελλάδα - Ellada] - Source: Wikipedia - Url.: http:// en.wikipedia.org/wiki/Euro_banknotes
* Bilderbergers want global currency now - Url.: http://tinyurl.com/yljsb26
* The World Central Bank: The Bank for International Settlements - Address: The Tower of Basel - Centralbahnplatz 2, 4051, Basel, Switzerland - Url.: http://www.bilderberg.org/bis.htm
* List of 'Central Banks' and countries belonging and run by the BIS in Basel, Switzerland. - Probably your so called 'central bank' is there too. - Url.: http://www.bis.org/cbanks.htm
* The psychopathic BIS humanoids. - ''Beyond Insanity'' - Amos M. Gunsberg - Url.: http://www.serendipity.li/bush/beyond_insanity.htm
* G-20 - Countries and aim. - Source: Wikipedia - Url.: http://en.wikipedia.org/wiki/G-20_major_economies
* Rothschild's BIS is the 'Central Bank' to 55 country's 'central banks.' - Source: August Review - Url.: http://www.augustreview.com/index.php?option=com_content&task=view&id=7&Itemid=4
* BIS: "An Unbridled Monster - The global monetary system." - Url.: http://tinyurl.com/kk86q7
* Concerning 'Gold dollars': "Rothschild's Central Banks Gold War" - Url.: http://tinyurl.com/lohekf
* Isn't the saying: They who hold the gold, hold the power? - Have a look at what's called 'Rothschild's London Gold price fixing.' - Url.: http://goldinfo.net/londongoldfix.html
* Your future money: Amero or Eurodollar in Gold? - Url.: http://tinyurl.com/yzq5bed
* Much of the wealth is since centuries made by 'The City' of London, which is the Rothschild empire's State within a state. This is the lair of the predators of the monetary control. It's here where they control and manipulate food, transport, fuel and whatever prices. As far as I know, and seeing the malignant results here in Europe and the rest of the world, most of this criminal crowd - while they are getting the last drops of bloodmoney out of the US and many of it's colonies - in 2006 moved to Europe, and their headquarters of 'The Evil Empire' in London again. Where for instance also the prices of gold etc. are 'fixed' too, by 'them' of course: - Url.: http://tinyurl.com/2zj7wl
* The latest published articles can be seen at APFN's web site. Just type or paste my family-name - Ruyssenaars - into the 'search' field of the APFN web site, and there you are! - Url.: http://disc.yourwebapps.com/discussion.cgi?disc=234999
* "Government Sachs" and why financial criminals walk free - Url.: http://fpfcaresse5.blogspot.com/2009/11/government-sachs-and-why-financial.html
* Trilateral Plan to Corner World Gold Market? - Url.: http://www.augustreview.com/issues/globalization/trilateral_plan_to_corner_world_gold_market?_20081209107/
* World Gold Council: members comprise gold mining companies from around the world - Url.: http://www.members.gold.org/members_list/
* BIS Annual usury report: one world currency... - Url.: http://disc.yourwebapps.com/discussion.cgi?id=234999;article=2610;search_term=Ruyssenaars
* Slave, who's faking your money? - Url.: http://disc.yourwebapps.com/discussion.cgi?id=234999;article=2590;search_term=Ruyssenaars
* The Fed 'lost' another $9 Trillion! - Url.: http://disc.yourwebapps.com/discussion.cgi?id=234999;article=2471;search_term=Ruyssenaars
* US: Private Fed banks get total monetary control! - Url.: http://disc.yourwebapps.com/discussion.cgi?disc=234999;article=2591;title=APFN%20MESSAGE%20BOARD
* Yahoo search: "Foreign Press Foundation" +"Bank for International Settlements" - Url.: http://tinyurl.com/yj7jttk
* Yahoo search: "Foreign Press Foundation" +Rothschild - Url.: http://tinyurl.com/yf48r4y
* The Lords of Hunger and Depopulation - Web Results 1 - 10 of about 25,300 for Kissinger +depopulation. - Url.: http://tinyurl.com/yh8begy
* Obama/ Soetoro - Or whatever his name is: Hey! Look! The CIA 'emperor' has no clothes! - Url.: http://tinyurl.com/o55tpv
* TIME Poll - The US/PNAC's war machine poses the greatest danger to world peace. - Url.: http://www.time.com/time/europe/gdml/peace2003.html
North Korea 6.7 %
Iraq 6.3 %
The United States 86.9 %
Total Votes Cast before the TIME poll was stopped: 706842
* "PEOPLE DO NOT FORGET: They do not forget the death of their fellows, they do not forget torture and mutilation, they do not forget injustice, they do not forget oppression, they do not forget the terrorism of mighty powers. They not only don't forget: they also strike back." - 2005 Nobel Literature Prize winner Harold Pinter - Url.: http://tinyurl.com/9cyeq
''IT'S DANGEROUS TO BE RIGHT, WHEN YOUR GOVERNMENT IS WRONG'' - VOLTAIRE
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