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WHO CONTROLS THE WORLD? - INTERNATIONAL BANKERS?

Posted By: RMNewsUpdates
Date: Tuesday, 18-Dec-2001 09:22:38

From: "Rayelan"
Date: Mon Dec 17, 2001 10:48 pm
Subject: Who controls the world via Internation Banking

----- Original Message -----
From: Bob
To: Siriusss@aol.com
Sent: Monday, December 17, 2001 4:57 PM
Subject: Who controls the world via Internation Banking?

--- Siriusss@aol.com wrote:
> Did you know that 87% of the US gold reserves are
> encumbered to the IMF? The
> UN is a NGO front for the IMF

Dear Ann,

if... "IF" it is true that the United Nations is a
Non-governmental Organization which is controlled by
the IMF..... THEN WHO CONTROLS THE IMF??? Is it Jews?
Is it Jesuits? Is it CFR/TC? Is it
Freemason's/Illuminati? And my newest demon group, Is
it the TONG? Is it a combination of all of the above?

Who is at the very top of the pyramid of evil?

Below is a SUPER interesting article from the
Washington Post from 1998. God Bless you Ann.

PS - Ann, below is an email and an article that I sent
out to my email list in 1998.
++++++++++++++++++++++++++++++++

Washington Post Article 6/29/98 on front page re
International Bankers Meeting

Bob from Michigan wrote:

Dear friends,

There is an article in the Washington Post today
6/29/98 on the front page. Please email it to me if
you find it online.

I heard Brian Lamb of CSPAN read it on the air this
morning.

I have searched the WWW for it and cannot find it.

If you find it please email it to me.

In essence it says that there is a group of 13
International Bankers who meet once a month and that
they control the entire economy of the earth via their
control of the money supply and interest rates. This
implies that they are more powerful than presidents,
prime ministers, congress'es and parliments. It is
implied that they nearly rule the world. The article
says that they are currently meeting in Europe ( Basel
Switzerland?). I will be greatly in the debt of anyone
who finds this article and emails it to me.

Dear friends - please think deeply about this news
report. This comes from the very liberal Washington
Post. I believe that it is absolutely correct. I also
believe this explains why we conservatives continually
lose one battle after another. The Bible has much to
say about money and about honest money based on gold
and barter. Currently we have a totally satanic
monetary system based on fiat money, paper money,
counterfeit money and fractional reserve banking where
commercial bannks "create" money out of thin air. It
is EVIL. We need to get back to a biblical system of
money before they makes slaves of us all.

President Abraham Lincoln warned us of these dangerous
International bankers when he said "The money power
preys upon the nation in times of peace & conspires
against it in times of war. It is more despotic than
monarchy, more insolent than autocracy, more selfish
than bureaucracy. It denounces, as public enemies, all
who even question its methods or throw light upon its
crimes. I have two great enemies, the Southern Army in
front of me & the financial institutions at the rear,
the latter is my greatest foe."

Through their control of the Federal Reserve System,
Bankers control the interest rates in the nations
banks and thereby they exercise complete control over
the American economy. By their control of the economy
they can make or break any American President.

President James A. Madison warned "History shows that
the money changers have used every form of abuse,
intrigue, deceit and violent means possible to
maintain control over governments by controlling the
money and the issuance of it."

President Thomas Jefferson once said "I sincerely
believe that banking establishments are more dangerous
than standing armies; and that the principle of
spending money to be paid posterity under the name of
funding, is but swindling futurity on a large scale"
and "The Central Bank is an institution of the most
deadly hostility existing against the principles and
form of our Constitution. I am an enemy to all banks,
discounting bills or notes for anything but coin. If
the American people allow private banks to control the
issuance of their currency, first by inflation and
then by deflation, the banks and corporations that
will grow up around them will deprive the people of
all their property until their children will wake up
homeless on the continent that their fathers
conquered."

Thomas Jefferson was prophetic when he spoke these
words. America is now mortgaged to the hilt and when
it all collapses, the International Bankers will end
up owning everything. They gave us paper "money" and
we gave them everything, our labor, our inventions,
our land and our possessions. If we do not stop this
crime from continuing we will end up very much like
serfs from the middle ages who had to rent land from
the Land-Lords.

Thank You - Bob from Michigan

++++++++++++++++++++++++++++++++++++++++++++++

Key Players Control World Money Supply
By John M. Berry
Washington Post Staff Writer

Sunday, June 28, 1998; Page H01

BASEL, Switzerland - Ten times a year, the financial
barons who control
the world's supply of money gather here on the bank of
the Rhine River
for drinks and dinner - and secret conversations that
can shape the
course of the global economy.

The 13 members of this economic cabal meet on the
glass-walled 18th
floor of the round headquarters tower of an obscure
institution known as
the Bank for International Settlements. From their
seats at the
conference table, they can look across the city and
the river to
Germany's Black Forest or farther west to French Alps
on the horizon.

As they arrive and greet one another by their first
names, waiters hover
with drinks - they know each one's favorite. For
privacy and candor, no
staff members are present, only the principals and
occasionally a guest,
such as Michel Camdessus, managing director of the
International
Monetary Fund.

The members of this secretive group are the governors
of the central
banks of the Group of 10 industrial nations, plus
Switzerland. The most
powerful voice in the room is the U.S. representative
- Federal Reserve
Chairman Alan Greenspan or, if he can't attend, Vice
Chairman Alice M.
Rivlin. As befits its power, the United States alone
has a second seat
at the table, occupied by William J. McDonough,
president of the New
York Federal Reserve Bank. The 13th participant is the
BIS's general
manager, Andrew Crockett, a former Bank of England
official.

This is how global finance does its most sensitive
business, in these
quiet Sunday-night meetings. The central bankers talk
informally - with no
agenda other than what
is on their minds. The financial intelligence that
emerges from these
meetings - and perhaps more
important, the
personal trust - helps keep the international banking
system steady in
turbulent times, such as the financial crisis that has
swept Asia over
the past year.

Roots in a War

But what, exactly, is the strangely named organization
that hosts this
secret conclave?

The BIS was established in 1930 to assist in the
payments of reparations
owed by Germany and other losers in World War I to the
victors. Over the
years it has become a central bank for central banks.
It has also
emerged as a clearinghouse for regulators - helping
them supervise
commercial banks, oversee foreign exchange markets and
protect the world
financial system.

Topic A on recent Sunday nights, of course, has been
the financial
crisis in Japan and other Asian nations. The 13
participants have
discussed how to ease the Asian crisis and limit its
impact on the rest
of the world. The group has focused, in particular, on
ensuring that the
crisis doesn't threaten the world's intricate system
of settling
international transactions. A collapse of that
payments system, as it's
known, is a central banker's ultimate nightmare.

Partly in response to the Asian crisis and partly to
broaden its role
beyond its European base, the BIS will open a
satellite office in Hong
Kong on July 10. The following day, the central bank
governors will hold
a regular monthly dinner outside Basel for the first
time - in Tokyo.

If the meeting room in Basel could speak, it would
tell a history of
global monetary policy. It was at one of the dinners
in 1982 that
then-Fed chairman Paul A. Volcker twisted arms - one
source said
"browbeat" - the other governors to come up with money
and other actions
to help limit the economic damage from that year's
default by Mexico and
later by other Latin America nations on their
governments' debt owed to
foreign banks.

Mexico was the topic once again in late 1994 when the
United States led
a $50 billion bailout that involved money from the
IMF, the United
States and other countries and, as a backup, $10
billion from the BIS.
That was an unusually contentious meeting because
European central bank
governors, including the powerful head of Germany's
Bundesbank, Hans
Tietmeyer, opposed the bailout on the grounds that it
was unnecessary
and a bad precedent.

At one critical dinner, recalls former Fed vice
chairman Alan Blinder,
"we took a lot of heat about Mexico. We were lucky
that Camdessus was
there. He was a lightning rod. The others were mad at
the United States,
but more so at the IMF." In the end, the United States
got its way.

"By central bank standards, the talk is amazingly
frank because there is
no audience," said Blinder, now an economics professor
at Princeton
University. "There is this old cliche about 'full and
frank' discussions
among diplomats. That means they were stiff and didn't
say anything. In
this case, it really is frank. There is no gallery to
play to. . . . You
know, central bankers cooperate across national
borders better than
governments do, and I think this is one of the
reasons."

Another glimpse of the secretive group comes from E.
Gerald Corrigan, a
managing director at Goldman Sachs & Co. As president
at the New York
Fed from 1984 to 1993, Corrigan attended 115
consecutive monthly
meetings at the BIS.

With everyone at one table and "no staff, no agenda,
no records and no
communique . . . marvelous personal relationships
developed," Corrigan
recalls. "The consequence of that was that when
something went wrong,
working with these people was just so easy because of
the trust
developed by the frequency and the intimacy of the
dinners. To me,
that's the genius of the organization."

During Corrigan's time, plenty did go wrong -
particularly with the
world's banks. The Japanese bubble was expanding
toward the bursting
point, which eventually sent Japanese banks into a
downward spiral from
which they still haven't recovered. The U.S. stock
market crashed in
October 1987, sending shock waves around the world.
Foreign exchange
crises were so frequent they are now barely
remembered. Adding to the
disarray was the view of the leading U.S. banker,
Citicorp Chairman
Walter Wriston, that large banks with diversified
portfolios didn't need
much capital.

During those raucous years, financial institutions
around the world were
disregarding what Corrigan calls "prudential
standards." The banks were
lending like crazy, often in other countries where the
bankers didn't
understand the risks, and national bank regulators
were not cracking
down.

With Volcker taking the lead, the Basel Committee on
Banking
Supervision, a BIS group, began trying to draft a new
set of
international standards for bank capital - that is,
the amount of
reserves institutions must have relative to the amount
of loans they
have on the books. Corrigan recalls that the Basel
Committee wasn't
getting anywhere until the Fed and the Bank of England
found that they
had separately come up with similar approaches.

When the details were announced in January 1986,
"instead of everybody
getting mad at us, it became a rallying point,"
Corrigan said. "The next
big obstacle was getting the Japanese on board. The
big issue there was
to what extent the standards would allow the Japanese
banks to count
their unrealized capital gains on stocks as part of
the capital."

An allowance was duly made for the Japanese, and
Corrigan said, "I
thought at the time it would come back to haunt them."
As indeed it has.
What analysts describe as the current "death spiral"
of Japanese banks
stems partly from the fact that every time the
Japanese stock market
falls, it reduces the amount of bank capital. That, in
turn, makes it
harder for Japanese banks to make new loans, which in
turn limits
conomic growth - plunging the country deeper into
economic crisis.

Central bank staffers, too, use the BIS for bonding.
As a result of
their regular meetings here, senior members of the
governors' staffs
have developed a network of their own that can be
activated in a crisis.

Edwin M. "Ted" Truman, director of the Fed's
international finance
division, used that network last December, when there
was a high risk
that major South Korean banks would default on
repayment of short-term
debt owed to banks in Europe, Japan, Australia and the
United States.
Truman set up daily conference calls with his
counterparts in all the
home countries of the lending banks.

In the daily calls, Truman and the other central bank
staffers shared
information about their lending banks' situations. The
exposure of the
banks varied greatly, and it was proving difficult to
get an agreement
that the banks would roll over the loans and extend
their maturity. The
conversations helped move the negotiations forward,
and the rollovers
took place in January. "This is a small illustration
of the process,"
Truman said. "It's a sort of club, I guess . . .
dealing with people we
know."

The BIS also has some formal committees handling
arcane banking matters.
Its Committee on Payment and Settlement Systems has
been promoting
better risk management by banks, better ways to settle
transactions
involving multiple currencies and better domestic
payment systems. The
-Currency Standing Committee is studying how to reduce
the vulnerability
of the world financial system in the wake of the Asian
crisis. And the
Gold and Foreign Exchange Committee oversees world
currency markets and
is the only source of data on the size and
transactions in that huge
market.

Of course, the G-10 governors don't have to come to
the BIS to have
dinner together. In fact, most years when the IMF and
World Bank annual
meetings are in Washington in September, there is no
monthly meeting
here, and Greenspan plays host at the Fed.

A Bigger Board

Historically, the BIS has been essentially a European
institution with
U.S. participation. In July 1994, however, the
governors of the central
banks of Canada and Japan were added to its board.
More recently, nine
additional nations outside Europe - Brazil, Mexico,
Russia, China, Hong
Kong, Korea, Singapore, India and Saudi Arabia -
became members,
bringing the total to 41.

Almost 100 nations had representatives at the BIS
annual meeting earlier
this month, including central bankers from member
nations and from those
that do business with the bank. Similarly, at the
monthly meetings,
there is a well-attended session Monday afternoon on
central banking
topics, which is open to any
central banker.

Rivlin, the Fed vice chairman, says those wider
afternoon sessions are
valuable. "They are interesting," she said, "and I
learn a lot."

During the annual meeting this month, Julian Francis,
the governor of
the central bank of the Bahamas, said his institution
- like many others
from smaller nations - relies on the BIS for technical
assistance in
banking supervision, payments and settlements, and
banking technology.
The BIS has also helped in training some of his bank's
employees. "We
find it very useful," Francis said.

As a bank, the BIS has deposits of about $112 billion,
some of which is
in gold. The funds are invested with commercial banks
and in securities,
but central bank depositors can withdraw them at any
time. Smaller
central banks use the BIS both as a convenient way to
invest their
reserves and to keep secret the way in which they are
managing the
money. Even the Fed has some reserves on deposit here.
Last year the BIS
made roughly $500 million on its banking activities.

In some cases, BIS officials take great pains to make
sure that orders
to pay money out of the accounts of central banks in
countries run by
corrupt governments are related to the central bank's
activities, rather
than just the needs of some powerful official moving
cash into his own
secret account.

All but 16 percent of the BIS shares are owned by its
member central
banks. The remainder are in private hands, as the
result of the United
States's failure in 1930 to pay for its shares; they
were instead
acquired by a group of American banks, which later
sold them, mostly to
individuals in Europe. Some of the French and Belgian
shares went the
same way.

Even though the United States was included in the BIS
from the beginning,
the Fed's two seats on
the board weren't filled until four years ago.
Initially the United States
objected to the BIS
mission of facilitating payment of German reparations.
At the peace
conference that followed World
War I, the United States had opposed such payments.

At various points between 1930 and 1994, U.S.
officials considered taking
the board seats but a
number of problems arose - such as the BIS membership
of some communist
nations in Eastern Europe -
though not Russia, which has never been a member - and
South Africa. With
the end of the Cold War
and of apartheid in South Africa, those barriers were
gone.

"The BIS . . . is now too valuable to the Federal
Reserve in carrying
out its statutory responsibilities for the [Fed] not
to be a full
participant in BIS institutional
deliberations," Greenspan told
Congress in explaining why the United States was
finally joining the BIS
board.

Two Big Issues

For the BIS staff, two big technical issues lie ahead:

The first is how to deal with the advent of the
European Central Bank,
which will open its doors this week as part of the
creation of the euro to
replace the currencies
of 11 European countries. The ECB will take over
virtually all of the
monetary policy
responsibilities of the Bank of France, the Bundesbank
and their
counterparts, though not those of
the Bank of England, which is not adopting the euro
immediately.
Obviously, the head of the ECB,
Willem F. Duisenberg, former head of the Dutch central
bank, will be added
to the Sunday dinner
list. But what of the others, whose power will
have been greatly diminished?

The second issue is whether to keep expanding BIS
membership by including
such nations as Malaysia,
Argentina, Indonesia and Thailand - and in the process
expand the bank's
role in developing
nations.

Meanwhile, BIS chief Crockett hopes to make this city
on the Rhine the
center of information, advice and cooperation on
international financial
supervision. The
secretariat of the Basel Committee on Banking
Supervision is here, as is
the headquarters of the
International Association of Insurance Supervisors.
Crockett is hoping to
persuade the organization
of
investment bank supervisors, which is located in
Montreal, to move as
well.

The BIS set up shop in Basel originally in 1930
because it was about a
day's train ride for the European central bankers. Now
the institution
has to decide just how far it will travel from its
Swiss home to fulfill
its role as guardian of global finance.

Copyright 1998 The Washington Post
Company


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