Posted on 04/19/2009 5:17:14 PM PDT by FromLori
I have been tracking the Basel Accords and the mischief they have allowed to happen in the worlds financial systems for a few years now. Basicaly it is the epitomy of governent by elites allied to special interests and a harbinger of the undemocratic regime(s) gradualy being forced onto democratic systems. This system is constructed and moderated by our nation states central banks who periodicaly send representatives to Basel to create or modify 'accords'.
Government control is nominaly excercised by central banks (or their equivalent) for each country represented at Basel reporting to the financial branch of Government. eg the US Treasury.
So you might ask who represented the US at the formulation of the Basel accords? The representatives of the Federal Reserve.
Who specificaly represented the Federal Reserve? Representatives of the private banking institutions who own the Federal Reserve
Who got us into the financial crises? The private banking institutions who own the Federal Reserve.
How did these private banking institutions who own the Federal Reserve create the mess? They wrote into the Basel accords gaps in the accords you could drive a carrier battlegroup through and subsequently did. They created a class of financial instruments which they and they alone monitored and exploited for spurious profit beyond the governments reach and oversight.
This is the model elites from Sarkozy to Brown to Merkel to Obama follow, this is the danger we all face, an untouchable strata of 'government' run by special interests without the inconvenience of Democracy.
Read carefully, this is our future, we get the government we deserve.
Do we really want the Bank for International Settlements (BIS) issuing our global currency
(Excerpt) Read more at campaignforliberty.com ...
If Obama signs any such thing, he should be immediately impeached and removed for violating his oath of office.
Didn’t they already agree to it at the G20?
I’d be willing to bet that if the O man is in office for 8 years, we WILL be on a global currency - why do you think he is in office?
I’d be willing to bet that if the O man is in office for 8 years, we WILL be on a global currency - why do you think he is in office?
We have a global currency. It is called Gold.
to read later
Private profits, public debts.
YUP.
Thanks for being awake.
And for trying to awaken the walking dead.
Make those out of gold and they may have something.
(I'm not paranoid, it's just that the framework fits and is predictive)
A world currency leads to a world government like sunrise follows sunset.
Now, if this is not bad enough for people to oppose it, consider that every central bank issues its own fiat currency, and to the extent each nation's economy is decoupled from each other, in both economic and policy and terms, the boom-bust business cycle that comes from fiat money tends to occur independently.
With a single world fiat currency, the entire world economy will suffer from a worldwide boom-bust cycle. If we think that the great depression laid the social and political groundwork for the National Socialists to take over Germany, then just wait until the whole world is dragged into a worldwide great depression and there is no “lender of last resort” to bail the world out.
We are headed down a bad road. We must do all we can to stop before it is too late.
A world currency leads to a world government like sunrise follows sunset.
Now, if this is not bad enough for people to oppose it, consider that every central bank issues its own fiat currency, and to the extent each nation's economy is decoupled from each other, in both economic and policy and terms, the boom-bust business cycle that comes from fiat money tends to occur independently.
With a single world fiat currency, the entire world economy will suffer from a worldwide boom-bust cycle. If we think that the great depression laid the social and political groundwork for the National Socialists to take over Germany, then just wait until the whole world is dragged into a worldwide great depression and there is no “lender of last resort” to bail the world out.
We are headed down a bad road. We must do all we can to stop before it is too late.
The problem we face is that Obama, with or without the Senate, is going to try to abrogate the Constitution under the guise of binding executive agreements or treaties.
Far from being impeached for it, he will be acclaimed as a hero by this Congress.
The Supremacy clause in Article VI has been a problem since it was drafted and ratified. The Bricker Amendment in the 1950s would have clarified the issue (It is revealing that, even then, the Democrats were against it). The proposed amendment was rendered moot by Reid v. Covert (1957) when the USSC ruled that treaties could not overturn Constitutional rights.
It's not at all clear that the 2009 Court would rule the same way. Even if they did, they would be challenged again and again, and Obama will control more votes on the Court as time goes by.
But of course, these maneuverings by the branches of OUR government do not go to the heart of the matter. Most governments possess complete sovereignty, or rule in the name of someone or something that does.
The sovereign in this land, however, is NOT the government at Washington, but rather is the People of the United States. Our sovereignty does not belong to Obama and the Senate - not even temporarily.
It may become necessary for an intervention to occur in the name of the actual sovereign to counter attempts to subvert our sovereign power.
We delegated to Congress the power to coin money, and regulate the value thereof. We may need to take this power back.
Dangerous times ahead.
You don't get it, both parties are controlled by the banksters.
Now, if this is not bad enough for people to oppose it, consider that every central bank issues its own fiat currency, and to the extent each nation's economy is decoupled from each other, in both economic and policy and terms, the boom-bust business cycle that comes from fiat money tends to occur independently.
With a single world fiat currency, the entire world economy will suffer from a worldwide boom-bust cycle. If we think that the great depression laid the social and political groundwork for the National Socialists to take over Germany, then just wait until the whole world is dragged into a worldwide great depression and there is no lender of last resort to bail the world out.
We are headed down a bad road. We must do all we can to stop before it is too late.”
The people were overwhelmingly against the bank bailouts and they went through anyway. Does anyone need any further proof that the government is run by the banks!
"Allow me to issue and control a nation's currency, and I care not who makes its laws."
Your welcome here is another article I think many would want to read...
http://www.phillyimc.org/en/barack-obama-crime-boss
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