Posted on 04/16/2011 7:39:01 AM PDT by wendy1946
I like to understand what goes on around me to the extent possible. For the last several weeks I'd been wondering about the situation in libya and I was drawing a near total blank; within the last few days however an article by Ellen Brown, the lady I view as the world's ultimate banking/money-policy guru, and one particular comment on the topic on the FreeRepublic forum have brought the picture into sharp focus.
Ellen Brown's article:
http://www.zerohedge.com/article/libya-all-about-oil-or-all-about-banking
and the FR comment:
http://www.freerepublic.com/focus/news/2705063/posts?page=12#12
You are right, Libya is also not about oil, but methinks it is more than just banking:
Other things worth looting: 1. Libyan water from GMMR is approx. 30cents/quart. Supply is 200 years' worth of Nile discharge.
2. Libya has huge sovereign wealth. 144 tons of gold is petty cash (approx $1 trillion vs. $6B in gold). They were shrewd investors in Europe and elsewhere
3. Europe owes Libya approx. $200B and can not pay.
4. IMF chokes whole Africa with $25B of cash. (Africa owes only $400B, less than Greece) Daffy plans to put IMF out of business in Africa.
Unlike Mubarak, Daffy[Khadaffi] and sons own nothing, it is all state property. Who controls the state, controls it sovereign wealth. I'd put a price tag on it at $5T.
Whatever might be said of Qaddafi's personal crimes, the Libyan people seem to be thriving. A delegation of medical professionals from Russia, Ukraine and Belarus wrote in anappeal to Russian President Medvedev and Prime Minister Putin that after becoming acquainted with Libyan life, it was their view that in few nations did people live in such comfort:In other words, being a citizen of Libya under Khadaffi's government is about as good a life as our planet has to offer. To want to rebel against that regime, a man would have to either be out of his mind, or be a member of the muslim-brotherhood branch of Al Quaeda to whom George Soros had said something like "Boys, you play ball with me, and I'll put you in charge of Libya and that five trillion dollars of wealth."
[Libyans] are entitled to free treatment and their hospitals provide the best in the world of medical equipment. Education in Libya is free, capable young people have the opportunity to study abroad at government expense. When marrying, young couples receive 60,000 Libyan dinars (about 50,000 US dollars) of financial assistance. Non-interest state loans and as practice shows, undated. Due to government subsidies the price of cars is much lower than in Europe and they are affordable for every family. Gasoline and bread cost a penny, no taxes for those who are engaged in agriculture. The Libyan people are quiet and peaceful, are not inclined to drink and are very religious.
They maintained that the international community had been misinformed about the struggle against the regime. "Tell us," they said, "who would not like such a regime?"
In other words, they have created the mechanism for controlling the wealth of Libya according to George Soros' rules and the rules of the world's big banks.
Several writers have noted the odd fact that the Libyan rebels took time out from their rebellion in March to create their own central bank - this before they even had a government. Robert Wenzel wrote in the Economic Policy Journal:
I have never before heard of a central bank being created in just a matter of weeks out of a popular uprising. This suggests we have a bit more than a rag tag bunch of rebels running around and that there are some pretty sophisticated influences.
Alex Newman wrote in the New American:
In a statement released last week, the rebels reported on the results of a meeting held on March 19. Among other things, the supposed rag-tag revolutionaries announced the "[d]esignation of the Central Bank of Benghazi as a monetary authority competent in monetary policies in Libya and appointment of a Governor to the Central Bank of Libya, with a temporary headquarters in Benghazi."
Newman quoted CNBC Senior Editor John Carney, who asked, "Is this the first time a revolutionary group has created a central bank while it is still in the midst of fighting the entrenched political power? It certainly seems to indicate how extraordinarily powerful central bankers have become in our era."
I just think it is appropriate that Obama is using a salvo of 500,000.00 cruise missiles to hit a convoy of trucks costing 50,000.00 carrying cargo worth 5,000.00 dollars being driven by conscripts earning 500.00.
First I’ve heard about the rebels setting up a central bank. This should be all over the news. Of course, the MSM doesn’t even seem to be interested in finding out who the rebels really are.
Ping!
The second thing they did, after the Central Bank, was to hire a world-class PR firm.
Tomahawks cost significanyly more than that, Robert.
It’s always about the money.
Thanks Robert A. Cook, PE.
ping
marker
Have to say that Libya is in much financial shape than this country ! $oro$ need some rope around his neck and needed it since 1945 !
ping
At the very least every member of congress should be aware of this one.
Follow the Marxist Money BUMP
And as a bonus, Libya can join Egypt in being ruled by the Moslem Brotherhood.
Lots of dots, but no real connections just theories, speculation, and conspiracy theories; all forgetting that even when there is correlation that correlation is not causation.
Laying out dots and running your own lines between the dots does not even mean that the lines actually exist anywhere other than on your sheet of paper.
Try asking me if I care whether or not YOU can see it...
African Development Bank is primarily bankrolled by Libya and many African countries rely on it's funds. It is one of the reasons why there is a support to Gaddafi among African nations and why only 9 of 23 Arab nations actually voted in favor of intervention in Libya.
Attack on Libya is not only about Daffy, it will reflect on much of Africa.
The fact is, Rhodes disciples are losing the grip on Africa and China and Russia want to take advantage of it through South Africa, new BRIC member.
That explains why they allowed Libya being mauled.
What was the reason of Germany's reluctance? Libyan oil? No. Solar power. Site of DESERTEC foundation gives a hint
Like Ron Paul, Daffy is right on many fronts. But it creates enemies on many fronts as well. Politics is all about creating alliances, not enemies.
What was that original thing with the German dance hall which provoked Reagan to the semi-major air raid about? Was that just some sort of a youthful indiscretion or something??
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