The Bank for International Settlements, otherwise
known as the BIS, should more aptly be named the Bank for International
division and domination. It's clearly an institution with global
reach, whose hidden covert purpose is to impose the financial
globalist's agenda on all sovereign nation states. The luminous photo
below is of their luxurious Headquarters.
Ten
times a year, once a month except in August and October, a small group
of well dressed men arrives in Basel, Switzerland. Carrying elegant
overnight bags and stylish brief cases, they discreetly check into the
Euler Hotel, across from the railroad station. They come to this quiet
city from places as disparate as Tokyo, Paris, Brasília, London, and
Washington, D.C., for the regular meeting of the most exclusive,
secretive, and powerful supranational club in the world.
Each
visiting member has his own office at the club, with secure telephone
lines to his home country. These elite international bankers are fully
serviced by a permanent staff of about 300, including chauffeurs, chefs,
guards, messengers, translators, stenographers, secretaries, and
researchers. Also at their disposal are a brilliant research unit, well
equipped medical facility and deep underground bunker, as well as a
secluded country club with tennis courts and a swimming pool, a few
kilometers outside of Basel.
Undoubtedly,
we have all heard of this all important international organization, but
how many of us really know much about it, or even understand its
intended purpose. The only thing that I knew about this powerful global
entity was that it is often described as the Central Bank of Central
Banks. Clearly, we all need to know more, let's constructively begin
with some benign elementary historical background transcribed from
Investopedia, and also lay out the venerable institution's specific functions & mission statement, directly from the BIS
website itself.
Founding and brief History of the BIS:
Founded
in 1930, the Bank for International Settlements is the oldest global
financial institution and operates under the auspices of international
law. But from its inception to the present day, the role of the BIS has
been ever-changing, as it adapts to the dynamic global financial
community and its needs. The BIS was created out of the Hague Agreements
of 1930 and took over the job of the Agent General for Repatriation in
Berlin. When established, the BIS was responsible for the
collection, administration and distribution of reparations from Germany -
as agreed upon in the Treaty of Versailles.
After
World War II, the BIS turned its focus to the defense and
implementation of the World Bank's Bretton Woods System. Between the
1970s and 1980s, the BIS monitored cross-border capital flows in the
wake of the oil and debt crises, which in turn led to the development of
regulatory supervision of internationally active banks. More
recently, it has concentrated its efforts on the global financial
stability and capital reserve requirement accords. The BIS has also
emerged as an emergency "funder" to nations in trouble, coming to the
aid of countries such as Mexico and Brazil during their debt crises in
1982 and 1998, respectively. In cases like these, where the
International Monetary Fund is already in the country, emergency funding
is provided through the IMF structured program.
The
BIS has also functioned as trustee and agent. For example, from 1979 to
1994, the BIS was the agent for the European Monetary System, which is
the administration that paved the way for a single European currency. Today,
the BIS has become the central bank of central banks. The Bank now
represents the interests of nearly all of the world's central bank
institutions, and manages a significant share of their reserves,
including gold holdings. The organization now serves and presides over
60 central banks worldwide. Accordingly the BIS requires the
capital/asset ratio of central banks to be above a prescribed minimum
international standard, for the protection of all central banks
involved.
In broad outline, the BIS pursues its mission by:
- Promoting discussion and facilitating collaboration among central banks.
- Supporting dialogue with other authorities that are responsible for promoting financial stability.
- Conducting research on policy issues confronting central banks and financial supervisory authorities.
- Acting as a prime counterparty for central banks in their financial transactions.
- Serving as an agent or trustee in connection with international financial operations.
Now
that we are up to speed on the BIS's alleged "raison d'etre", and fully
indoctrinated in the organization's whitewashed history, self
proclaimed mission statement and assumed functions, let's expose the
true nature of this supposedly benign bastion of banking balance. Trust
me, they are anything but the modest measured men of monetary
moderation and management they purport to be. This odious institution
is nothing but a conceited cunning cabal of carnivorous cannibals bent
on global financial domination, who deftly deploy dreaded debt
disbursements the world over. They will stop at nothing to achieve their
ends, absolutely nothing.
To
fully comprehend the self-serving nature of the BIS, one has to
understand that it is an autocratic institution run by a very select
group of the highest ranking bankers on the planet, representing both
private banking interests, as well as those of the vast worldwide
network of central banks that are ultimately owned by those same private
commercial & financial interests. It is important to note that
these top flight international bankers have intentionally organized
themselves, so as not to be directed by their own national governments
for the crucial decisions and actions they take. In effect, they are a
supranational organization, controlled by an elite group of men, who
preside over most of the world's financial and monetary systems of
exchange which regulate and facilitate most of the globe's commerce.
The
supreme inner club is made up of the half-dozen powerful central
bankers at the apex of a privately devised international monetary
system. Their dictate, which enshrines the inner club from the rest of
the lessor BIS members, is the firm belief that central banks should act
independently of their home governments. Their controlling
organization is at the epicenter of global finance, and has inherently
become increasingly connected and indispensable over time by design. A
glaring early example of their self-serving grandiosity can be found in
their despicable double dealings before the outbreak and during the
hostilities of the World Wars.
The
following passage, by well-respected financial historian Adam LeBor,
details the nefarious activities of Thomas McKittrick, a former
president of the BIS:
The
BIS was founded in Basel in 1930, where it is still headquartered
today. Ostensibly set up as part of the Young Plan to administer German
reparations payments for WWI, its real purpose was detailed in its
statutes: to “promote the cooperation of central banks and provide
additional facilities for international financial operations.” The
establishment of the BIS was the culmination of the central bankers’
decades-old dream to have their own bank powerful, independent, and free
from interfering politicians and nosy reporters.
Under
the terms of the founding treaty, the bank’s assets could never be
seized, even in times of war. Most felicitous of all, the BIS was
self-financing and would be in perpetuity. Its clients were its own
founders and shareholders, the central banks. The BIS, boasted Gates
McGarrah, an American banker who served as its first president, was
“completely removed from any government or political control.” McKittrick’s
involvement with the BIS began in 1931, when he joined the German
Credits Arbitration Committee, which adjudicated disputes involving
German commercial banks. One of the other two members was Marcus
Wallenberg, of Sweden’s Enskilda Bank, who taught McKittrick about the
intricacies of international finance. Marcus and his brother Jacob were
two of the most powerful bankers in the world. During the war, the
Wallenberg brothers used Enskilda Bank to play both sides and harvest
enormous profits.
In
May 1939 McKittrick was offered the position of president of the BIS,
which he readily accepted. As head of the BIS, headquartered in Basel,
from 1940 to 1946, McKittrick played a crucial role in abetting Hitler’s
war—and, at the same time, in revealing details about his Nazi
colleagues to his friends in Washington, D.C. On McKittrick’s watch, the
BIS willingly accepted looted Nazi gold, carried out foreign exchange
deals for the Reichsbank, and recognized the Nazi invasion and
annexation of conquered countries. By doing so, it also legitimized the
role of the national banks in the occupied countries in appropriating
Jewish-owned assets. Indeed, the BIS was so indispensable to the overall
Nazi project that the vice-president of the Reichsbank, Emil Puhl, who
was later tried for war crimes, once referred to the BIS as the
Reichsbank’s only “foreign branch.” In the closing months of the war, as
American GIs fought their way across Europe, McKittrick was arranging
deals with Nazi industrialists to guarantee their profits after the
Allied victory.
Additionally, the following indictment from Wikipedia:
As
a result of Nazi collaboration allegations, at the Bretton Woods
Conference held in July 1944, Norway proposed the "liquidation of the
Bank for International Settlements at the earliest possible moment".
This resulted in the BIS being the subject of a disagreement between the
American and British delegations. The liquidation of the bank was
supported by other European delegates, as well as the United States
(including Harry Dexter White, Secretary of the Treasury, and Henry
Morgenthau),[6] but opposed by John Maynard Keynes, head of the British
delegation. Fearing that the BIS would be dissolved by President
Franklin Delano Roosevelt, Keynes went to Morgenthau hoping to prevent
the dissolution, or have it postponed, but the next day the dissolution
of the BIS was approved. However, the liquidation of the bank was never
actually undertaken.[7] In April 1945, the new U.S. president Harry S.
Truman and the British government suspended the dissolution, and the
decision to liquidate the BIS was officially reversed in 1948.
Fast
forward to Today. Would the very same elite banking interests not be
behind the destabilization and financing of multiple military conflicts
sprouting up all over the globe? After all, the U.S. just finished
squandering over $3 trillion endlessly tussling with a fanatical bunch
of burka wearing nomads in the sparse mountains of Afghanistan for well
over a decade. In the end, what, and who the hell was all of that money
really for? Might it be supranational bank financing concerns
funneling their central bank issued easy money government treasury
funding directly into the military industrial complex.
MENA,
after years of relative calm imposed by despotic regimes often
legitimized by Western commercial interests, suddenly, all at once,
seemingly out of nowhere, rose up in a spontaneous combustion of
political awareness, the so called Arab Spring, which has brought as
much disillusionment as promise. What was really behind this? While
Syria, on the other hand, has been in a perpetual state of war due to
ISIS insurgents supported by the U.S., Saudi Arabia, and Israel. Iraq
is on the verge of complete disintegration as the same western organized
ISIS move in on Baghdad. Libya is erupting, with American, British and
French embassy's being swiftly evacuated. What gives? Are all of
these simultaneous regional conflicts simply a sheer coincidence?
Further war financing requirements perhaps.
The
Hamas / Israel connection has certainly duped many, even though it is
historical fact that the creation of Hamas itself was funded and
supported by covert elements of the Israel government. Why did Israel
put money and arms at the disposal of Muslim extremist groups like Hamas
and ISIS, only to enter into brutal conflict with them later? Again,
are the international bankers involved here as well? Why bother with
inflation when you can create DeathFlation!
The
Ukraine crisis is only further intensifying after the attack on
Malaysian flight MH17. In just the past week, the EU has instituted
serious economic and financial sanctions, fighting has become even more
fierce in the ethnic Russian speaking regions, and Russia itself has
been accused of firing heavy artillery into the war zone.
Moreover,
the U.S. now claims that Russia has demonstrably violated the terms of
the Intermediate Range Nuclear Forces treaty. Astonishingly, assistant
Secretary of State, Victoria Nuland recently proudly trumpeted that U.S.
sponsored NGOs (Non Governmental Organizations) had spent over $5
billion fomenting political protest on the ground in Kiev, in order to
destabilize and ultimately overthrow the former president of Ukraine,
Victor Yanukovych. Again, who or what institution actually facilitated
the financing of such an excessive amount of funds, and why?
Is
it simply the usual bane of proxy war profiteering which is underway,
or is something more sinister also a foot here. Is the western central
bank hegemonic monetary system attempting to further assert itself on
the arising and defiant BRICS? Moreover, since all out military
conflict is no longer a viable option, due to assured mutual destruction
from imposing nuclear arsenals, another most effective avenue for
global domination would be via strategic financial and economic power.
Is this what the international banking cabal is now seizing upon?
A
significant example of a BIS sponsored strategic global economic
initiative, orchestrated by its self-serving megalomaniac banking power
brokers, was its behind the scene’s role in devising and pushing forward
the concept for a European Union with a single common currency. It
established a new role for itself in the postwar world, first as the
financial mechanism for American efforts to rebuild Europe, and then for
the accelerating project of European unification. Some believe that
the trans-national vision of a modern Europe ruled by mandarins in
Brussels and Basel was originally hatched and concocted in a secret
meeting held at the Bank for International Settlements.
Clearly,
the driving force behind the financial engineering ambitions of the
elite global bankers at the BIS has always been the same. Namely; to
further establish themselves as the indispensable international
financial body, whose ultimate authority supersedes any national
jurisdiction, thereby interminably dismantling and diminishing the
sovereignty of the individual nation states. In other words, they
consolidate their subjugation of the local citizenry by championing the
benefits of economies of scale which only globalization can achieve,
and, of course, that only their financial frameworks can administer.
The UN, EU, NAU, IMF, WBC, CFR, NATO, WTO, OECD, WHO, and a myriad other IGOs
(Intergovernmental organizations), all use much the same modus operandi
as the BIS to expand their dominion. In the end, it's mostly about
their self-seeking interests, entitled importance and institutional
aggrandizement. Throughout history, elite groups of men have always
attempted to subjugate the masses, this is no different. The once
magnificent self determined Republic of the United States, for the
people of the people, must stop these globalists dead in their tracks,
before their self-serving hubris and unrelenting drive for hegemony
brings unsuspecting Americans down to their knees.
Carroll Quigley, the renown academic historian, in his monumental tome
Tragedy and Hope published in 1966, clearly identified the underlying scheme of this scourge.
Having
studied the rise and fall of civilizations, Quigley found the
explanation of disintegration in the gradual transformation of social
"instruments" into "institutions", that is, transformation of social
arrangements functioning to meet real social needs into social
institutions serving their own purposes regardless of real social needs.
Many
discerning Americans are certainly aware of the prevalence of the false
Left/Right paradigm in American politics which is clearly driven by the
buying off of politicians via an army of private lobbyists on behalf of
avaricious corporate institutions and demanding special interest
groups. There is also a solid case to be made that our multinational
banking institutions directly serve to promote this debilitating
duplicitous demagoguery. The once esteemed news networks have also
degenerated into a cronyism cesspool of unabashed corporatism, no longer
reporting news, but rather dishing out distilled disinformation and
various valueless vicissitudes. Institutional disintegration indeed, Mr.
Quigley was flat out dead right back in 66'!
Professor Carroll Quigley directed his poignant prescient prose specifically at the Bank for International Settlements:
"The
Power of financial capitalism had a far reaching plan, nothing less
than to create a world system of financial control in private hands able
to dominate the political system of each country and the economy of the
world as a whole. This system was to be controlled in a feudalistic
fashion by the central banks of the world acting in concert, by secret
agreements arrived at in frequent meetings and conferences. The apex of
the system was to be the Bank for International Settlements in Basel,
Switzerland, a private bank owned and controlled by the world's central
banks, which were themselves private corporations. Each central bank
sought to dominate its government by its ability to control treasury
loans, to manipulate foreign exchanges, to influence the level of
economic activity in the country, and to influence co-operative
politicians by subsequent rewards in the business world."
The
ominous premise of this lengthy piece is precisely why the United
States should become increasingly alarmed as these globalists continue
to extend their supremacy. Just as the once proud independent self
governing sovereign nation states of Europe have become subservient to
an autocratic international banking class, which promptly imposed a
common currency, and is now actively crafting a fiscal union to complete
its ascendancy and authority, the United States also is a prime target
in the cross hairs of these very same avaricious financial oligarchs.
Make
no mistake, the likes of the BIS, IMF, IFC, OECD and the World Bank are
on a maniacal maraudering mission to subvert the existing U.S. monetary
system, via a crafty and cunning central bank, in our very own
complicit Federal Reserve.
In
my view, this is the only valid explanation as to why we are
systematically being driven off a fiscal and monetary cliff, almost as
if we were preforming a national financial and economic Hari Kari
ritual. At this point, they have mandated a market cataclysm and
deliberately determined the dollar's demise. To be sure, the BIS and IMF
are waiting in the wings with a new global means of exchange based on
an archetype of the presently established SDR mechanism.
Why else would the BIS be stating the following today regarding the FED's current monetary measures?
“The
temptation to postpone adjustment can prove irresistible, especially
when times are good and financial booms sprinkle the fairy dust of
illusory riches. The consequence is a growth model that relies too much
on debt, both private and public, and which over time sows the seeds of
its own demise. To return to sustainable and balanced growth, policies
need to go beyond their traditional focus on the business cycle and take
a longer-term perspective – one in which the financial cycle takes
centre stage…They need to address head-on the structural deficiencies
and resource misallocations masked by strong financial booms and
revealed only in the subsequent busts. The only source of lasting
prosperity is a stronger supply side. It is essential to move away from
debt as the main engine of growth."
Ask
yourselves, if Janet Yellen sits on the Board of Directors of the BIS,
why have she and all her 21st century predecessors been conducting a
brazen, unproven, uncharted and surely precarious monetary policy with
complete abandon, that totally contradicts the sage and proven advice,
judiciously laid out above, by the very institution which is central to
monitoring, regulating and advising on global central bank direction.
Something
stinks here, it just doesn't add up. Is our Federal Reserve, whose top
leadership also happens to be elite members of the BIS banking cabal
club, actually double dealing here? Setting us up for a great fall, so
the financial globalists can come sweeping in to our rescue, installing
themselves as our monetary overlords? Far fetched, you say? Remember,
this is well within their past predatory precepts, and typical of their
self-serving Modus Operandi!
If we can't convince you, perhaps the view of billionaire hedge-fund legend Paul Singer will:
We
were astounded to learn that the board of the BIS is comprised of none
other than the heads of the major central banks of the developed world!
Yes – Yellen, Draghi, et al! So, these central bankers are
simultaneously failing to tell their respective governments that (1)
monetary policy has done enough; (2) monetary policy is causing massive
risks and distortions; and (3) political leaders must grab the reins and
make structural changes, these same central bankers are authorizing BIS
reports that will enable them to say, after the coming multifactor
crisis, that they told us about the risks.
We
wonder who from the Fed authorized the report, and why they haven’t
shared these harsh views of Fed policy in the FOMC meeting minutes or
the endless public speeches by Fed officials. It is duplicitous for the
Fed to authorize the views in the BIS report yet keep quiet about them
elsewhere. But then, the Fed has never accepted much responsibility for
the 2008 crisis, despite its decisions to keep interest rates
artificially low for an extended period of time, to do a poor job of
regulating the banking system and to abet Fannie and Freddie in their
utter irresponsibility. History rhymes. The Fed has created the fuel for
another crisis, seems to know it judging by the BIS report, and yet is
covering itself with an "I told you so" report from the BIS rather than
changing course.
In
closing, the following list identifies the current Board of Directors
who preside over the Bank for International Settlements today, see if
you recognize any of these supranational scoundrels.
The BIS Board of Directors:
Chairman:
Christian Noyer, Paris Mark Carney, London Agustín Carstens, Mexico
City Luc Coene, Brussels Jon Cunliffe, London Andreas Dombret, Frankfurt
am Main Mario Draghi, Frankfurt am Main William C Dudley, New York
Stefan Ingves, Stockholm Thomas Jordan, Zurich Klaas Knot, Amsterdam
Haruhiko Kuroda, Tokyo Ann Le Lorier, Paris Stephen S Poloz, Ottawa
Raghuram Rajan, Mumbai Jan Smets, Brussels Alexandre A Tombini, Brasília
Ignazio Visco, Rome Jens Weidmann, Frankfurt am Main Janet L Yellen,
Washington Zhou Xiaochuan, Beijing
The Globalists are indeed on the move...............
