November 15, 2008 P. O. BOX 77 MIDDLETOWN, MD 21769 (301) 371-0541 THIS PRESENTATION IS OWNED AND...
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Transcript of November 15, 2008 P. O. BOX 77 MIDDLETOWN, MD 21769 (301) 371-0541 THIS PRESENTATION IS OWNED AND...
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November 15, 2008
P. O. BOX 77MIDDLETOWN, MD 21769
(301) 371-0541
www.womensgroup.org
THIS PRESENTATION IS OWNED AND COPYWRITED BY THE WOMEN’S INTERNATIONAL MEDIA GROUP, INC. AND MAY NOTBE REPRODUCED IN PART OR WHOLE WITHOUT THE WRITTEN
CONSENT OF TWIMG
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THE FINAL MOVE TOWORLD GOVERNMENT
• SUBPRIME CRISIS BECAME
• GLOBAL CREDIT CRISIS
• COUNTRIES OF THE WORLD TO TRANSFER NATIONAL SOVEREIGNTY OVER BANKS, INSURANCE COMPANIES, BROKERAGE FIRMS TO INTERNATIONAL STRUCTURE
• ON TARGET FOR GLOBAL CURRENCY
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GLOBAL ACTORS ABOVE THE NATION-STATE
IOSCO(STOCK EXCHANGES)
BANK FORINTERNATIONALSETTLEMENTS
IAIS(INSURANCE)
GROUP OF EIGHT:CANADA US ITALY FRANCE GERMANY UK JAPAN RUSSIA
THE UNITED NATIONS183 OTHER COUNTRIES
IMF WTO WORLD BANK
INT’L CHAMBERCOMMERCE
WORLD BUSINESSCOUNCIL S.D.
POW INT’L BUS.LEADERS FORUM
RIIA, CFR, TRI-LATERAL COM.
WORLD ECON. FORUM
UNESCO UNCTAD
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STEPS TO AN INTEGRATED WORLDECONOMIC1944-1975
POLITICAL 1945
TRADE 1994
LEGAL/JUDICIAL1998
INT’L FINANCIALARCHITECT1995-2005
MILITARY/INTELLIGENCE
2001
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FT 4/4/08
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STEPS TO INTEGRATED WORLD
FINANCIAL:1913-1930,1980, 1999,
2001, 2002, 2003
NATIONAL REGULATIONSOVER:
BANKS, INSURANCE,BROKERAGE
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INTERNATIONAL LEVEL OF GOVERNMENT ABOVE
NATION-STATES
FINANCIALIMF/WB
1944
POLITICALUNITED
NATIONS1945
TRADEWTO1994
LEGALINT’L
CRIMINALCT. 1998
MILITARYINTELLI
2001
GLOBALREGULATORY
2008-2009CREDIT CRISIS
COUNTRIES OF THEWORLD
GLOBAL ACCOUNTING RULES
GLOBAL SECURITY AND EXCHANGE COMMISSION - FSF
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INTERNATIONAL LEVEL OF GOVERNMENT ABOVE
NATION-STATES
FINANCIALIMF/WB
1944
POLITICALUNITED
NATIONS1945
TRADEWTO1994
LEGALINT’L
CRIMINALCT. 1998
MILITARYINTELLI
2001
GLOBALREGULATORY
2008-2009CREDIT CRISIS
COUNTRIES OF THEWORLD
GLOBAL ACCOUNTING RULES
GLOBAL SECURITY AND EXCHANGE COMMISSION - FSF
GLOBAL REGULATIONS IS THE FINALPIECE NEEDED TO COMPLETE TOTAL GLOBAL INTEGRATION AND
EMPOWERMENT OF INTERNATIONAL LEVEL
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CENTRAL BANKS OF THE WORLD SVERIGES RIKSBANK 1688 BANK OF ENGLAND 1694 BANK OF FRANCE 1803 DUTCH CENTRAL BANK 1814 REISCHBANK/BUNDESBANK 1870 BANK OF JAPAN 1882 FEDERAL RESERVE 1913 BANK OF CANADA 1934 COMECON COUNTRIES 1990’s BANK OF IRAQ 2004
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EDWARD WESSEX
(PRINCE EDWARD,“CROWN & COUNTRY”)
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KING WILLIAM II – LARGEST INVESTOR10,000 POUNDS OF THE 1.2M RAISED
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CENTRAL BANKS OF THE WORLD SVERIGES RIKSBANK 1688 BANK OF ENGLAND 1694 BANK OF FRANCE 1803 DUTCH CENTRAL BANK 1814 REISCHBANK/BUNDESBANK 1870 BANK OF JAPAN 1882 FEDERAL RESERVE 1913 BANK OF CANADA 1934 COMECON COUNTRIES 1990’s BANK OF IRAQ 2004
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FEDERAL RESERVE
PRINTS MONEY OUT OF THIN AIR
CHARGES THE FEDERAL GOVERNMENT INTEREST ONNEWLY CREATED MONEY
IS IN THE PROCESS OF TRANSFERRING KEY COMPONENTSOF THE FINANICAL SECTOR TO THEIR CONTROL:
CREDIT UNIONS, STATE CHARTERED BANKS,INSURANCE INDUSTRY, MORTGAGE INDUSTRY,
PAYMENT AND SETTLEMENT SYSTEMS,TO CONTROL PAYMENT AND SETTLEMENT SYSTEMS
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FEDERAL RESERVE
Why CAN’T WE THE PEOPLE FORGIVEOURSELVES THE INTEREST ON THE DEBT?
WE OWE IT TO A PRIVATE CORPORATION
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THE BANK FOR INTERNATIONAL SETTLEMENTS
THE BANK FOR INTERNATIONAL SETTLEMENTS
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THE APEX OF [FINANCIAL CAPITALISM]WAS TO BE THE
BANK FOR INTERNATIONAL SETTLEMENTSIN BASLE, SWITZERLAND, A PRIVATE
BANK OWNED AND CONTROLLEDBY THE WORLD’S CENTRAL BANKSWHICH THEY WERE THEMSELVES
PRIVATE CORPORATIONS.”DR. CARROLL QUIGLEY, TRAGEDY AND HOPE, P. 325
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IAIS(INSURANCE)
BIS(CENTRAL BANKS)
IOSCO(SEC)
WORLD’SINSURANCE
SUPERVISORS
WORLD’SCENTRAL
BANKS
WORLD’SSTOCK
EXCHANGES
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BANK FOR INTERNATIONAL
SETTLEMENTS - BIS
FINANCIAL STABILITY FORUM – GLOBAL REGULATOR
G7 (G20) CENTRAL BANK MINISTERS
G7 (G20) TREASURY SECRETARIES
G7 (G20) REGULATORY AGENCIES
BCBS IAIS OECD IOSCO IMF/WB
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THE DEPARTMENT OF THE TREASURY
Henry M. Paulson, Jr.Secretary
Robert K. SteelUnder Secretary for Domestic Finance
David G. NasonAssistant Secretary for Financial Institutions
Contributors:Kelly Ayers
Heather EtnerJohn Foley, IIIGerry HughesTimothy HuntKristen Jaconi
Charles KlingmanC. Christopher Ledoux
Peter NickoloffJeremiah Norton
Philip QuinnHeidilynne Schultheiss
Michael ScottJeffrey Stoltzfoos
Mario UgolettiRoy Woodall
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BANKS BANK HOLDING COMPANIES SAVINGS AND LOANS THRIFTS CREDIT UNIONS
BANKS BANK HOLDING COMPANIES SAVINGS AND LOANS THRIFTS CREDIT UNIONS
CHANGE FEDERAL BANKING CHARTER
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SWITCH OVERSIGHT OF ENTIRE INSURANCE INDUSTRY FROM STATE LEVEL TO FEDERAL LEVEL
SWITCH OVERSIGHT OF ENTIRE INSURANCE INDUSTRY FROM STATE LEVEL TO FEDERAL LEVEL
INSURANCE INDUSTRYINSURANCE INDUSTRY
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SWITCH OVERSIGHT OF ENTIRE INSURANCE INDUSTRY FROM STATE LEVEL TO FEDERAL LEVEL
SWITCH OVERSIGHT OF ENTIRE INSURANCE INDUSTRY FROM STATE LEVEL TO FEDERAL LEVEL
INSURANCE INDUSTRYINSURANCE INDUSTRY
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CREATE OVERSIGHT SYSTEM FOR MORTGAGE INDUSTRY (50% SUBPRIME MADE WITHOUT FEDERAL SUPERVISION)
CREATE MORTGAGE ORIGINATION COMMISSION
CREATE OVERSIGHT SYSTEM FOR MORTGAGE INDUSTRY (50% SUBPRIME MADE WITHOUT FEDERAL SUPERVISION)
CREATE MORTGAGE ORIGINATION COMMISSION
MORTGAGE INDUSTRY MORTGAGE INDUSTRY
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CREATE OVERSIGHT SYSTEM FOR MORTGAGE INDUSTRY (50% SUBPRIME MADE WITHOUT FEDERAL SUPERVISION)
CREATE MORTGAGE ORIGINATION COMMISSION – FED OVERSIGHT
CREATE OVERSIGHT SYSTEM FOR MORTGAGE INDUSTRY (50% SUBPRIME MADE WITHOUT FEDERAL SUPERVISION)
CREATE MORTGAGE ORIGINATION COMMISSION – FED OVERSIGHT
MORTGAGE INDUSTRY MORTGAGE INDUSTRY
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PAYMENT AND SETTLEMENT SYSTEM
FEDERAL RESERVE SHOULD BE GIVEN RESPONSIBILITYFOR PAYMENT AND SETTLEMENT SYSTEMS OVERSIGHT
FEDERAL RESERVE SHOULD BE GIVEN RESPONSIBILITYFOR PAYMENT AND SETTLEMENT SYSTEMS OVERSIGHT
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MARKET STABILITY REGULATOR“LENDER OF LAST RESORT”
♦ MARCH 2008 - $200B ♦ MARCH 2008 - $236B ♦ TOOK CONTROL OF FANNIE AND FREDDIE ♦ BRIDGE LOAN TO AIG ♦ OPENED 24 HOUR ACCESS FOR GLOBAL CENTRAL BANK FUNDS TO INJECT $180B INTO THE GLOBAL SYSTEM
♦ MARCH 2008 - $200B ♦ MARCH 2008 - $236B ♦ TOOK CONTROL OF FANNIE AND FREDDIE ♦ BRIDGE LOAN TO AIG ♦ OPENED 24 HOUR ACCESS FOR GLOBAL CENTRAL BANK FUNDS TO INJECT $180B INTO THE GLOBAL SYSTEM
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MARKET STABILITY REGULATOR“LENDER OF LAST RESORT”MARKET STABILITY REGULATOR
“LENDER OF LAST RESORT”
SEPT 16 FED PUTS $70B INTO SYSTEMSEPT 18 FED AUTHORIZED $180B EXPANSION OF SWAP LINES WITH OTHER CENTRAL BANKS – FED, BOC, ECB, BOWE, SWISS NATL, BOJSEPT 25 HONG KONG CENTRAL BANK INJECTED $500M INTO MARKETSEPT 29 FED AUCTIONS $225B; INCREASES SWAP LINES TO $620B WITH 9 CENTRAL BANKSSEPT 29 EBC, SWISS NAT & BOE INJECTS $74B TO UNFREEZE GLBL MKTSOCT 6 FED TO PROVIDE $900B IN CASH LOAN TO SQUEEZED BANKS FED TO PAY INTEREST ON COMMERCIAL BANK RESERVES
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MARKET STABILITY REGULATOR“LENDER OF LAST RESORT”
♦ MARCH 2008 - $200B ♦ MARCH 2008 - $236B ♦ TOOK CONTROL OF FANNIE AND FREDDIE ♦ SEPT 16 - BRIDGE LOAN TO AIG ♦ OPENED 24 HOUR ACCESS FOR GLOBAL CENTRAL BANK FUNDS TO INJECT $180B INTO THE GLOBAL SYSTEM
♦ MARCH 2008 - $200B ♦ MARCH 2008 - $236B ♦ TOOK CONTROL OF FANNIE AND FREDDIE ♦ SEPT 16 - BRIDGE LOAN TO AIG ♦ OPENED 24 HOUR ACCESS FOR GLOBAL CENTRAL BANK FUNDS TO INJECT $180B INTO THE GLOBAL SYSTEM
MARKET STABILITY REGULATOR“LENDER OF LAST RESORT”
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TRANSFERS TO THE FEDERAL RESERVETHE LAST VESTIAGES OF OUR ECONOMIC
SOVEREIGNTYTHAT THEY CURRENTLY DO NOT
HAVE CONTROL OVER - $31T+
TRANSFERS TO THE FEDERAL RESERVETHE LAST VESTIAGES OF OUR ECONOMIC
SOVEREIGNTYTHAT THEY CURRENTLY DO NOT
HAVE CONTROL OVER - $31T+
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U.S. GOVERNMENT:
• CREDIT UNIONS• INSURANCE (ST)• MORTGAGE (0)• PAYMENT &
SETTLEMENT (WS)
FEDERAL RESERVE:
ENTIRE COMMERCIALBANKING SYSTEM
PRE-BLUEPRINT
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U.S. GOVERNMENT: FEDERAL RESERVE:
ENTIRE COMMERCIALBANKING SYSTEM• CREDIT UNIONS•INSURANCE•MORTGAGES•PAYMENT & SETTLEMENT•MARKET STABILITY REGULATOR
POST-IMPLEMENTATION OF BLUEPRINT
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THE GREAT AMERCIAN DEBT BUBBLE
BAD MONEY-KEVIN PHILLIPS
• ’06 DOMESTIC FINANCIAL $14,184B• FOREIGN FINANCIAL 1,764• TOTAL NONFINACIAL BUS. 9,031• TOTAL HOUSEHOLD 12,873• FEDERAL GOVERNMENT 4,885• STATE/LOCAL GOV’T 2,007• TOTAL US FIN/NON FIN. $44,744B
*1974 TOTAL: $2,407B - ROSE 18.59% A YEAR OVER 34 YEARS
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Senator Benton - Missouri
“THE GOVERNMENT ITSELF CEASES TO BE INDEPENDENT [and] SAFE WHEN THE
NATIONAL CURRENCY IS AT THE WILL OF
A COMPANY.” [FED RESERVE]
“ALL PROPERTY IS AT THEIR MERCY, THE PRICE OF REAL ESTATE, OF EVERY GROWING CROP, OF EVERY STAPLE
ARTICLE IS AT THEIR COMMAND.
STOCKS ARE THEIR PLAYTHINGS.”
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