By Susanne Posel | Occupy Corporatism
The European Central Bank (ECB) is setting the stage of a complete financial collapse of fiat currencies across the globe. Joining in the scheme are other technocratic institutions such as the Federal Reserve, the Bank of Canada, the Bank of England, the Bank of Japan and the Swiss National Bank.
Under the guise of preventing a system failure during the global financial crisis, there will be “an extension of the existing temporary US dollar liquidity swap arrangements until February, 1 2014.” This action allows the central bankers to liquidate currencies under their jurisdiction “should market conditions so warrant.” Under this plan, euros backed by nothing can continue to pour into the system throughout the Eurozone “in addition to the existing liquidity-providing operations” in the US. This liquidation will take place “until further notice.”
The ECB Governing Council will oversee the operations of this scheme along with the other technocrats involved. The schedule of liquidity operations will “repurchase transactions against eligible collateral.”
The technocrats are posturing themselves to destroy all fiat currencies in order to make way for a new global currency under their complete control. True to the intricate plans of the technocrats, the UN has proposed a complete overhaul in the report entitled, “Adapting the International Monetary System to Face 21st Century Challenges”.
They call for a “more intense debate on and reforms to the international monetary system imply that the current system is unable to respond appropriately and adequately to challenges that have appeared, or become more acute, in recent years. This paper focuses on four such challenges: ensuring an orderly exit from global imbalances, facilitating more complementary adjustments between surplus and deficit countries without recessionary impacts, better supporting international trade by reducing currency volatility and better providing development and climate finance. After describing them, it proposes reforms to enable the international monetary system to better respond to these challenges.”
Earlier this week, the Fed announced more stimulus admit the looming fiscal cliff, unemployment and strategic inflation caused by QE3. More bond buying is taking place, which means the Fed continues to become America’s biggest land owner.
The third round of quantitative easing enacted by Ben Bernanke, chairman of the Federal Reserve Bank is nothing more than a massive land-grab in the domestic US by the technocrats under the guise of purchasing the mortgage-backed securities through the Federal Reserve to alleviate the pressure the banks are feeling from the bait-and-switch they caused.
Essentially, as the Fed buys the mortgage-backed securities, the central bankers will now own all those properties which were bundled and securitized. The experts are still coming to terms with how many homes, small business, small farms and other lands were mixed-up into this Ponzi scheme. The sum total numbers of victimized Americans are continuing to rise and are currently unknown. However, it is clear that as this monster grows, it will be the Federal Reserve at the helm, making sure that more Americans are displaced and foreclosed on.
Quantitative easing and its effects, according to the Bank of England, benefit “mainly the wealthy.” This plan boosts “the value of stocks and bonds by 26 percent, or about $970 billion.” It is understood that quantitative easing incites “social anger and unrest.”
Herman Van Rompuy, president of the EU said: “Even if the worse of the eurozone crisis is behind us, much still needs to be done. But all the hard work is beginning to pay off. A lot has been achieved over the course of a year.”
The technocrats, after having destroyed Greece financially, are in the process of a buy-back program in which Greek banks will become further indebted to the central bankers until they are complete stripped of sovereign debt (when the leaders of the nation had over the country to the banksters).
The ECB agreed to give any nation in the Euro-Zone a bailout if they agreed to hand over the country to them under the guise of “new rules and conditions when applying for assistance.”
Greece is very attractive to the technocrats. The nation has massive untouched resources of gold, oil and natural gas – literally under the feet of the Greek people. With Greece slated to be the biggest producer of gold in 2016, the motives behind the bankster’s coercion of the Greek government into sovereign debt begins to make sense.
The Greek government agreed to the technocratic demands for sovereign debt in exchange for the bailout which will push the Greek economy further down with more fiat pumped into the system. Meanwhile, the citizens of Greece will lose their independence, benefits and become serfs to the central banking cartels.
Greece has large deposits of gold. The Canadian based Eldorado Gold Corp (EGC) is more than willing to be part of the creation of gold mines in lieu of the financial collapse in Greece. Along with the Australian-owned Glory Resources, EGC is hoping their efforts will add 425,000 ounces of gold (worth an estimated $757 million) to the institution that ends up controlling Greece’s finances.
Other resources in Greece which places the nation in the hands of the banking cartels are the substantial sub-Mediterranean natural gas and petrol fields at the precipice of the country. Controlling Greek energy exports would be extremely profitable for the technocrats. Numerous European-based corporations are bidding to have contracts for the extraction of these resources.
The Swiss Federal Institute (SFI) in Zurich released a study entitled “The Network of Global Corporate Control” that proves a small consortiums of corporations – mainly banks – run the world. A mere 147 corporations which form a “super entity” have control 40% of the world’s wealth; which is the real economy. These mega-corporations are at the center of the global economy. The banks found to be most influential include:
• Goldman Sachs
• JPMorgan Chase & Co
• Vanguard Group
• UBS • Deutsche Bank
• Bank of New York Melon Corp
• Morgan Stanley
• Bank of America Corp
• Société Générale
Using mathematic models normally applied to natural systems, the researchers analyzed the world’s economy. Their data was taken from Orbis 2007, a database which lists 37 million corporations and investors. The evidence showed that the world’s largest corporations are interconnected to all other companies and their professional decisions affect all markets across the globe.