Only in your mind....
"If
you are unaware of the global control of banking and politics then you are
woefully unaware of what is going on in the world."
Tony, you've got it backwards. You of all people. You have an
on-line business and unless you are demanding a cash remittance via snail mail
you are in concert with the "global control" that you think
exists. If you and everyone else thinks as you do - you could close down
your on-line business, open a store front and demand payment in person in cash
only. That's the way much of the world operated 150 years ago (along with
barter), and you can still do it today. Until you totally avoid banking of
any kind, you're simply not practicing what you say you believe.
I could give you an extensive history of banking or even just a smattering
but you simply wouldn't understand it. In the past 150 years in particular
the world has shrunk. It has become a global emporium and to participate
in the emporium requires international banking - far from perfect as I've said
before and I think that Bernanke of the Federal Reserve is woefully unqualified
for his position. He isn't being controlled by "global bankers"
- he's just plain stupid. Sorry Mr. George W. Bush, but that permeated
your administration from the top.
You can provide all the links you wish but it doesn't change the fact that we
are now more than ever a global community that requires cooperation in order to
exist. If you see that cooperation as a conspiracy, then there are
conspiracies on every street corner, in every neighborhood, and in every family.
Below are some notes from the current G20 meeting which is trying to resolve
the world economic ills and the Greek problem in particular. Tell me - who
is in the center controlling all of these conflicting statements? The
farther we travel in time on this planet, the more that cooperation amongst
nations and peoples will be required, and the more that happens the more some
folks will go nuts.
You have your focus externally. Real freedom begins
within. I have personally known several, from survivors of the Bataan
Death March to one who was pulled from a stack of dead bodies in a Nazi
concentration camp, all of whom had more freedom during the most severe portion
of their torture and incarceration than do the NWO freaks in their own warm,
safe, homes of today. You're still paranoid and living in fear.
Who is orchestrating the following meeting? Why are the statements
conflicting if there is someone controlling them? Do you suppose
that Angela Merkel is acting cantankerous because George W. Bush isn't giving
her a back rub? Or do you deny the fact that she has a voice of her
own? Gimme answers Tony.
http://online.wsj.com/article/BT-CO-20100424-701068.html?mod=WSJ_World_MIDDLE...
APRIL 24, 2010, 4:46 P.M. ET
LIVE: News And Notes From G-20, IMF And World Bank Meetings
In Washington
World financial leaders are gathered in Washington for three days of meetings
on the global economy. Among the issues greeting them: the Greek debt crisis,
unwinding the stimulus measures put in place during the financial crisis and
whether to tax banks for funds to protect against future crises.
On Saturday, Greek financial officials were slated to hold bilateral talks
with the U.S., Brazil and Russia and meet with IMF Managing Director Dominique
Strauss-Kahn. The International Monetary Fund's International Monetary and
Financial Committee also meets to provide direction to the IMF's policies,
including possible expansion of its mandate and giving developing countries more
power within the institution. Saturday's events follow a G-20 meeting of finance
ministers, where leaders failed to reach any specific agreements but said world
economies were recovering better than previously anticipated.
(16:45 EDT) Germany's hard line in the Greek debt crisis is beginning to look
distinctly unfashionable. While everyone else from Treasury Secretary Tim
Geithner to U.K. Chancellor Alistair Darling is insisting on a quick agreement
on the conditions of the aid package and a speedy disbursement, Angela Merkel is
holding out for more evidence of "credible austerity" before she
writes Greece a check. The degree of her isolation became clear when the
fiscally righteous Dutch argued that "too much time is being spent in the
process." The reason for German intransigence is clear: Merkel knows that
any aid check will outrage domestic voters, and there's barely a week to go
before elections in Germany's biggest state, North Rhine-Westphalia. (Geoffrey
Smith)
(15:30 EDT) Italian Finance Minister Giulio Tremonti is a sly politician. His
latest trick over Italy's public debt may be believed by the public back at
home, but international markets are unlikely to buy it. Tremonti attempted to
downplay Italy's huge debt load, which compared to the size of its economy was
higher than Greece's in 2009, by going on Italian-controlled TV and waving a
table he said was from the IMF that "showed Italy alongside Germany on
public debt." But official European numbers show that the debt of Germany,
known for its fiscal rectitude, stood at 73.2% of GDP in 2009. Italy's debt was
115.8% of GDP last year, slightly higher than Greece's 115.1% of GDP. So what
was the table about? Tremonti's spokesman brought a copy and, yes, it does show
Italy next to Germany and Canada. But it's only a complex estimate of budget
cuts that would be required to cut the debt to 60% of GDP in 2030--and no source
is mentioned. (Luca Di Leo)
(15:26 EDT) Questions about the Greece crisis dominated a closing press
conference of the IMF's monetary and financial committee, but answers didn't.
IMF head Strauss-Kahn was ready for the onslaught with a concise--and polite--no
comment. "All the results of the negotiations the IMF has with the Greeks
will be available at the end of the negotiations," Strauss-Kahn said,
shutting down the first Greek question with political precision. This answer or
one like it applied each time as reporters probed for details on the Greek aid
package, such as whether the beleaguered euro-zone country needs more aid than
the EUR45 billion package being discussed. (Mark H. Anderson and Tom Barkley)
(15:11 EDT) Argentina continues to maintain its black sheep reputation in the
international community. After Finance Minister Amado Boudou nixed the prospects
of reaching an agreement with the IMF to restart economic surveillance
consultations earlier this week, fund officials made it clear the country's
refusal to share economic information is a hindrance to both its own economic
progress and to others in an increasingly economically interdependent world.
That Argentina is in the G-20 and thus by definition a "systemically
important" country makes this all the more important, said Nicolas
Eyzaguirre, the fund's director for the western hemisphere. "Not having
full information about one country that is systemically important impairs the
ability of other ones to design their policies in the best possible way,"
Eyzaguirre said. (Michael Casey)
(13:27 EDT) Could Greece get some help from cash-rich China? People's Bank of
China's deputy governor Yi Gang didn't give a straight answer when asked by
reporters earlier Saturday morning. Instead, Yi said China was a stable force in
financial markets and that he is confident the EU and the euro zone would
address the Greece problems. Still, China has more than $2 trillion foreign
reserves, the world's largest, and could play a secondary stabilizing role if
the bailout package gave China confidence to buy some Greek bonds. (Min Zeng)
(13:16 EDT) Oil cartel OPEC took advantage of the IMF meeting to push its
argument that speculation--and not simple supply and demand fundamentals--is
largely to blame for crude price volatility. It said regulatory reform--one of
the issues that world finance ministers are focusing on here--would be a key
factor to avoid future price spikes and encourage market stability. It also
signaled that despite prices that are threatening to push to $90 a barrel, it's
taking a wait-and-see attitude to adding oil to the market. Although there are
positive indications of a global recovery, there are mixed economic signals from
the biggest consumer of oil, OECD states, and building petroleum inventories,
said OPEC's head of petroleum studies Mohammad Alipour-Jeddi. (Ian Talley)
(13:16 EDT) Mario Draghi seems prescient Friday by suggesting the G-20
consider any bank tax proposals against a holistic approach to financial reform,
which the Financial Stability Board chairman said would help "counter
financial industry claims that the reforms could derail the economic and
financial recovery." Sure enough, the G-20 received a letter Saturday from
the Institute of International Finance--made up of world's largest financial
institutions--complaining about the "extra potential burden" from bank
taxes on top of possible tougher capital and liquidity requirements. IIF
Managing Director Charles Dallara echoed Draghi's warning, saying the IMF's
proposal for a flat tax on liabilities could actually discourage low-risk
business and work against efforts to reduce systemic risk. (Tom Barkley)
(11:34 EDT) World financial leaders are engaged in a not-so-artful dance with
China as they try to pressure Beijing into revaluing its currency, the yuan,
without offending it. To save face, it seems, the undervalued yuan got no formal
reference in the official G-20 communique Friday. That didn't stop U.S. Treasury
Secretary Geithner from saying afterwards that he expects China to reform its
currency regime "because it is in their interest." Nor did it stop EU
economic and monetary affairs commissioner Olli Rehn from stating Saturday that
"Chinese authorities are encouraged to implement soon a more flexible
exchange rate regime." For his part, Brazilian finance minister Guido
Mantega said the yuan-dollar peg "hurts other countries," but he said
the real problem is the weak dollar. Mantega also threw out a curve ball: He and
his Chinese counterpart, Xie Xuren, are discussing some sort of
"differentiated exchange rate regime" so that bilateral trade can be
conducted in "local currencies" to "avoid fluctuations"
caused by the dollar's movements. Huh? (Michael Casey)
(10:29 EDT) Where's Papa? Greek Finance Minister George Papaconstantinou
reportedly arrived in Washington in the dark of night Saturday wearing a
tracksuit and checked into a luxury hotel near the White House. But the Greek
financial delegation later sneaked past teams of journalists unnoticed and,
presumably, found its way into the secure perimeter where world financial
leaders were huddled for a day of meetings. Papaconstantinou on Saturday is
expected to meet privately with the IMF's Strauss-Kahn, U.S. Treasury Secretary
Timothy Geithner and Brazilian and Russian financial leaders. (Mark H. Anderson
and Luca Di Leo