Hawkings former plumber
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Location: RR1 Distopia 666 Discordia Drive Apt 911
December 31st, 2007, 04:28 PM
The global central bank is controlled by the Rothschild family.
By the 1820s, the Rothschilds had become the dominant banking family of Europe, controlling the fastest growing banking houses in France, England, Austria, Italy, and Germany. Operations in these countries were overseen by the five Rothschild brothers, each of whom controlled a different country. Those bankers who allied themselves with the Rothschilds and the Masonic Order became wealthy in their own right. Those who didn’t would find the going rough
At its zenith from the 1820s until the 1860s, this group had five distinct establishments. In addition to Nathan’s London, there was the original firm of M.A. Rothschild & Sons in Frankfurt…, which his eldest brother Amschel took over when their father Mayer Amschel died; the Rothschild Freres in Paris, founded by his youngest brother James; and two subsidiaries of the Frankfurt house, C.M. von Rothschild in Naples, run by the fourth of the brothers, Karl, and S.M. von Rothschild in Vienna, managed by the second born, Salomon. Up until the 1860s, the five houses worked together so closely that it is impossible to discuss the history of one without discussing the history of all five: they were, to all intents and purposes, the component parts of a multinational bank.
Mr. R.E. McMaster, the publisher of a financial newsletter called ‘The Reaper,’ was able to determine who the Fed’s principal owners were through his Swiss and Saudi Arabian contacts. According to McMaster, the top eight stockholders are Rothschild Banks of London and Berlin; Lazard Brothers Banks of Paris; Israel Moses Seif Banks of Italy; Warburg Bank of Paris; Israel Moses Seif Banks of Italy; Warburg Bank of Hamburg and Amsterdam; Lehman Brothers Bank of New York; Chase Manhattan Bank of New York; and Goldman, Sachs Bank of New York. These interests own the Federal Reserve System through approximately three hundred stockholders, all of whom are known to each other and are sometimes related to one another
Early in the 19th century the Pope came to the Rothschild’s to borrow money. The Rothschilds were very friendly with the Pope, causing one journalist to sarcastically say ‘Rothschild has kissed the hand of the Pope... Order has been reestablished.’ The Rothschild's in fact over time were entrusted with the bulk of the Vatican's wealth. The Jewish Ency., vol. 2, p. 497 states, ‘It is a somewhat curious sequel to the attempt to set up a Catholic competitor to the Rothschilds that at the present time (1905) the latter are guardians of the papal treasure.’ Researcher Eustace Mullins writes that the Rothschilds took over all the financial operations of the worldwide Catholic Church in 1823. Today the large banking and financial business of the Catholic Church is an extensive system interlocked with the Rothschilds and the rest of the International Banking system.
Rothschild influence spread worldwide. Rothschild influence over Japan’s dominant banking house of Nomura came through the friendship of Edmund Rothschild with Tsunao Okumura, the man most responsible for creating that financial giant.
Baron Edmond de Rothschild, who built the first pipeline from the Red Sea to the Mediterranean to bring Iranian oil to Israel and founded the Israel General Bank, was called ‘the father of modern Israel.
Amshel, as an eldest son, had become chief executive officer of Rothschild Asset Management in 1990 and ascended to the chairmanship in 1993… According to journalist Sally Bedell Smith, the Rothschild firm had suffered about $9 million in losses in the year preceding Amshel’s death. This came at a time when Evelyn Rothschild had just concluded a joint venture with the second largest bank in China. In an effort to absorb this loss, Amshel planned to consolidate the family’s far-flung operations into one $28 billion global concern.
The ‘Rhodes secret society’ was a group of imperial federalists, formed in the period after 1889 and using the economic resources of South Africa to extend and perpetuate the British Empire...
In each of his seven wills, Rhodes entrusted his bequest to a group of men to carry out his purpose…. In the second will (1882), the sole trustee was his friend N.E. Pickering. In the third will (188[IMG]file:///C:/Documents%20and%20Settings/Owner/My%20Documents/dec2907/prognosiscomments_files/soleil.gif[/IMG], Pickering having died, the sole trustee was Lord Rothschild…
The secret society, after so much preliminary talk, took form in 1891, the same year in which Rhodes drew up his fourth will and made Stead as well as Rothschild the trustee of his fortune. It is perfectly clear from the evidence that he expected Rothschild to handles the financial investments associated with the trust, while Stead was to have full charge of the methods by which the funds were used.
In studying Latin America's debt, CIAP (which Nelson would rename the Western Hemispheric Development Committee) would discover credit problems early so that rescheduling negotiations could begin to stretch out payments. This strategy effectively would put a public inter-American agency in charge of monitoring and insuring debt payments to private banks--like Chase [Manhattan], a leader in loans to Latin America... After the official release of the Rockefeller Report in October 1969, nationalists' floodgates that had held back American investment in the Amazon opened wide. General Emilio Garrastazu Medici, the generals' hand-picked successor to Costa e Silva, welcomed U.S. investment to Brazil in his first statement as president.
The lists and examples are endless.I can go on and on about who really controlls the worlds purse strings,money supply and who really is behind the Rockefellars,Bill Gates,The White House,The Christian right etc etc.
in the know | 12.30.07 - 6:32 pm | # [IMG]file:///C:/Documents%20and%20Settings/Owner/My%20Documents/dec2907/prognosiscomments_files/avatar_027.gif[/IMG] The Rhetoric of Al Gore: Not to Be Trusted
by Joshua Frank
Al Gore has become somewhat of an American idol these past few years.
After his departure from Washington in 2000 the ex-presidential candidate has switch-backed across the county giving thundering sermons to overflowing auditoriums and town halls. He's railed against
the Republican agenda in Iraq, denouncing President Bush and the
neocons at every turn. Gore is fast becoming the antiwar celebrity du
jour, capturing the imaginations of many who fear the vicious Bush cartel.
"Normally, we Americans lay the facts on the table, talk through the choices before us and make a decision. But that didn't really
The global central bank is controlled by the Rothschild family.
By the 1820s, the Rothschilds had become the dominant banking family of Europe, controlling the fastest growing banking houses in France, England, Austria, Italy, and Germany. Operations in these countries were overseen by the five Rothschild brothers, each of whom controlled a different country. Those bankers who allied themselves with the Rothschilds and the Masonic Order became wealthy in their own right. Those who didn’t would find the going rough
At its zenith from the 1820s until the 1860s, this group had five distinct establishments. In addition to Nathan’s London, there was the original firm of M.A. Rothschild & Sons in Frankfurt…, which his eldest brother Amschel took over when their father Mayer Amschel died; the Rothschild Freres in Paris, founded by his youngest brother James; and two subsidiaries of the Frankfurt house, C.M. von Rothschild in Naples, run by the fourth of the brothers, Karl, and S.M. von Rothschild in Vienna, managed by the second born, Salomon. Up until the 1860s, the five houses worked together so closely that it is impossible to discuss the history of one without discussing the history of all five: they were, to all intents and purposes, the component parts of a multinational bank.
Mr. R.E. McMaster, the publisher of a financial newsletter called ‘The Reaper,’ was able to determine who the Fed’s principal owners were through his Swiss and Saudi Arabian contacts. According to McMaster, the top eight stockholders are Rothschild Banks of London and Berlin; Lazard Brothers Banks of Paris; Israel Moses Seif Banks of Italy; Warburg Bank of Paris; Israel Moses Seif Banks of Italy; Warburg Bank of Hamburg and Amsterdam; Lehman Brothers Bank of New York; Chase Manhattan Bank of New York; and Goldman, Sachs Bank of New York. These interests own the Federal Reserve System through approximately three hundred stockholders, all of whom are known to each other and are sometimes related to one another
Early in the 19th century the Pope came to the Rothschild’s to borrow money. The Rothschilds were very friendly with the Pope, causing one journalist to sarcastically say ‘Rothschild has kissed the hand of the Pope... Order has been reestablished.’ The Rothschild's in fact over time were entrusted with the bulk of the Vatican's wealth. The Jewish Ency., vol. 2, p. 497 states, ‘It is a somewhat curious sequel to the attempt to set up a Catholic competitor to the Rothschilds that at the present time (1905) the latter are guardians of the papal treasure.’ Researcher Eustace Mullins writes that the Rothschilds took over all the financial operations of the worldwide Catholic Church in 1823. Today the large banking and financial business of the Catholic Church is an extensive system interlocked with the Rothschilds and the rest of the International Banking system.
Rothschild influence spread worldwide. Rothschild influence over Japan’s dominant banking house of Nomura came through the friendship of Edmund Rothschild with Tsunao Okumura, the man most responsible for creating that financial giant.
Baron Edmond de Rothschild, who built the first pipeline from the Red Sea to the Mediterranean to bring Iranian oil to Israel and founded the Israel General Bank, was called ‘the father of modern Israel.
Amshel, as an eldest son, had become chief executive officer of Rothschild Asset Management in 1990 and ascended to the chairmanship in 1993… According to journalist Sally Bedell Smith, the Rothschild firm had suffered about $9 million in losses in the year preceding Amshel’s death. This came at a time when Evelyn Rothschild had just concluded a joint venture with the second largest bank in China. In an effort to absorb this loss, Amshel planned to consolidate the family’s far-flung operations into one $28 billion global concern.
The ‘Rhodes secret society’ was a group of imperial federalists, formed in the period after 1889 and using the economic resources of South Africa to extend and perpetuate the British Empire...
In each of his seven wills, Rhodes entrusted his bequest to a group of men to carry out his purpose…. In the second will (1882), the sole trustee was his friend N.E. Pickering. In the third will (188[IMG]file:///C:/Documents%20and%20Settings/Owner/My%20Documents/dec2907/prognosiscomments_files/soleil.gif[/IMG], Pickering having died, the sole trustee was Lord Rothschild…
The secret society, after so much preliminary talk, took form in 1891, the same year in which Rhodes drew up his fourth will and made Stead as well as Rothschild the trustee of his fortune. It is perfectly clear from the evidence that he expected Rothschild to handles the financial investments associated with the trust, while Stead was to have full charge of the methods by which the funds were used.
In studying Latin America's debt, CIAP (which Nelson would rename the Western Hemispheric Development Committee) would discover credit problems early so that rescheduling negotiations could begin to stretch out payments. This strategy effectively would put a public inter-American agency in charge of monitoring and insuring debt payments to private banks--like Chase [Manhattan], a leader in loans to Latin America... After the official release of the Rockefeller Report in October 1969, nationalists' floodgates that had held back American investment in the Amazon opened wide. General Emilio Garrastazu Medici, the generals' hand-picked successor to Costa e Silva, welcomed U.S. investment to Brazil in his first statement as president.
The lists and examples are endless.I can go on and on about who really controlls the worlds purse strings,money supply and who really is behind the Rockefellars,Bill Gates,The White House,The Christian right etc etc.
in the know | 12.30.07 - 6:32 pm | # [IMG]file:///C:/Documents%20and%20Settings/Owner/My%20Documents/dec2907/prognosiscomments_files/avatar_027.gif[/IMG] The Rhetoric of Al Gore: Not to Be Trusted
by Joshua Frank
Al Gore has become somewhat of an American idol these past few years.
After his departure from Washington in 2000 the ex-presidential candidate has switch-backed across the county giving thundering sermons to overflowing auditoriums and town halls. He's railed against
the Republican agenda in Iraq, denouncing President Bush and the
neocons at every turn. Gore is fast becoming the antiwar celebrity du
jour, capturing the imaginations of many who fear the vicious Bush cartel.
"Normally, we Americans lay the facts on the table, talk through the choices before us and make a decision. But that didn't really
Knows No Bounds
Posts: 3,428
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Location: 50° 30' N, 104° 38' W
Videos: 2
Location: 50° 30' N, 104° 38' W
January 1st, 2008, 12:33 AM
It's even worse than you imagine, DB. It's the Ancient Illuminated Seers of Bavaria, founded in 1776 by Adam Weishaupt in Germany, usually known as the Illuminati, behind it all. Every conspiracy theory you've ever heard is true, and the Illuminati run them all. You can look it up. It all sounds like a paranoid fantasy, by design, so "right thinking" people will dismiss it as nonsense. Weishaupt didn't actually start the movement, it's really a continuation of a global system that started with the scientists and mystics of Atlantis 30,000 years ago before a major solar flare hit the earth at the moment when Atlantis happened to be facing it directly. They knew it was coming, so they set up a refuge for themselves in a remote part of Tibet. The Illuminati are responsible for all the mayhem and destruction around the world, because the process of transcendental illumination that generates their special knowledge and powers requires the psychic energy of many souls, and the easiest way to collect it is to kill off a whole lot of people at once. All the wars around the world throughout human history, all the mass loss of life, has been the Illuminati harvesting psychic energy. The 20th century was particularly good for them, and the 21st looks set to be pretty good too. And the date of Weishaupt's emergence, 1776, is no coincidence. The founders of the United States were Illuminati, the eye in the pyramid on U.S. currency has been one of the symbols of the Illuminati since Atlantean times. Their schemes operate on time frames of hundreds and thousands of years, but they're all about collecting psychic energy and joining the universal consciousness, becoming one with the immortality of the cosmos.
It's even worse than you imagine, DB. It's the Ancient Illuminated Seers of Bavaria, founded in 1776 by Adam Weishaupt in Germany, usually known as the Illuminati, behind it all. Every conspiracy theory you've ever heard is true, and the Illuminati run them all. You can look it up. It all sounds like a paranoid fantasy, by design, so "right thinking" people will dismiss it as nonsense. Weishaupt didn't actually start the movement, it's really a continuation of a global system that started with the scientists and mystics of Atlantis 30,000 years ago before a major solar flare hit the earth at the moment when Atlantis happened to be facing it directly. They knew it was coming, so they set up a refuge for themselves in a remote part of Tibet. The Illuminati are responsible for all the mayhem and destruction around the world, because the process of transcendental illumination that generates their special knowledge and powers requires the psychic energy of many souls, and the easiest way to collect it is to kill off a whole lot of people at once. All the wars around the world throughout human history, all the mass loss of life, has been the Illuminati harvesting psychic energy. The 20th century was particularly good for them, and the 21st looks set to be pretty good too. And the date of Weishaupt's emergence, 1776, is no coincidence. The founders of the United States were Illuminati, the eye in the pyramid on U.S. currency has been one of the symbols of the Illuminati since Atlantean times. Their schemes operate on time frames of hundreds and thousands of years, but they're all about collecting psychic energy and joining the universal consciousness, becoming one with the immortality of the cosmos.
Hawkings former plumber
Posts: 8,775
Videos: 1
Location: RR1 Distopia 666 Discordia Drive Apt 911
Videos: 1
Location: RR1 Distopia 666 Discordia Drive Apt 911
January 1st, 2008, 09:46 AM
Copyright © 2008 The August Review
http://www.augustreview.com
Global Banking: The Bank for International Settlements var sburl4280 = window.location.href; var sbtitle4280 = document.title;var sbtitle4280=encodeURIComponent("Global Banking: The Bank for International Settlements"); var sburl4280=decodeURI("http://www.augustreview.com/issues/global_banking/global_banking%3a_the_bank_for_international_settl ements_200510147/"); sburl4280=sburl4280.replace(/amp;/g, "");sburl4280=encodeURIComponent(sburl4280);
BIS! Based in Basle, Switzerland, the BIS is central bank to central banks. The BIS has greater immunity than a sovereign nation, is accountable to no one, runs global monetary affairs and is privately owned. This is a must-read report to understand the globalization process. Preface
When David Rockefeller and Zbigniew Brzezinski founded theTrilateral Commission in 1973, the intent was to create a "New International Economic Order" (NIEO). To this end, they brought together 300 elite corporate, political and academic leaders from North America, Japan and Europe.
Few people believed us when we wrote about their nefarious plans back then. Now, we look back and clearly see that they did what they said they were going to do... globalism is upon us like an 8.6 magnitude earthquake. Related Articles
The question is, "How did they do it?" Keep in mind, they had no public mandate from any country in the world. They didn't have the raw political muscle, especially in democratic countries where voting is allowed. They didn't have global dictatorial powers.
Indeed, how did they do it?
The answer is the Bank for International Settlements (BIS), self-described as the "central bank for central bankers", that controls the vast global banking system with the precision of a Swiss watch.
With the advent of rampant globalization, this concept can certainly be given a global context as well: "The destiny of currencies are, and always will be, the destiny of the world."
Even though the BIS is the oldest international banking operation in the world, it is a low profile organization, shunning all publicity and notoriety. As a result, there is very little critical analysis written about this important financial organization. Further, much of what has been written about it is tainted by its own self-effacing literature.
As we will see, the BIS was founded in 1930 during a very troubled time in history. Some knowledge of that history is critical to understanding why the BIS was created, and for whose benefit.
There are three figures that play prominently in the founding of the BIS: Charles G. Dawes, Owen D. Young and Hjalmar Schacht of Germany.
Charles G. Dawes was director of the U.S. Bureau of the Budget in 1921, and served on the Allied Reparations Commission starting in 1923. His latter work on "stabilizing Ge
Copyright © 2008 The August Review
http://www.augustreview.com
Global Banking: The Bank for International Settlements var sburl4280 = window.location.href; var sbtitle4280 = document.title;var sbtitle4280=encodeURIComponent("Global Banking: The Bank for International Settlements"); var sburl4280=decodeURI("http://www.augustreview.com/issues/global_banking/global_banking%3a_the_bank_for_international_settl ements_200510147/"); sburl4280=sburl4280.replace(/amp;/g, "");sburl4280=encodeURIComponent(sburl4280);
digg_url = 'http://www.augustreview.com/issues/global_banking/global_banking%3a_the_bank_for_international_settl ements_200510147/';
Who controls global monetary affairs? The BIS! Based in Basle, Switzerland, the BIS is central bank to central banks. The BIS has greater immunity than a sovereign nation, is accountable to no one, runs global monetary affairs and is privately owned. This is a must-read report to understand the globalization process. PrefaceWhen David Rockefeller and Zbigniew Brzezinski founded the
Trilateral Commission in 1973, the intent was to create a "New International Economic Order" (NIEO). To this end, they brought together 300 elite corporate, political and academic leaders from North America, Japan and Europe.Few people believed us when we wrote about their nefarious plans back then. Now, we look back and clearly see that they did what they said they were going to do... globalism is upon us like an 8.6 magnitude earthquake. Related Articles
The question is, "How did they do it?" Keep in mind, they had no public mandate from any country in the world. They didn't have the raw political muscle, especially in democratic countries where voting is allowed. They didn't have global dictatorial powers.
Indeed, how did they do it?
The answer is the Bank for International Settlements (BIS), self-described as the "central bank for central bankers", that controls the vast global banking system with the precision of a Swiss watch.
This report offers a concise summation of BIS history, structure and current activities.
Introduction
The famous currency expert Dr. Franz Pick once stated, "The destiny of the currency is, and always will be, the destiny of a nation." With the advent of rampant globalization, this concept can certainly be given a global context as well: "The destiny of currencies are, and always will be, the destiny of the world."
Even though the BIS is the oldest international banking operation in the world, it is a low profile organization, shunning all publicity and notoriety. As a result, there is very little critical analysis written about this important financial organization. Further, much of what has been written about it is tainted by its own self-effacing literature.
The BIS can be compared to a stealth bomber. It flies high and fast, is undetected, has a small crew and carries a huge payload. By contrast, however, the bomber answers to a chain of command and must be refueled by outside sources. The BIS, as we shall see, is not accountable to any public authority and operates with complete autonomy and self-sufficiency.
Leading up to FoundingAs we will see, the BIS was founded in 1930 during a very troubled time in history. Some knowledge of that history is critical to understanding why the BIS was created, and for whose benefit.
There are three figures that play prominently in the founding of the BIS: Charles G. Dawes, Owen D. Young and Hjalmar Schacht of Germany.
Charles G. Dawes was director of the U.S. Bureau of the Budget in 1921, and served on the Allied Reparations Commission starting in 1923. His latter work on "stabilizing Ge
Hawkings former plumber
Posts: 8,775
Videos: 1
Location: RR1 Distopia 666 Discordia Drive Apt 911
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Location: RR1 Distopia 666 Discordia Drive Apt 911
January 1st, 2008, 10:01 AM
Transparency Dimension
BIS rank sixth among the ten assessed IGOs for their transparency capabilities alongside the Food and Agriculture Organisation (FAO) and the International Labour Organisation (ILO), with 27 percent.
BIS do not have an information disclosure policy. They only have an archive policy which states that all records relating to the Bank's business and operational activities which are over 30 years old are available for consultation. This document contains no good practice principles on transparency.
The management systems BIS have for transparency relate to the archival policy, for which the Board of Directors has overall responsibility. Librarians operating under the archival policy receive training on it, but such training does not relate to the proactive dissemination of information. Although the policy is posted online it is not disseminated through other mediums, nor is it translated.
Having a document that governs access to archived documents does not amount to having an information disclosure policy. BIS should develop an organisation-wide policy that clearly states what, when and how the organisation will make information publicly available and commits to key good practice principles such as responding to request for information within a certain time period.
Participation Dimension
With a score of 11 percent, BIS’ participation capabilities rank last among the ten assessed IGOs.
External Stakeholder Engagement
BIS makes a vague commitment to external stakeholder engagement by claiming that engagement is fundamental to its mission of fostering international monetary and financial cooperation.
The management systems BIS has in place to oversee stakeholder engagement are very weak. No senior executive or Board member has responsibility for overseeing external stakeholder engagement; no training is provided to staff on engagement and BIS does not have a mechanism that has institutionalised external stakeholder engagement in corporate decision-making.
Member Control
With the lowest score for member control across all thirty of the assessed organisations, BIS has a highly inequitable governance structure. Although, the organisation’s governing statues entitle each member to be represented and vote in the General Meetings not all members are able to add items to the agenda of the meetings.
The Board of Directors is also dominated by a handful of members. Belgium, France, Germany, the United Kingdom, and the United States are all considered ex-officio Directors and have the power to appoint one additional representative from their own countries, and then collectively elect up to nine more Directors from the remaining membership of the Bank. The statutes also do not provide member states with the ability to initiate a process of dismissal of those that sit on the Board of Directors.
Voting is also highly inequitable, with each member’s voting power reflecting the shares it holds in the Bank. Further undermining the equality of control among members is the fact that changes to the governing articles requires sanction by the Board, effectively giving 5 members the power to block changes.
Evaluation Dimension
BIS ranks fifth among assessed IGOs for their evaluation capabilities with a score of 76 percent (its highest across the four dimension.)
BIS’s Internal Audit Charter guides evaluation processes within the organisation. This document describes the mission, independence and objectivity, scope and responsibilities, authority, accountability, and standards of the Internal Audit Function. The scope of activities of the Audit Function ranges from reviewing risk management procedures and internal control systems to best practice reviews and regulatory requirement appraisals. The Charter includes commitments to using evaluation results to inform future decision-making and to evaluate internal management processes and operations. Good practice principles however are missing: such as involving external stakeholders in the evaluation of issues that impact them and committing to being open and transparent about evaluation results.
The Charter is supported by strong management systems. The Head of Internal Audit, who reports directly to the Audit Committee of the Board of Directors, oversees compliance with the Internal Audit Charter. Training on the policy is also provided to those involved in the evaluation process. BIS also makes the Charter available through more than one medium and provides translations in French, German, and Italian upon re
Transparency Dimension
BIS rank sixth among the ten assessed IGOs for their transparency capabilities alongside the Food and Agriculture Organisation (FAO) and the International Labour Organisation (ILO), with 27 percent.
BIS do not have an information disclosure policy. They only have an archive policy which states that all records relating to the Bank's business and operational activities which are over 30 years old are available for consultation. This document contains no good practice principles on transparency.
The management systems BIS have for transparency relate to the archival policy, for which the Board of Directors has overall responsibility. Librarians operating under the archival policy receive training on it, but such training does not relate to the proactive dissemination of information. Although the policy is posted online it is not disseminated through other mediums, nor is it translated.
Having a document that governs access to archived documents does not amount to having an information disclosure policy. BIS should develop an organisation-wide policy that clearly states what, when and how the organisation will make information publicly available and commits to key good practice principles such as responding to request for information within a certain time period.
Participation Dimension
With a score of 11 percent, BIS’ participation capabilities rank last among the ten assessed IGOs.
External Stakeholder Engagement
BIS makes a vague commitment to external stakeholder engagement by claiming that engagement is fundamental to its mission of fostering international monetary and financial cooperation.
The management systems BIS has in place to oversee stakeholder engagement are very weak. No senior executive or Board member has responsibility for overseeing external stakeholder engagement; no training is provided to staff on engagement and BIS does not have a mechanism that has institutionalised external stakeholder engagement in corporate decision-making.
Member Control
With the lowest score for member control across all thirty of the assessed organisations, BIS has a highly inequitable governance structure. Although, the organisation’s governing statues entitle each member to be represented and vote in the General Meetings not all members are able to add items to the agenda of the meetings.
The Board of Directors is also dominated by a handful of members. Belgium, France, Germany, the United Kingdom, and the United States are all considered ex-officio Directors and have the power to appoint one additional representative from their own countries, and then collectively elect up to nine more Directors from the remaining membership of the Bank. The statutes also do not provide member states with the ability to initiate a process of dismissal of those that sit on the Board of Directors.
Voting is also highly inequitable, with each member’s voting power reflecting the shares it holds in the Bank. Further undermining the equality of control among members is the fact that changes to the governing articles requires sanction by the Board, effectively giving 5 members the power to block changes.
Evaluation Dimension
BIS ranks fifth among assessed IGOs for their evaluation capabilities with a score of 76 percent (its highest across the four dimension.)
BIS’s Internal Audit Charter guides evaluation processes within the organisation. This document describes the mission, independence and objectivity, scope and responsibilities, authority, accountability, and standards of the Internal Audit Function. The scope of activities of the Audit Function ranges from reviewing risk management procedures and internal control systems to best practice reviews and regulatory requirement appraisals. The Charter includes commitments to using evaluation results to inform future decision-making and to evaluate internal management processes and operations. Good practice principles however are missing: such as involving external stakeholders in the evaluation of issues that impact them and committing to being open and transparent about evaluation results.
The Charter is supported by strong management systems. The Head of Internal Audit, who reports directly to the Audit Committee of the Board of Directors, oversees compliance with the Internal Audit Charter. Training on the policy is also provided to those involved in the evaluation process. BIS also makes the Charter available through more than one medium and provides translations in French, German, and Italian upon re
Knows Too Much
Posts: 2,133
Location: Backwater, Ontario.
Location: Backwater, Ontario.
January 1st, 2008, 10:24 AM
Oh well; I made it through so far, doing a little bit of masterbaiting here and there.
Got more past than future, so Happy New Year everybody.
Unless the US of A rises up in armed revolt against their capitalist/socialist/younameit masters, I doubt very much we're going to see drastic changes in the near future, as what we seem to do best is talk. So society's gonna drown while it talks, being duly fragmented as it is by those who foment fearmongering and the falling of the sky.
Beats the hell outa me. I'm just a dumb Canuck.
Time for a walk on NewYears day, to have a sip with some friends. Can't drive. Too much snow.
Caio.
(proudly)
Oh well; I made it through so far, doing a little bit of masterbaiting here and there.Got more past than future, so Happy New Year everybody.
Unless the US of A rises up in armed revolt against their capitalist/socialist/younameit masters, I doubt very much we're going to see drastic changes in the near future, as what we seem to do best is talk. So society's gonna drown while it talks, being duly fragmented as it is by those who foment fearmongering and the falling of the sky.
Beats the hell outa me. I'm just a dumb Canuck.
Time for a walk on NewYears day, to have a sip with some friends. Can't drive. Too much snow.
Caio.
(proudly) Hawkings former plumber
Posts: 8,775
Videos: 1
Location: RR1 Distopia 666 Discordia Drive Apt 911
Videos: 1
Location: RR1 Distopia 666 Discordia Drive Apt 911
January 1st, 2008, 10:30 AM
I'll make the point. Big, really big old money makes the rules for the planet, they exist and operate above Government and above science and above any law. No repair of social or environmental problems is possible with that mechanism left intact. None ever was. Love of money and power trumps all other human desires and manipulates every human endeavour, even at the risk of extermination. These bankers have no reverse gears, growth and developement do not depend on science or law, profit is thier highest and only ideal.
I'll make the point. Big, really big old money makes the rules for the planet, they exist and operate above Government and above science and above any law. No repair of social or environmental problems is possible with that mechanism left intact. None ever was. Love of money and power trumps all other human desires and manipulates every human endeavour, even at the risk of extermination. These bankers have no reverse gears, growth and developement do not depend on science or law, profit is thier highest and only ideal.
Time Out
Posts: 415 
Videos: 3
Videos: 3
January 1st, 2008, 01:14 PM
I have no master, nor will I ever have a master. I am not a slave and I am not lonely. Keep your whip and your vagina to yourself thank you very much!
I have no master, nor will I ever have a master. I am not a slave and I am not lonely. Keep your whip and your vagina to yourself thank you very much!
Newbie
Posts: 21
January 1st, 2008, 05:38 PM
Nice work there darkbeaver, it's quite a rabbit hole!
I would have to agree with Dexter Sinister that things are much worse than we imagine. Not sure about harvesting psychic energy though?
The basic principle of the scam is establishing a private centralized banking system and lending the host government money at interest. In Canada, the profits are put back into the government coffers since the Bank of Canada is still owned by the people but is under constant pressure to privatize and with the looming creation of a North American Union and a single currency, it's really all over but the crying.
In May of 07 Bank of Canada Governor David Dodge said it was "possible" there could at some point be a unified North American currency similar to Europe's euro. This is BAD news for Canadians, you will have no say in it and control of the new currency and our economy will surely fall into the private central bankers hands.
Private central banks can easily manipulate the economies of their host nations for profit. People don't like war or the inflation/deflation cycle but since these always reap huge profits for the central banks we will have much of both in the future.
One thing becomes obvious to anyone who takes a close look at what is going on in our financial world, the rich are getting richer and the poor are getting poorer. The U.S. is now at the peak of an inflation/war cycle, when the Fed pulls the plug on the printing press and collapses the economy it turns that once great country into one huge fire sale for them. The concentration of wealth was magnified many times during the course of the great depression but this current cycle will surely make that look like small potatoes. Wealth is never destroyed, merely transferred and we are looking at what will be the biggest theft of wealth in the history of the world over the next few years.
The most important thing for Canadians right now is to fight for your countries soveirgnty and waking others up to what the SPP/NAU is all about - it has nothing to do with your best interests.
International MONEY-CHANGER David Rockefeller said, "We are grateful to the Washington Post, The New York Times, Time Magazine and other great publications whose directors have attended our meetings and respected their promises of discretion for almost forty years . . . It would have been impossible for us to develop our plan for the world if we had been subject to the bright lights of publicity during those years. But, the world is now more sophisticated and prepared to march towards a world government. The supranational sovereignty of an intellectual elite and world bankers is surely preferable to the national autodetermination practiced for past centuries."
Nice work there darkbeaver, it's quite a rabbit hole!
I would have to agree with Dexter Sinister that things are much worse than we imagine. Not sure about harvesting psychic energy though?
The basic principle of the scam is establishing a private centralized banking system and lending the host government money at interest. In Canada, the profits are put back into the government coffers since the Bank of Canada is still owned by the people but is under constant pressure to privatize and with the looming creation of a North American Union and a single currency, it's really all over but the crying.
In May of 07 Bank of Canada Governor David Dodge said it was "possible" there could at some point be a unified North American currency similar to Europe's euro. This is BAD news for Canadians, you will have no say in it and control of the new currency and our economy will surely fall into the private central bankers hands.
Private central banks can easily manipulate the economies of their host nations for profit. People don't like war or the inflation/deflation cycle but since these always reap huge profits for the central banks we will have much of both in the future.
One thing becomes obvious to anyone who takes a close look at what is going on in our financial world, the rich are getting richer and the poor are getting poorer. The U.S. is now at the peak of an inflation/war cycle, when the Fed pulls the plug on the printing press and collapses the economy it turns that once great country into one huge fire sale for them. The concentration of wealth was magnified many times during the course of the great depression but this current cycle will surely make that look like small potatoes. Wealth is never destroyed, merely transferred and we are looking at what will be the biggest theft of wealth in the history of the world over the next few years.
The most important thing for Canadians right now is to fight for your countries soveirgnty and waking others up to what the SPP/NAU is all about - it has nothing to do with your best interests.
International MONEY-CHANGER David Rockefeller said, "We are grateful to the Washington Post, The New York Times, Time Magazine and other great publications whose directors have attended our meetings and respected their promises of discretion for almost forty years . . . It would have been impossible for us to develop our plan for the world if we had been subject to the bright lights of publicity during those years. But, the world is now more sophisticated and prepared to march towards a world government. The supranational sovereignty of an intellectual elite and world bankers is surely preferable to the national autodetermination practiced for past centuries."
Hawkings former plumber
Posts: 8,775
Videos: 1
Location: RR1 Distopia 666 Discordia Drive Apt 911
Videos: 1
Location: RR1 Distopia 666 Discordia Drive Apt 911
January 1st, 2008, 05:56 PM
David Dodge sits on the board of directors of The Bank for International Settlements.
Sinister was being sarcastic, I believe he's having none of it, which if true would be a bloody shame because it's brainiacs like him who could do thier countrys a great service by speaking out againt SPP/NAU before it's too late, if it already isn't. The monied class will consume us by the millions to preserve thier privilaged positions as they have readily done in the past for less.Disparingly the collapse of the American economy seems inevitable, it's being pushed as fast as possible. We will never have public debate on these matters because the democratic mechanisms that would have informed have all been bought, the main stream media is a zoo of inconsequential rubbish shoveled at the public twenty-four seven. We have no functioning democracy, nothing but a society of dumb consumer animals intent on eating **** forever. And look where are military is, as far as possible away from Canada as they could be put. We are well and truely Phucked. IMO
Quoting eh huh
Nice work there darkbeaver, it's quite a rabbit hole!
I would have to agree with Dexter Sinister that things are much worse than we imagine. Not sure about harvesting psychic energy though?
The basic principle of the scam is establishing a private centralized banking system and lending the host government money at interest. In Canada, the profits are put back into the government coffers since the Bank of Canada is still owned by the people but is under constant pressure to privatize and with the looming creation of a North American Union and a single currency, it's really all over but the crying.
In May of 07 Bank of Canada Governor David Dodge said it was "possible" there could at some point be a unified North American currency similar to Europe's euro. This is BAD news for Canadians, you will have no say in it and control of the new currency and our economy will surely fall into the private central bankers hands.
Private central banks can easily manipulate the economies of their host nations for profit. People don't like war or the inflation/deflation cycle but since these always reap huge profits for the central banks we will have much of both in the future.
One thing becomes obvious to anyone who takes a close look at what is going on in our financial world, the rich are getting richer and the poor are getting poorer. The U.S. is now at the peak of an inflation/war cycle, when the Fed pulls the plug on the printing press and collapses the economy it turns that once great country into one huge fire sale for them. The concentration of wealth was magnified many times during the course of the great depression but this current cycle will surely make that look like small potatoes. Wealth is never destroyed, merely transferred and we are looking at what will be the biggest theft of wealth in the history of the world over the next few years.
The most important thing for Canadians right now is to fight for your countries soveirgnty and waking others up to what the SPP/NAU is all about - it has nothing to do with your best interests.
International MONEY-CHANGER David Rockefeller said, "We are grateful to the Washington Post, The New York Times, Time Magazine and other great publications whose directors have attended our meetings and respected their promises of discretion for almost forty years . . . It would have been impossible for us to develop our plan for the world if we had been subject to the bright lights of publicity during those years. But, the world is now more sophisticated and prepared to march towards a world government. The supranational sovereignty of an intellectual elite and world bankers is surely preferable to the national autodetermination practiced for past centuries."
I would have to agree with Dexter Sinister that things are much worse than we imagine. Not sure about harvesting psychic energy though?
The basic principle of the scam is establishing a private centralized banking system and lending the host government money at interest. In Canada, the profits are put back into the government coffers since the Bank of Canada is still owned by the people but is under constant pressure to privatize and with the looming creation of a North American Union and a single currency, it's really all over but the crying.
In May of 07 Bank of Canada Governor David Dodge said it was "possible" there could at some point be a unified North American currency similar to Europe's euro. This is BAD news for Canadians, you will have no say in it and control of the new currency and our economy will surely fall into the private central bankers hands.
Private central banks can easily manipulate the economies of their host nations for profit. People don't like war or the inflation/deflation cycle but since these always reap huge profits for the central banks we will have much of both in the future.
One thing becomes obvious to anyone who takes a close look at what is going on in our financial world, the rich are getting richer and the poor are getting poorer. The U.S. is now at the peak of an inflation/war cycle, when the Fed pulls the plug on the printing press and collapses the economy it turns that once great country into one huge fire sale for them. The concentration of wealth was magnified many times during the course of the great depression but this current cycle will surely make that look like small potatoes. Wealth is never destroyed, merely transferred and we are looking at what will be the biggest theft of wealth in the history of the world over the next few years.
The most important thing for Canadians right now is to fight for your countries soveirgnty and waking others up to what the SPP/NAU is all about - it has nothing to do with your best interests.
International MONEY-CHANGER David Rockefeller said, "We are grateful to the Washington Post, The New York Times, Time Magazine and other great publications whose directors have attended our meetings and respected their promises of discretion for almost forty years . . . It would have been impossible for us to develop our plan for the world if we had been subject to the bright lights of publicity during those years. But, the world is now more sophisticated and prepared to march towards a world government. The supranational sovereignty of an intellectual elite and world bankers is surely preferable to the national autodetermination practiced for past centuries."
David Dodge sits on the board of directors of The Bank for International Settlements.
Sinister was being sarcastic, I believe he's having none of it, which if true would be a bloody shame because it's brainiacs like him who could do thier countrys a great service by speaking out againt SPP/NAU before it's too late, if it already isn't. The monied class will consume us by the millions to preserve thier privilaged positions as they have readily done in the past for less.Disparingly the collapse of the American economy seems inevitable, it's being pushed as fast as possible. We will never have public debate on these matters because the democratic mechanisms that would have informed have all been bought, the main stream media is a zoo of inconsequential rubbish shoveled at the public twenty-four seven. We have no functioning democracy, nothing but a society of dumb consumer animals intent on eating **** forever. And look where are military is, as far as possible away from Canada as they could be put. We are well and truely Phucked. IMO
Time Out
Posts: 415
Videos: 3
Videos: 3
January 1st, 2008, 06:59 PM
It's "sex with the one you love" as Woody Allen would say. LMFAO!
Anyway, enough of this hardcore data... LMFAO!!!!
Quoting Nuggler Oh well; I made it through so far, doing a little bit of masterbaiting here and there.
ROFLMFAO!!!! You're really funny at times, nug. I like the way you spell masturbating. That's not an insult, by the way. I really like the way you spell it. I'm going to start spelling it that way too. Oh well; I made it through so far, doing a little bit of masterbaiting here and there.
It's "sex with the one you love" as Woody Allen would say. LMFAO!
Anyway, enough of this hardcore data... LMFAO!!!!
Bright Spark
Posts: 377
January 1st, 2008, 07:28 PM
And the master's puppets are......
> OK.......
>
>
>
>
> Can you imagine working for a company
> that has a little more than 300 employees and has the following statistics:
>
> 30 have been accused of spousal abuse.
> 9 have been arrested for fraud,
> 14 have been accused of writing bad cheques.
> 95 have directly or indirectly bankrupted at least 2 businesses.
> 4 have done time for assault,
> 55 cannot get a credit card due to bad credit.
> 12have been arrested on drug related charges.
> 4 have been arrested for shoplifting.
> 6 are currently defendants in lawsuits.
> 62 have been arrested for drunk driving in the last year.
>
> CRAZY!!
>
> Can you guess which organization
> this is?
>
> It is the 301 MP's in the Canadian Parliament. The same group that cranks out hundreds of new laws designed to keep the rest of us in line. Which one
> did you vote for?
>
>
> TAKEN FROM THE OTTAWA CITIZEN
And the master's puppets are......
> OK.......
>
>
>
>
> Can you imagine working for a company
> that has a little more than 300 employees and has the following statistics:
>
> 30 have been accused of spousal abuse.
> 9 have been arrested for fraud,
> 14 have been accused of writing bad cheques.
> 95 have directly or indirectly bankrupted at least 2 businesses.
> 4 have done time for assault,
> 55 cannot get a credit card due to bad credit.
> 12have been arrested on drug related charges.
> 4 have been arrested for shoplifting.
> 6 are currently defendants in lawsuits.
> 62 have been arrested for drunk driving in the last year.
>
> CRAZY!!
>
> Can you guess which organization
> this is?
>
> It is the 301 MP's in the Canadian Parliament. The same group that cranks out hundreds of new laws designed to keep the rest of us in line. Which one
> did you vote for?
>
>
> TAKEN FROM THE OTTAWA CITIZEN
Hawkings former plumber
Posts: 8,775
Videos: 1
Location: RR1 Distopia 666 Discordia Drive Apt 911
Videos: 1
Location: RR1 Distopia 666 Discordia Drive Apt 911
January 1st, 2008, 07:39 PM
Thanks Alberta, and we should trust thier judgement eh. How are we to believe that these clowns aren't completely compromised in the old traditional ways? Well I don't think we should trust them any farther than a kick with a frozen boot can fling them.
Thanks Alberta, and we should trust thier judgement eh. How are we to believe that these clowns aren't completely compromised in the old traditional ways? Well I don't think we should trust them any farther than a kick with a frozen boot can fling them.
Hawkings former plumber
Posts: 8,775
Videos: 1
Location: RR1 Distopia 666 Discordia Drive Apt 911
Videos: 1
Location: RR1 Distopia 666 Discordia Drive Apt 911
January 1st, 2008, 07:41 PM
Hey Alberta have you got a link for that article, I'd like to carry it arround with me.
Hey Alberta have you got a link for that article, I'd like to carry it arround with me.
Hawkings former plumber
Posts: 8,775
Videos: 1
Location: RR1 Distopia 666 Discordia Drive Apt 911
Videos: 1
Location: RR1 Distopia 666 Discordia Drive Apt 911
January 1st, 2008, 08:58 PM
by patric wood
Banking used to be simple. When you borrowed money from a bank, the bank owned your mortgage and you paid the interest and principal directly. This is easily understood by this graphic representation:
Things got complicated when bankers got greedy, figuring the could make a whole lot more than just simple interest. The scheme is called securitization, as depicted by the following flow-chart.
If the banking crowd succeeds in taking another full drink from the public treasury, it will cost the American taxpayers billions in the end.
by patric wood
Banking used to be simple. When you borrowed money from a bank, the bank owned your mortgage and you paid the interest and principal directly. This is easily understood by this graphic representation:
In its simplest terms, securitization is a process whereby illiquid financial instruments (e.g., mortgages) are purchased and combined into pools. The pool is then structured where shares can be sold to 3rd party investors like banks, pension funds and even governments. Any type of asset can be securitized as long as it has a steady flow of cash associated with it. The cash flow is the incentive for purchasers to make their investment.
There are many fees that are paid along the road to successful securitization. The original borrower pays "points" to the initial broker and/or banker. The pool operator receives the rights to income at a discounted price. The investment banker who syndicates the sale charges hefty fees plus commissions paid to the selling broker/dealer or investment representative.
The investment bankers are the primary enablers and drivers of the securitization process. Right behind them is the Federal Reserve, who is supposed to be a watchdog on shaky banking practices.
Investment bankers have many tricks that help to make securitized investments more attractive. Appraisers are employed to give favorable valuations (and often greatly inflated) to the underlying properties. Credit agencies are employed to give favorable ratings (again, often greatly over-rated) to the investments, thus promoting confidence. The credit risk is often mitigated by adding insurance policies, different classes of investors, hedging against failure by purchasing or selling derivatives. It gets more complicated than we want to discuss here.
Currently, Attorneys General in New York, Ohio, and Colorado are investigating illegal appraiser activity with respect to banks and other lenders pressuring appraisers to fudge their appraisals. The Securities and Exchange Commission is currently investigating illegal activity at credit rating companies who might have been pressured into issuing artificially high credit ratings.
For the investment bankers, most of their profit is taken out of the "enhancement" value at the expense of the underlying investment that is being purchased by unsuspecting investors. In other words, the ultimate investor is getting hosed from the start but the house of cards doesn't fall until the cash flow starts to dry up -- as in, John Doe can't make his house payment and goes into default on his mortgage.
Securitizations made against the subprime lending markets were simply the weakest links in the financial chain.
This is exactly where greed starts to really show up: when bankers decided to relax borrowing standards, they began to allow loans that never, ever should have been made. In other words, borrowers had deficient or delinquent credit histories, little documentation on income and over-appraised properties. Adjustable rate mortgages (ARM's) were tailored to fit the income of the borrower, which was already too small for a normal loan. Thus, when the ARM adjusted upward, up went the payment amount and the borrower finds himself delinquent and facing bankruptcy.
Those holding the securitized investments all of a sudden receive less income and are forced to "revalue" their investment down to the reality of income actually received plus the prospect of additional declines in income in the future. Remember that these assets were over-inflated in the first place, so investors are forced into taking huge hits on their balance sheets.
Since securitized assets are quite illiquid, it is very hard to find another buyer. If you are lucky enough to find one, the buyer will be interested in offering you a "pennies-on-the-dollar" type of price.
It is insufficient to blame the credit collapse on the subprime market. Because it was the weakest element of an overall flawed investment market, It was simply the first segment to blow up. The rest the market (non-subprime) is following right behind it.
Now that people are looking for someone to blame for this debacle, the banking community, including even the Federal Reserve, is shifting the blame to the consumer for having made poor borrowing decisions in the first place. After all, nobody forced them to submit an application for a loan that they couldn't afford. They should have known better.
Yet, it was the banking community that structured the loan offers that lured unsuspecting borrowers into their lair. For years, TV ads for mortgages and credit cards dominated the airwaves. Many consumers received dozens of credit card offers by mail each week. Is it right for the bankers to say that they were merely responding to market conditions, to give the foolish consumers what they demanded? In fact, the average person looks to his banker as an "expert adviser", expecting knowledgeable answers that will be in the borrowers best interest.
I think not. Their markets were artificially created by the very advertising they flooded us with. Advertising creates expectations that can only be filled by purchasing the advertiser's products.
According to a recent statement by Treasury Secretary Henry Paulson, former chairman and CEO of Goldman, Sachs, the Treasury will now step in with a plan that "helps investors and lenders avoid unnecessary and costly foreclosures that are not in their interest." He has also talked of a rate freeze on Adjustable Rate Mortgages that are soon to reset to a higher interest rate.
You can imagine how the owners of securitized investments feel about that. Having been guaranteed a certain rate of interest, they will meet any government intervention or price-fixing with a flood of lawsuits.
Of course, a tsunami of lawsuits, mortgage foreclosures and bankruptcies would be fatal to at least a few U.S. banks. Yet apparently, to assume responsibility for their own mistakes (or even criminal actions) is too much to ask of them.If the banking crowd succeeds in taking another full drink from the public treasury, it will cost the American taxpayers billions in the end.
Meanwhile, don't expect that the banking crisis is limited to just the subprime lending market: It's merely the tip of the iceberg!
