Tue, May 6, 2014
goldenageofgaia.com
Posted by Stephen Cook
<!--[if
!vml]--><!--[endif]-->By Christina Sarich, Nation of Change – May 5,
2014 – http://tinyurl.com/meuoxgo
Just in case you haven’t been keeping up with
the ‘tin-foil’ hat conspiracies, increasingly proven to be true, the Federal
Reserve Bank of New York, is the center of a secret global economy that has
bailed out American International Group Inc., huge insurance companies like
AIG, Goldman Sachs Group Inc., Merrill Lynch & Co., J.P. Morgan,Societe Generale
and Deutsche Bank AG, among others.
The secret cabal’s control over international
markets is becoming less of a mystery as increasing numbers of markets reveal
themselves so obviously to be fixed. The cabal cheats the 99 percent with Libor
interest rates, foreign exchanges, and gold, silver, and platinum price fixing.
Then there’s high-frequency trading (HFT), where
Wall Street banks use supercomputers to monitor incoming stock market orders,
analyze their likely impact on prices, and place orders ahead of those trades
to capture a bit of the price impact, called ‘stealing’ if it were properly
named.
HFT data helps to explain the frenzy in today’s
markets: The most aggressive firms tend to earn the biggest profits, hence the
incentive to trade as quickly and as often as possible. Furthermore, these
traders make their money at the expense of everyone else, including
less-aggressive high- frequency traders. It is simply the latest and greatest
scam on stock holders looking for real value in a company, thinking they can
compete with the big guys.
Just a few weeks ago, 132 nations decided
they’ve had enough of the ‘secret’ money jig we’ve all been dancing to. One of
the largest coalitions of developing nations in history has urged
Secretary-General of the United Nations Ban Ki-moon, to provide, “as soon as
possible…alternative options for banking services.” 132 countries, including
China are done with the funny money scheme.
This comes on the heels of a mass cancellation
of bank accounts in U.N. missions and those of foreign US diplomats. The G77
urges the secretary-general to review the “U.N. Secretariat’s financial
relations with the JP Morgan Chase Bank and consider alternatives to such
financial institutions and to report thereon, along with the information
requested.”
JP Morgan is the left arm of the cabal, along
with other ‘big banks’ who were benefactors of billions in our tax money. They
have shorted silveralong with Citibank to increase their physical silver
holdings by 500%. They are also the ‘big bank,’ along with Chase that failed to
stopPonzi-schemer Bernard Madoff. Why do that? He was cut from the same clothe
as their top executives.
JPMorgan Chase & Co CEO Jamie Dimon pleaded
with and complained to the U.S. Justice Department a few years back but
couldn’t convince the government to end its criminal probe of his bank because
prosecutors couldn’t figure out just how crooked this banking system really was.
Banks like these helped crash our economies, and
they are trying to do the same now, so that they can profit from it.
The problem for countries around the world is
simple: Chase bank currently handles billions in accounts maintained by the
United Nations and its agencies, in guess where – NEW YORK CITY.
The countries express a ‘deep concern’ over the
decisions made by several other banking institutions, known puppets for the
cabal, including JP Morgan Chase, in closing bank accounts for mostly
developing countries. The resolution proposed, still subject to amendments
cites a 1947 agreement between the US and UN, which:
“. . .guarantees the rights, obligations and the
fulfillment of responsibilities by member states towards the United Nations,
under the United Nations Charter and international law.”
It also points out the 1961 Vienna Convention on
Diplomatic Relations as a regulatory framework for states and international
organizations, specifcically the working relationship between the United
Nations and the City of New York.
The countries have put forth the G77 as a means
to utilize, “all necessary measures to ensure permanent missions accredited to
the United Nations and their staff are granted equal, fair and
non-discriminatory treatment by the banking system.”
At secret meetings around the G77 last month,
representative after representative from these countries severely criticized
the American banking system from cutting off banking services from the
diplomatic community, specifically directing their outrage at JP Morgan Chase
(formerly Chemical bank).
The accounts were closed when a request from the
US treasury asked banks to report every single transaction of 70 ‘blacklisted’
diplomats as part of a monitoring system, just a new way that bankers are
spying on all of us. Aside from a network of cameras, run buy the NSA, and a
program with a codename of ‘Dishfire’ they also now indulge in practices which
make you no different than America’s ‘enemies,’ or diplomats of emerging
economies sick of being bullied by the petro-dollar:
1. Every time you swipe your credit or debit
card, the transaction is scored to gauge the risk of fraud.
2. Banks use ‘behavior’ scores to figure out how
you consume and deny you credit or increase your mortgage rates based on that
behavior.
3. Deposit behavior is also gauged. If you save
a little or a lot, they are watching that and plugging in the data to determine
whether or not to lend you more funny money.
4. Investments and income are assessed utilizing
a ‘wealth estimator.’ This also affects what financial products you have access
to, and what you will pay for them.
5. Both US and UK spy agencies avert internet
encryption to look at your private emails, medical information and banking
habits.
http://galacticconnection.com/132-nations-want-cabal-banking-system/
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