Bank for International Settlements

1930
Bank for International Settlements

http://revolutionizingawareness.com/the-laws-and-practices-of-banking/

The Bank for International Settlements (BIS) was established by Charles G. Dawes (Rothschild agent and Vice President under President Calvin Coolidge from 1925-1929), Owen D. Young (Rothschild agent, founder of RCA and Chairman of General Electric from 1922 until 1939), and Hjalmar Schacht of Germany (President of the Reichsbank).The BIS is referred to the bankers as the, “Central bank for the central banks.” Whereas the IMF and the World Bank deal with governments, the BIS deals only with other central banks. All its meetings are held in secret and involve the top central bankers from around the world. For example the former head of the Federal Reserve, Alan Greenspan, would go to the BIS headquarters in Basel, Switzerland, ten times a year for these private meetings.

Charles G. Dawes

The BIS also has the status of a sovereign power and is immune from governmental control. A summary of this immunity is listed below:

  1. Diplomatic immunity for persons and what they carry with them (i.e., diplomatic pouches).
  2. No taxation on any transactions, including salaries paid to employees.
  3. Embassy-type immunity for all buildings and/or offices operated by the BIS worldwide including China and Mexico.
  4. No oversight or knowledge of operations by any government authority, they are not audited.
  5. Freedom from immigration restrictions.
  6. Freedom to encrypt any and all communications of any sort.
  7. Freedom from any legal jurisdiction, they even have their own police force.
Owen D. Young
Owen D. Young

BIS’ current board of directors, only five of which are elected and the rest of which are permanent, are:

  • Nout H E M Wellink, Amsterdam (Chairman of the Board of Directors)
  • Hans Tietmeyer, Frankfurt am Main (Vice-Chairman)
  • Axel Weber, Frankfurt am Main
  • Vincenzo Desario, Rome
  • Antonio Fazio, Rome
  • David Dodge, Ottawa
  • Toshihiko Fukui, Tokyo
  • Timothy F Geithner, New York
  • Alan Greenspan, Washington
  • Lord George, London
  • Hervé Hannoun, Paris
  • Christian Noyer, Paris
  • Lars Heikensten, Stockholm
  • Mervyn King, London
  • Guy Quaden, Brussels
  • Jean-Pierre Roth, Zürich
  • Alfons Vicomte Verplaetse, Brussels
Carroll Quigley
Carroll Quigley

Georgetown Professor and historian, Carroll Quigley, commented on the creation of this central bank in his 1975 book, Tragedy And Hope, as follows,

“The powers of financial capitalism had (a) far reaching (plan), nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences.

The apex of the system was to be the Bank For International Settlements in Basel, Switzerland*, a private bank owned and controlled by the world’s central banks which were themselves private corporations.

Each central bank … sought to dominate its government by its ability to control treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the Country, and to influence cooperative politicians by subsequent economic rewards in the business world.”

* Home of first World Zionist Congress, chaired by Theodor Herzl in 1897.

Henry Cabot Lodge

A handful of United States Senators led by Henry Cabot Lodge, fought to keep the United States out of the Bank for International Settlements. However, even thought the United States rejected this World Central Bank, the Federal Reserve still sent members to participate in its meetings in Switzerland, right up until 1994 when the United States was, “officially,” dragged into it.

1932
Herbert Hoover

Republican Representative Louis T. McFadden of Pennsylvania, the Former Chairman of the House Banking & Currency Commission during the great depression, states,

“We have in this country one of the most corrupt institutions the world has ever known. I refer to the Federal Reserve Board … This evil institution has impoverished … the people of the United States … and has practically bankrupted our government. It has done this through … the corrupt practices of the moneyed vultures who control it.”

In his final year in office, President Herbert Hoover puts forward a plan to bail out the failing banks, he seemed to feel that they took priority over millions of starving Americans, however this plan did not receive support from the Democratic Congress. Hoover’s Presidency failing, Franklin D. Roosevelt is elected President later this year.

1933 On March 4th, during his inaugural address, President Roosevelt made the following statement,

“Practices of the unscrupulous money changers stand indicted in the court of public opinion, rejected by the hearts and minds of men … The money changers have fled from their high seats in the temple of our civilization.”

However, later that year, President Roosevelt outlawed private ownership of all gold bullion and all gold coins with the exception of rare coins. Most of the gold in the hands of the average American was in the form of gold coins and this decree by Roosevelt was effectively a confiscation.

William H. Woodin
William H. Woodin

In small town America, the people did not trust Roosevelt. However, the people were given a simple choice. Either turn in your gold and be paid the official price for it of, $20-66 an ounce, or you will be liable for a $10,000 fine and a ten year prison sentence.This confiscation order was so unpopular, it’s author has never been discovered. No Congressman ever claimed having written it, President Roosevelt stated he had not written it, nor had he even read it. Roosevelt’s Secretary of the Treasury, William H. Woodin, claimed he’d never read it either, but that it was, he stated,

“What the experts wanted.”

I wonder to what, “experts,” he refers!

1934
David Lloyd George
David Lloyd George

In its 20th June issue, New Britain magazine of London published a statement made by former British Prime Minister David Lloyd George that,

“Britain is the slave of an international financial bloc.”

Also in the article was the following words written by Lord Bryce,

“Democracy has no more persistent and insidious foe than money power … questions regarding Bank of England, its conduct and its objects, are not allowed by the Speaker (of the House of Commons).”

Lord Bryce
Lord Bryce

Louis T. McFadden, Republican Congressman and Chairman of the House Banking & Currency Committee from 1920 to 1931 stated,

“Through the Fed the people are losing their rights guaranteed to them by the Constitution … common decency requires us to examine the public accounts of the government and see what kind of crimes against the public welfare have been committed … the people of these United States are being greatly wronged …

Every effort has been made by the Fed to conceal its powers-but truth is-the Fed has usurped the Government … the sack of these United States by the Fed is the greatest crime in history … what King ever robbed his subject to such an extent as the Fed has robbed us … it is a monstrous thing for this great nation of people to have its destinies presided over by a traitorous government board acting in secret concert with international usurer.

When the Fed was passed, the people of these United States did not perceive that a world system was being set up here … a super state controlled by international bankers, and international industrialists acting together to enslave the world for their own pleasure.”

 

 

 

 

 

Rothschilds-Timelines-of-Banking

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