Friday, October 19, 2007

What is the Bank for International Settlements in Basle?

"...Highlighting the path to a single world monetary policy is the need to solve the effects of the globalization process which was created by the same people who wish to solve it. The Bank for International Settlements designed the present borderless flow of monies between countries when it pushed for the deregulation of monetary laws of the major North American, European, and Asian countries. By tearing down national financial borders, they created the ability for $1.2 trillion daily to flow around the world (uncontrolled stateless money) looking for the highest interest or fastest currency play. In the process of solving the problem, the BIS will then extend its tentacles down to the local level (which are not controlled or supervised by this supranational organization) for a complete takeover of the world's banking system through the Basle Core Principles--without even one bullet being fired---a fait accompli. By the time the average citizen has figured this out-- much less those who are elected to Congress--it will be too late.

If you could control the monetary system of the world, how would you do it? Very simply, you first start with your own country or a country which would be easy to persuade. Then if you went systematically around the world to other countries doing the same thing, it would not be long before the control of the world's monetary system would be in the hands of a few men whose wealth and power would grow with the size and number of countries they control and the size of the country's debt, which would now run in perpetuity, providing an unending stream of income for generations to the lenders and bondage to the debtor!..."

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