Socio-Economics History Blog

Socio-Economics & History Commentary

Alex Jones: Illuminist Global Banksters Frontal Assault on National Sovereignty!

  • Who owns the IMF, World Bank, Bank of International Settlements(BIS), almost all major central banks, Goldman Sachs …? The Illuminati cabal. This is their final move to totally destroy national sovereignty for their One World Government, Global Fascist Police State. This is a New World Order ruled by the unelected and undemocratic Illuminist class. The rest of us are just ‘useless eaters’ or ‘useful idiot slaves’.
     
  • I do not believe they will be able to achieve their global order without triggering their world war plan. They have America, EU, Japan, Canada, Mexico, Australia and New Zealand under their control. But China, Russia and much of Latin America will not go along! I ain’t rolling over and playing dead, people! No way I am going to accept their enslavement with a microchip ’666′.
     
    IMF’s Global Taxes Can Only Be Enforced Through Global Government 
    As you will have no doubt read in the headlines today, the IMF has proposed levying two “global” taxes on the world’s banks to make sure those greedy guys don’t get us into trouble again. If that sounds dubious, it’s because it is. In reality what is being proposed, and has been falling into place for some time, is the framework for an unelected global authority with powers above and beyond those of sovereign governments.
     
    In our featured article today we explain how the IMF’s so called global Financial Activities (FAT) tax on banks is nothing more than a bailout slush fund that would inevitably trickle down to the consumer, and also be levied upon all financial institutions (not just the big ones that commit massive fraud on a daily basis). This will not prevent globalist bankers from over reaching, it will in fact provide the incentive for more moral hazard by providing built in insurance against risky actions.
     
    Such taxes will drastically reduce the profits of all banks and financial institutions, ensuring only the biggest can continue to thrive. Global competition could be killed off completely, signaling the final nail in the coffin of the free market.
     
    Some within the banking industry also argue that reduced capital in financial institutions makes them a less attractive investment and makes it more likely that governments will have to step in when a fresh crisis hits.
     
    The Association for Financial Markets in Europe issued a statement to this effect: “The IMF has set the right objective in addressing the need to avoid another financial crisis, but appears to have chosen the wrong means to achieve it.
     
    “The financial sector should not rely on public funds in the event of a crisis. As an industry, it needs to put in place measures that will enable failing firms to be wound down or restructured without needing taxpayer support. Banks must be allowed to fail and the cost of dealing with any failure must be first met by shareholders and creditors, not taxpayers.”
     
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    to continue reading click here!

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April 26, 2010 - Posted by | Economics, EndTimes, GeoPolitics | , , , , ,

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