Posts Tagged BIS
by: Madison Ruppert
July 22, 2012
According to the most detailed study of the so-called offshore economy to date, conducted by James Henry, former chief economist with the consultancy McKinsey, the world’s richest people have taken advantage of cross-border tax laws in order to put away a shocking $20.31 trillion in offshore banks.
While this likely isn’t all that crazy to those who are familiar with the massive conflicts of interest in the Federal Reserve and the fact that the Federal Reserveworks with banks to put Americans on the line for the failures of banks, it might be surprising to those who have no clue how the international financial system works.
The astounding sum uncovered by the Henry is slightly less than the 2011 Gross Domestic Product (GDP) of Japan ($5.87 trillion) on top of the 2011 United States GDP ($15.09 trillion).
The findings were published in the new report, “The Price of Offshore Revisited,” which shows that money continues to leak out of major nations and into infamous tax havens like Switzerland and the Cayman Islands.
These transactions are enabled by private banking institutions which all battle to get the accounts of what the Guardian calls the “global super-rich elite,” also known as high net-worth individuals.
Henry demonstrates that sums between £13 trillion ($20.3 trillion) and £20 ($31.23 trillion) have made their way from countries around the world into these secretive banking jurisdictions.
July 21, 2012
Allow me to preface the information below with a significant caveat.
The situation presented by David Wilcock at his website Divine Cosmos has been an ongoing undertaking of prodigious proportions which has spanned a lengthy amount of time. Due to this, there is additional information at his website which is vital to comprehend the key steps that have lead to this current development.
Many people have rightfully been concerned at the current state of the global economy. They may not comprehend how some of these dilemmas began, but these folks do inherently realize something very disturbing is occurring in the financial sector.
In addition to that, a sizable amount of alternative media pundits have been warning of another looming financial tsunami that is likely to decimate the global economy [and many other sectors for that matter] once mass panic ensues.
The criminals syndicates responsible for the 2008 financial crisis, and the current economic downturns in Europe are addressed below.
There are a total of fifty corporations at this moment in time essentially at the top of the pyramid controlling the world. Evidence of this has been ascertained by Swiss Scientists and can be seen in page 33 of the document provided below. The Swiss team published this scientific paper in September of last year.
Why should all this concern you? Because not only have these corporations controlled nigh every facet of society for profit, but also they have siphoned [y/our] wealth via a variety of methods, particularly the LIBOR manipulation. As an adjunct, please keep in mind that LIBOR is not the only manipulated economic number, which is extremely disconcerting because additional turmoil is underway.
Below there are mostly key points in order to facilitate the understanding of the event taking place. However, it is urged that the entire report is read at length at Divince Cosmos in order to attain a greater understanding of the full predicament taking place. And please remember to always do your own due diligence & exercise discernment.
By: David Wilcock
Friday, July 20 2012
The Department of Justice — home of the US Marshals — has now blown the lid off of the biggest financial scandal in human history… after a highly covert three-year investigation.
The LIBOR scandal has started the Great Revealing of Financial Tyranny. Mass arrests must begin with mass charges, and mass court cases — and that has now arrived. Disclosure of many great hidden truths will follow.
THE MEDIA IS ALSO IMPLICATED
The Great Revealing has not yet become the one thing everyone is talking about.
The arrests and resignations have only just begun — and the mainstream Western media is equally as culpable as those controlling the financial system.
After all, it’s the same people.
This is one of many popular notions that are proven in Financial Tyranny. It is no longer a “conspiracy theory.”
Vast psyops have been used — including tens of thousands of professional online hit-men, paid to look like normal people sharing their opinion.
Shame has been a very powerful weapon to stop people from learning the truth. No one wants to be “crazy” or hated for their beliefs.
You are about to see a variety of article links where the writers express surprise that the American media isn’t covering this story yet.
As you are well aware, this has nothing to do with the press being “shy.” They are simply staring into the face of their own destruction.
THE COMMODITY FUTURES TRADING COMMISSION — WITHIN THE DEPARTMENT OF JUSTICE
On June 27, 2012, the Commodity Futures Trading Commission, or CFTC, filed a surprise legal order against Barclays Bank — in a move that has shocked the world.
A wealth of emails were presented, giving irrefutable evidence that Barclays was manipulating their own credit score — to generate almost unthinkably vast profits.
Here is the link where you can download the legal order yourself — and a photograph of the top page of this historic document.
This may not seem like a big deal at first — but in order for Barclays to have rigged their own credit score, they had to be conspiring with all the other biggest banks in the world.
These are the banks they are supposedly in competition with.
This story has taken off with unprecedented, explosive force in the UK — but is almost non-existent in the US, except on Huffington Post and alternative news sites.
This legal action required extraordinary secrecy to perform. Had the Cabal gotten wind of it, they would have killed everyone involved.
ALL THE BIGGEST BANKS ARE IN BED TOGETHER
Indeed, the world just found out that all the biggest banks are in bed together.
They are all implicated in a vast conspiracy to lie to the public, and create artificial investor confidence that benefits no one but themselves.
Mass criminal charges are already being prepared — by labor unions, local banks, local governments, state governments and federal governments — as a result of this move by the Department of Justice.
All the evidence is now freely available, as we will see — and the story is nearly moving faster than we can keep up with at this point, with new developments on a day-by-day basis.
THE SCIENCE ALREADY CAME IN — BUT NO ONE WAS PAYING ATTENTION
Last September, an incredible scientific paper was released that proved, irrefutably, that the world is being controlled by a vastly interconnected cabal.
It is rather ironic that these scientists are based in Switzerland — the world capital of secretive, off-the-books banking.
I am going to re-quote some of the first section of Financial Tyranny at this point, and add new material as well.
PROOF OF A WORLDWIDE INTERLOCKING DIRECTORATE
Three scientists from the Swiss Federal Institute of Technology in Zurich — Vitali, Glattfelder and Battiston — recently found conclusive proof that the world is being run by a vast interlocking directorate.
The computer power, database and networking capabilities necessary to prove this point were not available until recently.
Their results were published in New Scientist, a respected science magazine.
A VAST COMPUTER DATABASE OF CORPORATIONS
Glattfelder’s team unleashed an impressive armada of supercomputers on Orbis 2007 — a very elaborate database of the top 37 million corporations and individual investors worldwide.
The results were absolutely stunning.
If you don’t mind “getting your hands dirty” with scientific lingo, this excerpt from page 3 of their study explains more about the database and what they found. I have added emphasis where appropriate.
737 CORPORATIONS HAVE 80 PERCENT OF THE CONTROL
The magic trick isn’t over. This is all still just the set-up, as the elusive magician draws us more and more into the realm of the fantastic — and the impossible.
Believe it or not, only 737 corporations control this network that directly earns 80 percent of all the world’s profits.
The smoke rises — and the audience gasps in awe at how the magician could have ever pulled off a stunt like this.
This next excerpt from page 6 of the paper reveals the truth — in stark, black and white words on this screen.
Don’t let the technical jargon fool you. This single sentence has earth-shaking implications — and everyone needs to know about it.
In contrast, we find that only 737 top holders accumulate 80% of the control over the value of all TNCs [trans-national corporations] (see also the list of the top 50 holders in Tbl. S1 of SI Appendix, Sec. 8.3).
In particular, the top ranked actors hold a control ten times bigger than what could be expected based on their wealth.
The results are robust with respect to the models used to estimate control.
THE TOP 147 ALSO APPEAR TO CONTROL 80 PECENT OF THE WORLD’S WEALTH, IN TOTAL
Let’s not forget that these 147 companies appear to be in complete control of the 737 corporations that we were just talking about.
This was very difficult to find, and could not have been revealed without massive computer power — which almost borders on artificial intelligence.
Therefore, we now know that this “super-entity” of 147 companies likely controls 80 percent of all the money to be earned in the world.
Without the advanced technology of supercomputers and chaos theory, no one would have been able to discover this.
History has caught up to the Powers that Were.
THE SAME PEOPLE RUN THE FEDERAL RESERVE
Next question: What kind of companies do you think these top 147 corporations are? Remember – they control a staggering 40 percent of the world’s wealth.
As it says on page 6 of the paper, 75 percent of the corporations within the “super-entity” were financial institutions.
The top financial institutions within the “super-entity” should sound pretty familiar to you by now.
They include Barclays Bank, JP Morgan Chase & Co., Merrill Lynch, UBS, Bank of New York, Deutsche Bank and Goldman Sachs.
Multiple investigators have concluded that these same financial institutions are the private banks that run the Federal Reserve.
Our Swiss scientists did provide us with a list of the top 50 of these corporations — fully one-third of the whole problem.
THE TOP 50 COMPANIES RULING THE WORLD
YES, THERE IS A MONOPOLY — AND THAT POSES SEVERE RISKS
The next big question is whether this monopoly is engaged in cartel-style corruption. Do they secretly conspire to rig the markets and profit extensively?
The Swiss scientists used the term “bloc” to describe such a cartel, as we will see in a bit.
In this first excerpt from the Discussion section, they reveal that there is no direct evidence yet that this is being done — but the implications are fearsome if there is.
The fact that control is highly concentrated in the hands of few top holders does not determine if and how they are interconnected….
This remarkable finding raises at least two questions that are fundamental to the understanding of the functioning of the global economy.
Firstly, what are the implication for global financial stability?….
Recent works have shown that when a financial network is very densely connected, it is prone to systemic risk [24, 16].
Indeed, while in good times the network is seemingly robust, in bad times firms go into distress simultaneously.
This knife-edge property [25, 26] was witnessed during the recent financial turmoil [in the Lehman Brothers collapse of 2008].