Is The Rothschild dynasty worth over 500 trillion and do they own all the central banks of the world like the fed bank of England?
YES. IT'S TRUE
$500 trillion is an extremely conservative estimate. Its based on an assumption of only an 8% return on their holdings since 1931, when some speculate the return is near 100% per annum.
Under the surface, the Rothschild long had a powerful influence in dictating American financial laws. The law records show that they were powers in the old Bank of the United States [abolished by Andrew Jackson].
Rothschild quotes:
"Give me control of a nation's money and I care not who makes the laws."
"I care not what puppet is placed on the throne of England to rule the Empire, ...The man that controls Britain's money supply controls the British Empire. And I control the money supply."
"We shall have World Government, whether or not we like it. The only question is whether World Government will be achieved by conquest or consent."
Sunday, June 30, 2013
Federal Reserve Officials Testify On "Too Big To Fail Institutions"
June 29, 2013 C-SPAN
The "too big to fail" theory asserts that certain financial institutions are so large and so interconnected that their failure would be disastrous to the economy, and they therefore must be supported by government when they face difficulty. The colloquial term "too big to fail" was popularized by U.S. Congressman Stewart McKinney in a 1984 Congressional hearing, discussing the Federal Deposit Insurance Corporation's intervention with Continental Illinois. The term had previously been used occasionally in the press.
Proponents of this theory believe that some institutions are so important that they should become recipients of beneficial financial and economic policies from governments or central banks.[3] Some economists such as Paul Krugman hold that economies of scale in banks and in other businesses are worth preserving, so long as they are well regulated in proportion to their economic clout, and therefore that "too big to fail" status can be acceptable. The global economic system must also deal with sovereign states being too big to fail.
Opponents believe that one of the problems that arises is moral hazard whereby a company that benefits from these protective policies will seek to profit by it, deliberately taking positions (see Asset allocation) that are high-risk high-return, as they are able to leverage these risks based on the policy preference they receive. The term has emerged as prominent in public discourse since the 2007–2010 global financial crisis. Critics see the policy as counterproductive and that large banks or other institutions should be left to fail if their risk management is not effective. Some critics, such as Alan Greenspan, believe that such large organisations should be deliberately broken up: “If they’re too big to fail, they’re too big”. More than fifty prominent economists, financial experts, bankers, finance industry groups, and banks themselves have called for breaking up large banks into smaller institutions.
On March 6, 2013, United States Attorney General Eric Holder told the Senate Judiciary Committee that the Justice Department faces difficulty charging large banks with crimes because of the risk to the economy. Four days later, Federal Reserve Bank of Dallas President Richard W. Fisher wrote in advance of a speech to the Conservative Political Action Conference that large banks should be broken up into smaller banks, and both Federal Deposit Insurance and Federal Reserve discount window access should end for large banks. Other conservatives including Thomas Hoenig, Ed Prescott, Glenn Hubbard, and David Vitter also advocated breaking up the largest banks.
On April 10, 2013, International Monetary Fund Managing Director Christine Lagarde told the Economic Club of New York "too big to fail" banks had become "more dangerous than ever" and needed to be controlled with "comprehensive and clear regulation [and] more intensive and intrusive supervision.
The "too big to fail" theory asserts that certain financial institutions are so large and so interconnected that their failure would be disastrous to the economy, and they therefore must be supported by government when they face difficulty. The colloquial term "too big to fail" was popularized by U.S. Congressman Stewart McKinney in a 1984 Congressional hearing, discussing the Federal Deposit Insurance Corporation's intervention with Continental Illinois. The term had previously been used occasionally in the press.
Proponents of this theory believe that some institutions are so important that they should become recipients of beneficial financial and economic policies from governments or central banks.[3] Some economists such as Paul Krugman hold that economies of scale in banks and in other businesses are worth preserving, so long as they are well regulated in proportion to their economic clout, and therefore that "too big to fail" status can be acceptable. The global economic system must also deal with sovereign states being too big to fail.
Opponents believe that one of the problems that arises is moral hazard whereby a company that benefits from these protective policies will seek to profit by it, deliberately taking positions (see Asset allocation) that are high-risk high-return, as they are able to leverage these risks based on the policy preference they receive. The term has emerged as prominent in public discourse since the 2007–2010 global financial crisis. Critics see the policy as counterproductive and that large banks or other institutions should be left to fail if their risk management is not effective. Some critics, such as Alan Greenspan, believe that such large organisations should be deliberately broken up: “If they’re too big to fail, they’re too big”. More than fifty prominent economists, financial experts, bankers, finance industry groups, and banks themselves have called for breaking up large banks into smaller institutions.
On March 6, 2013, United States Attorney General Eric Holder told the Senate Judiciary Committee that the Justice Department faces difficulty charging large banks with crimes because of the risk to the economy. Four days later, Federal Reserve Bank of Dallas President Richard W. Fisher wrote in advance of a speech to the Conservative Political Action Conference that large banks should be broken up into smaller banks, and both Federal Deposit Insurance and Federal Reserve discount window access should end for large banks. Other conservatives including Thomas Hoenig, Ed Prescott, Glenn Hubbard, and David Vitter also advocated breaking up the largest banks.
On April 10, 2013, International Monetary Fund Managing Director Christine Lagarde told the Economic Club of New York "too big to fail" banks had become "more dangerous than ever" and needed to be controlled with "comprehensive and clear regulation [and] more intensive and intrusive supervision.
Corruption cast shadow over Vatican
Joseph Ratzinger resigned as Pope as a result of pending charges for criminal conspiracy to aid and protect child torture and trafficking..
The report reveals that the organization has procured an arrest warrant from an unnamed European nation against Ratzinger, and will move to place a commercial lien against all the financial assets of Vatican, Inc effective Easter Sunday, 3/31/13 via international law and the Rome Statute of the International Criminal Court..
The ITCCS (International Tribunal into Crimes of Church & State) states that it will proceed with the arrest warrant for Ratzinger even after he vacated the office of Pope, and will also pursue charges against Ratzinger's replacement as head of the Vatican..
ITCCS appears to be a small, rather unknown operation rather than a respected international tribunal and we would like to remind readers that JP Morgan was the Vatican's private bank, and was implicated in the Vatican money laundering scandal this past summer..
The historically unprecedented resignation of Joseph Ratzinger as Pope this week was compelled by an upcoming action by a European government to issue an arrest warrant against Ratzinger and a public lien against Vatican property and assets by Easter..
The ITCCS Central Office in Brussels is compelled by Pope Benedict's sudden abdication to disclose the following details:
1. On Friday, February 1, 2013, on the basis of evidence supplied by our affiliated Common Law Court of Justice (itccs.org), our Office concluded an agreement with representatives of a European nation and its courts to secure an arrest warrant against Joseph Ratzinger, aka Pope Benedict, for crimes against humanity and ordering a criminal conspiracy..
2. This arrest warrant was to be delivered to the office of the "Holy See" in Rome on Friday, February 15, 2013. It allowed the nation in question to detain Ratzinger as a suspect in a crime if he entered its sovereign territory..
3. A diplomatic note was issued by the said nation's government to the Vatican's Secretary of State, Cardinal Tarcisio Bertone, on Monday, February 4, 2013, informing Bertone of the impending arrest warrant and inviting his office to comply. No reply to this note was received from Cardinal Bertone or his office; but six days later, Pope Benedict resigned..
4. The agreement between our Tribunal and the said nation included a second provision to issue a commercial lien through that nation's courts against the property and wealth of the Roman Catholic church commencing on Easter Sunday, March 31, 2013. This lien was to be accompanied by a public and global "Easter Reclamation Campaign" whereby Catholic church property was to be occupied and claimed by citizens as public assets forfeited under international law and the Rome Statute of the International Criminal Court..
5. It is the decision of our Tribunal and the said nation's government to proceed with the arrest of Joseph Ratzinger upon his vacating the office of the Roman Pontiff on a charge of crimes against humanity and criminal conspiracy..
6. It is our further decision to proceed as well with the indictment and arrest of Joseph Ratzinger's successor as Pope on the same charges; and to enforce the commercial lien and "Easter Reclamation Campaign" against the Roman Catholic church, as planned..
In closing, our Tribunal acknowledges that Pope Benedict's complicity in criminal activities of the Vatican Bank (IOR) was compelling his eventual dismissal by the highest officials of the Vatican. But according to our sources, Secretary of State Tarcisio Bertone forced Joseph Ratzinger's resignation immediately, and in direct response to the diplomatic note concerning the arrest warrant that was issued to him by the said nation's government on February 4, 2013..
We call upon all citizens and governments to assist our efforts to legally and directly disestablish the Vatican, Inc. and arrest its chief officers and clergy who are complicit in crimes against humanity and the ongoing criminal conspiracy to aid and protect child torture and trafficking...
Obama - Crashing The American Economy
During a press conference in the White House , President Barack Obama warned Congressional Republicans not to hold the debt ceiling limit hostage in order to secure concessions on spending cuts from the White House. He spelled out what not increasing the debt limit would mean, and said clearly that the GOP in Congress "will not collect a ransom" from the president by holding the debt ceiling hostage
President Obama issues a strong warning to Republicans over the US debt ceiling.
President Barack Obama demanded that Congress quickly raise the US federal debt limit and warned that he will not allow the Republican opposition to "collect a ransom for crashing the US economy," as he set out a tough negotiating position on an issue that threatens to shut down the American government.
Mr Obama displayed the get-tough stance toward Congress a week before he is sworn in for a second term.
Democratic critics of the president in his first term had voiced serious reservations about his willingness to give ground to Republicans on the debt ceiling issue two years ago, after a huge partisan fight resulted in an unprecedented downgrading of America's credit rating and left in place across-the-board tax cuts established during the George W. Bush administration.
This time around, President Obama said Republicans who want to dramatically cut spending in return for raising US borrowing limits "will not collect a ransom in exchange for not crashing the economy."
"The full faith and credit of the United States of America is not a bargaining chip. And they better decide quickly because time is running short," Mr Obama declared, insisting, "We are not a deadbeat nation."
President Obama issues a strong warning to Republicans over the US debt ceiling.
President Barack Obama demanded that Congress quickly raise the US federal debt limit and warned that he will not allow the Republican opposition to "collect a ransom for crashing the US economy," as he set out a tough negotiating position on an issue that threatens to shut down the American government.
Mr Obama displayed the get-tough stance toward Congress a week before he is sworn in for a second term.
Democratic critics of the president in his first term had voiced serious reservations about his willingness to give ground to Republicans on the debt ceiling issue two years ago, after a huge partisan fight resulted in an unprecedented downgrading of America's credit rating and left in place across-the-board tax cuts established during the George W. Bush administration.
This time around, President Obama said Republicans who want to dramatically cut spending in return for raising US borrowing limits "will not collect a ransom in exchange for not crashing the economy."
"The full faith and credit of the United States of America is not a bargaining chip. And they better decide quickly because time is running short," Mr Obama declared, insisting, "We are not a deadbeat nation."
Germany aids US spying on Europeans
Press TV has conducted an interview with Darnell Stephen Summers, Vietnam War veteran from Berlin about the head of the European parliament requesting Washington provide clarity about spying of Europeans as revealed by hunted whistleblower Edward Snowden.
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