Search Results: banking

• How Israel Plans to Rule the World: Part 1 The Plan

  Feb 14, 2011 by TheOpenSource.TV / 2,567 Views

  By james at winterpatriot.com

  With all eyes focused on Egypt at the moment, the following is written to further place the Egyptian protests in the larger context of the wider turmoil in the world and the dominant force that is shaping not only Egypt's future but this world's future with it.
  
  I will attempt to illustrate the power of this force by outlining it in three separate posts being parts 1, 2 and 3-
  
  The Plan
  The Strategy in principle and
  The Strategy in action: using the disaffection in Egypt
  
  THE PLAN
  
  There are a number of major forces in the world today but by far the most aggressive of them is the force that lies behind the state of Israel, Zionism. And the force that lies, in turn, behind Zionism is the international bankers and, in particular, those bankers that form the Jewish clique who are by far the biggest players within the banking circle. They control the two most influential central banks in the world, the Bank of England and the Federal Reserve Bank of the the US. They also control the body that co-ordinates central banks throughout the world, the Bank for International Settlements in Basle Switzerland.
  
  Actually, these bankers are not principally bankers at all but rather men, families, that are world dominionists. They intend to rule the world and they are well on the way after two hundred years of planning and manoeuvring. Money from banking is their primary tool. All their other power, influence and domination flow from this. The pre-eminent family amongst these bankers is the Rothschilds. Heinrich Heine, a poet-philosopher and banker's son said of James Rothschild,

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• The Largest Heist In History

  Nov 19, 2010 by TheOpenSource.TV / 1,754 Views

  Building the Great Pyramid: The Global Financial Crisis Explained
  

    When the financial crisis erupted at the end of September 2008, there was an unusual sense of incredible panic among banking executives and government officials. These two establishment groups are known for their conservative, understated approach and, above all, their stiff upper lip. Yet at the time they appeared to the public running about like headless chickens. It was chaos. A state of complete chaos. Within a few weeks, however, decisions were made and everything seemed to returned to normal and back under control. The British Prime Minister Gordon Brown even famously remarked that the government "saved the world."
  

    But what really caused such an incredible panic in the establishment well known for its resilience? Maybe there are root causes that were not examined publicly and the government actions are nothing more than a temporary reprieve and a cover-up? Throwing good money after bad money, maybe?
  

  MONEY MAKING MACHINE

    In order to answer these questions we have to examine the basic principles on which the banking system operates and the mechanisms that caused the current crisis. Students at the A-level are taught about "multiple deposit creation," It is the most rudimentary money creation mechanism for banks, which if administered properly serves the economy and public at-large very well. In the deposit creation process a bank accepts deposits and lends them out. But almost every lending returns soon to the bank as a deposit and is lent again. In essence, when people borrow money they do not keep it at home as cash, but spend it, so this money finds its way back to a bank quite quickly. It is not necessarily the same bank, but as the number of banks is limited (indeed very small) and there is

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• Elite is Preparing to Sell Ireland Down The River

  Oct 9, 2010 by TheOpenSource.TV / 1,432 Views

  The last time I checked there was a harp on the front of my passport, not a picture of Michael Fingleton.

  The other day I met a German radio presenter from ARD, the German public radio station. I

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• Letter to the New Mayor of Reykjavik, Iceland from Bill Still

  Jul 7, 2010 by TheOpenSource.TV / 1,981 Views

  Mr. Mayor,

  I am the writer/director of "The MoneyMasters" and the new film, "The Secret of Oz".

  By coincidence, I landed in Iceland on May 31, 2010, two days after your election.

  I was asked to come to Iceland to try to help make suggestions for your economy. We formed something called the Icelandic Monetary Reform Working Group (IMRWG) and met with three members of Parliament, including Birgitta Jonsdottir.

  Someone on your staff will be meeting with our group tomorrow (Monday). I just want to get in touch with you personally to briefly explain what it's all about.

  We (IMRWG) decided that the BEST thing to do was to try to meet with you to convince you to form the BEST BANK to help relieve the people whose homes were being foreclosed on by the banks. BEST BANK would be modeled on the Bank of North Dakota (BND).

  Here is how it works. The City of Reykjavik (CR) creates its own bank. Really, since Iceland has had bad experiences with banks being closely tied with certain political parties, it is probably BEST to call it "Bank of Reykjavik" (BR). But just for fun, let's call it Best Bank (BB).

  CR deposits all its tax receipts into BB. Let's say that is 200.000.000 KR per year. This is an asset that can be multiplied by a factor of 9 according to international banking rules. Using the fractional reserve principle that is well accepted by the IMF, that would allow BB to IMMEDIATELY make loans of 1.800.000.000 KR. Since CR completely owns BB, BB could make these loans to anyone it chooses, including the city government, at NO interest -- yes, that's right, ZERO interest. This is completely legal! That is why North Dakota is the ONLY state in the U.S. with a balanced budget, no debt, and the lowest unemployment rate in the nation.

  But it gets ever better. The City of Reykjavik has other assets as well. According to the same international banking rules, the CR gets to count the value of all roads, bridges, buildings, etc. into its asset base. That amount is huge! Now, of course, you would not want to inflate the amount of money too much, or take any risk with the assets of CR, so you wouldn't loan out anywhere near as much as you could, but think of the number of people you could help by lending out 2 BILLION KR? Of course, the CR could use this money to help repair the economy in other ways as well as keep taxes low in these difficult economic times. That is what North Dakota does with its bank.

  When it comes to houses, there is a problem.The cost of houses went far too high. That needs to be brought down. So you need to consider this. You do not want to keep the price of housing high. Prices must come down. But there are good economists in Iceland which can help you there, including the Gang of 8. 

  You have an historic opportunity today to change the Icelandic monetary system. If you approve of Best Bank, the Parliament will follow. If the nation of Iceland escapes the debt money system which the IMF is trying to enslave Iceland in, investment money from around the world will flow into Iceland. My wife and I would gladly deposit our money into Best Bank because we know how strong it would be. Many other Americans would do the same. Once BB is working, other nations will be watching.

  Bill Still

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