The Bank for International Settlements
For Brannon S. Howse
© Brannon S. Howse, 2013
These Power-Point slides are for Situation Room members to use for teaching and instruction in a public or private setting. However these slides are not
to be distributed to others in keeping with your Situation Room membership agreement.
Bank For International Settlements
Picture by David Croll, taken March 17 2005 . This picture was taken from the German Wikipedia
Adolf Hitler and Hjalmar Schacht
Tragedy and Hope by Carroll Quigley
Carroll Quigley:
The power of financial capitalism had another
far reaching plan, nothing less than to create a
world system of financial control in private
hands able to dominate the political system of
each country and the economy of the world as
a whole. This system was to be controlled
in a feudalistic fashion by the central banks of
the world acting in concert, by secret
agreements arrived at in frequent meetings and
conferences. The apex of the system was to be
the Bank for International Settlements in Basle,
Switzerland, a private bank owned and
controlled by the world’s central banks, which
were themselves private corporations.
Each central bank, in the hands of men like
Montagu Norman of the Bank of England,
Benjamin Strong of the New York Federal
Reserve Bank, Charles Rist of the Bank of
France, and Hjalmar Schacht of the
Reichsbank, sought to dominate its government
by its ability to control treasury loans, to
manipulate foreign exchanges, to influence
The level of economic activity in the country,
and to influence co-operative politicians by
subsequent rewards in the business world.
According to James C. Baker, pro-BIS
author of The Bank for International
Settlements: Evolution and Evaluation:
The BIS was formed with funding by the central
banks of six nations, Belgium, France,
Germany, Italy, Japan, and the United
Kingdom. In addition, three private international
Banks from the United States also assisted in
financing the establishment of the BIS.
Carl Teichrib:
One can surmise that a financial circle exists
where the World Bank helps nations get into
debt, then when these countries can’t pay their
massive loans, the IMF bails them out with
taxpayer money—and in the middle stands the
BIS, collecting fees as the money travels back
and forth like the ocean tide, while assuring
everyone that all is well.
In 2003 The BIS switched from the Swiss gold
franc as the bank’s unit of account and replaced
it with the SDR (Special Drawing Rights)
The “basket” of currencies that make up the
SDR currently include the euro, Japanese yen,
pound sterling and the U.S. dollar
st
21
The Brandt Equation,
Century Blueprint
for the New Global Economy reports:
Since the SDR is the world’s only means of
meeting international payments that has been
authorized through international contract, ‘The
SDR therefore represents a clear first step
towards a stable and permanent international
currency.’
BIS Papers No. 17, Regional Currency Areas
and the Use of Foreign Currencies reports:
Given the high proportion of Canada and
Mexico’s trade with the United States, a NAFTA
dollar or ‘Amero’ has been proposed by some
Canadian academics such as Grubel.
C. Fred Bergsten is a prominent and core
Trilateral Commission member and head of
the Institute for International Economics. On
January 3, 1999, Bergsten wrote in the
Washington Post:
The adoption of a common currency is by far
the boldest chapter of European integration.
Money traditionally has been an integral
element of national sovereignty…and the
decision by Germany and France to give up
their mark and franc…represents the most
dramatic voluntary surrender of sovereignty in
recorded history. The European Central Bank
that will manage the euro is truly a
supranational institution.
Jean-Claude Trichet, President of the
European Central Bank, April 26, 2010:
More generally, the crisis has weakened the
arguments of those who think that deregulation
is always conducive to better functioning
markets. We have learned once again that
markets cannot function properly without an
Effective regulatory and supervisory
infrastructure. Governments, central banks,
international institutions and globally agreed
prudential standards and codes are the means
by which we collectively speak to avail
ourselves of the global public good of global
economic stability.”
Jean-Claude Trichet, President of the
European Central Bank, April 26, 2010:
3. The evolution of global governance:
Let me turn to the question of how global
governance is evolving after the crisis.
Overall, the system is moving decisively
towards genuine global governance that is
much more inclusive, encompassing the key
emerging economies as well as industrialized
countries. The significant transformation of
global governance that we are engineering
today is illustrated by three examples.
First, the emergence of the G20 a the prime
group for global economic governance at the
level of ministers, governors and heads of state
or government.
Secondly, the establishment of the Global
Economy Meeting of central bank governors
under the auspices of the BIS as the prime
group for the governance of central bank
cooperation.
…the Global Economy Meeting (GEM), which
gathers at the BIS headquarter in Basel. Over
the past few years, this forum has included 31
governors as permanent members plus a
number of other governors attending on a
rotating basis.
The GEM, in which all systemic emerging
economies’ Central Bank governors are fully
participating, has become the prime group for
global governance among central banks.
Jean-Claude Trichet, President of the
European Central Bank, April 26, 2010:
And Thirdly, the extension of Financial Stability
Board membership to include all the systemic
emerging market economies.
Dick Morris & Eileen McGann
April 7, 2009 European Socialism to Run Our
Financial System:
…the Financial Stability Board (FSB), a body of
central bankers from each of the G-20 states
and the European Union.
Dick Morris & Eileen McGann
April 7, 2009 European Socialism to Run Our
Financial System:
The Europeans have been trying to get their
hands on our financial system for decades. It is
essential to them that they rein in American free
enterprise so that their socialist heaven will not
be polluted by vices such as the profit motive.
Dick Morris & Eileen McGann
November 19, 2008, Bush Hands Over Reins
of U.S. Economy to EU:
The results of the G-20 economic summit
amount to nothing less than the seamless
integration of the United States into the
European economy.
Dick Morris & Eileen McGann
November 19, 2008, Bush Hands Over Reins
of U.S. Economy to EU:
The International Monetary Fund (IMF), a
European-dominated operation, would conduct
“regular vigorous reviews” of American financial
institutions and practices.
Dick Morris & Eileen McGann
November 19, 2008, Bush Hands Over Reins
of U.S. Economy to EU:
George W. Bush has done all the heavy lifting
for him [Obama]. It was under Bush that the
government basically took over the chief
stockholder of our financial institutions and
under Bush we ceded our financial controls to
the European Union.
Jean-Claude Trichet, President of the
European Central Bank, April 26, 2010:
…global governance is of the essence to
improve decisively the resilience of the global
financial system. We avoided a major
depression but it was a close call.
th
15 ,
December
1922
The Council on Foreign Relations journal,
Foreign Affairs article by Philip Kerr
(The Group), in which he states:
Obviously there is going to be no peace or
prosperity for mankind as long as (the earth)
remains divided into fifty or sixty independent
states…until some kind of international
System is created which will put an end to the
diplomatic struggles incident to the attempt of
every nation to make itself secure…The real
problem today is that of [how to get] the world
government.
1930, The New York Times article quoting
Rep. Louis McFadden (chairman of the
House Committee on Banking and
Currency):
The Federal Reserve Bank of New York is
eager to enter into a close relationship with the
Bank for International Settlements…The
conclusion is impossible to escape that
the State and Treasury Departments are willing
to pool the banking systems of Europe and
America, setting up a world financial power
independent of and above the Government of
the United States…
The United States under present conditions will
be transformed from the most active of
manufacturing nations into a consuming and
importing nation with a balance of trade against
it.
1939, October 29, Future Secretary of State
John Foster Dulles delivers a speech quoted
in the New York Times:
(there must be) some dilution of sovereignty, to
the immediate disadvantage of those nations
which now possess the preponderance of
power…the establishment of a common money,
Might be vested in a body created by and
responsible to the principle of trading and
investing peoples. This would deprive our
government of exclusive control over a
national money.
1966, The book Tragedy and Hope by Carroll
Quigley is published in which he writes:
There does exist, and has existed for a
generation, an international…network which
operates, to some extent, in the way the radical
Right believes the Communists act. In fact, this
network, which we may identify as the Round
Table Groups, has no aversion to cooperating
with the Communists, or any other groups, and
frequently does so. I know of the operations of
this network because I have studied it for
twenty years and was permitted for two years,
in the early 1960s, to examine its papers and
secret records. I have no aversion to it or to
most of its aims and have, for much
of my life, been close to it and to many of its
instruments. I have objected, both in the past
and recently, to a few of its policies,…but in
general my chief difference of opinion is that it
wishes to remain unknown, and I believe its role
in history is significant enough to be known.
In 1979 former U.S. Senator and Presidential
Candidate Barry Goldwater’s book With No
Apologies is published in which he writes:
What the Trilateralists truly intend is the
creation of a worldwide economic power
superior to the political governments of the
nation-states involved. They believe
The abundant materialism they propose to
create will overwhelm existing differences. As
managers and creators of the system they will
rule the future.
August
1994, on ABC’s “This Week with
David Brinkley”, commentator Cokie
Roberts says:
th
28
“Global bankers are really running the world.”
On May 4, 1996, The Seattle Times publishes
an article by syndicated columnist
Alexander Cockburn in which he declares:
…there is, in emerging outline, a world
government composed of the International
Monetary Fund and the central banks of leading
industrial nations. National sovereignty is being
eroded…
1996, The Confidence Game: How Unelected
Central Bankers Are Governing the Changed
Global Economy is published. The book was
written by Steven Solomon, a former staff
reporter for Forbes magazine.
Ten Unions Now Being Discussed or
Already in Existence
Source: http://ec.europa.eu/world/where/index_en.htm
North America
Central America and Caribbean
South America
Western Europe
Eastern Europe and Central Asia
Mediterranean and Middle-East
Africa
North-East and South Asia
South-East Asia
Australia and Pacific
The Euobserver.com 05/06/08
Australian Prime Minister Kevin Rudd has
suggested that Asia and Pacific countries,
including the region's heavyweights such as
China, India and Japan, form a regional bloc
similar to the European Union.
The Euobserver.com reports that:
The proposal is the latest in a long line of
regional groupings modeled on the European
Union. The African Union, a confederation of 53
African states was established in 2002, growing
out of the earlier Organization of African Unity.
On its face, while difficult to imagine, it makes
intuitive sense. The ability to combine Canadian
natural resources, American ingenuity and
cheap Mexican labor would allow North
America to compete better on a global stage.
Source: Market Watch 1/28/09
"Iraq is going to play a major stabilizing factor.”
Source: Euobserver 10/12/08
Gideon Rachman wrote a piece for the
Financial Times on Dec. 8th, 2008: “And
now for a world government.”
I think the formation of some sort of world
government is plausible.” A “world government”
would involve much more than co-operation
between nations. It would be an entity with state-like
characteristics, backed by a body of laws.
The European Union has already set up
continental government for 27 countries, which
would be a model. The EU has a supreme
court, a currency, thousands of pages of law, a
large civil service and the ability to deploy
military force.
So could the European model go global? There
are three reasons for thinking that it might.
Revelation 17:12-13:
The ten horns which you saw are ten kings who
have received no kingdom as yet, but they will
receive authority for one hour as kings with the
beast. These are of one mind, and they will give
their power and authority to the beast.
Revelation 17:16:
And the ten horns which you saw on the beast,
these will hate the harlot, make her desolate
and naked, eat her flesh and burn her with fire.