The BIS has long been a suspect organization and is tainted by collaboration with the Nazis during the War. The BIS laundered gold for Hitler, much of it plundered from the occupied countries of Europe. The BIS also laundered gold stolen from Jews who were murdered in the gas ovens of places like Auschwitz, Birkenau, and other notorious concentration camps. Today, it is associated with global drug money laundering.
Yet this is the very global central bank that sets the reserve ratio and interest rates for banks in almost every country in the world. It policies affect nearly every human being on the planet, usually adversely. If it can dominate the money of the world then it can dominate the governments and peoples of the world.
The World Bank and IMF are two other piratical organizations that have plundered entire countries to enrich their bankster controllers. To quote John Perkins, author of Confessions of an Economic Hitman:
"The World Bank is a tool of economic hit men, there is no question about it. It's the tool of big corporations, the IMF and most of what we call intelligence agencies of the United States, CIA and NSA... All of these organizations are basically tools of what they call the corporatocracy. The men and a few women who run the biggest and most powerful corporations also run most of the government. Economic hit men help channel the resources of organizations like the World Bank and the IMF, the NSA and the CIA to support the larger agenda." (Quote from an interview with TheDailyBell. com)
When asked about the IMF, Perkins replied:
"It's a servant of the corporatocracy, of economic hit men. One of my jobs as an economic hit man was to identify countries that had resources like oil and arrange huge loans for those countries from the World Bank and sister organizations. But the money would never go to the actual country; instead it would go to our own corporations to build infrastructure projects in that country like power plants and industrial parks; things that would benefit a few very wealthy families.
"So then the people of the country would be left holding this huge debt that they couldn't repay. We would come back and say, 'Well, since you can't repay your debt, you have to restructure your loan.' That's when the IMF comes in. So the World Bank makes the original loan and IMF shows up and says, 'We'll help you restructure your loan, but in order to do that you have to meet certain conditionalities. You have to sell your oil or whatever the coveted resource is at a cheap price, to the oil companies without restrictions.' Or they would suggest the country sell electric utilities, water and sewage, maybe even your schools and jails to private multi-national corporations. Or maybe allow military bases to be built; these sorts of things."
Political commentator Hans Schicht proposes a solution. Writing in gold-eagle.com in 2008, he says:
"The western monetary system is based on fraud...All the robber barons should be put behind bars. The Central Banks, the IMF, the BIS abolished. All banks and financial institutions expropriated. All stolen assets confiscated and either returned to their rightful owners or the proceeds re-directed to cover the nation's expenses for many years to come to the benefit of the tax-payer. Financial laws should be re-written and financial crime made part of common crime. All debts should be cancelled and Debt declared illegal. Like physical slavery was abolished so should debt slavery." [Emphasis in original.]
A Revolutionary Solution -- Stop Paying The Banks! -- Lawfully!
Hans Schicht's solution has a lot of merit. But what can we, the common citizens, do right now to end this global banking thievery and criminality?
We can start today by lawfully stopping all payment to corrupt banksters. We can lawfully write off our existing 'debts' to these criminals. We can start to bring the whole rotten edifice come crashing down by withdrawing our support for these criminal institutions.
Many people are becoming aware that most bank loans, mortgages, car loans, credit card debt, etc. are illegitimate and fraudulent, as explained earlier in this article. Tens of thousands of borrowers -- who are really the lenders -- are now challenging the banksters to validate their so-called loans. The banksters are unable to validate these 'loans' because they never loaned any of their own money in the first place.
People are writing to the banks and financial institutions in their tens of thousands, perhaps hundreds of thousands, asking for three documents:
1. The original contract with the 'wet ink' signatures of both parties.
2. A sworn copy of the accounting, under penalty of perjury and on the respondent's commercial liability, showing that the loan came from the bank.
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