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Posts Tagged ‘IMF’

Goodbye G20, hello BRICS+

Posted by M. C. on November 18, 2022

Meanwhile, the role of the BRICS’s New Development Bank (NDB) as well as the China-led Asia Infrastructure Investment Bank (AIIB) will be enhanced – coordinating infrastructure loans across the spectrum, as BRICS+ will be increasingly shunning dictates imposed by the US-dominated IMF and the World Bank.

https://thecradle.co/Article/Columns/18477

By 

Pepe Escobar

The redeeming quality of a tense G20 held in Bali – otherwise managed by laudable Indonesian graciousness – was to sharply define which way the geopolitical winds are blowing.

That was encapsulated in the Summit’s two highlights: the much anticipated China-US presidential meeting – representing the most important bilateral relationship of the 21st century – and the final G20 statement.

The 3-hour, 30-minute-long face-to-face meeting between Chinese President Xi Jinping and his US counterpart Joe Biden – requested by the White House – took place at the Chinese delegation’s residence in Bali, and not at the G20 venue at the luxury Apurva Kempinski in Nusa Dua.

The Chinese Ministry of Foreign Affairs concisely outlined what really mattered. Specifically, Xi told Biden that Taiwan independence is simply out of the question. Xi also expressed hope that NATO, the EU, and the US will engage in “comprehensive dialogue” with Russia. Instead of confrontation, the Chinese president chose to highlight the layers of common interest and cooperation.

Biden, according to the Chinese, made several points. The US does not seek a New Cold War; does not support “Taiwan independence;” does not support “two Chinas” or “one China, one Taiwan”; does not seek “decoupling” from China; and does not want to contain Beijing.

However, the recent record shows Xi has few reasons to take Biden at face value.

The final G20 statement was an even fuzzier matter: the result of arduous compromise.

As much as the G20 is self-described as “the premier forum for global economic cooperation,” engaged to “address the world’s major economic challenges,” the G7 inside the G20 in Bali had the summit de facto hijacked by war. “War” gets almost double the number of mentions in the statement compared to “food” after all.

The collective west, including the Japanese vassal state, was bent on including the war in Ukraine and its “economic impacts” – especially the food and energy crisis – in the statement. Yet without offering even a shade of context, related to NATO expansion. What mattered was to blame Russia – for everything.

The Global South effect

It was up to this year’s G20 host Indonesia – and the next host, India – to exercise trademark Asian politeness and consensus building. Jakarta and New Delhi worked extremely hard to find wording that would be acceptable to both Moscow and Beijing. Call it the Global South effect.

Still, China wanted changes in the wording. This was opposed by western states, while Russia did not review the last-minute wording because Foreign Minister Sergey Lavrov had already departed.

On point 3 out of 52, the statement “expresses its deepest regret over the aggression of the Russian Federation against Ukraine and demands the complete and unconditional withdrawal of armed forces from the territory of Ukraine.”

“Russian aggression” is the standard NATO mantra – not shared by virtually the whole Global South.

The statement draws a direct correlation between the war and a non-contextualized “aggravation of pressing problems in the global economy – slowing economic growth, rising inflation, disruption of supply chains, worsening energy, and food security, increased risks to financial stability.”

As for this passage, it could not be more self-evident: “The use or threat of use of nuclear weapons is inadmissible. The peaceful resolution of conflicts, efforts to address crises, as well as diplomacy and dialogue, are vital. Today’s era must not be of war.”

This is ironic given that NATO and its public relations department, the EU, “represented” by the unelected eurocrats of the European Commission, don’t do “diplomacy and dialogue.”

See the rest here

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The Bretton Woods Institutions and the Accelerated Dystopian Transformation of the Food Industry

Posted by M. C. on September 8, 2022

Subsequently, in 2020, the IMF stressed the importance of raising the prices of “land-intensive food (for example, beef).” This would help reduce the consumption of animal products by shifting “consumer preferences away” from items like meat, milk, and egg products. In essence, the IMF supports having “taxes levied” on “meat, dairy, and ultra-processed food” in order to “discourage their overconsumption.” 

Time for “World” and “International” institutions to go. Oh ya, guess who is paying for them.

https://mises.org/wire/bretton-woods-institutions-and-accelerated-dystopian-transformation-food-industry

Birsen Filip

The global food industry is currently undergoing a major transformation in the name of averting “climate change” that will involve the adoption of new technologies in the production process and the creation of alternative food products for consumption. Facilitating this transition has become a key priority of many international organizations and institutions, including the World Economic Forum (WEF), the United Nations, and the Bretton Woods institutions, which consist of the World Bank, the International Monetary Fund (IMF), and the World Trade Organization (WTO).

However, while the role of the WEF in the “Great Food Transformation” has been garnering more attention in recent months, those of the IMF, World Bank and WTO have gone relatively unnoticed. Like the WEF, these institutions have been highlighting the negative effects of the agriculture sector on the climate over the past few years, primarily “crop cultivation and livestock production.” They also claim that, in addition to being detrimental to the environment, meat and dairy products are “unhealthy” foods. According to the IMF, “reducing livestock emissions” is among the key actions needed to meet the “climate neutrality target [also known as net-zero emissions] by 2050,” which will also include “replacing polluting coal, gas and oil-fired power with energy from renewable sources, such as wind or solar” in over 120 countries. With respect to agriculture, the IMF advises “diversifying away from beef production” by “applying enhanced farm management practices and new technologies.”

In fact, the IMF published an article in 2019 urging radical changes on the supply side of food production in order to decrease “emissions in agriculture.” Specifically, this article stated that

global production and consumption of red meat (especially beef) and dairy will need to be cut by about 50 percent, through substitution of proteins supplied by plants. Urgent action in the top three beef (United States, Brazil, European Union) and dairy (United States, India, China) producers is key. Second, a large-scale shift is needed away from conventional monoculture agriculture toward practices that support biodiversity, such as organic and mixed crop-livestock farming, sustainable soil management, and ecosystem restoration. Denmark and the Netherlands were among the first countries to announce ambitious organic transformation plans.

Subsequently, in 2020, the IMF stressed the importance of raising the prices of “land-intensive food (for example, beef).” This would help reduce the consumption of animal products by shifting “consumer preferences away” from items like meat, milk, and egg products. In essence, the IMF supports having “taxes levied” on “meat, dairy, and ultra-processed food” in order to “discourage their overconsumption.” According to the IMF:

The average US retail price of a Big Mac, for example, is around $5.60. But with all the hidden expenses of meat production (including health care, subsidies, and environmental losses) the full burden on society is a hefty $12 per sandwich—a price that, if actually charged, could more than halve the US demand for burgers…. Likewise, a gallon of milk would run $9 instead of $3.50 and a store-bought, two-pound package of pork ribs would jump from $12 to $32.

It appears that, much like the WEF, the IMF is so committed to achieving “a Great Food Transformation” that it openly endorses using a centrally planned system to set the quantities and prices of food products to be sold instead of allowing them to be determined through voluntary exchanges in the marketplace, even though this would bring about the demise of economic freedom. The IMF also supports measures aimed at preventing individuals from consuming “animal products for breakfast or lunch.” To encourage the acceptance of these ideas and changes on the part of the people, the IMF has called for promoting the notion that such “dietary changes would entail health benefits as well as public spending savings.”

According to the IMF, achieving “a Great Food Transformation” will also require the redirection of state subsidies and loans toward “sustainable farms producing plant-based protein for human consumption and toward incentives for innovation on alternative proteins and smart farming technologies.” It would also involve “removing tax expenditure favoring products with emission-intensity,” such as “dairy/meat products,” and “providing financial support to R&D initiatives on emission reduction and carbon capture in agriculture.” Additionally, the IMF is of the view that stripping financial institutions of the ability to “lend to nonsustainable agri-food firms” would “provide essential support to a Great Food Transformation.”

See the rest here

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‘Cost-Free’: Biden Admin May Soon Infuse the IMF With $650 Billion ‘for Ukraine’

Posted by M. C. on July 15, 2022

A globalist plan of action with a truly nefarious agenda.

So what is that? Half the real US military budget?

By Jordan Schachtel
The Dossier

https://dossier.substack.com/p/cost-free-biden-admin-may-soon-infuse

Democrats in Congress and their globalist billionaire backers are lobbying the Biden Administration to deploy hundreds of billions of dollars into the International Monetary Fund (IMF). The initiative is being advertised to “save Ukraine” and impoverished nations, but it acts as an instrument to further centralize monetary power.

In a letter this week that was signed by almost 50 democrat members of Congress, the politicians pressed the Biden Administration to infuse the IMF with $650 billion worth of Special Drawing Rights (SDRs), bringing the international institution an enormous amount of capital to increase its lending and borrowing capacity.

Last year, citing the economic pain caused by their own COVID policies, Congress passed a bill resulting in the IMF approving a $650 billion SDR package. Now, it is being rebranded to “help Ukraine.” According to the letter, Biden can approve an additional $650 billion in liquidity without any new legislation from Congress. With the stroke of a pen, Joe Biden can instruct the Treasury to send $650 billion into a black hole.

The legislators describe the proposed money creation as “a simple, rapid, and cost-free way to enable Ukraine, its neighboring allies, and developing countries to respond to, and build back better from, these combined international crises.”

Yes, they labeled it cost-free.

The below IMF infographic provides the “official” explanation for what an SDR is, and what it is based upon. In short, it empowers the IMF’s largest stakeholders with a centralized reserve token with which to lend and borrow money as it sees fit. As the infographic explains, new SDRs are allocated to member countries in proportion to their relative share in the IMF, bringing more credit power to already powerful states.

Of course, there is no benefit to the average citizen, as SDRs are controlled by the people in charge, and it can potentially increase monetary debasement.

Moreover, there is a much more nefarious agenda in play here. The real purpose of an SDR, as outlined in IMF literature, is the continuing centralization of fiat currency systems, to the point that the SDR becomes the only game in town.

As the Mises Institute explains:

“The short-term plan, therefore, is to remove any remaining checks on fiat inflation at an international level, and to allow the deficits of sovereign debtors to soar. The long-term plan … is to make SDR the global paper money.”

In the words of the late Austrian economist Murray Rothbard, the plan amounts to this reality:

“An internationally coordinated and controlled world-wide, paper-money inflation, a fine-tuned inflation that would proceed unchecked upon its merry way until, whoops!, it landed the entire world smack into the middle of the untold horrors of global runaway hyperinflation.”

This extra liquidity would allow select IMF member states to move around hundreds of billions of dollars with no oversight. The creation of more SDRs makes for an even more centralized monetary environment, in which allocations of capital are made not according to market forces, but based on the whims of unaccountable bureaucrats.

Read the Whole Article

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Oops! Our Bad! IMF Director Admits “We Printed too Much Money”

Posted by M. C. on April 29, 2022

https://schiffgold.com/commentaries/oops-our-bad-imf-director-admits-we-printed-too-much-money/

 BY MICHAEL MAHARREY 

Mostly we get lies, spin and obfuscation from central bankers, politicians and bureaucrats. But every once in a while, one of these people accidentally wanders into the truth.

IMF Director Kristalina Georgieva did just that during a recent panel discussion hosted by CNBC. She conceded that central banks globally “printed too much money and didn’t think of unintended consequences.”

See the rest here

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Four Unreported Signs Paper Money is Dying

Posted by M. C. on September 7, 2021

By Matthew Piepenburg

Reason 1: The Taper Debate May Not be a Debate at All

Here, we look past the taper headlines and ask a simple question: Would a Fed “tapering” of QE really matter?

As we’ve written elsewhere, the Great Taper Debate is less of a debate than it is a pundit circus, forever fueling now classic yet complimentary debates on inflation vs. deflation, gold vs. the dollar and Fed-speak vs. honesty.

Of course, such topics, including the great “taper,” are all critical issues worthy of opposing views and somber discussions.

The world needs open, transparent and respectful (as opposed to tyrannical) debate, now more than ever.

If the Fed, for example, were to taper money printing, it’s logical to assume (and argue) that this would mean falling bonds, rising rates, deflationary forces, a stronger dollar and massive headwinds for risk assets like stocks and real estate.

But for many who are not otherwise deeply ensconced into the weeds of Wall Street (i.e., normal, smart and conscientious investors), what they may not know is this: The Fed has other tricks up its liquidity sleeve than just “QE.”

Stated otherwise, the taper fears as well as taper debate may not be as central to the central bank debate as one might think.

Why?

Hidden Liquidity Tricks and More Central Bank Fire Hoses

Because hidden within the backwash of the deliberately murky and mysterious (i.e., toxic) love affair between Wall Street and the Fed, lies unmarked little islands of hidden liquidity powers known as the Standard Repo Facility (SRF).

Specifically, we’re referring to the Reverse Repo Program (RRP) for domestic use and the FIMA swap lines (for foreign creditors) which allows the Fed to keep dumping liquidity into the system even during a QE “taper.”

The RRP program, for example, allows the Fed to help commercial banks avoid (i.e., cheat on) those otherwise laudable Basel 3 rules, thereby giving our seemingly immortal banks the hidden power to circumvent Basel 3’s reserve requirements.

Without diving too deep into this intentionally complex arena, RRP programs technically reduce liquidity, but the program’s fine print effectively allows increasingly less “liquid” commercial banks to sidestep Basel 3, which means they are not forced to become “less liquid” in actual practice—just more dangerous.

As we warned months ago, as debt conditions worsen, so too does transparency and truth; far more importantly, centralized control over (and support for) an otherwise grossly distorted banking system (and risk asset bubble) continues to rise behind the headlines.

In short, if investors are wondering why or how markets can and could climb despite “taper” headlines, the answer is hidden in plain yet deliberately complex sight. After all, distortion loves to hide behind complexity.

Like inflation, the real truth behind Basel 3 and the taper-debate is hidden behind deliberate obfuscation and mis-reporting—what normal folks call, well…lies.

This means, taper or no taper, the dollar liquidity will keep pumping within the fantasy islands of the RRP archipelago and hence the liquidity needed to help “inflate away” otherwise unconscionable and mathematically growth-killing sovereign debt will and can continue.

Such liquidity trends, of course, just mean the further debasement of fiat/paper money.

Reason 2: The IMF Signals More Liquidity

But if you think the Fed is the only monetary body growing more desperate and hence liquidity-clever by the day, let’s not forget those Wunderkinder at the IMF nor Forest Gump’s reminder that when it comes to dumping more paper money onto an already unsustainable debt pile, “stupid is as stupid does.”

Just one month ago, the IMF’s board of governors approved an allocation (its first since 2009) of Special Drawing Rights (SDR) to the tune of $650B (456B in SDR) in order to stimulate, you guessed it, more global liquidity.

See the rest here

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The Great Reset Morality: Euthanization of the Inessentials — Strategic Culture

Posted by M. C. on April 21, 2021

https://www.strategic-culture.org/news/2021/04/19/great-reset-morality-euthanization-of-inessentials/

Joaquin Flores

https://player.vimeo.com/video/538752416
Our aim is to attempt to understand the real motives of the elites, understanding that aside from what they may view as their own agency or intentions, are paradigmatic and formative questions in culture, of which they too are subjects of.

2 Corinthians 10:3-5

For though we walk in the flesh, we do not war after the flesh:

For the weapons of our warfare are not carnal, but mighty through God to the pulling down of strong holds;

Casting down imaginations, and every high thing that exalteth itself against the knowledge of God, and bringing into captivity every thought to the obedience of Christ

Genocide or Slavery? What do the elites plan for us? In the next several installments, we will address possible competing visions for the Great Reset’s technocratic coup against constitutional republican norms.

The present debate must take into account the status of corporate culture and corporate ideology and ideals in the transition from plutocratic oligarchical norms into technocratic oligarchical norms.

While the corporate elites of the banking institutes centered around the IMF, World Bank, Bank for International Settlements, and voiced through the World Economic Forum have a particular vision for the society they want to shape, they do not do so in a vacuum. Rather, they themselves are both shaped and severely limited by the paradigm from which they emerged, and the combined ecosphere of social views within which they swim.

While some form of 4th Industrial Revolution is inevitable for the same reason that the Luddites of 19th century England were doomed from the start, the particular vision of a post-financial order being now enforced by the elites only bears all of the greatest defects and birthmarks of the historical era and paradigm from which their values and visions were formed.

This piece aims to focus on that sphere of values and visions – in short, the corporate ideal.

We have demonstrated that there is a positive version of the 4IR that free citizens can fight for and win, but they must both be engaged in a fight where the freedoms they have to carry out that fight against the Bill Gates and Klaus Schwabs of the world, give shape and form to the same type of society which can be formed on those same constitutional and republican principles of freedom, community empowerment, and individual, bodily, and economic autonomy, and property rights.

The debate surrounds several end-game scenarios of western elites with this Great Rest Agenda for 2030. Primarily, these are;

Whether the eradication of the majority of humanity is preferable;

Or

Whether the enslavement of the majority of humanity is preferable;

Naturally, any varying combination of the above is within play, but we are interested in whether one will predominate over the other.

In other words, is it preferable that some 9/10ths of the world’s population figure is eliminated? Or that some number closer to the present number is sustained, but reduced to complete subservience? By this we mean regimentation, surveillance, restricted movement, and cybernetic controls over cognitive and biological processes. Or is some measure squarely in between these two the most preferable?

Another possibility, is that after some 9/10ths of the population figure is reduced, that some relatively ‘normal’ (in terms of liberal democracy) rights (privileges) are ‘given’ to the remaining global population. This much may be entertained if what we are involved in presently is a broad eugenics program, not just blind population reduction, so that the remaining population will be those who – while not a part of the present financial elite – are considered genetically or socially important in terms of the gene pool or remaining subject/underling population, as part of some idealized vision of a hierarchical society somewhat reminiscent in form of the one we are presently leaving behind. As dark as that seems, we must understand that this is the ‘light’ scenario – which doesn’t speak to any benevolence afoot, but rather to the utter severity of the very ugly and real situation at hand.

In our next installment, we will dig further into these two alternative visions. Within these, various subplots are possible.

But to really understand things, will require a deeper discussion into the nature of rulership, of power, of control, of whether pain and suffering are tools towards an end, or ends in and of themselves. And while this part of the discussion will no doubt be a more dazzling encounter with the grim, the underlying thesis will be lost without an understanding of the corporate ideology which shaped the present discourse, which is our immediate subject today.

But nevertheless it came to pass that crimes against humanity; mass imprisonment, regimentation, and human experimentation towards a type of reified transhumanist dystopia, had come to characterize the trajectory of a totalitarian societal development in the western world.

With this, of course we refer to the Covid-19 measures and the Great Reset Agenda for 2030.

See the rest here

© 2010 – 2021 | Strategic Culture Foundation | Republishing is welcomed with reference to Strategic Culture online journal www.strategic-culture.org.

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Nationalism and Secession – LewRockwell

Posted by M. C. on August 24, 2020

Other things being equal, the lower the tax and regulation burden imposed by a government on its domestic economy, the larger its population tends to grow (for internal reasons as well as immigration factors), and the larger the amount of domestically produced wealth on which it can draw in its conflicts with neighboring competitors. For this reason centralization is frequently progressive. States that tax and regulate their domestic economies little—liberal states—tend to defeat, and expand their territories at the expense of, nonliberal ones

https://www.lewrockwell.com/2020/08/hans-hermann-hoppe/nationalism-and-secession/

By

[Published in Chronicles, Nov. 1993, p. 23–25]

With the collapse of communism all across Eastern Europe, secessionist movements are mushrooming. There are now more than a dozen independent states on the territory of the former Soviet Union, and many of its more than 100 different ethnic, religious, and linguistic groups are striving to gain independence. Yugoslavia has dissolved into various national components. Slovenia, Croatia, Serbia, and Bosnia now exist as independent states. The Czechs and the Slovaks have split and formed independent countries. There are Germans in Poland, Hungarians in Slovakia, Hungarians, Macedonians, and Albanians in Serbia, Germans and Hungarians in Romania, and Turks and Macedonians in Bulgaria who all desire independence. The events of Eastern Europe have also given new strength to secessionist movements in Western Europe: to the Scots and Irish in Great Britain, the Basques and Catalonians in Spain, the Flemish in Belgium, and the South Tyrolians and the Lega Nord in Italy.

From a global perspective, however, mankind has moved closer than ever before to the establishment of a world government. Even before the dissolution of the Soviet Union, the United States had attained hegemonical status over Western Europe (most notably over West Germany) and the Pacific rim countries (most notably over Japan)—as indicated by the presence of American troops and military bases, by the NATO and SEATO pacts, by the role of the American dollar as the ultimate international reserve currency and of the U.S. Federal Reserve System as the “lender” or “liquidity provider” of last resort for the entire Western banking system, and by institutions such as the International Monetary Fund (IMF) and the World Bank. Moreover, under American hegemony the political integration of Western Europe has steadily advanced. With the establishment of a European Central Bank and a European Currency Unit (ECU), the European Community will be complete before the turn of the century. In the absence of the Soviet Empire and its military threat, the United States has emerged as the world’s sole and undisputed military superpower.

A look at history reveals yet another perspective. At the beginning of this millennium, Europe consisted of thousands of independent territorial units. Now, only a few dozen such units remain. To be sure, decentralizing forces also existed. There was the progressive disintegration of the Ottoman Empire from the 16th century until after World War I and the establishment of modern Turkey. The discontiguous Habsburg Empire was gradually dismembered from the time of its greatest expansion under Charles V until it disappeared and modern Austria was founded in 1918. However, the overriding tendency was in the opposite direction. For instance, during the second half of the 17th century, Germany consisted of some 234 countries, 51 free cities, and 1,500 independent knightly manors. By the early 19th century, the total number of all three had fallen below 50, and by 1871 unification had been achieved. The scenario in Italy was similar. Even the small states have a history of expansion and centralization. Switzerland began in 1291 as a confederation of three independent cantonal states. By 1848 it was a single (federal) state with some two dozen cantonal provinces.

How should one interpret these phenomena? According to the orthodox view, centralization is generally a “good” and progressive movement, whereas disintegration and secession, even if sometimes unavoidable, represent an anachronism. It is assumed that larger political units—and ultimately a single world government—imply wider markets and hence increased wealth. As evidence of this, it is pointed out that economic prosperity has increased dramatically with increased centralization. However, rather than reflecting any truth, this orthodox view is more illustrative of the fact that history is typically written by its victors. Correlation or temporal coincidence do not prove causation. In fact, the relationship between economic prosperity and centralization is very different from—indeed, almost the opposite of—what orthodoxy alleges.

Political integration (centralization) and economic (market) integration are two completely different phenomena. Political integration involves the territorial expansion of a government’s power of taxation and property regulation (expropriation). Economic integration is the extension of the interpersonal and interregional division of labor and market participation.

In principle, in taxing and regulating (expropriating) private property owners and market income earners, all governments are counterproductive. Read the rest of this entry »

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From Sweden To Uruguay The Evidence Is Clear: Lockdown ‘Cure’ Worse Than The Disease

Posted by M. C. on July 28, 2020

IMF forces recipients to adapt disasterous Italian lockdown method.

Fauci on vaccine safety – don’t worry, be happy

Texas COVID (listen up PA) reported death reports lag actual death dates and make data look worse than reality.

 

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The Global Reset – Unplugged. “The Deep State” – Global ResearchGlobal Research – Centre for Research on Globalization

Posted by M. C. on July 20, 2020

The WEF-masters are confronted with a real dilemma. Their plan depends very much on the dollar supremacy which would continue to allow dishing out sanctions and confiscating assets from those countries opposing US rule; a dollar-hegemony which would allow imposing the components of The Great Reset scheme, as described above.

https://www.globalresearch.ca/global-reset-unplugged/5716178

By Peter Koenig

Imagine, you are living in a world that you are told is a democracy – and you may even believe it – but in fact your life and fate is in the hands of a few ultra-rich, ultra-powerful and ultra-inhuman oligarchs. They may be called Deep State, or simply the Beast, or anything else obscure or untraceable – it doesn’t matter. They are less than the 0.0001%.

For lack of a better expression, let’s call them for now “obscure individuals”. 

These obscure individuals who pretend running our world have never been elected. We don’t need to name them. You will figure out who they are, and why they are famous, and some of them totally invisible. They have created structures, or organisms without any legal format. They are fully out of international legality. They are a forefront for the Beast. Maybe there are several competing Beasts. But they have the same objective: A New or One World Order (NWO, or OWO).

These obscure individuals are running, for example, The World Economic Forum (WEF – representing Big Industry, Big Finance and Big Fame), the Group of 7 – G7, the Group of 20 – G20 (the leaders of the economically” strongest” nations). There are also some lesser entities, called the Bilderberg Society, the Council on Foreign Relations (CFR), Chatham House and more.

The members of all of them are overlapping. Even this expanded forefront combined represents less than 0.001%. They all have superimposed themselves over sovereign national elected and constitutional governments, and over THE multinational world body, the United Nations, the UN.

In fact, they have coopted the UN to do their bidding. UN Director Generals, as well as the DGs of the multiple UN-suborganizations, are chosen  mostly by the US, with the consenting nod of their European vassals – according to the candidate’s political and psychological profile. If his or her ‘performance’ as head of the UN or head of one of the UN suborganizations fails, his or her days are counted. Coopted or created by the Beast(s) are also, the European Union, the Bretton Woods Organizations, World Bank and IMF, as well as the World Trade Organization (WTO) – and – make no mistake – the International Criminal Court (ICC) in The Hague. It has no teeth. Just to make sure the law is always on the side of the lawless.

In addition to the key international financial institutions, WB and IMF, there are the so-called regional development banks and similar financial institutions, keeping the countries of their respective regions in check.

In the end its financial or debt-economy that controls everything. Western neoliberal banditry has created a system, where political disobedience can be punished by economic oppression or outright theft of national assets in international territories. The system’s common denominator is the (still) omnipresent US-dollar.

“Unelected Individuals”

The supremacy of these obscure unelected individuals becomes ever more exposed. We, the People consider it “normal” that they call the shots, not what we call – or once were proud of calling, our sovereign nations and sovereignly elected governments. They have become a herd of obedient sheep. The Beast has gradually and quietly taken over. We haven’t noticed. It’s the salami tactic: You cut off slice by tiny slice and when the salami is gone, you realize that you have nothing left, that your freedom, your civil and human rights are gone. By then it’s too late. Case in point is the US Patriot Act. It was prepared way before 9/11. Once 9/11 “happened”, the Patriot Legislation was whizzed through Congress in no time – for the people’s future protection – people called for it for fear – and – bingo, the Patriot Act took about 90% of the American population’s freedom and civil rights away. For good.

We have become enslaved to the Beast. The Beast calls the shots on boom or bust of our economies, on who should be shackled by debt, when and where a pandemic should break out, and on the conditions of surviving the pandemic, for example, social confinement. And to top it all off – the instruments the Beast uses, very cleverly, are a tiny-tiny invisible enemy, called a virus, and a huge but also invisible monster, called FEAR. That keeps us off the street, off reunions with our friends, and off our social entertainment, theatre, sports, or a picnic in the park.

Soon the Beast will decide who will live and who will die, literally – if we let it. This may be not far away. Another wave of pandemic and people may beg, yell and scream for a vaccine, for their death knell, and for the super bonanza of Big Pharma – and towards the objectives of the eugenicists blatantly roaming the world – see this. There is still time to collectively say NO. Collectively and solidarily.

Take the latest case of blatant imposture. Conveniently, after the first wave of Covid-19 had passed, at least in the Global North, where the major world decisions are made, in early June 2020, the unelected WEF Chairman, Klaus Schwab, announced “The Great Reset”. Taking advantage of the economic collapse – the crisis shock, as in “The Shock Doctrine” – Mr. Schwab, one of the Beast’s frontrunners, announces openly what the WEF will discuss and decide for the world-to-come in their next Davos Forum in January 2021. For more details see this.

Will, We, The People, accept the agenda of the unelected WEF? Read the rest of this entry »

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‘Grave concerns’ about Covid-19 immunity passports

Posted by M. C. on April 16, 2020

You have to admit it is a great way to secretly data bank DNA.

https://www.france24.com/en/20200416-grave-concerns-about-covid-19-immunity-passports

Text by: Tom WHEELDON

Trapped between the competing urgencies of saving lives from Covid-19 and avoiding economic calamity, some government officials have mooted “immunity passports” as a way through the impasse. But experts told FRANCE 24 that the necessary antibody testing is not reliable enough – and even if the scheme were feasible, it could create a dangerous incentive for some to acquire the virus in order to qualify for the passport.

The global tally of confirmed coronavirus cases surpassed 2 million on Wednesday – a day after researchers at the Harvard School of Public Health warned that the US may need to keep some social distancing measures until 2022, while the IMF predicted that, thanks to “the Great Lockdown”, the world will suffer the worst recession since the Great Depression.

Anxious about both the unfolding economic disaster and the risk of Covid-19 resurging if lockdowns are reversed prematurely, some officials in hard-hit countries have suggested that a system of immunity passports could be a route out of the coronavirus crisis – for some at least. The idea is that people who have already had the disease and thereby gained immunity could be given permits to live their lives mostly like they did before the pandemic.

Shortly after emerging from self-isolation after testing positive for Covid-19, the UK’s Health Secretary Matt Hancock announced in early April that the British government was considering an “immunity certificate” system to allow those who qualify to “get back as much as possible to normal life”.

Paris Mayor Anne Hidalgo has also given the idea her backing – putting it in a list of proposals for returning to business as usual in the City of Lights that she sent to the French government. On the other side of the Atlantic, Anthony Fauci, the director of the US National Institute of Allergy and Infectious Diseases, told CNN that immunity passports are “being discussed” in the Trump administration. “It might actually have some merit under some circumstances,” he added.

Antibody tests ‘not sufficiently accurate’

Immunity passports would require tests for antibodies specific to Covid-19, which would be different from those used to discern whether or not people currently have the virus. The problem is that, as things stand, these tests “are not sufficiently accurate for individual immunity passports”, which means that “we are still a long way off it being useful to test individuals with these methods”, said Claire Standley, an assistant professor at Georgetown University’s Center for Global Health Science and Security…

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