New World Order University Forum

Hang the Bankers has an important article on the recent banking crisis. It explains in a few words how the top banks in the United States plotted to sell derivatives to foreign banks by pushing for deregulation of banks around the world. Now that so many global organizations are in place working for global integration, it turns out to be relatively easy to remove virtually every foreign bank’s investment safeguards. New World Order dragons Larry Summers, Timothy Geithner, and Robert Rubin spearheaded this scheme.

Hat tip to Hang the Bankers for continuing the story beyond the breakthrough point for the banksters seeking global financial integration. The end result was bankruptcy in Greece, riots in Ecuador, the financial crash of Argentina, and probably many more economic dislocations, bank failures, and sovereign debt crises to come.

A rational person might expect the end result of global bank integration to be greater financial stability, transparency, and efficiency. But the plan of global integration had no such goal. The idea was to enrich U.S. banks at the expense of foreign banks by removing investment safeguards and selling them bad investment products.

Add to this insult Obama’s warmaking and universal NSA spying and it’s easy to understand why the Obama administration has no friends abroad. These bullies need to be taken down if we are to have a decent and peaceful world.

Tags: global financial crisis, Larry Summers, Robert Rubin, Timothy Geithner, U.S. banks sold derivatives, World Trade Organization

This entry was posted by Director on Wednesday, April 23rd, 2014 at 9:13 pm and is filed under Global Economy, Obama Administration. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.