NY Fed chief in push for global bank framework
By James Politi in Washington and Gillian Tett in London
Sunday Jun 8 2008 17:40
Banks and investment banks whose health is crucial to the global financial system should operate under a unified regulatory framework with "appropriate requirements for capital and liquidity", according to Timothy Geithner, president of the Federal Reserve Bank of New York.
Writing in Monday's Financial Times, Mr Geithner, a key US policymaker throughout the credit crisis and one of the main architects of the rescue of Bear Stearns (NYSE:BSC) , says that the US Federal Reserve should play a "central role" in the new regulatory framework, working closely with supervisors in the US and round the world.
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Bilderberg Seeks Bank Centralization Agenda
Lee Rogers
Rogue Government
June 9, 2008
Fresh off of the 2008 Bilderberg Meeting, it looks as if New York Federal Reserve president Timothy Geithner is set to push a new agenda in the world of central banking that was likely decided upon at Bilderberg. Geithner yesterday, wrote an article in the Financial Times calling for a global regulatory banking framework. In addition, Geithner called for the Federal Reserve to have an instrumental role in this new framework.
Geithner cites all of the problems that were actually created by the central bankers in the first place as the rationale for having greater centralized power. It is interesting Geithner decides to write this piece right after the Bilderberg Meeting where some of the most powerful figures in the world of central banking attended. Not only did Geithner attend, but the attendee list included Ben Bernanke the Federal Reserve Chairman, Henry Paulson the U.S. Treasury Secretary, Jean-Claude Trichet the president of the European Central Bank, Robert Zoellick the president of the World Bank and other high profile bankers. With the who’s who of central banking attending the Bilderberg Meeting, it is highly unlikely that what Geithner is proposing in his Financial Times article was not discussed at the Bilderberg Meeting.
It is no secret that the true objective of the Bilderberg Meeting is to steer the world into accepting a global government. By establishing a new global regulatory banking framework, this will inch the planet ever closer to a one world currency operating in a cashless society where microchips are used to facilitate transactions. Make no mistake about it, this system will not be good, because it will be controlled by a bunch of criminal psychopaths like the one’s who attended the 2008 Bilderberg Meeting.
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Identify your country's traitors:
Bilderberg 2008 Attendee List
These are my country's traitors this year:
NOR "Clemet, Kristin" "Managing Director, Civita"
NOR "Myklebust, Egil" "Former Chairman, Board of Directors SAS, Norsk Hydro ASA"
NOR "Vollebaek, Knut" "High Commissioner on National Minorities, OSCE"
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