Outgoing President of the World Bank, Robert Zoellick, after just three days ago dismissing the idea of a BRICs created, new global multi lateral bank, has come around and endorsed a BRICs bank in an interview with the FT. He acknowledged that a BRICs bank was being created and said that the World Bank supported such a bank. He said that not having Russia and China as part of “the World Bank system” would be a “mistake of historic proportions”.
“Since the passage of NAFTA in 1994 America shipped 50,000 manufacturing plants overseas. In 1996 the head of CalPERS (California Public Employees’ Retirement System) told Catherine Austin Fitts that there was no point in investing to rebuild America because the decision had already been made to take America down. Subsequently Catherine who used to be the managing partner at Dillon Read Investment bank had a conversation with another high level funds manager. They had both independently come to the same conclusion. There was so much money being stolen from Americans by Wall Street that the only solution to the problem of missing pension funds, savings and retirement accounts was to kill tens of millions of Americans…. “
“If you knew that you could live in luxury for the rest of your life but that by doing so it would absolutely destroy the future for your children, your grandchildren and your great-grandchildren would you do it? Well, that is exactly what we are doing as a nation. Over the past several decades, we have stolen 15 trillion dollars from future generations so that we could enjoy a dramatically inflated level of prosperity. Our 15 trillion dollar party has been a lot of fun, but what we have done to our children and our grandchildren has been beyond criminal. We ran up the greatest mountain of debt in the history of the planet and we are sticking them with the bill. Sadly, both political parties have been responsible for the big spending that has been going on. Both Democrats and Republicans have run up huge budget deficits when in power. But instead of learning the hard lessons of the past, both political parties continue to vote for even more debt. They would rather continue to steal trillions of dollars from future generations than ha”" CHART OF THE DAY: U.S. Debt Greater Than Eurozone and U.K. Combinedfrom http://www.wealthwire.com/news/economy/3036?r=1
Goldman Sachs Rules The World; Bank of England Next “Financial terrorists have exploited chaos they created to seize complete control Speculation that Canadian Central Bank head Mark Carney has been tapped to become the next Governor of the Bank of England brings with it the possibility of virtually complete domination of Europe by Goldman Sachs – the very same financial terrorists who helped cause the economic collapse in the first place. “Mark Carney, the governor of Canada’s central bank, has been informally approached as a potential candidate to replace Sir Mervyn King as head of the Bank of England in June next year,” reports the Financial Times…………….”