Update on: New "World Panel" Lays Out New Global Rules For Banks; aka Basel III 9-12-10 "When and how is it that suddenly there is something called a "world panel" with the ability to decide economic policy for the "global banking industry". And exactly when and how is it that the banking systems of the sovereign nations of the world suddenly became no longer independent but merely part of a global system, being dictated to by some kind of a self-appointed world banking authority? Oh, that's right. It has come about through "a series of measures" instituted wholly in response to the fake 'global financial crisis' in "late 2008". [see post]
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Fed bank capital, liquidity proposal follows Basel
WASHINGTON (Reuters) - The Federal Reserve proposed new capital and liquidity rules for the largest U.S. banks that would roll out in two phases and not likely go further than international standards.
The first phase would rely on policies already issued by the Fed, such as the capital stress test plan it released in November.
The second phase for both capital and liquidity would be based on the Fed's implementation of the Basel III international bank regulatory agreement.
The rules will be out for public comment until March 31, 2012
The rules proposed will not only apply to the largest U.S. banks. They will also cover any financial firm the government identifies as being important to the functioning of financial markets and the economy.
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Three weeks ago the Fed announced the "coordination" of six global central banks:
666 'Global Fed' Takes First Step Via Bogus Euro Crisis: Global Central Banks "Coordinate" 11-30-11 "The Federal Reserve, European Central Bank and four other central banks unveiled a coordinated action to provide liquidity to "ease strains in financial markets." ... "To 'save Europe', and the rest of the world...six global central banks have made the 'crucial' decision to "coordinate actions" - Everything up to now has been carefully "coordinated" to get to this point...The next step will be to make it permanent" [see post]
This week, as it turns out, in another completely under-publicized move, the non-governmental privately owned so-called Federal Reserve of the United States of America has come out with that next step, a permanent one at that - in the form of an announcement that they will be submitting the entire economic system of the United States to the new "international bank regulatory agreement" called Basel III [see 'follow up' above]. How huge this is cannot be overstated. Aligning the economies of the world according to this Basel III "regulatory agreement" will provide the foundation for a de-facto one-world economic system.
A global financial behemoth in the dictatorial control of a private cartel...this is that. How long before it turns into the 666? Be not unaware.
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Luke 21:34 'And take heed to yourselves, lest at any time your hearts be overcharged with surfeiting, and drunkenness, and cares of this life, and so that day come upon you unawares.
***
Fed bank capital, liquidity proposal follows Basel
WASHINGTON (Reuters) - The Federal Reserve proposed new capital and liquidity rules for the largest U.S. banks that would roll out in two phases and not likely go further than international standards.
The first phase would rely on policies already issued by the Fed, such as the capital stress test plan it released in November.
The second phase for both capital and liquidity would be based on the Fed's implementation of the Basel III international bank regulatory agreement.
The rules will be out for public comment until March 31, 2012
The rules proposed will not only apply to the largest U.S. banks. They will also cover any financial firm the government identifies as being important to the functioning of financial markets and the economy.
------------------------------------------------------------------------
Three weeks ago the Fed announced the "coordination" of six global central banks:
666 'Global Fed' Takes First Step Via Bogus Euro Crisis: Global Central Banks "Coordinate" 11-30-11 "The Federal Reserve, European Central Bank and four other central banks unveiled a coordinated action to provide liquidity to "ease strains in financial markets." ... "To 'save Europe', and the rest of the world...six global central banks have made the 'crucial' decision to "coordinate actions" - Everything up to now has been carefully "coordinated" to get to this point...The next step will be to make it permanent" [see post]
This week, as it turns out, in another completely under-publicized move, the non-governmental privately owned so-called Federal Reserve of the United States of America has come out with that next step, a permanent one at that - in the form of an announcement that they will be submitting the entire economic system of the United States to the new "international bank regulatory agreement" called Basel III [see 'follow up' above]. How huge this is cannot be overstated. Aligning the economies of the world according to this Basel III "regulatory agreement" will provide the foundation for a de-facto one-world economic system.
A global financial behemoth in the dictatorial control of a private cartel...this is that. How long before it turns into the 666? Be not unaware.
---------------------------------------------------------
Luke 21:34 'And take heed to yourselves, lest at any time your hearts be overcharged with surfeiting, and drunkenness, and cares of this life, and so that day come upon you unawares.
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