Monday, September 13, 2010
The Lie of the Fed...is the same for all Central Bankers
All these G-7, G-8, G-20 etc. meetings show the effects of central bankers in the international market. Their corruption forms a limited conspiracy. This is the latest from European Central Bankers. A member of the Euro community. Ireland is also in financial dire condition. One of their largest banks, the Anglo-Irish Bank is basically insolvent. The central bankers of Europe have loaned the bank $29 billion Euros to stay solvent. Ireland, itself is already under austerity mode from the larest financial crisis. Now, this is the fraud and they openly spin it like it is a legit business practice. The IMF, the international banking group and the ECM have stated that it is okay to consider this bank with two divisions. The one side that is backed by the government is insolvent and the public side is solvent. This prevents runs on the bank, but check this out. All involved agencies will allow Ireland not to count this loan to this insolvent bank against their new austerity program. They make the rules as they go which it in itself is phony and the corruption is beyond repair.