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The American Empire in a Changing World



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Tuesday, May 17, 2011

Bank of International Settlements: "Elitism, Immunity and Outstaying One’s Welcome'

a must read. ...........From goldseek..............

"Indeed, Greenspan was a true charlatan.  For years I too wondered about the real reason why the Fed waited so long to occupy their allocated seats on the BIS.  It finally became clear to me exactly why – only today, May 15, 2011, when Dominique Straus-Kahn [I.M.F. head] was charged in N.Y. with sexual impropriety.  In a forum that I frequent, a poster [2 point] raised the question as to whether Strauss-Kahn would have diplomatic immunity from such charges citing the work of renowned BIS researcher Patrick Wood as he reported years ago:
The BIS can be compared to a stealth bomber. It flies high and fast, is undetected, has a small crew and carries a huge payload. By contrast, however, the bomber answers to a chain of command and must be refueled by outside sources. The BIS, as we shall see, is not accountable to any public authority and operates with complete autonomy and self-sufficiency……
It is not surprising that the BIS, its offices, employees, directors and members share an incredible immunity from virtually all regulation, scrutiny and accountability.
In 1931, central bankers and their constituents were fed up with government meddling in world financial affairs. Politicians were viewed mostly with contempt, unless it was one of their own who was the politician. Thus, the BIS offered them a once-and-for-all opportunity to set up the "apex" the way they really wanted it -- private. They demanded these conditions and got what they demanded.

The Federal Reserve began systemically engaging in treasonous financial acts in the timeframe circa 1994. It appears that Mr. Greenspan and his henchmen at the Fed demanded and received the diplomatic “comfort” [immunity] afforded them as DIRECTORS OF THE BIS before they would engage in what otherwise would have been flagrant, manipulative, criminal acts"..............LINK

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