Trump signs on to Financial Dictatorship (it appears)!

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The most powerful political group on our planet is the G-20. It’s agenda and policies dictate what these twenty nations (making up over 80% of global GNP) must follow. The recent meeting of this group over in Hamburg has resulted in an agreement which puts the Financial Stability Board ( FSB) in charge of global financial supervision. This means that these elites can dictate policy which all twenty nations must follow (including the United States).  The Hamburg summit’s official statement says “G-20 leaders welcome the FSB’s monitoring and regulation of the global finance”. Trump signed on to the communique which runs counter to his pledge during his campaign.

 

The article to read is in the Friday’s Wall Street Journal, page A-15, entitled “Has Trump Flipped on Financial Regulation?”. This article by Peter Wallison, senior fellow at the American Enterprise Insititute, assumes that Trump may have signed on to following this dictatorial global board called the Financial Stability Board. Mr. Wallison says “let’s hope that G-20 communique he signed was a mistake”. My sense, however, is that this was NOT a mistake and that our newly elected President is now shifting gears and supporting (maybe unaware) a Global Financial Dictatorship (in the making). Watch out for this global board and their desire to create global monitoring and regulations for all nations.

 

The website of the Financial Stability Board (FSB) is as follows: http://www.fsb.org. Check this site out for your own view on these issues. The website claims some 25 nations are members (including USA) plus some 10 additional supranational organizations (like the Bank for International Settlements, International Monetary Fund, World Bank, etc.). The site seems like it is evolving into a global financial dictatorship over all finance and money. Heading up this Board at present is England’s central banker, Mark Carney. Mark is a globalist and his leadership assures that this FSB organization will create more Globalism and financial dictatorship.

 

For the USA the key elites are the Fed, the  Securities and Exchange Commission, and the Treasury. The mandate of this organization has evolved from 2009 when the G-20 established this Board to monitor global financial events. The mandate reads: The FSB promotes international financial stability; it does so by coordinating national financial authorities and international standard-setting bodies as they work toward developing strong regulatory, supervisory and other financial sector policies. It fosters a level playing field by encouraging coherent implementation of these policies across sectors and jurisdictions.

 

The FSB, working through its members, seeks to strengthen financial systems and increase the stability of international financial markets. The policies developed in the pursuit of this agenda are implemented by jurisdictions and national authorities. In the USA the new group called the Financial Stability Oversight Council assures that policies of the FSB will be implemented and followed. Does Mr. Trump understand what he has done by signing on to this Global Dictatorial Board/Council? He and his administration are signing on to a global financial system run by a few elites (mostly from Europe, China, and those other countries who desire this New Global Governance System for our planet)!

 

The Financial Stability Oversight Council (FSOC) is a United States federal government organization, established by Title I of the Dodd–Frank Wall Street Reform and Consumer Protection Act, which was signed into law by President Barack Obama on July 21, 2010. What happened over in Hamburg is historic as what Mr. Trump has done is to give this FSB credence and new power (the opposite of what he campaigned on prior to his election). The Deep State is definitely is charge of Mr. Trump and his key leaders within his administration. I regret to inform you that we now have a Globalist president who can no longer be viewed as a Populist/Nationalist. Do your own research: I am: https://kingdomecon.wordpress.com. 

 

Some additional images for your consideration:

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The FSB is another Deep State organization which desires governance by a centralized group of elites. Mr. Trump appears to now support this evolving trend!

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This governing chart reveals the nature of this new FSB and its mandate for control of all financial affairs that affect global monetary situations!

America’s FSOC meeting in the Cash Room of our Treasury in 2011. All this started after the 2008 financial crisis. The trend is towards global financial governance of our planet! The individual becomes enslaved to central power brokers!

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Prior members of the FSOC during the Obama Administration. Trump campaigned against this centralization of finance and politics (didn’t he)?

Image result for Trump signs on to financial Stability Board polices at the G-20 in Hamburg

The Donald is now a Globalist and part of the Deep State financial dictatorship (it appears)! Is he aware of what he is signing on to? I doubt it! Photo from Hamburg!

Comments

Bill Caciene Added Jul 15, 2017 - 4:52am
Not true.  Much like the Paris agreement, the FSB is a toothless entity that can only monitor the global financial market.  Not that the global financial market needs monitoring, but I see no harm in having such an agency. Your own words prove I’m right “Watch out for this global board and their desire to create global monitoring and regulations for all nations.”  The desire to do something is not the same as the ability to do something.
 
Is there any global leader you don’t label elite and part of the Deep State?   I hate to break it to you but someone must run our government and that person is going to have a lot of power.  He or she will likely have to shake hands, share cocktails and trade smiles with other global leaders.  Deal with it.      
Stone-Eater Friedli Added Jul 15, 2017 - 7:40am
Donald
 
http://www.investopedia.com/articles/markets/080916/role-financial-stability-board-global-finance.asp
 
Thanks for that ! Didn't know that before. So this is our not-elected world government, then. And we Swiss are a part of it. Another reason to quit here and change nationality LOL
Stone-Eater Friedli Added Jul 15, 2017 - 7:42am
BTW:
 
http://www.bis.org/about/index.htm
 
These guys are also a part of it. And they are not just monitoring, Bill ;-)
 
George N Romey Added Jul 15, 2017 - 11:28am
Like the CFR these organizations are the real power brokers in the world.  Trump has himself surrounded by GS types and they will push him in this direction.
Bill Kamps Added Jul 15, 2017 - 12:51pm
Politicians like to think they can hand off their problem to regulators, who will keep their economies from going into the shitter, regardless of the stupid things that they do.  Its a nice idea, but it doesnt always work.
George N Romey Added Jul 15, 2017 - 5:43pm
Many regulators on the staff level are doing it for the possibility of making it big then in the private sector. I worked for the FDIC/RTC in a contract position in the early 90s. Despite the billions lost deregulation went ahead, yielding trillions in losses.
Donald Swenson Added Jul 15, 2017 - 8:03pm
Attn: Go check out the website: www.fsb.org. Bill Caciene: read the mandate and think about how decisions are made in the real world. The CFTC is a regulator with enormous power to set rules, regulations, to affect markets. The SEC is a regulator, monitor, with enormous power to affect markets. Our Fed is a monitor/regulator. the BIS is a monitor/regulator. Your understanding of real-time markets is missing Bill. The Financial Stability Board meets with the Bank for International Settlements (BIS) and all the other Central Bankers so that Central Planning can occur. Are you aware that our markets are now under CENTRAL planning? Trump may not be aware that he signed on to this regulation/monitoring which influences and affects all our markets. But this is what he did over in Hamburg, Germany with his G-20 summit. We now have a dictatorship over our markets and this is obvious to me. Think for yourself! Check out the website and also this website: www.bis.org, and www.imf.org. D
Autumn Cote Added Jul 15, 2017 - 9:30pm
Please note, it's against the rules to post two articles within a 48-hour period so I removed your most recent article.  If you don't have a copy please let me know and I will email it to you.  As always, many thanks for your participation with Writer Beat!
Donald Swenson Added Jul 15, 2017 - 9:56pm
I thought it had been 48 hours since I sent the prior article to you. What is the starting point for the 48 hour rule? Thanks. D
John G Added Jul 15, 2017 - 11:02pm
Central bankers have very little real power. All these conspiracy theories are dreamt up by people who don't understand money, state currency systems and banking.
Central bank 'independence' is a mirage to get politicians off the hook for their unemployment creating austerity policies.
The BIS is a clearing house for central banks doing currency swaps which are a necessary part of international trade. Greenspan and Bernanke ignored them for years so their powers of persuasion are not that great.
Donald Swenson Added Jul 16, 2017 - 1:01am
Check out www.fsb.org, www.bis.org. I think you can get a good understanding of what Central Planning is all about. We now live under Central Planning. D
Donald Swenson Added Jul 16, 2017 - 1:02am
Central Planning is similar to a financial dictatorship. 
John G Added Jul 16, 2017 - 3:51am
Ooooooooooooh vooooooooooodoooooooooooo.
Fucking nutter.
Saint George Added Jul 16, 2017 - 3:57am
Central Planning is similar to a financial dictatorship.
 
Central planning is similar to economic rape.
 
That might explain why the left loves it so much.
Dino Manalis Added Jul 16, 2017 - 8:48am
Trump says he's both a nationalist and a globalist.  Simple lending regulations should always be enforced, it's not discriminatory, it's common sense to avoid another financial crisis, but banks are businesses that ought to lend and take risks, but not at taxpayers' or depositors' expense! 
Donald Swenson Added Jul 16, 2017 - 2:40pm
Trump is becoming more of a Globalist (abandoning most of his Nationalist rhetoric). His economic policies put him in the camp of the Globalists IMO. D
George N Romey Added Jul 16, 2017 - 3:07pm
Donald I just wrote on another thread that Trump in the past could have based upon his station in life been part of the Deep State. However, given his bombastic high profile and unwillingness to be a "joiner" (he was never part of the clubby CEO world, the close knit commercial real estate club or the NYC rich social scene) he was likely shunned.  
 
Of course as President the Deep State would have immediately surround Trump and force their agenda.  Unfortunately for whatever reasons Trump isn't any better than Bush or Obama when it comes to returning America back to Americans.  Maybe we don't know what is coming and by all means the US can't simply ignore globalism but global trade should benefit the US first and foremost.
 
I'd say Trump is walking on a very thin line.  Patience is running thin and after the job Obama did on this country supporters will turn on Trump if he continually drifts towards the Deep State and interests not aligned with what most Americans need and want.
 
Finally, cooperation with Russia and China on certain global ventures like the Silk and Belt Roads can be a very good thing for this county, IF, handled correctly.  I believe Putin and Xi Jingping really want to bring the US in on a new order that will defeat the globalist and create a massive middle class across the world.  
 
 
Donald Swenson Added Jul 16, 2017 - 3:45pm
My sense is different, George. I do not see a trend towards a Constitutional government. America is basically finished as a Capitalist leader. The game is over as our DEBT is the real problem which no administration can solve. Look at what has happened these past 40 years (mostly): http://kingdomecon.wordpress.com. 
 
Our Debt Ceiling will reveal the seriousness of our situation later this fall. The game of Keynesian debt economics is essentially OVER IMO. D
Katharine Otto Added Jul 16, 2017 - 9:14pm
Donald,
I agree with The Other Side that we've been under financial dictatorship since the Federal Reserve Act (and companion income tax to provide perpetual revenues for interest payments on national debt) of 1913.  
 
At the same time, I believe the Deep State is imploding from its own vacuousness and lack of substance to fortify its claims to power.  Maybe Trump is a pawn, but so are they all victims of their own hubris.
 
The masses are not behaving as the control freaks believe they should.  They are not working hard enough or paying enough taxes to keep the governments solvent.  Relax.  Abandon Wall Street for Main Street and grow food.  It will keep you alive when the world economy collapses.
 
George N Romey Added Jul 16, 2017 - 9:23pm
I can't say how bad the collapse will be but its coming.  Too much chatter and too much evidence to the contrary.  Maybe the Central Bankers get another five years or so but this isn't a sustainable situation.
Donald Swenson Added Jul 16, 2017 - 10:43pm
I will give the Central bankers until November, 2017. I think the debt ceiling debate will expose the Ponzi scheme to our public. We will see. D
Donald Swenson Added Jul 16, 2017 - 10:45pm
Katherine has a good option. Abandon Wall Street and grow some food. D
John G Added Jul 17, 2017 - 3:01am
DOOM!!!!!!
Saint George Added Jul 17, 2017 - 2:43pm
The public already knows it's a Ponzi scheme. But many don't care as long as they are on the receiving end of the spending.
John G Added Jul 18, 2017 - 2:53am
Not one of you nut jobs appears to understand what a Ponzi scheme actually is.
It's a sound bite that has penetrated your sub-conscious is all.
Saint George Added Jul 18, 2017 - 4:34pm
It's a sound bite that has penetrated your sub-conscious is all.
 
John G is a nut-job who has no idea what "money" and "economics" really are. For him, her, or it, they are nothing but sound bites that have penetrated his, her, or its subconscious, leaving small pock-marks instead of knowledge.