Engdahl: The Sinister Agenda Behind the Washington War On Cash
http://journal-neo.org/2017/01/21/the-sinister-agenda-behind-the-washington-war-on-cash/
Cashless society -> digital money -> microchip humans
http://www.911forum.org.uk/board/viewtopic.php?p=174697#174697
It’s kinda sneaking up on us like an East Texas
copperhead pit viper. It began to get some wide
attention in 2016, with prominent economists and
financial media suddenly talking about the
wonderful benefits of a “cashless society.” Then
the government of Narenda Modi completely
surprised his citizens by suddenly announcing
withdrawal of larger denomination currency notes
from circulation, forcing Indians to put their
cash into banks or lose it. Now, everywhere we
turn, it seems, someone is arguing the Nirvana
benefits of a cashless, “digital” money world. It
reminds me in an eerie way of a statement
attributed to then US Secretary of State, Henry
Kissinger in the 1970’s. He reportedly stated,
“If you control oil, you control entire nations;
if you control food, you control the people; if
you control money, you control the entire world.”
Consider the following in this regard.
Modi and a USAID ‘Catalyst’
On November 8, 2016 in a surprise televised
address, Indian Prime Minister Narenda Modi
announced that, within a deadline of days, all
Indian currency notes of 500 and 1,000 Rupees
must be put in a bank account and exchanged for
smaller denomination notes. At today’s exchange
rate 1,000 Rs is roughly equal to $15. This would
perhaps be equivalent to the US Treasury
outlawing all cash notes larger than a $10 bill.
Overnight, Modi’s government de facto outlawed an
estimated 86 percent of all cash in circulation
by value. People had 50 days to hand in the notes
or they become worthless. Yet the government,
despite stating it would issue new, more secure
500Rs and 1000Rs bills, had nowhere near the
equivalent value of new notes ready for
replacement. They say it may take up to a year to
print enough, which means confiscation, de facto.
Faked opinion polls with slanted questions done
only via smart phone apps of which only 17% of
the population has access, claimed that “90% of
Indians approve” the demonetization.
Yet it’s far worse. India is an underdeveloped
country, the largest in the world in population
terms with more than 1.3 billion people. By
demanding Indians turn in all 500Rs and 1,000Rs
bills to banks, Modi is forcing major change in
how Indians control their money in a country high
on the corruption scale where few trust
government let alone private banks, and prefer to
deal strictly in cash or hoard gold for value.
Nearly half the population, some 600 million
Indians, do not hold a bank account and half of
those, some 300 million Indians, lack a
government identification, necessary to open an account.
When he presented his shock announcement, Modi
pitched it in terms of going after India’s black
economy. Soon he shifted gears and was praising
the benefits of a “cash-less society” to enable
Indians to enter the digital age, appealing to
younger Indians, savvy in smart phones and
digital networks, to convince the older of the
benefits of online banking and consuming. The
drastic demonetization declaration was planned by
Modi and five other inner-circle ministers in
complete secrecy. Not even the banks were told
before. The question is what is behind, or rather
who is behind this drastic form of monetary shock therapy?
Beyond Cash
The answer is as sinister as it is suggestive of
a larger global agenda by what I call in one of
my books the Wall Street “Gods of Money.” The
Modi cash-less India operation is a project of
the US National Security Council, US State
Department and Office of the President
administered through its US Agency for
International Development (USAID). Little
surprise, then, that the US State Department
spokesman, Mark Toner in a December 1, 2016 press
briefing praised the Modi demonetization move
stating, “…this was, we believe, an important and
necessary step to crack down on illegal actions…a
necessary one to address the corruption.”
Keep in mind that USAID today has little to do
with aiding poorer countries. By law it must
follow the foreign policy agenda of the
President’s National Security Council and State
Department. It’s widely known as a conduit for
CIA money to execute their dirty agendas abroad
in places such as Georgia. Notably, the present
head of the USAID, Gayle Smith, came to head
USAID from her post as Senior Director at the US National Security Council.
German economist and blogger, Norbert Haering, in
an extensive, well-documented investigation into
the background of the bizarre Modi move to a
cash-less India, found not only USAID as the key
financial source of the project. He also
uncovered a snake-pit of organizational vipers
being funded by USAID to design and implement the India shock therapy.
USAID negotiated a co-operation with the Modi
Indian Ministry of Finance. In October, 2016 in a
press release USAID announced it had created and
funded something it named Project Catalyst. The
title of their report was, “Catalyst: Inclusive
Cashless Payment Partnership.” Its stated goal it
said was to bring about a “quantum leap” in cashless payment in India.
They certainly did that. Maybe two quantum leaps and some.
If we dig a bit deeper we find that in January,
2016, USAID presented the Indian Finance Ministry
a report titled, Beyond Cash: Why India loves
cash and why that matters for financial
inclusion. Financial “inclusion” for them means
getting all Indians into the digital banking
system where their every payment can be
electronically tracked and given to the tax
authorities or to whomever the government sees fit.
Astonishingly, the report, prepared for USAID by
something called the Global Innovation Exchange,
admitted that “97% of retail transactions in
India are conducted in cash or check; Few
consumers use digital payments. Only 11% used
debit cards for payments last year. Only 6% of
Indian merchants accept digital payments…Only 29
percent of bank accounts in India have been used
in the last three months.” The US and Indian
governments knew very well what shock they were detonating in India.
The Global Innovation Exchange includes such
dubious member organizations as the Bill &
Melinda Gates Foundation, a major donor to the
Modi war on cash initiative of USAID. It also
includes USAID itself, several UN agencies
including UNICEF, UNDP, UNHCR. And it includes
the US Department of Commerce and a spooky
Maclean, Virginia military contractor called
MITRE Corporation whose chairman is former CIA
Director, James Rodney Schlesinger, a close associate of Henry Kissinger.
The USAID Project Catalyst in partnership with
the Indian Finance Ministry was done, according
to the USAID press statement, with a
sinister-sounding organization called
CashlessCatalyst.org. Among the 35 members of
CashlessCatalyst.org are USAID, Bill & Melinda
Gates Foundation, VISA, MasterCard, Omidyar
Network of eBay billionaire founder Pierre
Omidyar, the World Economic Forum-center of the
globalization annual Alpine meetings.
War on Cash
However, a most interesting member of the USAID
Project Catalyst together with the Indian
Ministry of Finance is something called Better
Than Cash Alliance. In point of fact the
US-government-finance Project Catalyst grew out
of a longer cooperation between USAID, the
Washington-based Better Than Cash Alliance and
the Indian Ministry of Finance. It appers to be
the core public driver pushing the agenda of the global “war on cash.”
India and the reckless (or corrupt) Modi
government implementing the USAID-Better Than
Cash Alliance agenda is clearly serving as a
guinea pig in a mass social experiment about how
to push the cash war in other countries. The
Better Than Cash Alliance is described by the
UNCDF, which is its Secretariat, as “a US $38
million global alliance of governments, private
sector and development organizations committed to
accelerating the shift from cash to electronic payments.”
The Better Than Cash Alliance website announces
that the alliance, created in 2012, is a
“partnership of governments, companies, and
international organizations that accelerates the
transition from cash to digital payments in order
to reduce poverty and drive inclusive growth.”
It’s housed at the UN Capital Development Fund
(UNCDF) in New York whose major donors, in turn,
surprise, surprise, are the Bill & Melinda Gates
Foundation and MasterCard Foundation. Among the
Better Than Cash Alliance’s 50 members are, in
addition to the Gates Foundation, Citi Foundation
(Citigroup), Ford Foundation, MasterCard, Omidyar
Network, United States Agency for International Development, and Visa Inc.
Recently the European Central Bank, which has
held negative interest rates for more than a
year, allegedly to stimulate growth in the
Eurozone amid the long-duration banking and
economic crisis of almost nine years, announced
that it will stop printing the €500 note. They
claim it’s connected with money laundering and
terror financing, though it ominously echoes the
Modi India war on cash. Former US Treasury
Secretary Larry Summers, whose shady role in the
1990’s rape of Russia through his Harvard cronies
has been documented elsewhere, is calling for
eliminating the US $100 bill. These are first
steps to future bolder moves to the desired
Cash-less society of Gates, Citigroup, Visa et al.
US Dual Standard: Follow the money…
The move to a purely digital money system would
be Big Brother on steroids. It would allow the
relevant governments to monitor our every money
move with a digital trail, to confiscate deposits
in what now are legal bank “bail-ins” as was done
in Cyprus in 2013. If central banks move interest
rates into negative, something the Bank of Japan
and ECB in Frankfurt are already doing, citizens
have no choice than to spend the bank money or
lose. It is hailed as a way to end tax avoidance
but it is far, far more sinister.
As Norbert Haering notes, “the status of the
dollar as the world’s currency of reference and
the dominance of US companies in international
finance provide the US government with tremendous
power over all participants in the formal
non-cash financial system. It can make everybody
conform to American law rather than to their
local or international rules.” He adds, referring
to the recent US Government demand that Germany’s
largest bank, Deutsche Bank pay an astonishing
and unprecedented $14 billion fine, “Every
internationally active bank can be blackmailed by
the US government into following their orders,
since revoking their license to do business in
the US or in dollar basically amounts to shutting them down.”
We should add to this “benevolent concern” of the
US Government to stimulate a War on Cash in India
and elsewhere the fact that while Washington has
been the most aggressive demanding that banks in
other countries enact measures for full
disclosure of details of Swiss or Panama or other
“offshore” secret account holders or US nationals
holding money in foreign banks, the USA itself
has scrupulously avoided demanding the same of
its domestic banks. The result, as Bloomberg
noted following the suspiciously-timed Panama
Papers offshore “leaks” of May, 2016, is that the
United States is rapidly becoming the world’s
leading tax and secrecy haven for rich foreigners.
Perversely enough, in 2010 the US passed a law,
the Foreign Account Tax Compliance Act, or FACTA,
that requires financial firms to disclose foreign
accounts held by US citizens and report them to
the US IRS tax office or the foreign banks face
steep penalties. The EU signed on to the
intrusive FACTA despite strong resistance. Then,
using FACTA as the model, the Paris-based OECD
drafted an even tougher version of FACTA in 2014
to allegedly go after tax avoiders. To date 97
countries have agreed to the tough OECD bank
disclosure rules. Very few have refused. The
refusers include Bahrain, Nauru, Vanuatu—and…the United States.
World’s Biggest Tax Haven
You don’t have to be a rocket scientist, a
financial wizard or a Meyer Lansky to see a
pattern. Washington forces disclosure of secret
bank accounts of its citizens or companies
abroad, while at the same time lifting control or
disclosure inside the United States of private
banking accounts. No surprise that such
experienced private bankers as London’s
Rothschild & Co. have opened offices in Reno
Nevada a stone’s throw from Harrah’s and other
casinos, and according to Bloomberg, is doing a
booming business moving the fortunes of wealthy
foreign clients out of offshore havens such as
Bermuda, or Switzerland which are subject to the
new OECD international disclosure requirements,
into Rothschild-run trusts in Nevada, which are
exempt from those disclosure rules.
Rothschild & Co. Director, Andrew Penney noted
that as a result, the United States today, “is
effectively the biggest tax haven in the world.”
Today Nevada, Meyer Lansky’s money laundering
project of the 1930’s with established legalized
gambling, is becoming the “new Switzerland.”
Wyoming and South Dakota are close on the heels.
One area where America’s institutions are still
world class is in devising complex instruments of
financial control, asset theft and cyber warfare.
The US War on Cash, combined with the US Treasury
and IRS war on offshore banking is their latest
model. As Washington’s War on Terror had a
sinister, hidden agenda, so too does Washington’s
War on Cash. It’s something to be avoided at all
costs if we human beings are to retain any
vestige of sovereignty or autonomy. It will be
interesting to see how vigorously Casino mogul
Trump moves to close the US tax haven status. What do you bet he doesn’t?
F. William Engdahl is strategic risk consultant
and lecturer, he holds a degree in politics from
Princeton University and is a best-selling author
on oil and geopolitics, exclusively for the
online magazine “New Eastern Outlook.”
http://journal-neo.org/2017/01/21/the-sinister-agenda-behind-the-washington-war-on-cash/
So much emphasis is placed on select Jewish
participation in Bormann companies that when
Adolf Eichmann was seized and taken to Tel Aviv
to stand trial, it produced a shock wave in the
Jewish and German communities of Buenos Aires.
Jewish leaders informed the Israeli authorities
in no uncertain terms that this must never happen
again because a repetition would permanently
rupture relations with the Germans of Latin
America, as well as with the Bormann
organization, and cut off the flow of Jewish
money to Israel. It never happened again, and the
pursuit of Bormann quieted down at the request of
these Jewish leaders. He is residing in an
Argentinian safe haven, protected by the most
efficient German infrastructure in history as
well as by all those whose prosperity depends on his well-being.
<http://l.facebook.com/l.php?u=http%3A%2F%2Fspitfirelist.com%2Fbooks%2Fmartin-bormann-nazi-in-exile%2F&h=eAQErj17O>http://spitfirelist.com/books/martin-bormann-nazi-in-exile/
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Please consider seriously the reason why these elite institutions are not discussed in the mainstream press despite the immense financial and political power they wield?
There are sick and evil occultists running the Western World. They are power mad lunatics like something from a kids cartoon with their fingers on the nuclear button! Armageddon is closer than you thought. Only God can save our souls from their clutches, at least that's my considered opinion - Tony
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