European Central Bank To Gain Control Of 6,000 Euro Zone Banks!
- Illuminist banksters are consolidating their power. This is simply the destruction of national sovereignties. The next stage is the merger of the FedRes and ECB (and BOJ??) to form a Global Supra-National Central Bank (very likely a merger into a IMF 2.0) !
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Global Tyranny
One of the most ambitious and visionary schemes of this period was put forth in a book entitled Plan for Permanent Peace by Hans Heymann, a German economist and refugee who held a research and teaching post at Rutgers University. Funded by the Carnegie Endowment for International Peace, a perpetual front of world order schemes … Heymann … detailed his scheme for a global superstate headed by a Federal World Authority, a Bank of Nations (with three branches: the Hemisphere Bank, Europa Bank, and the Oriental Bank), and a World Army, Navy, and Air Force. Plan for Permanent Peace includes several ambitious fold-out maps and diagrams detailing the monstrous bureaucracy needed to regiment the hapless citizens of the proposed planetary union.
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European Central Bank To Gain Control Of 6,000 Euro Zone Banks!
by http://blog.alexanderhiggins.com/
The ECB is set to gain the supervisory power over 6,000 banks in the euro area, including savings banks and public regional banks.
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The European Central Bank will “supervise” 6,000 banks in the euro area, including savings banks and regional German public banks, but the degree of direct supervision may vary depending on the banks and the involvement of other regulators.
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The German newspaper Handelsblatt reported in its Friday edition that sources from the European Commission (EC), the European Union’s executive, wants the ECB to gain supervision of euro zone banks and not only those included in the European Stability Mechanism (ESM), the EC confirmed today.
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With the proposal, the EC faces the German Government, as Chancellor Angela Merkel said the EU summit in late June that it is only necessary that the ECB monitor the 25 largest banks in the euro area, that is the ones considered to be in the ESM system.
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Community spokesman Internal Market and Financial Services, Stefaan De Rynck, said today that the EC is still working on the proposal, which will be presented around September 11, but that a single monitoring system should apply the common rules consistently throughout the Union Bank and all financial actors. This is the bankers attempt to turn a supposed financial rescue into a financial power grab, as it was detailed in the memo of understanding (MoU).
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“We have seen in the past that systemic risks can arise from banks that are not mentioned much in the media and suddenly become systemic, so it is difficult to define what is a large bank, which is a systemic bank, so we have to ensure that the union bank supervisory system to be able to cover all the banks,” he said.
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