Thread: Global Empire and the International Banking Cartel

Part II Global regulatory institutions

Global Empire and the International Banking Cartel

By Damon Vrabel
Friday, August 20, 2010

Last week I wrote an article explaining what I mean by the international banking cartel that operationally rules the economy–the Federal Reserve primary dealers. http://csper.wordpress.com/2010/08/12/m ... ng-cartel/
Some astute readers wondered why I didn’t report on the global regulatory institutions that have power over that cartel. Good question. And others asked for more clarity on the cartel itself.

Regarding the first question, I purposely focused on the cartel because so many people still don’t believe it exists due to false free market propaganda. If people don’t realize that a cartel of predatory usury institutions operationally controls the US, then why would they care about the regulatory framework over those institutions?

But the point is well-taken. The article might have implied those 18 dealer banks have ultimate power. Not at all. The key word in the above paragraphs is “operationally.â€

Thanks Airborn, a good read that sums things up rather short and sweet.

Anyone wishing to look further into this could consider trying to get a hold of some books on political economy published prior to 1913.