Updated: Jan 18, 2021
Did you know that the World has its own banking system? This system is what controls the countries... they determine who gets help. Ever wonder why Haiti or Venezuela isn't sent aide? You soon will...
Have you ever heard of the World Bank? Here is a brief history:
Conceived in 1944 at the Bretton Woods Monetary Conference in Bretton Woods, New Hampshire, the World Bank’s initial aim was to help rebuild European countries devastated by World War II. Its first loan was to France in 1947 for post-war reconstruction. Soon, however, other actors began to take over the role of reconstruction support and the Bank shifted its attention to the needs of its members in Latin America, Africa, and Asia. In the 1950s and 60s, the funding of large infrastructure projects, such as dams, electrical grids, irrigation systems, and roads was the Bank’s primary focus.
In the 1970s, the Bank shifted its attention to poverty eradication. Development projects reflected people-oriented objectives rather than exclusively the construction of material structures. Projects related to food production, rural and urban development, and population, health and nutrition were designed to reach the poor directly. Bank operations also expanded to identify and encourage policies, strategies, and institutions that helped countries succeed. The Bank initiated sectoral and structural adjustment loans deemed necessary for the success of its projects. http://www.worldbank.org/en/about/archives/history
1).The World Bank (French: Banque mondiale) is an international financial institution that provides loans to countries of the world for capital projects. It comprises two institutions: the International Bank for Reconstruction and Development (IBRD), and the International Development Association (IDA). The World Bank is a component of the World Bank Group.
The World Bank's stated goal is the reduction of poverty which its Articles of Agreement define as commitments to the promotion of foreign investment and international trade and to the facilitation of capital investment.
2.) The President of the Bank is the president of the entire World Bank Group. The president, currently Jim Yong Kim, is responsible for chairing the meetings of the Boards of Directors and for overall management of the Bank. Traditionally, the President of the Bank has always been a US citizen nominated by the United States, the largest shareholder in the bank (the managing director of the International Monetary Fund having always been a European). The nominee is subject to confirmation by the Board of Executive Directors, to serve for a five-year, renewable term. While most World Bank presidents have had banking experience, some have not.
The vice presidents of the Bank are its principal managers, in charge of regions, sectors, networks and functions. There are two Executive Vice presidents, three Senior Vice presidents, and 24 Vice presidents.
The Boards of Directors consist of the World Bank Group President and 25 Executive Directors. The President is the presiding officer, and ordinarily has no vote except a deciding vote in case of an equal division. The Executive Directors as individuals cannot exercise any power nor commit or represent the Bank unless specifically authorized by the Boards to do so. With the term beginning 1 November 2010, the number of Executive Directors increased by one, to 25.
As you can see, the World Bank determines what areas get help and when. This is vital to know because as tax payers, our money goes here from our government. My next post will highlight the things the World Bank does...privatize water for example. (I will have a sperate post on the IMF.)
Founders of the World Bank
Jonh Maynard Keynes:
Sex Addict- Basically, Keynes collected and catalogued his sexual activities as obsessively as other men did postage stamps (indeed that was an early hobby of his – make of it what you will). He kept detailed records of encounters, with names or initials of partners, allocated by year from 1901 – his first sexual experience, with a fellow Etonian, at age 17 – though the classification had ceased by 1925, when he married the Russian ballerina Lydia Lopokova.https://www.independent.co.uk/news/business/analysis-and-features/john-maynard-keynes-new-biography-reveals-shocking-details-about-the-economists-sex-life-10101971.html
Author- Treaties on Probability and Indian Currency: feature the all seeing eye and pyramid on their cover https://www.amazon.com/Treatise-Probability-John-Maynard-Keynes/dp/1602066965
Freemason - From a quote made by John Maynard Keynes, the eminent economist, who spearheaded a revolution in economic thinking, “the difficulty lies not in the new ideas, but in escaping from the old ones”. https://www.freemasonrytoday.com/ugle-sgc/tag/John%20Maynard%20Keynes
A Cambridge Secret Society: The Apostles- The Apostles is a secret society of Cambridge University members that meets to discuss and debate such topics as truth, God, and ethics. The group, also known as the Cambridge Conversazione Society, was founded in 1820 by George Tomlinson. Tomlinson went on to become the first Bishop of Gibraltar. *****Despite its University foundations the group's influence went well beyond Cambridge, and many eminent Victorians, Edwardians, and Georgians belonged to it. Since its foundation the society has included some of the most influential men in British public life: John Maynard Keynes, Leonard Woolf, Lytton Strachey and his brother James, GE Moore and Rupert Brooke were all Apostles. Many members of the Bloomsbury group were also Apostles: Keynes, Woolf and Lytton Strachey being the best known of them.
His Actual view on Yah(God)- Keynes' economics - like his religion and sexual perversion - are best understood as a reaction against the Christian worldview. That Keynes identified the 19th century advocacy of laissez-faire (free market) economics with the Christian worldview is clearly shown by an essay he wrote in 1926 called "The End of Laissez-faire." In it he disdainfully quotes from an 1850 Christian pamphlet entitled Easy Lessons for the Use of Young People which says that "true Liberty is `that every man should be left free to dispose of his own property, his own time, and strength, and skill, in whatever way he himself may think fit, provided he does no wrong to his neighbours'. http://www.tkc.com/resources/resources-pages/keynes.html
Harry Dexter White
Spy- was a Soviet informant who served as a senior U.S. Treasury departmentofficial. Working closely with the Secretary of the Treasury Henry Morgenthau, Jr., he helped set American financial policy toward the Allies of World War II while at the same time he passed numerous secrets to the Soviet Union, which was an American ally. He was the senior American official at the 1944 Bretton Woods conference that established the postwar economic order. He dominated the conference and imposed his vision of post-war financial institutions over the objections of John Maynard Keynes, the British representative. At Bretton Woods, White was a major architect of the International Monetary Fund and World Bank. https://en.wikipedia.org/wiki/Harry_Dexter_White
More influence as a Spy- Russia is the first instance of a socialist economy in action … and it works!" These were the words not of a Bolshevik revolutionary or Left Bank intellectual, but the American who wrote the rules of international finance for the 20th century: Harry Dexter White. White was the US representative at the Bretton Woods conference, birthplace of the World Bank and International Monetary Fund. https://www.vox.com/2014/8/24/6057119/harry-dexter-white-ben-steil
CIA Built A case Against him- Harry Dexter White was a longtime Treasury Department official and assistant secretary of the Treasury under Henry Morgenthau in 1945–46, who, along with John Maynard Keynes, was a principal architect of the Bretton Woods multilateral trading system. Confessed spies and FBI informants Whitaker Chambers and Elizabeth Bentley accused White of having been a Soviet “agent of influence” while in government. The declassified VENONA decrypts of Soviet diplomatic traffic during the 1940s appear to many to confirm such charges. Craig takes a different view. While not necessarily arguing White's innocence, the author suggests that the charges of White's detractors were misplaced. He argues that White represented no more than a “trusted individual” to the Soviets and that his actions can be explained by his belief in a Rooseveltian internationalism predicated on continued Soviet-American cooperation. https://www.cia.gov/library/center-for-the-study-of-intelligence/csi-publications/csi-studies/studies/vol49no1/html_files/harry_dexter_8.html
Helped Turn Germany into an Agriculture country- Morgenthau soon appointed White to act as liaison between the Treasury and the State Department on all matters pertaining to foreign relations and made responsible for the Exchange Stabilization Fund. In many ways, Morgenthau was dependent on White.According to Morgenthau’s son, White was the principal architect behind the Jewish-constructed Morgenthau Plan, an infamous post-war revenge program designed to permanently weaken Germany’s military capabilities. As authored by White, the plan took entire industries out of Germany, eliminated its armed forces, took away it’s working population as slave labor, and converted the country into an agricultural community. The process was designed to decimate Germany’s economy and its ability to “start another war”.A version of the Morgenthau Plan that was limited to turning Germany into “a country primarily agricultural and pastoral in its character” was signed by Roosevelt and British Prime Minister Winston Churchill during the Second Quebec Conference in September 1944.http://www.renegadetribune.com/harry-dexter-white-enemy-within/
Involved in causing Pearl Harbor- Harry Dexter White, a top advisor to Secretary of the Treasury Henry Morgenthau, Jr. and President Franklin Roosevelt, is remembered chiefly as the architect of the Bretton Woods Conference that created the International Monetary Fund (IMF) and World Bank, but he also played a key role in bringing about the “Day of Infamy,” by doing everything within his power to scuttle the peace efforts of the forces within the Japanese government that were striving to avoid war with the United States. White authored an ultimatum adopted as official policy by FDR that upped the ante of belligerent acts Roosevelt was directing at Japan.White’s plan was calculated to inflame public opinion in Japan and undermine Emperor Hirohito and Prime Minister Prince Fumimaro Konoye, both of whom favored peace with the U.S. It was also aimed at guaranteeing the rise to power of Japan’s political forces that were beating the drums for war. This is precisely — and predictably — what happened. However, White did not undertake this move on his own initiative, it is important to note, but as a directive of the NKVD (an earlier name for the Soviet KGB). His Kremlin bosses were most anxious for assurance that Japan would not attack the Soviet Union; they thus expended great efforts through their spy and propaganda networks in Japan, Europe, and the United States to ensure that Japan would strike America, rather than the U.S.S.R. https://www.thenewamerican.com/culture/history/item/17147-the-communist-agent-who-caused-pearl-harbor-and-global-economic-havoc
Why does this matter?
1. There are over 189 countries that are partners in this criminal corporation:
Afghanistan, Jul 14, 1995 Albania, Oct 15, 1991 Algeria, Sep 26, 1963 Angola, Sep 19, 1989 Antigua and Barbuda, Sep 22, 1983 Argentina, Sep 20, 1956 Armenia, Sep 16, 1992 Australia, Aug 5, 1947 Austria, Aug 27, 1948 Azerbaijan, Sep 18, 1992 Bahamas, The Aug 21, 1973 Bahrain, Sep 15, 1972 Bangladesh, Aug 17, 1972 Barbados, Sep 12, 1974 Belarus, Jul 10, 1992 Belgium, Dec 27, 1945 Belize, Mar 19, 1982 Benin, Jul 10, 1963
2. They have to power to contol Everything
The Bank is run like a giant cooperative, where its members are shareholders and is operated for the benefit of those using its services. The number of shares a country has is based roughly on the size of its economy. The United States is the largest single shareholder, followed by Japan, Germany, the United Kingdom, and France. The rest of the shares are divided among the other member countries. http://www.worldbank.org/en/news/feature/2012/07/26/getting_to_know_theworldbank
Africa and the World Bank- Whether in Latin America, Asia, or Africa, the story has been the same: the destabilization of peasant producers by a one-two punch of IMF-World Bank structural adjustment programs that gutted government investment in the countryside followed by the massive influx of subsidized U.S. and European Union agricultural imports after the WTO’s Agreement on Agriculture pried open markets. African agriculture is a case study of how doctrinaire economics serving corporate interests can destroy a whole continent’s productive base. https://fpif.org/destroying_african_agriculture/
Argentina- Argentina was considered by the IMF to be a model country in its compliance to policy proposals by the Bretton Woods institutions; however it experienced a catastrophic economic crisis in 2001, which was caused by IMF-induced budget restrictions — which undercut the government's ability to sustain national infrastructure in crucial areas such as health, education, and security. The IMF intervened to ensure its loans would be repaid and enforced a set of reforms to achieve this. Argentina was ordered to structurally change their economy to concentrate on exports in order to raise enough money to pay off their debts. Argentina was forced to remove all barriers to foreign trade and enter the global marketplace this resulted in the collapse of many local Argentine companies, as economically Argentina was not ready. Argentina was forced to request further loans to feeds its population which actually led to nation wide looting in 2001. In December 2001 on the verge of economic meltdown Argentina defaulted on its $93 billion debt.
Indonesia- The World Bank in 1976 introduced a Transmigration program (Transmigration V) in Indonesia. This project was funded after the establishment of the Bank’s OESA (environmental) office in 1971. Transmigration V was the largest resettlement program ever attempted and designed ultimately to transfer, over a period of twenty years, 65 million of Indonesians 165 million inhabitants from the overcrowded islands of Java, Bali, Madura, and Lombok. The WB objectives were: relief of the economic and social problems of the inner islands, reduction of unemployment on Java, relocation of manpower to the outer islands, the strengthening of national unity through ethnic integration, and improvement of the living standard of the poor. The project was a resounding failure it failed as the new settlements went out of control; a local population fought with the migrators and the tropical forest was devastated (destroying the lives of indigenous peoples). Many of the settlements were established in inhospitable sites. The Funding continued through 1987, despite the problems noted and despite the Bank’s published stipulations (1982) concerning the treatment of groups to be resettled. http://www.khilafah.com/imf-and-world-bank-colonial-tools-to-exploit-the-world/
3. Not paying loan results in economic collapse
Autistery Measures- Austerity is a set of political-economic policies that aim to reduce government budget deficits through spending cuts, tax increases, or a combination of both. Austerity measures are often used by governments that find it difficult to borrow or meet their existing obligations to pay back loans.
Economic Effects - Many aggregate demand models in economics suggest a relatively simple relationship between a government's budget and economic activity. That is, austerity measures lead to depressed consumption and economic output. But some studies suggest that the relationship between austerity and economic activity is nonlinear and depend on many outside factors, which makes these effects uncertain.
Political Effects - Aside from the fiscal effects, austerity measures can have a number of effects on a country's politics. Since most austerity measures target developmental and social spending, social unrest is one of the most common after effects of austerity implementation. For instance, Greece saw a number of violent protests to measures undertaken in 2011 and 2012.
Social Effects - Austerity measures also have a big impact on everyday life, since governments tend to be both large employers and social nets. For instance, the Family & Parenting Institute projected that median household income in the U.K. would fall in real terms by 4.2% over the five years following the government's cutbacks in 2011. https://www.thebalance.com/what-are-austerity-measures-1978984
Now you know the backers of countries and can see why when an economy fails, nobody comes to bail them out. The punishment for not paying debt owed to a corporation has affects on the citizens of that country and the rest of the world. As yourself this next time you see crime rates spike in a certian country...Did they pay their debt?
When you know who's world this is, you will begin to see the players and the game for what it really is... satanic and demonic