Snip ~ Nationalization of a major banking group would be extremely complicated, so we need to be prepared in case it occurs. This paper presents a “survival manual,” with suggestions for minimizing the damage from nationalization. Examining the practical issues should also make clear why nationalization is a choice to be avoided, if possible.
There are many definitions of “nationalization.” Here it will refer to a federal takeover of a bank where the government takes full, or nearly full, ownership and chooses to actively play the role of controlling shareholder. Link ~ Bank Nationalization ... Here we go ...
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also .. Bank Nationalization ~ Towards a one world order ..
Snip ~ The creation of a one world economy is exactly how the last dictator melds the world into one happy global family without ever firing a single shot ...
Snip ~ "And he causeth all, both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads: And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name. (Rev 13:16, 17)
The U.S. is running neck and neck with the European Union toward the nationalization of its banks. According to the EU Observer Feb 23, 2009 " A report out on Wednesday (25 February) will likely call for the setting up of a new European agency to regulate financial institutions within the EU.
It "will call for deep institutional change" predicts Karel Lannoo, chief executive officer with the Centre for European Policy Studies, a Brussels based think-tank. The chair of the CEPS board, Onno Ruding, sits on the group tasked with issuing the report.
Mr. Lannoo, who specializes in the field of financial regulation, said the report would call for a "single agency modeled on the European Monetary Institute of 1992 ... to lay the basis for the creation of a new European system of financial supervisors."
The EU is now the twentieth member of the famed G-20, a group of the 20 most powerful economies on earth. The group already comprises 90 percent of the total global gross national product. It also has reign over 80 percent of world trade and makes up almost two thirds of the worlds entire population. Two other institutions directly linked to the G-20 are the International Monetary Fund and the high profile World Bank. The stage is set.
The chief goal of the G-20 is to build and sustain economic prosperity. It is a prosperity born of government control and not of private enterprise or capitalism. It is a new world order idea and anything but American. How many Americans know of these things much less can understand the deepest implications of these changes, a safe answer is, very few.
The G-20 website says "Since 1999, the G-20 has contributed to strengthen the international financial architecture and to foster sustainable economic growth and development. The G20 now has a crucial role in driving forward work between advanced and emerging economies to tackle the international financial and economic crisis, restore worldwide financial stability, lead the international economic recovery and secure a sustainable future for all countries." According to the scripture no one will thank the G-20 for their noble aspirations in the end.
The U.S. plan and the E.U. proclivity toward government control of banks if combined could spell the end of capitalism and free market enterprise on a global scale.
The creation of a one world economy is exactly how the last dictator melds the world into one happy global family without ever firing a single shot. But the happiness is short lived as is the rule of antichrist. His rule is interrupted by the actual physical return of the Lord Jesus Christ who not only judges the world but removes the reigns of power from all who now hold them. (Rev 11:15) @ Toward nationalizing U.S. banks -- toward one world order
__More articles about bank nationalization_
Europe Warns US to Speed Up Bank Reform ...(it seems like just yesterday...)...
*** Links - Banking Reform ... Plan Moving Forward ..."Financial Reform: The Road Ahead" ~ Dodd-Frank ~ FDIC's Sheila Bair
10:30 into video
