J D Heyes at America
First Report sounds the alarm:
Federal Reserve Goes Authoritarian,
Set to Force Banks to Adopt ‘Social Score’ System
for Customers Similar to Communist China
. . . As reported by investigative
journalist Jordan Schachtel
on his Substack, the Fed “has taken a major step in the direction of
facilitating an ESG compliant monetary network that effectively acts as a
parallel system to that of the Chinese Communist Party’s infamous social credit
scoring system.”
ESG — which stands for Environment,
Social, and Governance in investing — “refers to a set of standards for a
company’s behavior used by socially conscious investors to
screen potential investments,” according
to Investopedia. What that means in practice, of course, is that regardless
of the potential for earning profits for shareholders, which banks and
corporations are beholden by law to always strive for, these institutions
instead only invest in “politically correct” industries and sectors.
. . .
In short, institutions that are
all-in for ESG essentially commit themselves to further attacking and eroding
our founding free-market principles through deception, instead preferring
Chinese communist-style “stakeholder capitalism” that empowers a small group of
uber-elites and technocrats to make important decisions and broad
determinations for all of society writ large.
Read the full report here.
And in related news, Sundance posted the transcript of Neil Oliver’s
latest monologue – and it’s all about unaccountable banks and money. Mr Oliver starts off:
I want to tell you a story about
money. To be more specific I want to tell you where money comes from. The
truth, of which most people are unaware, is that money is created out of thin
air. Furthermore, every single pound, dollar, euro, yen and all the rest is
created out of thin air by unelected, unaccountable private business people who
conduct their meetings in total secrecy and profit always from their actions.
Let’s imagine you want to borrow
200k to buy a house. When you go to the bank and ask for that money, the banker
doesn’t give you existing funds, cash from a drawer for instance. Instead, he
creates that 200k out of nowhere – money that previously did not exist. That money
is not backed by anything real – no gold or anything else. It is conjured out
of nowhere and exists now only because the banker says it does. He then says
you have to pay him back the 200k plus – let’s say for the sake of example –
another 200k in interest.
He is allowed to credit your
account with money that did not exist until you asked for it and he pressed
digits on a keyboard … and then he invites himself to charge you whatever
interest he wants on that previously non-existent sum. Talk about a fool-proof
way to make money. . . .
. . .
If you don’t trust me, how about
Thomas Jefferson, founding father and third president of the US, who said:
“I believe that banking
institutions are more dangerous to our liberties than standing armies. If the
American people ever allow banks to control the issue of their currency … they
will deprive people of all property until their children wake up homeless on
the continent their fathers conquered. The issuing power should be taken from
the banks and restored to the people, to whom it properly belongs.”
The Federal Reserve in the US was
created at Christmas time 1913.
. . .
Henry Kissinger said:
“Who controls the food supply
controls the people; who controls the energy can control whole continents; who
controls money can control the world.”
Right now, all around us, the
people are being nudged ever closer to digital enslavement by secretive,
unaccountable bankers. . . .
Full transcript is here, and it’s sobering. We all have bank accounts; we’re all vulnerable.
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