BILDERBERGERS WANT GLOBAL CURRENCY NOW:

But nationalists and populists around the world ready to fight to retain financial sovereignty

Bilderberg has had front-men call anew for creating a global currency and establishing major European Union-style regions for the administrative convenience of a planned world government. Both steps were taken in September, one by the new Bilderberg-crowned prime minister of Japan and one separately by the UN.

The Geneva-based UN Conference on Trade and Development (UNCTAD) called for a global currency in a report made public on September 7. UN countries should agree on a global reserve bank to issue the currency and to monitor the national exchange rates of its members, UNCTAD said. The dollar’s role in international trade should be reduced to protect emerging markets from the “confidence game” of financial speculation, it said.

Heiner Flassbeck, a former German deputy finance minister, is co-author of the report calling for a global currency. He worked with then U.S. Deputy Treasury Secretary Lawrence Summers in 1997-98 to contain the Asian financial crisis. Summers is a longtime Bilderberg luminary and has been photographed by AFP at annual secret Bilderberg confabs.

Eliminating national currencies has long been a goal of Bilderberg as a crucial step in its plan to establish a world government. A nation’s currency is a symbol of sovereignty, so Bilderberg wants to divide the world into three giant regions, each with its regional currency, for the administrative convenience of its world government bureaucrats.

Bilderberg used its immense power to get Yukio Hatoyama’s Democratic Party of Japan elected over the Liberal Democratic Party, which had led the nation for 64 years. Hatoyama obediently called for an Asian economic bloc, similar to the EU, complete with a regional currency.

Bilderberg’s goal is an “Asian-Pacific Union” and an “American Union,” both modeled after the EU. The EU has its common currency, the euro, and a European Parliament that can impose laws on the once sovereign nations of Europe and a European Court superior to the highest courts of member states. The EU is effectively a single super-state.

The “American Union” is to evolve from the North American Free Trade Agreement, or NAFTA, as it extends throughout the Western Hemisphere. The common currency is to be the “amero.” Fortunately, Bilderberg’s efforts in the Western Hemisphere have been stalled but the campaign continues using “free trade” propaganda.

Ultimately, the UN is to function as a world government with the General Assembly serving as a world parliament. Bilderberg, a secret organization of international financiers and political leaders, will serve as a world shadow government that dictates to the UN.

Source: American Free press

Switzerland Threatens to Seize UBS Client Info - GOOD FOR THEM

The Swiss government said it is ready to confiscate UBS client information to prevent the bank from violating secrecy laws by handing documents over to the U.S. government.

The IRS is battling in a Miami court to force UBS to provide information on the accounts of 52,000 U.S.-based taxpayers. However, UBS contends that doing so would violate Swiss banking secrecy laws. Instead, the bank has chosen to close many of the clients’ accounts.

In a statement released by the Swiss Federal Department of Justice and Police, Switzerland on Tuesday confirmed that Swiss law prohibits disclosing the client information. “Switzerland makes it perfectly clear that Swiss law prohibits UBS from complying with a possible order by the court in Miami to hand over the client information,” said the department. “In addition, on the basis of the Federal Council’s decision of principle, UBS will by no means be in a position to comply with such an order. According to that decision, all the necessary measures should be taken to prevent UBS from handing over the information on the 52,000 account holders demanded in the U.S. civil proceeding.”

The department added that if circumstances require, it would issue an order explicitly prohibiting UBS from handing over client information.

In February, the bank signed a deferred prosecution agreement with the U.S. Justice Department, agreeing to pay $780 million and provide the names of 250 U.S. clients who had been accused of tax fraud (see UBS Agrees to Reveal Tax Shelter Clients). However, the IRS has continued to sue the bank to learn the identities and holdings of an additional 52,000 UBS clients by issuing “John Doe” summonses. The U.S. and Swiss government have made progress on a treaty to share more taxpayer information (see U.S., Swiss to Share More Taxpayer Information). But the legal battle over the 52,000 UBS clients threatens to derail the treaty.

Source: Web CPA