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By Tom Dennen, the paranoid historian (Reporter)
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Koch Bros. vs the BIS or What the Hell is the BIS Doing in U.S. Politics?

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Just-what-the-hell-are-the-world-bank-and-imf-doing-in-the-ukrain?

 

“The balance of power has been changing. There are confrontations, economic powers emerging and consolidating and cooperating … The world is becoming both global and interdependent and needs probably different layers in that safety net.”  – Christine Lagarde, a French lawyer who has been the Managing Director of the International Monetary Fund since 5 July 2011. The

first woman ever.

“The IRS rule change (limited freedom of speech in regards to the political activities of non-profit organizations) would have severely hampered [the Koch Brothers’ attempts at maintaining and growing political influence [in the upcoming November elections]. 

“Is it possible that international banking interests, represented in the form of the Bank for International Settlements, is attempting to strip political influence away from American business interests?”

Could be. And separating vested interests from the political process would be a good thing. But who is the BIS to change the goalposts in American politics? Is Tim Geithner looking at Lafarges’ job? - tom dennen.

Is this the new face of Wall Street?  

“With so much happening over the summer on the geopolitical front, including increasing social unrest around the world, it’s important to look in again on the International Monetary Fund’s 2010 Quota and Governance Reforms.  Obviously the United States is still delaying the required congressional approval to enact the legislation in support of the reforms. 

“The G20 countries have collectively given the American congress until the end of this year to pass the legislation, which is supported by the countries listed below as well as the American Executive Branch and the Treasury.  Earlier this year the reforms were attached to the aid package for Ukraine.  The IMF reforms and IRS proposed rule change were packaged together and became part of the aid bill, only to be dropped later so the aid bill for Ukraine could be passed. 

“The IRS rule change would have limited freedom of speech in regards to the political activities of non-profit organizations.  The Koch brothers, who presumably would not have benefited from this rule change, bargained that the Ukraine aid package would be passed, along with the IMF reforms, as long as the IRS rule change was removed from the bill.  For whatever reason, the Democrats refused to separate the IMF reforms and IRS rule change, but the aid package was ultimately passed.

“This tells us a few very important things. 

“First, the Koch brothers are aggressively supporting Republican candidates in this years congressional elections which are to take place on November 4th.  The IRS rule change would have severely hampered their attempts at maintaining and growing political influence.  Is it possible that international banking interests, represented in the form of the Bank for International Settlements, is attempting to strip political influence away from American business interests?

“Second, neither the Koch brothers, nor the republicans, are against the IMF reforms.  They are only against the IRS rule change which has been attached with the IMF reforms on every bill that is written.  It is perhaps a requirement of the international banking interests that IMF reform and a weakening of internal political power of each country are part and parcel of the same game plan…”

SOURCE HERE



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