Uploaded on Thursday 9 April, 2015 to the globalist cabal
The triumvirate in the eurozone
The single currency for the European Union, the euro, was launched on 1 January, 1999, as per the Maastricht Treaty on European Union of 1992. The reasons behind this novel project were political, rather than economical. The day the euro came into force, high expectations were sounded that this currency would bring prosperity and stability, that it would serve as a means to forge a cohesive economic block, capable of competing with the likes of the economies of North America and the far-east.
The truth is that the euro has not lived up to expectations, and it could even be phased out if this trend invariably goes on. The euro was lumped together with economies of various strengths. Not all EU member states go about their business with the same work ethic, thus necessitating an authority to emerge and help clean up the financial systems where needed. This is where the Troika comes in. So far, over 400 billion euros has been expended in bailouts to prevent countries in the eurozone from defaulting on their loans. The costs of keeping the euro going are high, but are they worth it?
Ellen Hodgson Brown, President & Founder of the Public Banking Institute (PBI) and author of such books as "The Web of Debt", The Public Bank Solution", addresses the PBI 2012 conference in Philadelphia.
Victoria Grant, seen here aged 12 years old, addresses the first annual Public Banking Conference in Philadelphia, PA. Her father and she discovered that the debt money system was what was wrong with the Canadian economy and decided to do something about it.
The Bank of North Dakota was established by legislative action in 1919 to promote agriculture, commerce and industry. North Dakota is the only state to have escaped the credit crisis. For every year since 2008, it has run a budget surplus and it has the lowest unemployment figures in the US, the lowest default rate on its loans and the lowest foreclosure rate.
Mike Krauss, Chairman of the Pennsylvania Project, puts forward his proposal, based on the success of the Bank of North Dakota, to create a Public Bank for the state of Pennsylvania. Such a move would free the state from the clutches of the Fed, reduce the debt burden, boost investments and serve the public interest.
Most people hold the view that their bank deposits are safe with the big commercial banks, however, this assumption is not based on the facts. This video features official government documents detailing information that should sound anyone's alarm bells [edited].