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WillyT

(72,631 posts)
Thu Jun 18, 2015, 03:22 PM Jun 2015

In Case You Missed This... 'Fast-Track Hands The Money Monopoly To Private Banks — Permanently'

Fast-track Hands the Money Monopoly to Private Banks — Permanently
by Ellen Brown - WebOfDebt
Posted on June 11, 2015 by Ellen Brown

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TiSA Exposed

On June 3, 2015, WikiLeaks released 17 key documents related to TiSA, which is considered perhaps the most important of the three deals being negotiated for “fast track” trade authority. The documents were supposed to remain classified for five years after being signed, displaying a level of secrecy that outstrips even the TPP’s four-year classification.

TiSA involves 51 countries, including every advanced economy except the BRICS (Brazil, Russia, India, China, and South Africa). The deal would liberalize global trade in services covering close to 80% of the US economy, including financial services, healthcare, education, engineering, telecommunications, and many more. It would restrict how governments can manage their public laws, and it could dismantle and privatize state-owned enterprises, turning those services over to the private sector.

Recall the secret plan devised by Wall Street and U.S. Treasury officials in the 1990s to open banking to the lucrative derivatives business. To pull this off required the relaxation of banking regulations not just in the US but globally, so that money would not flee to nations with safer banking laws. The vehicle used was the Financial Services Agreement concluded under the auspices of the World Trade Organization’s General Agreement on Trade in Services (GATS). The plan worked, and most countries were roped into this “liberalization” of their banking rules. The upshot was that the 2008 credit crisis took down not just the US economy but economies globally.

TiSA picks up where the Financial Services Agreement left off, opening yet more doors for private banks and other commercial service industries, and slamming doors on governments that might consider opening their private banking sectors to public ownership.

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Much More: http://ellenbrown.com/2015/06/11/fast-tracking-tisa-stealth-block-to-monetary-reform/







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bigwillq

(72,790 posts)
14. "....Jamie Dimon, the head of it, is one of the smartest bankers we've got"
Thu Jun 18, 2015, 09:14 PM
Jun 2015

Obama and all his merry friends.

 

arcane1

(38,613 posts)
2. "TPP’s four-year classification"? How did I miss that?
Thu Jun 18, 2015, 03:27 PM
Jun 2015

What happened to "after the vote we can all see what's in it"?

 

djean111

(14,255 posts)
4. I am not sure, but I think that the "negotiation" documents are sealed for four years - so that
Thu Jun 18, 2015, 03:42 PM
Jun 2015

we cannot see who proposed this shit and retaliate immediately. This gives people time to get set up in cushy jobs or whatever. All we will be able to see is the rancid sausage, not who cooked it up. I have to laugh, this "only the negotiations are kept secret" is flung about as if the final product is not a direct result of negotiations. I am gonna go out on a limb and assume those negotiations will not make anyone currently in office look good, and that is why the secrecy.

 

Rex

(65,616 posts)
7. The Wall Street billionaires want it all, every last cent we have.
Thu Jun 18, 2015, 03:57 PM
Jun 2015

And of course they don't even see their own demise, after we all go extinct. Too much arrogence and greed imo and money...shitloads of it in the hands of a few 100 people around the planet.

OF COURSE goverments will go along with this, they don't actually control much anymore.

I knew this was a steaming pile of crap treaty for the labor force.

FlatBaroque

(3,160 posts)
8. And Libya wanted to operate its own African currency
Thu Jun 18, 2015, 04:05 PM
Jun 2015

For THAT you get sodomized and publicly executed. Bankers don't like that.

AikidoSoul

(2,150 posts)
10. The entire thing is evil. It will be the death of many
Thu Jun 18, 2015, 05:59 PM
Jun 2015

and our lives will never, ever be secure after it passes.

My God. Save us please.

nationalize the fed

(2,169 posts)
11. Hopefully God is busy tending to the innocent victims of the latest Drone Strike
Thu Jun 18, 2015, 06:17 PM
Jun 2015

Isn't he/she/it needed more there?

It's up to the people of the US to save themselves. And, strangely enough, all it would take is to pay some attention. Americans have become lazy and distracted. Add ignorance and arrogance and look at what you get.

"A Republic- if you can keep it"- Benjamin Franklin

Out of Sight=Out of Mind- The Legacy of the Boomers
http://drones.pitchinteractive.com/

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