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... GLOBAL NEWS ... NEWS 8. National ID Card Framework Now construct five chemical weapons incinera- Germany and other losers in World War I Established in Federal Law tors. to the victors. Over the years it has ik September 1996 President Clinton (Source: Project Censored, Sonoma State become a central bank for central banks. It signed the Illegal Immigration Reform University, Rohnert Park, CA 94928, USA; _ has also emerged as a clearing-house for and Responsibility Act of 1996. Buried at phone (704) 664 2500; e-mail, project.cen - regulators, helping them supervise com- approximately page 650 was a section that sored@sonoma.edu; website, http://cen - mercial banks, oversee foreign exchange creates a framework for establishing a _ sored.sonoma.edu/ProjectCensored) markets and protect the world financial national ID card for the American public. system. This legislation was slipped through with- - KEY PLAYERS CONTROL WORLD Historically, the BIS has been essentially out fanfare or publicity. MONEY SUPPLY a European institution with US participa- The author of the national ID law, ASEL, Switzerland — Ten times a __ tion. In July 1994, however, the governors Dianne Feinstein (D-CA), stated ina year, the financial barons who control _ of the central banks of Canada and Japan Capitol Hill magazine that it was her inten- the world's supply of money gather here on were added to its board. More recently, tion to see Congress immediately imple- the bank of the Rhine River for drinks and _ nine additional nations outside Europe— ment a national identity system whereby dinner—and secret conversations that — Brazil, Mexico, Russia, China, Hong Kong, every American would be required to carry _ shape the course of the global economy. Korea, Singapore, India and Saudi a card with a "magnetic strip on it, on The 13 members of this economic cabal Arabia—became members, bringing the which the bearer's unique voice, retina pat- meet on the glass-walled 18th floor of the _ total to 41. tern or fingerprint is digitally encoded". round headquarters tower of an obscure As a bank, the BIS has deposits of about 9. Barbie's Betrayal: The Broken institution known as the Bank for US$112 billion, some of which is in gold. Workers of the Toy Industry International Settlements (BIS). The funds are invested with commercial hanks to the North American Free The members of this secretive group are _ banks and in securities, but central bank Trade Agreement (NAFTA) and the _ the governors of the central banks of the depositors can withdraw them at any time. General Agreement on Tariffs and Trade Group of 10 industrial nations, plus Smaller central banks use the BIS both as a (GATT), US toy factories have cut a one- Switzerland. The most powerful voice in convenient way to invest their reserves and time American workforce of 56,000 in half, the room is the US representative—Federal to keep secret the way in which they are and sent many of those jobs to countries Reserve chairman Alan Greenspan. As managing the money. Last year the BIS where workers lack basic rights. befits its power, the United States alone has made roughly US$500 million on its bank- 10. Army's Plan to Burn Nerve Gas and =a second seat at the table, occupied by __ ing activities. Toxins Threatens Columbia River Basin —_ William J. McDonough, president of the All but 16 per cent of the BIS shares are espite evidence that incineration is the New York Federal Reserve Bank. The owned by its member central banks. The worst option for destroying the 13th participant is the BIS general manager _ remaining shares are in private hands as a nation's obsolete chemical weapons stock- Andrew Crockett, a former Bank of result of the United States' failure in 1930 pile at the Umatilla Army Depot, the — England official. to pay for its shares. Instead, these were Oregon Environmental Quality But what, exactly, is the strangely named acquired by a group of American banks Commission (EQC) gave the green light to organisation that hosts this secret conclave? which later sold them, mostly to individu- the US Army and Raytheon Corporation to The BIS was established in 1930 to assist als in Europe. spend US$1.3 billion of taxpayer money to in the payments of reparations owed by (Source: The Washington Post, June 28, 1008 » IN system. Historically, the BIS has been essentially a European institution with US participa- tion. In July 1994, however, the governors of the central banks of Canada and Japan were added to its board. More recently, nine additional nations outside Europe— Brazil, Mexico, Russia, China, Hong Kong, Korea, Singapore, India and Saudi Arabia—became members, bringing the total to 41. As a bank, the BIS has deposits of about US$112 billion, some of which is in gold. The funds are invested with commercial banks and in securities, but central bank depositors can withdraw them at any time. Smaller central banks use the BIS both as a convenient way to invest their reserves and to keep secret the way in which they are managing the money. Last year the BIS made roughly US$500 million on its bank- ing activities. All but 16 per cent of the BIS shares are owned by its member central banks. The remaining shares are in private hands as a result of the United States’ failure in 1930 to pay for its shares. Instead, these were acquired by a group of American banks which later sold them, mostly to individu- als in Europe. (Source: The Washington Post, June 28, 1998, p. H1) KEY PLAYERS CONTROL WORLD MONEY SUPPLY ASEL, Switzerland — Ten times a year, the financial barons who control the world's supply of money gather here on the bank of the Rhine River for drinks and dinner—and secret conversations that shape the course of the global economy. The 13 members of this economic cabal meet on the glass-walled 18th floor of the round headquarters tower of an obscure institution known as the Bank for International Settlements (BIS). The members of this secretive group are the governors of the central banks of the Group of 10 industrial nations, plus Switzerland. The most powerful voice in the room is the US representative—Federal Reserve chairman Alan Greenspan. As befits its power, the United States alone has a second seat at the table, occupied by William J. McDonough, president of the New York Federal Reserve Bank. The 13th participant is the BIS general manager Andrew Crockett, a former Bank of England official. But what, exactly, is the strangely named organisation that hosts this secret conclave? The BIS was established in 1930 to assist in the payments of reparations owed by ALTERNATIVE MEDICINE NOW USED BY 40% OF AMERICANS wo in five Americans surveyed have turned to some type of alternative med- icine not offered by their regular doctors to treat their aches and pains, says a report published by the Journal of the American Medical Association (19 May 1998). The survey of roughly 1,000 randomly selected people found that those who tried alternative therapies such as chiropractic or acupuncture did so not because they were fed up with conventional medicine but because they viewed health more holistical- ly. The survey also found that better-edu- cated people and those with a less-than- optimum health status were more likely to turn to alternative medicine. (Source: Reuters, 20 May 1998) Sewer the 8 - NEXUS construct five chemical weapons incinera- fave AUGUST - SEPTEMBER 1998