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Author Topic: US Federal Reserve Notes ($) World Reserve Currency Privilege in Jeopardy  (Read 502 times)

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AGelbert

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Fed is a key player in Iran sanctions implementation
« on: January 13, 2014, 07:10:03 pm »

Quote
That the Fed is a key player in Iran sanctions implementation is certainly no secret. 


The Fed has been an equal partner in levying hundreds of millions in fines against foreign banks such as R.B.S, Barclays, Standard and Chartered and H.S.B.C. which were charged with violating the Iran sanctions regime. 

Although AIPAC never mentions it, American exporters have been seriously hurt by sanctions on Iran and the punitive secondary boycott.  A coalition representing the US Chamber of Commerce, the Business Roundtable, Coalition for American Trade, the National Foreign Trade Council and others urged Congress not to enact sanctions provisions they estimated would cost  $25 billion and 210,000 American jobs.  (PDF) 

Keeping such a costly regime in place despite thawing relations and any hard evidence of an Iranian nuclear weaponization program has therefore required immense ongoing efforts by Israel lobbying groups.   



Quote
Fischer may also want to launch "exercises" to prepare the U.S. financial system for the fallout of Israeli military attacks on Iran.  :P  :o

New bills in Congress drafted by AIPAC call not only for additional sanctions aimed at thwarting a fledgling deal on Iran's nuclear program (favored 2-to-1 by Americans). AIPAC's bill forces the U.S. to "have Israel's back" in the event of a unilateral Israeli strike. 

If Israel has already decided to attack Iran, it would benefit immensely from having Fischer inside the Fed, protecting the financial flows Israel now regards as all but a birthright from its primary global underwriter.


Less well-known is the Fed's authority to authorize foreign bank acquisitions. 

Any future Israeli campaign to further entwine its banks into the U.S. financial system through acquisitions would likely find a much more welcoming regulator in Fischer.

 
http://www.irmep.org/fischer_aipac.htm


This poor man cried, and the Lord heard him, and saved him out of all his troubles.. -- Psalm 34:6

 

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