It was the same lobby who succesfully managed to have the regulations of banks being released. That happened in the late eighties and nineties.
Before that the Glass Steagall Act regulated speculation and the size of the banks and the volume of currency they were allowed to put on the market.
Then upon installation of several acts, the Gramm–Leach–Bliley Act for instance, the banks were basically allowed to do anything they like.
Speculation and flooding the market with cheap money were the result.
In combination with "clever" tricks like fractional reserve banking, bonds and what not there developed a ginormous amount of non-existent money.
It wasn't backed up by anything, it was just created out of thin air. Who started it and still performs this in eerie perfection? The Fed.
Read more here:
http://www.globalresearch.ca/who-owns-the-federal-reserve/Indeed, the Fed should be shut down.
For christ sake (excuse me), the Fed is a frikkin' private bank. Better said, 100% of the Fed's shareholders are private banks.
It's not a government institution. Yet they determine whatever happens financially on global scale.
So the next part is considered tin foil hat stuff by everybody who only watches TV and consumes mainstream stuff
These tin foil hat people warned us for the past 10 years and so far when it comes to this crisis and banksters stories they were more often right than wrong it seemed eventually.
How on earth is it possible that ONE private corporation completely owns the world economy?
The owners of these private banks are families like the Rothschilds, Rockefellers etc. These banks are major shareholders for virtually every large energy/oil/weapons/financing company in the world. It literally all branches upwards to these handful of families.
They control *everything*.
Since this is what the banksters wanted themselves it will *never ever* happen that these changes will be reverted in the financial system.
It is instigated by the banksters lobby and they are the only ones capable of reverting it as they are puppeted by the banksters themselves.
A central world government is their agenda as they want to further expand their control and power.
I don't believe they want to decimate the population like many conspiracy dudes think, but one large world government isn't unthinkable.
For instance, current president of the European Union, Herman van Rompuy, announced he wants to start negotiating to put the complete European Union under one budget. "In order to reshape economical and monetary operations so that countries like Greece and Spain won't be able to affect the Euro as a whole anymore" is his motivation. Basically enslaving all the other 'debt-less' (figuratively speaking) countries is what it means.
That's where things come full circle with the above.
Once Europe has reshaped his economical and monetary operations in this way then everything will be centrally operated.
The mechanism by which this idea from van Rompuy needs to succeed is by deliberately keeping the crisis alive by the Fed. Otherwise there would be no need to reshape.
van Rompuy himself isn't necessarily aware he's being puppet in this.
This gives rise to "the need of a centralised solution" which otherwise wouldn't be accepted that easily, because souverignty needs to be transferred to a single party.
Naturally that gives a lot of resistence, for a good reason, but if you suffocate countries long enough in a crisis then they will accept this eventually.
The Fed and families fully control and own every dollar in the world and they want to keep it that way, because the world economy still uses the Dollar as standard/reference. The Euro is a strong competitor of the Dollar and potential danger to their economical and monetary power.
Transferring the Euro operations to a single entity only means they will need a single puppet to pull its strings.
The puppets are already in place. Van Rompuy, Draghi, Monti etc. etc.
The latter two are from Goldman Sachs, also a private bank from those families which is shareholder of the Fed.....coincidence of course!
The latter also member of Bilderberg conference group, a group of bankers, industrialists and selected politicians who annually meet....coincidence of course!
Like with every conference in any field of work you meet people and discuss your work, the problems and how you can help each other out.
The same happens at those conferences. It's not unthinkable, nor unlikely, that a lot of decisions and agreements are made there behind closed doors.
That's why democracy isn't working anymore. The significant and 'big things' has been decided about long before you realize or think you can have any influence on.
Which you can't anyway.
It really makes me wonder when people wake up and see/realize how WRONG and sad the world is and how we're manipulated in such brutal manner and on such a massive scale.
But hey, as long as we have our iDevices, Facebook, MTV, Macdonalds etc.we're all fine and don't care...don't we?
