European Union: Conspiracy Theory - Is It Not Just Theory? - Alternative View

European Union: Conspiracy Theory - Is It Not Just Theory? - Alternative View
European Union: Conspiracy Theory - Is It Not Just Theory? - Alternative View

Video: European Union: Conspiracy Theory - Is It Not Just Theory? - Alternative View

Video: European Union: Conspiracy Theory - Is It Not Just Theory? - Alternative View
Video: Conspiracy Theories and the Quest for Truth | Rachel Runnels | TEDxTexasStateUniversity 2024, May
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The adherents of the elite theory, inclined to radicalism (supporters of the so-called conspiracy theory), always inscribing the Bilderberg Club, the Committee of 300, the Bohemian Club, Rothschilds / Rockefellers, Freemasons and others in the list of the secret rulers of the world, usually pass over in silence the "Group of 30" (G30), founded in 1978 by British banker Geoffrey Bell on the initiative of the Rockefeller Foundation and with his own money. And in vain they go around.

If you look at the personal composition of the "Group of 30", you can see that it is a collection of influential and wealthy bankers from the largest private (like JP MorganChase and Goldman Sachs) and central banks around the world. G-30 Executive Secretary - Jeffrey Bell, Chairman Emeritus - Paul Volcker, Former President of the Federal Reserve Bank of New York, Former Chairman of the US Federal Reserve Board, Member of the Bilderberg Club, Chairman of the Rothschild Wolfensohn Company, one of the main the authors of the collapse of the gold standard under President Nixon.

Here we can talk not only about the "theory" of conspiracy, but also about the practice: at the suggestion of the European Ombudsman Emily O'Reilly, the European Commissioner for Human Rights of the European Union, Brussels demanded from the Chairman of the European Central Bank (ECB) Mario Draghi (Mario Draghi) immediately leave the "secret bankers club" of the G30, writes The Guardian, and imposed a ban on membership in this club for all future ECB presidents. Last but not least, this harsh measure against the chief banker of the European Union was taken in connection with the delicate nature of the problems that the G-30 meeting there twice a year deals with in Washington. And Draghi, being chairman of the ECB, attended her meetings in 2012, 2013 and twice in 2015.

As it turned out, the non-profit organization Corporate Europe Observatory (CEO), which has been tracking the influence of corporations and their lobbying groups on European politics and European institutions for two decades, has been monitoring Draghi and his ties to the G30 for six years. And back in 2012, the CEO pointed out to the European ombudsman about Draghi's close ties with the G30, contrary to the ECB's code of rules. However, Draghi himself denied any accusations against him, and for some reason the ECB considered the conflict settled.

Then the question of whose influence - the banker Draghi in the G30 or vice versa - was predominant, again exacerbated. It is well known that the policy of the ECB in the period after the global financial crisis of 2007-2008. was an accurate reflection of Wall Street politics. But it is precisely the Washington G30 that acts as the “main lobbyist for the interests of large private banks. As the European Central Bank controls access to loans from (European) banks and is increasingly empowered to supervise banks, membership in the G30 of Europe's largest bank creates a potential conflict of interest and violates existing rules,”the experts from the European Corporate Observer emphasize.

As it became known from the results of the investigation carried out by the experts of the CEO, the main goal of the G30 is to abolish state regulation of financial and banking activities and the transition to “self-regulation” (read: lack of control) of bankers. In practice, this leads to the establishment of absolute control over the world economy of large private financial institutions. And the G30 "has achieved significant success in shaping international rules in line with this goal, advancing the interests of Wall Street and the largest European investment funds and banks, removing obstacles to financial flows and investments," says the CEO.

What, one wonders, a meeting of bankers like the G30 could recommend to the European Central Bank? Therefore, The Guardian notes, it became difficult "to demonstrate to the public that there is a clear division between the ECB as a supervisor and the financial business." Indeed, it is difficult.

Simply put, it was not Draghi that told the American G-30, but the G-30 that it was necessary to save private banks from ruin in the wake of the financial crisis with public money, that it was democratic. As a result, banks' “self-regulation”, lack of government control over banking activities, and “close relationships between private banks and financial regulators” established by the Group of 30 as international rules paved the way for the 2007-2008 financial crisis. After all, the G30 was founded by private financial corporations, its members are representatives of these corporations, its purpose is to influence financial regulation, its members serve and are paid by the same corporations.

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What is surprising in this story is not that financial corporations seek to shape (and shape) the rules of the game in the financial markets of the world, but the fact that the European Central Bank for a long time stubbornly refused to follow its own set of rules that presuppose the separation of state interests and the interests of the private corporate sector. …

The ECB did not seem to be embarrassed that "[Draghi's membership in the G30] was contrary to the ECB's own rules and that it went on for such a long time, undermining public confidence in the ECB's independence," we read in the final part of the accusation against Mario Draghi of links with the "secret club of bankers". And no one even dares to discuss the losses for the EU economy resulting from visits by the chief banker of the European Union to the closed G30 club: what if this "thirty" meeting in Washington really commands all European finances?

ELENA POSTOVOYTOVA