A peek inside the SA Reserve Bank

[Dave A]

From the Henry Makow link:

Recently I was accused of making the Illuminati my paranoid religion and fitting everything into this pattern. I agreed that people do seek a system to explain the world. My accuser's assumption was that no "religion" ever is true. I disagree. Although I would love to be wrong, Illuminati conspiracy does explain reality convincingly.

The problem is every religion is true in the eyes of its adherents. Thus I'm afraid Henry and other adherents of the conspiracy theory cannot be trusted to be objective in this "religion," no matter how hard they try.

I think this is as good a test of objectivity as any:

[ATTACH]566[/ATTACH]
Barrack Obama is pictured above giving the Illuminati sign of Baphomet. Yes, technically the thumb should be folded in, and his excuse is that it is the American Sign Language "I Love You." Just like Bush who pretended this was the Texas Longhorn sign, these Satanists need a cover story.

Thinly disguised signal of the Illuminati or just one of the guys from the hood in high spirits?

[Frankincense]

"The problem is every religion is true in the eyes of its adherents."

I dont see that as a problem - that is part of the greatest gift given to mankind and that is to be able to have faith in things unseen so that that which is ultimately the truth would be rewarding to those that adhered to the principles until the end of it whilst others chose to reject and scoff

God forbids that your religion may not be true in your own eyes, lest is becomes meaningless to you.

By you believing that adherence to your religion is right, should not be reason alone for anyone to disbelieve it? I'd say the contents thereof are of more relvance for any desicion making.

"Thus I'm afraid Henry and other adherents of the conspiracy theory cannot be trusted to be objective in this "religion," no matter how hard they try."

"afraid"....Indeed, "....work out thy salvation with fear and trembling"

I'd say learn to trust your own gut, and not other men's Has there been one man ever to be truelly objective? Everybody needs a bit of faith, and faith eliminates all objectivity

All theories are based on a certain amount of faith, untill prooven fact or fiction. These events mentioned are being interpreted by many scholars universally for years. I am reasonably comfortable with the interpretations and find them inline with biblical prophecies, should that matter.

I trust your decisions will be informed whichever "truth" you accept as your authority.

Dave, what do you believe is the reason why the SARB will not allow us to see who controls the voting powers of our money supply in SA?

[Dave A]

After that interlude on objectivity... (Sorry everyone - my fault for raising it)

Dave, what do you believe is the reason why the SARB will not allow us to see who controls the voting powers of our money supply in SA?

I'd question how much control the shareholders have anyway when it comes to the SARB. But since you asked, my theory would be:

The shareholders register changes on a regular basis. Providing access to the list of shareholders to all and sundry is not a statutory requirement and doing it ad hoc is a PITA. However, the shareholders register really matters at a general meeting of the shareholders. I'm sure any shareholder could ask to peruse the list of shareholders in the run-up to or during such a meeting.

[msmoorad]

After that interlude on objectivity... (Sorry everyone - my fault for raising it)

I'd question how much control the shareholders have anyway when it comes to the SARB. But since you asked, my theory would be:

The shareholders register changes on a regular basis. Providing access to the list of shareholders to all and sundry is not a statutory requirement and doing it ad hoc is a PITA. However, the shareholders register really matters at a general meeting of the shareholders. I'm sure any shareholder could ask to peruse the list of shareholders in the run-up to or during such a meeting.

i think the current system of banking/business is the cause of all the poverty- go back to the gold standard or begin bartering and then you will cut out the fat-cat bankers (local & intnl) who are just blood sucking parasites.
i think you guys should speak to people like COSATU etc and make them see/understand the BIG PICTURE abouth the SARB & the US federal reserve & the intnl bankers.
how about de beers- they are owned by the oppenheimers-orig cecil john rhodes who was backed by the rothschilds waged war with the boers for control of the land where the gold/diamond deposits were located.
the same rothschild began his career working for the Oppenheimers in germany.
now these people are relaxing in London & NY while people are slogging for them & losing their lives regularly in our mines.
where is this gold & diamonds going to to?
how much does our country receive from this wealth?


i dont know much about how the business world works but i know this much- the system is corrupt and those who run the system are even more corrupt.

[Dave A]

Those pesky shareholders again.

Shareholders want to be heard at the South African Reserve Bank's annual general meeting (AGM), one of the shareholders said on Monday.

"It is our meeting where we want to be heard and would like to transact what we are entitled to," shareholder Mario Pretorius said in an open letter to Reserve Bank Governor Tito Mboweni.

This followed a stormy AGM last week, when some of the bank's shareholders and Mboweni locked horns.
full story from M&G here

Yep - our friend Mario Pretorius again. And look at his questions:

Pretorius said he wanted to address a question to the chairperson of the Reserve Bank's remuneration committee.

He said he wished to ascertain how the committee justified the 14% raise in remuneration of the governor, cost to company, to R4,3-million a year.

Pretorius said there was presently world-wide sensitivity to excessive remuneration of banking officials.

He said the Reserve Bank's profit had dropped by 61% this year and the governor had received a 42% pay rise for the past two years.

"The governor is already the third highest paid central bank official in the world, earning three times more than, by comparison, Mr Ben Bernanke at the New York Federal Reserve in the US," Pretorius said.

He said Mboweni earned 2,5 times more than his counterpart in the National Treasury, the minister of finance and more than the president.

Pretorius asked if the Reserve Bank board had quantified the effect of Zimbabwe's official use of the rand and the subsequent fractional lending of its banking system, uncontrolled by the Reserve Bank, on the quantum of money supply growth of the rand.

Pretorius also asked if Mboweni and the board had discussed the possibility of the nationalisation of Reserve Bank, and wanted to know if the bank had been officially rated for black economic empowerment and if so, what rating it had achieved.

Pretorius further questioned how the bank would resist political pressure from the African National Congress.

It had publicly stated, through Congress of South African Trade Unions (Cosatu) general secretary Zwelinzima Vavi, that there were "pertinent differences" in the ANC's macro-economic policy and that of the Reserve Bank, in particular the bank's policy of inflation targeting and its use of the "blunt instrument of interest rates" to curtail inflation.

Mboweni's office was not immediately available for comment.

Apparently these were questions that fell outside of the AGMs ambit. But they're interesting questions, don't you think?

[Frankincense]

It will be as it is written, the controllers of money and credit will earn more than Presidents and World Leaders , afterall, they are the true Presidents of the 666 rollout... political parties, even the baby ANC won't EVER come in the way of the roll out....

Great POST Dave!!!

[sgafc]

As always, Francois, you and I(and Dave) are on the same page...See the quotes on "Fractional Reserve Lending". These are assertions coming from people on the inside, not us! The SA Reserve Bank is heading down the same slippery slopes as the Federal Reserve(US). The US Fed Reserve was never audited. The SA Reserve whilst audited, lacks transparency

[Dave A]

As always, Francois, you and I(and Dave) are on the same page...

An observation that certainly gave me pause for thought, Sean
And perhaps fair enough except I don't seem to share Francois' faith in pre-ordination according to revelations.

[Dave A]

I called SARB today and was told by "Agent X" that SARB is not authorising the issuing of the SARB Shareholders Register

I thought you might be interested to know that in terms of Section 26 of the new Companies Act, a "person who holds or has a beneficial interest in any securities issued by a company" is entitled to inspect and copy the information contained in the securities register.

I guess you need to be a shareholder...

[msmoorad]

reserve bank

my first post in a while...
from what i know, our reserve bank is more or less administered & run the same way as most reserve banks worldwide.
this basically means its linked to the bank of england & the US federal reserve banks & the crooks that run it.IE the Rothschilds, & their cronies.
most people here dont like to get to the point ot maybe they just believe whatever is on the news.
blood sucking parasites.

[Frankincense]

@sgafc: "As always, Francois, you and I(and Dave) are on the same page"

Not quite: "I(Dave) don't seem to share Francois' faith in pre-ordination "

Dave, How else do you see the rolling out of the 666 mark without which no one can buy or sell?

It is sad that we cannot agree on these simple realities, but the good thing is this forum will bear testimony to those who reject and accept whatever is revealed.

@MSMOORAD: Yes, some people don't like the truth, and will show their doubt but choosing either side of an issue as is suites them.

[irneb]

Not sure about the SA Reserve Bank's origins (and thus it's shareholding). This does seem to be very secretive. However, if you look at the origins of the US Fed (http://news.goldseek.com/GoldSeek/1095269452.php) - why would the SA version be that much different?

A "private" corporation owned by shareholders (not published ) having total control over a country's currency - without the need for consensus from government on policy changes: "We'll raise / lower interest rates at this date."; "We'll print X amount more Rands at such a time"; etc. Has anyone ever heard these phrases in parliament? Proof that they don't even have to notify parliament of their policies ... now who's actually running the country?

[sgafc]

Not sure about the SA Reserve Bank's origins (and thus it's shareholding). This does seem to be very secretive. However, if you look at the origins of the US Fed (http://news.goldseek.com/GoldSeek/1095269452.php) - why would the SA version be that much different?

A "private" corporation owned by shareholders (not published ) having total control over a country's currency - without the need for consensus from government on policy changes: "We'll raise / lower interest rates at this date."; "We'll print X amount more Rands at such a time"; etc. Has anyone ever heard these phrases in parliament? Proof that they don't even have to notify parliament of their policies ... now who's actually running the country?

Excellent observation. The belief that governments control central banks, and are responsible for the "printing and minting" of money is a lie. Private individuals own the central banks. And commercial banks bring money into circulation, NOT central banks. It would have been great if governments could bring money into circulation, interest-free. Unfortunately this is not the case...

[Dave A]

Governments don't have enough power already?

Be careful what you wish for. Government isn't always benign. There needs to be checks and balances.

[sgafc]

True, not that I trust government. But historically the involvement of banksters in the creation of money has led to numerous problems. Banks lend money to the government, and demand it back with interest(read taxes), as opposed to government bringing money into circulation. The printing of money in the current scenario has nothing to do with government. The printing/minting is done on behalf of banks, who are always in need of "real" cash for their ATM's and vaults(in case people withdraw their investments).

In the US, demands are made by REAL economists, that the money be distributed to the Treasury Department of Government(not banks)!

Money is created artificially by banks(fractional reserve lending), numbers transferred from computer to computer, credit(and debit) cards. Which is 10 to 50 times, more than real money/goods in circulation. Creating and inflating the commercial banks assets, and profiting unfairly from the process altogether. The printed money serves as back-up, just in case... Why the insistence that we go electronic/ eft. Theoretical money enables the banks to create more fresh air money, plus bank/admin charges. Dont think that R1000 in the bank, equals R1000 cash on hand. It has the same buying power, but is not necessarily the same!