Thanks to Thomas for alerting me to this one. It is essentially what most some might consider an entire article by David. I'm placing my own highlights below.
"Now it appears that the massive equity in the Collateral Accounts is going to be used to create an alternative financial system that will dwarf the IMF and World Bank in size, with the full backing of BRICS and other allies. This will be a gold and commodity-backed currency. Once people start using this for international trade instead of the dollar, it's curtains for the FRN.
"Also, perhaps the single biggest reason we haven't seen arrests yet is the Cabal will destroy the financial system and thus take the planet down with them. There has been an urgent need all along to figure out "how to pay for it" once the hammer comes down. That's why this new bank is so significant. The Cabal knows they're out of time.
"It also appears the US is in position to make a switch from Federal Reserve notes to Treasury notes... All money actually held in the bank would just convert from FRNs to TNs with no devaluation whatsoever. This move would convert the "black cash" held by criminals, drug dealers, et cetera into worthless paper and also eliminate what is apparently a massive problem with Iranian counterfeit, of very high quality. Apparently 2/3rds of all 100s in circulation are Iranian counterfeit bills and it's a huge problem.
"The latest gossip I've heard is that the FRN to TN conversion will not involve any devaluation — at least for those with their money in the bank. I am not sure about any of this — it's only what various credible sources are reporting.
"The "left versus right" paradigm is ridiculous, and was a corporate manipulation from the beginning. As I've said before it's basically Town vs. Country — an archetype that is very ancient and undoubtedly plays out in many societies all throughout time and space."
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Comment by dwilcock on June 3, 2014 @ 2:23 am
It's quite a challenge to stay focused and positive in the midst of all these sweeping changes. There are so many stories intersecting at the same time that it's difficult to track them all.
In case you didn't see this yet there was a major revelation about the government being able to drive your car by remote control if it was made in 2008 or after. They didn't get into technical details of when this started, but remote-control car hacking was demonstrated in a Motherboard video that went viral on the front page of Digg.com:
http://www.divinecosmos.com/index.php/start-here/davids-blog/1163-white-hats-car-hacking
There's much more that needs to be / should be covered. It appeared the US was going to be forced to sign a massive deal to reform the global financial system as of April 10-11th but they refused. The problem, then, was that there was no means to immediately force them to change their minds. Instead, the response is taking more time. Perhaps the Alliance didn't expect such a blatant move.
Now it appears that the massive equity in the Collateral Accounts is going to be used to create an alternative financial system that will dwarf the IMF and World Bank in size, with the full backing of BRICS and other allies. This will be a gold and commodity-backed currency. Once people start using this for international trade instead of the dollar, it's curtains for the FRN.
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