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Fearing that the BIS would be dissolved by President Franklin Delano
Roosevelt, Keynes went to Morgenthau hoping to prevent the dissolution, or have
it postponed, but the next day the dissolution of the BIS was approved. However,
the liquidation of the bank was never actually undertaken.[8] In April 1945, the
new U.S. president Harry S. Truman and the British government suspended the
dissolution, and the decision to liquidate the BIS was officially reversed in
1948.[9]
One strongly suspects that Roosevelt was assassinated because of this. Cui
Bono. Ditto Kennedy, who opposed the Federal Reserve, an unconstitutional
abomination, with his famous executive order 11110. Again that was quietly
forgotten about after the events in Dallas. One must always analyse subsequent
events to understand who benefited from these atrocities... The BIS has the right to communicate in code and to send and
receive correspondence in bags covered by the same protection as embassies,
meaning they cannot be opened. The BIS is exempt from Swiss
taxes. Its employees do not have to pay income tax on their salaries, which are
usually generous, designed to compete with the private sector. The general man-
ager’s salary in 2011 was 763,930 Swiss francs, while head of departments were
paid 587,640 per annum, plus generous allowances. The bank’s extraordinary legal
privileges also extend to its staff and directors. Senior managers enjoy a
special status, similar to that of diplomats, while carrying out their duties in
Switzerland, which means their bags cannot be searched (unless there is evidence
of a blatant criminal act), and their papers are inviolable. The central bank
governors traveling to Basel for the bimonthly meetings enjoy the same status
while in Switzerland. All bank officials are immune under Swiss law, for life,
for all the acts carried out during the discharge of their duties. The bank is a
popular place to work and not just because of the salaries. Around six hundred
staff come from over fifty countries. The atmosphere is multi-national and
cosmopolitan, albeit very Swiss, emphasizing the bank’s hierarchy. Like many of
those working for the UN or the IMF, some of the staff of the BIS, especially
senior management, are driven by a sense of mission, that they are working for a
higher, even celestial purpose and so are immune from normal considerations of
accountability and transparency....The Bank for International Settlements (BIS), is the bank for central banks. Its current members [ZH: as of 2013] include Ben Bernanke, the chairman of the US Federal Reserve; Sir Mervyn King, the governor of the Bank of England; Mario Draghi, of the European Central Bank; Zhou Xiaochuan of the Bank of China; and the central bank governors of Germany, France, Italy, Sweden, Canada, India, and Brazil. Jaime Caruana, a former governor of the Bank of Spain, the BIS’s general manager, joins them.
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