What happened to the 100% state owned Central Bank of Libya a year after the takeover mission started ? Looking back to an article dated almost a year agoreposted from here it seems beyond doubt that the mission was accomplished.
Gaddafi was butchered, his nation's assets stripped, and the revolutionaries became the new central bankers as planned at the very early stage exchanging real assets for a fistful of fiat interest bearing currencies amidst a social catastrophy and national dissintegration.
After the takeover of the CBL, very few central banks remain national (state owned) and independent including the Syrian, the North Korean.( for central banks map here not including )
Globalists Target 100% State Owned Central Bank of Libya
Mar 28, 2011Eric V. Encina writes: One seldom mentioned fact by western politicians and media pundits: the Central Bank of Libya is 100% State Owned. The world’s globalist financiers and market manipulators do not like it and would continue to their on-going effort to dethrone Muammar Muhammad al-Gaddafi, bringing an end to Libya as independent nation.
Currently, the Libyan government creates its own money, the Libyan Dinar, through the facilities of its own central bank. Few can argue that Libya is a sovereign nation with its own great resources, able to sustain its own economic destiny. One major problem for globalist banking cartels is that in order to do business with Libya, they must go through the Libyan Central Bank and its national currency, a place where they have absolutely zero dominion or power-broking ability. Hence, taking down the Central Bank of Libya (CBL) may not appear in the speeches of Obama, Cameron and Sarkozy but this is certainly at the top of the globalist agenda for absorbing Libya into its hive of compliant nations.
When the smoke eventually clears from all the cruise missiles and cluster bombs, you will see the Allied reformers move in to reform Libya’s monetary system, pumping it full of worthless dollars, priming it for a series of chaotic inflationary cycles.
GLOBALIST TARGET: The Central Bank of Libya offices in Tripoli.
The CBL is currently a 100% state owned entity and represents the monetary authority in The Great Socialist People’s Libyan Arab Jamahiriya. The financial structure and general operation procedures of a state bank is of course much different than that of an American or European based central bank.
For starters it is not privately owned, for-profit bank with a undisclosed list of private shareholders like the US Federal Reserve and the Bank of England are. Libyan constitutional law establishing the CBL stipulates that its central bank maintains monetary stability in Libya and promotes sustained growth of its national economy. Libya also holds more bullion as a proportion of gross domestic product than any country except Lebanon, according to the London-based World Gold Council using January data from the International Monetary Fund. The value of gold is based on the March 25 close of $1,429.74 an ounce.Will this gold remain in Libya once Allied forces have taken control of Tripoli, or will it lost, or exchanged for pallets upon pallets of paper aka US dollars?
For starters it is not privately owned, for-profit bank with a undisclosed list of private shareholders like the US Federal Reserve and the Bank of England are. Libyan constitutional law establishing the CBL stipulates that its central bank maintains monetary stability in Libya and promotes sustained growth of its national economy. Libya also holds more bullion as a proportion of gross domestic product than any country except Lebanon, according to the London-based World Gold Council using January data from the International Monetary Fund. The value of gold is based on the March 25 close of $1,429.74 an ounce.Will this gold remain in Libya once Allied forces have taken control of Tripoli, or will it lost, or exchanged for pallets upon pallets of paper aka US dollars?
FOLDING LIBYA INTO THE NEW WORLD ORDER
In the Libyan banking charter, one of the primary mandates will be that it is regulating the quantity, quality and cost of credit to meet the requirements of economic growth and monetary stability. This of course, is the very opposite role which privately owned central banks play elsewhere in the world. Private central banks elsewhere create inflation, periodically inflating bubbles by design and then popping them in order to transfer large sums of wealth out of lower and middle class hands and into the hands of the financial elites.It is becoming easy to diagnose the very root-causes of chaos in the Middle East and the ongoing war-attacks against Libya. Finance, oil, militarization & imperialism, globalization- all of these comprise a running agenda for the New World Order. Egypt and Tunisia have both fallen to interim military dictatorships and have been hooked with billions in cheap loans from the European Bank for Reconstruction and Development (EBRD) and the World Bank.
Any country or nation that is running against the grain of this agenda- going against the orthodoxies of the New World Order, will eventually be flagged and brought to heal by way of military hammer. Regular acts of war against these non-globalist nation states are designed to humiliate, degrade and compromise international human rights- a condition that has become embarrassing to the world at large.
CANADIAN PUPPET DESIGNATED AS LEADER FOR NATO’S LIBYAN OPERATION
Most observers would claim that Canada is neutral in the Libyan conflict. But on this occasion, it’s been the consensus of the world axis of greedy powers that Canada will be running the front-of-house for their intervention in Libya’s civil chaos. With respect to Honourable Canadian leaders and officials,Canada’s participation in this particular war and in the cover-up for Obama in Libya is too adroit for the sake of profits and taking over resources in that particular region of the world .[...]
NATO'S FALL GUY:
Lt. Canadian General Charles Bouchard will be running the Libyan shop floor for the US, UK and France.
If the Western based foreign policies continued to be war-based, bent on controlling the world’s resources, there seems to be no worse future for mankind.
One big reason for the Western assault on Libya: Libya owns and issues its own money.
Editor Patrick Henningsen
reserve data center of LCB damaged...
Reasons of The Banking Systems Stops
Central Bank of Libya's Clarification on the banking systems stops during the period from
21/01/2012 to 01/23/2012
Banking system that works in the commercial banks in Libya (Al-Jomhuria, National Commercial bank, Al-Wehda, Bank of North Africa) is a system developed and uses sensitive electronic equipments, these equipments has been affected (computers, energy feeders, and communication networks) as a result of the continued interruptions in power during the events of February Revolution
As a result of these interruptions the system becomes prone to stop working at any moment and at the lowest fault in the energy system, and which increased the severity of this problem is the damage of the reserve data center becouse of the war actions , as this cente has been designed to run the banking system in case of any emergency at the data provider center in Tripoli, which led to the suspension system during the period from 21.01.2012 to 23.01.2012
As after the liberation of Tripoli Central Bank of Libya has run the system in spite of lack of access to spare parts or get a technical support from manufacturers during the siege of Tripoli, and as a result of sanctions imposed, and the continued lack of access to technical support from manufacturers who were not able to enter the country because of security implications, and the spread of arms and the events that became the focus of attention of the world, have contributed to the global media as a result of amplification in some of the incidents in Libya causing the reluctance of some companies to come to Libya.
and we would like to point out that the banking system used in Libya is one of the best international systems and are used in many banks in developed countries
In this appeal to the people of Libya Liberals heading for all of us to build a new Libya, and to combine their efforts to service this beloved homeland (Libya) away from the manifestations of the weapon and the use of violence, and urge you all to the language of the law to keep our country safe and secured , GOD welling, Libya needs now to all the efforts to address the legacy the negative aspects of the past decade, the banking sector and the workers are making all efforts to develop the sector and keep up with what the world is witnessing the advanced technology for better services to customers of banks.
Syria central bank to defend pound
Published: Feb 7, 2012 01:43 Updated: Feb 7, 2012 01:43
KUWAIT CITY: Syria's central bank will intervene to prop up its currency — which has plunged under the mounting pressure of sanctions and violence — and has the reserves to back that strategy, Kuwaiti state news agency KUNA cited Gov. Adib Mayaleh as saying on Monday.
Mayaleh said the black market exchange rate, which last month hit a record low of about 70 to the dollar, reflected attempts to destabilize Syria, where President Bashar Assad is trying to crush an 11-month-old uprising against his rule, the agency reported.
"The exchange rate in the parallel market is fictional, and its goal is to provoke fear and panic among citizens," KUNA quoted him as saying, adding that the bank would be intervening in that market within one week.
"The bank's foreign currency reserves are good, sound. The exchange rate will return to normal after positive intervention and injecting forex to make up for shortfalls...to allow banks to fund imports at normal prices."
He did not elaborate on the level of reserves.
Black market currency traders said last month the fall in the pound — which is quoted officially at 58 to the dollar — was beginning to be reflected in the prices of commodities in Syria.
Syria kept the official exchange rate close to 50 to the dollar for the first several months of the uprising, which now features an armed insurgency in several regions of the country.
The Financial Times last month said Mayaleh had plans to allow the currency to depreciate more gradually and give banks some latitude in the rate they use for forex transactions, but would still maintain controls on the rate for imports of staple goods and personal use.
financial carpet bombing underway...
Feb 24 (Reuters) - The European Union will freeze the assets of Syria's central bank from Feb. 27 as part of a package of tighter sanctions aimed at stopping a crackdown on the opposition, French Foreign Minister Alain Juppe said on Friday.
"Starting from Monday, we will take new strong measures, notably a freezing of the assets of the Syrian central bank," Juppe told a meeting of the "Friends of Syria" group in Tunisia.
....Over 40.000 NATO backed armed insurgents massed in a military staging area in Jordan, along the Syrian border. Approximately 18.000 of these men are under the command of Libyan Al Qaeda commander and long-standing NATO ally Abdelhakim Belhadj. (11) Turkey, is hosting the “National Council of Syria” (NCS) which demands from “the International Community“ to be endorsed as the “sole representative of the people of Syria”....
more here on the military preparations
....on 26 February the people of Syria will hold a referendum about the new Syrian Constitution. A referendum that will most likely be the point where the masses of NATO mercenaries in Jordan and Turkey will be given the “go” for an assault on Syria. Massive unrests and violence on the 26th may be the excuse NATO is creating....continues here
relevant reading here
the blueprint of the white race for the "Africans" of this planet by Minister Farrakhan exposing the U.S. and NATO's criminal War Libya and Africa during a June 15, 2011 Press Conference at the UN Plaza Hotel opposite the UN HQ....
Also presenting were former U.S. Attorney General Ramsey Clark, Human Rights Activist Viola Plummer and International Actitivst Cynthia McKinney.
the blueprint of the white race for the "Africans" of this planet by Minister Farrakhan exposing the U.S. and NATO's criminal War Libya and Africa during a June 15, 2011 Press Conference at the UN Plaza Hotel opposite the UN HQ....
Also presenting were former U.S. Attorney General Ramsey Clark, Human Rights Activist Viola Plummer and International Actitivst Cynthia McKinney.
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