Analyst's note: We have two articles in this analysis for your reading "pleasure" that show some of the issues caused by the secret world of the international banking cartel. This time the problem quickly arose with attempted central banking in morally corrupted Afghanistan as allies of President Karzi choose to "invest" in Dubai real estate.
The "poor babies" in Afghanistan fear a wider economic collapse. Could they be considered "too big to fail" by some who call themselves American's? And yes, the American taxpayers are being asked to bail them out. Kabul Bankers only followed the rules of the secret world of central banking, so of course they expect a "bailout" -- and who better than America -- and our 'Federal Reserve" -- to foot the bill for their stealth jihad against us.
We must watch our federal gov't on this one. Too bad we don't have the necessary insight into "The Federal Reserve." Our own central bank known as "The Federal Reserve" is another issue. They are not federal and they have no reserve other than to print more money created out of nothing. The American taxpayer is impacted with yet more inflation.
I remember from my childhood something about "What a web we weave when we first attempt to deceive." Maybe it is just me, but somehow I think that old principle applies here.
If you find you want to understand more, I also recommend the book, "The Creature from Jekyll Island" by Edward Griffin that reads like any good thriller. I consider it the most important book on world affairs and the national security of the United States you will ever read. It very clearly answers the question, "What is the Federal Reserve System. You will start by learning that it is NOT federal and there are NO reserves. Further the Federal Reserve Banks are NOT even banks. Here is Mr. Griffin explaining the international banking cartel -- the American group is known to the world as the Federal Reserve.
Mr. Griffin explains the FEDERAL RESERVE - a total money scam in this video
In The Wall Street Journal we find:
"[....]In Afghanistan, investors in Kabul Bank are counting on U.S. support to stem a run on the country’s largest bank.
“America could support Kabul Bank to the last penny,’’ Mahmood Karzai, the Afghan president’s brother and largest bank investor, said in a WSJ interview. “The full faith and credit of the U.S. government behind the Kabul Bank–what more could you want?”
And why shouldn’t the Kabul Bank expect a bailout? Washington provided $700 billion to rescue U.S. financial institutions in 2008. The FDIC has estimated it could cost an additional $100 billion to cover the costs of banks that have failed since the global financial crisis.
[....] The Even though the vast majority of Afghans don’t have their money in banks, Kabul Bank is the banker to the country’s government workers, including its soldiers, who are crucial to the U.S. effort to beat back the Taliban.[....]"
Additional insight is gained from The New York Times:
"KABUL, Afghanistan — In a bid to fend off the threat of a nationwide financial crisis, [....]
Officials said the Afghan government had not decided whether it needed to bail out the bank. But the Afghan Central Bank has pulled in funds from abroad, including $300 million that had been held in the United States Federal Reserve Bank, to have money on hand to guarantee the bank’s liquidity, American officials said.
A small team of advisers from the United States Treasury Department was in Kabul providing technical assistance, but American officials said no United States funds would be involved in the effort to rescue the bank.
The panic began last week when the Central Bank ousted the bank’s chairman and the chief executive officer, after discovering that the bank had lent hundreds of millions of dollars to allies of President Hamid Karzai and poured money into risky real estate investments in Dubai.
The crisis threatened to undermine confidence in Afghanistan’s fledgling financial system, which was built under American guidance after the collapse of the Taliban government in 2001. Among the clients of the bank is the government, which pays the salaries of about 250,000 public employees through the bank, including those of security officials and the military. [....]"
