John Truman Wolfe, 2012 Global monetary takeover - A crisis by design Coast to Coast AM

source : www.coasttocoastam.com
John Truman Wolfe as the former Chairman of the Department of History at John F. Kennedy University and as a senior credit officer for two California banks: one in the San Francisco Bay Area, the other in Beverly Hills, John Truman Wolfe has been no stranger to the world of international finance. He is also the co-founder of a Los Angeles based business management company, where, as a registered investment advisor, he oversaw the financial and investment matters of some of the biggest names in Hollywood. Author and ex-banker John Truman Wolfe argued that the current world economic crisis is an international coup designed to take down the U.S. dollar and install a global financial machine. He named the Global Monetary Authority (GMA) as a "financial dictator of the planet" and the Bank for International Settlements (BIS) in Switzerland-- as the central bank for such entities as the Federal Reserve, Bank of England, and Bank of Japan. In fact, "all 55 central banks on the planet are members of and junior to the Bank of International Settlements," which he described as being above the law.

The idea of the amero replacing the dollar is a "red herring," said Wolfe-- "the global currency that is being rolled out as we speak is the SDR," a fiat currency of the International Monetary Fund. "The simple fact of the matter is that the fiscal economy of the United States has been dished off to a bunch of bankers in Basel, Switzerland," he declared. Their plan is to reduce the size of the US economy and remove the dollar as the world's reserve currency, he continued.

Further, the current crisis in such EU countries as Greece was planned so that the bankers can 'come to the rescue' and push for more international control mechanisms, he said. To counteract the international bankers, Wolfe suggested taking back the printing of money from the Federal Reserve (whom he called "fiscal vampires") and backing US currency with actual products and real estate. He also called for oversight of international banking organizations and their regulations.