DIGITAL ID, CBDC'S - CATHERINE AUSTIN FITTS WARNS ABOUT A DARKER GOAL
Digital ID, CBDCs aim to enslave. They're slavers seeking control over land, gold, and the kids.
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Digital ID, CBDCs aim to enslave. They're slavers seeking control over land, gold, and the kids.
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SWIFT planning launch of new central bank digital currency platform in 12-24 months
The World Economic Forum claims, in a new report, that 98 percent of the worldâs central banks have agreed to implement the globalistsâ long-awaited dream of a cashless society.
Most central banks, such as the U.S. Federal Reserve, are quasi-government institutions owned privately by billionaire bankers.
And the WEF is not the first to reveal the plans of the globalist elite, which have been preparing for years to eliminate paper fiat currencies. But this latest report indicates the grand plan is now very close to being realized, perhaps just awaiting a triggering event â a Black Swan event of some type â before making the switch to âdigital cash.â
Continued at link.
This will lead to tracking and surveillance like weâve never seen.
The House passed a bill Thursday barring the Federal Reserve from issuing a central bank digital currency (CBDC) unless it has explicit authorization from Congress.
The CBDC Anti-Surveillance State Act passed the chamber by a 216-192 vote, almost entirely along partisan lines.
The move is largely symbolic, as the Fed has not put forward plans to issue a CBDC and has repeatedly emphasized that it would not move forward without congressional approval.
Even so, Republicans, including former President Trump, have voiced concerns about potential government misuse of a CBDC.
A CBDC is a digital version of a currency issued by a central bank. In the U.S., this would entail the Fed issuing a digital dollar that could be used the same way as a regular dollar.
House Majority Whip Tom Emmer (R-Minn.), who introduced the legislation, has argued that a digital dollar âcould give the federal government the ability to surveil Americansâ transactions and choke out politically unpopular activity.â
Emmerâs views on the issue track closely with those of Trump, who has vowed to block the creation of a CBDC if reelected.
âAs your president, I will never allow the creation of a central bank digital currency,â Trump, who is now the presumptive GOP nominee, said at a rally in New Hampshire in January.
âSuch a currency would give a federal government, our federal government, the absolute control over your money,â he added at the time. âThey could take your money. You wouldnât even know it was gone. This would be a dangerous threat to freedom.â
However, Rep. Maxine Waters (D-Calif.), ranking member of the House Financial Services Committee, argued on the House floor Thursday that banning CBDCs âdirectly threatens the primacy of the U.S. dollar.â
âThere is nothing inherent about a CBDC that would compromise privacy â that is a design feature that is within our control,â she added. âThis bill is, instead, an attempt to stifle U.S. innovation and competitiveness abroad, and to undermine the federal agency that is the most critical to fighting inflation.â
Catherine Austin-Fitts exposing the banking coup and race towards Digital ID & digital currency worldwide.
Over 10,000 Swedish kronor ($1,000) had been siphoned from Ellen Bagley's account and the thieves disappeared into the digital shadows.
Although financial crime has garnered fewer headlines than a surge in gang-related gun violence, itâs become a growing risk for the country. Beyond its borders, Sweden is an important test case on fighting cashless crime because itâs gone further on ditching paper money than almost any other country in Europe.
âIâve heard from so many others who have told me âIâve also been scammed and felt so alone and ashamedâ,â she said.
âChina is proposing a national digital ID in three forms: an alphanumeric identifier, an ID certificate, and online credentials,â says Jain. âThis approach is similar to other countries like Estonia, which uses eID, Smart ID and Mobile ID. However, it differs slightly from Indiaâs system, which was built for a similar population size, where Aadhaar serves as a numeric identifier and a card. For online transactions, Aadhaar relies on one-time passwords sent to registered cellphones, enhancing its security.â
Xi Jinpingâs government says scheme will protect privacy but record suggests otherwise
China is planning the launch of a national digital ID, and in a sense it is surprising that it has taken this long. Beijingâs tight control on the media and robust public surveillance state are no secret. Beyond the notorious Great Firewall, Chinese internet users already have to provide an ID and phone number to register for popular platforms such as WeChat and Weibo. While the government says a digital identity system would protect online privacy, there are many who believe digital ID would only tighten and centralize the governmentâs control over people and their data.
Donald Trump says "we're embracing the future with crypto and leaving the slow and outdated big banks behind."
Kuwait is mandating a biometric registration process for citizens and expatriates. Those who fail to register their fingerprints by the set deadlines will face consequences such as suspended government services and frozen bank accounts.
It is claimed that the reasons for enforcing the registration of digital biometrics are to enhance security and address dual nationality issues. However, this initiative aligns with global trends in biometrics and the sharing of our data with selected agencies.
Itâs no coincidence that at the same time, the United Nations is pushing for a Global Digital Compact to be adopted by 193 countries so it can play a significant role in the global governance of artificial intelligence, the Internet, digital public goods and digital infrastructure.
Kuwait is preparing to suspend government services for people who fail to register their fingerprints by the set deadlines, 30 September 2024, for Kuwaitis and 30 December 2024, for expatriates
There are approximately 175,000 citizens and 800,000 expats who still need to complete the biometric registration process. The Central Bank of Kuwait has directed banks to implement measures like suspension of electronic channels, blocking of bank cards, and eventually freezing accounts for those who do not comply with the registration requirements. This will also affect financial assets like shares, funds and investment portfolios.
If people do not meet the fingerprinting deadline, their electronic banking channels will be disabled, bank cards will be blocked and their accounts will be frozen. However, deductions for loans and mortgages will continue. While travel rights will not be affected, illegal residents crossing the border will be required to submit fingerprint registrations.
Whitney Webb unpacks the use of crises by the elite to usher in reforms of our society. Wars, pandemics, cyber pandemics, banking crises, are all examples of distracting events that allow broad social controls to be implemented.
by tts-admin | Oct 6, 2024 | 9 comments
âThe greatest tyrannies are always perpetrated in the name of the noblest causes.ââThomas Paine
The government wants your money.
It will beg, steal or borrow if necessary, but it wants your money any way it can get it.
The governmentâs schemes to swindle, cheat, scam, and generally defraud taxpayers of their hard-earned dollars have run the gamut from wasteful pork barrel legislation, cronyism and graft to asset forfeiture, costly stimulus packages, and a national security complex that continues to undermine our freedoms while failing to making us any safer.
Americans have also been made to pay through the nose for the governmentâs endless wars, subsidization of foreign nations, military empire, welfare state, roads to nowhere, bloated workforce, secret agencies, fusion centers, private prisons, biometric databases, invasive technologies, arsenal of weapons, and every other budgetary line item that is contributing to the fast-growing wealth of the corporate elite at the expense of those who are barely making ends meetâthat is, we the taxpayers.
This is what comes of those $1.2 trillion spending bills: someoneâs got to foot the bill.
Because the governmentâs voracious appetite for money, power and control has grown out of control, its agents have devised other means of funding its excesses and adding to its largesse through taxes disguised as fines, taxes disguised as fees, and taxes disguised as tolls, tickets and penalties.
No matter how much money the government pulls in, itâs never enough (case in point: the endless stopgap funding deals and constant ratcheting up of the debt ceiling), so the government has to keep introducing new plans to empower its agents to seize Americansâ bank accounts.
Make way for the digital dollar.
Whether itâs the central bank digital currency favored by President Biden, or the cryptocurrency being hawked by former President Trump, the end result will still be a form of digital money that makes it easier to track, control and punish the citizenry.