Libya All About Oil, Or Central Banking?

Central Bank of Libya in Tripoli / Wikimedia Commons*

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”     Ellen Brown


By Ellen Brown
www.informationclearinghouse.info

April 13, 2011 “Asia Times” – -Several writers have noted the odd fact that the Libyan rebels took time out from their rebellion in March to create their own central bank– this before they even had a government. Robert Wenzel wrote in the Economic Policy Journal:

I have never before heard of a central bank being created in just a matter of weeks out of a popular uprising. This suggests we have a bit more than a rag tag bunch of rebels running around and that there are some pretty sophisticated influences.

Alex Newman wrote in the New American:

In a statement released last week, the rebels reported on the results of a meeting held on March 19. Among other things, the supposed rag-tag revolutionaries announced the “[d]esignation of the Central Bank of Benghazi as a monetary authority competent in monetary policies in Libya and appointment of a Governor to the Central Bank of Libya, with a temporary headquarters in Benghazi.”

Newman quoted CNBC senior editor John Carney, who asked, “Is this the first time a revolutionary group has created a central bank while it is still in the midst of fighting the entrenched political power? It certainly seems to indicate how extraordinarily powerful central bankers have become in our era.”     Complete article here.

Ellen Brown is an attorney and president of the Public Banking Institute, http://PublicBankingInstitute.org. In Web of Debt, her latest of eleven books, she shows how a private cartel has usurped the power to create money from the people themselves, and how we the people can get it back. Her websites are http://webofdebt.com and http://ellenbrown.com.

(Copyright Ellen Brown 2011)

*Image credit:

The Central Bank of Libya offices in Tripoli, by Alfred Diem
Date:  18 October 2010
Source:  http://www.flickr.com/photos/alfreddiem/5129677874/in/photostream/

This file is licensed under the Creative Commons Attribution 2.0 Generic license.

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One thought on “Libya All About Oil, Or Central Banking?

  1. Thank you for the link to Ellen Brown’s article – Libya all about oil, or central banking?

    In her article, there is a mention of an interview from Democracy Now with General Wesley Clark. The article states:

    ”Another provocative bit of data circulating on the Net is a 2007 “Democracy Now” interview of US General Wesley Clark (Ret). In it he says that about 10 days after September 11, 2001, he was told by a general that the decision had been made to go to war with Iraq. Clark was surprised and asked why. “I don’t know!” was the response. “I guess they don’t know what else to do!” Later, the same general said they planned to take out seven countries in five years: Iraq, Syria, Lebanon, Libya, Somalia, Sudan, and Iran. What do these seven countries have in common? In the context of banking, one that sticks out is that none of them is listed among the 56 member banks of the Bank for International Settlements (BIS). That evidently puts them outside the long regulatory arm of the central bankers’ central bank in Switzerland.”

    This part of the interview can be viewed on youtube. Here is the link:

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