My Complaint Against the ECB at the German Federal Cartel Office is Making Certain People Nervous and Hostile, Let’s Add Some More Details to this Investigation
By Koen Jacobs for Op V
If you don’t know what this is all about, read this first: Violations of the German Competition Act (GWB) by the European Central Bank (ECB).
Here are some of the dozens of messages I’ve received in the past 12 hours, after publishing the above report/complaint:
Danny: “It’s retarded shit like this that will have us lose our war on the NWO. Get your facts straight looser [sic] — the Rothschilds are the PEDOS that you should be exposang [sic]”
Qsoldier007: “[…] got it all wrong bro, Fink is on Trump’s side #MAGA2020”
Dirk VdW.: “You have no clue what you are talking about, stop wasting our time with your bullshit (((Jacobs)))!!!”
Michael K.: “Aren’t you getting paranoid?”
BlackRock and the ECB
About the Rothschilds, their days of glory are melting away as fast as BlackRock is expanding its global empire. The Rothschilds of days gone by no longer wield the power like they used to. BlackRock is all over the place, dwarfing ANY investment or asset management fund you can name and also their collusion with the ECB proves this.
Let’s first look at one of their key persons: Thomas Donilon, chairman of the BlackRock Investment Institute, who had several secret, high-level meetings with neo-revisionist zionist Benjamin Netanyahu.
“He served as National Security Advisor to President Barack Obama. In that capacity Mr. Donilon oversaw the U.S. National Security Council staff, chaired the cabinet level National Security Principals Committee, provided the president’s daily national security briefing, and was responsible for the coordination and integration of the administration’s foreign policy, intelligence, and military efforts.
Donilon also oversaw the White House’s international economics, cybersecurity, and international energy efforts.
[cybersecurity – the internet “jungle”, Netanhayhu’s favorite theater of war]
Mr. Donilon served as the President’s personal emissary to a number of world leaders, including President Hu Jintao and President Xi Jinping, President Vladimir Putin, King Abdullah of Saudi Arabia, and Prime Minister Netanyahu.
Mr. Donilon chaired the Presidential Commission to Enhance National Cybersecurity. Mr. Donilon is a distinguished fellow at the Council on Foreign Relations
He has been a member of the U.S. Defense Policy Board and the Central Intelligence Agency’s External Advisory Board.
Mr. Donilon is among the nation’s most experienced policy and presidential advisors. He has worked closely with and advised three U.S. presidents since his first position at the White House in 1977, working with President Carter.
[During the second day of the July 2-5, 1979 Jerusalem Conference on International Terrorism, organized by Benjamin Netanyahu and his father Benzion, US President Carter “signed the first directive for secret aid to the opponents of the pro-Soviet regime in Kabul,” in the States. Clearly, Carter’s administration immediately subscribed to the narratives that were being spouted by the Netanyahus at the Jerusalem ‘conference’.]
Mr. Donilon has received the Secretary of State’s Distinguished Service Award, the National Intelligence Distinguished Public Service Medal, the Department of Defense Medal for Distinguished Public Service, the Chairman of the Joint Chiefs of Staff Joint Distinguished Civilian Service Award, and the CIA’s Director’s Award.”
Only because of Donilon alone, so not even considering all the rest that is going on, the ECB’s close ties with BlackRock are suspicious at best.
Here’s what Wolf Street wrote about BlackRock in 2018:
“This year, the ECB has again called on the assistance of the world’s largest asset management fund, BlackRock, to conduct its health check of Europe’s banking sector. The stress tests are being spearheaded by the European Banking Authority (EBA), which tests the region’s systemic banks, while the ECB focuses its attention on smaller lenders, such as Banco Popular.
This is not the first time the ECB has turned to BlackRock for advisory support. In 2014, the central bank hired BlackRock Solutions, an advisory unit of BlackRock, to provide advice on the design and implementation of the central bank’s upcoming purchase of asset-backed securities. In other words, just before the ECB embarked on one of the biggest QE programs in world history, it sought the advice of the world’s largest asset manager – i.e. the company most invested in the assets it intended to buy.
[…] the advisory services BlackRock provides to the ECB, as well as the national central banks of the Netherlands, Spain, Ireland, Cyprus and Greece, have a much more enticing perk than petty cash: information.
Through the contracts awarded to BlackRock Solutions, BlackRock, the parent company has potential access to privileged information that can help it make highly profitable investment decisions. On behalf of its clients, BlackRock holds huge blocks of shares in many, if not all, of the banks that its consulting arm is helping to audit.
Few, if any, market players have such intimate knowledge of the true state of European banks’ balance sheets. This inherent conflict of interest was first highlighted by U.S. Senator Charles E. Grassley in 2009, when BlackRock was helping the Federal Reserve out with its QE program and the U.S. government with the complex rescues of Bear Stearns, AIG, and Citigroup.
[…] BlackRock has always claimed that it carefully manages its potential conflicts of interest through a “Chinese Wall” that separates the company’s advisory business from its asset-management business. However, as the advocacy group BlackRock Transparency points out, an analysis of BlackRock statements, marketing materials, and executive profiles suggest that the company’s assurances may have little weight in practice.
As early as 2006, BlackRock Solutions aggressively touted its “close ties between our investment and non-investment activities” as an “important driver of our long-term success” (page 6). Marketing materials boast of the company’s “One BlackRock culture, which emphasizes partnership across functions, communications, transparency, consistent standards and teamwork.”
BlackRock’s aggressive lobbying have sparked fears that the fund house exerts too much influence on public policy. Even some of BlackRock’s own investors are beginning to have reservations. Last year, almost one-fifth of the firm’s shareholders backed a proposal, calling on BlackRock to provide an annual breakdown of its global lobbying spend.
But it may already be too late to address the problem. “The sheer size of BlackRock creates a market power that no state can control anymore,” said Michael Theurer, member of the German parliament”
Even the European Parliament recognized the signs of collusion in 2014, although it was not stated in such words:
“The European Central Bank (ECB) has called in US company BlackRock to get its asset-backed securities (ABS) purchase programme ready to launch. BlackRock Solutions, a unit of the main company, is to assist the ECB with the design and implementation of the programme, which will be a first in the eurozone. In the agreement it has signed with the bank, it has undertaken to put in place a ‘Chinese wall’ between its staff teams working on the ECB programme and those engaged in ABS trading. The idea is to prevent conflicts of interest, BlackRock being one of the biggest investors in ABS in Europe. Does the Commission consider it proper that a US company which is among the biggest investors in ABS in Europe should be in charge of monitoring ABS in the eurozone?”
Here’s what the European Commission said in a response:
“The design and implementation of monetary policy decisions in the euro area, including in relation to ABS-purchase schemes by the ECB, are the exclusive competence of the ECB (Article 130 TFEU) and the Commission does not comment on such decisions in order to respect this principle fully.“
In other words, back off, shut up and bend over. BlackRock and the ECB are, according to the European Commission, untouchable and no one should try to change that………………..
That’s how transparent the ECB en the EU really are. Everything has to be secret and the public is not involved in any decision making at all. Those supporting this criminal EU cartel are part of the problem and EU groupies better realize that… TODAY!
Here’s the Financial Times, July 26, 2019:
Earlier this week BlackRock executive Rick Rieder urged the European Central Bank to stimulate the eurozone economy by printing money and using it to buy equities.
[…] The ECB has also long been incredibly dovish: it has provided more than €2tn of quantitative easing, negative interest rates, endless cheap loans and lots of forward guidance making it clear that this will go on and on and on.
So what’s the concern? First of all there is something markedly unattractive about seeing BlackRock, the world’s largest asset manager, suggesting that a central bank adopt a policy specifically designed to push up equity prices.
But the naked self-interest isn’t the main issue here. Nor is the fact that buying equities is unlikely to be of much use.
[…] Global elites have a full-on meltdown every time the UK opposition leader Jeremy Corbyn suggests some kind of “people’s QE” or nationalising a couple of utility companies. Yet when BlackRock says this no one blinks.
In other words, BlackRock and the ECB are purposely hollowing out the European member states their economies so that BlackRock can buy everything up. Who knows, at this point, what the secret deals between BlackRock vultures and corrupt ECB officials really are promising to both – or more – involved parties? That’s exactly what the German Federal Cartel Office (Bundeskartellamt) also MUST investigate.