- "...developing more efficient Public-Private-Partnership (PPP) models will be ...targets...",
- International Tax System,
- Climate Change Finance (improve collaboration, dialogue, and cooperation between the climate funds),
- "...for a number of work streams within the G20 including financial regulation, international tax, and international financial architecture, words have played their part. 2015 will be the time for the deeds and the year of implementation (G20's emphasis, not mine)."
Therefore, it appears the U.S. citizens are being mandated among other things, to pay international taxes to support private businesses (globally), including contributions to green global private businesses, and whatever decisions made by G20, including FSB's financial regulations in the U.S. banking system accepted on our behalf by President Obama.
Moreover, as a result of the G20 summit this past November 2014, new G20 rules have been put into place. It's my understanding that there are 5 big derivatives banks holding over $50 trillion in oil derivatives, which oil producers buy to protect their price they're betting on.The Omnibus Budget Act will cover 5% of the derivatives loss, which Ellen Brown (http://ellenbrown.com/ ) says doesn't sound like much, but it's about $14 trillion.
Taxpayers will bail out banks again, except it's called a bail-in. Ellen Brown explains shareholders, bondholders, and depositors of banks will lose money; depositors first, because they're the largest segment. In the U.S. any deposit amounts over the $250,000 FDIC insured will be taken; these are usually local businesses which need larger deposits to cover cash flow and payrolls (in Europe the insurance is 100,000 Euros). Pension funds are usually connected to the bonds, so that'll be the next hit. If the FDIC insurance doesn't have enough money it can borrow from a $500 billion line of credit with the Treasury, but that has to be paid back - by the taxpayers.
The BEDC morphed into the BDC, and a former town councilor gets a "forgiveable loan" of about a quarter of a million dollars for her taxi business. Interestingly, many have yet to find any bank offering a forgiveable loan/gift. Another example is former town councilor, Gerald Favreau, thinking it was a great idea to give a private business public money to build a road. If there's no astroturfing connections, then perhaps it's part of The Deliberate Dumbing Down of America we see manifested.
Remember the saying about a pool of money ("Folks This Ain't Right" Jan. 17, 2015)? There are takers and cons at all levels, but the sharks keep getting bigger, and the stakes higher. Is it too late to stop the momentum now?