Thursday, December 4, 2008

Stanley Fischer: Zionist Federal Reserve to Further Entrench Itself?

No matter who replaces Geithner, the Fed's hand of death will continue grabbing at our throats.
Bio

Forehead slap: Governor of Bank of Israel to replace Geithner

Last update - 04:26 03/12/2008

Stanley Fischer reportedly on shortlist to lead New York Fed

By TheMarker Staff and Reuters

Stanley Fischer, the governor of the Bank of Israel, is reportedly again a candidate to replace Timothy Geithner as president of the New York Federal Reserve Bank, according to media reports.

Geithner has been nominated for Treasury Secretary of the Barack Obama administration.

The New York Fed is the most important of the 12 regional Fed banks. The instuitution serves as the U.S. central bank's most direct link to Wall Street as well as its chief crisis manager.

The New York Fed is moving ahead with seeking a permanent replacement for Geithner, its chairman Stephen Friedman said last week.

Apart from Friedman, Geithner and Fed Chairman Ben Bernanke will likely have the most say in who is selected, economists said.

http://www.haaretz.com/hasen/spages/1043048.html

NB:

The Wall Street Journal on Tuesday included Fischer - a former MIT professor who supervised US Federal Reserve chief Ben Bernanke's doctoral thesis - on its short list of prospects to replace Timothy Geithner.

Geithner, who was named Treasury secretary last week by President-elect Barack Obama, is expected to leave his post in "the next several weeks," according to a statement from the New York Fed.

http://www.jpost.com/servlet/Satellite?pagename=JPost/JPArticle/ShowFull&cid=1227702405868

Post by way of: After Armageddon News

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Bank leader says Israel protected
ECONOMIC WOE…

Israel's economy is threatened but perhaps better protected than others, the governor of the Bank of Israel said.

Stanley Fischer told about 1,000 lay and professional leaders of the Jewish federation system that during the worldwide economic crisis, Israel could be hurt as global buying power decreases. That's because Israel exports 45 percent of the goods it produces, with 15 percent each of its Gross Domestic Product coming from sales to the United States and European Union.

"There is no way we can be totally isolated," Fischer said at a plenary meeting on the final day of the United Jewish Communities General Assembly.

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Are Fischer Rumors Indicative of a Major Israeli Economic Crisis
By: Israel Newsletter

Will current Bank of Israel head Stanley Fischer be leaving Israel for the New York Fed? According to a report in the Wall Street Journal, Fischer is considered to be a dark horse to fill the vacancy left by Timothy Geithner, who is joining Pres. elect Barack Obama as Treasury Secretary.

According to the Journal, “Outsiders who could be considered include Peter Fisher, a former Treasury official who is now a senior executive at BlackRock Inc.; Stanley Fischer, an economist who runs Israel’s central bank; and Roger Ferguson, a former deputy Fed chairman who is now chief executive of TIAA-CREF, an investment firm that specializes in serving academic institutions.”

The question is whether if this is so, does this mean the Israeli economy is about to go into the gutter. Fischer has a history of bailing out just in the nick of time, before disaster strikes. Just look at where he was before he came to Israel. He was a hot shot at Citigroup (C), Vice Chairman. I may be wrong but I think that he was involved with risk management. Funny that he left in 2005. Humm.. Think he may have known a thing or two about what ‘toxic’ things were on their balance sheet?????

Just today the ‘09 growth estimates fro Israel were slashed again. This must make 3-4 times in the last month. That doesn’t look all that promising to me.

To be fair, Fischer’s name always seems to pop up when there are top level economic vacancies to fill, so I wouldn’t be jumping to any conclusions just yet.

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Of course Fischer is a member of the Council on Foreign Relations

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You guessed it. Fischer is a Bilderberg member.

http://www.conspiracyarchive.com/images/f/fischer.jpg

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Stanley Fischer - A Monster In The Bank of Israel

by Barry Chamish

To put Fischer's role in global mischief in perspective, we turn to the incisive American analyst, William Jasper:

“ECOSOC, the UN's mammoth globocracy, oversees an alphabet soup of dozens of agencies, commissions, committees, and ad hoc bodies (UNESCO, UNIDO, FAO, UNEP, WHO, IMF, UNCTAD, UNFPA, etc.) employing tens of thousands and dispensing billions of dollars worldwide. The globalists have placed their operatives in all the key posts. The World Bank, one of the UN system's pivotal power centers, is headed up by James Wolfensohn (president) and Jeffrey A. Goldstein (managing director), both CFR members and full-blown internationalists. Over at the IMF, globalist economic objectives were managed through most of the turbulent 1990s (and up to 2002) by Stanley Fischer (CFR). Mr Fischer was assisted during that time by Anne O. Krueger (CFR), who retains the No. 2 slot at IMF. The IMF and World Bank closely coordinate their lending policies with USAID, the U.S. State Department agency that handles U.S. foreign aid. At that agency, Constance B. Newman (CFR) is helping to maintain the same destructive programs promoted by earlier CFR apparatchiks like J. Brian Atwood.” more

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Shekel Proves Hard Currency; Israel Defies Unraveling
Nov. 18, 2008

Since Stanley Fischer, the former International Monetary Fund deputy director, became the Bank of Israel governor in May 2005, the shekel strengthened 12 percent against the dollar and the Swiss franc, 13 percent versus the euro, 3.1 percent against the yen and 41 percent compared with the British pound. more

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ynet says

A source in the Bank of Israel, however, said that Fischer – who was named the Bank's chancellor in 2005 – intends to see his five-year term through.

"Naturally, if Obama calls on him for the job all options would be open, but right now Fischer wants to continue his term.

"He is undoubtedly connected to the new financial decision-makers in the Obama administration, and there are constant talks between the sides, including with the intended secretary of the treasury, but Fischer is not considering the position (of Fed chief)."

The decision on who will take over for Geithner is for the Board of Governors of the Federal Reserve to make. The board is chaired by Stephen Friedman, retired chairman of The Goldman Sachs Group and is currently the head of Stone Point Capital, LLC.

Friedman, who according to the Post has also been shortlisted for the position, also served as director of the National Economic Council under President George Bush's administration.

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Israel Central Bank Profits on Dollar

Oct. 22, 2008

by Tzvi Ben Gedalyahu

Bank of Israel Governor Prof. Stanley Fischer has racked up tens of millions of dollars in profits on paper since he ordered the Bank to begin buying dollars six months ago when it was worth only 3.30 shekels. As of Wednesday morning, the greenback was worth 3.83 shekels, the first time since January 3 the shekel-dollar rate was above 3.82. more


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Bollyn on Fischer


After college, Bernanke earned a doctorate at Massachusetts Institute of Technology, where his adviser was Stanley "Stan" Fischer

Fischer, born in Rhodesia, also happens to be the current Governor of the Bank of Israel. If you look at Bernanke's biography you will find that he has spent his entire life engaged only in Zionist activities.
I have not found any period of Bernanke's life when he was involved in anything other than Zionism


Bernanke's advisor of Zionist economics at MIT was Stan Fischer,
head of the Bank of Israel; here with Ehud Olmert on April 1, 2008
[Photo AP - Sebastian Scheiner]

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