2010-09-07economicpolicyjournal.com

Governments like to operate deep in complex technical details, when they are up to really no good. Few in the general public understand or pay attention to complex technical details of obscure regulatory moves, though those moves can be highly damaging for a country's citizens. In Basel, Switzerland, global banking capital regulations, known as the Basel III rules, are in the process of being finalized. The rules are nothing but a stunning move by governments and the elite to direct money flows in their direction. When implemented, it will, over time, result in a lower standard of living on a global level for nearly all and greater separation between the super-wealthy tied in with global governments, and the rest of us.



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