Cempaka Belanda: Like US, Dutch launch inquiry into banking crisis

"A Summary" – Apr 2, 2011 (Kryon channelled by Lee Carroll) (Subjects: Religion, Shift of Human Consciousness, 2012, Intelligent/Benevolent Design, EU, South America, 5 Currencies, Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Middle East, Internet, Israel, Dictators, Palestine, US, Japan (Quake/Tsunami Disasters , People, Society ...), Nuclear Power Revealed, Hydro Power, Geothermal Power, Moon, Financial Institutes (Recession, Realign integrity values ..) , China, North Korea, Global Unity,..... etc.) - (Text version)

"The Timing of the Great Shift" – Mar 21, 2009 (Kryon channelled by Lee Carroll) - (Text version)

“ … Here is another one. A change in what Human nature will allow for government. "Careful, Kryon, don't talk about politics. You'll get in trouble." I won't get in trouble. I'm going to tell you to watch for leadership that cares about you. "You mean politics is going to change?" It already has. It's beginning. Watch for it. You're going to see a total phase-out of old energy dictatorships eventually. The potential is that you're going to see that before 2013.
They're going to fall over, you know, because the energy of the population will not sustain an old energy leader ..."

"Update on Current Events" – Jul 23, 2011 (Kryon channelled by Lee Carroll) - (Subjects: The Humanization of God, Gaia, Shift of Human Consciousness, 2012, Benevolent Design, Financial Institutes (Recession, System to Change ...), Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Nuclear Power Revealed, Geothermal Power, Hydro Power, Drinking Water from Seawater, No need for Oil as Much, Middle East in Peace, Persia/Iran Uprising, Muhammad, Israel, DNA, Two Dictators to fall soon, Africa, China, (Old) Souls, Species to go, Whales to Humans, Global Unity,..... etc.)

"The Recalibration of Awareness – Apr 20/21, 2012 (Kryon channeled by Lee Carroll) (Subjects: Old Energy, Recalibration Lectures, God / Creator, Religions/Spiritual systems (Catholic Church, Priests/Nun’s, Worship, John Paul Pope, Women in the Church otherwise church will go, Current Pope won’t do it), Middle East, Jews, Governments will change (Internet, Media, Democracies, Dictators, North Korea, Nations voted at once), Integrity (Businesses, Tobacco Companies, Bankers/ Financial Institutes, Pharmaceutical company to collapse), Illuminati (Started in Greece, with Shipping, Financial markets, Stock markets, Pharmaceutical money (fund to build Africa, to develop)), Shift of Human Consciousness, (Old) Souls, Women, Masters to/already come back, Global Unity.... etc.) - (Text version)

“… The Shift in Human Nature

You're starting to see integrity change. Awareness recalibrates integrity, and the Human Being who would sit there and take advantage of another Human Being in an old energy would never do it in a new energy. The reason? It will become intuitive, so this is a shift in Human Nature as well, for in the past you have assumed that people take advantage of people first and integrity comes later. That's just ordinary Human nature.

In the past, Human nature expressed within governments worked like this: If you were stronger than the other one, you simply conquered them. If you were strong, it was an invitation to conquer. If you were weak, it was an invitation to be conquered. No one even thought about it. It was the way of things. The bigger you could have your armies, the better they would do when you sent them out to conquer. That's not how you think today. Did you notice?

Any country that thinks this way today will not survive, for humanity has discovered that the world goes far better by putting things together instead of tearing them apart. The new energy puts the weak and strong together in ways that make sense and that have integrity. Take a look at what happened to some of the businesses in this great land (USA). Up to 30 years ago, when you started realizing some of them didn't have integrity, you eliminated them. What happened to the tobacco companies when you realized they were knowingly addicting your children? Today, they still sell their products to less-aware countries, but that will also change.

What did you do a few years ago when you realized that your bankers were actually selling you homes that they knew you couldn't pay for later? They were walking away, smiling greedily, not thinking about the heartbreak that was to follow when a life's dream would be lost. Dear American, you are in a recession. However, this is like when you prune a tree and cut back the branches. When the tree grows back, you've got control and the branches will grow bigger and stronger than they were before, without the greed factor. Then, if you don't like the way it grows back, you'll prune it again! I tell you this because awareness is now in control of big money. It's right before your eyes, what you're doing. But fear often rules. …”

Monday, January 18, 2010

Like US, Dutch launch inquiry into banking crisis

NRC International, 18 January 2010 15:44 , by Freek Staps and Jeroen Wester in Washington D.C. and The Hague

Jan de Wit, chair of the special committee of inquiry into the financial crisis. Photo Vincent Mentzel

Both the Dutch and US governments have begun inquiries into the origins of the financial crisis. Five questions on them answered.

Public hearings by committees of inquiry into the current financial crisis have been launched in both the US and the Netherlands. Last Wednesday, the first four American bankers reported to the American Financial Crisis Inquiry Committee. This Monday, in The Hague, the Temporary Committee Investigating Financial Systems, better known as the De Wit Committee, holds its first public hearing. What are the most important similarities and differences between the two approaches?

What are the committees investigating?

The Dutch committee, named after its chair, Jan de Wit, will first analyse the background of the crisis. Two cases will be highlighted: the role of the supervisors played in the fiasco surrounding the bankruptcy of Iceland’s Icesave bank and in the government’s 2007 take-over of the Dutch bank, ABN Amro. A second, subsequent investigation will look into the 2008 crisis intervention by political leaders and supervisors.

The US committee was proposed by president Obama and appointed by Congress to investigate the causes for the current financial and economic crisis in the US. Its chair, Phil Angelides, says he will deal with the “greed, stupidity, hubris and outright corruption” of the financial sector.

Who are the people on the committees?

The De Wit committee comprises eight members who come from the various political parties that hold seats in the Dutch parliament. Its chair comes from the Socialist Party.

The 10-member American committee was nominated by the political parties, six members by the Democrats, who hold the majority in Congress, and four by the Republicans. It includes former politicians and business leaders. Its chairman, Phil Angelides, was formerly a financial official in the state of California. Two of the members are controversial. Democrat Byron Georgiou is a lawyer at a firm which is involved in lawsuits against Wall Street banks. The Republican vice-chair, Bill Thomas, a lobbyist for a legal firm that represents merchant banks, received 1.6 million dollars in donations from banks while he was a member of Congress. During a recent interview, he referred to the chairman Angelides as “a wacko Democrat liberal”.

How will the inquiries proceed?

The De Wit committee will not hear testimony from suspects, but from people involved. Two directors have turned down an invitation to appear before it, a former director of Fortis bank and one from Iceland’s central bank. People invited to appear before the committee are not obliged to answer questions, nor are they under oath. The committee uses external experts and has outsourced some of the research to Utrecht University, which will examine the international supervision and regulation of the financial system. The total cost of the study has been estimated at 1.5 million euros, which will be paid for from the parliamentary budget.

The American committee can summon people to appear before its members or supply information. Everyone who is called on must appear and discuss documents (even though lawyers for the banks will do their best to prevent this). The committee can hand over offenders to the justice department, unless a majority including at least one Republican votes against this. A 30-person research staff has been placed at its disposal, and a research budget of eight million dollars, courtesy of the government. According to chair Angelides, that is “certainly as much as each of the banks is spending to prepare its own testimony”.

Who will appear before the committees?

The De Wit committee has confidentially interviewed about 60 people. In the next three weeks, about 40 more will publicly appear before its members: experts, bankers, accountants, insurers, politicians and banking supervisors. By the beginning of April it will deliver its final report. Then the second inquiry into the crisis intervention will take place.

The American committee will interview hundreds of people. It began last week with senior bankers and analysts and the justice minister, and private hearings with treasury secretary, Timothy Geithner and central bank director, Ben Bernanke, both of whom must also appear during the public sessions. It will present its report on December 15.

Are these committees of any value?

The De Wit committee must deliver clear analysis from which lessons can be drawn. According to its deputy chair, Jan Schinkelshoek, parliament has to account for the billions that have gone to banks and insurance companies.

The American committee says the anger against Wall Street has to be directed. “The American financial system is like a patient who has had a near-death experience,” Angelides said “What we are about is the diagnosis.”

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