Thread: The group of thirty?

Rydethwind - 2/6/2009 at 04:18 PM

I do not know much about this group but i am more than interested after reading this ,are any of you familiar with them and what they are all about.. please civil discussion i am looking for unbiased information.. thanks

Treasury secretary nominee Timothy Geithner's biography on the website of the Federal Reserve Bank of New York mentions a curious affiliation of Geithner. No, not his admitted membership in the world-government-promoting Council on Foreign Relations, but a far more exclusive club the so-called "Group of Thirty." This organization, while not clandestine, is not well known outside of high-level financial circles.

It consists of 30 ultra-elite international financiers, who control - or whose friends control - the monetary policy for most of the world's governments. The connections with the secretary of the treasury nominee warrant a closer look at this internationlist organization and its possible effects on an already reeling American economy.

The actual name of the Group of Thirty organization is "Consultive Group on International Economic and Monetary Affairs, Inc." It sponsors conferences and publishes papers on seemingly arcane monetary policy issues. Monetary policy is defined as "actions that are designed to influence the availability and cost of money." That is in contrast to fiscal policy, which has to do with government spending and taxing.

The Group of Thirty was started in 1978 by Geoffrey L. Bell, who has been affiliated with the U.S. Federal Reserve in a number of capacities, as well with Her Majesty's Treasury, and has a consultancy that advises central bankers and major corporations. He is a genuine insider's insider. Currently the Group of Thirty is headed by Paul A. Volcker, former Fed chairman, UN heavyweight and Barack Obama's current head economic adviser. Previous Group of Thirty luminaries include former Fed Chairman Alan Greenspan and a lengthy roster of international glitterati.

One of Geithner's compadres in the current iteration of the Group of Thirty is Lawrence Summers, former president of Harvard and former Treasury Secretary, former chief economist of the World Bank, and now Obama's National Economic Council director. Others include former Mexican president Ernetso Zedillo, honchos of international investment firms Goldman Sachs, Chase, Morgan Stanley, and heads of important central banks around the world, including those of China, India, Japan, Europe and South America.

Geithner's impressive accomplishments in the field of banking brought him to the presidency of the Federal Reserve Bank of New York, arguably the nation's most powerful banking institution, in 2003, when he was in his early 40s. He is also a board member of the RAND Corporation, an influencial liberal think thank. He has ties, direct or indirect, to virtually every important financial institution on the globe. In his capacity at the New York Fed, he has been at the very center of advocating for and administering the large bailouts for the financial industry sponsored by President Bush and passed by Congress.

This is the man President Obama has chosen for secretary of the treasury. Shouldn't his connections to the banking elites be part of the public and congressional debate in addition to the concerns about his failure to pay incoming taxes over many years amounting to tens of thousands of dollars? One would hope that the treasury secretary would both understand and comply with the income tax code the rest of us have to endure, but surely Geithner's connections to the banking elites are important too.

Bhawk - 2/6/2009 at 04:35 PM

There's always a shroud of mystery around all of the organizations of this type. G30 is full of influential people for sure, and I've always found it interesting how many times you'll see the Rockefeller name in the groups of this type.

I've always thought that when speaking of groups of this type that it's a realistic reminder that at this level, things like political parties in a particular country mean jack squat. The big thing that people talk about is how much do groups like this actually on one hand it's easy to paint a sinister face on them, on the other hand it seems pretty obvious that all of the people at that level all know each other.

Bill Gates had a pretty funny line the other day about this year's Davos Conference (another deal that has a sinister reputation) - "Davos this year was pretty subdued. People walking around shaking hands going 'So how is your country's economy failing today?'"

Not that reading about these organizations isn't fascinating, it is. Some of it can be scary and some of it can be pretty tame. Now, Bohemian Grove, that's just plain weird.

SantaCruzBluz - 2/6/2009 at 11:00 PM

I'm not a conspiracy theorist, but it wouldn't be hard to convince me a small group of men have far more power on this planet than the rest of us realize.

woodsdweller - 2/6/2009 at 11:17 PM

I've done quite a bit reading on non-elected entities like Council on Foreign Relations, The Trilateral Commission, the Bilderberg Group, etc., who seem to have a big say in Government Policy, Foreign and Domestic. Sometimes it made for spooky reading.

lolasdeb - 2/6/2009 at 11:28 PM

Not that reading about these organizations isn't fascinating, it is. Some of it can be scary and some of it can be pretty tame. Now, Bohemian Grove, that's just plain weird.
Teddy Bears' Picnic?

[Edited on 2/6/2009 by lolasdeb]

Rydethwind - 2/7/2009 at 03:41 AM

thanks folks i have to agree on one thing this group has some scary stuff to read about...

brofan - 2/7/2009 at 03:45 AM

What's the name of that ultrasconservative group that meets in California every summer and is sworn to secrecy? I believe Bush One is a member as are many of the Yale Skull & Crossbone Group....

leafsfan - 2/7/2009 at 03:50 AM

One of the best characters in any movie is Mike Myer's protraying his real life father in "So I married and axe murderer". Classis banter about control of the world.

It's a known fact, Sonny Jim,
that a secret society...

...of the five wealthiest people,
known as the Pentavirate... everything in the world,
including the newspapers...

...and meet tri-annually at a secret
mansion in Colorado known as...

-..."The Meadows."
-Who's in the Pentavirate?

The Queen, the Vatican,
the Gettys, the Rothschilds...

...and Colonel Sanders,
before he went tits-up.

I hated the Colonel,
with his wee beady eyes...

...and that smug look on his face.
"You're gonna buy my chicken. Oh!"

Dad, how can you hate the Colonel?

He puts addictive chemicals
in chicken...

...making you crave it fortnightly,

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