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You are here: Home » News » Jesuit Agendas » Great Reset » A Complete Overhaul of the U.S. Financial System? No Longer a “Conspiracy Theory”

A Complete Overhaul of the U.S. Financial System? No Longer a “Conspiracy Theory”

November 19, 2021 7:00 PM By Tessa Lena Leave a Comment

Originally published by Mercola.com and republished on his Private Substack.


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This story is about money and an alarming paper by Biden’s nominee Saule Omarova (to be the next head of the Office of the Comptroller of the Currency, OCC, as explained below). For quite a while, we’ve been all discussing different aspects of the Great Reset and the treacherous plan to use the “happy” language of “public good” and “sustainable development” to push through an all-encompassing power grab by the largest institutional investors and the richest people of the world.

The end result of the power grab would be a fully mechanized society where the citizens’ bodies and minds are invaded by tech, managed by AI, and ultimately serve the financial and emotional interests of the self-appointed mad priests of the new normal. (And yes, they are mad.)

To our chagrin, the great resetters want to control our existence completely. They want to control our diets, our thoughts, and our sexuality. They want to control our feelings and relationships. And sure as hell, they want to control our money. The financial component of the Great Reset is at the foundation of how they hope to get from here to their mechanical dystopia.

The Financial Aspect of The Great Reset

This topic of finance in the light of this attempted reform has been explored by a number of great researchers and investigative journalists who have spoken and written about it very eloquently over the years. For example, here is a great conversation between Whitney Webb and John Titus called, “COVID-19 and Central Bank Digital Slavery.” Both of them have done pioneering research on the topic.

A core expert on the financial aspects of the Great Reset is Catherine Austin Fitts who was recently interviewed by Mercola on this very topic. In the interview, Catherine Austin Fitts pointed out that the aggressively promoted vaccine passports are connected to the attempted financial restructuring:

“If they get the passports, then I would argue, as a practical matter, we lose our ability to stop the Central Bank Digital Currencies. So, whatever we do, we need to stop the passports. The passports give them the kind of control they need of the digital and financial transactions that then leads into the CBDCs.”

I also recently wrote about the Digital Financial Complex and Ernst Wolf:

“Wolff points out that currently, entities like BlackRock, Vanguard, and State Street Corporation hold more financial power than many governments — and hence, they have the ability to dictate their will to governments convincingly.

According to him, the destruction of the traditional Western social fabric and small businesses is intentional, and the purpose of the destruction is to create enough momentum in the form of desperation and impoverishment that when the central banks roll out the new financial system, the citizens will see it as a solution to horrible problems — as opposed to a new system that somebody wanted to roll out to begin with.”

Per Wolff, the desired end result of the financial reform looks like this: Cash is out. Banks are we know them are out. All money is digital and transparent. Central banks generate digital money at will, as much as they want. Every citizen has one and only bank account, which is an account with a central bank.

Money is programmable, and our spending is not free-form, i.e. certain chunks of our money can be assigned for specific purposes, or we can only spend it in certain places, or we may be allowed to only buy certain types of food, etc. etc. Taxation’s easy. Censorship is easy. Fining people for bad behavior is easy.”

Very interesting analysis titled, “The Great Reset is a Social Carbon Credit Economy!” was published by Joseph Gonzalez, a game developer and a combat veteran with a lot of knowledge about blockchain and its role in the 4IR model.

“In this system, what you buy, consume, perform, etc., will be decided by your carbon footprint. You’ll be given a maximum allowance of carbon credits on your carbon credit crypto wallet. Each time you perform any action that has a carbon trace, carbon credits will be deducted from your carbon crypto account on the blockchain. What you can buy and do is decided by crypto/blockchain smart contracts, also known as programmable money.”

An Alarming Paper by Biden’s Nominee Saule Omarova

In that context, it is critical that we pay attention to the striking legal paper published last month in the Vanderbilt Law Review by Saule Omarova, Biden’s nominee to lead the Office of the Comptroller of the Currency (OCC).

What is OCC? The Office of the Comptroller of the Currency (OCC) is a bureau of the U.S. Department of the Treasury that charters, regulates, and supervises all national banks, federal savings associations, and federal branches and agencies of foreign banks. They are the “primary regulator of banks chartered under the National Bank Act and federal savings associations chartered under the Home Owners’ Loan Act.”

Who is Saule Omarova? Saule Omarova is a Kazakh-born Cornell University law professor who on November 2 was formally nominated to lead OCC by the Biden administration. Prior to 2014, Omarova was an Associate Professor at the University of North Carolina School of Law.

And before that, “she worked for the corporate law firm, Davis Polk & Wardwell, in their Financial Institutions Group. In 2006-2007, she served at the U.S. Department of the Treasury as a Special Advisor for Regulatory Policy to the Under Secretary for Domestic Finance.”

The paper is provocatively titled, “The People’s Ledger: How to Democratize Money and Finance the Economy.” It starts with the following intro:

“The COVID-19 crisis underscored the urgency of digitizing sovereign money and ensuring universal access to banking services. It pushed two related ideas — the issuance of central bank digital currency and the provision of retail deposit accounts by central banks — to the forefront of the public policy debate.

To date, however, the debate has not produced a coherent vision of how democratizing access to central bank money would — and should — transform and democratize the entire financial system.

This lack of a systemic perspective obscures the enormity of the challenge and dilutes our ability to tackle it. This Article takes up that challenge. It offers a blueprint for a comprehensive restructuring of the central bank balance sheet as the basis for redesigning the core architecture of modern finance.

Focusing on the U.S. Federal Reserve System (“the Fed”), the Article outlines a series of structural reforms that would radically redefine the role of a central bank as the ultimate public platform for generating, modulating, and allocating financial resources in a democratic economy — the People’s Ledger.”

Omarova’s thinking about finance is on the radical side. She seems to dislike Wall Street — which is fair — but then she also seems to believe that the central banks are our saviors. And while I agree with her assessment from an earlier interview that banks are “a**holes,” I also believe that her proposed solution to give all the control to central banks would hand the power not to the people — but to even bigger “a**holes,” while making a weird assumption that they are serving the people.

The “a**holes” theme comes from a documentary called, “A**holes: A Theory” (see this livestream with Omarova being interviewed at 34:16). What is also very enlightening to the understanding of her paper is a comment by her colleague at Cornell University, Professor Robert Hockett, who talks about “a**hole behavior” in finance and then states that central banks can be a “collective agent” to “regulate” it.

I think one has to have a lot of imagination to imagine central banks as protectors of peasants but that is none the less the belief they seem to espouse.

This kind of linguistic juggling — sincere or not — is a method that I am very familiar from my former homeland, the USSR. And no, I am not saying that the Great Reset is “communist,” or that Omarova is — I think that the entire thing is not about isms at all, and Omarova might mean well, albeit in a weird and dangerous way.

What I am saying though is that my former Soviet homeland has greatly perfected the method of masking abusive state practices with the fuzzy language about “the dignity of all workers,” and that I am alert to it. And just like the language of “worker dignity” was a lie in my Soviet childhood, it is an obvious lie in the context of the Great Reset.

What I suspect is going on here on the psychological level — I am merely guessing — is a combination of traditional opportunism and a sincere, deep, Soviet-rooted moral desire for theoretical “justice.”

Does she sincerely believe in the “sustainable rhetoric” or does she merely say what needs to be said to move ahead in the current insane and somewhat Soviet-like environment? I don’t know, but I would like to repeat what I said back in January, and stress that it applies to all bankers, including the central ones:

 

Tessa Lena tweet

 

>>>>> Click Here <<<<<

For all those reasons, I find her recent legal paper completely horrifying as it pretty much describes the mother of all conspiracy theories — the conspiracy theory saying that we are currently going through a reform whose true purpose is to move all our money to central banks, make it digital, and allow the central banks to freeze people’s accounts.

The paper is 69 pages long. It was written about in detail by Wallstreet on Parade, which pointed out that Omarova’s proposed reform includes the following:

(1) Moving all commercial bank deposits from commercial banks to so-called FedAccounts at the Federal Reserve;

(2) Allowing the Fed, in “extreme and rare circumstances, when the Fed is unable to control inflation by raising interest rates,” to confiscate deposits from these FedAccounts in order to tighten monetary policy;

(3) Allowing the most Wall Street-conflicted regional Fed bank in the country, the New York Fed, when there are “rises in market value at rates suggestive of a bubble trend,” such as with technology stocks today, to “short these securities, thereby putting downward pressure on their prices”;

(4) Eliminate the Federal Deposit Insurance Corporation (FDIC) that insures bank deposits;

(5) Consolidate all bank regulatory functions at the OCC – which Omarova has been nominated to head.

And here is what Omarova’s paper has to say about freezing people’s money in case of an “emergency”:

“If and when the Fed injects monetary base into the system, each reserve sub-account would be credited with the appropriate “helicoptered” amount. If and when the Fed seeks to drain money from the system, the appropriate amount would be transferred from the transaction sub-account to the same holder’s reserve sub-account, where it would be effectively escrowed until the Fed ends its tightening policies.

These temporarily “reserved” funds would pay a higher interest than the regular interest paid by the Fed on money held in transaction sub-accounts. Importantly, raising this reserve interest rate would enable the Fed to incentivize depositors to move more of their money from transaction into reserve sub-accounts voluntarily.

Strategic use of this tool, therefore, may decrease the need for the mandatory “reserving” of people’s money, which would also help to counteract negative perceptions of this policy.142 In effect, the tightening of the money supply would be achieved through a compulsory but economically attractive investment scheme.”

For a bit of context, please see this 2018 IBM paper titled, “Programmable Money: Will Central Banks Take the Lead?” The IBM paper states:

“The future of programmable money is dawning. While blockchain adoption is still in a formative stage, it offers tremendous potential to revolutionize the global financial system. No place on earth will be out of reach.”

For more context, here is the head of the Bank for International Settlements and his notorious speech about programmable currency in which he complains that with cash, they don’t know who is using the money and how — while with CBDC, central banks will have “absolute control over the rules and regulations that will determine the use of that expression of central bank liability and also … have the technology to enforce that.”

This man sounds and looks like a definite friend of the peasants. A poster child for protectors of the working people! We can relax, believe our leaders that the passports are about our health, and entrusts ourselves to people like this… or maybe not? I would like to finish this story with words by Catherine Austin Fitts:

“If we’re going to get out of this one, we need to just say no and refuse to go into the box.”

There are more or us than there are of them. No box for the free people.


Originally published by Mercola.com.

Author: Tessa Lena

Tessa Lena is a strongly opinionated musician living in New York. She is a classically trained pianist and singer, born and raised in Moscow. As a teenager, she had the honor of performing her own composition at the Moscow Conservatory, and wanted to be a geneticist. As her interests expanded to Tibetan music and language, she headed to Lhasa with a backpack to do a field study in linguistics and enthomusicology. After being attacked by a sex trafficker in Southern China and successfully fighting him off, Tessa settled in Chicago.

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  • James Bailey on Prophetic chart could be showing macro view of crypto winter aheadThanks for sharing those dreams Frank. The bullish pattern for SPX that you felt bummed that it was broken sounds like what I'm expecting for the next month or so with a downturn starting in mid Septe…
  • LovetheLord on America’s Plan for A New World System (words inspired by God)It's okay to laugh, I believe. That part lifted my spirits. We need some few seconds relief from the stress!
  • faith on I remember thinking “Why did I do this? Now I’m going to die.”I have a different take on this dream and in my opinion it's about the crypto market. One needs to ask themselves the significance of her being a red head and going upstairs. What would that scene hav…
  • lisa on America’s Plan for A New World System (words inspired by God)God bless you Caroline and thank you for this word. This confirms what my spirit has been showing me. The christians that believe this can be overturned are going to be very surprised. We are in the e…
  • Carla on A Season of Divine DistinctionThis was on point, thanks for sharing. Passing this on !! 🙏
  • PaulAu on I remember thinking “Why did I do this? Now I’m going to die.”MITIGATION PROTOCOL - FYI. Last year, I had a very interesting visit with a doctor who was recommended by the Covid Medical Network, Australia. Her take on vaccines: She said that they all had side ef…
  • Frank on Prophetic chart could be showing macro view of crypto winter aheadJames, at risk of this getting buried among so many replies here, I did want to share a very clear dream I had a few days ago on the SP500. In my dream I was watching the evening news and saw the dail…
  • James Bailey on Prophetic chart could be showing macro view of crypto winter aheadI had been thinking it was coming soon but received warnings that it's further out on the timeline. I also received an update that the bottom is closer to 3658, not 3690. My current target date is Sep…
  • Nobody on Prophetic dream reveals coming crash in crypto currency pricesWell, can't say for sure, but need to bring it to your attention that, there is a chance your dream may be about to unfold in a month or 2 in this mid-late summer 2022 ..... your dream did mention an…
  • Katie on Liars, Propagandists and The Great ResetThe evil woman spreading the psudeo psychology to these saps are the real villains
  • N.Newton on Prophetic dream shows Bitcoin stuck in heavy trafficIt could be next summer but I feel something weird going to happen soon. There must be a reason why CCP banned BTC. If this hack occurred, it could be catastrophic. 😎God bless
  • Phil - Sydney on I remember thinking “Why did I do this? Now I’m going to die.”Thanks James I took the jab because I had major expenses and ongoing mortgage payments. Transport NSW would not let me work without the jab. Thanks the Lord that I have been kept well. This policy is…
  • Dana R on I saw US currency bills on the ground all over the place and they were frozen in ice.Hi Audrey, Whenever the Lord gives me visions of snow, ice or hail, He is referring to deception. I wrote about this in my testimony “Snow Job”.
  • RealPatriot2020 on “God is doing something with His Chosen and Elect.”Please understand I am saying this out of love for my fellow brothers and sisters in Christ. I just learned about the true nature of the Talmud a year ago, and after reading some verses I became angry…
  • Peggy on Get in the secret place and find His voice again.Thank you and Amen
  • Michelle gibson on Get in the secret place and find His voice again.Amen
  • Marcio on Bitcoin dreams reveal low flash crash prices and $25,000Mysa, thank you for sharing. November and December could be low for BTC after the current bear flag has completed.
  • Cunny Fred on Prophetic chart could be showing macro view of crypto winter aheadJames, the 3690 that you saw before might just happen, because it is technically possible. SPX might retrace, to make contact with the current "bull flag", possibly down to the 3700 range. James, you…
  • Melinda on I remember thinking “Why did I do this? Now I’m going to die.”I haven’t taken nor do I advocate the vaccines and I was a public health nurse before the Lord convicted me of the evil business. Mark 7:15 states: There is nothing that enters a man from outside whic…
  • Mysa on Bitcoin dreams reveal low flash crash prices and $25,000Let me explain. On Monday 1st of August, at around 11PM in the night, I saw this date 18th November in a dream. It was written in Red. For some reason, just seeing that date in the dream caused me to…
  • David Powell on I saw US currency bills on the ground all over the place and they were frozen in ice.Blessings from Alaska. 2 things avision standing in parking lot $100 bill blowing in the wind nobody cared Heard question how could it be? Obadiah 1 readd lick headlines of news
  • James Bailey on I remember thinking “Why did I do this? Now I’m going to die.”I have not found any scriptures supporting the claim that the covid serum dooms recipients for eternity, although I believe it's pure poison that has already sent many into eternity prematurely. I hav…
  • James Bailey on Prophetic chart could be showing macro view of crypto winter aheadWithout dates or prices, it's challenging to put prophetic insights into the correct sequence but over the past couple of weeks, I've received corrections and new insights showing the next drop hits b…
  • Warrior in Christ on What He promised of old He is still promising today.Yes as amen thank you Lord Jesus !
  • Marcio on Bitcoin dreams reveal low flash crash prices and $25,000Significant bearish BTC indicators: This Chart SCARES Me – An HONEST Hot Take By Crypto Crew University https://www.youtube.com/watch?v=wRks4cYSEa0
  • mem on I remember thinking “Why did I do this? Now I’m going to die.”In reviewing some of the dreams that I and my family have had it became clear that sometimes we are shown what we avoided or what would have happened or what would happen to us or others...if we/they…
  • Fionnola Morris on The Bite of the SerpentWith the exception of some people, usually elderly imprisoned in “care homes”, with dementia or immobile, or unconscious in hospital, people with learning difficulties and with the exception of Commun…
  • Fionnola Morris on The Bite of the SerpentDon’t the Minor Prophets (Zechariah) state only a remnant of God’s people, the Jews will remain, especially as they and the rest of us believers (Revelation) will be the anti-Christ’s main target? Yes…
  • Fionnola Morris on I saw US currency bills on the ground all over the place and they were frozen in ice.The only trouble is, you can’t eat gold and silver, or real estate, unless you plant a vegetable garden, Moreover, you will only be able to exchange your gold and silver - if it is in your possession…
  • Fionnola Morris on I saw US currency bills on the ground all over the place and they were frozen in ice.Currency crashes and there is the ‘bail IN’ legislation, enacted in 2016 for the EU countries. Only last week, I believe I heard from God on waking about removing my cash from my account - with some u…
  • Rett on I saw US currency bills on the ground all over the place and they were frozen in ice.I had a dream June I think that I went to the bank and asked for 200 dollars and they would only give me 100
  • Edg on I saw US currency bills on the ground all over the place and they were frozen in ice.I do believe we will see Bank Runs in America , crooked Banksters will Steal , hold , your money and many banks will go Down and Out taking people's money withn them also I do Believe we will see High…
  • John on Prophetic chart could be showing macro view of crypto winter aheadHi James, are you still expecting 3690 in the next several days? Thanks.
  • Frank on I saw US currency bills on the ground all over the place and they were frozen in ice.Here's another interpretation: Jim Rickards, former economist for the Pentagon and respected financial expert, in his book "The Road to Ruin," describes a future scenario he calls "Ice-Nine." He descr…
  • William on I saw US currency bills on the ground all over the place and they were frozen in ice.I’ve shared this dream before, but I saw many different fiat currencies going through a paper shredder, not sure which currencies they were, apart from one, the Euro. I saw the Euro go half way throug…
  • Mysa on Bitcoin dreams reveal low flash crash prices and $25,000November 18...something will happen to bitcoin.
  • Michelle gibson on “A Counteroffensive is on the March.”I agree, the Lord told me a few weeks ago to hold the line. And that is what we do
  • Michelle gibson on God is connecting the dots that have felt spread out and confusingAmen!
  • Michelle gibson on I saw US currency bills on the ground all over the place and they were frozen in ice.I had a short dream where I was with a group of people standing in front of a shipping container and when I opened it it was full of U.S. money all shredded up. And I woke up. I believe since this mon…
  • LynneNZ on I remember thinking “Why did I do this? Now I’m going to die.”I prayed so hard over these vaccines as Christians all around me were taking them. The verse God gave me was Matt 7 v 21, Not everyone who says to me Lord, Lord, will enter the Kingdom of Heaven, but…
  • Marcio on Bitcoin dreams reveal low flash crash prices and $25,000I also want to thank you, SW, for continuing to post your crypto dreams here. We appreciate you. God bless.
  • LovetheLord on I remember thinking “Why did I do this? Now I’m going to die.”This is a hard topic, full of unknowns. I read a prophecy here or elsewhere years ago that, if I recall correctly, those who made the vaccines separated them into 3 groups: those that caused blood clo…
  • Glenn Clark on Bitcoin dreams reveal low flash crash prices and $25,000Thanks SW, I always appreciate your posts. I'm wondering how this relates or is connected to your dreams of $4 & $10. I've heard so many prophecies on the BTC flash crash to zero so I wonder if th…
  • Josh on God is connecting the dots that have felt spread out and confusingAmen, I know this is true. God has been preparing us for our whole lives. I can sense that things are coming into focus but is not quite there yet. I know clarity is ours.
  • deborah2221 on Some don’t realize how demonic jealousy and envy is.Envy compels the heart to try relentlessly to tear someone else down. If envy is in the heart towards someone, it prevents love towards that person. God can not act in the heart in where envy is. It i…
  • deborah2221 on We Are About To Experience An Absolutely Epic Housing Crash The Likes Of Which America Has Never Seen BeforeFor Sale housing is being bought up by huge investment banks. They will hold it and keep prices rising. The commenter who said buy a rural home and land is on target. Do what you can to get out of cit…
  • Edg on How Corrupt is Ukrainian President Volodymyr Zelensky?Yes a lot of Crooks all over the world , here in USA will FALL DOWN and face the Law for their Crimes here in America we GOT THIEVES , CROOKS RUNNING Things in the WH , congress, senate, and the chine…
  • Peggy on Elitists’ Goal: Wipe Out Good FoodThank you for putting out the facts I Was just telling a friend of mine What soy protein isolate is After he told me it was one of the listed ingredients in his Veggie hot dogs Soy protein isolate is…
  • Phil - Sydney on Current Events – Fulfilling Prophetic Words Part 1Thanks Caroline- very relevant
  • Miriam Banting on Current Events – Fulfilling Prophetic Words Part 1Hi Caroline, you're right about Jeff Byerly he mentions the Ronald Reagan and the Abraham Lincoln being damaged/blown up. Secondly I agree with your/God's viewpoint on Russia Ukrainian war. The Russia…

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