Sunday, November 4, 2012
Central Banking Cartels
Central Banking and Fed
=======================
"It is well that people of the nation do
not understand our banking and monetary
system, for if they did, i believe there
would be a revolution before tomorrow
morning" - Henry Ford
American Revolution: Said Reason Taxes
on Tea
Reason: Benjamin Franklin in British
Parliment 1803
Currency Act of 1764 - British Parliment
banned Issuance of Bills of Credit in
colonies --> making Colonial script
illegal: Britain wanted to print
american money
Thomas Jefferson,Franklin,Madisson
opposed central Banks
"Banking Institutions are more dangerous
than standing armies" - Thomas Jefferson
Alexander Hamilton - wanted a central
bank
--> First National Bank of United States
British bankers had major stake in
charted to expire on 1812 and Congress
refused to renew it
--> war of 1812
"Either the application for the renewal
of the charter is granted, or the United
States will find itself involved in a
most disastrous war" - Nathan Rothscild,
1811
*War left america ravaged
Maddison - allowed second central bank
Steven Gerad, John Jacob Astor(opium
trade)
- held stakes in First bank
1828 - Andrew Jackson won on anti-bank
platform and won
- vetoed 1832 congress bill for approval
*********
THE ABILITY TO CONTROL THE CURRENCY OF A
NATION IS THE ABILITY TO CONTROL THE
NATION ITSELF
"Whoever controls the volume of money in
any country is absolute master of all
industry and commerce"
- James.A.Garfield, 20th U.S President
- we can't let this central banking
power into private hands
- ability to create Booms and Busts at
will
- Booms and Busts cycle redistribute
wealth
"our monetary transfers the wealth from
the poor and middle class to the rich" -
Ron Paul
-the ones who get the newly created
credit benefits the most; consolidation
of powers
CITY - refers to the financial district
in the centre of London
National City Bank of Newyork(largest
stakeholder in Fed)--> Citi Bank
CITY OF LONDON
===============
Templar knights built the Crown Temple
Church there
- Cities Quote of Arms - Red Cross- same
as that of Knights Templar flag -> Flag
of St.George
Central banking (Fed) has facilitated
money printing which finances war.
US wars are funded by taxes upon people
forof they do, it would have ended
earlier - Ron Paul
Military-Industrial-Financial Complex
Central banks - take orders from govt
and prints money
(adds digits to govts
account)
****Fed exists to inflate
******
Gold Standard contrainsts Money printing
- anything that restricts govts ability
to create new money; it also restricts
the **Business Cycle**
Military Contractors - Merchants of
Death
Central Banks - private corps which lend
to governments (started 1600s)
-torning down National Barriers
Rothschilds Control of Central Banks
-------------------------------------
Joan Veon - Independent Financial
Journalist, 'Women's International Media
Group'
Rothschilds took over the Bank of
England around 1815
Control of World through Usury
Rothschilds control the Bank of England,
the Federal Reserve, the European
Central Bank, the IMF, the World Bank
and the Bank of International
Settlements
BIS set up in 1930
*************
Rothschilds - secretive family
==============================
Rothschilds - Mayer Hamschel Bauer
* Hamshel - frankfurt;
* Salomen - Vienna
* Nathan - London
* Carl - Nepals
* James - Paris
*Ferederick Morton - Preface to 'The
Rothschilds: Portrait of a Dynasty'
" The History of the House of Rothschild
has been to an amazing degree the
backstage history of Western Europe..
because of their success in making loans
not to individuals, but to nations"
Nathan-James: Battle of Waterloo 1815
================================
- Financed both sides of the war
-Maintained sophisticated Intelligence
Network
Willington vs Napolean
Nathan began selling Government Bonds
('Consoles')
in the stock exchange
- other seller began selling and panic
ensued
- Securities reduced to very low price
and Nathan began buying them up again
- when official news reached london
prices shot back up
- Rothschild's fortunes increased 20
times over
Richard Lewinshon 'The Profits of War'
"After the success of his Waterloo
exploit, Nathan Mayer Rothschild gained
control of the Bank of England through
his near monopoly of Consols and other
shares"
*Rotschilds have kept their holdings
secret- wealthiest family in the world
*
Lionnel rothschild - son of Nathan
*Rothschilds maintain secretive front
companies
*
Banks Control the world
Globalization is the process of breaking
through the protective barriers designed
to separate the nation-states from the
world system
1609-1913 --> Creation of Central Bank
System of the world
They Who control the central banks of
the world controls its governmentsand
its people
1st holland 1609, the sweden 1688
BOE 1694 - King William II largest
investor
1913, The Federal Reserve Act
- private corporation
--> prints money on demand(debt) -
Treasury Bills, Notes and Bonds
Every Central Bank issues their own
Currency and does not pay taxes - their
powers successively got increased
Tragedy and Hope - Carroll Quigley -(
Bill Clintons mentor at George town
univserity)
- Powers of Financial Capitalism to
create a world system of Financial
control in private hands to dominate the
political system of each country and the
economy of the whole world - feudalistic
control by central banks acting in
concert by secret agreement arrived in
private conversations
BIS - Apex of Financial Capitalism
1933 - Keynesian Economics - Deficit
Spending is the key to get out of the
Great depression
1933 - Roosevelt closed Gold Window to
Americans**********
Federal Reserve
-----------------
Paul Warburg's act
- private corporations:
majority share holders:
The Rothschilds
JP Morgan
Goldmann sacchs
Bretton Woods I
===============
- architects Harry Dexter White(US),
John Maynard Keynes(UK)
- wanted exchange rate stability
- wanted Dollar as Reserve
Currency
Keynes - global currency --> BANCOR
*Dollar Reserve Currency - a large
amount of US Dollars held by nations as
a part of foreign exchange reserves -->
international pricing currency for the
trading for Oil and Gold
*WB Group
IBRD- reconstruction and development
Third Countries to build projects which
WB necessacites and loans - money
leaves country - country in Debt
IDA - promotes Economic Activity
IFC(private arm) - sets up currency
offerings, global bonds, established
stock exchanges
- private the countries' holdings
and list them on their exchanges; WB
buys 25% of stocks
- loans to corporations
MIGA - provides insurance to foreign
investors
- insurance to corporations against
political uncertainity
International debt problem has become
such a crisis that many poor countries
pay more money to the World Bank and the
IMF each year than they receive in loans
*IMF 1947
Special Drawing Rights(1969) - used as
unit of account
US,Euro,Pound Sterling,Yen
- BIS adopted this in 2003*** --> Global
Currency + Gold
- Global Sureveillance
- International Financial Architecture
Torn down national regualtory barrier
and establish one at global level1944 -
Financial - IMF/WB
1945 - Political - UN
1994 - Trade - WTO
1998 - Legal - ICC
2001 - Military Intelligence
- "When there a no barriers between
nation states , it allows a powerful
group of people to control the world
from above" - The Bankers: Central and
International
- Final Barrier is the Regulatory
Barrier - Banking, Insurance,Brokerage -
In order to remove the Barrier its
necessary to create a major Global
Problem --> 'Global Credit Crisis 2008-
2009'
August 15,1971 Nixon takes Dollar of
Gold
-------------------------------
Standard
----------
- closed gold window to countires,
unlimited credit creation
- before couldn't really manipulate
currencies as they were tied to dollar
- money can be printed on demand -
expanding it endlessly
- Since 1971 , the value of dollar has
dropped 70%
Monetary Deregulation - banks pay less
to savers - Fiscal policies aimed at
increasing debt from abroad
"Secrets of the Temple" - William
Greider
CRR removal would restrain Central Bank
from limiting the growth the credit and
hence inflation, they only way it would
have it through interest rates which
hurts the customers
1997-98 - Asian crisis
-------------------------
Thailand,Malyasia,Japan,phillipines and
korea did not want to join WTO Financial
Services agreement
- Central Banks sold their currencies
decimated their economies
G7(1975) afer this - central bankers met
with treasury secretaries
1999 - Repeal of 1933 Glass Steagall Act
- barrier between commercial banks and
investment banks
- opening banking sector to foreign
institutions --> need for Global
Regualtion
2008 Global Crisis
-------------
-----
captialism + socialism ==> Sustainable
Development
New Architecture of the Financial System
- Bush, Merket,Sarkosy,Gorbachev - G20
--> New World Order
BIS
====
World's Insurance Supervisors - IAIS
World's Stock Exchanges - IOSCO
- Basel Committee on Banking Supervision
- Committee on Payment and Settlements
- Central Bank Governance
- Committee on Global Financial System
Timothy Geithner form Com on GFS
- Financial Stability Forum 1999 - G7
central bankers, treasury secretaries,
global regulatory body
Structural Regulatory Changes
-----------------------------
-Total Control : combining the
regulatory agencies under central banks
--> Complete Structural Change
- law makers have no longer have
control
FED has control over bailout money to
AIG
- New order of Power
(Revolving Doors)
- successive credit cards created after
1933
- Exotic Derivatives flood the system
- mortgage bubble
- Foreign owner ship of US Debt
increases
(China,Japan,UK)
- TARP(Troubled Asset Relief Program)
Bailout
--> 40B AIG, 125 B gaurentees to intl
banks - nationalising banks and there by
socialising losses
- PPP in purchasing toxic assets
- increase in burden of public debts
Derivatives
------------
Global Regualtory System - Bretton Woods
II
========================================
===
- global accounting standard
G20 is an expansion of the G7
- control 80% of World's assets
- IMF: to do global oversight
- Global Central Bank
- Global Currency - SDR
- Financial Stability Forum (BIS)
expanded from G7 to G20
"True Freedom is being Debt-free"
***********New World Order - When
Central Banks rule the world**********
"Its not about Profits, its about
Control"
"The True value of a conflict is in the
debt it produces"
Global Regulations:
- tax everything VAT
- Global Currency
- Global Tax
Sustainable Feudalism
=====================
-King - merger b/w British Royal Family
and Rothschild; Diana's mother -
Rothchilds
-Tenants in Chief - CEOs, Prime
Ministers
-Serfs - people
"We Earn our living by Utilizing their
captial and making the money to pay them
interest, which is to make them
wealthier"
Law makers captive to Treasury and
Central Banks
- We may more of our tax money as
interests for debt incurred than use it
in creating captial assets or feeding
the poor
---------------------------------------
---------------------------------------
--------------------------
Money
=====
Charging of Interest
*Bank Credit as Money system
----------------------------
- Money to pay interest is not created;
Impossible to pay all debts
- loans get payed backed is a series
over a period of time
Flow
=====
- same rupee paid any number of times,
all legitimately representing the work
done
- real measure of economic activity
- multiplies the effective money in
circulation
- DBMS --> Money = Promises of future
productivity; interest = reduced future
spending power
- money instead of completing the flow
--> spend = earn; is invested for gains-
expected to grow for ever
Debt Based Monetary System
===========================
Twice lent money creates perpetual debt
DBS - Every money created is
extinguished as principle payment on the
debt that created it
Physical cash = 5 %; others = Bank
Credit (DBS)
ONly way to pay debt is constantly
increase the total amout of money in the
system
- more money = more debt
No Debt = No Money
Growth dependent Money System - When
growth levels off --> Destruction of
value - deflationary spiral of credit
defaults
Debt Jubilee - Debt forgiveness
- Money --> accounting of debt
Expansion and Contraction dependent upon
interest rates and borrowers willingness
- vulnerable to rapid expansion and
drastic shrinkage
- inevitable waves of boom and bust
-The Structure of this system gives
opportunity for Greed
Commodity-Based Money
======================
- prevents it from being created in
excess and backs it with real value
Fiat Money
==========
- back by law
- isn't worthless
- only becomes worthless when govt
creates too much of it
**Single Uniform Commodity - value
varies depending on quanity and demand
- concentrates wealth - accumulate more
money to lend
Bailout Scam
===============
FREEDOM - New Monetary System
=============================
E.C Riegel - 'The New Approach to
Freedom' 1949
Monetary Reform Movements
========
================
Gold
----
- impractical; need promises instead
- promises redeemable in food would be
much for worthful
- Gold doesn't need government but needs
miners
- Single Uniform Commodity - needs
perpetual growth
Fiat Monopoly
--------------
- National Government monopoly on money
creation
- simply spent into existence as a
promise by the state to accept the same
money as tax
- Govt instead today is borrowing this
money at interest instead of creating
itself
- No more National Debt
- taking money out of circulation
through taxes, preserves its value;
value = tax/spend; not taxing
sufficienty would devalue it
- Money supply still determined by
central authority -
- Government can spend it on
unproductive activities like war without
the approval of people whose productive
activities gives money its value
- Depends on Quality of People in
Government
- Single Uniform Commodity - lending at
interest; twice lent money
- MONEY CREATED BY LAW --> prices also
determined by law
- Pure Fiat Money in a free market is an
illusion
Self-issued credit
------------------
-Business to Business barter networks
-Suppressed by Banks
-Unreliablity
Digital Coins
=============
- reduce cost of transactions
- Money that is redeemable for something
specific from someone specific
- Self issued credit - Gold, Silver,
Govt Tax Receipts
Money is a Technology ; needs to be a
global measurement unit
- Canadian Tier Money
2008 Financial Crisis
======================
Fed Kept interest rates to Zero, Govt
encouraged dodge homeloans through
Fannie Mae and Freddie Mac
Asset Bubble Created - Housing prices
went up; Lenders bundled these loans and
sold them to investors who betted these
as derivatives
US production moved to china over time
Federal Reserve - Private Banking Cartel
*Richard C.Cook - Former analyst for
NASA, US Treasury Department &FDA,Carter
White house(exposed challenger coverup
by white house) "We Hold the truths, the
hope of monetary reform"
- said in october 2008
"They did it on purpose. The housing
bubble and its crash were engineered
from the highest levels of the U.S
Government, the Federal Reserve, and the
Financial Industry"
Cook plan
==========
- Issue money directly into the hands of
the public instead of bailout
; direct
introduction of purchasing power
1929 crisis - Ben Bernake accepted that
the Fed was responsible
BIS - Bank for International Settelments
========================================
"the most exclusive, secretive and
powerful supranational club in the
world"
- laundered Nazi Gold - accused by Czech
Us moved to liquidate it in Bretton
Woods I but failed
"Trading with the Enemy" Charles Higham
Carroll Quigley - Bill Clinton's mentor
at George Town University
"Tragedy and Hope: A History of the
World in Our Time(1966)"
-- "the international banksters"
--> to create a world system of
financial control in private hands able
to dominate the political sytems of each
country and the economy of the world as
a whole. This system was to be
controlled in a feudalist fashioin by
the central banks of the world acting in
concert, by secret agreements. apex of
this is BIS - a private bank/corporation
Monetary Reform
================
- The existing monetary system is not
free enterprise, its not capitalism, its
cancer
- Every dollar originates as debt;
interest charged on it; sucks value out
of the economy
Competitive Currencies?????
--------------------------
Saving
------
Tax Payers - Tax Eaters
Keeping Interest Rates artifically low
-----------------------
European Project - Franco-German
Alliance
Gold
----
Who owns gold - geopolitics
- venezuala, Iran, Russia, China
Global Financial System is ending
- elites who have long colluded( china
and US) are now fighting each other
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