Tag Archives: federal reserve

SDR’s and the New Bretton Woods – Part One

Some real heavy duty writings from this writer, JC Collins.  Link to part 2 in the bottom.

 

BRICS Inject Capital into I.M.F. Basket of Currencies

Jan 21, 2014

By JC Collins

In my previous post I briefly explained how China was in the process of assuming the liabilities of the Federal Reserve, in addition to their already held liabilities of the U.S. Treasury.  Such a strong statement will require even stronger evidence.  This I will attempt to achieve over this multi-part essay. 

one-world-currency

“The legislative process is underway right now. We want the reforms to be adopted expeditiously. It’s really the U.S. Treasury, Jack Lew and his team that’s taking the lead on getting these measures through the U.S. Congress that are required to implement the 2010 reforms.”

“Just to remind you what those are, the 2010 reforms do a couple things. One, they bring four dynamic emerging market countries into the top 10 shareholder ranks or what we call quota ranks of the institution. China, Brazil, Russia, India. It also doubles our permanent capital, the quota. And it also creates a fully elected Executive Board.” 

                          – William Murray, I.M.F. Deputy Spokesman, Jan 9, 2014.

“The IMF is explicit in its antidemocratic leanings, what it calls “political considerations”.  The SDR blueprint calls for the appointment of “an advisory board of eminent experts” to provide direction on the amount of money printing in the new SDR system.  Perhaps these “eminent experts” would be selected from among the same economists and central bankers who led the international monetary system to the brink of destruction in 2008.”

                                   – James Rickards, Currency Wars, Penguin Group, 2011

 _______________________________________________________________________________

G. Edward Griffin’s mind altering “The Creature from Jekyll Island” introduced many of us to the somewhat hidden history of the U.S. Federal Reserve.  It told of how the Federal Reserve Act was passed in Congress during the Christmas break in the year 1913.  It was insidious.  And it changed the course of human history, as it planted the seed of what would slowly grow to become the world’s reserve currency.

 

Though the U.S. dollar didn’t become the official reserve currency until the Bretton Woods Agreement of 1944, it is commonly accepted that the dollar had already usurped the British pound of this title well before it was officially acknowledged. As I believe the U.S. dollar has now already been usurped by another.  We’ll get back to that in a while.

There was another event which took place in the year 1913 which has been little understood or known at all in the western world today.  After the collapse of the Manchu Dynasty in 1911, the remaining Government of the Chinese Republic issued bonds to foreign investors for the purpose of raising capital to rebuild the country.  These bonds were titled the 1913 Chinese Government 5% Reorganization Gold Loan.  Emphasis on the word gold for later reference.

These bonds were pegged to the price of gold as a hedge against future inflation and were denominated in four currencies.  The underwriting banks for the bonds reflect the four currencies which the bonds were interchangeable with at the time, which are now known as HSBC, Deutsche Bank, the Bank of Tokyo-Mitsubishi UFJ, and Caylon – Credit Agricole Corporate and Investment Bank.

Keep in mind that these bonds were issued in the same context as the U.S. Treasury Bonds which the world’s central banks have been gobbling up since 1944. These bonds had a yield.  These bonds have never fully been acknowledged by the Chinese government.  As a part of the deal with the British government for the return of Hong Kong, the People’s Republic of China did honor 10% of the outstanding bonds at about 62% of the face value.  And what I can say at this time is that there is in fact a deal in the works for a final payout on the remaining bonds.  We’ll get back to that in a while.

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In 1944, as a part of the Bretton Woods system, the International Monetary Fund and the World Bank were created.  These were western dominated institutions whose sole purpose was organizing foreign markets for the acceptance of U.S. dollars.  We will leave the full explanation of these institutions and their role in structuring our current debt based system for another essay series, but for our purposes here, it’s important to understand that they propagated the exporting of dollar inflation to what we now call the “emerging markets”, or the BRICS countries.

Since the initial printing of the Federal Reserve Note (U.S. dollar) in 1913, the “dollar” has lost 95% of its value.  We see this devaluation of the dollar as inflation, or the increase of costs for items we buy.  This devaluation of the dollar has had a few milestones.  One is after the Bretton Woods Agreement when the dollar became the primary reserve currency of the world.  The second came when President Richard Nixon uncoupled the dollar from its peg with gold.  This was in 1971.  A third milestone can be argued to be in 1973, when the so called “petrodollar” was created with agreements between the U.S. and Saudi Arabia, and later all the OPEC countries.  This “petrodollar” scheme ensured that all oil trades were completed internationally in U.S. dollars.  This was a slight-of-hand from the Bretton Woods arrangement to the “petrodollar” arrangement.

A fourth milestone was obviously the onset of Quantitative Easing after the financial crisis of 2008.  The chart below clearly shows how with each milestone the amount of debt (money printing) by the U.S. Treasury and Federal Reserve tag team has been multiplied dramatically leading to inflation.  This is shown by an increase in the red line, which represents CPI – Consumer Price Index, the amount you pay for stuff.

20131212_Fed1

The only end to this pattern is an end to the dollar as the world’s primary reserve currency.  Just like the British pound before it.  In the chart below you’ll notice the same gradual downward pattern as the U.S. dollar.

BritishPound1791-2004NOTES

The central banks of the world were buying up U.S. treasuries before the British even accepted that there was a problem with the pound.  The same is happening today with the dollar.  In fact, most of the world outside the United States has already accepted the demise of the dollar as fact.  But the idea is unfathomable to the average American.

The International Monetary Fund issues a currency called SDR – Special Drawing Rights.  The SDR’s are valued on a basket of currencies.  In essence, it’s a true to life multiply reserve currency system.  It has been slowly built up since the early 1970’s, at the same time the U.S. dollar started its serious devaluation.  Could the plan have been in place since 1971 to end the dollar system through hyperinflation before implementing the SDR as a true world currency?  Perhaps.

On January 9, 2014, I.M.F. Deputy Spokesman William Murray was giving a press briefing.  With zero coverage of this briefing in the western media, it’s important to relay what happened when the questioned was asked about the implementation of the 2010 Code of Reforms, or Governance Reforms.  Mr. Murray answered by stating:

“The legislative process is underway right now. We want the reforms to be adopted expeditiously. It’s really the U.S. Treasury, Jack Lew and his team that’s taking the lead on getting these measures through the U.S. Congress that are required to implement the 2010 reforms.”

It seems both the U.S. Treasury and the I.M.F. are very anxious about these reforms.  So what are they?

“Just to remind you what those are, the 2010 reforms do a couple things. One, they bring four dynamic emerging market countries into the top 10 shareholder ranks or what we call quota ranks of the institution. China, Brazil, Russia, India. It also doubles our permanent capital, the quota. And it also creates a fully elected Executive Board.” 

This tells us a few important things.  One, the influence of the BRICS countries within the structure of the I.M.F. is going to be greatly expanded.  As stated, they will be in the top 10 shareholder ranks.  These are positions previously dominated by western financial and U.S. dollar interests.  The gravity of this statement cannot be understated.

Second, it’s telling us that the BRICS countries are bringing capital with them.  Enough capital in fact, to double what the I.M.F. presently holds on reserve.  The BRICS countries will be injecting a huge amount of capital into the SDR system.  One only has to research the amount of gold being exported to the BRICS countries, especially China, to understand where this capital, or worth, will come from.  We’ll get back to that in a while.

Thirdly, expanding the influence of the BRICS countries within the structure of the I.M.F. also “creates a fully elected Executive Board”.  The Executive Board of the I.M.F. is responsible for SDR allocation.  Let that sink in for a moment.  The BRICS countries are going to have an equal say on SDR allocation.  The SDR is being built up as the world’s reserve currency.  The value of the SDR will be based on a basket of currencies.  And the U.S. Treasury is pushing congress to make this happen.

On August 5, 2013, the Peoples Bank of China called for a “New Bretton Woods” system where the U.S. dollar would be removed as the world’s primary reserve currency.  It also called for an expanded usage of the SDR and for the new system to be supported by gold.

In Part Two, we will explore how the U.S. debt, being the liabilities of both the Treasury and the Federal Reserve, will be consolidated with the treasury bonds held by China and rolled into the new SDR system.        – JC Collins

Continue to SDR’s and the New Bretton Woods – Part Two

http://philosophyofmetrics.com/2014/01/21/sdrs-and-the-new-bretton-woods-part-one/

America’s Karma and World War Two Gold Theft

 

source:  http://philosophyofmetrics.com/2014/01/30/americas-karma-and-world-war-two-gold-theft/

And the Gold Recovery Attempts of the Korean and Vietnam Wars

Jan 30, 2014

By JC Collins

Missouri_Fires_16inch_Broadside!

This essay serves as an Addendum to one of my previous posts titled “China to Purchase the Federal Reserve”.  The article itself has generated a lot of interest and many questions.  Such things are not easy to prove and take book length discourses to fully understand and grasp the complexity of not just the process, but also the history behind it.  Such are the expectations of pivotal events.

Let’s back track 100 years to 1913 and the creation of the Federal Reserve.  The Fed was set up as the central bank of the United States.  It has a 100 year mandate (there are questions about extensions) and quickly went to work printing money and building up the American war machine for World War One which began the very next year.

 

The hidden purpose of World War One was the take down of one of the two last monarchies in Europe.  The Austro-Hungarian Empire was a “dual monarchy” created in 1867 as an agreement between Hungary and Austria for the purpose of defense against the onslaught of revolutions initiated by banking powers.  These revolutions started with the French Revolution as a means to overthrow Europe’s monarchy’s and plant the design of the modern state in the minds of the people.  The form of government and banking systems that spewed forth from this injustice slowly crawled from country to country, digging its roots into the industries and cultures of the conquered lands.

The second monarchy was Russia.  Also by design, the bankers created dismal economic conditions within Russia which in turn, through propaganda, was blamed on the Romanov royal family.  This, as we know, led to the Bolshevik Revolution and the installation of the synthesis to democracies thesis, communism.  See my previous post for a brief explanation on the usage of the Hegelian Dialectic.

The bankers quickly went to work in Austria on a plan to economically destroy Germany and build it back up as the Third Reich.  Similar patterns were unfolding in Asia with the rise of Imperial Japan.

World War Two officially began in September of 1939.  Like World War One, there was a hidden purpose.  This time it was the theft of gold held in both Europe and Asia.  The lands conquered by both armies were stripped of their gold reserves which were then sent back to the vaults of the western banks.  Most of this gold eventually ended up in Fort Knox as both official and unofficial gold deposits of the Federal Reserve System.  There is plenty of information available on Nazi Gold to satisfy the inquisitive mind so I will not elaborate here.

Gold Storage

Once the gold hoards were shipped west, America finally became embroiled in the war to help clean up the debris left over from the bankers gold theft.  This afforded the bankers another opportunity to earn great returns as they funded both sides of the war and literally made a killing.

But the Japanese did something unexpected.  They hid some of the gold in the tunnels and caves of the lands they conquered in Asia.  The bankers quickly caught on to this scam riding under their scam and became furious enough to drop two atomic bombs on Japan.  Fat Man and Little Boy aside, the bankers never got the gold and it was quietly moved into other locations.  Most likely it never stayed in one place for too long.

Not to be deterred, the bankers continued to build up their war machine into the American military industrial complex and set it loose upon Korea and eventually Vietnam in search of the Yamashita Gold.

There are many reasons why the bankers wanted this gold.  Traditionally gold moves towards regions that manufacture and the western world was modernizing with manufacturing as the driving force.  In order for manufacturing to continue increasing, it needed funding.  Funding came from the debt creation system that put money into circulation.  In order to print more debt, somebody needed to hold it.  The U.S. could not hold all the debt within the country because it would cause too much inflation.  As such, inflation needed to be exported to countries with markets which had been “engineered” specifically to import that inflation.  Obviously the people of these countries suffered the inflation through poor living standards and working conditions.

Note:  This is exactly what has been happening and will continue to happen in America as manufacturing has fled its shores too cheaper markets.  The gold soon followed and the living and working conditions have been getting poorer and poorer for the majority of average Americans.  This is the karma which is being exacted upon America for endless war and debauchery.

vietnam-war-rare-incredible-pictures-history

The history of our world and its wars is the history of the movement of gold.  From ancient Babylon to today, gold is the backbone of development and economic security.  Anything you hear different is simply propaganda spewing forth from the feces spigots of television sellouts who are milking an almost empty system before discarding the carcass upon the heap of history.

Gold is on the move once again.  In a big way.  Much of it going to the Chinese government and the People’s Bank of China.  Things have increased even more dramatically in the last few weeks as the Shanghai Gold Exchange has had 159 tons of gold withdrawn since January 1st. The JP Morgan gold vault has seen 44% of its inventories depleted just in the last 4 days.  Let’s not forget that the JP Morgan vault is now owned by China. Where is this gold going?

China has been setting up gold vaults throughout Asia. Vaults will not sit empty for long.

The new economic system being slowly implemented through the I.M.F. with the support of China is paying greater attention to the geographical locations of central bank gold vaults.  These locations will be in the ASEAN members as well as mainland China.  Some of the countries importing gold into central bank vaults are Vietnam, the Philippines, Singapore, Thailand, and Indonesia.

The gold which was stolen is being returned.  It took a world war to get the gold but there will be no war to get it back.  It’s already moving.  This deserves repeating, there will be no major war over this gold movement.

In the near future the Comox will no longer price gold as the Shanghai Gold Exchange will set the fixed rates along with the I.M.F. SDR framework agreements. Gold trade settlements will be structured in SDR’s but managed through the Shanghai Free Trade Zone.  From there we drop another level to the RCEP, or Regional Comprehensive Economic Partnership, comprised of the ASEAN members as well as Japan (no war with China), South Korea, Australia, New Zealand, and India.

In a future essay I will be focusing on the re-emergence of Vietnam into the global economy.  But for now I’d like to bring notice to the fact that their economic growth is astounding with a middle class that is swelling and an economy that is attracting huge investment.  Vietnam has the lowest unemployment rate on the planet. Samsung is moving its factories into Vietnam.  Russia has signed an agreement with Vietnam to build a $28 Billion oil refinery, the second largest in all of Asia, with more to come.  Even Starbucks is getting into the Vietnam craze.

Hanoi vietnam city

The Vietnamese people hold 300 to 400 tonnes of personal gold.  That is equal to or greater than the gold holdings of Great Britain. The State Bank of Vietnam is planning on converting this gold into dong deposits with the intent of strengthening the currency.  Add this to the gold that will be imported into the vaults of the central bank through the Shanghai Gold Exchange, and you have the makings of a very strong regional power.  I would suspect that Vietnam will become a contributing member too the BRICS Development Bank and the SDR compositions for the region.

A long way Vietnam has come from the American military onslaught and attempted Yamashita gold theft.  It’s almost fitting that the small country and its people which were bombed and killed by the Federal Reserve military machine will now be the partial holder of the official gold that once sat within the hollowed walls of the now empty Fort Knox.

Could this be the ultimate triumph of Confucianism over Platonism? The shame of the Asian Confucian cultures once subjected to the western idealism of Plato. And now the guilt that the west must feel as the karma is balanced.

And now the Federal Reserve System is almost dead, as the Chinese pick at the bones of what was once their tormentor.  The new Federal Reserve will issue the U.S. foreign bonds in the form of SDR compositions.  These bonds will be for international use only.  The Trans Pacific Partnership will be the pipeline for these international SDR’s as they are spewed forth from the Federal Reserve.  The allocation will be structured around the SDR basket compositions as I’m detailing in “SDR’s and the New Bretton Woods”.

The internal U.S. dollar will be issued through the Treasury.  Guess who will purchase these bonds?  If you guessed your pension fund, then you’re on the right track.  The timing of the MyRA announcement was not coincidental.  Nothing is.  – JC

http://philosophyofmetrics.com/2014/01/30/americas-karma-and-world-war-two-gold-theft/

go read some other articles on that site, good stuff.

The REAL Story of How We Got Here – Part 1

 

Thanks for the heads up, Jackie.

 

Bix Weir

  

We are standing on the very cusp of Greatness. What lies directly ahead of us is something that has been planned since before the inception of the US Federal Reserve system in December 1913. The more we understand about what happened in our past the more we will understand why we must go through this very painful transition. It is the only way to find the Greatness that was meant for our nation…as well as the human race.

The following is a brief history of what I think happened over these last 100 years in the United States. It pulls together many conspiracy theories and tears apart others. I am not going to link the information that proves my theory correct in this article because it would take too long and distract from the story but it is all proven in the pages of the Road to Roota website. It can all be found in the archive links at the bottom of each section. Or, if you don’t want to read everything, just search for the topic you are interested in and you will find what you need.

*Ultimately, there will be those of you who do not believe what I am about to tell you and I respect that. But I do ask that before you discount this version of our past that you take a good hard look at all my research and evidence. I have found that when people take the time to understand the Road to Roota Theory they have an entirely new view on what is happening now and what is about to transpire.

WHAT FOLLOWS IS MY STORY OF WHAT I THINK HAPPENED.

In the late 1800’s an explorer in the Grand Canyon came across the largest  gold deposit ever discovered in the history of the world. It was located in the side of a shear cliff within one of the canyon walls. In addition there were vast amounts of gold flakes in the river banks and silt mounds surrounding the seam.  This bounty of gold was so vast that it defied logic. Unfortunately for the explorer, it was very hard to access at that time making the recovery of the gold on a large scale practically impossible. It was also surrounded by sacred lands of the American Indians who defended this sacred canyon with their lives. 

Word got out about this discovery and mining plans were being drawn up, financed by wealthy and powerful people out of Chicago. By the early 1900’s railroad tracks were laid, bridges and roads were built as vast construction  was underway with large mining equipment being set up to process and excavate the gold.

On June 19, 1912 this amazing gold find was announced to the world in an article in the New York Times.

  

After word got out, the ramifications of this gigantic treasure began to sink in. The rich and powerful had come to the conclusion that this amount of gold COULD UPHEND THE WORLD’S FINANCIAL STRUCTURE IF ALLOWED TO BE MINED. They were right and here’s why…

In the early 1900’s the world was on a Gold & Silver Standard meaning that almost every country around the world used gold and silver as money. That was all they had as money…coins and bars of gold and silver. All paper financial transactions were also backed by gold and silver held on account at a bank.  There were no electronic blips sitting on some computer hard drive to tell you how rich you were. There were stacks of gold and silver coins in which a person’s wealth was safely stored. At the time also, silver was in abundance because there were no electronic or industrial applications that consumed silver. Silver’s value and use was as money. Not only that but silver was easy to mine as it tends to be found in very shallow earth deposits. The world was floating in billions of ounces of silver and most of it was in use as money.

Gold on the other hand was fairly rare. It was held by nations and kings and royalty. Only the wealthiest of wealthy held large quantities of gold and they hoarded it and coveted it above all else. Gold was what separated them from the working class who transacted commerce in the abundant silver monetary instruments. Gold is what made the rich and powerful…well, Rich and Powerful.

So when the world heard about the vast gold find in the Grand Canyon those who ran the world at the time were frightened. The rumors were that hundreds of thousands, if not millions, of tons of gold may come into circulation from this excavation. The rich and powerful were afraid that if the world became awash in GOLD then the value of their fortunes would be slashed dramatically…along with their power. And they were right. But they also knew that it would massively disrupt the social order for the common man as centuries of commerce using gold had divided the wealth fairly well amongst all classes of people even if the rich had the most. There was a certain structure and harmony in the monetary system that was working for the most part.

So scenarios were put before the leaders of the United States in which the banks showed how an influx of this quantity of currency could destroy the country by disrupting the social order that was accepted and ran smoothly. Although the rich had the most to lose, everyone would be drastically affected.

Ultimately, the banker’s theories were accepted and the mining project was halted immediately. The sacred ground where this fortune lies was then sequestered by the United States. It was put into a cordoned off area of the Grand Canyon and is heavily guarded by the US Military to the present day. This treasure has been lying in wait for over 100 years. Every crooked US President since its discovery has tried to open this area up to extract the gold but those in Congress sworn to protect this treasure have held them off and still do to this day.

Back to the early 1900’s…

Knowing that the United States held this vast amount of unprocessed gold will help you understand many of the seemingly unconstitutional events that have transpired over all this time. The creation of the Federal Reserve Bank for example. Ever since the United States was founded the Banksters had been trying to get their hands on the purse strings of our young and free nation but to no avail. The US knew what the Banksters were up to and structured our founding documents such that their usurpation of our nation would be difficult for them if not impossible.

So they thought.

It was the Bankers that came up with the plan of how to handle the sudden potential disruption of the monetary supply of the world. They would handle this “problem” through the creation of the US Federal Reserve Bank and carefully control the global monetary system such that it wouldn’t be affected by any massive increases or decreases in the supply of money (gold). From that cold December evening in 1913 when the Federal Reserve Act was passed by just a handful of Congressmen, the Fed has been tasked with CONTROLLING the PERCEPTION of the quantity and value of gold for our country…and the world.

More in Part 2 which will be posted …SOON!

*If any of this seems fanciful to you PLEASE use the search function on the RoadtoRoota website and you will find all the backup documentation…CUZ IT’S ALL TRUE!

Bix Weir www.RoadtoRoota.com

*IMPORTANT READ FOR PRIVATE ROAD MEMBERS:

Get out of Gold and into Silver Now! http://www.roadtoroota.com/members/817.cfm

Swiss Bankers, BIS and The House Of Rockefeller

In 2009 corporate leviathans such as Bank of America, General Electric and Exxon Mobil paid no US federal taxes.  Exxon’s net profit for that year was over $45 billion.  It utilized subsidiaries in the British Crown-controlled Bahamas, Bermuda and Cayman Islands to dodge the IRS.

What else is new, keep reading…

by Dean Henderson,   Jan 23, 2014

Three years ago Rudolf M. Elmer, former head of the Cayman Islands office of the prominent Swiss bank Julius Baer, announced that he had handed over to Wikileaks information on 2,000 prominent individuals and companies that he says engaged in tax evasion and other criminal activity.  Elmer described those exposed as “pillars of society”.

The utilization of Eurodollar offshore bank accounts by the super-rich costs cash-strapped governments around the world trillions of dollars in annual revenue.  In 1963 the Eurodollar market was worth around $148 million.  By 1982 it was worth $2 trillion, while the US M-1 money supply stood at $442 billion.

In 1950 US corporations footed 26% of the total US tax bill.  By 1990 they were covering only 9%, contributing to massive budget deficits and the current $14 trillion US debt.  In 2009 corporate leviathans such as Bank of America, General Electric and Exxon Mobil paid no US federal taxes.  Exxon’s net profit for that year was over $45 billion.  It utilized subsidiaries in the British Crown-controlled Bahamas, Bermuda and Cayman Islands to dodge the IRS.

These opaque offshore Eurodollar markets also launder Saudi petrodollars, CIA drug money and Mossad arms profits.  Illicit funds come out squeaky clean on the balance sheets of the global mega-banks.  Secretive Swiss banks play a key role.  The most powerful is the Bank for International Settlements (BIS).

BIS was established in Basel, Switzerland in 1930.  It is the most powerful bank in the world, a global central bank for the Eight Families who control the private central banks of nearly every nation. The first President of BIS was Rockefeller banker Gates McGarrah – an official at Chase Manhattan and the Federal Reserve.  McGarrah is the grandfather of former CIA director Richard Helms.  The Rockefellers and Morgans – had close ties to the City of London.  Author David Icke asserts in Children of the Matrix that the Rockefellers and Morgans were just American “gofers” for the European Rothschilds.

BIS is owned by the Federal Reserve, Bank of England, Bank of Italy, Bank of Canada, Swiss National Bank, Nederlandsche Bank, Bundesbank and Bank of France.  Historian Carroll Quigley says BIS was part of a plan, “to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole…to be controlled in a feudalistic fashion by the central banks of the world acting in concert by secret agreements.”

The US government had a historical distrust of BIS, lobbying unsuccessfully for its demise at the 1944 post-WWII Bretton Woods Conference.  Instead the Eight Families’ power was exacerbated, with the Bretton Woods creation of the IMF and the World Bank.  The US Federal Reserve only took shares in BIS in September 1994.  BIS holds at least 10% of monetary reserves for at least 80 of the world’s central banks, the IMF and other multilateral institutions.  It serves as financial agent for international agreements, collects information on the global economy and serves as lender of last resort to prevent global financial collapse.

BIS promotes an agenda of monopoly capitalist fascism.  It gave a bridge loan to Hungary in the 1990’s to ensure privatization of that country’s economy.  It served as conduit for Illuminati funding of Adolf Hitler- led by the Warburg’s J. Henry Schroeder and Mendelsohn Bank of Amsterdam.  Many researchers assert that BIS is at the nadir of global drug money laundering.

In 2009 corporate leviathans such as Bank of America, General Electric and Exxon Mobil paid no US federal taxes.  Exxon’s net profit for that year was over $45 billion.  It utilized subsidiaries in the British Crown-controlled Bahamas, Bermuda and Cayman Islands to dodge the IRS.

It is no coincidence that BIS is headquartered in Switzerland, favorite hiding place for the wealth of the global aristocracy and headquarters for both the P-2 Freemason Alpina Lodge and Nazi International.

Bretton Woods was a boon to the Eight Families.  The IMF and World Bank were central to this “new world order”.  In 1944 the first World Bank bonds were floated by Morgan Stanley and First Boston.  The French Lazard family became more involved in House of Morgan interests.  Lazard Freres- France’s biggest investment bank- is owned by the Lazard and David-Weill families- old Genoese banking scions represented by Michelle Davive.  A recent Chairman and CEO of Citigroup was Sanford Weill.

In 1968 Morgan Guaranty launched Euro-Clear, a Brussels-based bank clearing system for Eurodollar securities.  It was the first such automated endeavor.  Some took to calling Euro-Clear “The Beast”.  Brussels serves as headquarters for the new European Central Bank and for NATO.  In 1973 Morgan officials met secretly in Bermuda to illegally resurrect the old House of Morgan, twenty years before the Glass Steagal Act was repealed.  Morgan and the Rockefellers provided the financial backing for Merrill Lynch, boosting it into the Big 5 of US investment banking.  Merrill is now part of Bank of America.

<img alt=”” src=”https://andyflorida.files.wordpress.com/2014/01/489cd-equitable2btrust2bco2bposter.jpg” width=”199″ height=”279″ align=”left” />John D. Rockefeller employed his oil wealth in acquiring Equitable Trust, which had gobbled up several large banks and corporations by the 1920’s.  The Great Depression helped consolidate Rockefeller’s power.  His Chase Bank merged with Kuhn Loeb’s Manhattan Bank to form Chase Manhattan, cementing a long-time family relationship.

The Kuhn-Loebs and Rothschilds financed Rockefeller’s quest to become king of the oil patch.  National City Bank of Cleveland provided John D. with the money needed to embark upon his monopolization of the US oil industry.  The bank was identified in Congressional hearings as being one of three Rothschild-owned banks in the US during the 1870’s, when Rockefeller first incorporated as Standard Oil of Ohio.

One Rockefeller Standard Oil partner was Edward Harkness, whose family came to control Chemical Bank.  Another was James Stillman, whose family came to control Manufacturers Hanover Trust.  Both banks are now part of JP Morgan Chase.  Two of James Stillman’s daughters married two of William Rockefeller’s sons.  These two families control Citigroup.

In the insurance business, the Rockefellers control Metropolitan Life, Equitable Life, Prudential and New York Life.  Rockefeller banks control 25% of all assets of the 50 largest US commercial banks and 30% of all assets of the 50 largest insurance companies.  Insurance companies- the first in the US was launched by Freemasons through their Woodman’s of America- play a key role in the Bermuda drug money shuffle.

As their oil wealth amassed the family moved into downstream investments, buying companies which manufactured oil-based products.  For example, according to Nexus New Times magazine, the Rockefellers control 40% of the global pharmaceutical industry.

Other companies under Rockefeller control include Exxon Mobil, Chevron Texaco, BP Amoco, Marathon Oil, Freeport McMoRan, Quaker Oats, ASARCO, United, Delta, Northwest, ITT, International Harvester, Xerox, Boeing, Westinghouse, Hewlett-Packard, Honeywell, International Paper, Pfizer, Motorola, Monsanto, Union Carbide and General Foods.

The Rockefeller Foundation has close financial ties to both the Ford and Carnegie Foundations.  Other family philanthropic endeavors include Rockefeller Brothers Fund, Rockefeller Institute for Medical Research, General Education Board, Rockefeller University and the University of Chicago- which churns out a steady stream of far-right economists such as Milton Friedman, who serve as apologists for international capital.

BIS holds at least 10% of monetary reserves for at least 80 of the world’s central banks, the IMF and other multilateral institutions.  It serves as financial agent for international agreements, collects information on the global economy and serves as lender of last resort to prevent global financial collapse.

The family owns 30 Rockefeller Plaza, where the national Christmas tree is lighted every year, and Rockefeller Center.  David Rockefeller was instrumental in the construction of the World Trade Center towers.  The main Rockefeller family home is a hulking complex in upstate New York known as Pocantico Hills.  They also own a 32-room 5th Avenue duplex in Manhattan, a mansion in Washington, DC, Monte Sacro Ranch in Venezuela, coffee plantations in Ecuador, several farms in Brazil, an estate at Seal Harbor, Maine and resorts in the Caribbean, Hawaii and Puerto Rico.

The Dulles and Rockefeller families are cousins.  Allen Dulles created the CIA, assisted the Nazis, covered up the Kennedy hit from his Warren Commission perch and struck a deal with the Muslim Brotherhood to create mind-controlled assassins.  Brother John Foster Dulles presided over the phony Goldman Sachs trusts before the 1929 stock market crash and helped his brother overthrow leftist governments in Iran and Guatemala.  Both were Skull & Bones, CFR members and 33rd Degree Masons.

The Rockefellers were instrumental in forming the depopulation-oriented Club of Rome at their family estate in Bellagio, Italy.  Their Pocantico Hills estate gave birth to the Trilateral Commission.  The family is a major funder of the eugenics movement which spawned Hitler, human cloning and the current DNA obsession in US scientific circles.  John Rockefeller Jr. headed the Population Council until his death.

His namesake son is a Senator from West Virginia.  Brother Winthrop Rockefeller was Lieutenant Governor of Arkansas and is the most powerful man in that state.  In an October 1975 interview with Playboy magazine, Vice-President Nelson Rockefeller – who was also Governor of New York – articulated his family’s patronizing worldview,

“I am a great believer in planning – economic, social, political, military – total world <img alt=”” src=”http://www.ualrexhibits.org/rockefeller/wp-content/uploads/2012/04/WR0025acc.jpg” width=”273″ height=”216″ align=”right” />planning.”

But of all the Rockefeller brothers, it is Trilateral Commission (TC) founder and Chase Manhattan Chairman David who has spearheaded the family’s fascist agenda on a global scale.  He defended the Shah of Iran, the South African apartheid regime and the Chilean Pinochet junta.  He was the biggest financier of the CFR, the TC and (during the Vietnam War) the Committee for an Effective and Durable Peace in Asia- a contract bonanza for war profiteers.

Nixon asked him to be Secretary of Treasury, but Rockefeller declined the job, knowing his power was much greater at the helm of the Chase.  According to writer Gary Allen, in 1973, “David Rockefeller met with twenty-seven heads of state, including the rulers of Russia and Red China.”  Following the 1975 Nugan Hand/CIA coup against nationalist Australian Prime Minister Gough Whitlam, British Crown-appointed successor Malcolm Fraser sped to the US, where he met with President Gerald Ford only after conferring with David Rockefeller.

The documents which Mr. Elmer turned over to WikiLeaks will shed some light on certain “pillars of society”.  But don’t be surprised if the really big fish swim away with the bait.

Source:   http://www.veteranstoday.com/2014/01/23/swiss-bankers-bis-and-the-house-of-rockefeller/

 

On The 100th Anniversary Of The Federal Reserve Here Are 100 Reasons To Shut It Down Forever

Submitted by Michael Snyder of The Economic Collapse blog,

December 23rd, 1913 is a date which will live in infamy.  That was the day when the Federal Reserve Act was pushed through Congress.  Many members of Congress were absent that day, and the general public was distracted with holiday preparations.  Now we have reached the 100th anniversary of the Federal Reserve, and most Americans still don’t know what it actually is or how it functions.  But understanding the Federal Reserve is absolutely critical, because the Fed is at the very heart of our economic problems.  Since the Federal Reserve was created, there have been 18 recessions or depressions, the value of the U.S. dollar has declined by 98 percent, and the U.S. national debt has gotten more than 5000 times larger.  This insidious debt-based financial system has literally made debt slaves out of all of us, and it is systematically destroying the bright future that our children and our grandchildren were supposed to have.  If nothing is done, we are inevitably heading for a massive amount of economic pain as a nation.  So please share this article with as many people as you can.  The following are 100 reasons why the Federal Reserve should be shut down forever…

#1 We like to think that we have a government “of the people, by the people, for the people”, but the truth is that an unelected, unaccountable group of central planners has far more power over our economy than anyone else in our society does.

#2 The Federal Reserve is actually “independent” of the government.  In fact, the Federal Reserve has argued vehemently in federal court that it is “not an agency” of the federal government and therefore not subject to the Freedom of Information Act.

#3 The Federal Reserve openly admits that the 12 regional Federal Reserve banks are organized “much like private corporations“.

#4 The regional Federal Reserve banks issue shares of stock to the “member banks” that own them.

#5 100% of the shareholders of the Federal Reserve are private banks.  The U.S. government owns zero shares.

#6 The Federal Reserve is not an agency of the federal government, but it has been given power to regulate our banks and financial institutions.  This should not be happening.

#7 According to Article I, Section 8 of the U.S. Constitution, the U.S. Congress is the one that is supposed to have the authority to “coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures”.  So why is the Federal Reserve doing it?

#8 If you look at a “U.S. dollar”, it actually says “Federal Reserve note” at the top.  In the financial world, a “note” is an instrument of debt.

#9 In 1963, President John F. Kennedy issued Executive Order 11110 which authorized the U.S. Treasury to issue “United States notes” which were created by the U.S. government directly and not by the Federal Reserve.  He was assassinated shortly thereafter.

#10 Many of the debt-free United States notes issued under President Kennedy are still in circulation today.

#11 The Federal Reserve determines what levels some of the most important interest rates in our system are going to be set at.  In a free market system, the free market would determine those interest rates.

#12 The Federal Reserve has become so powerful that it is now known as “the fourth branch of government“.

#13 The greatest period of economic growth in U.S. history was when there was no central bank.

#14 The Federal Reserve was designed to be a perpetual debt machine.  The bankers that designed it intended to trap the U.S. government in a perpetual debt spiral from which it could never possibly escape.  Since the Federal Reserve was established 100 years ago, the U.S. national debt has gotten more than 5000 times larger.

#15 A permanent federal income tax was established the exact same year that the Federal Reserve was created.  This was not a coincidence.  In order to pay for all of the government debt that the Federal Reserve would create, a federal income tax was necessary.  The whole idea was to transfer wealth from our pockets to the federal government and from the federal government to the bankers.

#16 The period prior to 1913 (when there was no income tax) was the greatest period of economic growth in U.S. history.

#17 Today, the U.S. tax code is about 13 miles long.

#18 From the time that the Federal Reserve was created until now, the U.S. dollar has lost 98 percent of its value.

#19 From the time that President Nixon took us off the gold standard until now, the U.S. dollar has lost 83 percent of its value.

#20 During the 100 years before the Federal Reserve was created, the U.S. economy rarely had any problems with inflation.  But since the Federal Reserve was established, the U.S. economy has experienced constant and never ending inflation.

#21 In the century before the Federal Reserve was created, the average annual rate of inflation was about half a percent.  In the century since the Federal Reserve was created, the average annual rate of inflation has been about 3.5 percent.

#22 The Federal Reserve has stripped the middle class of trillions of dollars of wealth through the hidden tax of inflation.

#23 The size of M1 has nearly doubled since 2008 thanks to the reckless money printing that the Federal Reserve has been doing.

#24 The Federal Reserve has been starting to behave like the Weimar Republic, and we all remember how that ended.

#25 The Federal Reserve has been consistently lying to us about the level of inflation in our economy.  If the inflation rate was still calculated the same way that it was back when Jimmy Carter was president, the official rate of inflation would be somewhere between 8 and 10 percent today.

#26 Since the Federal Reserve was created, there have been 18 distinct recessions or depressions: 1918, 1920, 1923, 1926, 1929, 1937, 1945, 1949, 1953, 1958, 1960, 1969, 1973, 1980, 1981, 1990, 2001, 2008.

#27 Within 20 years of the creation of the Federal Reserve, the U.S. economy was plunged into the Great Depression.

#28 The Federal Reserve created the conditions that caused the stock market crash of 1929, and even Ben Bernanke admits that the response by the Fed to that crisis made the Great Depression even worse than it should have been.

#29 The “easy money” policies of former Fed Chairman Alan Greenspan set the stage for the great financial crisis of 2008.

#30 Without the Federal Reserve, the “subprime mortgage meltdown” would probably never have happened.

#31 If you can believe it, there have been 10 different economic recessions since 1950.  The Federal Reserve created the “dotcom bubble”, the Federal Reserve created the “housing bubble” and now it has created the largest bond bubble in the history of the planet.

#32 According to an official government report, the Federal Reserve made 16.1 trillion dollars in secret loans to the big banks during the last financial crisis.  The following is a list of loan recipients that was taken directly from page 131 of the report…

Citigroup – $2.513 trillion Morgan Stanley – $2.041 trillion Merrill Lynch – $1.949 trillion Bank of America – $1.344 trillion Barclays PLC – $868 billion Bear Sterns – $853 billion Goldman Sachs – $814 billion Royal Bank of Scotland – $541 billion JP Morgan Chase – $391 billion Deutsche Bank – $354 billion UBS – $287 billion Credit Suisse – $262 billion Lehman Brothers – $183 billion Bank of Scotland – $181 billion BNP Paribas – $175 billion Wells Fargo – $159 billion Dexia – $159 billion Wachovia – $142 billion Dresdner Bank – $135 billion Societe Generale – $124 billion “All Other Borrowers” – $2.639 trillion

#33 The Federal Reserve also paid those big banks $659.4 million in “fees” to help “administer” those secret loans.

#34 During the last financial crisis, big European banks were allowed to borrow an “unlimited” amount of money from the Federal Reserve at ultra-low interest rates.

#35 The “easy money” policies of Federal Reserve Chairman Ben Bernanke have created the largest financial bubble this nation has ever seen, and this has set the stage for the great financial crisis that we are rapidly approaching.

#36 Since late 2008, the size of the Federal Reserve balance sheet has grown from less than a trillion dollars to more than 4 trillion dollars.  This is complete and utter insanity.

#37 During the quantitative easing era, the value of the financial securities that the Fed has accumulated is greater than the total amount of publicly held debt that the U.S. government accumulated from the presidency of George Washington through the end of the presidency of Bill Clinton.

#38 Overall, the Federal Reserve now holds more than 32 percent of all 10 year equivalents, and that percentage is rising by about 0.3 percent each week.

#39 Quantitative easing creates financial bubbles, and when quantitative easing ends those bubbles tend to deflate rapidly.

#40 Most of the new money created by quantitative easing has ended up in the hands of the very wealthy.

#41 According to a prominent Federal Reserve insider, quantitative easing has been one giant “subsidy” for Wall Street banks.

#42 As one CNBC article recently stated, we are seeing absolutely rampant inflation in “stocks and bonds and art and Ferraris“.

#43 Donald Trump once made the following statement about quantitative easing: “People like me will benefit from this.

#44 Most people have never heard about this, but a very interesting study conducted for the Bank of England shows that quantitative easing actually increases the gap between the wealthy and the poor.

#45 The gap between the top one percent and the rest of the country is now the greatest that it has been since the 1920s.

#46 The mainstream media has sold quantitative easing to the American public as an “economic stimulus program”, but the truth is that the percentage of Americans that have a job has actually gone down since quantitative easing first began.

#47 The Federal Reserve is supposed to be able to guide the nation toward “full employment”, but the reality of the matter is that an all-time record 102 million working age Americans do not have a job right now.  That number has risen by about 27 million since the year 2000.

#48 For years, the projections of economic growth by the Federal Reserve have consistently overstated the strength of the U.S. economy.  But every single time, the mainstream media continues to report that these numbers are “reliable” even though all they actually represent is wishful thinking.

#49 The Federal Reserve system fuels the growth of government, and the growth of government fuels the growth of the Federal Reserve system.  Since 1970, federal spending has grown nearly 12 times as rapidly as median household income has.

#50 The Federal Reserve is supposed to look out for the health of all U.S. banks, but the truth is that they only seem to be concerned about the big ones.  In 1985, there were more than 18,000 banks in the United States.  Today, there are only 6,891 left.

#51 The six largest banks in the United States (JPMorgan Chase, Bank of America, Citigroup, Wells Fargo, Goldman Sachs and Morgan Stanley) have collectively gotten 37 percent larger over the past five years.

#52 The U.S. banking system has 14.4 trillion dollars in total assets.  The six largest banks now account for 67 percent of those assets and all of the other banks account for only 33 percent of those assets.

#53 The five largest banks now account for 42 percent of all loans in the United States.

#54 We were told that the purpose of quantitative easing is to help “stimulate the economy”, but today the Federal Reserve is actually paying the big banks not to lend out 1.8 trillion dollars in “excess reserves” that they have parked at the Fed.

#55 The Federal Reserve has allowed an absolutely gigantic derivatives bubble to inflate which could destroy our financial system at any moment.  Right now, four of the “too big to fail” banks each have total exposure to derivatives that is well in excess of 40 trillion dollars.

#56 The total exposure that Goldman Sachs has to derivatives contracts is more than 381 times greater than their total assets.

#57 Federal Reserve Chairman Ben Bernanke has a track record of failure that would make the Chicago Cubs look good.

#58 The secret November 1910 gathering at Jekyll Island, Georgia during which the plan for the Federal Reserve was hatched was attended by U.S. Senator Nelson W. Aldrich, Assistant Secretary of the Treasury Department A.P. Andrews and a whole host of representatives from the upper crust of the Wall Street banking establishment.

#59 The Federal Reserve was created by the big Wall Street banks and for the benefit of the big Wall Street banks.

#60 In 1913, Congress was promised that if the Federal Reserve Act was passed that it would eliminate the business cycle.

#61 There has never been a true comprehensive audit of the Federal Reserve since it was created back in 1913.

#62 The Federal Reserve system has been described as “the biggest Ponzi scheme in the history of the world“.

#63 The following comes directly from the Fed’s official mission statement: “To provide the nation with a safer, more flexible, and more stable monetary and financial system.”  Without a doubt, the Federal Reserve has failed in those tasks dramatically.

#64 The Fed decides what the target rate of inflation should be, what the target rate of unemployment should be and what the size of the money supply is going to be.  This is quite similar to the “central planning” that goes on in communist nations, but very few people in our government seem upset by this.

#65 A couple of years ago, Federal Reserve officials walked into one bank in Oklahoma and demanded that they take down all the Bible verses and all the Christmas buttons that the bank had been displaying.

#66 The Federal Reserve has taken some other very frightening steps in recent years.  For example, back in 2011 the Federal Reserve announced plans to identify “key bloggers” and to monitor “billions of conversations” about the Fed on Facebook, Twitter, forums and blogs.  Someone at the Fed will almost certainly end up reading this article.

#67 Thanks to this endless debt spiral that we are trapped in, a massive amount of money is transferred out of our pockets and into the pockets of the ultra-wealthy each year.  Incredibly, the U.S. government spent more than 415 billion dollars just on interest on the national debt in 2013.

#68 In September, the average rate of interest on the government’s marketable debt was 1.981 percent.  In January 2000, the average rate of interest on the government’s marketable debt was 6.620 percent.  If we got back to that level today, we would be paying more than a trillion dollars a year just in interest on the national debt and it would collapse our entire financial system.

#69 The American people are being killed by compound interest but most of them don’t even understand what it is.  Albert Einstein once made the following statement about compound interest…

Compound interest is the eighth wonder of the world. He who understands it, earns it … he who doesn’t … pays it.”

#70 Most Americans have absolutely no idea where money comes from.  The truth is that the Federal Reserve just creates it out of thin air.  The following is how I have previously described how money is normally created by the Fed in our system…

When the U.S. government decides that it wants to spend another billion dollars that it does not have, it does not print up a billion dollars.

Rather, the U.S. government creates a bunch of U.S. Treasury bonds (debt) and takes them over to the Federal Reserve.

The Federal Reserve creates a billion dollars out of thin air and exchanges them for the U.S. Treasury bonds.

#71 What does the Federal Reserve do with those U.S. Treasury bonds?  They end up getting auctioned off to the highest bidder.  But this entire process actually creates more debt than it does money…

The U.S. Treasury bonds that the Federal Reserve receives in exchange for the money it has created out of nothing are auctioned off through the Federal Reserve system.

But wait.

There is a problem.

Because the U.S. government must pay interest on the Treasury bonds, the amount of debt that has been created by this transaction is greater than the amount of money that has been created.

So where will the U.S. government get the money to pay that debt?

Well, the theory is that we can get money to circulate through the economy really, really fast and tax it at a high enough rate that the government will be able to collect enough taxes to pay the debt.

But that never actually happens, does it?

And the creators of the Federal Reserve understood this as well.  They understood that the U.S. government would not have enough money to both run the government and service the national debt.  They knew that the U.S. government would have to keep borrowing even more money in an attempt to keep up with the game.

#72 Of course the U.S. government could actually create money and spend it directly into the economy without the Federal Reserve being involved at all.  But then we wouldn’t be 17 trillion dollars in debt and that wouldn’t serve the interests of the bankers at all.

#73 The following is what Thomas Edison once had to say about our absolutely insane debt-based financial system…

That is to say, under the old way any time we wish to add to the national wealth we are compelled to add to the national debt.

Now, that is what Henry Ford wants to prevent. He thinks it is stupid, and so do I, that for the loan of $30,000,000 of their own money the people of the United States should be compelled to pay $66,000,000 — that is what it amounts to, with interest. People who will not turn a shovelful of dirt nor contribute a pound of material will collect more money from the United States than will the people who supply the material and do the work. That is the terrible thing about interest. In all our great bond issues the interest is always greater than the principal. All of the great public works cost more than twice the actual cost, on that account. Under the present system of doing business we simply add 120 to 150 per cent, to the stated cost.

But here is the point: If our nation can issue a dollar bond, it can issue a dollar bill. The element that makes the bond good makes the bill good.

#74 The United States now has the largest national debt in the history of the world, and we are stealing more than 100 million dollars from our children and our grandchildren every single hour of every single day in a desperate attempt to keep the debt spiral going.

#75 Thomas Jefferson once stated that if he could add just one more amendment to the U.S. Constitution it would be a ban on all government borrowing….

I wish it were possible to obtain a single amendment to our Constitution. I would be willing to depend on that alone for the reduction of the administration of our government to the genuine principles of its Constitution; I mean an additional article, taking from the federal government the power of borrowing.

#76 At this moment, the U.S. national debt is sitting at $17,251,528,475,994.19.  If we had followed the advice of Thomas Jefferson, it would be sitting at zero.

#77 When the Federal Reserve was first established, the U.S. national debt was sitting at about 2.9 billion dollars.  On average, we have been adding more than that to the national debt every single day since Obama has been in the White House.

#78 We are on pace to accumulate more new debt under the 8 years of the Obama administration than we did under all of the other presidents in all of U.S. history combined.

#79 If all of the new debt that has been accumulated since John Boehner became Speaker of the House had been given directly to the American people instead, every household in America would have been able to buy a new truck.

#80 Between 2008 and 2012, U.S. government debt grew by 60.7 percent, but U.S. GDP only grew by a total of about 8.5 percent during that entire time period.

#81 Since 2007, the U.S. debt to GDP ratio has increased from 66.6 percent to 101.6 percent.

#82 According to the U.S. Treasury, foreigners hold approximately 5.6 trillion dollars of our debt.

#83 The amount of U.S. government debt held by foreigners is about 5 times larger than it was just a decade ago.

#84 As I have written about previously, if the U.S. national debt was reduced to a stack of one dollar bills it would circle the earth at the equator 45 times.

#85 If Bill Gates gave every single penny of his entire fortune to the U.S. government, it would only cover the U.S. budget deficit for 15 days.

#86 Sometimes we forget just how much money a trillion dollars is.  If you were alive when Jesus Christ was born and you spent one million dollars every single day since that point, you still would not have spent one trillion dollars by now.

#87 If right this moment you went out and started spending one dollar every single second, it would take you more than 31,000 years to spend one trillion dollars.

#88 In addition to all of our debt, the U.S. government has also accumulated more than 200 trillion dollars in unfunded liabilities.  So where in the world will all of that money come from?

#89 The greatest damage that quantitative easing has been causing to our economy is the fact that it is destroying worldwide faith in the U.S. dollar and in U.S. debt.  If the rest of the world stops using our dollars and stops buying our debt, we are going to be in a massive amount of trouble.

#90 Over the past several years, the Federal Reserve has been monetizing a staggering amount of U.S. government debt even though Ben Bernanke once promised that he would never do this.

#91 China recently announced that they are going to quit stockpiling more U.S. dollars.  If the Federal Reserve was not recklessly printing money, this would probably not have happened.

#92 Most Americans have no idea that one of our most famous presidents was absolutely obsessed with getting rid of central banking in the United States.  The following is a February 1834 quote by President Andrew Jackson about the evils of central banking….

I too have been a close observer of the doings of the Bank of the United States. I have had men watching you for a long time, and am convinced that you have used the funds of the bank to speculate in the breadstuffs of the country. When you won, you divided the profits amongst you, and when you lost, you charged it to the Bank. You tell me that if I take the deposits from the Bank and annul its charter I shall ruin ten thousand families. That may be true, gentlemen, but that is your sin! Should I let you go on, you will ruin fifty thousand families, and that would be my sin! You are a den of vipers and thieves. I have determined to rout you out and, by the Eternal, (bringing his fist down on the table) I will rout you out.

#93 There are plenty of possible alternative financial systems, but at this point all 187 nations that belong to the IMF have a central bank.  Are we supposed to believe that this is just some sort of a bizarre coincidence?

#94 The capstone of the global central banking system is an organization known as the Bank for International Settlements.  The following is how I described this organization in a previous article

An immensely powerful international organization that most people have never even heard of secretly controls the money supply of the entire globe.  It is called the Bank for International Settlements, and it is the central bank of central banks.  It is located in Basel, Switzerland, but it also has branches in Hong Kong and Mexico City.  It is essentially an unelected, unaccountable central bank of the world that has complete immunity from taxation and from national laws.  Even Wikipedia admits that “it is not accountable to any single national government.”  The Bank for International Settlements was used to launder money for the Nazis during World War II, but these days the main purpose of the BIS is to guide and direct the centrally-planned global financial system.  Today, 58 global central banks belong to the BIS, and it has far more power over how the U.S. economy (or any other economy for that matter) will perform over the course of the next year than any politician does.  Every two months, the central bankers of the world gather in Basel for another “Global Economy Meeting”.  During those meetings, decisions are made which affect every man, woman and child on the planet, and yet none of us have any say in what goes on.  The Bank for International Settlements is an organization that was founded by the global elite and it operates for the benefit of the global elite, and it is intended to be one of the key cornerstones of the emerging one world economic system.

#95 The borrower is the servant of the lender, and the Federal Reserve has turned all of us into debt slaves.

#96 Debt is a form of social control, and the global elite use all of this debt to dominate all the rest of us.  40 years ago, the total amount of debt in our system (all government debt, all business debt, all consumer debt, etc.) was sitting at about 2 trillion dollars.  Today, the grand total exceeds 56 trillion dollars.

#97 Unless something dramatic is done, our children and our grandchildren will be debt slaves for their entire lives as they service our debts and pay for our mistakes.

#98 Now that you know this information, you are responsible for doing something about it.

#99 Congress has the power to shut down the Federal Reserve any time that they would like.  But right now most of our politicians fully endorse the current system, and nothing is ever going to happen until the American people start demanding change.

#100 The design of the Federal Reserve system was flawed from the very beginning.  If something is not done very rapidly, it is inevitable that our entire financial system is going to suffer an absolutely nightmarish collapse.

The truth is that we do not have to have a Federal Reserve.  The greatest period of economic growth in U.S. history was when we did not have a central bank.  If we are ever going to turn this nation around economically, we are going to have to get rid of this debt-based financial system that is centered around the Federal Reserve.  On the path that we are on now, there is no hope.  Please share this article with as many people as you can.  It is imperative that we try to wake the American people up while we still have time.

Our Last Stand | Report #3: Stories of Our Cabal Shadow Government Thieves, Global Criminals and a Tale of Treason

 

Even some well informed people are thankful for all the info presented in this one:

http://canauzzie.blogspot.ca/2013/12/our-last-stand-report-3-stories-of-our.html

Note from Benjamin:

12/15/2013

Hello Cannauzzie,

Great article. You covered a lot of stuff I knew already but you also uncovered a lot of vital information that was new to me and my sources. I will post a link to your article http://canauzzie.blogspot.ca/2013/12/our-last-stand-report-3-stories-of-our.html but I also recommend that you put out a one page summary for the benefit of the large amount of people out there with short attention spans.

Benjamin Fulford

http://canauzzie.blogspot.ca/2013/12/our-last-stand-report-3-stories-of-our.html

First Audit In Feds 100 Year History, Exposing America’s Federal Reserve System

 

Saturday, December 14, 2013

I thought you might find this sickly humorous yet interesting. On the Federal Reserve site,
http://www.federalreserve.gov/faqs/about_14986.htm , this is listed at the top of the page:
Who owns the Federal Reserve?
The Federal Reserve System fulfills its public mission as an independent entity within government. It is not “owned” by anyone and is not a private, profit-making institution.
“NOT OWNED BY ANYONE AND IS NOT A PRIVATE, PROFIT-MAKING INSTITUTION” makes it appear that the federal government owns it. Not owned by ANYONE?? How can that be? We know it is owned by a group of private bankers.. Hey, maybe they really are not people. We know they have no hearts. “Not a private, profit-making institution” is a flat lie. Everything they make is profit except for their overhead and it would not surprise me if the government pays that. Anyway, we know they will say anything to try to throw people off the scent. I remember reading about a year ago a statement from someone in the government said that the (fraudulent) debt owed to the Federal Reserve was so high that it would not matter how much taxes are raised nor how much the budget is reduced, we could NEVER pay it off. Do you realize that statement is saying that if they applied every cent that every American makes and the government spent nothing, we still could never get that debt paid? I would say that is not a bad gig for the criminal bankers at all. In a documentary once, it said that the first Federal Reserve Bank was created by the US government making the initial deposit and the Federal Reserve made a matching deposit by way of writing a check on the money just deposited by the government, thereby putting no money up at all. (I would like to offer a deal to the government with all the same terms only never charging over 1/4% interest.) I cannot find any truth in an expiration date of the Fed. I cannot find where there is one or that there was a contract for 100 yrs. I can tell you that the Federal Reserve only pays for the cost of printing. A stack of $100s costs the same as a stack of ones!!! Now ask yourself, WHY, IF THE THE FEDERAL RESERVE WAS A GOVERNMENT OPERATION, WOULD WE OWE MONEY TO OURSELVES??!!! Something else you might have a challenge swallowing is, EVERY TAX DOLLAR EVER PAID GOES TO THE FEDERAL RESERVE, THE PRIVATE BANKERS, AND NARY A PENNY E V E R E V E R PAYS ANY OF THE GOVERNMENT’S EXPENSES!!!!
Heck, even Ronald Reagan said that while he was in office. Americans are screwed over and over and never flinch. In all honesty, I would like to say that this is the biggest fraud ever perpetrated on the American people. However, it is not. The biggest FRAUD is the unlawful corporate government sitting in DC posing as our Republic government, unlawfully passing legislation upon the good People in these united States and working daily attempting to enslave us all. This began as soon as the southern States seceded from the Union just before the Civil War. That secession broke up the Union and Lincoln ceased to be the President at that point in time and Congress adjourned sine die without plans to return. There NEVER has been a treaty between the States to rejoin the Union. The governors of the seceding States were forced back in by gunpoint not by agreement. The bottom line here is, THERE IS A LOT OF REPAIR THAT NEEDS TO TAKE PLACE AND EVERYTHING THAT HAS BEEN DONE SINCE THAT SECESSION IS ILLEGAL AND UNLAWFUL!!! The American People are sorely missing in the education department and that is quite deliberate. They would never have been able to pull this off if we were educated properly. – Mary
First Audit In Feds 100 Year History, Exposing America’s Federal Reserve System (Video)
Friday, December 13, 2013 8:37
0
(Before It’s News)
Most Americans, if they have heard anything at all about the Federal Reserve, believe it is an agency of the United States Government. This is false. The Federal Reserve is not “owned” by anyone, it is a profit-making institution. It is considered an independent central bank because its monetary policy decisions do not have to be approved by the President or anyone else in the executive or legislative branches of government, it does not receive funding appropriated by the Congress, and the terms of the members of the Board of Governors span multiple presidential and congressional terms. Below you will see charts that break down the history of the Fed and it’s owners and shareholders back to the Federal Reserves Founding in 1913..
Before we get into the Federal Reserves chain of command that you will see below, I want to give you some history on the Feds monetary policy. Let’s start with the first and only audit of the Federal Reserve in it’s 100 year history. This is the victory that Ron Paul was responsible for, yet Mainstream Media covered it all up.
In a rare moment of bipartisanship, the House overwhelmingly passed a bill by Rep. Ron Paul (R-Texas) to audit the Federal Reserve.
The first ever GAO (Government Accountability Office) audit of the Federal Reserve was carried out due to the Ron Paul, Alan Grayson Amendment to the Dodd-Frank bill. Jim DeMint, a Republican Senator, and Bernie Sanders, an independent Senator, led the charge for a Federal Reserve audit in the Senate.
Ben Bernanke, Alan Greenspan, and various other bankers vehemently opposed the audit and lied to Congress about the effects an audit would have on markets. Nevertheless, the results of the first audit in the Federal Reserve’s nearly 100 year history were posted on Senator Sander’s webpage on July 21 2011.
What was revealed in the audit was startling:
The list of institutions that received the most money from the Federal Reserve can be found on page 131 of the GAO Audit and are as follows..
Citigroup: $2.5 trillion ($2,500,000,000,000)
Morgan Stanley: $2.04 trillion ($2,040,000,000,000)
Merrill Lynch: $1.949 trillion ($1,949,000,000,000)
Bank of America: $1.344 trillion ($1,344,000,000,000)
Barclays PLC (United Kingdom): $868 billion ($868,000,000,000)
Bear Sterns: $853 billion ($853,000,000,000)
Goldman Sachs: $814 billion ($814,000,000,000)
Royal Bank of Scotland (UK): $541 billion ($541,000,000,000)
JP Morgan Chase: $391 billion ($391,000,000,000)
Deutsche Bank (Germany): $354 billion ($354,000,000,000)
UBS (Switzerland): $287 billion ($287,000,000,000)
Credit Suisse (Switzerland): $262 billion ($262,000,000,000)
Lehman Brothers: $183 billion ($183,000,000,000)
Bank of Scotland (United Kingdom): $181 billion ($181,000,000,000)
BNP Paribas (France): $175 billion ($175,000,000,000)
and many many more including banks in Belgium of all places.
The following is the amount of stimulus that the Fed has injected into the economy since 2008, as you will notice, the Fed has to continually stimulate the economy more and more each year. You will be able to see that in 2012 the Federal Reserve committed to 85 Billion a month which is still flowing today. How can this be sustainable?
November 25, 2008
Fed unveils $800 billion plan to bolster lending, housing
With financial markets still not working smoothly two months after almost shutting down, the Federal Reserve unveils steps aimed at lowering borrowing costs for consumers and home buyers.
The central bank announces plans to purchase up to $100 billion in direct debt of Fannie Mae, Freddie Mac and the Federal Home Loan Banks, along with up to $500 billion of mortgage-backed securities backed by Fannie, Freddie and Ginnie Mae (the government-sponsored enterprises, also known as GSEs).
March 18, 2009
Federal Reserve to buy $300 billion in longer-term Treasury bonds
The Federal Reserve says it will buy $300 billion in longer-term Treasury bonds to help arrest a deepening slide in the U.S. economy, a surprise move that send stocks soaring and triggers violent moves in other markets. The Federal Reserve’s move signals it will boost the size of its balance sheet to more than $4 trillion.
Following the Fed decision, gold futures and U.S. stocks rally, while the dollar plunges against other major currencies. In the bond market, Treasury prices soar, sending yields plummeting by the largest amount since 1987.
November 3, 2010
Federal Reserve to buy $600 billion in bonds
The Federal Reserve pledges to start a controversial new $600 billion bond-buying spree to rescue the economy from its current doldrums. The FOMC says it will buy up to $600 billion in long-term Treasurys until the end of June 2011, including about $75 billion this month.
This is the second time the Fed engages in quantitative easing, as it snapped up $1.7 trillion in mostly housing-related assets between December 2008 and March 2010.
September 21, 2011
Federal Reserve moves to lower interest rates on consumer loans with a $400 billion debt-swap program
In a statement, the Fed says it will buy $400 billion of Treasury securities in the 6- to 30-year range and sell an equal amount of maturities of 3 years or less. The purchases to be completed by the end of June 2012. The Fed also announces a new plan to purchase agency mortgage-backed securities with proceeds of maturing securities. The Dow Jones Industrial Average closes down 283.82 points, or 2.5%, at 11,124.84.
June 20, 2012
Fed extends ‘Operation Twist’
The Fed says it will extend its holdings of long-term government bonds by $267 billion in another effort to bring down borrowing costs.
September 13, 2012
Fed to launch QE3 by buying mortgage securities
By an 11-to-1 vote, the Federal Reserve decides to launch a third round of open-ended bond purchases — so-called QE3 — saying it will buy $40 billion of agency mortgage-backed securities per month.
The Fed also says it will keep its so-called Operation Twist in place, which consists of swapping short-dated securities for longer-term securities, as well as reinvesting the proceeds of maturing securities.
December 12, 2012
Fed to buy more bonds as it sets jobless target
The Federal Reserve announces a fresh bond-buying program worth $45 billion per month of longer-term Treasurys in another effort to reduce what the central bank calls an “elevated” unemployment rate.
Without the action, the Fed purchases would have been reduced at year-end when an existing program to swap short-term debt for longer-term Treasurys is set to expire.
January 14, 2013
Bernanke downplays inflation risk of QE3
Federal Reserve Chairman Ben Bernanke plays down the fears of some more hawkish central bankers and investors that the Fed’s aggressive bond-buying program will lead to higher inflation. “I don’t believe significant inflation is going to be the result of any of this,” Bernanke says in a speech at the University of Michigan.
May 22, 2013
Bernanke tells Congress ‘step down’ in QE could come soon
Federal Reserve Chairman Ben Bernanke tells Congress that the U.S. central bank could slow down its asset purchase program in the next few months. U.S. stocks slide with the Dow Jones Industrial Average dropping 80.41 points, or 0.5%, to 15,307.17.
June 19, 2013
Bernanke says the central bank may scale back its bond purchases this year, depending on the economic outlook
Ben Bernanke says the Fed could begin to taper its purchase of bonds later this year, if the economy continues to improve as Fed officials expect. And the Fed could end the bond-buying completely sometime in the middle of next year, if everything goes well. The markets promptly sell off, as they did a few weeks ago when Bernanke first mentioned the possibility of a reduction in the $85 billion pace of bond purchases.
In an interview aired the day prior, President Barack Obama tells Charlie Rose that “Ben Bernanke’s a little bit like Bob Mueller, the head of the FBI, where he’s already stayed a lot longer than he wanted or he was supposed to.” Rumors about Bernanke’s career plans had already been swirling, but the President’s statement forces Fed watchers to start seriously considering a post-Bernanke era. Bernanke has served as chairman of the Fed since 2006, with his second term set to end on Jan. 31, 2014.
September 18, 2013
Fed decides not to taper
The Federal Reserve holds its asset purchase program steady, putting off any decision for tapering until later in the year in a decision that surprises markets. By a vote of 9-to-1, the Fed holds its bond-buying program at $85 billion, citing tighter financial conditions. S&P 500, Dow rise to record closing highs.
The history of QE shows that the Fed increases the amount of QE each year. This is unstainable!
As you will see in the next 2 videos, Ron Paul continues to ask for more transparency from the Federal Reserve. Then Dr Paul goes on to discuss Janet Yellen, Yellen will replace Ben Bernanke as chairman of the Federal Reserve in 2014. Yellen claims to have an appetite for transparency, can the American people believe her?
This Video is Janet Yellen explaining why she will continue to print more currency and why she opposes more transparency from the Fed. Janet Yellen will be Ben Bernanke on steriods. Will there ever be another audit of the Fed? It’s highly unlikey with the players on the Federal Reserve stage at this time.
Now onto the history of the Federal Reserve, it’s founders and it’s share holders. I have included the source of the information above each chart.
Chart 1
Source: ** Federal Reserve Directors: A Study of Corporate and Banking Influence ** – – Published 1976
Chart 1 reveals the linear connection between the Rothschilds and the Bank of England, and the London banking houses which ultimately control the Federal Reserve Banks through their stockholdings of bank stock and their subsidiary firms in New York. The two principal Rothschild representatives in New York, J. P. Morgan Co., and Kuhn, Loeb & Co. were the firms which set up the Jekyll Island Conference at which the Federal Reserve Act was drafted, who directed the subsequent successful campaign to have the plan enacted into law by Congress, and who purchased the controlling amounts of stock in the Federal Reserve Bank of New York in 1914. These firms had their principal officers appointed to the Federal Reserve Board of Governors and the Federal Advisory Council in 1914. In 1914 a few families (blood or business related) owning controlling stock in existing banks (such as in New York City) caused those banks to purchase controlling shares in the Federal Reserve regional banks. Examination of the charts and text in the House Banking Committee Staff Report of August, 1976 and the current stockholders list of the 12 regional Federal Reserve Banks show this same family control.
N.M. Rothschild , London – Bank of England
______________________________________
| |
| J. Henry Schroder
| Banking | Corp.
| |
Brown, Shipley – Morgan Grenfell – Lazard – |
& Company & Company Brothers |
| | | |
——————–| ——-| | |
| | | | | |
Alex Brown – Brown Bros. – Lord Mantagu – Morgan et Cie — Lazard —|
& Son | Harriman Norman | Paris Bros |
| | / | N.Y. |
| | | | | |
| Governor, Bank | J.P. Morgan Co — Lazard —|
| of England / N.Y. Morgan Freres |
| 1924-1938 / Guaranty Co. Paris |
| / Morgan Stanley Co. | /
| / | Schroder Bank
| / | Hamburg/Berlin
| / Drexel & Company /
| / Philadelphia /
| / /
| / Lord Airlie
| / /
| / M. M. Warburg Chmn J. Henry Schroder
| | Hamburg ——— marr. Virginia F. Ryan
| | | grand-daughter of Otto
| | | Kahn of Kuhn Loeb Co.
| | |
| | |
Lehman Brothers N.Y ————– Kuhn Loeb Co. N. Y.
| | ————————–
| | | |
| | | |
Lehman Brothers – Mont. Alabama Solomon Loeb Abraham Kuhn
| | __|______________________|_________
Lehman-Stern, New Orleans Jacob Schiff/Theresa Loeb Nina Loeb/Paul Warburg
– ————————- | | |
| | Mortimer Schiff James Paul Warburg
_____________|_______________/ |
| | | | |
Mayer Lehman | Emmanuel Lehman
| | |
Herbert Lehman Irving Lehman
| | |
Arthur Lehman Phillip Lehman John Schiff/Edith Brevoort Baker
/ | Present Chairman Lehman Bros
/ Robert Owen Lehman Kuhn Loeb – Granddaughter of
/ | George F. Baker
| / |
| / |
| / Lehman Bros Kuhn Loeb (1980)
| / |
| / Thomas Fortune Ryan
| | |
| | |
Federal Reserve Bank Of New York |
|||||||| |
______National City Bank N. Y. |
| | |
| National Bank of Commerce N.Y —|
| |
| Hanover National Bank N.Y.
| |
| Chase National Bank N.Y.
| |
| |
Shareholders – National City Bank – N.Y. |
– —————————————– |
| /
James Stillman /
Elsie m. William Rockefeller /
Isabel m. Percy Rockefeller /
William Rockefeller Shareholders – National Bank of Commerce N. Y.
J. P. Morgan ———————————————–
M.T. Pyne Equitable Life – J.P. Morgan
Percy Pyne Mutual Life – J.P. Morgan
J.W. Sterling H.P. Davison – J. P. Morgan
NY Trust/NY Edison Mary W. Harriman
Shearman & Sterling A.D. Jiullard – North British Merc. Insurance
| Jacob Schiff
| Thomas F. Ryan
| Paul Warburg
| Levi P. Morton – Guaranty Trust – J. P. Morgan
|
|
Shareholders – First National Bank of N.Y.
– ——————————————-
J.P. Morgan
George F. Baker
George F. Baker Jr.
Edith Brevoort Baker
US Congress – 1946-64
|
|
|
|
|
Shareholders – Hanover National Bank N.Y.
– ——————————————
James Stillman
William Rockefeller
|
|
|
|
|
Shareholders – Chase National Bank N.Y.
– —————————————
George F. Baker
Chart 2
Source: ** Federal Reserve Directors: A Study of Corporate and Banking Influence ** – – Published 1983
The J. Henry Schroder Banking Company chart encompasses the entire history of the twentieth century, embracing as it does the program (Belgium Relief Commission) which provisioned Germany from 1915-1918 and dissuaded Germany from seeking peace in 1916; financing Hitler in 1933 so as to make a Second World War possible; backing the Presidential campaign of Herbert Hoover ; and even at the present time, having two of its major executives of its subsidiary firm, Bechtel Corporation serving as Secretary of Defense and Secretary of State in the Reagan Administration.
The head of the Bank of England since 1973, Sir Gordon Richardson, Governor of the Bank of England (controlled by the House of Rothschild) was chairman of J. Henry Schroder Wagg and Company of London from 1963-72, and director of J. Henry Schroder, New York and Schroder Banking Corporation, New York, as well as Lloyd’s Bank of London, and Rolls Royce. He maintains a residence on Sutton Place in New York City, and as head of “The London Connection,” can be said to be the single most influential banker in the world.
J. Henry Schroder
—————–
|
|
|
Baron Rudolph Von Schroder
Hamburg – 1858 – 1934
|
|
|
Baron Bruno Von Schroder
Hamburg – 1867 – 1940
F. C. Tiarks |
1874-1952 |
| |
marr. Emma Franziska |
(Hamburg) Helmut B. Schroder
J. Henry Schroder 1902 |
Dir. Bank of England |
Dir. Anglo-Iranian |
Oil Company J. Henry Schroder Banking Company N.Y.
|
|
J. Henry Schroder Trust Company N.Y.
|
|
|
___________________|____________________
| |
Allen Dulles John Foster Dulles
Sullivan & Cromwell Sullivan & Cromwell
Director – CIA U. S. Secretary of State
Rockefeller Foundation
Prentiss Gray
————
Belgian Relief Comm. Lord Airlie
Chief Marine Transportation ———–
US Food Administration WW I Chairman; Virgina Fortune
Manati Sugar Co. American & Ryan daughter of Otto Kahn
British Continental Corp. of Kuhn,Loeb Co.
| |
| |
M. E. Rionda |
———— |
Pres. Cuba Cane Sugar Co. |
Manati Sugar Co. many other |
sugar companies. _______|
| |
| |
G. A. Zabriskie |
————— | Emile Francoui
Chmn U.S. Sugar Equalization | ————–
Board 1917-18; Pres Empire | Belgian Relief Comm. Kai
Biscuit Co., Columbia Baking | Ping Coal Mines, Tientsin
Co. , Southern Baking Co. | Railroad,Congo Copper, La
| Banque Nationale de Belgique
Suite 2000 42 Broadway | N. Y |
__________________________|___________________________|
| | |
| | |
Edgar Richard Julius H. Barnes Herbert Hoover
————- —————- ————–
Belgium Relief Comm Belgium Relief Comm Chmn Belgium Relief Com
Amer Relief Comm Pres Grain Corp. U.S. Food Admin
U.S. Food Admin U.S. Food Admin Sec of Commerce 1924-28
1918-24, Hazeltine Corp. 1917-18, C.B Pitney Kaiping Coal Mines
| Bowes Corp, Manati Congo Copper, President
| Sugar Corp. U.S. 1928-32
|
|
|
John Lowery Simpson
– ——————-
Sacramento,Calif Belgium Relief |
Comm. U. S. Food Administration Baron Kurt Von Schroder
Prentiss Gray Co. J. Henry Schroder ———————–
Trust, Schroder-Rockefeller, Chmn Schroder Banking Corp. J.H. Stein
Fin Comm, Bechtel International Bankhaus (Hitler’s personal bank
Co. Bechtel Co. (Casper Weinberger account) served on board of all
Sec of Defense, George P. Schultz German subsidiaries of ITT . Bank
Sec of State (Reagan Admin). for International Settlements,
| SS Senior Group Leader,Himmler’s
| Circle of Friends (Nazi Fund),
| Deutsche Reichsbank,president
|
|
Schroder-Rockefeller & Co. , N.Y.
– ———————————
Avery Rockefeller, J. Henry Schroder
Banking Corp., Bechtel Co., Bechtel
International Co. , Canadian Bechtel
Company. |
|
|
|
Gordon Richardson
—————–
Governor, Bank of England
1973-PRESENT C.B. of J. Henry Schroder N.Y.
Schroder Banking Co., New York, Lloyds Bank
Rolls Royce
Chart 3
Source: ** Federal Reserve Directors: A Study of Corporate and Banking Influence ** – – Published 1976
The David Rockefeller chart shows the link between the Federal Reserve Bank of New York, Standard Oil of Indiana, General Motors and Allied Chemical Corportion (Eugene Meyer family) and Equitable Life (J. P. Morgan).
DAVID ROCKEFELLER
– —————————-
Chairman of the Board
Chase Manhattan Corp
|
|
______|_______________________
Chase Manhattan Corp. |
Officer & Director Interlocks|———————
——|———————– |
| |
Private Investment Co. for America Allied Chemicals Corp.
| |
Firestone Tire & Rubber Company General Motors
| |
Orion Multinational Services Ltd. Rockefeller Family & Associates
| |
ASARCO. Inc Chrysler Corp.
| |
Southern Peru Copper Corp. Intl’ Basic Economy Corp.
| |
Industrial Minerva Mexico S.A. R.H. Macy & Co.
| |
Continental Corp. Selected Risk Investments S.A.
| |
Honeywell Inc. Omega Fund, Inc.
| |
Northwest Airlines, Inc. Squibb Corporation
| |
Northwestern Bell Telephone Co. Olin Foundation
| |
Minnesota Mining & Mfg Co (3M) Mutual Benefit Life Ins. Co. of NJ
| |
American Express Co. AT & T
| |
Hewlett Packard Pacific Northwestern Bell Co.
| |
FMC Corporation BeachviLime Ltd.
| |
Utah Intl’ Inc. Eveleth Expansion Company
| |
Exxon Corporation Fidelity Union Bancorporation
| |
International Nickel/Canada Cypress Woods Corporation
| |
Federated Capital Corporation Intl’ Minerals & Chemical Corp.
| |
Equitable Life Assurance Soc U.S. Burlington Industries
| |
Federated Dept Stores Wachovia Corporation
| |
General Electric Jefferson Pilot Corporation
| |
Scott Paper Co. R. J. Reynolds Industries Inc.
| |
American Petroleum Institute United States Steel Corp.
| |
Richardson Merril Inc. Metropolitan Life Insurance Co.
| |
May Department Stores Co. Norton-Simon Inc.
| |
Sperry Rand Corporation Stone-Webster Inc.
| |
San Salvador Development Company Standard Oil of Indiana

Judge Dale, Ret’d ~ Global Currency Reset And NDA Contract

http://shiftfrequency.com/judge-dale-global-currency-reset-and-nda-contract/

Guest Writer ShiftFrequency  November 25 2013

The Global Currency Reset may be a trap! So exercise good judgment.

At the outset of the Iraqi invasion, the World Bank and United Nations devalued the Iraqi Dinar based upon the petition of the US Attorney General. The Iraqi Dinar at that time was worth $3.22 USD. Today (November 25 2013) 1,000 dinars = 86 US cents or .86 USD.

Like many others I saw the potential for money to be made from the devaluation of the Iraqi dinar. This entailed investing in the foreign currency and waiting until it revalued. I then discovered that the Vietnam Dong had also been devalued during the Vietnam War, which was a long time ago. It never revalued.

I considered the fact the same situation could repeat itself regarding the Iraqi Dinar. I decided to take the gamble and invested a small amount in both currencies. I was tempted at times to invest more but decided not to.

As time went by I discovered the devaluation of the Iraqi Dinar was planned by the Secretary of the Treasury and Vice President and had nothing to do with the invasion of Iraq. It was about the Military Industrial Complex making another killing on a foreign investment off the backs, lives and misfortune of the Iraqi people.

The average member of the world public was not supposed to know about or be able to see through this plan. The Currency Exchanges were glad to have the business and even offered incentives to tell a friend. Dinar gurus suddenly emerged on the scene, encouraging readers to invest and get rich overnight. Unknown at the time was the fact that most of these gurus were connected to or were themselves currency brokers.

For years I had been telling family and friends that the United States government had become infiltrated by communists during the Wilson Administration and the entire federal system is a foreign corporate fascist group masquerading as the US government. Unsurprisingly, these statements of mine were regarded by family and friends as both unpatriotic and “conspiracy theory.” So I went in search of evidence and this is what I found.

What’s Behind The Global Currency Reset

The global currency reset for the United States is within one penny of kicking in. When it does kick in any US citizen wishing to exchange foreign currency at a Federal Reserve Bank, currency broker or currency exchange must agree to sign a 9-page Non-Disclosure Agreement (NDA). The NDA is a contract you are required to sign with this fascist corporate government to not disclose where your new-found wealth originated. This appears harmless enough except for the fact that the NDA is a contract signed under duress. Why duress? You do not have a choice to accept or not accept this contract. The corporate government is hoping that greed will cause you to accept its NDA, no questions asked.

You might think to yourself “They can’t do that. It’s unconstitutional” True enough. However as a US citizen and defined by law as an entity – a corporation – your corporate personhood has no rights except those granted to you by the government.

Some Background

The US Government is a private foreign corporation. Its existence is hidden behind the very Constitution that grants you the right to contract with whomever you choose. The NDA is a contract. The US corporate government requirement that you sign an NDA takes your contractual obligation to a whole new level. How does it do so? If you violate any provision of this particular NDA you will be arrested as a domestic terrorist under the National Security Act. This, in turn, alters what was formerly a civil contract into one that incorporates grave and serious criminal penalties.

You might be wondering who in their right mind would agree to sign such a contract? Well it turns out if you refuse to sign the NDA you will be denied your opportunity to exchange currencies at preferred rates, and you have only 30 days from receipt of the NDA to decide whether you wish to sign on the dotted line.

What isn’t stated is the 30-day limit is far more important to them than it is for the investor holding the dinar. The banks and US corporate government have major foreign oil contracts to fulfill, contracts they can no longer fulfill with the USD. They need your dinar to purchase oil now that Europe and other major trading partners are refusing to accept the fiat-based, ponzi-style USD.

Currency Exchanges

A currency exchange is traditionally a barter (equivalent value changing hands between private parties) and thus it is a non-taxable matter. However, this NDA contract requires you to agree to pay a Capital Gains Tax that has yet to be established. I’m hearing 10% but what happens if it turns out to be 50%? The currency brokers and wealth managers associated with the Federal Reserve banking establishment are recommending that you set aside 50% of your assets to cover taxes.

What do they know that we don’t?

The same NDA contract also requires that you agree to comply with any and all current and future laws during the next ten years, enacted by the corporate United States Government. This makes the NDA a noose placed around the signatory’s neck, then gradually tightened.

If you exchange your currency at a Federal Reserve bank you will only be allowed to exchange the equivalent of $10,000 in cash. You will be required to open one of the following:

  • checking account
  • savings account
  • trust account or
  • brokerage account

You will be forced to deposit the remainder of your assets into one of these accounts.

The corporate US Congress modified the US Banking laws this year to specify that all accounts – deposits, trusts, IRAs and safe deposit boxes – belong to the Federal Reserve bank. This means that once you execute a deposit you surrender all ownership of that deposit to the bank.  Should this foreign, privately-owned Federal Reserve system suddenly declare bankruptcy, all of your assets entrusted to them become their property. Within the fine print of all the banking accounts you own and/or open you will find the stipulation that the financial institution can use your assets to pay off the national debt, a debt that was never yours to begin with.

If you’re thinking the FDIC will reimburse you up to $250,000 on each account, think again. The FDIC filed bankruptcy in 2006 due to the swarm of bank failures that year, with claims against it in the trillions. The FDIC is done. Finished. It can never be revived without paying off those outstanding claims. I’m willing to bet your bank or wealth manager never informed you of that fact.

Your Money Is No Longer Under Your Control

Here is another “catch 22.” You cannot gift or wire any amount greater than $4,999.99 to a family member or friend without the Department of Homeland Security reviewing the check or wire transfer to investigate the origin of the money. Since you signed the NDA contract you cannot talk about the source of your money with anybody, even DHS. All of a sudden you’re turned into a suspect involved in a potentially unlawful financial activity.  Your gift will be confiscated unless you indicate Source Of Funds and if you do reveal the source you will have violated the NDA. This, in turn, can create the circumstance in which you are arrested as a domestic terrorist under the National Security Act.

The financial oligarchs may not be playing with the full deck but the cards they’re holding of a certainty belong to a stacked deck.

The Game Is Rigged

Did you know that Americans are now prohibited from transferring any assets out of the corporate United States without clearance from the Department of Homeland Security?  The reason for this crackdown has to do with the approximately four to 5,000 wealthy US Citizens who surrender their US Citizenship annually, transfer their assets and immigrate to another country. The government’s intent is to regulate the movement of money over national borders.

This is what is meant by the axiom “Finding yourself between a rock and a hard place.”

The Iraqi dinar currency exchange and its accompanying NDA is clearly a trap. The corporate US government is banking on the fact that you will agree to their terms in order to profit from your investment. However, if you make any financial moves in excess of $4,999 you will run afoul of DHS disclosure regulations. Given your signature on the NDA you won’t be able to disclose Source Of Funds and will likely end up in prison. How’s THAT for a rigged game?

One Legal Maneuver Is Still Available To Those Who Can Afford It

The only legal alternative that comes to mind that you can use to counter this madness is to purchase your freedom via Diplomatic Immunity. This relieves you of the burden of having to sign the NDA contract. I am certain that Diplomatic Immunity is still available to all and is honored in 90 plus countries. You will need to make this move carefully, however, as it is quite expensive to set up a Legal Expense (numbered) account with your bank or broker.

Given the costs involved in setting up a Legal Expense account (~$800,000+ USD) this likely will not work for the small investor. However, the fact remains there is no need for anyone to rush in to exchange anything. This 30-day limit is simply another fraud. They, the US Military Complex, need your dinar within 30 days to pay their oil contracts. If anything, at the end of the 30 days, the exchange rate will likely go higher due to the lack of confidence in the USD abroad.

I have a feeling (one I admit may be just a pipe-dream) that all this corruption enslaving humanity for millenia will be coming to an abrupt end in the near future. Once that happens our liberty as a species will be restored.

Blessings, Judge Dale

http://shiftfrequency.com/judge-dale-global-currency-reset-and-nda-contract/

Kicking out the Federal Reserve and Issuing Dollars Backed by Gold in Secret Vault of Bank of Hawaii

 

From: Karen Hudes  Date: Sun, Nov 24, 2013 at 8:51 AM Subject: Re: An Idea To: louisross92@gmail.com, colville elaine 

Dear Louis,

I am copying Elaine Colville, a Scottish whistleblower.  I am sure that Elaine has left no stone unturned.  In the meantime, this is also to update the rest of the World Bank whistleblowers (blind copied) and my facebook friends where things stand.

Best, Karen

Attachment:

https://s3.amazonaws.com/khudes/facebook2.docx

From: Louis <louisross92@gmail.com> Subject: An Idea

Message Body: Hi Ms Hudes

I think it’s amazing what you and your whistle blower friends are doing. I’ve watched a couple of your interviews on YouTube and understand that the UK parliament ignored your complaints? I’m not sure if you may or maybe not have done this already, but have you ever considered sending your information to the Scottish government? They are both connected. Maybe Westminster will pay attention then. They are always calling them out for something. It’s worth a try.

Louis.

This mail is sent via contact form on kahudes http://kahudes.net/contact-us/ ——— Forwarded message ———- From: Karen Hudes <h.k3511@gmail.com> Date: Sun, Nov 24, 2013 at 8:05 AM Subject: The Runaway Government To: ggilbertson@co.josephine.or.us Cc: ocemail@montgomerycountymd.gov, NATO PA <press@nato-pa.int>

I just learned of your 2011 letter to the US Forest Service.   I worked in the World Bank Legal Department for 20 years, and have been fighting the corruption in the US Federal Government along with other whistleblowers.  The corruption is about to end, as US allies who want to put the groups responsible for this corruption back in their place are now in a coalition with the Council of Governors and the Department of Defense.  

The Jesuits have been responsible for this corruption, and were working with corrupt families to try and dominate the place.  Their efforts failed miserably, and now it is time for the United States to be a real beacon of light to the nations.  

The first thing for us to do is to kick the Federal Reserve out, and then to issue dollars backed by the gold that is on secret deposit in the Bank of Hawaii.  The legal signatory to the gold in the vault is ready to sign the papers.  

I would appreciate your helping me to get our local governments and state governments on board. I am in touch with the Council of Governors and the County Executives of America (its President, Ike Leggett, is the County Executive for Montgomery County, Maryland).  I have also contacted the Sheriffs for Montgomery County and Frederick County, Maryland.

Best,

Karen Hudes    

http://www.kahudes.net

skype; 301 229-0058

——— Forwarded message ———-
From: Karen Hudes <h.k3511@gmail.com>
Date: Wed, Oct 23, 2013 at 10:47 PM
Subject: Fwd: Rule of Law in these United States
To: scheduler@mikulski.senate.gov, andrew.lippstone@state.de.us, “dquam@nga.org” <dquam@nga.org>, bryan.whitman@osd.mil,dllr@dllr.state.md.us, rbaldwin@ncsc.org, NATO PA <press@nato-pa.int>, alan_hanson@shelby.senate.gov,david_young@grassley.senate.gov, Rick Dearborn <rick_dearborn@sessions.senate.gov>, Karen_Billups@murkowski.senate.gov,David_Ramseur@begich.senate.gov, paul_cancienne@mccain.senate.gov, Steve_Voller@flake.senate.gov, Andy_York@pryor.senate.gov,matt_sagely@boozman.senate.gov, Chris_Thompson@feinstein.senate.gov, Chad_wallace@boxer.senate.gov,sarah_moffat@feinstein.senate.gov, Laura_Schiller@boxer.senate.gov, Michael_Sozan@udall.senate.gov, Jonathan_Davidson@bennet.senate.gov, laurie_rubiner@blumenthal.senate.gov, Francis_Creighton@murphy.senate.gov, Jim_Reilly@carper.senate.gov,Todd_Webster@coons.senate.gov, Pete_Mitchell@nelson.senate.gov, cesar_conda@rubio.senate.gov, Charlie Harman <Charlie_Harman@chambliss.senate.gov>, Teresa_Ervin@chambliss.senate.gov, chris_carr@isakson.senate.gov,andy_winer@schatz.senate.gov, Betsy_Lin@hirono.senate.gov, Susan_Wheeler@crapo.senate.gov, John_Sandy@risch.senate.gov,patrick_souders@durbin.senate.gov, Kate_Dickens@kirk.senate.gov,Dean_Hingson@coats.senate.gov, Joel_Elliott@donnelly.senate.gov,Brian_Ahlberg@harkin.senate.gov, Jackie_Cottrell@roberts.senate.gov, Todd_Novascone@moran.senate.gov,Josh_Holmes@mcconnell.senate.gov, Doug_Stafford@paul.senate.gov, jane campbell <Jane_Campbell@landrieu.senate.gov>,Kyle_Ruckert@vitter.senate.gov, steve_abbott@collins.senate.gov, kay_rand@king.senate.gov, Rachel_MacKnight@mikulski.senate.gov,Marianne_Kreitner@mikulski.senate.gov, Chris_Lynch@cardin.senate.gov, Mindy_Myers@warren.senate.gov,David_lyles@levin.senate.gov, Amanda_Renteria@stabenow.senate.gov, Jonathan_Becker@klobuchar.senate.gov, Casey_Aden-Wansbury@franken.senate.gov, Steven_Wall@cochran.senate.gov, michelle_barlow@wicker.senate.gov, julie_dwyer@mccaskill.senate.gov, Glen_Chambers@blunt.senate.gov, Paul_Wilkins@bauchus.senate.gov, mollie_binotto@tester.senate.gov,tom_lopach@tester.senate.gov, kathline_amacio@johanns.senate.gov, tim_becker@johanns.senate.gov, Mike_Hybl@fischer.senate.gov,david_krone@reid.senate.gov, bill_dauster <bill_dauster@reid.senate.gov>, josh_finestone@heller.senate.gov, leonardo_benavides@heller.senate.gov, mac_abrams@heller.senate.gov, erica_anhalt@shaheen.senate.gov, Maura_Keefe@shaheen.senate.gov,John_Easton@ayotte.senate.gov, judy_rainey@lautenberg.senate.gov, dan_katz@lautenberg.senate.gov, daniel_o’brien@menendez.senate.gov, Michael_Collins@udall.senate.gov, Steve_Haro@heinrich.senate.gov, mike_lynch@schumer.senate.gov,jess_fassler@gillibrand.senate.gov, chris_joyner@burr.senate.gov, crystal_king@hagan.senate.gov, sara_garland@conrad.senate.gov,elizabeth_gore@dorgan.senate.gov, mark_powden@brown.senate.gov, Ryan Jackson <Ryan_Jackson@inhofe.senate.gov>,Brian_Treat@coburn.senate.gov,Joshua_Sheinkman@wyden.senate.gov, Michael_Zamore@merkley.senate.gov,james_brown@casey.senate.gov, Christopher_Gahan@toomey.senate.gov, Neil_Campbell@reed.senate.gov,Sam_Goodstein@whitehouse.senate.gov, Richard_Perry@graham.senate.gov, Kimberly_Wallner@scott.senate.gov,Drey_Samuelson@johnson.senate.gov, Ryan_Nelson@thune.senate.gov, Ryan_Loskarn@alexander.senate.gov,Todd_Womack@corker.senate.gov, Beth_Jafari@cornyn.senate.gov, Chip_Roy@cruz.senate.gov, Michael_Kennedy@hatch.senate.gov,Spencer_Stokes@lee.senate.gov, John_Dowd@leahy.senate.gov, Michaele_Crowell@sanders.senate.gov,Jacob_Lew@sanders.senate.gov, Luke_Albee@warner.senate.gov, Mike_Henry@kaine.senate.gov, Mike_Spahn@washington.senate.gov,Jennifer_Griffith@cantwell.senate.gov, JALVAREZ@worldbank.org, emiagkov <emiagkov@worldbank.org>, “Fridman, Ari” <ari.fridman@mail.house.gov>
Cc:press@nato-pa.int

http://www.abeldanger.net/2013/10/mi2-f3-6-4-csi-skinners-hall-chapter-11.html

http://new.livestream.com/accounts/1990801/events/2491478

/economics-and-politics/2013/10/ex-navy-seal-drops-bombshell-on-fox-says-government-is-creating-conditions-to-impose-martial-law-oct-15-2013-video-report-2457518.html
In the United States of America, citizens have the right to consent to our government. We have withdrawn this consent since 1929, when the Federal Reserve grabbed Yellowstone, the rest of our state parks, converted future earnings of our citizens into bonds for investment in the capital markets, gave our tax dollars to the UK and the Vatican, and turned our federal courts into Maritime courts. Congress is required to convene a Constitutional Convention under Article V of the Constitution. The US Congress may not refuse to call a Constitutional Convention. http://foa5c.org/file.php/1/Amendments/071_cg_r_03369_1929_HL.JPG
US dollars do not have to crash. Brazil, Russia, India, China, and South Africa finance their international trade with offsets and gold. Chase is refusing to transfer money out of the United States.  http://www.naturalnews.com/042529_Chase_bank_capital_controls_financial_red_alert.html
We can back our dollars, issued by the Treasury, with precious metals and other assets. The world’s gold is in trust for the benefit of humanity and can prevent an economic crash. http://www.naaij.org/2013/10/12/the-greatest-heist-in-history-the-jesuits-bankers-hid-the-worlds-treasure/
The Federal Government must respect the rule of law of the land. The Sheriffs, County Executives, and the Council of Governors are assisting the World Bank whistleblowers in enforcing the law of the land

 

http://beforeitsnews.com/forex/2013/11/kicking-out-the-federal-reserve-and-issuing-dollars-backed-by-gold-in-secret-vault-of-bank-of-hawaii-2451718.html

The Biggest Scam in the History of Mankind: Hidden Secrets of Money – Episode 4

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Dear Andy,  

    

You are about to learn one of the 
biggest secrets in the history of the 
world… it’s a secret that has huge 
effects for everyone who lives on 
this planet. Most people can feel 
deep down that something isn’t 
quite right with the world economy, 
but few know what it is.
Gone are the days where a family 
can survive on just one paycheck… 
every day it seems that things are 
more and more out of control, yet 
only one in a million understand why. 
You are about to discover the 
system that is ultimately responsible 
for most of  the inequality in our world 
today. 
The powers that be DO NOT want you 
to know about this, as this system is 
what has kept them at the top of the 
financial food-chain for the last 100 
years.
Learning this will change your life, 
because it will change the choices that 
you make. If enough people learn it, 
it will change the world…because it 
will change the system. 
For this is the biggest Hidden Secret 
of Money.
Never in human history have so many 
been plundered by so few, and it’s all 
accomplished through this…The Biggest 
Scam in the History of Mankind.
 
 
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Alexandra Bruce Publisher, ForbiddenKnowledgeTV.com 
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