9 May 2011

What will trigger the next crisis? Bankruptcies of countries and banking corporations, downfall of the dollar, euro or yen, hyperinflation, deflation, exploding unemployment followed by social disorder, or the $ 30 trillion ghost assets (=assets without any underlying value) on balance sheets of the financial institutions? One thing is for sure, it is all in the hands of the financial oligarchy. They decide the moment and how it will happen.

'The House Stabilization Hearings of 1928 proved conclusively that the Governors of the Federal Reserve System had been holding conferences with heads of the big European central banks. Even had the Congressmen known the details of the plot which was to culminate in the Great Depression of 1929-31, there would have been nothing they could have done to stop it. The international bankers who controlled gold movements could inflict their will on any country, and the United States was as helpless as any other.' (Eustace Mullins: The Secrets of the Federal Reserve page 132)

We are in the hands of a relatively small group of people that control the monetary system. Is this a weird conspiracy thought? It is up to you. Before you decide, read the following:

'In 1836 U.S. President Andrew Jackson, infuriated by the tactics of the bankers who were attempting to persuade him to renew the charter of the Second Bank of the United States, said:You are a den of vipers. I intend to rout you out and by the Eternal God I will rout you out. If the people only understood the rank injustice of our money and banking system, there would be a revolution before morning.'

Although Nicholas Biddle was President of the Bank of the United States, it was well known that Baron James de Rothschild of Paris was the principal investor in this central bank. Although President Jackson had vetoed the renewal of the charter of the Bank of the United States, he probably was unaware that a few months earlier, in 1835, the House Of Rothschild had cemented a relationship with the United States Government by superseding the firm of Baring as financial agent of the Department of State on January 1, 1835.


Mayer Anschelm Baron von Rothschild

Henry Clews, the famous banker, in his book, Twenty-Eight Years in Wall Street, states that the Panic of 1837 (financial crisis) was engineered because the charter of the Second Bank of the United States had run out in 1836. Not only did President Jackson promptly withdraw government funds from the Second Bank of the United States, but he deposited these funds in state banks. The immediate result, Clews tells us, is that the country began to enjoy great prosperity. This sudden flow of cash caused an immediate expansion of the national economy, and the Government paid of the entire national debt, leaving a surplus of $ 50 million in the Treasury.

The European financiers had the answer to this situation. Clews further states, "The Panic of 1837 was aggravated by the Bank of England when it one day threw out all the paper connected with the United States."

The Bank of England, of course, was synonymous with the name of Baron Nathan Mayer Rothschild. Why did the Bank of England in one day throw out all paper connected with the United States, that is,  refuse to accept or discount any securities, bonds or other financial paper based in the United States? The purpose of this action was to create an immediate financial panic in the U.S., cause a complete contraction of credit, halt further issues of stocks and bonds, and ruin those seeking to turn United States securities to cash. (Eustace Mullins: The Secrets of the Federal Reserve: pages 50-51)

"One of the high water marks of the successful Rothschild-Peabody-Morgan business venture was the Panic of 1857. It had been twenty years since the Panic of 1837: its lessons had been forgotten by the hordes of eager investors who were anxious to invest the profits of a developing America. It was time to fleece them again. The stock market operates like a wave washing up on the beach. It sweeps with it many miniscule creatures who derive all of their life support from the oxygen and water of the wave. They coast along the crest of the 'Tide of Prosperity'. Suddenly the wave having reached the high water mark on the beach, recedes, leaving all of the creatures gasping on the sand. Another wave may come in time to save them, but in all likelihood it will not come as far, and some sea creatures are doomed. In the same manner, waves of prosperity, fed by newly created money, through an artificial contraction of credit, recedes, leaving those it had borne high to gasp and die without hope of salvation.

Corsair, the Life of J.P. Morgan tells us that the Panic of 1857 was caused by the collapse of the grain market and by the sudden collapse of Ohio Life and Trust (insurance company), for a loss of five million dollars. With this collapse 900 other American companies failed. Significantly one not only survived, but prospered from the crash. In Corsair, we learn that the Bank of England lent George Peabody and Company (J.P.Morgan) five million pounds during the panic of 1857. Thus, from a number of biographies of Morgan, the story can be pieced together. After the panic had been engineered, one firm came into the market with one million pounds in cash, purchased securities from distressed investors at panic prices, and later resold them at an enormous profit. That firm was the Morgan firm and behind it was the clever maneuvering of Baron Nathan Mayer de Rothschild. (Eustace Mullins: The Secrets of the Federal Reserve: page 52)

"For such qualities of conservatism and purity, George Peabody and Company, the old tree out of which the House of Morgan grew, was famous. In the panic of 1857, when depreciated securities had been thrown on the market by distressed investors in America, Peabody and the elder Morgan, being in possession of cash, had purchased such bonds as possessed real value freely, and then resold them at a large advance when sanity was restored." (Matthew Josephson: The Robber Barons page 60)

"The Rothschilds were content to remain a close ally of Morgani¢€Â¦as far as the American field was concerned. Secrecy was more profitable than valor." (John Moody: The Masters of Capital, page 27)

The same pattern that has lead to the crises in the 19th and 20th centuries can be perceived these times. Prof. dr. Carrol Quigley explained how the oligarchy shaped the settings for the game:

"The powers of financial capitalism had another far-reaching aim, nothing less than 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.  This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent private meetings and conferences.  The apex of the system was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations." (Tragedy and Hope, 1966)

We are amidst the final stage of this game.  Where and how it will end is in the mind of the players. Unless we, the people, awaken and refuse to be the 'pawns in the game' anymore.

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