10 August 2011 Shocking events throughout the world are following each other at a fast rate. The information that the media give is from day to day of totally different character, and to many this calls fear and confusion. One moment it is reassuring, the next there is talk of panic and fear for a complete meltdown of our society. What matters now is whether we are able to opt for an awareness-raising process which will lead to freedom and a society in the real sense of the word. This requires that we take responsibility and start doing what is within our power to make a contribution. No longer can we trust banks, pension providers and the Government. It is now the time for us to come together with initiatives, in the knowledge that we all have contributed to the society as it looks now, and try to change it. It is absolutely meaningless for us to live in anger at those who we presume to be responsible for the growing problems. If we do that, we would only play the card that those who have controlled us until today want us to. Now we have the chance to work together to build a society in which there is room for humanitarism. Let us seize this opportunity and not surrender again to the dependence of another generation of leaders. Why this is so vitally important is what I want to make clear to you in the following article.
The current financial system has its roots in the feudal era, in which the nobility and clergy needed large sums of money for the conduct of their wars, settlement of conflicts and their money devouring lifestyle. From ancient times on there were the citizens and farmers, which had to provide the nobility and clergy with these necessary resources. From the 17th century ‘modern ‘ banking started to develop as an instrument to have money directly available, without first having to collect taxes. The system was and is in fact simple. It begins with the establishment of a central bank, which has the right to bring money in circulation. King William III of Orange, for example, gave in 1694 permission to establish the Bank of England. This bank was given with exclusion of the competition the right to create money. This money was created out of thin air, because opposite to each pound which was put into circulation, there was only a small fraction of gold. From the beginning the Bank of England has been a private company whose shareholders were the nobility of those days. Her Majesty’s Treasury borrowed directly after the creation in 1694, at the time, a colossal amount of 1.25 million British pounds. Thus arose the debt relation between Government and bank. Slowly but surely grew the stranglehold of the Bank of England on the British Government. In 1815, at the end of the costly war with France the debt had grown to 885 million British pounds. This debt was not repaid and grew only further to increasing altitude. This was partly because the taxes, which were collected among citizens and farmers, were used for everything except the repayment of the debt of the State to the bank. In addition, the interest amounts the Bank of England received on the debt grew ever bulkier and formed as a result, again an attractive source of income for the shareholders … the nobility (and the clergy).
Peaceful demonstration in London against spending cuts
In other major European cities similar developments were taking place. The banks of Hamburg, Frankfurt, Stockholm, Amsterdam, Paris, Madrid, Milan, and Naples were on the same reads like that of the Bank of England. Every central bank had their electors, Kings, Cardinals and Emperors, who satisfied their constant hunger for money through them. Backed by their citizens and farmers, who were given as collateral by their leaders to the banks and consequently milked as “tax cows”, nobility and clergy borrowed the money that had to lead them to more power and success.
The system would, however, already long ago have collapsed through greed and ignorance, if there had not been a generation of savvy bankers that emerged in the 18th century, under the leadership of the House of Rothschild. This new elite got in a relatively short period of time the European Central banks system firmly in their grip.
The eagle was depicted on the red shield of the House of Rothschild. The arrows are said to represent the five sons.
‘ Give me the right to create money and it makes me no matter who the laws of a country ‘, â€˜Give me the right to create money and it makes me no matter what puppet on the throne of the country is ‘, were quotes by the Rothschild ‘ pater familias’ Mayer Anschelm. Driven by a huge ambition seized father Mayer Anschelm and his five sons in a ruthless way the financial power in the most important financial centers of the 18th and 19th century world. Warring nations from both sides were funded by the Rothschilds. The debts of the European royal houses to the bankers surged. They obtained an increasing control over the main European central banks and as a result, controlled the money creation process of the countries concerned. However, it took more effort to get the United States there where they wanted. The 19th century has been characterised by a bitter struggle between the financial elite and Presidents such as Jefferson, Jackson and Lincoln. Jefferson and Jackson warned in no uncertain terms against the power of the financial elite.
You are a den of vipers and thieves. I have determined to rout you out and, by the Eternal, I will rout you out ‘, Jackson spoke with a loud voice in a meeting with representatives of the financial elite. He himself narrowly escaped an assassination attempt on his life, orchestrated by the bankers.
‘I believe that banking institutions are more dangerous to our liberties than standing armies’, Jefferson said.
Lincoln, who brought the so-called greenbacks in circulation, not through banks but by the Government itself, was killed. His killer had proven connections with the financial elite. The fight between the American Government and the bankers was eventually settled in 1913, when after a coupe by the financial elite, forged on Jekyll Island, the system of the Federal Reserve banks (FED) had been founded. The FED received the right to create dollars, and is in private hands (not Government) from its establishment.
The Rothschilds were in the 19th century that much feared and hated, that they disappeared in the background and moved people like Peabody, Brown and Morgan forward to serve their interests. For example, during his lifetime J.P. Morgan was regarded as one of the richest people in the world. Most of his wealth however proved at his death to be in the hands of the Rothschilds. However, this dynasty had never been able to build up their fabulous wealth and power if there had not been the human greed and taste for power. There is definitely a close symbiosis between the bankers and the highest classes. The bankers provided the nobility with a continuous stream of money to cover their insatiable requirements. It is the nobility that gave way to the bankers, and therefore it is incorrect to regard the bankers as the root of all evil. What can be stated however, is that they were excellent psychologists, who knew exactly how to trigger human weaknesses for their own benefit. And although the financial elite has formed around the House of Rothschild, one cannot say that the bankers were connected to a specific group of faith, race, or nationality. Certainly not Jewish too. The elite existed and exists up till today from individuals of different descent. Napoleon Bonaparte has said about them: “money has no nationalityâ€. The bankers elite knows no patriotism and is without morality. Their only goal is to make a profit and through this gain power.
The new financial elite thus gradually acquired a controlling position on the money creation process. Creating money and putting it into circulation was from the beginning of modern banking not the concern of authorities, but the business of individuals through by them controlled banks. After the struggle for hegemony in the U.S. was also settled in favor of the bankers they had a free hand in controlling the financial markets and the warning of Thomas Jefferson became reality: ‘ If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs. “
Eustace Mullins shows in The Secrets of The Federal Reserve, that the great depression that lasted from 1929 until the outbreak of the second world war has been the result of massive international gold transactions and interest rate manipulation. The House Stabilization Hearings of 1928 convincingly showed that the Federal Reserve Bank Board had kept several secret meetings with the heads of the major European Central banks. Even if one of them had been informed of all the details, the American politicians yet had not been able to change the planned course. This demontrates once again the power of the bankers.
Representative Mr. Beedy spoke in the House Hearings of 1928 the following words: ‘ Mr. Ebersole of the Ministry of Finance stated that the Federal Reserve is not aimed at the stabilisation of the stock market nor do American big investors. The fluctuation of the prices of equities and commodities suited them well, because those who check the markets make their profits through instability. If the people control is not achieved in a direct way, then this is done by means of chaos and riots as we have recently experienced. Revolts are provoked by discontent with the current circumstances. Thus the control in the hands of a few were at the expense of the many people who paid the bill (by losses on their investments)”.
It is shocking, that the events in this time frame follow exactly the same pattern than that prior to the great depression. And it confirms that crisis, followed by economic downturn is not a natural given as we always were made to believe, but orchestrated by the financial elite. Mullins writes in The Secrets of The Federal Reserve that bankers literally have liked the Great Depression because it gave them control of both finance and economy of the U.S..
Germany got, as the losing party after World War I, a heavy damage repayment burden imposed upon them by the victors, France, Great Britain and the United States. This caused in Germany much misery in the 1920â€™s. In 1930, in the Hague the Bank for International Setttlements (BIS Bank) was established by German, English, French, Italian and American diplomats and bankers. Via the BIS Bank German payments would be coordinated, with the aim not to further destabilize the German economy. The BIS Bank was from its founding a private company (not in public hands). The bank was established in Basel, Switzerland, and soon deloped into a meeting point of international bankers and large entrepreneurs. After Hitler came to power in 1933 the German payments stopped and a reverse flow of money started, which provided the Nazis of the funds to build their war machine. The British writer Anthony Sutton proves this convincingly in his book Wall Street and the Rise of Hitler (free to download on the internet).
Sutton was violently criticized in the mainstream media, but never officially indicted. The Belgian author Jacques Pauwels wrote Big Business with Nazi Germany (2009). In both books there is explained in a shocking way how the complete lack of morality in big business. Pauwels mentions Ford, General Motors, IBM, ITT, Texaco and Standard Oil as examples of companies that through their branches in Germany have helped to make the Blitzkrieg possible, in which the Germans were initially very successful (Jacques Pauwels, Big Business with Nazi Germany, Chapter 5, Blitzkrieg ‘ made in USA ‘).
Also during the second world war businessmen continued to have excellent high-level contacts: ‘ for all financial transactions with nazi Germany the negotiating partners could turn to the Bank for International Settlements in Basel. The German-American cooperation within the BIS came also after Pearl Harbor not to an end. The BIS was the center of a cobweb of Allied bankers, businesses and lawyers and their German counterparts. To that last group belonged senior Nazis, including leaders of the SS. â€¦ While the soldiers of their respective countries on all fronts were mercilessly slaughtering each other, bankers, industrialists and politicians were meeting quietly and in peace with each other in neutral and evacuated Basel (Switzerland). (Jacques Pauwels, Big Business with nazi Germany, Chapter 9).
The role of the BIS bank before and during the second world war was so worrying, that by the end of the second world war voices were raised to end the BIS. At the Bretton Woods Conference in 1944, in which the future of the financial system after the war was determined, a proposal from the Czechs to liquidate the BIS Bank was not successful. The resistance of the bankers was too large. The BIS Bank was already too powerfully positioned in the international financial system. In addition, the bank had a status of diplomatic immunity from legal proceedings, and freedom of Assembly, similar to the position of the Vatican City. No, the bankers did not allow to deprive them from their control instrument.
After the second world war, the International Monetary Fund (IMF) and the world bank were set up to coordinate the international financing and investments. The BIS Bank disappeared behind the scenes. That does not mean that the role of this institution was completed. On the contrary, the influence that the BIS Bank carries on the monetary system is increasing. Although the media when it comes to major international events mention the IMF and not the BIS, it is for those who do more research in the subject quite clear that the BIS Bank directs the IMF.
In the BIS the central banks of 55 countries participate, including the emerging powers China and India. All 55 central banks are shareholders in the BIS. They own together 86% of all shares. So roughly less than 2% by average per country. The remaining 14% of the shares are in the hands of individuals, the same ones that were already there before the 55 central banks joined the club. There is little imagination needed, to figure out who the owners are of the 14% shares in the BIS. Relative to the individual central banks, they have a larger stake and therefore more control. In addition, the 14% shareholders have a fabulous wealth at their disposal. And in this world the largest wealth means the greatest power.
The members of the BIS come together in meeting regularly. Of these meetings no minutes are made and nothing is reported in the media.
In an article in Der Spiegel (2009) about the BIS the following was written:
The most impressive space is the auditorium with modern white leather club armchairs, thousands of small LED lights, the sheltered areas in the space in the back where the interpreter-translators sit behind mirrored glass and the large panel around the spot where the financial masters of the world do their job. The space is strongly reminiscent of Star Trek. Obviously, the whole building is totally isolated for interception and hackers. Nothing of what happens inside leaks to the outside. Non-authorized persons are denied access to the building. There are no public reports of the meetings. Everything discussed inside is strictly confidential. Transparency is not in the BIS dictionary, because nothing is deemed more reprehensible than a obtrusive banker. The BIS may be considered as the most exclusive and influential financial organisation in the world, the Vatican of the financial world.
The BIS is not subject to any jurisdiction or any international law, therefore, pays no taxes and employees enjoy an extraordinary degree of immunity. There is no external organization that is authorised to check the activities. The financial position of the BIS is strong. For example, the BIS has about four times as much gold as the Federal Reserve, made in the crisis year 2009 a tax-free profit of 2 billion euros and has an equity of 17.3 billion euro.
“Our strength is that we do not have (legislative) power”, stated BIS Secretary-General Peter Dittus. “Our meetings are generally not focused on decision-making. They are primarily focused on the exchange of views. These opinions are finding their way in a more subtle way, by a process that could be compared to reverse osmosis “
I come back to the aforementioned quote of Mayer Anschelm Rothschild: ‘give me the right to create money and it makes me no matter who the laws of a country ‘. In everything that is known about the BIS, one finds the same signature. The BIS does not make laws. That is not necessary because the BIS creates money and has reserves, which probably exceeds far what the balance sheet shows. Because the 14% shareholders have fabulous wealth at their disposal. Therefore, if the current financial system has blown out its last breath, the BIS has the power and the support of 55 central banks to put the new game on the wagon. Recently China demanded in clear wording to replace the dollar as a world reserve currency with a new one. It is entirely in line with the expectation that the BIS Bank is going to bring this new currency in circulation. It does not matter whether this coin is named Bancor or SDR (Special Drawing Rights), or Scrooge McDuck. That’s only a matter of taste. The position of the BIS as the new world central bank will undoubtedly be accompanied by a global reform of the financial system. It can even have elements, that the critics of the current system may sound as music in the ears. Such as the ban on speculative financial practices. However, there is a saying that goes: “one cannot cast new wine in old leather bags’. Those old leather bags are the feudal system financial system and the financial elite, who have operated it in the past centuries for their own benefit, and in a ruthless manner.
A wolf will not turn into a lamb, neither will the bankers change their habits. If the new system with the BIS in its center, is being rolled out across the world, many will after the first flush of hope of improvement will be disappointed, because there will essentially be no real change. Or maybe worse than before, because the individual freedom of the human being might be affected. On this subject has already been written in clear wording by various authors, including Marcel Messing in Are We Awake?.
Crowdfunding: many small investors can make big things possible
This time is crucial for us all. Do we allow the new leaders again to put us like cattle in captivity or do we choose for awareness? If we choose the latter, then there has to be commitment too. Awareness means that one takes his own responsibility and places this no longer in the hands of authorities. We are open for self reflection on our mindsets. Within this topic this means a thorough review of our vision on money and economics. Money is not a prerequisite to own something, but will be in the new context nothing more than a means for transfer of goods and services. Economy is no more synonymous to indulging one selves based on limitless greed, no matter whether it is at the expense of our fellow human beings.
It is necessary that we take initiatives. There are already people everywhere in the world who act accordingly. In Ending the Global Casino? I have given examples of them, such as crowdfunding, credit unions, bartering, complementary money, interest-free banking, democratization of organizations, abolition of share ownership by a few. These are examples of the hope we may cherish of a brighter future for us and our children.
(c) Ad Broere