International Banking Cartel

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Much of the financial world is controlled by the international banking cartel. With their seemingly endless wealth, largely earned through tricks, manipulation, and hefty taxes, this cartel of banks manipulates most of the worlds wars where they finance and profit from both sides, while also usung these military forces to advance the interests of their corporate investments. It consists of Bank of America, JP Morgan Chase, Citigroup and Wells Fargo along with Deutsche Bank, BNP and Barclays. Eight families reportedly control the IBC: the Goldman Sachs, Rockefellers, Lehmans, Kuhn Loebs, Rothschilds, Warburgs, Lazards and the Israel Moses Seifs. Former Assistant Housing Secretary Catherine Austin Fitts said that, “My assessment is that 90% of the value of the US dollar comes from the US military.”

For decades, America has used its armed strength to enforce the use of the dollar as the world’s reserve currency, effectively making the US military the armed wing of the international banking cartel (IBC). Since 1971 when President Richard Nixon stopped paying US debt obligations with gold, America has increasingly used its military might to prop up the value of the dollar and enforce a global financial structure whose primary beneficiary is the US itself, and whose central bank, the Federal Reserve, serves as the IBC’s supervisory authority.

Who or what is this IBC? It consists of Bank of America, JP Morgan Chase, Citigroup and Wells Fargo along with Deutsche Bank, BNP and Barclays. Eight families reportedly control the IBC: the Goldman Sachs, Rockefellers, Lehmans, Kuhn Loebs, Rothschilds, Warburgs, Lazards and the Israel Moses Seifs. Besides owning the US oil behemoths Exxon Mobil, Royal Dutch Shell, BP and Chevron Texaco, IBC member institutions are among the top ten shareholders of nearly every Fortune 500 company. While the IBC itself has no formal status, nevertheless its members are represented by an international body, the Financial Stability Board (FSB). Organized as the Financial Security Forum in 1999 by G7 finance ministers and central bank governors, the FSB “seeks to give momentum to a broad-based multilateral agenda for strengthening financial systems and the stability of international financial markets.”

War is extremely profitable for the IBC, since not only do its members profit from financing arms sales to both sides during the conflicts that they themselves often initiate, but also from the post bellum reconstruction. In fact, the most powerful of the central banking institutions in the world, the Bank for International Settlements (BIS), was established in 1930 to oversee reparation payments imposed upon Germany by the Treaty of Versailles that ended the First World War. In addition to providing banking services for central banks worldwide, the BIS supervised the Bretton Woods international currency agreements from the Second World War until the early 1970s, when Nixon reneged on pledges to pay US debt obligations in gold. The BIS also works with the International Monetary Fund (IMF) to expand the IBC-imposed debt-dependency cycle among the nations of the world.

The methodology for global financial domination is really quite simple: America imports more goods than it exports and therefore dollars flow out of the US and accumulate in the central banks of other countries. Since the US has refused to honor these obligations in gold, the central banks are forced to invest in US treasury bills, bonds and other US financial instruments that pay interest which is financed by the issuance of further debt. The result is a US-dominated global financial system dependent upon maintaining the value, or more correctly, minimizing the rate of depreciation, of the dollar, allowing the US to enjoy an extravagant consumer-based economy at the expense of the rest of the world.

Regarding the insidious US debt-domination process, Wall Street analyst Michael Hudson explains that “by running balance-of-payments deficits that it refuses to settle in gold, it has obliged foreign governments to invest their surplus dollar holdings in Treasury bills, that is, to relend their dollar inflows to the US Treasury.” The system is somewhat self-perpetuating, for should a non-US central bank decide to divest its dollars, it would effectively sabotage the economy in its own country. Of course, foreign central banks and financial institutions are well aware that by investing in US treasury securities, they will lose money since the Federal Reserve will only turn around and “print” more dollars, thus further diluting the value of their reserves. However, if these foreign institutions would fail to reinvest their dollars in more T-bills, the rate of depreciation of their dollar holdings would accelerate dramatically. Such awareness holds most governments in check, preventing wholesale dumping of dollars, which of course would bring the entire global system down, along with the IBC.

Hence, demand for US dollars and government and agency bonds continues even as [dollar] value falls. The losses on these holdings represent a tax paid to the ‘Empire’,” writes Catherine Austin Fitts, adding, “The fundamental system is as old as the hills. It is based on force.” Conversely, this ability of the IBC to call upon the US military, which incidentally consumes 40 percent of global military spending, whenever and wherever the cartel’s interests are threatened, results directly from the global dominance of the dollar. India-based scholar and social activist Rohini Hensm writes, “It is the dominance of the dollar that underpins US financial dominance as a whole as well as the apparently limitless spending power that allows it to keep hundreds of thousands of troops stationed all over the world.” In short, dollar dominance allows the obscenely profligate spending to maintain the US military’s global presence, which in turn insures the continuing hegemony of the dollar.

Nevertheless, an increasing number of challenges to this dollar hegemony regime has arisen, some of which have necessitated suppression by the US military. Iraq is a good case in point. In November of 2000, former Iraqi dictator Saddam Hussein announced to the world that Iraq would no longer accept dollars for petroleum transactions. Despite the declining value of the Euro, Saddam demanded payment for Iraqi oil in the troubled currency while declaring dollars to be “the currency of the enemy.” By 2002, Iraqi oil was being traded in Euros, effectively dumping the dollar. Former US President George W. Bush, who was a deputy of the IBC from the oil industry, used the 9/11 terrorist attacks as a convenient excuse to invade Iraq in March 2003, thus eliminating Saddam’s threat to dollar domination.

When former Libyan leader Muammar al-Qaddafi tried to establish a state-run central bank and trade petroleum in non-dollar currencies, the IBC tapped NATO to intervene. On March 19, 2011, a mere month after initial internal unrest, the Transitional National Council “rebels” announced they were establishing the Libyan Oil Company as the supervisory authority on oil production and policies, and designated the Central Bank of Benghazi as the authority for monetary policies. That a local group of rebels one month into a rebellion would form a national oil company and designate a private central bank astounded Robert Wenzel of the Economic Policy Journal who remarked, “I have never before heard of a central bank being created in just a matter of weeks out of a popular uprising.” Confirming suspicions of IBC involvement, the US Treasury placed sanctions on Qaddafi’s National Oil Corporation, but assured the rebels, “Should National Oil Corporation subsidiaries or facilities come under different ownership and control, Treasury may consider authorizing dealings with such entities.”

Other countries have had enough of the IBC and its armed wing. Both Russia and China have expressed their distaste for the dollar status quo and US threats of sanctions or military force. On Thursday, Sept. 6, 2012, China announced that any nation in the world that wishes to buy, sell, or trade crude oil can do using the Chinese currency, not the American dollar. Following suit the next day, Russia announced that it would sell China all the crude oil it wanted but it would not accept US dollars. In addition, Russia has recently unveiled a payment system, called the PRO 100 Universal electronic card, designed to bypass the IBC should it again decide to block credit card services to Russian banks. “There is little doubt in my mind but that Russia and China and no doubt many other countries around the world are getting angry as hell about the US abusing its foreign currency privilege,” wrote investment banker Jay Taylor.

Iran, of course, has long been targeted by the IBC for refusing to surrender to US-imposed sanctions and threats of military force. Iran had completely eliminated the use of US dollars for oil trading by December 2007 and inaugurated its Bourse (stock exchange) for trading petroleum in non-dollar currencies in February 2008, coinciding with the 29th anniversary of the victory of the Islamic Revolution. Additionally, the IBC has tried to cut off Iran from using SWIFT, Society for Worldwide Interbank Financial Telecommunications, for international transactions. However, with the world’s second-largest gas reserves and third-largest oil reserves, Iran retains the potential to strike a major blow against US dollar hegemony.

The question is how can we put an end to this stranglehold on the global financial system by the IBC and its armed wing? Hensm gives us a simple, straightforward answer: Destroy US dollar hegemony, and the ‘Empire’ will collapse.” If more nations join Iran, Russia and China, and opt out of the US dollar protection racket, then this evil “Empire” will surely collapse along with its armed wing. (Source)

This cartel, through their financing of two World Wars; the revolutions of Lenin/Stalin and Hitler, among others; the creation of the IMF, World Bank and other private “central banks” like the Federal Reserve and the Bank of England; as well as their backing of international organizations like the United Nations, World Health Organization, World Trade Organization has sought to control not only the purse strings of the governments of the world, but also the policies, laws and programs that those governments and agencies implement.

Through their financing of both sides of wars (WWI and II, Cold War, War on Drugs, War on Terror, etc); their manufacture of financial crisis (Great Depression, the coming Greater Depression) and financing of ideological movements (eugenics/population control, feminism, communism, fascism, global warming, etc) the banking cartel has sought to undercut the political, economic and social sovereignty of nations around the world. As a result, their IMF, World Bank and other central bank proxies have managed to put nation after nation in massive debt to them. And as a result, they can further manipulate and control the governments (and citizens) of those nations to further enact their goal of a global government and banking system run – by them and for them – at the expense of all of humanity.

IMO, the New World Order is not a Jewish thing, it’s not a religious thing, it’s not even solely a money thing (although money is its greatest weapon). It instead is a control thing. They banking elite want to be able to control the globe and everyone in it.

However, as many who attempt to debunk the New World Order exists have said, nationalism and traditional political and ethnic hostilities have hampered the cartel’s quest for a one world government. Because of this, Russia, China and renegade states like Iran and Venezuela remain largely on the fringes of the NWO’s inner circle. Russia and China are both too big (unlike Iraq, Afghanistan, Panama) and potentially valuable to the cause to ignore or wipe out. But while political and economic relations exist between the western powers and the two outsiders; the potential for conflict with Russia and China in Eurasia or Africa remain very real.

Throughout the last century, the countries and political leaders that refused to play ball with the banking cartel got their butts kicked. Unfortunately, in the post-WWII world, the United States (both covertly and overtly) has been doing most of the butt kicking for the cartel. And we are in debt up to our eyeballs and our Constitution is hanging by a thread because of it (more on that later). Of course, we see the lesser “outsiders” Iran and Venezuela cozy up to Russia and China and use it to their advantage to thwart the banking cartel’s attempts to have the U.S., or other pro-cartel, military force take them out.

But, just as it was in the World Wars and the Cold War, the banking cartel benefits if any conflict (short of all-out thermonuclear war) takes place between major and even lesser powers. That’s because war – and the debt that follows it – makes them more money. And it also allows the cartel to step in and offer a “solution” for a peaceful future once hostilities are over, as they did with the United Nations and the Bretton Woods economic makeover after World War II.

Of course the United Nations, through the corporate media, has largely been painted ineffective to this point. But that ineffectiveness is only on the surface. When it comes to controlling the third world via their population control, medical and economic programs – which are full of systematic graft and corruption – the success of the UN has been tremendous because they “control” the third world by keeping it in the political and economic crapper while their resources are being stripped right out from under the very people the UN is supposed to be helping.

But, as money is the NWO’s greatest weapon, and nationalism and traditional nation-state and religious strife is painted as a major threat to its goals (it’s not of course, because as Smedley Butler said “War Is A Racket”). The biggest threat to the New World Order and their aims is the belief of personal liberty and the political self-determination that comes with it; which has stemmed largely from the United States since we were still colonies under British control.

That doctrine – which the whole of good humanity has aspired to and dreamed of for two centuries – and the future of what it entails is where We the People of the United States come in. What the banking cartel has been doing to other nations – engineered economic collapse via their economic hitmen and Wall Street jackals – is now being done to the United States. Our economy is being systematically destroyed through unprecedented debt via the private Federal Reserve. The goal – as it was in other countries who refuse to yield to global government – is to completely collapse the U.S. economy. Then – through the civil unrest and economic carnage that follows the collapse – install a centrally dominated, dictatorial government where, in the case of the United States, the Constitution and Bill of Rights no longer exist.

You can see now through the corporate media how anyone who questions the government and their policies as being painted as a potential terrorist. Department of Homeland Security has labeled citizens on the left and right side of the political spectrum as threats. The Department of Defense has said that protest is terrorism. Opponents of the Federal Reserve system are labeled extremists or kooks. And the legislation aimed at exposing its agenda is being ignored, despite its overwhelming support on Capitol Hill and on Main Street. And once again, just as they did with the stimulus – the banking cartel is engaging in economic terrorism – promising total economic collapse if a full open audit of the Federal Reserve takes place.

From the Patriot Act I and II, the Military Commissions Act, the John Warner Defense Authorization Act – to the current Hate Crimes, Cap and Trade and Cyber Security bills in Congress – the banking cartel and their political whores in Washington D.C. and elsewhere in our nation seek to destroy our founding doctrine and put us under the thumb of the most oppressive, controlled and tax heavy government in American history.

The longtime goal of the banking cartel and their agents in the U.S. government and corporate whore media is the total destruction of the American Republic. The cartel cannot complete their NWO agenda if We the People are running around touting our Constitution and Bill of Rights as a beacon of freedom for all of humanity to aspire to.

The banking cartel hates the Constitution. They hate the fact that it says – in Article 1, Section 7, that only Congress has the power:

“To coin money, regulate the value thereof, and of foreign coin, and fix the standard of weights and measures”

The baking cartel hates the 1st Amendment:

“Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the people peaceably to assemble, and to petition the government for a redress of grievances.”

They hate the 2nd Amendment:

“A well regulated militia, being necessary to the security of a free state, the right of the people to keep and bear arms, shall not be infringed.”

They hate the 4th Amendment:

“The right of the people to be secure in their persons, houses, papers, and effects, against unreasonable searches and seizures, shall not be violated, and no warrants shall issue, but upon probable cause, supported by oath or affirmation, and particularly describing the place to be searched, and the persons or things to be seized.”

[efoods]They hate the 9th Amendment:

“The enumeration in the Constitution, of certain rights, shall not be construed to deny or disparage others retained by the people.”

They hate the 10th Amendment:

“The powers not delegated to the United States by the Constitution, nor prohibited by it to the states, are reserved to the states respectively, or to the people.”

And they would really hate if we removed the 16th Amendment, which by the way is quite likely the only amendment they love:

“The Congress shall have power to lay and collect taxes on incomes, from whatever source derived, without apportionment among the several states, and without regard to any census or enumeration.”

They banking cartel hates the Constitution and those who believe in it, because we stand together in direct opposition to everything they seek in the United States and worldwide. And they hate that for the last 200-plus years, every human being seeking freedom and a better way of life for themselves, their family and their respective countries have looked to the American Republic and our founding doctrine and dream that one day they too can bring “life, liberty and the pursuit of happiness” to their part of the world.

As many of you know, former Fed chairman Alan Greenspan said on national T.V. that the Federal Reserve is above the law and answerable to no one including Congress.

He said it, on national TV, just like Second National Bank of the United States chairman, Nicholas Biddle, wrote it back in the 1830’s (The following pages come directly from Arthur Schlesinger’s Pulitzer Prize winning book, “The Age of Jackson”).

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