‘Economists continually try and sell the public the idea that recessions or depressions are a natural part of what they call the “business cycle”.
This timeline below will prove that is simply not the case. Recessions and depressions only occur because the Central Bankers manipulate the money supply, to ensure more and more is in their hands and less and less is in the hands of the people.
Central Bankers developed out of money changers and it is with these people we pick the story up in 48 B.C. below. [..]
Benjamin Franklin travels to England and would spend the next 18 years of his life there until just before the start of the American Revolution. [..]
In January the Paris Peace Conference takes place following the end of World War I. The bankers put World Government at the top of their agenda, and Paul Warburg and Bernard Baruch attend this conference with President Wilson.
To the bankers dismay, the world was not yet ready to dissolve national boundaries and accept World Government, so that part of their plan had failed.
The plan for World Government was called the, “League Of Nations,” and although many nations accepted this proposal, the United States Congress would not support it, and thus without the support of money from the United States Treasury, the bankers had failed and the League Of Nations died. [..]
President Theodore Roosevelt who died in 1919 was quoted in the March 27th edition of the New York Times with the following statement,
“These International bankers and Rockefeller-Standard Oil interests control the majority of newspapers and the columns of these newspapers to club into submission or drive out of public office officials who refuse to do the bidding of the powerful corrupt cliques which compose the invisible government.”
The reason the New York Times ran this article, was due to the Mayor of New York, John Hylan, who had been reported in the same paper the previous day, March 26th, with the following statement,
“The warning of Theodore Roosevelt has much timeliness today, for the real menace of our republic is this invisible government which like a giant octopus sprawls its slimy length over city, state, and nation … It seizes in its long and powerful tentacles our executive officers, our legislative bodies, our schools, our courts, our newspapers, and every agency created for the public protection …
To depart from mere generalizations, let me say that at the head of this octopus are the Rockefeller-Standard Oil interest and a small group of powerful banking houses generally referred to as international bankers. This little coterie of powerful international bankers virtually run the United States Government for their own selfish purposes.
They practically control both parties, write political platforms, make cats paws of party leaders, use the leading men of private organizations, and resort to every device to place in nomination for high public office only such candidates as will be amenable to the dictates of corrupt big business … these International Bankers and Rockefeller-Standard Oil interests control the majority of newspapers and magazines in this country.” [..]
(1929) As a result of this the stock market crashed on a day that would go down in history as, “Black Thursday.”
In his book, The Great Crash 1929, John Kenneth Gailbraith makes the following shocking statement,
“At the height of the selling frenzy, Bernard Baruch brought Winston Churchill into the visitors gallery of the New York Stock Exchange to witness the panic and impress him with his power over the wild events on the floor.”
Republican Congressman, Louis T McFadden, Chairman of the House Banking & Currency Committee, from 1920 to 1931, was as usual quite candid as to who was responsible. He stated of this crash,
“It was not accidental. It was a carefully contrived occurrence … The international bankers sought to bring about a condition of despair here so that they might emerge as rulers of us all.”
The Bank for International Settlements (BIS) was established by Charles G. Dawes (Rothschild agent and Vice President under President Calvin Coolidge from 1925-1929), Owen D. Young (Rothschild agent, founder of RCA [Today: SERCO] and Chairman of General Electric from 1922 until 1939), and Hjalmar Schacht of Germany (President of the Reichsbank).
The BIS is referred to the bankers as the, “Central bank for the central banks.” Whereas the IMF and the World Bank deal with governments, the BIS deals only with other central banks. All its meetings are held in secret and involve the top central bankers from around the world. For example the former head of the Federal Reserve, Alan Greenspan, would go to the BIS headquarters in Basel, Switzerland, ten times a year for these private meetings.
The BIS also has the status of a sovereign power and is immune from governmental control.
A summary of this immunity is listed below:
1. Diplomatic immunity for persons and what they carry with them (i.e., diplomatic pouches).
2. No taxation on any transactions, including salaries paid to employees.
3. Embassy-type immunity for all buildings and/or offices operated by the BIS worldwide including China and Mexico.
4. No oversight or knowledge of operations by any government authority, they are not audited.
5. Freedom from immigration restrictions.
6. Freedom to encrypt any and all communications of any sort.
7. Freedom from any legal jurisdiction, they even have their own police force. [..]
Georgetown Professor and historian, Carroll Quigley, commented on the creation of this central bank in his 1975 book, Tragedy And Hope, as follows,
“The powers of financial capitalism had (a) far reaching (plan), 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 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.
Each central bank … sought to dominate its government by its ability to control treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the Country, and to influence cooperative politicians by subsequent economic rewards in the business world.”
* Home of first World Zionist Congress, chaired by Theodor Herzl in 1897.
The second, “League Of Nations,” now renamed the “United Nations,” was approved.
The bankers’ World War II, had been a success this time as a result of the physical, emotional, and mental exhaustion the world had felt after yet another World War.
This blueprint for world government would soon have its own international court system as well. [..]
A New York periodical publishes an article claiming that the Rockefeller family were manipulating the Federal Reserve for the purpose of selling off Fort Knox gold at bargain basement prices to anonymous European speculators.
3 days after the publication of this story, its anonymous source, long time secretary to Nelson Rockefeller, Louise Auchincloss Boyer, mysteriously fell to her death from the window of her ten storey apartment block in New York.
President Reagan’s, “Gold Commission,” reports back to Congress and makes the following shocking statement concerning gold,
“The U. S. Treasury owned no gold at all. All the gold that was left in Fort Knox was now owned by the Federal Reserve, a group of private bankers, as collateral against the National Debt.” [..]
Edmond de Rothschild creates the World Conservation Bank which is designed to transfer debts from third world countries to this bank and in return those countries would give land to this bank.
This is designed so the Rothschilds can gain control of the third world which represents 30% of the land surface of the Earth.
At the Bilderberg Conference on June 6 to 9, in Baden-Baden, Germany, David Rockefeller made the following statement,
“We are grateful to the Washington Post, the New York Times, Time Magazine, and other great publications whose directors have attended our meetings and respected their promises of discretion for almost 40 years. It would have been impossible for us to develop our plan for the world, if we had been subjected to the lights of publicity during those years.
But the world is now more sophisticated and prepared to march towards a world government.
The super-national sovereignty of an intellectual elite and world bankers is surely preferable to the national auto-determination practised in past centuries.” [..]
The third world debtor nations who had borrowed from the World Bank, pay 198 million dollars more to the central banks of the developed nations for World Bank funded purposes than they receive from the World Bank. This only goes to increase their permanent debt in exchange for temporary relief from poverty which is caused by the payments on prior loans, the repayments of which already exceed the amount of the new loans.
This year Africa’s external debt had reached 290 billion dollars, which is two and a half times greater than its level in 1980, which has resulted in deterioration of schools, deterioration of housing, sky-rocketing infant mortality rates, a drastic downturn in the general health of the people, and mass unemployment.
The Washington Times reports that Russian President, Boris Yeltsin, was upset that most of the incoming foreign aid was being siphoned off, and he stated,
“Straight back into the coffers of Western Banks in debt service.”
This year American taxpayers pay the Federal Reserve 286 billion dollars in interest on debt the Federal Reserve purchased by printing money virtually cost free.
Ever wondered why all the world’s production seems to be moving to China? In a report entitled, “China’s Economy Toward the 21st Century,” released this year, it predicts that the per capita income in China in 2010, will be approximately 735 dollars. This is less than 30 dollars higher than the World Bank definition of a low income country. [..]
In his 1997 book, The Grand Chessboard, Zbigniew Brzezinski reveals that Germany is the largest shareholder in the World Bank. When you bear in mind that bankers of the Rothschild bloodline were said to own Germany, “lock, stock and barrel,” at the end of World War I, it is not difficult to see who controls the World Bank now.
The IMF eliminate food and fuel subsidies for the poor in Indonesia.
At the same time the IMF soaked up tens of billions of dollars to save Indonesia’s financiers or rather the international banks from whom they had borrowed.
A document leaks out of the World Bank, called, “Master Plan for Brazil.”
In it it spells out five requirements to ensure a flexible public sector workforce.
These are as follows:
– Reduce Salary/Benefits
– Reduce Pensions
– Increase Work Hours
– Reduce Job Stability
– Reduce Employment
In Brazil, Rio’s privatized electric company named, “Rio Light,” is responsible for repeated blackouts in neighbourhoods. The company blames the weather in the Pacific Ocean for the blackouts, when Rio is on the Atlantic. The blackouts wouldn’t have anything to do with the fact that after privatization Rio Light axed 40% of the company’s workforce would it? No problem for Rio Light, as a result of that their share price went up 33%. [..]
Professor Joseph Stiglitz, former Chief Economist of the World Bank, and former Chairman of President Clinton’s Council of Economic Advisers, goes public over the World Bank’s, “Four Step Strategy,” which is designed to enslave nations to the bankers.
I summarize this below,
Step One: Privatization.
This is actually where national leaders are offered 10% commissions to their secret Swiss bank accounts in exchange for them trimming a few billion dollars off the sale price of national assets.
Bribery and corruption, pure and simple.
Step Two: Capital Market Liberalization.
This is the repealing any laws that taxes money going over its borders. Stiglitz calls this the, “hot money,” cycle.
Initially cash comes in from abroad to speculate in real estate and currency, then when the economy in that country starts to look promising, this outside wealth is pulled straight out again, causing the economy to collapse.
The nation then requires IMF help and the IMF provides it under the pretext that they raise interest rates anywhere from 30% to 80%. This happened in Indonesia and Brazil, also in other Asian and Latin American nations.
These higher interest rates consequently impoverish a country, demolishing property values, savaging industrial production and draining national treasuries.
Step Three: Market Based Pricing.
This is where the prices of food, water and domestic gas are raised which predictably leads to social unrest in the respective nation, now more commonly referred to as, “IMF Riots.”
These riots cause the flight of capital and government bankruptcies. This benefits the foreign corporations as the nations remaining assets can be purchased at rock bottom prices.
Step Four: Free Trade.
This is where international corporations burst into Asia, Latin America and Africa, whilst at the same time Europe and America barricade their own markets against third world agriculture.
They also impose extortionate tariffs which these countries have to pay for branded pharmaceuticals, causing soaring rates in death and disease
There are a lot of losers in this system, but a few winners – bankers. In fact the IMF and World Bank have made the sale of electricity, water, telephone and gas systems a condition of loans to every developing nation. This is estimated at 4 trillion dollars of publicly owned assets.
In September of this year, Professor Joseph Stiglitz is awarded the Nobel Prize in economics.
America and Britain is now at war in both Afghanistan and Iraq, and looking toward an invasion of Iran.
As I mentioned before the greatest debt generator of them all is war.
This has pushed America to the brink of financial collapse.
This timeline is intended as a record of the past, but before you look at the conclusions, you may like to look at one person’s prediction for the near future in this mind-blowing article. [*]
In my research, I have discovered those critics who currently condemn the monetary system almost universally suggest that the only solution is to restore a gold backed currency.
I don’t think any readers of this timeline can be in any doubt, that such a system will be open to abuse by those very people who abuse it today.
Indeed if we introduced a currency backed by chairs, I believe we would find ourselves with nothing to sit on! (Contd…)
The History of the “Money Changers”
by Andrew Hitchcock (2006)
*) Collapse of U.S. Economy Imminent
January 21, 2006
Mongol “Great Khans” coin, minted in 1221 at Balk, Afghanistan, AH 618