THE ROOT CAUSE OF TERRORISM EXPLAINED IN 2 MIN.
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A short video clip narrated by John Perkins (former economic hit-man for the IMF) which explains the entire sinister process of Economic Terrorism which breeds ,,,,, hmm….
The salient points presented in clear precise manner in just two minutes
see cartoon figure below
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The Extended Confessions Of An Economic Hit Man
Submitted by Tyler Durden on 05/20/2011 17:03 -0400
The book “Confessions of an Economic Hit Man” by John Perkins is easily one of the most engrossing pieces of non-fiction one can read to learn about the true drivers behind globalization, espionage, corporate cronyism, the emergence of such “artificial” organizations as the World Bank and the IMF, and most importantly, debt “enslavement”, all as seen from an insider’s view. It explains in simple words why over the past 40 years the developing world paradigm has been exploited as heavily as it has, why the BRIC concept was instrumental as a Red Herring to perpetuating the myth of endless growth, and why credit must always flow no matter what to keep the status quo in power. For those who have read the book, and for those who are on the fence about reading it, below we present the three part presentation by John Perkins at the 2006 Veterans for Peace National Convention in which he expounds on all the key ideas in his book, and does an extended Q&A covering topics not discussed previously. We urge everyone to spend at least a few minutes listening to Perkins who gives a unique and non-conflicted expert opinion on the primary force for why the the modern equivalent of enslavement is not by force, but by debt.
Part 1
Part 2
Part 3
And for the truly time-constrained we recommend the following blurb which encapsulates the key elements from the book, and Perkins’ life.
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Economic Hitmen
Uploaded by studioJOHO on Mar 22, 2010
An animated interview of John Perkins, author of ‘HoodWinked’ and ‘Confessions Of An Economic Hitman’
Copyright of the audio belongs to John Perkins.
For more visit http://www.studiojoho.com
email info@studiojoho.com
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Posted by éminence grise at 9:28 AM
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DID REAGAN BOOST THE ECONOMY? FOR THE TOP 1%, YES, A WHOLE LOT! FOR LABOR, NO, NOT ONE IOTA!
Reaganomics Sucked Wealth Up, Did Not Trickle It Down
Michael Hudson on Reagan Centennial: Creating an economy for predators is not respect for a “free market”
Bio
Michael Hudson is President of The Institute for the Study of Long-Term Economic Trends (ISLET), a Wall Street Financial Analyst, Distinguished Research Professor of Economics at the University of Missouri, Kansas City and author of Super-Imperialism: The Economic Strategy of American Empire (1968 & 2003), Trade, Development and Foreign Debt (1992 & 2009) and of The Myth of Aid (1971). ISLET engages in research regarding domestic and international finance, national income and balance-sheet accounting with regard to real estate, and the economic history of the ancient Near East. Michael acts as an economic advisor to governments worldwide including Iceland, Latvia and China on finance and tax law.
February 5, 2011
Reaganomics Was Pro Business, Not Pro ‘Free Market’
Yves Smith on Reagan Centennial: President Reagan broke unions and intervened in the market when big business required it
Bio
Yves Smith has written the popular and trenchant financial blog “Naked Capitalism” since 2006. Yves has spent more than 25 years in the financial services industry and currently heads Aurora Advisors, a New York-based management consulting firm specializing in corporate finance advisory and financial services. Prior experience includes Goldman Sachs (in corporate finance), McKinsey & Co., and Sumitomo Bank (as head of mergers and acquisitions). Yves has written for publications in the United States and Australia, including The New York Times, The Christian Science Monitor, Slate, The Conference Board Review, Institutional Investor, The Daily Deal and the Australian Financial Review. Yves is a graduate of Harvard College and Harvard Business School.
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Economic Collapse Explained in Three Minutes( Video)
By youtube.com
A humorous video on World banking and International debts.
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Bill Black:
“[The conclusions of the Financial Crisis Inquiry Commission last week] …can only have occurred with endemic fraud from the most senior ranks of the lending institutions and the investment banks, in other words, what we in criminology call accounting control fraud.” “But …neither Congress nor this commission …[were] willing to actually use the F word.”
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To Overtake Iraqi Oil Reserves, Afghan Opium Fields and Lithium Deposits
http://www.youtube.com/watch?v=Leh5tk89Ncs
http://www.truthistreason.net/oil-were-here-for-the-heroin-at-19923200-per-barrel
US Sponsored Afghan Opium Drug Trade
http://www.youtube.com/watch?v=t_r28QxXsr8
Increased warfare expenditures for the military industrial complex
Military Industrial Complex
http://www.youtube.com/watch?v=Xm1B7x5JZfE
Increased profits to International Bankers
The IMF charge compiling interest rates on mega-billion dollar warfare loans.
International bankers often use warfare to set up ”Central Banking systems that are privately controlled” across the globe.
http://www.youtube.com/watch?v=HrL6IhVKQGw&feature=related
http://www.youtube.com/watch?v=aqJIO88wUNk&feature=related
WAR ALLOWS THE INTERNATIONAL BANKERS TO:
1. Finance both, or all, sides in war for enormous profits.
2. Profit from the selling of arms through their Military Industrial Complex.
3. Make loans for the rebuilding of countries after the destruction.
4. Get countries under control through debt.
5. Take control of countries by installing puppet regimes, corporate-friendly dictators, or bought-off politicians.
6. Take over a country’s resources by military intervention, or take control when a country defaults on its war debts.
7. To eliminate (kill) specific citizens who do not wish their country to be under the control of International Banking privateers….in short, to remove any and all resistance to global, private-banking fraud.
The Immense Cost of Warfare to Citizens
http://www.jmooneyham.com/bmil.html
How to Abolish the Federal Reserve and the IMF
http://www.youtube.com/watch?v=nNumEm2NzQA&feature=related
Iceland taxpayers refuse to bail out International Banks
http://netrightdaily.com/2011/04/iceland-declares-independence-from-international-banks/
Iceland, a country that wants to punish the bankers responsible for the crisis
http://www.pressenza.com/npermalink/icelandx-a-country-that-wants-to-punish-the-bankers-responsible-for-the-crisis
Below is a copy of a post by William Boyd regarding American banking corruption:
“Today, most American students don’t even understand what a central bank is, much less that the battle over central banks is one of the most important themes in U.S. history. The truth is that our nation was birthed in the midst of a conflict over taxation and the control of our money. Central banking has played a key role in nearly all of the wars that America has fought. Presidents that resisted the central bankers were shot, while others shamefully caved in to their demands. Our current central bank is called the Federal Reserve and it is about as “federal” as Federal Express is. The truth is that it is a privately-owned financial institution that is designed to ensnare the U.S. government in an endlessly expanding spiral of debt from which there is no escape. The Federal Reserve caused the Great Depression and the Federal Reserve is at the core of our current economic crisis. None of these things are taught to students in America’s schools today.
In 2010, young Americans are taught a sanitized version of American history that doesn’t even make any sense. As with so many things, if you want to know what really happened just follow the money.
The following are 41 facts about the history of central banks in the United States that every American should know….
#1 As a result of the Seven Years War with France, King George III of England was deeply in debt to the central bankers of England.
#2 In an attempt to raise revenue, King George tried to heavily tax the colonies in America.
#3 In 1763, Benjamin Franklin was asked by the Bank of England why the colonies were so prosperous, and this was his response:
“That is simple. In the colonies we issue our own money. It is called Colonial Scrip. We issue it in proper proportion to the demands of trade and industry to make the products pass easily from the producers to the consumers.
In this manner, creating for ourselves our own paper money, we control its purchasing power, and we have no interest to pay to bankers.”
#4 The Currency Act of 1764 ordered the American Colonists to stop printing their own money. Colonial scrip (the money the colonists were using at the time) was to be exchanged at a two-to-one ratio for “notes” from the Bank of England.
#5 Later, in his autobiography, Benjamin Franklin explained the impact that this currency change had on the colonies:
“In one year, the conditions were so reversed that the era of prosperity ended, and a depression set in, to such an extent that the streets of the Colonies were filled with unemployed.”
#6 In fact, Benjamin Franklin stated unequivocally in his autobiography that the power to issue currency was the primary reason for the Revolutionary War:
“The colonies would gladly have borne the little tax on tea and other matters had it not been that England took away from the colonies their money, which created unemployment and dissatisfaction. The inability of the colonists to get power to issue their own money permanently out of the hands of George III and the international bankers was the primary reason for the Revolutionary War.”
#7 Gouverneur Morris, one of the authors of the U.S. Constitution, solemnly warned us in 1787 that we must not allow the bankers to enslave us:
“The rich will strive to establish their dominion and enslave the rest. They always did. They always will… They will have the same effect here as elsewhere, if we do not, by (the power of) government, keep them in their proper spheres.”
#8 Unfortunately, those warning us about the dangers of a central bank did not prevail. After an aborted attempt to establish a central bank in the 1780s, the First Bank of the United States was established in 1791. Alexander Hamilton (who had close ties to the Rothschild banking family) cut a deal under which he would support the move of the nation’s capital to Washington D.C. in exchange for southern support for the establishment of a central bank.
#9 George Washington signed the bill creating the First Bank of the United States on April 25, 1791. It was given a 20 year charter.
#10 In the first five years of the First Bank of the United States, the U.S. government borrowed 8.2 million dollars and prices rose by 72 percent.
#11 The opponents of central banking were not pleased. In 1798, Thomas Jefferson said the following:
“I wish it were possible to obtain a single amendment to our Constitution – taking from the federal government their power of borrowing.”
#12 In 1811, the charter of the First Bank of the United States was not renewed.
#13 One year later, the War of 1812 erupted. The British and the Americans were at war once again.
#14 In 1814, the British captured and burned Washington D.C., but the Americans subsequently experienced key victories at New York and at New Orleans.
#15 The Treaty of Ghent, officially ending the war, was ratified by the U.S. Senate on February 16th, 1815 and was ratified by the British on February 18th, 1815.
#16 In 1816, another central bank was created. The Second Bank of the United States was established and was given a 20 year charter.
#17 Andrew Jackson, who became president in 1828, was determined to end the power of the central bankers over the United States.
#18 In fact, in 1832, Andrew Jackson’s re-election slogan was “JACKSON and NO BANK!”
#19 On July 10th, 1832 President Jackson said the following about the danger of a central bank:
“It is not our own citizens only who are to receive the bounty of our government. More than eight millions of the stock of this bank are held by foreigners… is there no danger to our liberty and independence in a bank that in its nature has so little to bind it to our country? … Controlling our currency, receiving our public moneys, and holding thousands of our citizens in dependence… would be more formidable and dangerous than a military power of the enemy.”
#20 In 1835, President Jackson completely paid off the U.S. national debt. He is the only U.S. president that has ever been able to accomplish this.
#21 President Jackson vetoed the attempt to renew the charter of the Second Bank of the United States in 1836.
#22 Richard Lawrence attempted to shoot Andrew Jackson, but he survived. It is alleged that Lawrence said that “wealthy people in Europe” had put him up to it.
#23 The Civil War was another opportunity for the central bankers of Europe to get their hooks into America. In fact, it is claimed that Abraham Lincoln actually contacted Rothschild banking interests in Europe in an attempt to finance the war effort. Reportedly, the Rothschilds were demanding very high interest rates and Lincoln balked at paying them.
#24 Instead, Lincoln pushed through the Legal Tender Act of 1862. Under that act, the U.S. government issued $449,338,902 of debt-free money.
#25 This debt-free money was known as “Greenbacks” because of the green ink that was used.
#26 The central bankers of Europe were not pleased. The following quote appeared in the London Times in 1865:
“If this mischievous financial policy, which has its origin in North America, shall become endurated down to a fixture, then that Government will furnish its own money without cost. It will pay off debts and be without debt. It will have all the money necessary to carry on its commerce. It will become prosperous without precedent in the history of the world. The brains, and wealth of all countries will go to North America. That country must be destroyed or it will destroy every monarchy on the globe.”
#27 Abraham Lincoln was shot dead by John Wilkes Booth on April 14th, 1865.
#28 After the Civil War, all money in the United States was created by bankers buying U.S. government bonds in exchange for bank notes.
#29 James A. Garfield became president in 1881, and he was a staunch opponent of the banking powers. In 1881 he said the following:
“Whoever controls the volume of money in our country is absolute master of all industry and commerce…and when you realize that the entire system is very easily controlled, one way or another, by a few powerful men at the top, you will not have to be told how periods of inflation and depression originate.”
#30 President Garfield was shot about two weeks later by Charles J. Guiteau on July 2nd, 1881. He died from medical complications on September 19th, 1881.
#31 In 1906, the U.S. stock market was setting all kinds of records. However, in March 1907 the U.S. stock market absolutely crashed. It is alleged that elite New York bankers were responsible.
#32 In addition, in 1907 J.P. Morgan circulated rumors that a major New York bank had gone bankrupt. This caused a massive run on the banks. In turn, the banks started recalling all of their loans. The panic of 1907 resulted in a congressional investigation that ended up concluding that a central bank was “necessary” so that these kinds of panics would never happen again.
#33 It took a few years, but the international bankers finally got their central bank in 1913.
#34 Congress voted on the Federal Reserve Act on December 22nd, 1913 between the hours of 1:30 AM and 4:30 AM.
#35 A significant portion of Congress was either sleeping at the time or was already at home with their families celebrating the holidays.
#36 The president that signed the law that created the Federal Reserve, Woodrow Wilson, later sounded like he very much regretted the decision when he wrote the following:
“A great industrial nation is controlled by its system of credit. Our system of credit is privately concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men … [W]e have come to be one of the worst ruled, one of the most completely controlled and dominated governments in the civilized world–no longer a government by free opinion, no longer a government by conviction and the vote of the majority, but a government by the opinion and the duress of small groups of dominant men.”
#37 Between 1921 and 1929 the Federal Reserve increased the U.S. money supply by 62 percent. This was the time known as “The Roaring 20s”.
#38 In addition, highly leveraged “margin loans” became very common during this time period.
#39 In October 1929, the New York bankers started calling in these margin loans on a massive scale. This created the initial crash that launched the Great Depression.
#40 Rather than expand the money supply in response to this crisis, the Federal Reserve really tightened it up.
#41 In fact, it was reported that the U.S. money supply contracted by eight billion dollars between 1929 and 1933. That was an extraordinary amount of money in those days. Over one-third of all U.S. banks went bankrupt. The New York bankers were able to buy up other banks and all kinds of other assets for pennies on the dollar.
But are American students being taught any of this today?
Of course not.
In fact, it is a rare student that can even adequately explain what a central bank is.
We have lost so much of what is important about our history.
And you know what they say – those who forget history are doomed to repeat it.
It is absolutely critical that we educate as many Americans as possible about what is really going on in our financial system and about why we need to make some truly fundamental changes.– court jester.”
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SOME MORE INTERESTING INFORMATION, for review and comparison
When you control the money supply – you control the economy, the government and the people
Fiat Currency: http://www.youtube.com/watch?v=hHf85ELg_9o
Presenting The Exchange Stabilization Fund In 5 Parts:
Is This The Real “Plunge Protection Team”?
http://www.youtube.com/watch?feature=player_embedded&v=2ssrcD5GdPQ#!
It is impossible to understand the world today without knowing what the ESF is and what it has been doing. Officially in charge of defending the dollar, the ESF is the government agency which controls the New York Fed, runs the CIA’s black budget, and is the architect of the world’s monetary system (IMF, World Bank, etc).
ESF financing (through the OSS and then the CIA) built up the worldwide propaganda network which has so badly distorted history today (including erasing awareness of its existence from popular consciousness). It has been directly involved in virtually every major US fraud/scandal since its creation in 1934.
Here is a fine documentary titled: “The Calling” narrated by Max Igan.
http://www.youtube.com/watch?v=GLj-2IJ4pdk
It reveals how the international banksters pull the strings of the military/industrial complex, the drug trade, the oil industry, the media, warfare, national economies and governments across the globe.
This is a two minute, cartoon explanation of how the world works, narrated by John Perkins, author of “Confessions of an Economic Hit-Man”
http://www.youtube.com/watch?v=n7Fzm1hEiDQ
Perkins talks about how mega-billion dollar loans to Iceland (in good financial standing at the time) to build an unnecessary, gigantic, hydro-electric plant …brought the country to bankruptcy.
http://www.youtube.com/watch?v=vYzSDw-3r5I&NR=1&feature=fvwp
Here is a short interview with John Perkins who discusses his history as an economic hit-man, how the IMF and World Bank control and manipulate the economics of developing nations, how U.S. agents organize revolutions or assassinations of nation leaders, and how international corporations, the US Administration, and IMF actually run the whole show.
http://naturalnews.tv/v.asp?v=83B1AF93091799E7CEB88C5C459A530B
This following video gives the history of how banking privateers took control of the American monetary system.
http://www.youtube.com/watch?feature=player_embedded&hl=en&v=USGSOViaulc&gl=US
International bankers often use warfare to set up ”Central Banking systems that are privately controlled” across the globe….Since military intervention in Afghanistan and Iraq, centralized, ‘privately controlled’ banking systems have been introduced.
http://www.youtube.com/watch?v=HrL6IhVKQGw&feature=related
Banker Coup: Goldman Sachs Takes Over Europe
Problem/Reaction/Solution….Create the banking crisis, and then when the people are desperate, provide the prearranged solution of ‘complete private banking control of Europe’.
http://www.activistpost.com/2011/11/banker-coup-goldman-sachs-takes-over.html
Government assets being shifted to Corporations
Catherine Austin Fitts – The Looting Of America
http://www.youtube.com/watch?v=oUlQ7vElqqo&feature=player_embedded
The Truth About the Economy
Robert Reich connects the dots on the economy, in less than 2 minutes and 15 seconds.
http://www.youtube.com/watch?v=JTzMqm2TwgE&feature=player_embedded
Mel Hurtig’s discusses his new book titled “The Truth About Canada”
http://www.youtube.com/watch?v=dbrKTe6lvJw
Mel Hurtig explains why he wrote his new book; the disinformation provided by the Canadian media on the n.a. ‘free trade Agreement’, the selling off of tens of thousands of Canadian businesses to American and foreign corporations, the consistent reduction in corporate taxes and the continual increase in individual taxes, the vanishing middle class (as the super rich get even richer) – much like the US. A very interesting guy and a successful businessman…well worth listening to.
Is the NATO regime change in Libya….”a con job by the global power-elite”? This article reveals all the ties, connections and sinister activities of the global power-elite who pull the strings of NATO member nations.
http://www.infowars.com/atlantic-council-is-libya-a-global-con/comment-page-1/#comment-2700598
I recommend watching this documentary/film by Michael Moore titled: “Capitalism – A Love Story”
http://topdocumentaryfilms.com/capitalism-love-story/
“Executive Assassination Ring” Answered to Cheney, Had No Congressional Oversight
– by Seymour Hersh
http://www.alternet.org/rights/131153/seymour_hersh:_”executive_assassination_ring”_answered_to_cheney,_had_no_congressional_oversight/?page=entire
The Sovereign Independent
The Elite, the ‘Great Game’ and World War III
http://www.sovereignindependent.com/?p=21602
This ‘global con job’ is much like what John Pilger refers to in the next video documentary titled:
“The Corporate Takeover of Indonesia”
http://www.youtube.com/watch?v=igp9g-AlQ_g&feature=related
Examples of IMF/affiliated, corporations which violate human rights and pollute the immediate environment of developing nations.
Shell in Nigeria:
http://www.milieudefensie.nl/english/shellinnigeria
It’s Not Just Dominique Strauss-Kahn. The IMF Itself Should Be On Trial
Johann Hari:
http://www.commondreams.org/view/2011/06/03-5
A response to this article by a friend:
“The whole global economy has been influenced by the US and the West to suck wealth from the Third World. I was aware that the IMF was working in the interests of the US when I learned about the secret structural adjustment agreements recipients had to agree to. I have copied some quotes from the article below.
”At the height of the starvation, the IMF suspended $47m in aid, because the government had ‘slowed’ in implementing the marketing ‘reforms’ that had led to the disaster. ActionAid, the leading provider of help on the ground, conducted an autopsy into the famine. They concluded that the IMF “bears responsibility for the disaster.”
“Then, in the starved wreckage, Malawi did something poor countries are not supposed to do. They told the IMF to get out. Suddenly free to answer to their own people rather than foreign bankers, Malawi disregarded all the IMF’s ‘advice’, and brought back subsidies for the fertilizer, along with a range of other services to ordinary people. Within two years, the country was transformed from being a beggar to being so abundant they were supplying food aid to Uganda and Zimbabwe.”
How it Works
The recent bank bail-out process reminds me of something I saw in my wife’s Philippine farming community. A group of local businessmen got together and formed a ‘Farm Savings Co-operative’. They encouraged the local farmers to deposit their money in the ‘Savings Co-operative’. Unbeknownst to the hard-working and trusting farmers, the ‘directors of the board’ then proceeded to take out large loans for themselves from the Farm Co-operative bank. These loans were never paid back. These business shysters never intended to pay those debts back. And within four years the ‘Farm Savings Co-operative’, once holding local farmers’ earnings, went bankrupt and closed its doors.
These global banking shysters seem to have all the angles covered; where profits, loans, and bonuses are personally obtained at the expense of the common taxpayer and working class.
These banking privateers who control the Federal Reserve, obviously loan trillions of dollars to ‘affiliated’ private banks, and those loans are never paid back!! Tens of millions of dollars in bonuses (maybe more?) are given to the boards of directors and corporate executives who run these banks into the ground.
http://sanders.senate.gov/newsroom/news/?id=9e2a4ea8-6e73-4be2-a753-62060dcbb3c3
(Summarized below)
What was revealed in the audit was startling:
$16,000,000,000,000.00 (TRILLION) had been secretly given out to US banks and
corporations and foreign banks everywhere from France to Scotland. From the
period between December 2007 and June 2010, the Federal Reserve had secretly
bailed out many of the world’s banks, corporations, and governments. The Federal
Reserve likes to refer to these secret bailouts as an all-inclusive loan program, but
virtually none of the money has been returned and it was loaned out at 0% interest.
Americans should be swelled with anger and outrage at the abysmal state of affairs
when an unelected group of bankers can create money out of thin air and give it out
to megabanks and super-corporations like Halloween candy. 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: http://sanders.senate.gov/imo/media/doc/GAO%20Fed%20Investigation.pdf
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 (UK): $ 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
(UK): $ 181 billion ($ 181,000,000,000)
BNP Paribas
(France): $ 175 billion ($ 175,000,000,000)
Chew on the following definition of the International Monetary Fund for awhile.
“The International Monetary Fund was created in 1944, with a goal to stabilize exchange rates and supervise the reconstruction of the world’s international payment system. Countries contributed to a pool, which could be borrowed from, on a temporary basis, by countries with payment imbalances. (Condon, 2007)”
IMF supports Dictatorships
http://tabacco.blog-city.com/economic_trilogy__i_m_f_international_monetary_fund__erad.htm
I can not help but see the similarities between the local Philippine “Farm Savings Co-operative” and the International Monetary Fund. The Filipino ‘ board of directors’ loaned themselves huge sums of farmer’s monies….just as the IMF board of directors loan ‘friendly’ dictatorships and ‘affiliated’ private banks billions of dollars which will never be paid back…monies which are on the shoulders of the citizens of ‘contributing IMF countries’…monies which incur untold debt on unsuspecting citizens of said dictatorships. These monies are extreme debt that has been given the rubber-stamp by the IMF Board of Executives…monies which will be used to build IMF and World Bank affiliated business enterprises – enterprises which displace and dis-employ hundreds of thousands of local citizens. The trade off is a handful of industrial, manufacturing and construction jobs at the cost of a nation’s domestic farming and market industries. All under the misleading term ‘competing globally’. As though global competition justifies exploitation of global citizenry and global banking fraud.
According to John Perkins (former IMF Economic Hit-man), leaders of ‘non-member’ and ‘member’ IMF nations, who neither need the IMF loans nor desire to accede to World Bank terms, are first economically coerced, then threatened or assassinated, and if that doesn’t work, are replaced through US covert, instigated revolution or outright ‘military intervention’. Remember Vice President Dick Cheney set up the covert ‘assassination ring’, where US Seals were commanded to assassinate specific foreign executives.
At the time dictatorships agree to accept huge IMF loans, they are bound by certain trade conditions. They must agree to these specific conditions or face economic coercion and/or military intervention by NATO and/or US forces. It is these specific trade conditions which leave the country beholding to World Bank and World Trade Organization policies – policies which bring the country economically to its knees. Local working citizens are then faced with under-priced, imported goods flooding their marketplace. Former local manufacturing and farming industries are replaced with a handful of corporate enterprises. Local citizens soon face increasing taxation where none existed before. Thus, while corporate profits leave the country, hundreds of thousands of locals are left unemployed and exploited.
Why is it that IMF-supported dictatorships receive megabillion dollar loans that drive these countries into catastrophic debt?
Go to section (7) of this article and see for yourself how dictatorships that are member nations of the International Monetary Fund and World Bank, have been allowed to drive their nations into catastrophic debt.
http://tabacco.blog-city.com/economic_trilogy__i_m_f_international_monetary_fund__erad.htm “Arguments in favor of the IMF say that economic stability is a precursor to democracy, however critics highlight various examples in which democratized countries fell after receiving IMF loans.(6)”
Countries that were, or are, under a Military dictatorship whilst being members of the IMF/World Bank have incurred mega-billion dollar IMF debts. (7)
Greg Palast – Strauss Kahn Screws Africa
http://www.gregpalast.com/strauss-kahn-screws-africa/
This article explains how denying Guinea necessary funding to develop its own natural resources….the IMF then moved in to ”foreclose” those assets…insisted those assets be sold to IMF-affiliated corporations at rock bottom prices. In other words, if the country isn’t beholding with mega-billion dollar contracts tied to IMF-affiliated corporations, then the IMF simply with-holds further loans necessary for the country to keep its head above water…the IMF ”forecloses” and demands payments on its past loans…payments that require the country to sell off its gold, oil, uranium, aluminum, and other mineral rights. Thus the country is ‘screwed’ either by loans, or by the denial of further loans.
Below is a short informative video of the history of the corrupt Federal Reserve
http://www.youtube.com/watch?v=2R8LgD-jFtk&feature=related
Explanation of our Webt of Debt….
Catherine Austin Fitts – The Looting Of America
http://www.youtube.com/watch?v=oUlQ7vElqqo&feature=player_embedded
all we do is pay the interest on our increasing Government debt
Discussion by Ellen Brown, author of ‘Web of Debt’:
http://www.youtube.com/watch?v=QU0XiklHPMc
I discovered a web blog discussing how Hitler, for a number of years, managed full employment and renewed wealth, by getting the international bankers out of the finances of Germany.
The article gives a completely different perspective on why ‘taking back the control of the money supply’ makes sense for a country’s economic welfare. The article has some insights regarding the stranglehold of a nation’s wealth by the private banking industry. The other writings contained on the website are articles with which I neither agree nor disagree. It is his article on sinister private banking manipulation of the economy which is important to understand.
http://ww3zionism.blogspot.com/2010/04/hitlerize-economy.html
Unfortunately, understanding of world affairs, relies on what has been taught. ‘Safe’ history glorifies the ruling class and glosses over the exploitation of the common world citizen. Meanwhile, significant daily and historical events must be seen in a different light because, at present, the common people suffer from ‘misinformation syndrome’.
Middle East foreign policy as seen through the research of Noam Chomsky
Noam Chomsky discusses past and present day relations with Iran, and just who holds nuclear capability in the Mid-East….He provides a bit of a wake up call:
http://www.youtube.com/watch?v=vTGf4X_Qjew&feature=related
How the US Administration enhances terror in the Middle East occupied territories: Noam Chomsky
http://www.youtube.com/watch?v=Tnqv1r6g6OU&feature=related
Censorship by way of nightly news broadcasts
Noam Chomsky has pointed out in the following documentary titled “Manufacturing Consent”, that political leaders and ‘corporate America’ continually mislead and misinform the masses in order to ‘manufacture consent’ to war. Corporate news broadcasting and newspaper agencies seem to collaborate with the US Administration in keeping the public generally misinformed.
http://video.search.yahoo.com/search/video?p=manufacturing+consent+by+noam+chomsky
Deep Integration of Canada and America
Are Canadians even aware of ‘Deep Integration’ secretly, silently being signed up by Harper and Obama. Are Canadian okay with being a ’51st’ State, where economic and trade laws are subject to more international control?
http://www.thestar.com/Opinion/EditorialOpinion/article/980795
How the Banking Cabal leaves its footprint
For those who like to read history and investigative journalism
http://www.bilderberg.org/bis.htm
Carrol Quigley, Tragedy and Hope, 1966
“The Power 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 feudalistic 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 co-operative politicians by subsequent rewards in the business world.”
What came with the creation of birth certificates?
The next fellow discusses the creation of birth certificates in the early 1930’s to keep the people subjugated and beholding to the private banking industry as ‘collateral’.
http://www.youtube.com/watch?v=47jqtTMkZWc
The Criminal Rothschilds
This video gives the history of how banking privateers took control of the American monetary system.
http://www.youtube.com/watch?feature=player_embedded&hl=en&v=USGSOViaulc&gl=US
Motives of Recent War on Afghanistan, Iraq and Libya
To Overtake Iraqi Oil Reserves, Afghan Opium Fields and Lithium Deposits
http://www.youtube.com/watch?v=Leh5tk89Ncs
http://www.truthistreason.net/oil-were-here-for-the-heroin-at-19923200-per-barrel
US Sponsored Afghan Opium Drug Trade
http://www.youtube.com/watch?v=t_r28QxXsr8
Increased warfare expenditures for the military industrial complex
Military Industrial Complex
http://www.youtube.com/watch?v=Xm1B7x5JZfE
Increased profits to International Bankers
The IMF charge compiling interest rates on mega-billion dollar warfare loans.
International bankers often use warfare to set up ”Central Banking systems that are privately controlled” across the globe.
http://www.youtube.com/watch?v=HrL6IhVKQGw&feature=related
http://www.youtube.com/watch?v=aqJIO88wUNk&feature=related
WAR ALLOWS THE INTERNATIONAL BANKERS TO:
1. Finance both, or all, sides in war for enormous profits.
2. Profit from the selling of arms through their Military Industrial Complex.
3. Make loans for the rebuilding of countries after the destruction.
4. Get countries under control through debt.
5. Take control of countries by installing puppet regimes, corporate-friendly dictators, or bought-off politicians.
6. Take over a country’s resources by military intervention, or take control when a country defaults on its war debts.
7. To eliminate (kill) specific citizens who do not wish their country to be under the control of International Banking privateers….in short, to remove any and all resistance to global, private-banking fraud.
The Immense Cost of Warfare to Citizens
http://www.jmooneyham.com/bmil.html
How to Abolish the Federal Reserve and the IMF
http://www.youtube.com/watch?v=nNumEm2NzQA&feature=related
Iceland taxpayers refuse to bail out International Banks
http://netrightdaily.com/2011/04/iceland-declares-independence-from-international-banks/
Iceland, a country that wants to punish the bankers responsible for the crisis
http://www.pressenza.com/npermalink/icelandx-a-country-that-wants-to-punish-the-bankers-responsible-for-the-crisis
Below is a copy of a post by William Boyd regarding American banking corruption:
“Today, most American students don’t even understand what a central bank is, much less that the battle over central banks is one of the most important themes in U.S. history. The truth is that our nation was birthed in the midst of a conflict over taxation and the control of our money. Central banking has played a key role in nearly all of the wars that America has fought. Presidents that resisted the central bankers were shot, while others shamefully caved in to their demands. Our current central bank is called the Federal Reserve and it is about as “federal” as Federal Express is. The truth is that it is a privately-owned financial institution that is designed to ensnare the U.S. government in an endlessly expanding spiral of debt from which there is no escape. The Federal Reserve caused the Great Depression and the Federal Reserve is at the core of our current economic crisis. None of these things are taught to students in America’s schools today.
In 2010, young Americans are taught a sanitized version of American history that doesn’t even make any sense. As with so many things, if you want to know what really happened just follow the money.
The following are 41 facts about the history of central banks in the United States that every American should know….
#1 As a result of the Seven Years War with France, King George III of England was deeply in debt to the central bankers of England.
#2 In an attempt to raise revenue, King George tried to heavily tax the colonies in America.
#3 In 1763, Benjamin Franklin was asked by the Bank of England why the colonies were so prosperous, and this was his response:
“That is simple. In the colonies we issue our own money. It is called Colonial Scrip. We issue it in proper proportion to the demands of trade and industry to make the products pass easily from the producers to the consumers.
In this manner, creating for ourselves our own paper money, we control its purchasing power, and we have no interest to pay to bankers.”
#4 The Currency Act of 1764 ordered the American Colonists to stop printing their own money. Colonial scrip (the money the colonists were using at the time) was to be exchanged at a two-to-one ratio for “notes” from the Bank of England.
#5 Later, in his autobiography, Benjamin Franklin explained the impact that this currency change had on the colonies:
“In one year, the conditions were so reversed that the era of prosperity ended, and a depression set in, to such an extent that the streets of the Colonies were filled with unemployed.”
#6 In fact, Benjamin Franklin stated unequivocally in his autobiography that the power to issue currency was the primary reason for the Revolutionary War:
“The colonies would gladly have borne the little tax on tea and other matters had it not been that England took away from the colonies their money, which created unemployment and dissatisfaction. The inability of the colonists to get power to issue their own money permanently out of the hands of George III and the international bankers was the primary reason for the Revolutionary War.”
#7 Gouverneur Morris, one of the authors of the U.S. Constitution, solemnly warned us in 1787 that we must not allow the bankers to enslave us:
“The rich will strive to establish their dominion and enslave the rest. They always did. They always will… They will have the same effect here as elsewhere, if we do not, by (the power of) government, keep them in their proper spheres.”
#8 Unfortunately, those warning us about the dangers of a central bank did not prevail. After an aborted attempt to establish a central bank in the 1780s, the First Bank of the United States was established in 1791. Alexander Hamilton (who had close ties to the Rothschild banking family) cut a deal under which he would support the move of the nation’s capital to Washington D.C. in exchange for southern support for the establishment of a central bank.
#9 George Washington signed the bill creating the First Bank of the United States on April 25, 1791. It was given a 20 year charter.
#10 In the first five years of the First Bank of the United States, the U.S. government borrowed 8.2 million dollars and prices rose by 72 percent.
#11 The opponents of central banking were not pleased. In 1798, Thomas Jefferson said the following:
“I wish it were possible to obtain a single amendment to our Constitution – taking from the federal government their power of borrowing.”
#12 In 1811, the charter of the First Bank of the United States was not renewed.
#13 One year later, the War of 1812 erupted. The British and the Americans were at war once again.
#14 In 1814, the British captured and burned Washington D.C., but the Americans subsequently experienced key victories at New York and at New Orleans.
#15 The Treaty of Ghent, officially ending the war, was ratified by the U.S. Senate on February 16th, 1815 and was ratified by the British on February 18th, 1815.
#16 In 1816, another central bank was created. The Second Bank of the United States was established and was given a 20 year charter.
#17 Andrew Jackson, who became president in 1828, was determined to end the power of the central bankers over the United States.
#18 In fact, in 1832, Andrew Jackson’s re-election slogan was “JACKSON and NO BANK!”
#19 On July 10th, 1832 President Jackson said the following about the danger of a central bank:
“It is not our own citizens only who are to receive the bounty of our government. More than eight millions of the stock of this bank are held by foreigners… is there no danger to our liberty and independence in a bank that in its nature has so little to bind it to our country? … Controlling our currency, receiving our public moneys, and holding thousands of our citizens in dependence… would be more formidable and dangerous than a military power of the enemy.”
#20 In 1835, President Jackson completely paid off the U.S. national debt. He is the only U.S. president that has ever been able to accomplish this.
#21 President Jackson vetoed the attempt to renew the charter of the Second Bank of the United States in 1836.
#22 Richard Lawrence attempted to shoot Andrew Jackson, but he survived. It is alleged that Lawrence said that “wealthy people in Europe” had put him up to it.
#23 The Civil War was another opportunity for the central bankers of Europe to get their hooks into America. In fact, it is claimed that Abraham Lincoln actually contacted Rothschild banking interests in Europe in an attempt to finance the war effort. Reportedly, the Rothschilds were demanding very high interest rates and Lincoln balked at paying them.
#24 Instead, Lincoln pushed through the Legal Tender Act of 1862. Under that act, the U.S. government issued $449,338,902 of debt-free money.
#25 This debt-free money was known as “Greenbacks” because of the green ink that was used.
#26 The central bankers of Europe were not pleased. The following quote appeared in the London Times in 1865:
“If this mischievous financial policy, which has its origin in North America, shall become endurated down to a fixture, then that Government will furnish its own money without cost. It will pay off debts and be without debt. It will have all the money necessary to carry on its commerce. It will become prosperous without precedent in the history of the world. The brains, and wealth of all countries will go to North America. That country must be destroyed or it will destroy every monarchy on the globe.”
#27 Abraham Lincoln was shot dead by John Wilkes Booth on April 14th, 1865.
#28 After the Civil War, all money in the United States was created by bankers buying U.S. government bonds in exchange for bank notes.
#29 James A. Garfield became president in 1881, and he was a staunch opponent of the banking powers. In 1881 he said the following:
“Whoever controls the volume of money in our country is absolute master of all industry and commerce…and when you realize that the entire system is very easily controlled, one way or another, by a few powerful men at the top, you will not have to be told how periods of inflation and depression originate.”
#30 President Garfield was shot about two weeks later by Charles J. Guiteau on July 2nd, 1881. He died from medical complications on September 19th, 1881.
#31 In 1906, the U.S. stock market was setting all kinds of records. However, in March 1907 the U.S. stock market absolutely crashed. It is alleged that elite New York bankers were responsible.
#32 In addition, in 1907 J.P. Morgan circulated rumors that a major New York bank had gone bankrupt. This caused a massive run on the banks. In turn, the banks started recalling all of their loans. The panic of 1907 resulted in a congressional investigation that ended up concluding that a central bank was “necessary” so that these kinds of panics would never happen again.
#33 It took a few years, but the international bankers finally got their central bank in 1913.
#34 Congress voted on the Federal Reserve Act on December 22nd, 1913 between the hours of 1:30 AM and 4:30 AM.
#35 A significant portion of Congress was either sleeping at the time or was already at home with their families celebrating the holidays.
#36 The president that signed the law that created the Federal Reserve, Woodrow Wilson, later sounded like he very much regretted the decision when he wrote the following:
“A great industrial nation is controlled by its system of credit. Our system of credit is privately concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men … [W]e have come to be one of the worst ruled, one of the most completely controlled and dominated governments in the civilized world–no longer a government by free opinion, no longer a government by conviction and the vote of the majority, but a government by the opinion and the duress of small groups of dominant men.”
#37 Between 1921 and 1929 the Federal Reserve increased the U.S. money supply by 62 percent. This was the time known as “The Roaring 20s”.
#38 In addition, highly leveraged “margin loans” became very common during this time period.
#39 In October 1929, the New York bankers started calling in these margin loans on a massive scale. This created the initial crash that launched the Great Depression.
#40 Rather than expand the money supply in response to this crisis, the Federal Reserve really tightened it up.
#41 In fact, it was reported that the U.S. money supply contracted by eight billion dollars between 1929 and 1933. That was an extraordinary amount of money in those days. Over one-third of all U.S. banks went bankrupt. The New York bankers were able to buy up other banks and all kinds of other assets for pennies on the dollar.
But are American students being taught any of this today?
Of course not.
In fact, it is a rare student that can even adequately explain what a central bank is.
We have lost so much of what is important about our history.
And you know what they say – those who forget history are doomed to repeat it.
It is absolutely critical that we educate as many Americans as possible about what is really going on in our financial system and about why we need to make some truly fundamental changes.– court jester.”
Solutions – What A State Owned Bank Could Mean For California
http://www.yesmagazine.org/new-economy/what-a-public-bank-could-mean-for-california?utm_source=wkly20110520&utm_medium=yesemail&utm_campaign=mrBrown
Why a State Bank?
California joins eleven other states that have introduced bills to form state-owned banks or to study their feasibility. Eight of these bills were introduced just since January, including Oregon, Washington State, Massachusetts, Arizona, Maryland, New Mexico, Maine and California. Illinois, Virginia, Hawaii and Louisiana introduced similar bills in 2010. [For more information about these proposals, see here.]All of these bills were inspired by the Bank of North Dakota(BND), currently the nation’s only state-owned bank. While other states are teetering on the edge of bankruptcy, the state of North Dakota continues to report surpluses. On April 20, the BND reported profits for 2010 of $62 million, setting a record for the seventh straight year. The BND’s profits belong to the citizens and are produced without taxation.
Portugal: Same Folly Again
http://www.flyingimam.com/
Spain Takes To The Streets to Protest Politicians and Bankers
http://www.youtube.com/watch?v=RZ55PC-ElSE&feature=player_embedded#at
Terrorism Breeds Terrorism 